Equinix (EQIX) 10-K 18 Feb 22 2021 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2021	Feb. 17, 2022	Jun. 30, 2021
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	001-40205
Entity Registrant Name	EQUINIX, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	77-0487526
Entity Address, Address Line One	One Lagoon Drive
Entity Address, City or Town	Redwood City
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94065
City Area Code	650
Local Phone Number	598-6000
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 72
Entity Common Stock, Shares Outstanding		90,721,039
Documents Incorporated by Reference	Part III – Portions of the registrant's definitive proxy statement to be issued in conjunction with the registrant's 2022 Annual Meeting of Stockholders, which is expected to be filed not later than 120 days after the registrant's fiscal year ended December 31, 2021. Except as expressly incorporated by reference, the registrant's proxy statement shall not be deemed to be a part of this report on Form 10-K
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Central Index Key	0001101239
Current Fiscal Year End Date	--12-31
Common Stock, $0.001
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $0.001
Trading Symbol	EQIX
Security Exchange Name	NASDAQ
0.250% Senior Notes due 2027
Document Information [Line Items]
Title of 12(b) Security	0.250% Senior Notes due 2027
Security Exchange Name	NASDAQ
No Trading Symbol Flag	true
1.000% Senior Notes due 2033
Document Information [Line Items]
Title of 12(b) Security	1.000% Senior Notes due 2033
Security Exchange Name	NASDAQ
No Trading Symbol Flag	true

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Audit Information [Abstract]
Auditor Name	PricewaterhouseCoopers LLP
Auditor Firm ID	238
Auditor Location	San Jose, California

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 1,536,358	$ 1,604,869
Short-term investments	0	4,532
Accounts receivable, net of allowance of $11,635 and $10,677	681,809	676,738
Other current assets	462,739	323,016
Assets held for sale	276,195	0
Total current assets	2,957,101	2,609,155
Property, plant and equipment, net	15,445,775	14,503,084
Operating lease right-of-use assets	1,282,418	1,475,057
Goodwill	5,372,071	5,472,553
Intangible assets, net	1,935,267	2,170,945
Other assets	926,066	776,047
Total assets	27,918,698	27,006,841
Current liabilities:
Accounts payable and accrued expenses	879,144	844,862
Accrued property, plant and equipment	187,334	301,155
Current portion of operating lease liabilities	144,029	154,207
Current portion of finance lease liabilities	147,841	137,683
Current portion of mortgage and loans payable	33,087	82,289
Current portion of senior notes	0	150,186
Other current liabilities	214,519	354,368
Total current liabilities	1,605,954	2,024,750
Operating lease liabilities, less current portion	1,107,180	1,308,627
Finance lease liabilities, less current portion	1,989,668	1,784,816
Mortgage and loans payable, less current portion	586,577	1,287,254
Senior notes, less current portion	10,984,144	9,018,277
Other liabilities	763,411	948,999
Total liabilities	17,036,934	16,372,723
Commitments and contingencies (Note 15)
Equinix stockholders' equity:
Preferred stock, $0.001 par value per share: 100,000,000 shares authorized in 2021 and 2020; zero shares issued and outstanding	0	0
Common stock, $0.001 par value per share: 300,000,000 shares authorized in 2021 and 2020; 90,872,826 issued and 90,571,406 outstanding in 2021 and 89,462,304 issued and 89,134,252 outstanding in 2020	91	89
Additional paid-in capital	15,984,597	15,028,357
Treasury stock, at cost; 301,420 shares in 2021 and 328,052 shares in 2020	(112,208)	(122,118)
Accumulated dividends	(6,165,140)	(5,119,274)
Accumulated other comprehensive loss	(1,085,751)	(913,368)
Retained earnings	2,260,493	1,760,302
Total Equinix stockholders' equity	10,882,082	10,633,988
Non-controlling interests	(318)	130
Total stockholders' equity	10,881,764	10,634,118
Total liabilities and stockholders' equity	$ 27,918,698	$ 27,006,841

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Allowance for credit losses	$ 11,635	$ 10,677
Preferred stock, par value per share (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value per share (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	90,872,826	89,462,304
Common stock, shares outstanding (in shares)	90,571,406	89,134,252
Treasury stock, at cost (in shares)	301,420	328,052

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Revenues	$ 6,635,537	$ 5,998,545	$ 5,562,140
Costs and operating expenses:
Cost of revenues	3,472,422	3,074,340	2,810,184
Sales and marketing	741,232	718,356	651,046
General and administrative	1,301,797	1,090,981	935,018
Transaction costs	22,769	55,935	24,781
Impairment charges	0	7,306	15,790
Gain on asset sales	(10,845)	(1,301)	(44,310)
Total costs and operating expenses	5,527,375	4,945,617	4,392,509
Income from operations	1,108,162	1,052,928	1,169,631
Interest income	2,644	8,654	27,697
Interest expense	(336,082)	(406,466)	(479,684)
Other income (expense)	(50,647)	6,913	27,778
Loss on debt extinguishment	(115,125)	(145,804)	(52,825)
Income before income taxes	608,952	516,225	692,597
Income tax expense	(109,224)	(146,151)	(185,352)
Net income	499,728	370,074	507,245
Net (income) loss attributable to non-controlling interests	463	(297)	205
Net income attributable to Equinix	$ 500,191	$ 369,777	$ 507,450
Earnings per share ("EPS") attributable to Equinix:
Basic EPS (in dollars per share)	$ 5.57	$ 4.22	$ 6.03
Weighted-average shares for basic EPS (in shares)	89,772	87,700	84,140
Diluted EPS (in dollars per share)	$ 5.53	$ 4.18	$ 5.99
Weighted-average shares for diluted EPS (in shares)	90,409	88,410	84,679

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 499,728	$ 370,074	$ 507,245
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment ("CTA") gain (loss), net of tax effects of $0, $0 and $(51)	(559,969)	548,560	(58,334)
Net investment hedge CTA gain (loss), net of tax effects of $0, $0 and $10	326,982	(444,553)	73,294
Unrealized gain (loss) on cash flow hedges, net of tax effects of $(16,980), $14,521 and $2,938	60,562	(82,790)	(3,842)
Net actuarial gain (loss) on defined benefit plans, net of tax effects of $(14), $(23) and $(9)	57	85	(48)
Total other comprehensive income (loss), net of tax	(172,368)	21,302	11,070
Comprehensive income, net of tax	327,360	391,376	518,315
Net (income) loss attributable to non-controlling interests	463	(297)	205
Other comprehensive (income) loss attributable to non-controlling interests	(15)	(57)	19
Comprehensive income attributable to Equinix	$ 327,808	$ 391,022	$ 518,539

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustment, tax	$ 0	$ 0	$ (51)
Net investment hedge CTA gain (loss) tax effect	0	0	10
Unrealized gain (loss) on cash flow hedges, tax	(16,980)	14,521	2,938
Net actuarial gain (loss) on defined benefit plans, tax	$ (14)	$ (23)	$ (9)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders’ Equity and Other Comprehensive Income (Loss) - USD ($) $ in Thousands	Total	Adjustment from adoption of new accounting standard	Public offering	ATM Program	Equinix Stockholders' Equity	Equinix Stockholders' EquityAdjustment from adoption of new accounting standard	Equinix Stockholders' EquityPublic offering	Equinix Stockholders' EquityATM Program	Common stock	Common stockPublic offering	Common stockATM Program	Treasury stock	Additional Paid-in Capital	Additional Paid-in CapitalPublic offering	Additional Paid-in CapitalATM Program	Accumulated Dividends	AOCI (Loss)	Retained Earnings	Retained EarningsAdjustment from adoption of new accounting standard	Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2018									81,119,117			(396,859)
Beginning balance at Dec. 31, 2018	$ 7,219,279	$ (5,973)			$ 7,219,279	$ (5,973)			$ 81			$ (145,161)	$ 10,751,313			$ (3,331,200)	$ (945,702)	$ 889,948	$ (5,973)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	507,245				507,450													507,450		(205)
Other comprehensive income (loss)	11,070				11,089												11,089			(19)
Issuance of common stock and release of treasury stock for employee equity awards (in shares)									692,706			4,292
Issuance of common stock and release of treasury stock for employee equity awards	52,017				52,017				$ 1			$ 905	51,111
Issuance of common stock (in shares)										2,985,575	903,555
Issuance of common stock, net			$ 1,213,434	$ 447,542			$ 1,213,434	$ 447,542		$ 3	$ 1			$ 1,213,431	$ 447,541
Dividend distributions on common stock	(825,893)				(825,893)											(825,893)
Settlement of accrued dividends on vested equity awards	(380)				(380)								308			(688)
Accrued dividends on unvested equity awards	(10,688)				(10,688)											(10,688)
Stock-based compensation, net of estimated forfeitures	232,729				232,729								232,729
Ending balance (in shares) at Dec. 31, 2019									85,700,953			(392,567)
Ending balance at Dec. 31, 2019	8,840,382	$ (900)			8,840,606	$ (900)			$ 86			$ (144,256)	12,696,433			(4,168,469)	(934,613)	1,391,425	$ (900)	(224)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	370,074				369,777													369,777		297
Other comprehensive income (loss)	21,302				21,245												21,245			57
Issuance of common stock and release of treasury stock for employee equity awards (in shares)									758,339			64,515
Issuance of common stock and release of treasury stock for employee equity awards	62,117				62,117							$ 22,138	39,979
Issuance of common stock (in shares)										2,587,500	415,512
Issuance of common stock, net			$ 1,683,106	298,269			$ 1,683,106	298,269		$ 3				$ 1,683,103	298,269
Dividend distributions on common stock	(936,269)				(936,269)											(936,269)
Settlement of accrued dividends on vested equity awards	(581)				(581)								189			(770)
Accrued dividends on unvested equity awards	(13,766)				(13,766)											(13,766)
Stock-based compensation, net of estimated forfeitures	$ 310,384				310,384								310,384
Ending balance (in shares) at Dec. 31, 2020	89,134,252								89,462,304			(328,052)
Ending balance at Dec. 31, 2020	$ 10,634,118				10,633,988				$ 89			$ (122,118)	15,028,357			(5,119,274)	(913,368)	1,760,302		130
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	499,728				500,191													500,191		(463)
Other comprehensive income (loss)	(172,368)				(172,383)												(172,383)			15
Issuance of common stock and release of treasury stock for employee equity awards (in shares)									772,905			26,632
Issuance of common stock and release of treasury stock for employee equity awards	77,629				77,629				$ 1			$ 9,910	67,718
Issuance of common stock (in shares)											637,617
Issuance of common stock, net				$ 497,870				$ 497,870			$ 1				$ 497,869
Dividend distributions on common stock	(1,030,005)				(1,030,005)											(1,030,005)
Settlement of accrued dividends on vested equity awards	(839)				(839)											(839)
Accrued dividends on unvested equity awards	(15,022)				(15,022)											(15,022)
Stock-based compensation, net of estimated forfeitures	$ 390,653				390,653								390,653
Ending balance (in shares) at Dec. 31, 2021	90,571,406								90,872,826			(301,420)
Ending balance at Dec. 31, 2021	$ 10,881,764				$ 10,882,082				$ 91			$ (112,208)	$ 15,984,597			$ (6,165,140)	$ (1,085,751)	$ 2,260,493		$ (318)

Consolidated Statements of St_2

Consolidated Statements of Stockholders’ Equity and Other Comprehensive Income (Loss) (Parenthetical) - $ / shares	3 Months Ended												12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividends per share (in dollars per share)	$ 2.870000	$ 2.870000	$ 2.870000	$ 2.870000	$ 2.660000	$ 2.660000	$ 2.660000	$ 2.660000	$ 2.460000	$ 2.460000	$ 2.460000	$ 2.460000	$ 11.480000	$ 10.640000	$ 9.840000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net income	$ 499,728	$ 370,074	$ 507,245
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	1,450,806	1,224,322	1,088,559
Stock-based compensation	363,774	294,952	236,539
Amortization of intangible assets	205,484	199,047	196,278
Amortization of debt issuance costs and debt discounts and premiums	17,135	15,739	13,042
Provision for credit loss allowance	10,016	5,069	8,459
Impairment charges	0	7,306	15,790
Gain on asset sales	(10,845)	(1,301)	(44,310)
Loss on debt extinguishment	115,125	145,804	52,825
Other items	28,717	16,643	11,620
Changes in operating assets and liabilities:
Accounts receivable	(1,873)	25,412	(26,909)
Income taxes, net	(16,602)	(22,641)	32,495
Other assets	(114,268)	(129,817)	(100,144)
Operating lease right-of-use assets	140,590	153,650	149,031
Operating lease liabilities	(177,533)	(142,863)	(152,091)
Accounts payable and accrued expenses	64,596	25,801	(27,928)
Other liabilities	(27,644)	122,629	32,227
Net cash provided by operating activities	2,547,206	2,309,826	1,992,728
Cash flows from investing activities:
Purchases of investments	(107,533)	(127,763)	(60,909)
Sales of investments	4,057	29,352	40,386
Business acquisitions, net of cash and restricted cash acquired	(158,498)	(1,180,272)	(34,143)
Real estate acquisitions	(201,837)	(200,182)	(169,153)
Purchases of other property, plant and equipment	(2,751,512)	(2,282,504)	(2,079,521)
Proceeds from sale of assets, net of cash transferred	208,585	334,397	358,773
Net cash used in investing activities	(3,006,738)	(3,426,972)	(1,944,567)
Cash flows from financing activities:
Proceeds from employee equity awards	77,628	62,118	52,018
Payment of dividends	(1,042,909)	(947,933)	(836,164)
Proceeds from public offering of common stock, net of issuance costs	497,870	1,981,375	1,660,976
Proceeds from senior notes, net of debt discounts	3,878,662	4,431,627	2,797,906
Proceeds from mortgage and loans payable	0	750,790	0
Repayment of senior notes	(1,990,650)	(4,363,761)	(2,206,289)
Repayments of finance lease liabilities	(165,539)	(115,288)	(126,486)
Repayments of mortgage and loans payable	(717,010)	(829,466)	(73,227)
Debt extinguishment costs	(99,185)	(111,700)	(43,311)
Debt issuance costs	(25,102)	(42,236)	(23,341)
Net cash provided by financing activities	413,765	815,526	1,202,082
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash	(30,474)	40,702	8,766
Net increase (decrease) in cash, cash equivalents and restricted cash	(76,241)	(260,918)	1,259,009
Cash, cash equivalents and restricted cash at beginning of period	1,625,695	1,886,613	627,604
Cash, cash equivalents and restricted cash at end of period	1,549,454	1,625,695	1,886,613
Supplemental cash flow information
Cash paid for taxes	134,411	143,934	136,583
Cash paid for interest	426,439	498,408	553,815
Cash and cash equivalents	1,536,358	1,604,869	1,869,577
Current portion of restricted cash included in other current assets	12,188	11,135	7,090
Non-current portion of restricted cash included in other assets	908	9,691	9,946
Total cash, cash equivalents, and restricted cash shown in the consolidated statement of cash flows	$ 1,549,454	$ 1,625,695	$ 1,886,613

Nature of Business and Summary

Nature of Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Nature of Business and Summary of Significant Accounting Policies	Nature of Business and Summary of Significant Accounting Policies Nature of Business Equinix, Inc. ("Equinix," the "Company," "we," "our," or "us") was incorporated in Delaware on June 22, 1998. Equinix provides colocation space and related offerings. Global enterprises, content providers, financial companies and network service providers rely upon Equinix's insight and expertise to safehouse and connect their most valued information assets. We operate International Business Exchange TM ("IBX ® ") data centers, or IBX data centers, across the Americas; Europe, Middle East and Africa ("EMEA") and Asia-Pacific geographic regions where customers directly interconnect with a network ecosystem of partners and customers. More than 2,000 network service providers offer access to the world's internet routes inside our IBX data centers. This access to internet routes provides Equinix customers improved reliability and streamlined connectivity while significantly reducing costs by reaching a critical mass of networks within a centralized physical location. As of December 31, 2021, we operated 240 IBX data centers in 66 markets around the world. We have been operating as a real estate investment trust for federal income tax purposes ("REIT") effective January 1, 2015. See "Income Taxes" in Note 14 below for additional information. Basis of Presentation, Consolidation and Foreign Currency The accompanying consolidated financial statements include the accounts of Equinix and its subsidiaries, including the acquisitions of: • Switch Datacenters' AMS1 data center business in Amsterdam, Netherlands from April 18, 2019; • Three data centers in Mexico acquired from Axtel S.A.B. de C.V ("Axtel") from January 8, 2020; • Packet Host, Inc. (“Packet”), including its operations and technology, from March 2, 2020; • 12 data center sites across Canada from BCE Inc. ("Bell") from October 1, 2020 and one additional data center site from November 2, 2020; and • Two data center sites in Mumbai, India from GPX India ("GPX India Acquisition") from September 1, 2021. We consolidate all entities that are wholly owned and those entities in which we own less than 100% of the equity but control, including variable interest entities ("VIEs") for which we are the primary beneficiary. Our investment in consolidated VIEs have not been material to our consolidated financial statements as of and for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. Foreign exchange gains or losses resulting from foreign currency transactions, including intercompany foreign currency transactions, that are anticipated to be repaid within the foreseeable future, are reported within other income (expense) on our accompanying consolidated statements of operations. For additional information on the impact of foreign currencies to our consolidated financial statements, see "Accumulated Other Comprehensive Loss" in Note 12. Use of Estimates The preparation of consolidated financial statements in conformity with the accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. On an ongoing basis, we evaluate our estimates, including, but not limited to, those related to the allowance for credit losses, fair values of financial and derivative instruments, intangible assets and goodwill, assets acquired and liabilities assumed from acquisitions, useful lives of intangible assets and property, plant and equipment, leases, asset retirement obligations, other accruals, and income taxes. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable. Cash, Cash Equivalents and Short-Term Investments We consider all highly liquid instruments with an original maturity from the date of purchase of 90 days or less to be cash equivalents. Cash equivalents consist of money market mutual funds and certificates of deposit with original maturities up to 90 days. Short-term investments generally consist of certificates of deposit with original maturities of between 90 days and 1 year. Publicly traded equity securities are measured at fair value with changes in the fair values recognized within other income (expense) in our consolidated statements of operations. We review our investment portfolio quarterly to determine if any securities may be other-than-temporarily impaired due to increased credit risk, changes in industry or sector of a certain instrument or ratings downgrades. Equity Method Investments We enter into joint venture or partnership arrangements to invest in certain entities for business development objectives. At the inception of these arrangements and if a reconsideration event has occurred, we assess our interests with such entities to determine whether any of the entities meet the definition of a VIE. A VIE is an entity that either (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support, or (ii) has equity investors who lack the characteristics of a controlling financial interest. We are required to consolidate the assets and liabilities of VIEs when we are deemed to be the primary beneficiary. The primary beneficiary of a VIE is the entity that meets both of the following criteria: (i) has the power to make decisions that most significantly affect the economic performance of the VIE; and (ii) has the obligation to absorb losses or the right to receive benefits that in either case could potentially be significant to the VIE. For VIEs where we are not the primary beneficiary, and other joint ventures or partnerships that are not VIEs, where we have the ability to exercise significant influence over the entity, we account for our investment under the equity method of accounting. Equity method investments are initially measured at cost, or at fair value when the investment represents a retained equity interest in a deconsolidated business or derecognized distinct non-financial assets. Equity investments are subsequently adjusted for cash contributions, distributions and our share of the income and losses of the investees. We record our equity method investments in other assets in the consolidated balance sheet. Our proportionate shares of the income or loss from our equity method investments are recorded in other income in the consolidated statement of operations. We review our investments quarterly to determine if any investments may be impaired considering both qualitative and quantitative factors that may have a significant impact on the investees' fair value. We did not record any impairment charges related to our equity method investments for the years ended December 31, 2021, 2020 and 2019. For further information on our Equity Method Investments, see Note 6. Non-marketable Equity Investments We also have investments in non-marketable equity securities, where we do not have the ability to exercise significant influence over the investees. We elected the measurement alternative under which the securities are measured at cost minus impairment, if any, and adjusted for changes resulting from qualifying observable price changes. We record non-marketable equity investment in other assets in the consolidated balance sheet. We review our non-marketable equity investments quarterly to determine if any investments may be impaired considering both qualitative and quantitative factors that may have a significant impact on the investees' fair value. We did not record any impairment charges related to our non-marketable equity investments for the years ended December 31, 2021, 2020 and 2019. Financial Instruments and Concentration of Credit Risk Financial instruments which potentially subject us to concentrations of credit risk consist of cash and cash equivalents, short-term investments and accounts receivable. Risks associated with cash and cash equivalents and short-term investments are mitigated by our investment policy, which limits our investing to only those marketable securities rated at least A-1/P-1 Short Term Rating or A-/A3 Long Term Rating, as determined by independent credit rating agencies. A significant portion of our customer base is comprised of businesses throughout the Americas. However, a portion of our revenues are derived from our EMEA and Asia-Pacific operations. The following table sets forth percentages of our revenues by geographic region for the years ended December 31: 2021 2020 2019 Americas 46 % 45 % 47 % EMEA 32 % 33 % 32 % Asia-Pacific 22 % 22 % 21 % For further information on segment information, see Note 17. Property, Plant and Equipment Property, plant and equipment are stated at our original cost or at fair value for property, plant and equipment acquired through acquisitions, net of depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the respective assets. Buildings under finance leases, Leasehold improvements and integral equipment at leased locations are amortized over the shorter of the lease term or the estimated useful life of the asset or improvement. We capitalize certain internal and external costs associated with the development and purchase of internal-use software in property, plant and equipment, net on the consolidated balance sheets. This includes costs incurred in cloud computing arrangements ("CCA"), where it is both feasible and contractually permissible without significant penalty for us to take possession of the software. All other CCAs are considered service contracts, and the licensing and implementation costs incurred associated with such contracts are capitalized in other assets on the consolidated balance sheets. Capitalized internal-use software costs and capitalized implementation costs are amortized on a straight-line basis over the estimated useful lives of the software or arrangements. Our estimated useful lives of property, plant and equipment are generally as follows: Core systems 3 - 40 years Buildings 12 - 60 years Leasehold improvements 12 - 40 years Personal Property, including capitalized internal-use software 3 - 10 years Our construction in progress includes direct and indirect expenditures for the construction and expansion of IBX data centers and is stated at original cost. We contracted out substantially all of the construction and expansion efforts of our IBX data centers to independent contractors under construction contracts. Construction in progress includes costs incurred under construction contracts including project management services, engineering and schematic design services, design development, construction services and other construction-related fees and services. In addition, we capitalized interest costs during the construction phase. Once an IBX data center or expansion project becomes operational, these capitalized costs are allocated to certain property, plant and equipment categories and are depreciated over the estimated useful life of the underlying assets. We review our property, plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or an asset group may not be recoverable, such as a significant decrease in market price of an asset, a significant adverse change in the extent or manner in which an asset or an asset group is being used or its physical condition, a significant adverse change in legal factors or business climate that could affect the value of an asset or an asset group or a continuous deterioration of our financial condition. Recoverability of assets or asset groups to be held and used is assessed by comparing the carrying amount of an asset or an asset group to estimated undiscounted future net cash flows expected to be generated by the asset or the asset group. If the carrying amount of the asset or the asset group exceeds its estimated undiscounted future cash flows, an impairment charge is recognized in the amount by which the carrying amount of the asset or the asset group exceeds the fair value of the asset. We did not record any impairment charges related to our property, plant and equipment during the years ended December 31, 2021, 2020 and 2019. We enter into non-cancellable lease arrangements as the lessee primarily for our data center spaces, office spaces and equipment. Assets acquired through finance leases are included in property, plant and equipment, net on the consolidated balance sheets. In addition, a portion of our property, plant and equipment are used for revenue arrangements which are accounted for as operating leases where we are the lessor. Assets Held for Sale Assets and liabilities to be disposed of that meet all of the criteria to be classified as held for sale are reported at the lower of their carrying amounts or fair values less costs to sell. We recorded an impairment charge of $7.3 million relating to assets held for sale for the year ended December 31, 2020. Assets are not depreciated or amortized while they are classified as held for sale. For further information on our assets held for sale, see Note 5. Asset Retirement Costs and Asset Retirement Obligations Our asset retirement obligations are primarily related to our IBX data centers, of which the majority are leased under long-term arrangements and are required to be returned to the landlords in their original condition. The majority of our IBX data center leases have been subject to significant development by us in order to convert them from, in most cases, vacant buildings or warehouses into IBX data centers. The fair value of a liability for an asset retirement obligation is recognized in the period in which it is incurred. The associated retirement costs are capitalized and included as part of the carrying value of the long-lived asset and amortized over the useful life of the asset. Subsequent to the initial measurement, we accrete the liability in relation to the asset retirement obligations over time and the accretion expense is recorded as a cost of revenue. For further information on our leases, see Note 7. Goodwill and Other Intangible Assets We have three reportable segments comprised of the 1) Americas, 2) EMEA and 3) Asia-Pacific geographic regions, which we also determined are our reporting units. Goodwill is not amortized and is tested for impairment at least annually or more often if and when circumstances indicate that goodwill is not recoverable. We assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. Qualitative factors considered in the assessment include industry and market conditions, overall financial performance, and other relevant events and factors affecting the reporting unit. If, after assessing the qualitative factors, we determine that it is not more likely than not that the fair value of a reporting unit is less than its carrying value, then performing a quantitative impairment test is unnecessary. However, if we conclude otherwise, then we are required to perform a quantitative goodwill impairment test. The quantitative impairment test, which is used to identify both the existence of impairment and the amount of impairment loss, compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered impaired. If the carrying value of the reporting unit exceeds its fair value, any excess of the reporting unit goodwill carrying value over the respective implied fair value is recognized as an impairment loss. As of December 31, 2021, 2020 and 2019, we concluded that it was more likely than not that goodwill attributed to our Americas, EMEA and Asia-Pacific reporting units was not impaired as the fair value of each reporting unit exceeded the carrying value of its respective reporting unit, including goodwill. Substantially all of our intangible assets are subject to amortization and are amortized using the straight-line method over their estimated period of benefit. We perform a review of intangible assets for impairment by assessing events or changes in circumstances that indicate the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is assessed by comparing the carrying amount of an asset to estimated undiscounted future net cash flows expected to be generated by the asset. If the carrying amount of the asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the asset. We did not record any impairment charges related to our other intangible assets during the years ended December 31, 2021, 2020 and 2019. For further information on goodwill and other intangible assets, see Note 3 and Note 7 below. Debt Issuance Costs Costs and fees incurred upon debt issuances are capitalized and are amortized over the life of the related debt based on the effective interest method. Such amortization is included as a component of interest expense. Debt issuance costs related to outstanding debt are presented as a reduction of the carrying amount of the debt obligation and debt issuance costs related to the revolving credit facility are presented as other assets. For further information on debt facilities, see Note 11 below. Derivatives and Hedging Activities We use derivative instruments, including foreign currency forwards and options and cross-currency interest rate swaps, to manage certain foreign currency exposures. Derivative instruments are viewed as risk management tools by us and are not used for speculative purposes. We recognize all derivatives on our consolidated balance sheets at fair value. The accounting for changes in the value of a derivative depends on whether the contract qualifies and has been designated for hedge accounting. In order to qualify for hedge accounting, a derivative must be considered highly effective at reducing the risk associated with the exposure being hedged and there must be documentation of the risk management objective and strategy, including identification of the hedging instrument, the hedged item and the risk exposure, and the effectiveness assessment methodology. For cash flow hedges, we use regression analysis at the time they are designated to assess their effectiveness. Hedge designations are reviewed on a quarterly basis to assess whether circumstances have changed that would disrupt the hedge instrument's relationship to the forecasted transactions or net investment. We use the forward method to assess effectiveness of qualifying foreign currency forwards that are designated as cash flow hedges, whereby, the change in the fair value of the derivative is recorded in other comprehensive income (loss) and reclassified to the same line item in the consolidated statement of operations that is used to present the earnings effect of the hedged item when the hedged item affects earnings. We use the spot method to assess effectiveness of qualifying foreign currency exchange options that are designated as cash flow hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and reclassified to the same line item in the consolidated statement of operations that is used to present the earnings effect of the hedged item when the hedged item affects earnings, and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized on a straight-line basis to the same line item in the consolidated statement of operations that is used to present the earnings effect of the hedged item. When two or more derivative instruments in combination are jointly designated as a cash flow hedging instrument, as with foreign currency exchange option collars, they are treated as a single instrument. If the hedge relationship is terminated for any derivatives designated as cash flow hedges, then the change in fair value of the derivative recorded in other comprehensive income (loss) is recognized in earnings when the previously hedged item affects earnings, consistent with the original hedge strategy. For hedge relationships that are discontinued because the forecasted transaction is not expected to occur according to the original strategy, then any related derivative amounts recorded in other comprehensive income (loss) are immediately recognized in earnings. From time to time, we use derivative instruments, including treasury locks and swap locks (collectively, "interest rate locks") to manage certain interest rate exposures. An interest rate lock is a synthetic forward sale of a benchmark interest rate, which is settled in cash based upon the difference between an agreed upon rate at inception and the prevailing benchmark rate at settlement. It effectively fixes the benchmark rate component of an upcoming debt issuance. The interest rate lock transactions are designated as cash flow hedges, with all changes in value reported in other comprehensive income (loss). Subsequent to settlement, amounts in other comprehensive income are amortized to interest expense over the term of the forecasted hedged transaction which is equivalent to the term interest rate locks. We use the spot method to assess effectiveness of cross-currency interest rate swaps that are designated as net investment hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized to interest expense on a straight-line basis. From time to time, we also use foreign exchange forward contracts to hedge against the effect of foreign exchange rate fluctuations on a portion of its net investment in the foreign subsidiaries. We use the spot method to assess effectiveness of qualifying foreign currency forwards that are designated as net investment hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized to interest expense on a straight-line basis. Foreign currency gains or losses associated with derivatives that are not designated as hedging instruments for accounting purposes are recorded within other income (expense) in our consolidated statements of operations, with the exception of (i) foreign currency embedded derivatives contained in certain of our customer contracts and (ii) foreign exchange forward contracts that are entered into to hedge the accounting impact of the foreign currency embedded derivatives, which are recorded within revenues in our consolidated statements of operations. For further information on derivatives and hedging activities, see Note 8 below. Fair Value of Financial Instruments The carrying value of our cash and cash equivalents, short-term investments and derivative instruments represent their fair value, while our accounts receivable, accounts payable and accrued expenses and accrued property, plant and equipment approximate their fair value due primarily to the short-term maturity of the related instruments. The fair value of our debt, which is traded in the public debt market, is based on quoted market prices. The fair value of our debt, which is not publicly traded, is estimated by considering our credit rating, current rates available to us for debt of the same remaining maturities and terms of the debt. Fair Value Measurements We measure and report certain financial assets and liabilities at fair value on a recurring basis, including our investments in money market funds, certificates of deposit, publicly traded equity securities and derivatives. We also follow the accounting standard for the measurement of fair value for non-financial assets and liabilities on a nonrecurring basis. These include: • Non-financial assets and non-financial liabilities initially measured at fair value in a business combination or other new basis event, but not measured at fair value in subsequent reporting periods; • Reporting units and non-financial assets and non-financial liabilities measured at fair value for goodwill impairment tests; • Indefinite-lived intangible assets measured at fair value for impairment assessments; • Non-financial long-lived assets or asset groups measured at fair value for impairment assessments or disposal; • Asset retirement obligations initially measured at fair value but not subsequently measured at fair value; and • Assets and liabilities classified as held for sale are measured at fair value less costs to sell and reported at the lower of the carrying amounts or the fair values less costs to sell. For further information on fair value measurements, see Note 5 and Note 9 below. Leases On January 1, 2019, we adopted Topic 842 using the alternative transition method and recognized an insignificant cumulative effect of initially applying the standard as an adjustment to the opening balance of retained earnings. We enter into lease arrangements primarily for land, data center spaces, office spaces and equipment. At its inception, we determine whether an arrangement is or contains a lease. We recognize a right-of-use ("ROU") asset and lease liability on the consolidated balance sheet for all leases with a term longer than 12 months, including renewals options that we are reasonably certain to exercise. ROU assets represent our right to use an underlying asset for the lease term. Lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are classified and recognized at the commencement date. When there is a lease modification, including a change in lease term, we reassess its classification and remeasure the ROU asset and lease liability. ROU lease liabilities are measured based on the present value of fixed lease payments over the lease term. ROU assets consist of (i) initial measurement of the lease liability; (ii) lease payments made to the lessor at or before the commencement date less any lease incentives received; and (iii) initial direct costs incurred by us. Lease payments may vary because of changes in facts or circumstances occurring after the commencement, including changes in inflation indices. Variable lease payments that depend on an index or a rate (such as the Consumer Price Index or a market interest rate) are included in the measurement of ROU assets and lease liabilities using the index or rate at the commencement date. Subsequent changes to lease payments based on changes to the index and rate are accounted for as variable lease payments and recognized in the period they are incurred. Variable lease payments that do not depend on an index or a rate are excluded from the measurement of ROU assets and lease liabilities and are recognized in the period in which the obligation for those payments is incurred. Since most of our leases do not provide an implicit rate, we use our own incremental borrowing rate ("IBR") on a collateralized basis in determining the present value of lease payments. We utilize a market-based approach to estimate the IBR. The approach requires significant judgment. Therefore, we utilize different data sets to estimate IBRs via an analysis of (i) sovereign rates; (ii) yields on our outstanding public debt; and (iii) indicative pricing on both secured and unsecured debt received from banking partners. We also apply adjustments to account for considerations related to (i) tenor; and (ii) country credit rating that may not be fully incorporated by the aforementioned data sets. The majority of our lease arrangements include options to extend the lease. If we are reasonably certain to exercise such options, the periods covered by the options are included in the lease term. The depreciable lives of certain fixed assets and leasehold improvements are limited by the expected lease term. We have certain leases with an initial term of 12 months or less. For such leases, we elected not to recognize any ROU asset or lease liability on the consolidated balance sheet. We have lease agreements with lease and non-lease components. We elected to account for the lease and non-lease components as a single lease component for all classes of underlying assets for which we have identified as lease arrangements. For further information on leases, see Note 10 below. Revenue Revenue Recognition Equinix derives more than 90% of its revenues from recurring revenue streams, consisting primarily of (1) colocation, which includes the licensing of cabinet space and power; (2) interconnection offerings, such as cross connects and Equinix Exchange ports; (3) managed infrastructure solutions and (4) other revenues consisting of rental income from tenants or subtenants. The remainder of our revenues are from non-recurring revenue streams, such as installation revenues, professional services, contract settlements and equipment sales. Revenues by service lines and geographic areas are included in segment information. For further information on segment information, see Note 17 below. Under the revenue accounting guidance, revenues are recognized when control of these products and services is transferred to its customers, in an amount that reflects the consideration it expects to be entitled to in exchange for the products and services. Revenues from recurring revenue streams are generally billed monthly and recognized ratably over the term of the contract, generally 1 to 3 years for IBX data center colocation customers. Non-recurring installation fees, although generally paid upfront upon installation, are deferred and recognized ratably over the contract term. Professional service fees and equipment sales are recognized in the period when the services were provided. For the contracts with customers that contain multiple performance obligations, we account for individual performance obligations separately if they are distinct or as a series of distinct obligations if the individual performance obligations meet the series criteria. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. The transaction price is allocated to the separate performance obligation on a relative standalone selling price basis. The standalone selling price is determined based on overall pricing objectives, taking into consideration market conditions, geographic locations and other factors. Other judgments include determining if any variable consideration should be included in the total contract value of the arrangement such as price increases. Revenue is generally recognized on a gross basis as a principal versus on a net basis as an agent, as we are primarily responsible for fulfilling the contract, bear inventory risk and have discretion in establishing the price when selling to the customer. To the extent we do not meet the criteria for recognizing revenue on a gross basis, we record the revenue on a net basis. Revenue from contract settlements, when a customer wishes to terminate their contract early, is treated as a contract modification and recognized ratably over the remaining term of the contract, if any. We guarantee certain service levels, such as uptime, as outlined in individual customer contracts. If these service levels are not achieved due to any failure of the physical infrastructure or offerings, or in the event of certain instances of damage to customer infrastructure within our IBX data centers, we would reduce revenue for any credits or cash payments given to the customer. Historically, these credits and cash payments have not been significant. We enter into revenue contracts with customers for data centers and office spaces, which contain both lease and non-lease components. We elected to adopt the practical expedient which allows lessors to combine lease and non-lease components, by underlying class of asset, and account for them as one component if they ha

Revenue

Revenue	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Contract Balances The following table summarizes the opening and closing balances of our accounts receivable, net; contract assets, current; contract assets, non-current; deferred revenue, current; and deferred revenue, non-current (in thousands): Accounts receivable, net (1) Contract assets, current Contract assets, non-current Deferred revenue, current Deferred revenue, non-current Beginning balances as of January 1, 2021 $ 676,738 $ 13,534 $ 54,050 $ 101,258 $ 71,242 Closing balances as of December 31, 2021 681,809 65,392 55,486 109,736 87,495 Increase $ 5,071 $ 51,858 $ 1,436 $ 8,478 $ 16,253 Beginning balances as of January 1, 2020 $ 689,134 $ 10,033 $ 31,521 $ 76,193 $ 46,555 Closing balances as of December 31, 2020 676,738 13,534 54,050 101,258 71,242 Increase (Decrease) $ (12,396) $ 3,501 $ 22,529 $ 25,065 $ 24,687 (1) The net change in our allowance for credit losses was insignificant during the year ended December 31, 2021. The difference between the opening and closing balances of our accounts receivable, net, contract assets and deferred revenues primarily results from revenue growth and the timing difference between the satisfaction of our performance obligation and the customer's payment, as well as business combinations closed during the years ended December 31, 2021 and 2020. The amounts of revenue recognized during the years ended December 31, 2021, 2020 and 2019 from the opening deferred revenue balance were $93.1 million, $87.0 million and $87.3 million, respectively. For the years ended December 31, 2021, 2020 and 2019, no impairment loss related to contract balances was recognized in the consolidated statement of operations. Contract Costs The ending balances of net capitalized contract costs as of December 31, 2021 and 2020 were $325.5 million and $268.0 million, respectively, which were included in other assets in the consolidated balance sheet. $87.6 million, $85.4 million, and $72.9 million of contract costs were amortized during years ended December 31, 2021, 2020, and 2019, respectively, which were included in sales and marketing expense in the consolidated statement of operations. Remaining performance obligations As of December 31, 2021, approximately $9.1 billion of total revenues, including deferred installation revenues, are expected to be recognized in future periods. Most of our revenue contracts have an initial term varying from one The remaining performance obligations do not include variable consideration related to unsatisfied performance obligations such as the usage of metered power, service fees from xScale TM

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Pending Acquisition Acquisition of MainOne Cable Company Ltd. (the "MainOne Acquisition") On December 6, 2021, we entered into an agreement to purchase MainOne Cable Company Ltd. ("MainOne"), representing three operational data centers, with an additional facility under construction. We intend to acquire MainOne and its assets in an all-cash transaction at an enterprise value of approximately $320 million. The acquisition is expected to close in the second quarter of 2022, subject to customary conditions including regulatory approval. Upon the close of the acquisition, the operating results of the acquired business will be reported in the EMEA region. The MainOne Acquisition supports our ongoing expansion to meet customer demand in the West African market. 2021 Acquisition Acquisition of GPX India (the "GPX India Acquisition") On September 1, 2021, we completed the acquisition of GPX India, representing two data centers in Mumbai, India, for a total purchase consideration of approximately INR12.5 billion, or $170.5 million at the exchange rate in effect on that date. The GPX India Acquisition supports our ongoing expansion to meet customer demand in the market. 2020 Acquisitions Acquisition of Bell Data Centers (the "Bell Acquisition") On October 1, 2020, we completed the acquisition of 12 data center sites across Canada from Bell, with one additional data center in Ottawa Canada acquired on November 2, 2020, for a total combined purchase consideration of approximately C$934.3 million, or $704.0 million at the exchange rates in effect on those dates. The acquisition supports our ongoing expansion to meet customer demand in Canada. Acquisition of Packet (the "Packet Acquisition") On March 2, 2020, we acquired all outstanding shares and equity awards of Packet, a leading bare metal automation platform for a total purchase consideration of approximately $290.3 million in cash. In addition, we paid $16.1 million in cash to accelerate the vesting of unvested Packet equity awards for certain Packet employees, which was recorded as stock-based compensation expense during the three months ended March 31, 2020. In connection with the acquisition, we also issued restricted stock awards with an aggregated fair value of $30.2 million and a three-year vesting period, which will be recognized as stock-based compensation costs over the vesting period. The acquisition, combined with Equinix Metal TM , is expected to accelerate our strategy to help enterprises deploy hybrid multicloud architectures on our data center platform. Acquisition of data centers from Axtel (the "Axtel Acquisition") On January 8, 2020, we completed the acquisition of three data centers in Mexico from Axtel for a total purchase consideration of approximately $189.0 million, including $175.0 million in cash and $14.0 million we paid to the seller for recoverable value-added taxes ("VAT") incurred prior to the acquisition, which related to a corresponding VAT receivable acquired upon acquisition. The acquisition supports our ongoing expansion to meet customer demand in our Americas region. Purchase price allocation Each of these acquisitions constitute a business under the accounting standard for business combinations and, therefore, were accounted for as business combinations using the acquisition method of accounting. Under this method, the total purchase price is allocated to the assets acquired and liabilities assumed measured at fair value on the date of acquisition. As of December 31, 2021, we had not completed the detailed valuation analysis to derive the fair value of assets acquired and liabilities assumed from the GPX India Acquisition, including property, plant and equipment, intangible assets and the related tax impacts; therefore, the purchase price allocation is based on provisional estimates and subject to continuing management analysis. A summary of the final allocation of total purchase consideration is presented as follows (in thousands): GPX India (1) Bell (2) Packet Axtel Provisional Final Cash and cash equivalents $ 9,406 $ — $ 1,068 $ — Accounts receivable 4,399 — 5,098 — Other current assets 8,883 696 299 14,048 Property, plant and equipment 88,108 538,717 27,945 76,407 Operating lease right-of-use assets 62 14,359 1,519 1,646 Intangible assets 15,472 75,857 58,500 22,750 Goodwill 77,162 172,387 230,620 78,902 Deferred tax and other assets 20 722 138 — Total assets acquired 203,512 802,738 325,187 193,753 Accounts payable and accrued liabilities (1,569) (895) (1,275) (238) Other current liabilities (478) — (860) — Operating lease liabilities (62) (13,340) (1,519) (1,586) Finance lease liabilities (20,565) (80,026) (27,945) — Deferred tax and other liabilities (10,373) (4,495) (3,290) (2,911) Net assets acquired $ 170,465 $ 703,982 $ 290,298 $ 189,018 (1) For the GPX India Acquisition, the purchase price allocation adjustments since the provisional amounts reported as of September 30, 2021 were not significant. (2) For the Bell Acquisition, the purchase price allocation adjustments since the provisional amounts reported as of December 31, 2020 were not significant. Property, plant and equipment - The fair values of property, plant and equipment acquired from these four acquisitions were estimated by applying the cost approach, with the exception of land, which was estimated by applying the market approach. The key assumptions of the cost approach include replacement cost new, physical deterioration, functional and economic obsolescence, economic useful life, remaining useful life, age and effective age. Intangible assets - The following table presents certain information on the acquired intangible assets (in thousands): Intangible Assets Fair Value Estimated Useful Lives (Years) Weighted-average Estimated Useful Lives (Years) Discount Rate GPX India: Customer relationships (1) $ 15,472 15.0 15.0 11.0 % Bell: Customer relationships (1) 75,857 15.0 15.0 8.0 % Packet: Trade names (2) 1,300 3.0 3.0 8.0 % Existing technology (3) 5,100 3.0 3.0 8.0 % Customer relationships (1) 52,100 10.0 10.0 8.0 % Axtel: Customer relationships (1) 22,750 15.0 15.0 13.3 % (1) The fair values were estimated by calculating the present value of estimated future operating cash flows generated from existing customers less costs to realize the revenue. The rates reflect the nature of the assets as they relate to the risk and uncertainty of the estimated future operating cash flows, as well as the risk of the country within which the acquired business operates. (2) The fair value was estimated using the relief from royalty method, with a relief from royalty rate of 1.0%. (3) The fair value was estimated under the cost approach by projecting the cost to recreate a new asset with an equivalent utility of the existing technology. The key assumptions include total cost, time to recreate, opportunity cost and functional obsolescence. The discount rate was utilized for the opportunity cost assumption. Goodwill Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired and liabilities assumed. Goodwill is attributable to the workforce of the acquired business and the projected revenue increase expected to arise from future customers after these acquisitions. Goodwill from the Bell, Packet, and Axtel acquisitions is attributable to our Americas region and goodwill from the GPX India Acquisition is attributable to the Asia-Pacific region. Goodwill from the Bell Acquisition is expected to be deductible for local tax purposes while goodwill from the GPX India, Packet and Axtel Acquisitions are not deductible for local tax purposes. Revenues and net income and loss from operations The operating results of the GPX India Acquisition are reported in the Asia-Pacific region following the date of acquisition. During the year ended December 31, 2021, our results of operations from the GPX India Acquisition included $6.9 million of revenues and an insignificant amount of net income from operations. Transaction costs During the year ended December 31, 2021, the transaction costs for the GPX India Acquisition were insignificant. 2019 Acquisition On April 18, 2019, we completed the acquisition of Switch Datacenters' AMS1 data center business in Amsterdam, Netherlands, for a cash purchase price of approximately €30.6 million or approximately $34.3 million, at the exchange rate in effect on April 18, 2019.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the years ended December 31 (in thousands, except per share amounts): 2021 2020 2019 Net income $ 499,728 $ 370,074 $ 507,245 Net (income) loss attributable to non-controlling interests 463 (297) 205 Net income attributable to Equinix $ 500,191 $ 369,777 $ 507,450 Weighted-average shares used to calculate basic EPS 89,772 87,700 84,140 Effect of dilutive securities: Employee equity awards 637 710 539 Weighted-average shares used to calculate diluted EPS 90,409 88,410 84,679 EPS attributable to Equinix: Basic EPS $ 5.57 $ 4.22 $ 6.03 Diluted EPS $ 5.53 $ 4.18 $ 5.99 The following table sets forth potential shares of common stock that are not included in the diluted EPS calculation above because to do so would be anti-dilutive for the years ended December 31 (in thousands): 2021 2020 2019 Common stock related to employee equity awards 206 19 21 Total 206 19 21

Assets Held for Sale

Assets Held for Sale	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Assets Held for Sale	Assets Held for Sale In October 2021, we entered into an agreement to form a joint venture in the form of a limited liability partnership with PGIM Real Estate ("PGIM"), to develop and operate xScale TM data centers in Asia-Pacific (the "Asia-Pacific 2 Joint Venture"). xScale data centers are engineered to meet the technical and operational requirements and price points of core hyperscale workload deployments and also offer access to our comprehensive suite of interconnection and edge services. Upon closing, PGIM will contribute cash in exchange for an 80% partnership interest in the Asia-Pacific 2 Joint Venture. We agreed to sell the Sydney 9 ("SY9") data center site in exchange for a 20% partnership interest in the Asia-Pacific 2 Joint Venture and cash proceeds. The assets and liabilities of the SY9 data center, which are currently included within our Asia-Pacific region, were classified as held for sale as of September 30, 2021 and remained held for sale as of December 31, 2021. In June 2021, we entered into an agreement to form another joint venture in the form of a limited liability partnership with GIC, Singapore's sovereign wealth fund ("GIC"), to develop and operate additional xScale data centers in Europe and the Americas (the “EMEA 2 Joint Venture”). The assets and liabilities of the data center sites expected to be sold to the EMEA 2 Joint Venture within a year were classified as held for sale as of June 30, 2021. The transaction was structured to close in phases over the course of two years, pending regulatory approval and other closing conditions. The first phase of the transaction, comprised of data center sites located in Frankfurt, Helsinki, Madrid, Milan and Paris, closed in September 2021. Upon closing, we sold these data center sites in exchange for a total consideration of $144.0 million, which is comprised of $106.4 million of net cash proceeds, a 20% partnership interest in the EMEA 2 Joint Venture with a fair value of $30.4 million, and $7.2 million of receivables. During the year ended December 31, 2021, we recognized an insignificant gain on the sale of these xScale data center facilities. In October 2021, we completed the sale of the Sao Paulo 5 ("SP5") data center to the EMEA 2 Joint Venture in exchange for a total consideration of $34.3 million. During the year ended December 31, 2021, we recognized an insignificant loss on the sale of the SP5 data center. The assets and liabilities of the Warsaw 4 ("WA4") data center site, which is currently included within our EMEA region and is expected to be sold to the EMEA 2 Joint Venture in a future phase, were classified as held for sale as of June 30, 2021 and remained held for sale as of December 31, 2021. Additionally, we entered negotiations to sell the Mexico 3 ("MX3") data center site in connection with the formation of a new joint venture with GIC (the "AMER 1 Joint Venture"). Given that the key terms of the sale had been substantially agreed upon as of September 30, 2021, the assets and liabilities of the MX3 data center, which are currently included within our Americas region, were classified as held for sale as of September 30, 2021 and remained held for sale as of December 31, 2021. In May 2021, we entered into an agreement to sell the Dublin 5 ("DB5") data center site to the EMEA 1 Joint Venture (as defined in Note 6 below). The assets and liabilities of the DB5 data center, which were included within our EMEA region, were classified as held for sale as of June 30, 2021. In July 2021, we sold the DB5 data center in exchange for a total consideration of $77.9 million. During the year ended December 31, 2021, we recognized a total gain of $15.8 million on the sale of the DB5 data center. All assets and liabilities classified as held for sale are reported at the lower of their carrying amounts or fair values less costs to sell. The following table summarizes the assets and liabilities that were classified as assets and liabilities held for sale in the consolidated balance sheet as of December 31, 2021 (in thousands): December 31, 2021 Operating lease right-of-use assets $ 12,835 Property, plant and equipment 260,182 Other assets 3,178 Total assets held for sale $ 276,195 Accounts payable and accrued expenses $ 510 Current portion of operating lease liabilities 2,039 Operating lease liabilities, less current portion 348 Accrued property, plant and equipment 18,127 Total liabilities held for sale (1) $ 21,024 (1) Liabilities held for sale were included within other current liabilities on the consolidated balance sheet. Sale of xScale™ data center facilities in Europe in 2020 In September 2020, we entered into an agreement to sell its Paris 9 ("PA9") data center to the EMEA 1 Joint Venture. The assets and liabilities of the PA9 data center, which were included within our EMEA region, were classified as held for sale as of September 30, 2020. On December 15, 2020, we closed the transaction for a total consideration of $131.5 million, which is comprised of 1) cash proceeds of $124.6 million, 2) a contract asset with a fair value of $5.6 million and 3) an insignificant amount of contingent consideration that is receivable upon completion of certain performance milestones. During the year ended December 31, 2020, we recognized an insignificant loss on the sale of the PA9 data center. In connection with this transaction, we have a commitment with the EMEA 1 Joint Venture to complete a residual portion of the PA9 data center for an estimated cost of $17.7 million on December 31, 2020, reimbursable upon completion. The contingent consideration recognized on the EMEA 1 Joint Venture transaction noted above, along with the 2019 EMEA 1 Joint Venture transaction, are considered derivatives and are remeasured at fair value each reporting period using inputs such as probabilities of payment, discount rates, foreign currency forward rates and projected payment dates. The fair value measurements were based on significant inputs that are not observable in the market and thus represent Level 3 measurements. As of December 31, 2021 and 2020, the total fair value of the contingent consideration was $5.3 million and $44.2 million, respectively, which was included in other current assets and other assets on the consolidated balance sheet. Changes in the fair value of the contingent consideration were recorded in gain (loss) on asset sales on the consolidated statement of operations. Sale of xScale™ data center facilities in Asia-Pacific in 2020 In April 2020, we entered into an agreement to form a joint venture in the form of a limited liability partnership with GIC to develop and operate xScale ™ data centers in Asia-Pacific (the “Asia-Pacific 1 Joint Venture”), with ownership upon close for GIC and our company being established at 80% and 20%, respectively. The assets and liabilities of three Japan xScale ™ data center sites, the Osaka 2, Tokyo 12, and Tokyo 14 development sites, which were included within our Asia-Pacific region, were classified as held for sale as of June 30, 2020. In the third quarter of 2020, we recorded an impairment charge of $7.3 million, reducing the carrying value of the development site assets to the estimated fair value less cost to sell. On December 17, 2020, we closed the transaction including the sale of the three development sites to the Asia-Pacific 1 Joint Venture in exchange for $209.8 million of cash proceeds and $15.6 million of receivables. During the year ended December 31, 2020, we recognized an insignificant gain on the sale of these xScale ™ data center development sites.

