Final answer:
Glycolysis is the process of breaking down glucose to produce ATP and NADH. It occurs in the cytoplasm and does not require oxygen.
Step-by-step explanation:
The equation you provided represents the process of glycolysis, which is the initial step in cellular respiration. Glycolysis breaks down glucose into two pyruvate molecules, generating ATP and NADH. This process occurs in the cytoplasm and does not require oxygen. The equation shows the reactants on the left side and the products on the right side, with ATP and NADH being the energy-carrying molecules.