0001570585-22-000292 | 10-Q | XBRL Viewer

Print Document View Excel Document

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2022	Oct. 21, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-35961
Entity Registrant Name	Liberty Global plc
Entity Incorporation, State or Country Code	X0
Entity Tax Identification Number	98-1112770
Entity Address, Address Line One	Griffin House
Entity Address, Address Line Two	161 Hammersmith Rd
Entity Address, City or Town	London
Entity Address, Country	GB
Entity Address, Postal Zip Code	W6 8BS
Country Region	44
City Area Code	208
Local Phone Number	483.6449
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001570585
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A
Entity Information [Line Items]
Title of 12(b) Security	Class A ordinary shares
Trading Symbol	LBTYA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		171,902,167
Class B
Entity Information [Line Items]
Title of 12(b) Security	Class B ordinary shares
Trading Symbol	LBTYB
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		12,994,000
Class C
Entity Information [Line Items]
Title of 12(b) Security	Class C ordinary shares
Trading Symbol	LBTYK
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		274,856,685

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,594.1	$ 910.6
Trade receivables, net	726.4	907.3
Short-term investments (measured at fair value on a recurring basis) (note 5)	2,149.0	2,269.6
Current assets of discontinued operations (note 4)	0.0	925.0
Other current assets (notes 3, 5 and 6)	1,001.0	928.0
Total current assets	5,470.5	5,940.5
Investments and related notes receivable (including $2,162.5 million and $2,757.8 million, respectively, measured at fair value on a recurring basis) (note 5)	16,432.2	19,703.0
Property and equipment, net (notes 8 and 10)	5,970.9	6,981.5
Goodwill (note 8)	8,626.8	9,523.4
Intangible assets subject to amortization, net (note 8)	2,260.0	2,342.5
Other assets, net (notes 3, 6 and 10)	3,858.0	2,426.1
Total assets	42,618.4	46,917.0
Current liabilities:
Accounts payable	502.6	613.4
Deferred revenue (note 3)	271.4	274.7
Current portion of debt and finance lease obligations (notes 9 and 10)	716.7	850.3
Accrued capital expenditures	201.9	257.7
Accrued income taxes (note 11)	201.8	236.6
Derivative instruments (note 6)	233.7	221.8
Current liabilities of discontinued operations (note $4)	0.0	201.3
Other accrued and current liabilities (notes $4 and 10)	1,256.9	1,429.0
Total current liabilities	3,385.0	4,084.8
Long-term debt and finance lease obligations (notes 9 and 10)	12,503.2	13,974.8
Long-term operating lease liabilities (notes $4 and 10)	1,550.3	1,226.1
Other long-term liabilities (notes 3 and 6)	1,690.8	2,033.3
Total liabilities	19,129.3	21,319.0
Commitments and contingencies (notes 6, 9, 10, 11 and 15)
Liberty Global shareholders:
Additional paid-in capital	2,371.2	3,893.0
Accumulated earnings	24,317.4	18,144.5
Accumulated other comprehensive earnings (loss), net of taxes	(3,316.5)	3,892.2
Treasury shares, at cost	0.1	0.1
Total Liberty Global shareholders	23,376.7	25,934.9
Noncontrolling interests	112.4	(336.9)
Total equity	23,489.1	25,598.0
Total liabilities and equity	42,618.4	46,917.0
Class A
Liberty Global shareholders:
Common stock	1.8	1.8
Class B
Liberty Global shareholders:
Common stock	0.1	0.1
Class C
Liberty Global shareholders:
Common stock	$ 2.8	$ 3.4

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Other investments	$ 2,162.5	$ 2,757.8
Class A
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	171,900,218	174,310,558
Common stock, outstanding (in shares)	171,900,218	174,310,558
Class B
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	12,994,000	12,930,839
Common stock, outstanding (in shares)	12,994,000	12,930,839
Class C
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	280,939,089	340,114,729
Common stock, outstanding (in shares)	280,939,089	340,114,729

Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue (notes 3, 4, 5 and 16)	$ 1,746.3	$ 1,901.4	$ 5,353.8	$ 8,390.5
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	484.3	522.4	1,501.7	2,445.7
Other operating (note 13)	275.6	279.5	816.1	1,225.6
Selling, general and administrative (SG&A) (note 13)	365.1	399.0	1,181.3	1,666.6
Depreciation and amortization	506.0	582.3	1,588.4	1,744.8
Impairment, restructuring and other operating items, net	6.4	17.2	74.1	68.4
Operating costs and expenses	1,637.4	1,800.4	5,161.6	7,151.1
Operating income	108.9	101.0	192.2	1,239.4
Non-operating income (expense):
Interest expense	(149.7)	(140.9)	(416.8)	(748.1)
Realized and unrealized gains on derivative instruments, net (note 6)	546.9	199.3	1,669.1	707.4
Foreign currency transaction gains, net	1,462.7	422.4	3,186.4	857.6
Realized and unrealized gains (losses) due to changes in fair values of certain investments, net (notes 5 and 7)	(2.1)	(109.4)	(207.7)	373.3
Gains (losses) on debt extinguishment, net (note 9)	0.0	0.0	2.8	(90.6)
Share of results of affiliates, net (note 5)	501.0	(29.2)	812.6	(35.6)
Gain on Telenet Tower Sale (note 4)	7.1	0.0	700.4	0.0
Other income, net	21.7	8.2	60.2	25.6
Non-operating income (expense)	2,387.6	216.8	5,807.0	12,094.0
Earnings from continuing operations before income taxes	2,496.5	317.8	5,999.2	13,333.4
Income tax expense (note 11)	(64.8)	(2.2)	(209.6)	(444.2)
Earnings from continuing operations	2,431.7	315.6	5,789.6	12,889.2
Discontinued operations (note 4):
Earnings from discontinued operations, net of taxes	0.0	3.1	34.6	44.3
Gain on disposal of discontinued operations, net of taxes	0.0	0.0	848.9	0.0
Discontinued operations	0.0	3.1	883.5	44.3
Net earnings	2,431.7	318.7	6,673.1	12,933.5
Net earnings attributable to noncontrolling interests	(83.7)	(41.6)	(500.2)	(142.8)
Net earnings attributable to Liberty Global shareholders	$ 2,348.0	$ 277.1	$ 6,172.9	$ 12,790.7
Basic earnings attributable to Liberty Global shareholders per share (note 14):
Continuing operations (in USD per share)	$ 4.92	$ 0.49	$ 10.59	$ 22.71
Discontinued operations (in USD per share)	0	0.01	1.77	0.08
Basic earnings attributable to Liberty Global shareholders per share (in USD per share)	4.92	0.50	12.36	22.79
Diluted earnings attributable to Liberty Global shareholders per share (note 14):
Continuing operations (in USD per share)	4.87	0.48	10.41	22.19
Discontinued operations (in USD per share)	0	0.01	1.74	0.08
Diluted earnings attributable to Liberty Global shareholders per share (in USD per share)	$ 4.87	$ 0.49	$ 12.15	$ 22.27
U.K. JV Transaction
Non-operating income (expense):
Gain (adjustment to gain) on U.K. JV Transaction (note 4)	$ 0.0	$ (347.3)	$ 0.0	$ 10,790.7
AtlasEdge JV
Non-operating income (expense):
Share of results of affiliates, net (note 5)	(5.2)	0.0	(13.3)	0.0
Gain (adjustment to gain) on U.K. JV Transaction (note 4)	$ 0.0	$ 213.7	$ 0.0	$ 213.7

Condensed Consolidated Statements of Comprehensive Earnings (Loss) (unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net earnings	$ 2,431.7	$ 318.7	$ 6,673.1	$ 12,933.5
Other comprehensive earnings (loss), net of taxes:
Foreign currency translation adjustments	(3,266.3)	(940.8)	(7,174.5)	(894.0)
Reclassification adjustments included in net earnings (note 4)	(1.1)	1.8	(3.3)	1,251.2
Pension-related adjustments and other	0.2	0.1	21.3	2.8
Other comprehensive earnings (loss) from continuing operations	(3,267.2)	(938.9)	(7,156.5)	360.0
Other comprehensive loss from discontinued operations (note 4)	0.0	(35.3)	(44.4)	(53.4)
Other comprehensive earnings (loss)	(3,267.2)	(974.2)	(7,200.9)	306.6
Comprehensive earnings (loss)	(835.5)	(655.5)	(527.8)	13,240.1
Comprehensive earnings attributable to noncontrolling interests	(83.7)	(41.6)	(508.0)	(144.1)
Comprehensive earnings (loss) attributable to Liberty Global shareholders	$ (919.2)	$ (697.1)	$ (1,035.8)	$ 13,096.0

Condensed Consolidated Statements of Equity (unaudited) - USD ($) $ in Millions	Total	Total Liberty Global shareholders	Ordinary shares Class A	Ordinary shares Class B	Ordinary shares Class C	Additional paid-in capital	Accumulated earnings	Accumulated other comprehensive earnings (loss), net of taxes	Treasury shares, at cost	Non-controlling interests
Beginning balance at Dec. 31, 2020	$ 13,298.4	$ 13,662.6	$ 1.8	$ 0.1	$ 3.9	$ 5,271.7	$ 4,692.1	$ 3,693.1	$ (0.1)	$ (364.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	1,440.3	1,385.4					1,385.4			54.9
Other comprehensive loss, net of taxes	(996.8)	(996.8)						(996.8)
Repurchases and cancellations of Liberty Global ordinary shares	(323.4)	(323.4)			(0.2)	(323.2)
Share-based compensation (note 13)	49.4	49.4				49.4
Adjustments due to changes in subsidiaries’ equity and other, net	20.2	18.8				18.8				1.4
Ending balance at Mar. 31, 2021	13,488.1	13,796.0	1.8	0.1	3.7	5,016.7	6,077.5	2,696.3	(0.1)	(307.9)
Beginning balance at Dec. 31, 2020	13,298.4	13,662.6	1.8	0.1	3.9	5,271.7	4,692.1	3,693.1	(0.1)	(364.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	12,933.5
Other comprehensive loss, net of taxes	306.6
Ending balance at Sep. 30, 2021	25,592.7	25,908.0	1.8	0.1	3.6	4,395.8	17,508.4	3,998.4	(0.1)	(315.3)
Beginning balance at Mar. 31, 2021	13,488.1	13,796.0	1.8	0.1	3.7	5,016.7	6,077.5	2,696.3	(0.1)	(307.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	11,174.5	11,128.2					11,128.2			46.3
Other comprehensive loss, net of taxes	2,277.6	2,276.3						2,276.3		1.3
Repurchases and cancellations of Liberty Global ordinary shares	(345.2)	(345.2)				(345.2)
Share-based compensation (note 13)	74.3	74.3				74.3
Adjustments due to changes in subsidiaries’ equity and other, net	(119.3)	(47.5)				(47.5)				(71.8)
Ending balance at Jun. 30, 2021	26,550.0	26,882.1	1.8	0.1	3.7	4,698.3	17,205.7	4,972.6	(0.1)	(332.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	318.7	277.1					277.1			41.6
Other comprehensive loss, net of taxes	(974.2)	(974.2)						(974.2)
Repurchases and cancellations of Liberty Global ordinary shares	(358.1)	(358.1)			(0.1)	(358.0)
Share-based compensation (note 13)	58.6	58.6				58.6
Adjustments due to changes in subsidiaries’ equity and other, net	(2.3)	22.5				(3.1)	25.6			(24.8)
Ending balance at Sep. 30, 2021	25,592.7	25,908.0	1.8	0.1	3.6	4,395.8	17,508.4	3,998.4	(0.1)	(315.3)
Beginning balance at Dec. 31, 2021	25,598.0	25,934.9	1.8	0.1	3.4	3,893.0	18,144.5	3,892.2	(0.1)	(336.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	1,110.3	1,038.3					1,038.3			72.0
Other comprehensive loss, net of taxes	(1,217.8)	(1,218.3)						(1,218.3)		0.5
Repurchases and cancellations of Liberty Global ordinary shares	(496.1)	(496.1)			(0.2)	(495.9)
Share-based compensation (note 13)	50.5	50.5				50.5
Repurchases by Telenet of its outstanding shares	(24.9)	(28.0)				(28.0)				3.1
Adjustments due to changes in subsidiaries’ equity and other, net	(12.9)	(13.5)				(13.5)				0.6
Ending balance at Mar. 31, 2022	25,007.1	25,267.8	1.8	0.1	3.2	3,406.1	19,182.8	2,673.9	(0.1)	(260.7)
Beginning balance at Dec. 31, 2021	25,598.0	25,934.9	1.8	0.1	3.4	3,893.0	18,144.5	3,892.2	(0.1)	(336.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	6,673.1
Other comprehensive loss, net of taxes	(7,200.9)
Ending balance at Sep. 30, 2022	23,489.1	23,376.7	1.8	0.1	2.8	2,371.2	24,317.4	(3,316.5)	(0.1)	112.4
Beginning balance at Mar. 31, 2022	25,007.1	25,267.8	1.8	0.1	3.2	3,406.1	19,182.8	2,673.9	(0.1)	(260.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	3,131.1	2,786.6					2,786.6			344.5
Other comprehensive loss, net of taxes	(2,715.9)	(2,723.2)						(2,723.2)		7.3
Repurchases and cancellations of Liberty Global ordinary shares	(565.9)	(565.9)			(0.2)	(565.7)
Dividend distributions by subsidiaries to noncontrolling interest owners	(64.8)									(64.8)
Share-based compensation (note 13)	40.0	40.0				40.0
Adjustments due to changes in subsidiaries’ equity and other, net	(26.0)	(29.3)				(29.3)				3.3
Ending balance at Jun. 30, 2022	24,805.6	24,776.0	1.8	0.1	3.0	2,851.1	21,969.4	(49.3)	(0.1)	29.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	2,431.7	2,348.0					2,348.0			83.7
Other comprehensive loss, net of taxes	(3,267.2)	(3,267.2)						(3,267.2)		0.0
Repurchases and cancellations of Liberty Global ordinary shares	(525.3)	(525.3)			(0.2)	(525.1)
Dividend distributions by subsidiaries to noncontrolling interest owners	(1.5)									(1.5)
Share-based compensation (note 13)	37.5	37.5				37.5
Adjustments due to changes in subsidiaries’ equity and other, net	8.3	7.7				7.7				0.6
Ending balance at Sep. 30, 2022	$ 23,489.1	$ 23,376.7	$ 1.8	$ 0.1	$ 2.8	$ 2,371.2	$ 24,317.4	$ (3,316.5)	$ (0.1)	$ 112.4

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124442407-227067

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 17
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=124507222&loc=d3e1436-108581

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124442411-227067

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669625-108580

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-URI https://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3000-108585

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4569616-111683

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 235
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-URI https://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884

Reference 23: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669625-108580

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 29: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 31: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686

Reference 32: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

+ Details

- Definition

Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 24
-URI https://asc.fasb.org/extlink&oid=124436220&loc=d3e21930-107793

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 23
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124436220&loc=d3e21914-107793

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124442411-227067

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126987489&loc=SL124442142-165695

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126987489&loc=SL124442142-165695

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 16
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4568740-111683

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(3)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 5
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124436220&loc=d3e21711-107793

Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (d)(2)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 2
-Subparagraph (a)(3)(iii)(03)
-URI https://asc.fasb.org/extlink&oid=125980421&loc=SL125981372-237846

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 17
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (d)(3)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=128097895&loc=SL121327923-165333

Reference 22: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4I
-URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4590271-111686

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

Reference 25: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4568447-111683

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=128097895&loc=SL121327923-165333

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(3)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=128097895&loc=SL121327923-165333

+ Details

Condensed Consolidated Statements of Cash Flows (unaudited) zł in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)
Cash flows from operating activities:
Net earnings	$ 6,673.1	$ 12,933.5
Earnings from discontinued operations	883.5	44.3
Earnings from continuing operations	5,789.6	12,889.2
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities of continuing operations:
Share-based compensation expense	143.4	220.6
Depreciation and amortization	1,588.4	1,744.8
Impairment, restructuring and other operating items, net	74.1	68.4
Amortization of deferred financing costs and non-cash interest	20.1	25.6
Realized and unrealized gains on derivative instruments, net	(1,669.1)	(707.4)
Foreign currency transaction gains, net	(3,186.4)	(857.6)
Realized and unrealized losses (gains) due to changes in fair values of certain investments, net	207.7	(373.3)
Losses (gains) on debt extinguishment, net	(2.8)	90.6
Share of results of affiliates, net	(812.6)	35.6
Deferred income tax expense	106.1	327.4
Gain on Telenet Tower Sale	(700.4)	0.0
Gain on U.K. JV Transaction	0.0	(10,790.7)
Gain on AtlasEdge JV Transactions	0.0	(213.7)
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions	(42.5)	(286.4)
Net cash provided by operating activities of continuing operations	1,903.5	2,414.0
Net cash provided by operating activities of discontinued operations	51.1	143.7
Net cash provided by operating activities	1,954.6	2,557.7
Cash flows from investing activities:
Cash received from the sale of investments	7,560.4	4,770.7
Cash paid for investments	(7,295.3)	(5,895.0)
Cash received in connection with the sale of UPC Poland	1,563.0	0.0
Capital expenditures, net	(929.3)	(1,114.4)
Cash received in connection with the Telenet Tower Sale	779.9	0.0
Dividend distributions received from the VMO2 JV	266.9	0.0
Cash and restricted cash contributed to the VMO2 JV in connection with the U.K. JV Transaction	0.0	(3,424.0)
Loans to the VodafoneZiggo JV	0.0	(123.0)
Cash received in connection with the Atlas Edge JV Transactions	0.0	130.0
Net cash received in connection with the U.K. JV Transaction	0.0	52.0
Other investing activities, net	2.2	(100.6)
Net cash provided (used) by investing activities of continuing operations	1,947.8	(5,704.3)
Net cash used by investing activities of discontinued operations	(15.6)	(38.0)
Net cash provided (used) by investing activities	1,932.2	(5,742.3)
Cash flows from financing activities:
Borrowings of debt	0.0	2,570.7
Operating-related vendor financing additions	397.1	1,657.5
Debt (excluding vendor financing)	(973.0)	(1,720.8)
Principal payments on operating-related vendor financing	(525.9)	(1,279.6)
Principal payments on capital-related vendor financing	(120.0)	(740.9)
Principal payments on finance leases	(46.5)	(59.0)
Repurchases of Liberty Global ordinary shares	(1,573.8)	(1,016.6)
Dividend distributions by subsidiaries to noncontrolling interest owners	(61.1)	(70.6)
Net cash received (paid) related to derivative instruments	(50.0)	23.1
Payment of financing costs and debt premiums	(29.0)	(23.9)
Repurchases by Telenet of its outstanding shares	(25.7)	0.0
Other financing activities, net	(52.1)	(74.2)
Net cash used by financing activities of continuing operations	(3,060.0)	(734.3)
Net cash used by financing activities of discontinued operations	(2.6)	(27.3)
Net cash used by financing activities	(3,062.6)	(761.6)
Effect of exchange rate changes on cash and cash equivalents and restricted cash:
Continuing operations	(141.3)	2.2
Discontinued operations	0.0	0.0
Total	(141.3)	2.2
Net increase (decrease) in cash and cash equivalents and restricted cash:
Continuing operations	650.0	(4,022.4)
Discontinued operations	32.9	78.4
Total	682.9	(3,944.0)
Cash and cash equivalents and restricted cash:
Beginning of period	917.3	4,717.3
Net increase (decrease)	682.9	(3,944.0)
End of period	1,600.2	773.3
Cash paid for interest:
Continuing operations	463.5	784.0
Discontinued operations	0.3	1.3
Total	463.8	785.3
Net cash paid for taxes:
Continuing operations	159.5	152.8
Discontinued operations	7.4	23.6
Total	166.9	176.4
VMO2 JV
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities of continuing operations:
Share of results of affiliates, net	(616.4)	10.7
Dividend distributions received from joint venture	201.0	0.0
Cash flows from investing activities:
Dividend distributions received from the VMO2 JV	266.9
VodafoneZiggo JV
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities of continuing operations:
Share of results of affiliates, net	(224.6)	(6.8)
Dividend distributions received from joint venture	186.9	240.9
Cash flows from investing activities:
Dividend distributions received from the VMO2 JV	$ 186.9	$ 240.9

Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022	Sep. 30, 2021
Details of end of period cash and cash equivalents and restricted cash:
Cash and cash equivalents	$ 1,594.1	$ 766.2
Restricted cash included in other current assets and other assets, net	6.1	6.4
Restricted cash included in current assets of discontinued operations	0.0	0.7
Total cash and cash equivalents and restricted cash	$ 1,600.2	$ 773.3

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Liberty Global plc (Liberty Global) is a public limited company organized under the laws of England and Wales. In these notes, the terms “we,” “our,” “our company” and “us” may refer, as the context requires, to Liberty Global or collectively to Liberty Global and its subsidiaries. We are an international provider of broadband internet, video, fixed-line telephony and mobile communications services to residential customers and businesses in Europe. Our continuing operations comprise businesses that provide residential and business-to-business (B2B) communications services in (i) Switzerland and Slovakia through certain wholly-owned subsidiaries that we collectively refer to as “UPC Holding”, (ii) Belgium through Telenet Group Holding N.V. (Telenet), a 61.1%-owned subsidiary, and (iii) Ireland through another wholly-owned subsidiary (VM Ireland). In addition, we own 50% noncontrolling interests in (a) a 50:50 joint venture (the VMO2 JV) with Telefónica SA (Telefónica), which provides residential and B2B communications services in the United Kingdom (U.K.), and (b) a 50:50 joint venture (the VodafoneZiggo JV) with Vodafone Group plc (Vodafone), which provides residential and B2B communications services in the Netherlands. Through March 31, 2022, we provided residential and B2B communications services in Poland through UPC Holding. On April 1, 2022, we completed the sale of our operations in Poland. Accordingly, in these condensed consolidated financial statements, our operations in Poland are reflected as discontinued operations for all applicable periods. For additional information, see note 4. Through May 31, 2021, our consolidated operations also included residential and B2B communications services provided to customers in the U.K. through Virgin Media Inc. (Virgin Media). On June 1, 2021, we contributed the U.K. JV Entities (as defined in note 4) to the VMO2 JV and began accounting for our 50% interest in the VMO2 JV as an equity method investment. For additional information, see note 4. Our unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) and with the instructions to Form 10-Q and Article 10 of Regulation S-X for interim financial information. Accordingly, these financial statements do not include all of the information required by GAAP or Securities and Exchange Commission rules and regulations for complete financial statements. In the opinion of management, these financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the results of operations for the interim periods presented. The results of operations for any interim period are not necessarily indicative of results for the full year. These unaudited condensed consolidated financial statements should be read in conjunction with our 2021 consolidated financial statements and notes thereto included in our 2021 Annual Report on Form 10-K, as amended (our 10-K). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, allowances for uncollectible accounts, certain components of revenue, programming and copyright costs, deferred income taxes and related valuation allowances, loss contingencies, fair value measurements, impairment assessments, capitalization of internal costs associated with construction and installation activities, lease terms, useful lives of long-lived assets, share-based compensation and actuarial liabilities associated with certain benefit plans. Actual results could differ from those estimates. Unless otherwise indicated, the amounts presented in these notes relate only to our continuing operations, and ownership percentages and convenience translations into United States (U.S.) dollars are calculated as of September 30, 2022.

Recent Accounting Pronouncements	9 Months Ended
Recent Accounting Pronouncements	Sep. 30, 2022
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2022-04 In September 2022, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2022-04, Liabilities—Supplier Finance Programs (ASU 2022-04), which requires additional disclosures for buyers participating in supplier financing programs, which we refer to as vendor financing, including (i) the key terms of the arrangement, (ii) the confirmed amount outstanding at the end of the period, (iii) the balance sheet presentation of related amounts and (iv) a reconciliation of the balances from period to period. ASU 2022-04 is effective for annual reporting periods beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. We do not expect ASU 2022-04 to have a significant impact on our consolidated financial statements. For additional information regarding our vendor financing obligations, see note 9. ASU 2021-08 In October 2021, the FASB issued ASU No. 2021-08, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (ASU 2021-08), which requires contract assets and contract liabilities acquired in a business combination to be recognized and measured in accordance with Topic 606, Revenue from Contracts with Customers, as if the acquirer had originated the contracts. ASU 2021-08 is effective for annual reporting periods beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The main impact of the adoption of ASU 2021-08 will be the recognition of contract assets and contract liabilities in future business combinations at amounts generally consistent with the carrying value of such assets and liabilities of the acquiree immediately before the acquisition date. ASU 2020-04 In April 2020, the FASB issued ASU No. 2020-04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting (ASU 2020-04), which provides optional expedients and exceptions for contract modifications, subject to meeting certain criteria, that reference the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued. In accordance with the optional expedients in ASU 2020-04, we have modified certain of our debt agreements during 2022 to replace LIBOR with another reference rate and applied the practical expedient to account for the modification as a continuation of the existing contract. The use of optional expedients in ASU 2020-04 has not had a significant impact on our consolidated financial statements to date. For additional information regarding our debt, see note 9.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-URI https://asc.fasb.org/topic&trid=2122394

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126987489&loc=SL124442142-165695

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(1)
-URI https://asc.fasb.org/extlink&oid=126986314&loc=SL124402458-218513

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iii)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(4)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(ii)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(i)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(2)
-URI https://asc.fasb.org/extlink&oid=126986314&loc=SL124402458-218513

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iv)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 5
-Subparagraph (SAB Topic 11.M.Q2)
-URI https://asc.fasb.org/extlink&oid=122038215&loc=d3e31137-122693

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (h)(2)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(2)
-URI https://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=125980421&loc=SL122150809-237846

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(2)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=122038215&loc=SL108384541-122693

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 10
-Section 65
-Paragraph 5
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=128293352&loc=SL126838806-209984

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(2)
-URI https://asc.fasb.org/extlink&oid=126983955&loc=SL121967933-165497

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (c)(2)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL126732908-238011

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 10
-Section 65
-Paragraph 5
-Subparagraph (f)(3)
-URI https://asc.fasb.org/extlink&oid=128293352&loc=SL126838806-209984

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL126732908-238011

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=126983955&loc=SL121967933-165497

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(1)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (c)(3)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL126732908-238011

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(3)
-URI https://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(3)
-URI https://asc.fasb.org/extlink&oid=126983955&loc=SL121967933-165497

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 2
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=125980421&loc=SL125981372-237846

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(1)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(3)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

+ Details

Revenue Recognition and Related Costs	9 Months Ended
Revenue Recognition and Related Costs	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition and Related Costs	Revenue Recognition and Related Costs Contract Balances The timing of our recognition of revenue may differ from the timing of invoicing our customers. We record a trade receivable when we have transferred goods or services to a customer but have not yet received payment. Our trade receivables are reported net of an allowance for doubtful accounts. Such allowance aggregated $40.3 million and $42.0 million at September 30, 2022 and December 31, 2021, respectively. If we transfer goods or services to a customer but do not have an unconditional right to payment, we record a contract asset. Contract assets typically arise from the uniform recognition of introductory promotional discounts over the contract period and accrued revenue for handset sales. Our contract assets were $27.1 million and $29.7 million as of September 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our contract asset balances are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We record deferred revenue when we receive payment prior to transferring goods or services to a customer. We primarily defer revenue for (i) installation and other upfront services and (ii) other services that are invoiced prior to when services are provided. Our deferred revenue balances were $278.8 million and $286.5 million as of September 30, 2022 and December 31, 2021, respectively. The decrease in deferred revenue for the nine months ended September 30, 2022 is primarily due to the net effect of (a) the impact of additions during the period and (b) the recognition of $207.9 million of revenue that was included in our deferred revenue balance at December 31, 2021. The long-term portions of our deferred revenue balances are included within other long-term liabilities on our condensed consolidated balance sheets. Contract Costs Our aggregate assets associated with incremental costs to obtain and fulfill our contracts were $63.4 million and $63.4 million at September 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our assets related to contract costs are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We amortized $3.9 million and $12.5 million during the three and nine months ended September 30, 2022, respectively, and $4.9 million and $76.7 million during the three and nine months ended September 30, 2021, respectively, to operating costs and expenses related to these assets. Unsatisfied Performance Obligations A large portion of our revenue is derived from customers who are not subject to contracts. Revenue from customers who are subject to contracts is generally recognized over the term of such contracts, which is typically 12 months for our residential service contracts, one to three years for our mobile service contracts and one to five years for our B2B service contracts.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI https://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045

+ Details

Acquisitions and Dispositions

9 Months Ended

Sep. 30, 2022

Acquisitions and Dispositions [Abstract]

Acquisitions and Dispositions

2022 Dispositions

UPC Poland. On April 1, 2022, we completed the sale of 100% of our operations in Poland (UPC Poland) to a subsidiary of iliad S.A. After considering debt and working capital adjustments (including cash disposed), we received net cash proceeds of Polish zloty 6,566.7 million ($1,563.0 million at the transaction date). A portion of the net proceeds from the sale, after reflecting the impact of derivative settlements, was used to repurchase certain of UPC Holding’s outstanding indebtedness, with the remainder available for general corporate purposes. For additional information regarding these financing transactions, see note 9.

