XML 75 R33.htm IDEA: XBRL DOCUMENT v3.25.2
Restructuring and Other Exit Activities (Tables)
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The following tables summarize costs incurred under the Q4 2024 Restructuring Plan and the Equinix Metal Wind Down, which were included in restructuring charges in our condensed consolidated statements of operations (in millions):
Three Months Ended June 30, 2025
Nature of expenseQ4 2024 Restructuring PlanEquinix Metal Wind Down
Total (1)
Other exit costs$— $2 $2 
Total$— $2 $2 
Six Months Ended June 30, 2025
Nature of expenseQ4 2024 Restructuring PlanEquinix Metal Wind Down
Total (2)
Severance and other employee costs$3 $2 $5 
Other exit costs3 4 7 
Total$6 $6 $12 
Total Costs Incurred to Date
Nature of expenseQ4 2024 Restructuring PlanEquinix Metal Wind DownTotal
Severance and other employee costs$22 $6 $28 
Stock-based compensation expense3 — 3 
Other exit costs8 4 12 
Total$33 $10 $43 
(1)Restructuring charges were incurred in the Americas region during the three months ended June 30, 2025.
(2)Restructuring charges were incurred in each of our three regions during the six months ended June 30, 2025 with $10 million in the Americas, $1 million in EMEA and $1 million in Asia-Pacific.
Schedule of Restructuring Reserve by Type of Cost
The following table summarizes the activity in our restructuring accrual, included in other current liabilities in our condensed consolidated balance sheets (in millions):
Q4 2024 Restructuring PlanEquinix Metal Wind DownTotal
Balance as of December 31, 2024$13 $2 $15 
Charges6 6 12 
Cash payments(18)(6)(24)
Balance as of June 30, 2025$1 $2 $3