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Leases (Tables)
 9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Schedule of Leases Entered into During the Period
The following table summarizes the significant lease transactions during the nine months ended September 30, 2023 (in thousands):
Renewal/Termination Options excluded (1)
Net Incremental (2)
LeaseQuarterTransactionLease ClassificationROU assetsROU liabilities
Chicago 1/2/4 ("CH1/2/4") data center lease expansionQ2
Expanded CH1 to additional space within the building (3)
One 10-year renewal option
Operating Lease$150,990 $176,316 
Finance Lease78,073 52,747 
(1)    These renewal/termination options are not included in determining the lease terms as we are not reasonably certain to exercise them at this time. Certain complementary leases contain one additional 10-year renewal option.
(2)    The net incremental amounts represent the adjustments to the right of use ("ROU") assets and liabilities recorded during the quarter that the transactions were entered.
(3)    The incremental balance includes the impact of reassessing lease terms of complementary leases of CH1, resulting in new lease end dates ranging from June 2037 to October 2040 from including renewal options that are reasonably certain to be exercised and in certain complementary leases changing classification.
Schedule of Components of Lease Expenses
The components of lease expenses are as follows (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2023202220232022
Finance lease cost
Amortization of right-of-use assets (1)
$46,428 $39,456 $131,481 $120,684 
Interest on lease liabilities28,422 27,742 85,100 84,986 
Total finance lease cost74,850 67,198 216,581 205,670 
Operating lease cost57,803 55,031 168,896 159,632 
Variable lease cost17,273 12,721 46,847 30,003 
Total lease cost$149,926 $134,950 $432,324 $395,305 
(1)    Amortization of right-of-use assets is included within depreciation expense, and is recorded within cost of revenues, sales and marketing and general and administrative expenses in the condensed consolidated statements of operations.
Schedule of Other Information Related to Leases
Other information related to leases is as follows (in thousands, except years and percent):
Nine Months Ended September 30,
20232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases$82,864 $82,841 
Operating cash flows from operating leases150,779 144,954 
Financing cash flows from finance leases98,091 97,808 
Right-of-use assets obtained in exchange for lease obligations: (1)
Finance leases$193,667 $78,432 
Operating leases254,822 318,882 
September 30, 2023December 31, 2022
Weighted-average remaining lease term - finance leases (2)
14 years15 years
Weighted-average remaining lease term - operating leases (2)
13 years12 years
Weighted-average discount rate - finance leases6 %6 %
Weighted-average discount rate - operating leases5 %4 %
Finance lease right-of-use assets (3)
$1,991,556 $2,018,070 
(1) Represents all non-cash changes in right-of-use assets.
(2) Includes lease renewal options that are reasonably certain to be exercised.
(3) As of September 30, 2023 and December 31, 2022, we recorded accumulated amortization of finance lease right-of-use assets of $856.5 million and $840.0 million, respectively. Finance lease assets are recorded within property, plant and equipment, net on the condensed consolidated balance sheets.
Schedule of Maturities of Lease Liabilities
Maturities of lease liabilities as of September 30, 2023 are as follows (in thousands):
Operating LeasesFinance LeasesTotal
2023 (3 months remaining)$39,947 $56,103 $96,050 
2024212,645 253,239 465,884 
2025202,434 273,817 476,251 
2026195,717 242,464 438,181 
2027179,302 247,062 426,364 
Thereafter1,300,666 2,327,007 3,627,673 
Total lease payments2,130,711 3,399,692 5,530,403 
Less imputed interest(595,223)(1,144,950)(1,740,173)
Total$1,535,488 $2,254,742 $3,790,230 
Schedule of Maturities of Lease Liabilities
Maturities of lease liabilities as of September 30, 2023 are as follows (in thousands):
Operating LeasesFinance LeasesTotal
2023 (3 months remaining)$39,947 $56,103 $96,050 
2024212,645 253,239 465,884 
2025202,434 273,817 476,251 
2026195,717 242,464 438,181 
2027179,302 247,062 426,364 
Thereafter1,300,666 2,327,007 3,627,673 
Total lease payments2,130,711 3,399,692 5,530,403 
Less imputed interest(595,223)(1,144,950)(1,740,173)
Total$1,535,488 $2,254,742 $3,790,230