The weighted average interest rates presented represent the effective interest rates (including amortization of debt issuance costs and noncash premiums or discounts) at the end of the period for the debt outstanding and include the impact of designated interest rate contracts, which effectively fix the interest rate on certain variable rate debt.

[2]

The weighted average term represents the remaining maturity in years, based on debt agreements in place, at period end.

[3]

We borrow in the functional currencies of the countries where we invest. Included in the outstanding balances were borrowings denominated in the following currencies:


	March 31, 2026						December 31, 2025
	Weighted Average Interest Rate	Amount Outstanding		% of Total			Weighted Average Interest Rate	Amount Outstanding		% of Total
British pound sterling	3.0%	$	1,813,412		5.2	%	3.0%	$	1,843,931		5.3	%
Canadian dollar	4.4%		1,968,980		5.7	%	4.4%		2,004,638		5.7	%
Euro	2.2%		11,777,170		34.0	%	2.2%		12,302,104		35.1	%
Japanese yen	1.3%		2,957,165		8.5	%	1.2%		2,930,594		8.4	%
U.S. dollar	4.1%		15,568,447		44.9	%	4.1%		15,385,826		43.9	%
Other	3.8%		584,418		1.7	%	3.8%		569,980		1.6	%
Total	3.2%	$	34,669,592		100.0	%	3.2%	$	35,037,073		100.0	%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

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Prologis, Inc. 10-Q