$PSA
Public Storage Stock $psa

$psa Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000139331123000080 Filed on August 02, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$1.144B	$1.120B
YoY Change	5.12%	8.5%
Cost Of Revenue	$288.9M	$279.9M
YoY Change	4.3%	9.67%
Gross Profit	$854.9M	$839.9M
YoY Change	5.4%	8.12%
Gross Profit Margin	74.74%	75.01%
Selling, General & Admin	$28.63M	$24.24M
YoY Change	0.79%	-12.97%
% of Gross Profit	3.35%	2.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$238.7M	$222.1M
YoY Change	8.14%	1.57%
% of Gross Profit	27.93%	26.45%
Operating Expenses	$267.4M	$246.4M
YoY Change	7.3%	-0.08%
Operating Profit	$587.5M	$593.5M
YoY Change	4.55%	11.92%
Interest Expense	$58.35M	-$11.16M
YoY Change	71.05%	-133.87%
% of Operating Profit	9.93%	-1.88%
Other Income/Expense, Net
YoY Change
Pretax Income	$616.6M	$581.2M
YoY Change	-77.8%	-11.53%
Income Tax	$2.834M	$2.518M
% Of Pretax Income	0.46%	0.43%
Net Earnings	$613.3M	$528.3M
YoY Change	-77.85%	-19.21%
Net Earnings / Revenue	53.62%	47.18%
Basic Earnings Per Share	$3.21	$3.01
Diluted Earnings Per Share	$3.20	$3.00
COMMON SHARES
Basic Shares Outstanding	175.8M shares	175.8M shares
Diluted Shares Outstanding	176.2M shares	176.2M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$629.8M	$651.7M
YoY Change	-28.74%	-35.73%
Cash & Equivalents	$629.8M	$651.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$629.8M	$651.7M
YoY Change	-28.74%	-35.73%
LONG-TERM ASSETS
Property, Plant & Equipment	$18.27B	$16.16B
YoY Change	15.34%	3.98%
Goodwill	$165.8M	$165.8M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$278.1M	$276.8M
YoY Change	10.09%	-67.28%
Other Assets
YoY Change
Total Long-Term Assets	$19.25B	$16.91B
YoY Change	16.17%	0.35%
TOTAL ASSETS
Total Short-Term Assets	$629.8M	$651.7M
Total Long-Term Assets	$19.25B	$16.91B
Total Assets	$19.88B	$17.56B
YoY Change	13.9%	-1.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$644.2M	$507.6M
YoY Change	9.25%	7.18%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$644.2M	$507.6M
YoY Change	9.25%	7.18%
LONG-TERM LIABILITIES
Long-Term Debt	$9.030B	$6.894B
YoY Change	33.96%	-6.09%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$9.030B	$6.894B
YoY Change	33.96%	-6.09%
TOTAL LIABILITIES
Total Short-Term Liabilities	$644.2M	$507.6M
Total Long-Term Liabilities	$9.030B	$6.894B
Total Liabilities	$9.674B	$7.494B
YoY Change	31.97%	-4.1%
SHAREHOLDERS EQUITY
Retained Earnings	-$130.6M	-$167.4M
YoY Change	6.48%	-8.13%
Common Stock	$17.55M	$17.55M
YoY Change	0.09%	0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$10.11B	$10.07B
YoY Change
Total Liabilities & Shareholders Equity	$19.88B	$17.56B
YoY Change	13.9%	-1.69%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$613.3M	$528.3M
YoY Change	-77.85%	-19.21%
Depreciation, Depletion And Amortization	$238.7M	$222.1M
YoY Change	8.14%	1.57%
Cash From Operating Activities	$875.7M	$882.4M
YoY Change	-5.54%	10.64%
INVESTING ACTIVITIES
Capital Expenditures	$323.0M	$338.1M
YoY Change	-164.8%	-208.44%
Acquisitions
YoY Change
Other Investing Activities	-$2.178B	$3.165M
YoY Change	-182.29%	-30.24%
Cash From Investing Activities	-$2.501B	-$335.0M
YoY Change	-216.42%	9.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.604B	-591.1M
YoY Change	-150.03%	41.89%
NET CHANGE
Cash From Operating Activities	875.7M	882.4M
Cash From Investing Activities	-2.501B	-335.0M
Cash From Financing Activities	1.604B	-591.1M
Net Change In Cash	-21.74M	-43.68M
YoY Change	-83.24%	-159.32%
FREE CASH FLOW
Cash From Operating Activities	$875.7M	$882.4M
Capital Expenditures	$323.0M	$338.1M
Free Cash Flow	$552.7M	$544.3M
YoY Change	-61.22%	-50.94%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	175265668	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175265668	shares
CY2023Q2	us-gaap	Profit Loss ProfitLoss	581165000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	656893000	usd
	us-gaap	Profit Loss ProfitLoss	1101580000	usd
	us-gaap	Profit Loss ProfitLoss	1173188000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3136000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3043000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	5843000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	5395000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	578029000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	653850000	usd
	us-gaap	Net Income Loss NetIncomeLoss	1095737000	usd
	us-gaap	Net Income Loss NetIncomeLoss	1167793000	usd
CY2023Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48673000	usd
CY2022Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48673000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	97351000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	97038000	usd
CY2023Q2	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	1097000	usd
CY2022Q2	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	1796000	usd
	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	2539000	usd
	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	3250000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	528259000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	603381000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	995847000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1067505000	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.01
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.44
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.68
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.09
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.00
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.42
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.65
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.05
