Liberty Global (LBTYK) 10-Q 6 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	Apr. 30, 2019
Document and Entity Information [Line Items]
Entity Registrant Name	Liberty Global plc
Entity Central Index Key	0001570585
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Emerging Growth Company	false
Entity Small Business	false
Class A
Document and Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		205,223,842
Class B
Document and Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		11,489,888
Class C
Document and Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		520,930,134

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 939.4	$ 1,480.5
Trade receivables, net	1,258.9	1,342.1
Derivative instruments (note 6)	395.8	394.2
Prepaid expenses	266.7	171.4
Current assets of discontinued operations (note 4)	412.1	356.5
Other current assets (notes 3 and 5)	404.3	396.7
Total current assets	3,677.2	4,141.4
Investments and related note receivables (including $1,187.1 million and $1,174.8 million, respectively, measured at fair value on a recurring basis) (note 5)	5,014.4	5,121.8
Property and equipment, net (notes 8 and 10)	13,811.4	13,878.9
Goodwill (note 8)	13,749.9	13,715.8
Deferred tax assets (note 11)	2,560.6	2,488.2
Long-term assets of discontinued operations (note 4)	10,559.5	10,174.6
Other assets, net (notes 3, 6, 10 and 8)	4,064.6	3,632.9
Total assets	53,437.6	53,153.6
Current liabilities:
Accounts payable	761	874.3
Deferred revenue	800.2	847.1
Current portion of debt and finance lease obligations (notes 9 and 10)	3,679.4	3,615.2
Accrued capital expenditures	449	543.2
Current liabilities of discontinued operations (note 4)	2,082.4	1,967.5
Other accrued and current liabilities (notes 6, 10 and 14)	2,403.2	2,458.8
Total current liabilities	10,175.2	10,306.1
Long-term debt and finance lease obligations (notes 9 and 10)	26,360.3	26,190
Long-term liabilities of discontinued operations (note 4)	10,318.3	10,072.4
Other long-term liabilities (notes 6, 10, 11 and 14)	2,734.2	2,436.8
Total liabilities	49,588	49,005.3
Commitments and contingencies (notes 6, 9, 11 and 16)
Liberty Global shareholders:
Additional paid-in capital	9,020.3	9,214.5
Accumulated deficit	(5,164)	(5,172.2)
Accumulated other comprehensive earnings, net of taxes	496.6	631.8
Treasury shares, at cost	(0.1)	(0.1)
Total Liberty Global shareholders	4,360.1	4,681.4
Noncontrolling interests	(510.5)	(533.1)
Total equity	3,849.6	4,148.3
Total liabilities and equity	53,437.6	53,153.6
Class A ordinary shares, $0.01 nominal value. Issued and outstanding 204,748,939 and 204,450,499 shares, respectively
Liberty Global shareholders:
Common stock	2	2
Class B ordinary shares, $0.01 nominal value. Issued and outstanding 11,489,888 shares and 11,099,593 shares, respectively
Liberty Global shareholders:
Common stock	0.1	0.1
Class C ordinary shares, $0.01 nominal value. Issued and outstanding 522,757,246 and 531,174,389 shares, respectively
Liberty Global shareholders:
Common stock	$ 5.2	$ 5.3

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Investments	$ 1,187.1	$ 1,174.8
Class A
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	204,748,939	204,450,499
Common stock, outstanding (in shares)	204,748,939	204,450,499
Class B
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	11,489,888	11,099,593
Common stock, outstanding (in shares)	11,489,888	11,099,593
Class C
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	522,757,246	531,174,389
Common stock, outstanding (in shares)	522,757,246	531,174,389

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement [Abstract]
Revenue (notes 3, 5 and 17)	$ 2,868	$ 3,063.5
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	800.4	847.1
Other operating (note 13)	419.4	462
Selling, general and administrative (SG&A) (note 13)	532.2	535.4
Depreciation and amortization	939.6	1,040.7
Impairment, restructuring and other operating items, net (notes 14 and 16)	70.9	60.7
Operating costs and expenses	2,762.5	2,945.9
Operating income	105.5	117.6
Non-operating income (expense):
Interest expense	(367.3)	(375.3)
Realized and unrealized losses on derivative instruments, net (note 6)	(82.8)	(211.3)
Foreign currency transaction gains (losses), net	138.6	(101.7)
Realized and unrealized losses due to changes in fair values of certain investments and debt, net (notes 5, 7 and 9)	(8.2)	(57.2)
Share of results of affiliates, net (note 5)	(70.9)	(36.5)
Other income, net	6	7.2
Non-operating income (expense)	(384.6)	(774.8)
Loss from continuing operations before income taxes	(279.1)	(657.2)
Income tax expense (note 11)	(27.8)	(710)
Loss from continuing operations	(306.9)	(1,367.2)
Earnings from discontinued operations, net of taxes (note 4)	322.6	188.6
Net earnings (loss)	15.7	(1,178.6)
Net earnings attributable to noncontrolling interests	(8.7)	(7.9)
Net earnings (loss) attributable to Liberty Global shareholders	$ 7	$ (1,186.5)
Basic and diluted loss from continuing operations attributable to Liberty Global shareholders per share (note 15) (in dollars per share)	$ (0.43)	$ (1.70)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net earnings (loss)	$ 15.7	$ (1,178.6)
Other comprehensive earnings (loss), net of taxes:
Foreign currency translation adjustments	(116)	581.2
Pension-related adjustments and other	(0.4)	(0.9)
Other comprehensive earnings (loss) from continuing operations	(135)	592.2
Comprehensive loss	(119.3)	(586.4)
Comprehensive earnings attributable to noncontrolling interests	(8.9)	(7.9)
Comprehensive loss attributable to Liberty Global shareholders	(128.2)	(594.3)
Other comprehensive earnings (loss) from continuing operations
Other comprehensive earnings (loss), net of taxes:
Other comprehensive earnings (loss) from continuing operations	(116.4)	580.3
Other comprehensive earnings (loss) from discontinued operations
Other comprehensive earnings (loss), net of taxes:
Other comprehensive earnings (loss) from continuing operations	$ (18.6)	$ 11.9

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity (unaudited) - USD ($) $ in Millions	Total	Total Liberty Global shareholders	Ordinary sharesClass A	Ordinary sharesClass B	Ordinary sharesClass C	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive earnings, net of taxes	Treasury shares, at cost	Non-controlling interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting change (note 2)	$ 324.5	$ 320.1					$ 320.1			$ 4.4
Balance, as adjusted for accounting change	6,717.5	7,125.1	$ 2.2	$ 0.1	$ 5.8	$ 11,358.6	(5,897.5)	$ 1,656	$ (0.1)	(407.6)
Balance, before effect of accounting change at Dec. 31, 2017	6,393	6,805	2.2	0.1	5.8	11,358.6	(6,217.6)	1,656	(0.1)	(412)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	(1,178.6)	(1,186.5)					(1,186.5)			7.9
Other comprehensive loss, net of taxes	592.2	592.2						592.2		0
Repurchase and cancellation of Liberty Global ordinary shares (note 12)	(496.3)	(496.3)			(0.1)	(496.2)
Repurchase by Telenet of its outstanding shares	(32.1)	(34.7)				(34.7)				2.6
Share-based compensation (note 13)	40.4	40.4				40.4
Adjustments due to changes in subsidiaries’ equity and other, net	(8.4)	(7.6)				(7.6)				(0.8)
Balance at Mar. 31, 2018	5,634.7	6,032.6	2.2	0.1	5.7	10,860.5	(7,084)	2,248.2	(0.1)	(397.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting change (note 2)	1.2	1.2					1.2
Balance, as adjusted for accounting change	4,149.5	4,682.6	2	0.1	5.3	9,214.5	(5,171)	631.8	(0.1)	(533.1)
Balance, before effect of accounting change at Dec. 31, 2018	4,148.3	4,681.4	2	0.1	5.3	9,214.5	(5,172.2)	631.8	(0.1)	(533.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	15.7	7					7			8.7
Other comprehensive loss, net of taxes	(135)	(135.2)						(135.2)		0.2
Repurchase and cancellation of Liberty Global ordinary shares (note 12)	(214.1)	(214.1)			(0.1)	(214)
Repurchase by Telenet of its outstanding shares	(56.9)	(68.2)				(68.2)				11.3
Share-based compensation (note 13)	55.6	55.6				55.6
Adjustments due to changes in subsidiaries’ equity and other, net	34.8	32.4				32.4				2.4
Balance at Mar. 31, 2019	$ 3,849.6	$ 4,360.1	$ 2	$ 0.1	$ 5.2	$ 9,020.3	$ (5,164)	$ 496.6	$ (0.1)	$ (510.5)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net earnings (loss)	$ 15.7	$ (1,178.6)
Earnings from discontinued operations	322.6	188.6
Loss from continuing operations	(306.9)	(1,367.2)
Adjustments to reconcile loss from continuing operations to net cash provided by operating activities of continuing operations:
Share-based compensation expense	67.3	42.7
Depreciation and amortization	939.6	1,040.7
Impairment, restructuring and other operating items, net	70.9	60.7
Amortization of deferred financing costs and non-cash interest	13.5	14.7
Realized and unrealized losses on derivative instruments, net	82.8	211.3
Foreign currency transaction losses (gains), net	(138.6)	101.7
Realized and unrealized losses due to changes in fair values of certain investments and debt, net	8.2	57.2
Share of results of affiliates, net	70.9	36.5
Deferred income tax benefit	(44.1)	(45.9)
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions	(457.3)	517.9
Net cash provided by operating activities of continuing operations	306.3	670.3
Net cash provided by operating activities of discontinued operations	459.1	609
Net cash provided by operating activities	765.4	1,279.3
Cash flows from investing activities:
Capital expenditures, net	(331.3)	(484.2)
Investments in and loans to affiliates and others	(41.3)	(22.4)
Other investing activities, net	4.9	1.3
Net cash used by investing activities of continuing operations	(367.7)	(505.3)
Net cash used by investing activities of discontinued operations	(109.6)	(165.8)
Net cash used by investing activities	(477.3)	(671.1)
Cash flows from financing activities:
Repayments and repurchases of debt and finance lease obligations	(1,395.1)	(1,796.9)
Borrowings of debt	926.6	670
Repurchase of Liberty Global ordinary shares	(207.2)	(480.1)
Repurchase by Telenet of its outstanding shares	(57.3)	(33.8)
Other financing activities, net	(4.5)	(5.1)
Net cash used by financing activities of continuing operations	(737.5)	(1,645.9)
Net cash used by financing activities of discontinued operations	(78.3)	(86.5)
Net cash used by financing activities	(815.8)	(1,732.4)
Effect of exchange rate changes on cash and cash equivalents and restricted cash:
Continuing operations	(7.4)	14.1
Discontinued operations	(0.2)	0
Total	(7.6)	14.1
Net decrease in cash and cash equivalents and restricted cash:
Continuing operations	(806.3)	(1,466.8)
Discontinued operations	271	356.7
Total	(535.3)	(1,110.1)
Cash and cash equivalents and restricted cash:
Beginning of period	1,498.3	1,682.9
Net decrease	(535.3)	(1,110.1)
End of period	963	572.8
Cash paid for interest:
Continuing operations	516.1	468.7
Discontinued operations	177.6	159.6
Total	693.7	628.3
Net cash paid for taxes:
Continuing operations	183	112.3
Discontinued operations	88.3	10.7
Total	$ 271.3	$ 123

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2019	Mar. 31, 2018
Details of end of period cash and cash equivalents and restricted cash:
Cash and cash equivalents	$ 939.4	$ 554.9
Restricted cash included in other current assets and other assets, net	21.8	15.8
Restricted cash included in current and long-term assets of discontinued operations	1.8	2.1
Total cash and cash equivalents and restricted cash	$ 963	$ 572.8

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2019
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 video, broadband internet, 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) the United Kingdom ( U.K. ) and Ireland through Virgin Media Inc. ( Virgin Media ), a wholly-owned subsidiary of Liberty Global , (ii) Belgium through Telenet Group Holding N.V. ( Telenet ), a 60.3% -owned subsidiary of Liberty Global , (iii) Switzerland and Poland through UPC Holding B.V. and (iv) Slovakia through UPC Broadband Slovakia s.r.o. UPC Holding B.V. and UPC Broadband Slovakia s.r.o., which are each wholly-owned subsidiaries of Liberty Global , are collectively referred to herein as “ UPC Holding .” In addition, we own a 50% noncontrolling interest in a 50 : 50 joint venture between Vodafone Group plc ( Vodafone ) and Liberty Global (the VodafoneZiggo JV ), which provides residential and B2B communication services in the Netherlands. On February 27, 2019, we entered into an agreement to sell our operations in Switzerland. For additional information, see note 4 . We also currently provide residential and B2B communication services in (i) Germany through Unitymedia GmbH ( Unitymedia ) and (ii) Hungary, the Czech Republic and Romania through UPC Holding B.V. On May 9, 2018, we reached an agreement to sell these operations, and we expect this transaction to close during the summer of 2019. In addition, (a) through May 2, 2019, we provided direct-to-home satellite ( DTH ) services to residential customers in Hungary, the Czech Republic, Romania and Slovakia through a Luxembourg-based subsidiary of UPC Holding B.V. that we refer to as “ UPC DTH ” and (b) through July 31, 2018, we provided residential and B2B communication services in Austria. In these condensed consolidated financial statements, our operations in Austria, Germany, Romania, Hungary and the Czech Republic and the operations of UPC DTH are presented as discontinued operations for all applicable periods. For additional information regarding these pending and completed dispositions, see note 4 . Unless otherwise indicated, the amounts presented in these notes relate only to our continuing operations. Our unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States ( U.S. 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 U.S. 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 2018 consolidated financial statements and notes thereto included in our 2018 Annual Report on Form 10-K, as amended (our 10-K ). The preparation of financial statements in conformity with U.S. 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, ownership percentages and convenience translations into United States ( U.S. ) dollars are calculated as of March 31, 2019 .

Accounting Changes and Recent A

Accounting Changes and Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2019
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes and Recent Accounting Pronouncements Accounting Changes ASU 2016-02 In February 2016, the Financial Accounting Standards Board ( FASB ) issued Accounting Standards Update ( ASU ) No. 2016-02, Leases ( ASU 2016-02 ), which, for most leases, results in lessees recognizing right-of-use ( ROU ) assets and lease liabilities on the balance sheet. ASU 2016-02 , as amended by ASU No. 2018-11, Targeted Improvements , requires lessees and lessors to recognize and measure leases at the beginning of the earliest period presented using one of two modified retrospective approaches. A number of optional practical expedients may be applied in transition. We adopted ASU 2016-02 on January 1, 2019. The main impact of the adoption of ASU 2016-02 relates to the recognition of ROU assets and lease liabilities on our consolidated balance sheet for those leases classified as operating leases under previous U.S. GAAP . In transition, we have applied the practical expedients that permit us not to reassess (i) whether expired or existing contracts contain a lease under the new standard, (ii) the lease classification for expired or existing leases or (iii) whether previously-capitalized initial direct costs would qualify for capitalization under the new standard. In addition, we have not used hindsight during transition. Upon adoption of ASU 2016-02 , on January 1, 2019 our continuing operations recorded (i) ROU assets of $545.1 million and lease liabilities of $558.1 million related to operating leases, (ii) ROU assets and lease liabilities related to finance leases of $26.2 million and (iii) a decrease to our accumulated deficit of $1.2 million . In addition, we reclassified our existing prepaid lease expense, accrued lease expense and lease incentive liabilities, resulting in a net reduction of our ROU assets of $14.2 million . The adoption of ASU 2016-02 did not have a significant impact on our consolidated statements of operations or cash flows for the three months ended March 31, 2019 . We have implemented a new lease accounting system and related internal controls over financial reporting to meet the requirements of ASU 2016-02 . For additional information regarding our leases, see note 10 . Recent Accounting Pronouncements ASU 2018-15 In August 2018, the FASB issued ASU No. 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract ( ASU 2018-15 ), which requires entities to defer implementation costs incurred that are related to the application development stage in a cloud computing arrangement that is a service contract. Deferred implementation costs will be amortized over the term of the cloud computing arrangement and presented in the same expense line item as the cloud computing arrangement. All other implementation costs will be expensed as incurred. ASU 2018-15 is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the effect that ASU 2018-15 will have on our consolidated financial statements. ASU 2019-02 In March 2019, the FASB issued ASU No. 2019-02, Improvements to Accounting for Costs of Films and License Agreements for Program Materials ( ASU 2019-02 ), which aligns the accounting for production costs of an episodic television series with the accounting for production costs of films. ASU 2019-02 removes the existing constraint that restricts capitalization of production costs to contracted revenue for episodic television series. The amended guidance also requires entities to test a film or license agreement for impairment at the film group level, addresses cash flow classification and provides new disclosure requirements. ASU 2019-02 is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the effect that ASU 2019-02

Revenue Recognition and Related

Revenue Recognition and Related Costs	3 Months Ended
	Mar. 31, 2019
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 $47.4 million and $45.8 million at March 31, 2019 and December 31, 2018 , 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 $47.1 million and $44.3 million as of March 31, 2019 and December 31, 2018 , 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 $829.8 million and $877.9 million as of March 31, 2019 and December 31, 2018 , respectively. The decrease in deferred revenue for the three months ended March 31, 2019 is primarily due to $697.5 million of revenue recognized that was included in our deferred revenue balance at December 31, 2018 , partially offset by advanced billings in certain markets. The current and long-term portions of our deferred revenue balances are included within deferred revenue and other long-term liabilities, respectively, on our condensed consolidated balance sheets. Contract Costs Our aggregate assets associated with incremental costs to obtain and fulfill our contracts were $73.4 million and $73.0 million at March 31, 2019 and December 31, 2018 , 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 $24.4 million to operating costs and expenses during the three months ended March 31, 2019 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

