Tables

Tables in the 10-K of Prologis, Inc.

105 tables with numbers, filed Feb 13, 2024. Each one downloads as an Excel file or a CSV (numbers are stored as numbers), with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

	Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
Prologis, Inc.	Common Stock, $0.01 par value	PLD	New York Stock Exchange
Prologis, L.P.	3.000% Notes due 2026	PLD/26	New York Stock Exchange
Prologis, L.P.	2.250% Notes due 2029	PLD/29	New York Stock Exchange

	TABLE OF CONTENTS
Item	Description	Page
	PART I
1.	Business	3
	The Company	3
	Operating Segments	5
	Future Growth	6
	Code of Ethics and Business Conduct	11

	Consolidated - Real Estate Segment		Owned and Managed
Top Customers	% of NER	Total Occupied Square Feet		Top Customers	% of NER	Total Occupied Square Feet
1. Amazon	6.4	34		1. Amazon	5.0	43
2. Home Depot	2.2	15		2. Home Depot	1.5	17
3. FedEx	1.9	8		3. FedEx	1.4	11
4. UPS	1.0	6		4. Geodis	1.3	17
5. Geodis	0.9	6		5. DHL	1.2	13
6. Wal-Mart	0.8	6		6. CEVA Logistics	0.9	13

Geographies
U.S. (1)	1,538
Other Americas	173
Europe	605
Asia	258
Total	2,574

	Consolidated Operating Properties		O&M
Geographies	Rentable Square Footage		Gross Book Value			Encumbrances (1)		Rentable Square Footage		Gross Book Value
U.S.:
Atlanta		46		$3,876			$-		52			$4,358
Baltimore/Washington D.C.		14			2,143			-			18		2,549
Central PA		18			1,545			-			20		1,783
Central Valley		21			1,824			-			23		1,969
Chicago		56			5,193			-			72		6,747

	Consolidated – Investment in Land		Consolidated – Development Portfolio
Geographies	Acres		Estimated Build Out Potential (square feet) (5)		Current Investment		Rentable Square Footage Upon Completion	TEI (6)
U.S.:
Atlanta		510		5		$67		1		$87
Baltimore/Washington D.C.		96		1			57	*			124
Central PA		-		-			-		-			-
Central Valley		805		14			196		1			63
Chicago		84		1			24		1			184

	Investment Before Depreciation
Operating properties, excluding assets held for sale or contribution	$75,436
Development portfolio, including cost of land		4,367
Land		3,776
Other real estate investments (1)		5,088
Total consolidated real estate properties	$88,667

			NER
	Occupied Square Feet		Dollars			% of Total		Dollars Per Square Foot
2024 (1)		62		$416			8.5%		$6.71
2025		80			551			11.3%		6.89
2026		92			670			13.7%		7.28
2027		95			749			15.3%		7.88
2028		81			734			15.0%		9.06
2029		58			511			10.4%		8.81

	Operating Properties
	Square Feet		Gross Book Value		Investment in Land		Development Portfolio – TEI
Consolidated Co-Investment Venture
U.S.:
Prologis U.S. Logistics Venture (“USLV”)		78		$8,167		$4		$-
Total		78		$8,167		$4		$-
Unconsolidated Co-Investment Ventures
U.S.:

	Aggregate Principal		Issuance Date Weighted Average
Issuance Date	Borrowing Currency		USD (1)		Interest Rate		Years			Maturity Dates
January	€	1,250		$1,354		4.1%			13.8			January 2030 – 2043
March	$1,200		$1,200		4.9%			17.7			June 2033 – 2053
May	€	750		$809		4.6%			10.0			May 2033
June	$2,000		$2,000		5.1%			13.2			June 2028 – 2053
Total			$5,363		4.7%			13.9

	2023		2022
Real estate segment:
Rental revenues	$6,819		$4,913
Development management and other revenues		5		21
Rental expenses		(1,625)		(1,206)
Other expenses		(54)		(40)
Real Estate Segment – NOI		5,145		3,688
Strategic capital segment:

