Liberty Global (LBTYA) 10-Q 28 Jul 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 18, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-35961
Entity Registrant Name	Liberty Global plc
Entity Incorporation, State or Country Code	X0
Entity Tax Identification Number	98-1112770
Entity Address, Address Line One	Griffin House
Entity Address, Address Line Two	161 Hammersmith Rd
Entity Address, City or Town	London
Entity Address, Country	GB
Entity Address, Postal Zip Code	W6 8BS
Country Region	44
City Area Code	208
Local Phone Number	483.6449
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001570585
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A
Entity Information [Line Items]
Title of 12(b) Security	Class A ordinary shares
Trading Symbol	LBTYA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		173,362,325
Class B
Entity Information [Line Items]
Title of 12(b) Security	Class B ordinary shares
Trading Symbol	LBTYB
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		12,994,000
Class C
Entity Information [Line Items]
Title of 12(b) Security	Class C ordinary shares
Trading Symbol	LBTYK
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		298,437,339

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 2,391.1	$ 910.6
Trade receivables, net	767.6	907.3
Short-term investments	1,527	2,269.6
Current assets of discontinued operations (note 4)	0	925
Other current assets (notes 3, 5 and 6)	918.8	928
Total current assets	5,604.5	5,940.5
Investments and related notes receivable (including $2,296.2 million and $2,757.8 million, respectively, measured at fair value on a recurring basis) (note 5)	17,715.2	19,703
Property and equipment, net (notes 8 and 10)	6,325	6,981.5
Goodwill (note 8)	8,997.5	9,523.4
Intangible assets subject to amortization, net (note 8)	2,017.5	2,342.5
Other assets, net (notes 3, 4, 6 and 10)	3,499.9	2,426.1
Total assets	44,159.6	46,917
Current liabilities:
Accounts payable	513.4	613.4
Deferred revenue (note 3)	316.8	274.7
Current portion of debt and finance lease obligations (notes 9 and 10)	764.8	850.3
Accrued capital expenditures	210.8	257.7
Accrued income taxes (note 11)	149.8	236.6
Derivative instruments (note 6)	207.9	221.8
Current liabilities of discontinued operations (note $4)	0	201.3
Other accrued and current liabilities (notes $4 and 10)	1,422.8	1,429
Total current liabilities	3,586.3	4,084.8
Long-term debt and finance lease obligations (notes 9 and 10)	12,483.6	13,974.8
Long-term operating lease liabilities (notes $4 and 10)	1,644.4	1,226.1
Other long-term liabilities (notes 3 and 6)	1,639.7	2,033.3
Total liabilities	19,354	21,319
Commitments and contingencies (notes 6, 9, 10, 11 and 15)
Liberty Global shareholders:
Additional paid-in capital	2,851.1	3,893
Accumulated earnings	21,969.4	18,144.5
Accumulated other comprehensive earnings (loss), net of taxes	(49.3)	3,892.2
Treasury shares, at cost	(0.1)	(0.1)
Total Liberty Global shareholders	24,776	25,934.9
Noncontrolling interests	29.6	(336.9)
Total equity	24,805.6	25,598
Total liabilities and equity	44,159.6	46,917
Class A
Liberty Global shareholders:
Common stock	1.8	1.8
Class B
Liberty Global shareholders:
Common stock	0.1	0.1
Class C
Liberty Global shareholders:
Common stock	$ 3	$ 3.4

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Other investments	$ 2,296.2	$ 2,757.8
Class A
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	174,844,779	174,310,558
Common stock, outstanding (in shares)	174,844,779	174,310,558
Class B
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	12,994,000	12,930,839
Common stock, outstanding (in shares)	12,994,000	12,930,839
Class C
Common stock, nominal value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued (in shares)	302,310,584	340,114,729
Common stock, outstanding (in shares)	302,310,584	340,114,729

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue (notes 3, 4, 5 and 16)	$ 1,754.2	$ 2,989.2	$ 3,607.5	$ 6,489.1
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	480.6	843.9	1,017.4	1,923.3
Other operating (note 13)	267.3	437.4	540.5	946.1
Selling, general and administrative (SG&A) (note 13)	405.8	608.6	816.2	1,267.6
Depreciation and amortization	517.7	555.3	1,082.4	1,162.5
Impairment, restructuring and other operating items, net	58.3	6.8	67.7	51.2
Operating costs and expenses	1,729.7	2,452	3,524.2	5,350.7
Operating income	24.5	537.2	83.3	1,138.4
Non-operating income (expense):
Interest expense	(132.9)	(272.5)	(267.1)	(607.2)
Realized and unrealized gains (losses) on derivative instruments, net (note 6)	613.7	(303.1)	1,122.2	508.1
Foreign currency transaction gains, net	1,148.7	131.4	1,723.7	435.2
Realized and unrealized gains (losses) due to changes in fair values of certain investments, net (notes 5 and 7)	(112)	288.1	(205.6)	482.7
Gains (losses) on debt extinguishment, net (note 9)	2.8	(90.6)	2.8	(90.6)
Share of results of affiliates, net (note 5)	81.1	(8.1)	311.6	(6.4)
Gain on Telenet Tower Sale (note 4)	693.3	0	693.3	0
Other income, net	26.6	7.3	38.5	17.4
Non-operating income (expense)	2,321.3	10,890.5	3,419.4	11,877.2
Earnings from continuing operations before income taxes	2,345.8	11,427.7	3,502.7	13,015.6
Income tax expense (note 11)	(63.6)	(276.8)	(144.8)	(442)
Earnings from continuing operations	2,282.2	11,150.9	3,357.9	12,573.6
Discontinued operations (note 4):
Earnings from discontinued operations, net of taxes	0	23.6	34.6	41.2
Gain on disposal of discontinued operations, net of taxes	848.9	0	848.9	0
Discontinued operations	848.9	23.6	883.5	41.2
Net earnings	3,131.1	11,174.5	4,241.4	12,614.8
Net earnings attributable to noncontrolling interests	(344.5)	(46.3)	(416.5)	(101.2)
Net earnings attributable to Liberty Global shareholders	$ 2,786.6	$ 11,128.2	$ 3,824.9	$ 12,513.6
Basic earnings attributable to Liberty Global shareholders per share (note 14):
Continuing operations (in USD per share)	$ 3.87	$ 19.94	$ 5.76	$ 22.04
Discontinued operations (in USD per share)	1.69	0.04	1.73	0.07
Basic earnings attributable to Liberty Global shareholders per share (in USD per share)	5.56	19.98	7.49	22.11
Diluted earnings attributable to Liberty Global shareholders per share (note 14):
Continuing operations (in USD per share)	3.80	19.51	5.64	21.62
Discontinued operations (in USD per share)	1.67	0.04	1.70	0.07
Diluted earnings attributable to Liberty Global shareholders per share (in USD per share)	$ 5.47	$ 19.55	$ 7.34	$ 21.69
U.K. JV Transaction
Non-operating income (expense):
Gain on U.K. JV Transaction (note 4)	$ 0	$ 11,138	$ 0	$ 11,138

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings (Loss) (unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net earnings	$ 3,131.1	$ 11,174.5	$ 4,241.4	$ 12,614.8
Other comprehensive earnings (loss), net of taxes:
Foreign currency translation adjustments	(2,722.9)	998.4	(3,908.2)	46.8
Reclassification adjustment included in net earnings (note 4)	(1.2)	1,248.8	(2.2)	1,248.8
Pension-related adjustments and other	19.1	3.4	21.1	3.3
Other comprehensive earnings (loss) from continuing operations	(2,705)	2,250.6	(3,889.3)	1,298.9
Other comprehensive earnings (loss) from discontinued operations (note 4)	(10.9)	27	(44.4)	(18.1)
Other comprehensive earnings (loss)	(2,715.9)	2,277.6	(3,933.7)	1,280.8
Comprehensive earnings	415.2	13,452.1	307.7	13,895.6
Comprehensive earnings attributable to noncontrolling interests	(351.8)	(47.6)	(424.3)	(102.5)
Comprehensive earnings (loss) attributable to Liberty Global shareholders	$ 63.4	$ 13,404.5	$ (116.6)	$ 13,793.1