Equity Method Investments

Equity Method Investments	12 Months Ended
	Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Equity Method Investments The following table summarizes our equity method investments (in thousands), which were included in other assets on the consolidated balance sheets as of December 31 (in thousands): Investee Ownership Percentage 2021 2020 EMEA 1 Joint Venture with GIC 20 % $ 131,516 $ 101,892 EMEA 2 Joint Venture with GIC 20 % 34,944 — Asia-Pacific 1 Joint Venture with GIC 20 % 60,108 43,432 Other Various 18,481 17,747 Total $ 245,049 $ 163,071 Non - Variable Interest Entity (VIE) Joint Venture EMEA 1 Joint Venture In 2019, we entered into a joint venture in the form of a limited liability partnership with GIC (the "EMEA 1 Joint Venture"), to develop and operate xScale data centers in Europe. The EMEA 1 Joint Venture is not a variable interest entity ("VIE") given that both equity investors' interests have the characteristics of a controlling financial interest and it is sufficiently capitalized to sustain its operations, requiring additional funding from its partners only when expanding operations. Our share of income and losses of equity method investments from this joint venture was insignificant for the years ended December 31, 2021 and 2020 and was included in other income (expense) on the consolidated statement of operations. We committed to make future equity contributions to the EMEA 1 Joint Venture for funding its future development. As of December 31, 2021, we had future equity contribution commitments of $26.0 million. VIE Joint Ventures Asia-Pacific 1 and EMEA 2 Joint Ventures In 2020, we entered into a second joint venture in the form of a limited liability partnership with GIC (the "Asia-Pacific 1 Joint Venture") to develop and operate xScale data centers in Asia-Pacific. In 2021, we entered into another joint venture in the form of a limited liability partnership with GIC (the "EMEA 2 Joint Venture") to develop and operate additional xScale data centers in Europe and the Americas (see Note 5 above). For both the Asia-Pacific 1 Joint Venture and the EMEA 2 Joint Venture, we provide certain management services to their operations and earn fees for the performance of such services. Both joint ventures do not have sufficient funds from operations to be self-sustaining, thus are considered VIEs. The power to direct the activities of these joint ventures that most significantly impact economic performance is shared equally between GIC and us. These activities include data center construction and operations, sales and marketing, financing, and real estate purchases or sales. Decisions about these activities require the consent of both GIC and us. We concluded that neither party is deemed to have predominant control over the Asia-Pacific 1 Joint Venture and EMEA 2 Joint Venture and neither party is considered to be the primary beneficiary. During the years ended December 31, 2021 and 2020, respectively, our share of income and losses of equity method investments from these joint ventures was insignificant both individually and in aggregate, and was included in other income (expense) on the consolidated statement of operations. The following table summarizes our maximum exposure to loss related to the Asia-Pacific 1 Joint Venture and EMEA 2 Joint Venture as of December 31, 2021 (in thousands): Asia-Pacific 1 Joint Venture EMEA 2 Joint Venture Equity Investment $ 60,108 $ 34,944 Outstanding Receivables 2,124 26,953 Future Equity Contribution Commitments 1 11,424 64,875 Maximum Future Payments under Debt Guarantees 2 N/A 3 38,118 Total $ 73,656 $ 164,890 (1) The joint ventures' partners are required to make additional equity contributions proportionately upon certain occurrences, such as a shortfall in capital necessary to complete certain construction phases or make interest payments on their outstanding debt. (2) In connection with our 20% equity investment in the EMEA 2 Joint Venture, we provided the lenders with our guarantees covering 20% of all payments of principal and interest due under EMEA 2 Joint Venture's credit facility agreements (see Note 15).

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Balance Sheet Components	Balance Sheet Components Cash, Cash Equivalents and Short-Term Investments Cash, cash equivalents and short-term investments consisted of the following as of December 31 (in thousands): 2021 2020 Cash and cash equivalents: Cash $ 950,677 $ 993,798 Cash equivalents: Money market funds 585,681 611,071 Total cash and cash equivalents 1,536,358 1,604,869 Short-term investments: Certificates of deposit — 4,373 Publicly traded equity securities — 159 Total short-term investments — 4,532 Total cash, cash equivalents and short-term investments $ 1,536,358 $ 1,609,401 As of December 31, 2021 and 2020, cash and cash equivalents included investments which were readily convertible to cash and had original maturity dates of 90 days or less. Accounts Receivable Trade accounts receivable are recorded at the invoiced amount and generally do not bear interest. Accounts receivable, net, consisted of the following as of December 31 (in thousands): 2021 2020 Accounts receivable $ 693,444 $ 687,415 Allowance for credit losses (11,635) (10,677) Accounts receivable, net $ 681,809 $ 676,738 The following table summarizes the activity of our allowance for credit losses (in thousands): Balance as of December 31, 2018 $ 15,950 Provision for doubtful accounts 8,459 Net write-offs (11,341) Impact of foreign currency exchange (42) Balance as of December 31, 2019 13,026 Adjustments due to adoption of ASU 2016-13 900 Provision for doubtful accounts 5,069 Net write-offs (10,050) Impact of foreign currency exchange 1,732 Balance as of December 31, 2020 10,677 Provision for doubtful accounts 10,016 Net write-offs (8,295) Impact of foreign currency exchange (763) Balance as of December 31, 2021 $ 11,635 Other Current Assets Other current assets consisted of the following as of December 31 (in thousands): 2021 2020 Prepaid expenses $ 65,224 $ 61,424 Taxes receivable 128,123 125,614 Restricted cash, current 12,188 11,135 Other receivables 59,224 44,333 Derivative instruments 117,432 8,906 Contract assets, current 65,392 13,534 Other current assets (1) 15,156 58,070 Total other current assets $ 462,739 $ 323,016 (1) Other current assets included $5.3 million and $44.2 million of the current portion of the fair value of the contingent consideration from the sale of xScale ™ data center facilities to the EMEA 1 Joint Venture as of December 31, 2021 and 2020, respectively. See Note 5 for further discussion. Property, Plant and Equipment, Net Property, plant and equipment, net consisted of the following as of December 31 (in thousands): 2021 2020 Core systems $ 10,808,417 $ 9,659,908 Buildings 7,381,644 6,557,121 Leasehold improvements 2,022,617 1,946,644 Construction in progress 967,562 1,363,917 Personal property (1) 1,551,642 1,207,669 Land 970,982 944,094 23,702,864 21,679,353 Less accumulated depreciation (8,257,089) (7,176,269) Property, plant and equipment, net $ 15,445,775 $ 14,503,084 (1) Personal property included $1.2 billion and $885.5 million of capitalized internal-use software as of December 31, 2021 and 2020, respectively. Goodwill and Other Intangibles The following table presents goodwill and other intangible assets, net, for the years ended December 31, 2021 and 2020 (in thousands): 2021 2020 Goodwill: Americas $ 2,210,009 $ 2,212,782 EMEA 2,472,586 2,611,166 Asia-Pacific 689,476 648,605 $ 5,372,071 $ 5,472,553 Intangible assets, net: Intangible assets - customer relationships $ 2,841,372 $ 2,891,060 Intangible assets - trade names 11,471 11,512 Intangible assets - in-place leases 32,760 33,770 Intangible assets - licenses 9,697 9,697 Intangible assets - at-the-money lease contracts (1) 60,455 64,905 Intangible assets - other 12,546 12,802 2,968,301 3,023,746 Accumulated amortization - customer relationships (987,462) (818,370) Accumulated amortization - trade names (3,207) (2,337) Accumulated amortization - in-place leases (22,847) (20,037) Accumulated amortization - licenses (5,821) (6,600) Accumulated amortization - other (2) (13,697) (5,457) (1,033,034) (852,801) Total intangible assets, net $ 1,935,267 $ 2,170,945 (1) In December 2020, we acquired an at-the-money lease contract intangible asset through an asset acquisition in Amsterdam. This intangible asset represents premiums paid to acquire a land lease at market terms. The lease has a remaining lease term of 12 years with available renewal options in 50-year increments. The intangible asset has an estimated amortization period of 12 years. The total purchase consideration for this asset acquisition was $49.4 million and we recorded $16.1 million of deferred tax liability in connection with this purchase. The transaction was accounted for as an asset acquisition since substantially all of the fair value of the acquired assets is for the identified at-the-money lease intangible asset. (2) Accumulated amortization - other includes an insignificant amount of amortization of at-the-money lease contracts. Changes in the carrying amount of goodwill by geographic regions are as follows (in thousands): Americas EMEA Asia-Pacific Total Balance as of December 31, 2019 $ 1,741,689 $ 2,426,306 $ 613,863 $ 4,781,858 Purchase of Packet 230,620 — — 230,620 Purchase of Bell 170,548 — — 170,548 Purchase of Axtel 78,902 — — 78,902 Sale of xScale data center facilities — — (7,306) (7,306) Impact of foreign currency exchange (8,977) 184,860 42,048 217,931 Balance as of December 31, 2020 2,212,782 2,611,166 648,605 5,472,553 Purchase of GPX — — 77,162 77,162 Impact of foreign currency exchange (2,773) (138,580) (36,291) (177,644) Balance as of December 31, 2021 $ 2,210,009 $ 2,472,586 $ 689,476 $ 5,372,071 Changes in the net book value of intangible assets by geographic regions are as follows (in thousands): Americas EMEA Asia-Pacific Total Balance as of December 31, 2018 $ 1,578,971 $ 543,860 $ 210,465 $ 2,333,296 ASC 842 adoption adjustment (108) (20,692) (2,405) (23,205) Switch AMS1 data center acquisition — 4,889 — 4,889 Asset sales - NY12 data center (8,412) — — (8,412) Other — 1,096 472 1,568 Amortization of intangibles (125,390) (54,432) (16,456) (196,278) Impact of foreign currency exchange (1,769) (8,157) 457 (9,469) Balance as of December 31, 2019 1,443,292 466,564 192,533 2,102,389 Axtel acquisition 22,750 — — 22,750 Packet acquisition 58,500 — — 58,500 Bell acquisition 75,631 — — 75,631 Other asset acquisition (1) — 64,905 — 64,905 Amortization of intangibles (133,608) (49,417) (16,022) (199,047) Impact of foreign currency exchange (3,476) 35,975 13,318 45,817 Balance as of December 31, 2020 1,463,089 518,027 189,829 2,170,945 GPX acquisition — — 15,472 15,472 Amortization of intangibles (133,289) (55,807) (16,388) (205,484) Impact of foreign currency exchange (2,047) (30,278) (13,341) (45,666) Balance as of December 31, 2021 $ 1,327,753 $ 431,942 $ 175,572 $ 1,935,267 (1) For further discussion, refer to footnote 1 of the table on the previous page. Goodwill and intangible assets which are denominated in currencies other than the U.S. Dollar are subject to foreign currency fluctuations. Our foreign currency translation gains and losses, including goodwill and intangibles, are a component of other comprehensive income and loss. Estimated future amortization expense related to these intangibles is as follows (in thousands): Years ending: 2022 $ 196,744 2023 195,030 2024 193,722 2025 191,158 2026 190,802 Thereafter 967,811 Total $ 1,935,267 Other Assets Other assets consisted of the following as of December 31 (in thousands): 2021 2020 Deferred tax assets, net $ 59,816 $ 66,424 Prepaid expenses (1) 87,758 82,443 Debt issuance costs, net 2,130 4,261 Deposits 70,548 69,043 Restricted cash 908 9,691 Derivative instruments 59,917 2,793 Contract assets, non-current 55,486 54,050 Contract costs 325,510 267,978 Equity method investments 245,049 163,071 Other assets (2) 18,944 56,293 Total other assets $ 926,066 $ 776,047 (1) Prepaid expenses included $46.0 million and $21.1 million of capitalized CCA implementation costs, net as of December 31, 2021 and 2020, respectively. (2) In connection with the Metronode Acquisition in 2018, we had indemnification assets of $42.8 million as of December 31, 2020, which represented the seller's obligation under the purchase agreement to reimburse pre-acquisition tax liabilities settled after the acquisition. The amount was insignificant as of December 31, 2021. Accounts Payable and Accrued Expenses Accounts payable and accrued expenses consisted of the following as of December 31 (in thousands): 2021 2020 Accounts payable $ 84,084 $ 77,705 Accrued compensation and benefits 364,783 317,117 Accrued interest 81,893 79,437 Accrued taxes (1) 117,061 153,804 Accrued utilities and security 94,251 76,910 Accrued other 137,072 139,889 Total accounts payable and accrued expenses $ 879,144 $ 844,862 (1) Accrued taxes included income taxes payable of $51.3 million and $59.8 million as of December 31, 2021 and 2020, respectively. Other Current Liabilities Other current liabilities consisted of the following as of December 31 (in thousands): 2021 2020 Deferred revenue, current $ 109,736 $ 101,258 Customer deposits 16,380 17,115 Derivative instruments 13,373 188,726 Dividends payable, current 12,027 10,873 Asset retirement obligations 8,756 3,993 Other current liabilities 54,247 32,403 Total other current liabilities $ 214,519 $ 354,368 Other Liabilities Other liabilities consisted of the following as of December 31 (in thousands): 2021 2020 Asset retirement obligations $ 108,800 $ 109,776 Deferred tax liabilities, net 340,287 290,366 Deferred revenue, non-current 87,495 71,242 Accrued taxes 124,032 178,371 Dividends payable, non-current 9,750 7,947 Customer deposits 1,534 1,088 Derivative instruments 20,899 211,733 Other liabilities 70,614 78,476 Total other liabilities $ 763,411 $ 948,999 The following table summarizes the activities of our asset retirement obligation ("ARO") (in thousands): Asset retirement obligations as of December 31, 2018 $ 96,663 Additions 6,980 Adjustments (1) (7,969) Accretion expense 6,290 Impact of foreign currency exchange 451 Asset retirement obligations as of December 31, 2019 102,415 Additions 5,909 Adjustments (1) (4,241) Accretion expense 6,331 Impact of foreign currency exchange 3,355 Asset retirement obligations as of December 31, 2020 113,769 Additions 7,483 Adjustments (1) (6,591) Accretion expense 6,518 Impact of foreign currency exchange (3,623) Asset retirement obligations as of December 31, 2021 $ 117,556 (1) The ARO adjustments are primarily due to lease amendments and acquisition of real estate assets, as well as other adjustments.

Derivatives and Hedging Instrum

Derivatives and Hedging Instruments	12 Months Ended
	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Instruments	Derivatives and Hedging Instruments Derivatives Designated as Hedging Instruments Net Investment Hedges. We are exposed to the impact of foreign exchange rate fluctuations on the value of investments in our foreign subsidiaries whose functional currencies are other than the U.S. Dollar. In order to mitigate the impact of foreign currency exchange rates, we have entered into various foreign currency debt obligations, which are designated as hedges against our net investments in foreign subsidiaries. As of December 31, 2021 and 2020, the total principal amounts of foreign currency debt obligations designated as net investment hedges were $1.5 billion and $1.9 billion, respectively. We also use cross-currency interest rate swaps, which effectively convert a portion of our U.S. dollar-denominated fixed-rate debt to foreign currency-denominated fixed-rate debt, to hedge the currency exposure associated with our net investment in our foreign subsidiaries. As of December 31, 2021 and 2020, we had cross-currency interest rate swaps outstanding with notional amounts of $4.0 billion and $3.3 billion respectively, with maturity dates ranging through 2026. From time to time, we use foreign currency forward contracts to hedge against the effect of foreign exchange rate fluctuations on our net investment in our foreign subsidiaries. As of December 31, 2021 and 2020, the total notional amount of foreign currency forward contracts designated as net investment hedges were $375.7 million and $355.6 million respectively. The effect of net investment hedges on accumulated other comprehensive income and the consolidated statements of operations for the years ended December 31, 2021, 2020 and 2019 was as follows (in thousands): Amount of gain or (loss) recognized in accumulated other comprehensive income: Years Ended December 31, 2021 2020 2019 Foreign currency debt $ 93,945 $ (208,281) $ 47,033 Cross-currency interest rate swaps (included component) (1) 282,935 (218,843) 15,514 Cross-currency interest rate swaps (excluded component) (2) (52,517) (347) 10,737 Foreign currency forward contracts (included component) (1) 2,621 (17,115) — Foreign currency forward contracts (excluded component) (3) (2) 32 — Total $ 326,982 $ (444,554) $ 73,284 Amount of gain or (loss) recognized in earnings: Location of gain or (loss) Years Ended December 31, 2021 2020 2019 Cross-currency interest rate swaps (excluded component) (2) Interest expense $ 44,933 $ 27,196 $ 19,261 Foreign currency forward contracts (excluded component) (3) Interest expense 242 42 — Total $ 45,175 $ 27,238 $ 19,261 (1) Included component represents foreign exchange spot rates. (2) Excluded component represents cross-currency basis spread and interest rates. (3) Excluded component represents foreign currency forward points. Cash Flow Hedges . We hedge our foreign currency transaction exposure for forecasted revenues and expenses in our EMEA region between the U.S. Dollar and the British Pound, Euro, Swedish Krona and Swiss Franc. The foreign currency forward and option contracts that we use to hedge this exposure are designated as cash flow hedges. As of December 31, 2021 and 2020, the total notional amounts of these foreign exchange contracts were $831.2 million and $912.9 million, respectively. As of December 31, 2021, our foreign currency cash flow hedge instruments had maturity dates ranging from January 2022 to December 2023 and we had a net gain of $13.3 million recorded within accumulated other comprehensive income (loss) to be reclassified to revenues and expenses relating to these cash flow hedges as they mature in the next 12 months. As of December 31, 2020, our foreign currency cash flow hedge instruments had maturity dates ranging from January 2021 to December 2022 and we had a net loss of $35.4 million recorded within accumulated other comprehensive income (loss) to be reclassified to revenues and expenses relating to these cash flow hedges as they mature in the next 12 months. We enter into intercompany hedging instruments ("intercompany derivatives") with our wholly-owned subsidiaries in order to hedge certain forecasted revenues and expenses denominated in currencies other than the U.S. Dollar. Simultaneously, we enter into derivative contracts with unrelated third parties to externally hedge the net exposure created by such intercompany derivatives. We hedge the interest rate exposure created by anticipated fixed rate debt issuances through the use of treasury locks and swap locks (collectively, interest rate locks), which are designated as cash flow hedges. As of December 31, 2021, the total notional amount of interest rate locks outstanding was $800.0 million. As of December 31, 2020, we had no interest rate locks outstanding. During the year ended December 31, 2021, interest rate locks with a combined aggregate notional amount of $1.3 billion were settled related to the issuance of senior notes during the year. When interest rate locks are settled, any gain or loss from the transactions is deferred and included as a component of other comprehensive income (loss) and is amortized to interest expense over the term of the forecasted hedged transaction which is equivalent to the term of the interest rate locks. As of December 31, 2021 and 2020, we had a net loss of $3.9 million and $4.1 million, respectively, recorded within accumulated other comprehensive income (loss) to be reclassified to interest expense in the next 12 months for interest rate locks. The effect of cash flow hedges on accumulated other comprehensive income and the consolidated statements of operations for the years ended December 31, 2021, 2020 and 2019 was as follows (in thousands): Amount of gain or (loss) recognized in accumulated other comprehensive income: Years Ended December 31, 2021 2020 2019 Foreign currency forward and option contracts (included component) (1) $ 67,767 $ (68,573) $ (9,945) Foreign currency option contracts (excluded component) (2) 151 1,655 (1,807) Interest rate locks 9,624 (30,393) 4,972 Total $ 77,542 $ (97,311) $ (6,780) Amount of gain or (loss) reclassified from accumulated other comprehensive income to income: Years Ended December 31, Location of gain or (loss) 2021 2020 2019 Foreign currency forward contracts Revenues $ (39,297) $ 37,198 $ 80,046 Foreign currency forward contracts Costs and operating expenses 20,496 (19,890) (41,262) Interest rate locks Interest Expense (4,056) (1,204) 79 Total $ (22,857) $ 16,104 $ 38,863 Amount of gain or (loss) excluded from effectiveness testing and included in income: Years Ended December 31, Location of gain or (loss) 2021 2020 2019 Foreign currency forward contracts Other income (expense) $ — $ — $ 88 Foreign currency option contracts (excluded component) (2) Revenues (244) (1,761) (1,082) Total $ (244) $ (1,761) $ (994) (1) Included component represents foreign exchange spot rates. (2) Excluded component represents option's time value. Derivatives Not Designated as Hedging Instruments Embedded Derivatives . We are deemed to have foreign currency forward contracts embedded in certain of our customer agreements that are priced in currencies different from the functional or local currencies of the parties involved. These embedded derivatives are separated from their host contracts and carried on our balance sheet at their fair value. The majority of these embedded derivatives arise as a result of our foreign subsidiaries pricing their customer contracts in U.S. Dollars. Economic Hedges of Embedded Derivatives . We use foreign currency forward contracts to manage the foreign exchange risk associated with our customer agreements that are priced in currencies different from the functional or local currencies of the parties involved ("economic hedges of embedded derivatives"). Foreign currency forward contracts represent agreements to exchange the currency of one country for the currency of another country at an agreed-upon price on an agreed-upon settlement date. Foreign Currency Forward Contracts . We also use foreign currency forward contracts to manage the foreign exchange risk associated with certain foreign currency-denominated monetary assets and liabilities. As a result of foreign currency fluctuations, the U.S. Dollar equivalent values of our foreign currency-denominated monetary assets and liabilities change. Gains and losses on these contracts are included in other income (expense), on a net basis, along with the foreign currency gains and losses of the related foreign currency-denominated monetary assets and liabilities associated with these foreign currency forward contracts. As of December 31, 2021 and 2020, the total notional amounts of these foreign currency contracts were $3.3 billion and $3.4 billion, respectively. The following table presents the effect of derivatives not designated as hedging instruments in our consolidated statements of operations (in thousands): Amount of gain or (loss) recognized in earnings: Years Ended December 31, Location of gain or (loss) 2021 2020 2019 Embedded derivatives Revenues $ 3,503 $ (3,043) $ 63 Economic hedge of embedded derivatives Revenues (5,937) 2,142 550 Foreign currency forward contracts Other income (expense) 129,496 (127,648) 36,846 Total $ 127,062 $ (128,549) $ 37,459 Fair Value of Derivative Instruments The following table presents the fair value of derivative instruments recognized in our consolidated balance sheets as of December 31, 2021 and 2020 (in thousands): December 31, 2021 December 31, 2020 Assets (1) Liabilities (2) Assets (1) Liabilities (2) Designated as hedging instruments: Cash flow hedges Foreign currency forward and option contracts $ 22,866 $ 7,618 $ 351 $ 52,804 Interest rate locks 8,662 — — — Net investment hedges Cross-currency interest rate swaps 56,921 19,441 — 192,939 Foreign currency forward contracts 156 70 — 17,041 Total designated as hedging 88,605 27,129 351 262,784 Not designated as hedging instruments: Embedded derivatives 3,247 652 3,255 3,858 Economic hedges of embedded derivatives 2,232 637 4,372 12 Foreign currency forward contracts 83,265 5,854 3,721 133,805 Total not designated as hedging 88,744 7,143 11,348 137,675 Total Derivatives $ 177,349 $ 34,272 $ 11,699 $ 400,459 (1) As presented in our consolidated balance sheets within other current assets and other assets. (2) As presented in our consolidated balance sheets within other current liabilities and other liabilities. Offsetting Derivative Assets and Liabilities We enter into master netting agreements with our counterparties for transactions other than embedded derivatives to mitigate credit risk exposure to any single counterparty. Master netting agreements allow for individual derivative contracts with a single counterparty to offset in the event of default. For presentation on the consolidated balance sheets, we do not offset fair value amounts recognized for derivative instruments or the accrued interest related to cross-currency interest rate swaps under master netting arrangements. The following table presents information related to these offsetting arrangements as of December 31, 2021 and 2020 (in thousands): Gross Amounts Offset in Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts Gross Amounts not Offset in the Balance Sheet Net December 31, 2021 Derivative assets $ 207,037 $ — $ 207,037 $ (47,538) $ 159,499 Derivative liabilities 49,326 — 49,326 (47,538) 1,788 December 31, 2020 Derivative assets $ 38,447 $ — $ 38,447 $ (35,100) $ 3,347 Derivative liabilities 415,628 — 415,628 (35,100) 380,528

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Valuation Methods Fair value estimates are made as of a specific point in time based on methods using the market approach valuation method which uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities or other valuation techniques. These techniques involve uncertainties and are affected by the assumptions used and the judgments made regarding risk characteristics of various financial instruments, discount rates, estimates of future cash flows, future expected loss experience and other factors. Cash Equivalents and Investments. The fair value of our investments in money market funds approximates their face value. Such instruments are included in cash equivalents. Our money market funds and publicly traded equity securities are classified within Level 1 of the fair value hierarchy because they are valued using quoted prices for identical instruments in active markets. The fair value of our other investments, including certificates of deposit, approximates their face value. The fair value of these investments is priced based on the quoted market price for similar instruments or nonbinding market prices that are corroborated by observable market data. Such instruments are classified within Level 2 of the fair value hierarchy. We determine the fair values of our Level 2 investments by using inputs such as actual trade data, benchmark yields, broker/dealer quotes and other similar data, which are obtained from quoted market prices, custody bank, third-party pricing vendors or other sources. We use such pricing data as the primary input to make its assessments and determinations as to the ultimate valuation of our investment portfolio and has not made, during the periods presented, any material adjustments to such inputs. We are responsible for our consolidated financial statements and underlying estimates. We use the specific identification method in computing realized gains and losses. Realized gains and losses from the sale of investments are included within other income (expense) in our consolidated statements of operations. Our investments in publicly traded equity securities are carried at fair value. Unrealized gains and losses on publicly traded equity securities are reported within other income (expense) in our consolidated statements of operations. Derivative Assets and Liabilities . Inputs used for valuations of derivatives are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant inputs are observable in the market or can be corroborated by observable market data. The significant inputs used include spot currency rates and forward points, interest rate curves, and published credit default swap rates of its foreign exchange trading counterparties and other comparable companies. We have determined that the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, therefore the derivatives are categorized as Level 2. Other than the assets and liabilities that were classified as held for sale as described in Note 5 above, we did not have any nonfinancial assets or liabilities measured at fair value on a recurring basis during the years ended December 31, 2021 and 2020. Our financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2021 were as follows (in thousands): Fair Value at December 31, 2021 Fair Value Level 1 Level 2 Assets: Money market and deposit accounts $ 585,681 $ 585,681 $ — Derivative instruments (1) 177,349 — 177,349 $ 763,030 $ 585,681 $ 177,349 Liabilities: Derivative instruments (1) $ 34,272 $ — $ 34,272 (1) Amounts are included within other current assets, other assets, other current liabilities and other liabilities in the consolidated balance sheets. Our financial assets and liabilities measured at fair value on a recurring basis at December 31, 2020 were as follows (in thousands): Fair Value at Fair Value 2020 Level 1 Level 2 Assets: Money market and deposit accounts $ 611,071 $ 611,071 $ — Publicly traded equity securities 159 159 — Certificates of deposit 4,373 — 4,373 Derivative instruments (1) 11,699 — 11,699 $ 627,302 $ 611,230 $ 16,072 Liabilities: Derivative instruments (1) $ 400,459 $ — $ 400,459 (1) Amounts are included within other current assets, other assets, other current liabilities and other liabilities in the consolidated balance sheets. We did not have any nonfinancial assets or liabilities measured at fair value on a recurring basis as of December 31, 2021 and 2020. Other than the contingent consideration related to the EMEA 1 Joint Venture as described in Note 6 above, we did not have any Level 3 financial assets or financial liabilities during the years ended December 31, 2021 and 2020.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	Leases Significant Lease Transactions The following table summarizes the significant lease transactions during the year ended December 31, 2021 (in thousands): Renewal/Termination Options Excluded (1) Net Incremental (2) Lease Quarter Transaction Lease Classification ROU assets ROU liabilities Silicon Valley 8 ("SV8") data center lease extended (3) Q1 Extended lease term by 16 years Two 10-year renewal options Finance Lease $98,141 $100,043 Operating Lease (13,685) (15,586) Hong Kong 3 ("HK3") data center lease extended (3) Q1 Extended lease by 10 years, which included a 5-year renewal option N/A Finance Lease - Building 37,987 37,987 Operating Lease - Land 6,592 6,592 Osaka 3 ("OS3") new data center and office lease Q2 New lease-15 year term 2-year renewal option on a rolling basis Finance Lease 144,122 144,122 (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. (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) These leases had components previously classified as operating leases. Lease Expenses The components of lease expenses are as follows (in thousands): Years Ended December 31, 2021 2020 Finance lease cost Amortization of right-of-use assets (1) $ 157,057 $ 120,169 Interest on lease liabilities 117,896 113,699 Total finance lease cost 274,953 233,868 Operating lease cost 221,776 217,299 Variable lease cost 33,066 13,588 Total lease cost $ 529,795 $ 464,755 (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 consolidated statements of operations. Other Information Other information related to leases is as follows (in thousands, except years and percent): Years Ended December 31, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 113,571 $ 109,558 Operating cash flows from operating leases 258,719 206,512 Financing cash flows from finance leases 165,539 115,288 Right-of-use assets obtained in exchange for lease obligations: (1) Finance leases $ 412,214 $ 487,592 Operating leases 10,446 108,797 As of December 31, 2021 2020 Weighted-average remaining lease term - finance leases (2) 14 years 14 years Weighted-average remaining lease term - operating leases (2) 12 years 12 years Weighted-average discount rate - finance leases 7 % 7 % Weighted-average discount rate - operating leases 4 % 4 % Finance lease ROU assets (3) $ 1,875,696 $ 1,688,032 (1) Represents all non-cash changes in ROU assets. (2) Includes lease renewal options that are reasonably certain to be exercised. (3) As of December 31, 2021 and December 31, 2020, we recorded accumulated amortization of finance lease assets of $726.4 million and $604.1 million, respectively. Finance lease assets are recorded within property, plant and equipment, net Maturities of Lease Liabilities Maturities of lease liabilities as of December 31, 2021 are as follows (in thousands): Year ended December 31, Operating Leases Finance Leases Total 2022 $ 181,810 $ 252,670 $ 434,480 2023 181,480 239,268 420,748 2024 165,689 240,696 406,385 2025 155,642 237,107 392,749 2026 145,578 227,262 372,840 Thereafter 847,168 1,979,654 2,826,822 Total lease payments 1,677,367 3,176,657 4,854,024 Less imputed interest (426,158) (1,039,148) (1,465,306) Total $ 1,251,209 $ 2,137,509 $ 3,388,718 We entered into agreements with various landlords primarily to lease data center spaces and ground leases which have not yet commenced as of December 31, 2021. These leases will commence between year 2022 and 2024, with lease terms of 3 to 27 years and total lease commitments of approximately $915.6 million.
Leases	Leases Significant Lease Transactions The following table summarizes the significant lease transactions during the year ended December 31, 2021 (in thousands): Renewal/Termination Options Excluded (1) Net Incremental (2) Lease Quarter Transaction Lease Classification ROU assets ROU liabilities Silicon Valley 8 ("SV8") data center lease extended (3) Q1 Extended lease term by 16 years Two 10-year renewal options Finance Lease $98,141 $100,043 Operating Lease (13,685) (15,586) Hong Kong 3 ("HK3") data center lease extended (3) Q1 Extended lease by 10 years, which included a 5-year renewal option N/A Finance Lease - Building 37,987 37,987 Operating Lease - Land 6,592 6,592 Osaka 3 ("OS3") new data center and office lease Q2 New lease-15 year term 2-year renewal option on a rolling basis Finance Lease 144,122 144,122 (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. (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) These leases had components previously classified as operating leases. Lease Expenses The components of lease expenses are as follows (in thousands): Years Ended December 31, 2021 2020 Finance lease cost Amortization of right-of-use assets (1) $ 157,057 $ 120,169 Interest on lease liabilities 117,896 113,699 Total finance lease cost 274,953 233,868 Operating lease cost 221,776 217,299 Variable lease cost 33,066 13,588 Total lease cost $ 529,795 $ 464,755 (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 consolidated statements of operations. Other Information Other information related to leases is as follows (in thousands, except years and percent): Years Ended December 31, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 113,571 $ 109,558 Operating cash flows from operating leases 258,719 206,512 Financing cash flows from finance leases 165,539 115,288 Right-of-use assets obtained in exchange for lease obligations: (1) Finance leases $ 412,214 $ 487,592 Operating leases 10,446 108,797 As of December 31, 2021 2020 Weighted-average remaining lease term - finance leases (2) 14 years 14 years Weighted-average remaining lease term - operating leases (2) 12 years 12 years Weighted-average discount rate - finance leases 7 % 7 % Weighted-average discount rate - operating leases 4 % 4 % Finance lease ROU assets (3) $ 1,875,696 $ 1,688,032 (1) Represents all non-cash changes in ROU assets. (2) Includes lease renewal options that are reasonably certain to be exercised. (3) As of December 31, 2021 and December 31, 2020, we recorded accumulated amortization of finance lease assets of $726.4 million and $604.1 million, respectively. Finance lease assets are recorded within property, plant and equipment, net Maturities of Lease Liabilities Maturities of lease liabilities as of December 31, 2021 are as follows (in thousands): Year ended December 31, Operating Leases Finance Leases Total 2022 $ 181,810 $ 252,670 $ 434,480 2023 181,480 239,268 420,748 2024 165,689 240,696 406,385 2025 155,642 237,107 392,749 2026 145,578 227,262 372,840 Thereafter 847,168 1,979,654 2,826,822 Total lease payments 1,677,367 3,176,657 4,854,024 Less imputed interest (426,158) (1,039,148) (1,465,306) Total $ 1,251,209 $ 2,137,509 $ 3,388,718 We entered into agreements with various landlords primarily to lease data center spaces and ground leases which have not yet commenced as of December 31, 2021. These leases will commence between year 2022 and 2024, with lease terms of 3 to 27 years and total lease commitments of approximately $915.6 million.

