DUKE REALTY CORPORATION DRE Balance Sheet

Duke realty corporation (DRE)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Real Estate Assets
8,100	7,993	7,691	7,669	7,428	7,248	6,943	6,785	6,608	6,593	6,091	5,500	6,592	5,144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Land and improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,494	1,514	1,423	1,391	1,371	1,395	1,383	1,412	1,477	1,460	1,457	1,438	1,443	1,406	1,278	1,284	1,239	1,234	1,209	1,202	1,307	1,276	1,227	1,166	1,220	1,103	1,106
Buildings and tenant Improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,919	5,008	4,777	4,740	4,758	4,805	4,815	4,986	5,640	5,610	5,605	5,531	5,720	5,651	5,326	5,398	5,016	4,925	4,868	4,766	5,601	5,525	5,453	5,396	5,680	5,215	5,284
Construction in progress
655	550	469	423	482	477	515	496	441	401	441	469	441	303	290	213	352	321	337	216	194	246	384	367	277	256	197	266	303	234	219	165	80	44	41	70	93	61	86	79	103
Investments in and advances to unconsolidated joint ventures
132	133	110	113	116	110	107	108	121	126	135	132	192	197	261	289	277	268	276	284	341	293	316	334	336	342	328	327	331	372	367	368	361	364	368	365	360	367	357	518	501
Undeveloped land
311	254	307	368	379	360	314	226	259	226	167	189	217	237	316	307	344	383	435	474	473	499	542	541	570	590	580	599	607	614	613	622	622	622	622	617	627	625	638	643	660
Real estate investment property, at cost, total
9,200	8,931	8,579	8,575	8,407	8,197	7,880	7,617	7,431	7,348	6,835	6,292	7,443	5,883	7,282	7,334	7,176	7,105	7,179	7,177	7,210	7,438	8,361	8,314	8,247	8,159	8,270	8,250	7,847	7,904	7,456	7,315	7,142	7,001	7,941	7,855	7,763	7,616	7,984	7,560	7,655
Accumulated depreciation
1,538	1,480	1,427	1,427	1,380	1,344	1,294	1,251	1,238	1,193	1,159	1,122	1,325	1,042	1,282	1,290	1,234	1,192	1,202	1,178	1,176	1,235	1,464	1,430	1,419	1,368	1,384	1,359	1,319	1,296	1,246	1,199	1,151	1,108	1,413	1,381	1,334	1,290	1,394	1,357	1,311
Net real estate investments
7,661	7,451	7,152	7,148	7,026	6,852	6,586	6,366	6,192	6,154	5,676	5,169	6,117	4,840	6,000	6,044	5,941	5,912	5,977	5,998	6,033	6,203	6,896	6,884	6,828	6,791	6,885	6,891	6,528	6,607	6,209	6,116	5,991	5,892	6,528	6,473	6,428	6,326	6,589	6,202	6,343
Disposal Group, Including Discontinued Operation, Assets
0	18	23	20	1	1	53	0	21	17	63	213	81	1,324	18	3	64	45	8	72	840	725	35	29	34	57	57	57	105	30	0	11	19	55	21	-	-	394	-	-	0
Cash and cash equivalents
187	110	121	8	15	17	133	86	160	67	27	76	13	12	110	91	15	22	175	20	17	17	66	21	19	19	24	21	307	33	113	106	14	213	16	117	167	18	20	256	147
Accounts receivable
18	20	20	21	14	14	19	19	21	19	20	23	19	15	26	21	20	18	20	22	28	26	32	33	34	26	20	21	21	22	29	19	24	22	21	24	27	22	26	19	20
Straight-line rent receivable
131	129	123	120	115	109	102	96	97	93	91	86	116	82	118	120	118	116	116	111	110	109	131	128	126	118	124	124	121	120	117	112	111	105	140	136	132	125	138	136	131
Receivables on construction contracts, including retentions
30	25	24	22	24	41	33	13	16	13	10	9	5	6	8	13	16	16	24	14	44	36	30	37	27	19	28	30	27	39	36	32	33	40	44	48	37	7	19	55	18
Deferred financing costs, net of accumulated amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	32	36	38	28	30	33	36	38	40	41	40	42	41	39	42	39	42	44	46	46	49	54
Deferred leasing and other costs, net of accumulated amortization
315	320	315	316	308	313	305	313	297	292	279	263	338	258	335	345	339	346	359	370	374	387	441	451	457	466	498	521	480	497	465	460	469	460	497	497	500	517	500	355	371
