Public storage (PSA)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
ASSETS
Cash and equivalents

718

409

541

360

217

361

432

338

363

433

694

358

120

183

57

260

305

104

35

20

152

187

98

387

101

19

56

410

398

17

535

438

620

139

160

144

145

456

513

474

719

763

670

584

680

Real estate facilities, at cost:
Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102

102

94

95

0

-

-

-

Land

4,267

4,186

4,152

4,116

4,080

4,047

4,027

3,993

3,959

3,947

3,851

3,809

3,807

3,781

3,712

3,686

3,613

3,564

3,533

3,517

3,488

3,476

3,421

3,337

3,327

3,321

3,001

2,867

2,864

2,863

2,852

2,840

2,823

2,811

2,809

2,795

2,793

2,789

2,785

2,776

2,717

2,717

2,715

2,716

2,716

Buildings

12,281

12,102

11,878

11,665

11,457

11,248

11,108

10,951

10,806

10,718

10,518

10,349

10,293

10,181

9,973

9,884

9,719

9,640

9,559

9,502

9,431

9,386

9,243

9,056

9,012

8,965

8,532

8,238

8,188

8,170

8,128

8,071

8,008

7,966

7,936

7,887

7,835

7,798

7,773

7,725

7,578

7,575

7,551

7,534

7,490

Real estate facilities, gross

16,548

16,289

16,031

15,781

15,537

15,296

15,135

14,944

14,766

14,665

14,369

14,159

14,100

13,963

13,686

13,570

13,332

13,205

13,092

13,020

12,919

12,863

12,665

12,394

12,339

12,286

11,533

11,106

11,053

11,033

10,980

10,912

10,832

10,777

10,746

10,683

10,628

10,587

10,558

10,502

10,295

10,292

10,267

10,250

10,207

Accumulated depreciation

6,751

6,623

6,496

6,375

6,255

6,140

6,041

5,923

5,811

5,700

5,585

5,482

5,376

5,270

5,166

5,064

4,964

4,866

4,767

4,668

4,574

4,482

4,384

4,287

4,192

4,098

4,004

3,913

3,825

3,738

3,650

3,568

3,483

3,398

3,312

3,227

3,142

3,061

2,975

2,889

2,816

2,734

2,650

2,568

2,405

Real estate facilities, net

9,797

9,665

9,534

9,406

9,281

9,156

9,094

9,020

8,955

8,965

8,784

8,677

8,724

8,692

8,519

8,506

8,367

8,338

8,325

8,351

8,345

8,380

8,280

8,106

8,147

8,187

7,528

7,192

7,228

7,295

-

-

-

-

7,433

7,455

7,486

7,525

7,583

7,612

7,479

7,558

7,616

7,682

7,801

Construction in process

161

141

184

191

213

285

253

234

279

264

221

282

205

230

261

228

275

219

174

145

135

104

72

60

37

52

46

74

64

36

-

-

-

-

4

8

7

6

8

6

8

3

17

12

20

Total real estate facilities

9,959

9,807

9,718

9,598

9,495

9,442

9,348

9,254

9,235

9,230

9,006

8,959

8,929

8,922

8,780

8,734

8,642

8,557

8,500

8,496

8,481

8,485

8,352

8,167

8,184

8,239

7,574

7,267

7,292

7,331

7,330

7,343

7,349

7,379

7,437

7,464

7,493

7,532

7,592

7,618

7,487

7,562

7,633

7,695

7,821

Investments in unconsolidated real estate entities

763

767

771

778

784

783

619

762

746

724

726

715

698

689

697

696

812

809

806

808

792

813

837

854

858

856

766

717

717

735

716

703

723

714

716

733

617

601

607

586

601

612

613

562

544

Goodwill and other intangible assets, net

209

205

211

210

210

209

209

207

210

214

205

207

209

212

212

213

212

211

212

216

221

228

229

225

232

246

217

205

207

209

210

212

211

209

211

-

-

216

-

-

-

-

-

-

-

Other assets

175

174

171

165

166

131

138

129

130

130

133

125

125

122

118

93

90

95

99

92

124

103

106

103

96

86

114

88

88

88

95

89

87

87

93

91

97

90

100

93

101

92

104

95

109

Goodwill, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174

174

-

174

174

174

174

174

174

174

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

35

-

45

50

37

38

39

40

52

Loan receivable from Shurgard Europe

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207

209

428

420

404

398

410

399

391

414

402

466

630

871

495

515

477

527

561

571

550

552

Total assets

11,825

11,365

11,413

11,113

10,875

10,928

10,747

10,692

10,685

10,732

10,765

10,365

10,083

10,130

9,865

9,997

10,064

9,778

9,654

9,634

9,772

9,818

9,624

9,946

9,682

9,876

9,149

9,094

9,101

8,793

9,288

9,178

9,406

8,932

9,085

9,272

9,435

9,495

9,651

9,569

9,744

9,805

9,809

9,703

9,936

LIABILITIES AND EQUITY
Notes payable

2,438

1,902

1,892

1,908

1,406

1,412

1,417

1,420

1,442

1,431

1,425

-

-

390

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior unsecured notes

-

-

-

-

-

-

-

-

-

-

-

390

365

-

383

379

274

263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on bank credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

