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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Schedule of Rollforward of Stockholders' Equity
The following tables provide a rollforward of our stockholders' equity for the three months ended September 30, 2023 and 2022 (in thousands, except share and per share data):
AOCI (Loss)Retained
Earnings		Equinix
Stockholders'
Equity		Non-controlling InterestsTotal Stockholders' Equity
Common StockTreasury StockAdditional
Paid-in Capital		Accumulated
Dividends
SharesAmountSharesAmount
Balance as of December 31, 202292,813,976 $93 (193,273)$(71,966)$17,320,017 $(7,317,570)$(1,389,446)$2,964,838 $11,505,966 $(134)$11,505,832 
Net income (loss)— — — — — — — 258,786 258,786 (56)258,730 
Other comprehensive income— — — — — — 104,258 — 104,258 — 104,258 
Issuance of common stock and release of treasury stock for employee equity awards419,490 — 16,066 5,978 38,565 — — — 44,543 1 44,544 
Issuance of common stock under ATM Program458,459 1 — — 300,774 — — — 300,775 — 300,775 
Dividend distribution on common stock,$3.41 per share
— — — — — (318,736)— — (318,736)— (318,736)
Settlement of accrued dividends on vested equity awards— — — — — (483)— — (483)— (483)
Accrued dividends on unvested equity awards— — — — — (2,406)— — (2,406)— (2,406)
Stock-based compensation, net of estimated forfeitures— — — — 136,345 — — — 136,345 — 136,345 
Balance as of March 31, 202393,691,925 94 (177,207)(65,988)17,795,701 (7,639,195)(1,285,188)3,223,624 12,029,048 (189)12,028,859 
Net income (loss)— — — — — — 207,030 207,030 (17)207,013 
Other comprehensive income (loss)— — — — — — (3,268)— (3,268)97 (3,171)
Issuance of common stock and release of treasury stock for employee equity awards44,734 — 5,417 2,015 527 — — — 2,542 — 2,542 
Dividend distribution on common stock, $3.41 per share
— — — — — (318,914)— — (318,914)— (318,914)
Settlement of accrued dividends on vested equity awards— — — — — (86)— — (86)— (86)
Accrued dividends on unvested equity awards— — — — — (5,058)— — (5,058)— (5,058)
Stock-based compensation, net of estimated forfeitures— — — — 112,815 — — — 112,815 — 112,815 
Balance as of June 30, 202393,736,659 94 (171,790)(63,973)17,909,043 (7,963,253)(1,288,456)3,430,654 12,024,109 (109)12,024,000 
Net income (loss)— — — — — — — 275,794 275,794 (34)275,760 
Other comprehensive loss— — — — — — (237,554)— (237,554)(182)(237,736)
Issuance of common stock and release of treasury stock for employee equity awards300,223 — 18,204 6,774 35,645 — — — 42,419 — 42,419 
AOCI (Loss)Retained
Earnings		Equinix
Stockholders'
Equity		Non-controlling InterestsTotal Stockholders' Equity
Common StockTreasury StockAdditional
Paid-in Capital		Accumulated
Dividends
SharesAmountSharesAmount
Dividend distribution on common stock, $3.41 per share
— — — — — (319,308)— — (319,308)— (319,308)
Settlement of accrued dividends on vested equity awards— — — — — (343)— — (343)— (343)
Accrued dividends on unvested equity awards— — — — — (4,695)— — (4,695)— (4,695)
Stock-based compensation, net of estimated forfeitures— — — — 106,462 — — — 106,462 — 106,462 
Balance as of September 30, 202394,036,882 $94 (153,586)$(57,199)$18,051,150 $(8,287,599)$(1,526,010)$3,706,448 $11,886,884 $(325)$11,886,559 
Additional
Paid-in Capital		Accumulated
Dividends		AOCI (Loss)Retained
Earnings		Equinix
Stockholders'
Equity		Non-controlling interestsTotal Stockholders' Equity
Common StockTreasury Stock
SharesAmountSharesAmount
Balance as of December 31, 202190,872,826 $91 (301,420)$(112,208)$15,984,597 $(6,165,140)$(1,085,751)$2,260,493 $10,882,082 $(318)$10,881,764 
Net income— — — — — — — 147,453 147,453 240 147,693 
Other comprehensive income— — — — — — 32,837 — 32,837 3 32,840 
