v3.26.1
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Summary of Stockholders' Equity Capital Accounts
The following is a summary of our stockholders’ equity capital accounts as of the dates indicated: 
 June 30, 2026December 31, 2025
Preferred Stock, $1.00 par value:
Authorized shares50,000,000 50,000,000 
Issued shares— — 
Outstanding shares— — 
Common Stock, $1.00 par value:
Authorized shares1,400,000,000 1,400,000,000 
Issued shares719,074,981 696,631,868 
Outstanding shares718,902,041 696,507,255 
The following is a summary of our common stock issuances during the six months ended June 30, 2026 and 2025 (in thousands, except shares and average price amounts): 
 Shares IssuedAverage PriceGross ProceedsNet Proceeds
2025 Option exercises22,967 $76.98 $1,768 $1,768 
2025 ATM Program issuances27,593,276 144.52 3,987,776 3,965,653 
2025 Equity issuance (1)
1,563,904 — — 
2025 Redemption of OP Units and DownREIT Units556,950 — — 
2025 Stock incentive plans, net of forfeitures93,403 — — 
2025 Totals29,830,500 $3,989,544 $3,967,421 
2026 Option exercises13,878 $80.78 $1,121 $1,121 
2026 ATM Program issuances21,571,496 207.74 4,481,254 4,451,110 
2026 Redemption of OP Units and DownREIT Units430,576 — — 
2026 Stock incentive plans, net of forfeitures117,083 — — 
2026 Other equity issuances (2)
261,753 — — 
2026 Totals22,394,786 $4,482,375 $4,452,231 
(1) Relates to the re-issuance of treasury shares in lieu of cash consideration for the acquisition of real property. Please see Note 3 for additional information.
(2) Relates to shares of common stock issued in connection with a lease modification and extension.
Summary of Dividend Payments
The following is a summary of our dividend payments (in thousands, except per share amounts): 
 Six Months Ended
 June 30, 2026June 30, 2025
Per ShareAmountPer ShareAmount
Common stock$1.48 $1,047,370 $1.34 $870,389 
Summary of Accumulated Other Comprehensive Income (Loss)
The following is a summary of accumulated other comprehensive income (loss) as of the dates presented (in thousands):
June 30, 2026December 31, 2025
Foreign currency translation$(984,673)$(598,593)
Derivative and financial instruments designated as hedges563,027 310,952 
Total accumulated other comprehensive income (loss)$(421,646)$(287,641)