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity (unaudited) - USD ($) $ in Millions	Total	Total Liberty Global shareholders	Ordinary shares Class A	Ordinary shares Class B	Ordinary shares Class C	Additional paid-in capital	Accumulated earnings	Accumulated other comprehensive earnings, net of taxes	Treasury shares, at cost	Non-controlling interests
Beginning balance at Dec. 31, 2020	$ 13,298.4	$ 13,662.6	$ 1.8	$ 0.1	$ 3.9	$ 5,271.7	$ 4,692.1	$ 3,693.1	$ (0.1)	$ (364.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	1,440.3	1,385.4					1,385.4			54.9
Other comprehensive loss, net of taxes	(996.8)	(996.8)						(996.8)
Repurchases and cancellations of Liberty Global ordinary shares (note 12)	(323.4)	(323.4)			(0.2)	(323.2)
Share-based compensation (note 13)	49.4	49.4				49.4
Adjustments due to changes in subsidiaries’ equity and other, net	20.2	18.8				18.8				1.4
Ending balance at Mar. 31, 2021	13,488.1	13,796	1.8	0.1	3.7	5,016.7	6,077.5	2,696.3	(0.1)	(307.9)
Beginning balance at Dec. 31, 2020	13,298.4	13,662.6	1.8	0.1	3.9	5,271.7	4,692.1	3,693.1	(0.1)	(364.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	12,614.8
Other comprehensive loss, net of taxes	1,280.8
Ending balance at Jun. 30, 2021	26,550	26,882.1	1.8	0.1	3.7	4,698.3	17,205.7	4,972.6	(0.1)	(332.1)
Beginning balance at Mar. 31, 2021	13,488.1	13,796	1.8	0.1	3.7	5,016.7	6,077.5	2,696.3	(0.1)	(307.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	11,174.5	11,128.2					11,128.2			46.3
Other comprehensive loss, net of taxes	2,277.6	2,276.3						2,276.3		1.3
Repurchases and cancellations of Liberty Global ordinary shares (note 12)	(345.2)	(345.2)				(345.2)
Share-based compensation (note 13)	74.3	74.3				74.3
Adjustments due to changes in subsidiaries’ equity and other, net	(119.3)	(47.5)				(47.5)				(71.8)
Ending balance at Jun. 30, 2021	26,550	26,882.1	1.8	0.1	3.7	4,698.3	17,205.7	4,972.6	(0.1)	(332.1)
Beginning balance at Dec. 31, 2021	25,598	25,934.9	1.8	0.1	3.4	3,893	18,144.5	3,892.2	(0.1)	(336.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	1,110.3	1,038.3					1,038.3			72
Other comprehensive loss, net of taxes	(1,217.8)	(1,218.3)						(1,218.3)		0.5
Repurchases and cancellations of Liberty Global ordinary shares (note 12)	(496.1)	(496.1)			(0.2)	(495.9)
Share-based compensation (note 13)	50.5	50.5				50.5
Repurchases by Telenet of its outstanding shares	(24.9)	(28)				(28)				3.1
Adjustments due to changes in subsidiaries’ equity and other, net	(12.9)	(13.5)				(13.5)				0.6
Ending balance at Mar. 31, 2022	25,007.1	25,267.8	1.8	0.1	3.2	3,406.1	19,182.8	2,673.9	(0.1)	(260.7)
Beginning balance at Dec. 31, 2021	25,598	25,934.9	1.8	0.1	3.4	3,893	18,144.5	3,892.2	(0.1)	(336.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	4,241.4
Other comprehensive loss, net of taxes	(3,933.7)
Ending balance at Jun. 30, 2022	24,805.6	24,776	1.8	0.1	3	2,851.1	21,969.4	(49.3)	(0.1)	29.6
Beginning balance at Mar. 31, 2022	25,007.1	25,267.8	1.8	0.1	3.2	3,406.1	19,182.8	2,673.9	(0.1)	(260.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	3,131.1	2,786.6					2,786.6			344.5
Other comprehensive loss, net of taxes	(2,715.9)	(2,723.2)						(2,723.2)		7.3
Repurchases and cancellations of Liberty Global ordinary shares (note 12)	(565.9)	(565.9)			(0.2)	(565.7)
Distributions by subsidiaries to noncontrolling interest owners (note 12)	(64.8)									(64.8)
Share-based compensation (note 13)	40	40				40
Adjustments due to changes in subsidiaries’ equity and other, net	(26)	(29.3)				(29.3)				3.3
Ending balance at Jun. 30, 2022	$ 24,805.6	$ 24,776	$ 1.8	$ 0.1	$ 3	$ 2,851.1	$ 21,969.4	$ (49.3)	$ (0.1)	$ 29.6

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net earnings	$ 4,241.4	$ 12,614.8
Earnings from discontinued operations	883.5	41.2
Earnings from continuing operations	3,357.9	12,573.6
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities of continuing operations:
Share-based compensation expense	100.7	163.2
Depreciation and amortization	1,082.4	1,162.5
Impairment, restructuring and other operating items, net	67.7	51.2
Amortization of deferred financing costs and non-cash interest	12.5	19.2
Realized and unrealized gains on derivative instruments, net	(1,122.2)	(508.1)
Foreign currency transaction gains, net	(1,723.7)	(435.2)
Realized and unrealized losses (gains) due to changes in fair values of certain investments, net	205.6	(482.7)
Losses (gains) on debt extinguishment, net	2.8	(90.6)
Share of results of affiliates, net	(311.6)	6.4
Deferred income tax expense	67.8	365.3
Gain on Telenet Tower Sale	(693.3)	0
Gain on U.K. JV Transaction	0	(11,138)
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions	27.4	(154)
Dividends received from the VMO2 JV	152.2	0
Dividends received from the VodafoneZiggo JV	142.4	136.8
Net cash provided by operating activities of continuing operations	1,363	1,850.8
Net cash provided by operating activities of discontinued operations	51.1	94.3
Net cash provided by operating activities	1,414.1	1,945.1
Cash flows from investing activities:
Cash received from the sale of investments	4,965.3	2,979.7
Cash paid for investments	(4,107.4)	(4,055.8)
Cash received in connection with the sale of UPC Poland	1,568.1	0
Cash received in connection with the Telenet Tower Sale	779.9	0
Capital expenditures, net	(634.2)	(842.4)
Cash and restricted cash contributed to the VMO2 JV in connection with the U.K. JV Transaction	0	(3,424)
Net cash received in connection with the U.K. JV Transaction		52
Other investing activities, net	9.6	(116.7)
Net cash provided (used) by investing activities of continuing operations	2,581.3	(5,407.2)
Net cash used by investing activities of discontinued operations	(15.6)	(26.2)
Net cash provided (used) by investing activities	2,565.7	(5,433.4)
Cash flows from financing activities:
Borrowings of debt	0	2,570.7
Operating-related vendor financing additions	231.3	1,474.7
Debt (excluding vendor financing)	(972.4)	(1,720.1)
Principal payments on operating-related vendor financing	(319.1)	(1,143.9)
Principal payments on capital-related vendor financing	(78.5)	(689.6)
Principal payments on finance leases	(31.1)	(39.4)
Repurchases of Liberty Global ordinary shares	(1,042)	(657.3)
Distributions by subsidiaries to noncontrolling interest owners	(61.1)	(70.6)
Net cash received (paid) related to derivative instruments	(50)	22.9
Payment of financing costs and debt premiums	(28.1)	(22.5)
Repurchases by Telenet of its outstanding shares	(25.7)	0
Other financing activities, net	(55.3)	(72.2)
Net cash used by financing activities of continuing operations	(2,432)	(347.3)
Net cash used by financing activities of discontinued operations	(2.6)	(14.9)
Net cash used by financing activities	(2,434.6)	(362.2)
Effect of exchange rate changes on cash and cash equivalents and restricted cash:
Continuing operations	(65.3)	14.5
Discontinued operations	0	0
Total	(65.3)	14.5
Net increase (decrease) in cash and cash equivalents and restricted cash:
Continuing operations	1,447	(3,889.2)
Discontinued operations	32.9	53.2
Total	1,479.9	(3,836)
Cash and cash equivalents and restricted cash:
Beginning of period	917.3	4,717.3
Net increase (decrease)	1,479.9	(3,836)
End of period	2,397.2	881.3
Cash paid for interest:
Continuing operations	261	613
Discontinued operations	0.3	0.9
Total	261.3	613.9
Net cash paid for taxes:
Continuing operations	148	147.3
Discontinued operations	7.4	13.2
Total	$ 155.4	$ 160.5

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2022	Jun. 30, 2021
Details of end of period cash and cash equivalents and restricted cash:
Cash and cash equivalents	$ 2,391.1	$ 874.3
Restricted cash included in other current assets and other assets, net	6.1	7
Total cash and cash equivalents and restricted cash	$ 2,397.2	$ 881.3