Issuance of common stock and release of treasury stock for employee equity awards430,973 — 11,445 4,259 39,617 — — — 43,876 — 43,876 
Dividend distribution on common stock, $3.10 per share
— — — — — (282,031)— — (282,031)— (282,031)
Settlement of accrued dividends on vested equity awards— — — — — (497)— — (497)— (497)
Accrued dividends on unvested equity awards— — — — — (2,045)— — (2,045)— (2,045)
Stock-based compensation, net of estimated forfeitures— — — — 121,210 — — — 121,210 — 121,210 
Balance as of March 31, 202291,303,799 91 (289,975)(107,949)16,145,424 (6,449,713)(1,052,914)2,407,946 10,942,885 (75)10,942,810 
Net income (loss)— — — — — — — 216,322 216,322 (80)216,242 
Other comprehensive loss— — — — — — (365,842)— (365,842)(35)(365,877)
Issuance of common stock and release of treasury stock for employee equity awards36,682 — 24,609 9,157 4,882 — — — 14,039 — 14,039 
Dividend distribution on common stock, $3.10 per share
— — — — — (282,168)— — (282,168)— (282,168)
Settlement of accrued dividends on vested equity awards— — — — — (57)— — (57)— (57)
Accrued dividends on unvested equity awards— — — — — (4,400)— — (4,400)— (4,400)
Stock-based compensation, net of estimated forfeitures— — — — 109,005 — — — 109,005 — 109,005 
Balance as of June 30, 202291,340,481 91 (265,366)(98,792)16,259,311 (6,736,338)(1,418,756)2,624,268 10,629,784 (190)10,629,594 
Net income (loss)— — — — — — — 211,807 211,807 (68)211,739 
Other comprehensive loss— — — — — — (337,161)— (337,161)(28)(337,189)
Issuance of common stock and release of treasury stock for employee equity awards285,176 1 15,982 5,947 31,719 — — — 37,667 — 37,667 
Issuance of common stock under ATM Program1,160,706 1 — — 796,018 — — — 796,019 — 796,019 
Dividend distribution on common stock, $3.10 per share
— — — — — (286,136)— — (286,136)— (286,136)
Settlement of accrued dividends on vested equity awards— — — — — (327)— — (327)— (327)
Accrued dividends on unvested equity awards— — — — — (4,031)— — (4,031)— (4,031)
Additional
Paid-in Capital		Accumulated
Dividends		AOCI (Loss)Retained
Earnings		Equinix
Stockholders'
Equity		Non-controlling interestsTotal Stockholders' Equity
Common StockTreasury Stock
SharesAmountSharesAmount
Stock-based compensation, net of estimated forfeitures— — — — 106,757 — — — 106,757 — 106,757 
Balance as of Balance as of September 30, 202292,786,363 $93 (249,384)$(92,845)$17,193,805 $(7,026,832)$(1,755,917)$2,836,075 $11,154,379 $(286)$11,154,093 
Schedule of Changes in Accumulated Other Comprehensive Loss
The changes in accumulated other comprehensive loss, net of tax, by components are as follows (in thousands):
Balance as of December 31,
2022		Net
Change		Balance as of September 30,
2023
Foreign currency translation adjustment (“CTA”) loss$(1,838,237)$(229,688)$(2,067,925)
Unrealized gain on cash flow hedges (1)
33,953 8,012 41,965 
Net investment hedge CTA gain (1)
415,749 85,462 501,211 
Net actuarial loss on defined benefit plans (2)
(911)(350)(1,261)
$(1,389,446)$(136,564)$(1,526,010)
(1)Refer to Note 7 for a discussion of the amounts reclassified from accumulated other comprehensive loss to net income.
(2)We have two defined benefit pension plans covering all employees in two countries where such plans are mandated by law. We do not have any defined benefit plans in any other countries.
Schedule of Stock-Based Compensation Expense by Operating Expense Category
The following table presents, by operating expense category, our stock-based compensation expense recognized in our condensed consolidated statements of operations (in thousands):
 Three Months Ended
September 30,		Nine Months Ended
September 30,
 2023202220232022
Cost of revenues$12,389 $10,732 $36,111 $33,053 
Sales and marketing22,638 22,507 64,697 65,862 
General and administrative63,419 68,591 200,899 197,549 
Total$98,446 $101,830 $301,707 $296,464