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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
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Credit Analysis

Prologis, Inc. (PLD)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Operating activities:          
    Consolidated net earnings  3,555.44,236.23,964.73,968.63,148.62,155.71,690.51,495.2
    Adjustments to reconcile net earnings to net cash from operating activities:          
        Straight-lined rents and amortization of above and below market leases  -232.4-112.9 -149.0-148.2-37.7-146.3-139.2
        Equity-based compensation awards  138.4131.7 119.9113.0107.9108.5112.6
        Depreciation and amortization  1,812.81,597.21,586.61,577.01,577.91,598.21,608.11,613.6
        Earnings from unconsolidated entities, net  -310.9-414.5-421.3-414.2-404.3-311.8-294.0-275.7
        Operating distributions from unconsolidated entities  368.0391.9 454.7498.3882.1626.3614.6
        Decrease (increase) in operating receivables from unconsolidated entities  -29.819.9 -15.0-9.94.3  
        Amortization of debt discounts and debt issuance costs, net  21.46.6 8.58.78.98.68.8
        Gains on dispositions of development properties and land, net  -597.7-817.0-772.0-853.6-817.0-81.6-576.8-475.8
        Gains on other dispositions of investments in real estate, net  -589.4-772.6 -1,340.8-772.6-67.8-320.6-237.3
        Unrealized foreign currency and derivative losses (gains), net  29.5-140.5 -124.6-173.0-48.3120.3188.7
        Losses on early extinguishment of debt, net  20.2 18.918.2   333.0
        Deferred income tax expense  2.64.9 7.71.317.413.8-1.1
        Increase in accounts receivable and other assets  -63.546.3 -289.2-328.5-318.1-201.3-164.9
        Increase in accounts payable and accrued expenses and other liabilities  116.087.3 91.8176.9250.264.5198.8
            Net cash provided by operating activities  4,292.43,730.83,341.63,020.92,996.02,883.63,047.63,074.6
   
Investing activities:          
    Real estate development  -2,296.0-2,279.0 -2,857.1-2,639.9-2,189.5-1,939.9-1,899.6
    Real estate acquisitions  -1,074.0-1,937.7 -2,545.3-2,320.4-1,735.2-1,509.2-1,026.4
    Transaction, net of cash acquired          
    Tenant improvements and lease commissions on previously leased space  -248.8-238.6 -342.9-329.1-79.3-284.6-253.2
    Property improvements  -173.8-132.4 -180.1-169.9-58.1-139.2-143.9
    Proceeds from dispositions and contributions of real estate   -158.3 1,495.3 1,324.94,839.1 
    Investments in and advances to unconsolidated entities          
    Return of investment from unconsolidated entities  368.0391.9 454.7498.3882.1626.3614.6
    Proceeds from the settlement of net investment hedges   -22.8 3.7    
    Payments on the settlement of net investment hedges  -3.5  -14.8 -18.3-10.0-5.9
        Net cash used in investing activities  -2,256.6-2,062.5 -1,599.5-1,990.1-1,391.1-1,339.2-1,172.3
   
Financing activities:          
    Proceeds from issuance of common stock/units        1.12.1
    Dividends/distributions paid on common and preferred stock/units  -1,907.0-1,643.5 -1,992.2-1,872.9-1,835.0-1,797.4-1,760.2
    Noncontrolling interests contributions  2.668.3 74.774.47.54.50.2
    Noncontrolling interests distributions  -233.4-338.3 -456.9-375.1-53.0-278.9-277.3
    Settlement of noncontrolling interests  -65.3-43.8 -148.1-153.2-143.4-179.8-131.5
    Redemption of common limited partnership units          
    Tax paid with shares withheld  -26.3-25.5 -25.5-19.9-20.1-19.2-19.1
    Tax paid for shares of the Parent withheld          
    Debt and equity issuance costs paid  -25.6-13.2 -19.7-23.3-24.5-33.7-34.7
    Net proceeds from (payments on) credit facilities  3,839.64,750.3 5,877.86,066.18,164.07,028.89,968.5
    Repurchase of and payments on debt  -962.9-2,142.1 -961.2-2,560.2-626.0-4,277.1-4,649.2
    Proceeds from the issuance of debt  3,839.64,750.3 5,877.86,066.18,164.07,028.89,968.5
        Net cash provided by (used in) financing activities  129.3851.3 -173.5-1,008.3-1,825.0-1,641.5-2,014.9
Effect of foreign currency exchange rate changes on cash  13.2-5.6  -39.60.0  

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