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Liberty Global plc ( Liberty Global ) is a public limited company organized under the laws of England and Wales. In these notes, the terms “we,” “our,” “our company” and “us” may refer, as the context requires, to Liberty Global or collectively to Liberty Global and its subsidiaries. We are an international provider of broadband internet, video, fixed-line telephony and mobile communications services to residential customers and businesses in Europe. Our continuing operations comprise businesses that provide residential and business-to-business ( B2B ) communications services in (i) Switzerland and Slovakia through certain wholly-owned subsidiaries that we collectively refer to as “ UPC Holding ”, (ii) Belgium through Telenet Group Holding N.V. ( Telenet ), a 61.1%-owned subsidiary, and (iii) Ireland through another wholly-owned subsidiary ( VM Ireland ). In addition, we own 50% noncontrolling interests in (a) a 50:50 joint venture (the VMO2 JV ) with Telefónica SA ( Telefónica ), which provides residential and B2B communications services in the United Kingdom ( U.K. ), and (b) a 50:50 joint venture (the VodafoneZiggo JV ) with Vodafone Group plc ( Vodafone ), which provides residential and B2B communications services in the Netherlands. Through March 31, 2022, we provided residential and B2B communications services in Poland through UPC Holding. On April 1, 2022, we completed the sale of our operations in Poland. Accordingly, in these condensed consolidated financial statements, our operations in Poland are reflected as discontinued operations for all applicable periods. For additional information, see note 4. Through May 31, 2021, our consolidated operations also included residential and B2B communications services provided to customers in the U.K. through Virgin Media Inc. ( Virgin Media ). On June 1, 2021, we contributed the U.K. JV Entities (as defined in note 4) to the VMO2 JV and began accounting for our 50% interest in the VMO2 JV as an equity method investment. For additional information, see note 4. Our unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States ( GAAP ) and with the instructions to Form 10-Q and Article 10 of Regulation S-X for interim financial information. Accordingly, these financial statements do not include all of the information required by GAAP or Securities and Exchange Commission rules and regulations for complete financial statements. In the opinion of management, these financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the results of operations for the interim periods presented. The results of operations for any interim period are not necessarily indicative of results for the full year. These unaudited condensed consolidated financial statements should be read in conjunction with our 2021 consolidated financial statements and notes thereto included in our 2021 Annual Report on Form 10-K, as amended (our 10-K ). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, allowances for uncollectible accounts, certain components of revenue, programming and copyright costs, deferred income taxes and related valuation allowances, loss contingencies, fair value measurements, impairment assessments, capitalization of internal costs associated with construction and installation activities, lease terms, useful lives of long-lived assets, share-based compensation and actuarial liabilities associated with certain benefit plans. Actual results could differ from those estimates. Unless otherwise indicated, the amounts presented in these notes relate only to our continuing operations, and ownership percentages and convenience translations into United States ( U.S. ) dollars are calculated as of June 30, 2022.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2022
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2021-08 In October 2021, the Financial Accounting Standards Board ( FASB ) issued Accounting Standards Update ( ASU ) No. 2021-08, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ( ASU 2021-08 ), which requires contract assets and contract liabilities acquired in a business combination to be recognized and measured in accordance with Topic 606, Revenue from Contracts with Customers , as if the acquirer had originated the contracts. ASU 2021-08 is effective for annual reporting periods beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The main impact of the adoption of ASU 2021-08 will be the recognition of contract assets and contract liabilities in future business combinations at amounts generally consistent with the carrying value of such assets and liabilities of the acquiree immediately before the acquisition date. ASU 2020-04 In April 2020, the FASB issued ASU No. 2020-04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting ( ASU 2020-04 ), which provides optional expedients and exceptions for contract modifications, subject to meeting certain criteria, that reference the London Interbank Offered Rate ( LIBOR ) or another reference rate expected to be discontinued. In accordance with the optional expedients in ASU 2020-04, we have modified certain of our debt agreements during 2022 to replace LIBOR with another reference rate and applied the practical expedient to account for the modification as a continuation of the existing contract. The use of optional expedients in ASU 2020-04 has not had a significant impact on our consolidated financial statements to date. For additional information regarding our debt, see note 9.

Revenue Recognition and Related

Revenue Recognition and Related Costs	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition and Related Costs	Revenue Recognition and Related Costs Contract Balances The timing of our recognition of revenue may differ from the timing of invoicing our customers. We record a trade receivable when we have transferred goods or services to a customer but have not yet received payment. Our trade receivables are reported net of an allowance for doubtful accounts. Such allowance aggregated $39.0 million and $42.0 million at June 30, 2022 and December 31, 2021, respectively. If we transfer goods or services to a customer but do not have an unconditional right to payment, we record a contract asset. Contract assets typically arise from the uniform recognition of introductory promotional discounts over the contract period and accrued revenue for handset sales. Our contract assets were $27.7 million and $29.7 million as of June 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our contract asset balances are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We record deferred revenue when we receive payment prior to transferring goods or services to a customer. We primarily defer revenue for (i) installation and other upfront services and (ii) other services that are invoiced prior to when services are provided. Our deferred revenue balances were $324.7 million and $286.5 million as of June 30, 2022 and December 31, 2021, respectively. The increase in deferred revenue for the six months ended June 30, 2022 is primarily due to the net effect of (a) the impact of additions during the period and (b) the recognition of $181.5 million of revenue that was included in our deferred revenue balance at December 31, 2021. The long-term portions of our deferred revenue balances are included within other long-term liabilities on our condensed consolidated balance sheets. Contract Costs Our aggregate assets associated with incremental costs to obtain and fulfill our contracts were $65.7 million and $63.4 million at June 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our assets related to contract costs are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We amortized $4.2 million and $8.6 million during the three and six months ended June 30, 2022, respectively, and $24.8 million and $71.8 million during the three and six months ended June 30, 2021, respectively, to operating costs and expenses related to these assets. Unsatisfied Performance Obligations A large portion of our revenue is derived from customers who are not subject to contracts. Revenue from customers who are subject to contracts is generally recognized over the term of such contracts, which is typically 12 months for our residential service contracts, one one

Acquisitions and Dispositions

Acquisitions and Dispositions	6 Months Ended
	Jun. 30, 2022
Acquisitions and Dispositions [Abstract]
Acquisitions and Dispositions	Acquisitions and Dispositions 2022 Dispositions UPC Poland. On April 1, 2022, we completed the sale of 100% of our operations in Poland ( UPC Poland ) to a subsidiary of iliad S.A. After considering debt and working capital adjustments (including cash disposed), we received net cash proceeds of Polish zloty 6,590.4 million ($1,568.1 million at the transaction date). A portion of the net proceeds from the sale, after reflecting the impact of derivative settlements, was used to repurchase certain of UPC Holding’s outstanding indebtedness, with the remainder available for general corporate purposes. For additional information regarding these financing transactions, see note 9. In connection with the sale of UPC Poland, we recognized a gain of $848.9 million, which includes a cumulative foreign currency translation gain of $10.9 million. No income taxes were required to be provided on this gain. We have agreed to provide certain transitional services for a period of up to five years, depending on the service. These services will principally comprise network and information technology-related functions. The annual charges will depend on the actual level of services required by the purchaser. During the three months ended June 30, 2022, we recorded revenue of $8.8 million associated with these transitional services. UPC Poland is presented as a discontinued operation in our condensed consolidated financial statements for all applicable periods. Effective with the signing of the sale and purchase agreement on September 22, 2021, we ceased to depreciate or amortize the associated long-lived assets. Our operations in Poland were held through UPC Holding prior to the disposal date. No debt, interest or derivative instruments of the UPC Holding borrowing group have been allocated to discontinued operations. Prior to being presented as a discontinued operation, the operations of UPC Poland were included in our former “ Central and Eastern Europe ” reportable segment. The carrying amounts of the major classes of assets and liabilities of UPC Poland as of December 31, 2021 are summarized in the following table (in millions): Assets: Current assets $ 23.4 Property and equipment, net 406.8 Goodwill 464.7 Other assets, net 30.1 Total assets $ 925.0 Liabilities: Current portion of debt and finance lease obligations $ 42.7 Other accrued and current liabilities 97.3 Long-term debt and finance lease obligations 5.0 Other long-term liabilities 56.3 Total liabilities $ 201.3 The operating results of UPC Poland for the periods indicated are summarized in the following table. These amounts exclude intercompany revenue and expenses that are eliminated within our condensed consolidated statements of operations. Three months ended June 30, 2021 Six months ended June 30, 2022 (a) 2021 in millions Revenue $ 116.3 $ 109.5 $ 231.7 Operating income $ 28.3 $ 45.0 $ 52.4 Earnings before income taxes $ 29.6 $ 43.9 $ 52.5 Income tax expense (6.0) (9.3) (11.3) Net earnings attributable to Liberty Global shareholders $ 23.6 $ 34.6 $ 41.2 _______________ (a) Includes the operating results of UPC Poland from January 1, 2022 through April 1, 2022, the date UPC Poland was sold. Telenet Tower Sale. On June 1, 2022, Telenet completed the sale of substantially all of their passive infrastructure and tower assets to DigitalBridge Investments LLC ( DigitalBridge ) (the Telenet Tower Sale ). After considering working capital adjustments, we received net cash proceeds of €733.0 million ($779.9 million at the transaction date). Effective with the signing of the sale and purchase agreement on March 25, 2022, we began accounting for the associated assets and liabilities as held for sale and, accordingly, we ceased to depreciate or amortize these long-lived assets. In connection with the completion of the Telenet Tower Sale, we recognized a gain of $693.3 million. No income taxes were required to be provided on this gain. As part of the Telenet Tower Sale, Telenet entered into a master lease agreement to lease back the passive infrastructure and tower assets from DigitalBridge for an initial period of 15 years (the Telenet Tower Lease Agreement ). In connection with the Telenet Tower Lease Agreement, we recorded non-cash additions to our operating lease right-of-use ( ROU ) assets of $615.1 million and a corresponding increase to our operating lease liabilities of the same amount. In addition, as part of the Telenet Tower Lease Agreement, Telenet has also committed to lease back 475 build-to-suit sites over the term of the lease. The total estimated future payments for the build-to-suit sites over the term of the lease are $102.2 million (representing the U.S. dollar equivalents based on June 30, 2022 exchange rates), the majority of which are due after 2027. Telenet will act as an agent over the construction of future towers on the build-to-suit sites. 2021 Disposition U.K. JV Transaction. On June 1, 2021, pursuant to a Contribution Agreement dated May 7, 2020 (the Contribution Agreement ) with, among others, Telefónica, (i) we contributed Virgin Media’s U.K. operations and certain other Liberty Global subsidiaries (together, the U.K. JV Entities ) to the VMO2 JV and (ii) Telefónica contributed its U.K. mobile business to the VMO2 JV, creating a nationwide integrated communications provider (herein referred to as the “ U.K. JV Transaction ”). We account for our 50% interest in the VMO2 JV as an equity method investment, as further described in note 5. In connection with the U.K. JV Transaction, we received net cash of $52.0 million , which includes (i) an equalization payment, (ii) our share of the proceeds associated with related recapitalization financing transactions completed by the VMO2 JV and (iii) $44.5 million of cash paid by Liberty Global to settle certain centrally-held vendor financing obligations associated with the VMO2 JV. In connection with the U.K. JV Transaction, we recognized a pre-tax gain of $11.1 billion, net of the recognition of a cumulative foreign currency translation loss of $1.2 billion. This gain was calculated by deducting the carrying value of the U.K. JV Entities (including the related foreign currency translation loss) from the sum of (i) the fair value assigned to our 50% interest in the VMO2 JV and (ii) the net cash received pursuant to the equalization payment and the recapitalization transactions described above. For information regarding our approach to the valuation of our interest in the VMO2 JV, see note 7. A summary of the fair value of the assets and liabilities of the VMO2 JV at the June 1, 2021 transaction date is presented in the following table. The opening balance sheet presented below reflects the final purchase price allocation (in millions): Current assets $ 4,186.7 Property and equipment, net 12,523.2 Goodwill 29,502.7 Intangible assets subject to amortization, net 13,274.6 Other assets, net 4,116.2 Current portion of debt and finance lease obligations (4,352.5) Other accrued and current liabilities (5,780.8) Long-term debt and finance lease obligations (21,879.2) Other long-term liabilities (2,170.9) Total fair value of the net assets of the VMO2 JV $ 29,420.0 Our condensed consolidated statements of operations for the three and six months ended June 30, 2021 include aggregate earnings from continuing operations before income taxes attributable to the U.K. JV Entities of $168.9 million and $890.5 million, respectively.