Acquisitions and Dispositions

Acquisitions and Dispositions	3 Months Ended
	Mar. 31, 2019
Acquisitions and Dispositions [Abstract]
Acquisitions and Dispositions	Acquisitions and Dispositions Pending Dispositions Vodafone Disposal Group . On May 9, 2018, we reached an agreement (the Vodafone Agreement ) to sell our operations in Germany, Romania, Hungary and the Czech Republic to Vodafone . The cash proceeds that we receive from the transaction will be calculated on the basis of the agreed enterprise value adjusted for the net debt and working capital of such businesses as of the closing date of the transaction, as well as other post-closing adjustments. Based on the net debt and working capital of such businesses as of December 31, 2017, the cash proceeds would be approximately €10.6 billion ( $11.9 billion ). The operations of Germany, Romania, Hungary and the Czech Republic are collectively referred to herein as the “ Vodafone Disposal Group .” Closing of the transaction is subject to various conditions, including regulatory approval, which we expect will be obtained during the summer of 2019. The Vodafone Agreement contains certain termination rights for both our company and Vodafone , including if closing has not occurred by November 9, 2019, or May 9, 2020 in certain limited circumstances. If the Vodafone Agreement terminates because the condition to obtain antitrust approval is not met, Vodafone has agreed to pay us a compensatory payment of €250.0 million ( $280.5 million ). Pursuant to the Vodafone Agreement , our company will retain all cash generated from the Vodafone Disposal Group through the closing of the transaction. In connection with the sale of the Vodafone Disposal Group , we have agreed to provide certain transitional services for a period of up to four years . These services principally comprise network and information technology-related functions. The annual charges will depend on the actual level of services required by Vodafone . UPC Switzerland . On February 27, 2019, we entered into an agreement to sell UPC Switzerland to Sunrise Communications Group AG (“ Sunrise ”) for a total enterprise value of $6.3 billion (equivalent at the agreement date). Sunrise will acquire UPC Switzerland and certain holding companies within the UPC Holding borrowing group inclusive of the UPC Holding borrowing group’s existing senior and senior secured notes (together, the UPC Notes ), associated derivatives and certain other debt items, which, based on December 31, 2018 outstanding balances, had an aggregate value equal to approximately $3.7 billion (equivalent at the agreement date). The net cash proceeds are expected to be $2.6 billion (equivalent at the agreement date), subject to customary other liabilities and working capital adjustments at completion, and are expected to be used for general corporate purposes. As the transaction is structured, a change of control will not be triggered under the UPC Notes . UPC Facility AR under the UPC Holding Bank Facility , which had an outstanding balance at March 31, 2019 of $1,645.0 million , is expected to be repaid in full at or prior to closing. Closing of the transaction is subject to regulatory approval, which is expected prior to year-end 2019, and approval by Sunrise ’s shareholders with respect to an associated capital increase. The criteria for presenting UPC Switzerland as a discontinued operation will not be met until such shareholder approval is obtained by Sunrise . Accordingly, UPC Switzerland continues to be included in our continuing operations. In connection with the agreement to sell UPC Switzerland , we have agreed to provide certain transitional services to Sunrise for a period of up to five years . These services principally comprise network and information technology-related functions. The annual charges for such transitional services will depend on the actual level of transitional services required by Sunrise . Completed Dispositions UPC Austria . On July 31, 2018, we completed the sale of our Austrian operations, “ UPC Austria ,” to Deutsche Telekom AG ( Deutsche Telekom ). In connection with the sale of UPC Austria , we have agreed to provide certain transitional services to Deutsche Telekom for a period of up to four years . These services principally comprise network and information technology-related functions. During the three months ended March 31, 2019 , we recorded revenue of $11.2 million associated with these transitional services. UPC DTH . On May 2, 2019, we completed the sale of UPC DTH to M7 Group ( M7 ). After considering debt and working capital adjustments, we received net cash proceeds of €134.2 million ( $149.9 million at the transaction date). The proceeds from the sale of UPC DTH are expected to be used for general corporate purposes. In connection with the sale of UPC DTH , we have agreed to provide certain transitional services to M7 for a period of up to two years . These services principally comprise network and information technology-related functions. The annual charges will depend on the actual level of services required by the purchaser. Presentation of Discontinued Operations The operations of the Vodafone Disposal Group , UPC Austria and UPC DTH are presented as discontinued operations in our condensed consolidated financial statements for all periods. In connection with the signing of each respective sale agreement, we ceased to depreciate or amortize the long-lived assets of (i) UPC Austria on December 22, 2017, (ii) the Vodafone Disposal Group on May 9, 2018 and (iii) UPC DTH on December 21, 2018. Our operations in Romania, Hungary and the Czech Republic are held through UPC Holding , as were UPC Austria and the operations of UPC DTH prior to their respective disposal dates. No debt, interest expense or derivative instruments of the UPC Holding borrowing group, other than with respect to certain borrowings that are direct obligations of the entities to be disposed, has been allocated to discontinued operations. Conversely, all of Unitymedia’s debt, interest expense and derivative instruments are included in discontinued operations as its debt and derivative instruments are direct obligations of entities within the Vodafone Disposal Group . A portion of the proceeds from the disposition of UPC Austria was used to reduce the outstanding debt of the UPC Holding borrowing group. The carrying amounts of the major classes of assets and liabilities of the Vodafone Disposal Group and UPC DTH as of March 31, 2019 are summarized below. These amounts exclude intercompany assets and liabilities that are eliminated within our condensed consolidated balance sheet. Vodafone Disposal Group UPC DTH Total in millions Assets: Current assets other than cash $ 404.3 $ 7.8 $ 412.1 Property and equipment, net 5,688.6 80.9 5,769.5 Goodwill 3,903.5 — 3,903.5 Other assets, net 879.3 7.2 886.5 Total assets $ 10,875.7 $ 95.9 $ 10,971.6 Liabilities: Current portion of debt and finance lease obligations $ 848.5 $ 12.2 $ 860.7 Other accrued and current liabilities 1,190.1 31.6 1,221.7 Long-term debt and finance lease obligations 8,919.1 35.1 8,954.2 Other long-term liabilities 1,363.8 0.3 1,364.1 Total liabilities $ 12,321.5 $ 79.2 $ 12,400.7 The carrying amounts of the major classes of assets and liabilities of the Vodafone Disposal Group and UPC DTH as of December 31, 2018 are summarized below. These amounts exclude intercompany assets and liabilities that are eliminated within our condensed consolidated balance sheet. Vodafone Disposal Group UPC DTH Total in millions Assets: Current assets other than cash $ 348.0 $ 8.5 $ 356.5 Property and equipment, net 5,591.4 79.7 5,671.1 Goodwill 3,986.7 — 3,986.7 Other assets, net 509.4 7.4 516.8 Total assets $ 10,435.5 $ 95.6 $ 10,531.1 Liabilities: Current portion of debt and finance lease obligations $ 809.0 $ 11.2 $ 820.2 Other accrued and current liabilities 1,114.8 32.5 1,147.3 Long-term debt and finance lease obligations 9,037.1 37.5 9,074.6 Other long-term liabilities 997.5 0.3 997.8 Total liabilities $ 11,958.4 $ 81.5 $ 12,039.9 The operating results of UPC Austria , the Vodafone Disposal Group and UPC DTH for the periods indicated are summarized in the following tables. These amounts exclude intercompany revenue and expenses that are eliminated within our condensed consolidated statement of operations. Vodafone Disposal Group UPC DTH Total in millions Three months ended March 31, 2019 Revenue $ 858.7 $ 27.7 $ 886.4 Operating income $ 495.5 $ 8.6 $ 504.1 Earnings before income taxes $ 432.1 $ 7.3 $ 439.4 Income tax expense (116.8 ) — (116.8 ) Net earnings $ 315.3 $ 7.3 $ 322.6 Net earnings attributable to Liberty Global shareholders $ 315.3 $ 7.3 $ 322.6 UPC Austria Vodafone Disposal Group UPC DTH Total in millions Three months ended March 31, 2018 Revenue $ 109.4 $ 952.2 $ 31.0 $ 1,092.6 Operating income $ 61.2 $ 311.5 $ 2.8 $ 375.5 Earnings before income taxes $ 61.1 $ 181.5 $ 2.1 $ 244.7 Income tax expense (9.5 ) (46.6 ) — (56.1 ) Net earnings 51.6 134.9 2.1 188.6 Net earnings attributable to noncontrolling interests (1.8 ) — — (1.8 ) Net earnings attributable to Liberty Global shareholders $ 49.8 $ 134.9 $ 2.1 $ 186.8 Our basic and diluted earnings from discontinued operations attributable to Liberty Global shareholders per share for the three months ended March 31, 2019 and 2018 is presented below. These amounts relate to the operations of the Vodafone Disposal Group , UPC DTH and, for the 2018 period, UPC Austria . Three months ended March 31, 2019 2018 Basic and diluted earnings from discontinued operations attributable to Liberty Global shareholders per share $ 0.43 $ 0.23

Investments

Investments	3 Months Ended
	Mar. 31, 2019
Investments [Abstract]
Investments	Investments The details of our investments are set forth below: Accounting Method March 31, December 31, in millions Equity (a): VodafoneZiggo JV (b) $ 3,624.1 $ 3,761.5 Other 203.2 185.5 Total — equity 3,827.3 3,947.0 Fair value: ITV plc ( ITV ) — subject to re-use rights (c) 658.1 634.2 ITI Neovision S.A. (ITI Neovision) 118.1 125.4 Lions Gate Entertainment Corp ( Lionsgate ) (c) 76.9 77.5 Casa Systems, Inc. ( Casa ) 23.3 39.5 Other 310.7 298.2 Total — fair value 1,187.1 1,174.8 Total $ 5,014.4 $ 5,121.8 _______________ (a) At March 31, 2019 and December 31, 2018 , the carrying amount of our equity method investment in the VodafoneZiggo JV exceeded our proportionate share of that entity’s net assets by the amount of the VodafoneZiggo JV Receivable , as defined and described below. The carrying amounts of our other equity method investments did not materially exceed our proportionate share of the respective investee’s net assets at March 31, 2019 and December 31, 2018 . (b) Amounts include a euro-denominated note receivable (the VodafoneZiggo JV Receivable ) with a principal amount of $910.1 million and $916.1 million , respectively, due from a subsidiary of the VodafoneZiggo JV to a subsidiary of Liberty Global . The VodafoneZiggo JV Receivable bears interest at 5.55% and matures on January 16, 2028. During the three months ended March 31, 2019 , interest accrued on the VodafoneZiggo JV Receivable was $12.6 million , all of which will be cash settled. (c) In connection with our investments in ITV and Lionsgate , we have entered into the ITV Collar and the Lionsgate Forward , respectively, as defined and described in note 6 . Equity Method Investments The following table sets forth the details of our share of results of affiliates, net: Three months ended 2019 2018 in millions VodafoneZiggo JV (a) $ (62.3 ) $ (26.8 ) Other (8.6 ) (9.7 ) Total $ (70.9 ) $ (36.5 ) _______________ (a) Amounts include the net effect of (i) 100% of the interest income earned on the VodafoneZiggo JV Receivable and (ii) our 50% share of the remaining results of operations of the VodafoneZiggo JV . VodafoneZiggo JV . Pursuant to an agreement entered into in connection with the formation of the VodafoneZiggo JV (the Framework Agreement ), Liberty Global provides certain services to the VodafoneZiggo JV on a transitional or ongoing basis (collectively, the JV Services ). The 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 JV Services provided during the term of the Framework Agreement . During the three months ended March 31, 2019 and 2018 , we recorded revenue from the VodafoneZiggo JV of $28.0 million and $34.5 million , respectively, primarily related to (a) the JV Services and (b) sales of customer premises equipment at a mark-up. In addition, during the three months ended March 31, 2019 and 2018 , we purchased certain assets on the VodafoneZiggo JV ’s behalf with an aggregate cost of $3.9 million and $9.9 million , respectively. At March 31, 2019 and December 31, 2018 , $20.4 million and $24.4 million , respectively, were due from the VodafoneZiggo JV , primarily related to the aforementioned transactions and certain other transactions. These amounts due from the VodafoneZiggo JV , which are periodically cash settled, are included in other current assets on our condensed consolidated balance sheets. The VodafoneZiggo JV is experiencing significant competition. In particular, the mobile operations of the VodafoneZiggo JV continue to experience competitive pressure on pricing. In light of this competition, as well as regulatory and economic factors, we could conclude in future periods that our investment in the VodafoneZiggo JV is impaired or management of the VodafoneZiggo JV could conclude that an impairment of the VodafoneZiggo JV’s goodwill and, to a lesser extent, long-lived assets, is required. Any such impairment of the VodafoneZiggo JV’s goodwill or our investment in the VodafoneZiggo JV would be reflected as a component of share of results of affiliates, net, in our condensed consolidated statement of operations. Our share of any such impairment charges could be significant. The summarized results of operations of the VodafoneZiggo JV are set forth below: Three months ended 2019 2018 in millions Revenue $ 1,093.9 $ 1,196.6 Loss before income taxes $ (188.8 ) $ (103.7 ) Net loss $ (150.3 ) $ (76.2 )

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	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 ( £ ), the Swiss franc ( CHF ), the Czech koruna ( CZK ), the Hungarian forint ( HUF ), the Polish zloty ( PLN ) and the Romanian lei ( RON ). With the exception of a limited number of our foreign currency forward contracts, 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: March 31, 2019 December 31, 2018 Current (a) Long-term (a) Total Current (a) Long-term (a) Total in millions Assets: Cross-currency and interest rate derivative contracts (b) $ 372.3 $ 1,405.7 $ 1,778.0 $ 372.7 $ 1,370.1 $ 1,742.8 Equity-related derivative instruments (c) 14.6 746.2 760.8 13.9 732.4 746.3 Foreign currency forward and option contracts 8.4 — 8.4 7.2 — 7.2 Other 0.5 0.1 0.6 0.4 — 0.4 Total $ 395.8 $ 2,152.0 $ 2,547.8 $ 394.2 $ 2,102.5 $ 2,496.7 Liabilities: Cross-currency and interest rate derivative contracts (b) $ 371.5 $ 964.7 $ 1,336.2 $ 326.5 $ 1,042.2 $ 1,368.7 Equity-related derivative instruments (c) 1.3 — 1.3 1.4 — 1.4 Foreign currency forward and option contracts 6.9 — 6.9 0.5 — 0.5 Other — — — — 0.1 0.1 Total $ 379.7 $ 964.7 $ 1,344.4 $ 328.4 $ 1,042.3 $ 1,370.7 _______________ (a) Our current derivative liabilities, long-term derivative assets and long-term derivative liabilities are included in other current and accrued liabilities, 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 a net gain (loss) of ( $58.1 million ) and $37.7 million during the three months ended March 31, 2019 and 2018 , respectively. These amounts are included in realized and unrealized losses 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 primarily include the fair value of (i) the share collar (the ITV Collar ) with respect to ITV shares held by our company and (ii) the prepaid forward transaction (the Lionsgate Forward ) with respect to 1.25 million of our voting and 1.25 million of our non-voting Lionsgate shares. The fair values of the ITV Collar and the Lionsgate Forward do not include credit risk valuation adjustments as we assume that any losses incurred by our company in the event of nonperformance by the respective counterparty would be, subject to relevant insolvency laws, fully offset against amounts we owe to such counterparty pursuant to the related secured borrowing arrangements. The details of our realized and unrealized losses on derivative instruments, net, are as follows: Three months ended March 31, 2019 2018 in millions Cross-currency and interest rate derivative contracts $ (87.3 ) $ (361.9 ) Equity-related derivative instruments: ITV Collar 13.8 123.6 Lionsgate Forward 0.8 9.0 Sumitomo Collar — 11.4 Other 0.2 1.2 Total equity-related derivative instruments 14.8 145.2 Foreign currency forward and option contracts (10.6 ) 5.6 Other 0.3 (0.2 ) Total $ (82.8 ) $ (211.3 ) 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. For derivative contracts that are terminated prior to maturity, the cash paid or received upon termination that relates to future periods is classified as a financing activity. The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments: Three months ended March 31, 2019 2018 in millions Operating activities $ (135.5 ) $ 41.3 Financing activities (7.1 ) 9.8 Total $ (142.6 ) $ 51.1 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. With the exception of a limited number of instances where we have required a counterparty to post collateral, neither party has posted collateral under the derivative instruments of our subsidiary borrowing groups. At March 31, 2019 , our exposure to counterparty credit risk included derivative assets with an aggregate fair value of $604.8 million . 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 March 31, 2019 , 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 March 31, 2019 : Borrowing group Notional amount due from counterparty Notional amount due to counterparty Weighted average remaining life in millions in years Virgin Media $ 400.0 € 339.6 3.8 $ 7,182.9 £ 4,759.3 (a) 4.7 £ 2,365.8 $ 3,400.0 (b) 5.8 UPC Holding $ 2,420.0 € 1,999.4 5.4 $ 1,200.0 CHF 1,107.5 (a) 6.0 € 2,824.4 CHF 3,221.2 (a) 5.1 € 299.2 CZK 8,221.8 1.5 € 375.5 HUF 105,911.9 2.8 € 822.9 PLN 3,484.5 2.5 € 217.2 RON 610.0 2.9 Telenet $ 3,670.0 € 3,243.6 (a) 6.3 € 1,431.2 $ 1,600.0 (b) 6.2 _______________ (a) Includes certain derivative instruments that are “forward-starting,” such that the initial exchange occurs at a date subsequent to March 31, 2019 . 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. At March 31, 2019 , the total U.S. dollar equivalent of the notional amount of these derivative instruments was $4.7 billion . 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 March 31, 2019 : Borrowing group pays fixed rate (a) Borrowing group receives fixed rate Borrowing group Notional amount Weighted average remaining life Notional amount Weighted average remaining life in millions in years in millions in years Virgin Media $ 20,109.9 3.4 $ 11,225.1 4.9 UPC Holding $ 8,340.9 4.2 $ 5,229.1 6.6 Telenet $ 3,775.6 5.0 $ 1,601.2 4.5 _______________ (a) Includes forward-starting derivative instruments. Interest Rate Swap Options We have entered into various interest rate swap options ( swaption s ), which give us the right, but not the obligation, to enter into certain interest rate swap contracts at set dates in the future, with each such contract having a life of no more than three years . At the transaction date, the strike rate of each of these contracts was above the corresponding market rate. The following table sets forth certain information regarding our swaption s at March 31, 2019 : Borrowing group Notional amount Underlying swap currency Weighted average option expiration period (a) Weighted average strike rate (b) in millions in years Virgin Media $ 6,352.0 £ 1.5 2.45% $ 482.4 € 1.3 1.96% ______________ (a) Represents the weighted average period until the date on which we have the option to enter into the interest rate swap contracts. (b) Represents the weighted average interest rate that we would pay if we exercised our option to enter into the interest rate swap contracts. 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 March 31, 2019 : Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years Virgin Media $ 4,569.4 0.3 UPC Holding $ 1,645.0 0.3 Telenet $ 2,075.0 0.3 Interest Rate Caps and Collars We enter into interest rate cap and collar agreements that 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. At March 31, 2019 , the total U.S. dollar equivalents of the notional amounts of our interest rate caps and collars were $259.9 million and $636.8 million , 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: Borrowing group Decrease to borrowing costs at March 31, 2019 (a) Virgin Media (0.43 )% UPC Holding (0.18 )% Telenet (0.69 )% Total decrease to borrowing costs (0.42 )% _______________ (a) Represents the effect of derivative instruments in effect at March 31, 2019 and does not include forward-starting derivative instruments or swaption s. Foreign Currency Forwards and Options Certain of our subsidiaries enter into foreign currency forward and option contracts with respect to non-functional currency exposure. As of March 31, 2019 , the total U.S. dollar equivalent of the notional amount of our foreign currency forward and option contracts was $2,009.0 million

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We use the fair value method to account for (i) certain of our investments, (ii) our derivative instruments and (iii) certain instruments that we classify as debt. The reported fair values of these investments and instruments as of March 31, 2019 are unlikely to represent the value that will be paid or received upon the ultimate settlement or disposition of these assets and liabilities. U.S. 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 and impairment assessments. The nonrecurring valuations associated with acquisition accounting primarily include the valuation of reporting units, customer relationship and other intangible assets and property and equipment. Unless a reporting unit has a readily determinable fair value, the valuation of reporting units is 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, 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. Most of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level 3 of the fair value hierarchy. During the three months ended March 31, 2019 and 2018 , we did not perform significant nonrecurring fair value measurements. 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 March 31, 2019 using: Description March 31, 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 $ 1,778.0 $ — $ 1,777.4 $ 0.6 Equity-related derivative instruments 760.8 — — 760.8 Foreign currency forward and option contracts 8.4 — 8.4 — Other 0.6 — 0.6 — Total derivative instruments 2,547.8 — 1,786.4 761.4 Investments 1,187.1 762.5 — 424.6 Total assets $ 3,734.9 $ 762.5 $ 1,786.4 $ 1,186.0 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 1,336.2 $ — $ 1,321.5 $ 14.7 Equity-related derivative instruments 1.3 — — 1.3 Foreign currency forward and option contracts 6.9 — 6.7 0.2 Total derivative instruments 1,344.4 — 1,328.2 16.2 Debt 262.2 — 262.2 — Total liabilities $ 1,606.6 $ — $ 1,590.4 $ 16.2 Fair value measurements at December 31, 2018 using: Description December 31, 2018 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 $ 1,742.8 $ — $ 1,742.5 $ 0.3 Equity-related derivative instruments 746.3 — — 746.3 Foreign currency forward and option contracts 7.2 — 7.2 — Other 0.4 — 0.4 — Total derivative instruments 2,496.7 — 1,750.1 746.6 Investments 1,174.8 755.9 — 418.9 Total assets $ 3,671.5 $ 755.9 $ 1,750.1 $ 1,165.5 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 1,368.7 $ — $ 1,354.3 $ 14.4 Equity-related derivative instruments 1.4 — — 1.4 Foreign currency forward and option contracts 0.5 — 0.5 — Other 0.1 — 0.1 — Total derivative instruments 1,370.7 — 1,354.9 15.8 Debt 248.6 — 248.6 — Total liabilities $ 1,619.3 $ — $ 1,603.5 $ 15.8 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, 2019 $ 418.9 $ (14.1 ) $ 744.9 $ 1,149.7 Gains (losses) included in loss from continuing operations (a): Realized and unrealized gains (losses) on derivative instruments, net — (7.3 ) 14.8 7.5 Realized and unrealized losses due to changes in fair values of certain investments and debt, net (6.5 ) — — (6.5 ) Additions 15.2 — — 15.2 Transfers out of Level 3 — 7.5 — 7.5 Foreign currency translation adjustments and other, net (3.0 ) (0.4 ) (0.2 ) (3.6 ) Balance of net assets (liabilities) at March 31, 2019 $ 424.6 $ (14.3 ) $ 759.5 $ 1,169.8 _______________ (a) Most of these net gains and losses relate to assets and liabilities that we continue to carry on our condensed consolidated balance sheet as of March 31, 2019

Long-lived Assets

Long-lived Assets	3 Months Ended
	Mar. 31, 2019
Long-lived Assets [Abstract]
Long-lived Assets	Long-lived Assets Property and Equipment, Net The details of our property and equipment and the related accumulated depreciation are set forth below: March 31, December 31, in millions Distribution systems $ 18,140.6 $ 17,845.4 Customer premises equipment 4,357.5 4,191.2 Support equipment, buildings and land 5,096.7 4,933.7 Total property and equipment, gross 27,594.8 26,970.3 Accumulated depreciation (13,783.4 ) (13,091.4 ) Total property and equipment, net $ 13,811.4 $ 13,878.9 During the three months ended March 31, 2019 and 2018 , we recorded non-cash increases to our property and equipment related to vendor financing arrangements of $508.9 million and $635.9 million , respectively, which exclude related value-added taxes ( VAT ) of $84.8 million and $96.6 million , respectively, that were also financed by our vendors under these arrangements. Goodwill Changes in the carrying amount of our goodwill during the three months ended March 31, 2019 are set forth below: January 1, 2019 Acquisitions and related adjustments Foreign currency translation adjustments March 31, 2019 in millions U.K./Ireland $ 7,671.0 $ — $ 138.0 $ 7,809.0 Belgium 2,576.3 (0.6 ) (52.5 ) 2,523.2 Switzerland 2,903.9 — (37.5 ) 2,866.4 Central and Eastern Europe 564.6 — (13.3 ) 551.3 Total $ 13,715.8 $ (0.6 ) $ 34.7 $ 13,749.9 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, which are included in other assets, net, on our condensed consolidated balance sheets, are set forth below: March 31, 2019 December 31, 2018 Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount in millions Customer relationships $ 3,726.1 $ (3,091.6 ) $ 634.5 $ 3,673.1 $ (2,914.2 ) $ 758.9 Other 511.0 (251.9 ) 259.1 521.3 (249.0 ) 272.3 Total $ 4,237.1 $ (3,343.5 ) $ 893.6 $ 4,194.4 $ (3,163.2 ) $ 1,031.2