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175484000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175229000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175428000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175200000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176212000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176312000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176181000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176325000	shares
CY2023Q2	us-gaap	Profit Loss ProfitLoss	581165000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	656893000	usd
	us-gaap	Profit Loss ProfitLoss	1101580000	usd
	us-gaap	Profit Loss ProfitLoss	1173188000	usd
CY2023Q2	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	1302000	usd
CY2022Q2	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	-18835000	usd
	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	5171000	usd
	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	-25630000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	582467000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	638058000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1106751000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1147558000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	3136000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	3043000	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	5843000	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	5395000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	579331000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	635015000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1100908000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1142163000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10138048000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	5005000	usd
CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	464000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	12842000	usd
CY2023Q2	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	729000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	581165000	usd
CY2023Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	48673000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3575000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2023Q2	psa	Dividends Common Stock And Restricted Share Units DividendsCommonStockAndRestrictedShareUnits	527808000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1302000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10158571000	usd
CY2022Q1	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	83826000	usd
CY2022Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1636000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19144000	usd
CY2022Q2	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	5346000	usd
CY2022Q2	psa	Noncontrolling Interest Transfer From Redeemable Noncontrolling Interests To Noncontrolling Interests NoncontrollingInterestTransferFromRedeemableNoncontrollingInterestsToNoncontrollingInterests	83826000	usd
CY2022Q2	psa	Temporary Equity Noncontrolling Interest Transfer From Redeemable Noncontrolling Interests To Noncontrolling Interests TemporaryEquityNoncontrollingInterestTransferFromRedeemableNoncontrollingInterestsToNoncontrollingInterests	-83826000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	656893000	usd
CY2022Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	48673000	usd
CY2022Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	19142000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
CY2022Q2	psa	Dividends Common Stock And Restricted Share Units DividendsCommonStockAndRestrictedShareUnits	351289000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-18835000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10048348000	usd
CY2022Q2	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	0	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10166801000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	9396000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23756000	usd
	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	733000	usd
	us-gaap	Profit Loss ProfitLoss	1101580000	usd
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	97351000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	7348000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	6.00
	psa	Dividends Common Stock And Restricted Share Units DividendsCommonStockAndRestrictedShareUnits	1055559000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	5171000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10158571000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9355289000	usd
CY2021Q4	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	68249000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	12210000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	34794000	usd
	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	6137000	usd
	psa	Temporary Equity Noncontrolling Interest Contributions From Noncontrolling Interest TemporaryEquityNoncontrollingInterestContributionsFromNoncontrollingInterest	15426000	usd
	psa	Noncontrolling Interest Transfer From Redeemable Noncontrolling Interests To Noncontrolling Interests NoncontrollingInterestTransferFromRedeemableNoncontrollingInterestsToNoncontrollingInterests	83826000	usd
	psa	Temporary Equity Noncontrolling Interest Transfer From Redeemable Noncontrolling Interests To Noncontrolling Interests TemporaryEquityNoncontrollingInterestTransferFromRedeemableNoncontrollingInterestsToNoncontrollingInterests	-83826000	usd
	us-gaap	Profit Loss ProfitLoss	1173188000	usd
	psa	Temporary Equity Income Loss Attributable To Noncontrolling Interest TemporaryEquityIncomeLossAttributableToNoncontrollingInterest	-660000	usd
