v3.26.3
Stockholders' Equity (Tables)
9 Months Ended
Sep. 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: 
September 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 shares732,170,957 696,631,868 
Outstanding shares731,995,408 696,507,255 
The following is a summary of our common stock issuances during the nine months ended September 30, 2026 and 2025 (in thousands, except shares and average price amounts): 
Shares IssuedAverage PriceGross ProceedsNet Proceeds
2025 Option exercises25,051 $77.36 $1,938 $1,938 
2025 ATM Program issuances45,080,143 152.47 6,873,247 6,835,580 
2025 Equity issuance (1)
3,055,835 — — 
2025 Redemption of OP Units and DownREIT Units559,950 — — 
2025 Stock incentive plans, net of forfeitures98,042 — — 
2025 Totals48,819,021 $6,875,185 $6,837,518 
2026 Option exercises14,160 $82.06 $1,162 $1,162 
2026 ATM Program issuances34,646,633 218.07 7,555,540 7,504,165 
2026 Redemption of OP Units and DownREIT Units444,878 — — 
2026 Stock incentive plans, net of forfeitures120,729 — — 
2026 Other equity issuances (2)
261,753 — — 
2026 Totals35,488,153 $7,556,702 $7,505,327 
(1) Relates to the re-issuance of treasury shares and issuance of common stock 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): 
Nine Months Ended
September 30, 2026September 30, 2025
Per ShareAmountPer ShareAmount
Common stock$2.33 $1,662,088 $2.08 $1,367,581 
Summary of Accumulated Other Comprehensive Income (Loss)
The following is a summary of accumulated other comprehensive income (loss) as of the dates presented (in thousands):
September 30, 2026December 31, 2025
Foreign currency translation$(981,876)$(598,593)
Derivative and financial instruments designated as hedges566,440 310,952 
Total accumulated other comprehensive income (loss)$(415,436)$(287,641)