Debt

Debt	3 Months Ended
	Mar. 31, 2019
Debt and Capital Lease Obligations [Abstract]
Debt	Debt The U.S. dollar equivalents of the components of our debt are as follows: March 31, 2019 Principal amount Weighted average interest rate (a) Unused borrowing capacity (b) Borrowing currency U.S. $ equivalent March 31, 2019 December 31, 2018 in millions VM Senior Secured Notes 5.40 % — $ — $ 6,340.5 $ 6,268.3 VM Credit Facilities (c) 4.75 % (d) 877.1 4,686.7 4,600.5 VM Senior Notes 5.55 % — — 1,978.9 1,999.9 Telenet Credit Facility 3.98 % (e) 499.3 3,124.2 3,145.7 Telenet Senior Secured Notes 4.70 % — — 1,673.3 1,687.1 Telenet SPE Notes 4.88 % — — 535.2 546.2 UPCB SPE Notes (f) 4.54 % — — 2,419.2 2,445.5 UPC Holding Bank Facility (f) 4.98 % € 990.1 1,111.0 1,645.0 1,645.0 UPC Holding Senior Notes (f) 4.60 % — — 1,201.8 1,215.5 Vendor financing (g) 4.14 % — — 3,638.1 3,620.3 ITV Collar Loan 0.90 % — — 1,406.4 1,379.6 Derivative-related debt instruments (h) 3.39 % — — 316.6 301.9 Other (i) 5.07 % — — 568.3 459.8 Total debt before deferred financing costs, discounts and premiums (j) 4.58 % $ 2,487.4 $ 29,534.2 $ 29,315.3 The following table provides a reconciliation of total debt before deferred financing costs, discounts and premiums to total debt and finance lease obligations: March 31, 2019 December 31, 2018 in millions Total debt before deferred financing costs, discounts and premiums $ 29,534.2 $ 29,315.3 Deferred financing costs, discounts and premiums, net (126.0 ) (131.4 ) Total carrying amount of debt 29,408.2 29,183.9 Finance lease obligations (note 10) 631.5 621.3 Total debt and finance lease obligations 30,039.7 29,805.2 Current maturities of debt and finance lease obligations (3,679.4 ) (3,615.2 ) Long-term debt and finance lease obligations $ 26,360.3 $ 26,190.0 _______________ (a) Represents the weighted average interest rate in effect at March 31, 2019 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, our weighted average interest rate on our aggregate variable- and fixed-rate indebtedness was 4.33% at March 31, 2019 . For information regarding our derivative instruments, see note 6 . (b) Unused borrowing capacity represents the maximum availability under the applicable facility at March 31, 2019 without regard to covenant compliance calculations or other conditions precedent to borrowing. At March 31, 2019 , based on the most restrictive applicable leverage covenants, the full amount of unused borrowing capacity was available to be borrowed under each of the respective subsidiary facilities, and based on the most restrictive applicable leverage-based restricted payment tests, there were no restrictions on the respective subsidiary's ability to make loans or distributions from this availability to Liberty Global or its subsidiaries or other equity holders. Upon completion of the relevant March 31, 2019 compliance reporting requirements, we expect that the full amount of unused borrowing capacity will continue to be available and that there will be no restrictions with respect to loans or distributions. Our above expectations do not consider any actual or potential changes to our borrowing levels or any amounts loaned or distributed subsequent to March 31, 2019 . (c) Amounts include £90.3 million ( $117.3 million ) and £41.9 million ( $54.4 million ) at March 31, 2019 and December 31, 2018 , respectively, of borrowings pursuant to excess cash facilities under the VM Credit Facilities . These borrowings are owed to certain non-consolidated special purpose financing entities that have issued notes to finance the purchase of receivables due from Virgin Media to certain other third parties for amounts that Virgin Media and its subsidiaries have vendor financed. To the extent that the proceeds from these notes exceed the amount of vendor financed receivables available to be purchased, the excess proceeds are used to fund these excess cash facilities. (d) Unused borrowing capacity under the VM Credit Facilities primarily relates to multi-currency revolving facilities with an aggregate maximum borrowing capacity equivalent to £675.0 million ( $877.1 million ). As of March 31, 2019 , the VM Revolving Facility comprises (i) VM Revolving Facility A, which is a multi-currency revolving facility maturing on December 31, 2021 with a maximum borrowing capacity equivalent to £50.0 million ( $65.0 million ) and (ii) VM Revolving Facility B, which is a multi-currency revolving facility maturing on January 15, 2024 with a maximum borrowing capacity equivalent to £625.0 million ( $812.1 million ). (e) Unused borrowing capacity under the Telenet Credit Facility comprises (i) €400.0 million ( $448.8 million ) under Telenet Facility AG, (ii) €25.0 million ( $28.1 million ) under the Telenet Overdraft Facility and (iii) €20.0 million ( $22.4 million ) under the Telenet Revolving Facility, each of which were undrawn at March 31, 2019 . (f) On February 27, 2019, we entered into an agreement to sell UPC Switzerland to Sunrise . Sunrise will acquire UPC Switzerland inclusive of certain debt held by the UPC Holding borrowing group. In addition, UPC Facility AR under the UPC Holding Bank Facility is expected to be repaid in full at or prior to closing. For additional information, see note 4 . (g) Represents amounts owed pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our property and equipment additions and operating expenses. These obligations are generally due within one year and include VAT that was paid on our behalf by the vendor. Repayments of vendor financing obligations are included in repayments and repurchases of debt and finance lease obligations in our condensed consolidated statements of cash flows. (h) Includes amounts associated with certain derivative-related borrowing instruments, including $262.2 million and $248.6 million at March 31, 2019 and December 31, 2018 , respectively, carried at fair value. These instruments mature at various dates through January 2025 . For information regarding fair value hierarchies, see note 7 . (i) Amounts include $235.8 million and $225.9 million at March 31, 2019 and December 31, 2018 , respectively, of debt collateralized by certain trade receivables of Virgin Media . (j) As of March 31, 2019 and December 31, 2018 , our debt had an estimated fair value of $29.7 billion and $28.5 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) or, when quoted market prices are unavailable or not considered indicative of fair value, discounted cash flow models (mostly Level 2 of the fair value hierarchy). The discount rates used in the cash flow models are based on the market interest rates and estimated credit spreads of the applicable entity, to the extent available, and other relevant factors. For additional information regarding fair value hierarchies, see note 7 . Maturities of Debt Maturities of our debt as of March 31, 2019 are presented below for the named entity and its subsidiaries, unless otherwise noted. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates: Virgin Media UPC Telenet (b) Other Total in millions Year ending December 31: 2019 (remainder of year) $ 2,176.9 $ 536.3 $ 429.1 $ 46.9 $ 3,189.2 2020 282.2 92.5 66.7 225.0 666.4 2021 1,337.5 25.8 10.2 989.5 2,363.0 2022 310.9 25.4 9.9 338.1 684.3 2023 181.6 23.5 9.9 6.3 221.3 2024 1,126.1 0.9 10.0 — 1,137.0 Thereafter 10,585.0 5,266.2 5,421.8 — 21,273.0 Total debt maturities 16,000.2 5,970.6 5,957.6 1,605.8 29,534.2 Deferred financing costs, discounts and premiums, net (36.6 ) (38.0 ) (33.5 ) (17.9 ) (126.0 ) Total debt $ 15,963.6 $ 5,932.6 $ 5,924.1 $ 1,587.9 $ 29,408.2 Current portion $ 2,447.1 $ 609.2 $ 481.0 $ 61.1 $ 3,598.4 Noncurrent portion $ 13,516.5 $ 5,323.4 $ 5,443.1 $ 1,526.8 $ 25,809.8 _______________ (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 certain senior secured notes issued by special purpose financing entities that are consolidated by Telenet and Liberty Global

Leases

Leases	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases	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. Policies For leases with a term greater than 12 months, we recognize on the lease commencement date (i) ROU assets representing our right to use an underlying asset and (ii) lease liabilities representing our obligation to make lease payments over the lease term. Lease and non-lease components in a contract are generally accounted for separately. We initially measure lease liabilities at the present value of the remaining lease payments over the lease term. Options to extend or terminate the lease are included only when it is reasonably certain that we will exercise that option. As most of our leases do not provide enough information to determine an implicit interest rate, we generally use a portfolio level incremental borrowing rate in our present value calculation. We initially measure ROU assets at the value of the lease liability, plus any initial direct costs and prepaid lease payments, less any lease incentives received. With respect to our finance leases, (i) ROU assets are generally depreciated on a straight-line basis over the shorter of the lease term or the useful life of the asset and (ii) interest expense on the lease liability is recorded using the effective interest method. Operating lease expense is recognized on a straight-line basis over the lease term. For leases with a term of 12 months or less (short-term leases), we do not recognize ROU assets or lease liabilities. Short-term lease expense is recognized on a straight-line basis over the lease term. Lease Balances At March 31, 2019 , the weighted average remaining lease terms for operating and finance leases were 8.0 years and 23.6 years , respectively, and the weighted average discount rates were 4.0% and 6.0% , respectively. A summary of our consolidated ROU assets as of March 31, 2019 is set forth below (in millions): Operating leases (a) $ 518.4 Finance leases (b) 557.4 Total $ 1,075.8 _______________ (a) Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheet. (b) Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheet. A summary of additions to our ROU assets during the three months ended March 31, 2019 is set forth below (in millions): ROU assets recorded during the period associated with: Operating leases $ 3.5 Finance leases (a) 12.2 Total $ 15.7 _______________ (a) During the three months ended March 31, 2018 , we recorded additions to our ROU assets associated with finance leases of $23.9 million . A summary of our consolidated lease liabilities as of March 31, 2019 is set forth below (in millions): Operating leases (a) $ 525.4 Finance leases (b) 631.5 Total $ 1,156.9 _______________ (a) The current and long-term portions of our operating lease liabilities are included within other accrued and current liabilities and other long-term liabilities, respectively, on our condensed consolidated balance sheet. (b) The current and long-term portions of our finance lease obligations 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. As of December 31, 2018 , we had $621.3 million of finance lease liabilities included on our condensed consolidated balance sheet. A summary of our aggregate lease expense for the three months ended March 31, 2019 is set forth below (in millions): Finance lease expense: Depreciation and amortization $ 22.7 Interest expense 8.1 Total finance lease expense 30.8 Operating lease expense (a) 33.2 Short-term lease expense (a) 1.9 Variable lease expense (b) 1.1 Total lease expense $ 67.0 _______________ (a) Our operating lease expense and short-term lease expense are included in other operating expenses, SG&A expenses and impairment, restructuring and other operating items 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 recorded during the three months ended March 31, 2019 is set forth below (in millions): Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows from operating leases $ 35.7 Operating cash outflows from finance leases 8.1 Financing cash outflows from finance leases 18.1 Total cash outflows from operating and finance leases $ 61.9 Maturities of our operating and finance lease obligations as of March 31, 2019 are presented below. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 (remainder of year) $ 95.5 $ 91.6 2020 107.8 103.4 2021 88.5 94.7 2022 74.6 92.7 2023 63.3 91.2 2024 75.1 51.5 Thereafter 161.1 421.9 Total payments 665.9 947.0 Less: present value discount (140.5 ) (315.5 ) Present value of lease payments $ 525.4 $ 631.5 Current portion $ 106.6 $ 81.0 Noncurrent portion $ 418.8 $ 550.5 Maturities of our operating and finance lease obligations as of December 31, 2018 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2018 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 $ 123.9 $ 101.4 2020 85.4 107.3 2021 66.6 96.7 2022 54.3 94.5 2023 46.8 93.5 Thereafter 178.6 464.0 Total payments $ 555.6 $ 957.4
Leases	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. Policies For leases with a term greater than 12 months, we recognize on the lease commencement date (i) ROU assets representing our right to use an underlying asset and (ii) lease liabilities representing our obligation to make lease payments over the lease term. Lease and non-lease components in a contract are generally accounted for separately. We initially measure lease liabilities at the present value of the remaining lease payments over the lease term. Options to extend or terminate the lease are included only when it is reasonably certain that we will exercise that option. As most of our leases do not provide enough information to determine an implicit interest rate, we generally use a portfolio level incremental borrowing rate in our present value calculation. We initially measure ROU assets at the value of the lease liability, plus any initial direct costs and prepaid lease payments, less any lease incentives received. With respect to our finance leases, (i) ROU assets are generally depreciated on a straight-line basis over the shorter of the lease term or the useful life of the asset and (ii) interest expense on the lease liability is recorded using the effective interest method. Operating lease expense is recognized on a straight-line basis over the lease term. For leases with a term of 12 months or less (short-term leases), we do not recognize ROU assets or lease liabilities. Short-term lease expense is recognized on a straight-line basis over the lease term. Lease Balances At March 31, 2019 , the weighted average remaining lease terms for operating and finance leases were 8.0 years and 23.6 years , respectively, and the weighted average discount rates were 4.0% and 6.0% , respectively. A summary of our consolidated ROU assets as of March 31, 2019 is set forth below (in millions): Operating leases (a) $ 518.4 Finance leases (b) 557.4 Total $ 1,075.8 _______________ (a) Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheet. (b) Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheet. A summary of additions to our ROU assets during the three months ended March 31, 2019 is set forth below (in millions): ROU assets recorded during the period associated with: Operating leases $ 3.5 Finance leases (a) 12.2 Total $ 15.7 _______________ (a) During the three months ended March 31, 2018 , we recorded additions to our ROU assets associated with finance leases of $23.9 million . A summary of our consolidated lease liabilities as of March 31, 2019 is set forth below (in millions): Operating leases (a) $ 525.4 Finance leases (b) 631.5 Total $ 1,156.9 _______________ (a) The current and long-term portions of our operating lease liabilities are included within other accrued and current liabilities and other long-term liabilities, respectively, on our condensed consolidated balance sheet. (b) The current and long-term portions of our finance lease obligations 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. As of December 31, 2018 , we had $621.3 million of finance lease liabilities included on our condensed consolidated balance sheet. A summary of our aggregate lease expense for the three months ended March 31, 2019 is set forth below (in millions): Finance lease expense: Depreciation and amortization $ 22.7 Interest expense 8.1 Total finance lease expense 30.8 Operating lease expense (a) 33.2 Short-term lease expense (a) 1.9 Variable lease expense (b) 1.1 Total lease expense $ 67.0 _______________ (a) Our operating lease expense and short-term lease expense are included in other operating expenses, SG&A expenses and impairment, restructuring and other operating items 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 recorded during the three months ended March 31, 2019 is set forth below (in millions): Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows from operating leases $ 35.7 Operating cash outflows from finance leases 8.1 Financing cash outflows from finance leases 18.1 Total cash outflows from operating and finance leases $ 61.9 Maturities of our operating and finance lease obligations as of March 31, 2019 are presented below. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 (remainder of year) $ 95.5 $ 91.6 2020 107.8 103.4 2021 88.5 94.7 2022 74.6 92.7 2023 63.3 91.2 2024 75.1 51.5 Thereafter 161.1 421.9 Total payments 665.9 947.0 Less: present value discount (140.5 ) (315.5 ) Present value of lease payments $ 525.4 $ 631.5 Current portion $ 106.6 $ 81.0 Noncurrent portion $ 418.8 $ 550.5 Maturities of our operating and finance lease obligations as of December 31, 2018 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2018 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 $ 123.9 $ 101.4 2020 85.4 107.3 2021 66.6 96.7 2022 54.3 94.5 2023 46.8 93.5 Thereafter 178.6 464.0 Total payments $ 555.6 $ 957.4

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2019
Accrued Income Taxes [Abstract]
Income Taxes	Income Taxes Income tax expense attributable to our loss 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 March 31, 2019 2018 in millions Computed “expected” tax benefit (a) $ 53.0 $ 124.9 Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates (b) (79.1 ) (51.5 ) Non-deductible or non-taxable foreign currency exchange results 33.0 (80.6 ) Non-deductible or non-taxable interest and other items (22.8 ) (13.8 ) Change in valuation allowances (12.6 ) 517.6 International rate differences (c) 12.2 6.8 Enacted tax law and rate changes (9.4 ) 13.8 Mandatory Repatriation Tax — (1,210.5 ) Other, net (2.1 ) (16.7 ) Total income tax expense $ (27.8 ) $ (710.0 ) _______________ (a) The statutory or “expected” tax rates are U.K. rate of 19.0% . (b) These 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) Adjustments (either a benefit or an expense) to the “expected” tax benefit are for statutory rates in jurisdictions in which we operate that are outside of the U.K. At March 31, 2019 , our unrecognized tax benefits of $843.3 million included $740.2 million of tax benefits that 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, it is reasonably possible that the resolution of ongoing examinations by tax authorities, as well as the expiration of statutes of limitation, could result in reductions to our unrecognized tax benefits related to tax positions taken as of March 31, 2019 . The amount of any such reductions could range up to $185.0 million , of which approximately $75.0 million would have a positive impact on our effective tax rate. Other than the potential impacts of these ongoing examinations and the expected expiration of certain statutes of limitation, we do not expect any material changes to our unrecognized tax benefits during the next 12 months. No assurance can be given as to the nature or impact of any changes in our unrecognized tax positions during the next 12 months. We are currently undergoing income tax audits in Belgium, the Netherlands and the U.S. Except as noted below, any adjustments that might arise from the foregoing examinations are not expected to have a material impact on our consolidated financial position, results of operations or cash flows. In the U.S. , we have received notices of adjustment from the Internal Revenue Service with respect to our 2009 and 2010 income tax returns, and have entered into the appeals process with respect to the 2009 and 2010 matters. While we believe that the ultimate resolution of these proposed adjustments will not 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.

Equity

Equity	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Equity	Equity Share Repurchases. During the three months ended March 31, 2019 , we repurchased 9,049,882 shares of our class C ordinary shares at an average price per share of $23.66 , for an aggregate purchase price of $214.1 million , including direct acquisition costs. At March 31, 2019 , the remaining amount authorized for share repurchases was $353.2 million

Share-based Compensation

Share-based Compensation	3 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation	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 2019 2018 in millions Liberty Global: Performance-based incentive awards (a) $ 29.9 $ 8.7 Non-performance based share-based incentive awards 22.0 22.0 Other (b) 9.9 7.1 Total Liberty Global 61.8 37.8 Other 5.5 4.9 Total $ 67.3 $ 42.7 Included in: Other operating expense $ 0.9 $ 1.0 SG&A expense 66.4 41.7 Total $ 67.3 $ 42.7 _______________ (a) Includes share-based compensation expense related to (i) performance-based restricted share units ( PSU s ) and (ii) for the 2019 period, a challenge performance award plan for certain executive officers and key employees (the 2019 Challenge Performance Awards ). The 2019 Challenge Performance Awards include performance-based share appreciation rights ( PSAR s ) and PSU s. (b) 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 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. The following table provides the aggregate number of options, share appreciation rights ( SAR s ) and PSAR s with respect to awards issued by Liberty Global that were (i) outstanding and (ii) exercisable as of March 31, 2019 : Class A Class C Number of shares underlying awards Weighted Average exercise or base price Number of shares underlying awards Weighted Average exercise or base price Held by Liberty Global employees: Outstanding 20,043,088 $ 30.89 45,104,300 $ 29.32 Exercisable 10,666,743 $ 32.38 26,167,940 $ 30.04 Held by former Liberty Global employees: Outstanding 1,197,485 $ 33.05 2,793,323 $ 30.89 Exercisable 1,042,746 $ 32.75 2,483,449 $ 30.50 The following table provides the aggregate number of restricted share units ( RSU s ) and PSU s that were outstanding as of March 31, 2019 : Class A Class B Class C Held by Liberty Global employees: RSUs 1,929,071 52,622 3,644,793 PSUs 2,576,197 — 5,156,515 Held by former Liberty Global employees: RSUs 7,853 — 15,702 PSUs 146,023 — 292,381 2019 Challenge Performance Awards In March 2019, the compensation committee of our board of directors approved the grant of the 2019 Challenge Performance Awards to executive officers and key employees, which consist of a combination of PSAR s and PSU s, in each case divided on a 1 : 2 ratio based on Liberty Global Class A ordinary shares and Liberty Global Class C ordinary shares. Each PSU represents the right to receive one Liberty Global Class A share or one Liberty Global Class C share, as applicable. The performance criteria for the 2019 Challenge Performance Awards is based on the participant’s performance and achievement of individual goals during a performance period of three years ending on December 31, 2021. Subject to forfeitures, the satisfaction of performance conditions and certain other terms, 100% of each participant’s 2019 Challenge Performance Awards will vest on March 7, 2022. The PSAR s have a term of ten years and base prices equal to the respective market closing prices of the applicable class on the grant date. 2019 PSUs In April 2019, the compensation committee of our board of directors approved the grant of PSU s to executive officers and key employees (the 2019 PSUs ) pursuant to a performance plan that is based on the achievement of a specified compound annual growth rate ( CAGR ) with respect to our Adjusted OIBDA (as defined in note 17 ) during the two -year period ending December 31, 2020. The 2019 PSUs include over- and under-performance payout opportunities should the Adjusted OIBDA CAGR exceed or fail to meet the target, as applicable. A performance range of 50% to 125% of the target Adjusted OIBDA CAGR will generally result in award recipients earning 50% to 150% of their target 2019 PSUs , subject to reduction or forfeiture based on individual performance. The earned 2019 PSUs will vest 50% on April 1, 2021 and 50%

Restructuring Liability

Restructuring Liability	3 Months Ended
	Mar. 31, 2019
Restructuring and Related Activities [Abstract]
Restructuring Liability	Restructuring Liability A summary of changes in our restructuring liabilities during the three months ended March 31, 2019 is set forth in the table below: Employee severance and termination Office closures Contract termination and other Total in millions Restructuring liability as of January 1, 2019, before effect of accounting change $ 14.7 $ 8.5 $ 17.9 $ 41.1 Accounting change (a) — (2.4 ) — (2.4 ) Restructuring liability as of January 1, 2019, as adjusted for accounting change 14.7 6.1 17.9 38.7 Restructuring charges 34.9 0.8 1.8 37.5 Cash paid (20.3 ) (1.0 ) (1.8 ) (23.1 ) Foreign currency translation adjustments and other 0.9 (0.7 ) (0.3 ) (0.1 ) Restructuring liability as of March 31, 2019 $ 30.2 $ 5.2 $ 17.6 $ 53.0 Current portion $ 28.7 $ 4.1 $ 8.8 $ 41.6 Noncurrent portion 1.5 1.1 8.8 11.4 Total $ 30.2 $ 5.2 $ 17.6 $ 53.0 _______________ (a) Amount represents restructuring liabilities related to operating leases that have been reclassified to lease liabilities in connection with our January 1, 2019 adoption of ASU 2016-02 . For additional information, see note 2 . Our restructuring charges during the three months ended March 31, 2019 included employee severance and termination costs related to certain reorganization activities of $19.5 million in U.K./Ireland and $14.5 million in Central and Corporate