	2023		2022
Rental revenues	$6,819		$4,913
Development management and other revenues		5		21
Rental expenses		(1,625)		(1,206)
Other expenses		(54)		(40)
Real Estate Segment – NOI	$5,145		$3,688

	2023		2022
Starts:
Number of new development buildings during the period		55		91
Square feet		13		31
TEI (1)	$3,361		$4,679
Percentage of build-to-suits based on TEI		54.0%		39.1%
Stabilizations:
Number of development buildings stabilized during the period		61		69

	2023		2022
Strategic capital revenues	$1,200		$1,040
Strategic capital expenses		(385)		(304)
Strategic Capital Segment – NOI	$815		$736

	2023		2022
Building and land development activities	$123		$107
Operating building improvements and other		52		45
Total capitalized G&A expenses	$175		$152
Capitalized compensation and related costs as a percent of total		23.8%		22.7%

	2023		2022
	Number of Properties		Square Feet		Percentage Occupied	Number of Properties	Square Feet		Percentage Occupied
Consolidated		2,957		631		97.6%		2,812		595	98.3%
Unconsolidated		2,242		507		97.5%		2,177		488	98.1%
Total		5,199		1,138		97.6%		4,989		1,083	98.2%

	Three Months Ended
	March 31,		June 30,		September 30,	December 31,	Full Year
2023
Rental revenues	$1,634		$1,652		$1,777	$1,756	$6,819
Rental expenses		(413)		(388)		(416)		(408)	(1,625)
Property NOI	$1,221		$1,264		$1,361	$1,348	$5,194
2022
Rental revenues	$1,077		$1,093		$1,152	$1,591	$4,913

	Three Months Ended December 31,
	2023		2022		% Change
Reconciliation of Consolidated Property NOI to Same Store Property NOI measures:
Rental revenues	$1,756		$1,591
Rental expenses		(408)		(375)
Consolidated Property NOI	$1,348		$1,216
Adjustments to derive same store results:
Property NOI from consolidated properties not included in same store portfolio and other adjustments (1)		(501)		(432)

	2023		2022
Gross interest expense	$683		$345
Amortization of debt discount and debt issuance costs, net		75		24
Capitalized amounts		(117)		(60)
Net interest expense	$641		$309
Weighted average effective interest rate during the year		2.8%		1.8%

	2023		2022
Realized foreign currency and derivative gains, net:
Gains on the settlement of undesignated derivatives	$60		$145
Gains on the settlement of transactions with third parties		1		1
Total realized foreign currency and derivative gains, net		61		146
Unrealized foreign currency and derivative gains (losses), net:
Gains (losses) on the change in fair value of undesignated derivatives and unhedged debt		(81)		83
Gains on remeasurement of certain assets and liabilities		10		9

	2023		2022
Current income tax expense (benefit):
Income tax expense	$165		$130
Income tax expense on dispositions		39		13
Income tax benefit on dispositions related to acquired tax liabilities		(11)		(21)
Total current income tax expense		193		122
Deferred income tax expense (benefit):
Income tax expense		18		13

	2023		2022
	Weighted Average Interest Rate		Amount Outstanding			% of Total		Weighted Average Interest Rate	Amount Outstanding		% of Total
British pound sterling		2.1%		$1,300			4.5%		2.1%		$1,228			5.1%
Canadian dollar		5.0%			830			2.9%		4.5%			815		3.4%
Chinese renminbi		3.7%			242			0.8%	-			-		-
Euro		2.0%			10,084			34.8%		1.3%			7,991		33.5%
Japanese yen		1.0%			3,086			10.6%		1.0%			3,308		13.9%
U.S. dollar		4.1%			13,459			46.4%		3.6%			10,534		44.1%

	Equity Commitments (1)
	Prologis		Venture Partners		Total	Expiration Date
Prologis Targeted U.S. Logistics Fund	$250		$361		$611	2024 – 2026 (2)
Prologis Brazil Logistics Venture		45		180		225	2026
Prologis European Logistics Fund		-		51		51	2026 (2)
Prologis Japan Core Logistics Fund		100		516		616	2033
Prologis China Logistics Venture		212		1,200		1,412	2024 – 2028
Total	$607		$2,308		$2,915

	2023	2022
Net cash provided by operating activities	$5,373	$4,126
Net cash used in investing activities	$(6,419)	$(4,499)
Net cash provided by financing activities	$1,320	$116
Net increase (decrease) in cash and cash equivalents, including the effect of foreign currency exchange rates on cash	$252	$(278)

Tables in the 10-K of Prologis, Inc.

