Equinix, inc. (EQIX)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

507,245

365,359

232,982

126,800

187,774

-260,726

96,123

143,144

93,382

36,881

69,431

107,924

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

1,088,559

1,024,073

865,472

714,345

498,134

453,935

405,444

375,004

328,610

246,544

167,975

152,437

Stock-based compensation

236,539

180,716

175,500

155,567

132,443

117,990

102,940

83,025

71,532

67,489

53,056

55,085

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

27,330

72,631

81

-

-

-

Amortization of intangible assets

196,278

203,416

177,008

122,862

27,446

27,756

27,027

23,575

19,064

13,632

5,555

6,610

Amortization of debt issuance costs and debt discounts and premiums

13,042

13,618

24,449

19,137

16,050

18,667

23,868

23,365

32,172

27,915

18,791

11,523

Provision for allowance for doubtful accounts

8,459

7,236

5,627

8,260

5,037

7,093

5,819

4,186

4,987

2,056

-15

1,582

Impairment of Long-Lived Assets to be Disposed of

15,790

0

0

7,698

0

0

-

9,861

0

0

-

-

Gain on asset sales

44,310

6,013

0

32,816

0

0

-

-

-

-

-

-

Realized net (gains) losses on investments

-

-

-

-

-

-

-

-

-

-

-2,579

-498

Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax

-

-

-

2,351

0

0

-

11,852

-

-

-

-

Restructuring charges (reversals)