Earnings or Loss per Share

Earnings or Loss per Share	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Earnings or Loss per Share	Earnings or Loss 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, SAR s, RSU s and PSU s) as if they had been exercised, vested or converted at the beginning of the periods presented. The details of our net loss from continuing operations attributable to Liberty Global shareholders are set forth below: Three months ended March 31, 2019 2018 in millions, except share amounts Loss from continuing operations $ (306.9 ) $ (1,367.2 ) Net earnings from continuing operations attributable to noncontrolling interests (8.7 ) (6.1 ) Net loss from continuing operations attributable to Liberty Global shareholders $ (315.6 ) $ (1,373.3 ) Weighted average ordinary shares outstanding - basic and diluted 742,090,960 807,879,932 We reported losses from continuing operations attributable to Liberty Global shareholders for the three months ended March 31, 2019 and 2018 . Therefore, the potentially dilutive effect at March 31, 2019 and 2018 of the following items were not included in the computation of diluted loss from continuing operations attributable to Liberty Global shareholders per share because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSU s, because such awards had not yet met the applicable performance criteria: (i) the aggregate number of shares issuable pursuant to outstanding options, SAR s, PSAR s and RSU s of 74.8 million and 51.9 million , respectively, and (ii) the aggregate number of PSU s of 8.2 million and 7.3 million

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments In the normal course of business, we have entered into agreements that commit our company to make cash payments in future periods with respect to network and connectivity commitments, programming contracts, purchases of customer premises and other equipment and services and other items. The following table sets forth the U.S. dollar equivalents of such commitments as of March 31, 2019 . The commitments included in this table do not reflect any liabilities that are included on our March 31, 2019 condensed consolidated balance sheet. Payments due during: Remainder 2020 2021 2022 2023 2024 Thereafter Total in millions Network and connectivity commitments $ 613.7 $ 304.1 $ 257.7 $ 61.3 $ 43.8 $ 37.2 $ 722.7 $ 2,040.5 Programming commitments 593.8 577.6 306.0 60.7 13.9 13.9 30.2 1,596.1 Purchase commitments 563.8 259.0 125.3 37.0 20.0 17.1 26.6 1,048.8 Other commitments 18.5 8.0 1.6 1.5 0.2 0.2 0.6 30.6 Total $ 1,789.8 $ 1,148.7 $ 690.6 $ 160.5 $ 77.9 $ 68.4 $ 780.1 $ 4,716.0 Network and connectivity commitments include (i) Telenet ’s commitments for certain operating costs associated with its leased network, (ii) commitments associated with our MVNO agreements, primarily in the U.K. , and (iii) service commitments associated with our network extension projects, primarily in the U.K. 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. The amounts reflected in the above table with respect to certain of our MVNO commitments represent fixed minimum amounts payable under these agreements and, therefore, may be significantly less than the actual amounts we ultimately pay in these periods. 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 that this will continue to be the case in future periods. In this regard, our total programming and copyright costs aggregated $437.4 million and $402.7 million during the three months ended March 31, 2019 and 2018 , respectively. Purchase commitments include unconditional and legally binding obligations related to (i) the purchase of customer premises and other equipment and (ii) certain service-related commitments, including call center, information technology and maintenance services. 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 three months ended March 31, 2019 and 2018 , 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 this appeal judgment before the Cour de Cassation (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 ’s request for the rescission of the agreement-in-principle and the 2008 PICs Agreement . On June 12, 2009 , Proximus appealed this judgment with the Court of Appeal of Antwerp. In this appeal, Proximus is now also seeking 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 ( $1.6 billion ). In December 2017, the Court of Appeals of Antwerp issued a judgment rejecting Proximus’ claims. Proximus has the right to appeal the Court of Appeals of Antwerp’s judgment with the Belgian Supreme Court , however Proximus has not done so to date. 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 and/or to an obligation of Telenet to pay compensation for damages, subject to the relevant provisions of the 2008 PICs Agreement , which stipulate that Telenet is responsible for damages in excess of €20.0 million ( $22.4 million ). 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 asserts 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 (approximately €75 million ( $84 million ) for 2018) by approximately five-sixths . In addition, Unitymedia is seeking 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 and did not grant permission to appeal further to the Federal Court of Justice. Unitymedia has filed a motion with the Federal Court of Justice to grant permission to appeal. The resolution of this matter may take several years and no assurance can be given that Unitymedia ’s claims will be successful. Any recovery by Unitymedia will not be reflected in our consolidated financial statements until such time as the final disposition of this matter has been reached. If this matter is settled subsequent to the completion of the sale of the Vodafone Disposal Group , we would 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 . 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 imposes a 17% reduction in monthly wholesale cable resale access prices for an interim period. The Belgium Regulatory Authorities will replace these interim prices with “reasonable access tariffs” by the end of 2019. The 2018 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 has challenged the 2018 Decision in the Brussels Court of Appeal and has also initiated an action in the European Court of Justice against the European Commission’s decision not to challenge the 2018 Decision . The timing and outcome of each of these actions is uncertain. Virgin Media VAT Matters. Virgin Media ’s application of VAT with respect to certain revenue generating activities has been challenged by the U.K. tax authorities. Virgin Media has estimated its maximum exposure in the event of an unfavorable outcome to be £47 million ( $61 million ) as of March 31, 2019 . No portion of this exposure has been accrued by Virgin Media as the likelihood of loss is not considered to be probable. A court hearing was held at the end of September 2014 in relation to the U.K. tax authorities’ challenge and the timing of a final decision is uncertain. On March 19, 2014, the U.K. government announced a change in legislation with respect to the charging of VAT in connection with prompt payment discounts such as those that we offer to our fixed-line telephony customers. This change, which took effect on May 1, 2014, impacted our company and some of our competitors. The U.K. tax authority issued a decision in the fourth quarter of 2015 challenging our application of the prompt payment discount rules prior to the May 1, 2014 change in legislation. We appealed this decision. As part of the appeal process, we were required to make aggregate payments of £67.0 million ( $99.1 million at the respective transaction dates), comprising (i) the challenged amount of £63.7 million (which we paid during the fourth quarter of 2015) and (ii) related interest of £3.3 million (which we paid during the first quarter of 2016). No provision was recorded by our company at that time as the likelihood of loss was not considered to be probable. The aggregate amount paid does not include penalties, which could be significant in the event that penalties were to be assessed. In September 2018, the court rejected our appeal and ruled in favor of the U.K. tax authority. Accordingly, during the third quarter of 2018, we recorded a provision for litigation of £63.7 million ( $83.1 million at the average rate for the period) and related interest expense of £3.3 million ( $4.4 million at the average rate for the period) in our condensed consolidated statement of operations. The First Tier Tribunal gave permission to appeal to the Upper Tribunal and we submitted grounds for appeal on February 22, 2019. We expect the hearing to take place in the first half of 2020; however, no assurance can be given as to the ultimate outcome of this matter. Other Regulatory Issues. 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. In addition, regulation may 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. Effective April 1, 2017, the rateable value of our existing network and other assets in the U.K. increased significantly. This increase affects the amount we pay for network infrastructure charges as the annual amount payable to the U.K. government is calculated by applying a percentage multiplier to the rateable value of assets. This change has and will continue to significantly increase our network infrastructure charges. As compared to 2018, we expect the aggregate amount of this increase will be £28 million ( $36 million ) in 2019. Beyond 2019, we expect further but declining increases to these charges through the first quarter of 2022. We continue to believe that these increases are excessive and retain the right of appeal should more favorable agreements be reached with other operators. The rateable value of network and other assets constructed under our network extension program in the U.K. remains subject to review by the U.K. government. 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

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2019
Segment Reporting, Measurement Disclosures [Abstract]
Segment Reporting	Segment Reporting We generally identify our reportable segments as (i) those consolidated subsidiaries that represent 10% or more of our revenue, Adjusted OIBDA (as defined below) or total assets or (ii) those equity method affiliates where our investment or share of revenue or Adjusted OIBDA represents 10% or more of our total assets, revenue or Adjusted OIBDA , 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 OIBDA . In addition, we review non-financial measures such as subscriber growth, as appropriate. Adjusted OIBDA 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 OIBDA ” is defined as operating income before 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 OIBDA 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 Adjusted OIBDA from continuing operations to loss from continuing operations before income taxes is presented below. As of March 31, 2019 , our reportable segments are as follows: Consolidated: • U.K./Ireland • Belgium • Switzerland • Central and Eastern Europe Nonconsolidated: • VodafoneZiggo JV All of our reportable segments derive their revenue primarily from residential and B2B communications services, including video, broadband internet, fixed-line telephony and mobile services. Segment information for all periods has been retrospectively revised to present as discontinued operations (i) our operating segments in Austria, Germany, Hungary, the Czech Republic and Romania and (ii) UPC DTH , which was previously included in our Central and Eastern Europe reportable segment. As a result, (a) our former Switzerland/Austria reportable segment now only includes our operations in Switzerland and (b) our Central and Eastern Europe reportable segment now only includes our operations in Poland and Slovakia. Our central and corporate functions ( Central and Corporate ) primarily include (i) revenue earned from services provided to the VodafoneZiggo JV , (ii) revenue from sales of customer premises equipment to the VodafoneZiggo JV , (iii) costs associated with certain centralized functions, including billing systems, network operations, technology, marketing, facilities, finance and other administrative functions and (iv) less significant consolidated operating segments that provide programming and other services. Performance Measures of Our Reportable Segments The amounts presented below represent 100% of each of our reportable segment’s revenue and Adjusted OIBDA . 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 the VodafoneZiggo JV , we present 100% of its revenue and Adjusted OIBDA in the tables below. Our share of the VodafoneZiggo JV 's operating results is included in share of results of affiliates, net, in our condensed consolidated statements of operations. Revenue Three months ended 2019 2018 in millions U.K./Ireland $ 1,661.3 $ 1,778.2 Belgium 711.9 759.6 Switzerland 316.0 344.9 Central and Eastern Europe 119.1 129.5 Central and Corporate 60.7 52.7 Intersegment eliminations (1.0 ) (1.4 ) Total $ 2,868.0 $ 3,063.5 VodafoneZiggo JV $ 1,093.9 $ 1,196.6 Adjusted OIBDA Three months ended 2019 2018 in millions U.K./Ireland $ 708.3 $ 762.6 Belgium 339.0 357.6 Switzerland 163.1 186.5 Central and Eastern Europe 57.2 62.3 Central and Corporate (85.7 ) (107.1 ) Intersegment eliminations (a) 1.4 (0.2 ) Total $ 1,183.3 $ 1,261.7 VodafoneZiggo JV $ 493.8 $ 516.9 _______________ (a) Amounts are related to transactions between our continuing and discontinued operations prior to the disposal dates of such discontinued operations. The following table provides a reconciliation of Adjusted OIBDA from continuing operations to loss from continuing operations before income taxes: Three months ended 2019 2018 in millions Adjusted OIBDA from continuing operations $ 1,183.3 $ 1,261.7 Share-based compensation expense (67.3 ) (42.7 ) Depreciation and amortization (939.6 ) (1,040.7 ) Impairment, restructuring and other operating items, net (70.9 ) (60.7 ) Operating income 105.5 117.6 Interest expense (367.3 ) (375.3 ) Realized and unrealized losses on derivative instruments, net (82.8 ) (211.3 ) Foreign currency transaction gains (losses), net 138.6 (101.7 ) Realized and unrealized losses due to changes in fair values of certain investments and debt, net (8.2 ) (57.2 ) Share of results of affiliates, net (70.9 ) (36.5 ) Other income, net 6.0 7.2 Loss from continuing operations before income taxes $ (279.1 ) $ (657.2 ) Property and Equipment Additions of our Reportable Segments The property and equipment additions of our reportable segments (including capital additions financed under 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 note 8 . Three months ended 2019 2018 in millions U.K./Ireland $ 395.3 $ 559.2 Belgium 141.7 185.2 Switzerland 58.6 52.8 Central and Eastern Europe 21.7 37.9 Central and Corporate (a) 81.3 148.5 Total property and equipment additions 698.6 983.6 Assets acquired under capital-related vendor financing arrangements (508.9 ) (635.9 ) Assets acquired under finance leases (12.2 ) (23.9 ) Changes in current liabilities related to capital expenditures 153.8 160.4 Total capital expenditures, net $ 331.3 $ 484.2 Capital expenditures, net: Third-party payments $ 371.6 $ 509.6 Proceeds received for transfers to related parties (b) (40.3 ) (25.4 ) Total capital expenditures, net $ 331.3 $ 484.2 Property and equipment additions - VodafoneZiggo JV $ 192.1 $ 239.8 _______________ (a) Includes amounts that represent the net impact of changes in inventory levels associated with certain centrally-procured network equipment. Most of this equipment is ultimately transferred to our operating subsidiaries. (b) Primarily relates to transfers of centrally-procured property and equipment to our discontinued operations and the VodafoneZiggo JV . Revenue by Major Category Our revenue by major category for our consolidated reportable segments is set forth below: Three months ended 2019 2018 in millions Residential revenue: Residential cable revenue (a): Subscription revenue (b): Video $ 692.1 $ 747.2 Broadband internet 802.8 840.8 Fixed-line telephony 368.8 422.0 Total subscription revenue 1,863.7 2,010.0 Non-subscription revenue 54.0 81.3 Total residential cable revenue 1,917.7 2,091.3 Residential mobile revenue (c): Subscription revenue (b) 228.0 243.9 Non-subscription revenue 156.7 179.5 Total residential mobile revenue 384.7 423.4 Total residential revenue 2,302.4 2,514.7 B2B revenue (d): Subscription revenue 113.8 108.2 Non-subscription revenue 372.0 379.4 Total B2B revenue 485.8 487.6 Other revenue (e) 79.8 61.2 Total $ 2,868.0 $ 3,063.5 _______________ (a) Residential cable subscription revenue includes amounts received from subscribers for ongoing services. Residential cable 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 cable 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 services to certain small or home office ( SOHO ) subscribers. SOHO subscribers pay a premium price to receive expanded service levels along with video, broadband internet, 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 business broadband internet, video, fixed-line telephony, mobile and data services offered to medium to large enterprises and, on a wholesale basis, to other operators. (e) Other revenue includes, among other items, (i) revenue earned from the JV Services and sales of customer premises equipment to the VodafoneZiggo JV , (ii) broadcasting revenue in Ireland and (iii) revenue earned from transitional and other services provided to Liberty Latin America, Ltd. ( Liberty Latin America ), and for the 2019 period, Deutsche Telekom . Geographic Segments The revenue of our geographic segments is set forth below: Three months ended 2019 2018 in millions U.K. $ 1,533.5 $ 1,644.4 Belgium 711.9 759.6 Switzerland 316.0 344.9 Ireland 127.8 133.8 Poland 106.7 116.0 Slovakia 12.4 13.5 Other, including intersegment eliminations 59.7 51.3 Total $ 2,868.0 $ 3,063.5 VodafoneZiggo JV $ 1,093.9 $ 1,196.6

Accounting Changes and Recent_2

Accounting Changes and Recent Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes ASU 2016-02 In February 2016, the Financial Accounting Standards Board ( FASB ) issued Accounting Standards Update ( ASU ) No. 2016-02, Leases ( ASU 2016-02 ), which, for most leases, results in lessees recognizing right-of-use ( ROU ) assets and lease liabilities on the balance sheet. ASU 2016-02 , as amended by ASU No. 2018-11, Targeted Improvements , requires lessees and lessors to recognize and measure leases at the beginning of the earliest period presented using one of two modified retrospective approaches. A number of optional practical expedients may be applied in transition. We adopted ASU 2016-02 on January 1, 2019. The main impact of the adoption of ASU 2016-02 relates to the recognition of ROU assets and lease liabilities on our consolidated balance sheet for those leases classified as operating leases under previous U.S. GAAP . In transition, we have applied the practical expedients that permit us not to reassess (i) whether expired or existing contracts contain a lease under the new standard, (ii) the lease classification for expired or existing leases or (iii) whether previously-capitalized initial direct costs would qualify for capitalization under the new standard. In addition, we have not used hindsight during transition. Upon adoption of ASU 2016-02 , on January 1, 2019 our continuing operations recorded (i) ROU assets of $545.1 million and lease liabilities of $558.1 million related to operating leases, (ii) ROU assets and lease liabilities related to finance leases of $26.2 million and (iii) a decrease to our accumulated deficit of $1.2 million . In addition, we reclassified our existing prepaid lease expense, accrued lease expense and lease incentive liabilities, resulting in a net reduction of our ROU assets of $14.2 million . The adoption of ASU 2016-02 did not have a significant impact on our consolidated statements of operations or cash flows for the three months ended March 31, 2019 . We have implemented a new lease accounting system and related internal controls over financial reporting to meet the requirements of ASU 2016-02 . For additional information regarding our leases, see note 10 . Recent Accounting Pronouncements ASU 2018-15 In August 2018, the FASB issued ASU No. 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract ( ASU 2018-15 ), which requires entities to defer implementation costs incurred that are related to the application development stage in a cloud computing arrangement that is a service contract. Deferred implementation costs will be amortized over the term of the cloud computing arrangement and presented in the same expense line item as the cloud computing arrangement. All other implementation costs will be expensed as incurred. ASU 2018-15 is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the effect that ASU 2018-15 will have on our consolidated financial statements. ASU 2019-02 In March 2019, the FASB issued ASU No. 2019-02, Improvements to Accounting for Costs of Films and License Agreements for Program Materials ( ASU 2019-02 ), which aligns the accounting for production costs of an episodic television series with the accounting for production costs of films. ASU 2019-02 removes the existing constraint that restricts capitalization of production costs to contracted revenue for episodic television series. The amended guidance also requires entities to test a film or license agreement for impairment at the film group level, addresses cash flow classification and provides new disclosure requirements. ASU 2019-02 is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted. We are currently evaluating the effect that ASU 2019-02
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 $47.4 million and $45.8 million at March 31, 2019 and December 31, 2018 , 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 $47.1 million and $44.3 million as of March 31, 2019 and December 31, 2018 , 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 $829.8 million and $877.9 million as of March 31, 2019 and December 31, 2018 , respectively. The decrease in deferred revenue for the three months ended March 31, 2019 is primarily due to $697.5 million of revenue recognized that was included in our deferred revenue balance at December 31, 2018 , partially offset by advanced billings in certain markets. The current and long-term portions of our deferred revenue balances are included within deferred revenue and other long-term liabilities, respectively, on our condensed consolidated balance sheets. Contract Costs Our aggregate assets associated with incremental costs to obtain and fulfill our contracts were $73.4 million and $73.0 million at March 31, 2019 and December 31, 2018 , 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 $24.4 million to operating costs and expenses during the three months ended March 31, 2019 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
Leases	Policies For leases with a term greater than 12 months, we recognize on the lease commencement date (i) ROU assets representing our right to use an underlying asset and (ii) lease liabilities representing our obligation to make lease payments over the lease term. Lease and non-lease components in a contract are generally accounted for separately. We initially measure lease liabilities at the present value of the remaining lease payments over the lease term. Options to extend or terminate the lease are included only when it is reasonably certain that we will exercise that option. As most of our leases do not provide enough information to determine an implicit interest rate, we generally use a portfolio level incremental borrowing rate in our present value calculation. We initially measure ROU assets at the value of the lease liability, plus any initial direct costs and prepaid lease payments, less any lease incentives received. With respect to our finance leases, (i) ROU assets are generally depreciated on a straight-line basis over the shorter of the lease term or the useful life of the asset and (ii) interest expense on the lease liability is recorded using the effective interest method. Operating lease expense is recognized on a straight-line basis over the lease term. For leases with a term of 12 months or less (short-term leases), we do not recognize ROU

Acquisitions and Dispositions (

Acquisitions and Dispositions (Tables)	3 Months Ended
	Mar. 31, 2019
Acquisitions and Dispositions [Abstract]
Schedule of summarized financial position and operating results, disposal group and discontinued operations	The carrying amounts of the major classes of assets and liabilities of the Vodafone Disposal Group and UPC DTH as of March 31, 2019 are summarized below. These amounts exclude intercompany assets and liabilities that are eliminated within our condensed consolidated balance sheet. Vodafone Disposal Group UPC DTH Total in millions Assets: Current assets other than cash $ 404.3 $ 7.8 $ 412.1 Property and equipment, net 5,688.6 80.9 5,769.5 Goodwill 3,903.5 — 3,903.5 Other assets, net 879.3 7.2 886.5 Total assets $ 10,875.7 $ 95.9 $ 10,971.6 Liabilities: Current portion of debt and finance lease obligations $ 848.5 $ 12.2 $ 860.7 Other accrued and current liabilities 1,190.1 31.6 1,221.7 Long-term debt and finance lease obligations 8,919.1 35.1 8,954.2 Other long-term liabilities 1,363.8 0.3 1,364.1 Total liabilities $ 12,321.5 $ 79.2 $ 12,400.7 The carrying amounts of the major classes of assets and liabilities of the Vodafone Disposal Group and UPC DTH as of December 31, 2018 are summarized below. These amounts exclude intercompany assets and liabilities that are eliminated within our condensed consolidated balance sheet. Vodafone Disposal Group UPC DTH Total in millions Assets: Current assets other than cash $ 348.0 $ 8.5 $ 356.5 Property and equipment, net 5,591.4 79.7 5,671.1 Goodwill 3,986.7 — 3,986.7 Other assets, net 509.4 7.4 516.8 Total assets $ 10,435.5 $ 95.6 $ 10,531.1 Liabilities: Current portion of debt and finance lease obligations $ 809.0 $ 11.2 $ 820.2 Other accrued and current liabilities 1,114.8 32.5 1,147.3 Long-term debt and finance lease obligations 9,037.1 37.5 9,074.6 Other long-term liabilities 997.5 0.3 997.8 Total liabilities $ 11,958.4 $ 81.5 $ 12,039.9 The operating results of UPC Austria , the Vodafone Disposal Group and UPC DTH for the periods indicated are summarized in the following tables. These amounts exclude intercompany revenue and expenses that are eliminated within our condensed consolidated statement of operations. Vodafone Disposal Group UPC DTH Total in millions Three months ended March 31, 2019 Revenue $ 858.7 $ 27.7 $ 886.4 Operating income $ 495.5 $ 8.6 $ 504.1 Earnings before income taxes $ 432.1 $ 7.3 $ 439.4 Income tax expense (116.8 ) — (116.8 ) Net earnings $ 315.3 $ 7.3 $ 322.6 Net earnings attributable to Liberty Global shareholders $ 315.3 $ 7.3 $ 322.6 UPC Austria Vodafone Disposal Group UPC DTH Total in millions Three months ended March 31, 2018 Revenue $ 109.4 $ 952.2 $ 31.0 $ 1,092.6 Operating income $ 61.2 $ 311.5 $ 2.8 $ 375.5 Earnings before income taxes $ 61.1 $ 181.5 $ 2.1 $ 244.7 Income tax expense (9.5 ) (46.6 ) — (56.1 ) Net earnings 51.6 134.9 2.1 188.6 Net earnings attributable to noncontrolling interests (1.8 ) — — (1.8 ) Net earnings attributable to Liberty Global shareholders $ 49.8 $ 134.9 $ 2.1 $ 186.8 Our basic and diluted earnings from discontinued operations attributable to Liberty Global shareholders per share for the three months ended March 31, 2019 and 2018 is presented below. These amounts relate to the operations of the Vodafone Disposal Group , UPC DTH and, for the 2018 period, UPC Austria . Three months ended March 31, 2019 2018 Basic and diluted earnings from discontinued operations attributable to Liberty Global shareholders per share $ 0.43 $ 0.23