In connection with the sale of UPC Poland, we recognized a gain of $848.9 million, which includes a cumulative foreign currency translation gain of $10.9 million. No income taxes were required to be provided on this gain.

We have agreed to provide certain transitional services for a period of up to five years, depending on the service. These services will principally comprise network and information technology-related functions. The annual charges will depend on the actual level of services required by the purchaser. During the three and nine months ended September 30, 2022, we recorded revenue of $8.3 million and $17.1 million, respectively, associated with these transitional services.

UPC Poland is presented as a discontinued operation in our condensed consolidated financial statements for all applicable periods. Effective with the signing of the sale and purchase agreement on September 22, 2021, we ceased to depreciate or amortize the associated long-lived assets. Our operations in Poland were held through UPC Holding prior to the disposal date. No debt, interest or derivative instruments of the UPC Holding borrowing group have been allocated to discontinued operations. Prior to being presented as a discontinued operation, the operations of UPC Poland were included in our former “Central and Eastern Europe” reportable segment.

The carrying amounts of the major classes of assets and liabilities of UPC Poland as of December 31, 2021 are summarized in the following table (in millions):


Assets:
Current assets	$	23.4
Property and equipment, net	406.8
Goodwill	464.7
Other assets, net	30.1
Total assets	$	925.0

Liabilities:
Current portion of debt and finance lease obligations	$	42.7
Other accrued and current liabilities	97.3
Long-term debt and finance lease obligations	5.0
Other long-term liabilities	56.3
Total liabilities	$	201.3

The operating results of UPC Poland for the periods indicated are summarized in the following table. These amounts exclude intercompany revenue and expenses that are eliminated within our condensed consolidated statements of operations.


	Three months ended September 30, 2021		Nine months ended September 30,
			2022 (a)		2021
	in millions

Revenue	$	113.2	$	109.5	$	344.9
Operating income	$	31.6	$	45.0	$	83.9
Earnings before income taxes	$	29.5	$	43.9	$	82.0
Income tax expense	(26.4)		(9.3)		(37.7)
Net earnings attributable to Liberty Global shareholders	$	3.1	$	34.6	$	44.3

_______________

(a)Includes the operating results of UPC Poland from January 1, 2022 through April 1, 2022, the date UPC Poland was sold.

Telenet Tower Sale. On June 1, 2022, Telenet completed the sale of substantially all of their passive infrastructure and tower assets to DigitalBridge Investments LLC (DigitalBridge) (the Telenet Tower Sale). After considering working capital adjustments, we received net cash proceeds of €733.0 million ($779.9 million at the transaction date). Effective with the signing of the sale and purchase agreement on March 25, 2022, we began accounting for the associated assets and liabilities as held for sale and, accordingly, we ceased to depreciate or amortize these long-lived assets.

In connection with the completion of the Telenet Tower Sale, we recognized a gain of $700.4 million. No income taxes were required to be provided on this gain.

As part of the Telenet Tower Sale, Telenet entered into a master lease agreement to lease back the passive infrastructure and tower assets from DigitalBridge for an initial period of 15 years (the Telenet Tower Lease Agreement). In connection with the Telenet Tower Lease Agreement, we recorded non-cash additions to our operating lease right-of-use (ROU) assets of $615.1 million and a corresponding increase to our operating lease liabilities of the same amount.

In addition, as part of the Telenet Tower Lease Agreement, Telenet has also committed to lease back 475 build-to-suit sites over the term of the lease. As of September 30, 2022, the total U.S. dollar equivalent of the estimated future payments for the build-to-suit sites over the term of the lease was $95.5 million, the majority of which are due after 2027. Telenet will act as an agent over the construction of future towers on the build-to-suit sites.

Pending Transaction

Telenet NetCo Transaction. On July 19, 2022, Telenet and Fluvius System Operator CV (Fluvius) entered into an agreement to create an independent, self-funding infrastructure company (NetCo) within their combined geographic footprint in Belgium. The companies will each contribute certain cable infrastructure assets with Telenet and Fluvius initially owning 66.8% and 33.2% of NetCo, respectively. Telenet and Liberty Global will consolidate NetCo upon closing of the transaction, which we currently expect to occur in early 2023. The closing of the transaction is subject to the satisfaction of certain conditions, including regulatory conditions and approval from Fluvius shareholders.

2021 Dispositions

U.K. JV Transaction. On June 1, 2021, pursuant to a Contribution Agreement dated May 7, 2020 (the Contribution Agreement) with, among others, Telefónica, (i) we contributed Virgin Media’s U.K. operations and certain other Liberty Global subsidiaries (together, the U.K. JV Entities) to the VMO2 JV and (ii) Telefónica contributed its U.K. mobile business to the VMO2 JV, creating a nationwide integrated communications provider (herein referred to as the “U.K. JV Transaction”). We account for our 50% interest in the VMO2 JV as an equity method investment, as further described in note 5.

In connection with the U.K. JV Transaction, we received net cash of $52.0 million, which includes (i) an equalization payment, (ii) our share of the proceeds associated with related recapitalization financing transactions completed by the VMO2 JV and (iii) $44.5 million of cash paid by Liberty Global to settle certain centrally-held vendor financing obligations associated with the VMO2 JV.

In connection with the U.K. JV Transaction, we recognized a pre-tax gain of $10,790.7 million, net of the recognition of a cumulative foreign currency translation loss of $1,198.6 million. This gain was calculated by deducting the carrying value of the U.K. JV Entities (including the related foreign currency translation loss) from the sum of (i) the fair value assigned to our 50% interest in the VMO2 JV and (ii) the net cash received pursuant to the equalization payment and the recapitalization transactions described above. For information regarding our approach to the valuation of our interest in the VMO2 JV, see note 7.

A summary of the fair value of the assets and liabilities of the VMO2 JV at the June 1, 2021 transaction date is presented in the following table. The opening balance sheet presented below reflects the final purchase price allocation (in millions):


Current assets	$	4,186.7
Property and equipment, net	12,523.2
Goodwill	29,502.7
Intangible assets subject to amortization, net	13,274.6
Other assets, net	4,116.2
Current portion of debt and finance lease obligations	(4,352.5)
Other accrued and current liabilities	(5,780.8)
Long-term debt and finance lease obligations	(21,879.2)
Other long-term liabilities	(2,170.9)
Total fair value of the net assets of the VMO2 JV	$	29,420.0

Our condensed consolidated statement of operations for the nine months ended September 30, 2021 includes aggregate earnings from continuing operations before income taxes attributable to the U.K. JV Entities of $890.5 million.

Effective with the signing of the Contribution Agreement, we began accounting for the U.K. JV Entities as held for sale. Accordingly, we ceased to depreciate or amortize the long-lived assets of the U.K. JV Entities. However, the U.K. JV Entities were not presented as discontinued operations as the U.K. JV Transaction did not represent a strategic shift as defined by GAAP.

AtlasEdge JV Transactions. On September 1, 2021, we (i) contributed certain assets and liabilities to a newly-formed 50:50 joint venture (the AtlasEdge JV) that was established for the purpose of acquiring and commercializing European technical real estate for edge colocation and hosting services and (ii) sold certain other assets to the AtlasEdge JV. In connection with these transactions, which we refer to as the “AtlasEdge JV Transactions”, we (i) received cash of $130.0 million and (ii) recognized a pre-tax gain of $213.7 million (net of the recognition of a cumulative foreign currency transaction loss of $1.8 million), representing the difference between the estimated fair value and the carrying value of the net assets associated with these transactions. We account for our interest in the AtlasEdge JV as an equity method investment.

Investments

9 Months Ended

Sep. 30, 2022

Investments [Abstract]

Investments

The details of our investments are set forth below:


Accounting Method	September 30, 2022		December 31, 2021		Ownership (a)
	in millions				%
Equity (b):
Long-term:
VMO2 JV	$	11,478.8	$	13,774.7	50.0
VodafoneZiggo JV (c)	2,214.4		2,572.4		50.0
AtlasEdge JV	129.2		163.7		47.5
All3Media Group (All3Media)	118.4		143.7		50.0
Formula E Holdings Ltd (Formula E)	83.0		115.9		35.9
Other	245.9		174.8
Total — equity	14,269.7		16,945.2
Fair value:
Short-term:
Separately-managed accounts (SMAs) (d)	2,149.0		2,269.6
Long-term:
Televisa Univision, Inc. (Televisa Univision) (e)	385.5		385.5		6.3
Lacework Inc. (Lacework)	269.1		269.1		3.3
ITV plc (ITV)	254.1		596.3		9.9
SMAs (d)	225.8		531.7
Plume Design, Inc. (Plume)	188.8		188.8		11.5
EdgeConneX Inc. (EdgeConneX)	177.7		138.7		5.1
Pax8 Inc. (Pax8)	99.0		14.7		5.9
Aviatrix Systems, Inc. (Aviatrix)	78.2		78.2		3.8
CANAL+ Polska S.A.	57.5		70.8		17.0
Lions Gate Entertainment Corp (Lionsgate)	47.5		105.9		2.9
Other	379.3		378.1
Total — fair value	4,311.5		5,027.4
Total investments (f)	$	18,581.2	$	21,972.6
Short-term investments	$	2,149.0	$	2,269.6
Long-term investments	$	16,432.2	$	19,703.0

_______________

(a)Our ownership percentages are determined based on our legal ownership as of the most recent balance sheet date or are estimated based on the number of shares we own and the most recent publicly-available information.

(b)Our equity method investments are originally recorded at cost and are adjusted to recognize our share of net earnings or losses of the affiliates as they occur rather than as dividend distributions are received, with our recognition of losses generally limited to the extent of our investment in, and loans and commitments to, the investee. Accordingly, the carrying values of our equity method investments may not equal the respective fair values. At September 30, 2022 and December 31, 2021, the aggregate carrying amounts of our equity method investments exceeded our proportionate share of the respective investee’s net assets by $1,079.4 million and $1,236.0 million, respectively, which primarily includes amounts associated with the VodafoneZiggo JV Receivables, as defined below, and amounts we are owed under a long-term note receivable from All3Media.

(c)Amounts include certain notes receivable due from a subsidiary of the VodafoneZiggo JV to a subsidiary of Liberty Global comprising (i) a euro-denominated note receivable with a principal amount of $685.3 million and $797.1 million at September 30, 2022 and December 31, 2021, respectively, (the VodafoneZiggo JV Receivable I), and (ii) a euro-denominated note receivable with a principal amount of $203.5 million and $236.7 million at September 30, 2022 and December 31, 2021, respectively, (the VodafoneZiggo JV Receivable II and, together with the VodafoneZiggo JV Receivable I, the VodafoneZiggo JV Receivables). The VodafoneZiggo JV Receivables bear interest at 5.55% and have a final maturity date of December 31, 2030. During the nine months ended September 30, 2022, interest accrued on the VodafoneZiggo JV Receivables was $40.7 million, all of which has been cash settled.

(d)Represents investments held under SMAs, which are maintained by investment managers acting as agents on our behalf. We classify, measure and report these investments, the composition of which may change from time to time, based on the underlying nature and characteristics of each security held under the SMAs. As of September 30, 2022, all of our investments held under SMAs were classified as available-for-sale debt securities. At September 30, 2022 and December 31, 2021, interest accrued on our debt securities, which is included in other current assets on our condensed consolidated balance sheets, was $11.3 million and $5.1 million, respectively.

(e)At September 30, 2022, the fair value of our investment in Televisa Univision reflects the merger of Univision Holdings Inc. and Grupo Televisa, S.A.B., which was completed during the first quarter of 2022.

(f)The purchase and sale of investments are presented on a gross basis in our condensed consolidated statements of cash flows, including amounts associated with SMAs.

Equity Method Investments

The following table sets forth the details of our share of results of affiliates, net:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

VMO2 JV (a)	$	398.5	$	(10.4)	$	616.4	$	(10.7)
VodafoneZiggo JV (b)	92.6		(2.6)		224.6		6.8
All3Media	(10.2)		(3.4)		(27.1)		(18.2)
Formula E	(15.1)		(10.9)		(16.8)		(6.5)
AtlasEdge JV	(5.2)		—		(13.3)		—
Other, net	40.4		(1.9)		28.8		(7.0)
Total	$	501.0	$	(29.2)	$	812.6	$	(35.6)

_______________

(a)Represents (i) our 50% share of the results of operations of the VMO2 JV and (ii) 100% of the share-based compensation expense associated with Liberty Global awards granted to VMO2 JV employees, who were formerly employees of Liberty Global, prior to the VMO2 JV formation as these awards remain our responsibility.

(b)Represents (i) our 50% share of the results of operations of the VodafoneZiggo JV and (ii) 100% of the interest income earned on the VodafoneZiggo JV Receivables.

VMO2 JV

On June 1, 2021, we completed the U.K. JV Transaction. Each of Liberty Global and Telefónica (each a “U.K. JV Shareholder”) holds 50% of the issued share capital of the VMO2 JV. The U.K. JV Shareholders intend for the VMO2 JV to be funded solely from its net cash flows from operations and third-party financing. We account for our 50% interest in the VMO2 JV as an equity method investment and consider the VMO2 JV to be a related party. For additional information regarding the U.K. JV Transaction, see note 4.

Pursuant to an agreement (the U.K. JV Framework Agreement), Liberty Global provides certain services to the VMO2 JV on a transitional or ongoing basis (collectively, the U.K. JV Services). The U.K. JV Services provided by Liberty Global consist primarily of (i) technology and other services and (ii) capital-related expenditures for assets that will be used by, or will otherwise benefit, the VMO2 JV. Liberty Global charges both fixed and variable fees to the VMO2 JV for the U.K. JV Services provided during the term of the U.K. JV Framework Agreement. We recorded revenue related to the U.K. JV Services of $59.8 million and $69.7 million during the three months ended September 30, 2022 and 2021, respectively, and $192.4 million and $93.9 million during the nine months ended September 30, 2022 and 2021, respectively. At September 30, 2022 and December 31, 2021, $33.7 million and $43.3 million, respectively, was due from the VMO2 JV, primarily related to (a) services performed under the U.K. JV Framework Agreement and (b) amounts incurred by Liberty Global for certain equipment and licenses purchased on behalf of the VMO2 JV. Amounts due from the VMO2 JV are periodically cash settled and are included in other current assets on our condensed consolidated balance sheets. In addition, during the nine months ended September 30, 2022, we received dividend distributions from the VMO2 JV aggregating $467.9 million, of which $201.0 million was accounted for as a return on capital and $266.9 million was accounted for as a return of capital for purposes of our condensed consolidated statement of cash flows.

The summarized results of operations of the VMO2 JV are set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021 (a)
	in millions

Revenue	$	3,042.1	$	3,614.0	$	9,642.7	$	4,822.5
Earnings (loss) before income taxes	$	1,178.7	$	56.3	$	1,646.4	$	(112.2)
Net earnings (loss)	$	832.2	$	31.9	$	1,238.7	$	(2.7)

_______________

(a)Includes the operating results of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

VodafoneZiggo JV

Pursuant to an agreement (the NL JV Framework Agreement), Liberty Global provides certain services to the VodafoneZiggo JV (collectively, the NL JV Services). The NL JV Services provided by Liberty Global consist primarily of (i) technology and other services and (ii) capital-related expenditures for assets that will be used by, or will otherwise benefit, the VodafoneZiggo JV. Liberty Global charges both fixed and usage-based fees to the VodafoneZiggo JV for the NL JV Services provided during the term of the NL JV Framework Agreement. We recorded revenue from the VodafoneZiggo JV of $75.4 million and $45.2 million during the three months ended September 30, 2022 and 2021, respectively, and $192.7 million and $161.0 million during the nine months ended September 30, 2022 and 2021, respectively, primarily related to (a) the NL JV Services and (b) the sale of customer premises equipment at a mark-up. At September 30, 2022 and December 31, 2021, $33.0 million and $62.5 million, respectively, was due from the VodafoneZiggo JV related to the aforementioned transactions. Amounts due from the VodafoneZiggo JV are periodically cash settled and are included in other current assets on our condensed consolidated balance sheets. In addition, during the nine months ended September 30, 2022 and 2021, we received dividend distributions from the VodafoneZiggo JV aggregating $186.9 million and $240.9 million, respectively, which were accounted for as returns on capital for purposes of our condensed consolidated statements of cash flows.

The summarized results of operations of the VodafoneZiggo JV are set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Revenue	$	1,041.7	$	1,206.1	$	3,237.3	$	3,638.4
Earnings (loss) before income taxes	$	232.5	$	(32.9)	$	585.2	$	(73.9)
Net earnings (loss)	$	171.7	$	(24.7)	$	390.6	$	(56.3)

Fair Value Investments

The following table sets forth the details of our realized and unrealized gains (losses) due to changes in fair value, net:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

ITV	$	(62.6)	$	(118.6)	$	(342.2)	$	(9.1)
Pax8	—		—		79.3		—
EdgeConneX	16.4		2.7		58.9		20.5
Lionsgate	(12.3)		(39.6)		(58.4)		18.0
Televisa Univision	26.2		5.9		58.0		161.3
Skillz Inc. (Skillz)	(0.6)		(104.6)		(34.3)		(83.3)
Plume	—		78.7		—		133.8
Aviatrix	—		42.6		—		65.4
Lacework	—		—		—		48.8
Other, net (a)	30.8		23.5		31.0		17.9
Total	$	(2.1)	$	(109.4)	$	(207.7)	$	373.3

_______________

(a)The amount for the 2022 nine-month period includes a gain of $12.0 million related to investments that were sold during the second quarter.

Debt Securities

At September 30, 2022 and December 31, 2021, all of our SMAs were composed of debt securities, which are summarized in the following tables:


	September 30, 2022
	Amortized cost basis		Accumulated unrealized losses		Fair value
	in millions

Commercial paper	$	785.6	$	—	$	785.6
Government bonds	583.7		(2.5)		581.2
Certificates of deposit	497.3		(0.2)		497.1
Corporate debt securities	445.4		(7.4)		438.0
Other debt securities	72.9		—		72.9
Total debt securities	$	2,384.9	$	(10.1)	$	2,374.8


	December 31, 2021
	Amortized cost basis		Accumulated unrealized losses		Fair value
	in millions

Commercial paper	$	897.4	$	—	$	897.4
Corporate debt securities	705.5		(1.6)		703.9
Government bonds	655.9		(3.3)		652.6
Certificates of deposit	355.5		(0.1)		355.4
Other debt securities	192.0		—		192.0
Total debt securities	$	2,806.3	$	(5.0)	$	2,801.3

We received proceeds from the sale of debt securities of $2.6 billion and $1.9 billion during the three months ended September 30, 2022 and 2021, respectively, and $7.5 billion and $4.8 billion during the nine months ended September 30, 2022 and 2021, respectively, the majority of which were reinvested in new debt securities held under SMAs. The sale of debt securities resulted in a realized net loss of $1.5 million and nil during the three months ended September 30, 2022 and 2021, respectively, and realized net losses of $7.6 million and $1.6 million during the nine months ended September 30, 2022 and 2021, respectively.

The fair values of our debt securities as of September 30, 2022 by contractual maturity are shown below (in millions):





Due in one year or less	$	2,149.0
Due in one to five years	224.4
Due in five to ten years	1.4

Total (a)	$	2,374.8

_______________

(a)The weighted average life of our total debt securities was 0.5 years as of September 30, 2022.

Our investment portfolio is subject to various macroeconomic pressures and has experienced significant volatility, which affects both our non-public and publicly-traded investments. Changes in the fair values of these investments, including changes with respect to interest rates within our local jurisdictions, are likely to continue and could be significant.

Further, the U.K. is similarly facing various macroeconomic pressures, including financial and political challenges, that have impacted the broader U.K. economy and valuation of the local currency. These factors, among others, may impact the mobile and fixed-line operations of the VMO2 JV. If the adverse impacts of economic, financial, political, competitive, regulatory or other factors were to cause significant deterioration of the results of operations or significant changes in our estimates of discount rates, future results or cash flows of the VMO2 JV, we could conclude in future periods that our investment in the VMO2 JV is impaired. Any such impairment of our investment in the VMO2 JV would be reflected as a component of share of results of affiliates, net, in our consolidated statement of operations and could be significant.

Derivative Instruments

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

In general, we enter into derivative instruments to protect against (i) increases in the interest rates on our variable-rate debt, (ii) foreign currency movements, particularly with respect to borrowings that are denominated in a currency other than the functional currency of the borrowing entity, and (iii) decreases in the market prices of certain publicly traded securities that we own. In this regard, through our subsidiaries, we have entered into various derivative instruments to manage interest rate exposure and foreign currency exposure primarily with respect to the U.S. dollar ($), the euro (€), the British pound sterling (£) and the Swiss franc (CHF). Generally, we do not apply hedge accounting to our derivative instruments. Accordingly, changes in the fair values of most of our derivative instruments are recorded in realized and unrealized gains or losses on derivative instruments, net, in our condensed consolidated statements of operations.

The following table provides details of the fair values of our derivative instrument assets and liabilities:


	September 30, 2022						December 31, 2021
	Current		Long-term		Total		Current		Long-term		Total
	in millions

Assets (a):
Cross-currency and interest rate derivative contracts (b)	$	388.9	$	1,401.0	$	1,789.9	$	214.9	$	164.3	$	379.2
Equity-related derivative instruments (c)	—		114.1		114.1		—		113.8		113.8
Foreign currency forward and option contracts	7.3		—		7.3		28.4		—		28.4
Other	0.2		—		0.2		1.0		—		1.0
Total	$	396.4	$	1,515.1	$	1,911.5	$	244.3	$	278.1	$	522.4

Liabilities (a):
Cross-currency and interest rate derivative contracts (b)	$	223.1	$	412.8	$	635.9	$	208.8	$	670.2	$	879.0

Foreign currency forward and option contracts	10.6		2.0		12.6		13.0		—		13.0

Total	$	233.7	$	414.8	$	648.5	$	221.8	$	670.2	$	892.0

_______________

(a)Our current derivative assets, long-term derivative assets and long-term derivative liabilities are included in other current assets, other assets, net, and other long-term liabilities, respectively, on our condensed consolidated balance sheets.

(b)We consider credit risk relating to our and our counterparties’ nonperformance in the fair value assessment of our derivative instruments. In all cases, the adjustments take into account offsetting liability or asset positions within each of our subsidiary borrowing groups (as defined and described in note 9). The changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net losses of $16.3 million and $34.0 million during the three months ended September 30, 2022 and 2021, respectively, and $7.0 million and $34.8 million during the nine months ended September 30, 2022 and 2021, respectively. These amounts are included in realized and unrealized gains on derivative instruments, net, in our condensed consolidated statements of operations. For further information regarding our fair value measurements, see note 7.

(c)Our equity-related derivative instruments include warrants on our investment in Plume.

The details of our realized and unrealized gains on derivative instruments, net, are as follows:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Cross-currency and interest rate derivative contracts	$	549.3	$	170.9	$	1,640.6	$	658.0
Foreign currency forward and option contracts	(2.4)		(22.4)		28.9		(27.1)
Equity-related derivative instruments:
ITV Collar	—		—		—		(11.8)

Other	—		50.8		0.3		86.1
Total equity-related derivative instruments	—		50.8		0.3		74.3
Other	—		—		(0.7)		2.2
Total	$	546.9	$	199.3	$	1,669.1	$	707.4

The net cash received or paid related to our derivative instruments is classified as an operating, investing or financing activity in our condensed consolidated statements of cash flows based on the objective of the derivative instrument and the classification of the applicable underlying cash flows. The following table sets forth the classification of the net cash outflows of our derivative instruments:


	Nine months ended September 30,
	2022		2021
	in millions

Operating activities	$	2.6	$	(51.7)
Investing activities	40.9		(61.7)
Financing activities	(50.0)		23.1
Total	$	(6.5)	$	(90.3)

Counterparty Credit Risk

We are exposed to the risk that the counterparties to the derivative instruments of our subsidiary borrowing groups will default on their obligations to us. We manage these credit risks through the evaluation and monitoring of the creditworthiness of, and concentration of risk with, the respective counterparties. In this regard, credit risk associated with our derivative instruments is spread across a relatively broad counterparty base of banks and financial institutions, however notwithstanding, given the size of our derivative portfolio, the default of certain counterparties could have a significant impact on our consolidated statements of operations. Collateral is generally not posted by either party under our derivative instruments. At September 30, 2022, our exposure to counterparty credit risk included derivative assets with an aggregate fair value of $1.3 billion.

Details of our Derivative Instruments

Cross-currency Derivative Contracts

We generally match the denomination of our subsidiaries’ borrowings with the functional currency of the supporting operations or, when it is more cost effective, we provide for an economic hedge against foreign currency exchange rate movements by using derivative instruments to synthetically convert unmatched debt into the applicable underlying currency. At September 30, 2022, substantially all of our debt was either directly or synthetically matched to the applicable functional currencies of the underlying operations. The following table sets forth the total notional amounts and the related weighted average remaining contractual lives of our cross-currency swap contracts at September 30, 2022:


	Notional amount due from counterparty		Notional amount due to counterparty			Weighted average remaining life
	in millions					in years





UPC Holding	$	250.0	€	220.6		3.0
	$	4,475.0	CHF	4,098.2	(a)	5.7
	€	2,650.0	CHF	2,970.1		3.4


	CHF	740.0	€	701.1		0.3





Telenet	$	3,940.0	€	3,489.6	(a)	4.3
	€	45.2	$	50.0	(b)	2.3

_______________

(a)Includes certain derivative instruments that are “forward-starting,” such that the initial exchange occurs at a date subsequent to September 30, 2022. These instruments are typically entered into in order to extend existing hedges without the need to amend existing contracts.

(b)Includes certain derivative instruments that do not involve the exchange of notional amounts at the inception and maturity of the instruments. Accordingly, the only cash flows associated with these derivative instruments are coupon-related payments and receipts.

Interest Rate Swap Contracts

The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our interest rate swap contracts at September 30, 2022:


	Pays fixed rate				Receives fixed rate
	Notional amount			Weighted average remaining life	Notional amount		Weighted average remaining life
	in millions			in years	in millions		in years



UPC Holding	$	5,561.2	(a)	2.6	$	3,217.4	4.0

Telenet	$	2,700.8	(a)	2.6	$	1,274.7	1.1

_______________

(a)Includes forward-starting derivative instruments.

Interest Rate Swap Options

From time to time, we enter into interest rate swap options (swaptions) which give us the right, but not the obligation, to enter into certain interest rate swap contracts at set dates in the future. Such contracts typically have a life of no more than three years. At September 30, 2022, the option expiration period on each of our swaptions had expired.