-

-

-

-

-

-

4,837

-

3,481

6,734

-6,053

3,142

Loss on debt extinguishment

-52,800

-51,400

-65,800

-12,276

-289

-156,990

-108,501

-5,204

-

10,187

-

-

Other items

-11,620

-19,660

11,243

-20,609

-16,490

-19,912

-11,543

-7,001

-9,866

-2,254

-1,149

1,466

Accretion of asset retirement obligation and accrued restructuring charges

-

-

-

-

-

-

-

-

-

3,128

1,581

1,682

Changes in operating assets and liabilities:
Accounts receivable

26,909

52,931

161,774

100,230

44,583

101,966

27,956

26,601

23,061

39,886

-2,277

9,152

Income taxes, net

32,495

-10,670

-34,936

29,020

-109,579

226,774

-108,189

24,089

24,761

1,992

-

-

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-27,981

94,229

Other assets

100,144

47,635

-20,180

72,831

70,371

6,496

36,853

-2,479

32,091

11,855

10,371

7,137

Operating lease right-of-use assets

-149,031

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

-152,091

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-27,928

35,495

74,488

61,565

109,125

10,681

7,242

33,538

39,717

35,175

22,762

9,937

Accrued restructuring charges

-

-

-

-

-

-

-

-

-

-4,426

-1,771

-2,763

Other liabilities

32,227

31,725

5,708

-50,558

126,568

38,392

21,266

8,639

14,981

-4,948

565

29,949

Net cash provided by operating activities

1,992,728

1,815,426

1,439,233

1,019,353

894,823

709,002

604,608

632,026

587,320

392,872

355,492

267,558

Cash flows from investing activities:
Purchases of investments

60,909

65,180

57,926

42,325

359,031

545,997

968,971

442,870

1,268,574

744,798

379,644

240,556

Sales of investments

40,386

85,777

46,421

53,164

873,139

785,548

276,351

362,266

125,674

25,174

27,420

131,631

Maturities of investments

-

-

-

-

-

-

213,484

579,855

495,865

827,540

179,566

114,361

Business acquisitions, net of cash and restricted cash acquired

34,143

829,687

3,963,280

1,766,606

245,503

0

49,337

309,492

-

-

-

-

Purchases of real estate

169,153

182,418

95,083

28,118

38,282

16,791

74,332

24,656

28,066

14,861

-

-

Purchases of other property, plant and equipment

2,079,521

2,096,174

1,378,725

1,113,365

868,120

660,203

572,406

764,500

685,386

579,397

369,542

447,032

Proceeds from sale of assets, net of cash transferred

358,773

12,154

47,767

851,582

0

0

-

-

-

-

-

-

Other investing activities, net

-

-

-

-

-

-

-

-

-10

-

-79

-

Proceeds from sale of discontinued operations

-

-

-

-

-

-

-

76,458

-

-

-

-

Increase in restricted cash

-

-

-

-

-

-

837,190

8,696

97,724

1,582

896

14,234

Release of restricted cash

-

-

-

-

-

-

843,088

88,762

1,000

244

13,015

1,031

Net cash used in investing activities

-1,944,567

-3,075,528

-5,400,826

-2,045,668

-637,797

-437,443

-1,169,313

-442,873

-1,499,155

-600,969

-558,178

-478,040

Cash flows from financing activities:
Purchases of treasury stock

-

-

-

-

-

297,958

48,799

13,364

86,666

-

-

-

Proceeds from employee equity awards

52,018

50,136

41,696

34,179

30,040

29,320

31,892

56,137

38,893

39,817

37,006

26,230

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

27,330

72,631

81

-

-

-

Payment of dividends and special distribution

836,164

738,600

621,497

499,463

521,461

83,266

-

-

-

-

-

-

Purchase of non-controlling interests

-

-

-

-

-

226,276

0

-

-

-

-

-

Proceeds from public offering of common stock, net of issuance costs

1,660,976

388,172

2,481,421

0

829,496

0

0

-

-

-

-

-

Finance Lease, Principal Payments

126,486

-

-

-

-

-

-

-

-

-

-

-

Proceeds from senior notes, net of debt discounts

2,797,906

929,850

3,628,701

0

1,100,000

1,250,000

1,500,000

-

750,000

750,000

-

-

Proceeds from loans payable

0

424,650

2,056,876

1,168,304

1,197,108

508,826

28,038

262,591

95,336

121,581

29,474

142,373

Repayments of mortgage and loans payable

2,206,289

0

500,000

0

0

750,000

750,000

-

-

-

-

-

Repayment of loans payable

-

-

-

-

-

-

-

-

-

-

51,118

-

Repayment of convertible debt

-

-

-

-

-

29,513

0

250,007

-

-

-

-

Payment of dividends

-

-

-

-

-

-

0

-

-

-

-

-

Proceeds from convertible debt

-

-

-

-

-

-

-

-

-

-

373,750

-

Repayments of Long-term Capital Lease Obligations

-

103,774

93,470

114,385

28,663

18,030

40,133

12,378

10,426

16,133

5,279

-

Repayment of mortgage and loans payable

73,227

447,473

2,277,798

1,462,888

715,270

153,473

52,500

329,111

22,829

558,007

-

-

Debt extinguishment costs

43,311

20,556

26,122

11,380

0

116,517

97,864

-

-

4,448

-

-

Capped call costs

-

-

-

-

-

-

-

-

-

-

49,664

-

Debt issuance costs

23,341

12,218

81,047

11,381

18,098

25,294

23,057

9,220

15,661

23,124

8,220

948

Other financing activities

0

725

-900

-51

0

-

-

-

-

-

-2,351

579

Net cash provided by (used in) financing activities

1,202,082

470,912

4,607,860

-897,065

1,873,152

87,819

574,907

-222,721

748,728

309,686

323,598

145,106

Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash

8,766

-33,907

31,187

-21,800

-39,784

-12,625

-521

6,958

-911

-4,804

4,937

-5,050

Net increase (decrease) in cash, cash equivalents and restricted cash

1,259,009

-823,097

677,454

-1,945,180

2,090,394

346,753

9,681

-26,610

-164,018

96,785

125,849

-70,426

Supplemental cash flow information
Cash paid for taxes

136,583

93,375

72,641

39,320

132,302

117,197

123,690

36,711

9,157

11,043

9,290

98

Cash paid for interest

553,815

496,795

444,793

350,083

237,410

262,018

210,629

185,321

129,129

97,943

63,281

53,373