Debt Facilities

Debt Facilities	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Debt Facilities	Debt Facilities Mortgage and Loans Payable As of December 31, 2021 and 2020, our mortgage and loans payable consisted of the following (in thousands): 2021 2020 Term loans $ 549,697 $ 1,292,067 Mortgage payable and loans payable 68,691 78,903 618,388 1,370,970 Less amount representing unamortized debt discount and debt issuance cost (354) (3,288) Add amount representing unamortized mortgage premium 1,630 1,861 619,664 1,369,543 Less current portion (33,087) (82,289) $ 586,577 $ 1,287,254 Senior Credit Facility In 2017, we entered into a credit agreement with a group of lenders for a $3.0 billion credit facility ("Senior Credit Facility"), comprised of a $2.0 billion senior unsecured multicurrency revolving credit facility ("Revolving Facility") and an approximately $1.0 billion senior unsecured multicurrency term loan facility (the "Term Loan Facility"). The credit agreement was subsequently amended to provide an additional senior unsecured term loan in Japanese Yen for approximately $424.7 million at the exchange rate effective on the transaction date. On May 17, 2021, using a portion of the net cash proceeds from the 2026 Notes, 2028 Notes, 2031 Notes, and 2052 Notes as described below, we repaid our outstanding term loans in Swedish Krona and Japanese Yen under our Term Loan Facility for $285.4 million and $374.5 million in U.S. Dollars, respectively, at the exchange rates in effect on May 17, 2021. As of December 31, 2021 and December 31, 2020, the total amounts outstanding under the Term Loan Facility, net of debt issuance costs, were $549.3 million and $1.3 billion, respectively. This outstanding amount of $549.3 million as of December 31, 2021 was excluded from current liabilities as we had the ability and intent to refinance this short-term obligation on a long-term basis. See Note 18 Subsequent Events below. As of December 31, 2021, we had 41 irrevocable letters of credit totaling $90.2 million issued and outstanding under the Revolving Facility, with approximately $1.9 billion remaining available to borrow under the Revolving Facility. Mortgage Payable In October 2013, as a result of the Frankfurt Kleyer 90 Carrier Hotel Acquisition, we assumed a mortgage payable of $42.9 million with an effective interest rate of 4.25%. The mortgage payable has monthly principal and interest payments and has an expiration date of August 2022. In December 2019, as a result of the TR2 Data Center purchase, we assumed a mortgage payable of $43.8 million with an effective interest rate of 3.63%. The mortgage payable has monthly principal and interest payments and has an expiration date of November 2029. Senior Notes Our senior notes consisted of the following as of December 31 (in thousands): 2021 2020 Senior Notes Issuance Date Maturity Date Amount Effective Rate Amount Effective Rate 5.000% Infomart Senior Notes April 2018 April 2021 $ — — % $ 150,000 4.51 % 2.625% Senior Notes due 2024 November 2019 November 2024 1,000,000 2.79 % 1,000,000 2.79 % 1.250% Senior Notes due 2025 June 2020 July 2025 500,000 1.46 % 500,000 1.46 % 1.000% Senior Notes due 2025 October 2020 September 2025 700,000 1.18 % 700,000 1.18 % 2.900% Senior Notes due 2026 November 2019 November 2026 600,000 3.04 % 600,000 3.04 % 2.875% Euro Senior Notes due 2026 December 2017 February 2026 — — % 611,050 3.04 % 1.450% Senior Notes due 2026 May 2021 May 2026 700,000 1.64 % — — % 0.250% Euro Senior Notes due 2027 March 2021 March 2027 569,150 0.45 % — — % 1.800% Senior Notes due 2027 June 2020 July 2027 500,000 1.96 % 500,000 1.96 % 5.375% Senior Notes due 2027 March 2017 May 2027 — — % 1,250,000 5.51 % 1.550% Senior Notes due 2028 October 2020 March 2028 650,000 1.67 % 650,000 1.67 % 2.000% Senior Notes due 2028 May 2021 May 2028 400,000 2.21 % — — % 3.200% Senior Notes due 2029 November 2019 November 2029 1,200,000 3.30 % 1,200,000 3.30 % 2.150% Senior Notes due 2030 June 2020 July 2030 1,100,000 2.27 % 1,100,000 2.27 % 2.500% Senior Notes due 2031 May 2021 May 2031 1,000,000 2.65 % — — % 1.000% Euro Senior Notes due 2033 March 2021 March 2033 682,980 1.18 % — — % 3.000% Senior Notes due 2050 June 2020 July 2050 500,000 3.09 % 500,000 3.09 % 2.950% Senior Notes due 2051 October 2020 September 2051 500,000 3.00 % 500,000 3.00 % 3.400% Senior Notes due 2052 May 2021 February 2052 500,000 3.50 % — — % 11,102,130 9,261,050 Less amount representing unamortized debt discount and debt issuance cost (117,986) (92,773) Add amount representing unamortized debt premium — 186 10,984,144 9,168,463 Less current portion — (150,186) $ 10,984,144 $ 9,018,277 0.250% Euro Senior Notes due 2027 and 1.000% Euro Senior Notes due 2033 On March 10, 2021, we issued €500.0 million, or approximately $594.9 million in U.S. dollars, at the exchange rate in effect on March 10, 2021, aggregate principal amount of 0.250% senior notes due March 15, 2027 (the "2027 Euro Notes") and €600.0 million, or approximately $713.8 million in U.S. dollars, at the exchange rate in effect on March 10, 2021, aggregate principal amount of 1.000% senior notes due March 15, 2033 (the "2033 Euro Notes"). Interest on the notes is payable annually in arrears on March 15 of each year, commencing on March 15, 2022. Total debt issuance costs and debt discounts related to the 2027 Euro Notes and the 2033 Euro Notes were $7.0 million and $14.1 million, respectively. Redemption of 2.875% Euro Senior Notes due 2026 On March 24, 2021, using a portion of the net cash proceeds from the 2027 Euro Senior Notes and 2033 Euro Senior Notes, we redeemed the remaining outstanding 2.875% Euro Senior Notes due 2026 for $590.7 million in U.S. dollars, at the exchange rate in effect on March 24, 2021. In connection with the redemption, we incurred $13.2 million of loss on debt extinguishment, including $8.5 million in redemption premium that was paid in cash and $4.7 million related to the write-off of unamortized debt issuance costs, during the three months ended March 31, 2021. 1.450% Senior Notes due 2026, 2.000% Senior Notes due 2028, 2.500% Senior Notes due 2031 and 3.400% Senior Notes due 2052 On May 17, 2021, we issued $700.0 million aggregate principal amount of 1.450% senior notes due 2026 (the "2026 Notes"), $400.0 million aggregate principal amount of 2.000% senior notes due 2028 (the "2028 Notes"), $1.0 billion aggregate principal amount of 2.500% senior notes due 2031 (the "2031 Notes"), and $500.0 million aggregate principal amount of 3.400% senior notes due 2052 (the "2052 Notes"). Interest on the 2026, 2028 and 2031 notes are payable semi-annually on May 15 and November 15 of each year, commencing on November 15, 2021. Interest on the 2052 notes are payable semi-annually on February 15 and August 15 of each year, commencing on February 15, 2022. Total debt issuance costs and debt discounts related to the 2026 Notes, 2028 Notes, 2031 Notes and 2052 Notes were $6.4 million, $5.3 million, $13.0 million and $9.3 million, respectively. Redemption of 5.375% Senior Notes due 2027 On June 2, 2021, we redeemed all outstanding principal amount under the 5.375% Senior Notes due 2027 with a portion of the net cash proceeds from the issuance of the 2026 Notes, 2028 Notes, 2031 Notes, and 2052 Notes as described above. In connection with the redemption, we incurred $100.6 million of loss on debt extinguishment, including $90.7 million redemption premium that was paid in cash and $9.9 million related to the write-off of unamortized debt issuance costs. All of our senior notes are unsecured and rank equal in right of payment to our existing or future senior indebtedness and senior in right of payment to our existing and future subordinated indebtedness. Interest on the senior notes is paid semi-annually in arrears. The senior notes are effectively subordinated to all of the existing and future secured debt, including debt outstanding under any bank facility or secured by any mortgage, to the extent of the assets securing such debt. They are also structurally subordinated to any existing and future indebtedness and other liabilities (including trade payables) of any of our subsidiaries. Each series of senior notes is governed by an indenture and a supplemental indenture between us and U.S. Bank National Association, as trustee. These supplemental indentures contain covenants that limit our ability and the ability of our subsidiaries to, among other things: • incur liens; • enter into sale-leaseback transactions; and • merge or consolidate with any other person. As of December 31, 2021, we are in compliance with all covenants. Subject to compliance with the limitations described above, we may issue an unlimited principal amount of additional notes at later dates under the same indenture as the senior notes. We are not required to make any mandatory redemption with respect to the senior notes; however, upon the event of a change in control, we may be required to offer to purchase the senior notes. Optional Redemption With respect to the rest of the Notes listed below, we may redeem at our election, at any time or from time to time, some or all of the notes of any series before they mature. The redemption price will equal the sum of (1) an amount equal to one hundred percent (100%) of the principal amount of the notes being redeemed plus accrued and unpaid interest up to, but not including, the redemption date and (2) a make-whole premium. If the Notes are redeemed on or after the First Par Call Date listed in the table below, the redemption price will not include a make-whole premium for the applicable notes. Senior Notes Description First Par Call Date 2.625% Senior Notes due 2024 October 18, 2024 1.000% Senior Notes due 2025 August 15, 2025 1.250% Senior Notes due 2025 June 15, 2025 2.900% Senior Notes due 2026 September 18, 2026 1.800% Senior Notes due 2027 May 15, 2027 1.550% Senior Notes due 2028 January 15, 2028 3.200% Senior Notes due 2029 August 18, 2029 2.150% Senior Notes due 2030 April 15, 2030 3.000% Senior Notes due 2050 January 15, 2050 2.950% Senior Notes due 2051 March 15, 2051 0.250% Euro Senior Notes due 2027 January 15, 2027 1.000% Euro Senior Notes due 2033 December 15, 2032 1.450% Senior Notes due 2026 April 15, 2026 2.000% Senior Notes due 2028 March 15, 2028 2.500% Senior Notes due 2031 February 15, 2031 3.400% Senior Notes due 2052 August 15, 2051 Maturities of Debt Instruments The following table sets forth maturities of our debt, including mortgage and loans payable, and senior notes, gross of debt issuance costs, debt discounts and debt premiums, as of December 31, 2021 (in thousands): Years ending: 2022 $ 582,783 2023 6,664 2024 1,006,230 2025 1,204,640 2026 1,304,770 Thereafter 7,617,061 $ 11,722,148 Fair Value of Debt Instruments The following table sets forth the estimated fair values of our mortgage and loans payable and senior notes, including current maturities, as of December 31 (in thousands): 2021 2020 Mortgage and loans payable $ 621,051 $ 1,379,129 Senior notes 11,049,834 9,705,486 The fair values of the mortgage and loans payable, which are not publicly traded, were estimated by considering our credit rating, current rates available to us for debt of the same remaining maturities and terms of the debt (Level 2). The fair value of the senior notes, which are traded in the public debt market, was based on quoted market prices (Level 1). Interest Charges The following table sets forth total interest costs incurred, and total interest costs capitalized for the years ended December 31 (in thousands): 2021 2020 2019 Interest expense $ 336,082 $ 406,466 $ 479,684 Interest capitalized 24,505 26,750 32,173 Interest charges incurred $ 360,587 $ 433,216 $ 511,857 Total interest paid in cash, net of capitalized interest, during the years ended December 31, 2021, 2020 and 2019 was $401.9 million, $471.7 million and $521.6 million, respectively.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Our authorized share capital is 300,000,000 shares of common stock and 100,000,000 shares of preferred stock, of which 25,000,000 is designated Series A, 25,000,000 is designated as Series A-1 and 50,000,000 is undesignated. As of December 31, 2021 and 2020, we had no preferred stock issued and outstanding. Common Stock In March 2019, we issued and sold 2,985,575 shares of common stock in a public offering pursuant to a registration statement and a related prospectus and prospectus supplement. We received net proceeds of approximately $1.2 billion, net of underwriting discounts, commissions and offering expenses. In May 2020, we issued and sold 2,587,500 shares of common stock in a public offering pursuant to a registration statement and a related prospectus and prospectus supplement. We received net proceeds of approximately $1.7 billion, net of underwriting discounts, commissions and offering expenses. In December 2018, we established an "at the market" equity offering program (the "2018 ATM Program"), under which we could, from time to time, offer and sell shares of our common stock to or through sales agents up to an aggregate of $750.0 million. For the years ended December 31, 2020, and 2019, we sold 415,512 shares and 903,555 shares, respectively, for approximately $298.3 million and $447.5 million, respectively, net of payment of commissions to sales agents and other offering expenses, under the 2018 ATM Program. As of December 31, 2020, no shares remained available for sale under the 2018 ATM Program. In October 2020, we established another ATM program, under which we may, from time to time, offer and sell up to an aggregate of $1.5 billion of our common stock to or through sales agents in "at the market" transactions (the "2020 ATM Program"). For the year ended December 31, 2021, we sold 637,617 shares for approximately $497.9 million, net of payment of commissions to sales agents and other offering expenses, under the 2020 ATM Program. For the year ended December 31, 2020, we did not sell any shares under the 2020 ATM Program. As of December 31, 2021, we had reserved the following authorized but unissued shares of common stock for future issuances: Common stock options and restricted stock units 5,327,514 Common stock employee purchase plans 2,640,649 Total 7,968,163 Accumulated Other Comprehensive Loss The changes in accumulated other comprehensive loss, net of tax, by components are as follows (in thousands): December 31, 2018 Net December 31, 2019 Net December 31, 2020 Net December 31, 2021 Foreign currency translation adjustment ("CTA") gain (loss) $ (998,603) $ (58,315) $ (1,056,918) $ 548,503 $ (508,415) $ (559,984) $ (1,068,399) Unrealized gain (loss) on cash flow hedges (1) 19,480 (3,842) 15,638 (82,790) (67,152) 60,562 (6,590) Net investment hedge CTA gain (loss) (1) 34,325 73,294 107,619 (444,553) (336,934) 326,982 (9,952) Net actuarial gain (loss) on defined benefit plans (2) (904) (48) (952) 85 (867) 57 (810) $ (945,702) $ 11,089 $ (934,613) $ 21,245 $ (913,368) $ (172,383) $ (1,085,751) (1) Refer to Note 8 for a discussion of the amounts reclassified from accumulated other comprehensive loss to net income. (2) We have a defined benefit pension plan 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. The unamortized gain (loss) on defined benefit plans includes gains or losses resulting from a change in the value of either the projected benefit obligation or the plan assets resulting from a change in an actuarial assumption, net of amortization. Changes in foreign currencies can have a significant impact to our consolidated balance sheets (as evidenced above in our foreign currency translation loss), as well as its consolidated results of operations, as amounts in foreign currencies are generally translated into more U.S. dollars when the U.S. dollar weakens or less U.S. dollars when the U.S. dollar strengthens. As of December 31, 2021, the U.S. dollar was generally stronger relative to certain of the currencies of the foreign countries in which we operate as compared to December 31, 2020. Because of this, the U.S. dollar had an overall unfavorable impact on our consolidated financial position because the foreign denominations translated into fewer U.S. dollars as evidenced by an increase in foreign currency translation loss for the year ended December 31, 2021 as reflected in the above table. The volatility of the U.S. dollar as compared to the other currencies in which we operate could have a significant impact on our consolidated financial position and results of operations including the amount of revenue that we report in future periods. Dividends During the years ended December 31, 2021 , 2020 and 2019 , our Board of Directors declared quarterly dividends whose treatment for federal income tax purposes were as follows: Declaration Date Record Date Payment Date Total Distribution (1) Nonqualified Ordinary Dividend (2) Total Distribution Amount (per share) (in thousands) Fiscal 2021 2/10/2021 2/24/2021 3/17/2021 $ 2.870000 $ 2.870000 $ 256,321 4/28/2021 5/19/2021 6/16/2021 2.870000 2.870000 257,199 7/28/2021 8/18/2021 9/22/2021 2.870000 2.870000 257,769 11/3/2021 11/17/2021 12/15/2021 2.870000 2.870000 258,716 Total $ 11.480000 $ 11.480000 $ 1,030,005 Fiscal 2020 2/12/2020 2/26/2020 3/18/2020 $ 2.660000 $ 2.660000 $ 227,386 5/6/2020 5/20/2020 6/17/2020 2.660000 2.660000 235,449 7/29/2020 8/19/2020 9/23/2020 2.660000 2.660000 236,424 10/28/2020 11/18/2020 12/9/2020 2.660000 2.660000 237,010 Total $ 10.640000 $ 10.640000 $ 936,269 Fiscal 2019 2/13/2019 2/27/2019 3/20/2019 $ 2.460000 $ 2.460000 $ 198,933 5/1/2019 5/22/2019 6/19/2019 2.460000 2.460000 207,949 7/31/2019 8/21/2019 9/18/2019 2.460000 2.460000 209,226 10/30/2019 11/20/2019 12/11/2019 2.460000 2.460000 209,785 Total $ 9.840000 $ 9.840000 $ 825,893 (1) Common stock dividends are characterized for federal income tax purposes as nonqualified ordinary dividend, qualified ordinary dividend, capital gains or return of capital. During the years ended December 31, 2021, 2020 and 2019, we did not classify any portion of the distributions as qualified ordinary dividend, capital gains or return of capital. (2) All nonqualified ordinary dividends are eligible for the 20% deduction generally allowable to non-corporate shareholders under Internal Revenue Code Section 199A. In addition, as of December 31, 2021, for dividends and special distributions attributed to the RSUs, we recorded a short term dividend payable of $12.0 million and a long term dividend payable of $9.7 million for the RSUs that have not yet vested. As of December 31, 2020, for dividends and special distributions attributed to the RSUs, we recorded a short term dividend payable of $10.9 million and a long term dividend payable of $7.9 million for the RSUs that have not yet vested.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation Equity Compensation Plans As of December 31, 2021, our equity compensation plans include: • 2000 Equity Incentive Plan: Under the 2000 Equity Incentive Plan, nonstatutory stock options, RSAs, RSUs and stock appreciation rights may be granted to employees, outside directors and consultants at not less than 85% of the fair value on the date of grant, and incentive stock options may be granted to employees at not less than 100% of the fair value on the date of grant. Equity awards granted under the 2000 Equity Incentive Plan generally vest over 4 years. On June 18, 2020, the 2000 Equity Incentive Plan was terminated and replaced by the 2020 Equity Incentive Plan (the "2020 Equity Incentive Plan"). • 2000 Director Option Plan : Under the 2000 Director Option Plan, each non-employee board member who was not previously an employee would receive an automatic initial nonstatutory stock option grant as well as an annual non-statutory stock option grant on the date of our regular Annual Meeting of Stockholders. On December 18, 2008, our Board of Directors passed resolutions eliminating all automatic stock option grant mechanisms under the 2000 Director Option Plan and replaced them with an automatic RSU grant mechanism under the 2000 Equity Incentive Plan. On June 18, 2020, the 2000 Director Option Plan was terminated and all shares remaining available under this Plan were retired. • 2001 Supplemental Stock Plan : Under the 2001 Supplemental Stock Plan, non-statutory stock options and RSAs/RSUs may be granted to consultants and employees who are not executive officers or board members, at not less than 85% of the fair value on the date of grant. Current stock options granted under the 2001 Supplemental Stock Plan generally vest over four years. On June 18, 2020, the 2001 Supplemental Stock Plan was terminated and all shares remaining available under this Plan were retired. • 2004 Employee Stock Purchase Plan (the "2004 Purchase Plan") : The 2004 Purchase Plan permits eligible employees to purchase common stock on favorable terms via payroll deductions of up to 15% of the employee's cash compensation, subject to certain share and statutory dollar limits. Two overlapping offering periods commence during each calendar year, on each February 15 and August 15 or such other periods or dates as determined by the Compensation Committee from time to time, and the offering periods last up to 24 months with a purchase date every 6 months. The price of each share purchased is 85% of the lower of a) the fair value per share of common stock on the last trading day before the commencement of the applicable offering period or b) the fair value per share of common stock on the purchase date. • 2020 Equity Incentive Plan : On April 23, 2020, our Board of Directors approved the 2020 Equity Plan, which provides for the grant of stock options, including incentive stock options and non-qualified stock options, stock appreciation rights, RSAs, RSUs, other stock-based incentive awards, dividend equivalents, and cash-based incentive awards. The 2020 Equity Plan's awards may be granted to employees, non-employee members of the Board and consultants. Equity awards granted under the 2020 Equity Incentive Plan generally vest over four years. The maximum numbers of shares of our common stock available for issuance under the 2020 Equity Plan is equal to the sum of 4.0 million shares and the shares transferred from the 2000 Equity Incentive Plan. The Equity compensation plans are administered by the Compensation Committee of the Board of Directors (the "Compensation Committee"), and the Compensation Committee may terminate or amend these plans, with approval of the stockholders as may be required by applicable law, at any time. As of December 31, 2021, shares reserved and available for issuance under the equity compensation plans are as follows: Shares reserved Shares available for grant 2004 Purchase Plan 5,392,206 2,640,649 2020 Equity Incentive Plan 4,660,322 3,969,920 Restricted Stock Units Since 2008, we primarily grant RSUs to our employees, including executives and non-employee directors, in lieu of stock options. We generally grant RSUs that have a service condition only or have both a service and performance condition. Each RSU is not considered issued and outstanding and does not have voting rights until it is converted into one share of our common stock upon vesting. RSUs activity is summarized as follows: Number of Shares Outstanding Weighted Average Grant Date Fair Value per Share Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (1) (Dollars in Thousands) RSUs outstanding, December 31, 2018 1,226,787 $ 361.22 RSUs granted 779,478 448.16 RSUs released, vested (549,259) 362.66 Special distribution shares released (1,781) 295.31 RSUs canceled (142,477) 364.42 Special distribution shares canceled (23) 297.04 RSUs outstanding, December 31, 2019 1,312,725 411.99 RSUs granted 695,383 596.80 RSUs released, vested (606,250) 426.03 Special distribution shares released (722) 264.57 RSUs canceled (63,502) 457.91 RSUs outstanding, December 31, 2020 1,337,634 499.60 RSUs granted 776,628 679.59 RSUs released, vested (633,466) 505.40 Special distribution shares released (34) 297.03 RSUs canceled (123,168) 561.34 RSUs outstanding, December 31, 2021 1,357,594 $ 594.27 1.23 $ 1,148,307 (1) The intrinsic value is calculated based on the market value of the stock as of December 31, 2021. The total fair value of RSUs vested and released during the years ended December 31, 2021, 2020 and 2019 was $472.9 million, $417.0 million and $269.1 million, respectively. Employee Stock Purchase Plan We provide the following disclosures for the 2004 Purchase Plan as of December 31 (dollars, except shares): 2021 2020 2019 Weighted-average purchase price per share $ 467.59 $ 371.71 $ 354.72 Weighted average grant-date fair value per share of shares purchased $ 138.80 $ 114.08 $ 104.84 Number of shares purchased 166,023 167,113 146,640 We use the Black-Scholes option-pricing model to determine the fair value of shares under the 2004 Purchase Plan with the following assumptions during the years ended December 31: 2021 2020 2019 Range of dividend yield 1.58 - 1.77% 1.94 - 2.08% 2.07 - 2.09% Range of risk-free interest rate 0.01 - 0.21% 0.10 - 1.55% 1.55 - 2.58% Range of expected volatility 25.54 - 41.24% 19.28 - 51.93% 19.27 - 25.55% Weighted-average expected volatility 34.08 % 32.94 % 22.95 % Weighted average expected life (in years) 1.18 1.36 1.24 Stock-Based Compensation The following table presents, by operating expense, our stock-based compensation expense recognized in our consolidated statement of operations for the years ended December 31 (in thousands): 2021 2020 2019 Cost of revenues $ 38,438 $ 32,893 $ 25,355 Sales and marketing 79,144 72,895 56,719 General and administrative 246,192 205,232 154,465 Total $ 363,774 $ 311,020 $ 236,539 Our stock-based compensation recognized in the consolidated statement of operations was comprised of the following types of equity awards for the years ended December 31 (in thousands): 2021 2020 2019 RSUs $ 330,077 $ 289,426 $ 217,541 RSAs (1) 10,067 8,289 — Employee stock purchase plan 23,630 13,305 18,998 Total $ 363,774 $ 311,020 $ 236,539 (1) During the year ended December 31, 2020, we awarded 48,799 shares of RSAs. See Note 1 for further discussion. During the years ended December 31, 2021, 2020 and 2019, we capitalized $27.7 million, $20.3 million and $9.1 million, respectively, of stock-based compensation expense as construction in progress in property, plant and equipment. As of December 31, 2021, the total stock-based compensation cost related to unvested equity awards not yet recognized, net of estimated forfeitures, totaled $629.4 million which is expected to be recognized over a weighted-average period of 2.10 years.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income before income taxes is attributable to the following geographic locations for the years ended December 31, (in thousands): 2021 2020 2019 Domestic $ 137,492 $ 18,395 $ 328,806 Foreign 471,460 497,830 363,791 Income before income taxes $ 608,952 $ 516,225 $ 692,597 The tax benefit (expenses) for income taxes consisted of the following components for the years ended December 31, (in thousands): 2021 2020 2019 Current: Federal $ 7,753 $ 4,552 $ (17,906) State and local (156) 1,597 (4,624) Foreign (76,450) (171,092) (135,356) Subtotal (68,853) (164,943) (157,886) Deferred: Federal 11,060 16,553 (7,459) State and local (1,411) 704 (1,775) Foreign (50,020) 1,535 (18,232) Subtotal (40,371) 18,792 (27,466) Income tax expense $ (109,224) $ (146,151) $ (185,352) State and foreign taxes not based on income are included in general and administrative expenses and the aggregate amounts were not significant for the years ended December 31, 2021, 2020 and 2019. The fiscal 2021, 2020, and 2019 income tax benefit (expenses) differed from the amounts computed by applying the U.S. federal income tax rate of 21% to pre-tax income as a result of the following for the years ended December 31 (in thousands): 2021 2020 2019 Federal tax at statutory rate $ (127,880) $ (109,906) $ (145,445) State and local tax (expense) benefit (1,513) 2,071 (5,852) Deferred tax assets generated in current year not benefited (19,703) (12,852) (5,398) Foreign income tax rate differential (18,918) (16,364) (11,610) Non-deductible expenses (10,579) (4,427) (1,021) Stock-based compensation expense (1,385) (954) (2,105) Change in valuation allowance (595) 390 (2,870) Foreign financing activities (4,805) (11,743) (18,738) Loss on divestments — — (3,277) Uncertain tax positions reserve 50,059 (38,014) (35,724) Tax adjustments related to REIT 39,164 50,107 63,614 Change in deferred tax adjustments (1,251) (136) (10,574) Effect of tax rate change on deferred tax assets (12,297) — — Other, net 479 (4,323) (6,352) Total income tax expense $ (109,224) $ (146,151) $ (185,352) Of the unrecognized tax benefits being realized in the year ended December 31, 2021, approximately $32.0 million is related to the uncertain tax position inherited from the Metronode Acquisition in 2018, which is related to an outstanding income tax audit at the time of the acquisition. The uncertain tax position was covered by an indemnification agreement with the Seller. The income tax audit was settled during 2021, as such, the realization of the unrecognized tax benefits resulted in an impairment of the indemnification asset for the same amount, which has been included in Other Income (Expense) on the Consolidated Statements of Operations for the year ended December 31, 2021. Our accounting policy is to treat any tax on Global Intangible Low-Taxed Income ("GILTI") inclusions as a current period cost included in the tax expense in the year incurred. We believe the GILTI inclusion provision will result in no material financial statement impact provided we satisfy our REIT distribution requirement with respect to the GILTI inclusions. As a result of our conversion to a REIT effective January 1, 2015, it is no longer our intent to indefinitely reinvest undistributed foreign earnings. However, no deferred tax liability has been recognized to account for this change because the expected recovery of the basis difference will not result in material U.S. taxes in the post-REIT conversion periods due to the fact that the majority of our foreign subsidiaries are either QRSs or owned directly by our REIT and QRSs, and the foreign withholding tax effect would be immaterial. We continue to assess the foreign withholding tax impact of our current policy and do not believe the distribution of our foreign earnings would trigger any significant foreign withholding taxes, as the majority of the foreign jurisdictions where we operate do not impose withholding taxes on dividend distributions to a corporate U.S. parent. The types of temporary differences that give rise to significant portions of our deferred tax assets and liabilities are set out below as of December 31 (in thousands): 2021 2020 (1) Deferred tax assets: Stock-based compensation expense $ 9,057 $ 5,583 Net unrealized losses — 17,268 Operating lease liabilities 225,261 187,912 Capital lease liabilities 13,927 26,655 Deferred revenue 14,429 10,785 Loss carryforwards and tax credits 201,132 117,150 Others, net 7,257 4,296 Gross deferred tax assets 471,063 369,649 Valuation allowance (100,746) (82,344) Total deferred tax assets, net 370,317 287,305 Deferred tax liabilities: Net unrealized gains (1,462) — Property, plant and equipment (262,532) (145,314) Right-of-use assets (233,199) (201,714) Deferred income (33,052) (31,538) Intangible assets (120,543) (132,681) Total deferred tax liabilities (650,788) (511,247) Net deferred tax liabilities $ (280,471) $ (223,942) (1) The prior year amounts presented in the table above have been reclassified to conform with the current year presentation. The tax basis of REIT assets, excluding investments in TRSs, is greater than the amounts reported for such assets in the accompanying consolidated balance sheet by approximately $2.2 billion as of December 31, 2021. Our accounting for deferred taxes involves weighing positive and negative evidence concerning the realizability of our deferred tax assets in each taxing jurisdiction. After considering evidence such as the nature, frequency and severity of current and cumulative financial reporting losses, the sources of future taxable income, taxable income in carryback years permitted by the tax laws and tax planning strategies, we concluded that valuation allowances were required in certain jurisdictions. The operations in most of the jurisdictions for which a valuation allowance has been established have a history of significant losses as of December 31, 2021. As such, we do not believe these operations have established a sustained history of profitability and that a valuation allowance is, therefore, necessary. We also provided a valuation allowance against certain gross deferred tax assets in certain taxing jurisdictions as these deferred tax assets are not expected to be realizable in the foreseeable future. Changes in the valuation allowance for deferred tax assets for the years ended December 31, 2021, 2020 and 2019 are as follows (in thousands): 2021 2020 2019 Beginning balance $ 82,344 $ 57,812 $ 57,003 Amounts from acquisitions 964 5,777 (2,707) Divested balances — — (351) Amounts recognized into income 595 (390) 2,870 Current increase 19,539 15,044 697 Impact of foreign currency exchange (2,696) 4,101 300 Ending balance $ 100,746 $ 82,344 $ 57,812 Our NOL carryforwards for federal, state and foreign tax purposes which expire, if not utilized, at various intervals from 2022, are outlined below (in thousands): Expiration Date Federal (1) State Foreign (2) (3) Total 2022 $ 20,808 $ — $ 754 $ 21,562 2023 to 2025 26,838 112 25,876 52,826 2026 to 2028 12,186 — 12,560 24,746 2029 to 2031 — 767 32,849 33,616 2032 to 2034 394 822 — 1,216 2035 to 2037 6,739 2,491 3,838 13,068 Thereafter 437,683 80,613 488,897 1,007,193 $ 504,648 $ 84,805 $ 564,774 $ 1,154,227 (1) The total amount of NOL carryforwards that will not be available to offset our future taxable income after the dividends paid deduction due to Section 382 limitations was $56.7 million for federal. (2) In certain jurisdictions, the net operating loss carryforwards can only be used to offset a percentage of taxable income in a given year. (3) If certain substantial changes in the entity's ownership occur or have determined to have occurred, there may be a limitation on the amount of the carryforwards that can be utilized. As of December 31, 2021, we had tax credit carryforwards of $7.2 million, which expire, if not utilized, from 2022 to 2031. We also had capital losses of $8.0 million, which can be carried forward indefinitely. The beginning and ending balances of our unrecognized tax benefits are reconciled below for the years ended December 31 (in thousands): 2021 2020 2019 Beginning balance $ 207,759 $ 173,726 $ 150,930 Gross increases related to prior year tax positions 4,547 14,732 — Gross decreases related to prior year tax positions (58,356) — (1,160) Gross increases related to current year tax positions 10,000 29,149 31,332 Decreases resulting from expiration of statute of limitation (10,561) (6,518) (2,112) Decreases resulting from settlements (5,089) (3,330) (5,264) Ending balance $ 148,300 $ 207,759 $ 173,726 We recognize interest and penalties related to unrecognized tax benefits within income tax expense in the consolidated statements of operations. We accrued $13.6 million, $21.3 million, and $14.2 million for interest and penalties as of December 31, 2021, 2020 and 2019, respectively. The unrecognized tax benefits of $148.3 million as of December 31, 2021, of which $3.4 million is subject to an indemnification agreement, if subsequently recognized, will affect our effective tax rate favorably at the time when such a benefit is recognized. Due to various tax years open for examination and the ongoing tax audits and inquiries by the tax authorities in different jurisdictions, it is reasonably possible that the balance of unrecognized tax benefits could significantly increase or decrease over the next 12 months as we may be subject to either examination by tax authorities, tax audit settlements, or a lapse in statute of limitations. We are currently unable to estimate the range of possible adjustments to the balance of unrecognized tax benefits. In general, our income tax returns for the years from 2018 through the current year remain open to examination by federal and state taxing authorities. In addition, our tax years of 2005 through current year remain open and subject to examination by local tax authorities in certain foreign jurisdictions in which we have major operations.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Commitments As a result of our various IBX data center expansion projects, as of December 31, 2021, we were contractually committed for approximately $1.0 billion of unaccrued capital expenditures, primarily for IBX infrastructure equipment not yet delivered and labor not yet provided, in connection with the work necessary to open these IBX data centers and make them available to our customers for installation. We also had numerous other, non-capital purchase commitments in place as of December 31, 2021, such as commitments to purchase power in select locations through 2022 and thereafter, and other open purchase orders for goods, or services to be delivered or provided during 2022 and thereafter. Such other miscellaneous purchase commitments totaled approximately $1.3 billion as of December 31, 2021. For further information on our equity method investments contribution commitments and lease commitments, see Notes 6 and Note 10, respectively, above. Contingent Liabilities We estimate our exposure on certain liabilities, such as indirect and property taxes, based on the best information available at the time of determination. With respect to real and personal property taxes, we record what we can reasonably estimate based on prior payment history, assessed value by the assessor's office, current landlord estimates or estimates based on current or changing fixed asset values in each specific municipality, as applicable. However, there are circumstances beyond our control whereby the underlying value of the property or basis for which the tax is calculated on the property may change, such as a landlord selling the underlying property of one of our IBX data center leases or a municipality changing the assessment value in a jurisdiction and, as a result, our property tax obligations may vary from period to period. Based upon the most current facts and circumstances, we make the necessary property tax accruals for each of our reporting periods. However, revisions in our estimates of the potential or actual liability could materially impact our financial position, results of operations or cash flows. Our indirect and property tax filings in various jurisdictions are subject to examination by local tax authorities. Although we believe that we have adequately assessed and accounted for our potential tax liabilities, and that our tax estimates are reasonable, there can be no certainty that additional taxes will not be due upon audit of our tax returns or as a result of further changes to the tax laws and interpretations thereof. For example, we are currently undergoing an audit and appealing the tentative assessment in Brazil. The final settlement of the audit and the outcomes of the appeal are uncertain and may not be resolved in our favor. We regularly assess the likelihood of adverse outcomes resulting from these examinations and appeals that would affect the adequacy of our tax accruals for each of the reporting periods. If any issues arising from the tax examinations and appeals are resolved in a manner inconsistent with our expectations, the revision of the estimates of the potential or actual liabilities could materially impact the financial position, results of operations, or cash flows. From time to time, we may have certain contingent liabilities that arise in the ordinary course of our business activities. Contingent liabilities are accrued when it is probable that future expenditures will be made and such expenditures can be reasonably estimated. In the opinion of management, there are no pending claims for which the outcome is expected to result in a material adverse effect in the financial position, results of operations or cash flows. Employment Agreements We have entered into a severance agreement with certain of our executive officers that provides for a severance payment equal to 100% of the executive officer's annual base salary and maximum bonus in the event his or her employment is terminated for any reason other than cause or he or she voluntarily resigns under certain circumstances as described in the agreement, or 200% of the executive officer's annual base salary and maximum bonus in the event this occurs after a change-in-control of our company. For certain other executive officers, these benefits are only triggered after a change-in-control of our company, in which case the officer is entitled to 200% of the executive officer's annual base salary and maximum bonus. In addition, under these agreements, the executive officer is entitled to the payment of his or her monthly health care premiums under the Consolidated Omnibus Budget Reconciliation Act for up to 24 months. Indemnification and Guarantor Arrangements As permitted under Delaware law, we have agreements whereby we indemnify our officers and directors for certain events or occurrences while the officer or director is, or was serving, at our request in such capacity. The term of the indemnification period is for the officer's or director's lifetime. The maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited; however, we have a director and officer insurance policy that could limit our exposure and enable us to recover a portion of any future amounts paid. As a result of our insurance policy that could limit our exposure and enable us to recover some or all of amounts paid, our estimated fair value of these indemnification agreements is minimal. We have no liabilities recorded for these agreements as of December 31, 2021. We enter into standard indemnification agreements in the ordinary course of business. Pursuant to these agreements, we indemnify, hold harmless, and agree to reimburse the indemnified party for losses suffered or incurred by the indemnified party, generally our business partners or customers, in connection with any U.S. patent, or any copyright or other intellectual property infringement claim by any third party with respect to our offerings. The term of these indemnification agreements is generally perpetual any time after execution of the agreement. The maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited; however, we have never incurred material costs to defend lawsuits or settle claims related to these indemnification agreements. As a result, our estimated fair value of these agreements is minimal. We have no liabilities recorded for these agreements as of December 31, 2021. We enter into arrangements with our business partners, whereby the business partner agrees to provide services as a subcontractor for our installations. Accordingly, we enter into standard indemnification agreements with our customers, whereby we indemnify them for other acts, such as personal property damage, of our subcontractors. The maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited; however, we have general and umbrella insurance policies that could enable us to recover a portion of any amounts paid. We have never incurred material costs to defend lawsuits or settle claims related to these indemnification agreements. As a result, our estimated fair value of these agreements is minimal. We do not have significant liabilities recorded for these agreements as of December 31, 2021. We have service level commitment obligations to certain of our customers. As a result, service interruptions or significant equipment damage in our IBX data centers, whether or not within our control, could result in service level commitments to these customers. Our liability insurance may not be adequate to cover those expenses. In addition, any loss of services, equipment damage or inability to meet our service level commitment obligations could reduce the confidence of our customers and could consequently impair our ability to obtain and retain customers, which would adversely affect both our ability to generate revenues and our operating results. We generally have the ability to determine such service level credits prior to the associated revenue being recognized. We do not have significant liabilities in connection with service level credits as of December 31, 2021.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Joint Venture Related Party Transactions We have lease arrangements and provide various services to the EMEA 1 Joint Venture, Asia-Pacific 1 Joint Venture and EMEA 2 Joint Venture (the "Joint Ventures") through multiple agreements, including sales and marketing, development management, facilities management, and asset management services. These transactions are generally considered to have been negotiated at arm's length. The following table presents the revenues and expenses from these arrangements with the Joint Ventures in our consolidated statements of operations (in thousands): Years Ended December 31, Related Party Nature of Transaction 2021 2020 2019 EMEA 1 Joint Venture Revenues $ 42,387 $ 21,306 $ 3,707 EMEA 1 Joint Venture Expenses (1) 8,303 14,935 2,076 Asia-Pacific 1 Joint Venture Revenues 21,223 588 — EMEA 2 Joint Venture Revenues 7,097 — — (1) We have a sub-lease agreement with the EMEA 1 Joint Venture to sub-lease a portion of London ("LD") 10-2 data center or former LD10 data center, for a total of 15 years. Balances primarily consist of rent expenses for the LD10-2 data center. The following table presents the assets and liabilities from related party transactions with the Joint Ventures in our consolidated balance sheets (in thousands): As of December 31, Related Party Balance Sheet Line Item 2021 2020 EMEA 1 Joint Venture Receivables $ 32,077 $ 6,459 Contract Assets (1) 54,503 5,614 Finance Lease R ight of Use Assets 118,817 127,197 Other Liabilities and Payables (2) 2,483 17,646 Other Liabilities and Payables - construction obligation (3) 39,382 55,607 Deferred Revenue 16,886 — Finance Lease R ight of Use Liabilities 124,918 130,756 Asia- Pacific 1 Joint Venture Receivables 2,124 16,936 Payables 121 — EMEA 2 Joint Venture Receivables 26,953 — Contract Assets 1,492 — Payables 1,755 — (1) A portion of the EMEA 1 Joint Venture contract asset balance relates to commitments to complete a residual portion of the Paris 9 data center sold to the EMEA 1 Joint Venture, which is reimbursable in full upon completion. (2) Balance as of December 31, 2021 primarily pertained to commercial service agreements. Balance as of December 31, 2020 pertained to the lease agreement in place for the construction of the Frankfurt 9 xScale data center. As of December 31, 2021 the lease has commenced and was accounted as a sale-type lease. (3) Balances primarily relate to obligations to pay for future construction for certain sites sold as a part of the EMEA 1 Joint Venture transaction. The prior year amounts presented in the table above have been reclassified to conform with the current year presentation. We have also sold certain data center facilities to our Joint Ventures and recognized gains or losses on asset sales; for more information refer to Note 5 above. Other Related Party Transactions We have several significant stockholders and other related parties that are also customers and/or vendors. Our activity of other related party transactions was as follows (in thousands): Years ended December 31, 2021 2020 2019 Revenues $ 140,947 $ 95,264 $ 25,905 Costs and services 5,337 10,849 15,844 As of December 31, 2021 2020 Accounts receivable $ 27,997 $ 6,519 Accounts payable 20 —