Basis Swaps

Our basis swaps involve the exchange of attributes used to calculate our floating interest rates, including (i) the benchmark rate, (ii) the underlying currency and/or (iii) the borrowing period. We typically enter into these swaps to optimize our interest rate profile based on our current evaluations of yield curves, our risk management policies and other factors. The following table sets forth the total U.S. dollar equivalents of the notional amounts and related weighted average remaining contractual lives of our basis swap contracts at September 30, 2022:


	Notional amount due from counterparty		Weighted average remaining life
	in millions		in years



UPC Holding	$	2,417.0	0.3

Telenet	$	2,295.0	0.3

Interest Rate Caps, Floors and Collars

From time to time, we enter into interest rate cap, floor and collar agreements. Purchased interest rate caps and collars lock in a maximum interest rate if variable rates rise, but also allow our company to benefit, to a limited extent in the case of collars, from declines in market rates. Purchased interest rate floors protect us from interest rates falling below a certain level, generally to match a floating rate floor on a debt instrument. At September 30, 2022, we had no interest rate collar agreements, and the total U.S. dollar equivalents of the notional amounts of our purchased interest rate caps and floors were $1.1 billion and $7.3 billion, respectively.

Impact of Derivative Instruments on Borrowing Costs

The impact of the derivative instruments that mitigate our foreign currency and interest rate risk, as described above, on our borrowing costs is as follows:


	Decrease to borrowing costs at September 30, 2022 (a)


UPC Holding	(2.16)	%
Telenet	(1.64)	%
VM Ireland	(1.39)	%
Total decrease to borrowing costs	(1.88)	%

_______________

(a)Represents the effect of derivative instruments in effect at September 30, 2022 and does not include forward-starting derivative instruments.

Foreign Currency Forwards and Options

Certain of our subsidiaries enter into foreign currency forward and option contracts with respect to non-functional currency exposure, including hedges of the proceeds from the sale of UPC Poland. As of September 30, 2022, the total U.S. dollar equivalent of the notional amounts of our foreign currency forward and option contracts was $488.4 million.

Fair Value Measurements

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Fair Value Measurements

We use the fair value method to account for (i) certain of our investments and (ii) our derivative instruments. The reported fair values of these investments and derivative instruments as of September 30, 2022 are unlikely to represent the value that will be paid or received upon the ultimate settlement or disposition of these assets and liabilities.

GAAP provides for a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. We record transfers of assets or liabilities into or out of Levels 1, 2 or 3 at the beginning of the quarter during which the transfer occurred.

We use a Monte Carlo based approach to incorporate a credit risk valuation adjustment in our fair value measurements to estimate the impact of both our own nonperformance risk and the nonperformance risk of our counterparties. Our credit risk valuation adjustments with respect to our cross-currency and interest rate swaps are quantified and further explained in note 6.

Fair value measurements are also used in connection with nonrecurring valuations performed in connection with acquisition accounting, impairment assessments and the accounting for our initial investment in the VMO2 JV. These nonrecurring valuations include the valuation of reporting units, customer relationships and other intangible assets, property and equipment, the implied value of goodwill and the valuation of our initial investment in the VMO2 JV. The valuation of reporting units and our initial investment in the VMO2 JV are based at least in part on discounted cash flow analyses. With the exception of certain inputs for our weighted average cost of capital and discount rate calculations that are derived from pricing services, the inputs used in our discounted cash flow analyses, such as forecasts of future cash flows, including inputs with respect to revenue growth and Adjusted EBITDA margin (as defined in note 16), and terminal growth rates, are based on our assumptions. The valuation of customer relationships is primarily based on an excess earnings methodology, which is a form of a discounted cash flow analysis. The excess earnings methodology requires us to estimate the specific cash flows expected from the customer relationship, considering such factors as estimated customer life, the revenue expected to be generated over the life of the customer relationship, contributory asset charges and other factors. Tangible assets are typically valued using a replacement or reproduction cost approach, considering factors such as current prices of the same or similar equipment, the age of the equipment and economic obsolescence. The implied value of goodwill is determined by allocating the fair value of a reporting unit to all of the assets and liabilities of that unit as if the reporting unit had been acquired in a business combination, with the residual amount allocated to goodwill. Most of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level 3 of the fair value hierarchy. During the nine months ended September 30, 2022, we did not perform any significant nonrecurring fair value measurements. During the nine months ended September 30, 2021, we performed a nonrecurring valuation for the purpose of determining the fair value of our initial investment in the VMO2 JV. The weighted average cost of capital used to value our initial investment was 6.9%. For information regarding our investment in the VMO2 JV, see note 5.

For additional information concerning our fair value measurements, see note 9 to the consolidated financial statements included in our 10-K.

A summary of our assets and liabilities that are measured at fair value on a recurring basis is as follows:


			Fair value measurements at September 30, 2022 using:
Description	September 30, 2022		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	in millions

Assets:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	1,789.9	$	—	$	1,789.9	$	—
Equity-related derivative instruments	114.1		—		—		114.1
Foreign currency forward and option contracts	7.3		—		7.3		—
Other	0.2		—		0.2		—
Total derivative instruments	1,911.5		—		1,797.4		114.1
Investments:
SMAs	2,374.8		598.1		1,776.7		—
Other investments	1,936.7		306.1		57.6		1,573.0
Total investments	4,311.5		904.2		1,834.3		1,573.0
Total assets	$	6,223.0	$	904.2	$	3,631.7	$	1,687.1

Liabilities:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	635.9	$	—	$	635.9	$	—

Foreign currency forward and option contracts	12.6		—		12.6		—



Total liabilities	$	648.5	$	—	$	648.5	$	—


			Fair value measurements at December 31, 2021 using:
Description	December 31, 2021		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	in millions

Assets:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	379.2	$	—	$	379.2	$	—
Equity-related derivative instruments	113.8		—		—		113.8
Foreign currency forward and option contracts	28.4		—		9.0		19.4
Other	1.0		—		1.0		—
Total derivative instruments	522.4		—		389.2		133.2
Investments:
SMAs	2,801.3		672.1		2,124.2		5.0
Other investments	2,226.1		747.9		70.8		1,407.4
Total investments	5,027.4		1,420.0		2,195.0		1,412.4
Total assets	$	5,549.8	$	1,420.0	$	2,584.2	$	1,545.6

Liabilities:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	879.0	$	—	$	846.3	$	32.7

Foreign currency forward and option contracts	13.0		—		13.0		—



Total liabilities	$	892.0	$	—	$	859.3	$	32.7

A reconciliation of the beginning and ending balances of our assets and liabilities measured at fair value on a recurring basis using significant unobservable, or Level 3, inputs is as follows:


	Investments		Cross-currency, interest rate and foreign currency derivative contracts		Equity-related derivative instruments		Total
	in millions

Balance of net assets (liabilities) at January 1, 2022	$	1,412.4	$	(13.3)	$	113.8	$	1,512.9
Gains included in earnings from continuing operations (a):
Realized and unrealized gains on derivative instruments, net	—		—		0.3		0.3
Realized and unrealized gains due to changes in fair values of certain investments, net	214.7		—		—		214.7


Additions	78.8		—		—		78.8
Dispositions	(31.8)		—		—		(31.8)
Transfers out of Level 3	—		13.3		—		13.3
Foreign currency translation adjustments and other, net	(101.1)		—		—		(101.1)
Balance of net assets at September 30, 2022 (b)	$	1,573.0	$	—	$	114.1	$	1,687.1

_______________

(a)Amounts primarily relate to assets and liabilities that we continue to carry on our condensed consolidated balance sheet as of September 30, 2022.

(b)As of September 30, 2022, $317.6 million of our Level 3 investments were accounted for under the measurement alternative at cost less impairment, adjusted for observable price changes.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Long-lived Assets

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Long-lived Assets

Property and Equipment, Net

The details of our property and equipment and the related accumulated depreciation are set forth below:


	September 30, 2022		December 31, 2021
	in millions

Distribution systems	$	8,598.1	$	9,472.8
Support equipment, buildings and land	3,653.7		4,310.5
Customer premises equipment	1,275.5		1,279.2
Total property and equipment, gross	13,527.3		15,062.5
Accumulated depreciation	(7,556.4)		(8,081.0)
Total property and equipment, net	$	5,970.9	$	6,981.5

During the nine months ended September 30, 2022 and 2021, we recorded non-cash increases to our property and equipment related to vendor financing arrangements of $142.9 million and $599.6 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively, which exclude related value-added taxes (VAT) of $17.0 million and $75.9 million, respectively, that were also financed under these arrangements.

Goodwill

Changes in the carrying amount of our goodwill during the nine months ended September 30, 2022 are set forth below:


	January 1, 2022		Foreign currency translation adjustments and other		September 30, 2022
	in millions

Switzerland	$	6,590.5	$	(485.3)	$	6,105.2
Belgium	2,591.8		(363.4)		2,228.4
Ireland	275.9		(38.7)		237.2
Central and Other	65.2		(9.2)		56.0

Total	$	9,523.4	$	(896.6)	$	8,626.8

If, among other factors, (i) our equity values were to decline or (ii) the adverse impacts of economic, competitive, regulatory or other factors were to cause our results of operations or cash flows to be worse than anticipated, we could conclude in future periods that impairment charges are required in order to reduce the carrying values of our goodwill and, to a lesser extent, other long-lived assets. Any such impairment charges could be significant.

Intangible Assets Subject to Amortization, Net

The details of our intangible assets subject to amortization are set forth below:


	September 30, 2022						December 31, 2021
	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
	in millions

Customer relationships	$	2,133.2	$	(786.4)	$	1,346.8	$	2,336.2	$	(602.2)	$	1,734.0
Other	1,339.2		(426.0)		913.2		1,034.3		(425.8)		608.5
Total	$	3,472.4	$	(1,212.4)	$	2,260.0	$	3,370.5	$	(1,028.0)	$	2,342.5

During the nine months ended September 30, 2022, we recorded a non-cash increase of $384.1 million related to Telenet’s acquisition of mobile spectrum licenses.

Debt

9 Months Ended

Sep. 30, 2022

Debt and Lease Obligation [Abstract]

Debt

The U.S. dollar equivalents of the components of our debt are as follows:


	September 30, 2022						Principal amount
	Weighted average interest rate (a)		Unused borrowing capacity (b)
			Borrowing currency		U.S. $ equivalent		September 30, 2022		December 31, 2021
			in millions

UPC Holding Bank Facility (c)	5.49	%	€	713.4	$	698.4	$	3,487.1	$	4,062.5
UPC SPE Notes	4.59	%	—		—		1,617.1		1,933.2
UPC Holding Senior Notes	4.81	%	—		—		783.1		1,211.6
Telenet Credit Facility (d)	4.79	%	€	555.0	543.3		3,381.7		3,558.9
Telenet Senior Secured Notes	4.81	%	—		—		1,528.7		1,614.9

VM Ireland Credit Facility (e)	5.31	%	€	100.0	97.9		881.1		1,024.9
Vendor financing (f)	2.23	%	—		—		660.8		843.2
Other (g)	4.16	%	—		—		518.2		149.6
Total debt before deferred financing costs, discounts and premiums (h)	4.84	%			$	1,339.6	$	12,857.8	$	14,398.8

The following table provides a reconciliation of total debt before deferred financing costs, discounts and premiums to total debt and finance lease obligations:


	September 30, 2022		December 31, 2021
	in millions

Total debt before deferred financing costs, discounts and premiums	$	12,857.8	$	14,398.8
Deferred financing costs, discounts and premiums, net	(43.6)		(57.7)
Total carrying amount of debt	12,814.2		14,341.1
Finance lease obligations (note 10)	405.7		484.0
Total debt and finance lease obligations	13,219.9		14,825.1
Current maturities of debt and finance lease obligations	(716.7)		(850.3)
Long-term debt and finance lease obligations	$	12,503.2	$	13,974.8

_______________

(a)Represents the weighted average interest rate in effect at September 30, 2022 for all borrowings outstanding pursuant to each debt instrument, including any applicable margin. The interest rates presented represent stated rates and do not include the impact of derivative instruments, deferred financing costs, original issue premiums or discounts and commitment fees, all of which affect our overall cost of borrowing. Including the effects of derivative instruments, original issue premiums or discounts and commitment fees, but excluding the impact of deferred financing costs and certain other obligations that we assumed in connection with certain acquisitions, the weighted average interest rate on our aggregate variable- and fixed-rate indebtedness was 3.17% at September 30, 2022. For information regarding our derivative instruments, see note 6.

(b)Unused borrowing capacity represents the maximum availability under the applicable facility at September 30, 2022 without regard to covenant compliance calculations or other conditions precedent to borrowing. The following table provides our borrowing availability and amounts available to loan or distribute under each of the respective subsidiary facilities, based on the most restrictive applicable leverage covenants and leverage-based restricted payment tests, (i) at September 30, 2022 and (ii) upon completion of the relevant September 30, 2022 compliance reporting requirements.

These amounts do not consider any actual or potential changes to our borrowing levels or any amounts loaned or distributed subsequent to September 30, 2022, or the impact of additional amounts that may be available to borrow, loan or distribute under certain defined baskets within each respective facility.


	Availability
	September 30, 2022				Upon completion of the relevant September 30, 2022 compliance reporting requirements
	Borrowing currency		U.S. $ equivalent		Borrowing currency		U.S. $ equivalent
	in millions

Available to borrow:
UPC Holding Bank Facility	€	713.4	$	698.4	€	713.4	$	698.4
Telenet Credit Facility	€	555.0	$	543.3	€	555.0	$	543.3
VM Ireland Credit Facility	€	100.0	$	97.9	€	100.0	$	97.9

Available to loan or distribute:
UPC Holding Bank Facility	€	207.9	$	203.5	€	303.9	$	297.5
Telenet Credit Facility	€	555.0	$	543.3	€	555.0	$	543.3
VM Ireland Credit Facility	€	98.2	$	96.1	€	89.1	$	87.2

(c)Unused borrowing capacity under the UPC Holding Bank Facility relates to an equivalent €713.4 million ($698.4 million) under the UPC Revolving Facility, part of which has been made available as an ancillary facility. With the exception of €23.0 million ($22.5 million) of borrowings under the ancillary facility, the UPC Revolving Facility was undrawn at September 30, 2022.

(d)Unused borrowing capacity under the Telenet Credit Facility comprises (i) €510.0 million ($499.3 million) under the Telenet Revolving Facility I, (ii) €25.0 million ($24.5 million) under the Telenet Overdraft Facility and (iii) €20.0 million ($19.6 million) under the Telenet Revolving Facility, each of which were undrawn at September 30, 2022.

(e)Unused borrowing capacity under the VM Ireland Credit Facility relates to €100.0 million ($97.9 million) under the VM Ireland Revolving Facility, which was undrawn at September 30, 2022.

(f)Represents amounts owed to various creditors pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our property and equipment additions and operating expenses. These arrangements extend our repayment terms beyond a vendor’s original due dates (e.g., extension beyond a vendor’s customary payment terms, which are generally 90 days or less) and as such are classified outside of accounts payable as debt on our condensed consolidated balance sheets. These obligations are generally due within one year and include VAT that was also financed under these arrangements. For purposes of our condensed consolidated statements of cash flows, operating-related expenses financed by an intermediary are treated as constructive operating cash outflows and constructive financing cash inflows when the intermediary settles the liability with the vendor as there is no actual cash outflow until we pay the financing intermediary. During the nine months ended September 30, 2022 and 2021, the constructive cash outflow included in cash flows from operating activities and the corresponding constructive cash inflow included in cash flows from financing activities related to these operating expenses was $397.1 million and $1,657.5 million, respectively. Repayments of vendor financing obligations at the time we pay the financing intermediary are included in repayments and repurchases of debt and finance lease obligations in our condensed consolidated statements of cash flows.

(g)The amount for the 2022 period includes $384.1 million of liabilities related to Telenet’s acquisition of mobile spectrum licenses. Telenet will make annual payments for the license fees over the terms of the respective licenses. For more information regarding Telenet’s acquisition of mobile spectrum licenses, see note 8.

(h)As of September 30, 2022 and December 31, 2021, our debt had an estimated fair value of $11.7 billion and $14.5 billion, respectively. The estimated fair values of our debt instruments are generally determined using the average of applicable bid and ask prices (mostly Level 1 of the fair value hierarchy). For additional information regarding fair value hierarchies, see note 7.

Financing Transactions - General Information

At September 30, 2022, most of our outstanding debt had been incurred by one of our three subsidiary “borrowing groups.” References to these borrowing groups, which comprise UPC Holding, Telenet and VM Ireland, include their respective restricted parent and subsidiary entities. Below we provide summary descriptions of certain financing transactions completed during the first nine months of 2022. A portion of our financing transactions may include non-cash borrowings and repayments. During the nine months ended September 30, 2022 and 2021, non-cash borrowings and repayments aggregated nil and $2.9 billion, respectively. Unless otherwise noted, the terms and conditions of any new notes and/or credit facilities are largely consistent with those of existing notes and credit facilities of the corresponding borrowing group with regard to covenants, events of default and change of control provisions, among other items. For information regarding the general terms and conditions of our debt and capitalized terms not defined herein, see note 11 to the consolidated financial statements included in our 10-K.

UPC Holding Financing Transactions

In April 2022, a portion of the net proceeds from the sale of UPC Poland was used to (i) purchase and extinguish €216.5 million ($212.0 million) of the €600.0 million ($587.4 million) outstanding principal amount under UPC Facility AQ, together with accrued and unpaid interest, from the related UPCB SPE and, simultaneously, an equal amount of UPCB Finance VII Euro Notes were purchased and cancelled, (ii) purchase and cancel €205.1 million ($200.8 million) of the €594.3 million ($581.8 million) outstanding principal amount of UPC Holding 3.875% Senior Notes, (iii) purchase and cancel $82.7 million of the $535.0 million outstanding principal amount of UPC Holding 5.50% Senior Notes, (iv) purchase and extinguish $208.0 million of the $1,925.0 million outstanding principal amount under UPC Facility AX, (v) purchase and extinguish €169.5 million ($165.9 million) of the €862.5 million ($844.4 million) outstanding principal amount under UPC Facility AY and (vi) settle associated derivatives. In connection with these transactions, UPC Holding recognized an aggregate loss on debt extinguishment of $2.0 million related to (a) the net gain associated with settlement discounts of $4.7 million, (b) the write-off of $5.2 million of unamortized deferred financing costs and discounts and (c) the payment of $1.5 million of third-party costs.

In May 2022, an additional (i) €51.3 million ($50.2 million) of UPC Holding 3.875% Senior Notes were purchased and cancelled and (ii) €8.6 million ($8.4 million) under UPC Facility AQ, together with accrued and unpaid interest, was purchased and extinguished and, simultaneously, an equal amount of UPCB Finance VII Euro Notes were purchased and cancelled. In connection with these transactions, UPC Holding recognized an aggregate gain on debt extinguishment of $4.8 million related to (a) the net gain associated with settlement discounts of $5.1 million and (b) the write-off of $0.3 million of unamortized deferred financing costs.

Maturities of Debt

Maturities of our debt as of September 30, 2022 are presented below for the named entity and its subsidiaries, unless otherwise noted, and represent U.S. dollar equivalents based on September 30, 2022 exchange rates.


	UPC Holding (a)		Telenet		VM Ireland		Other		Total
	in millions

Year ending December 31:
2022 (remainder of year)	$	58.7	$	86.0	$	—	$	20.4	$	165.1
2023	179.8		278.3		—		44.1		502.2
2024	—		25.1		—		14.3		39.4
2025	—		27.9		—		1.0		28.9
2026	—		29.5		—		—		29.5
2027	—		30.0		—		—		30.0
Thereafter	5,887.3		5,294.3		881.1		—		12,062.7
Total debt maturities (b)	6,125.8		5,771.1		881.1		79.8		12,857.8
Deferred financing costs, discounts and premiums, net	(26.0)		(12.0)		(5.6)		—		(43.6)
Total debt	$	6,099.8	$	5,759.1	$	875.5	$	79.8	$	12,814.2
Current portion	$	238.4	$	355.7	$	—	$	50.0	$	644.1
Long-term portion	$	5,861.4	$	5,403.4	$	875.5	$	29.8	$	12,170.1

_______________

(a)Amounts include certain senior secured notes issued by special purpose financing entities that are consolidated by UPC Holding and Liberty Global.

(b)Amounts include vendor financing obligations of $660.8 million, as set forth below:


	Telenet		UPC Holding		Other		Total
	in millions

Year ending December 31:
2022 (remainder of year)	$	85.4	$	58.7	$	20.4	$	164.5
2023	257.1		179.8		44.1		481.0
2024	—		—		14.3		14.3
2025	—		—		1.0		1.0



Total vendor financing maturities	$	342.5	$	238.5	$	79.8	$	660.8
Current portion	$	342.5	$	238.5	$	50.0	$	631.0
Long-term portion	$	—	$	—	$	29.8	$	29.8

Vendor Financing Obligations

A reconciliation of the beginning and ending balances of our vendor financing obligations for the indicated periods is set forth below:


	2022		2021
	in millions

Balance at January 1	$	843.2	$	1,099.6
Vendor financing obligations of the U.K. JV Entities at January 1	—		2,805.8
Balance at January 1, including amounts classified as held for sale	843.2		3,905.4
Operating-related vendor financing additions	397.1		1,657.5
Capital-related vendor financing additions	142.9		599.6
Principal payments on operating-related vendor financing	(525.9)		(1,279.6)
Principal payments on capital-related vendor financing	(120.0)		(740.9)
Foreign currency, acquisitions and other	(76.5)		102.8
Total vendor financing obligations	660.8		4,244.8
Less: vendor financing obligations of the U.K. JV Entities	—		(3,241.3)
Balance at September 30	$	660.8	$	1,003.5

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI https://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Leases

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Leases

General

We enter into operating and finance leases for network equipment, real estate, mobile site sharing and vehicles. We provide residual value guarantees on certain of our vehicle leases.

Lease Balances

A summary of our ROU assets and lease liabilities is set forth below:


	September 30, 2022		December 31, 2021
	in millions

ROU assets:
Finance leases (a)	$	350.4	$	426.0
Operating leases (b)	1,630.2		1,327.8
Total ROU assets	$	1,980.6	$	1,753.8

Lease liabilities:
Finance leases (c)	$	405.7	$	484.0
Operating leases (d)	1,682.9		1,364.8
Total lease liabilities	$	2,088.6	$	1,848.8

_______________

(a)Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheets. At September 30, 2022, the weighted average remaining lease term for finance leases was 21.6 years and the weighted average discount rate was 6.0%. During the nine months ended September 30, 2022 and 2021, we recorded

non-cash additions to our finance lease ROU assets of $25.8 million and $27.8 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively.

(b)Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheets. At September 30, 2022, the weighted average remaining lease term for operating leases was 13.3 years and the weighted average discount rate was 5.7%. During the nine months ended September 30, 2022 and 2021, we recorded non-cash additions to our operating lease ROU assets of $670.0 million and $67.4 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively. For additional information regarding the non-cash additions to our operating lease ROU assets during the nine months ended September 30, 2022 related to the Telenet Tower Lease Agreement, see note 4.

(c)The current and long-term portions of our finance lease liabilities are included within current portion of debt and finance lease obligations and long-term debt and finance lease obligations, respectively, on our condensed consolidated balance sheets.

(d)The current portions of our operating lease liabilities are included within other accrued and current liabilities on our condensed consolidated balance sheets. For additional information regarding the increase in our operating lease liabilities during the nine months ended September 30, 2022 related to the Telenet Tower Lease Agreement, see note 4.

A summary of our aggregate lease expense is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Finance lease expense:
Depreciation and amortization	$	14.7	$	17.2	$	49.5	$	55.8
Interest expense	6.4		7.2		20.3		23.9
Total finance lease expense	21.1		24.4		69.8		79.7
Operating lease expense (a)	56.1		38.5		168.8		164.7
Short-term lease expense (a)	1.0		1.1		3.1		4.0
Variable lease expense (b)	0.2		0.4		1.7		1.6
Total lease expense	$	78.4	$	64.4	$	243.4	$	250.0

_______________

(a)Our operating lease expense and short-term lease expense are included in programming and other direct costs of services, other operating expenses, SG&A expenses and impairment, restructuring and other operating items, net, in our condensed consolidated statements of operations.

(b)Variable lease expense represents payments made to a lessor during the lease term that vary because of a change in circumstance that occurred after the lease commencement date. Variable lease payments are expensed as incurred and are included in other operating expenses in our condensed consolidated statements of operations.

A summary of our cash outflows from operating and finance leases is set forth below:




	Nine months ended September 30,
	2022		2021
	in millions

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	163.7	$	164.1
Operating cash outflows from finance leases (interest component)	20.3		23.9
Financing cash outflows from finance leases (principal component)	46.5		59.0
Total cash outflows from operating and finance leases	$	230.5	$	247.0

Maturities of our operating and finance lease liabilities as of September 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on September 30, 2022 exchange rates:


	Operating leases		Finance leases
	in millions

Year ending December 31:
2022 (remainder of year)	$	60.3	$	23.0
2023	183.4		92.4
2024	169.4		58.9
2025	160.4		55.5
2026	153.3		51.0
2027	146.8		46.1
Thereafter	1,323.8		198.8
Total payments	2,197.4		525.7
Less: present value discount	(514.5)		(120.0)
Present value of lease payments	$	1,682.9	$	405.7
Current portion	$	132.6	$	72.6
Long-term portion	$	1,550.3	$	333.1

Leases

General

We enter into operating and finance leases for network equipment, real estate, mobile site sharing and vehicles. We provide residual value guarantees on certain of our vehicle leases.

Lease Balances

A summary of our ROU assets and lease liabilities is set forth below:


	September 30, 2022		December 31, 2021
	in millions

ROU assets:
Finance leases (a)	$	350.4	$	426.0
Operating leases (b)	1,630.2		1,327.8
Total ROU assets	$	1,980.6	$	1,753.8

Lease liabilities:
Finance leases (c)	$	405.7	$	484.0
Operating leases (d)	1,682.9		1,364.8
Total lease liabilities	$	2,088.6	$	1,848.8

_______________

A summary of our aggregate lease expense is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Finance lease expense:
Depreciation and amortization	$	14.7	$	17.2	$	49.5	$	55.8
Interest expense	6.4		7.2		20.3		23.9
Total finance lease expense	21.1		24.4		69.8		79.7
Operating lease expense (a)	56.1		38.5		168.8		164.7
Short-term lease expense (a)	1.0		1.1		3.1		4.0
Variable lease expense (b)	0.2		0.4		1.7		1.6
Total lease expense	$	78.4	$	64.4	$	243.4	$	250.0

_______________

A summary of our cash outflows from operating and finance leases is set forth below:




	Nine months ended September 30,
	2022		2021
	in millions

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	163.7	$	164.1
Operating cash outflows from finance leases (interest component)	20.3		23.9
Financing cash outflows from finance leases (principal component)	46.5		59.0
Total cash outflows from operating and finance leases	$	230.5	$	247.0

Maturities of our operating and finance lease liabilities as of September 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on September 30, 2022 exchange rates:


	Operating leases		Finance leases
	in millions

Year ending December 31:
2022 (remainder of year)	$	60.3	$	23.0
2023	183.4		92.4
2024	169.4		58.9
2025	160.4		55.5
2026	153.3		51.0
2027	146.8		46.1
Thereafter	1,323.8		198.8
Total payments	2,197.4		525.7
Less: present value discount	(514.5)		(120.0)
Present value of lease payments	$	1,682.9	$	405.7
Current portion	$	132.6	$	72.6
Long-term portion	$	1,550.3	$	333.1

Income Taxes

9 Months Ended

Sep. 30, 2022

Accrued Income Taxes [Abstract]

Income Taxes

Income tax expense attributable to our earnings from continuing operations before income taxes differs from the amounts computed using the applicable income tax rate as a result of the following factors:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Computed “expected” tax expense (a)	$	(474.3)	$	(60.4)	$	(1,139.8)	$	(2,533.3)
Non-deductible or non-taxable foreign currency exchange results	334.7		88.9		729.7		169.7
Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates (b)	103.7		99.3		364.1		75.1
International rate differences (c)	(33.9)		(39.5)		(150.3)		(81.1)
Non-deductible or non-taxable interest and other items	(19.6)		(12.3)		(85.8)		(50.7)
Change in valuation allowances	11.8		(19.1)		47.4		(107.6)
Tax benefit associated with technology innovation	5.1		5.7		16.4		17.2
Recognition of previously unrecognized tax benefits	—		—		—		20.5
Non-taxable gain (adjustment to gain) associated with the U.K. JV Transaction	—		(66.0)		—		2,050.2
Other, net	7.7		1.2		8.7		(4.2)
Total income tax expense	$	(64.8)	$	(2.2)	$	(209.6)	$	(444.2)

_______________

(a)The statutory or “expected” tax rate is the U.K. rate of 19.0%. On June 10, 2021, legislation was enacted in the U.K. to increase the U.K. corporate income rate to 25.0% from April 1, 2023. The impact of this rate change on our deferred tax balances was recorded during the second quarter of 2021. Effective January 1, 2022, the enacted corporate income tax rate in the Netherlands increased from 25.0% to 25.8%. This change did not have a material impact on our consolidated financial statements.