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	97038000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	21188000	usd
	psa	Temporary Equity Noncontrolling Interest Decrease From Distributions To Noncontrolling Interest Holders TemporaryEquityNoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	509000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	4.00
	psa	Dividends Common Stock And Restricted Share Units DividendsCommonStockAndRestrictedShareUnits	702552000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-25630000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10048348000	usd
CY2022Q2	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	0	usd
	us-gaap	Profit Loss ProfitLoss	1101580000	usd
	us-gaap	Profit Loss ProfitLoss	1173188000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	443783000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	440836000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	15560000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	91949000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	17329000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	46593000	usd
	psa	Unrealized Foreign Exchange Fluctuation UnrealizedForeignExchangeFluctuation	-27845000	usd
	psa	Unrealized Foreign Exchange Fluctuation UnrealizedForeignExchangeFluctuation	136818000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	21794000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	30856000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	6658000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	3970000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	19419000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	6198000	usd
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-4717000	usd
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-6705000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1579293000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1453773000	usd
	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	105056000	usd
	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	104836000	usd
	psa	Capital Expenditures For Property Enhancements CapitalExpendituresForPropertyEnhancements	67319000	usd
	psa	Capital Expenditures For Property Enhancements CapitalExpendituresForPropertyEnhancements	83329000	usd
	psa	Capital Expenditures For Energy Efficiencies CapitalExpendituresForEnergyEfficiencies	25850000	usd
	psa	Capital Expenditures For Energy Efficiencies CapitalExpendituresForEnergyEfficiencies	24308000	usd
	psa	Development And Expansion Of Real Estate Facilities DevelopmentAndExpansionOfRealEstateFacilities	161435000	usd
	psa	Development And Expansion Of Real Estate Facilities DevelopmentAndExpansionOfRealEstateFacilities	156463000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	190778000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	231417000	usd
	psa	Distributions In Excess Of Cumulative Equity In Earnings From Unconsolidated Real Estate Entities DistributionsInExcessOfCumulativeEquityInEarningsFromUnconsolidatedRealEstateEntities	3165000	usd
	psa	Distributions In Excess Of Cumulative Equity In Earnings From Unconsolidated Real Estate Entities DistributionsInExcessOfCumulativeEquityInEarningsFromUnconsolidatedRealEstateEntities	4537000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-547273000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-595816000	usd
	psa	Issuance Costs On Amendment Of Credit Facility IssuanceCostsOnAmendmentOfCreditFacility	8377000	usd
	psa	Issuance Costs On Amendment Of Credit Facility IssuanceCostsOnAmendmentOfCreditFacility	0	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	8200000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	472000	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	242832000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	9396000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	12210000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	733000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	1698000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	1152555000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	799502000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	7348000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	21697000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1155086000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-577859000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-123066000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	280098000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	775253000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	734599000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	29904000	usd
CY2021Q4	us-gaap	Restricted Cash RestrictedCash	26691000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	805157000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	761290000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	651665000	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1013886000	usd
CY2023Q2	us-gaap	Restricted Cash RestrictedCash	30426000	usd
CY2022Q2	us-gaap	Restricted Cash RestrictedCash	27502000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	682091000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1041388000	usd
	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-6405000	usd
	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-7706000	usd
	psa	Capital Expenditures For Property Enhancements Remaining Unpaid At Period End CapitalExpendituresForPropertyEnhancementsRemainingUnpaidAtPeriodEnd	-3446000	usd
	psa	Capital Expenditures For Property Enhancements Remaining Unpaid At Period End CapitalExpendituresForPropertyEnhancementsRemainingUnpaidAtPeriodEnd	-6268000	usd
