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Income Statement
Balance Sheet
Cash Flow Statement
Segments

Common Size IS
Op Efficiency
Credit Analysis

Prologis, Inc. (PLD)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Operating activities:          
    Consolidated net earnings  3,555.43,148.61,616.61,701.81,823.01,761.01,292.5925.5
    Adjustments to reconcile net earnings to net cash from operating activities:          
        Straight-lined rents and amortization of above and below market leases  -267.7-148.2-126.3-98.4-66.9-81.0-93.6-59.6
        Equity-based compensation awards  175.4113.0109.897.676.176.660.353.7
        Depreciation and amortization  1,812.81,577.91,562.01,139.9947.2879.1931.0880.4
        Earnings from unconsolidated entities, net  -310.9-404.3-297.4-200.2-298.3-248.6-206.3-159.3
        Operating distributions from unconsolidated entities  487.5498.3707.7736.0710.2516.4286.7284.7
        Decrease (increase) in operating receivables from unconsolidated entities  -63.9-14.214.711.6    
        Amortization of debt discounts and debt issuance costs, net  23.78.77.917.012.70.8-15.1-31.8
        Gains on dispositions of development properties and land, net  -597.7-817.0-464.9-467.6-469.8-327.5  
        Gains on other dispositions of investments in real estate, net  -589.4-772.6-252.2-390.2-371.2-855.4  
        Unrealized foreign currency and derivative losses (gains), net  -92.2-173.0160.770.7-120.469.0-8.1-1.0
        Losses on early extinguishment of debt, net  20.2187.5188.316.12.668.4-2.586.3
        Deferred income tax expense  12.61.30.712.21.4-5.0-5.5-5.1
        Increase in accounts receivable and other assets  -71.3-328.5-127.6-108.2-73.037.3-106.3-64.7
        Increase in accounts payable and accrued expenses and other liabilities  109.0176.994.1115.230.136.426.54.4
            Net cash provided by operating activities  4,126.42,996.02,937.02,264.01,803.61,687.21,417.01,116.3
   
Investing activities:          
    Real estate development  -3,118.4-2,639.9-1,920.2-1,795.1-1,953.1-1,606.1  
    Real estate acquisitions  -2,492.1-2,320.4-1,239.0-1,006.0-999.1-442.7-458.5-890.2
    Transaction, net of cash acquired          
    Tenant improvements and lease commissions on previously leased space  -339.2-329.1-221.5-179.3-134.9-153.3-165.9-154.6
    Property improvements  -211.4-169.9-149.5-143.0-93.1-110.6  
    Proceeds from dispositions and contributions of real estate  2,063.64,222.32,281.92,331.6    
    Investments in and advances to unconsolidated entities          
    Return of investment from unconsolidated entities  487.5498.3707.7736.0710.2516.4286.7284.7
    Proceeds from repayment of notes receivable backed by real estate    4.3 34.332.1203.09.9
    Proceeds from the settlement of net investment hedges  59.33.32.423.629.47.579.8129.1
    Payments on the settlement of net investment hedges  -3.5-16.5-9.0-30.4-11.7-5.1 -1.0
        Net cash used in investing activities  -4,499.1-1,990.1-3,074.3-685.4-663.8543.31,252.0-4,789.2
   
Financing activities:          
    Proceeds from issuance of common stock/units   0.72.26.16.932.939.590.3
    Repurchase and retirement of common stock    -34.8     
    Dividends/distributions paid on common and preferred stock/units  -2,494.7-1,872.9-1,723.0-1,345.7-1,123.4-942.9-893.5-804.7
    Noncontrolling interests contributions  13.374.4917.111.6170.1240.92.22,355.4
    Noncontrolling interests distributions  -270.1-375.1-361.6-164.4-224.9-207.8-343.6-215.7
    Settlement of noncontrolling interests  -89.0-153.2-117.0-109.8-75.9-813.8-3.1-2.6
    Redemption of common limited partnership units          
    Tax paid with shares withheld  -27.7-19.9-24.9-22.4-26.5-19.8-8.6-12.3
    Tax paid for shares of the Parent withheld          
    Debt and equity issuance costs paid  -45.7-23.3-54.2-17.7-17.4-7.1-20.1-32.0
    Net proceeds from (payments on) credit facilities  4,410.73,921.07,813.64,104.54,225.12,703.11,403.35,373.9
    Repurchase of and payments on debt  -1,381.0-2,560.2-6,782.3-3,301.8-4,166.1-3,578.9  
    Proceeds from the issuance of debt  4,410.73,921.07,813.64,104.54,225.12,703.11,403.35,373.9
        Net cash provided by (used in) financing activities  115.8-1,008.3-372.2-839.6-1,232.1-2,606.6-2,125.53,595.9
Effect of foreign currency exchange rate changes on cash  -20.8-39.618.7     

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