(b)Amounts reflect the net impact of differences in the treatment of income and loss items between financial reporting and tax accounting related to investments in subsidiaries and affiliates, including the effects of foreign earnings.

(c)Amounts reflect adjustments (either a benefit or expense) to the “expected” tax benefit (expense) for statutory rates in jurisdictions in which we operate outside of the U.K.

On August 16, 2022, the Inflation Reduction Act was signed into law in the U.S. Although this legislation does not increase the U.S. corporate income tax rate, it includes, among other provisions, a new corporate alternative minimum tax (CAMT) effective for tax years beginning after December 31, 2022. We do not anticipate the CAMT will have a material impact on our consolidated financial statements and have elected to disregard our CAMT status when evaluating our deferred tax assets under the regular U.S. tax system.

As of September 30, 2022, our unrecognized tax benefits were $431.9 million, of which $409.4 million would have a favorable impact on our effective income tax rate if ultimately recognized, after considering amounts that we would expect to be offset by valuation allowances and other factors. During the next 12 months, we expect an $11.0 million reduction to our unrecognized tax benefits related to tax positions taken as of September 30, 2022, substantially none of which would have a favorable impact on our effective income tax rate if ultimately recognized. No assurance can be given as to the nature or impact of any changes in our unrecognized tax positions during the next 12 months.

Certain of our subsidiaries are currently involved in income tax examinations in various jurisdictions in which we operate, including Belgium, Ireland and the U.S. While we do not expect adjustments from the foregoing examinations to have a material impact on our consolidated financial position, results of operations or cash flows, no assurance can be given that this will be the case given the amounts involved and the complex nature of the related issues.

On October 7, 2022, the U.S. Department of Justice filed suit against Liberty Global, Inc. (LGI), a wholly owned U.S. subsidiary of Liberty Global, in the U.S. District Court of Colorado for unpaid federal income taxes and penalties for the 2018 tax year of approximately $284 million. This action by the U.S. Department of Justice is related to the November 2020 complaint filed by LGI in the District Court of Colorado seeking a refund of approximately $110 million of taxes, penalties and interest associated with the application of certain temporary Treasury regulations issued in June 2019. No amounts have been accrued by LGI with respect to this matter. We will vigorously defend this matter and continue to actively pursue our claim for refund.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI https://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Equity	9 Months Ended
Equity	Sep. 30, 2022
Equity [Abstract]
Equity	Equity Share Repurchases. During the nine months ended September 30, 2022, we repurchased (i) 3,856,700 shares of our Class A ordinary shares at an average price per share of $21.55 and (ii) 62,747,813 shares of our Class C ordinary shares at an average price per share of $23.97, for an aggregate purchase price of $1,587.3 million, including direct acquisition costs. As of September 30, 2022, we have repurchased all of the shares authorized under the original share buyback plan for 2022. In July 2022, our board of directors authorized an additional $400.0 million for 2022 share repurchases and we have $114.6 million of that additional authorized amount remaining as of September 30, 2022. In addition, we are authorized to repurchase 10% of our shares during 2023 based on the total number of our outstanding shares as of December 31, 2022.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI https://asc.fasb.org/topic&trid=2208762

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008

+ Details

Share-based Compensation

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Share-based Compensation

Our share-based compensation expense primarily relates to the share-based incentive awards issued by Liberty Global to its employees and employees of its subsidiaries. A summary of our aggregate share-based compensation expense is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Liberty Global:
Non-performance based incentive awards (a)	$	31.4	$	31.4	$	96.5	$	116.2
Performance-based incentive awards (b)	—		11.9		7.1		50.3
Other (c)	9.7		7.8		22.3		22.2
Total Liberty Global	41.1		51.1		125.9		188.7
Other	1.6		6.9		17.5		31.9
Total	$	42.7	$	58.0	$	143.4	$	220.6
Included in:
Other operating expense	$	1.0	$	1.6	$	3.4	$	10.4
SG&A expense	41.7		56.4		140.0		210.2
Total	$	42.7	$	58.0	$	143.4	$	220.6

_______________

(a)In April 2021, with respect to 2014 and 2015 grants, the compensation committee of our board of directors approved the extension of the expiration dates of outstanding share appreciation rights (SARs) and director options from a seven-year term to a ten-year term. Accordingly, the Black-Scholes fair values of the respective outstanding awards increased,

resulting in the recognition of aggregate incremental share-based compensation expense of $22.7 million during the second quarter of 2021.

(b)Includes share-based compensation expense related to (i) our 2019 Challenge Performance Awards and (ii) in the 2021 periods, performance-based restricted share units (PSUs) and our 2019 CEO Performance Award.

(c)Represents annual incentive compensation and defined contribution plan liabilities that have been or are expected to be settled with Liberty Global ordinary shares. In the case of the annual incentive compensation, shares have been or will be issued to senior management and key employees pursuant to a shareholding incentive program. The shareholding incentive program allows these employees to elect to receive up to 100% of their annual incentive compensation in ordinary shares of Liberty Global in lieu of cash. In addition, amounts include compensation expense related to the Ventures Incentive Plans (as defined and described below).

The following table provides the aggregate number of options, SARs and performance-based share appreciation rights (PSARs) with respect to awards issued by Liberty Global that were (i) outstanding and (ii) exercisable as of September 30, 2022:


	Class A			Class C
	Gross number of shares underlying option, SAR and PSAR awards (a)	Weighted average exercise or base price		Gross number of shares underlying option, SAR and PSAR awards (a)	Weighted average exercise or base price

Held by Liberty Global employees:
Outstanding	25,412,528	$	26.92	59,394,995	$	26.07
Exercisable	18,025,425	$	28.16	38,810,843	$	27.06

Held by former Liberty Global employees (b):
Outstanding	1,657,050	$	31.31	3,812,478	$	29.59
Exercisable	1,578,680	$	31.75	3,655,773	$	29.92

_______________

(a)Amounts represent the gross number of shares associated with option, SAR and PSAR awards issued to our current and former employees and our directors. Our company settles SARs and PSARs on a net basis when exercised by the award holder, whereby the number of shares issued represents the excess value of the award based on the market price of the respective Liberty Global shares at the time of exercise relative to the award’s exercise price. In addition, the number of shares issued is further reduced by the amount of the employee’s required income tax withholding.

(b)Amounts represent certain share-based awards that continue to be held by former employees of Liberty Global subsequent to certain split-off or disposal transactions. Although future exercises of these awards by former employees will not result in the recognition of share-based compensation expense, such exercises will increase the number of our outstanding ordinary shares.

The following table provides the aggregate number of restricted share units (RSUs) that were outstanding as of September 30, 2022. The number of shares to be issued on the vesting date of these awards will be reduced by the amount of the employee’s required income tax withholding.


	Class A	Class B	Class C


Held by Liberty Global employees	2,030,337	7,890	4,060,073


Held by Former Liberty Global employees (a)	32,813	—	66,834

_______________

(a)Amounts represent certain share-based awards that continue to be held by former employees of Liberty Global subsequent to certain split-off or disposal transactions. The future vesting of these RSUs will increase the number of our outstanding ordinary shares.

2022 Ventures Incentive Plan

In April 2022, the compensation committee of our board of directors approved the “2022 Ventures Incentive Plan”. Structured similarly to the 2021 Ventures Incentive Plan, the 2022 Ventures Incentive Plan was provided to executive officers and other key employees and is based on the performance of the Liberty Global Ventures Portfolio (the “Portfolio”), which is measured by assessing the fair value of the Portfolio over a three-year period beginning December 31, 2021 and ending on December 31, 2024. Payout will be denominated in cash and will be assessed at the end of the three-year period using eligible participants’ initial contribution between 10% and 50% of their 2022 annual target equity value (which contributed amount is in lieu of their normal annual equity grant). The compensation committee has the discretion to settle the final payout amount in (i) cash or (ii) Liberty Global Class A and Class C ordinary shares based on the change in the Portfolio’s value. Subject to forfeitures, 100% of each participant’s payout under the 2022 Ventures Incentive Plan will vest on or around March 15, 2025. In order to receive the payout, participants are required to remain employed through the final vesting date. An initial fair value assessment was performed for the Portfolio as of December 31, 2021 by an independent third-party valuation specialist.

The 2022 Ventures Incentive Plan and 2021 Ventures Incentive Plan awards (together the Ventures Incentive Plans) are liability classified due to the fact that the final payout under these plans will be denominated in cash and may be settled in a variable number of shares. We recognize share-based compensation expense related to the Ventures Incentive Plans as a charge to operations on a straight-line basis, including any changes in expense due to the change in the fair value of the Portfolio on each assessment date, from the date of grant through the respective vesting dates. Our share of payroll taxes incurred in connection with the vesting of the Ventures Incentive Plans is recorded as a component of share-based compensation expense in our condensed consolidated statements of operations. The estimated fair value of the final payouts under our Ventures Incentive Plans are shown below:


	Vesting date	September 30, 2022
		in millions

2021 Ventures Incentive Plan	March 2024	$	16.0
2022 Ventures Incentive Plan	March 2025	9.6
Total		$	25.6

Earnings per Share

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings per Share

Basic earnings or loss per share (EPS) is computed by dividing net earnings or loss by the weighted average number of shares outstanding for the period. Diluted EPS presents the dilutive effect, if any, on a per share basis of potential shares (e.g., options, SARs, RSUs, PSARs and PSUs) as if they had been exercised, vested or converted at the beginning of the periods presented.

The details of our basic and diluted weighted average ordinary shares outstanding are set forth below:


	Three months ended September 30,		Nine months ended September 30,
	2022	2021	2022	2021

Weighted average ordinary shares outstanding (basic EPS computation)	477,176,983	551,973,418	499,476,564	561,295,200
Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method)	5,338,957	13,071,058	8,403,044	13,131,584
Weighted average ordinary shares outstanding (diluted EPS computation)	482,515,940	565,044,476	507,879,608	574,426,784

The calculation of diluted EPS excludes aggregate options, SARs and RSUs of 80.4 million and 51.5 million for the three months ended September 30, 2022 and 2021, respectively, and a total of 60.1 million and 51.5 million for the nine months ended September 30, 2022 and 2021, respectively, because their effect would have been anti-dilutive.

The details of our net earnings from continuing operations attributable to Liberty Global shareholders is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Earnings from continuing operations	$	2,431.7	$	315.6	$	5,789.6	$	12,889.2
Net earnings from continuing operations attributable to noncontrolling interests	(83.7)		(41.6)		(500.2)		(142.8)
Net earnings from continuing operations attributable to Liberty Global shareholders	$	2,348.0	$	274.0	$	5,289.4	$	12,746.4

Commitments and Contingencies

9 Months Ended

Sep. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments

In the normal course of business, we enter into agreements that commit our company to make cash payments in future periods with respect to network and connectivity commitments, purchases of customer premises and other equipment and services, programming contracts and other items. The following table sets forth the U.S. dollar equivalents of such commitments as of September 30, 2022. The commitments included in this table do not reflect any liabilities that are included on our September 30, 2022 condensed consolidated balance sheet.


	Payments due during:
	Remainder of 2022
			2023		2024		2025		2026		2027		Thereafter		Total
	in millions

Network and connectivity commitments	$	65.3	$	192.9	$	153.6	$	113.4	$	68.9	$	65.4	$	757.8	$	1,417.3
Purchase commitments	172.1		259.3		51.0		29.5		13.1		0.9		0.5		526.4
Programming commitments	48.3		129.5		110.6		67.1		44.6		17.3		—		417.4
Other commitments	27.4		56.8		31.8		32.4		32.0		26.1		108.1		314.6
Total	$	313.1	$	638.5	$	347.0	$	242.4	$	158.6	$	109.7	$	866.4	$	2,675.7

Network and connectivity commitments include (i) Telenet’s commitments for certain operating costs associated with its leased network and (ii) certain network capacity arrangements in Switzerland. Telenet’s commitments for certain operating costs are subject to adjustment based on changes in the network operating costs incurred by Telenet with respect to its own networks. These potential adjustments are not subject to reasonable estimation and, therefore, are not included in the above table.

Purchase commitments include unconditional and legally binding obligations related to (i) certain service-related commitments, including information technology, maintenance and call center services and (ii) the purchase of customer premises, network and other equipment.

Programming commitments consist of obligations associated with certain of our programming, studio output and sports rights contracts that are enforceable and legally binding on us as we have agreed to pay minimum fees without regard to (i) the actual number of subscribers to the programming services, (ii) whether we terminate service to a portion of our subscribers or dispose of a portion of our distribution systems or (iii) whether we discontinue our premium sports services. Programming commitments do not include increases in future periods associated with contractual inflation or other price adjustments that are not fixed. Accordingly, the amounts reflected in the above table with respect to these contracts are significantly less than the amounts we expect to pay in these periods under these contracts. Historically, payments to programming vendors have represented a significant portion of our operating costs, and we expect this will continue to be the case in future periods. In this regard, our total programming and copyright costs aggregated $368.8 million and $957.9 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction) during the nine months ended September 30, 2022 and 2021, respectively.

In addition to the commitments set forth in the table above, we have significant commitments under (i) derivative instruments and (ii) defined benefit plans and similar agreements, pursuant to which we expect to make payments in future periods. For information regarding our derivative instruments, including the net cash paid or received in connection with these instruments during the nine months ended September 30, 2022 and 2021, see note 6.

We also have commitments pursuant to agreements with, and obligations imposed by, franchise authorities and municipalities, which may include obligations in certain markets to move aerial cable to underground ducts or to upgrade, rebuild or extend portions of our broadband communication systems. Such amounts are not included in the above table because they are not fixed or determinable.

Guarantees and Other Credit Enhancements

In the ordinary course of business, we may provide (i) indemnifications to our lenders, our vendors and certain other parties and (ii) performance and/or financial guarantees to local municipalities, our customers and vendors. Historically, these arrangements have not resulted in our company making any material payments and we do not believe that they will result in material payments in the future.

Legal and Regulatory Proceedings and Other Contingencies

Interkabel Acquisition. On November 26, 2007, Telenet and four associations of municipalities in Belgium, which we refer to as the pure intercommunales or the “PICs,” announced a non-binding agreement-in-principle to transfer the analog and digital television activities of the PICs, including all existing subscribers, to Telenet. Subsequently, Telenet and the PICs entered into a binding agreement (the 2008 PICs Agreement), which closed effective October 1, 2008. Beginning in December 2007, Proximus NV/SA (Proximus), the incumbent telecommunications operator in Belgium, instituted several proceedings seeking to block implementation of these agreements. Proximus lodged summary proceedings with the President of the Court of First Instance of Antwerp to obtain a provisional injunction preventing the PICs from effecting the agreement-in-principle and initiated a civil procedure on the merits claiming the annulment of the agreement-in-principle. In March 2008, the President of the Court of First Instance of Antwerp ruled in favor of Proximus in the summary proceedings, which ruling was overturned by the Court of Appeal of Antwerp in June 2008. Proximus brought an appeal judgment before the Belgian Supreme Court, which confirmed the appeal judgment in September 2010. On April 6, 2009, the Court of First Instance of Antwerp ruled in favor of the PICs and Telenet in the civil procedure on the merits, dismissing Proximus’ request for the rescission of the agreement-in-principle and the 2008 PICs Agreement. On June 12, 2009, Proximus appealed this judgment to the Court of Appeal of Antwerp. In this appeal, Proximus also sought compensation for damages. While these proceedings were suspended indefinitely, other proceedings were initiated, which resulted in a ruling by the Belgian Council of State in May 2014 annulling (i) the decision of the PICs not to organize a public market consultation and (ii) the decision from the PICs’ board of directors to approve the 2008 PICs Agreement. In December 2015, Proximus resumed the civil proceedings pending with the Court of Appeal of Antwerp seeking to have the 2008 PICs Agreement annulled and claiming damages of €1.4 billion ($1.4 billion). On December 18, 2017, the Court of Appeal of Antwerp rejected Proximus’ claim in its entirety. On June 28, 2019, Proximus brought this appeal judgment before the Belgian Supreme Court. On January 22, 2021, the Belgian Supreme Court partially annulled the judgment of the Court of Appeal of Antwerp. The case was referred to the Court of Appeal of Brussels and is currently pending with this Court which will need to make a new decision on the matter within the boundaries of the annulment by the Belgian Supreme Court. It is likely that it will take the Court of Appeal of Brussels several years to decide on the matter.

No assurance can be given as to the outcome of these or other proceedings. However, an unfavorable outcome of existing or future proceedings could potentially lead to the annulment of the 2008 PICs Agreement. We do not expect the ultimate resolution of this matter to have a material impact on our results of operations, cash flows or financial position. No amounts have been accrued by us with respect to this matter as the likelihood of loss is not considered to be probable.

Telekom Deutschland Litigation. On December 28, 2012, Unitymedia filed a lawsuit against Telekom Deutschland GmbH (Telekom Deutschland) in which Unitymedia asserted that it pays excessive prices for the co-use of Telekom Deutschland’s cable ducts in Unitymedia’s footprint. The Federal Network Agency approved rates for the co-use of certain ducts of Telekom Deutschland in March 2011. Based in part on these approved rates, Unitymedia sought a reduction of the annual lease fees by approximately five-sixths. In addition, Unitymedia sought the return of similarly calculated overpayments from 2009 through the ultimate settlement date, plus accrued interest. In October 2016, the first instance court dismissed this action, and in March 2018, the court of appeal dismissed Unitymedia’s appeal of the first instance court’s decision. Unitymedia has since successfully appealed the case to the Federal Court of Justice, and proceedings continue before the German courts. The resolution of this matter may take several years and no assurance can be given that Unitymedia’s claims will be successful. In connection with our sale of the Vodafone Disposal Group in 2019, we will only share in 50% of any amounts recovered, plus 50% of the net present value of certain cost savings in future periods that are attributable to the favorable resolution of this matter, less 50% of associated legal or other third-party fees paid post-completion of the sale of the Vodafone Disposal Group. Any amount we may recover related to this matter will not be reflected in our consolidated financial statements until such time as the final disposition of this matter has been reached.

Belgium Regulatory Developments. In June 2018, the Belgisch Instituut voor Post en Telecommunicatie and the regional regulators for the media sectors (together, the Belgium Regulatory Authorities) adopted a new decision finding that Telenet has significant market power in the wholesale broadband market (the 2018 Decision). The 2018 Decision imposes on Telenet the obligations to (i) provide third-party operators with access to the digital television platform (including basic digital video and analog video) and (ii) make available to third-party operators a bitstream offer of broadband internet access (including fixed-line telephony as an option). Unlike prior decisions, the 2018 Decision no longer applies “retail minus” pricing on Telenet; however, as of August 1, 2018, this decision imposed a 17% interim price reduction in monthly wholesale cable access prices. On July 5, 2019, the Belgium Regulatory Authorities published for consultation a draft decision regarding “reasonable access tariffs” that would replace the interim prices. On May 26, 2020, the Belgium Regulatory Authorities adopted a final decision regarding the “reasonable access tariffs” (the 2020 Decision) that represents, for example, a decrease of 11.5% as compared to the interim rates for a 100 Mbps offer combined with television. These rates are expected to evolve over time due to, among other reasons, broadband capacity usage. The 2020 Decision became effective on July 1, 2020.

The 2020 Decision aims to, and in its application may, strengthen Telenet’s competitors by granting them resale access to Telenet’s network to offer competing products and services notwithstanding Telenet’s substantial historical financial outlays in developing the infrastructure. In addition, any resale access granted to competitors could (i) limit the bandwidth available to Telenet to provide new or expanded products and services to the customers served by its network and (ii) adversely impact Telenet’s ability to maintain or increase its revenue and cash flows. The extent of any such adverse impacts ultimately will be dependent on the extent that competitors take advantage of the resale access afforded to Telenet’s network, the rates that Telenet receives for such access and other competitive factors or market developments. Telenet considers the 2018 Decision to be inconsistent with the principle of technology-neutral regulation and the European Single Market Strategy to stimulate further investments in broadband networks. Telenet challenged the 2018 Decision in the Court of Appeal of Brussels and also initiated an action in the European Court of Justice against the European Commission’s decision not to challenge the 2018 Decision. The proceedings before the European Court of Justice have been withdrawn by Telenet in order to avoid undue delays in the Court of Appeal case. In a decision issued on September 4, 2019, the Court of Appeal of Brussels upheld the 2018 Decision.

UPC Austria Matter. On July 31 2018, we completed the sale of our Austrian operations, “UPC Austria,” to Deutsche Telekom AG (Deutsche Telekom). In October 2019, we received notification under the terms of the relevant acquisition agreements from Deutsche Telekom and its subsidiary, T-Mobile Austria Holding GmbH, (together, the UPC Austria Sale Counterparties), asserting claims that totaled €126.3 million ($123.6 million), plus interest, as of June 30, 2022. In July 2022, we agreed with the UPC Austria Sale Counterparties to resolve the matter, the terms of which were not material to us and were accrued in our condensed consolidated financial statements during the second quarter of 2022.

Other Contingency Matters. In connection with the dispositions of certain of our operations, we provided tax indemnities to the counterparties for certain tax liabilities that could arise from the period we owned the respective operations, subject to certain thresholds. While we have not received notification from the counterparties for indemnification, it is reasonably possible that we could, and the amounts involved could be significant. No amounts have been accrued by our company as the likelihood of any loss is not considered to be probable. Further, Liberty Global may be entitled to certain amounts that our disposed operations may recover from taxing authorities. Any such amounts will not be reflected in our consolidated financial statements until such time as the final disposition of such matters has been reached.

Other Regulatory Matters. Video distribution, broadband internet, fixed-line telephony, mobile and content businesses are regulated in each of the countries in which we or our affiliates operate. The scope of regulation varies from country to country, although in some significant respects regulation in European markets is harmonized under the regulatory structure of the European Union (E.U.). Adverse regulatory developments could subject our businesses to a number of risks. Regulation, including conditions imposed on us by competition or other authorities as a requirement to close acquisitions or dispositions, could limit growth, revenue and the number and types of services offered and could lead to increased operating costs and property and equipment additions. Regulation may also restrict our operations and subject them to further competitive pressure, including pricing restrictions, interconnect and other access obligations, and restrictions or controls on content, including content provided by third parties. Failure to comply with current or future regulation could expose our businesses to various penalties. In addition to the foregoing items, we have contingent liabilities related to matters arising in the ordinary course of business including (i) legal proceedings, (ii) issues involving VAT and wage, property, withholding and other tax issues and (iii) disputes over interconnection, programming, copyright and channel carriage fees. While we generally expect that the amounts required to satisfy these contingencies will not materially differ from any estimated amounts we have accrued, no assurance can be given that the resolution of one or more of these contingencies will not result in a material impact on our results of operations, cash flows or financial position in any given period. Due, in general, to the complexity of the issues involved and, in certain cases, the lack of a clear basis for predicting outcomes, we cannot provide a meaningful range of potential losses or cash outflows that might result from any unfavorable outcomes.

Segment Reporting

9 Months Ended

Sep. 30, 2022

Segment Reporting, Measurement Disclosures [Abstract]

Segment Reporting

We generally identify our reportable segments as (i) those consolidated subsidiaries that represent 10% or more of our revenue, Adjusted EBITDA (as defined below) or total assets or (ii) those equity method affiliates where our investment or share of revenue or Adjusted EBITDA represents 10% or more of our total assets, revenue or Adjusted EBITDA, respectively. In certain cases, we may elect to include an operating segment in our segment disclosure that does not meet the above-described criteria for a reportable segment. We evaluate performance and make decisions about allocating resources to our operating segments based on financial measures such as revenue and Adjusted EBITDA. In addition, we review non-financial measures such as customer growth, as appropriate.

Adjusted EBITDA is the primary measure used by our chief operating decision maker to evaluate segment operating performance and is also a key factor that is used by our internal decision makers to (i) determine how to allocate resources to segments and (ii) evaluate the effectiveness of our management for purposes of annual and other incentive compensation plans. As we use the term, “Adjusted EBITDA” is defined as earnings (loss) from continuing operations before net income tax benefit (expense), other non-operating income or expenses, net share of results of affiliates, net gains (losses) on extinguishment of debt, net realized and unrealized gains (losses) due to changes in fair values of certain investments, net foreign currency gains (losses), net gains (losses) on derivative instruments, net interest expense, depreciation and amortization, share-based compensation, provisions and provision releases related to significant litigation and impairment, restructuring and other operating items. Other operating items include (a) gains and losses on the disposition of long-lived assets, (b) third-party costs directly associated with successful and unsuccessful acquisitions and dispositions, including legal, advisory and due diligence fees, as applicable, and (c) other acquisition-related items, such as gains and losses on the settlement of contingent consideration. Our internal decision makers believe Adjusted EBITDA is a meaningful measure because it represents a transparent view of our recurring operating performance that is unaffected by our capital structure and allows management to (1) readily view operating trends, (2) perform analytical comparisons and benchmarking between segments and (3) identify strategies to improve operating performance in the different countries in which we operate. A reconciliation of earnings or loss from continuing operations to Adjusted EBITDA is presented below.

As of September 30, 2022, our reportable segments are as follows:

Consolidated:

•Switzerland

•Belgium

•Ireland

Nonconsolidated:

•VMO2 JV

•VodafoneZiggo JV

All of our reportable segments derive their revenue primarily from residential and B2B communications services, including broadband internet, video, fixed-line telephony and mobile services.

Our “Central and Other” category primarily includes (i) our operations in Slovakia, (ii) services provided to the VMO2 JV, the VodafoneZiggo JV and various third parties related to transitional service agreements, (iii) sales of customer premises equipment to the VodafoneZiggo JV and (iv) certain centralized functions, including billing systems, network operations, technology, marketing, facilities, finance and other administrative functions.

We present only the reportable segments of our continuing operations in the tables below.

Performance Measures of Our Reportable Segments

The amounts presented below represent 100% of each of our reportable segment’s revenue and Adjusted EBITDA. As we have the ability to control Telenet, we consolidate 100% of Telenet’s revenue and expenses in our condensed consolidated statements of operations despite the fact that third parties own a significant interest. The noncontrolling owners’ interests in the operating results of Telenet and other less significant majority-owned subsidiaries are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Similarly, despite only holding a 50% noncontrolling interest in both the VMO2 JV and the VodafoneZiggo JV, we present 100% of the revenue and Adjusted EBITDA of those entities in the tables below. Our share of the operating results of the VMO2 JV and the VodafoneZiggo JV is included in share of results of affiliates, net, in our condensed consolidated statements of operations.