	psa	Capital Expenditures For Energy Efficiencies Remaining At Period End CapitalExpendituresForEnergyEfficienciesRemainingAtPeriodEnd	-1177000	usd
	psa	Capital Expenditures For Energy Efficiencies Remaining At Period End CapitalExpendituresForEnergyEfficienciesRemainingAtPeriodEnd	-1822000	usd
	psa	Construction In Process Remaining Unpaid At Period End ConstructionInProcessRemainingUnpaidAtPeriodEnd	-57850000	usd
	psa	Construction In Process Remaining Unpaid At Period End ConstructionInProcessRemainingUnpaidAtPeriodEnd	-48682000	usd
	psa	Real Estate Acquired In Exchange For Noncontrolling Interests RealEstateAcquiredInExchangeForNoncontrollingInterests	0	usd
	psa	Real Estate Acquired In Exchange For Noncontrolling Interests RealEstateAcquiredInExchangeForNoncontrollingInterests	-19865000	usd
	us-gaap	Nature Of Operations NatureOfOperations	Description of the Business<div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Public Storage (referred to herein as “the Company,” “we,” “us,” or “our”), a Maryland real estate investment trust that has elected to be taxed as a real estate investment trust (“REIT”), was organized in 1980. Our principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities such as tenant reinsurance, merchandise sales, and third party management, as well as the acquisition and development of additional self-storage space. </span></div><div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At June 30, 2023, we had direct and indirect equity interests in 2,888 self-storage facilities (with approximately 206.0 million net rentable square feet) located in 40 states in the United States (“U.S.”) operating under the Public Storage® name, and 1.2 million net rentable square feet of commercial and retail space. </span></div><div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At June 30, 2023, we owned a 35% common equity interest in Shurgard Self Storage Limited (“Shurgard”), a public company traded on the Euronext Brussels under the “SHUR” symbol, which owned 266 self-storage facilities (with approximately 15 million net rentable square feet) located in seven Western European countries, all operating under the Shurgard® name.</span></div>
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	24219126000	usd
	psa	Real Estate Investment Property At Cost Capital Expenditures To Maintain Real Estate Facilities RealEstateInvestmentPropertyAtCostCapitalExpendituresToMaintainRealEstateFacilities	96352000	usd
	psa	Real Estate Investment Property At Cost Capital Expenditures For Property Enhancements RealEstateInvestmentPropertyAtCostCapitalExpendituresForPropertyEnhancements	70986000	usd
	psa	Real Estate Investment Property At Cost Capital Expenditures For Energy Efficiencies RealEstateInvestmentPropertyAtCostCapitalExpendituresForEnergyEfficiencies	27206000	usd
	psa	Real Estate Investment Property At Cost Acquisition Of Real Estate Facilities RealEstateInvestmentPropertyAtCostAcquisitionOfRealEstateFacilities	185903000	usd
	psa	Real Estate Investment Property At Cost Disposition And Other Real Estate Facilities RealEstateInvestmentPropertyAtCostDispositionAndOtherRealEstateFacilities	3448000	usd
	psa	Real Estate Investment Property At Cost Newly Developed Facilities Opened For Operation RealEstateInvestmentPropertyAtCostNewlyDevelopedFacilitiesOpenedForOperation	84389000	usd
CY2023Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	24680514000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	8554155000	usd
	us-gaap	Depreciation Depreciation	415358000	usd
	psa	Accumulated Depreciation On Real Estate Investments Disposed AccumulatedDepreciationOnRealEstateInvestmentsDisposed	2635000	usd
CY2023Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	8966878000	usd
CY2022Q4	us-gaap	Development In Process DevelopmentInProcess	372992000	usd
	psa	Development In Process Current DevelopmentInProcessCurrent	163670000	usd
	psa	Development In Process Write Off Of Cancelled Projects DevelopmentInProcessWriteOffOfCancelledProjects	2342000	usd
	psa	Development In Process Developed Or Redeveloped Facilities Opened For Operation DevelopmentInProcessDevelopedOrRedevelopedFacilitiesOpenedForOperation	84389000	usd
CY2023Q2	us-gaap	Development In Process DevelopmentInProcess	449931000	usd
CY2023Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	16163567000	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	9565000	usd
CY2022Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	48525000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	15560000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	91949000	usd
CY2023Q2	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	1.089
	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	5200000	usd
	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	-25600000	usd
CY2023Q2	us-gaap	Goodwill Gross GoodwillGross	165843000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	165843000	usd
CY2022Q4	us-gaap	Goodwill Gross GoodwillGross	165843000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	165843000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	762981000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	735626000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	27355000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	758106000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	710256000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	47850000	usd
CY2023Q2	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	947648000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	735626000	usd
CY2023Q2	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	212022000	usd
CY2022Q4	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	942773000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	710256000	usd