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Segment Information	Segment Information While we have one primary line of business, which is the design, build-out and operation of IBX data centers, we have determined that we have three reportable segments comprised of our Americas, EMEA and Asia-Pacific geographic regions. Our chief operating decision-maker evaluates performance, makes operating decisions and allocates resources based on our revenues and adjusted EBITDA performance both on a consolidated basis and based on these three reportable segments. Intercompany transactions between segments are excluded for management reporting purposes. The following tables present revenue information disaggregated by product lines and geographic areas (in thousands): Year Ended December 31, 2021 Americas EMEA Asia-Pacific Total Colocation (1) $ 2,002,253 $ 1,597,830 $ 1,042,131 $ 4,642,214 Interconnection 678,677 259,538 223,287 1,161,502 Managed infrastructure 168,577 124,937 87,343 380,857 Other (1) 12,430 19,626 3,856 35,912 Recurring revenues 2,861,937 2,001,931 1,356,617 6,220,485 Non-recurring revenues 159,814 153,285 101,953 415,052 Total $ 3,021,751 $ 2,155,216 $ 1,458,570 $ 6,635,537 (1) Includes some leasing and hedging activities. Year Ended December 31, 2020 Americas EMEA Asia-Pacific Total Colocation (1) $ 1,820,709 $ 1,504,770 $ 933,522 $ 4,259,001 Interconnection 622,327 213,490 187,441 1,023,258 Managed infrastructure 120,159 127,722 89,464 337,345 Other (1) 19,605 18,738 83 38,426 Recurring revenues 2,582,800 1,864,720 1,210,510 5,658,030 Non-recurring revenues 124,958 131,669 83,888 340,515 Total $ 2,707,758 $ 1,996,389 $ 1,294,398 $ 5,998,545 (1) Includes some leasing and hedging activities. Year Ended December 31, 2019 Americas EMEA Asia-Pacific Total Colocation (1) $ 1,769,654 $ 1,395,544 $ 857,009 $ 4,022,207 Interconnection 576,709 161,552 155,328 893,589 Managed infrastructure 90,262 113,631 88,735 292,628 Other (1) 19,743 10,019 — 29,762 Recurring revenues 2,456,368 1,680,746 1,101,072 5,238,186 Non-recurring revenues 131,359 125,698 66,897 323,954 Total $ 2,587,727 $ 1,806,444 $ 1,167,969 $ 5,562,140 (1) Includes some leasing and hedging activities. Total revenues attributed to the U.S. were $2.6 billion, $2.5 billion and $2.4 billion for the year ended December 31, 2021, 2020, and 2019, respectively. There is no country outside of the U.S. from which we derived revenues that exceeded 10% of our total revenues during any of these periods. No single customer accounted for 10% or greater of our accounts receivable or revenues for the year ended December 31, 2021, 2020, and 2019. We define adjusted EBITDA as income from operations excluding depreciation, amortization, accretion, stock-based compensation expense, restructuring charges, impairment charges, transaction costs and gain or loss on asset sales as presented below for the years ended December 31 (in thousands): 2021 2020 2019 Adjusted EBITDA: Americas $ 1,326,460 $ 1,186,022 $ 1,237,622 EMEA 1,033,333 974,246 827,980 Asia-Pacific 784,591 692,630 622,125 Total adjusted EBITDA 3,144,384 2,852,898 2,687,727 Depreciation, amortization and accretion expense (1,660,524) (1,427,010) (1,285,296) Stock-based compensation expense (363,774) (311,020) (236,539) Transaction costs (22,769) (55,935) (24,781) Impairment charges — (7,306) (15,790) Gain on asset sales 10,845 1,301 44,310 Income from operations $ 1,108,162 $ 1,052,928 $ 1,169,631 We also provide the following segment disclosures related to our operations as follows for the years ended December 31 (in thousands): 2021 2020 2019 Depreciation and amortization: Americas $ 865,910 $ 729,611 $ 669,498 EMEA 455,651 389,332 353,765 Asia-Pacific 334,729 304,426 261,574 Total $ 1,656,290 $ 1,423,369 $ 1,284,837 Capital expenditures: Americas $ 970,217 $ 866,989 $ 805,360 EMEA 1,049,279 888,239 733,326 Asia-Pacific 732,016 527,276 540,835 Total $ 2,751,512 $ 2,282,504 $ 2,079,521 Our long-lived assets, including property, plant and equipment, net and operating lease right-of-use assets, are located in the following geographic areas as of December 31 (in thousands): 2021 2020 Americas (1) $ 6,777,174 $ 6,429,861 EMEA 5,125,341 5,002,271 Asia-Pacific 3,543,260 3,070,952 Total Property, plant and equipment, net $ 15,445,775 $ 14,503,084 (1) Includes $5.4 billion and $5.2 billion, respectively, of property, plant and equipment, net attributed to the U.S. as of December 31, 2021 and 2020. 2021 2020 Americas (1) $ 297,300 $ 363,515 EMEA 470,330 547,547 Asia-Pacific 514,788 563,995 Total Operating lease right-of-use assets $ 1,282,418 $ 1,475,057 (1) Includes $271.0 million and $334.7 million of operating lease ROU assets attributed to the U.S. as of December 31, 2021 and 2020, respectively.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Declaration of dividends On February 16, 2022, we declared a quarterly cash dividend of $3.10 per share, which is payable on March 23, 2022 to our common stockholders of record as of the close of business on March 7, 2022. Credit Facility Refinancing On January 7, 2022, we closed our new credit facility, consisting of a $4.0 billion Revolving Credit Facility, which replaces our existing 2017 $2.0 billion Revolving Credit Facility, and a £500.0 million Term Loan. Proceeds from the £500.0 million Term Loan were used to repay our existing £406.3 million Term Loan, whereby we received a total net proceeds, net of the repayment and transaction expenses, of approximately £88.0 million, or $119.5 million at the exchange rate on that date. Asia-Pacific 3 Joint Venture ("APAC 3") Signing On January 27, 2022, we entered into an agreement to form a $525.0 million joint venture in the form of a limited liability partnership with GIC Private Limited, Singapore's sovereign wealth fund ("GIC"), to develop and operate two xScale data centers in Seoul, Korea.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate and Accumulated Depreciation	SCHEDULE III - SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2021 (Dollars in Thousands) Initial Costs to Company (1) Costs Capitalized Subsequent to Acquisition or Lease Total Costs Encumbrances Land Buildings and Improvements (2) Land Buildings and Improvements (2) Land Buildings and Improvements (2) Accumulated Depreciation (3) Date of Acquisition or Lease (4) Americas: AT1 ATLANTA (METRO) $— $— $— $— $151,612 $— $151,612 $(82,544) 2010 AT2 ATLANTA (METRO) — — — — 38,799 — 38,799 (28,723) 2010 AT3 ATLANTA (METRO) — — — — 4,453 — 4,453 (3,348) 2010 AT4 ATLANTA (METRO) — 5,400 20,209 — 20,446 5,400 40,655 (13,506) 2017 AT5 ATLANTA (METRO) — — 5,011 — 2,207 — 7,218 (5,101) 2017 BG1 BOGOTÁ (METRO), COLOMBIA — — 8,779 749 5,408 749 14,187 (5,040) 2017 BG2 BOGOTÁ (METRO), COLOMBIA — 4,815 — — 10,730 4,815 10,730 — 2021 BO1 BOSTON (METRO) — — — — 6,128 — 6,128 (6,128) 2010 BO2 BOSTON (METRO) — 2,500 30,383 — 36,598 2,500 66,981 (16,486) 2017 CH1 CHICAGO (METRO) — — — — 162,703 — 162,703 (108,670) 1999 CH2 CHICAGO (METRO) — — — — 118,498 — 118,498 (63,074) 2005 CH3 CHICAGO (METRO) — 9,759 — 351 354,558 10,110 354,558 (155,151) 2006 CH4 CHICAGO (METRO) — — — — 22,911 — 22,911 (14,761) 2009 CH7 CHICAGO (METRO) — 670 10,564 — 8,164 670 18,728 (6,185) 2017 CL1 CALGARY (METRO), CANADA — — 11,572 — 2,719 — 14,291 (3,419) 2020 CL2 CALGARY (METRO), CANADA — — 14,145 — 5,223 — 19,368 (4,293) 2020 CL3 CALGARY (METRO), CANADA — 7,910 69,334 395 15,473 8,304 84,807 (9,371) 2020 CU1 CULPEPER (METRO) — 1,019 37,581 — 5,734 1,019 43,315 (17,847) 2017 CU2 CULPEPER (METRO) — 1,244 48,000 — 12,546 1,244 60,546 (19,028) 2017 CU3 CULPEPER (METRO) — 1,088 37,387 — 3,104 1,088 40,491 (14,112) 2017 CU4 CULPEPER (METRO) — 1,372 27,832 — 34,983 1,372 62,815 (12,897) 2017 DA1 DALLAS (METRO) — — — — 69,250 — 69,250 (42,245) 2000 DA2 DALLAS (METRO) — — — — 81,911 — 81,911 (34,463) 2010 DA3 DALLAS (METRO) — — — — 97,996 — 97,996 (45,222) 2010 DA4 DALLAS (METRO) — — — — 16,789 — 16,789 (9,588) 2010 DA6 DALLAS (METRO) — — 20,522 — 174,231 — 194,753 (48,576) 2012 DA7 DALLAS (METRO) — — — — 30,709 — 30,709 (16,356) 2015 DA9 DALLAS (METRO) — 610 15,398 — 6,868 610 22,265 (7,481) 2017 DA11 DALLAS (METRO) — — — — 175,787 — 175,787 (13,565) 2018 INFOMART BUILDING DALLAS (METRO) — 24,380 337,643 3,293 26,974 27,673 364,617 (42,321) 2018 DC1 WASHINGTON, DC (METRO) — — — — 5,477 — 5,477 (2,251) 1999 DC2 WASHINGTON, DC (METRO) — — — 5,047 126,667 5,047 126,667 (98,822) 1999 DC3 WASHINGTON, DC (METRO) — — 37,451 — 50,459 — 87,910 (55,075) 2004 Initial Costs to Company (1) Costs Capitalized Subsequent to Acquisition or Lease Total Costs Encumbrances Land Buildings and Improvements (2) Land Buildings and Improvements (2) Land Buildings and Improvements (2) Accumulated Depreciation (3) Date of Acquisition or Lease (4) DC4 WASHINGTON, DC (METRO) — 1,906 7,272 — 74,265 1,906 81,537 (59,399) 2005 DC5 WASHINGTON, DC (METRO) — 1,429 4,983 — 93,177 1,429 98,160 (70,435) 2005 DC6 WASHINGTON, DC (METRO) — 1,429 5,082 — 92,783 1,429 97,865 (55,372) 2005 DC7 WASHINGTON, DC (METRO) — — — — 19,080 — 19,080 (14,401) 2010 DC10 WASHINGTON, DC (METRO) — — 44,601 — 88,492 — 133,093 (99,617) 2011 DC11 WASHINGTON, DC (METRO) — 1,429 5,082 — 187,604 1,429 192,686 (72,664) 2005 DC12 WASHINGTON, DC (METRO) — — 101,783 — 81,604 — 183,387 (37,732) 2017 DC13 WASHINGTON, DC (METRO) — 5,500 25,423 — 21,656 5,500 47,079 (16,183) 2017 DC14 WASHINGTON, DC (METRO) — 2,560 33,511 — 15,726 2,560 49,237 (14,491) 2017 DC15 WASHINGTON, DC (METRO) — 1,965 — 1,965 170,776 3,929 170,776 (12,708) 2018 DC21 WASHINGTON, DC (METRO) — 1,507 — — 100,804 1,507 100,804 (6,622) 2019 DC97 WASHINGTON, DC (METRO) — — 2,021 — 847 — 2,867 (1,564) 2017 DE1 DENVER (METRO) — — — — 9,849 — 9,849 (8,845) 2010 DE2 DENVER (METRO) — 5,240 23,053 — 31,064 5,240 54,116 (17,837) 2017 HO1 HOUSTON (METRO) — 1,440 23,780 — 33,281 1,440 57,060 (18,065) 2017 KA1 KAMLOOPS (METRO), CANADA — 2,991 46,983 149 6,768 3,140 53,751 (5,537) 2020 LA1 LOS ANGELES (METRO) — — — — 110,808 — 110,808 (75,153) 1999 LA2 LOS ANGELES (METRO) — — — — 10,582 — 10,582 (9,250) 2000 LA3 LOS ANGELES (METRO) — — 34,727 3,959 17,368 3,959 52,095 (43,042) 2005 LA4 LOS ANGELES (METRO) — 19,333 137,630 — 58,351 19,333 195,981 (102,469) 2009 LA7 LOS ANGELES (METRO) — 7,800 33,621 — 56,409 7,800 90,030 (17,280) 2017 MI1 MIAMI (METRO) — 18,920 127,194 — 112,732 18,920 239,925 (74,698) 2017 MI2 MIAMI (METRO) — — — — 22,677 — 22,677 (15,028) 2010 MI3 MIAMI (METRO) — — — — 33,886 — 33,886 (20,458) 2012 MI6 MIAMI (METRO) — 4,750 23,017 — 9,848 4,750 32,865 (13,768) 2017 MO1 MONTERREY (METRO), MEXICO — — 2,572 — 4,557 — 7,129 (909) 2020 MT1 MONTREAL (METRO), CANADA — — 76,932 — 12,745 — 89,678 (13,974) 2020 MX1 MEXICO CITY (METRO), MEXICO — 1,090 53,980 — 35,428 1,090 89,409 (8,341) 2020 MX2 MEXICO CITY (METRO), MEXICO — 1,090 16,061 — 52,318 1,090 68,379 (1,979) 2020 NY1 NEW YORK (METRO) — — — — 71,716 — 71,716 (47,232) 1999 NY2 NEW YORK (METRO) — — — 17,859 207,035 17,859 207,035 (135,182) 2000 NY4 NEW YORK (METRO) — — — — 364,176 — 364,176 (211,873) 2006 NY5 NEW YORK (METRO) — — — — 296,054 — 296,054 (99,005) 2010 NY6 NEW YORK (METRO) — — — — 95,441 — 95,441 (18,988) 2010 NY7 NEW YORK (METRO) — — 24,660 — 172,048 — 196,708 (142,718) 2010 NY9 NEW YORK (METRO) — — — — 50,109 — 50,109 (38,190) 2010 NY11 NEW YORK (METRO) — 2,050 58,717 — 24,588 2,050 83,305 (26,847) 2017 NY13 NEW YORK (METRO) — — 31,603 8,300 6,583 8,300 38,187 (18,342) 2017 Initial Costs to Company (1) Costs Capitalized Subsequent to Acquisition or Lease Total Costs Encumbrances Land Buildings and Improvements (2) Land Buildings and Improvements (2) Land Buildings and Improvements (2) Accumulated Depreciation (3) Date of Acquisition or Lease (4) OT1 OTTAWA (METRO), CANADA — 1,586 39,128 75 4,490 1,661 43,618 (5,397) 2020 PH1 PHILADELPHIA (METRO) — — — — 44,638 — 44,638 (21,454) 2010 RJ1 RIO DE JANEIRO (METRO), BRAZIL — — — — 18,064 — 18,064 (13,455) 2011 RJ2 RIO DE JANEIRO (METRO), BRAZIL — — 2,012 1,181 55,254 1,181 57,266 (19,885) 2012 SE2 SEATTLE (METRO) — — — — 31,109 — 31,109 (24,939) 2010 SE3 SEATTLE (METRO) — — 1,760 — 101,258 — 103,018 (63,601) 2011 SE4 SEATTLE (METRO) — 4,000 12,903 — 37,022 4,000 49,925 (11,090) 2017 SJ1 SAINT JOHN (METRO), CANADA — 162 14,276 8 1,428 170 15,703 (1,861) 2020 SP1 SÃO PAULO (METRO), BRAZIL — — 10,188 — 14,870 — 25,058 (18,478) 2011 SP2 SÃO PAULO (METRO), BRAZIL — — — 2,874 48,068 2,874 48,068 (35,184) 2011 SP3 SÃO PAULO (METRO), BRAZIL — 7,222 72,997 — 42,690 7,223 115,688 (37,026) 2017 SP4 SÃO PAULO (METRO), BRAZIL — — 22,027 — 57,782 — 79,809 (15,875) 2017 SV1 SILICON VALLEY (METRO) — — — 15,545 144,829 15,545 144,829 (100,483) 1999 SV2 SILICON VALLEY (METRO) — — — — 157,926 — 157,926 (100,979) 2003 SV3 SILICON VALLEY (METRO) — — — — 77,334 — 77,334 (41,552) 1999 SV4 SILICON VALLEY (METRO) — — — — 102,684 — 102,684 (26,207) 2005 SV5 SILICON VALLEY (METRO) — 6,238 98,991 — 101,852 6,238 200,843 (91,142) 2010 SV6 SILICON VALLEY (METRO) — — 15,585 — 30,329 — 45,914 (42,339) 2010 SV8 SILICON VALLEY (METRO) — — — — 157,147 — 157,147 (42,067) 2010 SV10 SILICON VALLEY (METRO) — 12,646 123,594 — 93,742 12,646 217,336 (42,743) 2017 SV11 SILICON VALLEY (METRO) — — — — 147,118 — 147,118 (3,081) 2019 SV12 SILICON VALLEY (METRO) — 20,313 — — 8,586 20,313 8,586 — 2015 SV13 SILICON VALLEY (METRO) — — 3,758 — — — 3,758 (3,225) 2017 SV14 SILICON VALLEY (METRO) — 3,638 5,503 — 3,782 3,638 9,285 (3,044) 2017 SV15 SILICON VALLEY (METRO) — 7,651 23,060 — 9,875 7,651 32,934 (11,023) 2017 SV16 SILICON VALLEY (METRO) — 4,271 15,018 — 5,056 4,271 20,074 (6,506) 2017 SV17 SILICON VALLEY (METRO) — — 17,493 — 3,368 — 20,862 (14,966) 2017 TR1 TORONTO (METRO), CANADA — — — — 92,608 — 92,608 (38,106) 2010 TR2 TORONTO (METRO), CANADA — — 21,113 107,044 142,753 107,044 163,865 (32,874) 2015 TR4 TORONTO (METRO), CANADA — — 13,985 — 4,014 — 17,999 (5,308) 2020 TR5 MARKHAM (METRO), CANADA — — 24,913 — 2,594 — 27,507 (5,928) 2020 TR6 BRAMPTON (METRO), CANADA — 9,386 58,704 3,316 — 12,702 58,704 (6,151) 2020 TR7 BRAMPTON (METRO), CANADA — 9,855 71,966 — 18,170 9,854 90,136 (13,019) 2020 VA1 BURNABY (METRO), CANADA — — 4,668 — 2,233 — 6,901 (1,048) 2020 WI1 WINNIPEG (METRO), CANADA — — 57,234 — 4,976 — 62,210 (2,379) 2020 OTHERS (5) — 76,482 52,099 — 122,301 76,482 174,400 (21,468) Various EMEA: Initial Costs to Company (1) Costs Capitalized Subsequent to Acquisition or Lease Total Costs Encumbrances Land Buildings and Improvements (2) Land Buildings and Improvements (2) Land Buildings and Improvements (2) Accumulated Depreciation (3) Date of Acquisition or Lease (4) AD1 ABU DHABI (METRO), UNITED ARAB EMIRATES — — — — 75,587 — 75,587 (11,797) 2017 AM1 AMSTERDAM (METRO), THE NETHERLANDS — — — — 98,785 — 98,785 (52,871) 2008 AM2 AMSTERDAM (METRO), THE NETHERLANDS — — — — 83,244 — 83,244 (34,928) 2008 AM3 AMSTERDAM (METRO), THE NETHERLANDS — — 27,099 — 134,758 — 161,857 (70,989) 2011 AM4 AMSTERDAM (METRO), THE NETHERLANDS — — — — 223,115 — 223,115 (36,326) 2016 AM5 AMSTERDAM (METRO), THE NETHERLANDS — — 92,199 — 16,153 — 108,352 (37,422) 2016 AM6 AMSTERDAM (METRO), THE NETHERLANDS — 6,616 50,876 539 92,063 7,155 142,938 (32,929) 2016 AM7 AMSTERDAM (METRO), THE NETHERLANDS — — 7,397 — 139,860 — 147,257 (25,536) 2016 AM8 AMSTERDAM (METRO), THE NETHERLANDS — — — — 11,692 — 11,692 (6,119) 2016 AM11 AMSTERDAM (METRO), THE NETHERLANDS — — 6,405 416 13,007 416 19,412 (2,761) 2019 BA1 BARCELONA (METRO), SPAIN — — 9,443 — 16,468 — 25,911 (9,654) 2017 BX1 BORDEAUX (METRO), FRANCE — 1,916 3,507 118 31,230 2,034 34,737 (778) 2020 DB1 DUBLIN (METRO), IRELAND — — — — 5,393 — 5,393 (4,455) 2016 DB2 DUBLIN (METRO), IRELAND — — 12,460 — 9,493 — 21,953 (10,735) 2016 DB3 DUBLIN (METRO), IRELAND — 3,334 54,387 271 20,819 3,605 75,206 (24,039) 2016 DB4 DUBLIN (METRO), IRELAND — — 26,875 — 19,088 — 45,963 (10,977) 2016 DU1 DÜSSELDORF (METRO), GERMANY — — — 8,235 33,389 8,235 33,389 (19,657) 2000 DX1 DUBAI (METRO), UNITED ARAB EMIRATES — — — — 93,205 — 93,205 (41,746) 2008 DX2 DUBAI (METRO), UNITED ARAB EMIRATES — — — — 667 — 667 (339) 2017 DX3 DUBAI (METRO), UNITED ARAB EMIRATES — 6,737 — — 5,460 6,737 5,460 (376) 2020 EN1 ENSCHEDE (METRO), THE NETHERLANDS — — — — 32,914 — 32,914 (24,331) 2008 FR2 FRANKFURT (METRO), GERMANY — — — 20,843 545,921 20,843 545,921 (171,728) 2007 FR4 FRANKFURT (METRO), GERMANY — 11,578 9,307 943 103,983 12,521 113,290 (39,794) 2009 FR5 FRANKFURT (METRO), GERMANY 30,310 — — 14,210 224,488 14,210 224,488 (59,488) 2012 FR6 FRANKFURT (METRO), GERMANY — — — — 140,753 — 140,753 (33,382) 2016 FR7 FRANKFURT (METRO), GERMANY — — 43,634 — 37,353 — 80,987 (31,181) 2016 FR8 FRANKFURT (METRO), GERMANY — 20,430 58,199 — 48,445 20,430 106,644 (1,119) 2020 FR11x FRANKFURT (METRO), GERMANY — — — — 31,566 — 31,566 (154) 2020 FR13 FRANKFURT (METRO), GERMANY — — — — 3,218 — 3,218 — 2021 Initial Costs to Company (1) Costs Capitalized Subsequent to Acquisition or Lease Total Costs Encumbrances Land Buildings and Improvements (2) Land Buildings and Improvements (2) Land Buildings and Improvements (2) Accumulated Depreciation (3) Date of Acquisition or Lease (4) GN1 GENOA (METRO), ITALY — — 1,988 — 2,772 — 4,760 (51) 2020 GV1 GENEVA (METRO), SWITZERLAND — — — — 26,319 — 26,319 (9,864) 2004 GV2 GENEVA (METRO), SWITZERLAND — — — — 44,778 — 44,778 (22,820) 2009 HE1 HELSINKI (METRO), FINLAND — — — — 4,008 — 4,008 (3,554) 2016 HE3 HELSINKI (METRO), FINLAND — — — — 15,371 — 15,371 (10,364) 2016 HE4 HELSINKI (METRO), FINLAND — — 29,092 — 7,063 — 36,155 (20,133) 2016 HE5 HELSINKI (METRO), FINLAND — — 7,564 — 19,633 — 27,197 (7,027) 2016 HE6 HELSINKI (METRO), FINLAND — — 17,204 1,594 30,980 1,594 48,185 (15,811) 2016 HE7 HELSINKI (METRO), FINLAND — 7,348 6,946 1,141 51,331 8,488 58,277 (5,421) 2018 HH1 HAMBURG (METRO), GERMANY — 3,612 5,360 610 47,875 4,222 53,235 (4,466) 2018 IL2 ISTANBUL (METRO), TURKEY — 14,460 39,289 — 41,641 14,460 80,930 (10,234) 2017 LD3 LONDON (METRO), UNITED KINGDOM — — — — 15,380 — 15,380 (14,747) 2000 LD4 LONDON (METRO), UNITED KINGDOM — — 23,044 — 137,786 — 160,831 (59,443) 2007 LD5 LONDON (METRO), UNITED KINGDOM — — 16,412 — 189,336 — 205,748 (107,560) 2010 LD6 LONDON (METRO), UNITED KINGDOM — — — — 151,375 — 151,375 (45,283) 2013 LD7 LONDON (METRO), UNITED KINGDOM — — — 2,271 271,256 2,271 271,256 (16,921) 2018 LD8 LONDON (METRO), UNITED KINGDOM — — 107,544 — 88,016 — 195,560 (59,180) 2016 LD9 LONDON (METRO), UNITED KINGDOM — — 181,431 — 176,718 — 358,149 (100,677) 2016 LD10 LONDON (METRO), UNITED KINGDOM — — 40,251 — 108,488 — 148,739 (22,593) 2017 LS1 LISBON (METRO), PORTUGAL — — 7,374 3,517 11,379 3,517 18,753 (4,690) 2017 MA1 MANCHESTER (METRO), UNITED KINGDOM — — — — 15,457 — 15,457 (9,016) 2016 MA2 MANCHESTER (METRO), UNITED KINGDOM — — — — 10,606 — 10,606 (9,336) 2016 MA3 MANCHESTER (METRO), UNITED KINGDOM — — 44,931 — 9,721 — 54,652 (31,547) 2016 MA4 MANCHESTER (METRO), UNITED KINGDOM — — 6,697 — 6,576 — 13,272 (9,222) 2016 MA5 MANCHESTER (METRO), UNITED KINGDOM — 3,706 6,874 407 73,093 4,113 79,967 (328) 2020 MD1 MADRID (METRO), SPAIN — — 7,917 7,825 7,236 7,825 15,153 (5,701) 2017 MD2 MADRID (METRO), SPAIN — — 40,952 — 70,588 — 111,540 (35,723) 2017 ML2 MILAN (METRO), ITALY — — — — 24,112 — 24,112 (15,321) 2016 ML3 MILAN (METRO), ITALY — — — 3,616 44,350 3,616 44,350 (15,565) 2016 ML4 MILAN (METRO), ITALY — — — — 9,293 — 9,293 (7,720) 2016 ML5 MILAN (METRO), ITALY — 6,894 20,952 — 74,033 6,894 94,985 (1,903) 2019 MU1 MUNICH (METRO), GERMANY — — — — 39,084 — 39,084 (19,432) 2007 MU3 MUNICH (METRO), GERMANY — — — — 5,909 — 5,909 (2,714) 2010 MU4 MUNICH (METRO), GERMANY — 12,127 35,120 — 51,418 12,127 86,538 (15) 2020 PA1 PARIS (METRO), FRANCE — — — — 20,946 — 20,946 (16,853) 2007 Initial Costs to Company (1) Costs Capitalized Subsequent to Acquisition or Lease Total Costs Encumbrances Land Buildings and Improvements (2) Land Buildings and Improvements (2) Land Buildings and Improvements (2) Accumulated Depreciation (3) Date of Acquisition or Lease (4) PA2 & PA3 PARIS (METRO), FRANCE — — 29,615 23,608 326,618 23,608 356,233 (144,908) 2007 PA4 PARIS (METRO), FRANCE — 1,598 9,503 5,516 246,653 7,114 256,156 (88,191) 2011 PA5 PARIS (METRO), FRANCE — — 16,554 — 11,829 — 28,383 (8,143) 2016 PA6 PARIS (METRO), FRANCE — — — — 73,366 — 73,366 (38,093) 2016 PA7 PARIS (METRO), FRANCE — — — — 23,419 — 23,419 (11,932) 2016 PA10 PARIS (METRO), FRANCE — — 100,933 — — — 100,933 — 2021 SA1 SEVILLE (METRO), SPAIN — — 1,567 — 1,572 — 3,139 (2,162) 2017 SK1 STOCKHOLM, (METRO), SWEDEN — — 15,495 — 41,282 — 56,777 (11,370) 2016 SK2 STOCKHOLM, (METRO), SWEDEN — — 80,148 3,914 81,981 3,914 162,129 (39,960) 2016 SK3 STOCKHOLM, (METRO), SWEDEN — — — — 23,857 — 23,857 (6,546) 2016 SO1 SOFIA (METRO), BULGARIA — — 5,236 — 4,470 — 9,706 (3,191) 2016 SO2 SOFIA (METRO), BULGARIA — 2,719 — 39 18,118 2,758 18,118 (2,099) 2017 WA1 WARSAW (METRO), POLAND — — 5,950 — 25,321 — 31,271 (9,228) 2016 WA2 WARSAW (METRO), POLAND — — 4,709 — 9,337 — 14,046 (5,436) 2016 WA3 WARSAW (METRO), POLAND — 2,647 — — 64,414 2,648 64,414 (2,873) 2017 ZH2 ZURICH (METRO), SWITZERLAND — — — — 3,915 — 3,915 (2,748) 2002 ZH4 ZURICH (METRO), SWITZERLAND — — 11,284 — 39,677 — 50,961 (28,110) 2009 ZH5 ZURICH (METRO), SWITZERLAND — — — 8,075 225,653 8,075 225,653 (35,657) 2009 ZW1 ZWOLLE (METRO), THE NETHERLANDS — — — — 10,518 — 10,518 (8,976) 2008 OTHERS (5) — 59,811 18,309 17,398 32,642 77,209 50,951 (9,560) Various Asia-Pacific: AE1 ADELAIDE (METRO), AUSTRALIA — 2,654 1,015 96 2,149 2,749 3,164 (994) 2018 BR1 BRISBANE (METRO), AUSTRALIA — 3,159 1,053 114 2,968 3,273 4,021 (845) 2018 CA1 CANBERRA (METRO), AUSTRALIA — — 18,410 — 8,454 — 26,864 (3,369) 2018 HK1 HONG KONG (METRO), CHINA — — — — 301,395 — 301,395 (122,088) 2003 HK2 HONG KONG (METRO), CHINA — — — — 243,358 — 243,358 (177,462) 2010 HK3 HONG KONG (METRO), CHINA — — — — 182,078 — 182,078 (90,545) 2012 HK4 HONG KONG (METRO), CHINA — — — — 95,305 — 95,305 (20,654) 2012 HK5 HONG KONG (METRO), CHINA — — 70,002 — 40,919 — 110,921 (26,895) 2017 MB1 MUMBAI (METRO), INDIA — 573 28,457 — 484 573 28,941 (658) 2021 MB2 MUMBAI (METRO), INDIA — — 56,725 — 1,315 — 58,040 (1,331) 2021 ME1 MELBOURNE (METRO), AUSTRALIA — 14,926 — 538 93,006 15,464 93,006 (29,361) 2013 ME2 MELBOURNE (METRO), AUSTRALIA — — — — 102,610 — 102,610 (7,310) 2018 ME4 MELBOURNE (METRO), AUSTRALIA — 3,425 84,175 124 15,526 3,549 99,701 (23,979) 2018 ME5 MELBOURNE (METRO), AUSTRALIA — 6,655 4,094 240 4,754 6,895 8,847 (2,882) 2018 OS1 OSAKA (METRO), JAPAN — — 14,876 — 104,213 — 119,089 (42,667) 2013 OS3 OSAKA (METRO), JAPAN — — — — 199,271 — 199,271 (7,274) 2020 Initial Costs to Company (1) Costs Capitalized Subsequent to Acquisition or Lease Total Costs Encumbrances Land Buildings and Improvements (2) Land Buildings and Improvements (2) Land Buildings and Improvements (2) Accumulated Depreciation (3) Date of Acquisition or Lease (4) PE1 PERTH (METRO), AUSTRALIA — 1,347 1,337 49 2,100 1,396 3,437 (596) 2018 PE2 PERTH (METRO), AUSTRALIA — — 16,327 — 17,390 — 33,717 (8,124) 2018 PE3 PERTH (METRO), AUSTRALIA — — — — 56,004 — 56,004 (4) 2020 SG1 SINGAPORE (METRO) — — — — 291,489 — 291,489 (133,905) 2003 SG2 SINGAPORE (METRO) — — — — 339,887 — 339,887 (232,450) 2008 SG3 SINGAPORE (METRO) — — 34,844 — 239,648 — 274,492 (71,579) 2013 SG4 SINGAPORE (METRO) — — 54,602 — 146,113 — 200,715 (17,748) 2019 SG5 SINGAPORE (METRO) — — — — 197,620 — 197,620 (4,016) 2019 SH2 SHANGHAI (METRO), CHINA — — — — 7,290 — 7,290 (3,562) 2012 SH3 SHANGHAI (METRO), CHINA — — 7,066 — 14,596 — 21,662 (8,140) 2012 SH5 SHANGHAI (METRO), CHINA — — 11,284 — 24,662 — 35,946 (17,322) 2012 SH6 SHANGHAI (METRO), CHINA — — 16,545 — 37,873 — 54,418 (6,124) 2017 SL1 SEOUL (METRO), SOUTH KOREA — — 29,236 — 37,580 — 66,816 (12,612) 2019 SY1 SYDNEY (METRO), AUSTRALIA — — — 86,206 38,251 86,206 38,251 (24,756) 2003 SY2 SYDNEY (METRO), AUSTRALIA — — 3,080 — 28,268 — 31,348 (24,941) 2008 SY3 SYDNEY (METRO), AUSTRALIA — — 8,712 — 150,497 — 159,209 (91,013) 2010 SY4 SYDNEY (METRO), AUSTRALIA — — — — 184,417 — 184,417 (55,173) 2014 SY5 SYDNEY (METRO), AUSTRALIA — 82,091 — 2,948 246,519 85,039 246,519 (15,090) 2018 SY6 SYDNEY (METRO), AUSTRALIA — 8,860 64,197 319 15,492 9,179 79,689 (13,191) 2018 SY7 SYDNEY (METRO), AUSTRALIA — 2,745 47,350 99 6,844 2,844 54,194 (9,078) 2018 SY8 SYDNEY (METRO), AUSTRALIA — — 1,073 — 500 — 1,573 (1,149) 2018 TY1 TOKYO (METRO), JAPAN — — — — 35,993 — 35,993 (22,284) 2000 TY2 TOKYO (METRO), JAPAN — — — — 93,532 — 93,532 (66,919) 2006 TY3 TOKYO (METRO), JAPAN — — — — 77,305 — 77,305 (44,811) 2010 TY4 TOKYO (METRO), JAPAN — — — — 78,446 — 78,446 (36,604) 2012 TY5 TOKYO (METRO), JAPAN — — 102 — 61,821 — 61,923 (20,456) 2014 TY6 TOKYO (METRO), JAPAN — — 37,941 — 17,821 — 55,762 (37,344) 2015 TY7 TOKYO (METRO), JAPAN — — 13,175 — 6,280 — 19,455 (14,370) 2015 TY8 TOKYO (METRO), JAPAN — — 53,848 — 12,625 — 66,472 (30,152) 2015 TY9 TOKYO (METRO), JAPAN — — 106,710 — 23,644 — 130,354 (83,055) 2015 TY10 TOKYO (METRO), JAPAN — — 69,881 — 15,220 — 85,102 (28,348) 2015 TY11 TOKYO (METRO), JAPAN — — 22,099 — 221,004 — 243,103 (19,907) 2018 OTHERS (5) — — 1,733 — 17,921 — 19,654 (9,964) Various TOTAL LOCATIONS $30,310 $598,614 $4,687,056 $387,949 $16,232,443 $986,560 $20,919,495 $(7,274,860) (1) The initial cost was $0 if the lease of the respective IBX was classified as an operating lease. (2) Building and improvements include all fixed assets except for land. (3) Buildings and improvements are depreciated on a straight line basis over estimated useful live as described under described in Note 1 within the Consolidated Financial Statements. (4) Date of lease or acquisition represents the date we leased the facility or acquired the facility through purchase or acquisition. (5) Includes various IBXs that are under initial development and costs incurred at certain central locations supporting various IBX functions. The aggregate gross cost of our properties for federal income tax purpose approximated $29.1 billion (unaudited) as of December 31, 2021. The following table reconciles the historical cost of our properties for financial reporting purposes for each of the years in the three-year period ended December 31, 2021 (in thousands). Gross Fixed Assets: 2021 2020 2019 Balance, beginning of period $ 20,161,785 $ 16,927,332 $ 15,020,198 ASC 842 adoption impact (1) — — (276,671) Additions (including acquisitions and improvements) 2,977,992 3,110,907 2,632,472 Disposals (648,516) (446,864) (463,485) Foreign currency transaction adjustments and others (585,206) 570,410 14,818 Balance, end of year $ 21,906,055 $ 20,161,785 $ 16,927,332 Accumulated Depreciation: 2021 2020 2019 Balance, beginning of period $ (6,399,477) $ (5,329,182) $ (4,517,016) ASC 842 adoption impact (1) — — (7,846) Additions (depreciation expense) (1,224,874) (1,036,452) (926,046) Disposals 149,231 109,230 128,352 Foreign currency transaction adjustments and others 200,260 (143,073) (6,626) Balance, end of year $ (7,274,860) $ (6,399,477) $ (5,329,182) (1) Upon the adoption of Topic 842 on January 1, 2019, we de-recognized certain fixed assets under built-to-suite leases due to the conversion of certain build-to-suit leases to operating leases. See Note 1 within the Consolidated Financial Statements.

Nature of Business and Summar_2

Nature of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation, Consolidation and Foreign Currency	Basis of Presentation, Consolidation and Foreign Currency The accompanying consolidated financial statements include the accounts of Equinix and its subsidiaries, including the acquisitions of: • Switch Datacenters' AMS1 data center business in Amsterdam, Netherlands from April 18, 2019; • Three data centers in Mexico acquired from Axtel S.A.B. de C.V ("Axtel") from January 8, 2020; • Packet Host, Inc. (“Packet”), including its operations and technology, from March 2, 2020; • 12 data center sites across Canada from BCE Inc. ("Bell") from October 1, 2020 and one additional data center site from November 2, 2020; and • Two data center sites in Mumbai, India from GPX India ("GPX India Acquisition") from September 1, 2021.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with the accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. On an ongoing basis, we evaluate our estimates, including, but not limited to, those related to the allowance for credit losses, fair values of financial and derivative instruments, intangible assets and goodwill, assets acquired and liabilities assumed from acquisitions, useful lives of intangible assets and property, plant and equipment, leases, asset retirement obligations, other accruals, and income taxes. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable.
Cash, Cash Equivalents and Short-Term Investments	Cash, Cash Equivalents and Short-Term Investments We consider all highly liquid instruments with an original maturity from the date of purchase of 90 days or less to be cash equivalents. Cash equivalents consist of money market mutual funds and certificates of deposit with original maturities up to 90 days. Short-term investments generally consist of certificates of deposit with original maturities of between 90 days and 1 year. Publicly traded equity securities are measured at fair value with changes in the fair values recognized within other income (expense) in our consolidated statements of operations. We review our investment portfolio quarterly to determine if any securities may be other-than-temporarily impaired due to increased credit risk, changes in industry or sector of a certain instrument or ratings downgrades.
Equity Method Investments and Non-marketable Equity Investments	Equity Method Investments We enter into joint venture or partnership arrangements to invest in certain entities for business development objectives. At the inception of these arrangements and if a reconsideration event has occurred, we assess our interests with such entities to determine whether any of the entities meet the definition of a VIE. A VIE is an entity that either (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support, or (ii) has equity investors who lack the characteristics of a controlling financial interest. We are required to consolidate the assets and liabilities of VIEs when we are deemed to be the primary beneficiary. The primary beneficiary of a VIE is the entity that meets both of the following criteria: (i) has the power to make decisions that most significantly affect the economic performance of the VIE; and (ii) has the obligation to absorb losses or the right to receive benefits that in either case could potentially be significant to the VIE. For VIEs where we are not the primary beneficiary, and other joint ventures or partnerships that are not VIEs, where we have the ability to exercise significant influence over the entity, we account for our investment under the equity method of accounting. Equity method investments are initially measured at cost, or at fair value when the investment represents a retained equity interest in a deconsolidated business or derecognized distinct non-financial assets. Equity investments are subsequently adjusted for cash contributions, distributions and our share of the income and losses of the investees. We record our equity method investments in other assets in the consolidated balance sheet. Our proportionate shares of the income or loss from our equity method investments are recorded in other income in the consolidated statement of operations. We review our investments quarterly to determine if any investments may be impaired considering both qualitative and quantitative factors that may have a significant impact on the investees' fair value. We did not record any impairment charges related to our equity method investments for the years ended December 31, 2021, 2020 and 2019. For further information on our Equity Method Investments, see Note 6. Non-marketable Equity Investments We also have investments in non-marketable equity securities, where we do not have the ability to exercise significant influence over the investees. We elected the measurement alternative under which the securities are measured at cost minus impairment, if any, and adjusted for changes resulting from qualifying observable price changes. We record non-marketable equity investment in other assets in the consolidated balance sheet. We review our non-marketable equity investments quarterly to determine if any investments may be impaired considering both qualitative and quantitative factors that may have a significant impact on the investees' fair value. We did not record any impairment charges related to our non-marketable equity investments for the years ended December 31, 2021, 2020 and 2019.
Financial Instruments and Concentration of Credit Risk	Financial Instruments and Concentration of Credit Risk Financial instruments which potentially subject us to concentrations of credit risk consist of cash and cash equivalents, short-term investments and accounts receivable. Risks associated with cash and cash equivalents and short-term investments are mitigated by our investment policy, which limits our investing to only those marketable securities rated at least A-1/P-1 Short Term Rating or A-/A3 Long Term Rating, as determined by independent credit rating agencies.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at our original cost or at fair value for property, plant and equipment acquired through acquisitions, net of depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the respective assets. Buildings under finance leases, Leasehold improvements and integral equipment at leased locations are amortized over the shorter of the lease term or the estimated useful life of the asset or improvement. We capitalize certain internal and external costs associated with the development and purchase of internal-use software in property, plant and equipment, net on the consolidated balance sheets. This includes costs incurred in cloud computing arrangements ("CCA"), where it is both feasible and contractually permissible without significant penalty for us to take possession of the software. All other CCAs are considered service contracts, and the licensing and implementation costs incurred associated with such contracts are capitalized in other assets on the consolidated balance sheets. Capitalized internal-use software costs and capitalized implementation costs are amortized on a straight-line basis over the estimated useful lives of the software or arrangements. Our estimated useful lives of property, plant and equipment are generally as follows: Core systems 3 - 40 years Buildings 12 - 60 years Leasehold improvements 12 - 40 years Personal Property, including capitalized internal-use software 3 - 10 years Our construction in progress includes direct and indirect expenditures for the construction and expansion of IBX data centers and is stated at original cost. We contracted out substantially all of the construction and expansion efforts of our IBX data centers to independent contractors under construction contracts. Construction in progress includes costs incurred under construction contracts including project management services, engineering and schematic design services, design development, construction services and other construction-related fees and services. In addition, we capitalized interest costs during the construction phase. Once an IBX data center or expansion project becomes operational, these capitalized costs are allocated to certain property, plant and equipment categories and are depreciated over the estimated useful life of the underlying assets.
Assets Held for Sale	Assets Held for Sale Assets and liabilities to be disposed of that meet all of the criteria to be classified as held for sale are reported at the lower of their carrying amounts or fair values less costs to sell. We recorded an impairment charge of $7.3 million relating to assets held for sale for the year ended December 31, 2020. Assets are not depreciated or amortized while they are classified as held for sale.
Asset Retirement Costs and Asset Retirement Obligations	Asset Retirement Costs and Asset Retirement ObligationsOur asset retirement obligations are primarily related to our IBX data centers, of which the majority are leased under long-term arrangements and are required to be returned to the landlords in their original condition. The majority of our IBX data center leases have been subject to significant development by us in order to convert them from, in most cases, vacant buildings or warehouses into IBX data centers. The fair value of a liability for an asset retirement obligation is recognized in the period in which it is incurred. The associated retirement costs are capitalized and included as part of the carrying value of the long-lived asset and amortized over the useful life of the asset. Subsequent to the initial measurement, we accrete the liability in relation to the asset retirement obligations over time and the accretion expense is recorded as a cost of revenue.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets We have three reportable segments comprised of the 1) Americas, 2) EMEA and 3) Asia-Pacific geographic regions, which we also determined are our reporting units. Goodwill is not amortized and is tested for impairment at least annually or more often if and when circumstances indicate that goodwill is not recoverable. We assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. Qualitative factors considered in the assessment include industry and market conditions, overall financial performance, and other relevant events and factors affecting the reporting unit. If, after assessing the qualitative factors, we determine that it is not more likely than not that the fair value of a reporting unit is less than its carrying value, then performing a quantitative impairment test is unnecessary. However, if we conclude otherwise, then we are required to perform a quantitative goodwill impairment test. The quantitative impairment test, which is used to identify both the existence of impairment and the amount of impairment loss, compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered impaired. If the carrying value of the reporting unit exceeds its fair value, any excess of the reporting unit goodwill carrying value over the respective implied fair value is recognized as an impairment loss. As of December 31, 2021, 2020 and 2019, we concluded that it was more likely than not that goodwill attributed to our Americas, EMEA and Asia-Pacific reporting units was not impaired as the fair value of each reporting unit exceeded the carrying value of its respective reporting unit, including goodwill.
Debt Issuance Costs	Debt Issuance Costs Costs and fees incurred upon debt issuances are capitalized and are amortized over the life of the related debt based on the effective interest method. Such amortization is included as a component of interest expense. Debt issuance costs related to outstanding debt are presented as a reduction of the carrying amount of the debt obligation and debt issuance costs related to the revolving credit facility are presented as other assets. For further information on debt facilities, see Note 11 below.
Derivatives and Hedging Activities	Derivatives and Hedging Activities We use derivative instruments, including foreign currency forwards and options and cross-currency interest rate swaps, to manage certain foreign currency exposures. Derivative instruments are viewed as risk management tools by us and are not used for speculative purposes. We recognize all derivatives on our consolidated balance sheets at fair value. The accounting for changes in the value of a derivative depends on whether the contract qualifies and has been designated for hedge accounting. In order to qualify for hedge accounting, a derivative must be considered highly effective at reducing the risk associated with the exposure being hedged and there must be documentation of the risk management objective and strategy, including identification of the hedging instrument, the hedged item and the risk exposure, and the effectiveness assessment methodology. For cash flow hedges, we use regression analysis at the time they are designated to assess their effectiveness. Hedge designations are reviewed on a quarterly basis to assess whether circumstances have changed that would disrupt the hedge instrument's relationship to the forecasted transactions or net investment. We use the forward method to assess effectiveness of qualifying foreign currency forwards that are designated as cash flow hedges, whereby, the change in the fair value of the derivative is recorded in other comprehensive income (loss) and reclassified to the same line item in the consolidated statement of operations that is used to present the earnings effect of the hedged item when the hedged item affects earnings. We use the spot method to assess effectiveness of qualifying foreign currency exchange options that are designated as cash flow hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and reclassified to the same line item in the consolidated statement of operations that is used to present the earnings effect of the hedged item when the hedged item affects earnings, and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized on a straight-line basis to the same line item in the consolidated statement of operations that is used to present the earnings effect of the hedged item. When two or more derivative instruments in combination are jointly designated as a cash flow hedging instrument, as with foreign currency exchange option collars, they are treated as a single instrument. If the hedge relationship is terminated for any derivatives designated as cash flow hedges, then the change in fair value of the derivative recorded in other comprehensive income (loss) is recognized in earnings when the previously hedged item affects earnings, consistent with the original hedge strategy. For hedge relationships that are discontinued because the forecasted transaction is not expected to occur according to the original strategy, then any related derivative amounts recorded in other comprehensive income (loss) are immediately recognized in earnings. From time to time, we use derivative instruments, including treasury locks and swap locks (collectively, "interest rate locks") to manage certain interest rate exposures. An interest rate lock is a synthetic forward sale of a benchmark interest rate, which is settled in cash based upon the difference between an agreed upon rate at inception and the prevailing benchmark rate at settlement. It effectively fixes the benchmark rate component of an upcoming debt issuance. The interest rate lock transactions are designated as cash flow hedges, with all changes in value reported in other comprehensive income (loss). Subsequent to settlement, amounts in other comprehensive income are amortized to interest expense over the term of the forecasted hedged transaction which is equivalent to the term interest rate locks. We use the spot method to assess effectiveness of cross-currency interest rate swaps that are designated as net investment hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized to interest expense on a straight-line basis. From time to time, we also use foreign exchange forward contracts to hedge against the effect of foreign exchange rate fluctuations on a portion of its net investment in the foreign subsidiaries. We use the spot method to assess effectiveness of qualifying foreign currency forwards that are designated as net investment hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive Derivative Assets and Liabilities . Inputs used for valuations of derivatives are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant inputs are observable in the market or can be corroborated by observable market data. The significant inputs used include spot currency rates and forward points,
Fair Value of Financial Instruments and Fair Value Measurements	Fair Value of Financial Instruments The carrying value of our cash and cash equivalents, short-term investments and derivative instruments represent their fair value, while our accounts receivable, accounts payable and accrued expenses and accrued property, plant and equipment approximate their fair value due primarily to the short-term maturity of the related instruments. The fair value of our debt, which is traded in the public debt market, is based on quoted market prices. The fair value of our debt, which is not publicly traded, is estimated by considering our credit rating, current rates available to us for debt of the same remaining maturities and terms of the debt. Fair Value Measurements We measure and report certain financial assets and liabilities at fair value on a recurring basis, including our investments in money market funds, certificates of deposit, publicly traded equity securities and derivatives. We also follow the accounting standard for the measurement of fair value for non-financial assets and liabilities on a nonrecurring basis. These include: • Non-financial assets and non-financial liabilities initially measured at fair value in a business combination or other new basis event, but not measured at fair value in subsequent reporting periods; • Reporting units and non-financial assets and non-financial liabilities measured at fair value for goodwill impairment tests; • Indefinite-lived intangible assets measured at fair value for impairment assessments; • Non-financial long-lived assets or asset groups measured at fair value for impairment assessments or disposal; • Asset retirement obligations initially measured at fair value but not subsequently measured at fair value; and • Assets and liabilities classified as held for sale are measured at fair value less costs to sell and reported at the lower of the carrying amounts or the fair values less costs to sell.
Leases	Leases On January 1, 2019, we adopted Topic 842 using the alternative transition method and recognized an insignificant cumulative effect of initially applying the standard as an adjustment to the opening balance of retained earnings. We enter into lease arrangements primarily for land, data center spaces, office spaces and equipment. At its inception, we determine whether an arrangement is or contains a lease. We recognize a right-of-use ("ROU") asset and lease liability on the consolidated balance sheet for all leases with a term longer than 12 months, including renewals options that we are reasonably certain to exercise. ROU assets represent our right to use an underlying asset for the lease term. Lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are classified and recognized at the commencement date. When there is a lease modification, including a change in lease term, we reassess its classification and remeasure the ROU asset and lease liability.
Revenue	Revenue Revenue Recognition Equinix derives more than 90% of its revenues from recurring revenue streams, consisting primarily of (1) colocation, which includes the licensing of cabinet space and power; (2) interconnection offerings, such as cross connects and Equinix Exchange ports; (3) managed infrastructure solutions and (4) other revenues consisting of rental income from tenants or subtenants. The remainder of our revenues are from non-recurring revenue streams, such as installation revenues, professional services, contract settlements and equipment sales. Revenues by service lines and geographic areas are included in segment information. For further information on segment information, see Note 17 below. Under the revenue accounting guidance, revenues are recognized when control of these products and services is transferred to its customers, in an amount that reflects the consideration it expects to be entitled to in exchange for the products and services. Revenues from recurring revenue streams are generally billed monthly and recognized ratably over the term of the contract, generally 1 to 3 years for IBX data center colocation customers. Non-recurring installation fees, although generally paid upfront upon installation, are deferred and recognized ratably over the contract term. Professional service fees and equipment sales are recognized in the period when the services were provided. For the contracts with customers that contain multiple performance obligations, we account for individual performance obligations separately if they are distinct or as a series of distinct obligations if the individual performance obligations meet the series criteria. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. The transaction price is allocated to the separate performance obligation on a relative standalone selling price basis. The standalone selling price is determined based on overall pricing objectives, taking into consideration market conditions, geographic locations and other factors. Other judgments include determining if any variable consideration should be included in the total contract value of the arrangement such as price increases. Revenue is generally recognized on a gross basis as a principal versus on a net basis as an agent, as we are primarily responsible for fulfilling the contract, bear inventory risk and have discretion in establishing the price when selling to the customer. To the extent we do not meet the criteria for recognizing revenue on a gross basis, we record the revenue on a net basis. Revenue from contract settlements, when a customer wishes to terminate their contract early, is treated as a contract modification and recognized ratably over the remaining term of the contract, if any. We guarantee certain service levels, such as uptime, as outlined in individual customer contracts. If these service levels are not achieved due to any failure of the physical infrastructure or offerings, or in the event of certain instances of damage to customer infrastructure within our IBX data centers, we would reduce revenue for any credits or cash payments given to the customer. Historically, these credits and cash payments have not been significant. We enter into revenue contracts with customers for data centers and office spaces, which contain both lease and non-lease components. We elected to adopt the practical expedient which allows lessors to combine lease and non-lease components, by underlying class of asset, and account for them as one component if they have the same timing and pattern of transfer. The combined component is accounted for in accordance with the current lease accounting guidance ("Topic 842") if the lease component is predominant, and in accordance with Topic 606 if the non-lease component is predominant. Lessors are permitted to adopt this practical expedient on a retrospective or prospective basis. We elected to apply the practical expedient prospectively based on classes of underlying assets. In general, customer contracts for data centers are accounted for under Topic 606 and customer contracts for the use of office space are accounted for under Topic 842, which are generally classified as operating leases and are recognized on a straight-line basis over the lease term. Certain customer agreements are denominated in currencies other than the functional currencies of the parties involved. Under applicable accounting rules, we are deemed to have foreign currency forward contracts embedded in these contracts. We assessed these embedded contracts and concluded them to be foreign currency embedded derivatives (see Note 8). These instruments are separated from their host contracts and held on our consolidated balance sheet at their fair value. The majority of these foreign currency embedded derivatives arise in certain of our subsidiaries where the local currency is the subsidiary's functional currency and the customer contract is denominated in the U.S. dollar. Changes in their fair values are recognized within revenues in our consolidated statements of operations. Contract Balances The timing of revenue recognition, billings and cash collections result in accounts receivables, contract assets and deferred revenues. A receivable is recorded at the invoice amount, net of an allowance for credit losses and is recognized in the period when we have transferred products or provided services to our customers and when its right to consideration is unconditional. Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 30 to 45 days. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined that our contracts generally do not include a significant financing component. We assess collectability based on a number of factors, including past transaction history with the customer and the credit-worthiness of the customer. We generally do not request collateral from our customers although in certain cases we obtain a security interest in a customer's equipment placed in our IBX data centers or obtain a deposit. We also maintain an allowance for estimated losses on a lifetime loss basis resulting from the inability of our customers to make required payments for which we had expected to collect the revenues in accordance with the new credit loss guidance accounting guidance ("Topic 326"). The financial condition of our customers were to deteriorate or if they became insolvent, resulting in an impairment of their ability to make payments, greater allowances for credit losses may be required. Management specifically analyzes accounts receivable and current economic news, conditions and trends, historical loss rates, customer concentrations, customer credit-worthiness, changes in customer payment terms and any applicable long term forecast when evaluating revenue recognition and the adequacy of our reserves. Any amounts that were previously recognized as revenue and subsequently determined to be uncollectable are charged to bad debt expense included in sales and marketing expense in the consolidated statements of operations. A specific bad debt reserve of up to the full amount of a particular invoice value is provided for certain problematic customer balances. An additional reserve is established for all other accounts based on an analysis of historical credits issued. Delinquent account balances are written off after management has determined that the likelihood of collection is not probable. A contract asset exists when we have transferred products or provided services to our customers but customer payment is conditioned on reasons other than the passage of time, such as upon the satisfaction of additional performance obligations. Certain contracts include terms related to price arrangements such as price increases and free months. We recognize revenues ratably over the contract term, which could potentially give rise to contract assets during certain periods of the contract term. Contract assets are recorded in other current assets and other assets in the consolidated balance sheet. Deferred revenue (a contract liability) is recognized when we have an unconditional right to a payment before it transfers products or services to customers. Deferred revenue is included in other current liabilities and other liabilities, respectively, in the consolidated balance sheet. Contract Costs Direct and indirect incremental costs solely related to obtaining revenue contracts are capitalized as costs of obtaining a contract, when they are incremental and if they are expected to be recovered. Such costs consist primarily of commission fees and sales bonuses, as well as indirect related payroll costs. In 2021, contract costs are amortized over the estimated period of 5.5 years on a straight-line basis. We elected to apply the practical expedient which allows us to expense contract costs when incurred, if the amortization period is one year or less.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Under this method, deferred tax assets and liabilities are recognized based on the future tax consequences attributable to differences that exists between the financial statement carrying amounts of assets and liabilities and their respective tax bases, as well as tax attributes such as operating loss, capital loss and tax credits carryforwards on a taxing jurisdiction basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts that are expected more likely than not to be realized in the future. A tax benefit from an uncertain income tax position may be recognized in the financial statements only if it is more likely than not that the position is sustainable, based solely on its technical merits and consideration of the relevant taxing authority's widely understood administrative practices and precedents. Recognized income tax positions are measured at the largest amount that has a greater than 50 percent likelihood of being realized. Any subsequent changes in recognition or measurement are reflected in the period in which the change in judgment occurs. We elected to be taxed as a REIT for U.S. federal income tax purposes beginning with our 2015 taxable year. As a result, we may deduct the dividends made to our stockholders from taxable income generated by us and that of our qualified REIT subsidiaries ("QRSs"). Our dividends paid deduction generally eliminates the U.S. federal taxable income of our REIT and QRSs, resulting in no U.S. federal income tax due. However, our domestic taxable REIT subsidiaries ("TRSs") are subject to the U.S. corporate income taxes on any taxable income generated by them. In addition, our foreign operations are subject to local income taxes regardless of whether the foreign operations are operated as QRSs or TRSs. Our qualification and taxation as a REIT depend on our satisfaction of certain asset, income, organizational, distribution, stockholder ownership and other requirements on a continuing basis. Our ability to satisfy quarterly asset tests depends upon our analysis and the fair market values of our REIT and non-REIT assets. For purposes of the quarterly REIT asset tests, we estimate the fair market value of assets within our QRSs and TRSs using a discounted cash flow approach, by calculating the present value of forecasted future cash flows. We apply discount rates based on industry benchmarks relative to the market and forecasting risks. Other significant assumptions used to estimate the fair market value of assets in QRSs and TRSs include projected revenue growth, projected operating margins, and projected capital expenditures. We revisit significant assumptions periodically to reflect any changes due to business or economic environment.
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation cost is measured at the grant date for all stock-based awards made to employees and directors based on the fair value of the award. We generally recognize stock-based compensation expense on a straight-line basis over the requisite service period of the awards, which is generally the vesting period. However, for awards with market conditions or performance conditions, stock-based compensation expense is recognized on a straight-line basis over the requisite service period for each vesting tranche of the award. We elected to estimate forfeitures based on historical forfeiture rates. We grant restricted stock units ("RSUs") or restricted stock awards ("RSAs") to our employees and these equity awards generally have only a service condition. We grant RSUs to our executives and these awards generally have a service and performance condition or a service and market condition. Performance conditions contained in an equity award are generally tied to our financial performance or a specific region of our company. We assess the probability of meeting these performance conditions on a quarterly basis. The majority of our RSUs vest over four years, although certain equity awards for executives vest over a range of two We use the Black-Scholes option-pricing model to determine the fair value of our employee stock purchase plan ("ESPP"). The determination of the fair value of shares purchased under the ESPP is affected by assumptions regarding a number of complex and subjective variables including our expected stock price volatility over the term of the awards and actual and projected employee stock purchase behaviors. We estimated the expected volatility by using the average historical volatility of its common stock that it believed was best representative of future volatility. The risk-free interest rate used was based on U.S. Treasury zero-coupon issues with remaining terms similar to the expected term of the equity awards. The expected dividend rate used was based on average dividend yields and the expected term used was equal to the term of each purchase window.
Foreign Currency Translation	Foreign Currency Translation The financial position of foreign subsidiaries is translated using the exchange rates in effect at the end of the period, while income and expense items are translated at average exchange rates during the period. Gains or losses from translation of foreign operations where the local currency is the functional currency are included as other comprehensive income (loss). The net gains and losses resulting from foreign currency transactions are recorded in net income in the period incurred and recorded within other income (expense). Certain inter-company balances are designated as loans of a long-term investment-type nature. Accordingly, exchange gains and losses associated with these long-term inter-company balances are recorded as a component of other comprehensive income (loss), along with translation adjustments.
Earnings Per Share	Earnings Per ShareWe compute basic and diluted EPS for net income. Basic EPS is computed using net income and the weighted-average number of common shares outstanding. Diluted EPS is computed using net income and the weighted-average number of common shares outstanding plus any dilutive potential common shares outstanding. Dilutive potential common shares include the assumed exercise, vesting and issuance activity of employee equity awards using the treasury stock method.
Treasury Stock	Treasury Stock We account for treasury stock under the cost method. When treasury stock is re-issued at a higher price than its cost, the difference is recorded as a component of additional paid-in capital to the extent that there are gains to
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Standards Not Yet Adopted In October 2021, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2021-08 Business Combinations ("Topic 805"): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The ASU requires contract assets and contract liabilities acquired in a business combination to be recognized and measured by the acquirer on the acquisition date in accordance with ASC 606, Revenue from Contracts with Customers, as if it had originated the contracts. Under the current business combinations guidance, such assets and liabilities were recognized by the acquirer at fair value on the acquisition date. The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022, with early adoption permitted. We are currently evaluating the extent of the impact of this ASU, but do not expect the adoption of this standard to have a significant impact on our consolidated financial statements. In August 2020, FASB issued ASU 2020-06: Debt-Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic 815-40). The ASU simplifies the accounting for convertible instruments by reducing the number of accounting models for convertible debt instruments and convertible preferred stock and modifies the disclosure requirement for the convertible instruments. Additionally, this ASU improves the consistency of EPS calculations by eliminating the use of the treasury stock method to calculate diluted EPS for convertible instruments and clarifies certain areas under the current EPS guidance. The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2021, with early adoption permitted at the beginning of the fiscal year after December 15, 2020. We are currently evaluating the extent of the impact of this ASU, but do not expect the adoption of this standard to have a significant impact on our consolidated financial statements. Accounting Standards Recently Adopted Financial Instruments - Credit Losses In June 2016, FASB issued ASU 2016-13, Financial Instruments - Credit Losses ("Topic 326"): Measurement of Credit Losses on Financial Instruments. The ASU requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. The ASU requires enhanced qualitative and quantitative disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization's portfolio. The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. We adopted this new ASU on January 1, 2020 using the modified retrospective approach and recorded a net decrease to retained earnings of $0.9 million and a corresponding increase to allowance for credit losses. The adoption did not have a significant impact on other financial assets within the scope of Topic 326, such as contract assets. Income Taxes In December 2019, FASB issued ASU 2019-12, Income Taxes ("Topic 740"): Simplifying the Accounting for Income T axes. The ASU simplifies accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The ASU also improves consistent application of and simplifies generally accepted accounting principles ("GAAP") for other areas of Topic 740 by clarifying and amending existing guidance. The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted including adoption in any interim period for periods for which financial statements have not yet been issued. On January 1, 2021, we adopted this ASU on a prospective basis and the adoption of this standard did not have an impact on our consolidated financial statements. Reference Rate Reform In March 2020, FASB issued ASU 2020-04, Reference Rate Reform ("Topic 848"): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In addition, FASB issued ASU 2021-01, Reference Rate Reform ("Topic 848"), which clarifies the scope of Topic 848. Collectively, the guidance provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. ASU 2021-01 is effective upon issuance and ASU 2020-04 was effective for all entities as of March 12, 2020, and together remain effective through December 31, 2022. We adopted these ASUs upon their respective issuances and there was no impact on our consolidated financial statements as a result of adopting the guidance. We will evaluate our debt, derivative and lease contracts that may become eligible for modification relief and may apply the elections prospectively as needed.
Fair Value Valuation Methods	Fair value estimates are made as of a specific point in time based on methods using the market approach valuation method which uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities or other valuation techniques. These techniques involve uncertainties and are affected by the assumptions used and the judgments made regarding risk characteristics of various financial instruments, discount rates, estimates of future cash flows, future expected loss experience and other factors.
Segment Information	While we have one primary line of business, which is the design, build-out and operation of IBX data centers, we have determined that we have three reportable segments comprised of our Americas, EMEA and Asia-Pacific geographic regions. Our chief operating decision-maker evaluates performance, makes operating decisions and allocates resources based on our revenues and adjusted EBITDA performance both on a consolidated basis and based on these three reportable segments. Intercompany transactions between segments are excluded for management reporting purposes.