	Revenue
	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Switzerland	$	789.8	$	830.2	$	2,377.3	$	2,497.4
Belgium	665.1		755.4		2,078.6		2,302.9
Ireland	116.1		136.0		365.4		406.2
U.K. (a)	—		—		—		2,736.4
Central and Other	177.4		181.4		539.4		458.7
Intersegment eliminations	(2.1)		(1.6)		(6.9)		(11.1)
Total	$	1,746.3	$	1,901.4	$	5,353.8	$	8,390.5

VMO2 JV (b)	$	3,042.1	$	3,614.0	$	9,642.7	$	4,822.5
VodafoneZiggo JV	$	1,041.7	$	1,206.1	$	3,237.3	$	3,638.4

_______________

(a)The amount for the 2021 nine-month period represents the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(b)The amount for the 2021 nine-month period represents the revenue of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.


	Adjusted EBITDA
	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Switzerland	$	302.5	$	330.8	$	880.2	$	910.9
Belgium	318.7		369.1		989.4		1,130.5
Ireland	49.6		59.1		152.5		160.7
U.K. (a)	—		—		—		1,085.3
Central and Other	(6.8)		1.5		(23.6)		(15.8)
Intersegment eliminations (b)	—		(2.0)		(0.4)		1.6
Total	$	664.0	$	758.5	$	1,998.1	$	3,273.2

VMO2 JV (c)	$	1,060.5	$	1,180.3	$	3,515.2	$	1,591.3
VodafoneZiggo JV	$	501.4	$	578.1	$	1,530.1	$	1,713.4

_______________

(a)The amount for the 2021 nine-month period represents the Adjusted EBITDA of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(b)Amounts relate to transactions between our continuing and discontinued operations.

(c)The amount for the 2021 nine-month period represents the Adjusted EBITDA of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

The following table provides a reconciliation of earnings from continuing operations to Adjusted EBITDA:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Earnings from continuing operations	$	2,431.7	$	315.6	$	5,789.6	$	12,889.2
Income tax expense	64.8		2.2		209.6		444.2
Other income, net	(21.7)		(8.2)		(60.2)		(25.6)
Gain on AtlasEdge JV Transactions	—		(213.7)		—		(213.7)
(Gain) adjustment to gain on U.K. JV Transaction	—		347.3		—		(10,790.7)
Gain on Telenet Tower Sale	(7.1)		—		(700.4)		—
Share of results of affiliates, net	(501.0)		29.2		(812.6)		35.6
Losses (gains) on debt extinguishment, net	—		—		(2.8)		90.6
Realized and unrealized losses (gains) due to changes in fair values of certain investments, net	2.1		109.4		207.7		(373.3)
Foreign currency transaction gains, net	(1,462.7)		(422.4)		(3,186.4)		(857.6)
Realized and unrealized gains on derivative instruments, net	(546.9)		(199.3)		(1,669.1)		(707.4)
Interest expense	149.7		140.9		416.8		748.1
Operating income	108.9		101.0		192.2		1,239.4
Impairment, restructuring and other operating items, net	6.4		17.2		74.1		68.4
Depreciation and amortization	506.0		582.3		1,588.4		1,744.8
Share-based compensation expense	42.7		58.0		143.4		220.6
Adjusted EBITDA	$	664.0	$	758.5	$	1,998.1	$	3,273.2

Property and Equipment Additions of our Reportable Segments

The property and equipment additions of our reportable segments (including capital additions financed under capital-related vendor financing or finance lease arrangements) are presented below and reconciled to the capital expenditure amounts included in our condensed consolidated statements of cash flows. For additional information concerning capital additions financed under vendor financing and finance lease arrangements, see notes 8 and 10, respectively.


	Nine months ended September 30,
	2022		2021
	in millions

Switzerland	$	395.8	$	413.1
Belgium	433.9		424.5
Ireland	83.4		61.9
U.K. (a)	—		557.4
Central and Other (b)	176.5		226.9
Total property and equipment additions	1,089.6		1,683.8
Assets acquired under capital-related vendor financing arrangements	(142.9)		(599.6)
Assets acquired under finance leases	(25.8)		(27.8)
Changes in current liabilities related to capital expenditures	8.4		58.0
Total capital expenditures, net	$	929.3	$	1,114.4

Property and equipment additions:
VMO2 JV (c)	$	2,053.7	$	898.8
VodafoneZiggo JV	$	683.7	$	705.0

_______________

(a)The 2021 amount represents the property and equipment additions of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(b)Includes (i) property and equipment additions representing centrally-owned assets that benefit our operating segments, (ii) the net impact of certain centrally-procured network equipment that is ultimately transferred to our operating segments and (iii) property and equipment additions of our operations in Slovakia.

(c)The 2021 amount represents the property and equipment additions of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

Revenue by Major Category

Our revenue by major category for our consolidated reportable segments is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Residential revenue:
Residential fixed revenue (a):
Subscription revenue (b):
Broadband internet	$	336.1	$	366.4	$	1,037.5	$	2,008.5
Video	261.3		302.6		817.2		1,537.5
Fixed-line telephony	91.6		111.4		291.1		732.5
Total subscription revenue	689.0		780.4		2,145.8		4,278.5
Non-subscription revenue	21.4		25.5		74.2		127.9
Total residential fixed revenue	710.4		805.9		2,220.0		4,406.4
Residential mobile revenue (c):
Subscription revenue (b)	356.5		376.0		1,056.7		1,271.3
Non-subscription revenue	126.8		150.0		387.9		627.2
Total residential mobile revenue	483.3		526.0		1,444.6		1,898.5
Total residential revenue	1,193.7		1,331.9		3,664.6		6,304.9
B2B revenue (d):
Subscription revenue	127.4		139.1		387.6		482.1
Non-subscription revenue	214.0		207.4		644.7		1,011.3
Total B2B revenue	341.4		346.5		1,032.3		1,493.4
Other revenue (e)	211.2		223.0		656.9		592.2
Total	$	1,746.3	$	1,901.4	$	5,353.8	$	8,390.5

_______________

(a)Residential fixed subscription revenue includes amounts received from subscribers for ongoing services and the recognition of deferred installation revenue over the associated contract period. Residential fixed non-subscription revenue includes, among other items, channel carriage fees, late fees and revenue from the sale of equipment.

(b)Residential subscription revenue from subscribers who purchase bundled services at a discounted rate is generally allocated proportionally to each service based on the standalone price for each individual service. As a result, changes in the standalone pricing of our fixed and mobile products or the composition of bundles can contribute to changes in our product revenue categories from period to period.

(c)Residential mobile subscription revenue includes amounts received from subscribers for ongoing services. Residential mobile non-subscription revenue includes, among other items, interconnect revenue and revenue from sales of mobile handsets and other devices.

(d)B2B subscription revenue represents revenue from (i) services provided to certain small or home office (SOHO) subscribers and (ii) mobile services provided to medium and large enterprises. SOHO subscribers pay a premium price to receive expanded service levels along with broadband internet, video, fixed-line telephony or mobile services that are the same or similar to the mass marketed products offered to our residential subscribers. B2B non-subscription revenue includes (a) revenue from business broadband internet, video, fixed-line telephony and data services offered to medium

and large enterprises and, fixed-line and mobile services on a wholesale basis, to other operators and (b) revenue from long-term leases of portions of our network.

(e)Other revenue includes, among other items, (i) revenue earned from the U.K. JV Services, the NL JV Services and the sale of customer premises equipment to the VodafoneZiggo JV, (ii) broadcasting revenue in Belgium and Ireland and (iii) revenue earned from transitional and other services provided to various third parties.

Geographic Segments

The revenue of our geographic segments is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Switzerland	$	789.8	$	830.2	$	2,377.3	$	2,497.4
Belgium	665.1		755.4		2,078.6		2,302.9
Ireland	116.1		136.0		365.4		406.2
Slovakia	12.0		12.9		37.3		39.1
U.K. (a)	—		—		—		2,736.4
Other, including intersegment eliminations	163.3		166.9		495.2		408.5
Total	$	1,746.3	$	1,901.4	$	5,353.8	$	8,390.5

VMO2 JV (U.K.) (b)	$	3,042.1	$	3,614.0	$	9,642.7	$	4,822.5
VodafoneZiggo JV (Netherlands)	$	1,041.7	$	1,206.1	$	3,237.3	$	3,638.4

______________

(a)The amount for the 2021 nine-month period represents the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(b)The amount for the 2021 nine-month period represents the revenue of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI https://asc.fasb.org/topic&trid=2134510

+ Details

Recent Accounting Pronouncements (Policies)	9 Months Ended
Recent Accounting Pronouncements (Policies)	Sep. 30, 2022
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	ASU 2022-04 In September 2022, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2022-04, Liabilities—Supplier Finance Programs (ASU 2022-04), which requires additional disclosures for buyers participating in supplier financing programs, which we refer to as vendor financing, including (i) the key terms of the arrangement, (ii) the confirmed amount outstanding at the end of the period, (iii) the balance sheet presentation of related amounts and (iv) a reconciliation of the balances from period to period. ASU 2022-04 is effective for annual reporting periods beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. We do not expect ASU 2022-04 to have a significant impact on our consolidated financial statements. For additional information regarding our vendor financing obligations, see note 9. ASU 2021-08 In October 2021, the FASB issued ASU No. 2021-08, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (ASU 2021-08), which requires contract assets and contract liabilities acquired in a business combination to be recognized and measured in accordance with Topic 606, Revenue from Contracts with Customers, as if the acquirer had originated the contracts. ASU 2021-08 is effective for annual reporting periods beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The main impact of the adoption of ASU 2021-08 will be the recognition of contract assets and contract liabilities in future business combinations at amounts generally consistent with the carrying value of such assets and liabilities of the acquiree immediately before the acquisition date. ASU 2020-04 In April 2020, the FASB issued ASU No. 2020-04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting (ASU 2020-04), which provides optional expedients and exceptions for contract modifications, subject to meeting certain criteria, that reference the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued. In accordance with the optional expedients in ASU 2020-04, we have modified certain of our debt agreements during 2022 to replace LIBOR with another reference rate and applied the practical expedient to account for the modification as a continuation of the existing contract. The use of optional expedients in ASU 2020-04 has not had a significant impact on our consolidated financial statements to date. For additional information regarding our debt, see note 9.
Revenue Recognition and Related Costs	Contract Balances The timing of our recognition of revenue may differ from the timing of invoicing our customers. We record a trade receivable when we have transferred goods or services to a customer but have not yet received payment. Our trade receivables are reported net of an allowance for doubtful accounts. Such allowance aggregated $40.3 million and $42.0 million at September 30, 2022 and December 31, 2021, respectively. If we transfer goods or services to a customer but do not have an unconditional right to payment, we record a contract asset. Contract assets typically arise from the uniform recognition of introductory promotional discounts over the contract period and accrued revenue for handset sales. Our contract assets were $27.1 million and $29.7 million as of September 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our contract asset balances are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We record deferred revenue when we receive payment prior to transferring goods or services to a customer. We primarily defer revenue for (i) installation and other upfront services and (ii) other services that are invoiced prior to when services are provided. Our deferred revenue balances were $278.8 million and $286.5 million as of September 30, 2022 and December 31, 2021, respectively. The decrease in deferred revenue for the nine months ended September 30, 2022 is primarily due to the net effect of (a) the impact of additions during the period and (b) the recognition of $207.9 million of revenue that was included in our deferred revenue balance at December 31, 2021. The long-term portions of our deferred revenue balances are included within other long-term liabilities on our condensed consolidated balance sheets. Contract Costs Our aggregate assets associated with incremental costs to obtain and fulfill our contracts were $63.4 million and $63.4 million at September 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our assets related to contract costs are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We amortized $3.9 million and $12.5 million during the three and nine months ended September 30, 2022, respectively, and $4.9 million and $76.7 million during the three and nine months ended September 30, 2021, respectively, to operating costs and expenses related to these assets. Unsatisfied Performance Obligations A large portion of our revenue is derived from customers who are not subject to contracts. Revenue from customers who are subject to contracts is generally recognized over the term of such contracts, which is typically 12 months for our residential service contracts, one to three years for our mobile service contracts and one to five years for our B2B service contracts.
Leases	GeneralWe enter into operating and finance leases for network equipment, real estate, mobile site sharing and vehicles. We provide residual value guarantees on certain of our vehicle leases.

- Definition

Disclosure of accounting policy for revenue from contract with customer.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 17
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130561-203045

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130566-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130563-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI https://asc.fasb.org/topic&trid=49130388

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130566-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130563-203045

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=126899994&loc=d3e18823-107790

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130566-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 19
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130564-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 20
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130566-203045

+ Details

Acquisitions and Dispositions (Tables)

9 Months Ended

Sep. 30, 2022

Acquisitions and Dispositions [Abstract]

Classes of Assets and Liabilities Held for Sale

The carrying amounts of the major classes of assets and liabilities of UPC Poland as of December 31, 2021 are summarized in the following table (in millions):


Assets:
Current assets	$	23.4
Property and equipment, net	406.8
Goodwill	464.7
Other assets, net	30.1
Total assets	$	925.0

Liabilities:
Current portion of debt and finance lease obligations	$	42.7
Other accrued and current liabilities	97.3
Long-term debt and finance lease obligations	5.0
Other long-term liabilities	56.3
Total liabilities	$	201.3


	Three months ended September 30, 2021		Nine months ended September 30,
			2022 (a)		2021
	in millions

Revenue	$	113.2	$	109.5	$	344.9
Operating income	$	31.6	$	45.0	$	83.9
Earnings before income taxes	$	29.5	$	43.9	$	82.0
Income tax expense	(26.4)		(9.3)		(37.7)
Net earnings attributable to Liberty Global shareholders	$	3.1	$	34.6	$	44.3

_______________

(a)Includes the operating results of UPC Poland from January 1, 2022 through April 1, 2022, the date UPC Poland was sold.

Equity Method Investments

The opening balance sheet presented below reflects the final purchase price allocation (in millions):


Current assets	$	4,186.7
Property and equipment, net	12,523.2
Goodwill	29,502.7
Intangible assets subject to amortization, net	13,274.6
Other assets, net	4,116.2
Current portion of debt and finance lease obligations	(4,352.5)
Other accrued and current liabilities	(5,780.8)
Long-term debt and finance lease obligations	(21,879.2)
Other long-term liabilities	(2,170.9)
Total fair value of the net assets of the VMO2 JV	$	29,420.0

The following table sets forth the details of our share of results of affiliates, net:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

VMO2 JV (a)	$	398.5	$	(10.4)	$	616.4	$	(10.7)
VodafoneZiggo JV (b)	92.6		(2.6)		224.6		6.8
All3Media	(10.2)		(3.4)		(27.1)		(18.2)
Formula E	(15.1)		(10.9)		(16.8)		(6.5)
AtlasEdge JV	(5.2)		—		(13.3)		—
Other, net	40.4		(1.9)		28.8		(7.0)
Total	$	501.0	$	(29.2)	$	812.6	$	(35.6)

_______________

(b)Represents (i) our 50% share of the results of operations of the VodafoneZiggo JV and (ii) 100% of the interest income earned on the VodafoneZiggo JV Receivables.

The summarized results of operations of the VMO2 JV are set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021 (a)
	in millions

Revenue	$	3,042.1	$	3,614.0	$	9,642.7	$	4,822.5
Earnings (loss) before income taxes	$	1,178.7	$	56.3	$	1,646.4	$	(112.2)
Net earnings (loss)	$	832.2	$	31.9	$	1,238.7	$	(2.7)

_______________

(a)Includes the operating results of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

The summarized results of operations of the VodafoneZiggo JV are set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Revenue	$	1,041.7	$	1,206.1	$	3,237.3	$	3,638.4
Earnings (loss) before income taxes	$	232.5	$	(32.9)	$	585.2	$	(73.9)
Net earnings (loss)	$	171.7	$	(24.7)	$	390.6	$	(56.3)

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI https://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI https://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760

+ Details

Investments (Tables)

9 Months Ended

Sep. 30, 2022

Investments [Abstract]

Schedule of Investments by Accounting Method

The details of our investments are set forth below:


Accounting Method	September 30, 2022		December 31, 2021		Ownership (a)
	in millions				%
Equity (b):
Long-term:
VMO2 JV	$	11,478.8	$	13,774.7	50.0
VodafoneZiggo JV (c)	2,214.4		2,572.4		50.0
AtlasEdge JV	129.2		163.7		47.5
All3Media Group (All3Media)	118.4		143.7		50.0
Formula E Holdings Ltd (Formula E)	83.0		115.9		35.9
Other	245.9		174.8
Total — equity	14,269.7		16,945.2
Fair value:
Short-term:
Separately-managed accounts (SMAs) (d)	2,149.0		2,269.6
Long-term:
Televisa Univision, Inc. (Televisa Univision) (e)	385.5		385.5		6.3
Lacework Inc. (Lacework)	269.1		269.1		3.3
ITV plc (ITV)	254.1		596.3		9.9
SMAs (d)	225.8		531.7
Plume Design, Inc. (Plume)	188.8		188.8		11.5
EdgeConneX Inc. (EdgeConneX)	177.7		138.7		5.1
Pax8 Inc. (Pax8)	99.0		14.7		5.9
Aviatrix Systems, Inc. (Aviatrix)	78.2		78.2		3.8
CANAL+ Polska S.A.	57.5		70.8		17.0
Lions Gate Entertainment Corp (Lionsgate)	47.5		105.9		2.9
Other	379.3		378.1
Total — fair value	4,311.5		5,027.4
Total investments (f)	$	18,581.2	$	21,972.6
Short-term investments	$	2,149.0	$	2,269.6
Long-term investments	$	16,432.2	$	19,703.0

_______________

(f)The purchase and sale of investments are presented on a gross basis in our condensed consolidated statements of cash flows, including amounts associated with SMAs.

Equity Method Investments

The opening balance sheet presented below reflects the final purchase price allocation (in millions):


Current assets	$	4,186.7
Property and equipment, net	12,523.2
Goodwill	29,502.7
Intangible assets subject to amortization, net	13,274.6
Other assets, net	4,116.2
Current portion of debt and finance lease obligations	(4,352.5)
Other accrued and current liabilities	(5,780.8)
Long-term debt and finance lease obligations	(21,879.2)
Other long-term liabilities	(2,170.9)
Total fair value of the net assets of the VMO2 JV	$	29,420.0

The following table sets forth the details of our share of results of affiliates, net:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

VMO2 JV (a)	$	398.5	$	(10.4)	$	616.4	$	(10.7)
VodafoneZiggo JV (b)	92.6		(2.6)		224.6		6.8
All3Media	(10.2)		(3.4)		(27.1)		(18.2)
Formula E	(15.1)		(10.9)		(16.8)		(6.5)
AtlasEdge JV	(5.2)		—		(13.3)		—
Other, net	40.4		(1.9)		28.8		(7.0)
Total	$	501.0	$	(29.2)	$	812.6	$	(35.6)

_______________

(b)Represents (i) our 50% share of the results of operations of the VodafoneZiggo JV and (ii) 100% of the interest income earned on the VodafoneZiggo JV Receivables.

The summarized results of operations of the VMO2 JV are set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021 (a)
	in millions

Revenue	$	3,042.1	$	3,614.0	$	9,642.7	$	4,822.5
Earnings (loss) before income taxes	$	1,178.7	$	56.3	$	1,646.4	$	(112.2)
Net earnings (loss)	$	832.2	$	31.9	$	1,238.7	$	(2.7)

_______________

(a)Includes the operating results of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

The summarized results of operations of the VodafoneZiggo JV are set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Revenue	$	1,041.7	$	1,206.1	$	3,237.3	$	3,638.4
Earnings (loss) before income taxes	$	232.5	$	(32.9)	$	585.2	$	(73.9)
Net earnings (loss)	$	171.7	$	(24.7)	$	390.6	$	(56.3)

Schedule of Debt Securities

The following table sets forth the details of our realized and unrealized gains (losses) due to changes in fair value, net:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

ITV	$	(62.6)	$	(118.6)	$	(342.2)	$	(9.1)
Pax8	—		—		79.3		—
EdgeConneX	16.4		2.7		58.9		20.5
Lionsgate	(12.3)		(39.6)		(58.4)		18.0
Televisa Univision	26.2		5.9		58.0		161.3
Skillz Inc. (Skillz)	(0.6)		(104.6)		(34.3)		(83.3)
Plume	—		78.7		—		133.8
Aviatrix	—		42.6		—		65.4
Lacework	—		—		—		48.8
Other, net (a)	30.8		23.5		31.0		17.9
Total	$	(2.1)	$	(109.4)	$	(207.7)	$	373.3

_______________

(a)The amount for the 2022 nine-month period includes a gain of $12.0 million related to investments that were sold during the second quarter.

At September 30, 2022 and December 31, 2021, all of our SMAs were composed of debt securities, which are summarized in the following tables:


	September 30, 2022
	Amortized cost basis		Accumulated unrealized losses		Fair value
	in millions

Commercial paper	$	785.6	$	—	$	785.6
Government bonds	583.7		(2.5)		581.2
Certificates of deposit	497.3		(0.2)		497.1
Corporate debt securities	445.4		(7.4)		438.0
Other debt securities	72.9		—		72.9
Total debt securities	$	2,384.9	$	(10.1)	$	2,374.8


	December 31, 2021
	Amortized cost basis		Accumulated unrealized losses		Fair value
	in millions

Commercial paper	$	897.4	$	—	$	897.4
Corporate debt securities	705.5		(1.6)		703.9
Government bonds	655.9		(3.3)		652.6
Certificates of deposit	355.5		(0.1)		355.4
Other debt securities	192.0		—		192.0
Total debt securities	$	2,806.3	$	(5.0)	$	2,801.3

The fair values of our debt securities as of September 30, 2022 by contractual maturity are shown below (in millions):





Due in one year or less	$	2,149.0
Due in one to five years	224.4
Due in five to ten years	1.4

Total (a)	$	2,374.8

_______________

(a)The weighted average life of our total debt securities was 0.5 years as of September 30, 2022.

Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivative Instrument Assets and Liabilities

The following table provides details of the fair values of our derivative instrument assets and liabilities:


	September 30, 2022						December 31, 2021
	Current		Long-term		Total		Current		Long-term		Total
	in millions

Assets (a):
Cross-currency and interest rate derivative contracts (b)	$	388.9	$	1,401.0	$	1,789.9	$	214.9	$	164.3	$	379.2
Equity-related derivative instruments (c)	—		114.1		114.1		—		113.8		113.8
Foreign currency forward and option contracts	7.3		—		7.3		28.4		—		28.4
Other	0.2		—		0.2		1.0		—		1.0
Total	$	396.4	$	1,515.1	$	1,911.5	$	244.3	$	278.1	$	522.4

Liabilities (a):
Cross-currency and interest rate derivative contracts (b)	$	223.1	$	412.8	$	635.9	$	208.8	$	670.2	$	879.0

Foreign currency forward and option contracts	10.6		2.0		12.6		13.0		—		13.0

Total	$	233.7	$	414.8	$	648.5	$	221.8	$	670.2	$	892.0

_______________

(c)Our equity-related derivative instruments include warrants on our investment in Plume.

Schedule Of Realized And Unrealized Gains On Derivative Instruments

The details of our realized and unrealized gains on derivative instruments, net, are as follows:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Cross-currency and interest rate derivative contracts	$	549.3	$	170.9	$	1,640.6	$	658.0
Foreign currency forward and option contracts	(2.4)		(22.4)		28.9		(27.1)
Equity-related derivative instruments:
ITV Collar	—		—		—		(11.8)

Other	—		50.8		0.3		86.1
Total equity-related derivative instruments	—		50.8		0.3		74.3
Other	—		—		(0.7)		2.2
Total	$	546.9	$	199.3	$	1,669.1	$	707.4

Schedule Of Cash Received Paid Related To Derivative Instruments Statement Of Cash Flows Location

The following table sets forth the classification of the net cash outflows of our derivative instruments:


	Nine months ended September 30,
	2022		2021
	in millions

Operating activities	$	2.6	$	(51.7)
Investing activities	40.9		(61.7)
Financing activities	(50.0)		23.1
Total	$	(6.5)	$	(90.3)

Schedule of Derivative Instruments

The following table sets forth the total notional amounts and the related weighted average remaining contractual lives of our cross-currency swap contracts at September 30, 2022:


	Notional amount due from counterparty		Notional amount due to counterparty			Weighted average remaining life
	in millions					in years





UPC Holding	$	250.0	€	220.6		3.0
	$	4,475.0	CHF	4,098.2	(a)	5.7
	€	2,650.0	CHF	2,970.1		3.4


	CHF	740.0	€	701.1		0.3





Telenet	$	3,940.0	€	3,489.6	(a)	4.3
	€	45.2	$	50.0	(b)	2.3

_______________


	Pays fixed rate				Receives fixed rate
	Notional amount			Weighted average remaining life	Notional amount		Weighted average remaining life
	in millions			in years	in millions		in years



UPC Holding	$	5,561.2	(a)	2.6	$	3,217.4	4.0

Telenet	$	2,700.8	(a)	2.6	$	1,274.7	1.1

_______________

(a)Includes forward-starting derivative instruments.

The following table sets forth the total U.S. dollar equivalents of the notional amounts and related weighted average remaining contractual lives of our basis swap contracts at September 30, 2022:


	Notional amount due from counterparty		Weighted average remaining life
	in millions		in years



UPC Holding	$	2,417.0	0.3

Telenet	$	2,295.0	0.3

The impact of the derivative instruments that mitigate our foreign currency and interest rate risk, as described above, on our borrowing costs is as follows:


	Decrease to borrowing costs at September 30, 2022 (a)


UPC Holding	(2.16)	%
Telenet	(1.64)	%
VM Ireland	(1.39)	%
Total decrease to borrowing costs	(1.88)	%

_______________

(a)Represents the effect of derivative instruments in effect at September 30, 2022 and does not include forward-starting derivative instruments.

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41620-113959

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41638-113959

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41641-113959

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579240-113959

+ Details

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value

A summary of our assets and liabilities that are measured at fair value on a recurring basis is as follows:


			Fair value measurements at September 30, 2022 using:
Description	September 30, 2022		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	in millions

Assets:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	1,789.9	$	—	$	1,789.9	$	—
Equity-related derivative instruments	114.1		—		—		114.1
Foreign currency forward and option contracts	7.3		—		7.3		—
Other	0.2		—		0.2		—
Total derivative instruments	1,911.5		—		1,797.4		114.1
Investments:
SMAs	2,374.8		598.1		1,776.7		—
Other investments	1,936.7		306.1		57.6		1,573.0
Total investments	4,311.5		904.2		1,834.3		1,573.0
Total assets	$	6,223.0	$	904.2	$	3,631.7	$	1,687.1

Liabilities:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	635.9	$	—	$	635.9	$	—

Foreign currency forward and option contracts	12.6		—		12.6		—



Total liabilities	$	648.5	$	—	$	648.5	$	—


			Fair value measurements at December 31, 2021 using:
Description	December 31, 2021		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	in millions

Assets:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	379.2	$	—	$	379.2	$	—
Equity-related derivative instruments	113.8		—		—		113.8
Foreign currency forward and option contracts	28.4		—		9.0		19.4
Other	1.0		—		1.0		—
Total derivative instruments	522.4		—		389.2		133.2
Investments:
SMAs	2,801.3		672.1		2,124.2		5.0
Other investments	2,226.1		747.9		70.8		1,407.4
Total investments	5,027.4		1,420.0		2,195.0		1,412.4
Total assets	$	5,549.8	$	1,420.0	$	2,584.2	$	1,545.6

Liabilities:
Derivative instruments:
Cross-currency and interest rate derivative contracts	$	879.0	$	—	$	846.3	$	32.7

Foreign currency forward and option contracts	13.0		—		13.0		—



Total liabilities	$	892.0	$	—	$	859.3	$	32.7

Schedule of Reconciliation of the Beginning and Ending Balances of Assets and Liabilities Measured at Fair Value Using Significant Unobservable, or Level 3, Inputs

A reconciliation of the beginning and ending balances of our assets and liabilities measured at fair value on a recurring basis using significant unobservable, or Level 3, inputs is as follows:


	Investments		Cross-currency, interest rate and foreign currency derivative contracts		Equity-related derivative instruments		Total
	in millions

Balance of net assets (liabilities) at January 1, 2022	$	1,412.4	$	(13.3)	$	113.8	$	1,512.9
Gains included in earnings from continuing operations (a):
Realized and unrealized gains on derivative instruments, net	—		—		0.3		0.3
Realized and unrealized gains due to changes in fair values of certain investments, net	214.7		—		—		214.7


Additions	78.8		—		—		78.8
Dispositions	(31.8)		—		—		(31.8)
Transfers out of Level 3	—		13.3		—		13.3
Foreign currency translation adjustments and other, net	(101.1)		—		—		(101.1)
Balance of net assets at September 30, 2022 (b)	$	1,573.0	$	—	$	114.1	$	1,687.1

_______________

(a)Amounts primarily relate to assets and liabilities that we continue to carry on our condensed consolidated balance sheet as of September 30, 2022.