Table 1 after “Securities registered pursuant to Section 12(b) of the Act:”

Table 2 after “Table of Contents”

Table 3 after “The following table details our top 25 customers for our consolidated and O&M real estate properties at December 31, 2023 (square feet in mi”

Table 4 after “The following table summarizes our total number of employees at December 31, 2023:”

Table 5 after “Included in the operating property information below for our consolidated operating properties are 542 buildings owned primarily by one co-i”

Table 6 after “Table of Contents”

Table 7 after “The following table summarizes our investment in consolidated real estate properties at December 31, 2023 (in millions):”

Table 8 after “We generally lease our properties on a long-term basis (the average term for leases commenced, including new leases and renewals, in 2023 wa”

Table 9 after “Included in our O&M portfolio are consolidated and unconsolidated co-investment ventures that hold investments in real estate properties, pr”

Table 10 after “We issued senior notes of $5.4 billion (principal in millions):”

Table 11 after “per the Consolidated Financial Statements (in millions):”

Table 12 after “Below are the components of Real Estate Segment NOI, derived directly from line items in the Consolidated Financial Statements (in millions)”

Table 13 after “The following table summarizes consolidated development activity (dollars and square feet in millions):”

Table 14 after “Below are the components of Strategic Capital Segment NOI derived directly from the line items in the Consolidated Financial Statements (in ”

Table 15 after “Below is additional detail of our Strategic Capital Segment revenues, expenses and NOI (in millions):”

Table 16 after “The following table summarizes capitalized G&A (in millions):”

Table 17 after “See below for information on our O&M operating portfolio at December 31 (square feet in millions):”

Table 18 after “We evaluate the results of our same store portfolio on a quarterly basis. The following is a reconciliation of our consolidated rental reven”

Table 19 after “We evaluate the results of our same store portfolio on a quarterly basis. The following is a reconciliation of our consolidated rental reven”

Table 20 after “The following table details our net interest expense (dollars in millions):”

Table 21 after “The following table details our foreign currency and derivative gains, net included in earnings (in millions):”

Table 22 after “The following table summarizes our income tax expense (benefit) (in millions):”

Table 23 after “The following table summarizes information about our consolidated debt by currency at December 31 (dollars in millions):”

Table 24 after “The following table summarizes the remaining equity commitments at December 31, 2023 (in millions):”

Table 25 after “The following table summarizes our cash flow activity (in millions):”

Table 26 after “Our repurchase of and payments on debt and proceeds from the issuance of debt consisted of the following activity (in millions):”

Table 27 after “We had investments in and advances to our unconsolidated co-investment ventures of $8.4 billion at December 31, 2023. The ventures listed be”

Table 28 after “assist investors in compensating for these limitations, we reconcile our modified FFO measures to our net earnings computed under GAAP as fo”

Table 29 after “We are also exposed to the impact of interest rate changes on future earnings and cash flows. To mitigate that risk, we generally borrow wit”

Table 30 after “TO THE CONSOLIDATED FINANCIAL STATEMENTS AND SCHEDULE III”

Table 31 after “(In thousands, except per share data)”

Table 32 after “(In thousands, except per share amounts)”

Table 33 after “)”

Table 34 after “(In thousands)”

Table 35 after “(In thousands)”

Table 36 after “(In thousands)”

Table 37 after “(In thousands, except per unit amounts)”

Table 38 after “(In thousands)”

Table 39 after “(In thousands)”

Table 40 after “(In thousands)”

Table 41 after “The aggregate equity consideration is calculated below (in millions, except price per share):”

Table 42 after “The total purchase price, including transaction costs, was allocated as follows (in millions):”

Table 43 after “Investments in real estate properties consisted of the following at December 31 (dollars and square feet in thousands):”