CY2022Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	232517000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10800000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	25400000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	24300000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	58200000	usd
	us-gaap	Increase Decrease In Intangible Assets Current IncreaseDecreaseInIntangibleAssetsCurrent	4900000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	15335000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	6621000	usd
CY2023Q2	psa	Finite Lived Intangible Assets Amortization Expense Thereafter FiniteLivedIntangibleAssetsAmortizationExpenseThereafter	5399000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	27355000	usd
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6930424000	usd
CY2023Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	36257000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	6894167000	usd
CY2023Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	6041852000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	6870826000	usd
CY2022Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	5958083000	usd
CY2023Q2	psa	Long Term Debt Gross Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtGrossMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	60000	usd
CY2023Q2	psa	Long Term Debt Gross Maturities Repayments Of Principal Year One LongTermDebtGrossMaturitiesRepaymentsOfPrincipalYearOne	808977000	usd
CY2023Q2	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Two LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearTwo	263571000	usd
CY2023Q2	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Three LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearThree	1150138000	usd
CY2023Q2	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Four LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearFour	500146000	usd
CY2023Q2	psa	Long Term Debt Gross Maturities Repayments Of Principal After Year Four LongTermDebtGrossMaturitiesRepaymentsOfPrincipalAfterYearFour	4207532000	usd
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6930424000	usd
CY2023Q2	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.023
	us-gaap	Interest Paid InterestPaid	73700000	usd
	us-gaap	Interest Paid InterestPaid	66000000	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	3800000	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	2600000	usd
CY2023Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2023Q2	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4350000000	usd
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2022Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4350000000	usd
	psa	Cumulative Arrearage Of Quarterly Dividends CumulativeArrearageOfQuarterlyDividends	6	dividend
	psa	Number Of Additional Members Right To Elect NumberOfAdditionalMembersRightToElect	2	board_member
	us-gaap	Preferred Stock Amount Of Preferred Dividends In Arrears PreferredStockAmountOfPreferredDividendsInArrears	0	usd
	psa	Affirmative Vote Of Outstanding Shares Of Series Of Preferred Shares Required For Any Material And Adverse Amendment To Terms Of Series Percent AffirmativeVoteOfOutstandingSharesOfSeriesOfPreferredSharesRequiredForAnyMaterialAndAdverseAmendmentToTermsOfSeriesPercent	0.6667
	psa	Affirmative Vote Of Outstanding Shares Of All Preferred Shares Voting As Single Class Required To Issue Shares Ranking Senior To Preferred Shares Percent AffirmativeVoteOfOutstandingSharesOfAllPreferredSharesVotingAsSingleClassRequiredToIssueSharesRankingSeniorToPreferredSharesPercent	0.6667
CY2023Q2	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.00
CY2023Q1	psa	Increase In Regular Common Dividend IncreaseInRegularCommonDividend	0.50
CY2023Q1	psa	Common Stock Per Share Quarterly Dividend CommonStockPerShareQuarterlyDividend	2.00
CY2023Q1	psa	Common Stock Per Share Quarterly Dividend CommonStockPerShareQuarterlyDividend	3.00
CY2023Q1	psa	Common Stock Per Share Annual Dividends CommonStockPerShareAnnualDividends	8.00
CY2023Q1	psa	Common Stock Per Share Annual Dividends CommonStockPerShareAnnualDividends	12.00
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	527600000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2022Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	351300000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1060000000.00	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	6.00
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	702500000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	4.00
CY2022Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48700000	usd
CY2023Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48700000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	97400000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	97000000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	600000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1300000	usd
CY2022Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1100000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	2100000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11949000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	16928000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	21794000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	30856000	usd
CY2023Q2	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	1600000	usd
	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	2100000	usd
CY2022Q2	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	5300000	usd
	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	9500000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	89500000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P3Y