(b)As of September 30, 2022, $317.6 million of our Level 3 investments were accounted for under the measurement alternative at cost less impairment, adjusted for observable price changes.

Long-lived Assets (Tables)

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

The details of our property and equipment and the related accumulated depreciation are set forth below:


	September 30, 2022		December 31, 2021
	in millions

Distribution systems	$	8,598.1	$	9,472.8
Support equipment, buildings and land	3,653.7		4,310.5
Customer premises equipment	1,275.5		1,279.2
Total property and equipment, gross	13,527.3		15,062.5
Accumulated depreciation	(7,556.4)		(8,081.0)
Total property and equipment, net	$	5,970.9	$	6,981.5

Schedule of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of our goodwill during the nine months ended September 30, 2022 are set forth below:


	January 1, 2022		Foreign currency translation adjustments and other		September 30, 2022
	in millions

Switzerland	$	6,590.5	$	(485.3)	$	6,105.2
Belgium	2,591.8		(363.4)		2,228.4
Ireland	275.9		(38.7)		237.2
Central and Other	65.2		(9.2)		56.0

Total	$	9,523.4	$	(896.6)	$	8,626.8

Schedule of Intangible Assets Subject to Amortization, Net

The details of our intangible assets subject to amortization are set forth below:


	September 30, 2022						December 31, 2021
	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
	in millions

Customer relationships	$	2,133.2	$	(786.4)	$	1,346.8	$	2,336.2	$	(602.2)	$	1,734.0
Other	1,339.2		(426.0)		913.2		1,034.3		(425.8)		608.5
Total	$	3,472.4	$	(1,212.4)	$	2,260.0	$	3,370.5	$	(1,028.0)	$	2,342.5

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1A
-URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 55
-Paragraph 24
-URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

+ Details

Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt and Lease Obligation [Abstract]

Schedule of Debt

The U.S. dollar equivalents of the components of our debt are as follows:


	September 30, 2022						Principal amount
	Weighted average interest rate (a)		Unused borrowing capacity (b)
			Borrowing currency		U.S. $ equivalent		September 30, 2022		December 31, 2021
			in millions

UPC Holding Bank Facility (c)	5.49	%	€	713.4	$	698.4	$	3,487.1	$	4,062.5
UPC SPE Notes	4.59	%	—		—		1,617.1		1,933.2
UPC Holding Senior Notes	4.81	%	—		—		783.1		1,211.6
Telenet Credit Facility (d)	4.79	%	€	555.0	543.3		3,381.7		3,558.9
Telenet Senior Secured Notes	4.81	%	—		—		1,528.7		1,614.9

VM Ireland Credit Facility (e)	5.31	%	€	100.0	97.9		881.1		1,024.9
Vendor financing (f)	2.23	%	—		—		660.8		843.2
Other (g)	4.16	%	—		—		518.2		149.6
Total debt before deferred financing costs, discounts and premiums (h)	4.84	%			$	1,339.6	$	12,857.8	$	14,398.8

The following table provides a reconciliation of total debt before deferred financing costs, discounts and premiums to total debt and finance lease obligations:


	September 30, 2022		December 31, 2021
	in millions

Total debt before deferred financing costs, discounts and premiums	$	12,857.8	$	14,398.8
Deferred financing costs, discounts and premiums, net	(43.6)		(57.7)
Total carrying amount of debt	12,814.2		14,341.1
Finance lease obligations (note 10)	405.7		484.0
Total debt and finance lease obligations	13,219.9		14,825.1
Current maturities of debt and finance lease obligations	(716.7)		(850.3)
Long-term debt and finance lease obligations	$	12,503.2	$	13,974.8

_______________


	Availability
	September 30, 2022				Upon completion of the relevant September 30, 2022 compliance reporting requirements
	Borrowing currency		U.S. $ equivalent		Borrowing currency		U.S. $ equivalent
	in millions

Available to borrow:
UPC Holding Bank Facility	€	713.4	$	698.4	€	713.4	$	698.4
Telenet Credit Facility	€	555.0	$	543.3	€	555.0	$	543.3
VM Ireland Credit Facility	€	100.0	$	97.9	€	100.0	$	97.9

Available to loan or distribute:
UPC Holding Bank Facility	€	207.9	$	203.5	€	303.9	$	297.5
Telenet Credit Facility	€	555.0	$	543.3	€	555.0	$	543.3
VM Ireland Credit Facility	€	98.2	$	96.1	€	89.1	$	87.2

(e)Unused borrowing capacity under the VM Ireland Credit Facility relates to €100.0 million ($97.9 million) under the VM Ireland Revolving Facility, which was undrawn at September 30, 2022.

Maturities of Debt and Capital Lease Obligations


	UPC Holding (a)		Telenet		VM Ireland		Other		Total
	in millions

Year ending December 31:
2022 (remainder of year)	$	58.7	$	86.0	$	—	$	20.4	$	165.1
2023	179.8		278.3		—		44.1		502.2
2024	—		25.1		—		14.3		39.4
2025	—		27.9		—		1.0		28.9
2026	—		29.5		—		—		29.5
2027	—		30.0		—		—		30.0
Thereafter	5,887.3		5,294.3		881.1		—		12,062.7
Total debt maturities (b)	6,125.8		5,771.1		881.1		79.8		12,857.8
Deferred financing costs, discounts and premiums, net	(26.0)		(12.0)		(5.6)		—		(43.6)
Total debt	$	6,099.8	$	5,759.1	$	875.5	$	79.8	$	12,814.2
Current portion	$	238.4	$	355.7	$	—	$	50.0	$	644.1
Long-term portion	$	5,861.4	$	5,403.4	$	875.5	$	29.8	$	12,170.1

_______________

(a)Amounts include certain senior secured notes issued by special purpose financing entities that are consolidated by UPC Holding and Liberty Global.

(b)Amounts include vendor financing obligations of $660.8 million, as set forth below:


	Telenet		UPC Holding		Other		Total
	in millions

Year ending December 31:
2022 (remainder of year)	$	85.4	$	58.7	$	20.4	$	164.5
2023	257.1		179.8		44.1		481.0
2024	—		—		14.3		14.3
2025	—		—		1.0		1.0



Total vendor financing maturities	$	342.5	$	238.5	$	79.8	$	660.8
Current portion	$	342.5	$	238.5	$	50.0	$	631.0
Long-term portion	$	—	$	—	$	29.8	$	29.8

Summary Of Vendor Financing Obligations

A reconciliation of the beginning and ending balances of our vendor financing obligations for the indicated periods is set forth below:


	2022		2021
	in millions

Balance at January 1	$	843.2	$	1,099.6
Vendor financing obligations of the U.K. JV Entities at January 1	—		2,805.8
Balance at January 1, including amounts classified as held for sale	843.2		3,905.4
Operating-related vendor financing additions	397.1		1,657.5
Capital-related vendor financing additions	142.9		599.6
Principal payments on operating-related vendor financing	(525.9)		(1,279.6)
Principal payments on capital-related vendor financing	(120.0)		(740.9)
Foreign currency, acquisitions and other	(76.5)		102.8
Total vendor financing obligations	660.8		4,244.8
Less: vendor financing obligations of the U.K. JV Entities	—		(3,241.3)
Balance at September 30	$	660.8	$	1,003.5

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21506-112644

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69B
-URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69E
-URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21521-112644

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21538-112644

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21475-112644

+ Details

Leases (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Lease Balances

A summary of our ROU assets and lease liabilities is set forth below:


	September 30, 2022		December 31, 2021
	in millions

ROU assets:
Finance leases (a)	$	350.4	$	426.0
Operating leases (b)	1,630.2		1,327.8
Total ROU assets	$	1,980.6	$	1,753.8

Lease liabilities:
Finance leases (c)	$	405.7	$	484.0
Operating leases (d)	1,682.9		1,364.8
Total lease liabilities	$	2,088.6	$	1,848.8

_______________

Lease Expense and Cash Outflows from Operating and Finance Leases

A summary of our aggregate lease expense is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Finance lease expense:
Depreciation and amortization	$	14.7	$	17.2	$	49.5	$	55.8
Interest expense	6.4		7.2		20.3		23.9
Total finance lease expense	21.1		24.4		69.8		79.7
Operating lease expense (a)	56.1		38.5		168.8		164.7
Short-term lease expense (a)	1.0		1.1		3.1		4.0
Variable lease expense (b)	0.2		0.4		1.7		1.6
Total lease expense	$	78.4	$	64.4	$	243.4	$	250.0

_______________

A summary of our cash outflows from operating and finance leases is set forth below:




	Nine months ended September 30,
	2022		2021
	in millions

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	163.7	$	164.1
Operating cash outflows from finance leases (interest component)	20.3		23.9
Financing cash outflows from finance leases (principal component)	46.5		59.0
Total cash outflows from operating and finance leases	$	230.5	$	247.0

Maturities of Operating Lease Liabilities

Maturities of our operating and finance lease liabilities as of September 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on September 30, 2022 exchange rates:


	Operating leases		Finance leases
	in millions

Year ending December 31:
2022 (remainder of year)	$	60.3	$	23.0
2023	183.4		92.4
2024	169.4		58.9
2025	160.4		55.5
2026	153.3		51.0
2027	146.8		46.1
Thereafter	1,323.8		198.8
Total payments	2,197.4		525.7
Less: present value discount	(514.5)		(120.0)
Present value of lease payments	$	1,682.9	$	405.7
Current portion	$	132.6	$	72.6
Long-term portion	$	1,550.3	$	333.1

Maturities of Financing Lease Liabilities

Maturities of our operating and finance lease liabilities as of September 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on September 30, 2022 exchange rates:


	Operating leases		Finance leases
	in millions

Year ending December 31:
2022 (remainder of year)	$	60.3	$	23.0
2023	183.4		92.4
2024	169.4		58.9
2025	160.4		55.5
2026	153.3		51.0
2027	146.8		46.1
Thereafter	1,323.8		198.8
Total payments	2,197.4		525.7
Less: present value discount	(514.5)		(120.0)
Present value of lease payments	$	1,682.9	$	405.7
Current portion	$	132.6	$	72.6
Long-term portion	$	1,550.3	$	333.1

Income Taxes (Tables)

9 Months Ended

Sep. 30, 2022

Accrued Income Taxes [Abstract]

Income Tax Expense Reconciliation Table


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Computed “expected” tax expense (a)	$	(474.3)	$	(60.4)	$	(1,139.8)	$	(2,533.3)
Non-deductible or non-taxable foreign currency exchange results	334.7		88.9		729.7		169.7
Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates (b)	103.7		99.3		364.1		75.1
International rate differences (c)	(33.9)		(39.5)		(150.3)		(81.1)
Non-deductible or non-taxable interest and other items	(19.6)		(12.3)		(85.8)		(50.7)
Change in valuation allowances	11.8		(19.1)		47.4		(107.6)
Tax benefit associated with technology innovation	5.1		5.7		16.4		17.2
Recognition of previously unrecognized tax benefits	—		—		—		20.5
Non-taxable gain (adjustment to gain) associated with the U.K. JV Transaction	—		(66.0)		—		2,050.2
Other, net	7.7		1.2		8.7		(4.2)
Total income tax expense	$	(64.8)	$	(2.2)	$	(209.6)	$	(444.2)

_______________

(c)Amounts reflect adjustments (either a benefit or expense) to the “expected” tax benefit (expense) for statutory rates in jurisdictions in which we operate outside of the U.K.

Share-based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Stock-Based Compensation

A summary of our aggregate share-based compensation expense is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Liberty Global:
Non-performance based incentive awards (a)	$	31.4	$	31.4	$	96.5	$	116.2
Performance-based incentive awards (b)	—		11.9		7.1		50.3
Other (c)	9.7		7.8		22.3		22.2
Total Liberty Global	41.1		51.1		125.9		188.7
Other	1.6		6.9		17.5		31.9
Total	$	42.7	$	58.0	$	143.4	$	220.6
Included in:
Other operating expense	$	1.0	$	1.6	$	3.4	$	10.4
SG&A expense	41.7		56.4		140.0		210.2
Total	$	42.7	$	58.0	$	143.4	$	220.6

_______________

resulting in the recognition of aggregate incremental share-based compensation expense of $22.7 million during the second quarter of 2021.

Schedule of Stock Option Activity


	Class A			Class C
	Gross number of shares underlying option, SAR and PSAR awards (a)	Weighted average exercise or base price		Gross number of shares underlying option, SAR and PSAR awards (a)	Weighted average exercise or base price

Held by Liberty Global employees:
Outstanding	25,412,528	$	26.92	59,394,995	$	26.07
Exercisable	18,025,425	$	28.16	38,810,843	$	27.06

Held by former Liberty Global employees (b):
Outstanding	1,657,050	$	31.31	3,812,478	$	29.59
Exercisable	1,578,680	$	31.75	3,655,773	$	29.92

_______________

Schedule of Other Share Based Compensation Activity


	Class A	Class B	Class C


Held by Liberty Global employees	2,030,337	7,890	4,060,073


Held by Former Liberty Global employees (a)	32,813	—	66,834

_______________(a)Amounts represent certain share-based awards that continue to be held by former employees of Liberty Global subsequent to certain split-off or disposal transactions. The future vesting of these RSUs will increase the number of our outstanding ordinary shares.

Schedule of Share-Based Compensation Expense

The estimated fair value of the final payouts under our Ventures Incentive Plans are shown below:


	Vesting date	September 30, 2022
		in millions

2021 Ventures Incentive Plan	March 2024	$	16.0
2022 Ventures Incentive Plan	March 2025	9.6
Total		$	25.6

Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The details of our basic and diluted weighted average ordinary shares outstanding are set forth below:


	Three months ended September 30,		Nine months ended September 30,
	2022	2021	2022	2021

Weighted average ordinary shares outstanding (basic EPS computation)	477,176,983	551,973,418	499,476,564	561,295,200
Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method)	5,338,957	13,071,058	8,403,044	13,131,584
Weighted average ordinary shares outstanding (diluted EPS computation)	482,515,940	565,044,476	507,879,608	574,426,784

The details of our net earnings from continuing operations attributable to Liberty Global shareholders is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Earnings from continuing operations	$	2,431.7	$	315.6	$	5,789.6	$	12,889.2
Net earnings from continuing operations attributable to noncontrolling interests	(83.7)		(41.6)		(500.2)		(142.8)
Net earnings from continuing operations attributable to Liberty Global shareholders	$	2,348.0	$	274.0	$	5,289.4	$	12,746.4

Schedule of Weighted Average Number of Shares

The details of our basic and diluted weighted average ordinary shares outstanding are set forth below:


	Three months ended September 30,		Nine months ended September 30,
	2022	2021	2022	2021

Weighted average ordinary shares outstanding (basic EPS computation)	477,176,983	551,973,418	499,476,564	561,295,200
Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method)	5,338,957	13,071,058	8,403,044	13,131,584
Weighted average ordinary shares outstanding (diluted EPS computation)	482,515,940	565,044,476	507,879,608	574,426,784

Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Unrecorded Purchase Obligation

The following table sets forth the U.S. dollar equivalents of such commitments as of September 30, 2022. The commitments included in this table do not reflect any liabilities that are included on our September 30, 2022 condensed consolidated balance sheet.


	Payments due during:
	Remainder of 2022
			2023		2024		2025		2026		2027		Thereafter		Total
	in millions

Network and connectivity commitments	$	65.3	$	192.9	$	153.6	$	113.4	$	68.9	$	65.4	$	757.8	$	1,417.3
Purchase commitments	172.1		259.3		51.0		29.5		13.1		0.9		0.5		526.4
Programming commitments	48.3		129.5		110.6		67.1		44.6		17.3		—		417.4
Other commitments	27.4		56.8		31.8		32.4		32.0		26.1		108.1		314.6
Total	$	313.1	$	638.5	$	347.0	$	242.4	$	158.6	$	109.7	$	866.4	$	2,675.7

Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting, Measurement Disclosures [Abstract]

Revenue and Operating Cash Flow by Segment


	Revenue
	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Switzerland	$	789.8	$	830.2	$	2,377.3	$	2,497.4
Belgium	665.1		755.4		2,078.6		2,302.9
Ireland	116.1		136.0		365.4		406.2
U.K. (a)	—		—		—		2,736.4
Central and Other	177.4		181.4		539.4		458.7
Intersegment eliminations	(2.1)		(1.6)		(6.9)		(11.1)
Total	$	1,746.3	$	1,901.4	$	5,353.8	$	8,390.5

VMO2 JV (b)	$	3,042.1	$	3,614.0	$	9,642.7	$	4,822.5
VodafoneZiggo JV	$	1,041.7	$	1,206.1	$	3,237.3	$	3,638.4

_______________

(a)The amount for the 2021 nine-month period represents the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(b)The amount for the 2021 nine-month period represents the revenue of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.


	Adjusted EBITDA
	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Switzerland	$	302.5	$	330.8	$	880.2	$	910.9
Belgium	318.7		369.1		989.4		1,130.5
Ireland	49.6		59.1		152.5		160.7
U.K. (a)	—		—		—		1,085.3
Central and Other	(6.8)		1.5		(23.6)		(15.8)
Intersegment eliminations (b)	—		(2.0)		(0.4)		1.6
Total	$	664.0	$	758.5	$	1,998.1	$	3,273.2

VMO2 JV (c)	$	1,060.5	$	1,180.3	$	3,515.2	$	1,591.3
VodafoneZiggo JV	$	501.4	$	578.1	$	1,530.1	$	1,713.4

_______________

(a)The amount for the 2021 nine-month period represents the Adjusted EBITDA of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(b)Amounts relate to transactions between our continuing and discontinued operations.

(c)The amount for the 2021 nine-month period represents the Adjusted EBITDA of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

The following table provides a reconciliation of earnings from continuing operations to Adjusted EBITDA:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Earnings from continuing operations	$	2,431.7	$	315.6	$	5,789.6	$	12,889.2
Income tax expense	64.8		2.2		209.6		444.2
Other income, net	(21.7)		(8.2)		(60.2)		(25.6)
Gain on AtlasEdge JV Transactions	—		(213.7)		—		(213.7)
(Gain) adjustment to gain on U.K. JV Transaction	—		347.3		—		(10,790.7)
Gain on Telenet Tower Sale	(7.1)		—		(700.4)		—
Share of results of affiliates, net	(501.0)		29.2		(812.6)		35.6
Losses (gains) on debt extinguishment, net	—		—		(2.8)		90.6
Realized and unrealized losses (gains) due to changes in fair values of certain investments, net	2.1		109.4		207.7		(373.3)
Foreign currency transaction gains, net	(1,462.7)		(422.4)		(3,186.4)		(857.6)
Realized and unrealized gains on derivative instruments, net	(546.9)		(199.3)		(1,669.1)		(707.4)
Interest expense	149.7		140.9		416.8		748.1
Operating income	108.9		101.0		192.2		1,239.4
Impairment, restructuring and other operating items, net	6.4		17.2		74.1		68.4
Depreciation and amortization	506.0		582.3		1,588.4		1,744.8
Share-based compensation expense	42.7		58.0		143.4		220.6
Adjusted EBITDA	$	664.0	$	758.5	$	1,998.1	$	3,273.2

Property and Equipment Additions of our Reportable Segments


	Nine months ended September 30,
	2022		2021
	in millions

Switzerland	$	395.8	$	413.1
Belgium	433.9		424.5
Ireland	83.4		61.9
U.K. (a)	—		557.4
Central and Other (b)	176.5		226.9
Total property and equipment additions	1,089.6		1,683.8
Assets acquired under capital-related vendor financing arrangements	(142.9)		(599.6)
Assets acquired under finance leases	(25.8)		(27.8)
Changes in current liabilities related to capital expenditures	8.4		58.0
Total capital expenditures, net	$	929.3	$	1,114.4

Property and equipment additions:
VMO2 JV (c)	$	2,053.7	$	898.8
VodafoneZiggo JV	$	683.7	$	705.0

_______________

(a)The 2021 amount represents the property and equipment additions of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(c)The 2021 amount represents the property and equipment additions of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

Revenue by Major Category

Our revenue by major category for our consolidated reportable segments is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Residential revenue:
Residential fixed revenue (a):
Subscription revenue (b):
Broadband internet	$	336.1	$	366.4	$	1,037.5	$	2,008.5
Video	261.3		302.6		817.2		1,537.5
Fixed-line telephony	91.6		111.4		291.1		732.5
Total subscription revenue	689.0		780.4		2,145.8		4,278.5
Non-subscription revenue	21.4		25.5		74.2		127.9
Total residential fixed revenue	710.4		805.9		2,220.0		4,406.4
Residential mobile revenue (c):
Subscription revenue (b)	356.5		376.0		1,056.7		1,271.3
Non-subscription revenue	126.8		150.0		387.9		627.2
Total residential mobile revenue	483.3		526.0		1,444.6		1,898.5
Total residential revenue	1,193.7		1,331.9		3,664.6		6,304.9
B2B revenue (d):
Subscription revenue	127.4		139.1		387.6		482.1
Non-subscription revenue	214.0		207.4		644.7		1,011.3
Total B2B revenue	341.4		346.5		1,032.3		1,493.4
Other revenue (e)	211.2		223.0		656.9		592.2
Total	$	1,746.3	$	1,901.4	$	5,353.8	$	8,390.5

_______________

and large enterprises and, fixed-line and mobile services on a wholesale basis, to other operators and (b) revenue from long-term leases of portions of our network.

Geographic Segments

The revenue of our geographic segments is set forth below:


	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
	in millions

Switzerland	$	789.8	$	830.2	$	2,377.3	$	2,497.4
Belgium	665.1		755.4		2,078.6		2,302.9
Ireland	116.1		136.0		365.4		406.2
Slovakia	12.0		12.9		37.3		39.1
U.K. (a)	—		—		—		2,736.4
Other, including intersegment eliminations	163.3		166.9		495.2		408.5
Total	$	1,746.3	$	1,901.4	$	5,353.8	$	8,390.5

VMO2 JV (U.K.) (b)	$	3,042.1	$	3,614.0	$	9,642.7	$	4,822.5
VodafoneZiggo JV (Netherlands)	$	1,041.7	$	1,206.1	$	3,237.3	$	3,638.4

______________

(a)The amount for the 2021 nine-month period represents the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

(b)The amount for the 2021 nine-month period represents the revenue of the VMO2 JV for the period from June 1, 2021 through September 30, 2021.

Basis of Presentation (Details)	9 Months Ended
Basis of Presentation (Details)	Sep. 30, 2022	Jun. 01, 2022	Jun. 30, 2021	Jun. 01, 2021
Telenet
Schedule of Equity Method Investments [Line Items]
Percentage ownership in subsidiary	61.10%
VodafoneZiggo JV
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50.00%
Co-venturer ownership percentage	50.00%
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50.00%	50.00%	50.00%	50.00%
Co-venturer ownership percentage	50.00%
Telefonica
Schedule of Equity Method Investments [Line Items]
Co-venturer ownership percentage	50.00%
Vodafone Group Inc.
Schedule of Equity Method Investments [Line Items]
Co-venturer ownership percentage	50.00%

Revenue Recognition and Related Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Trade receivables, allowance for doubtful accounts	$ 40.3		$ 40.3		$ 42.0
Contract assets	27.1		27.1		29.7
Deferred revenue	278.8		278.8		286.5
Revenue recognized			207.9
Aggregate assets associated with incremental costs to obtain a contract and contract fulfillment costs	63.4		63.4		$ 63.4
Amortization related to contract costs	$ 3.9	$ 4.9	$ 12.5	$ 76.7
Residential Service \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	12 months		12 months
Mobile Services \| Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	1 year		1 year
Mobile Services \| Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	3 years		3 years
B2B Services \| Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	1 year		1 year
B2B Services \| Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	5 years		5 years

Acquisitions and Dispositions (Narrative) (Details) € in Millions, zł in Millions, $ in Millions						3 Months Ended		9 Months Ended
	Jun. 01, 2022 USD ($)	Apr. 01, 2022 USD ($)	Apr. 01, 2022 PLN (zł)	Sep. 01, 2021 USD ($)	Jun. 01, 2021 USD ($)	Sep. 30, 2022 USD ($) site	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) site	Sep. 30, 2021 USD ($)	Jul. 19, 2022	Jun. 01, 2022 EUR (€)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)
Business Acquisition [Line Items]
Cash received in connection with the sale of UPC Poland			zł 6,566.7					$ 1,563.0	$ 0.0
Gain on disposal of discontinued operations, net of taxes		$ 848.9				$ 0.0	$ 0.0	848.9	0.0
Gain on Telenet Tower Sale (note 4)						7.1	0.0	700.4	0.0
Operating leases	$ 615.1					1,630.2		1,630.2				$ 1,327.8
Operating leases	$ 615.1					1,682.9		1,682.9				$ 1,364.8
Term of leases						2,197.4		2,197.4
Net cash received in connection with the U.K. JV Transaction								0.0	52.0
Share of results of affiliates, net						$ 501.0	(29.2)	812.6	(35.6)
Cash received in connection with the Atlas Edge JV Transactions				$ 130.0				0.0	130.0
Gain on AtlasEdge JV Transactions								$ 0.0	213.7
AtlasEdge JV
Business Acquisition [Line Items]
Co-venturer ownership percentage				50.00%
VMO2 JV
Business Acquisition [Line Items]
Ownership percentage	50.00%				50.00%	50.00%		50.00%			50.00%		50.00%
Share of results of affiliates, net						$ 398.5	(10.4)	$ 616.4	(10.7)
Co-venturer ownership percentage						50.00%		50.00%
U.K. JV Transaction
Business Acquisition [Line Items]
Net cash received in connection with the U.K. JV Transaction					$ 52.0
Repayments of long-term loans from vendors					$ 44.5
Gain (adjustment to gain) on U.K. JV Transaction (note 4)						$ 0.0	(347.3)	$ 0.0	10,790.7
Cumulative foreign currency translation loss													$ 1,198.6
U.K. J.V. Entities
Business Acquisition [Line Items]
Share of results of affiliates, net									890.5
AtlasEdge JV
Business Acquisition [Line Items]
Ownership percentage						47.50%		47.50%
Gain (adjustment to gain) on U.K. JV Transaction (note 4)				$ 213.7		$ 0.0	213.7	$ 0.0	213.7
Share of results of affiliates, net						$ (5.2)	$ 0.0	$ (13.3)	$ 0.0
Gain on AtlasEdge JV Transactions				$ 1.8
Telenet tower lease agreement
Business Acquisition [Line Items]
Number of sites \| site						475		475
Term of leases						$ 95.5		$ 95.5
Telenet
Business Acquisition [Line Items]
Term of contract	15 years										15 years
Telenet \| NetCo
Business Acquisition [Line Items]
Percentage of ownership interest										66.80%
Fluvius \| NetCo
Business Acquisition [Line Items]
Percentage of ownership interest										33.20%
Disposed of by sale \| UPC Poland
Business Acquisition [Line Items]
Ownership percentage sold		100.00%	100.00%
Cumulative foreign currency translation gain (loss)		$ 10.9
Term of transitional services								5 years
Revenue from transitional services						$ 8.3		$ 17.1
Disposed of by sale \| Telenet
Business Acquisition [Line Items]
Total enterprise value	$ 779.9										€ 733.0
Gain on Telenet Tower Sale (note 4)	$ 700.4