Investments

Investments	6 Months Ended
	Jun. 30, 2022
Investments [Abstract]
Investments	Investments The details of our investments are set forth below: Accounting Method June 30, December 31, Ownership (a) in millions % Equity (b): Long-term: VMO2 JV $ 12,477.2 $ 13,774.7 50.0 VodafoneZiggo JV (c) 2,333.9 2,572.4 50.0 Atlas Edge Joint Venture ( Atlas Edge JV ) 143.3 163.7 50.0 All3Media Group ( All3Media ) 142.4 143.7 50.0 Formula E Holdings Ltd ( Formula E ) 104.6 115.9 35.9 Other 217.6 174.8 Total — equity 15,419.0 16,945.2 Fair value: Short-term: Separately-managed accounts ( SMAs ) (d) 1,527.0 2,269.6 Long-term: Televisa Univision, Inc. ( Televisa Univision ) (e) 385.5 385.5 6.3 ITV plc ( ITV ) 316.7 596.3 9.9 SMAs (d) 297.2 531.7 Lacework Inc. ( Lacework ) 269.1 269.1 3.3 Plume Design, Inc. ( Plume ) 188.8 188.8 11.5 EdgeConneX Inc. ( EdgeConneX ) 173.1 138.7 5.1 Pax8 Inc. ( Pax8 ) 99.0 14.7 5.9 Aviatrix Systems, Inc. 78.2 78.2 3.8 CANAL+ Polska S.A. 63.5 70.8 17.0 Lions Gate Entertainment Corp ( Lionsgate ) 59.8 105.9 2.9 Other 365.3 378.1 Total — fair value 3,823.2 5,027.4 Total investments (f) $ 19,242.2 $ 21,972.6 Short-term investments $ 1,527.0 $ 2,269.6 Long-term investments $ 17,715.2 $ 19,703.0 _______________ (a) Our ownership percentages are determined based on our legal ownership as of the most recent balance sheet date or are estimated based on the number of shares we own and the most recent publicly-available information. (b) Our equity method investments are originally recorded at cost and are adjusted to recognize our share of net earnings or losses of the affiliates as they occur rather than as dividends or other distributions are received, with our recognition of losses generally limited to the extent of our investment in, and loans and commitments to, the investee. Accordingly, the carrying values of our equity method investments may not equal the respective fair values. At June 30, 2022 and December 31, 2021, the aggregate carrying amounts of our equity method investments exceeded our proportionate share of the respective investee’s net assets by $1,179.2 million and $1,236.0 million, respectively, which primarily includes amounts associated with the VodafoneZiggo JV Receivables, as defined below, and amounts we are owed under a long-term note receivable from All3Media. (c) Amounts include certain notes receivable due from a subsidiary of the VodafoneZiggo JV to a subsidiary of Liberty Global comprising (i) a euro-denominated note receivable with a principal amount of $733.8 million and $797.1 million, respectively (the VodafoneZiggo JV Receivable I ), and (ii) a euro-denominated note receivable with a principal amount of $217.9 million and $236.7 million, respectively (the VodafoneZiggo JV Receivable II and, together with the VodafoneZiggo JV Receivable I, the VodafoneZiggo JV Receivables ). The VodafoneZiggo JV Receivables bear interest at 5.55% and have a final maturity date of December 31, 2030. During the six months ended June 30, 2022, interest accrued on the VodafoneZiggo JV Receivables was $27.8 million, all of which has been cash settled. (d) Represents investments held under SMAs, which are maintained by investment managers acting as agents on our behalf. We classify, measure and report these investments, the composition of which may change from time to time, based on the underlying nature and characteristics of each security held under the SMAs. As of June 30, 2022, all of our investments held under SMAs were classified as available-for-sale debt securities. At June 30, 2022 and December 31, 2021, interest accrued on our debt securities, which is included in other current assets on our condensed consolidated balance sheets, was $5.0 million and $5.1 million, respectively. (e) At June 30, 2022, the fair value of our investment in Televisa Univision reflects the merger of Univision Holdings Inc. and Grupo Televisa, S.A.B., which was completed during the first quarter of 2022. (f) The purchase and sale of investments are presented on a gross basis in our condensed consolidated statements of cash flows, including amounts associated with SMAs. Equity Method Investments The following table sets forth the details of our share of results of affiliates, net: Three months ended Six months ended 2022 2021 2022 2021 in millions VMO2 JV (a) $ 30.8 $ (0.3) $ 217.9 $ (0.3) VodafoneZiggo JV (b) 83.4 4.7 132.0 9.4 All3Media (12.2) (5.8) (16.9) (14.8) Atlas Edge JV (5.1) — (8.1) — Formula E (9.6) (4.3) (1.7) 4.4 Other, net (6.2) (2.4) (11.6) (5.1) Total $ 81.1 $ (8.1) $ 311.6 $ (6.4) _______________ (a) Represents (i) our 50% share of the results of operations of the VMO2 JV and (ii) 100% of the share-based compensation expense associated with Liberty Global awards held by VMO2 JV employees who were formerly employees of Liberty Global, as these awards remain our responsibility. (b) Represents (i) our 50% share of the results of operations of the VodafoneZiggo JV and (ii) 100% of the interest income earned on the VodafoneZiggo JV Receivables. VMO2 JV On June 1, 2021, we completed the U.K. JV Transaction. Each of Liberty Global and Telefónica (each a “ U.K. JV Shareholder ”) holds 50% of the issued share capital of the VMO2 JV . The U.K. JV Shareholders intend for the VMO2 JV to be funded solely from its net cash flows from operations and third-party financing. We account for our 50% interest in the VMO2 JV as an equity method investment and consider the VMO2 JV to be a related party. For additional information regarding the U.K. JV Transaction, see note 4. Pursuant to an agreement (the U.K. JV Framework Agreement ), Liberty Global provides certain services to the VMO2 JV on a transitional or ongoing basis (collectively, the U.K. JV Services ). The U.K. JV Services provided by Liberty Global consist primarily of (i) technology and other services and (ii) capital-related expenditures for assets that will be used by, or will otherwise benefit, the VMO2 JV. Liberty Global charges both fixed and variable fees to the VMO2 JV for the U.K. JV Services it provides during the term of the U.K. JV Framework Agreement. We recorded revenue related to the U.K. JV Services of $63.9 million and $132.6 million during the three and six months ended June 30, 2022, respectively, and $24.2 million during the month ended June 30, 2021. At June 30, 2022 and December 31, 2021, $27.0 million and $43.3 million, respectively, was due from the VMO2 JV, primarily related to (a) services performed under the U.K. JV Framework Agreement and (b) amounts incurred by Liberty Global for certain equipment and licenses purchased on behalf of the VMO2 JV. Amounts due from the VMO2 JV are periodically cash settled and are included in other current assets on our condensed consolidated balance sheets. In addition, during the six months ended June 30, 2022, we received a dividend distribution from the VMO2 JV of $152.2 million, which was accounted for as a return on capital for purposes of our condensed consolidated statement of cash flows. The summarized results of operations of the VMO2 JV are set forth below: Three months ended Six months ended 2022 2021 (a) 2022 2021 (a) in millions Revenue $ 3,202.6 $ 1,208.5 $ 6,600.6 $ 1,208.5 Earnings (loss) before income taxes $ 89.1 $ (168.5) $ 467.7 $ (168.5) Net earnings (loss) $ 88.4 $ (34.6) $ 406.5 $ (34.6) _______________ (a) Includes the operating results of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. VodafoneZiggo JV Pursuant to an agreement (the NL JV Framework Agreement ), Liberty Global provides certain services to the VodafoneZiggo JV (collectively, the NL JV Services ). The NL JV Services provided by Liberty Global consist primarily of (i) technology and other services and (ii) capital-related expenditures for assets that will be used by, or will otherwise benefit, the VodafoneZiggo JV. Liberty Global charges both fixed and usage-based fees to the VodafoneZiggo JV for the NL JV Services provided during the term of the NL JV Framework Agreement. We recorded revenue from the VodafoneZiggo JV of $57.3 million and $65.1 million during the three months ended June 30, 2022 and 2021, respectively, and $117.3 million and $115.8 million during the six months ended June 30, 2022 and 2021, respectively, primarily related to (a) the NL JV Services and (b) the sale of customer premises equipment at a mark-up. At June 30, 2022 and December 31, 2021, $36.4 million and $62.5 million, respectively, was due from the VodafoneZiggo JV related to the aforementioned transactions. Amounts due from the VodafoneZiggo JV are periodically cash settled and are included in other current assets on our condensed consolidated balance sheets. In addition, during the six months ended June 30, 2022 and 