Restricted cash held in escrow for like kind exchange
0	1	119	-	-	0	127	146	59	116	512	839	-	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable from property sales
0	110	127	142	237	272	276	276	386	426	426	423	-	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other escrow deposits and other assets
228	232	234	213	218	180	186	184	173	186	189	211	266	165	244	225	380	416	425	472	243	209	222	243	204	217	209	176	169	167	176	166	168	170	194	186	189	185	217	226	216
Total Assets
8,574	8,420	8,262	8,014	7,962	7,804	7,824	7,502	7,427	7,388	7,297	7,317	6,958	6,772	6,862	6,865	6,896	6,895	7,139	7,114	7,730	7,754	7,884	7,862	7,767	7,752	7,886	7,883	7,802	7,560	7,190	7,068	6,872	7,004	7,504	7,527	7,527	7,644	7,559	7,301	7,304
LIABILITIES AND EQUITY
Secured debt, net of deferred financing costs
51	34	34	36	36	79	80	305	310	311	312	337	366	383	385	389	722	738	764	778	877	942	1,003	1,008	1,077	1,100	1,158	1,241	1,151	1,167	1,096	1,101	1,180	1,173	1,184	1,187	1,147	1,065	1,069	788	785
Unsecured debt, net of deferred financing costs
2,895	2,880	2,732	2,550	2,549	2,548	2,553	2,111	2,111	2,111	1,814	1,942	2,477	2,476	2,605	2,808	2,510	2,510	2,681	2,681	3,113	3,364	3,064	3,065	3,065	3,066	3,066	3,067	3,242	2,993	3,043	2,915	2,615	2,616	2,783	2,906	2,906	2,948	2,948	2,929	3,052
Long-term Line of Credit
200	0	0	252	240	30	-	-	75	0	5	0	237	48	0	0	148	71	0	0	453	106	140	60	180	88	210	88	0	285	0	20	20	20	304	18	18	193	97	16	15
Long-term debt, total
3,146	2,914	2,767	2,838	2,826	2,658	2,634	2,417	2,496	2,422	2,131	2,280	3,080	2,908	2,991	3,197	3,381	3,320	3,446	3,460	4,444	4,412	4,208	4,133	4,323	4,254	4,435	4,396	4,394	4,446	4,140	4,036	3,816	3,809	4,272	4,111	4,071	4,207	4,115	3,734	3,854
Disposal Group, Including Discontinued Operation, Liabilities
0	0	2	0	0	0	0	0	1	1	2	9	2	56	0	0	1	0	0	3	65	59	0	0	0	2	2	0	1	0	0	0	0	0	0	-	-	14	-	-	0
Construction payables and amounts due subcontractors, including retentions
89	68	70	67	76	92	100	93	53	54	70	73	67	44	51	46	55	54	66	63	46	69	93	101	72	69	78	87	81	84	80	60	51	55	66	67	69	44	38	73	43
Accrued real estate taxes
67	69	85	76	67	73	89	75	71	67	83	65	69	59	93	78	71	71	91	73	70	76	103	84	77	74	104	86	78	74	102	85	76	69	123	102	88	83	126	90	84
Accrued interest
29	14	28	22	26	16	27	17	27	17	24	13	28	23	30	31	30	34	31	37	34	55	34	56	36	52	36	58	41	59	36	59	33	58	35	62	36	62	36	60	62
Other accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	34	31	61	42	41	38	62	45	61	52	67	40	44	33	104	41	37	29	60	42	38	34	61	47	35	48
Other liabilities
171	223	242	263	238	205	208	147	152	210	195	173	168	153	103	94	99	106	110	105	98	95	121	122	138	142	130	123	123	121	122	125	132	131	128	136	144	129	130	188	198
Tenant security deposits and prepaid rents
43	48	44	43	45	45	38	41	44	39	36	38	43	33	41	41	36	40	39	36	38	44	48	49	50	44	45	42	43	42	40	42	46	38	59	53	56	50	40	38	44
Total Liabilities
3,547	3,340	3,241	3,312	3,281	3,090	3,099	2,793	2,846	2,813	2,544	2,654	3,460	3,278	3,353	3,524	3,706	3,690	3,828	3,822	4,836	4,874	4,654	4,610	4,750	4,707	4,873	4,841	4,797	4,933	4,565	4,448	4,186	4,224	4,729	4,572	4,501	4,654	4,535	4,220	4,336
Equity
Preferred Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	332	428	428	447	447	447	447	625	625	625	625	793	793	902	902	904	907	960	1,016
Common shares