Acquisitions and Dispositions (Classes of Assets and Liabilities) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Assets:
Current assets	$ 0.0	$ 925.0
Disposed of by sale \| UPC Poland
Assets:
Current assets		23.4
Property and equipment, net		406.8
Goodwill		464.7
Other assets, net		30.1
Total assets		925.0
Liabilities:
Current portion of debt and finance lease obligations		42.7
Other accrued and current liabilities		97.3
Long-term debt and finance lease obligations		5.0
Other long-term liabilities		56.3
Total liabilities		$ 201.3

Acquisitions and Dispositions (Intercompany Revenue and Expenses) (Details) - UPC Poland - Disposed of by sale - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	$ 113.2	$ 109.5	$ 344.9
Operating income	31.6	45.0	83.9
Earnings before income taxes	29.5	43.9	82.0
Income tax expense	(26.4)	(9.3)	(37.7)
Net earnings attributable to Liberty Global shareholders	$ 3.1	$ 34.6	$ 44.3

- Definition

Amount before tax of income (loss) from a discontinued operation. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

- Definition

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3B
-URI https://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123586238&loc=d3e38679-109324

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3A
-URI https://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.7)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32672-109319

+ Details

- Definition

Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

Acquisitions and Dispositions (Identifiable Assets and Liabilities) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021	Jun. 01, 2021
Schedule of Equity Method Investments [Line Items]
Current assets	$ 5,470.5	$ 5,940.5
Property and equipment, net	5,970.9	6,981.5
Goodwill	8,626.8	9,523.4
Intangible assets subject to amortization, net	2,260.0	2,342.5
Other assets, net	3,858.0	2,426.1
Current portion of debt and finance lease obligations	(716.7)	(850.3)
Long-term debt and finance lease obligations	(12,503.2)	(13,974.8)
Other long-term liabilities	$ (1,690.8)	$ (2,033.3)
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Current assets			$ 4,186.7
Property and equipment, net			12,523.2
Goodwill			29,502.7
Intangible assets subject to amortization, net			13,274.6
Other assets, net			4,116.2
Current portion of debt and finance lease obligations			(4,352.5)
Other accrued and current liabilities			(5,780.8)
Long-term debt and finance lease obligations			(21,879.2)
Other long-term liabilities			(2,170.9)
Total fair value of the net assets of the VMO2 JV			$ 29,420.0

Investments (Schedule of Investments) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Jun. 01, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 01, 2021
Schedule of Investments [Line Items]
Equity	$ 14,269.7		$ 16,945.2
Short-term, separately-managed accounts (SMAs)	2,149.0		2,269.6
Total investments	4,311.5		5,027.4
Total investments	18,581.2		21,972.6
Short-term investments	2,149.0		2,269.6
Long-term investments	16,432.2		19,703.0
Accrued interest	11.3		5.1
VMO2 JV
Schedule of Investments [Line Items]
Equity	$ 11,478.8		13,774.7
Ownership percentage	50.00%	50.00%		50.00%	50.00%
VodafoneZiggo JV
Schedule of Investments [Line Items]
Equity	$ 2,214.4		2,572.4
Ownership percentage	50.00%
VodafoneZiggo JV \| VodafoneZiggo JV Loan
Schedule of Investments [Line Items]
Excess of carrying amount over proportional share in investees net assets	$ 1,079.4		1,236.0
Related party note receivable rate	5.55%
Interest accrued	$ 40.7
VodafoneZiggo JV \| VodafoneZiggo JV Receivable I
Schedule of Investments [Line Items]
Related party note receivable	685.3		797.1
VodafoneZiggo JV \| VodafoneZiggo JV Receivable II
Schedule of Investments [Line Items]
Related party note receivable	203.5		236.7
AtlasEdge JV
Schedule of Investments [Line Items]
Equity	$ 129.2		163.7
Ownership percentage	47.50%
All3Media Group (All3Media)
Schedule of Investments [Line Items]
Equity	$ 118.4		143.7
Ownership percentage	50.00%
Formula E Holdings Ltd (Formula E)
Schedule of Investments [Line Items]
Equity	$ 83.0		115.9
Ownership percentage	35.90%
Other
Schedule of Investments [Line Items]
Equity	$ 245.9		174.8
Long-term investments at fair value	379.3		378.1
Televisa Univision, Inc. (Televisa Univision)
Schedule of Investments [Line Items]
Long-term, SMAs	$ 385.5		385.5
Ownership percentage	6.30%
Lacework Inc. (Lacework)
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 269.1		269.1
Ownership percentage	3.30%
ITV plc (ITV)
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 254.1		596.3
Ownership percentage	9.90%
SMAs
Schedule of Investments [Line Items]
Long-term, SMAs	$ 225.8		531.7
Plume Design, Inc. (Plume)
Schedule of Investments [Line Items]
Long-term, SMAs	$ 188.8		188.8
Ownership percentage	11.50%
EdgeConneX Inc. (EdgeConneX)
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 177.7		138.7
Ownership percentage	5.10%
Pax8 Inc. (Pax8)
Schedule of Investments [Line Items]
Long-term, SMAs	$ 99.0		14.7
Ownership percentage	5.90%
Aviatrix Systems, Inc. (Aviatrix)
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 78.2		78.2
Ownership percentage	3.80%
CANAL+ Polska S.A.
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 57.5		70.8
Ownership percentage	17.00%
Lions Gate Entertainment Corp (Lionsgate)
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 47.5		$ 105.9
Ownership percentage	2.90%

Investments (Equity Method Investments) (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ 501.0			$ (29.2)			$ 812.6	$ (35.6)
Revenue	1,746.3			1,901.4			5,353.8	8,390.5
Earnings (loss) before income taxes	2,496.5			317.8			5,999.2	13,333.4
Net earnings (loss)	2,431.7	$ 3,131.1	$ 1,110.3	318.7	$ 11,174.5	$ 1,440.3	6,673.1	12,933.5
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Revenue							9,642.7
Earnings (loss) before income taxes	1,178.7			56.3			1,646.4	(112.2)
Net earnings (loss)	832.2			31.9			1,238.7	(2.7)
VodafoneZiggo JV
Schedule of Equity Method Investments [Line Items]
Earnings (loss) before income taxes	232.5			(32.9)			585.2	(73.9)
Net earnings (loss)	171.7			(24.7)			390.6	(56.3)
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ 398.5			(10.4)			$ 616.4	(10.7)
Percent of remaining results of operations included in investment	50.00%						50.00%
Percentage of share based compensation expense	100.00%						100.00%
Revenue	$ 3,042.1			3,614.0			$ 9,642.7	4,822.5
VodafoneZiggo JV
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ 92.6			(2.6)			$ 224.6	6.8
Percent of remaining results of operations included in investment	50.00%						50.00%
Percent of interest income earned on loan included in investment	100.00%						100.00%
Revenue	$ 1,041.7			1,206.1			$ 3,237.3	3,638.4
All3Media
Schedule of Equity Method Investments [Line Items]
Equity method investment	(10.2)			(3.4)			(27.1)	(18.2)
Formula E
Schedule of Equity Method Investments [Line Items]
Equity method investment	(15.1)			(10.9)			(16.8)	(6.5)
AtlasEdge JV
Schedule of Equity Method Investments [Line Items]
Equity method investment	(5.2)			0.0			(13.3)	0.0
Other, net
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ 40.4			$ (1.9)			$ 28.8	$ (7.0)

Investments (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
Investments (Narrative) (Details) - USD ($)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 01, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 01, 2021
Schedule of Investments [Line Items]
Revenue	$ 1,746,300,000	$ 1,901,400,000	$ 5,353,800,000	$ 8,390,500,000
Dividend distributions received from the VMO2 JV			266,900,000	0
Proceeds from sale of debt securities	2,600,000,000	1,900,000,000	7,500,000,000	4,800,000,000
Realized net losses	$ (1,500,000)	0	$ (7,600,000)	(1,600,000)
VMO2 JV
Schedule of Investments [Line Items]
Co-venturer ownership percentage	50.00%		50.00%
Ownership percentage	50.00%		50.00%		50.00%		50.00%	50.00%
Revenue	$ 3,042,100,000	3,614,000,000	$ 9,642,700,000	4,822,500,000
Due from related party	33,700,000		33,700,000			$ 43,300,000
Proceeds from joint venture			467,900,000
Dividend distributions received from joint venture			201,000,000	0
Dividend distributions received from the VMO2 JV			266,900,000
VMO2 JV \| Telefonica
Schedule of Investments [Line Items]
Co-venturer ownership percentage								50.00%
VMO2 JV \| Liberty Global
Schedule of Investments [Line Items]
Co-venturer ownership percentage								50.00%
UK JV Services
Schedule of Investments [Line Items]
Revenue	59,800,000	69,700,000	192,400,000	93,900,000
JV Services
Schedule of Investments [Line Items]
Revenue	$ 75,400,000	45,200,000	$ 192,700,000	161,000,000
VodafoneZiggo JV
Schedule of Investments [Line Items]
Co-venturer ownership percentage	50.00%		50.00%
Ownership percentage	50.00%		50.00%
Revenue	$ 1,041,700,000	$ 1,206,100,000	$ 3,237,300,000	3,638,400,000
Dividend distributions received from joint venture			186,900,000	240,900,000
Dividend distributions received from the VMO2 JV			186,900,000	$ 240,900,000
VodafoneZiggo JV \| Equity Method Investee
Schedule of Investments [Line Items]
Due from related party	$ 33,000,000		$ 33,000,000			$ 62,500,000

Investments (Fair Value Realized and Unrealized Losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	$ (2.1)	$ (109.4)	$ (207.7)	$ 373.3
ITV
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	(62.6)	(118.6)	(342.2)	(9.1)
Pax8
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	0.0	0.0	79.3	0.0
EdgeConneX
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	16.4	2.7	58.9	20.5
Lionsgate
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	(12.3)	(39.6)	(58.4)	18.0
Televisa Univision
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	26.2	5.9	58.0	161.3
Skillz Inc. (Skillz)
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	(0.6)	(104.6)	(34.3)	(83.3)
Plume
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	0.0	78.7	0.0	133.8
Aviatrix
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	0.0	42.6	0.0	65.4
Lacework
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	0.0	0.0	0.0	48.8
Other
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	$ 30.8	$ 23.5	31.0	$ 17.9
Gain on sale of investment			$ 12.0

Investments (Debt Securities) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	$ 2,384.9	$ 2,806.3
Accumulated unrealized losses	(10.1)	(5.0)
Fair value	2,374.8	2,801.3
Contractual maturity:
Due in one year or less	2,149.0
Due in one to five years	224.4
Due in five to ten years	1.4
Fair value	2,374.8	2,801.3
Commercial paper
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	785.6	897.4
Accumulated unrealized losses	0.0	0.0
Fair value	785.6	897.4
Contractual maturity:
Fair value	785.6	897.4
Government bonds
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	583.7	655.9
Accumulated unrealized losses	(2.5)	(3.3)
Fair value	581.2	652.6
Contractual maturity:
Fair value	581.2	652.6
Certificates of deposit
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	497.3	355.5
Accumulated unrealized losses	(0.2)	(0.1)
Fair value	497.1	355.4
Contractual maturity:
Fair value	497.1	355.4
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	445.4	705.5
Accumulated unrealized losses	(7.4)	(1.6)
Fair value	438.0	703.9
Contractual maturity:
Fair value	438.0	703.9
Other debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	72.9	192.0
Accumulated unrealized losses	0.0	0.0
Fair value	72.9	192.0
Contractual maturity:
Fair value	$ 72.9	$ 192.0
Weighted Average
Contractual maturity:
Weighted average life	6 months

Derivative Instruments (Fair Values of Derivative Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Asset
Current	$ 396.4		$ 396.4		$ 244.3
Long-term	1,515.1		1,515.1		278.1
Total	1,911.5		1,911.5		522.4
Liabilities
Current	233.7		233.7		221.8
Long-term	414.8		414.8		670.2
Total	648.5		648.5		892.0
Cross-currency and interest rate derivative contracts
Asset
Current	388.9		388.9		214.9
Long-term	1,401.0		1,401.0		164.3
Total	1,789.9		1,789.9		379.2
Liabilities
Current	223.1		223.1		208.8
Long-term	412.8		412.8		670.2
Total	635.9		635.9		879.0
Loss in changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts	16.3	$ 34.0	7.0	$ 34.8
Equity-related derivative instruments
Asset
Current	0.0		0.0		0.0
Long-term	114.1		114.1		113.8
Total	114.1		114.1		113.8
Foreign currency forward and option contracts
Asset
Current	7.3		7.3		28.4
Long-term	0.0		0.0		0.0
Total	7.3		7.3		28.4
Liabilities
Current	10.6		10.6		13.0
Long-term	2.0		2.0		0.0
Total	12.6		12.6		13.0
Other
Asset
Current	0.2		0.2		1.0
Long-term	0.0		0.0		0.0
Total	$ 0.2		$ 0.2		$ 1.0

Derivative Instruments (Realized and Unrealized Gains (Losses) on Derivatives) (Schedule and Footnotes) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ 546.9	$ 199.3	$ 1,669.1	$ 707.4
Cross-currency and interest rate derivative contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	549.3	170.9	1,640.6	658.0
Foreign currency forward and option contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(2.4)	(22.4)	28.9	(27.1)
Equity-related derivative instruments
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0.0	50.8	0.3	74.3
ITV Collar
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0.0	0.0	0.0	(11.8)
Other
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0.0	50.8	0.3	86.1
Other
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ 0.0	$ 0.0	$ (0.7)	$ 2.2

Derivative Instruments (Net Cash Received (Paid) Related to Derivatives) (Schedule) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Operating activities	$ 2.6	$ (51.7)
Investing activities	40.9	(61.7)
Financing activities	(50.0)	23.1
Total	$ (6.5)	$ (90.3)

Derivative Instruments (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Derivative assets	$ 1,911.5	$ 522.4
Counterparty Credit Risk
Derivative [Line Items]
Derivative assets	1,300.0
Interest Rate Caps
Derivative [Line Items]
Notional amount	1,100.0
Interest Rate Collars
Derivative [Line Items]
Notional amount	7,300.0
Foreign currency forward and option contracts
Derivative [Line Items]
Derivative assets	7.3	$ 28.4
Notional amount	$ 488.4

Derivative Instruments (Cross-currency Derivative Contracts) (Details) - 9 months ended Sep. 30, 2022 € in Millions, SFr in Millions, $ in Millions	USD ($)	EUR (€)	CHF (SFr)
UPC Holding \| Cross-Currency Swap 1
Derivative [Line Items]
Weighted average remaining life	3 years
UPC Holding \| Cross-Currency Swap 2
Derivative [Line Items]
Weighted average remaining life	5 years 8 months 12 days
UPC Holding \| Cross-Currency Swap 3
Derivative [Line Items]
Weighted average remaining life	3 years 4 months 24 days
UPC Holding \| Cross-Currency Swap 6
Derivative [Line Items]
Weighted average remaining life	3 months 18 days
Telenet \| Cross-Currency Swap 7
Derivative [Line Items]
Weighted average remaining life	4 years 3 months 18 days
Telenet \| Cross-Currency Swap 8
Derivative [Line Items]
Weighted average remaining life	2 years 3 months 18 days
Notional amount due from counterparty \| UPC Holding \| Cross-Currency Swap 1
Derivative [Line Items]
Notional amount \| $	$ 250.0
Notional amount due from counterparty \| UPC Holding \| Cross-Currency Swap 2
Derivative [Line Items]
Notional amount \| $	4,475.0
Notional amount due from counterparty \| UPC Holding \| Cross-Currency Swap 3
Derivative [Line Items]
Notional amount		€ 2,650.0
Notional amount due from counterparty \| UPC Holding \| Cross-Currency Swap 6
Derivative [Line Items]
Notional amount \| SFr			SFr 740.0
Notional amount due from counterparty \| Telenet \| Cross-Currency Swap 7
Derivative [Line Items]
Notional amount \| $	3,940.0
Notional amount due from counterparty \| Telenet \| Cross-Currency Swap 8
Derivative [Line Items]
Notional amount		45.2
Notional amount due to counterparty \| UPC Holding \| Cross-Currency Swap 1
Derivative [Line Items]
Notional amount		220.6
Notional amount due to counterparty \| UPC Holding \| Cross-Currency Swap 2
Derivative [Line Items]
Notional amount \| SFr			4,098.2
Notional amount due to counterparty \| UPC Holding \| Cross-Currency Swap 3
Derivative [Line Items]
Notional amount \| SFr			SFr 2,970.1
Notional amount due to counterparty \| UPC Holding \| Cross-Currency Swap 6
Derivative [Line Items]
Notional amount		701.1
Notional amount due to counterparty \| Telenet \| Cross-Currency Swap 7
Derivative [Line Items]
Notional amount		€ 3,489.6
Notional amount due to counterparty \| Telenet \| Cross-Currency Swap 8
Derivative [Line Items]
Notional amount \| $	$ 50.0

Derivative Instruments (Interest Rate Swap Contracts and Options) (Details) - Interest Rate Swap $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)
Pays fixed rate \| UPC Holding
Derivative [Line Items]
Notional amount	$ 5,561.2
Weighted average remaining life	2 years 7 months 6 days
Pays fixed rate \| Telenet
Derivative [Line Items]
Notional amount	$ 2,700.8
Weighted average remaining life	2 years 7 months 6 days
Receives fixed rate \| UPC Holding
Derivative [Line Items]
Notional amount	$ 3,217.4
Weighted average remaining life	4 years
Receives fixed rate \| Telenet
Derivative [Line Items]
Notional amount	$ 1,274.7
Weighted average remaining life	1 year 1 month 6 days

Derivative Instruments (Basis Swaps, Interest Rate Caps and Collars) (Details) - Basis Swaps $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)
UPC Holding
Derivative [Line Items]
Weighted average remaining life	3 months 18 days
Telenet
Derivative [Line Items]
Weighted average remaining life	3 months 18 days
Notional amount due from counterparty \| UPC Holding
Derivative [Line Items]
Notional amount	$ 2,417.0
Notional amount due from counterparty \| Telenet
Derivative [Line Items]
Notional amount	$ 2,295.0

Derivative Instruments (Impact of Derivative Instruments on Borrowing Costs) (Details)	Sep. 30, 2022
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(1.88%)
UPC Holding
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(2.16%)
Telenet
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(1.64%)
VM Ireland
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(1.39%)

Fair Value Measurements (Narrative) (Details)	Sep. 30, 2021
Measurement Input, Weighted Average Cost Of Capital \| VMO2 JV
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Initial investment percent	0.069

Fair Value Measurements (Summary of Assets and Liabilities at Fair Value) (Schedule) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	$ 1,911.5	$ 522.4
SMAs	2,374.8	2,801.3
Other investments	1,936.7	2,226.1
Total investments	4,311.5	5,027.4
Total assets	6,223.0	5,549.8
Derivative liability	648.5	892.0
Total liabilities	648.5	892.0
Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	0.0
SMAs	598.1	672.1
Other investments	306.1	747.9
Total investments	904.2	1,420.0
Total assets	904.2	1,420.0
Total liabilities	0.0	0.0
Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	1,797.4	389.2
SMAs	1,776.7	2,124.2
Other investments	57.6	70.8
Total investments	1,834.3	2,195.0
Total assets	3,631.7	2,584.2
Total liabilities	648.5	859.3
Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	114.1	133.2
SMAs	0.0	5.0
Other investments	1,573.0	1,407.4
Total investments	1,573.0	1,412.4
Total assets	1,687.1	1,545.6
Total liabilities	0.0	32.7
Cross-currency and interest rate derivative contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	1,789.9	379.2
Derivative liability	635.9	879.0
Cross-currency and interest rate derivative contracts \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	0.0
Derivative liability	0.0	0.0
Cross-currency and interest rate derivative contracts \| Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	1,789.9	379.2
Derivative liability	635.9	846.3
Cross-currency and interest rate derivative contracts \| Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	0.0
Derivative liability	0.0	32.7
Equity-related derivative instruments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	114.1	113.8
Equity-related derivative instruments \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	0.0
Equity-related derivative instruments \| Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	0.0
Equity-related derivative instruments \| Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	114.1	113.8
Foreign currency forward and option contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	7.3	28.4
Derivative liability	12.6	13.0
Foreign currency forward and option contracts \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	0.0
Derivative liability	0.0	0.0
Foreign currency forward and option contracts \| Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	7.3	9.0
Derivative liability	12.6	13.0
Foreign currency forward and option contracts \| Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	19.4
Derivative liability	0.0	0.0
Other
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.2	1.0
Other \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.0	0.0
Other \| Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.2	1.0
Other \| Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	$ 0.0	$ 0.0

Fair Value Measurements (Assets and Liabilities Reconciliation) (Schedule and Footnote) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance of net assets (liabilities) at January 1, 2022	$ 1,512.9
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0.3
Realized and unrealized gains due to changes in fair values of certain investments, net	214.7
Additions	78.8
Dispositions	(31.8)
Transfers out of Level 3	13.3
Foreign currency translation adjustments and other, net	(101.1)
Balance of net assets at September 30, 2022	1,687.1
Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance of net assets (liabilities) at January 1, 2022	1,412.4
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0.0
Realized and unrealized gains due to changes in fair values of certain investments, net	214.7
Additions	78.8
Dispositions	(31.8)
Transfers out of Level 3	0.0
Foreign currency translation adjustments and other, net	(101.1)
Balance of net assets at September 30, 2022	1,573.0
Cross-currency, interest rate and foreign currency derivative contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance of net assets (liabilities) at January 1, 2022	(13.3)
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0.0
Realized and unrealized gains due to changes in fair values of certain investments, net	0.0
Additions	0.0
Dispositions	0.0
Transfers out of Level 3	13.3
Foreign currency translation adjustments and other, net	0.0
Balance of net assets at September 30, 2022	0.0
Equity-related derivative instruments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance of net assets (liabilities) at January 1, 2022	113.8
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0.3
Realized and unrealized gains due to changes in fair values of certain investments, net	0.0
Additions	0.0
Dispositions	0.0
Transfers out of Level 3	0.0
Foreign currency translation adjustments and other, net	0.0
Balance of net assets at September 30, 2022	114.1
Instruments accounted for under measurement alternative
Gains included in earnings from continuing operations
Balance of net assets at September 30, 2022	$ 317.6

Long-lived Assets (Schedule of PP&E) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 13,527.3	$ 15,062.5
Accumulated depreciation	(7,556.4)	(8,081.0)
Total property and equipment, net	5,970.9	6,981.5
Distribution systems
Property, Plant and Equipment [Line Items]
Property and equipment gross	8,598.1	9,472.8
Support equipment, buildings and land
Property, Plant and Equipment [Line Items]
Property and equipment gross	3,653.7	4,310.5
Customer premises equipment
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 1,275.5	$ 1,279.2

Long-lived Assets (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Property, Plant and Equipment [Line Items]
Value added tax, vendor financing arrangement	$ 17.0	$ 75.9
Vendor financing
Property, Plant and Equipment [Line Items]
Capital-related vendor financing additions	$ 142.9	$ 599.6

Long-lived Assets (Schedule of Changes in Carrying Amount of Goodwill) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)
Goodwill [Roll Forward]
Goodwill beginning balance	$ 9,523.4
Foreign currency translation adjustments and other	(896.6)
Goodwill ending balance	8,626.8
Switzerland
Goodwill [Roll Forward]
Goodwill beginning balance	6,590.5
Foreign currency translation adjustments and other	(485.3)
Goodwill ending balance	6,105.2
Belgium
Goodwill [Roll Forward]
Goodwill beginning balance	2,591.8
Foreign currency translation adjustments and other	(363.4)
Goodwill ending balance	2,228.4
Ireland
Goodwill [Roll Forward]
Goodwill beginning balance	275.9
Foreign currency translation adjustments and other	(38.7)
Goodwill ending balance	237.2
Central and Other
Goodwill [Roll Forward]
Goodwill beginning balance	65.2
Foreign currency translation adjustments and other	(9.2)
Goodwill ending balance	$ 56.0

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

Long-lived Assets (Schedule of Intangible Assets Subject to Amortization, Net) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Gross carrying amount	$ 3,472.4	$ 3,370.5
Accumulated amortization	(1,212.4)	(1,028.0)
Net carrying amount	2,260.0	2,342.5
Customer relationships
Property, Plant and Equipment [Line Items]
Gross carrying amount	2,133.2	2,336.2
Accumulated amortization	(786.4)	(602.2)
Net carrying amount	1,346.8	1,734.0
Other
Property, Plant and Equipment [Line Items]
Gross carrying amount	1,339.2	1,034.3
Accumulated amortization	(426.0)	(425.8)
Net carrying amount	$ 913.2	$ 608.5

Debt (Components of Debt) (Details) € in Millions, $ in Millions	Sep. 30, 2022 USD ($)	Sep. 30, 2022 EUR (€)	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)
Debt Instrument [Line Items]
Weighted average interest rate	4.84%	4.84%
Unused borrowing capacity, amount	$ 1,339.6
Total debt before deferred financing costs, discounts and premiums	12,857.8		$ 14,398.8
Deferred financing costs, discounts and premiums, net	(43.6)		(57.7)
Total carrying amount of debt	12,814.2		14,341.1
Finance lease obligations	405.7		484.0
Total debt and finance lease obligations	13,219.9		14,825.1
Current portion of debt and finance lease obligations	(716.7)		(850.3)
Long-term debt and finance lease obligations	$ 12,503.2		13,974.8
UPC Holding Bank Facility
Debt Instrument [Line Items]
Weighted average interest rate	5.49%	5.49%
Total debt before deferred financing costs, discounts and premiums	$ 3,487.1		4,062.5
UPC SPE Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.59%	4.59%
Total debt before deferred financing costs, discounts and premiums	$ 1,617.1		1,933.2
UPC Holding Senior Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.81%	4.81%
Total debt before deferred financing costs, discounts and premiums	$ 783.1		1,211.6
Telenet Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	4.79%	4.79%
Total debt before deferred financing costs, discounts and premiums	$ 3,381.7		3,558.9
Telenet Senior Secured Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.81%	4.81%
Total debt before deferred financing costs, discounts and premiums	$ 1,528.7		1,614.9
VM Ireland Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	5.31%	5.31%
Unused borrowing capacity, amount	$ 97.9	€ 100.0
Total debt before deferred financing costs, discounts and premiums	$ 881.1		1,024.9
Vendor financing
Debt Instrument [Line Items]
Weighted average interest rate	2.23%	2.23%
Total debt before deferred financing costs, discounts and premiums	$ 660.8		843.2	$ 1,003.5	$ 1,099.6
Other
Debt Instrument [Line Items]
Weighted average interest rate	4.16%	4.16%
Total debt before deferred financing costs, discounts and premiums	$ 518.2		$ 149.6

Debt ( Component of debt-Footnotes) (Details) € in Millions, $ in Millions	Sep. 30, 2022 USD ($)	Sep. 30, 2022 EUR (€)	Dec. 31, 2021 USD ($)
Debt Instrument [Line Items]
Weighted average interest rate	4.84%	4.84%
Unused borrowing capacity, amount	$ 1,339.6
Deferred liabilities	384.1
Long-term Debt
Debt Instrument [Line Items]
Estimated fair value	$ 11,700.0		$ 14,500.0
Aggregate Variable and Fixed Rate Indebtedness
Debt Instrument [Line Items]
Weighted average interest rate	3.17%	3.17%
UPC Holding Bank Facility
Debt Instrument [Line Items]
Weighted average interest rate	5.49%	5.49%
UPC Holding Bank Facility \| UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	$ 698.4	€ 713.4
Available to loan or distribute	203.5	207.9
UPC Holding Bank Facility \| Debt Covenant, Scenario 1 \| UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	698.4	713.4
Available to loan or distribute	$ 297.5	€ 303.9
Telenet Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	4.79%	4.79%
Telenet Credit Facility \| UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	$ 543.3	€ 555.0
Available to loan or distribute	543.3	555.0
Telenet Credit Facility \| Debt Covenant, Scenario 1 \| UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	543.3	555.0
Available to loan or distribute	$ 543.3	€ 555.0
VM Ireland Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	5.31%	5.31%
Unused borrowing capacity, amount	$ 97.9	€ 100.0
VM Ireland Credit Facility \| UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	97.9	100.0
Available to loan or distribute	96.1	98.2
VM Ireland Credit Facility \| Debt Covenant, Scenario 1 \| UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	97.9	100.0
Available to loan or distribute	87.2	89.1
UPC Revolving Facility One
Debt Instrument [Line Items]
Unused borrowing capacity, amount	698.4	713.4
UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	22.5	23.0
Telenet Revolving Credit Facility I
Debt Instrument [Line Items]
Unused borrowing capacity, amount	499.3	510.0
Telenet Overdraft Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	24.5	25.0
Telenet Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	$ 19.6	€ 20.0