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2019
Investments [Abstract]
Schedule of Investments by Accounting Method	The details of our investments are set forth below: Accounting Method March 31, December 31, in millions Equity (a): VodafoneZiggo JV (b) $ 3,624.1 $ 3,761.5 Other 203.2 185.5 Total — equity 3,827.3 3,947.0 Fair value: ITV plc ( ITV ) — subject to re-use rights (c) 658.1 634.2 ITI Neovision S.A. (ITI Neovision) 118.1 125.4 Lions Gate Entertainment Corp ( Lionsgate ) (c) 76.9 77.5 Casa Systems, Inc. ( Casa ) 23.3 39.5 Other 310.7 298.2 Total — fair value 1,187.1 1,174.8 Total $ 5,014.4 $ 5,121.8 _______________ (a) At March 31, 2019 and December 31, 2018 , the carrying amount of our equity method investment in the VodafoneZiggo JV exceeded our proportionate share of that entity’s net assets by the amount of the VodafoneZiggo JV Receivable , as defined and described below. The carrying amounts of our other equity method investments did not materially exceed our proportionate share of the respective investee’s net assets at March 31, 2019 and December 31, 2018 . (b) Amounts include a euro-denominated note receivable (the VodafoneZiggo JV Receivable ) with a principal amount of $910.1 million and $916.1 million , respectively, due from a subsidiary of the VodafoneZiggo JV to a subsidiary of Liberty Global . The VodafoneZiggo JV Receivable bears interest at 5.55% and matures on January 16, 2028. During the three months ended March 31, 2019 , interest accrued on the VodafoneZiggo JV Receivable was $12.6 million , all of which will be cash settled. (c) In connection with our investments in ITV and Lionsgate , we have entered into the ITV Collar and the Lionsgate Forward , respectively, as defined and described in note 6 .
Equity Method Investments	The following table sets forth the details of our share of results of affiliates, net: Three months ended 2019 2018 in millions VodafoneZiggo JV (a) $ (62.3 ) $ (26.8 ) Other (8.6 ) (9.7 ) Total $ (70.9 ) $ (36.5 ) _______________ (a) Amounts include the net effect of (i) 100% of the interest income earned on the VodafoneZiggo JV Receivable and (ii) our 50% share of the remaining results of operations of the VodafoneZiggo JV The summarized results of operations of the VodafoneZiggo JV are set forth below: Three months ended 2019 2018 in millions Revenue $ 1,093.9 $ 1,196.6 Loss before income taxes $ (188.8 ) $ (103.7 ) Net loss $ (150.3 ) $ (76.2 )

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2019
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: March 31, 2019 December 31, 2018 Current (a) Long-term (a) Total Current (a) Long-term (a) Total in millions Assets: Cross-currency and interest rate derivative contracts (b) $ 372.3 $ 1,405.7 $ 1,778.0 $ 372.7 $ 1,370.1 $ 1,742.8 Equity-related derivative instruments (c) 14.6 746.2 760.8 13.9 732.4 746.3 Foreign currency forward and option contracts 8.4 — 8.4 7.2 — 7.2 Other 0.5 0.1 0.6 0.4 — 0.4 Total $ 395.8 $ 2,152.0 $ 2,547.8 $ 394.2 $ 2,102.5 $ 2,496.7 Liabilities: Cross-currency and interest rate derivative contracts (b) $ 371.5 $ 964.7 $ 1,336.2 $ 326.5 $ 1,042.2 $ 1,368.7 Equity-related derivative instruments (c) 1.3 — 1.3 1.4 — 1.4 Foreign currency forward and option contracts 6.9 — 6.9 0.5 — 0.5 Other — — — — 0.1 0.1 Total $ 379.7 $ 964.7 $ 1,344.4 $ 328.4 $ 1,042.3 $ 1,370.7 _______________ (a) Our current derivative liabilities, long-term derivative assets and long-term derivative liabilities are included in other current and accrued liabilities, 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 a net gain (loss) of ( $58.1 million ) and $37.7 million during the three months ended March 31, 2019 and 2018 , respectively. These amounts are included in realized and unrealized losses 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 primarily include the fair value of (i) the share collar (the ITV Collar ) with respect to ITV shares held by our company and (ii) the prepaid forward transaction (the Lionsgate Forward ) with respect to 1.25 million of our voting and 1.25 million of our non-voting Lionsgate shares. The fair values of the ITV Collar and the Lionsgate Forward
Schedule of Realized and Unrealized Losses on Derivative Instruments	The details of our realized and unrealized losses on derivative instruments, net, are as follows: Three months ended March 31, 2019 2018 in millions Cross-currency and interest rate derivative contracts $ (87.3 ) $ (361.9 ) Equity-related derivative instruments: ITV Collar 13.8 123.6 Lionsgate Forward 0.8 9.0 Sumitomo Collar — 11.4 Other 0.2 1.2 Total equity-related derivative instruments 14.8 145.2 Foreign currency forward and option contracts (10.6 ) 5.6 Other 0.3 (0.2 ) Total $ (82.8 ) $ (211.3 )
Schedule of Cash Received (Paid) Related to Derivative Instruments Statement of Cash Flows Location	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. For derivative contracts that are terminated prior to maturity, the cash paid or received upon termination that relates to future periods is classified as a financing activity. The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments: Three months ended March 31, 2019 2018 in millions Operating activities $ (135.5 ) $ 41.3 Financing activities (7.1 ) 9.8 Total $ (142.6 ) $ 51.1
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 March 31, 2019 : Borrowing group Notional amount due from counterparty Notional amount due to counterparty Weighted average remaining life in millions in years Virgin Media $ 400.0 € 339.6 3.8 $ 7,182.9 £ 4,759.3 (a) 4.7 £ 2,365.8 $ 3,400.0 (b) 5.8 UPC Holding $ 2,420.0 € 1,999.4 5.4 $ 1,200.0 CHF 1,107.5 (a) 6.0 € 2,824.4 CHF 3,221.2 (a) 5.1 € 299.2 CZK 8,221.8 1.5 € 375.5 HUF 105,911.9 2.8 € 822.9 PLN 3,484.5 2.5 € 217.2 RON 610.0 2.9 Telenet $ 3,670.0 € 3,243.6 (a) 6.3 € 1,431.2 $ 1,600.0 (b) 6.2 _______________ (a) Includes certain derivative instruments that are “forward-starting,” such that the initial exchange occurs at a date subsequent to March 31, 2019 . 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. At March 31, 2019 , the total U.S. dollar equivalent of the notional amount of these derivative instruments was $4.7 billion U.S. dollar equivalents of the notional amounts and related weighted average remaining contractual lives of our basis swap contracts at March 31, 2019 : Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years Virgin Media $ 4,569.4 0.3 UPC Holding $ 1,645.0 0.3 Telenet $ 2,075.0 0.3 Borrowing group Decrease to borrowing costs at March 31, 2019 (a) Virgin Media (0.43 )% UPC Holding (0.18 )% Telenet (0.69 )% Total decrease to borrowing costs (0.42 )% _______________ (a) Represents the effect of derivative instruments in effect at March 31, 2019 and does not include forward-starting derivative instruments or swaption U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our interest rate swap contracts at March 31, 2019 : Borrowing group pays fixed rate (a) Borrowing group receives fixed rate Borrowing group Notional amount Weighted average remaining life Notional amount Weighted average remaining life in millions in years in millions in years Virgin Media $ 20,109.9 3.4 $ 11,225.1 4.9 UPC Holding $ 8,340.9 4.2 $ 5,229.1 6.6 Telenet $ 3,775.6 5.0 $ 1,601.2 4.5 _______________ (a) swaption s at March 31, 2019 : Borrowing group Notional amount Underlying swap currency Weighted average option expiration period (a) Weighted average strike rate (b) in millions in years Virgin Media $ 6,352.0 £ 1.5 2.45% $ 482.4 € 1.3 1.96% ______________ (a) Represents the weighted average period until the date on which we have the option to enter into the interest rate swap contracts. (b)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 using: Description March 31, 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 $ 1,778.0 $ — $ 1,777.4 $ 0.6 Equity-related derivative instruments 760.8 — — 760.8 Foreign currency forward and option contracts 8.4 — 8.4 — Other 0.6 — 0.6 — Total derivative instruments 2,547.8 — 1,786.4 761.4 Investments 1,187.1 762.5 — 424.6 Total assets $ 3,734.9 $ 762.5 $ 1,786.4 $ 1,186.0 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 1,336.2 $ — $ 1,321.5 $ 14.7 Equity-related derivative instruments 1.3 — — 1.3 Foreign currency forward and option contracts 6.9 — 6.7 0.2 Total derivative instruments 1,344.4 — 1,328.2 16.2 Debt 262.2 — 262.2 — Total liabilities $ 1,606.6 $ — $ 1,590.4 $ 16.2 Fair value measurements at December 31, 2018 using: Description December 31, 2018 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 $ 1,742.8 $ — $ 1,742.5 $ 0.3 Equity-related derivative instruments 746.3 — — 746.3 Foreign currency forward and option contracts 7.2 — 7.2 — Other 0.4 — 0.4 — Total derivative instruments 2,496.7 — 1,750.1 746.6 Investments 1,174.8 755.9 — 418.9 Total assets $ 3,671.5 $ 755.9 $ 1,750.1 $ 1,165.5 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 1,368.7 $ — $ 1,354.3 $ 14.4 Equity-related derivative instruments 1.4 — — 1.4 Foreign currency forward and option contracts 0.5 — 0.5 — Other 0.1 — 0.1 — Total derivative instruments 1,370.7 — 1,354.9 15.8 Debt 248.6 — 248.6 — Total liabilities $ 1,619.3 $ — $ 1,603.5 $ 15.8
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, 2019 $ 418.9 $ (14.1 ) $ 744.9 $ 1,149.7 Gains (losses) included in loss from continuing operations (a): Realized and unrealized gains (losses) on derivative instruments, net — (7.3 ) 14.8 7.5 Realized and unrealized losses due to changes in fair values of certain investments and debt, net (6.5 ) — — (6.5 ) Additions 15.2 — — 15.2 Transfers out of Level 3 — 7.5 — 7.5 Foreign currency translation adjustments and other, net (3.0 ) (0.4 ) (0.2 ) (3.6 ) Balance of net assets (liabilities) at March 31, 2019 $ 424.6 $ (14.3 ) $ 759.5 $ 1,169.8 _______________ (a) Most of these net gains and losses relate to assets and liabilities that we continue to carry on our condensed consolidated balance sheet as of March 31, 2019

Long-lived Assets (Tables)

Long-lived Assets (Tables)	3 Months Ended
	Mar. 31, 2019
Long-lived Assets [Abstract]
Schedule of PP&E	The details of our property and equipment and the related accumulated depreciation are set forth below: March 31, December 31, in millions Distribution systems $ 18,140.6 $ 17,845.4 Customer premises equipment 4,357.5 4,191.2 Support equipment, buildings and land 5,096.7 4,933.7 Total property and equipment, gross 27,594.8 26,970.3 Accumulated depreciation (13,783.4 ) (13,091.4 ) Total property and equipment, net $ 13,811.4 $ 13,878.9
Schedule of Changes in Carrying Amount of Goodwill	Changes in the carrying amount of our goodwill during the three months ended March 31, 2019 are set forth below: January 1, 2019 Acquisitions and related adjustments Foreign currency translation adjustments March 31, 2019 in millions U.K./Ireland $ 7,671.0 $ — $ 138.0 $ 7,809.0 Belgium 2,576.3 (0.6 ) (52.5 ) 2,523.2 Switzerland 2,903.9 — (37.5 ) 2,866.4 Central and Eastern Europe 564.6 — (13.3 ) 551.3 Total $ 13,715.8 $ (0.6 ) $ 34.7 $ 13,749.9
Schedule of Intangible Assets Subject to Amortization, Net	The details of our intangible assets subject to amortization, which are included in other assets, net, on our condensed consolidated balance sheets, are set forth below: March 31, 2019 December 31, 2018 Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount in millions Customer relationships $ 3,726.1 $ (3,091.6 ) $ 634.5 $ 3,673.1 $ (2,914.2 ) $ 758.9 Other 511.0 (251.9 ) 259.1 521.3 (249.0 ) 272.3 Total $ 4,237.1 $ (3,343.5 ) $ 893.6 $ 4,194.4 $ (3,163.2 ) $ 1,031.2

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2019
Debt and Capital Lease Obligations [Abstract]
Schedule of Debt	The U.S. dollar equivalents of the components of our debt are as follows: March 31, 2019 Principal amount Weighted average interest rate (a) Unused borrowing capacity (b) Borrowing currency U.S. $ equivalent March 31, 2019 December 31, 2018 in millions VM Senior Secured Notes 5.40 % — $ — $ 6,340.5 $ 6,268.3 VM Credit Facilities (c) 4.75 % (d) 877.1 4,686.7 4,600.5 VM Senior Notes 5.55 % — — 1,978.9 1,999.9 Telenet Credit Facility 3.98 % (e) 499.3 3,124.2 3,145.7 Telenet Senior Secured Notes 4.70 % — — 1,673.3 1,687.1 Telenet SPE Notes 4.88 % — — 535.2 546.2 UPCB SPE Notes (f) 4.54 % — — 2,419.2 2,445.5 UPC Holding Bank Facility (f) 4.98 % € 990.1 1,111.0 1,645.0 1,645.0 UPC Holding Senior Notes (f) 4.60 % — — 1,201.8 1,215.5 Vendor financing (g) 4.14 % — — 3,638.1 3,620.3 ITV Collar Loan 0.90 % — — 1,406.4 1,379.6 Derivative-related debt instruments (h) 3.39 % — — 316.6 301.9 Other (i) 5.07 % — — 568.3 459.8 Total debt before deferred financing costs, discounts and premiums (j) 4.58 % $ 2,487.4 $ 29,534.2 $ 29,315.3 The following table provides a reconciliation of total debt before deferred financing costs, discounts and premiums to total debt and finance lease obligations: March 31, 2019 December 31, 2018 in millions Total debt before deferred financing costs, discounts and premiums $ 29,534.2 $ 29,315.3 Deferred financing costs, discounts and premiums, net (126.0 ) (131.4 ) Total carrying amount of debt 29,408.2 29,183.9 Finance lease obligations (note 10) 631.5 621.3 Total debt and finance lease obligations 30,039.7 29,805.2 Current maturities of debt and finance lease obligations (3,679.4 ) (3,615.2 ) Long-term debt and finance lease obligations $ 26,360.3 $ 26,190.0 _______________ (a) Represents the weighted average interest rate in effect at March 31, 2019 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, our weighted average interest rate on our aggregate variable- and fixed-rate indebtedness was 4.33% at March 31, 2019 . For information regarding our derivative instruments, see note 6 . (b) Unused borrowing capacity represents the maximum availability under the applicable facility at March 31, 2019 without regard to covenant compliance calculations or other conditions precedent to borrowing. At March 31, 2019 , based on the most restrictive applicable leverage covenants, the full amount of unused borrowing capacity was available to be borrowed under each of the respective subsidiary facilities, and based on the most restrictive applicable leverage-based restricted payment tests, there were no restrictions on the respective subsidiary's ability to make loans or distributions from this availability to Liberty Global or its subsidiaries or other equity holders. Upon completion of the relevant March 31, 2019 compliance reporting requirements, we expect that the full amount of unused borrowing capacity will continue to be available and that there will be no restrictions with respect to loans or distributions. Our above expectations do not consider any actual or potential changes to our borrowing levels or any amounts loaned or distributed subsequent to March 31, 2019 . (c) Amounts include £90.3 million ( $117.3 million ) and £41.9 million ( $54.4 million ) at March 31, 2019 and December 31, 2018 , respectively, of borrowings pursuant to excess cash facilities under the VM Credit Facilities . These borrowings are owed to certain non-consolidated special purpose financing entities that have issued notes to finance the purchase of receivables due from Virgin Media to certain other third parties for amounts that Virgin Media and its subsidiaries have vendor financed. To the extent that the proceeds from these notes exceed the amount of vendor financed receivables available to be purchased, the excess proceeds are used to fund these excess cash facilities. (d) Unused borrowing capacity under the VM Credit Facilities primarily relates to multi-currency revolving facilities with an aggregate maximum borrowing capacity equivalent to £675.0 million ( $877.1 million ). As of March 31, 2019 , the VM Revolving Facility comprises (i) VM Revolving Facility A, which is a multi-currency revolving facility maturing on December 31, 2021 with a maximum borrowing capacity equivalent to £50.0 million ( $65.0 million ) and (ii) VM Revolving Facility B, which is a multi-currency revolving facility maturing on January 15, 2024 with a maximum borrowing capacity equivalent to £625.0 million ( $812.1 million ). (e) Unused borrowing capacity under the Telenet Credit Facility comprises (i) €400.0 million ( $448.8 million ) under Telenet Facility AG, (ii) €25.0 million ( $28.1 million ) under the Telenet Overdraft Facility and (iii) €20.0 million ( $22.4 million ) under the Telenet Revolving Facility, each of which were undrawn at March 31, 2019 . (f) On February 27, 2019, we entered into an agreement to sell UPC Switzerland to Sunrise . Sunrise will acquire UPC Switzerland inclusive of certain debt held by the UPC Holding borrowing group. In addition, UPC Facility AR under the UPC Holding Bank Facility is expected to be repaid in full at or prior to closing. For additional information, see note 4 . (g) Represents amounts owed pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our property and equipment additions and operating expenses. These obligations are generally due within one year and include VAT that was paid on our behalf by the vendor. Repayments of vendor financing obligations are included in repayments and repurchases of debt and finance lease obligations in our condensed consolidated statements of cash flows. (h) Includes amounts associated with certain derivative-related borrowing instruments, including $262.2 million and $248.6 million at March 31, 2019 and December 31, 2018 , respectively, carried at fair value. These instruments mature at various dates through January 2025 . For information regarding fair value hierarchies, see note 7 . (i) Amounts include $235.8 million and $225.9 million at March 31, 2019 and December 31, 2018 , respectively, of debt collateralized by certain trade receivables of Virgin Media . (j) As of March 31, 2019 and December 31, 2018 , our debt had an estimated fair value of $29.7 billion and $28.5 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) or, when quoted market prices are unavailable or not considered indicative of fair value, discounted cash flow models (mostly Level 2 of the fair value hierarchy). The discount rates used in the cash flow models are based on the market interest rates and estimated credit spreads of the applicable entity, to the extent available, and other relevant factors. For additional information regarding fair value hierarchies, see note 7
Schedule of Maturities of Debt	Maturities of our debt as of March 31, 2019 are presented below for the named entity and its subsidiaries, unless otherwise noted. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates: Virgin Media UPC Telenet (b) Other Total in millions Year ending December 31: 2019 (remainder of year) $ 2,176.9 $ 536.3 $ 429.1 $ 46.9 $ 3,189.2 2020 282.2 92.5 66.7 225.0 666.4 2021 1,337.5 25.8 10.2 989.5 2,363.0 2022 310.9 25.4 9.9 338.1 684.3 2023 181.6 23.5 9.9 6.3 221.3 2024 1,126.1 0.9 10.0 — 1,137.0 Thereafter 10,585.0 5,266.2 5,421.8 — 21,273.0 Total debt maturities 16,000.2 5,970.6 5,957.6 1,605.8 29,534.2 Deferred financing costs, discounts and premiums, net (36.6 ) (38.0 ) (33.5 ) (17.9 ) (126.0 ) Total debt $ 15,963.6 $ 5,932.6 $ 5,924.1 $ 1,587.9 $ 29,408.2 Current portion $ 2,447.1 $ 609.2 $ 481.0 $ 61.1 $ 3,598.4 Noncurrent portion $ 13,516.5 $ 5,323.4 $ 5,443.1 $ 1,526.8 $ 25,809.8 _______________ (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 certain senior secured notes issued by special purpose financing entities that are consolidated by Telenet and Liberty Global .