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	177168	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	174569	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	41307	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3125775	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3164483	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	321070	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	321070	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	142683	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	142683	shares
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	528259000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	603381000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	995847000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1067505000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175484000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175229000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175428000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175200000	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	728000	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1083000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	753000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1125000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176212000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176312000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176181000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176325000	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.01
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.44
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.68
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.09
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.00
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.42
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.65
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.05
CY2023Q2	us-gaap	Profit Loss ProfitLoss	581165000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	656893000	usd
	us-gaap	Profit Loss ProfitLoss	1101580000	usd
	us-gaap	Profit Loss ProfitLoss	1173188000	usd
CY2023Q2	psa	Deductible For General Liability DeductibleForGeneralLiability	2000000	usd
CY2023Q2	psa	Deductible For Property Loss DeductibleForPropertyLoss	25000000	usd
CY2023Q2	psa	Reduced Deductible For Property Loss ReducedDeductibleForPropertyLoss	5000000	usd
CY2023Q2	psa	Aggregate Loss Threshold For Reduced Deductible For Property Loss AggregateLossThresholdForReducedDeductibleForPropertyLoss	35000000	usd
CY2023Q2	psa	Minimum Loss Per Occurrence To Reach Aggregate Loss Threshold For Reduced Deductible For Property Loss MinimumLossPerOccurrenceToReachAggregateLossThresholdForReducedDeductibleForPropertyLoss	5000000	usd
CY2023Q2	psa	Aggregate Limit Property Loss Coverage AggregateLimitPropertyLossCoverage	75000000	usd
CY2023Q2	psa	Aggregate Limit General Liability Coverage AggregateLimitGeneralLiabilityCoverage	102000000	usd
CY2023Q2	psa	Tenant Individual Insurance Limit Maximum TenantIndividualInsuranceLimitMaximum	5000	usd
CY2023Q2	psa	Third Party Insurance Coverage For Claims Paid Exceeding Amount For Individual Event ThirdPartyInsuranceCoverageForClaimsPaidExceedingAmountForIndividualEvent	15000000	usd
CY2023Q2	psa	Third Party Insurance Coverage For Claims Paid For Individual Event Limit ThirdPartyInsuranceCoverageForClaimsPaidForIndividualEventLimit	5000000	usd
CY2023Q2	psa	Tenant Certificate Holders Participating Individual Insurance Program TenantCertificateHoldersParticipatingIndividualInsuranceProgram	1300000	certificate
CY2023Q2	psa	Aggregate Coverage Of Tenants Participating AggregateCoverageOfTenantsParticipating	6000000000	usd
CY2023Q2	us-gaap	Contractual Obligation ContractualObligation	244600000	usd
CY2023Q2	us-gaap	Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear	128200000	usd
CY2023Q2	us-gaap	Contractual Obligation Due In Next Twelve Months ContractualObligationDueInNextTwelveMonths	114200000	usd
CY2023Q2	us-gaap	Contractual Obligation Due In Second Year ContractualObligationDueInSecondYear	2200000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	61800000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1400000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	3100000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	3000000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	3000000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2100000	usd
CY2023Q2	psa	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	49200000	usd

Files In Submission

Name	View Source	Status
0001393311-23-000080-index-headers.html	Edgar Link	pending
0001393311-23-000080-index.html	Edgar Link	pending
0001393311-23-000080.txt	Edgar Link	pending
0001393311-23-000080-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
psa-20230630.htm	Edgar Link	pending
psa-20230630.xsd	Edgar Link	pending
psa-63023xex31_1.htm	Edgar Link	pending
psa-63023xex31_2.htm	Edgar Link	pending
psa-63023xex32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
psa-20230630_def.xml	Edgar Link	unprocessable
psa-20230630_lab.xml	Edgar Link	unprocessable
psa-20230630_pre.xml	Edgar Link	unprocessable
psa-20230630_htm.xml	Edgar Link	completed
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
psa-20230630_cal.xml	Edgar Link	unprocessable

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$PSA
Public Storage Stock $psa

2023 Q3 Form 10-Q Financial Statement

#000139331123000080 Filed on August 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA Public Storage Stock $psa

2023 Q3 Form 10-Q Financial Statement

#000139331123000080 Filed on August 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA
Public Storage Stock $psa