Nature of Business and Summar_3

Nature of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of revenue by geographical region	The following table sets forth percentages of our revenues by geographic region for the years ended December 31: 2021 2020 2019 Americas 46 % 45 % 47 % EMEA 32 % 33 % 32 % Asia-Pacific 22 % 22 % 21 %
Property, plant and equipment, net	Our estimated useful lives of property, plant and equipment are generally as follows: Core systems 3 - 40 years Buildings 12 - 60 years Leasehold improvements 12 - 40 years Personal Property, including capitalized internal-use software 3 - 10 years Property, plant and equipment, net consisted of the following as of December 31 (in thousands): 2021 2020 Core systems $ 10,808,417 $ 9,659,908 Buildings 7,381,644 6,557,121 Leasehold improvements 2,022,617 1,946,644 Construction in progress 967,562 1,363,917 Personal property (1) 1,551,642 1,207,669 Land 970,982 944,094 23,702,864 21,679,353 Less accumulated depreciation (8,257,089) (7,176,269) Property, plant and equipment, net $ 15,445,775 $ 14,503,084 (1) Personal property included $1.2 billion and $885.5 million of capitalized internal-use software as of December 31, 2021 and 2020, respectively.

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Summary of opening and closing balances	The following table summarizes the opening and closing balances of our accounts receivable, net; contract assets, current; contract assets, non-current; deferred revenue, current; and deferred revenue, non-current (in thousands): Accounts receivable, net (1) Contract assets, current Contract assets, non-current Deferred revenue, current Deferred revenue, non-current Beginning balances as of January 1, 2021 $ 676,738 $ 13,534 $ 54,050 $ 101,258 $ 71,242 Closing balances as of December 31, 2021 681,809 65,392 55,486 109,736 87,495 Increase $ 5,071 $ 51,858 $ 1,436 $ 8,478 $ 16,253 Beginning balances as of January 1, 2020 $ 689,134 $ 10,033 $ 31,521 $ 76,193 $ 46,555 Closing balances as of December 31, 2020 676,738 13,534 54,050 101,258 71,242 Increase (Decrease) $ (12,396) $ 3,501 $ 22,529 $ 25,065 $ 24,687 (1) The net change in our allowance for credit losses was insignificant during the year ended December 31, 2021.

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of allocation of total purchase consideration	A summary of the final allocation of total purchase consideration is presented as follows (in thousands): GPX India (1) Bell (2) Packet Axtel Provisional Final Cash and cash equivalents $ 9,406 $ — $ 1,068 $ — Accounts receivable 4,399 — 5,098 — Other current assets 8,883 696 299 14,048 Property, plant and equipment 88,108 538,717 27,945 76,407 Operating lease right-of-use assets 62 14,359 1,519 1,646 Intangible assets 15,472 75,857 58,500 22,750 Goodwill 77,162 172,387 230,620 78,902 Deferred tax and other assets 20 722 138 — Total assets acquired 203,512 802,738 325,187 193,753 Accounts payable and accrued liabilities (1,569) (895) (1,275) (238) Other current liabilities (478) — (860) — Operating lease liabilities (62) (13,340) (1,519) (1,586) Finance lease liabilities (20,565) (80,026) (27,945) — Deferred tax and other liabilities (10,373) (4,495) (3,290) (2,911) Net assets acquired $ 170,465 $ 703,982 $ 290,298 $ 189,018 (1) For the GPX India Acquisition, the purchase price allocation adjustments since the provisional amounts reported as of September 30, 2021 were not significant. (2) For the Bell Acquisition, the purchase price allocation adjustments since the provisional amounts reported as of December 31, 2020 were not significant.
Schedule of acquired intangible assets	The following table presents certain information on the acquired intangible assets (in thousands): Intangible Assets Fair Value Estimated Useful Lives (Years) Weighted-average Estimated Useful Lives (Years) Discount Rate GPX India: Customer relationships (1) $ 15,472 15.0 15.0 11.0 % Bell: Customer relationships (1) 75,857 15.0 15.0 8.0 % Packet: Trade names (2) 1,300 3.0 3.0 8.0 % Existing technology (3) 5,100 3.0 3.0 8.0 % Customer relationships (1) 52,100 10.0 10.0 8.0 % Axtel: Customer relationships (1) 22,750 15.0 15.0 13.3 % (1) The fair values were estimated by calculating the present value of estimated future operating cash flows generated from existing customers less costs to realize the revenue. The rates reflect the nature of the assets as they relate to the risk and uncertainty of the estimated future operating cash flows, as well as the risk of the country within which the acquired business operates. (2) The fair value was estimated using the relief from royalty method, with a relief from royalty rate of 1.0%. (3) The fair value was estimated under the cost approach by projecting the cost to recreate a new asset with an equivalent utility of the existing technology. The key assumptions include total cost, time to recreate, opportunity cost and functional obsolescence. The discount rate was utilized for the opportunity cost assumption.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Computation of basic and diluted earnings per share	The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the years ended December 31 (in thousands, except per share amounts): 2021 2020 2019 Net income $ 499,728 $ 370,074 $ 507,245 Net (income) loss attributable to non-controlling interests 463 (297) 205 Net income attributable to Equinix $ 500,191 $ 369,777 $ 507,450 Weighted-average shares used to calculate basic EPS 89,772 87,700 84,140 Effect of dilutive securities: Employee equity awards 637 710 539 Weighted-average shares used to calculate diluted EPS 90,409 88,410 84,679 EPS attributable to Equinix: Basic EPS $ 5.57 $ 4.22 $ 6.03 Diluted EPS $ 5.53 $ 4.18 $ 5.99
Anti-dilutive potential shares of common stock excluded from computation of Earnings Per Share	The following table sets forth potential shares of common stock that are not included in the diluted EPS calculation above because to do so would be anti-dilutive for the years ended December 31 (in thousands): 2021 2020 2019 Common stock related to employee equity awards 206 19 21 Total 206 19 21

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Assets Held for Sale	The following table summarizes the assets and liabilities that were classified as assets and liabilities held for sale in the consolidated balance sheet as of December 31, 2021 (in thousands): December 31, 2021 Operating lease right-of-use assets $ 12,835 Property, plant and equipment 260,182 Other assets 3,178 Total assets held for sale $ 276,195 Accounts payable and accrued expenses $ 510 Current portion of operating lease liabilities 2,039 Operating lease liabilities, less current portion 348 Accrued property, plant and equipment 18,127 Total liabilities held for sale (1) $ 21,024 (1) Liabilities held for sale were included within other current liabilities on the consolidated balance sheet.

Equity Method Investments (Tabl

Equity Method Investments (Tables)	12 Months Ended
	Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Schedule of equity method investments	The following table summarizes our equity method investments (in thousands), which were included in other assets on the consolidated balance sheets as of December 31 (in thousands): Investee Ownership Percentage 2021 2020 EMEA 1 Joint Venture with GIC 20 % $ 131,516 $ 101,892 EMEA 2 Joint Venture with GIC 20 % 34,944 — Asia-Pacific 1 Joint Venture with GIC 20 % 60,108 43,432 Other Various 18,481 17,747 Total $ 245,049 $ 163,071
Summary of the maximum exposure losses of VIE Joint Ventures	The following table summarizes our maximum exposure to loss related to the Asia-Pacific 1 Joint Venture and EMEA 2 Joint Venture as of December 31, 2021 (in thousands): Asia-Pacific 1 Joint Venture EMEA 2 Joint Venture Equity Investment $ 60,108 $ 34,944 Outstanding Receivables 2,124 26,953 Future Equity Contribution Commitments 1 11,424 64,875 Maximum Future Payments under Debt Guarantees 2 N/A 3 38,118 Total $ 73,656 $ 164,890 (1) The joint ventures' partners are required to make additional equity contributions proportionately upon certain occurrences, such as a shortfall in capital necessary to complete certain construction phases or make interest payments on their outstanding debt. (2) In connection with our 20% equity investment in the EMEA 2 Joint Venture, we provided the lenders with our guarantees covering 20% of all payments of principal and interest due under EMEA 2 Joint Venture's credit facility agreements (see Note 15).

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash, cash equivalents and short-term investments	Cash, cash equivalents and short-term investments consisted of the following as of December 31 (in thousands): 2021 2020 Cash and cash equivalents: Cash $ 950,677 $ 993,798 Cash equivalents: Money market funds 585,681 611,071 Total cash and cash equivalents 1,536,358 1,604,869 Short-term investments: Certificates of deposit — 4,373 Publicly traded equity securities — 159 Total short-term investments — 4,532 Total cash, cash equivalents and short-term investments $ 1,536,358 $ 1,609,401
Accounts receivable, net	Accounts receivable, net, consisted of the following as of December 31 (in thousands): 2021 2020 Accounts receivable $ 693,444 $ 687,415 Allowance for credit losses (11,635) (10,677) Accounts receivable, net $ 681,809 $ 676,738
Summary of allowance for credit loss	The following table summarizes the activity of our allowance for credit losses (in thousands): Balance as of December 31, 2018 $ 15,950 Provision for doubtful accounts 8,459 Net write-offs (11,341) Impact of foreign currency exchange (42) Balance as of December 31, 2019 13,026 Adjustments due to adoption of ASU 2016-13 900 Provision for doubtful accounts 5,069 Net write-offs (10,050) Impact of foreign currency exchange 1,732 Balance as of December 31, 2020 10,677 Provision for doubtful accounts 10,016 Net write-offs (8,295) Impact of foreign currency exchange (763) Balance as of December 31, 2021 $ 11,635
Other current assets	Other current assets consisted of the following as of December 31 (in thousands): 2021 2020 Prepaid expenses $ 65,224 $ 61,424 Taxes receivable 128,123 125,614 Restricted cash, current 12,188 11,135 Other receivables 59,224 44,333 Derivative instruments 117,432 8,906 Contract assets, current 65,392 13,534 Other current assets (1) 15,156 58,070 Total other current assets $ 462,739 $ 323,016 (1) Other current assets included $5.3 million and $44.2 million of the current portion of the fair value of the contingent consideration from the sale of xScale ™ data center facilities to the EMEA 1 Joint Venture as of December 31, 2021 and 2020, respectively. See Note 5
Property, plant and equipment, net	Our estimated useful lives of property, plant and equipment are generally as follows: Core systems 3 - 40 years Buildings 12 - 60 years Leasehold improvements 12 - 40 years Personal Property, including capitalized internal-use software 3 - 10 years Property, plant and equipment, net consisted of the following as of December 31 (in thousands): 2021 2020 Core systems $ 10,808,417 $ 9,659,908 Buildings 7,381,644 6,557,121 Leasehold improvements 2,022,617 1,946,644 Construction in progress 967,562 1,363,917 Personal property (1) 1,551,642 1,207,669 Land 970,982 944,094 23,702,864 21,679,353 Less accumulated depreciation (8,257,089) (7,176,269) Property, plant and equipment, net $ 15,445,775 $ 14,503,084 (1) Personal property included $1.2 billion and $885.5 million of capitalized internal-use software as of December 31, 2021 and 2020, respectively.
Goodwill and other intangible assets	The following table presents goodwill and other intangible assets, net, for the years ended December 31, 2021 and 2020 (in thousands): 2021 2020 Goodwill: Americas $ 2,210,009 $ 2,212,782 EMEA 2,472,586 2,611,166 Asia-Pacific 689,476 648,605 $ 5,372,071 $ 5,472,553 Intangible assets, net: Intangible assets - customer relationships $ 2,841,372 $ 2,891,060 Intangible assets - trade names 11,471 11,512 Intangible assets - in-place leases 32,760 33,770 Intangible assets - licenses 9,697 9,697 Intangible assets - at-the-money lease contracts (1) 60,455 64,905 Intangible assets - other 12,546 12,802 2,968,301 3,023,746 Accumulated amortization - customer relationships (987,462) (818,370) Accumulated amortization - trade names (3,207) (2,337) Accumulated amortization - in-place leases (22,847) (20,037) Accumulated amortization - licenses (5,821) (6,600) Accumulated amortization - other (2) (13,697) (5,457) (1,033,034) (852,801) Total intangible assets, net $ 1,935,267 $ 2,170,945 (1) In December 2020, we acquired an at-the-money lease contract intangible asset through an asset acquisition in Amsterdam. This intangible asset represents premiums paid to acquire a land lease at market terms. The lease has a remaining lease term of 12 years with available renewal options in 50-year increments. The intangible asset has an estimated amortization period of 12 years. The total purchase consideration for this asset acquisition was $49.4 million and we recorded $16.1 million of deferred tax liability in connection with this purchase. The transaction was accounted for as an asset acquisition since substantially all of the fair value of the acquired assets is for the identified at-the-money lease intangible asset. (2) Accumulated amortization - other includes an insignificant amount of amortization of at-the-money lease contracts.
Carrying amount of goodwill by geographic regions	Changes in the carrying amount of goodwill by geographic regions are as follows (in thousands): Americas EMEA Asia-Pacific Total Balance as of December 31, 2019 $ 1,741,689 $ 2,426,306 $ 613,863 $ 4,781,858 Purchase of Packet 230,620 — — 230,620 Purchase of Bell 170,548 — — 170,548 Purchase of Axtel 78,902 — — 78,902 Sale of xScale data center facilities — — (7,306) (7,306) Impact of foreign currency exchange (8,977) 184,860 42,048 217,931 Balance as of December 31, 2020 2,212,782 2,611,166 648,605 5,472,553 Purchase of GPX — — 77,162 77,162 Impact of foreign currency exchange (2,773) (138,580) (36,291) (177,644) Balance as of December 31, 2021 $ 2,210,009 $ 2,472,586 $ 689,476 $ 5,372,071
Net book value of intangible assets by geographic regions	Changes in the net book value of intangible assets by geographic regions are as follows (in thousands): Americas EMEA Asia-Pacific Total Balance as of December 31, 2018 $ 1,578,971 $ 543,860 $ 210,465 $ 2,333,296 ASC 842 adoption adjustment (108) (20,692) (2,405) (23,205) Switch AMS1 data center acquisition — 4,889 — 4,889 Asset sales - NY12 data center (8,412) — — (8,412) Other — 1,096 472 1,568 Amortization of intangibles (125,390) (54,432) (16,456) (196,278) Impact of foreign currency exchange (1,769) (8,157) 457 (9,469) Balance as of December 31, 2019 1,443,292 466,564 192,533 2,102,389 Axtel acquisition 22,750 — — 22,750 Packet acquisition 58,500 — — 58,500 Bell acquisition 75,631 — — 75,631 Other asset acquisition (1) — 64,905 — 64,905 Amortization of intangibles (133,608) (49,417) (16,022) (199,047) Impact of foreign currency exchange (3,476) 35,975 13,318 45,817 Balance as of December 31, 2020 1,463,089 518,027 189,829 2,170,945 GPX acquisition — — 15,472 15,472 Amortization of intangibles (133,289) (55,807) (16,388) (205,484) Impact of foreign currency exchange (2,047) (30,278) (13,341) (45,666) Balance as of December 31, 2021 $ 1,327,753 $ 431,942 $ 175,572 $ 1,935,267 (1) For further discussion, refer to footnote 1 of the table on the previous page.
Estimated future amortization expense related to intangibles	Estimated future amortization expense related to these intangibles is as follows (in thousands): Years ending: 2022 $ 196,744 2023 195,030 2024 193,722 2025 191,158 2026 190,802 Thereafter 967,811 Total $ 1,935,267
Other assets	Other assets consisted of the following as of December 31 (in thousands): 2021 2020 Deferred tax assets, net $ 59,816 $ 66,424 Prepaid expenses (1) 87,758 82,443 Debt issuance costs, net 2,130 4,261 Deposits 70,548 69,043 Restricted cash 908 9,691 Derivative instruments 59,917 2,793 Contract assets, non-current 55,486 54,050 Contract costs 325,510 267,978 Equity method investments 245,049 163,071 Other assets (2) 18,944 56,293 Total other assets $ 926,066 $ 776,047 (1) Prepaid expenses included $46.0 million and $21.1 million of capitalized CCA implementation costs, net as of December 31, 2021 and 2020, respectively. (2) In connection with the Metronode Acquisition in 2018, we had indemnification assets of $42.8 million as of December 31, 2020, which represented the seller's obligation under the purchase agreement to reimburse pre-acquisition tax liabilities settled after the acquisition. The amount was insignificant as of December 31, 2021.
Accounts payable and accrued expenses	Accounts payable and accrued expenses consisted of the following as of December 31 (in thousands): 2021 2020 Accounts payable $ 84,084 $ 77,705 Accrued compensation and benefits 364,783 317,117 Accrued interest 81,893 79,437 Accrued taxes (1) 117,061 153,804 Accrued utilities and security 94,251 76,910 Accrued other 137,072 139,889 Total accounts payable and accrued expenses $ 879,144 $ 844,862 (1) Accrued taxes included income taxes payable of $51.3 million and $59.8 million as of December 31, 2021 and 2020, respectively.
Other current liabilities	Other current liabilities consisted of the following as of December 31 (in thousands): 2021 2020 Deferred revenue, current $ 109,736 $ 101,258 Customer deposits 16,380 17,115 Derivative instruments 13,373 188,726 Dividends payable, current 12,027 10,873 Asset retirement obligations 8,756 3,993 Other current liabilities 54,247 32,403 Total other current liabilities $ 214,519 $ 354,368
Other liabilities	Other liabilities consisted of the following as of December 31 (in thousands): 2021 2020 Asset retirement obligations $ 108,800 $ 109,776 Deferred tax liabilities, net 340,287 290,366 Deferred revenue, non-current 87,495 71,242 Accrued taxes 124,032 178,371 Dividends payable, non-current 9,750 7,947 Customer deposits 1,534 1,088 Derivative instruments 20,899 211,733 Other liabilities 70,614 78,476 Total other liabilities $ 763,411 $ 948,999
Summary of asset retirement obligation liability	The following table summarizes the activities of our asset retirement obligation ("ARO") (in thousands): Asset retirement obligations as of December 31, 2018 $ 96,663 Additions 6,980 Adjustments (1) (7,969) Accretion expense 6,290 Impact of foreign currency exchange 451 Asset retirement obligations as of December 31, 2019 102,415 Additions 5,909 Adjustments (1) (4,241) Accretion expense 6,331 Impact of foreign currency exchange 3,355 Asset retirement obligations as of December 31, 2020 113,769 Additions 7,483 Adjustments (1) (6,591) Accretion expense 6,518 Impact of foreign currency exchange (3,623) Asset retirement obligations as of December 31, 2021 $ 117,556 (1) The ARO adjustments are primarily due to lease amendments and acquisition of real estate assets, as well as other adjustments.

Derivatives and Hedging Instr_2

Derivatives and Hedging Instruments (Tables)	12 Months Ended
	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of net investment hedges	The effect of net investment hedges on accumulated other comprehensive income and the consolidated statements of operations for the years ended December 31, 2021, 2020 and 2019 was as follows (in thousands): Amount of gain or (loss) recognized in accumulated other comprehensive income: Years Ended December 31, 2021 2020 2019 Foreign currency debt $ 93,945 $ (208,281) $ 47,033 Cross-currency interest rate swaps (included component) (1) 282,935 (218,843) 15,514 Cross-currency interest rate swaps (excluded component) (2) (52,517) (347) 10,737 Foreign currency forward contracts (included component) (1) 2,621 (17,115) — Foreign currency forward contracts (excluded component) (3) (2) 32 — Total $ 326,982 $ (444,554) $ 73,284 Amount of gain or (loss) recognized in earnings: Location of gain or (loss) Years Ended December 31, 2021 2020 2019 Cross-currency interest rate swaps (excluded component) (2) Interest expense $ 44,933 $ 27,196 $ 19,261 Foreign currency forward contracts (excluded component) (3) Interest expense 242 42 — Total $ 45,175 $ 27,238 $ 19,261 (1) Included component represents foreign exchange spot rates. (2) Excluded component represents cross-currency basis spread and interest rates. (3) Excluded component represents foreign currency forward points.
Summary of cash flow hedges	The effect of cash flow hedges on accumulated other comprehensive income and the consolidated statements of operations for the years ended December 31, 2021, 2020 and 2019 was as follows (in thousands): Amount of gain or (loss) recognized in accumulated other comprehensive income: Years Ended December 31, 2021 2020 2019 Foreign currency forward and option contracts (included component) (1) $ 67,767 $ (68,573) $ (9,945) Foreign currency option contracts (excluded component) (2) 151 1,655 (1,807) Interest rate locks 9,624 (30,393) 4,972 Total $ 77,542 $ (97,311) $ (6,780) Amount of gain or (loss) reclassified from accumulated other comprehensive income to income: Years Ended December 31, Location of gain or (loss) 2021 2020 2019 Foreign currency forward contracts Revenues $ (39,297) $ 37,198 $ 80,046 Foreign currency forward contracts Costs and operating expenses 20,496 (19,890) (41,262) Interest rate locks Interest Expense (4,056) (1,204) 79 Total $ (22,857) $ 16,104 $ 38,863 Amount of gain or (loss) excluded from effectiveness testing and included in income: Years Ended December 31, Location of gain or (loss) 2021 2020 2019 Foreign currency forward contracts Other income (expense) $ — $ — $ 88 Foreign currency option contracts (excluded component) (2) Revenues (244) (1,761) (1,082) Total $ (244) $ (1,761) $ (994) (1) Included component represents foreign exchange spot rates. (2) Excluded component represents option's time value.
Schedule of derivatives not designated as hedging instruments in the Company's condensed consolidated statements of operations	The following table presents the effect of derivatives not designated as hedging instruments in our consolidated statements of operations (in thousands): Amount of gain or (loss) recognized in earnings: Years Ended December 31, Location of gain or (loss) 2021 2020 2019 Embedded derivatives Revenues $ 3,503 $ (3,043) $ 63 Economic hedge of embedded derivatives Revenues (5,937) 2,142 550 Foreign currency forward contracts Other income (expense) 129,496 (127,648) 36,846 Total $ 127,062 $ (128,549) $ 37,459
Schedule of derivative instruments recognized in the Company's condensed consolidated balance sheets	The following table presents the fair value of derivative instruments recognized in our consolidated balance sheets as of December 31, 2021 and 2020 (in thousands): December 31, 2021 December 31, 2020 Assets (1) Liabilities (2) Assets (1) Liabilities (2) Designated as hedging instruments: Cash flow hedges Foreign currency forward and option contracts $ 22,866 $ 7,618 $ 351 $ 52,804 Interest rate locks 8,662 — — — Net investment hedges Cross-currency interest rate swaps 56,921 19,441 — 192,939 Foreign currency forward contracts 156 70 — 17,041 Total designated as hedging 88,605 27,129 351 262,784 Not designated as hedging instruments: Embedded derivatives 3,247 652 3,255 3,858 Economic hedges of embedded derivatives 2,232 637 4,372 12 Foreign currency forward contracts 83,265 5,854 3,721 133,805 Total not designated as hedging 88,744 7,143 11,348 137,675 Total Derivatives $ 177,349 $ 34,272 $ 11,699 $ 400,459 (1) As presented in our consolidated balance sheets within other current assets and other assets. (2) As presented in our consolidated balance sheets within other current liabilities and other liabilities.
Schedule of offsetting derivative assets and liabilities	The following table presents information related to these offsetting arrangements as of December 31, 2021 and 2020 (in thousands): Gross Amounts Offset in Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts Gross Amounts not Offset in the Balance Sheet Net December 31, 2021 Derivative assets $ 207,037 $ — $ 207,037 $ (47,538) $ 159,499 Derivative liabilities 49,326 — 49,326 (47,538) 1,788 December 31, 2020 Derivative assets $ 38,447 $ — $ 38,447 $ (35,100) $ 3,347 Derivative liabilities 415,628 — 415,628 (35,100) 380,528
Schedule of offsetting derivative assets and liabilities	The following table presents information related to these offsetting arrangements as of December 31, 2021 and 2020 (in thousands): Gross Amounts Offset in Gross Amounts Gross Amounts Offset in the Balance Sheet Net Amounts Gross Amounts not Offset in the Balance Sheet Net December 31, 2021 Derivative assets $ 207,037 $ — $ 207,037 $ (47,538) $ 159,499 Derivative liabilities 49,326 — 49,326 (47,538) 1,788 December 31, 2020 Derivative assets $ 38,447 $ — $ 38,447 $ (35,100) $ 3,347 Derivative liabilities 415,628 — 415,628 (35,100) 380,528

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of financial assets and liabilities measured at fair value on a recurring basis	Our financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2021 were as follows (in thousands): Fair Value at December 31, 2021 Fair Value Level 1 Level 2 Assets: Money market and deposit accounts $ 585,681 $ 585,681 $ — Derivative instruments (1) 177,349 — 177,349 $ 763,030 $ 585,681 $ 177,349 Liabilities: Derivative instruments (1) $ 34,272 $ — $ 34,272 (1) Amounts are included within other current assets, other assets, other current liabilities and other liabilities in the consolidated balance sheets. Our financial assets and liabilities measured at fair value on a recurring basis at December 31, 2020 were as follows (in thousands): Fair Value at Fair Value 2020 Level 1 Level 2 Assets: Money market and deposit accounts $ 611,071 $ 611,071 $ — Publicly traded equity securities 159 159 — Certificates of deposit 4,373 — 4,373 Derivative instruments (1) 11,699 — 11,699 $ 627,302 $ 611,230 $ 16,072 Liabilities: Derivative instruments (1) $ 400,459 $ — $ 400,459 (1) Amounts are included within other current assets, other assets, other current liabilities and other liabilities in the consolidated balance sheets.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Schedule of leases entered into during the period	The following table summarizes the significant lease transactions during the year ended December 31, 2021 (in thousands): Renewal/Termination Options Excluded (1) Net Incremental (2) Lease Quarter Transaction Lease Classification ROU assets ROU liabilities Silicon Valley 8 ("SV8") data center lease extended (3) Q1 Extended lease term by 16 years Two 10-year renewal options Finance Lease $98,141 $100,043 Operating Lease (13,685) (15,586) Hong Kong 3 ("HK3") data center lease extended (3) Q1 Extended lease by 10 years, which included a 5-year renewal option N/A Finance Lease - Building 37,987 37,987 Operating Lease - Land 6,592 6,592 Osaka 3 ("OS3") new data center and office lease Q2 New lease-15 year term 2-year renewal option on a rolling basis Finance Lease 144,122 144,122 (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. (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) These leases had components previously classified as operating leases.
Components of lease expenses	The components of lease expenses are as follows (in thousands): Years Ended December 31, 2021 2020 Finance lease cost Amortization of right-of-use assets (1) $ 157,057 $ 120,169 Interest on lease liabilities 117,896 113,699 Total finance lease cost 274,953 233,868 Operating lease cost 221,776 217,299 Variable lease cost 33,066 13,588 Total lease cost $ 529,795 $ 464,755 (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 consolidated statements of operations.
Other information related to leases	Other information related to leases is as follows (in thousands, except years and percent): Years Ended December 31, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 113,571 $ 109,558 Operating cash flows from operating leases 258,719 206,512 Financing cash flows from finance leases 165,539 115,288 Right-of-use assets obtained in exchange for lease obligations: (1) Finance leases $ 412,214 $ 487,592 Operating leases 10,446 108,797 As of December 31, 2021 2020 Weighted-average remaining lease term - finance leases (2) 14 years 14 years Weighted-average remaining lease term - operating leases (2) 12 years 12 years Weighted-average discount rate - finance leases 7 % 7 % Weighted-average discount rate - operating leases 4 % 4 % Finance lease ROU assets (3) $ 1,875,696 $ 1,688,032 (1) Represents all non-cash changes in ROU assets. (2) Includes lease renewal options that are reasonably certain to be exercised. property, plant and equipment, net
Maturities of lease liabilities	Maturities of lease liabilities as of December 31, 2021 are as follows (in thousands): Year ended December 31, Operating Leases Finance Leases Total 2022 $ 181,810 $ 252,670 $ 434,480 2023 181,480 239,268 420,748 2024 165,689 240,696 406,385 2025 155,642 237,107 392,749 2026 145,578 227,262 372,840 Thereafter 847,168 1,979,654 2,826,822 Total lease payments 1,677,367 3,176,657 4,854,024 Less imputed interest (426,158) (1,039,148) (1,465,306) Total $ 1,251,209 $ 2,137,509 $ 3,388,718
Maturities of lease liabilities	Maturities of lease liabilities as of December 31, 2021 are as follows (in thousands): Year ended December 31, Operating Leases Finance Leases Total 2022 $ 181,810 $ 252,670 $ 434,480 2023 181,480 239,268 420,748 2024 165,689 240,696 406,385 2025 155,642 237,107 392,749 2026 145,578 227,262 372,840 Thereafter 847,168 1,979,654 2,826,822 Total lease payments 1,677,367 3,176,657 4,854,024 Less imputed interest (426,158) (1,039,148) (1,465,306) Total $ 1,251,209 $ 2,137,509 $ 3,388,718

Debt Facilities (Tables)

Debt Facilities (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Summary of debt	As of December 31, 2021 and 2020, our mortgage and loans payable consisted of the following (in thousands): 2021 2020 Term loans $ 549,697 $ 1,292,067 Mortgage payable and loans payable 68,691 78,903 618,388 1,370,970 Less amount representing unamortized debt discount and debt issuance cost (354) (3,288) Add amount representing unamortized mortgage premium 1,630 1,861 619,664 1,369,543 Less current portion (33,087) (82,289) $ 586,577 $ 1,287,254 Our senior notes consisted of the following as of December 31 (in thousands): 2021 2020 Senior Notes Issuance Date Maturity Date Amount Effective Rate Amount Effective Rate 5.000% Infomart Senior Notes April 2018 April 2021 $ — — % $ 150,000 4.51 % 2.625% Senior Notes due 2024 November 2019 November 2024 1,000,000 2.79 % 1,000,000 2.79 % 1.250% Senior Notes due 2025 June 2020 July 2025 500,000 1.46 % 500,000 1.46 % 1.000% Senior Notes due 2025 October 2020 September 2025 700,000 1.18 % 700,000 1.18 % 2.900% Senior Notes due 2026 November 2019 November 2026 600,000 3.04 % 600,000 3.04 % 2.875% Euro Senior Notes due 2026 December 2017 February 2026 — — % 611,050 3.04 % 1.450% Senior Notes due 2026 May 2021 May 2026 700,000 1.64 % — — % 0.250% Euro Senior Notes due 2027 March 2021 March 2027 569,150 0.45 % — — % 1.800% Senior Notes due 2027 June 2020 July 2027 500,000 1.96 % 500,000 1.96 % 5.375% Senior Notes due 2027 March 2017 May 2027 — — % 1,250,000 5.51 % 1.550% Senior Notes due 2028 October 2020 March 2028 650,000 1.67 % 650,000 1.67 % 2.000% Senior Notes due 2028 May 2021 May 2028 400,000 2.21 % — — % 3.200% Senior Notes due 2029 November 2019 November 2029 1,200,000 3.30 % 1,200,000 3.30 % 2.150% Senior Notes due 2030 June 2020 July 2030 1,100,000 2.27 % 1,100,000 2.27 % 2.500% Senior Notes due 2031 May 2021 May 2031 1,000,000 2.65 % — — % 1.000% Euro Senior Notes due 2033 March 2021 March 2033 682,980 1.18 % — — % 3.000% Senior Notes due 2050 June 2020 July 2050 500,000 3.09 % 500,000 3.09 % 2.950% Senior Notes due 2051 October 2020 September 2051 500,000 3.00 % 500,000 3.00 % 3.400% Senior Notes due 2052 May 2021 February 2052 500,000 3.50 % — — % 11,102,130 9,261,050 Less amount representing unamortized debt discount and debt issuance cost (117,986) (92,773) Add amount representing unamortized debt premium — 186 10,984,144 9,168,463 Less current portion — (150,186) $ 10,984,144 $ 9,018,277
Optional redemption schedule	With respect to the rest of the Notes listed below, we may redeem at our election, at any time or from time to time, some or all of the notes of any series before they mature. The redemption price will equal the sum of (1) an amount equal to one hundred percent (100%) of the principal amount of the notes being redeemed plus accrued and unpaid interest up to, but not including, the redemption date and (2) a make-whole premium. If the Notes are redeemed on or after the First Par Call Date listed in the table below, the redemption price will not include a make-whole premium for the applicable notes. Senior Notes Description First Par Call Date 2.625% Senior Notes due 2024 October 18, 2024 1.000% Senior Notes due 2025 August 15, 2025 1.250% Senior Notes due 2025 June 15, 2025 2.900% Senior Notes due 2026 September 18, 2026 1.800% Senior Notes due 2027 May 15, 2027 1.550% Senior Notes due 2028 January 15, 2028 3.200% Senior Notes due 2029 August 18, 2029 2.150% Senior Notes due 2030 April 15, 2030 3.000% Senior Notes due 2050 January 15, 2050 2.950% Senior Notes due 2051 March 15, 2051 0.250% Euro Senior Notes due 2027 January 15, 2027 1.000% Euro Senior Notes due 2033 December 15, 2032 1.450% Senior Notes due 2026 April 15, 2026 2.000% Senior Notes due 2028 March 15, 2028 2.500% Senior Notes due 2031 February 15, 2031 3.400% Senior Notes due 2052 August 15, 2051
Summary of maturities of debt instruments	The following table sets forth maturities of our debt, including mortgage and loans payable, and senior notes, gross of debt issuance costs, debt discounts and debt premiums, as of December 31, 2021 (in thousands): Years ending: 2022 $ 582,783 2023 6,664 2024 1,006,230 2025 1,204,640 2026 1,304,770 Thereafter 7,617,061 $ 11,722,148
Fair value of debt instruments	The following table sets forth the estimated fair values of our mortgage and loans payable and senior notes, including current maturities, as of December 31 (in thousands): 2021 2020 Mortgage and loans payable $ 621,051 $ 1,379,129 Senior notes 11,049,834 9,705,486
Schedule of interest charges incurred	The following table sets forth total interest costs incurred, and total interest costs capitalized for the years ended December 31 (in thousands): 2021 2020 2019 Interest expense $ 336,082 $ 406,466 $ 479,684 Interest capitalized 24,505 26,750 32,173 Interest charges incurred $ 360,587 $ 433,216 $ 511,857

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of reserve for authorized but unissued shares of common stock	As of December 31, 2021, we had reserved the following authorized but unissued shares of common stock for future issuances: Common stock options and restricted stock units 5,327,514 Common stock employee purchase plans 2,640,649 Total 7,968,163
Components of Accumulated Other Comprehensive Loss, net of tax	The changes in accumulated other comprehensive loss, net of tax, by components are as follows (in thousands): December 31, 2018 Net December 31, 2019 Net December 31, 2020 Net December 31, 2021 Foreign currency translation adjustment ("CTA") gain (loss) $ (998,603) $ (58,315) $ (1,056,918) $ 548,503 $ (508,415) $ (559,984) $ (1,068,399) Unrealized gain (loss) on cash flow hedges (1) 19,480 (3,842) 15,638 (82,790) (67,152) 60,562 (6,590) Net investment hedge CTA gain (loss) (1) 34,325 73,294 107,619 (444,553) (336,934) 326,982 (9,952) Net actuarial gain (loss) on defined benefit plans (2) (904) (48) (952) 85 (867) 57 (810) $ (945,702) $ 11,089 $ (934,613) $ 21,245 $ (913,368) $ (172,383) $ (1,085,751) (1) Refer to Note 8 for a discussion of the amounts reclassified from accumulated other comprehensive loss to net income. (2) We have a defined benefit pension plan 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. The unamortized gain (loss) on defined benefit plans includes gains or losses resulting from a change in the value of either the projected benefit obligation or the plan assets resulting from a change in an actuarial assumption, net of amortization.
Quarterly dividend and special distributions	During the years ended December 31, 2021 , 2020 and 2019 , our Board of Directors declared quarterly dividends whose treatment for federal income tax purposes were as follows: Declaration Date Record Date Payment Date Total Distribution (1) Nonqualified Ordinary Dividend (2) Total Distribution Amount (per share) (in thousands) Fiscal 2021 2/10/2021 2/24/2021 3/17/2021 $ 2.870000 $ 2.870000 $ 256,321 4/28/2021 5/19/2021 6/16/2021 2.870000 2.870000 257,199 7/28/2021 8/18/2021 9/22/2021 2.870000 2.870000 257,769 11/3/2021 11/17/2021 12/15/2021 2.870000 2.870000 258,716 Total $ 11.480000 $ 11.480000 $ 1,030,005 Fiscal 2020 2/12/2020 2/26/2020 3/18/2020 $ 2.660000 $ 2.660000 $ 227,386 5/6/2020 5/20/2020 6/17/2020 2.660000 2.660000 235,449 7/29/2020 8/19/2020 9/23/2020 2.660000 2.660000 236,424 10/28/2020 11/18/2020 12/9/2020 2.660000 2.660000 237,010 Total $ 10.640000 $ 10.640000 $ 936,269 Fiscal 2019 2/13/2019 2/27/2019 3/20/2019 $ 2.460000 $ 2.460000 $ 198,933 5/1/2019 5/22/2019 6/19/2019 2.460000 2.460000 207,949 7/31/2019 8/21/2019 9/18/2019 2.460000 2.460000 209,226 10/30/2019 11/20/2019 12/11/2019 2.460000 2.460000 209,785 Total $ 9.840000 $ 9.840000 $ 825,893 (1) Common stock dividends are characterized for federal income tax purposes as nonqualified ordinary dividend, qualified ordinary dividend, capital gains or return of capital. During the years ended December 31, 2021, 2020 and 2019, we did not classify any portion of the distributions as qualified ordinary dividend, capital gains or return of capital.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
Schedule of shares reserved and shares available for grant	As of December 31, 2021, shares reserved and available for issuance under the equity compensation plans are as follows: Shares reserved Shares available for grant 2004 Purchase Plan 5,392,206 2,640,649 2020 Equity Incentive Plan 4,660,322 3,969,920
Summary of Restricted Stock Unit activity	RSUs activity is summarized as follows: Number of Shares Outstanding Weighted Average Grant Date Fair Value per Share Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (1) (Dollars in Thousands) RSUs outstanding, December 31, 2018 1,226,787 $ 361.22 RSUs granted 779,478 448.16 RSUs released, vested (549,259) 362.66 Special distribution shares released (1,781) 295.31 RSUs canceled (142,477) 364.42 Special distribution shares canceled (23) 297.04 RSUs outstanding, December 31, 2019 1,312,725 411.99 RSUs granted 695,383 596.80 RSUs released, vested (606,250) 426.03 Special distribution shares released (722) 264.57 RSUs canceled (63,502) 457.91 RSUs outstanding, December 31, 2020 1,337,634 499.60 RSUs granted 776,628 679.59 RSUs released, vested (633,466) 505.40 Special distribution shares released (34) 297.03 RSUs canceled (123,168) 561.34 RSUs outstanding, December 31, 2021 1,357,594 $ 594.27 1.23 $ 1,148,307 (1) The intrinsic value is calculated based on the market value of the stock as of December 31, 2021.
Disclosures for 2004 Purchase Plan	We provide the following disclosures for the 2004 Purchase Plan as of December 31 (dollars, except shares): 2021 2020 2019 Weighted-average purchase price per share $ 467.59 $ 371.71 $ 354.72 Weighted average grant-date fair value per share of shares purchased $ 138.80 $ 114.08 $ 104.84 Number of shares purchased 166,023 167,113 146,640
Assumptions in computation of fair value	We use the Black-Scholes option-pricing model to determine the fair value of shares under the 2004 Purchase Plan with the following assumptions during the years ended December 31: 2021 2020 2019 Range of dividend yield 1.58 - 1.77% 1.94 - 2.08% 2.07 - 2.09% Range of risk-free interest rate 0.01 - 0.21% 0.10 - 1.55% 1.55 - 2.58% Range of expected volatility 25.54 - 41.24% 19.28 - 51.93% 19.27 - 25.55% Weighted-average expected volatility 34.08 % 32.94 % 22.95 % Weighted average expected life (in years) 1.18 1.36 1.24
Schedule of allocated share-based compensation	The following table presents, by operating expense, our stock-based compensation expense recognized in our consolidated statement of operations for the years ended December 31 (in thousands): 2021 2020 2019 Cost of revenues $ 38,438 $ 32,893 $ 25,355 Sales and marketing 79,144 72,895 56,719 General and administrative 246,192 205,232 154,465 Total $ 363,774 $ 311,020 $ 236,539
Schedule of share-based compensation by plan	Our stock-based compensation recognized in the consolidated statement of operations was comprised of the following types of equity awards for the years ended December 31 (in thousands): 2021 2020 2019 RSUs $ 330,077 $ 289,426 $ 217,541 RSAs (1) 10,067 8,289 — Employee stock purchase plan 23,630 13,305 18,998 Total $ 363,774 $ 311,020 $ 236,539 (1) During the year ended December 31, 2020, we awarded 48,799 shares of RSAs. See Note 1 for further discussion.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income before income taxes attributable to geographic locations	Income before income taxes is attributable to the following geographic locations for the years ended December 31, (in thousands): 2021 2020 2019 Domestic $ 137,492 $ 18,395 $ 328,806 Foreign 471,460 497,830 363,791 Income before income taxes $ 608,952 $ 516,225 $ 692,597
Components of tax benefit (expenses) for income taxes	The tax benefit (expenses) for income taxes consisted of the following components for the years ended December 31, (in thousands): 2021 2020 2019 Current: Federal $ 7,753 $ 4,552 $ (17,906) State and local (156) 1,597 (4,624) Foreign (76,450) (171,092) (135,356) Subtotal (68,853) (164,943) (157,886) Deferred: Federal 11,060 16,553 (7,459) State and local (1,411) 704 (1,775) Foreign (50,020) 1,535 (18,232) Subtotal (40,371) 18,792 (27,466) Income tax expense $ (109,224) $ (146,151) $ (185,352)
Income tax reconciliation	The fiscal 2021, 2020, and 2019 income tax benefit (expenses) differed from the amounts computed by applying the U.S. federal income tax rate of 21% to pre-tax income as a result of the following for the years ended December 31 (in thousands): 2021 2020 2019 Federal tax at statutory rate $ (127,880) $ (109,906) $ (145,445) State and local tax (expense) benefit (1,513) 2,071 (5,852) Deferred tax assets generated in current year not benefited (19,703) (12,852) (5,398) Foreign income tax rate differential (18,918) (16,364) (11,610) Non-deductible expenses (10,579) (4,427) (1,021) Stock-based compensation expense (1,385) (954) (2,105) Change in valuation allowance (595) 390 (2,870) Foreign financing activities (4,805) (11,743) (18,738) Loss on divestments — — (3,277) Uncertain tax positions reserve 50,059 (38,014) (35,724) Tax adjustments related to REIT 39,164 50,107 63,614 Change in deferred tax adjustments (1,251) (136) (10,574) Effect of tax rate change on deferred tax assets (12,297) — — Other, net 479 (4,323) (6,352) Total income tax expense $ (109,224) $ (146,151) $ (185,352)
Schedule of deferred tax assets and liabilities	The types of temporary differences that give rise to significant portions of our deferred tax assets and liabilities are set out below as of December 31 (in thousands): 2021 2020 (1) Deferred tax assets: Stock-based compensation expense $ 9,057 $ 5,583 Net unrealized losses — 17,268 Operating lease liabilities 225,261 187,912 Capital lease liabilities 13,927 26,655 Deferred revenue 14,429 10,785 Loss carryforwards and tax credits 201,132 117,150 Others, net 7,257 4,296 Gross deferred tax assets 471,063 369,649 Valuation allowance (100,746) (82,344) Total deferred tax assets, net 370,317 287,305 Deferred tax liabilities: Net unrealized gains (1,462) — Property, plant and equipment (262,532) (145,314) Right-of-use assets (233,199) (201,714) Deferred income (33,052) (31,538) Intangible assets (120,543) (132,681) Total deferred tax liabilities (650,788) (511,247) Net deferred tax liabilities $ (280,471) $ (223,942) (1) The prior year amounts presented in the table above have been reclassified to conform with the current year presentation.
Changes in valuation allowance for deferred tax assets	Changes in the valuation allowance for deferred tax assets for the years ended December 31, 2021, 2020 and 2019 are as follows (in thousands): 2021 2020 2019 Beginning balance $ 82,344 $ 57,812 $ 57,003 Amounts from acquisitions 964 5,777 (2,707) Divested balances — — (351) Amounts recognized into income 595 (390) 2,870 Current increase 19,539 15,044 697 Impact of foreign currency exchange (2,696) 4,101 300 Ending balance $ 100,746 $ 82,344 $ 57,812
Schedule of net operating loss carryforwards	Our NOL carryforwards for federal, state and foreign tax purposes which expire, if not utilized, at various intervals from 2022, are outlined below (in thousands): Expiration Date Federal (1) State Foreign (2) (3) Total 2022 $ 20,808 $ — $ 754 $ 21,562 2023 to 2025 26,838 112 25,876 52,826 2026 to 2028 12,186 — 12,560 24,746 2029 to 2031 — 767 32,849 33,616 2032 to 2034 394 822 — 1,216 2035 to 2037 6,739 2,491 3,838 13,068 Thereafter 437,683 80,613 488,897 1,007,193 $ 504,648 $ 84,805 $ 564,774 $ 1,154,227 (1) The total amount of NOL carryforwards that will not be available to offset our future taxable income after the dividends paid deduction due to Section 382 limitations was $56.7 million for federal. (2) In certain jurisdictions, the net operating loss carryforwards can only be used to offset a percentage of taxable income in a given year. (3) If certain substantial changes in the entity's ownership occur or have determined to have occurred, there may be a limitation on the amount of the carryforwards that can be utilized.
Reconciliation of unrecognized tax benefits	The beginning and ending balances of our unrecognized tax benefits are reconciled below for the years ended December 31 (in thousands): 2021 2020 2019 Beginning balance $ 207,759 $ 173,726 $ 150,930 Gross increases related to prior year tax positions 4,547 14,732 — Gross decreases related to prior year tax positions (58,356) — (1,160) Gross increases related to current year tax positions 10,000 29,149 31,332 Decreases resulting from expiration of statute of limitation (10,561) (6,518) (2,112) Decreases resulting from settlements (5,089) (3,330) (5,264) Ending balance $ 148,300 $ 207,759 $ 173,726