2021, we received dividend distributions from the VodafoneZiggo JV of $142.4 million and $136.8 million, respectively, which were accounted for as returns on capital for purposes of our condensed consolidated statements of cash flows. The summarized results of operations of the VodafoneZiggo JV are set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Revenue $ 1,065.6 $ 1,215.3 $ 2,195.6 $ 2,432.3 Earnings (loss) before income taxes $ 225.7 $ (19.6) $ 352.7 $ (41.0) Net earnings (loss) $ 146.6 $ (15.5) $ 218.9 $ (31.6) Fair Value Investments The following table sets forth the details of our realized and unrealized gains (losses) due to changes in fair value, net: Three months ended Six months ended 2022 2021 2022 2021 in millions ITV $ (112.2) $ 29.7 $ (279.6) $ 109.5 Pax8 — — 79.3 — Lionsgate (43.6) 36.8 (46.1) 57.6 EdgeConneX 29.0 4.7 42.5 17.8 Skillz Inc. ( Skillz ) (7.6) 21.3 (33.7) 21.3 Televisa Univision 21.4 155.4 31.8 155.4 Plume — — — 55.1 Lacework — 48.8 — 48.8 Other, net (a) 1.0 (8.6) 0.2 17.2 Total $ (112.0) $ 288.1 $ (205.6) $ 482.7 _______________ (a) The 2022 amounts include gains of $11.7 million and $12.0 million for the three and six months ended June 30, 2022, respectively, related to investments that were sold during the second quarter. Debt Securities At June 30, 2022 and December 31, 2021, all of our SMAs were composed of debt securities, which are summarized in the following tables: June 30, 2022 Amortized cost basis Accumulated unrealized losses Fair value in millions Government bonds $ 510.7 $ (3.5) $ 507.2 Corporate debt securities 510.5 (7.3) 503.2 Commercial paper 437.9 — 437.9 Certificates of deposit 314.4 (0.4) 314.0 Other debt securities 61.9 — 61.9 Total debt securities $ 1,835.4 $ (11.2) $ 1,824.2 December 31, 2021 Amortized cost basis Accumulated unrealized losses Fair value in millions Commercial paper $ 897.4 $ — $ 897.4 Corporate debt securities 705.5 (1.6) 703.9 Government bonds 655.9 (3.3) 652.6 Certificates of deposit 355.5 (0.1) 355.4 Other debt securities 192.0 — 192.0 Total debt securities $ 2,806.3 $ (5.0) $ 2,801.3 We received proceeds from the sale of debt securities of $2.3 billion and $1.4 billion during the three months ended June 30, 2022 and 2021, respectively, and $4.9 billion and $2.9 billion during the six months ended June 30, 2022 and 2021, respectively, the majority of which were reinvested in new debt securities held under SMAs. The sale of debt securities resulted in realized net losses of $2.7 million and $0.3 million during the three months ended June 30, 2022 and 2021, respectively, and $6.1 million and $1.6 million during the six months ended June 30, 2022 and 2021, respectively. The fair values of our debt securities as of June 30, 2022 by contractual maturity are shown below (in millions): Due in one year or less $ 1,527.0 Due in one to five years 295.4 Due in five to ten years 1.7 Due after ten years 0.1 Total (a) $ 1,824.2 _______________ (a) The weighted average life of our total debt securities was 0.5 years as of June 30, 2022.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2022
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 ( £ ) and the Swiss franc ( CHF ). Generally, we do not apply hedge accounting to our derivative instruments. Accordingly, changes in the fair values of most of our derivative instruments are recorded in realized and unrealized gains or losses on derivative instruments, net, in our condensed consolidated statements of operations. The following table provides details of the fair values of our derivative instrument assets and liabilities: June 30, 2022 December 31, 2021 Current Long-term Total Current Long-term Total in millions Assets (a): Cross-currency and interest rate derivative contracts (b) $ 188.6 $ 984.9 $ 1,173.5 $ 214.9 $ 164.3 $ 379.2 Equity-related derivative instruments (c) — 114.1 114.1 — 113.8 113.8 Foreign currency forward and option contracts 8.1 — 8.1 28.4 — 28.4 Other 0.3 — 0.3 1.0 — 1.0 Total $ 197.0 $ 1,099.0 $ 1,296.0 $ 244.3 $ 278.1 $ 522.4 Liabilities (a): Cross-currency and interest rate derivative contracts (b) $ 199.9 $ 312.8 $ 512.7 $ 208.8 $ 670.2 $ 879.0 Foreign currency forward and option contracts 8.0 — 8.0 13.0 — 13.0 Total $ 207.9 $ 312.8 $ 520.7 $ 221.8 $ 670.2 $ 892.0 _______________ (a) Our current derivative assets, long-term derivative assets and long-term derivative liabilities are included in other current assets, other assets, net, and other long-term liabilities, respectively, on our condensed consolidated balance sheets. For information regarding certain financing transactions that impacted our derivative instruments, see note 4. (b) We consider credit risk relating to our and our counterparties’ nonperformance in the fair value assessment of our derivative instruments. In all cases, the adjustments take into account offsetting liability or asset positions within each of our subsidiary borrowing groups (as defined and described in note 9). The changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net gains of $4.8 million and $38.2 million during the three months ended June 30, 2022 and 2021, respectively, and a net gain (loss) of $9.3 million and ($0.8 million) during the six months ended June 30, 2022 and 2021, respectively. These amounts are included in realized and unrealized gains (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 include warrants on our investment in Plume. The details of our realized and unrealized gains (losses) on derivative instruments, net, are as follows: Three months ended Six months ended 2022 2021 2022 2021 in millions Cross-currency and interest rate derivative contracts $ 619.0 $ (297.5) $ 1,091.3 $ 487.1 Foreign currency forward and option contracts (5.1) (6.8) 31.3 (4.7) Equity-related derivative instruments: ITV Collar — (1.2) — (11.8) Other 0.1 0.2 0.3 35.3 Total equity-related derivative instruments 0.1 (1.0) 0.3 23.5 Other (0.3) 2.2 (0.7) 2.2 Total $ 613.7 $ (303.1) $ 1,122.2 $ 508.1 The net cash received or paid related to our derivative instruments is classified as an operating, investing or financing activity in our condensed consolidated statements of cash flows based on the objective of the derivative instrument and the classification of the applicable underlying cash flows. The following table sets forth the classification of the net cash outflows of our derivative instruments: Six months ended 2022 2021 in millions Operating activities $ (6.7) $ (0.4) Investing activities 40.9 (52.1) Financing activities (50.0) 22.9 Total $ (15.8) $ (29.6) 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. Collateral is generally not posted by either party under our derivative instruments. At June 30, 2022, our exposure to counterparty credit risk included derivative assets with an aggregate fair value of $779.1 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 June 30, 2022, substantially all of our debt was either directly or synthetically matched to the applicable functional currencies of the underlying operations. The following table sets forth the total notional amounts and the related weighted average remaining contractual lives of our cross-currency swap contracts at June 30, 2022: Notional amount Notional amount Weighted average remaining life in millions in years UPC Holding $ 250.0 € 220.6 3.3 $ 4,475.0 CHF 4,098.2 (a) 6.0 € 2,650.0 CHF 2,970.1 3.6 CHF 740.0 € 701.1 0.5 Telenet $ 3,940.0 € 3,489.6 (a) 4.6 € 45.2 $ 50.0 (b) 2.6 _______________ (a) Includes certain derivative instruments that are “forward-starting,” such that the initial exchange occurs at a date subsequent to June 30, 2022. These instruments are typically entered into in order to extend existing hedges without the need to amend existing contracts. (b) Includes certain derivative instruments that do not involve the exchange of notional amounts at the inception and maturity of the instruments. Accordingly, the only cash flows associated with these derivative instruments are coupon-related payments and receipts. Interest Rate Swap Contracts The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our interest rate swap contracts at June 30, 2022: Pays fixed rate Receives fixed rate Notional Weighted average remaining life Notional Weighted average remaining life in millions in years in millions in years UPC Holding $ 5,751.9 (a) 2.8 $ 3,345.0 4.2 Telenet $ 2,892.1 (a) 2.8 $ 1,364.9 1.3 _______________ (a) Includes forward-starting derivative instruments. Interest Rate Swap Options From time to time, we enter into interest rate swap options ( swaptions ) which give us the right, but not the obligation, to enter into certain interest rate swap contracts at set dates in the future. Such contracts typically have a life of no more than three years. At June 