Company: PLDGP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000950170-25-021272
Chunk: 355

Company: Prologis, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 355
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 earnings attributable to common stockholders to FFO measures:

    Net earnings attributable to common stockholders
     
    $
    3,726

    $
    3,053

    Add (deduct) NAREIT defined adjustments:

    Real estate related depreciation and amortization

    2,504

    2,434

    Gains on other dispositions of investments in real estate, net of taxes (excluding development      properties and land)

    (899
    )

    (158
    )

    Adjustments related to noncontrolling interests

    (31
    )

    (38
    )

    Our proportionate share of adjustments related to unconsolidated entities

    495

    455

    NAREIT defined FFO attributable to common stockholders/unitholders

    5,795

    5,746

    Add (deduct) our modified adjustments:

    Unrealized foreign currency, derivative and other losses (gains), net

    (68
    )

    18

    Deferred income tax expense (benefit)

    21

    18

    Current income tax benefit on dispositions related to acquired tax liabilities

    -

    (11
    )

    Our proportionate share of adjustments related to unconsolidated entities

    (7
    )

    (11
    )

    FFO, as modified by Prologis attributable to common stockholders/unitholders

    5,741

    5,760

    Adjustments to arrive at Core FFO:

    Gains on dispositions of development properties and land, net

    (414
    )

    (462
    )

    Current income tax expense on dispositions

    25

    36

    Losses (gains) on early extinguishment of debt, net

    (1
    )

    (3
    )

    Adjustments related to noncontrolling interests

    6

    9

    Our proportionate share of adjustments related to unconsolidated entities

    (52
    )

    (6
    )

    Core FFO attributable to common stockholders/unitholders
     
    $
    5,305

    $
    5,334