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Lease Balances	A summary of our consolidated ROU assets as of March 31, 2019 is set forth below (in millions): Operating leases (a) $ 518.4 Finance leases (b) 557.4 Total $ 1,075.8 _______________ (a) Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheet. (b) Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheet. A summary of additions to our ROU assets during the three months ended March 31, 2019 is set forth below (in millions): ROU assets recorded during the period associated with: Operating leases $ 3.5 Finance leases (a) 12.2 Total $ 15.7 _______________ (a) During the three months ended March 31, 2018 , we recorded additions to our ROU assets associated with finance leases of $23.9 million . A summary of our consolidated lease liabilities as of March 31, 2019 is set forth below (in millions): Operating leases (a) $ 525.4 Finance leases (b) 631.5 Total $ 1,156.9 _______________ (a) The current and long-term portions of our operating lease liabilities are included within other accrued and current liabilities and other long-term liabilities, respectively, on our condensed consolidated balance sheet. (b) The current and long-term portions of our finance lease obligations 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. As of December 31, 2018 , we had $621.3 million
Lease Expense and Cash Outflows from Operating and Finance Leases	A summary of our aggregate lease expense for the three months ended March 31, 2019 is set forth below (in millions): Finance lease expense: Depreciation and amortization $ 22.7 Interest expense 8.1 Total finance lease expense 30.8 Operating lease expense (a) 33.2 Short-term lease expense (a) 1.9 Variable lease expense (b) 1.1 Total lease expense $ 67.0 _______________ (a) Our operating lease expense and short-term lease expense are included in other operating expenses, SG&A expenses and impairment, restructuring and other operating items 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 recorded during the three months ended March 31, 2019 is set forth below (in millions): Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows from operating leases $ 35.7 Operating cash outflows from finance leases 8.1 Financing cash outflows from finance leases 18.1 Total cash outflows from operating and finance leases $ 61.9
Maturities of Operating Lease Liabilities	Maturities of our operating and finance lease obligations as of March 31, 2019 are presented below. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 (remainder of year) $ 95.5 $ 91.6 2020 107.8 103.4 2021 88.5 94.7 2022 74.6 92.7 2023 63.3 91.2 2024 75.1 51.5 Thereafter 161.1 421.9 Total payments 665.9 947.0 Less: present value discount (140.5 ) (315.5 ) Present value of lease payments $ 525.4 $ 631.5 Current portion $ 106.6 $ 81.0 Noncurrent portion $ 418.8 $ 550.5
Maturities of Financing Lease Liabilities	Maturities of our operating and finance lease obligations as of March 31, 2019 are presented below. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 (remainder of year) $ 95.5 $ 91.6 2020 107.8 103.4 2021 88.5 94.7 2022 74.6 92.7 2023 63.3 91.2 2024 75.1 51.5 Thereafter 161.1 421.9 Total payments 665.9 947.0 Less: present value discount (140.5 ) (315.5 ) Present value of lease payments $ 525.4 $ 631.5 Current portion $ 106.6 $ 81.0 Noncurrent portion $ 418.8 $ 550.5
Schedule of Future Minimum Rental Payments for Operating Leases	Maturities of our operating and finance lease obligations as of December 31, 2018 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2018 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 $ 123.9 $ 101.4 2020 85.4 107.3 2021 66.6 96.7 2022 54.3 94.5 2023 46.8 93.5 Thereafter 178.6 464.0 Total payments $ 555.6 $ 957.4
Schedule of Future Minimum Lease Payments for Capital Leases	Maturities of our operating and finance lease obligations as of December 31, 2018 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2018 exchange rates: Operating leases Finance leases in millions Year ending December 31: 2019 $ 123.9 $ 101.4 2020 85.4 107.3 2021 66.6 96.7 2022 54.3 94.5 2023 46.8 93.5 Thereafter 178.6 464.0 Total payments $ 555.6 $ 957.4

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2019
Accrued Income Taxes [Abstract]
Income Tax Benefit (Expense) Reconciliation Table	Income tax expense attributable to our loss 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 March 31, 2019 2018 in millions Computed “expected” tax benefit (a) $ 53.0 $ 124.9 Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates (b) (79.1 ) (51.5 ) Non-deductible or non-taxable foreign currency exchange results 33.0 (80.6 ) Non-deductible or non-taxable interest and other items (22.8 ) (13.8 ) Change in valuation allowances (12.6 ) 517.6 International rate differences (c) 12.2 6.8 Enacted tax law and rate changes (9.4 ) 13.8 Mandatory Repatriation Tax — (1,210.5 ) Other, net (2.1 ) (16.7 ) Total income tax expense $ (27.8 ) $ (710.0 ) _______________ (a) The statutory or “expected” tax rates are U.K. rate of 19.0% . (b) These 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) Adjustments (either a benefit or an expense) to the “expected” tax benefit are for statutory rates in jurisdictions in which we operate that are outside of the U.K.

Share-based Compensation (Table

Share-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of stock-based compensation	A summary of our aggregate share-based compensation expense is set forth below: Three months ended 2019 2018 in millions Liberty Global: Performance-based incentive awards (a) $ 29.9 $ 8.7 Non-performance based share-based incentive awards 22.0 22.0 Other (b) 9.9 7.1 Total Liberty Global 61.8 37.8 Other 5.5 4.9 Total $ 67.3 $ 42.7 Included in: Other operating expense $ 0.9 $ 1.0 SG&A expense 66.4 41.7 Total $ 67.3 $ 42.7 _______________ (a) Includes share-based compensation expense related to (i) performance-based restricted share units ( PSU s ) and (ii) for the 2019 period, a challenge performance award plan for certain executive officers and key employees (the 2019 Challenge Performance Awards ). The 2019 Challenge Performance Awards include performance-based share appreciation rights ( PSAR s ) and PSU s. (b) 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 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.
Schedule of stock option activity	The following table provides the aggregate number of options, share appreciation rights ( SAR s ) and PSAR s with respect to awards issued by Liberty Global that were (i) outstanding and (ii) exercisable as of March 31, 2019 : Class A Class C Number of shares underlying awards Weighted Average exercise or base price Number of shares underlying awards Weighted Average exercise or base price Held by Liberty Global employees: Outstanding 20,043,088 $ 30.89 45,104,300 $ 29.32 Exercisable 10,666,743 $ 32.38 26,167,940 $ 30.04 Held by former Liberty Global employees: Outstanding 1,197,485 $ 33.05 2,793,323 $ 30.89 Exercisable 1,042,746 $ 32.75 2,483,449 $ 30.50
Schedule of other share based compensation activity	The following table provides the aggregate number of restricted share units ( RSU s ) and PSU s that were outstanding as of March 31, 2019 : Class A Class B Class C Held by Liberty Global employees: RSUs 1,929,071 52,622 3,644,793 PSUs 2,576,197 — 5,156,515 Held by former Liberty Global employees: RSUs 7,853 — 15,702 PSUs 146,023 — 292,381

Restructuring Liability (Tables

Restructuring Liability (Tables)	3 Months Ended
	Mar. 31, 2019
Restructuring and Related Activities [Abstract]
Summary of changes in restructuring liability	A summary of changes in our restructuring liabilities during the three months ended March 31, 2019 is set forth in the table below: Employee severance and termination Office closures Contract termination and other Total in millions Restructuring liability as of January 1, 2019, before effect of accounting change $ 14.7 $ 8.5 $ 17.9 $ 41.1 Accounting change (a) — (2.4 ) — (2.4 ) Restructuring liability as of January 1, 2019, as adjusted for accounting change 14.7 6.1 17.9 38.7 Restructuring charges 34.9 0.8 1.8 37.5 Cash paid (20.3 ) (1.0 ) (1.8 ) (23.1 ) Foreign currency translation adjustments and other 0.9 (0.7 ) (0.3 ) (0.1 ) Restructuring liability as of March 31, 2019 $ 30.2 $ 5.2 $ 17.6 $ 53.0 Current portion $ 28.7 $ 4.1 $ 8.8 $ 41.6 Noncurrent portion 1.5 1.1 8.8 11.4 Total $ 30.2 $ 5.2 $ 17.6 $ 53.0 _______________ (a) Amount represents restructuring liabilities related to operating leases that have been reclassified to lease liabilities in connection with our January 1, 2019 adoption of ASU 2016-02 . For additional information, see note 2

Earnings or Loss per Share (Tab

Earnings or Loss per Share (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The details of our net loss from continuing operations attributable to Liberty Global shareholders are set forth below: Three months ended March 31, 2019 2018 in millions, except share amounts Loss from continuing operations $ (306.9 ) $ (1,367.2 ) Net earnings from continuing operations attributable to noncontrolling interests (8.7 ) (6.1 ) Net loss from continuing operations attributable to Liberty Global shareholders $ (315.6 ) $ (1,373.3 ) Weighted average ordinary shares outstanding - basic and diluted 742,090,960 807,879,932
Schedule of Weighted Average Number of Shares	The details of our net loss from continuing operations attributable to Liberty Global shareholders are set forth below: Three months ended March 31, 2019 2018 in millions, except share amounts Loss from continuing operations $ (306.9 ) $ (1,367.2 ) Net earnings from continuing operations attributable to noncontrolling interests (8.7 ) (6.1 ) Net loss from continuing operations attributable to Liberty Global shareholders $ (315.6 ) $ (1,373.3 ) Weighted average ordinary shares outstanding - basic and diluted 742,090,960 807,879,932

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Unrecorded Purchase Obligation	The following table sets forth the U.S. dollar equivalents of such commitments as of March 31, 2019 . The commitments included in this table do not reflect any liabilities that are included on our March 31, 2019 condensed consolidated balance sheet. Payments due during: Remainder 2020 2021 2022 2023 2024 Thereafter Total in millions Network and connectivity commitments $ 613.7 $ 304.1 $ 257.7 $ 61.3 $ 43.8 $ 37.2 $ 722.7 $ 2,040.5 Programming commitments 593.8 577.6 306.0 60.7 13.9 13.9 30.2 1,596.1 Purchase commitments 563.8 259.0 125.3 37.0 20.0 17.1 26.6 1,048.8 Other commitments 18.5 8.0 1.6 1.5 0.2 0.2 0.6 30.6 Total $ 1,789.8 $ 1,148.7 $ 690.6 $ 160.5 $ 77.9 $ 68.4 $ 780.1 $ 4,716.0

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2019
Segment Reporting, Measurement Disclosures [Abstract]
Performance Measures of Our Reportable Segments	Revenue Three months ended 2019 2018 in millions U.K./Ireland $ 1,661.3 $ 1,778.2 Belgium 711.9 759.6 Switzerland 316.0 344.9 Central and Eastern Europe 119.1 129.5 Central and Corporate 60.7 52.7 Intersegment eliminations (1.0 ) (1.4 ) Total $ 2,868.0 $ 3,063.5 VodafoneZiggo JV $ 1,093.9 $ 1,196.6 Adjusted OIBDA Three months ended 2019 2018 in millions U.K./Ireland $ 708.3 $ 762.6 Belgium 339.0 357.6 Switzerland 163.1 186.5 Central and Eastern Europe 57.2 62.3 Central and Corporate (85.7 ) (107.1 ) Intersegment eliminations (a) 1.4 (0.2 ) Total $ 1,183.3 $ 1,261.7 VodafoneZiggo JV $ 493.8 $ 516.9 _______________ (a) Amounts are related to transactions between our continuing and discontinued operations prior to the disposal dates of such discontinued operations. The following table provides a reconciliation of Adjusted OIBDA from continuing operations to loss from continuing operations before income taxes: Three months ended 2019 2018 in millions Adjusted OIBDA from continuing operations $ 1,183.3 $ 1,261.7 Share-based compensation expense (67.3 ) (42.7 ) Depreciation and amortization (939.6 ) (1,040.7 ) Impairment, restructuring and other operating items, net (70.9 ) (60.7 ) Operating income 105.5 117.6 Interest expense (367.3 ) (375.3 ) Realized and unrealized losses on derivative instruments, net (82.8 ) (211.3 ) Foreign currency transaction gains (losses), net 138.6 (101.7 ) Realized and unrealized losses due to changes in fair values of certain investments and debt, net (8.2 ) (57.2 ) Share of results of affiliates, net (70.9 ) (36.5 ) Other income, net 6.0 7.2 Loss from continuing operations before income taxes $ (279.1 ) $ (657.2 )
Property and Equipment Additions of our Reportable Segments	The property and equipment additions of our reportable segments (including capital additions financed under 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 note 8 . Three months ended 2019 2018 in millions U.K./Ireland $ 395.3 $ 559.2 Belgium 141.7 185.2 Switzerland 58.6 52.8 Central and Eastern Europe 21.7 37.9 Central and Corporate (a) 81.3 148.5 Total property and equipment additions 698.6 983.6 Assets acquired under capital-related vendor financing arrangements (508.9 ) (635.9 ) Assets acquired under finance leases (12.2 ) (23.9 ) Changes in current liabilities related to capital expenditures 153.8 160.4 Total capital expenditures, net $ 331.3 $ 484.2 Capital expenditures, net: Third-party payments $ 371.6 $ 509.6 Proceeds received for transfers to related parties (b) (40.3 ) (25.4 ) Total capital expenditures, net $ 331.3 $ 484.2 Property and equipment additions - VodafoneZiggo JV $ 192.1 $ 239.8 _______________ (a) Includes amounts that represent the net impact of changes in inventory levels associated with certain centrally-procured network equipment. Most of this equipment is ultimately transferred to our operating subsidiaries. (b) Primarily relates to transfers of centrally-procured property and equipment to our discontinued operations and the VodafoneZiggo JV
Revenue by Major Category	Our revenue by major category for our consolidated reportable segments is set forth below: Three months ended 2019 2018 in millions Residential revenue: Residential cable revenue (a): Subscription revenue (b): Video $ 692.1 $ 747.2 Broadband internet 802.8 840.8 Fixed-line telephony 368.8 422.0 Total subscription revenue 1,863.7 2,010.0 Non-subscription revenue 54.0 81.3 Total residential cable revenue 1,917.7 2,091.3 Residential mobile revenue (c): Subscription revenue (b) 228.0 243.9 Non-subscription revenue 156.7 179.5 Total residential mobile revenue 384.7 423.4 Total residential revenue 2,302.4 2,514.7 B2B revenue (d): Subscription revenue 113.8 108.2 Non-subscription revenue 372.0 379.4 Total B2B revenue 485.8 487.6 Other revenue (e) 79.8 61.2 Total $ 2,868.0 $ 3,063.5 _______________ (a) Residential cable subscription revenue includes amounts received from subscribers for ongoing services. Residential cable 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 cable 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 services to certain small or home office ( SOHO ) subscribers. SOHO subscribers pay a premium price to receive expanded service levels along with video, broadband internet, 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 business broadband internet, video, fixed-line telephony, mobile and data services offered to medium to large enterprises and, on a wholesale basis, to other operators. (e) Other revenue includes, among other items, (i) revenue earned from the JV Services and sales of customer premises equipment to the VodafoneZiggo JV , (ii) broadcasting revenue in Ireland and (iii) revenue earned from transitional and other services provided to Liberty Latin America, Ltd. ( Liberty Latin America ), and for the 2019 period, Deutsche Telekom
Geographic Segments	The revenue of our geographic segments is set forth below: Three months ended 2019 2018 in millions U.K. $ 1,533.5 $ 1,644.4 Belgium 711.9 759.6 Switzerland 316.0 344.9 Ireland 127.8 133.8 Poland 106.7 116.0 Slovakia 12.4 13.5 Other, including intersegment eliminations 59.7 51.3 Total $ 2,868.0 $ 3,063.5 VodafoneZiggo JV $ 1,093.9 $ 1,196.6

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details)	3 Months Ended
	Mar. 31, 2019
Telenet
Basis of Presentation [Line Items]
Percentage ownership in subsidiary	60.30%
VodafoneZiggo JV
Basis of Presentation [Line Items]
Ownership percentage	50.00%
Co-venturer ownership percentage	5000.00%

Accounting Changes and Recent_3

Accounting Changes and Recent Accounting Pronouncements (Details) - USD ($) $ in Millions	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease ROU assets	$ 518.4
Operating leases	525.4
Finance lease ROU assets	557.4
Finance lease liabilities	631.5
Decrease to accumulated deficit	$ (5,164)		$ (5,172.2)
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease ROU assets		$ 545.1
Operating leases		558.1
Finance lease ROU assets		26.2
Finance lease liabilities		26.2
Decrease to accumulated deficit		1.2
Net reduction in ROU assets		$ 14.2

Revenue Recognition and Relat_2

Revenue Recognition and Related Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Jan. 01, 2018
Revenue from Contract with Customer [Abstract]
Trade receivables, allowance for doubtful accounts	$ 47.4	$ 45.8
Contract assets	47.1	44.3
Deferred revenue	829.8	877.9
Revenue recognized	697.5
Aggregate assets associated with incremental costs to obtain a contract and contract fulfillment costs	73.4	$ 73
Amortization related to contract costs	$ 24.4

Acquisitions and Dispositions_2

Acquisitions and Dispositions (Narrative) (Details) € in Millions, $ in Millions, SFr in Billions	May 02, 2019EUR (€)	May 02, 2019USD ($)	Jul. 31, 2018	Dec. 31, 2019USD ($)	Sep. 30, 2019EUR (€)	Sep. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2019CHF (SFr)	Sep. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Carrying value							$ 29,408.2			$ 29,183.9
UPC Switzerland
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Carrying value							1,645
UPC Austria | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Term of transitional services			4 years
Revenue from transitional services							$ 11.2
Subsequent Event | UPC DTH | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Term of transitional services	2 years	2 years
Proceeds from divestiture	€ 134.2	$ 149.9
Forecast | Vodafone Disposal Group | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Compensatory payment					€ 250				$ 280.5
Term of transitional services					4 years	4 years
Proceeds from divestiture					€ 10,600	$ 11,900
Forecast | UPC Switzerland
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration for disposal | SFr								SFr 6.3
Term of transitional services				5 years
Proceeds from divestiture of business				$ 2,600
Forecast | Sunrise Communications Group AG
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Liabilities assumed				$ 3,700

Acquisitions and Dispositions_3

Acquisitions and Dispositions (Schedules) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Operating results of discontinued operations
Net earnings (loss)	$ 322.6	$ 188.6
Basic earnings (loss) from discontinued operations attributable to Liberty Global shareholders per Liberty Global Share (in dollars per share)	$ 0.43	$ 0.23
Discontinued Operations
Operating results of discontinued operations
Revenue		$ 1,092.6
Operating income (loss)		375.5
Earnings (loss) before income taxes		244.7
Income tax benefit (expense)		(56.1)
Net earnings (loss)		188.6
Net loss (earnings) attributable to noncontrolling interests		(1.8)
Net earnings (loss) attributable to Liberty Global shareholders		186.8
Discontinued Operations, Disposed of by Sale
Assets:
Current assets other than cash	$ 412.1		$ 356.5
Property and equipment, net	5,769.5		5,671.1
Goodwill	3,903.5		3,986.7
Other assets, net	886.5		516.8
Total assets	10,971.6		10,531.1
Liabilities:
Current portion of debt and finance lease obligations	860.7		820.2
Other accrued and current liabilities	1,221.7		1,147.3
Long-term debt and finance lease obligations	8,954.2		9,074.6
Other long-term liabilities	1,364.1		997.8
Total liabilities	12,400.7		12,039.9
Operating results of discontinued operations
Revenue	886.4
Operating income (loss)	504.1
Earnings (loss) before income taxes	439.4
Income tax benefit (expense)	(116.8)
Net earnings (loss)	322.6
Net earnings (loss) attributable to Liberty Global shareholders	322.6
UPC Austria | Discontinued Operations, Disposed of by Sale
Operating results of discontinued operations
Revenue		109.4
Operating income (loss)		61.2
Earnings (loss) before income taxes		61.1
Income tax benefit (expense)		(9.5)
Net earnings (loss)		51.6
Net loss (earnings) attributable to noncontrolling interests		(1.8)
Net earnings (loss) attributable to Liberty Global shareholders		49.8
Vodafone Disposal Group | Discontinued Operations, Disposed of by Sale
Assets:
Current assets other than cash	404.3		348
Property and equipment, net	5,688.6		5,591.4
Goodwill	3,903.5		3,986.7
Other assets, net	879.3		509.4
Total assets	10,875.7		10,435.5
Liabilities:
Current portion of debt and finance lease obligations	848.5		809
Other accrued and current liabilities	1,190.1		1,114.8
Long-term debt and finance lease obligations	8,919.1		9,037.1
Other long-term liabilities	1,363.8		997.5
Total liabilities	12,321.5		11,958.4
Operating results of discontinued operations
Revenue	858.7	952.2
Operating income (loss)	495.5	311.5
Earnings (loss) before income taxes	432.1	181.5
Income tax benefit (expense)	(116.8)	(46.6)
Net earnings (loss)	315.3	134.9
Net loss (earnings) attributable to noncontrolling interests		0
Net earnings (loss) attributable to Liberty Global shareholders	315.3	134.9
UPC DTH | Discontinued Operations, Disposed of by Sale
Assets:
Current assets other than cash	7.8		8.5
Property and equipment, net	80.9		79.7
Goodwill	0		0
Other assets, net	7.2		7.4
Total assets	95.9		95.6
Liabilities:
Current portion of debt and finance lease obligations	12.2		11.2
Other accrued and current liabilities	31.6		32.5
Long-term debt and finance lease obligations	35.1		37.5
Other long-term liabilities	0.3		0.3
Total liabilities	79.2		$ 81.5
Operating results of discontinued operations
Revenue	27.7	31
Operating income (loss)	8.6	2.8
Earnings (loss) before income taxes	7.3	2.1
Income tax benefit (expense)	0	0
Net earnings (loss)	7.3	2.1
Net loss (earnings) attributable to noncontrolling interests		0
Net earnings (loss) attributable to Liberty Global shareholders	$ 7.3	$ 2.1

Investments (Schedules) (Detail

Investments (Schedules) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Investment [Line Items]
Equity	$ 3,827.3		$ 3,947
Fair value	1,187.1		1,174.8
Total	5,014.4		5,121.8
Share of results of affiliates, net	(70.9)	$ (36.5)
VodafoneZiggo JV
Investment [Line Items]
Equity	3,624.1		3,761.5
Share of results of affiliates, net	(62.3)	(26.8)
Summarized results of operations of the VodafoneZiggo JV
Revenue	1,093.9	1,196.6
Loss before income taxes	(188.8)	(103.7)
Net loss	(150.3)	(76.2)
Other
Investment [Line Items]
Equity	203.2		185.5
Fair value	310.7		298.2
Share of results of affiliates, net	(8.6)	$ (9.7)
ITV plc (ITV) — subject to re-use rights
Investment [Line Items]
Fair value	658.1		634.2
ITI Neovision S.A. (ITI Neovision)
Investment [Line Items]
Fair value	118.1		125.4
Lions Gate Entertainment Corp (Lionsgate)
Investment [Line Items]
Fair value	76.9		77.5
Casa Systems, Inc. (Casa)
Investment [Line Items]
Fair value	$ 23.3		$ 39.5

