Company: PLDGP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000950170-25-021272
Chunk: 371

Company: Prologis, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 371
---
     
    -

    -

    -

    64,070

    -

    -

    (64,070
    )

    -

    Dividends ($3.84 per common share)      and other distributions
     
    -

    -

    -

    268

    -

    (3,570,480
    )

    (295,701
    )

    (3,865,913
    )

    Balance at December 31, 2024
    $
    63,948

    926,283

    $
    9,263

    $
    54,464,055

    $
    (120,215
    )
     
    $
    (465,913
    )
     
    $
    4,665,632

    $
    58,616,770

The accompanying notes are an integral part of these Consolidated Financial Statements.

58

PROLOGIS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

    Years Ended December 31,

    2024

    2023

    2022

    Operating activities:

    Consolidated net earnings
     
    $
    3,947,935

    $
    3,253,145

    $
    3,555,398

    Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:

    Straight-lined rents and amortization of above and below market leases

    (644,606
    )

    (613,005
    )

    (267,709
    )

    Equity-based compensation awards

    231,747

    267,648

    175,356

    Depreciation and amortization

    2,580,519

    2,484,891

    1,812,777

    Earnings from unconsolidated entities, net

    (353,623
    )

    (307,227
    )

    (310,872
    )

    Operating distributions from unconsolidated entities

    562,475

    680,192

    410,483

    Decrease (increase) in operating receivables from unconsolidated entities

    20,532

    (82,375
    )

    (63,947
    )

    Amortization of debt discounts and debt issuance costs, net

    78