Table 44 after “Note 3 and energy assets, for the years ended December 31 (dollars and square feet in thousands):”

Table 45 after “The following table summarizes our dispositions of net investments in real estate which include contributions to unconsolidated co-investmen”

Table 46 after “December 31, 2023 (in thousands):”

Table 47 after “December 31, 2023, with amounts discounted at lease commencement by our incremental borrowing rates to calculate the lease liabilities of ou”

Table 48 after “The following table summarizes our investments in and advances to unconsolidated entities at December 31 (in thousands):”

Table 49 after “The following table summarizes our investments in the individual co-investment ventures at December 31 (dollars in thousands):”

Table 50 after “we recognized in the Consolidated Statements of Income related to our unconsolidated co-investment ventures for the years ended December 31 ”

Table 51 after “The following table summarizes the key property information, financial position and operating information of our unconsolidated co-investmen”

Table 52 after “The following table summarizes the key property information, financial position and operating information of our unconsolidated co-investmen”

Table 53 after “Assets held for sale or contribution consisted of the following at December 31 (dollars and square feet in thousands):”

Table 54 after “The following table summarizes our other assets and liabilities, net of amortization and depreciation, if applicable, at December 31 (in tho”

Table 55 after “The following table summarizes the expected future amortization of leasing commissions and forgone rent (included in acquired lease intangib”

Table 56 after “All debt is incurred by the OP or its consolidated subsidiaries. The following table summarizes our debt at December 31 (dollars in thousand”

Table 57 after “We borrow in the functional currencies of the countries where we invest. Included in the outstanding balances at December 31 were borrowings”

Table 58 after “The following table summarizes information about our Credit Facility activity and available liquidity (dollars in millions):”

Table 59 after “The following table summarizes the issuances of senior notes during 2023 (principal in thousands):”

Table 60 after “The following table summarizes our outstanding term loans at December 31 (dollars and borrowing currency in thousands):”

Table 61 after “December 31, 2023 (in thousands):”

Table 62 after “The following table summarizes the components of interest expense for the years ended December 31 (in thousands):”

Table 63 after “The following summarizes the taxability of our common and preferred stock dividends for the years ended December 31:”

Table 64 after “The following table summarizes these entities at December 31 (dollars in thousands):”

Table 65 after “The following table details the assumptions used for each grant based on the year it was granted (dollars in thousands):”

Table 66 after “Index to Item 15”

Table 67 after “December 31, 2023 (units in thousands):”

Table 68 after “The following table summarizes the components of earnings before income taxes for the years ended December 31 (in thousands):”

Table 69 after “The following table summarizes the components of the provision for income taxes for the years ended December 31 (in thousands):”

Table 70 after “The following table summarizes the deferred income tax assets and liabilities at December 31 (in thousands):”

Table 71 after “December 31, 2023, we had NOL carryforwards as follows (in thousands):”

Table 72 after “The computation of our basic and diluted earnings per share and unit for the years ended December 31 was as follows (in thousands, except pe”

Table 73 after “The computation of our basic and diluted earnings per share and unit for the years ended December 31 was as follows (in thousands, except pe”

Table 74 after “:”

Table 75 after “in the Consolidated Balance Sheets at December 31 (in thousands):”

Table 76 after “The following table summarizes the activity of our undesignated foreign currency contracts for the years ended December 31 (in millions, exc”

Table 77 after “in the Consolidated Statements of Income for the years ended December 31 (in millions, except for number of exercised contracts):”

Table 78 after “The following table summarizes the activity of our foreign currency contracts designated as net investment hedges for the years ended Decemb”

Table 79 after “The following table summarizes the activity of our interest rate contracts designated as cash flow hedges for the years ended December 31 (i”

	2023		2022 (1)
Repurchase of and payments on debt (including extinguishment costs)
Regularly scheduled debt principal payments and payments at maturity	$30		$914
Secured mortgage debt		153		328
Senior notes		89		3
Term loans		-		136
Total	$272		$1,381
Proceeds from the issuance of debt