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
VodafoneZiggo JV
Schedule of Investments [Line Items]
Percent of interest income earned on loan included in investment	100.00%
Percent of remaining results of operations included in investment	50.00%
Revenue	$ 1,093,900,000	$ 1,196,600,000
JV Services
Schedule of Investments [Line Items]
Revenue	28,000,000	34,500,000
VodafoneZiggo JV Loan | VodafoneZiggo JV
Schedule of Investments [Line Items]
Due from related party	$ 910,100,000		$ 916,100,000
Receivable interest rate	5.55%
Accrued interests settled in cash	$ 12,600,000
Equity Method Investee | VodafoneZiggo JV
Schedule of Investments [Line Items]
Transfer of assets	3,900,000	$ 9,900,000
Due from related party	$ 20,400,000		$ 24,400,000

Derivative Instruments (Fair Va

Derivative Instruments (Fair Values of Derivative Assets and Liabilities) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Assets:
Current	$ 395.8	$ 394.2
Long-term	2,152	2,102.5
Total	2,547.8	2,496.7
Liabilities:
Current	379.7	328.4
Long-term	964.7	1,042.3
Total	1,344.4	1,370.7
Cross-currency and interest rate derivative contracts
Assets:
Current	372.3	372.7
Long-term	1,405.7	1,370.1
Total	1,778	1,742.8
Liabilities:
Current	371.5	326.5
Long-term	964.7	1,042.2
Total	1,336.2	1,368.7
Equity-related derivative instruments
Assets:
Current	14.6	13.9
Long-term	746.2	732.4
Total	760.8	746.3
Liabilities:
Current	1.3	1.4
Long-term	0	0
Total	1.3	1.4
Foreign currency forward and option contracts
Assets:
Current	8.4	7.2
Long-term	0	0
Total	8.4	7.2
Liabilities:
Current	6.9	0.5
Long-term	0	0
Total	6.9	0.5
Other
Assets:
Current	0.5	0.4
Long-term	0.1	0
Total	0.6	0.4
Liabilities:
Current	0	0
Long-term	0	0.1
Total	$ 0	$ 0.1

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Derivative [Line Items]
Derivative assets	$ 2,547.8		$ 2,496.7
Cross-currency and interest rate derivative contracts
Derivative [Line Items]
Gain (loss) in changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts	(58.1)	$ 37.7
Derivative assets	1,778		$ 1,742.8
Counterparty Credit Risk
Derivative [Line Items]
Derivative assets	$ 604.8
Ordinary shares | Lionsgate Loan
Derivative [Line Items]
Number of common stock shares owned (in shares)	1,250
Nonvoting Common Stock | Lionsgate Loan
Derivative [Line Items]
Number of common stock shares owned (in shares)	1,250

Derivative Instruments (Realize

Derivative Instruments (Realized and Unrealized Gains (Losses) on Derivatives) (Schedule and Footnotes) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ (82.8)	$ (211.3)
Cross-currency and interest rate derivative contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(87.3)	(361.9)
Equity-related derivative instruments:
Derivative [Line Items]
Gain (loss) on derivative instruments, net	14.8	145.2
ITV Collar
Derivative [Line Items]
Gain (loss) on derivative instruments, net	13.8	123.6
Lionsgate Forward
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0.8	9
Sumitomo Collar
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0	11.4
Other
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0.2	1.2
Foreign currency forward and option contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(10.6)	5.6
Other
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ 0.3	$ (0.2)

Derivative Instruments (Net Cas

Derivative Instruments (Net Cash Received (Paid) Related to Derivatives) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Operating activities	$ (135.5)	$ 41.3
Financing activities	(7.1)	9.8
Total	$ (142.6)	$ 51.1

Derivative Instruments (Cross-c

Derivative Instruments (Cross-currency Derivative Contracts) (Details) - 3 months ended Mar. 31, 2019 € in Millions, £ in Millions, zł in Millions, SFr in Millions, Kč in Millions, Ft in Millions, $ in Millions, in Millions	GBP (£)	HUF (Ft)	CHF (SFr)	CZK (Kč)	PLN (zł)	EUR (€)	USD ($)	RON ( )
Virgin Media
Derivative [Line Items]
Notional amount of derivative instruments without exchange of notional amounts at inception and maturity | $							$ 4,700
Virgin Media | Cross-Currency Swap 1
Derivative [Line Items]
Weighted average remaining life	3 years 9 months 18 days
Virgin Media | Cross-Currency Swap 2
Derivative [Line Items]
Weighted average remaining life	4 years 8 months 12 days
Virgin Media | Cross-Currency Swap 3
Derivative [Line Items]
Weighted average remaining life	5 years 9 months 18 days
UPC Holding | Cross-Currency Swap 4
Derivative [Line Items]
Weighted average remaining life	5 years 4 months 24 days
UPC Holding | Cross-Currency Swap 5
Derivative [Line Items]
Weighted average remaining life	6 years
UPC Holding | Cross-Currency Swap 6
Derivative [Line Items]
Weighted average remaining life	5 years 1 month 6 days
UPC Holding | Cross-Currency Swap 7
Derivative [Line Items]
Weighted average remaining life	1 year 6 months
UPC Holding | Cross-Currency Swap 8
Derivative [Line Items]
Weighted average remaining life	2 years 9 months 18 days
UPC Holding | Cross-Currency Swap 9
Derivative [Line Items]
Weighted average remaining life	2 years 6 months
UPC Holding | Cross-Currency Swap 10
Derivative [Line Items]
Weighted average remaining life	2 years 10 months 24 days
Telenet | Cross-Currency Swap 11
Derivative [Line Items]
Weighted average remaining life	6 years 3 months 18 days
Telenet | Cross-Currency Swap 12
Derivative [Line Items]
Weighted average remaining life	6 years 2 months 12 days
Notional amount due from counterparty | Virgin Media | Cross-Currency Swap 1
Derivative [Line Items]
Notional amount of derivative | $							400
Notional amount due from counterparty | Virgin Media | Cross-Currency Swap 2
Derivative [Line Items]
Notional amount of derivative | $							7,182.9
Notional amount due from counterparty | Virgin Media | Cross-Currency Swap 3
Derivative [Line Items]
Notional amount of derivative | £	£ 2,365.8
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 4
Derivative [Line Items]
Notional amount of derivative | $							2,420
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 5
Derivative [Line Items]
Notional amount of derivative | $							1,200
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 6
Derivative [Line Items]
Notional amount of derivative						€ 2,824.4
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 7
Derivative [Line Items]
Notional amount of derivative						299.2
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 8
Derivative [Line Items]
Notional amount of derivative						375.5
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 9
Derivative [Line Items]
Notional amount of derivative						822.9
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 10
Derivative [Line Items]
Notional amount of derivative						217.2
Notional amount due from counterparty | Telenet | Cross-Currency Swap 11
Derivative [Line Items]
Notional amount of derivative | $							3,670
Notional amount due from counterparty | Telenet | Cross-Currency Swap 12
Derivative [Line Items]
Notional amount of derivative						1,431.2
Notional amount due to counterparty | Virgin Media | Cross-Currency Swap 1
Derivative [Line Items]
Notional amount of derivative						339.6
Notional amount due to counterparty | Virgin Media | Cross-Currency Swap 2
Derivative [Line Items]
Notional amount of derivative | £	£ 4,759.3
Notional amount due to counterparty | Virgin Media | Cross-Currency Swap 3
Derivative [Line Items]
Notional amount of derivative | $							3,400
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 4
Derivative [Line Items]
Notional amount of derivative						1,999.4
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 5
Derivative [Line Items]
Notional amount of derivative | SFr			SFr 1,107.5
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 6
Derivative [Line Items]
Notional amount of derivative | SFr			SFr 3,221.2
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 7
Derivative [Line Items]
Notional amount of derivative | Kč				Kč 8,221.8
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 8
Derivative [Line Items]
Notional amount of derivative | Ft		Ft 105,911.9
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 9
Derivative [Line Items]
Notional amount of derivative | zł					zł 3,484.5
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 10
Derivative [Line Items]
Notional amount of derivative |								610
Notional amount due to counterparty | Telenet | Cross-Currency Swap 11
Derivative [Line Items]
Notional amount of derivative						€ 3,243.6
Notional amount due to counterparty | Telenet | Cross-Currency Swap 12
Derivative [Line Items]
Notional amount of derivative | $							$ 1,600

Derivative Instruments (Interes

Derivative Instruments (Interest Rate Swap Contracts and Options) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Interest Rate Swaption 1 | Virgin Media
Derivative [Line Items]
Notional amount of derivative	$ 6,352
Weighted average remaining life	1 year 6 months
Weighted average strike rate	2.45%
Interest Rate Swaption 2 | Virgin Media
Derivative [Line Items]
Notional amount of derivative	$ 482.4
Weighted average remaining life	1 year 3 months 18 days
Weighted average strike rate	1.96%
Notional amount due from counterparty | Interest Rate Swap | Virgin Media
Derivative [Line Items]
Notional amount of derivative	$ 20,109.9
Weighted average remaining life	3 years 4 months 24 days
Notional amount due from counterparty | Interest Rate Swap | UPC Holding
Derivative [Line Items]
Notional amount of derivative	$ 8,340.9
Weighted average remaining life	4 years 2 months 12 days
Notional amount due from counterparty | Interest Rate Swap | Telenet
Derivative [Line Items]
Notional amount of derivative	$ 3,775.6
Weighted average remaining life	5 years
Notional amount due to counterparty | Interest Rate Swap | Virgin Media
Derivative [Line Items]
Notional amount of derivative	$ 11,225.1
Weighted average remaining life	4 years 10 months 24 days
Notional amount due to counterparty | Interest Rate Swap | UPC Holding
Derivative [Line Items]
Notional amount of derivative	$ 5,229.1
Weighted average remaining life	6 years 7 months 6 days
Notional amount due to counterparty | Interest Rate Swap | Telenet
Derivative [Line Items]
Notional amount of derivative	$ 1,601.2
Weighted average remaining life	4 years 6 months
Maximum | Interest Rate Swaption
Derivative [Line Items]
Weighted average remaining life	3 years

Derivative Instruments (Basis S

Derivative Instruments (Basis Swaps, Interest Rate Caps and Collars) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Interest Rate Caps
Derivative [Line Items]
Notional amount of derivative	$ 259.9
Interest Rate Collars
Derivative [Line Items]
Notional amount of derivative	$ 636.8
Virgin Media | Basis Swaps
Derivative [Line Items]
Weighted average remaining life	9 days
UPC Holding | Basis Swaps
Derivative [Line Items]
Weighted average remaining life	9 days
Telenet | Basis Swaps
Derivative [Line Items]
Weighted average remaining life	9 days
Notional amount due from counterparty | Virgin Media | Basis Swaps
Derivative [Line Items]
Notional amount of derivative	$ 4,569.4
Notional amount due from counterparty | UPC Holding | Basis Swaps
Derivative [Line Items]
Notional amount of derivative	1,645
Notional amount due from counterparty | Telenet | Basis Swaps
Derivative [Line Items]
Notional amount of derivative	$ 2,075

Derivative Instruments (Impact

Derivative Instruments (Impact of Derivative Instruments on Borrowing Costs) (Details)	Mar. 31, 2019
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(0.42%)
Virgin Media
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(0.43%)
UPC Holding
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(0.18%)
Telenet
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(0.69%)

Derivative Instruments (Foreign

Derivative Instruments (Foreign Currency Forwards and Options) (Details) $ in Millions	Mar. 31, 2019USD ($)
Foreign currency forward and option contracts
Derivative [Line Items]
Notional amount of derivative	$ 2,009

Fair Value Measurements (Summar

Fair Value Measurements (Summary of Assets and Liabilities at Fair Value) (Schedule) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Assets:
Derivative instruments:	$ 2,547.8	$ 2,496.7
Investments	1,187.1	1,174.8
Total assets	3,734.9	3,671.5
Liabilities:
Derivative instruments:	1,344.4	1,370.7
Debt	262.2	248.6
Total liabilities	1,606.6	1,619.3
Quoted prices in active markets for identical assets (Level 1)
Assets:
Derivative instruments:	0	0
Investments	762.5	755.9
Total assets	762.5	755.9
Liabilities:
Derivative instruments:	0	0
Debt	0	0
Total liabilities	0	0
Significant other observable inputs (Level 2)
Assets:
Derivative instruments:	1,786.4	1,750.1
Investments	0	0
Total assets	1,786.4	1,750.1
Liabilities:
Derivative instruments:	1,328.2	1,354.9
Debt	262.2	248.6
Total liabilities	1,590.4	1,603.5
Significant unobservable inputs (Level 3)
Assets:
Derivative instruments:	761.4	746.6
Investments	424.6	418.9
Total assets	1,186	1,165.5
Liabilities:
Derivative instruments:	16.2	15.8
Debt	0	0
Total liabilities	16.2	15.8
Cross-currency and interest rate derivative contracts
Assets:
Derivative instruments:	1,778	1,742.8
Liabilities:
Derivative instruments:	1,336.2	1,368.7
Cross-currency and interest rate derivative contracts | Quoted prices in active markets for identical assets (Level 1)
Assets:
Derivative instruments:	0	0
Liabilities:
Derivative instruments:	0	0
Cross-currency and interest rate derivative contracts | Significant other observable inputs (Level 2)
Assets:
Derivative instruments:	1,777.4	1,742.5
Liabilities:
Derivative instruments:	1,321.5	1,354.3
Cross-currency and interest rate derivative contracts | Significant unobservable inputs (Level 3)
Assets:
Derivative instruments:	0.6	0.3
Liabilities:
Derivative instruments:	14.7	14.4
Equity-related derivative instruments
Assets:
Derivative instruments:	760.8	746.3
Liabilities:
Derivative instruments:	1.3	1.4
Equity-related derivative instruments | Quoted prices in active markets for identical assets (Level 1)
Assets:
Derivative instruments:	0	0
Liabilities:
Derivative instruments:	0	0
Equity-related derivative instruments | Significant other observable inputs (Level 2)
Assets:
Derivative instruments:	0	0
Liabilities:
Derivative instruments:	0	0
Equity-related derivative instruments | Significant unobservable inputs (Level 3)
Assets:
Derivative instruments:	760.8	746.3
Liabilities:
Derivative instruments:	1.3	1.4
Foreign currency forward and option contracts
Assets:
Derivative instruments:	8.4	7.2
Liabilities:
Derivative instruments:	6.9	0.5
Foreign currency forward and option contracts | Quoted prices in active markets for identical assets (Level 1)
Assets:
Derivative instruments:	0	0
Liabilities:
Derivative instruments:	0	0
Foreign currency forward and option contracts | Significant other observable inputs (Level 2)
Assets:
Derivative instruments:	8.4	7.2
Liabilities:
Derivative instruments:	6.7	0.5
Foreign currency forward and option contracts | Significant unobservable inputs (Level 3)
Assets:
Derivative instruments:	0	0
Liabilities:
Derivative instruments:	0.2	0
Other
Assets:
Derivative instruments:	0.6	0.4
Liabilities:
Derivative instruments:	0	0.1
Other | Quoted prices in active markets for identical assets (Level 1)
Assets:
Derivative instruments:	0	0
Liabilities:
Derivative instruments:		0
Other | Significant other observable inputs (Level 2)
Assets:
Derivative instruments:	0.6	0.4
Liabilities:
Derivative instruments:		0.1
Other | Significant unobservable inputs (Level 3)
Assets:
Derivative instruments:	$ 0	0
Liabilities:
Derivative instruments:		$ 0

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Reconciliation) (Schedule and Footnote) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance of net assets (liabilities) at January 1, 2019	$ 1,149.7
Gains included in net earnings (loss)
Realized and unrealized (gains) losses, net	7.5
Additions	15.2
Transfers out of Level 3	7.5
Foreign currency translation adjustments and other, net	(3.6)
Balance of net assets (liabilities) at March 31, 2019	1,169.8
Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance of net assets (liabilities) at January 1, 2019	418.9
Gains included in net earnings (loss)
Realized and unrealized (gains) losses, net	(6.5)
Additions	15.2
Transfers out of Level 3	0
Foreign currency translation adjustments and other, net	(3)
Balance of net assets (liabilities) at March 31, 2019	424.6
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, 2019	(14.1)
Gains included in net earnings (loss)
Realized and unrealized (gains) losses, net	(7.3)
Additions	0
Transfers out of Level 3	7.5
Foreign currency translation adjustments and other, net	(0.4)
Balance of net assets (liabilities) at March 31, 2019	(14.3)
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, 2019	744.9
Gains included in net earnings (loss)
Realized and unrealized (gains) losses, net	14.8
Additions	0
Transfers out of Level 3	0
Foreign currency translation adjustments and other, net	(0.2)
Balance of net assets (liabilities) at March 31, 2019	$ 759.5

Long-lived Assets (Schedule of

Long-lived Assets (Schedule of PP&E) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	$ 27,594.8	$ 26,970.3
Accumulated depreciation	(13,783.4)	(13,091.4)
Total property and equipment, net	13,811.4	13,878.9
Distribution systems
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	18,140.6	17,845.4
Customer premises equipment
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	4,357.5	4,191.2
Support equipment, buildings and land
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	$ 5,096.7	$ 4,933.7

Long-lived Assets (Narrative) (

Long-lived Assets (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Long-lived Assets [Abstract]
Noncash vendor financing arrangement, cash increase, excluding value added tax	$ 508.9	$ 635.9
Value added tax, vendor financing arrangement	$ 84.8	$ 96.6

Long-lived Assets (Schedule o_2

Long-lived Assets (Schedule of Changes in Carrying Amount of Goodwill) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Goodwill [Roll Forward]
January 1, 2019	$ 13,715.8
Acquisitions and related adjustments	(0.6)
Foreign currency translation adjustments	34.7
March 31, 2019	13,749.9
U.K./Ireland
Goodwill [Roll Forward]
January 1, 2019	7,671
Acquisitions and related adjustments	0
Foreign currency translation adjustments	138
March 31, 2019	7,809
Belgium
Goodwill [Roll Forward]
January 1, 2019	2,576.3
Acquisitions and related adjustments	(0.6)
Foreign currency translation adjustments	(52.5)
March 31, 2019	2,523.2
Switzerland
Goodwill [Roll Forward]
January 1, 2019	2,903.9
Acquisitions and related adjustments	0
Foreign currency translation adjustments	(37.5)
March 31, 2019	2,866.4
Central and Eastern Europe
Goodwill [Roll Forward]
January 1, 2019	564.6
Acquisitions and related adjustments	0
Foreign currency translation adjustments	(13.3)
March 31, 2019	$ 551.3

Long-lived Assets (Schedule o_3

Long-lived Assets (Schedule of Intangible Assets Subject to Amortization, Net) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Gross carrying amount	$ 4,237.1	$ 4,194.4
Accumulated amortization	(3,343.5)	(3,163.2)
Net carrying amount	893.6	1,031.2
Customer relationships
Property, Plant and Equipment [Line Items]
Gross carrying amount	3,726.1	3,673.1
Accumulated amortization	(3,091.6)	(2,914.2)
Net carrying amount	634.5	758.9
Other
Property, Plant and Equipment [Line Items]
Gross carrying amount	511	521.3
Accumulated amortization	(251.9)	(249)
Net carrying amount	$ 259.1	$ 272.3

Debt (Components of Debt) (Deta

Debt (Components of Debt) (Details) € in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2019GBP (£)	Mar. 31, 2019EUR (€)	Mar. 31, 2019USD ($)	Dec. 31, 2018GBP (£)	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Weighted average interest rate	4.58%	4.58%	4.58%
Unused borrowing capacity			$ 2,487.4
Total debt before deferred financing costs, discounts and premiums			29,534.2		$ 29,315.3
Deferred financing costs, discounts and premiums, net			(126)		(131.4)
Total carrying amount of debt			29,408.2		29,183.9
Finance lease obligations (note 10)			631.5
Finance lease obligations (note 10)					621.3
Total debt and finance lease obligations			30,039.7		29,805.2
Current maturities of debt and finance lease obligations			(3,679.4)		(3,615.2)
Long-term debt and finance lease obligations			26,360.3		26,190
General term of vendor financing arrangements	1 year
Debt, fair value			262.2		248.6
Significant other observable inputs (Level 2)
Debt Instrument [Line Items]
Debt, fair value			$ 262.2		248.6
VM Senior Secured Notes
Debt Instrument [Line Items]
Weighted average interest rate	5.40%	5.40%	5.40%
Unused borrowing capacity	£ 0		$ 0
Total debt before deferred financing costs, discounts and premiums			$ 6,340.5		6,268.3
VM Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate	4.75%	4.75%	4.75%
Unused borrowing capacity			$ 877.1
Total debt before deferred financing costs, discounts and premiums			$ 4,686.7		4,600.5
VM Senior Notes
Debt Instrument [Line Items]
Weighted average interest rate	5.55%	5.55%	5.55%
Unused borrowing capacity		€ 0	$ 0
Total debt before deferred financing costs, discounts and premiums			$ 1,978.9		1,999.9
Telenet Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	3.98%	3.98%	3.98%
Unused borrowing capacity			$ 499.3
Total debt before deferred financing costs, discounts and premiums			$ 3,124.2		3,145.7
Telenet Senior Secured Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.70%	4.70%	4.70%
Unused borrowing capacity		€ 0	$ 0
Total debt before deferred financing costs, discounts and premiums			$ 1,673.3		1,687.1
Telenet SPE Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.88%	4.88%	4.88%
Unused borrowing capacity		€ 0	$ 0
Total debt before deferred financing costs, discounts and premiums			$ 535.2		546.2
UPCB SPE Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.54%	4.54%	4.54%
Unused borrowing capacity		€ 0	$ 0
Total debt before deferred financing costs, discounts and premiums			$ 2,419.2		2,445.5
UPC Holding Bank Facility
Debt Instrument [Line Items]
Weighted average interest rate	4.98%	4.98%	4.98%
Unused borrowing capacity		€ 990.1	$ 1,111
Total debt before deferred financing costs, discounts and premiums			$ 1,645		1,645
UPC Holding Senior Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.60%	4.60%	4.60%
Unused borrowing capacity		€ 0	$ 0
Total debt before deferred financing costs, discounts and premiums			$ 1,201.8		1,215.5
Vendor financing
Debt Instrument [Line Items]
Weighted average interest rate	4.14%	4.14%	4.14%
Unused borrowing capacity			$ 0
Total debt before deferred financing costs, discounts and premiums			$ 3,638.1		3,620.3
ITV Collar Loan
Debt Instrument [Line Items]
Weighted average interest rate	0.90%	0.90%	0.90%
Unused borrowing capacity			$ 0
Total debt before deferred financing costs, discounts and premiums			$ 1,406.4		1,379.6
Derivative-related debt instruments
Debt Instrument [Line Items]
Weighted average interest rate	3.39%	3.39%	3.39%
Unused borrowing capacity			$ 0
Total debt before deferred financing costs, discounts and premiums			$ 316.6		301.9
Other
Debt Instrument [Line Items]
Weighted average interest rate	5.07%	5.07%	5.07%
Unused borrowing capacity			$ 0
Total debt before deferred financing costs, discounts and premiums			$ 568.3		459.8
Aggregate Variable and Fixed Rate Indebtedness
Debt Instrument [Line Items]
Weighted average interest rate	4.33%	4.33%	4.33%
VM Financing Facilities
Debt Instrument [Line Items]
Total debt before deferred financing costs, discounts and premiums	£ 90,300,000		$ 117.3	£ 41,900,000	54.4
VM Revolving Credit Facility
Debt Instrument [Line Items]
Unused borrowing capacity	675,000,000		877.1
VM Revolving Facility A
Debt Instrument [Line Items]
Facility amount	50,000,000		65
VM Revolving Facility B
Debt Instrument [Line Items]
Facility amount	£ 625,000,000		812.1
Telenet Facility AG
Debt Instrument [Line Items]
Unused borrowing capacity		€ 400	448.8
Telenet Overdraft Facility
Debt Instrument [Line Items]
Unused borrowing capacity		25	28.1
Telenet Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity		€ 20	22.4
Secured Debt | Virgin Media Collateralized Debt
Debt Instrument [Line Items]
Total carrying amount of debt			235.8		225.9
Long-term Debt
Debt Instrument [Line Items]
Debt, fair value			$ 29,700		$ 28,500

