Restructuring and Other Exit Activities (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The following table summarizes costs incurred under the Q4 2024 Restructuring Plan and the Equinix Metal Wind Down, which are included in restructuring charges in our Consolidated Statements of Operations, during the year ended December 31, 2024 (in millions):

Nature of expense	Q4 2024 Restructuring Plan		Equinix Metal Wind Down		Total (1)
Severance and other employee costs	$	19	$	4	$	23
Stock-based compensation expense	3		—		3
Other exit costs	5		—		5
Total	$	27	$	4	$	31

(1)Total restructuring charges were incurred in each of our three regions with $21 million in the Americas, $6 million in EMEA and $4 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 Consolidated Balance Sheets, for the year ended December 31, 2024 (in millions):

	Q4 2024 Restructuring Plan		Equinix Metal Wind Down		Total
Beginning balance	$	—	$	—	$	—
Charges (1)	24		4		28
Cash payments	(11)		(2)		(13)
Ending balance	$	13	$	2	$	15

(1)Excludes stock-based compensation expense which represents non-cash transactions.