30, 2022, the option expiration period on each of our swaptions had expired. Basis Swaps Our basis swaps involve the exchange of attributes used to calculate our floating interest rates, including (i) the benchmark rate, (ii) the underlying currency and/or (iii) the borrowing period. We typically enter into these swaps to optimize our interest rate profile based on our current evaluations of yield curves, our risk management policies and other factors. The following table sets forth the total U.S. dollar equivalents of the notional amounts and related weighted average remaining contractual lives of our basis swap contracts at June 30, 2022: Notional amount due from counterparty Weighted average remaining life in millions in years UPC Holding $ 2,582.0 (a) 0.5 Telenet $ 2,295.0 0.5 _______________ (a) Includes forward-starting derivative instruments. Interest Rate Caps, Floors and Collars From time to time, we enter into interest rate cap, floor and collar agreements. Purchased interest rate caps and collars lock in a maximum interest rate if variable rates rise, but also allow our company to benefit, to a limited extent in the case of collars, from declines in market rates. Purchased interest rate floors protect us from interest rates falling below a certain level, generally to match a floating rate floor on a debt instrument. At June 30, 2022, we had no interest rate collar agreements, and the total U.S. dollar equivalents of the notional amounts of our purchased interest rate caps and floors were $1.2 billion and $7.4 billion, respectively. Impact of Derivative Instruments on Borrowing Costs The impact of the derivative instruments that mitigate our foreign currency and interest rate risk, as described above, on our borrowing costs is as follows: Increase (decrease) to borrowing costs at June 30, 2022 (a) UPC Holding (1.29) % Telenet (0.64) % VM Ireland 0.15 % Total decrease to borrowing costs (0.91) % _______________ (a) Represents the effect of derivative instruments in effect at June 30, 2022 and does not include forward-starting derivative instruments. Foreign Currency Forwards and Options Certain of our subsidiaries enter into foreign currency forward and option contracts with respect to non-functional currency exposure, including hedges of the proceeds from the sale of UPC Poland. As of June 30, 2022, the total U.S. dollar equivalent of the notional amounts of our foreign currency forward and option contracts was $559.6 million.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We use the fair value method to account for (i) certain of our investments and (ii) our derivative instruments. The reported fair values of these investments and derivative instruments as of June 30, 2022 are unlikely to represent the value that will be paid or received upon the ultimate settlement or disposition of these assets and liabilities. GAAP provides for a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. We record transfers of assets or liabilities into or out of Levels 1, 2 or 3 at the beginning of the quarter during which the transfer occurred. We use a Monte Carlo based approach to incorporate a credit risk valuation adjustment in our fair value measurements to estimate the impact of both our own nonperformance risk and the nonperformance risk of our counterparties. Our credit risk valuation adjustments with respect to our cross-currency and interest rate swaps are quantified and further explained in note 6. Fair value measurements are also used in connection with nonrecurring valuations performed in connection with acquisition accounting, impairment assessments and the accounting for our initial investment in the VMO2 JV. These nonrecurring valuations include the valuation of reporting units, customer relationships and other intangible assets, property and equipment, the implied value of goodwill and the valuation of our initial investment in the VMO2 JV. The valuation of reporting units and our initial investment in the VMO2 JV are based at least in part on discounted cash flow analyses. With the exception of certain inputs for our weighted average cost of capital and discount rate calculations that are derived from pricing services, the inputs used in our discounted cash flow analyses, such as forecasts of future cash flows, including inputs with respect to revenue growth and Adjusted EBITDA margin (as defined in note 16), and terminal growth rates, are based on our assumptions. The valuation of customer relationships is primarily based on an excess earnings methodology, which is a form of a discounted cash flow analysis. The excess earnings methodology requires us to estimate the specific cash flows expected from the customer relationship, considering such factors as estimated customer life, the revenue expected to be generated over the life of the customer relationship, contributory asset charges and other factors. Tangible assets are typically valued using a replacement or reproduction cost approach, considering factors such as current prices of the same or similar equipment, the age of the equipment and economic obsolescence. The implied value of goodwill is determined by allocating the fair value of a reporting unit to all of the assets and liabilities of that unit as if the reporting unit had been acquired in a business combination, with the residual amount allocated to goodwill. Most of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level 3 of the fair value hierarchy. During the six months ended June 30, 2022, we did not perform any significant nonrecurring fair value measurements. During the six months ended June 30, 2021, we performed a nonrecurring valuation for the purpose of determining the fair value of our initial investment in the VMO2 JV. The weighted average cost of capital used to value our initial investment was 6.9%. For information regarding our investment in the VMO2 JV, see note 5. For additional information concerning our fair value measurements, see note 9 to the consolidated financial statements included in our 10-K. A summary of our assets and liabilities that are measured at fair value on a recurring basis is as follows: Fair value measurements at June 30, 2022 using: Description June 30, Quoted prices Significant Significant in millions Assets: Derivative instruments: Cross-currency and interest rate derivative contracts $ 1,173.5 $ — $ 1,173.5 $ — Equity-related derivative instruments 114.1 — — 114.1 Foreign currency forward and option contracts 8.1 — 8.1 — Other 0.3 — 0.3 — Total derivative instruments 1,296.0 — 1,181.9 114.1 Investments: SMAs 1,824.2 502.5 1,321.7 — Other investments 1,999.0 383.3 63.5 1,552.2 Total investments 3,823.2 885.8 1,385.2 1,552.2 Total assets $ 5,119.2 $ 885.8 $ 2,567.1 $ 1,666.3 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 512.7 $ — $ 512.7 $ — Foreign currency forward and option contracts 8.0 — 8.0 — Total liabilities $ 520.7 $ — $ 520.7 $ — Fair value measurements at December 31, 2021 using: Description December 31, 2021 Quoted prices Significant Significant in millions Assets: Derivative instruments: Cross-currency and interest rate derivative contracts $ 379.2 $ — $ 379.2 $ — Equity-related derivative instruments 113.8 — — 113.8 Foreign currency forward and option contracts 28.4 — 9.0 19.4 Other 1.0 — 1.0 — Total derivative instruments 522.4 — 389.2 133.2 Investments: SMAs 2,801.3 672.1 2,124.2 5.0 Other investments 2,226.1 747.9 70.8 1,407.4 Total investments 5,027.4 1,420.0 2,195.0 1,412.4 Total assets $ 5,549.8 $ 1,420.0 $ 2,584.2 $ 1,545.6 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 879.0 $ — $ 846.3 $ 32.7 Foreign currency forward and option contracts 13.0 — 13.0 — Total liabilities $ 892.0 $ — $ 859.3 $ 32.7 A reconciliation of the beginning and ending balances of our assets and liabilities measured at fair value on a recurring basis using significant unobservable, or Level 3, inputs is as follows: Investments Cross-currency, interest rate and foreign currency derivative contracts Equity-related Total in millions Balance of net assets at January 1, 2022 $ 1,412.4 $ (13.3) $ 113.8 $ 1,512.9 Gains included in earnings from continuing operations (a): Realized and unrealized gains on derivative instruments, net — — 0.3 0.3 Realized and unrealized gains due to changes in fair values of certain investments, net 162.1 — — 162.1 Additions 62.2 — — 62.2 Dispositions (30.2) — — (30.2) Transfers out of Level 3 — 13.3 — 13.3 Foreign currency translation adjustments and other, net (54.3) — — (54.3) Balance of net assets at June 30, 2022 $ 1,552.2 $ — $ 114.1 $ 1,666.3 _______________ (a) Amounts primarily relate to assets and liabilities that we continue to carry on our condensed consolidated balance sheet as of June 30, 2022.