3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	2	2	2	2	2	2	2	2	2	2	2	2
Additional paid-in capital
5,533	5,525	5,472	5,290	5,250	5,244	5,240	5,209	5,204	5,205	5,195	5,196	5,191	5,192	5,187	5,068	4,965	4,961	4,959	4,953	4,952	4,944	4,891	4,820	4,649	4,620	4,601	4,567	4,536	3,953	3,871	3,783	3,780	3,594	3,591	3,582	3,579	3,573	3,571	3,569	3,267
Accumulated Other Comprehensive Loss
-34	-35	-42	-28	-14	-4	-	-	-	0	0	0	0	0	0	1	1	1	2	2	2	3	3	3	3	4	3	3	3	2	2	1	1	0	0	0	-0	-1	-2	-2	-5
Distributions in excess of net income
543	475	476	624	618	585	571	552	674	676	488	585	1,728	1,730	1,710	1,758	1,804	1,785	1,677	1,694	2,084	2,090	2,029	2,031	2,100	2,062	2,076	2,014	2,020	1,993	1,912	1,833	1,758	1,677	1,678	1,602	1,529	1,533	1,499	1,490	1,355
Total shareholders' equity
4,959	5,018	4,957	4,640	4,621	4,658	4,672	4,660	4,533	4,532	4,710	4,614	3,467	3,465	3,481	3,314	3,165	3,181	3,287	3,264	2,873	2,860	3,202	3,224	2,985	3,013	2,979	3,008	2,970	2,591	2,588	2,580	2,651	2,714	2,709	2,885	2,954	2,945	2,979	3,039	2,925
Noncontrolling interests
67	62	63	61	59	55	52	48	47	41	42	49	30	27	27	25	24	22	24	27	20	19	27	26	30	31	33	34	34	34	36	38	33	64	65	69	71	44	44	41	42
Total Equity
5,027	5,080	5,021	4,702	4,681	4,713	4,724	4,708	4,581	4,574	4,753	4,663	3,497	3,493	3,508	3,340	3,190	3,204	3,311	3,291	2,894	2,879	3,229	3,251	3,016	3,044	3,012	3,042	3,004	2,626	2,625	2,619	2,685	2,779	2,774	2,954	3,025	2,989	3,024	3,081	2,967
Total Liabilities and Equity
8,574	8,420	8,262	8,014	7,962	7,804	7,824	7,502	7,427	7,388	7,297	7,317	6,958	6,772	6,862	6,865	6,896	6,895	7,139	7,114	7,730	7,754	7,884	7,862	7,767	7,752	7,886	7,883	7,802	7,560	7,190	7,068	6,872	7,004	7,504	7,527	7,527	7,644	7,559	7,301	7,304
Duke Realty Limited Partnership [Member]
Real Estate Assets
8,100	7,993	7,691	7,669	7,428	7,248	6,943	6,785	6,608	6,593	6,091	5,500	6,592	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction in progress
655	550	469	423	482	477	515	496	441	401	441	469	441	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in and advances to unconsolidated joint ventures
132	133	110	113	116	110	107	108	121	126	135	132	192	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Undeveloped land
311	254	307	368	379	360	314	226	259	226	167	189	217	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate investment property, at cost, total
9,200	8,931	8,579	8,575	8,407	8,197	7,880	7,617	7,431	7,348	6,835	6,292	7,443	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated depreciation
1,538	1,480	1,427	1,427	1,380	1,344	1,294	1,251	1,238	1,193	1,159	1,122	1,325	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net real estate investments
7,661	7,451	7,152	7,148	7,026	6,852	6,586	6,366	6,192	6,154	5,676	5,169	6,117	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disposal Group, Including Discontinued Operation, Assets
0	18	23	20	1	1	53	0	21	17	63	213	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
187	110	121	8	15	17	133	86	160	67	27	76	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
18	20	20	21	14	14	19	19	21	19	20	23	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Straight-line rent receivable
131	129	123	120	115	109	102	96	97	93	91	86	116	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables on construction contracts, including retentions
30	25	24	22	24	41	33	13	16	13	10	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred leasing and other costs, net of accumulated amortization