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Summary of related party transactions	The following table presents the revenues and expenses from these arrangements with the Joint Ventures in our consolidated statements of operations (in thousands): Years Ended December 31, Related Party Nature of Transaction 2021 2020 2019 EMEA 1 Joint Venture Revenues $ 42,387 $ 21,306 $ 3,707 EMEA 1 Joint Venture Expenses (1) 8,303 14,935 2,076 Asia-Pacific 1 Joint Venture Revenues 21,223 588 — EMEA 2 Joint Venture Revenues 7,097 — — (1) We have a sub-lease agreement with the EMEA 1 Joint Venture to sub-lease a portion of London ("LD") 10-2 data center or former LD10 data center, for a total of 15 years. Balances primarily consist of rent expenses for the LD10-2 data center. The following table presents the assets and liabilities from related party transactions with the Joint Ventures in our consolidated balance sheets (in thousands): As of December 31, Related Party Balance Sheet Line Item 2021 2020 EMEA 1 Joint Venture Receivables $ 32,077 $ 6,459 Contract Assets (1) 54,503 5,614 Finance Lease R ight of Use Assets 118,817 127,197 Other Liabilities and Payables (2) 2,483 17,646 Other Liabilities and Payables - construction obligation (3) 39,382 55,607 Deferred Revenue 16,886 — Finance Lease R ight of Use Liabilities 124,918 130,756 Asia- Pacific 1 Joint Venture Receivables 2,124 16,936 Payables 121 — EMEA 2 Joint Venture Receivables 26,953 — Contract Assets 1,492 — Payables 1,755 — (1) A portion of the EMEA 1 Joint Venture contract asset balance relates to commitments to complete a residual portion of the Paris 9 data center sold to the EMEA 1 Joint Venture, which is reimbursable in full upon completion. (2) Balance as of December 31, 2021 primarily pertained to commercial service agreements. Balance as of December 31, 2020 pertained to the lease agreement in place for the construction of the Frankfurt 9 xScale data center. As of December 31, 2021 the lease has commenced and was accounted as a sale-type lease. (3) Balances primarily relate to obligations to pay for future construction for certain sites sold as a part of the EMEA 1 Joint Venture transaction. The prior year amounts presented in the table above have been reclassified to conform with the current year presentation. Years ended December 31, 2021 2020 2019 Revenues $ 140,947 $ 95,264 $ 25,905 Costs and services 5,337 10,849 15,844 As of December 31, 2021 2020 Accounts receivable $ 27,997 $ 6,519 Accounts payable 20 —

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Revenue Information by Category	The following tables present revenue information disaggregated by product lines and geographic areas (in thousands): Year Ended December 31, 2021 Americas EMEA Asia-Pacific Total Colocation (1) $ 2,002,253 $ 1,597,830 $ 1,042,131 $ 4,642,214 Interconnection 678,677 259,538 223,287 1,161,502 Managed infrastructure 168,577 124,937 87,343 380,857 Other (1) 12,430 19,626 3,856 35,912 Recurring revenues 2,861,937 2,001,931 1,356,617 6,220,485 Non-recurring revenues 159,814 153,285 101,953 415,052 Total $ 3,021,751 $ 2,155,216 $ 1,458,570 $ 6,635,537 (1) Includes some leasing and hedging activities. Year Ended December 31, 2020 Americas EMEA Asia-Pacific Total Colocation (1) $ 1,820,709 $ 1,504,770 $ 933,522 $ 4,259,001 Interconnection 622,327 213,490 187,441 1,023,258 Managed infrastructure 120,159 127,722 89,464 337,345 Other (1) 19,605 18,738 83 38,426 Recurring revenues 2,582,800 1,864,720 1,210,510 5,658,030 Non-recurring revenues 124,958 131,669 83,888 340,515 Total $ 2,707,758 $ 1,996,389 $ 1,294,398 $ 5,998,545 (1) Includes some leasing and hedging activities. Year Ended December 31, 2019 Americas EMEA Asia-Pacific Total Colocation (1) $ 1,769,654 $ 1,395,544 $ 857,009 $ 4,022,207 Interconnection 576,709 161,552 155,328 893,589 Managed infrastructure 90,262 113,631 88,735 292,628 Other (1) 19,743 10,019 — 29,762 Recurring revenues 2,456,368 1,680,746 1,101,072 5,238,186 Non-recurring revenues 131,359 125,698 66,897 323,954 Total $ 2,587,727 $ 1,806,444 $ 1,167,969 $ 5,562,140
Schedule of Adjusted EBITDA	We define adjusted EBITDA as income from operations excluding depreciation, amortization, accretion, stock-based compensation expense, restructuring charges, impairment charges, transaction costs and gain or loss on asset sales as presented below for the years ended December 31 (in thousands): 2021 2020 2019 Adjusted EBITDA: Americas $ 1,326,460 $ 1,186,022 $ 1,237,622 EMEA 1,033,333 974,246 827,980 Asia-Pacific 784,591 692,630 622,125 Total adjusted EBITDA 3,144,384 2,852,898 2,687,727 Depreciation, amortization and accretion expense (1,660,524) (1,427,010) (1,285,296) Stock-based compensation expense (363,774) (311,020) (236,539) Transaction costs (22,769) (55,935) (24,781) Impairment charges — (7,306) (15,790) Gain on asset sales 10,845 1,301 44,310 Income from operations $ 1,108,162 $ 1,052,928 $ 1,169,631
Continuing Operations	We also provide the following segment disclosures related to our operations as follows for the years ended December 31 (in thousands): 2021 2020 2019 Depreciation and amortization: Americas $ 865,910 $ 729,611 $ 669,498 EMEA 455,651 389,332 353,765 Asia-Pacific 334,729 304,426 261,574 Total $ 1,656,290 $ 1,423,369 $ 1,284,837 Capital expenditures: Americas $ 970,217 $ 866,989 $ 805,360 EMEA 1,049,279 888,239 733,326 Asia-Pacific 732,016 527,276 540,835 Total $ 2,751,512 $ 2,282,504 $ 2,079,521 Our long-lived assets, including property, plant and equipment, net and operating lease right-of-use assets, are located in the following geographic areas as of December 31 (in thousands): 2021 2020 Americas (1) $ 6,777,174 $ 6,429,861 EMEA 5,125,341 5,002,271 Asia-Pacific 3,543,260 3,070,952 Total Property, plant and equipment, net $ 15,445,775 $ 14,503,084 (1) Includes $5.4 billion and $5.2 billion, respectively, of property, plant and equipment, net attributed to the U.S. as of December 31, 2021 and 2020. 2021 2020 Americas (1) $ 297,300 $ 363,515 EMEA 470,330 547,547 Asia-Pacific 514,788 563,995 Total Operating lease right-of-use assets $ 1,282,418 $ 1,475,057 (1) Includes $271.0 million and $334.7 million of operating lease ROU assets attributed to the U.S. as of December 31, 2021 and 2020, respectively.

Nature of Business and Summar_4

Nature of Business and Summary of Significant Accounting Policies - Narrative (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2020USD ($)	Dec. 31, 2021USD ($)providersegmentmarketcenter	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 01, 2021center	Nov. 02, 2020center	Oct. 01, 2020center	Jan. 08, 2020center	Dec. 31, 2018USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of network providers that provide internet access (more than) | provider		2,000
Data centers sites | center		240
Number of markets | market		66
Cash equivalents maturity period (in days)		90 days	90 days
Equity method investments, impairment charges		$ 0	$ 0	$ 0
Non-marketable equity investments, impairment charges		0	0	0
Impairment charges on property plant and equipment		0	7,306,000	15,790,000
Impairment charges		$ 0	7,306,000	15,790,000
Number of reportable segments | segment		3
Goodwill impairment		$ 0	0	0
Impairment charges, intangible assets		$ 0	0	0
Percentage of recurring revenue		90.00%
Contract cost, amortization period		5 years 6 months
Cumulative effect of adoption of new accounting standard		$ 10,881,764,000	10,634,118,000	8,840,382,000					$ 7,219,279,000
Property, plant and equipment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impairment charges on property plant and equipment		$ 0	0	0
RSU
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Vesting period		4 years
RSA
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Vesting period		3 years
COVID-19
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Payments to employees	$ 8,600,000
Axtel
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of data centers acquired | center								3
Bell
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of data centers acquired | center						1	12
GPX India Acquisition
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of data centers acquired | center					2
Adjustment from adoption of new accounting standard
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of new accounting standard				(900,000)					(5,973,000)
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Short term investment maturity (in days and years)		90 days
Payment terms		30
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Short term investment maturity (in days and years)		1 year
Payment terms		45
Paris IBX Data Center | Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue, requirement of payment, terms		1
Paris IBX Data Center | Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue, requirement of payment, terms		3 years
Executive Officer | Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Vesting period		2 years
Executive Officer | Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Vesting period		4 years
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of new accounting standard		$ 2,260,493,000	$ 1,760,302,000	1,391,425,000					889,948,000
Retained Earnings | Adjustment from adoption of new accounting standard
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of new accounting standard				(900,000)					$ (5,973,000)
Retained Earnings | Adjustment from adoption of new accounting standard | Accounting Standards Update 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of new accounting standard				$ (900,000)

Nature of Business and Summar_5

Nature of Business and Summary of Significant Accounting Policies - Schedule of Revenue by Geographical Region (Details) - Geographic concentration risk - Sales	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Americas
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Percentages of revenue by geographic regions	46.00%	45.00%	47.00%
EMEA
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Percentages of revenue by geographic regions	32.00%	33.00%	32.00%
Asia-Pacific
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Percentages of revenue by geographic regions	22.00%	22.00%	21.00%

Nature of Business and Summar_6

Nature of Business and Summary of Significant Accounting Policies - Estimated Useful Lives of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2021
Core systems | Minimum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	3 years
Core systems | Maximum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	40 years
Buildings | Minimum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	12 years
Buildings | Maximum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	60 years
Leasehold improvements | Minimum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	12 years
Leasehold improvements | Maximum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	40 years
Personal Property, including capitalized internal-use software | Minimum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	3 years
Personal Property, including capitalized internal-use software | Maximum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, in years	10 years

Revenue - Opening and Closing B

Revenue - Opening and Closing Balances (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Accounts receivable, net	$ 681,809	$ 676,738	$ 689,134
Increase (decrease) in accounts receivables	5,071	(12,396)
Contract assets, current	65,392	13,534	10,033
Increase (decrease) in contract asset, current	51,858	3,501
Contract assets, non-current	55,486	54,050	31,521
Increase (decrease) in contract asset, non-current	1,436	22,529
Customer deposits	109,736	101,258	76,193
Increase (decrease) in deferred revenue, current	8,478	25,065
Deferred revenue, non-current	87,495	71,242	$ 46,555
Increase (decrease) in deferred revenue, non-current	$ 16,253	$ 24,687

Revenue - Remaining Performance

Revenue - Remaining Performance Obligation - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Deferred revenue, revenue recognized	$ 93,100,000	$ 87,000,000	$ 87,300,000
Contract cost impairment	0	0	0
Contract costs	325,510,000	267,978,000
Capitalized contract cost, amortization	87,600,000	$ 85,400,000	$ 72,900,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 9,100,000,000
Renewal term	1 year
Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, requirement of payment, terms	1 year
Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, requirement of payment, terms	3 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, requirement of payment, terms	2 years
Revenue, remaining performance obligation, percentage	70.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, requirement of payment, terms	3 years
Revenue, remaining performance obligation, percentage	30.00%

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Detail) $ in Thousands, € in Millions, $ in Millions, ₨ in Billions

Sep. 01, 2021USD ($)center

Sep. 01, 2021INR (₨)center

Nov. 02, 2020USD ($)center

Nov. 02, 2020CAD ($)center

Mar. 02, 2020USD ($)

Jan. 08, 2020USD ($)center

Apr. 18, 2019USD ($)

Apr. 18, 2019EUR (€)

Jun. 30, 2022USD ($)

Mar. 31, 2020USD ($)

Dec. 31, 2021USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2021acquisition

Oct. 01, 2020center

Business Acquisition [Line Items]

Stock-based compensation expense

$ 363,774

$ 311,020

$ 236,539

Number of acquisitions | acquisition

4

Revenues

6,635,537

$ 5,998,545

$ 5,562,140

MainOne Cable Company Ltd. | Forecast

Business Acquisition [Line Items]

Cash consideration for acquisition

$ 320,000

GPX India

Business Acquisition [Line Items]

Consideration transferred

$ 170,500

₨ 12.5

Number of data centers acquired | center

2

2

Revenues

$ 6,900

Bell

Business Acquisition [Line Items]

Consideration transferred

$ 704,000

$ 934.3

Number of data centers acquired | center

1

1

12

Packet Host, Inc.

Business Acquisition [Line Items]

Consideration transferred

$ 290,300

Stock-based compensation expense

$ 16,100

Value of equity issued

$ 30,200

Vesting period

3 years

Axtel

Business Acquisition [Line Items]

Cash consideration for acquisition

$ 175,000

Consideration transferred

$ 189,000

Number of data centers acquired | center

3

Value added taxes

$ 14,000

Switch Datacenters' AMS1

Business Acquisition [Line Items]

Cash consideration for acquisition

$ 34,300

€ 30.6

Acquisitions - Preliminary Purc

Acquisitions - Preliminary Purchase Price Allocation (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Sep. 01, 2021	Dec. 31, 2020	Oct. 01, 2020	Mar. 02, 2020	Jan. 08, 2020	Dec. 31, 2019
Allocation of purchase price consideration
Goodwill	$ 5,372,071		$ 5,472,553				$ 4,781,858
GPX India
Allocation of purchase price consideration
Cash and cash equivalents		$ 9,406
Accounts receivable		4,399
Other current assets		8,883
Property, plant and equipment		88,108
Operating lease right-of-use assets		62
Intangible assets		15,472
Goodwill		77,162
Deferred tax and other assets		20
Total assets acquired		203,512
Accounts payable and accrued liabilities		(1,569)
Other current liabilities		(478)
Operating lease liabilities		(62)
Finance lease liabilities		(20,565)
Deferred tax and other liabilities		(10,373)
Net assets acquired		$ 170,465
Bell
Allocation of purchase price consideration
Cash and cash equivalents				$ 0
Accounts receivable				0
Other current assets				696
Property, plant and equipment				538,717
Operating lease right-of-use assets				14,359
Intangible assets				75,857
Goodwill				172,387
Deferred tax and other assets				722
Total assets acquired				802,738
Accounts payable and accrued liabilities				(895)
Other current liabilities				0
Operating lease liabilities				(13,340)
Finance lease liabilities				(80,026)
Deferred tax and other liabilities				(4,495)
Net assets acquired				$ 703,982
Packet Host, Inc.
Allocation of purchase price consideration
Cash and cash equivalents					$ 1,068
Accounts receivable					5,098
Other current assets					299
Property, plant and equipment					27,945
Operating lease right-of-use assets					1,519
Intangible assets					58,500
Goodwill					230,620
Deferred tax and other assets					138
Total assets acquired					325,187
Accounts payable and accrued liabilities					(1,275)
Other current liabilities					(860)
Operating lease liabilities					(1,519)
Finance lease liabilities					(27,945)
Deferred tax and other liabilities					(3,290)
Net assets acquired					$ 290,298
Axtel
Allocation of purchase price consideration
Cash and cash equivalents						$ 0
Accounts receivable						0
Other current assets						14,048
Property, plant and equipment						76,407
Operating lease right-of-use assets						1,646
Intangible assets						22,750
Goodwill						78,902
Deferred tax and other assets						0
Total assets acquired						193,753
Accounts payable and accrued liabilities						(238)
Other current liabilities						0
Operating lease liabilities						(1,586)
Finance lease liabilities						0
Deferred tax and other liabilities						(2,911)
Net assets acquired						$ 189,018

Acquisitions - Intangible Asset

Acquisitions - Intangible Assets (Details) $ in Thousands	Sep. 01, 2021USD ($)	Mar. 02, 2020USD ($)	Jan. 08, 2020USD ($)	Nov. 02, 2020USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Business Acquisition [Line Items]
Fair Value							$ 1,568
GPX India
Business Acquisition [Line Items]
Fair Value					$ 15,472
Bell
Business Acquisition [Line Items]
Fair Value						$ 75,631
Packet Host, Inc.
Business Acquisition [Line Items]
Fair Value						58,500
Axtel
Business Acquisition [Line Items]
Fair Value						$ 22,750
Customer relationships | GPX India
Business Acquisition [Line Items]
Fair Value	$ 15,472
Estimated Useful Lives (Years)	15 years
Weighted-average Estimated Useful Lives (Years)	15 years
Customer relationships | GPX India | Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input	0.110
Customer relationships | Bell
Business Acquisition [Line Items]
Fair Value				$ 75,857,000
Estimated Useful Lives (Years)				15 years
Weighted-average Estimated Useful Lives (Years)				15 years
Customer relationships | Bell | Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.080
Customer relationships | Packet Host, Inc.
Business Acquisition [Line Items]
Fair Value		$ 52,100
Estimated Useful Lives (Years)		10 years
Weighted-average Estimated Useful Lives (Years)		10 years
Customer relationships | Packet Host, Inc. | Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input		0.080
Customer relationships | Axtel
Business Acquisition [Line Items]
Fair Value			$ 22,750
Estimated Useful Lives (Years)			15 years
Weighted-average Estimated Useful Lives (Years)			15 years
Customer relationships | Axtel | Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input			0.133
Trade names | Packet Host, Inc.
Business Acquisition [Line Items]
Fair Value		$ 1,300
Estimated Useful Lives (Years)		3 years
Weighted-average Estimated Useful Lives (Years)		3 years
Trade names | Packet Host, Inc. | Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input		0.080
Trade names | Packet Host, Inc. | Royalty Method, Royalty Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input		0.010
Existing technology | Packet Host, Inc.
Business Acquisition [Line Items]
Fair Value		$ 5,100
Estimated Useful Lives (Years)		3 years
Weighted-average Estimated Useful Lives (Years)		3 years
Existing technology | Packet Host, Inc. | Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input		0.080

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Earnings Per Share [Abstract]
Net income	$ 499,728	$ 370,074	$ 507,245
Net (income) loss attributable to non-controlling interests	463	(297)	205
Net income attributable to Equinix	$ 500,191	$ 369,777	$ 507,450
Weighted-average shares used to calculate basic EPS (in shares)	89,772	87,700	84,140
Effect of dilutive securities:
Employee equity awards (in shares)	637	710	539
Weighted-average shares used to calculate diluted EPS (in shares)	90,409	88,410	84,679
Basic EPS (in dollars per share)	$ 5.57	$ 4.22	$ 6.03
Diluted EPS (in dollars per share)	$ 5.53	$ 4.18	$ 5.99

Earnings Per Share - Anti-dilut

Earnings Per Share - Anti-dilutive Potential Shares of Common Stock Excluded from Computation of Earnings Per Share (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock related to employee equity awards (in shares)	206	19	21
Common stock related to employee equity awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock related to employee equity awards (in shares)	206	19	21

Assets Held for Sale - Narrativ

Assets Held for Sale - Narrative (Details) $ in Thousands	Dec. 17, 2020USD ($)site	Dec. 15, 2020USD ($)	Oct. 31, 2021USD ($)	Sep. 30, 2021USD ($)	Jul. 31, 2021USD ($)	Sep. 30, 2020USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Apr. 30, 2020
Long Lived Assets Held-for-sale [Line Items]
Equity method investments							$ 245,049	$ 163,071
Impairment charges							$ 0	7,306	$ 15,790
Asia-Pacific Joint Venture 2
Long Lived Assets Held-for-sale [Line Items]
Ownership percentage			20.00%
EMEA 2 Joint Venture
Long Lived Assets Held-for-sale [Line Items]
Ownership percentage				20.00%
Equity method investments				$ 30,400
EMEA 2 Joint Venture | Disposed of by sale | Frankfurt, Helsinki, Madrid, Milan, and Paris Data Center Sites
Long Lived Assets Held-for-sale [Line Items]
Consideration				144,000
Proceeds from sale of data centers				106,400
Accounts receivable acquired in sale of asset				$ 7,200
EMEA 2 Joint Venture | Disposed of by sale | SP5 Data Center
Long Lived Assets Held-for-sale [Line Items]
Consideration			$ 34,300
EMEA 1 Joint Venture
Long Lived Assets Held-for-sale [Line Items]
Ownership percentage							20.00%
Equity method investments							$ 131,516	101,892
EMEA 1 Joint Venture | Disposed of by sale | DB5 Data Center
Long Lived Assets Held-for-sale [Line Items]
Consideration					$ 77,900
Gain (loss) on sale							15,800
EMEA 1 Joint Venture | Disposed of by sale | Paris 9 Data Center
Long Lived Assets Held-for-sale [Line Items]
Consideration		$ 131,500
Proceeds from sale of data centers		124,600
Fair value of contract asset		$ 5,600
Other commitment								17,700
EMEA 1 Joint Venture | Disposed of by sale | European xScale Data Center | Fair Value, Inputs, Level 3
Long Lived Assets Held-for-sale [Line Items]
Contingent consideration							$ 5,300	$ 44,200
Asia-Pacific 1 Joint Venture
Long Lived Assets Held-for-sale [Line Items]
Ownership percentage										20.00%
Asia-Pacific 1 Joint Venture | Disposed of by sale | Japan xScale Data Centers
Long Lived Assets Held-for-sale [Line Items]
Proceeds from sale of data centers	$ 209,800
Accounts receivable acquired in sale of asset	$ 15,600
Number of development sites | site	3
Impairment charges						$ 7,300
PGIM | Asia-Pacific Joint Venture 2
Long Lived Assets Held-for-sale [Line Items]
Ownership percentage			80.00%
GIC Private Limited | Asia-Pacific 1 Joint Venture
Long Lived Assets Held-for-sale [Line Items]
Ownership percentage										80.00%

Assets Held for Sale - Assets a

Assets Held for Sale - Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Long Lived Assets Held-for-sale [Line Items]
Operating lease right-of-use assets	$ 1,282,418	$ 1,475,057
Property, plant and equipment	15,445,775	14,503,084
Other assets	926,066	776,047
Total assets	27,918,698	27,006,841
Accounts payable and accrued expenses	879,144	844,862
Current portion of operating lease liabilities	144,029	154,207
Operating lease liabilities, less current portion	1,107,180	1,308,627
Accrued property, plant and equipment	187,334	301,155
Total liabilities	17,036,934	$ 16,372,723
Disposal Group, Held-for-sale, Not Discontinued Operations | SY9, MX3, and WA4 Data Centers to be Sold
Long Lived Assets Held-for-sale [Line Items]
Operating lease right-of-use assets	12,835
Property, plant and equipment	260,182
Other assets	3,178
Total assets	276,195
Accounts payable and accrued expenses	510
Current portion of operating lease liabilities	2,039
Operating lease liabilities, less current portion	348
Accrued property, plant and equipment	18,127
Total liabilities	$ 21,024

Equity Method Investments - Sch

Equity Method Investments - Schedule of Equity Method Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020	Apr. 30, 2020
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 245,049		$ 163,071
EMEA 1 Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership Percentage	20.00%
Equity method investments	$ 131,516		101,892
EMEA 2 Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership Percentage		20.00%
Equity method investments		$ 30,400
EMEA 2 Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Schedule of Equity Method Investments [Line Items]
Ownership Percentage	20.00%
Equity method investments			0
Asia-Pacific 1 Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership Percentage				20.00%
Asia-Pacific 1 Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Schedule of Equity Method Investments [Line Items]
Ownership Percentage	20.00%
Equity method investments			43,432
Other
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 18,481		$ 17,747

Equity Method Investments - Nar

Equity Method Investments - Narrative (Details) $ in Millions	Dec. 31, 2021USD ($)
EMEA 1 Joint Venture | Equity contribution commitment
Schedule of Equity Method Investments [Line Items]
Equity contribution commitment	$ 26

Equity Method Investments - S_2

Equity Method Investments - Schedule of Maximum Exposure Loss (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020	Apr. 30, 2020
Variable Interest Entity [Line Items]
Equity investment	$ 245,049		$ 163,071
Outstanding receivables	$ 27,997		6,519
Asia-Pacific 1 Joint Venture
Variable Interest Entity [Line Items]
Ownership Percentage				20.00%
Asia-Pacific 1 Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Equity investment			43,432
Ownership Percentage	20.00%
Asia-Pacific 1 Joint Venture | Variable Interest Entity, Not Primary Beneficiary | Joint Venture
Variable Interest Entity [Line Items]
Equity investment	$ 60,108
Outstanding receivables	2,124		16,936
Future equity contribution commitments	11,424
Total	$ 73,656
EMEA 2 Joint Venture
Variable Interest Entity [Line Items]
Equity investment		$ 30,400
Ownership Percentage		20.00%
EMEA 2 Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Equity investment			0
Ownership Percentage	20.00%
EMEA 2 Joint Venture | Variable Interest Entity, Not Primary Beneficiary | Joint Venture
Variable Interest Entity [Line Items]
Equity investment	$ 34,944
Outstanding receivables	26,953		$ 0
Future equity contribution commitments	64,875
Total	$ 164,890
Ownership Percentage	20.00%
EMEA 2 Joint Venture | Variable Interest Entity, Not Primary Beneficiary | EMEA 2 Joint Venture Credit Facility
Variable Interest Entity [Line Items]
Maximum future payments under debt guarantees	$ 38,100
Percentage guarantee on debt payments	0.20
EMEA 2 Joint Venture | Variable Interest Entity, Not Primary Beneficiary | EMEA 2 Joint Venture Credit Facility | Joint Venture
Variable Interest Entity [Line Items]
Maximum future payments under debt guarantees	$ 38,118
Percentage guarantee on debt payments	0.20

Balance Sheet Components - Cash

Balance Sheet Components - Cash, Cash Equivalents and Short-Term Investments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash and cash equivalents:
Cash and cash equivalents	$ 1,536,358	$ 1,604,869	$ 1,869,577
Short-term investments:
Certificates of deposit	0	4,373
Publicly traded equity securities	0	159
Total short-term investments	0	4,532
Total cash, cash equivalents and short-term investments	$ 1,536,358	$ 1,609,401
Cash equivalents maturity period (in days)	90 days	90 days
Cash
Cash and cash equivalents:
Cash and cash equivalents	$ 950,677	$ 993,798
Money market funds
Cash and cash equivalents:
Cash and cash equivalents	$ 585,681	$ 611,071

Balance Sheet Components - Acco

Balance Sheet Components - Accounts Receivable, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Accounts receivable	$ 693,444	$ 687,415
Allowance for credit losses	(11,635)	(10,677)	$ (13,026)	$ (15,950)
Accounts receivable, net	$ 681,809	$ 676,738	$ 689,134

Balance Sheet Components - Acti

Balance Sheet Components - Activities of Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Beginning Balance	$ 10,677	$ 13,026	$ 15,950
Provision for doubtful accounts	10,016	5,069	8,459
Net write-offs	(8,295)	(10,050)	(11,341)
Impact of foreign currency exchange	(763)	1,732	(42)
Ending Balance	$ 11,635	10,677	$ 13,026
Adjustment from adoption of new accounting standard
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adjustments due to adoption of ASU 2016-13		$ 900

Balance Sheet Components - Othe

Balance Sheet Components - Other Current Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Prepaid expenses	$ 65,224	$ 61,424
Taxes receivable	128,123	125,614
Restricted cash, current	12,188	11,135
Other receivables	59,224	44,333
Derivative instruments	117,432	8,906
Contract assets, current	65,392	13,534	$ 10,033
Other current assets	15,156	58,070
Total other current assets	462,739	323,016
Other | Disposed of by sale | European xScale Data Center
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contingent consideration	$ 5,300
Other | Disposed of by sale | European xScale Data Center | Contingency consideration
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contingent consideration		$ 44,200

Balance Sheet Components - Prop

Balance Sheet Components - Property, Plant and Equipment, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 23,702,864	$ 21,679,353
Less accumulated depreciation	(8,257,089)	(7,176,269)
Property, plant and equipment, net	15,445,775	14,503,084
Capitalized computer software	1,200,000	885,500
Core systems
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	10,808,417	9,659,908
Buildings
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	7,381,644	6,557,121
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,022,617	1,946,644
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	967,562	1,363,917
Personal property
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,551,642	1,207,669
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 970,982	$ 944,094

Balance Sheet Components - Good

Balance Sheet Components - Goodwill and Other Intangible Assets (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2019	Dec. 31, 2018
Goodwill And Intangible Assets [Line Items]
Goodwill	$ 5,472,553	$ 5,472,553	$ 5,372,071	$ 4,781,858
Intangible assets, gross	3,023,746	3,023,746	2,968,301
Accumulated amortization	(852,801)	(852,801)	(1,033,034)
Total	2,170,945	2,170,945	1,935,267	2,102,389	$ 2,333,296
Purchase consideration for asset acquisition		64,905
Customer relationships
Goodwill And Intangible Assets [Line Items]
Intangible assets, gross	2,891,060	2,891,060	2,841,372
Accumulated amortization	(818,370)	(818,370)	(987,462)
Trade names
Goodwill And Intangible Assets [Line Items]
Intangible assets, gross	11,512	11,512	11,471
Accumulated amortization	(2,337)	(2,337)	(3,207)
In-place leases
Goodwill And Intangible Assets [Line Items]
Intangible assets, gross	33,770	33,770	32,760
Accumulated amortization	(20,037)	(20,037)	(22,847)
Licenses
Goodwill And Intangible Assets [Line Items]
Intangible assets, gross	9,697	9,697	9,697
Accumulated amortization	(6,600)	(6,600)	(5,821)
At-the-money lease contracts
Goodwill And Intangible Assets [Line Items]
Intangible assets, gross	$ 64,905	$ 64,905	60,455
Remaining operating lease terms	12 years	12 years
Operating lease, renewal term	50 years	50 years
Amortization term of At-the-Money lease	12 years
Purchase consideration for asset acquisition	$ 49,400
Deferred tax liability	16,100	$ 16,100
Others
Goodwill And Intangible Assets [Line Items]
Intangible assets, gross	12,802	12,802	12,546
Accumulated amortization	(5,457)	(5,457)	(13,697)
Americas
Goodwill And Intangible Assets [Line Items]
Goodwill	2,212,782	2,212,782	2,210,009	1,741,689
Total	1,463,089	1,463,089	1,327,753	1,443,292	1,578,971
Purchase consideration for asset acquisition		0
EMEA
Goodwill And Intangible Assets [Line Items]
Goodwill	2,611,166	2,611,166	2,472,586	2,426,306
Total	518,027	518,027	431,942	466,564	543,860
Purchase consideration for asset acquisition		64,905
Asia-Pacific
Goodwill And Intangible Assets [Line Items]
Goodwill	648,605	648,605	689,476	613,863
Total	$ 189,829	189,829	$ 175,572	$ 192,533	$ 210,465
Purchase consideration for asset acquisition		$ 0

Balance Sheet Components - Carr

Balance Sheet Components - Carrying Amount of Goodwill by Geographical Regions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Balance, Beginning	$ 5,472,553	$ 4,781,858
Impact of foreign currency exchange	(177,644)	217,931
Balance, Ending	5,372,071	5,472,553
xSCale Data Centers
Goodwill [Roll Forward]
Asset sales		(7,306)
Packet Host, Inc.
Goodwill [Roll Forward]
Goodwill acquired during the period		230,620
Bell
Goodwill [Roll Forward]
Goodwill acquired during the period		170,548
Axtel
Goodwill [Roll Forward]
Goodwill acquired during the period		78,902
GPX India
Goodwill [Roll Forward]
Goodwill acquired during the period	77,162
Americas
Goodwill [Roll Forward]
Balance, Beginning	2,212,782	1,741,689
Impact of foreign currency exchange	(2,773)	(8,977)
Balance, Ending	2,210,009	2,212,782
Americas | xSCale Data Centers
Goodwill [Roll Forward]
Asset sales		0
Americas | Packet Host, Inc.
Goodwill [Roll Forward]
Goodwill acquired during the period		230,620
Americas | Bell
Goodwill [Roll Forward]
Goodwill acquired during the period		170,548
Americas | Axtel
Goodwill [Roll Forward]
Goodwill acquired during the period		78,902
Americas | GPX India
Goodwill [Roll Forward]
Goodwill acquired during the period	0
EMEA
Goodwill [Roll Forward]
Balance, Beginning	2,611,166	2,426,306
Impact of foreign currency exchange	(138,580)	184,860
Balance, Ending	2,472,586	2,611,166
EMEA | xSCale Data Centers
Goodwill [Roll Forward]
Asset sales		0
EMEA | Packet Host, Inc.
Goodwill [Roll Forward]
Goodwill acquired during the period		0
EMEA | Bell
Goodwill [Roll Forward]
Goodwill acquired during the period		0
EMEA | Axtel
Goodwill [Roll Forward]
Goodwill acquired during the period		0
EMEA | GPX India
Goodwill [Roll Forward]
Goodwill acquired during the period	0
Asia-Pacific
Goodwill [Roll Forward]
Balance, Beginning	648,605	613,863
Impact of foreign currency exchange	(36,291)	42,048
Balance, Ending	689,476	648,605
Asia-Pacific | xSCale Data Centers
Goodwill [Roll Forward]
Asset sales		(7,306)
Asia-Pacific | Packet Host, Inc.
Goodwill [Roll Forward]
Goodwill acquired during the period		0
Asia-Pacific | Bell
Goodwill [Roll Forward]
Goodwill acquired during the period		0
Asia-Pacific | Axtel
Goodwill [Roll Forward]
Goodwill acquired during the period		$ 0
Asia-Pacific | GPX India
Goodwill [Roll Forward]
Goodwill acquired during the period	$ 77,162

Balance Sheet Components - Net

Balance Sheet Components - Net Book Value of Intangible Assets by Geographic Regions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-lived Intangible Assets [Roll Forward]
Intangible assets, net beginning balance	$ 2,170,945	$ 2,102,389	$ 2,333,296
ASC 842 adoption adjustment			(23,205)
Intangible assets acquired during period			1,568
Other asset acquisition		64,905
Amortization of intangibles	(205,484)	(199,047)	(196,278)
Impact of foreign currency exchange	(45,666)	45,817	(9,469)
Intangible assets, net ending balance	1,935,267	2,170,945	2,102,389
NY12 Data Center
Finite-lived Intangible Assets [Roll Forward]
Asset sales - NY12 data center			(8,412)
Switch AMS1
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period			4,889
Axtel
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		22,750
Packet Host, Inc.
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		58,500
Bell
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		75,631
GPX India
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period	15,472
Americas
Finite-lived Intangible Assets [Roll Forward]
Intangible assets, net beginning balance	1,463,089	1,443,292	1,578,971
ASC 842 adoption adjustment			(108)
Intangible assets acquired during period			0
Other asset acquisition		0
Amortization of intangibles	(133,289)	(133,608)	(125,390)
Impact of foreign currency exchange	(2,047)	(3,476)	(1,769)
Intangible assets, net ending balance	1,327,753	1,463,089	1,443,292
Americas | NY12 Data Center
Finite-lived Intangible Assets [Roll Forward]
Asset sales - NY12 data center			(8,412)
Americas | Switch AMS1
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period			0
Americas | Axtel
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		22,750
Americas | Packet Host, Inc.
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		58,500
Americas | Bell
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		75,631
Americas | GPX India
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period	0
EMEA
Finite-lived Intangible Assets [Roll Forward]
Intangible assets, net beginning balance	518,027	466,564	543,860
ASC 842 adoption adjustment			(20,692)
Intangible assets acquired during period			1,096
Other asset acquisition		64,905
Amortization of intangibles	(55,807)	(49,417)	(54,432)
Impact of foreign currency exchange	(30,278)	35,975	(8,157)
Intangible assets, net ending balance	431,942	518,027	466,564
EMEA | NY12 Data Center
Finite-lived Intangible Assets [Roll Forward]
Asset sales - NY12 data center			0
EMEA | Switch AMS1
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period			4,889
EMEA | Axtel
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		0
EMEA | Packet Host, Inc.
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		0
EMEA | Bell
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		0
EMEA | GPX India
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period	0
Asia-Pacific
Finite-lived Intangible Assets [Roll Forward]
Intangible assets, net beginning balance	189,829	192,533	210,465
ASC 842 adoption adjustment			(2,405)
Intangible assets acquired during period			472
Other asset acquisition		0
Amortization of intangibles	(16,388)	(16,022)	(16,456)
Impact of foreign currency exchange	(13,341)	13,318	457
Intangible assets, net ending balance	175,572	189,829	192,533
Asia-Pacific | NY12 Data Center
Finite-lived Intangible Assets [Roll Forward]
Asset sales - NY12 data center			0
Asia-Pacific | Switch AMS1
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period			$ 0
Asia-Pacific | Axtel
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		0
Asia-Pacific | Packet Host, Inc.
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		0
Asia-Pacific | Bell
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period		$ 0
Asia-Pacific | GPX India
Finite-lived Intangible Assets [Roll Forward]
Intangible assets acquired during period	$ 15,472

Balance Sheet Components - Esti

Balance Sheet Components - Estimated Future Amortization Expense Related to Intangibles (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 196,744
2023	195,030
2024	193,722
2025	191,158
2026	190,802
Thereafter	967,811
Total	$ 1,935,267	$ 2,170,945	$ 2,102,389	$ 2,333,296

Balance Sheet Components - Ot_2

Balance Sheet Components - Other Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred tax assets, net	$ 59,816	$ 66,424
Prepaid expenses	87,758	82,443
Debt issuance costs, net	2,130	4,261
Deposits	70,548	69,043
Restricted cash	908	9,691
Derivative instruments	59,917	2,793
Contract assets, non-current	55,486	54,050	$ 31,521
Contract costs	325,510	267,978
Equity method investments	245,049	163,071
Other assets	18,944	56,293
Total other assets	926,066	776,047
Capitalized CCA implementation costs	$ 46,000	21,100
Metronode
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Indemnification assets		$ 42,800

Balance Sheet Components - Ac_2

Balance Sheet Components - Accounts Payable and Accrued Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accounts payable	$ 84,084	$ 77,705
Accrued compensation and benefits	364,783	317,117
Accrued interest	81,893	79,437
Accrued taxes	117,061	153,804
Accrued utilities and security	94,251	76,910
Accrued other	137,072	139,889
Total accounts payable and accrued expenses	879,144	844,862
Income taxes payable	$ 51,300	$ 59,800

Balance Sheet Components - Ot_3

Balance Sheet Components - Other Current Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Deferred revenue, current	$ 109,736	$ 101,258	$ 76,193
Customer deposits	16,380	17,115
Derivative instruments	13,373	188,726
Dividends payable, current	12,027	10,873
Asset retirement obligations	8,756	3,993
Other current liabilities	54,247	32,403
Total other current liabilities	$ 214,519	$ 354,368

Balance Sheet Components - Ot_4

Balance Sheet Components - Other Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
Asset retirement obligations	$ 108,800	$ 109,776
Deferred tax liabilities, net	340,287	290,366
Deferred revenue, non-current	87,495	71,242	$ 46,555
Accrued taxes	124,032	178,371
Dividends payable, non-current	9,750	7,947
Customer deposits	1,534	1,088
Derivative instruments	20,899	211,733
Other liabilities	70,614	78,476
Total other liabilities	$ 763,411	$ 948,999

Balance Sheet Components - Summ

Balance Sheet Components - Summary of Asset Retirement Obligation Liability (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Asset retirement obligations, beginning balance	$ 113,769	$ 102,415	$ 96,663
Additions	7,483	5,909	6,980
Adjustments	(6,591)	(4,241)	(7,969)
Accretion expense	6,518	6,331	6,290
Impact of foreign currency exchange	(3,623)	3,355	451
Asset retirement obligations, ending balance	$ 117,556	$ 113,769	$ 102,415

Derivatives and Hedging Instr_3

Derivatives and Hedging Instruments - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Net gain (loss) to be reclassified within the next 12 months, Foreign Currency Cash Flow Hedge	$ 13,300,000	$ (35,400,000)
Cross-currency interest rate swaps | Designated as hedging instruments
Derivative [Line Items]
Derivative notional amount	4,000,000,000	3,300,000,000
Foreign currency forward contracts | Not designated as hedging instruments
Derivative [Line Items]
Derivative notional amount	3,300,000,000	3,400,000,000
Net Investment Hedging | Foreign currency debt | Designated as hedging instruments
Derivative [Line Items]
Derivative notional amount	1,500,000,000	1,900,000,000
Net Investment Hedging | Foreign currency forward contracts | Designated as hedging instruments
Derivative [Line Items]
Derivative notional amount	375,700,000	355,600,000
Cash flow hedge instruments | Foreign currency forward and option contracts
Derivative [Line Items]
Derivative notional amount	831,200,000	912,900,000
Cash flow hedge instruments | Interest rate locks
Derivative [Line Items]
Derivative notional amount	800,000,000	0
Derivative, notional aggregate amount settled	1,300,000,000
Net loss to be reclassified within the next 12 months, Interest Rate Cash Flow Hedge	$ 3,900,000	$ 4,100,000

Derivatives and Hedging Instr_4

Derivatives and Hedging Instruments - Schedule of Net Investment Hedges Effect on AOCI (Details) - Net Investment Hedging - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Amount of gain or (loss) recognized in accumulated other comprehensive income:
Total	$ 326,982	$ (444,554)	$ 73,284
Amount of gain or (loss) recognized in earnings:
Amount of gain or (loss) excluded from effectiveness testing included in income	45,175	27,238	19,261
Foreign currency debt
Amount of gain or (loss) recognized in accumulated other comprehensive income:
Gain (loss) recognized in accumulated other comprehensive income (included component)	93,945	(208,281)	47,033
Currency Swap
Amount of gain or (loss) recognized in accumulated other comprehensive income:
Gain (loss) recognized in accumulated other comprehensive income (included component)	282,935	(218,843)	15,514
Gain (loss) recognized in accumulated other comprehensive income (excluded component)	(52,517)	(347)	10,737
Foreign currency forward contracts
Amount of gain or (loss) recognized in accumulated other comprehensive income:
Gain (loss) recognized in accumulated other comprehensive income (included component)	2,621	(17,115)	0
Gain (loss) recognized in accumulated other comprehensive income (excluded component)	(2)	32	0
Interest expense | Currency Swap
Amount of gain or (loss) recognized in earnings:
Amount of gain or (loss) excluded from effectiveness testing included in income	44,933	27,196	19,261
Interest expense | Foreign currency forward contracts
Amount of gain or (loss) recognized in earnings:
Amount of gain or (loss) excluded from effectiveness testing included in income	$ 242	$ 42	$ 0

Derivatives and Hedging Instr_5

Derivatives and Hedging Instruments - Schedule of Effect of Cash Flow Hedges on AOCI (Details) - Cash flow hedge instruments - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) recognized in accumulated other comprehensive income:	$ 77,542	$ (97,311)	$ (6,780)
Amount of gain or (loss) reclassified from accumulated other comprehensive income to income:	(22,857)	16,104	38,863
Amount of gain or (loss) excluded from effectiveness testing and included in income:	(244)	(1,761)	(994)
Foreign currency forward and option contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) recognized in accumulated other comprehensive income:	67,767	(68,573)	(9,945)
Foreign currency option contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in accumulated other comprehensive income (excluded component)	151	1,655	(1,807)
Foreign currency option contracts | Sales
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) excluded from effectiveness testing and included in income:	(244)	(1,761)	(1,082)
Interest rate locks
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) recognized in accumulated other comprehensive income:	9,624	(30,393)	4,972
Interest rate locks | Interest expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive income to income:	(4,056)	(1,204)	79
Foreign currency forward contracts | Sales
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive income to income:	(39,297)	37,198	80,046
Foreign currency forward contracts | Costs and operating expenses
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) reclassified from accumulated other comprehensive income to income:	20,496	(19,890)	(41,262)
Foreign currency forward contracts | Other income (expense)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of gain or (loss) excluded from effectiveness testing and included in income:	$ 0	$ 0	$ 88

Derivatives and Hedging Instr_6

Derivatives and Hedging Instruments - Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivatives not designated as hedging instruments, gain (loss)	$ 127,062	$ (128,549)	$ 37,459
Embedded derivatives | Revenues
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivatives not designated as hedging instruments, gain (loss)	3,503	(3,043)	63
Economic hedges of embedded derivatives | Revenues
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivatives not designated as hedging instruments, gain (loss)	(5,937)	2,142	550
Foreign currency forward contracts | Other income (expense)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivatives not designated as hedging instruments, gain (loss)	$ 129,496	$ (127,648)	$ 36,846

Derivatives and Hedging Instr_7

Derivatives and Hedging Instruments - Schedule of Fair Value of Derivative Instruments Recognized in Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Derivative assets	$ 177,349	$ 11,699
Derivative liabilities	34,272	400,459
Designated as hedging instruments
Derivative [Line Items]
Derivative assets	88,605	351
Derivative liabilities	27,129	262,784
Designated as hedging instruments | Foreign currency forward and option contracts
Derivative [Line Items]
Derivative assets	22,866	351
Derivative liabilities	7,618	52,804
Designated as hedging instruments | Interest rate locks
Derivative [Line Items]
Derivative assets	8,662	0
Derivative liabilities	0	0
Designated as hedging instruments | Cross-currency interest rate swaps
Derivative [Line Items]
Derivative assets	56,921	0
Derivative liabilities	19,441	192,939
Designated as hedging instruments | Foreign currency forward contracts
Derivative [Line Items]
Derivative assets	156	0
Derivative liabilities	70	17,041
Not designated as hedging instruments
Derivative [Line Items]
Derivative assets	88,744	11,348
Derivative liabilities	7,143	137,675
Not designated as hedging instruments | Embedded derivatives
Derivative [Line Items]
Derivative assets	3,247	3,255
Derivative liabilities	652	3,858
Not designated as hedging instruments | Economic hedges of embedded derivatives
Derivative [Line Items]
Derivative assets	2,232	4,372
Derivative liabilities	637	12
Not designated as hedging instruments | Foreign currency forward contracts
Derivative [Line Items]
Derivative assets	83,265	3,721
Derivative liabilities	$ 5,854	$ 133,805

Derivatives and Hedging Instr_8

Derivatives and Hedging Instruments - Offsetting Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Derivative assets
Gross Amounts	$ 207,037	$ 38,447
Gross Amounts Offset in the Balance Sheet	0	0
Net Amounts	207,037	38,447
Gross Amounts not Offset in the Balance Sheet	(47,538)	(35,100)
Net	159,499	3,347
Derivative liabilities
Gross Amounts	49,326	415,628
Gross Amounts Offset in the Balance Sheet	0	0
Net Amounts	49,326	415,628
Gross Amounts not Offset in the Balance Sheet	(47,538)	(35,100)
Net	$ 1,788	$ 380,528