Long-lived Assets

Long-lived Assets	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [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: June 30, December 31, in millions Distribution systems $ 8,945.0 $ 9,472.8 Support equipment, buildings and land 3,768.0 4,310.5 Customer premises equipment 1,293.8 1,279.2 Total property and equipment, gross 14,006.8 15,062.5 Accumulated depreciation (7,681.8) (8,081.0) Total property and equipment, net $ 6,325.0 $ 6,981.5 During the six months ended June 30, 2022 and 2021, we recorded non-cash increases to our property and equipment related to vendor financing arrangements of $102.2 million and $546.9 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively, which exclude related value-added taxes ( VAT ) of $9.8 million and $74.0 million, respectively, that were also financed under these arrangements. Goodwill Changes in the carrying amount of our goodwill during the six months ended June 30, 2022 are set forth below: January 1, 2022 Foreign June 30, in millions Switzerland $ 6,590.5 $ (293.0) $ 6,297.5 Belgium 2,591.8 (205.8) 2,386.0 Ireland 275.9 (21.8) 254.1 Central and Other 65.2 (5.3) 59.9 Total $ 9,523.4 $ (525.9) $ 8,997.5 If, among other factors, (i) our equity values were to decline or (ii) the adverse impacts of economic, competitive, regulatory or other factors were to cause our results of operations or cash flows to be worse than anticipated, we could conclude in future periods that impairment charges are required in order to reduce the carrying values of our goodwill and, to a lesser extent, other long-lived assets. Any such impairment charges could be significant. Intangible Assets Subject to Amortization, Net The details of our intangible assets subject to amortization are set forth below: June 30, 2022 December 31, 2021 Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount in millions Customer relationships $ 2,206.9 $ (730.2) $ 1,476.7 $ 2,336.2 $ (602.2) $ 1,734.0 Other 970.0 (429.2) 540.8 1,034.3 (425.8) 608.5 Total $ 3,176.9 $ (1,159.4) $ 2,017.5 $ 3,370.5 $ (1,028.0) $ 2,342.5

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt and Lease Obligation [Abstract]
Debt	Debt The U.S. dollar equivalents of the components of our debt are as follows: June 30, 2022 Principal amount Weighted Unused borrowing Borrowing currency U.S. $ June 30, December 31, in millions UPC Holding Bank Facility (c) 4.09 % € 713.6 $ 748.0 $ 3,562.8 $ 4,062.5 UPC SPE Notes 4.58 % — — 1,643.0 1,933.2 UPC Holding Senior Notes 4.79 % — — 806.5 1,211.6 Telenet Credit Facility (d) 3.36 % € 555.0 581.8 3,458.6 3,558.9 Telenet Senior Secured Notes 4.78 % — — 1,566.1 1,614.9 VM Ireland Credit Facility (e) 3.76 % € 100.0 104.8 943.4 1,024.9 Vendor financing (f) 1.84 % — — 731.6 843.2 Other 7.01 % — — 140.5 149.6 Total debt before deferred financing costs, discounts and premiums (g) 3.96 % $ 1,434.6 $ 12,852.5 $ 14,398.8 The following table provides a reconciliation of total debt before deferred financing costs, discounts and premiums to total debt and finance lease obligations: June 30, December 31, in millions Total debt before deferred financing costs, discounts and premiums $ 12,852.5 $ 14,398.8 Deferred financing costs, discounts and premiums, net (44.9) (57.7) Total carrying amount of debt 12,807.6 14,341.1 Finance lease obligations (note 10) 440.8 484.0 Total debt and finance lease obligations 13,248.4 14,825.1 Current maturities of debt and finance lease obligations (764.8) (850.3) Long-term debt and finance lease obligations $ 12,483.6 $ 13,974.8 _______________ (a) Represents the weighted average interest rate in effect at June 30, 2022 for all borrowings outstanding pursuant to each debt instrument, including any applicable margin. The interest rates presented represent stated rates and do not include the impact of derivative instruments, deferred financing costs, original issue premiums or discounts and commitment fees, all of which affect our overall cost of borrowing. Including the effects of derivative instruments, original issue premiums or discounts and commitment fees, but excluding the impact of deferred financing costs and certain other obligations that we assumed in connection with certain acquisitions, the weighted average interest rate on our aggregate variable- and fixed-rate indebtedness was 3.17% at June 30, 2022. For information regarding our derivative instruments, see note 6. (b) Unused borrowing capacity represents the maximum availability under the applicable facility at June 30, 2022 without regard to covenant compliance calculations or other conditions precedent to borrowing. The following table provides our borrowing availability and amounts available to loan or distribute under each of the respective subsidiary facilities, based on the most restrictive applicable leverage covenants and leverage-based restricted payment tests, (i) at June 30, 2022 and (ii) upon completion of the relevant June 30, 2022 compliance reporting requirements. These amounts do not consider any actual or potential changes to our borrowing levels or any amounts loaned or distributed subsequent to June 30, 2022, or the impact of additional amounts that may be available to borrow, loan or distribute under certain defined baskets within each respective facility. Availability June 30, 2022 Upon completion of the relevant June 30, 2022 compliance reporting requirements Borrowing currency U.S. $ Borrowing currency U.S. $ in millions Available to borrow: UPC Holding Bank Facility € 713.6 $ 748.0 € 713.6 $ 748.0 Telenet Credit Facility € 555.0 $ 581.8 € 555.0 $ 581.8 VM Ireland Credit Facility € 100.0 $ 104.8 € 100.0 $ 104.8 Available to loan or distribute: UPC Holding Bank Facility € 242.4 $ 254.1 € 207.8 $ 217.8 Telenet Credit Facility € 555.0 $ 581.8 € 555.0 $ 581.8 VM Ireland Credit Facility € 82.3 $ 86.3 € 98.2 $ 102.9 (c) Unused borrowing capacity under the UPC Holding Bank Facility relates to an equivalent €713.6 million ($748.0 million) under the UPC Revolving Facility, part of which has been made available as an ancillary facility. With the exception of €22.8 million ($23.9 million) of borrowings under the ancillary facility, the UPC Revolving Facility was undrawn at June 30, 2022. (d) Unused borrowing capacity under the Telenet Credit Facility comprises (i) €510.0 million ($534.6 million) under the Telenet Revolving Facility I, (ii) €25.0 million ($26.2 million) under the Telenet Overdraft Facility and (iii) €20.0 million ($21.0 million) under the Telenet Revolving Facility, each of which were undrawn at June 30, 2022. (e) Unused borrowing capacity under the VM Ireland Credit Facility relates to €100.0 million ($104.8 million) under the VM Ireland Revolving Facility, which was undrawn at June 30, 2022. (f) Represents amounts owed to various creditors pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our property and equipment additions and operating expenses. These arrangements extend our repayment terms beyond a vendor’s original due dates (e.g., extension beyond a vendor’s customary payment terms, which are generally 90 days or less) and as such are classified outside of accounts payable as debt on our condensed consolidated balance sheets. These obligations are generally due within one year and include VAT that was also financed under these arrangements. For purposes of our condensed consolidated statements of cash flows, operating-related expenses financed by an intermediary are treated as constructive operating cash outflows and constructive financing cash inflows when the intermediary settles the liability with the vendor as there is no actual cash outflow until we pay the financing intermediary. During the six months ended June 30, 2022 and 2021, the constructive cash outflow included in cash flows from operating activities and the corresponding constructive cash inflow included in cash flows from financing activities related to these operating expenses was $231.3 million and $1,474.7 million, respectively. Repayments of vendor financing obligations at the time we pay the financing intermediary are included in repayments and repurchases of debt and finance lease obligations in our condensed consolidated statements of cash flows. (g) As of June 30, 2022 and December 31, 2021, our debt had an estimated fair value of $11.6 billion and $14.5 billion, respectively. The estimated fair values of our debt instruments are generally determined using the average of applicable bid and ask prices (mostly Level 1 of the fair value hierarchy). For additional information regarding fair value hierarchies, see note 7. Financing Transactions - General Information At June 30, 2022, most of our outstanding debt had been incurred by one of our three subsidiary “borrowing groups.” References to these borrowing groups, which comprise UPC Holding, Telenet and VM Ireland, include their respective restricted parent and subsidiary entities. Below we provide summary descriptions of certain financing transactions completed during the first six months of 2022. A portion of our financing transactions may include non-cash borrowings and repayments. During the six months ended June 30, 2022 and 2021, non-cash borrowings and repayments aggregated nil and $2.9 billion, respectively. Unless otherwise noted, the terms and conditions of any new notes and/or credit facilities are largely consistent with those of existing notes and credit facilities of the corresponding borrowing group with regard to covenants, events of default and change of control provisions, among other items. For information regarding the general terms and conditions of our debt and capitalized terms not defined herein, see note 11 to the consolidated financial statements included in our 10-K. UPC Holding Financing Transactions In April 2022, a portion of the net proceeds from the sale of UPC Poland was used to (i) purchase and extinguish €216.5 million ($226.9 million) of the €600.0 million ($628.9 million) outstanding principal amount under UPC Facility AQ, together with accrued and unpaid interest, from the related UPCB SPE and, simultaneously, an equal amount of UPCB Finance VII Euro Notes were purchased and cancelled, (ii) purchase and cancel €205.1 million ($215.0 million) of the €594.3 million ($623.0 million) outstanding principal amount of UPC Holding 3.875% Senior Notes, (iii) purchase and cancel $82.7 million of the $535.0 million outstanding principal amount of UPC Holding 5.50% Senior Notes, (iv) purchase and extinguish $208.0 million of the $1,925.0 million outstanding principal amount under UPC Facility AX, (v) purchase and extinguish €169.5 million ($177.7 million) of the €862.5 million ($904.1 million) outstanding principal amount under UPC Facility AY and (vi) settle associated derivatives. In connection with these transactions, UPC Holding recognized an aggregate loss on debt extinguishment of $2.0 million related to (a) the net gain associated with settlement discounts of $4.7 million, (b) the write-off of $5.2 million of unamortized deferred financing costs and discounts and (c) the payment of $1.5 million of third-party costs. In May 2022, an additional (i) €51.3 million ($53.8 million) of UPC Holding 3.875% Senior Notes were purchased and cancelled and (ii) €8.6 million ($9.0 million) under UPC Facility AQ, together with accrued and unpaid interest, was purchased and extinguished and, simultaneously, an equal amount of UPCB Finance VII Euro Notes were purchased and cancelled. In connection with these transactions, UPC Holding recognized an aggregate gain on debt extinguishment of $4.8 million related to (a) the net gain associated with settlement discounts of $5.1 million and (b) the write-off of $0.3 million of unamortized deferred financing costs. Maturities of Debt Maturities of our debt as of June 30, 2022 are presented below for the named entity and its subsidiaries, unless otherwise noted, and represent U.S. dollar equivalents based on June 30, 2022 exchange rates. UPC Holding (a) Telenet VM Ireland Other Total in millions Year ending December 31: 2022 (remainder of year) $ 199.9 $ 197.9 $ — $ 30.5 $ 428.3 2023 89.6 161.1 — 47.8 298.5 2024 — 10.5 — 15.0 25.5 2025 — 10.6 — 1.1 11.7 2026 — 10.7 — — 10.7 2027 — 10.9 — — 10.9 Thereafter 6,012.3 5,111.2 943.4 — 12,066.9 Total debt maturities (b) 6,301.8 5,512.9 943.4 94.4 12,852.5 Deferred financing costs, discounts and premiums, net (27.8) (10.9) (6.2) — (44.9) Total debt $ 6,274.0 $ 5,502.0 $ 937.2 $ 94.4 $ 12,807.6 Current portion $ 289.5 $ 358.6 $ — $ 55.6 $ 703.7 Long-term portion $ 5,984.5 $ 5,143.4 $ 937.2 $ 38.8 $ 12,103.9 _______________ (a) Amounts include certain senior secured notes issued by special purpose financing entities that are consolidated by UPC Holding and Liberty Global. (b) Amounts include vendor financing obligations of $731.6 million, as set forth below: Telenet UPC Other Total in millions Year ending December 31: 2022 (remainder of year) $ 197.2 $ 199.9 $ 30.5 $ 427.6 2023 150.5 89.6 47.8 287.9 2024 — — 15.0 15.0 2025 — — 1.1 1.1 Total vendor financing maturities $ 347.7 $ 289.5 $ 94.4 $ 731.6 Current portion $ 347.7 $ 289.5 $ 55.6 $ 692.8 Long-term portion $ — $ — $ 38.8 $ 38.8 Vendor Financing Obligations A reconciliation of the beginning and ending balances of our vendor financing obligations for the indicated periods is set forth below: 2022 2021 in millions Balance at January 1 $ 843.2 $ 1,099.6 Vendor financing obligations of the U.K. JV Entities at January 1 — 2,805.8 Balance at January 1, including amounts classified as held for sale 843.2 3,905.4 Operating-related vendor financing additions 231.3 1,474.7 Capital-related vendor financing additions 102.2 546.9 Principal payments on operating-related vendor financing (319.1) (1,143.9) Principal payments on capital-related vendor financing (78.5) (689.6) Foreign currency, acquisitions and other (47.5) (3,126.1) Balance at June 30 $ 731.6 $ 967.4