315	320	315	316	308	313	305	313	297	292	279	263	338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables on construction contracts, including retentions
-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash held in escrow for like kind exchange
0	1	119	-	-	0	127	146	59	116	512	839	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable from property sales
0	110	127	142	237	272	276	276	386	426	426	423	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other escrow deposits and other assets
228	232	234	213	218	180	186	184	173	186	189	211	266	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets
8,574	8,420	8,262	8,014	7,962	7,804	7,824	7,502	7,427	7,388	7,297	7,317	6,958	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Secured debt, net of deferred financing costs
51	34	34	36	36	79	80	305	310	311	312	337	366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured debt, net of deferred financing costs
2,895	2,880	2,732	2,550	2,549	2,548	2,553	2,111	2,111	2,111	1,814	1,942	2,477	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term Line of Credit
200	0	0	252	240	30	-	-	75	0	5	0	237	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt, total
3,146	2,914	2,767	2,838	2,826	2,658	2,634	2,417	2,496	2,422	2,131	2,280	3,080	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disposal Group, Including Discontinued Operation, Liabilities
0	0	2	0	0	0	0	0	1	1	2	9	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction payables and amounts due subcontractors, including retentions
89	68	70	67	76	92	100	93	53	54	70	73	67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued real estate taxes
67	69	85	76	67	73	89	75	71	67	83	65	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest
29	14	28	22	26	16	27	17	27	17	24	13	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
171	223	242	263	238	205	208	147	152	210	195	173	168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant security deposits and prepaid rents
43	48	44	43	45	45	38	41	44	39	36	38	43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities
3,547	3,340	3,241	3,312	3,281	3,090	3,099	2,793	2,846	2,813	2,544	2,654	3,460	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common equity
4,994	5,053	5,000	4,669	4,635	4,662	4,672	4,660	4,533	4,532	4,710	4,614	3,466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited Partners' common equity
62	57	58	56	54	50	48	47	46	40	41	40	27	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General Partners' equity
-	-	-	-	-	-	-	-	-	-	-	-	3,466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Loss
-34	-35	-42	-28	-14	-4	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total partners' equity
5,022	5,075	5,016	4,697	4,676	4,708	4,720	4,707	4,580	4,573	4,752	4,654	3,495	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests
4	4	4	4	4	4	4	0	0	0	0	8	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Equity
5,027	5,080	5,021	4,702	4,681	4,713	4,724	4,708	4,581	4,574	4,753	4,663	3,497	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities and Equity
8,574	8,420	8,262	8,014	7,962	7,804	7,824	7,502	7,427	7,388	7,297	7,317	6,958	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsecured Debt [Member]
Long-term debt, total
-	-	-	-	-	2,575	-	-	-	2,132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-