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Subsequent Events | 12 Months Ended
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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.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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