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Segment Information - Schedule of Adjusted EBITDA (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 9 Months Ended
--- | --- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | $ 2,256,000,000 | $ 2,159,000,000 | $ 4,481,000,000 | $ 4,286,000,000 |
Segment cost of revenues | 707,000,000 | 716,000,000 | 1,434,000,000 | 1,430,000,000 |
Other segment items | 420,000,000 | 407,000,000 | 851,000,000 | 828,000,000 |
Segment adjusted EBITDA | 1,129,000,000 | 1,036,000,000 | 2,196,000,000 | 2,028,000,000 |
Depreciation, amortization and accretion expense | (502,000,000) | (490,000,000) | (982,000,000) | (1,015,000,000) |
Stock-based compensation expense | (127,000,000) | (125,000,000) | (240,000,000) | (226,000,000) |
Transaction costs | (3,000,000) | (3,000,000) | (9,000,000) | (5,000,000) |
Restructuring charges | (2,000,000) | 0 | (12,000,000) | 0 | $ (43,000,000)
Impairment charges | (1,000,000) | 0 | (1,000,000) | 0 |
Gain (loss) on asset sales | 0 | 18,000,000 | 0 | 18,000,000 |
Interest income | 52,000,000 | 29,000,000 | 99,000,000 | 53,000,000 |
Interest expense | (135,000,000) | (110,000,000) | (257,000,000) | (214,000,000) |
Other income (expense) | (7,000,000) | (7,000,000) | 2,000,000 | (13,000,000) |
Gain (loss) on debt extinguishment | 1,000,000 | 0 | 1,000,000 | (1,000,000) |
Income before income taxes | 405,000,000 | 348,000,000 | 797,000,000 | 625,000,000 |
UNITED STATES |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 871,000,000 | 825,000,000 | 1,700,000,000 | 1,600,000,000 |
Colocation |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 1,585,000,000 | 1,500,000,000 | 3,130,000,000 | 2,990,000,000 |
Interconnection |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 407,000,000 | 374,000,000 | 800,000,000 | 742,000,000 |
Managed infrastructure |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 117,000,000 | 116,000,000 | 232,000,000 | 234,000,000 |
Other |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 34,000,000 | 34,000,000 | 68,000,000 | 68,000,000 |
Recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 2,143,000,000 | 2,024,000,000 | 4,230,000,000 | 4,034,000,000 |
Non-recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 113,000,000 | 135,000,000 | 251,000,000 | 252,000,000 |
Americas |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 1,004,000,000 | 966,000,000 | 2,005,000,000 | 1,905,000,000 |
Segment cost of revenues | 290,000,000 | 273,000,000 | 580,000,000 | 543,000,000 |
Other segment items | 248,000,000 | 242,000,000 | 516,000,000 | 502,000,000 |
Segment adjusted EBITDA | 466,000,000 | 451,000,000 | 909,000,000 | 860,000,000 |
Americas | Colocation |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 654,000,000 | 624,000,000 | 1,290,000,000 | 1,231,000,000 |
Americas | Interconnection |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 231,000,000 | 219,000,000 | 460,000,000 | 434,000,000 |
Americas | Managed infrastructure |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 62,000,000 | 66,000,000 | 125,000,000 | 132,000,000 |
Americas | Other |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 4,000,000 | 7,000,000 | 7,000,000 | 13,000,000 |
Americas | Recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 951,000,000 | 916,000,000 | 1,882,000,000 | 1,810,000,000 |
Americas | Non-recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 53,000,000 | 50,000,000 | 123,000,000 | 95,000,000 |
EMEA |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 767,000,000 | 721,000,000 | 1,510,000,000 | 1,448,000,000 |
Segment cost of revenues | 264,000,000 | 299,000,000 | 545,000,000 | 604,000,000 |
Other segment items | 104,000,000 | 98,000,000 | 201,000,000 | 192,000,000 |
Segment adjusted EBITDA | 399,000,000 | 324,000,000 | 764,000,000 | 652,000,000 |
EMEA | Colocation |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 572,000,000 | 543,000,000 | 1,139,000,000 | 1,092,000,000 |
EMEA | Interconnection |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 96,000,000 | 84,000,000 | 183,000,000 | 167,000,000 |
EMEA | Managed infrastructure |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 38,000,000 | 34,000,000 | 73,000,000 | 69,000,000 |
EMEA | Other |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 26,000,000 | 24,000,000 | 53,000,000 | 48,000,000 |
EMEA | Recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 732,000,000 | 685,000,000 | 1,448,000,000 | 1,376,000,000 |
EMEA | Non-recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 35,000,000 | 36,000,000 | 62,000,000 | 72,000,000 |
Asia-Pacific |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 485,000,000 | 472,000,000 | 966,000,000 | 933,000,000 |
Segment cost of revenues | 153,000,000 | 144,000,000 | 309,000,000 | 283,000,000 |
Other segment items | 68,000,000 | 67,000,000 | 134,000,000 | 134,000,000 |
Segment adjusted EBITDA | 264,000,000 | 261,000,000 | 523,000,000 | 516,000,000 |
Asia-Pacific | Colocation |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 359,000,000 | 333,000,000 | 701,000,000 | 667,000,000 |
Asia-Pacific | Interconnection |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 80,000,000 | 71,000,000 | 157,000,000 | 141,000,000 |
Asia-Pacific | Managed infrastructure |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 17,000,000 | 16,000,000 | 34,000,000 | 33,000,000 |
Asia-Pacific | Other |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 4,000,000 | 3,000,000 | 8,000,000 | 7,000,000 |
Asia-Pacific | Recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 460,000,000 | 423,000,000 | 900,000,000 | 848,000,000 |
Asia-Pacific | Non-recurring revenues |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | $ 25,000,000 | $ 49,000,000 | $ 66,000,000 | $ 85,000,000 |

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