-

-

-

-

50

-

-

-

133

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

322

372

700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage notes

-

-

-

-

-

-

-

-

-

-

-

30

30

-

47

57

61

55

55

47

58

64

71

74

88

88

100

111

142

335

347

368

372

398

418

449

461

568

589

593

516

518

521

524

643

Preferred shares called for redemption (Note 8)

-

-

287

-

-

-

-

-

-

-

-

460

-

-

-

487

375

-

125

-

145

-

-

-

-

-

-

-

-

-

367

415

476

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

357

383

444

410

374

371

409

351

326

337

380

322

294

297

345

305

275

261

295

270

264

247

260

237

222

218

243

218

205

201

242

226

212

210

244

227

210

205

243

231

201

212

236

219

212

Equity Shares, Series A called for redemption (Note 7)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

205

-

-

-

-

Total liabilities

2,795

2,285

2,624

2,318

1,780

1,783

1,827

1,772

1,769

1,768

1,806

1,203

690

688

776

1,230

986

580

476

329

468

311

332

634

682

1,057

343

330

347

670

957

1,011

1,062

609

663

677

672

774

883

825

922

731

758

744

856

Redeemable noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

12

12

12

12

13

13

13

13

12

12

12

Commitments and contingencies (Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

Preferred Shares, $0.01 par value, 100,000,000 shares authorized, 162,600 shares issued (in series) and outstanding, (162,600 at December 31, 2019), at liquidation preference

4,065

4,065

3,766

3,737

4,025

4,025

4,025

4,025

4,025

4,025

4,025

4,187

4,367

4,367

4,017

3,692

3,980

4,055

4,055

4,180

4,180

4,325

4,135

4,135

3,797

3,562

3,562

3,562

3,562

2,837

3,200

3,072

3,200

3,111

3,216

3,253

3,396

3,396

3,379

3,389

3,399

3,399

3,399

3,399

3,424

Common Shares, $0.10 par value, 650,000,000 shares authorized, 174,475,022 shares issued and outstanding (174,418,615 shares at December 31, 2019)

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

16

16

16

16

16

16

16

16

16

16

Equity Shares of beneficial interest, Series A, $0.01 par value, 100,000,000 shares authorized, none outstanding (8,377.193 shares issued and outstanding at December 31, 2009) (Note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

Paid-in capital

5,709

5,710

5,719

5,729

5,708

5,718

5,697

5,673

5,655

5,648

5,631

5,625

5,624

5,609

5,602

5,598

5,596

5,601

5,591

5,571

5,558

5,561

5,559

5,545

5,544

5,531

5,525

5,517

5,498

5,519

5,411

5,414

5,413

5,442

5,432

5,518

5,529

5,515

5,513

5,499

5,487

5,680

5,677

5,673

5,590

Accumulated deficit

-701

-665

-650

-648

-615

-577

-760

-735

-735

-675

-662

-609

-553

-487

-494

-491

-476

-434

-444

-428

-398

-374

-417

-408

-385

-318

-321

-338

-331

-279

-312

-339

-296

-259

-265

-237

-223

-236

-226

-272

-202

-153

-177

-258

-290

Accumulated other comprehensive loss

-78

-64

-78

-67

-65

-64

-84

-84

-70

-75

-74

-82

-92

-95

-83

-78

-67

-68

-67

-61

-78

-48

-27

-4

-0

-0

-4

-22

-20

-1

-15

-27

-11

-23

-15

1

-0

-15

-11

-35

-24

-15

-12

-18

-31

Total Public Storage shareholders’ equity

9,013

9,062

8,774

8,768

9,069

9,119

8,895

8,895

8,891

8,940

8,936

9,139

9,363

9,411

9,059

8,737

9,048

9,170

9,152

9,279

9,277

9,480

9,266

9,285

8,973

8,791

8,778

8,736

8,725

8,093

8,300

8,137

8,321

8,288

8,385

8,553

8,717

8,676

8,672

8,598

8,676

8,928

8,904

8,812

8,708

Noncontrolling interests

17

16

14

25

24

25

24

24

24

24

23

22

29

29

29

29

28

26

26

26

26

26

25

26

26

27

27

28

28

29

29

30

22

22

24

29

33

32

133

132

132

132

134

133

358

Total equity

9,030

9,079

8,788

8,794

9,094

9,144

8,920

8,920

8,915

8,964

8,959

9,162

9,393

9,441

9,089

8,767

9,077

9,197

9,178

9,305

9,303

9,507

9,292

9,311

8,999

8,818

8,806

8,764

8,754

8,122

8,330

8,167

8,343

8,310

8,409

8,582

8,750

8,708

8,805

8,731

8,808

9,061

9,038

8,946

9,067

Total liabilities and equity

11,825

11,365

11,413

11,113

10,875

10,928

10,747

10,692

10,685

10,732

10,765

10,365

10,083

10,130

9,865

9,997

10,064

9,778

9,654

9,634

9,772

9,818

9,624

9,946

9,682

9,876

9,149

9,094

9,101

8,793

9,288

9,178

9,406

8,932

9,085

9,272

9,435

9,495

9,651

9,569

9,744

9,805

9,809

9,703

9,936