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets:
Publicly traded equity securities	$ 0	$ 159
Derivative instruments	207,037	38,447
Liabilities:
Derivative instruments	49,326	415,628
Fair value, measurements, recurring
Assets:
Publicly traded equity securities		159
Derivative instruments	177,349	11,699
Assets	763,030	627,302
Liabilities:
Derivative instruments	34,272	400,459
Fair value, measurements, recurring | Money market and deposit accounts
Assets:
Investments	585,681	611,071
Fair value, measurements, recurring | Certificates of deposit
Assets:
Investments		4,373
Fair value, measurements, recurring | Fair value, Inputs, Level 1
Assets:
Publicly traded equity securities		159
Derivative instruments	0	0
Assets	585,681	611,230
Liabilities:
Derivative instruments	0	0
Fair value, measurements, recurring | Fair value, Inputs, Level 1 | Money market and deposit accounts
Assets:
Investments	585,681	611,071
Fair value, measurements, recurring | Fair value, Inputs, Level 1 | Certificates of deposit
Assets:
Investments		0
Fair value, measurements, recurring | Fair value, Inputs, Level 2
Assets:
Publicly traded equity securities		0
Derivative instruments	177,349	11,699
Assets	177,349	16,072
Liabilities:
Derivative instruments	34,272	400,459
Fair value, measurements, recurring | Fair value, Inputs, Level 2 | Money market and deposit accounts
Assets:
Investments	$ 0	0
Fair value, measurements, recurring | Fair value, Inputs, Level 2 | Certificates of deposit
Assets:
Investments		$ 4,373

Leases - Significant Lease Tran

Leases - Significant Lease Transactions (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)option	Dec. 31, 2021USD ($)	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Lessee, Lease, Description [Line Items]
Finance lease assets		$ 1,875,696		$ 1,688,032
Finance lease liability		2,137,509
Operating lease right-of-use assets		1,282,418		$ 1,475,057
Operating lease liability		$ 1,251,209
Silicon Valley 8 ("SV8") data center lease extended
Lessee, Lease, Description [Line Items]
Finance lease assets	$ 98,141
Finance lease liability	100,043
Operating lease right-of-use assets	(13,685)
Operating lease liability	$ (15,586)
Operating and finance lease term (in years)	16 years
Operating and finance lease renewal term (in years)	10 years
Number of renewal options | option	2
Hong Kong 3 ("HK3") data center lease extended
Lessee, Lease, Description [Line Items]
Operating and finance lease term (in years)	10 years
Operating and finance lease renewal term (in years)	5 years
Hong Kong 3 ("HK3") data center lease extended | Buildings
Lessee, Lease, Description [Line Items]
Finance lease assets	$ 37,987
Finance lease liability	37,987
Hong Kong 3 ("HK3") data center lease extended | Land
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	6,592
Operating lease liability	$ 6,592
Osaka 3 ("OS3") new data center and office lease
Lessee, Lease, Description [Line Items]
Finance lease assets			$ 144,122
Finance lease liability			$ 144,122
Finance lease term (in years)			15 years
Finance lease renewal term			2 years

Leases - Lease Expenses (Detail

Leases - Lease Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Finance lease cost
Amortization of ROU assets	$ 157,057	$ 120,169
Interest on lease liabilities	117,896	113,699
Total finance lease cost	274,953	233,868
Operating lease cost	221,776	217,299
Variable lease cost	33,066	13,588
Total lease cost	$ 529,795	$ 464,755

Leases - Other Information (Det

Leases - Other Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$ 113,571	$ 109,558
Operating cash flows from operating leases	258,719	206,512
Financing cash flows from finance leases	165,539	115,288	$ 126,486
Right-of-use assets obtained in exchange for lease obligations
Finance leases	412,214	487,592
Operating leases	$ 10,446	$ 108,797
Weighted-average remaining lease term - finance leases	14 years	14 years
Weighted-average remaining lease term - operating leases	12 years	12 years
Weighted-average discount rate - finance leases	7.00%	7.00%
Weighted-average discount rate - operating leases	4.00%	4.00%
Finance lease assets	$ 1,875,696	$ 1,688,032
Accumulated amortization, finance lease, right-of-use asset	$ 726,400	$ 604,100
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, plant and equipment	Property, plant and equipment

Leases - Maturities of Lease Li

Leases - Maturities of Lease Liabilities (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Operating Leases
2022	$ 181,810
2023	181,480
2024	165,689
2025	155,642
2026	145,578
Thereafter	847,168
Total lease payments	1,677,367
Less imputed interest	(426,158)
Total	1,251,209
Finance Leases
2022	252,670
2023	239,268
2024	240,696
2025	237,107
2026	227,262
Thereafter	1,979,654
Total lease payments	3,176,657
Less imputed interest	(1,039,148)
Total	2,137,509
Total
2022	434,480
2023	420,748
2024	406,385
2025	392,749
2026	372,840
Thereafter	2,826,822
Total lease payments	4,854,024
Less imputed interest	(1,465,306)
Total	3,388,718
Lessee, Lease, Description [Line Items]
Operating and finance leases not yet commenced, liability	$ 915,600
Minimum
Lessee, Lease, Description [Line Items]
Lease not yet commenced, term	3 years
Maximum
Lessee, Lease, Description [Line Items]
Lease not yet commenced, term	27 years

Debt Facilities - Mortgage and

Debt Facilities - Mortgage and Loans Payable (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Long term debt, gross	$ 618,388	$ 1,370,970
Less amount representing unamortized debt discount and debt issuance cost	(354)	(3,288)
Loans payable current and non current	619,664	1,369,543
Less current portion	(33,087)	(82,289)
Loans payable, noncurrent	586,577	1,287,254
Term loans
Debt Instrument [Line Items]
Long term debt, gross	549,697	1,292,067
Mortgage payable and other loans payable
Debt Instrument [Line Items]
Long term debt, gross	68,691	78,903
Mortgage
Debt Instrument [Line Items]
Add amount representing unamortized mortgage premium	$ 1,630	$ 1,861

Debt Facilities - Narrative (De

Debt Facilities - Narrative (Details)	Jun. 02, 2021USD ($)	May 17, 2021USD ($)	Mar. 24, 2021USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)credit	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	May 15, 2021USD ($)	Mar. 15, 2021USD ($)	Mar. 10, 2021USD ($)	Mar. 10, 2021EUR (€)	Dec. 31, 2017USD ($)	Oct. 31, 2013USD ($)
Debt Instrument [Line Items]
Amount outstanding under the Term Loan Facility, net					$ 11,722,148,000
Loss on debt extinguishment					115,125,000	$ 145,804,000	$ 52,825,000
Amount of debt discounts and debt issuance costs					354,000	3,288,000
Interest paid, net of capitalized interest					401,900,000	471,700,000	521,600,000
Line of Credit | 2017 Senior Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity												$ 3,000,000,000
Mortgage | Frankfurt Kleyer 90 Carrier Hotel
Debt Instrument [Line Items]
Loans payable													$ 42,900,000
Effective interest rate													4.25%
Mortgage | Toronto 2 Data Center
Debt Instrument [Line Items]
Loans payable							$ 43,800,000
Effective interest rate							3.63%
Senior Notes
Debt Instrument [Line Items]
Amount outstanding under the Term Loan Facility, net					$ 10,984,144,000	$ 9,168,463,000
Senior Notes | 1.250% Senior Notes due 2025
Debt Instrument [Line Items]
Effective interest rate					1.46%	1.46%
Interest rate (percent)					1.25%
Senior Notes | 1.800% Senior Notes due 2027
Debt Instrument [Line Items]
Effective interest rate					1.96%	1.96%
Interest rate (percent)					1.80%
Senior Notes | 2.150% Senior Notes due 2030
Debt Instrument [Line Items]
Effective interest rate					2.27%	2.27%
Interest rate (percent)					2.15%
Senior Notes | 3.000% Senior Notes due 2050
Debt Instrument [Line Items]
Effective interest rate					3.09%	3.09%
Interest rate (percent)					3.00%
Senior Notes | 0.250% Euro Senior Notes due 2027
Debt Instrument [Line Items]
Aggregate principal debt amount issued										$ 594,900,000	€ 500,000,000
Effective interest rate					0.45%	0.00%
Interest rate (percent)					0.25%					0.25%	0.25%
Amount of debt discounts and debt issuance costs									$ 7,000,000
Senior Notes | 1.000% Euro Senior Notes due 2033
Debt Instrument [Line Items]
Aggregate principal debt amount issued										$ 713,800,000	€ 600,000,000
Effective interest rate					1.18%	0.00%
Interest rate (percent)					1.00%					1.00%	1.00%
Amount of debt discounts and debt issuance costs									$ 14,100,000
Senior Notes | 2.875% Euro Senior Notes due 2026
Debt Instrument [Line Items]
Redemption of senior debt			$ 590,700,000
Effective interest rate					0.00%	3.04%
Interest rate (percent)			2.875%		2.875%
Loss on debt extinguishment				$ 13,200,000
Redemption premium				8,500,000
Write off of unamortized debt issuance				$ 4,700,000
Senior Notes | 1.450% Senior Notes due 2026
Debt Instrument [Line Items]
Aggregate principal debt amount issued		$ 700,000,000
Effective interest rate					1.64%	0.00%
Interest rate (percent)		1.45%			1.45%
Amount of debt discounts and debt issuance costs								$ 6,400,000
Senior Notes | 2.000% Senior Notes due 2028
Debt Instrument [Line Items]
Aggregate principal debt amount issued		$ 400,000,000
Effective interest rate					2.21%	0.00%
Interest rate (percent)		2.00%			2.00%
Amount of debt discounts and debt issuance costs								5,300,000
Senior Notes | 2.500% Senior Notes due 2031
Debt Instrument [Line Items]
Aggregate principal debt amount issued		$ 1,000,000,000
Effective interest rate					2.65%	0.00%
Interest rate (percent)		2.50%			2.50%
Amount of debt discounts and debt issuance costs								13,000,000
Senior Notes | 3.400% Senior Notes due 2052
Debt Instrument [Line Items]
Aggregate principal debt amount issued		$ 500,000,000
Effective interest rate					3.50%	0.00%
Interest rate (percent)		3.40%			3.40%
Amount of debt discounts and debt issuance costs								$ 9,300,000
Senior Notes | 5.375% Senior Notes due 2027
Debt Instrument [Line Items]
Effective interest rate					0.00%	5.51%
Interest rate (percent)	5.375%				5.375%
Loss on debt extinguishment	$ 100,600,000
Redemption premium	90,700,000
Write off of unamortized debt issuance	$ 9,900,000
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Amount available to borrow					$ 1,900,000,000
Revolving Credit Facility | Line of Credit | 2017 Senior Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity												2,000,000,000
Term loans | JPY Term Loan
Debt Instrument [Line Items]
Redemption of senior debt		$ 374,500,000
Term loans | SEK Term Loan
Debt Instrument [Line Items]
Redemption of senior debt		$ 285,400,000
Term loans | Line of Credit
Debt Instrument [Line Items]
Amount outstanding under the Term Loan Facility, net					$ 549,300,000	$ 1,300,000,000
Term loans | Line of Credit | 2017 Senior Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity												1,000,000,000
Term loans | Line of Credit | JPY Term Loan
Debt Instrument [Line Items]
Aggregate principal debt amount issued												$ 424,700,000
Letter of Credit | Line of Credit
Debt Instrument [Line Items]
Numbers of letters of credit outstanding | credit					41
Letters of credit outstanding, amount					$ 90,200,000

Debt Facilities - Senior Notes

Debt Facilities - Senior Notes (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 02, 2021	May 17, 2021	Mar. 24, 2021	Mar. 10, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Long term debt, gross	$ 618,388					$ 1,370,970
Total long term debt	11,722,148
Senior Notes
Debt Instrument [Line Items]
Long term debt, gross	11,102,130					9,261,050
Less amount representing unamortized debt discount and debt issuance cost	(117,986)					(92,773)
Add amount representing unamortized debt premium	0					186
Total long term debt	10,984,144					9,168,463
Less current portion	0					(150,186)
Total	10,984,144					9,018,277
Senior Notes | 5.000% Infomart Senior Notes
Debt Instrument [Line Items]
Long term debt, gross	$ 0					$ 150,000
Effective interest rate	0.00%					4.51%
Interest rate (percent)	5.00%
Senior Notes | 2.625% Senior Notes due 2024
Debt Instrument [Line Items]
Long term debt, gross	$ 1,000,000					$ 1,000,000
Effective interest rate	2.79%					2.79%
Interest rate (percent)	2.625%
Senior Notes | 1.250% Senior Notes due 2025
Debt Instrument [Line Items]
Long term debt, gross	$ 500,000					$ 500,000
Effective interest rate	1.46%					1.46%
Interest rate (percent)	1.25%
Senior Notes | 1.000% Senior Notes Due 2025
Debt Instrument [Line Items]
Long term debt, gross	$ 700,000					$ 700,000
Effective interest rate	1.18%					1.18%
Interest rate (percent)	1.00%
Senior Notes | 2.900% Senior Notes due 2026
Debt Instrument [Line Items]
Long term debt, gross	$ 600,000					$ 600,000
Effective interest rate	3.04%					3.04%
Interest rate (percent)	2.90%
Senior Notes | 2.875% Euro Senior Notes due 2026
Debt Instrument [Line Items]
Long term debt, gross	$ 0					$ 611,050
Effective interest rate	0.00%					3.04%
Interest rate (percent)	2.875%			2.875%
Senior Notes | 1.450% Senior Notes due 2026
Debt Instrument [Line Items]
Long term debt, gross	$ 700,000					$ 0
Effective interest rate	1.64%					0.00%
Interest rate (percent)	1.45%		1.45%
Senior Notes | 0.250% Euro Senior Notes due 2027
Debt Instrument [Line Items]
Long term debt, gross	$ 569,150					$ 0
Effective interest rate	0.45%					0.00%
Interest rate (percent)	0.25%				0.25%
Senior Notes | 1.800% Senior Notes due 2027
Debt Instrument [Line Items]
Long term debt, gross	$ 500,000					$ 500,000
Effective interest rate	1.96%					1.96%
Interest rate (percent)	1.80%
Senior Notes | 5.375% Senior Notes due 2027
Debt Instrument [Line Items]
Long term debt, gross	$ 0					$ 1,250,000
Effective interest rate	0.00%					5.51%
Interest rate (percent)	5.375%	5.375%
Senior Notes | 1.550% Senior Notes due 2028
Debt Instrument [Line Items]
Long term debt, gross	$ 650,000					$ 650,000
Effective interest rate	1.67%					1.67%
Interest rate (percent)	1.55%
Senior Notes | 2.000% Senior Notes due 2028
Debt Instrument [Line Items]
Long term debt, gross	$ 400,000					$ 0
Effective interest rate	2.21%					0.00%
Interest rate (percent)	2.00%		2.00%
Senior Notes | 3.200% Senior Notes due 2029
Debt Instrument [Line Items]
Long term debt, gross	$ 1,200,000					$ 1,200,000
Effective interest rate	3.30%					3.30%
Interest rate (percent)	3.20%
Senior Notes | 2.150% Senior Notes due 2030
Debt Instrument [Line Items]
Long term debt, gross	$ 1,100,000					$ 1,100,000
Effective interest rate	2.27%					2.27%
Interest rate (percent)	2.15%
Senior Notes | 2.500% Senior Notes due 2031
Debt Instrument [Line Items]
Long term debt, gross	$ 1,000,000					$ 0
Effective interest rate	2.65%					0.00%
Interest rate (percent)	2.50%		2.50%
Senior Notes | 1.000% Euro Senior Notes due 2033
Debt Instrument [Line Items]
Long term debt, gross	$ 682,980					$ 0
Effective interest rate	1.18%					0.00%
Interest rate (percent)	1.00%				1.00%
Senior Notes | 3.000% Senior Notes due 2050
Debt Instrument [Line Items]
Long term debt, gross	$ 500,000					$ 500,000
Effective interest rate	3.09%					3.09%
Interest rate (percent)	3.00%
Senior Notes | 2.950% Senior Notes due 2051
Debt Instrument [Line Items]
Long term debt, gross	$ 500,000					$ 500,000
Effective interest rate	3.00%					3.00%
Interest rate (percent)	2.95%
Senior Notes | 3.400% Senior Notes due 2052
Debt Instrument [Line Items]
Long term debt, gross	$ 500,000
Effective interest rate	3.50%					0.00%
Interest rate (percent)	3.40%		3.40%

Debt Facilities - Optional Rede

Debt Facilities - Optional Redemption Schedule (Details) - Senior Notes	12 Months Ended
	Dec. 31, 2021	May 17, 2021	Mar. 10, 2021
Debt Instrument, Redemption [Line Items]
Redemption price, percentage	100.00%
2.625% Senior Notes due 2024
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	2.625%
1.000% Senior Notes Due 2025
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	1.00%
1.250% Senior Notes due 2025
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	1.25%
2.900% Senior Notes due 2026
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	2.90%
1.800% Senior Notes due 2027
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	1.80%
1.550% Senior Notes due 2028
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	1.55%
3.200% Senior Notes due 2029
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	3.20%
2.150% Senior Notes due 2030
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	2.15%
3.000% Senior Notes due 2050
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	3.00%
2.950% Senior Notes due 2051
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	2.95%
0.250% Euro Senior Notes due 2027
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	0.25%		0.25%
1.000% Euro Senior Notes due 2033
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	1.00%		1.00%
1.450% Senior Notes due 2026
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	1.45%	1.45%
2.000% Senior Notes due 2028
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	2.00%	2.00%
2.500% Senior Notes due 2031
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	2.50%	2.50%
3.400% Senior Notes due 2052
Debt Instrument, Redemption [Line Items]
Interest rate (percent)	3.40%	3.40%

Debt Facilities - Summary of Ma

Debt Facilities - Summary of Maturities of Debt Instruments (Detail) $ in Thousands	Dec. 31, 2021USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2022	$ 582,783
2023	6,664
2024	1,006,230
2025	1,204,640
2026	1,304,770
Thereafter	7,617,061
Total long term debt	$ 11,722,148

Debt Facilities - Fair Value of

Debt Facilities - Fair Value of Debt Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Mortgage and loans payable	$ 621,051	$ 1,379,129
Senior notes	$ 11,049,834	$ 9,705,486

Debt Facilities - Interest Char

Debt Facilities - Interest Charges (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Interest expense	$ 336,082	$ 406,466	$ 479,684
Interest capitalized	24,505	26,750	32,173
Interest charges incurred	$ 360,587	$ 433,216	$ 511,857

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) - USD ($)	1 Months Ended		12 Months Ended
	May 31, 2020	Mar. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Oct. 31, 2020	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized (in shares)			300,000,000	300,000,000
Preferred stock, shares authorized (in shares)			100,000,000	100,000,000
Preferred stock, shares issued (in shares)			0	0
Preferred stock, shares outstanding (in shares)			0	0
Issuance of common stock in public offering of common stock, shares (in shares)	2,587,500	2,985,575
Issuance of common stock in public offering of common stock, net	$ 1,700,000,000	$ 1,200,000,000
Short term dividend payable			$ 12,027,000	$ 10,873,000
Long term dividend payable			9,750,000	7,947,000
Special Distribution
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Short term dividend payable			12,000,000	10,900,000
Long term dividend payable			$ 9,700,000	$ 7,900,000
2018 ATM Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock in public offering of common stock, shares (in shares)				415,512	903,555
Issuance of common stock in public offering of common stock, net				$ 298,300,000	$ 447,500,000
Sale of stock, equity offering agreement, authorized							$ 750,000,000
2020 ATM Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock in public offering of common stock, shares (in shares)			637,617	0
Issuance of common stock in public offering of common stock, net			$ 497,900,000
Sale of stock, equity offering agreement, authorized						$ 1,500,000,000
Series A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, shares authorized (in shares)			25,000,000
Series A-1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, shares authorized (in shares)			25,000,000
Undesignated
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, shares authorized (in shares)			50,000,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Reserve for Authorized but Unissued Shares of Common Stock (Details)	Dec. 31, 2021shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for issuance (in shares)	7,968,163
Common stock options and restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for issuance (in shares)	5,327,514
Common stock employee purchase plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for issuance (in shares)	2,640,649

Stockholders' Equity - Componen

Stockholders' Equity - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Loss, Net of Tax [Roll Forward]
Beginning balance	$ 10,634,118	$ 8,840,382	$ 7,219,279
Net Change	(172,368)	21,302	11,070
Ending balance	10,881,764	10,634,118	8,840,382
AOCI
Accumulated Other Comprehensive Loss, Net of Tax [Roll Forward]
Beginning balance	(913,368)	(934,613)	(945,702)
Net Change	(172,383)	21,245	11,089
Ending balance	(1,085,751)	(913,368)	(934,613)
Foreign currency translation adjustment ("CTA") gain (loss)
Accumulated Other Comprehensive Loss, Net of Tax [Roll Forward]
Beginning balance	(508,415)	(1,056,918)	(998,603)
Net Change	(559,984)	548,503	(58,315)
Ending balance	(1,068,399)	(508,415)	(1,056,918)
Unrealized gain (loss) on cash flow hedges
Accumulated Other Comprehensive Loss, Net of Tax [Roll Forward]
Beginning balance	(67,152)	15,638	19,480
Net Change	60,562	(82,790)	(3,842)
Ending balance	(6,590)	(67,152)	15,638
Net investment hedge CTA gain (loss)
Accumulated Other Comprehensive Loss, Net of Tax [Roll Forward]
Beginning balance	(336,934)	107,619	34,325
Net Change	326,982	(444,553)	73,294
Ending balance	(9,952)	(336,934)	107,619
Net actuarial gain (loss) on defined benefit plans
Accumulated Other Comprehensive Loss, Net of Tax [Roll Forward]
Beginning balance	(867)	(952)	(904)
Net Change	57	85	(48)
Ending balance	$ (810)	$ (867)	$ (952)

Stockholders' Equity - Quarterl

Stockholders' Equity - Quarterly Dividend and Special Distributions (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity [Abstract]
Total Distribution (in dollars per share)	$ 2.870000	$ 2.870000	$ 2.870000	$ 2.870000	$ 2.660000	$ 2.660000	$ 2.660000	$ 2.660000	$ 2.460000	$ 2.460000	$ 2.460000	$ 2.460000	$ 11.480000	$ 10.640000	$ 9.840000
Nonqualified Ordinary Dividend (in dollars per share)	$ 2.870000	$ 2.870000	$ 2.870000	$ 2.870000	$ 2.660000	$ 2.660000	$ 2.660000	$ 2.660000	$ 2.460000	$ 2.460000	$ 2.460000	$ 2.460000	$ 11.480000	$ 10.640000	$ 9.840000
Total Distribution Amount	$ 258,716	$ 257,769	$ 257,199	$ 256,321	$ 237,010	$ 236,424	$ 235,449	$ 227,386	$ 209,785	$ 209,226	$ 207,949	$ 198,933	$ 1,030,005	$ 936,269	$ 825,893

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)periodshares	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Apr. 23, 2020shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Capitalized stock-based compensation expense	$ 27.7	$ 20.3	$ 9.1
Share-based compensation expense not yet recognized	$ 629.4
Expected recognized period (in years)	2 years 1 month 6 days
2000 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	4 years
2001 Supplemental Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	4 years
Minimum percentage of fair value of grant	85.00%
2004 Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of purchase price reductions	15.00%
Number of offering periods | period	2
Offering period (in months)	24 months
Offering interval (in months)	6 months
Purchase discount from market price (percent)	85.00%
Number of shares available for grant (in shares) | shares	2,640,649
2020 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	4 years
Number of shares available for grant (in shares) | shares	3,969,920			4,000,000
Nonstatutory stock options, RSAs, RSUs and stock appreciation rights | 2000 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of fair market value of common stock on the grant date	85.00%
Incentive stock options | 2000 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of fair market value of common stock on the grant date	100.00%
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units vested and released, net	$ 472.9	$ 417	$ 269.1

Stock-Based Compensation - Shar

Stock-Based Compensation - Shares Reserved (Details) - shares	Dec. 31, 2021	Apr. 23, 2020
2004 Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares in reserve (in shares)	5,392,206
Number of shares available for grant (in shares)	2,640,649
2020 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares in reserve (in shares)	4,660,322
Number of shares available for grant (in shares)	3,969,920	4,000,000

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Restricted Stock Unit Activity (Details) - RSUs - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock units outstanding, beginning balance (in shares)	1,337,634	1,312,725	1,226,787
Restricted stock units granted (in shares)	776,628	695,383	779,478
Restricted stock units released, vested (in shares)	(633,466)	(606,250)	(549,259)
Special distribution shares released (in shares)	(34)	(722)	(1,781)
Restricted stock units canceled (in shares)	(123,168)	(63,502)	(142,477)
Special distribution shares canceled (in shares)			(23)
Restricted stock units outstanding, ending balance (in shares)	1,357,594	1,337,634	1,312,725
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Restricted stock units outstanding, weighted-average grant date fair value, beginning balance (in dollars per share)	$ 499.60	$ 411.99	$ 361.22
Restricted stock units granted, weighted-average grant date fair value (in dollars per share)	679.59	596.80	448.16
Restricted stock units released, vested, weighted-average grant date fair value (in dollars per share)	505.40	426.03	362.66
Special distribution shares released, weighted-average grant date fair value (in dollars per share)	297.03	264.57	295.31
Restricted stock units canceled, weighted-average grant date fair value (in dollars per share)	561.34	457.91	364.42
Special distribution shares canceled, weighted-average grant date fair value (in dollars per share)			297.04
Restricted stock units outstanding, weighted-average grant date fair value, ending balance (in dollars per share)	$ 594.27	$ 499.60	$ 411.99
Restricted stock units outstanding, weighted-average remaining contractual life (years)	1 year 2 months 23 days
Restricted stock units outstanding, aggregate intrinsic value	$ 1,148,307

Stock-Based Compensation - Disc

Stock-Based Compensation - Disclosures for 2004 Purchase Plan (Details) - 2004 Purchase Plan - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average purchase price per share (in dollars per share)	$ 467.59	$ 371.71	$ 354.72
Weighted-average grant date fair value per share (in dollars per share)	$ 138.80	$ 114.08	$ 104.84
Number of shares purchased (in shares)	166,023	167,113	146,640

Stock-Based Compensation - Assu

Stock-Based Compensation - Assumptions in Computation of Fair Value (Details) - 2004 Purchase Plan	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of risk-free interest rate, minimum	0.01%	0.10%	1.55%
Range of risk-free interest rate, maximum	0.21%	1.55%	2.58%
Range of expected volatility, minimum	25.54%	19.28%	19.27%
Range of expected volatility, maximum	41.24%	51.93%	25.55%
Weighted-average expected volatility	34.08%	32.94%	22.95%
Weighted average expected life (in years)	1 year 2 months 4 days	1 year 4 months 9 days	1 year 2 months 26 days
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of dividend yield	1.58%	1.94%	2.07%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of dividend yield	1.77%	2.08%	2.09%

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock-Based Compensation Expense Recognized in Company's Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	May 31, 2020	Mar. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense			$ 363,774	$ 311,020	$ 236,539
Issuance of common stock (in shares)	2,587,500	2,985,575
RSUs
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense			330,077	289,426	217,541
RSAs
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense			10,067	$ 8,289	0
Issuance of common stock (in shares)				48,799
Employee stock purchase plan
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense			23,630	$ 13,305	18,998
Cost of revenues
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense			38,438	32,893	25,355
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense			79,144	72,895	56,719
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense			$ 246,192	$ 205,232	$ 154,465

Income Taxes - Income from Cont

Income Taxes - Income from Continuing Operations before Income Taxes Attributable to Geographic Locations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Domestic	$ 137,492	$ 18,395	$ 328,806
Foreign	471,460	497,830	363,791
Income before income taxes	$ 608,952	$ 516,225	$ 692,597

Income Taxes - Components of Ta

Income Taxes - Components of Tax Benefit (Expenses) for Income Taxes from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current:
Federal	$ 7,753	$ 4,552	$ (17,906)
State and local	(156)	1,597	(4,624)
Foreign	(76,450)	(171,092)	(135,356)
Subtotal	(68,853)	(164,943)	(157,886)
Deferred:
Federal	11,060	16,553	(7,459)
State and local	(1,411)	704	(1,775)
Foreign	(50,020)	1,535	(18,232)
Subtotal	(40,371)	18,792	(27,466)
Income tax expense	$ (109,224)	$ (146,151)	$ (185,352)

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Federal tax at statutory rate	$ (127,880)	$ (109,906)	$ (145,445)
State and local tax (expense) benefit	(1,513)	2,071	(5,852)
Deferred tax assets generated in current year not benefited	(19,703)	(12,852)	(5,398)
Foreign income tax rate differential	(18,918)	(16,364)	(11,610)
Non-deductible expenses	(10,579)	(4,427)	(1,021)
Stock-based compensation expense	(1,385)	(954)	(2,105)
Change in valuation allowance	(595)	390	(2,870)
Foreign financing activities	(4,805)	(11,743)	(18,738)
Loss on divestments	0	0	(3,277)
Uncertain tax positions reserve	50,059	(38,014)	(35,724)
Tax adjustments related to REIT	39,164	50,107	63,614
Change in deferred tax adjustments	(1,251)	(136)	(10,574)
Effect of tax rate change on deferred tax assets	(12,297)	0	0
Other, net	479	(4,323)	(6,352)
Income tax expense	$ (109,224)	$ (146,151)	$ (185,352)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Detail) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Contingency [Line Items]
Unrecognized tax benefits that would impact effective tax rate	$ 148.3
Tax basis of REIT assets in excess of balance sheet	2,200
Tax credit carryforward	7.2
Unrecognized tax benefits, interest and penalties accrued	13.6	$ 21.3	$ 14.2
Capital Loss Carryforward
Income Tax Contingency [Line Items]
Tax credit carryforward	8
Indemnification Agreement
Income Tax Contingency [Line Items]
Unrecognized tax benefits that would impact effective tax rate	3.4
Indemnification Agreement | Metronode
Income Tax Contingency [Line Items]
Unrecognized tax benefits that would impact effective tax rate	$ 32

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Stock-based compensation expense	$ 9,057	$ 5,583
Net unrealized losses	0	17,268
Operating lease liabilities	225,261	187,912
Capital lease liabilities	13,927	26,655
Deferred revenue	14,429	10,785
Loss carryforwards and tax credits	201,132	117,150
Others, net	7,257	4,296
Gross deferred tax assets	471,063	369,649
Valuation allowance	(100,746)	(82,344)	$ (57,812)	$ (57,003)
Total deferred tax assets, net	370,317	287,305
Deferred tax liabilities:
Net unrealized gains	(1,462)	0
Property, plant and equipment	(262,532)	(145,314)
Right-of-use assets	(233,199)	(201,714)
Deferred income	(33,052)	(31,538)
Intangible assets	(120,543)	(132,681)
Total deferred tax liabilities	(650,788)	(511,247)
Net deferred tax liabilities	$ (280,471)	$ (223,942)

Income Taxes - Changes in Valua

Income Taxes - Changes in Valuation Allowance for Deferred Tax Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred Tax Assets, Valuation Allowance [Roll Forward]
Beginning balance	$ 82,344	$ 57,812	$ 57,003
Amounts from acquisitions	964	5,777	(2,707)
Divested balances	0	0	(351)
Amounts recognized into income	595	(390)	2,870
Current increase	19,539	15,044	697
Impact of foreign currency exchange	(2,696)	4,101	300
Ending balance	$ 100,746	$ 82,344	$ 57,812

Income Taxes - Schedule of Net

Income Taxes - Schedule of Net Operating Loss Carryforwards (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 1,154,227
2022
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	21,562
2023 to 2025
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	52,826
2026 to 2028
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	24,746
2029 to 2031
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	33,616
2032 to 2034
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	1,216
2035 to 2037
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	13,068
Thereafter
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	1,007,193
Federal
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	504,648
Net operating loss carryforwards that will not be available to offset	56,700
Federal | 2022
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	20,808
Federal | 2023 to 2025
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	26,838
Federal | 2026 to 2028
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	12,186
Federal | 2029 to 2031
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	0
Federal | 2032 to 2034
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	394
Federal | 2035 to 2037
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	6,739
Federal | Thereafter
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	437,683
State
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	84,805
State | 2022
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	0
State | 2023 to 2025
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	112
State | 2026 to 2028
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	0
State | 2029 to 2031
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	767
State | 2032 to 2034
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	822
State | 2035 to 2037
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	2,491
State | Thereafter
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	80,613
Foreign
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	564,774
Foreign | 2022
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	754
Foreign | 2023 to 2025
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	25,876
Foreign | 2026 to 2028
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	12,560
Foreign | 2029 to 2031
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	32,849
Foreign | 2032 to 2034
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	0
Foreign | 2035 to 2037
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	3,838
Foreign | Thereafter
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 488,897

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 207,759	$ 173,726	$ 150,930
Gross increases related to prior year tax positions	4,547	14,732	0
Gross decreases related to prior year tax positions	(58,356)	0	(1,160)
Gross increases related to current year tax positions	10,000	29,149	31,332
Decreases resulting from expiration of statute of limitation	(10,561)	(6,518)	(2,112)
Decreases resulting from settlements	(5,089)	(3,330)	(5,264)
Ending balance	$ 148,300	$ 207,759	$ 173,726

Commitments and Contingencies (

Commitments and Contingencies (Detail)	Dec. 31, 2021USD ($)claim	Sep. 30, 2021
Other Commitments [Line Items]
Number of pending claims | claim	0
Severance payment percent, scenario one	100.00%
Severance payment percent, scenario two	200.00%
Severance payment percent, scenario three	200.00%
Indemnification of officers and directors
Other Commitments [Line Items]
Liabilities under guarantor agreements	$ 0
General indemnification
Other Commitments [Line Items]
Liabilities under guarantor agreements	0
Indemnification of business partners
Other Commitments [Line Items]
Liabilities under guarantor agreements	0
Service level credits agreement
Other Commitments [Line Items]
Liabilities under guarantor agreements	0
Capital expenditures
Other Commitments [Line Items]
Purchase commitments	1,000,000,000
Miscellaneous purchase commitments
Other Commitments [Line Items]
Purchase commitments	$ 1,300,000,000
EMEA 2 Joint Venture
Other Commitments [Line Items]
Ownership Percentage		20.00%
EMEA 2 Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Other Commitments [Line Items]
Ownership Percentage	20.00%
EMEA 2 Joint Venture | Variable Interest Entity, Not Primary Beneficiary | EMEA 2 Joint Venture Credit Facility
Other Commitments [Line Items]
Maximum borrowing capacity	$ 1,400,000,000
Percentage guarantee on debt payments	0.20
Maximum guarantee under credit facility arrangement	$ 310,800,000
Maximum future payments under debt guarantees	$ 38,100,000

Related Party Transactions - Su

Related Party Transactions - Summary of Gains (Losses) of Joint Venture Arrangements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Revenues	$ 140,947	$ 95,264	$ 25,905
Expenses	5,337	10,849	15,844
EMEA 1 Joint Venture | Joint Venture
Related Party Transaction [Line Items]
Revenues	42,387	21,306	3,707
Expenses	$ 8,303	14,935	2,076
EMEA 1 Joint Venture | Joint Venture | Sublease, Equinix's London 10-2 Data Center
Related Party Transaction [Line Items]
Sublease, lease term (in years)	15 years
Asia-Pacific 1 Joint Venture | Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Related Party Transaction [Line Items]
Revenues	$ 21,223	588	0
EMEA 2 Joint Venture | Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Related Party Transaction [Line Items]
Revenues	$ 7,097	$ 0	$ 0

Related Party Transactions - _2

Related Party Transactions - Summary of Assets and Liabilities from Related Party Transactions with the Joint Ventures (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Accounts receivable	$ 27,997	$ 6,519
Finance lease assets	1,875,696	1,688,032
Finance lease liability	2,137,509
Payables	20	0
EMEA 1 Joint Venture | Joint Venture
Related Party Transaction [Line Items]
Accounts receivable	32,077	6,459
Contract assets	54,503	5,614
Finance lease assets	118,817	127,197
Other liabilities and payables	2,483	17,646
Other liabilities and payables - construction obligation	39,382	55,607
Deferred revenue	16,886	0
Finance lease liability	124,918	130,756
Asia-Pacific 1 Joint Venture | Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Related Party Transaction [Line Items]
Accounts receivable	2,124	16,936
Payables	121	0
EMEA 2 Joint Venture | Joint Venture | Variable Interest Entity, Not Primary Beneficiary
Related Party Transaction [Line Items]
Accounts receivable	26,953	0
Contract assets	1,492	0
Payables	$ 1,755	$ 0

Related Party Transactions - Ot

Related Party Transactions - Other Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Related Party Transactions [Abstract]
Revenues	$ 140,947	$ 95,264	$ 25,905
Costs and services	5,337	10,849	$ 15,844
Accounts receivable	27,997	6,519
Accounts payable	$ 20	$ 0

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)segment	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	3
Segment Reporting Information [Line Items]
Revenues	$ 6,635,537	$ 5,998,545	$ 5,562,140
Americas
Segment Reporting Information [Line Items]
Revenues	3,021,751	2,707,758	2,587,727
U.S. | Americas
Segment Reporting Information [Line Items]
Revenues	$ 2,600,000	$ 2,500,000	$ 2,400,000

Segment Information - Revenue I

Segment Information - Revenue Information by Category (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue from External Customer [Line Items]
Revenues	$ 6,635,537	$ 5,998,545	$ 5,562,140
Recurring revenues
Revenue from External Customer [Line Items]
Revenues	6,220,485	5,658,030	5,238,186
Colocation
Revenue from External Customer [Line Items]
Revenues	4,642,214	4,259,001	4,022,207
Interconnection
Revenue from External Customer [Line Items]
Revenues	1,161,502	1,023,258	893,589
Managed infrastructure
Revenue from External Customer [Line Items]
Revenues	380,857	337,345	292,628
Other
Revenue from External Customer [Line Items]
Revenues	35,912	38,426	29,762
Non-recurring revenues
Revenue from External Customer [Line Items]
Revenues	415,052	340,515	323,954
Americas
Revenue from External Customer [Line Items]
Revenues	3,021,751	2,707,758	2,587,727
Americas | Recurring revenues
Revenue from External Customer [Line Items]
Revenues	2,861,937	2,582,800	2,456,368
Americas | Colocation
Revenue from External Customer [Line Items]
Revenues	2,002,253	1,820,709	1,769,654
Americas | Interconnection
Revenue from External Customer [Line Items]
Revenues	678,677	622,327	576,709
Americas | Managed infrastructure
Revenue from External Customer [Line Items]
Revenues	168,577	120,159	90,262
Americas | Other
Revenue from External Customer [Line Items]
Revenues	12,430	19,605	19,743
Americas | Non-recurring revenues
Revenue from External Customer [Line Items]
Revenues	159,814	124,958	131,359
EMEA
Revenue from External Customer [Line Items]
Revenues	2,155,216	1,996,389	1,806,444
EMEA | Recurring revenues
Revenue from External Customer [Line Items]
Revenues	2,001,931	1,864,720	1,680,746
EMEA | Colocation
Revenue from External Customer [Line Items]
Revenues	1,597,830	1,504,770	1,395,544
EMEA | Interconnection
Revenue from External Customer [Line Items]
Revenues	259,538	213,490	161,552
EMEA | Managed infrastructure
Revenue from External Customer [Line Items]
Revenues	124,937	127,722	113,631
EMEA | Other
Revenue from External Customer [Line Items]
Revenues	19,626	18,738	10,019
EMEA | Non-recurring revenues
Revenue from External Customer [Line Items]
Revenues	153,285	131,669	125,698
Asia-Pacific
Revenue from External Customer [Line Items]
Revenues	1,458,570	1,294,398	1,167,969
Asia-Pacific | Recurring revenues
Revenue from External Customer [Line Items]
Revenues	1,356,617	1,210,510	1,101,072
Asia-Pacific | Colocation
Revenue from External Customer [Line Items]
Revenues	1,042,131	933,522	857,009
Asia-Pacific | Interconnection
Revenue from External Customer [Line Items]
Revenues	223,287	187,441	155,328
Asia-Pacific | Managed infrastructure
Revenue from External Customer [Line Items]
Revenues	87,343	89,464	88,735
Asia-Pacific | Other
Revenue from External Customer [Line Items]
Revenues	3,856	83	0
Asia-Pacific | Non-recurring revenues
Revenue from External Customer [Line Items]
Revenues	$ 101,953	$ 83,888	$ 66,897

Segment Information - Schedule

Segment Information - Schedule of Adjusted EBITDA (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ 3,144,384	$ 2,852,898	$ 2,687,727
Depreciation, amortization and accretion expense	(1,660,524)	(1,427,010)	(1,285,296)
Stock-based compensation expense	(363,774)	(311,020)	(236,539)
Transaction costs	(22,769)	(55,935)	(24,781)
Impairment charges	0	(7,306)	(15,790)
Gain on asset sales	10,845	1,301	44,310
Income from operations	1,108,162	1,052,928	1,169,631
Americas
Segment Reporting Information [Line Items]
Adjusted EBITDA	1,326,460	1,186,022	1,237,622
EMEA
Segment Reporting Information [Line Items]
Adjusted EBITDA	1,033,333	974,246	827,980
Asia-Pacific
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ 784,591	$ 692,630	$ 622,125

Segment Information - Segment D

Segment Information - Segment Disclosures (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 1,656,290	$ 1,423,369	$ 1,284,837
Capital expenditures	2,751,512	2,282,504	2,079,521
Americas
Segment Reporting Information [Line Items]
Depreciation and amortization	865,910	729,611	669,498
Capital expenditures	970,217	866,989	805,360
EMEA
Segment Reporting Information [Line Items]
Depreciation and amortization	455,651	389,332	353,765
Capital expenditures	1,049,279	888,239	733,326
Asia-Pacific
Segment Reporting Information [Line Items]
Depreciation and amortization	334,729	304,426	261,574
Capital expenditures	$ 732,016	$ 527,276	$ 540,835

Segment Information - Long-Live

Segment Information - Long-Lived Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	$ 15,445,775	$ 14,503,084
Operating lease right-of-use assets	1,282,418	1,475,057
Americas
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	6,777,174	6,429,861
Operating lease right-of-use assets	297,300	363,515
Americas | U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	5,400,000	5,200,000
Operating lease right-of-use assets	271,000	334,700
EMEA
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	5,125,341	5,002,271
Operating lease right-of-use assets	470,330	547,547
Asia-Pacific
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment, net	3,543,260	3,070,952
Operating lease right-of-use assets	$ 514,788	$ 563,995

Subsequent Events (Details)

Subsequent Events (Details)	Feb. 16, 2022$ / shares	Jan. 27, 2022USD ($)center	Jan. 07, 2022USD ($)	Jan. 07, 2022GBP (£)	Jan. 07, 2022GBP (£)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2017USD ($)
Subsequent Event [Line Items]
Equity method investments						$ 245,049,000	$ 163,071,000
Line of Credit | 2017 Senior Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity								$ 3,000,000,000
Revolving Credit Facility | Line of Credit | 2017 Senior Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity								2,000,000,000
Term loans | Line of Credit | 2017 Senior Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity								$ 1,000,000,000
Subsequent event
Subsequent Event [Line Items]
Cash dividends declared per share (in dollars per share) | $ / shares	$ 3.10
Subsequent event | APAC 3 Joint Venture
Subsequent Event [Line Items]
Equity method investments		$ 525,000,000
Number of data centers to develop and operate | center		2
Subsequent event | Line of Credit | 2022 Senior Credit Facility
Subsequent Event [Line Items]
Proceeds from lines of credit			$ 119,500,000	£ 88,000,000
Subsequent event | Revolving Credit Facility | Line of Credit | 2022 Senior Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity			$ 4,000,000,000
Subsequent event | Term loans | Line of Credit | 2022 Senior Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity | £					£ 500,000,000
Repayments of debt | £				£ 406,300,000

