PARTI - FINANCIAL INFORMATION Item 1. Condensed Consolidated Financial Statements EQUINIX, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share data) Current assets: Assets June 30, 2020 December 31, (Unaudited) 2019 Cash and cash equivalents 4,785,050 $ 1,869,577 Short-term investments 22,069 10,362 Accounts receivable, net of allowance for doubtful accounts of $20,903 and $13,026 691,589 689,134 Other current assets 330,521 302,880 Assets held for sale 152,188 663 Total current assets 5,981,417 2,872,616 Property, plant and equipment, net 12,663,827 12,152,597 Operating lease right-of-use assets 1,396,101 1,475,367 Goodwill Intangible assets, net Other assets Total assets 5,016,350 4,781,858 2,074,689 2,102,389 660,246 580,788 S 27,792,630 $ 23,965,615 Liabilities and Stockholders' Equity Current liabilities: Accounts payable and accrued expenses Accrued property, plant and equipment Current portion of operating lease liabilities Current portion of finance lease abilities Current portion of mortgage and loans payable Current portion of senior notes Other current liabilities Total current liabilities Operating lease liabilities, less current portion Finance lease liabilities, less current portion Mortgage and loans payable, less current portion Senior notes, less current portion Other liabilities Total liabilities $ 745,517 $ 760,718 335,013 301,535 139,833 145,606 102,416 75,239 75.589 77,603 2,227,768 643,224 229,635 153,938 3,855,771 2,157,863 1,243,362 1,315,656 1,658,432 1,430,882 1,218,049 1,289,434 8,804,633 8,309,673 624,125 621,725 17,404,372 15,125,233 Commitments and contingencies (Note 11) Equinix stockholders' equity Common stock, $0.001 par value per share: 300,000,000 shares authorized; 88,890,679 issued and 88,549,394 outstanding in 2020 and 85,700,953 issued and 85,308,386 outstanding in 2019 Additional paid-in capital 89 86 14,651,944 12,696,433 Treasury stock, at cost; 341,285 shares in 2020 and 302,567 shares in 2019 Accumulated dividends Accumulated other comprehensive loss Retained earnings (127,042) (144,256) (4,639,041) (4,168,469) (1.140,291) (934,613) 1,642,621 1,391,425 Total Equinix stockholders' equity 10,388,280 8,840,606 Non-controlling interests (22) Total stockholders' equity 10,388,258 (224) 8,840,382 Total liabilities and stockholders' equity S 27,792,630 S 23,965,615 See accompanying notes to condensed consolidated financial statements