Debt (Maturities of Debt) (Deta

Debt (Maturities of Debt) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
2019 (remainder of year)	$ 3,189.2
2020	666.4
2021	2,363
2022	684.3
2023	221.3
2024	1,137
Thereafter	21,273
Total debt maturities	29,534.2
Deferred financing costs, discounts and premiums, net	(126)	$ (131.4)
Total debt	29,408.2
Current portion	3,598.4
Noncurrent portion	25,809.8
Virgin Media
Debt Instrument [Line Items]
2019 (remainder of year)	2,176.9
2020	282.2
2021	1,337.5
2022	310.9
2023	181.6
2024	1,126.1
Thereafter	10,585
Total debt maturities	16,000.2
Deferred financing costs, discounts and premiums, net	(36.6)
Total debt	15,963.6
Current portion	2,447.1
Noncurrent portion	13,516.5
UPC Holding
Debt Instrument [Line Items]
2019 (remainder of year)	536.3
2020	92.5
2021	25.8
2022	25.4
2023	23.5
2024	0.9
Thereafter	5,266.2
Total debt maturities	5,970.6
Deferred financing costs, discounts and premiums, net	(38)
Total debt	5,932.6
Current portion	609.2
Noncurrent portion	5,323.4
Telenet
Debt Instrument [Line Items]
2019 (remainder of year)	429.1
2020	66.7
2021	10.2
2022	9.9
2023	9.9
2024	10
Thereafter	5,421.8
Total debt maturities	5,957.6
Deferred financing costs, discounts and premiums, net	(33.5)
Total debt	5,924.1
Current portion	481
Noncurrent portion	5,443.1
Other
Debt Instrument [Line Items]
2019 (remainder of year)	46.9
2020	225
2021	989.5
2022	338.1
2023	6.3
2024	0
Thereafter	0
Total debt maturities	1,605.8
Deferred financing costs, discounts and premiums, net	(17.9)
Total debt	1,587.9
Current portion	61.1
Noncurrent portion	$ 1,526.8

Leases (Lease Balances) (Detail

Leases (Lease Balances) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Weighted average remaining lease term for operating leases	8 years
Weighted average discount rate for operating leases	4.00%
Weighted average remaining lease term for finance leases	23 years 7 months 6 days
Weighted average discount rate for finance leases	6.00%
Operating leases	$ 518.4
Finance leases	557.4
Total	1,075.8
ROU assets recorded during the period associated with:
Operating leases	3.5
Finance leases	12.2
Total	15.7
ROU assets associated with finance leases additions	698.6	$ 983.6
Operating leases	525.4
Finance lease obligations (note 10)	631.5
Total	1,156.9
Finance lease obligations (note 10)			$ 621.3
Assets Held under Capital Leases
ROU assets recorded during the period associated with:
ROU assets associated with finance leases additions	$ 23.9

Leases (Lease Expense and Cash

Leases (Lease Expense and Cash Outflows from Operating and Finance Leases) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Finance lease expense:
Depreciation and amortization	$ 22.7
Interest expense	8.1
Total finance lease expense	30.8
Operating lease expense	33.2
Short-term lease expense	1.9
Variable lease expense	1.1
Total lease expense	67
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	35.7
Operating cash outflows from finance leases	8.1
Financing cash outflows from finance leases	18.1
Total cash outflows from operating and finance leases	$ 61.9

Leases (Maturities of Operating

Leases (Maturities of Operating and Financing Lease Liabilities) (Details) $ in Millions	Mar. 31, 2019USD ($)
Operating leases
2019 (remainder of year)	$ 95.5
2020	107.8
2021	88.5
2022	74.6
2023	63.3
2024	75.1
Thereafter	161.1
Total payments	665.9
Less: present value discount	(140.5)
Present value of lease payments	525.4
Current portion	106.6
Noncurrent portion	418.8
Finance leases
2019 (remainder of year)	91.6
2020	103.4
2021	94.7
2022	92.7
2023	91.2
2024	51.5
Thereafter	421.9
Total payments	947
Less: present value discount	(315.5)
Present value of lease payments	631.5
Current portion	81
Noncurrent portion	$ 550.5

Leases (Maturities of Operati_2

Leases (Maturities of Operating and Finance Lease Obligations Under Topic 840) (Details) $ in Millions	Dec. 31, 2018USD ($)
Operating leases
2019	$ 123.9
2020	85.4
2021	66.6
2022	54.3
2023	46.8
Thereafter	178.6
Total payments	555.6
Finance leases
2019	101.4
2020	107.3
2021	96.7
2022	94.5
2023	93.5
Thereafter	464
Total payments	$ 957.4

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Federal to Effective Taxes) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Accrued Income Taxes [Abstract]
Computed “expected” tax benefit	$ 53	$ 124.9
Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates (b)	(79.1)	(51.5)
Non-deductible or non-taxable foreign currency exchange results	33	(80.6)
Non-deductible or non-taxable interest and other items	(22.8)	(13.8)
Change in valuation allowances	(12.6)	517.6
International rate differences	12.2	6.8
Enacted tax law and rate changes	(9.4)	13.8
Mandatory Repatriation Tax	0	(1,210.5)
Other, net	(2.1)	(16.7)
Total income tax expense	$ (27.8)	$ (710)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Income Taxes [Line Items]
Unrecognized tax benefits	$ 843.3
Unrecognized tax benefits that would have a favorable impact	740.2
Decrease in unrecognized tax benefits reasonable possible amount	185
Decrease in unrecognized tax benefits, amount of positive impact on effective tax rate	$ 75
Domestic Tax Authority
Income Taxes [Line Items]
Income tax rate	19.00%

Equity (Details)

Equity (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)$ / sharesshares
Equity [Abstract]
Shares repurchased (in shares) | shares	9,049,882
Average price paid per share (in dollars per share) | $ / shares	$ 23.66
Total cost	$ 214.1
Remaining authorized repurchase amount	$ 353.2

Share-based Compensation (Share

Share-based Compensation (Share-Based Compensation Expense) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 67.3	$ 42.7
Other operating expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	0.9	1
SG&A expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	66.4	41.7
Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	61.8	37.8
Performance-based incentive awards | Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	29.9	8.7
Non-performance based share-based incentive awards | Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	22	22
Other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	5.5	4.9
Other | Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 9.9	$ 7.1

Share-based Compensation (Narra

Share-based Compensation (Narrative) (Details)	3 Months Ended
	Mar. 31, 2019shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of annual incentive compensation receivable in shares	100.00%
2019 Challenge Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance period	3 years
Award vesting rights	100.00%
Expiration period	10 years
2018 PSUs | PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance period	2 years
2018 PSUs | PSUs | April 1, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights	50.00%
2018 PSUs | PSUs | October 1, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights	50.00%
2018 PSUs | PSUs | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance range	50.00%
Award expected performance	50.00%
2018 PSUs | PSUs | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance range	125.00%
Award expected performance	150.00%
Class A | 2019 Challenge Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of ordinary share rights for each performance share	1
Class C | 2019 Challenge Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of ordinary share rights for each performance share	1

Share-based Compensation (Award

Share-based Compensation (Awards Outstanding and Exercisable) (Details)	Mar. 31, 2019$ / sharesshares
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)	20,043,088
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 30.89
Options exercisable (in shares)	10,666,743
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 32.38
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)	45,104,300
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 29.32
Options exercisable (in shares)	26,167,940
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 30.04
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)	1,929,071
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)	52,622
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)	3,644,793
Held by Liberty Global employees: | PSUs | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	7,853
Held by Liberty Global employees: | PSUs | Class B
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	0
Held by Liberty Global employees: | PSUs | Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	15,702
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)	1,197,485
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 33.05
Options exercisable (in shares)	1,042,746
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 32.75
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)	2,793,323
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 30.89
Options exercisable (in shares)	2,483,449
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 30.50
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)	2,576,197
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)	5,156,515
Held by former Liberty Global employees: | PSUs | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	146,023
Held by former Liberty Global employees: | PSUs | 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: | PSUs | Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	292,381

Restructuring Liability (Detail

Restructuring Liability (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Restructuring Reserve [Roll Forward]
Restructuring liability as of January 1, 2019, before effect of accounting change	$ 41.1
Accounting change			$ (2.4)
Restructuring liability as of January 1, 2019, as adjusted for accounting change			38.7
Restructuring charges	37.5
Cash paid	(23.1)
Foreign currency translation adjustments and other	(0.1)
Restructuring liability as of March 31, 2019	53
Current portion		$ 41.6
Noncurrent portion		11.4
Total	41.1	53	41.1
Employee severance and termination
Restructuring Reserve [Roll Forward]
Restructuring liability as of January 1, 2019, before effect of accounting change	14.7
Accounting change			0
Restructuring liability as of January 1, 2019, as adjusted for accounting change			14.7
Restructuring charges	34.9
Cash paid	(20.3)
Foreign currency translation adjustments and other	0.9
Restructuring liability as of March 31, 2019	30.2
Current portion		28.7
Noncurrent portion		1.5
Total	14.7	30.2	14.7
Employee severance and termination | U.K./Ireland
Restructuring Reserve [Roll Forward]
Restructuring charges	19.5
Office closures
Restructuring Reserve [Roll Forward]
Restructuring liability as of January 1, 2019, before effect of accounting change	8.5
Accounting change			(2.4)
Restructuring liability as of January 1, 2019, as adjusted for accounting change			6.1
Restructuring charges	0.8
Cash paid	(1)
Foreign currency translation adjustments and other	(0.7)
Restructuring liability as of March 31, 2019	5.2
Current portion		4.1
Noncurrent portion		1.1
Total	8.5	5.2	8.5
Contract termination and other
Restructuring Reserve [Roll Forward]
Restructuring liability as of January 1, 2019, before effect of accounting change	17.9
Accounting change			0
Restructuring liability as of January 1, 2019, as adjusted for accounting change			17.9
Restructuring charges	1.8
Cash paid	(1.8)
Foreign currency translation adjustments and other	(0.3)
Restructuring liability as of March 31, 2019	17.6
Current portion		8.8
Noncurrent portion		8.8
Total	17.9	$ 17.6	$ 17.9
Central and Corporate | Employee severance and termination
Restructuring Reserve [Roll Forward]
Restructuring charges	$ 14.5

Earnings or Loss per Share (Nar

Earnings or Loss per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Stock Options, SARs, PSARs and RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Aggregate number of shares excluded from computation of EPS	74.8	51.9
PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Aggregate number of shares excluded from computation of EPS	8.2	7.3

Earnings or Loss per Share (Sch

Earnings or Loss per Share (Schedules) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Loss from continuing operations	$ (306.9)	$ (1,367.2)
Net earnings from continuing operations attributable to noncontrolling interests	(8.7)	(6.1)
Net loss from continuing operations attributable to Liberty Global shareholders	$ (315.6)	$ (1,373.3)
Weighted average ordinary shares outstanding - basic and diluted (in shares)	742,090,960	807,879,932

Commitments and Contingencies_2

Commitments and Contingencies (Unrecorded Purchase Obligation) (Details) $ in Millions	Mar. 31, 2019USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2019	$ 1,789.8
2020	1,148.7
2021	690.6
2023	160.5
2023	77.9
2024	68.4
Thereafter	780.1
Total	4,716
Network and connectivity commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2019	613.7
2020	304.1
2021	257.7
2023	61.3
2023	43.8
2024	37.2
Thereafter	722.7
Total	2,040.5
Programming commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2019	593.8
2020	577.6
2021	306
2023	60.7
2023	13.9
2024	13.9
Thereafter	30.2
Total	1,596.1
Purchase commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2019	563.8
2020	259
2021	125.3
2023	37
2023	20
2024	17.1
Thereafter	26.6
Total	1,048.8
Other commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2019	18.5
2020	8
2021	1.6
2023	1.5
2023	0.2
2024	0.2
Thereafter	0.6
Total	$ 30.6

Commitments and Contingencies_3

Commitments and Contingencies (Narrative) (Details) € in Millions, £ in Millions

1 Months Ended

3 Months Ended

12 Months Ended

Sep. 30, 2018GBP (£)

Sep. 30, 2018USD ($)

Dec. 31, 2015EUR (€)

Dec. 31, 2015USD ($)

Mar. 31, 2019USD ($)

Mar. 31, 2018USD ($)

Dec. 31, 2015GBP (£)

Dec. 31, 2015USD ($)

Dec. 31, 2017EUR (€)

Dec. 31, 2017USD ($)

Dec. 31, 2019GBP (£)

Dec. 31, 2019USD ($)

Mar. 31, 2019GBP (£)

Mar. 31, 2019USD ($)

Dec. 31, 2018EUR (€)

Dec. 31, 2018USD ($)

Nov. 26, 2007association

Loss Contingencies [Line Items]

Programming costs

$ 437,400,000

$ 402,700,000

Interkabel Acquisition

Loss Contingencies [Line Items]

Damages sought

€ 1,400

$ 1,600,000,000

Interkabel Acquisition

Loss Contingencies [Line Items]

Number of associations of municipalities in Belgium | association

4

Loss contingency damages in excess value

€ 20

$ 22,400,000

Loss contingency accrual

$ 0

Deutsche Telekom Litigation

Loss Contingencies [Line Items]

Damages sought

€ 75

$ 84,000,000

Reduction of annual lease fees

83.33%

Belgium Regulatory Developments

Loss Contingencies [Line Items]

Percent of reduction in monthly wholesale cable resale access prices

17.00%

17.00%

Virgin Media VAT Matters

Loss Contingencies [Line Items]

Loss contingency accrual

$ 0

Virgin Media VAT Matters | Maximum

Loss Contingencies [Line Items]

Estimate of possible loss

£ 47

$ 61,000,000

Virgin Media VAT Legislation Change

Loss Contingencies [Line Items]

Continuing operations

£ 67

$ 99,100,000

Provisions for litigation

£ 63.7

$ 83,100,000

Interest expense

£ 3.3

$ 4,400,000

Other Regulatory Issues | Maximum | Forecast | U.K.

Loss Contingencies [Line Items]

Estimate of possible loss

£ 28

$ 36,000,000

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details)	3 Months Ended
	Mar. 31, 2019
Segment Reporting Information [Line Items]
Threshold percentage used to determine reportable segments using one of three criteria of revenue, operating cash flow or total assets	10.00%
Performance measures, percentage of reportable segment revenue and operating cash flow presented	100.00%
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100.00%
Ownership percentage	50.00%
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

Segment Reporting (Performance Measures) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Revenue	$ 2,868	$ 3,063.5
Adjusted OIBDA	1,183.3	1,261.7
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Revenue	1,093.9	1,196.6
Adjusted OIBDA	493.8	516.9
Operating Segments
Segment Reporting Information [Line Items]
Adjusted OIBDA	1,183.3	1,261.7
Operating Segments | U.K./Ireland
Segment Reporting Information [Line Items]
Revenue	1,661.3	1,778.2
Adjusted OIBDA	708.3	762.6
Operating Segments | Belgium
Segment Reporting Information [Line Items]
Revenue	711.9	759.6
Adjusted OIBDA	339	357.6
Operating Segments | Switzerland
Segment Reporting Information [Line Items]
Revenue	316	344.9
Adjusted OIBDA	163.1	186.5
Operating Segments | Central and Eastern Europe
Segment Reporting Information [Line Items]
Revenue	119.1	129.5
Adjusted OIBDA	57.2	62.3
Operating Segments | Central and Corporate
Segment Reporting Information [Line Items]
Revenue	60.7	52.7
Adjusted OIBDA	(85.7)	(107.1)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	(1)	(1.4)
Adjusted OIBDA	$ 1.4	$ (0.2)

Segment Reporting (Reconciliati

Segment Reporting (Reconciliation of Consolidated Segment Adjusted OIBDA) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting, Measurement Disclosures [Abstract]
Adjusted OIBDA from continuing operations	$ 1,183.3	$ 1,261.7
Share-based compensation expense	(67.3)	(42.7)
Depreciation and amortization	(939.6)	(1,040.7)
Impairment, restructuring and other operating items, net	(70.9)	(60.7)
Operating income	105.5	117.6
Interest expense	(367.3)	(375.3)
Realized and unrealized losses on derivative instruments, net	(82.8)	(211.3)
Foreign currency transaction gains (losses), net	138.6	(101.7)
Realized and unrealized losses due to changes in fair values of certain investments and debt, net	(8.2)	(57.2)
Share of results of affiliates, net	(70.9)	(36.5)
Other income, net	6	7.2
Loss from continuing operations before income taxes	$ (279.1)	$ (657.2)

Segment Reporting (Capital Expe

Segment Reporting (Capital Expenditures of Reportable Segments) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Total consolidated property and equipment additions	$ 698.6	$ 983.6
Assets acquired under capital-related vendor financing arrangements	(508.9)	(635.9)
Assets acquired under capital leases	(12.2)	(23.9)
Changes in current liabilities related to capital expenditures	153.8	160.4
Third-party payments	371.6	509.6
Proceeds received for transfers to related parties	(40.3)	(25.4)
Total capital expenditures, net	331.3	484.2
U.K./Ireland
Segment Reporting Information [Line Items]
Total consolidated property and equipment additions	395.3	559.2
Belgium
Segment Reporting Information [Line Items]
Total consolidated property and equipment additions	141.7	185.2
Switzerland
Segment Reporting Information [Line Items]
Total consolidated property and equipment additions	58.6	52.8
Central and Eastern Europe
Segment Reporting Information [Line Items]
Total consolidated property and equipment additions	21.7	37.9
Central and Corporate
Segment Reporting Information [Line Items]
Total consolidated property and equipment additions	81.3	148.5
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Property and equipment additions - VodafoneZiggo JV	$ 192.1	$ 239.8

Segment Reporting (Revenue by M

Segment Reporting (Revenue by Major Category) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Revenue	$ 2,868	$ 3,063.5
Total residential cable revenue
Segment Reporting Information [Line Items]
Revenue	1,917.7	2,091.3
Total subscription revenue
Segment Reporting Information [Line Items]
Revenue	1,863.7	2,010
Video
Segment Reporting Information [Line Items]
Revenue	692.1	747.2
Broadband internet
Segment Reporting Information [Line Items]
Revenue	802.8	840.8
Fixed-line telephony
Segment Reporting Information [Line Items]
Revenue	368.8	422
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	54	81.3
Total residential revenue
Segment Reporting Information [Line Items]
Revenue	2,302.4	2,514.7
Subscription revenue
Segment Reporting Information [Line Items]
Revenue	228	243.9
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	156.7	179.5
Total residential mobile revenue
Segment Reporting Information [Line Items]
Revenue	384.7	423.4
Total B2B revenue
Segment Reporting Information [Line Items]
Revenue	485.8	487.6
Subscription revenue
Segment Reporting Information [Line Items]
Revenue	113.8	108.2
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	372	379.4
Other revenue
Segment Reporting Information [Line Items]
Revenue	$ 79.8	$ 61.2

Segment Reporting (Geographic S

Segment Reporting (Geographic Segments) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Revenue	$ 2,868	$ 3,063.5
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Revenue	1,093.9	1,196.6
Operating Segments | U.K.
Segment Reporting Information [Line Items]
Revenue	1,533.5	1,644.4
Operating Segments | Belgium
Segment Reporting Information [Line Items]
Revenue	711.9	759.6
Operating Segments | Switzerland
Segment Reporting Information [Line Items]
Revenue	316	344.9
Operating Segments | Ireland
Segment Reporting Information [Line Items]
Revenue	127.8	133.8
Operating Segments | Poland
Segment Reporting Information [Line Items]
Revenue	106.7	116
Operating Segments | Slovakia
Segment Reporting Information [Line Items]
Revenue	12.4	13.5
Other, including intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	$ 59.7	$ 51.3