Schedule III - Real Estate an_2

Schedule III - Real Estate and Accumulated Depreciation - Real Estate and Accumulated Depreciation, by Property (Detail) - USD ($)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Initial Costs to Company
Encumbrances	$ 30,310,000
Land	598,614,000
Buildings and Improvements	4,687,056,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	387,949,000
Buildings and Improvements	16,232,443,000
Total Costs
Land	986,560,000
Buildings and Improvements	20,919,495,000
Accumulated Depreciation	(7,274,860,000)	$ (6,399,477,000)	$ (5,329,182,000)	$ (4,517,016,000)
Taxable basis in aggregate initial cost	29,100,000,000
Operating lease
Total Costs
Initial cost	0
Americas | AT1 ATLANTA (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	151,612,000
Total Costs
Land	0
Buildings and Improvements	151,612,000
Accumulated Depreciation	(82,544,000)
Americas | AT2 ATLANTA (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	38,799,000
Total Costs
Land	0
Buildings and Improvements	38,799,000
Accumulated Depreciation	(28,723,000)
Americas | AT3 ATLANTA (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	4,453,000
Total Costs
Land	0
Buildings and Improvements	4,453,000
Accumulated Depreciation	(3,348,000)
Americas | AT4 ATLANTA (METRO)
Initial Costs to Company
Encumbrances	0
Land	5,400,000
Buildings and Improvements	20,209,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	20,446,000
Total Costs
Land	5,400,000
Buildings and Improvements	40,655,000
Accumulated Depreciation	(13,506,000)
Americas | AT5 ATLANTA (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	5,011,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	2,207,000
Total Costs
Land	0
Buildings and Improvements	7,218,000
Accumulated Depreciation	(5,101,000)
Americas | BG1 BOGOTÁ (METRO), COLOMBIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	8,779,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	749,000
Buildings and Improvements	5,408,000
Total Costs
Land	749,000
Buildings and Improvements	14,187,000
Accumulated Depreciation	(5,040,000)
Americas | BG2 BOGOTÁ (METRO), COLOMBIA
Initial Costs to Company
Encumbrances	0
Land	4,815,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	10,730,000
Total Costs
Land	4,815,000
Buildings and Improvements	10,730,000
Accumulated Depreciation	0
Americas | BO1 BOSTON (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	6,128,000
Total Costs
Land	0
Buildings and Improvements	6,128,000
Accumulated Depreciation	(6,128,000)
Americas | BO2 BOSTON (METRO)
Initial Costs to Company
Encumbrances	0
Land	2,500,000
Buildings and Improvements	30,383,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	36,598,000
Total Costs
Land	2,500,000
Buildings and Improvements	66,981,000
Accumulated Depreciation	(16,486,000)
Americas | CH1 CHICAGO (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	162,703,000
Total Costs
Land	0
Buildings and Improvements	162,703,000
Accumulated Depreciation	(108,670,000)
Americas | CH2 CHICAGO (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	118,498,000
Total Costs
Land	0
Buildings and Improvements	118,498,000
Accumulated Depreciation	(63,074,000)
Americas | CH3 CHICAGO (METRO)
Initial Costs to Company
Encumbrances	0
Land	9,759,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	351,000
Buildings and Improvements	354,558,000
Total Costs
Land	10,110,000
Buildings and Improvements	354,558,000
Accumulated Depreciation	(155,151,000)
Americas | CH4 CHICAGO (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	22,911,000
Total Costs
Land	0
Buildings and Improvements	22,911,000
Accumulated Depreciation	(14,761,000)
Americas | CH7 CHICAGO (METRO)
Initial Costs to Company
Encumbrances	0
Land	670,000
Buildings and Improvements	10,564,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	8,164,000
Total Costs
Land	670,000
Buildings and Improvements	18,728,000
Accumulated Depreciation	(6,185,000)
Americas | CL1 CALGARY (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	11,572,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	2,719,000
Total Costs
Land	0
Buildings and Improvements	14,291,000
Accumulated Depreciation	(3,419,000)
Americas | CL2 CALGARY (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	14,145,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	5,223,000
Total Costs
Land	0
Buildings and Improvements	19,368,000
Accumulated Depreciation	(4,293,000)
Americas | CL3 CALGARY (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	7,910,000
Buildings and Improvements	69,334,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	395,000
Buildings and Improvements	15,473,000
Total Costs
Land	8,304,000
Buildings and Improvements	84,807,000
Accumulated Depreciation	(9,371,000)
Americas | CU1 CULPEPER (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,019,000
Buildings and Improvements	37,581,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	5,734,000
Total Costs
Land	1,019,000
Buildings and Improvements	43,315,000
Accumulated Depreciation	(17,847,000)
Americas | CU2 CULPEPER (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,244,000
Buildings and Improvements	48,000,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	12,546,000
Total Costs
Land	1,244,000
Buildings and Improvements	60,546,000
Accumulated Depreciation	(19,028,000)
Americas | CU3 CULPEPER (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,088,000
Buildings and Improvements	37,387,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	3,104,000
Total Costs
Land	1,088,000
Buildings and Improvements	40,491,000
Accumulated Depreciation	(14,112,000)
Americas | CU4 CULPEPER (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,372,000
Buildings and Improvements	27,832,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	34,983,000
Total Costs
Land	1,372,000
Buildings and Improvements	62,815,000
Accumulated Depreciation	(12,897,000)
Americas | DA1 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	69,250,000
Total Costs
Land	0
Buildings and Improvements	69,250,000
Accumulated Depreciation	(42,245,000)
Americas | DA2 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	81,911,000
Total Costs
Land	0
Buildings and Improvements	81,911,000
Accumulated Depreciation	(34,463,000)
Americas | DA3 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	97,996,000
Total Costs
Land	0
Buildings and Improvements	97,996,000
Accumulated Depreciation	(45,222,000)
Americas | DA4 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	16,789,000
Total Costs
Land	0
Buildings and Improvements	16,789,000
Accumulated Depreciation	(9,588,000)
Americas | DA6 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	20,522,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	174,231,000
Total Costs
Land	0
Buildings and Improvements	194,753,000
Accumulated Depreciation	(48,576,000)
Americas | DA7 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	30,709,000
Total Costs
Land	0
Buildings and Improvements	30,709,000
Accumulated Depreciation	(16,356,000)
Americas | DA9 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	610,000
Buildings and Improvements	15,398,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	6,868,000
Total Costs
Land	610,000
Buildings and Improvements	22,265,000
Accumulated Depreciation	(7,481,000)
Americas | DA11 DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	175,787,000
Total Costs
Land	0
Buildings and Improvements	175,787,000
Accumulated Depreciation	(13,565,000)
Americas | INFOMART BUILDING DALLAS (METRO)
Initial Costs to Company
Encumbrances	0
Land	24,380,000
Buildings and Improvements	337,643,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	3,293,000
Buildings and Improvements	26,974,000
Total Costs
Land	27,673,000
Buildings and Improvements	364,617,000
Accumulated Depreciation	(42,321,000)
Americas | DC1 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	5,477,000
Total Costs
Land	0
Buildings and Improvements	5,477,000
Accumulated Depreciation	(2,251,000)
Americas | DC2 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	5,047,000
Buildings and Improvements	126,667,000
Total Costs
Land	5,047,000
Buildings and Improvements	126,667,000
Accumulated Depreciation	(98,822,000)
Americas | DC3 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	37,451,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	50,459,000
Total Costs
Land	0
Buildings and Improvements	87,910,000
Accumulated Depreciation	(55,075,000)
Americas | DC4 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,906,000
Buildings and Improvements	7,272,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	74,265,000
Total Costs
Land	1,906,000
Buildings and Improvements	81,537,000
Accumulated Depreciation	(59,399,000)
Americas | DC5 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,429,000
Buildings and Improvements	4,983,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	93,177,000
Total Costs
Land	1,429,000
Buildings and Improvements	98,160,000
Accumulated Depreciation	(70,435,000)
Americas | DC6 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,429,000
Buildings and Improvements	5,082,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	92,783,000
Total Costs
Land	1,429,000
Buildings and Improvements	97,865,000
Accumulated Depreciation	(55,372,000)
Americas | DC7 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	19,080,000
Total Costs
Land	0
Buildings and Improvements	19,080,000
Accumulated Depreciation	(14,401,000)
Americas | DC10 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	44,601,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	88,492,000
Total Costs
Land	0
Buildings and Improvements	133,093,000
Accumulated Depreciation	(99,617,000)
Americas | DC11 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,429,000
Buildings and Improvements	5,082,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	187,604,000
Total Costs
Land	1,429,000
Buildings and Improvements	192,686,000
Accumulated Depreciation	(72,664,000)
Americas | DC12 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	101,783,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	81,604,000
Total Costs
Land	0
Buildings and Improvements	183,387,000
Accumulated Depreciation	(37,732,000)
Americas | DC13 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	5,500,000
Buildings and Improvements	25,423,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	21,656,000
Total Costs
Land	5,500,000
Buildings and Improvements	47,079,000
Accumulated Depreciation	(16,183,000)
Americas | DC14 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	2,560,000
Buildings and Improvements	33,511,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	15,726,000
Total Costs
Land	2,560,000
Buildings and Improvements	49,237,000
Accumulated Depreciation	(14,491,000)
Americas | DC15 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,965,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	1,965,000
Buildings and Improvements	170,776,000
Total Costs
Land	3,929,000
Buildings and Improvements	170,776,000
Accumulated Depreciation	(12,708,000)
Americas | DC21 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,507,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	100,804,000
Total Costs
Land	1,507,000
Buildings and Improvements	100,804,000
Accumulated Depreciation	(6,622,000)
Americas | DC97 WASHINGTON, DC (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	2,021,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	847,000
Total Costs
Land	0
Buildings and Improvements	2,867,000
Accumulated Depreciation	(1,564,000)
Americas | DE1 DENVER (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	9,849,000
Total Costs
Land	0
Buildings and Improvements	9,849,000
Accumulated Depreciation	(8,845,000)
Americas | DE2 DENVER (METRO)
Initial Costs to Company
Encumbrances	0
Land	5,240,000
Buildings and Improvements	23,053,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	31,064,000
Total Costs
Land	5,240,000
Buildings and Improvements	54,116,000
Accumulated Depreciation	(17,837,000)
Americas | HO1 HOUSTON (METRO)
Initial Costs to Company
Encumbrances	0
Land	1,440,000
Buildings and Improvements	23,780,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	33,281,000
Total Costs
Land	1,440,000
Buildings and Improvements	57,060,000
Accumulated Depreciation	(18,065,000)
Americas | KA1 KAMLOOPS (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	2,991,000
Buildings and Improvements	46,983,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	149,000
Buildings and Improvements	6,768,000
Total Costs
Land	3,140,000
Buildings and Improvements	53,751,000
Accumulated Depreciation	(5,537,000)
Americas | LA1 LOS ANGELES (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	110,808,000
Total Costs
Land	0
Buildings and Improvements	110,808,000
Accumulated Depreciation	(75,153,000)
Americas | LA2 LOS ANGELES (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	10,582,000
Total Costs
Land	0
Buildings and Improvements	10,582,000
Accumulated Depreciation	(9,250,000)
Americas | LA3 LOS ANGELES (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	34,727,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	3,959,000
Buildings and Improvements	17,368,000
Total Costs
Land	3,959,000
Buildings and Improvements	52,095,000
Accumulated Depreciation	(43,042,000)
Americas | LA4 LOS ANGELES (METRO)
Initial Costs to Company
Encumbrances	0
Land	19,333,000
Buildings and Improvements	137,630,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	58,351,000
Total Costs
Land	19,333,000
Buildings and Improvements	195,981,000
Accumulated Depreciation	(102,469,000)
Americas | LA7 LOS ANGELES (METRO)
Initial Costs to Company
Encumbrances	0
Land	7,800,000
Buildings and Improvements	33,621,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	56,409,000
Total Costs
Land	7,800,000
Buildings and Improvements	90,030,000
Accumulated Depreciation	(17,280,000)
Americas | MI1 MIAMI (METRO)
Initial Costs to Company
Encumbrances	0
Land	18,920,000
Buildings and Improvements	127,194,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	112,732,000
Total Costs
Land	18,920,000
Buildings and Improvements	239,925,000
Accumulated Depreciation	(74,698,000)
Americas | MI2 MIAMI (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	22,677,000
Total Costs
Land	0
Buildings and Improvements	22,677,000
Accumulated Depreciation	(15,028,000)
Americas | MI3 MIAMI (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	33,886,000
Total Costs
Land	0
Buildings and Improvements	33,886,000
Accumulated Depreciation	(20,458,000)
Americas | MI6 MIAMI (METRO)
Initial Costs to Company
Encumbrances	0
Land	4,750,000
Buildings and Improvements	23,017,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	9,848,000
Total Costs
Land	4,750,000
Buildings and Improvements	32,865,000
Accumulated Depreciation	(13,768,000)
Americas | MO1 MONTERREY (METRO), MEXICO
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	2,572,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	4,557,000
Total Costs
Land	0
Buildings and Improvements	7,129,000
Accumulated Depreciation	(909,000)
Americas | MT1 MONTREAL (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	76,932,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	12,745,000
Total Costs
Land	0
Buildings and Improvements	89,678,000
Accumulated Depreciation	(13,974,000)
Americas | MX1 MEXICO CITY (METRO), MEXICO
Initial Costs to Company
Encumbrances	0
Land	1,090,000
Buildings and Improvements	53,980,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	35,428,000
Total Costs
Land	1,090,000
Buildings and Improvements	89,409,000
Accumulated Depreciation	(8,341,000)
Americas | MX2 MEXICO CITY (METRO), MEXICO
Initial Costs to Company
Encumbrances	0
Land	1,090,000
Buildings and Improvements	16,061,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	52,318,000
Total Costs
Land	1,090,000
Buildings and Improvements	68,379,000
Accumulated Depreciation	(1,979,000)
Americas | NY1 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	71,716,000
Total Costs
Land	0
Buildings and Improvements	71,716,000
Accumulated Depreciation	(47,232,000)
Americas | NY2 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	17,859,000
Buildings and Improvements	207,035,000
Total Costs
Land	17,859,000
Buildings and Improvements	207,035,000
Accumulated Depreciation	(135,182,000)
Americas | NY4 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	364,176,000
Total Costs
Land	0
Buildings and Improvements	364,176,000
Accumulated Depreciation	(211,873,000)
Americas | NY5 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	296,054,000
Total Costs
Land	0
Buildings and Improvements	296,054,000
Accumulated Depreciation	(99,005,000)
Americas | NY6 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	95,441,000
Total Costs
Land	0
Buildings and Improvements	95,441,000
Accumulated Depreciation	(18,988,000)
Americas | NY7 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	24,660,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	172,048,000
Total Costs
Land	0
Buildings and Improvements	196,708,000
Accumulated Depreciation	(142,718,000)
Americas | NY9 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	50,109,000
Total Costs
Land	0
Buildings and Improvements	50,109,000
Accumulated Depreciation	(38,190,000)
Americas | NY11 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	2,050,000
Buildings and Improvements	58,717,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	24,588,000
Total Costs
Land	2,050,000
Buildings and Improvements	83,305,000
Accumulated Depreciation	(26,847,000)
Americas | NY13 NEW YORK (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	31,603,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	8,300,000
Buildings and Improvements	6,583,000
Total Costs
Land	8,300,000
Buildings and Improvements	38,187,000
Accumulated Depreciation	(18,342,000)
Americas | OT1 OTTAWA (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	1,586,000
Buildings and Improvements	39,128,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	75,000
Buildings and Improvements	4,490,000
Total Costs
Land	1,661,000
Buildings and Improvements	43,618,000
Accumulated Depreciation	(5,397,000)
Americas | PH1 PHILADELPHIA (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	44,638,000
Total Costs
Land	0
Buildings and Improvements	44,638,000
Accumulated Depreciation	(21,454,000)
Americas | RJ1 RIO DE JANEIRO (METRO), BRAZIL
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	18,064,000
Total Costs
Land	0
Buildings and Improvements	18,064,000
Accumulated Depreciation	(13,455,000)
Americas | RJ2 RIO DE JANEIRO (METRO), BRAZIL
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	2,012,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	1,181,000
Buildings and Improvements	55,254,000
Total Costs
Land	1,181,000
Buildings and Improvements	57,266,000
Accumulated Depreciation	(19,885,000)
Americas | SE2 SEATTLE (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	31,109,000
Total Costs
Land	0
Buildings and Improvements	31,109,000
Accumulated Depreciation	(24,939,000)
Americas | SE3 SEATTLE (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	1,760,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	101,258,000
Total Costs
Land	0
Buildings and Improvements	103,018,000
Accumulated Depreciation	(63,601,000)
Americas | SE4 SEATTLE (METRO)
Initial Costs to Company
Encumbrances	0
Land	4,000,000
Buildings and Improvements	12,903,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	37,022,000
Total Costs
Land	4,000,000
Buildings and Improvements	49,925,000
Accumulated Depreciation	(11,090,000)
Americas | SJ1 SAINT JOHN (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	162,000
Buildings and Improvements	14,276,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	8,000
Buildings and Improvements	1,428,000
Total Costs
Land	170,000
Buildings and Improvements	15,703,000
Accumulated Depreciation	(1,861,000)
Americas | SP1 SÃO PAULO (METRO), BRAZIL
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	10,188,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	14,870,000
Total Costs
Land	0
Buildings and Improvements	25,058,000
Accumulated Depreciation	(18,478,000)
Americas | SP2 SÃO PAULO (METRO), BRAZIL
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	2,874,000
Buildings and Improvements	48,068,000
Total Costs
Land	2,874,000
Buildings and Improvements	48,068,000
Accumulated Depreciation	(35,184,000)
Americas | SP3 SÃO PAULO (METRO), BRAZIL
Initial Costs to Company
Encumbrances	0
Land	7,222,000
Buildings and Improvements	72,997,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	42,690,000
Total Costs
Land	7,223,000
Buildings and Improvements	115,688,000
Accumulated Depreciation	(37,026,000)
Americas | SP4 SÃO PAULO (METRO), BRAZIL
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	22,027,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	57,782,000
Total Costs
Land	0
Buildings and Improvements	79,809,000
Accumulated Depreciation	(15,875,000)
Americas | SV1 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	15,545,000
Buildings and Improvements	144,829,000
Total Costs
Land	15,545,000
Buildings and Improvements	144,829,000
Accumulated Depreciation	(100,483,000)
Americas | SV2 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	157,926,000
Total Costs
Land	0
Buildings and Improvements	157,926,000
Accumulated Depreciation	(100,979,000)
Americas | SV3 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	77,334,000
Total Costs
Land	0
Buildings and Improvements	77,334,000
Accumulated Depreciation	(41,552,000)
Americas | SV4 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	102,684,000
Total Costs
Land	0
Buildings and Improvements	102,684,000
Accumulated Depreciation	(26,207,000)
Americas | SV5 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	6,238,000
Buildings and Improvements	98,991,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	101,852,000
Total Costs
Land	6,238,000
Buildings and Improvements	200,843,000
Accumulated Depreciation	(91,142,000)
Americas | SV6 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	15,585,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	30,329,000
Total Costs
Land	0
Buildings and Improvements	45,914,000
Accumulated Depreciation	(42,339,000)
Americas | SV8 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	157,147,000
Total Costs
Land	0
Buildings and Improvements	157,147,000
Accumulated Depreciation	(42,067,000)
Americas | SV10 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	12,646,000
Buildings and Improvements	123,594,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	93,742,000
Total Costs
Land	12,646,000
Buildings and Improvements	217,336,000
Accumulated Depreciation	(42,743,000)
Americas | SV11 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	147,118,000
Total Costs
Land	0
Buildings and Improvements	147,118,000
Accumulated Depreciation	(3,081,000)
Americas | SV12 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	20,313,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	8,586,000
Total Costs
Land	20,313,000
Buildings and Improvements	8,586,000
Accumulated Depreciation	0
Americas | SV13 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	3,758,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	0
Total Costs
Land	0
Buildings and Improvements	3,758,000
Accumulated Depreciation	(3,225,000)
Americas | SV14 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	3,638,000
Buildings and Improvements	5,503,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	3,782,000
Total Costs
Land	3,638,000
Buildings and Improvements	9,285,000
Accumulated Depreciation	(3,044,000)
Americas | SV15 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	7,651,000
Buildings and Improvements	23,060,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	9,875,000
Total Costs
Land	7,651,000
Buildings and Improvements	32,934,000
Accumulated Depreciation	(11,023,000)
Americas | SV16 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	4,271,000
Buildings and Improvements	15,018,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	5,056,000
Total Costs
Land	4,271,000
Buildings and Improvements	20,074,000
Accumulated Depreciation	(6,506,000)
Americas | SV17 SILICON VALLEY (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	17,493,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	3,368,000
Total Costs
Land	0
Buildings and Improvements	20,862,000
Accumulated Depreciation	(14,966,000)
Americas | TR1 TORONTO (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	92,608,000
Total Costs
Land	0
Buildings and Improvements	92,608,000
Accumulated Depreciation	(38,106,000)
Americas | TR2 TORONTO (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	21,113,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	107,044,000
Buildings and Improvements	142,753,000
Total Costs
Land	107,044,000
Buildings and Improvements	163,865,000
Accumulated Depreciation	(32,874,000)
Americas | TR4 TORONTO (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	13,985,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	4,014,000
Total Costs
Land	0
Buildings and Improvements	17,999,000
Accumulated Depreciation	(5,308,000)
Americas | TR5 MARKHAM (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	24,913,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	2,594,000
Total Costs
Land	0
Buildings and Improvements	27,507,000
Accumulated Depreciation	(5,928,000)
Americas | TR6 BRAMPTON (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	9,386,000
Buildings and Improvements	58,704,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	3,316,000
Buildings and Improvements	0
Total Costs
Land	12,702,000
Buildings and Improvements	58,704,000
Accumulated Depreciation	(6,151,000)
Americas | TR7 BRAMPTON (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	9,855,000
Buildings and Improvements	71,966,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	18,170,000
Total Costs
Land	9,854,000
Buildings and Improvements	90,136,000
Accumulated Depreciation	(13,019,000)
Americas | VA1 BURNABY (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	4,668,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	2,233,000
Total Costs
Land	0
Buildings and Improvements	6,901,000
Accumulated Depreciation	(1,048,000)
Americas | WI1 WINNIPEG (METRO), CANADA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	57,234,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	4,976,000
Total Costs
Land	0
Buildings and Improvements	62,210,000
Accumulated Depreciation	(2,379,000)
Americas | OTHERS
Initial Costs to Company
Encumbrances	0
Land	76,482,000
Buildings and Improvements	52,099,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	122,301,000
Total Costs
Land	76,482,000
Buildings and Improvements	174,400,000
Accumulated Depreciation	(21,468,000)
EMEA | OTHERS
Initial Costs to Company
Encumbrances	0
Land	59,811,000
Buildings and Improvements	18,309,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	17,398,000
Buildings and Improvements	32,642,000
Total Costs
Land	77,209,000
Buildings and Improvements	50,951,000
Accumulated Depreciation	(9,560,000)
EMEA | AD1 ABU DHABI (METRO), UNITED ARAB EMIRATES
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	75,587,000
Total Costs
Land	0
Buildings and Improvements	75,587,000
Accumulated Depreciation	(11,797,000)
EMEA | AM1 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	98,785,000
Total Costs
Land	0
Buildings and Improvements	98,785,000
Accumulated Depreciation	(52,871,000)
EMEA | AM2 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	83,244,000
Total Costs
Land	0
Buildings and Improvements	83,244,000
Accumulated Depreciation	(34,928,000)
EMEA | AM3 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	27,099,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	134,758,000
Total Costs
Land	0
Buildings and Improvements	161,857,000
Accumulated Depreciation	(70,989,000)
EMEA | AM4 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	223,115,000
Total Costs
Land	0
Buildings and Improvements	223,115,000
Accumulated Depreciation	(36,326,000)
EMEA | AM5 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	92,199,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	16,153,000
Total Costs
Land	0
Buildings and Improvements	108,352,000
Accumulated Depreciation	(37,422,000)
EMEA | AM6 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	6,616,000
Buildings and Improvements	50,876,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	539,000
Buildings and Improvements	92,063,000
Total Costs
Land	7,155,000
Buildings and Improvements	142,938,000
Accumulated Depreciation	(32,929,000)
EMEA | AM7 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	7,397,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	139,860,000
Total Costs
Land	0
Buildings and Improvements	147,257,000
Accumulated Depreciation	(25,536,000)
EMEA | AM8 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	11,692,000
Total Costs
Land	0
Buildings and Improvements	11,692,000
Accumulated Depreciation	(6,119,000)
EMEA | AM11 AMSTERDAM (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	6,405,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	416,000
Buildings and Improvements	13,007,000
Total Costs
Land	416,000
Buildings and Improvements	19,412,000
Accumulated Depreciation	(2,761,000)
EMEA | BA1 BARCELONA (METRO), SPAIN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	9,443,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	16,468,000
Total Costs
Land	0
Buildings and Improvements	25,911,000
Accumulated Depreciation	(9,654,000)
EMEA | BX1 BORDEAUX (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	1,916,000
Buildings and Improvements	3,507,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	118,000
Buildings and Improvements	31,230,000
Total Costs
Land	2,034,000
Buildings and Improvements	34,737,000
Accumulated Depreciation	(778,000)
EMEA | DB1 DUBLIN (METRO), IRELAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	5,393,000
Total Costs
Land	0
Buildings and Improvements	5,393,000
Accumulated Depreciation	(4,455,000)
EMEA | DB2 DUBLIN (METRO), IRELAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	12,460,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	9,493,000
Total Costs
Land	0
Buildings and Improvements	21,953,000
Accumulated Depreciation	(10,735,000)
EMEA | DB3 DUBLIN (METRO), IRELAND
Initial Costs to Company
Encumbrances	0
Land	3,334,000
Buildings and Improvements	54,387,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	271,000
Buildings and Improvements	20,819,000
Total Costs
Land	3,605,000
Buildings and Improvements	75,206,000
Accumulated Depreciation	(24,039,000)
EMEA | DB4 DUBLIN (METRO), IRELAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	26,875,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	19,088,000
Total Costs
Land	0
Buildings and Improvements	45,963,000
Accumulated Depreciation	(10,977,000)
EMEA | DU1 DÜSSELDORF (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	8,235,000
Buildings and Improvements	33,389,000
Total Costs
Land	8,235,000
Buildings and Improvements	33,389,000
Accumulated Depreciation	(19,657,000)
EMEA | DX1 DUBAI (METRO), UNITED ARAB EMIRATES
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	93,205,000
Total Costs
Land	0
Buildings and Improvements	93,205,000
Accumulated Depreciation	(41,746,000)
EMEA | DX2 DUBAI (METRO), UNITED ARAB EMIRATES
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	667,000
Total Costs
Land	0
Buildings and Improvements	667,000
Accumulated Depreciation	(339,000)
EMEA | DX3 DUBAI (METRO), UNITED ARAB EMIRATES
Initial Costs to Company
Encumbrances	0
Land	6,737,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	5,460,000
Total Costs
Land	6,737,000
Buildings and Improvements	5,460,000
Accumulated Depreciation	(376,000)
EMEA | EN1 ENSCHEDE (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	32,914,000
Total Costs
Land	0
Buildings and Improvements	32,914,000
Accumulated Depreciation	(24,331,000)
EMEA | FR2 FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	20,843,000
Buildings and Improvements	545,921,000
Total Costs
Land	20,843,000
Buildings and Improvements	545,921,000
Accumulated Depreciation	(171,728,000)
EMEA | FR4 FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	11,578,000
Buildings and Improvements	9,307,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	943,000
Buildings and Improvements	103,983,000
Total Costs
Land	12,521,000
Buildings and Improvements	113,290,000
Accumulated Depreciation	(39,794,000)
EMEA | FR5 FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	30,310,000
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	14,210,000
Buildings and Improvements	224,488,000
Total Costs
Land	14,210,000
Buildings and Improvements	224,488,000
Accumulated Depreciation	(59,488,000)
EMEA | FR6 FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	140,753,000
Total Costs
Land	0
Buildings and Improvements	140,753,000
Accumulated Depreciation	(33,382,000)
EMEA | FR7 FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	43,634,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	37,353,000
Total Costs
Land	0
Buildings and Improvements	80,987,000
Accumulated Depreciation	(31,181,000)
EMEA | FR8 FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	20,430,000
Buildings and Improvements	58,199,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	48,445,000
Total Costs
Land	20,430,000
Buildings and Improvements	106,644,000
Accumulated Depreciation	(1,119,000)
EMEA | FR11x FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	31,566,000
Total Costs
Land	0
Buildings and Improvements	31,566,000
Accumulated Depreciation	(154,000)
EMEA | FR13 FRANKFURT (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	3,218,000
Total Costs
Land	0
Buildings and Improvements	3,218,000
Accumulated Depreciation	0
EMEA | GN1 GENOA (METRO), ITALY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	1,988,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	2,772,000
Total Costs
Land	0
Buildings and Improvements	4,760,000
Accumulated Depreciation	(51,000)
EMEA | GV1 GENEVA (METRO), SWITZERLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	26,319,000
Total Costs
Land	0
Buildings and Improvements	26,319,000
Accumulated Depreciation	(9,864,000)
EMEA | GV2 GENEVA (METRO), SWITZERLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	44,778,000
Total Costs
Land	0
Buildings and Improvements	44,778,000
Accumulated Depreciation	(22,820,000)
EMEA | HE1 HELSINKI (METRO), FINLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	4,008,000
Total Costs
Land	0
Buildings and Improvements	4,008,000
Accumulated Depreciation	(3,554,000)
EMEA | HE3 HELSINKI (METRO), FINLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	15,371,000
Total Costs
Land	0
Buildings and Improvements	15,371,000
Accumulated Depreciation	(10,364,000)
EMEA | HE4 HELSINKI (METRO), FINLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	29,092,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	7,063,000
Total Costs
Land	0
Buildings and Improvements	36,155,000
Accumulated Depreciation	(20,133,000)
EMEA | HE5 HELSINKI (METRO), FINLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	7,564,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	19,633,000
Total Costs
Land	0
Buildings and Improvements	27,197,000
Accumulated Depreciation	(7,027,000)
EMEA | HE6 HELSINKI (METRO), FINLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	17,204,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	1,594,000
Buildings and Improvements	30,980,000
Total Costs
Land	1,594,000
Buildings and Improvements	48,185,000
Accumulated Depreciation	(15,811,000)
EMEA | HE7 HELSINKI (METRO), FINLAND
Initial Costs to Company
Encumbrances	0
Land	7,348,000
Buildings and Improvements	6,946,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	1,141,000
Buildings and Improvements	51,331,000
Total Costs
Land	8,488,000
Buildings and Improvements	58,277,000
Accumulated Depreciation	(5,421,000)
EMEA | HH1 HAMBURG (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	3,612,000
Buildings and Improvements	5,360,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	610,000
Buildings and Improvements	47,875,000
Total Costs
Land	4,222,000
Buildings and Improvements	53,235,000
Accumulated Depreciation	(4,466,000)
EMEA | IL2 ISTANBUL (METRO), TURKEY
Initial Costs to Company
Encumbrances	0
Land	14,460,000
Buildings and Improvements	39,289,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	41,641,000
Total Costs
Land	14,460,000
Buildings and Improvements	80,930,000
Accumulated Depreciation	(10,234,000)
EMEA | LD3 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	15,380,000
Total Costs
Land	0
Buildings and Improvements	15,380,000
Accumulated Depreciation	(14,747,000)
EMEA | LD4 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	23,044,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	137,786,000
Total Costs
Land	0
Buildings and Improvements	160,831,000
Accumulated Depreciation	(59,443,000)
EMEA | LD5 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	16,412,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	189,336,000
Total Costs
Land	0
Buildings and Improvements	205,748,000
Accumulated Depreciation	(107,560,000)
EMEA | LD6 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	151,375,000
Total Costs
Land	0
Buildings and Improvements	151,375,000
Accumulated Depreciation	(45,283,000)
EMEA | LD7 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	2,271,000
Buildings and Improvements	271,256,000
Total Costs
Land	2,271,000
Buildings and Improvements	271,256,000
Accumulated Depreciation	(16,921,000)
EMEA | LD8 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	107,544,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	88,016,000
Total Costs
Land	0
Buildings and Improvements	195,560,000
Accumulated Depreciation	(59,180,000)
EMEA | LD9 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	181,431,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	176,718,000
Total Costs
Land	0
Buildings and Improvements	358,149,000
Accumulated Depreciation	(100,677,000)
EMEA | LD10 LONDON (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	40,251,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	108,488,000
Total Costs
Land	0
Buildings and Improvements	148,739,000
Accumulated Depreciation	(22,593,000)
EMEA | LS1 LISBON (METRO), PORTUGAL
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	7,374,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	3,517,000
Buildings and Improvements	11,379,000
Total Costs
Land	3,517,000
Buildings and Improvements	18,753,000
Accumulated Depreciation	(4,690,000)
EMEA | MA1 MANCHESTER (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	15,457,000
Total Costs
Land	0
Buildings and Improvements	15,457,000
Accumulated Depreciation	(9,016,000)
EMEA | MA2 MANCHESTER (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	10,606,000
Total Costs
Land	0
Buildings and Improvements	10,606,000
Accumulated Depreciation	(9,336,000)
EMEA | MA3 MANCHESTER (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	44,931,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	9,721,000
Total Costs
Land	0
Buildings and Improvements	54,652,000
Accumulated Depreciation	(31,547,000)
EMEA | MA4 MANCHESTER (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	6,697,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	6,576,000
Total Costs
Land	0
Buildings and Improvements	13,272,000
Accumulated Depreciation	(9,222,000)
EMEA | MA5 MANCHESTER (METRO), UNITED KINGDOM
Initial Costs to Company
Encumbrances	0
Land	3,706,000
Buildings and Improvements	6,874,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	407,000
Buildings and Improvements	73,093,000
Total Costs
Land	4,113,000
Buildings and Improvements	79,967,000
Accumulated Depreciation	(328,000)
EMEA | MD1 MADRID (METRO), SPAIN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	7,917,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	7,825,000
Buildings and Improvements	7,236,000
Total Costs
Land	7,825,000
Buildings and Improvements	15,153,000
Accumulated Depreciation	(5,701,000)
EMEA | MD2 MADRID (METRO), SPAIN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	40,952,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	70,588,000
Total Costs
Land	0
Buildings and Improvements	111,540,000
Accumulated Depreciation	(35,723,000)
EMEA | ML2 MILAN (METRO), ITALY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	24,112,000
Total Costs
Land	0
Buildings and Improvements	24,112,000
Accumulated Depreciation	(15,321,000)
EMEA | ML3 MILAN (METRO), ITALY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	3,616,000
Buildings and Improvements	44,350,000
Total Costs
Land	3,616,000
Buildings and Improvements	44,350,000
Accumulated Depreciation	(15,565,000)
EMEA | ML4 MILAN (METRO), ITALY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	9,293,000
Total Costs
Land	0
Buildings and Improvements	9,293,000
Accumulated Depreciation	(7,720,000)
EMEA | ML5 MILAN (METRO), ITALY
Initial Costs to Company
Encumbrances	0
Land	6,894,000
Buildings and Improvements	20,952,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	74,033,000
Total Costs
Land	6,894,000
Buildings and Improvements	94,985,000
Accumulated Depreciation	(1,903,000)
EMEA | MU1 MUNICH (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	39,084,000
Total Costs
Land	0
Buildings and Improvements	39,084,000
Accumulated Depreciation	(19,432,000)
EMEA | MU3 MUNICH (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	5,909,000
Total Costs
Land	0
Buildings and Improvements	5,909,000
Accumulated Depreciation	(2,714,000)
EMEA | MU4 MUNICH (METRO), GERMANY
Initial Costs to Company
Encumbrances	0
Land	12,127,000
Buildings and Improvements	35,120,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	51,418,000
Total Costs
Land	12,127,000
Buildings and Improvements	86,538,000
Accumulated Depreciation	(15,000)
EMEA | PA1 PARIS (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	20,946,000
Total Costs
Land	0
Buildings and Improvements	20,946,000
Accumulated Depreciation	(16,853,000)
EMEA | PA2 & PA3 PARIS (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	29,615,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	23,608,000
Buildings and Improvements	326,618,000
Total Costs
Land	23,608,000
Buildings and Improvements	356,233,000
Accumulated Depreciation	(144,908,000)
EMEA | PA4 PARIS (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	1,598,000
Buildings and Improvements	9,503,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	5,516,000
Buildings and Improvements	246,653,000
Total Costs
Land	7,114,000
Buildings and Improvements	256,156,000
Accumulated Depreciation	(88,191,000)
EMEA | PA5 PARIS (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	16,554,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	11,829,000
Total Costs
Land	0
Buildings and Improvements	28,383,000
Accumulated Depreciation	(8,143,000)
EMEA | PA6 PARIS (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	73,366,000
Total Costs
Land	0
Buildings and Improvements	73,366,000
Accumulated Depreciation	(38,093,000)
EMEA | PA7 PARIS (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	23,419,000
Total Costs
Land	0
Buildings and Improvements	23,419,000
Accumulated Depreciation	(11,932,000)
EMEA | PA10 PARIS (METRO), FRANCE
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	100,933,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	0
Total Costs
Land	0
Buildings and Improvements	100,933,000
Accumulated Depreciation	0
EMEA | SA1 SEVILLE (METRO), SPAIN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	1,567,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	1,572,000
Total Costs
Land	0
Buildings and Improvements	3,139,000
Accumulated Depreciation	(2,162,000)
EMEA | SK1 STOCKHOLM, (METRO), SWEDEN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	15,495,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	41,282,000
Total Costs
Land	0
Buildings and Improvements	56,777,000
Accumulated Depreciation	(11,370,000)
EMEA | SK2 STOCKHOLM, (METRO), SWEDEN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	80,148,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	3,914,000
Buildings and Improvements	81,981,000
Total Costs
Land	3,914,000
Buildings and Improvements	162,129,000
Accumulated Depreciation	(39,960,000)
EMEA | SK3 STOCKHOLM, (METRO), SWEDEN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	23,857,000
Total Costs
Land	0
Buildings and Improvements	23,857,000
Accumulated Depreciation	(6,546,000)
EMEA | SO1 SOFIA (METRO), BULGARIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	5,236,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	4,470,000
Total Costs
Land	0
Buildings and Improvements	9,706,000
Accumulated Depreciation	(3,191,000)
EMEA | SO2 SOFIA (METRO), BULGARIA
Initial Costs to Company
Encumbrances	0
Land	2,719,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	39,000
Buildings and Improvements	18,118,000
Total Costs
Land	2,758,000
Buildings and Improvements	18,118,000
Accumulated Depreciation	(2,099,000)
EMEA | WA1 WARSAW (METRO), POLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	5,950,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	25,321,000
Total Costs
Land	0
Buildings and Improvements	31,271,000
Accumulated Depreciation	(9,228,000)
EMEA | WA2 WARSAW (METRO), POLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	4,709,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	9,337,000
Total Costs
Land	0
Buildings and Improvements	14,046,000
Accumulated Depreciation	(5,436,000)
EMEA | WA3 WARSAW (METRO), POLAND
Initial Costs to Company
Encumbrances	0
Land	2,647,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	64,414,000
Total Costs
Land	2,648,000
Buildings and Improvements	64,414,000
Accumulated Depreciation	(2,873,000)
EMEA | ZH2 ZURICH (METRO), SWITZERLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	3,915,000
Total Costs
Land	0
Buildings and Improvements	3,915,000
Accumulated Depreciation	(2,748,000)
EMEA | ZH4 ZURICH (METRO), SWITZERLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	11,284,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	39,677,000
Total Costs
Land	0
Buildings and Improvements	50,961,000
Accumulated Depreciation	(28,110,000)
EMEA | ZH5 ZURICH (METRO), SWITZERLAND
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	8,075,000
Buildings and Improvements	225,653,000
Total Costs
Land	8,075,000
Buildings and Improvements	225,653,000
Accumulated Depreciation	(35,657,000)
EMEA | ZW1 ZWOLLE (METRO), THE NETHERLANDS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	10,518,000
Total Costs
Land	0
Buildings and Improvements	10,518,000
Accumulated Depreciation	(8,976,000)
Asia-Pacific | OTHERS
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	1,733,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	17,921,000
Total Costs
Land	0
Buildings and Improvements	19,654,000
Accumulated Depreciation	(9,964,000)
Asia-Pacific | AE1 ADELAIDE (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	2,654,000
Buildings and Improvements	1,015,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	96,000
Buildings and Improvements	2,149,000
Total Costs
Land	2,749,000
Buildings and Improvements	3,164,000
Accumulated Depreciation	(994,000)
Asia-Pacific | BR1 BRISBANE (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	3,159,000
Buildings and Improvements	1,053,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	114,000
Buildings and Improvements	2,968,000
Total Costs
Land	3,273,000
Buildings and Improvements	4,021,000
Accumulated Depreciation	(845,000)
Asia-Pacific | CA1 CANBERRA (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	18,410,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	8,454,000
Total Costs
Land	0
Buildings and Improvements	26,864,000
Accumulated Depreciation	(3,369,000)
Asia-Pacific | HK1 HONG KONG (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	301,395,000
Total Costs
Land	0
Buildings and Improvements	301,395,000
Accumulated Depreciation	(122,088,000)
Asia-Pacific | HK2 HONG KONG (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	243,358,000
Total Costs
Land	0
Buildings and Improvements	243,358,000
Accumulated Depreciation	(177,462,000)
Asia-Pacific | HK3 HONG KONG (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	182,078,000
Total Costs
Land	0
Buildings and Improvements	182,078,000
Accumulated Depreciation	(90,545,000)
Asia-Pacific | HK4 HONG KONG (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	95,305,000
Total Costs
Land	0
Buildings and Improvements	95,305,000
Accumulated Depreciation	(20,654,000)
Asia-Pacific | HK5 HONG KONG (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	70,002,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	40,919,000
Total Costs
Land	0
Buildings and Improvements	110,921,000
Accumulated Depreciation	(26,895,000)
Asia-Pacific | MB1 MUMBAI (METRO), INDIA
Initial Costs to Company
Encumbrances	0
Land	573,000
Buildings and Improvements	28,457,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	484,000
Total Costs
Land	573,000
Buildings and Improvements	28,941,000
Accumulated Depreciation	(658,000)
Asia-Pacific | MB2 MUMBAI (METRO), INDIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	56,725,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	1,315,000
Total Costs
Land	0
Buildings and Improvements	58,040,000
Accumulated Depreciation	(1,331,000)
Asia-Pacific | ME1 MELBOURNE (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	14,926,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	538,000
Buildings and Improvements	93,006,000
Total Costs
Land	15,464,000
Buildings and Improvements	93,006,000
Accumulated Depreciation	(29,361,000)
Asia-Pacific | ME2 MELBOURNE (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	102,610,000
Total Costs
Land	0
Buildings and Improvements	102,610,000
Accumulated Depreciation	(7,310,000)
Asia-Pacific | ME4 MELBOURNE (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	3,425,000
Buildings and Improvements	84,175,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	124,000
Buildings and Improvements	15,526,000
Total Costs
Land	3,549,000
Buildings and Improvements	99,701,000
Accumulated Depreciation	(23,979,000)
Asia-Pacific | OS1 OSAKA (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	6,655,000
Buildings and Improvements	4,094,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	240,000
Buildings and Improvements	4,754,000
Total Costs
Land	6,895,000
Buildings and Improvements	8,847,000
Accumulated Depreciation	(2,882,000)
Asia-Pacific | OS1 OSAKA (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	14,876,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	104,213,000
Total Costs
Land	0
Buildings and Improvements	119,089,000
Accumulated Depreciation	(42,667,000)
Asia-Pacific | OS3 OSAKA (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	199,271,000
Total Costs
Land	0
Buildings and Improvements	199,271,000
Accumulated Depreciation	(7,274,000)
Asia-Pacific | PE1 PERTH (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	1,347,000
Buildings and Improvements	1,337,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	49,000
Buildings and Improvements	2,100,000
Total Costs
Land	1,396,000
Buildings and Improvements	3,437,000
Accumulated Depreciation	(596,000)
Asia-Pacific | PE2 PERTH (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	16,327,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	17,390,000
Total Costs
Land	0
Buildings and Improvements	33,717,000
Accumulated Depreciation	(8,124,000)
Asia-Pacific | PE3 PERTH (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	56,004,000
Total Costs
Land	0
Buildings and Improvements	56,004,000
Accumulated Depreciation	(4,000)
Asia-Pacific | SG1 SINGAPORE (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	291,489,000
Total Costs
Land	0
Buildings and Improvements	291,489,000
Accumulated Depreciation	(133,905,000)
Asia-Pacific | SG2 SINGAPORE (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	339,887,000
Total Costs
Land	0
Buildings and Improvements	339,887,000
Accumulated Depreciation	(232,450,000)
Asia-Pacific | SG3 SINGAPORE (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	34,844,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	239,648,000
Total Costs
Land	0
Buildings and Improvements	274,492,000
Accumulated Depreciation	(71,579,000)
Asia-Pacific | SG4 SINGAPORE (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	54,602,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	146,113,000
Total Costs
Land	0
Buildings and Improvements	200,715,000
Accumulated Depreciation	(17,748,000)
Asia-Pacific | SG5 SINGAPORE (METRO)
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	197,620,000
Total Costs
Land	0
Buildings and Improvements	197,620,000
Accumulated Depreciation	(4,016,000)
Asia-Pacific | SH2 SHANGHAI (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	7,290,000
Total Costs
Land	0
Buildings and Improvements	7,290,000
Accumulated Depreciation	(3,562,000)
Asia-Pacific | SH3 SHANGHAI (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	7,066,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	14,596,000
Total Costs
Land	0
Buildings and Improvements	21,662,000
Accumulated Depreciation	(8,140,000)
Asia-Pacific | SH5 SHANGHAI (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	11,284,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	24,662,000
Total Costs
Land	0
Buildings and Improvements	35,946,000
Accumulated Depreciation	(17,322,000)
Asia-Pacific | SH6 SHANGHAI (METRO), CHINA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	16,545,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	37,873,000
Total Costs
Land	0
Buildings and Improvements	54,418,000
Accumulated Depreciation	(6,124,000)
Asia-Pacific | SL1 SEOUL (METRO), SOUTH KOREA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	29,236,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	37,580,000
Total Costs
Land	0
Buildings and Improvements	66,816,000
Accumulated Depreciation	(12,612,000)
Asia-Pacific | SY1 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	86,206,000
Buildings and Improvements	38,251,000
Total Costs
Land	86,206,000
Buildings and Improvements	38,251,000
Accumulated Depreciation	(24,756,000)
Asia-Pacific | SY2 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	3,080,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	28,268,000
Total Costs
Land	0
Buildings and Improvements	31,348,000
Accumulated Depreciation	(24,941,000)
Asia-Pacific | SY3 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	8,712,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	150,497,000
Total Costs
Land	0
Buildings and Improvements	159,209,000
Accumulated Depreciation	(91,013,000)
Asia-Pacific | SY4 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	184,417,000
Total Costs
Land	0
Buildings and Improvements	184,417,000
Accumulated Depreciation	(55,173,000)
Asia-Pacific | SY5 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	82,091,000
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	2,948,000
Buildings and Improvements	246,519,000
Total Costs
Land	85,039,000
Buildings and Improvements	246,519,000
Accumulated Depreciation	(15,090,000)
Asia-Pacific | SY6 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	8,860,000
Buildings and Improvements	64,197,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	319,000
Buildings and Improvements	15,492,000
Total Costs
Land	9,179,000
Buildings and Improvements	79,689,000
Accumulated Depreciation	(13,191,000)
Asia-Pacific | SY7 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	2,745,000
Buildings and Improvements	47,350,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	99,000
Buildings and Improvements	6,844,000
Total Costs
Land	2,844,000
Buildings and Improvements	54,194,000
Accumulated Depreciation	(9,078,000)
Asia-Pacific | SY8 SYDNEY (METRO), AUSTRALIA
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	1,073,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	500,000
Total Costs
Land	0
Buildings and Improvements	1,573,000
Accumulated Depreciation	(1,149,000)
Asia-Pacific | TY1 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	35,993,000
Total Costs
Land	0
Buildings and Improvements	35,993,000
Accumulated Depreciation	(22,284,000)
Asia-Pacific | TY2 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	93,532,000
Total Costs
Land	0
Buildings and Improvements	93,532,000
Accumulated Depreciation	(66,919,000)
Asia-Pacific | TY3 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	77,305,000
Total Costs
Land	0
Buildings and Improvements	77,305,000
Accumulated Depreciation	(44,811,000)
Asia-Pacific | TY4 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	78,446,000
Total Costs
Land	0
Buildings and Improvements	78,446,000
Accumulated Depreciation	(36,604,000)
Asia-Pacific | TY5 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	102,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	61,821,000
Total Costs
Land	0
Buildings and Improvements	61,923,000
Accumulated Depreciation	(20,456,000)
Asia-Pacific | TY6 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	37,941,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	17,821,000
Total Costs
Land	0
Buildings and Improvements	55,762,000
Accumulated Depreciation	(37,344,000)
Asia-Pacific | TY7 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	13,175,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	6,280,000
Total Costs
Land	0
Buildings and Improvements	19,455,000
Accumulated Depreciation	(14,370,000)
Asia-Pacific | TY8 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	53,848,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	12,625,000
Total Costs
Land	0
Buildings and Improvements	66,472,000
Accumulated Depreciation	(30,152,000)
Asia-Pacific | TY9 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	106,710,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	23,644,000
Total Costs
Land	0
Buildings and Improvements	130,354,000
Accumulated Depreciation	(83,055,000)
Asia-Pacific | TY10 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	69,881,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	15,220,000
Total Costs
Land	0
Buildings and Improvements	85,102,000
Accumulated Depreciation	(28,348,000)
Asia-Pacific | TY11 TOKYO (METRO), JAPAN
Initial Costs to Company
Encumbrances	0
Land	0
Buildings and Improvements	22,099,000
Costs Capitalized Subsequent to Acquisition or Lease
Land	0
Buildings and Improvements	221,004,000
Total Costs
Land	0
Buildings and Improvements	243,103,000
Accumulated Depreciation	$ (19,907,000)

Schedule III - Real Estate an_3

Schedule III - Real Estate and Accumulated Depreciation - Reconciliation of Carrying Amount of Real Estate Investments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate [Roll Forward]
Balance, beginning of period	$ 20,161,785	$ 16,927,332	$ 15,020,198
ASC 842 adoption impact	0	0	(276,671)
Additions (including acquisitions and improvements)	2,977,992	3,110,907	2,632,472
Disposals	(648,516)	(446,864)	(463,485)
Foreign currency transaction adjustments and others	(585,206)	570,410	14,818
Balance, end of year	$ 21,906,055	$ 20,161,785	$ 16,927,332

Schedule III - Real Estate an_4

Schedule III - Real Estate and Accumulated Depreciation - Reconciliation of Real Estate Accumulated Depreciation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation [Roll Forward]
Balance, beginning of period	$ (6,399,477)	$ (5,329,182)	$ (4,517,016)
ASC 842 adoption impact	0	0	(7,846)
Additions (depreciation expense)	(1,224,874)	(1,036,452)	(926,046)
Disposals	149,231	109,230	128,352
Foreign currency transaction adjustments and others	200,260	(143,073)	(6,626)
Balance, end of year	$ (7,274,860)	$ (6,399,477)	$ (5,329,182)