Debt (Financing Transactions) (Details)	1 Months Ended				3 Months Ended		9 Months Ended
Debt (Financing Transactions) (Details)	May 31, 2022 USD ($)	May 31, 2022 EUR (€)	Apr. 30, 2022 USD ($)	Apr. 30, 2022 EUR (€)	Sep. 30, 2022 USD ($) group	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) group	Sep. 30, 2021 USD ($)	Apr. 30, 2022 EUR (€)
Debt Instrument [Line Items]
Number of borrowing groups \| group					3		3
Non-cash borrowings and repayments of debt							$ 0	$ 2,900,000,000
Losses (gains) on debt extinguishment, net					$ 0	$ 0	$ (2,800,000)	$ 90,600,000
3.875 % UPC Holding Senior Notes Debt
Debt Instrument [Line Items]
Extinguishment of debt	$ 50,200,000	€ 51,300,000	$ 200,800,000	€ 205,100,000
Debt instrument, face amount			$ 581,800,000						€ 594,300,000
Stated interest percentage	3.875%	3.875%	3.875%						3.875%
5.5% UPC Holdings Senior Notes
Debt Instrument [Line Items]
Extinguishment of debt			$ 82,700,000
Debt instrument, face amount			$ 535,000,000
Stated interest percentage			5.50%						5.50%
UPC Facility AQ
Debt Instrument [Line Items]
Extinguishment of debt	$ 8,400,000	€ 8,600,000
UPC Facility AQ \| UPC Holding Bank Facility
Debt Instrument [Line Items]
Repayments of lines of credit			$ 212,000,000	216,500,000
Maximum borrowing capacity			587,400,000						€ 600,000,000
UPC Facility AX \| UPC Holding Bank Facility
Debt Instrument [Line Items]
Repayments of lines of credit			208,000,000
Maximum borrowing capacity			1,925,000,000
UPC Facility AY \| UPC Holding Bank Facility
Debt Instrument [Line Items]
Repayments of lines of credit			165,900,000	€ 169,500,000
Maximum borrowing capacity			844,400,000						€ 862,500,000
UPC Holding
Debt Instrument [Line Items]
Losses (gains) on debt extinguishment, net	(4,800,000)		2,000,000
Net gain on settlement of discount	(5,100,000)		(4,700,000)
Write off deferred financing costs	$ 300,000		5,200,000
Payments of third party costs			$ 1,500,000

Debt (Maturities of Debt) (Details) $ in Millions	Sep. 30, 2022 USD ($)
Debt Instrument [Line Items]
2022 (remainder of year)	$ 165.1
2023	502.2
2024	39.4
2025	28.9
2026	29.5
2027	30.0
Thereafter	12,062.7
Total debt maturities	12,857.8
Deferred financing costs, discounts and premiums, net	(43.6)
Total debt	12,814.2
Current portion	644.1
Long-term portion	12,170.1
UPC Holding
Debt Instrument [Line Items]
2022 (remainder of year)	58.7
2023	179.8
2024	0.0
2025	0.0
2026	0.0
2027	0.0
Thereafter	5,887.3
Total debt maturities	6,125.8
Deferred financing costs, discounts and premiums, net	(26.0)
Total debt	6,099.8
Current portion	238.4
Long-term portion	5,861.4
Telenet
Debt Instrument [Line Items]
2022 (remainder of year)	86.0
2023	278.3
2024	25.1
2025	27.9
2026	29.5
2027	30.0
Thereafter	5,294.3
Total debt maturities	5,771.1
Deferred financing costs, discounts and premiums, net	(12.0)
Total debt	5,759.1
Current portion	355.7
Long-term portion	5,403.4
VM Ireland
Debt Instrument [Line Items]
2022 (remainder of year)	0.0
2023	0.0
2024	0.0
2025	0.0
2026	0.0
2027	0.0
Thereafter	881.1
Total debt maturities	881.1
Deferred financing costs, discounts and premiums, net	(5.6)
Total debt	875.5
Current portion	0.0
Long-term portion	875.5
Other
Debt Instrument [Line Items]
2022 (remainder of year)	20.4
2023	44.1
2024	14.3
2025	1.0
2026	0.0
2027	0.0
Thereafter	0.0
Total debt maturities	79.8
Deferred financing costs, discounts and premiums, net	0.0
Total debt	79.8
Current portion	50.0
Long-term portion	$ 29.8

Debt (Vendor Financing Obligations) (Schedule) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
2022 (remainder of year)	$ 165.1
2023	502.2
2024	39.4
2025	28.9
Total vendor financing maturities	12,857.8	$ 14,398.8
Current portion	644.1
Long-term portion	12,170.1
Telenet
Debt Instrument [Line Items]
2022 (remainder of year)	86.0
2023	278.3
2024	25.1
2025	27.9
Current portion	355.7
Long-term portion	5,403.4
UPC Holding
Debt Instrument [Line Items]
2022 (remainder of year)	58.7
2023	179.8
2024	0.0
2025	0.0
Current portion	238.4
Long-term portion	5,861.4
Other
Debt Instrument [Line Items]
2022 (remainder of year)	20.4
2023	44.1
2024	14.3
2025	1.0
Current portion	50.0
Long-term portion	29.8
Vendor financing
Debt Instrument [Line Items]
2022 (remainder of year)	164.5
2023	481.0
2024	14.3
2025	1.0
Total vendor financing maturities	660.8	$ 843.2	$ 1,003.5	$ 1,099.6
Current portion	631.0
Long-term portion	29.8
Vendor financing \| Telenet
Debt Instrument [Line Items]
2022 (remainder of year)	85.4
2023	257.1
2024	0.0
2025	0.0
Total vendor financing maturities	342.5
Current portion	342.5
Long-term portion	0.0
Vendor financing \| UPC Holding
Debt Instrument [Line Items]
2022 (remainder of year)	58.7
2023	179.8
2024	0.0
2025	0.0
Total vendor financing maturities	238.5
Current portion	238.5
Long-term portion	0.0
Vendor financing \| Other
Debt Instrument [Line Items]
2022 (remainder of year)	20.4
2023	44.1
2024	14.3
2025	1.0
Total vendor financing maturities	79.8
Current portion	50.0
Long-term portion	$ 29.8

Debt (Vendor Financing Obligations) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Vendor Financing Obligation [Roll Forward]
Balance at January 1	$ 14,398.8
Principal payments on operating-related vendor financing	(525.9)	$ (1,279.6)
Principal payments on capital-related vendor financing	(120.0)	(740.9)
Balance at September 30	12,857.8
Vendor financing
Vendor Financing Obligation [Roll Forward]
Balance at January 1	843.2	1,099.6
Balance at January 1, including amounts classified as held for sale	843.2	3,905.4
Operating-related vendor financing additions	397.1	1,657.5
Capital-related vendor financing additions	142.9	599.6
Principal payments on operating-related vendor financing	(525.9)	(1,279.6)
Principal payments on capital-related vendor financing	(120.0)	(740.9)
Foreign currency, acquisitions and other	(76.5)	102.8
Balance at September 30	660.8	1,003.5
Vendor financing \| U.K. J.V. Entities
Vendor Financing Obligation [Roll Forward]
Balance at January 1	0.0	2,805.8
Balance at September 30	$ 0.0	$ 3,241.3

Leases (Lease Balances) (Details) - USD ($) $ in Millions	9 Months Ended
Leases (Lease Balances) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Sep. 30, 2021	Jun. 01, 2022	Dec. 31, 2021
ROU assets:
Finance leases	$ 350.4			$ 426.0
Operating leases	1,630.2		$ 615.1	1,327.8
Total ROU assets	1,980.6			1,753.8
Lease liabilities:
Finance lease	405.7			484.0
Operating leases	1,682.9		$ 615.1	1,364.8
Total lease liabilities	$ 2,088.6			$ 1,848.8
Finance lease, right-of-use asset, statement of financial position [Extensible List]	Property and equipment, net			Property and equipment, net
Operating lease, right-of-use asset, statement of financial position [Extensible List]	Other assets, net			Other assets, net
Finance lease, liability, noncurrent, statement of financial position [Extensible List]	Long-term debt and finance lease obligations			Long-term debt and finance lease obligations
Finance lease, liability, current, statement of financial position [Extensible List]	Current portion of debt and finance lease obligations (notes 9 and 10)			Current portion of debt and finance lease obligations (notes 9 and 10)
Operating lease, liability, current, statement of financial position [Extensible List]	Other Accrued Liabilities, Current			Other Accrued Liabilities, Current
Weighted average remaining lease term for finance leases	21 years 7 months 6 days
Weighted average discount rate, for finance leases	6.00%
ROU assets associated with finance leases	$ 25.8	$ 27.8
Weighted average remaining lease term for operating leases	13 years 3 months 18 days
Weighted average discount rate, for operating leases	5.70%
Addition to ROU assets associated with operating leases	$ 670.0	$ 67.4

Leases (Lease Expense and Cash Outflows from Operating and Finance Leases) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Finance lease expense:
Depreciation and amortization	$ 14.7	$ 17.2	$ 49.5	$ 55.8
Interest expense	6.4	7.2	20.3	23.9
Total finance lease expense	21.1	24.4	69.8	79.7
Operating lease expense	56.1	38.5	168.8	164.7
Short-term lease expense	1.0	1.1	3.1	4.0
Variable lease expense	0.2	0.4	1.7	1.6
Total lease expense	$ 78.4	$ 64.4	243.4	250.0
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases			163.7	164.1
Operating cash outflows from finance leases (interest component)			20.3	23.9
Financing cash outflows from finance leases (principal component)			46.5	59.0
Total cash outflows from operating and finance leases			$ 230.5	$ 247.0

Leases (Maturities of Operating and Financing Lease Liabilities) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Jun. 01, 2022	Dec. 31, 2021
Operating leases
2022 (remainder of year)	$ 60.3
2023	183.4
2024	169.4
2025	160.4
2026	153.3
2027	146.8
Thereafter	1,323.8
Total payments	2,197.4
Less: present value discount	(514.5)
Present value of lease payments	1,682.9	$ 615.1	$ 1,364.8
Current portion	132.6
Long-term portion	1,550.3		1,226.1
Finance leases
2022 (remainder of year)	23.0
2023	92.4
2024	58.9
2025	55.5
2026	51.0
2027	46.1
Thereafter	198.8
Total payments	525.7
Less: present value discount	(120.0)
Present value of lease payments	405.7		$ 484.0
Current portion	72.6
Long-term portion	$ 333.1

Income Taxes (Reconciliation of Federal to Effective Taxes) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accrued Income Taxes [Abstract]
Computed “expected” tax (expense)	$ (474.3)	$ (60.4)	$ (1,139.8)	$ (2,533.3)
Non-deductible or non-taxable foreign currency exchange results	334.7	88.9	729.7	169.7
Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates	103.7	99.3	364.1	75.1
International rate differences	(33.9)	(39.5)	(150.3)	(81.1)
Non-deductible or non-taxable interest and other items	(19.6)	(12.3)	(85.8)	(50.7)
Change in valuation allowances	11.8	(19.1)	47.4	(107.6)
Tax benefit associated with technology innovation	5.1	5.7	16.4	17.2
Recognition of previously unrecognized tax benefits	0.0	0.0	0.0	20.5
Non-taxable gain (adjustment to gain) associated with the U.K. JV Transaction	0.0	(66.0)	0.0	2,050.2
Other, net	7.7	1.2	8.7	(4.2)
Total income tax expense	$ (64.8)	$ (2.2)	$ (209.6)	$ (444.2)

Income Taxes (Narrative) (Details) - USD ($) $ in Millions		12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Oct. 07, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Tax Contingency [Line Items]
Unrecognized tax benefits			$ 431.9
UTB that would impact effective tax rate			$ 409.4
Subsequent Event
Income Tax Contingency [Line Items]
Income tax penalties and interest expense	$ 110.0
Tax Year 2018 \| Subsequent Event \| Income Tax Contingency
Income Tax Contingency [Line Items]
Damages sought	$ 284.0
Forecast
Income Tax Contingency [Line Items]
Unrecognized tax benefits decrease		$ 11.0

Equity (Details) - USD ($)	9 Months Ended
Equity (Details) - USD ($)	Sep. 30, 2022	Jul. 31, 2022
Class of Stock [Line Items]
Authorized amount of share repurchases		$ 400,000,000
Remaining authorized for share repurchases	$ 114,600,000
Minimum repurchase percentage	10.00%
Class A
Class of Stock [Line Items]
Stock repurchased (in shares)	3,856,700
Average price paid per share (in dollars per share)	$ 21.55
Class C
Class of Stock [Line Items]
Stock repurchased (in shares)	62,747,813
Average price paid per share (in dollars per share)	$ 23.97
Aggregate purchase price	$ 1,587,300,000

Share-based Compensation (Share-Based Compensation Expense) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended			9 Months Ended
	Apr. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 42.7	$ 58.0		$ 143.4	$ 220.6
Percent of annual incentive compensation receivable in shares		100.00%			100.00%
SARs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense				$ 22.7
SARs \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	7 years
SARs \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Other operating expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 1.0	1.6		$ 3.4	10.4
SG&A expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		41.7	56.4		140.0	210.2
Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		41.1	51.1		125.9	188.7
Non-performance based incentive awards \| Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		31.4	31.4		96.5	116.2
Performance-based incentive awards \| Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		0.0	11.9		7.1	50.3
Other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		1.6	6.9		17.5	31.9
Other \| Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 9.7	$ 7.8		$ 22.3	$ 22.2

Share-based Compensation (Awards Outstanding and Exercisable) (Details)	Sep. 30, 2022 $ / shares shares
Held by Liberty Global employees: \| Options and SARs \| Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	25,412,528
Options outstanding, weighted average exercise or base price (in dollars per shares) \| $ / shares	$ 26.92
Options exercisable (in shares)	18,025,425
Options exercisable, weighted average exercise price or base price (in dollars per shares) \| $ / shares	$ 28.16
Held by Liberty Global employees: \| Options and SARs \| Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	59,394,995
Options outstanding, weighted average exercise or base price (in dollars per shares) \| $ / shares	$ 26.07
Options exercisable (in shares)	38,810,843
Options exercisable, weighted average exercise price or base price (in dollars per shares) \| $ / shares	$ 27.06
Held by Liberty Global employees: \| RSUs \| Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	2,030,337
Held by Liberty Global employees: \| RSUs \| Class B
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	7,890
Held by Liberty Global employees: \| RSUs \| Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	4,060,073
Held by former Liberty Global employees \| Options and SARs \| Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	1,657,050
Options outstanding, weighted average exercise or base price (in dollars per shares) \| $ / shares	$ 31.31
Options exercisable (in shares)	1,578,680
Options exercisable, weighted average exercise price or base price (in dollars per shares) \| $ / shares	$ 31.75
Held by former Liberty Global employees \| Options and SARs \| Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	3,812,478
Options outstanding, weighted average exercise or base price (in dollars per shares) \| $ / shares	$ 29.59
Options exercisable (in shares)	3,655,773
Options exercisable, weighted average exercise price or base price (in dollars per shares) \| $ / shares	$ 29.92
Held by former Liberty Global employees \| RSUs \| Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	32,813
Held by former Liberty Global employees \| RSUs \| Class B
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	0
Held by former Liberty Global employees \| RSUs \| Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	66,834

Share-based Compensation (Narrative) (Details) - 2022 Ventures Incentive Plan	1 Months Ended
	Apr. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Assessed period	3 years
Vesting percentage	100.00%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Eligible participants’ initial contribution percent	10.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Eligible participants’ initial contribution percent	50.00%

Share-based Compensation (Ventures Incentive Plan) (Details) $ in Millions	Sep. 30, 2022 USD ($)
Ventures Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of final payout	$ 25.6
2021 Ventures Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of final payout	16.0
2022 Ventures Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of final payout	$ 9.6

Earnings per Share (Schedules) (Details) - shares	3 Months Ended		9 Months Ended
Earnings per Share (Schedules) (Details) - shares	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Weighted average ordinary shares outstanding (basic EPS computation) (in shares)	477,176,983	551,973,418	499,476,564	561,295,200
Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method) (in shares)	5,338,957	13,071,058	8,403,044	13,131,584
Weighted average common shares (diluted EPS computation) (in shares)	482,515,940	565,044,476	507,879,608	574,426,784

Earnings per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Stock Options, SARs and RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Aggregate number of shares excluded from computation of EPS (in shares)	80.4	51.5	60.1	51.5

Earnings per Share (Net Earnings (Loss) From Continuing Operations) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings from continuing operations	$ 2,431.7	$ 315.6	$ 5,789.6	$ 12,889.2
Net earnings from continuing operations attributable to noncontrolling interests	(83.7)	(41.6)	(500.2)	(142.8)
Net earnings from continuing operations attributable to Liberty Global shareholders	$ 2,348.0	$ 274.0	$ 5,289.4	$ 12,746.4

- Definition

Amount after tax of income (loss) from continuing operations attributable to the parent.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 18
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4613673-111683

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126958026&loc=SL5780133-109256

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.13)
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

+ Details

- Definition

Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4569616-111683

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

+ Details

Commitments and Contingencies (Unrecorded Purchase Obligation) (Details) $ in Millions	Sep. 30, 2022 USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	$ 313.1
2023	638.5
2024	347.0
2025	242.4
2026	158.6
2027	109.7
Thereafter	866.4
Total	2,675.7
Network and connectivity commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	65.3
2023	192.9
2024	153.6
2025	113.4
2026	68.9
2027	65.4
Thereafter	757.8
Total	1,417.3
Purchase commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	172.1
2023	259.3
2024	51.0
2025	29.5
2026	13.1
2027	0.9
Thereafter	0.5
Total	526.4
Programming commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	48.3
2023	129.5
2024	110.6
2025	67.1
2026	44.6
2027	17.3
Thereafter	0.0
Total	417.4
Other commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	27.4
2023	56.8
2024	31.8
2025	32.4
2026	32.0
2027	26.1
Thereafter	108.1
Total	$ 314.6

Commitments and Contingencies (Narrative) (Details) € in Millions	1 Months Ended		9 Months Ended
	Dec. 31, 2015 USD ($)	Dec. 31, 2015 EUR (€)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 EUR (€)	May 26, 2020	Aug. 01, 2018
Loss Contingencies [Line Items]
Programming costs			$ 368,800,000	$ 957,900,000
Percentage of amounts recovered			50.00%
Percentage of net present value, cost savings			50.00%
Percentage of legal and other third party, fees			50.00%
Percent of reduction in monthly wholesale cable resale access prices							11.50%
Disposed of by sale \| UPC Austria
Loss Contingencies [Line Items]
Amount of claim					$ 123,600,000	€ 126.3
Interkabel Acquisition
Loss Contingencies [Line Items]
Damages sought	$ 1,400,000,000	€ 1,400.0
Loss contingency accrual			$ 0
Belgium Regulatory Developments
Loss Contingencies [Line Items]
Percent of reduction in monthly wholesale cable resale access prices								17.00%

Segment Reporting (Narrative) (Details)	9 Months Ended
Segment Reporting (Narrative) (Details)	Sep. 30, 2022	Jun. 01, 2022	Jun. 30, 2021	Jun. 01, 2021
Segment Reporting Information [Line Items]
Performance measures, percentage of reportable segment revenue and operating cash flow presented	100.00%
VMO2 JV
Segment Reporting Information [Line Items]
Ownership percentage	50.00%	50.00%	50.00%	50.00%
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Ownership percentage	50.00%
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100.00%
Telenet
Segment Reporting Information [Line Items]
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100.00%

Segment Reporting (Performance Measures) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,746.3	$ 1,901.4	$ 5,353.8	$ 8,390.5
Adjusted EBITDA	664.0	758.5	1,998.1	3,273.2
VMO2 JV
Segment Reporting Information [Line Items]
Revenue	3,042.1	3,614.0	9,642.7	4,822.5
VMO2 JV \| Equity Method Investment, Nonconsolidated Investee or Group of Investees
Segment Reporting Information [Line Items]
Adjusted EBITDA	1,060.5	1,180.3	3,515.2	1,591.3
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Revenue	1,041.7	1,206.1	3,237.3	3,638.4
VodafoneZiggo JV \| Equity Method Investment, Nonconsolidated Investee or Group of Investees
Segment Reporting Information [Line Items]
Adjusted EBITDA	501.4	578.1	1,530.1	1,713.4
Operating Segments \| Switzerland
Segment Reporting Information [Line Items]
Revenue	789.8	830.2	2,377.3	2,497.4
Adjusted EBITDA	302.5	330.8	880.2	910.9
Operating Segments \| Belgium
Segment Reporting Information [Line Items]
Revenue	665.1	755.4	2,078.6	2,302.9
Adjusted EBITDA	318.7	369.1	989.4	1,130.5
Operating Segments \| Ireland
Segment Reporting Information [Line Items]
Revenue	116.1	136.0	365.4	406.2
Adjusted EBITDA	49.6	59.1	152.5	160.7
Operating Segments \| U.K.
Segment Reporting Information [Line Items]
Revenue	0.0	0.0	0.0	2,736.4
Adjusted EBITDA	0.0	0.0	0.0	1,085.3
Central and Other
Segment Reporting Information [Line Items]
Revenue	177.4	181.4	539.4	458.7
Adjusted EBITDA	(6.8)	1.5	(23.6)	(15.8)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	(2.1)	(1.6)	(6.9)	(11.1)
Adjusted EBITDA	$ 0.0	$ (2.0)	$ (0.4)	$ 1.6

Segment Reporting (Reconciliation of Consolidated Segment Adjusted EBITDA) (Schedule) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
	Sep. 01, 2021	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Earnings from continuing operations		$ 2,431.7	$ 315.6	$ 5,789.6	$ 12,889.2
Income tax expense		64.8	2.2	209.6	444.2
Other income, net		(21.7)	(8.2)	(60.2)	(25.6)
Share of results of affiliates, net		(501.0)	29.2	(812.6)	35.6
Losses (gains) on debt extinguishment, net		0.0	0.0	(2.8)	90.6
Realized and unrealized losses (gains) due to changes in fair values of certain investments, net		2.1	109.4	207.7	(373.3)
Foreign currency transaction gains, net		(1,462.7)	(422.4)	(3,186.4)	(857.6)
Realized and unrealized gains on derivative instruments, net		(546.9)	(199.3)	(1,669.1)	(707.4)
Interest expense		149.7	140.9	416.8	748.1
Operating income		108.9	101.0	192.2	1,239.4
Impairment, restructuring and other operating items, net		6.4	17.2	74.1	68.4
Depreciation and amortization		506.0	582.3	1,588.4	1,744.8
Share-based compensation expense		42.7	58.0	143.4	220.6
Adjusted EBITDA		664.0	758.5	1,998.1	3,273.2
AtlasEdge JV
Segment Reporting Information [Line Items]
Gain on investments	$ (213.7)	0.0	(213.7)	0.0	(213.7)
Share of results of affiliates, net		5.2	0.0	13.3	0.0
U.K. JV Transaction
Segment Reporting Information [Line Items]
Gain on investments		0.0	347.3	0.0	(10,790.7)
Telenet
Segment Reporting Information [Line Items]
Gain on investments		$ (7.1)	$ 0.0	$ (700.4)	$ 0.0

Segment Reporting (Capital Expenditures of Reportable Segments) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 1,089.6	$ 1,683.8
Assets acquired under capital-related vendor financing arrangements	(142.9)	(599.6)
Assets acquired under finance leases	(25.8)	(27.8)
Changes in current liabilities related to capital expenditures	8.4	58.0
Total capital expenditures, net	929.3	1,114.4
VMO2 JV
Segment Reporting Information [Line Items]
Property and equipment additions:	2,053.7	898.8
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Property and equipment additions:	683.7	705.0
Operating Segments \| Switzerland
Segment Reporting Information [Line Items]
Total property and equipment additions	395.8	413.1
Operating Segments \| Belgium
Segment Reporting Information [Line Items]
Total property and equipment additions	433.9	424.5
Operating Segments \| Ireland
Segment Reporting Information [Line Items]
Total property and equipment additions	83.4	61.9
Operating Segments \| U.K.
Segment Reporting Information [Line Items]
Total property and equipment additions	0.0	557.4
Central and Other
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 176.5	$ 226.9

Segment Reporting (Revenue by Major Category) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,746.3	$ 1,901.4	$ 5,353.8	$ 8,390.5
Total residential fixed revenue
Segment Reporting Information [Line Items]
Revenue	710.4	805.9	2,220.0	4,406.4
Total subscription revenue
Segment Reporting Information [Line Items]
Revenue	689.0	780.4	2,145.8	4,278.5
Broadband internet
Segment Reporting Information [Line Items]
Revenue	336.1	366.4	1,037.5	2,008.5
Video
Segment Reporting Information [Line Items]
Revenue	261.3	302.6	817.2	1,537.5
Fixed-line telephony
Segment Reporting Information [Line Items]
Revenue	91.6	111.4	291.1	732.5
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	21.4	25.5	74.2	127.9
Total residential revenue
Segment Reporting Information [Line Items]
Revenue	1,193.7	1,331.9	3,664.6	6,304.9
Total residential mobile revenue
Segment Reporting Information [Line Items]
Revenue	483.3	526.0	1,444.6	1,898.5
Subscription revenue
Segment Reporting Information [Line Items]
Revenue	356.5	376.0	1,056.7	1,271.3
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	126.8	150.0	387.9	627.2
Total B2B revenue
Segment Reporting Information [Line Items]
Revenue	341.4	346.5	1,032.3	1,493.4
Subscription revenue
Segment Reporting Information [Line Items]
Revenue	127.4	139.1	387.6	482.1
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	214.0	207.4	644.7	1,011.3
Other revenue
Segment Reporting Information [Line Items]
Revenue	$ 211.2	$ 223.0	$ 656.9	$ 592.2

Segment Reporting (Geographic Segments) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,746.3	$ 1,901.4	$ 5,353.8	$ 8,390.5
VMO2 JV
Segment Reporting Information [Line Items]
Revenue	3,042.1	3,614.0	9,642.7	4,822.5
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Revenue	1,041.7	1,206.1	3,237.3	3,638.4
Operating Segments \| Switzerland
Segment Reporting Information [Line Items]
Revenue	789.8	830.2	2,377.3	2,497.4
Operating Segments \| Belgium
Segment Reporting Information [Line Items]
Revenue	665.1	755.4	2,078.6	2,302.9
Operating Segments \| Ireland
Segment Reporting Information [Line Items]
Revenue	116.1	136.0	365.4	406.2
Operating Segments \| Slovakia
Segment Reporting Information [Line Items]
Revenue	12.0	12.9	37.3	39.1
Operating Segments \| U.K.
Segment Reporting Information [Line Items]
Revenue	0.0	0.0	0.0	2,736.4
Other, including intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	$ 163.3	$ 166.9	$ 495.2	$ 408.5

Label	Element	Value
Vendor Financing [Member]
Long Term Debt And Assets Held For Sale	lbtya_LongTermDebtAndAssetsHeldForSale	$ 660,800,000
Long Term Debt And Assets Held For Sale	lbtya_LongTermDebtAndAssetsHeldForSale	$ 4,244,800,000