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Restructuring and Other Exit Activities (Tables)
3 Months Ended
Mar. 31, 2025
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 Condensed Consolidated Statements of Operations (in millions):
Three Months Ended March 31, 2025
Nature of expenseQ4 2024 Restructuring PlanEquinix Metal Wind Down
Total (1)
Severance and other employee costs$$$
Other exit costs
Total$$$10 
Total Costs Incurred to Date
Nature of expenseQ4 2024 Restructuring PlanEquinix Metal Wind DownTotal
Severance and other employee costs$22 $$28 
Stock-based compensation expense— 
Other exit costs10 
Total$33 $$41 
(1)Total restructuring charges were incurred in each of our three regions with $8 million in the Americas, $1 million in EMEA and $1 million in Asia-Pacific during the three months ended March 31, 2025.
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 $$15 
Charges10 
Cash payments(13)(2)(15)
Balance as of March 31, 2025$$$10