	Total Debt (1)		Weighted Average Interest Rate		Gross Book Value of Real Estate (1)		Ownership %
Prologis Targeted U.S. Logistics Fund	$4,185		4.0%		$13,658		27.3%
FIBRA Prologis		915		4.0%		3,297		45.1%
Prologis European Logistics Fund		5,805		2.8%		18,959		25.1%
Nippon Prologis REIT		2,343		0.7%		6,601		15.1%
Prologis Japan Core Logistics Fund		290		1.0%		491		16.3%
Prologis China Core Logistics Fund		816		4.9%		2,290		15.5%
Prologis China Logistics Venture		534		5.9%		1,215		15.0%

	2023		2022
Reconciliation of net earnings attributable to common stockholders to FFO measures:
Net earnings attributable to common stockholders	$3,053		$3,359
Add (deduct) NAREIT defined adjustments:
Real estate related depreciation and amortization		2,434		1,763
Gains on other dispositions of investments in real estate, net of taxes		(158)		(595)
Reconciling items related to noncontrolling interests		(38)		(13)
Our share of reconciling items included in earnings related to unconsolidated entities		455		363

	2024		2025		2026	2027	Thereafter		Total		Fair Value
Fixed rate debt (1)	$365		$176		$1,463	$1,796	$23,090		$26,890		$24,096
Weighted average interest rate (2)		2.0%		3.2%		3.3%		2.0%		2.9%		2.8%
Variable rate debt
Credit facilities	$-		$-		$355	$624	$-		$979		$979
Secured mortgage debt		-		38		-		-		-		38	38
Senior notes		166		-		-		-		-		166	166
Term loans		-		726		601		-		177		1,504	1,503

	Page Number
Prologis, Inc. and Prologis, L.P.:
Reports of Independent Registered Public Accounting Firm	52
Prologis, Inc.:
Consolidated Balance Sheets	55
Consolidated Statements of Income	56
Consolidated Statements of Comprehensive Income	57
Consolidated Statements of Equity	58

	Years Ended December 31,
	2023		2022		2021
Revenues:
Rental	$6,818,542		$4,913,171		$4,147,994
Strategic capital		1,200,232		1,039,585		590,750
Development management and other		4,695		20,936		20,696
Total revenues		8,023,469		5,973,692		4,759,440
Expenses:

			Common Stock					Accumulated		Distributions
			Number					Additional		Other		in Excess of			Non-
	Preferred		of			Par		Paid-in		Comprehensive		Net			controlling		Total
	Stock		Shares			Value		Capital		Income (Loss)		Earnings			Interests		Equity
Balance at January 1, 2021	$63,948			739,381			$7,394		$35,488,634		$(1,193,739)		$(2,394,690)			$4,353,033		$36,324,580
Consolidated net earnings		-			-			-			-			-			2,939,723		208,867	3,148,590
Effect of equity compensation plans		-			(389)			(4)			38,114			-			-		78,062	116,172
Capital contributions		-			-			-			-			-			-		74,404	74,404

	General Partner		Limited Partners		Non-
	Preferred		Common		Common	Class A Common		controlling
	Units		Amount		Units	Amount		Units	Amount		Units		Amount	Interests	Total
Balance at January 1, 2021		1,279		$63,948		739,381		$31,907,599		12,142		$523,954		8,595	$345,553		$3,483,526	$36,324,580
Consolidated net earnings		-			-		-		2,939,723			-		50,034		-		31,758	127,075	3,148,590
Effect of equity compensation plans		-			-		(389)		38,110			1,286		78,062		-		-	-	116,172
Capital contributions		-			-		-		-			-		-		-		-	74,404	74,404
Redemption of limited partnership units		-			-		835		37,246			(2,105)		(190,482)		-		-	-	(153,236)

Number of Prologis shares and units issued upon conversion of Duke's shares and units at October 3, 2022		184.80
Multiplied by price of Prologis' common stock on September 30, 2022	$101.60
Fair value of Prologis shares and units issued	$18,776

Net investments in real estate	$24,915
Cash and other assets		441
Debt		(4,162)
Intangible liabilities, net of intangible assets (1)		(1,457)
Accounts payable, accrued expenses and other liabilities		(719)
Noncontrolling interests		(2)
Total purchase price, including transaction costs	$19,016