Leases

Leases	6 Months Ended
	Jun. 30, 2022
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. Lease Balances A summary of our ROU assets and lease liabilities is set forth below: June 30, December 31, 2021 in millions ROU assets: Finance leases (a) $ 377.7 $ 426.0 Operating leases (b) 1,733.3 1,327.8 Total ROU assets $ 2,111.0 $ 1,753.8 Lease liabilities: Finance leases (c) $ 440.8 $ 484.0 Operating leases (d) 1,775.6 1,364.8 Total lease liabilities $ 2,216.4 $ 1,848.8 _______________ (a) Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheets. At June 30, 2022, the weighted average remaining lease term for finance leases was 22.0 years and the weighted average discount rate was 6.0%. During the six months ended June 30, 2022 and 2021, we recorded non-cash additions to our finance lease ROU assets of $18.0 million and $19.5 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively. (b) Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheets. At June 30, 2022, the weighted average remaining lease term for operating leases was 13.5 years and the weighted average discount rate was 5.7%. During the six months ended June 30, 2022 and 2021, we recorded non-cash additions to our operating lease ROU assets of $664.1 million and $59.6 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively. For additional information regarding the non-cash additions to our operating lease ROU assets during the six months ended June 30, 2022 related to the Telenet Tower Lease Agreement, see note 4. (c) The current and long-term portions of our finance lease liabilities are included within current portion of debt and finance lease obligations and long-term debt and finance lease obligations, respectively, on our condensed consolidated balance sheets. (d) The current portions of our operating lease liabilities are included within other accrued and current liabilities on our condensed consolidated balance sheets. For additional information regarding the increase in our operating lease liabilities during the six months ended June 30, 2022 related to the Telenet Tower Lease Agreement, see note 4. A summary of our aggregate lease expense is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Finance lease expense: Depreciation and amortization $ 18.3 $ 18.9 $ 34.8 $ 38.6 Interest expense 7.4 8.2 13.9 16.7 Total finance lease expense 25.7 27.1 48.7 55.3 Operating lease expense (a) 61.0 62.8 112.7 126.2 Short-term lease expense (a) 1.0 1.1 2.1 2.9 Variable lease expense (b) 0.4 0.4 1.5 1.2 Total lease expense $ 88.1 $ 91.4 $ 165.0 $ 185.6 _______________ (a) Our operating lease expense and short-term lease expense are included in programming and other direct costs of services, other operating expenses, SG&A expenses and impairment, restructuring and other operating items, net, in our condensed consolidated statements of operations. (b) Variable lease expense represents payments made to a lessor during the lease term that vary because of a change in circumstance that occurred after the lease commencement date. Variable lease payments are expensed as incurred and are included in other operating expenses in our condensed consolidated statements of operations. A summary of our cash outflows from operating and finance leases is set forth below: Six months ended 2022 2021 in millions Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows from operating leases $ 120.2 $ 132.2 Operating cash outflows from finance leases (interest component) 13.9 16.7 Financing cash outflows from finance leases (principal component) 31.1 39.4 Total cash outflows from operating and finance leases $ 165.2 $ 188.3 Maturities of our operating and finance lease liabilities as of June 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on June 30, 2022 exchange rates: Operating leases Finance in millions Year ending December 31: 2022 (remainder of year) $ 113.6 $ 45.6 2023 220.7 96.6 2024 206.3 61.8 2025 196.2 58.1 2026 187.3 53.1 2027 181.1 48.0 Thereafter 1,219.2 203.2 Total payments 2,324.4 566.4 Less: present value discount (548.8) (125.6) Present value of lease payments $ 1,775.6 $ 440.8 Current portion $ 131.2 $ 61.1 Long-term portion $ 1,644.4 $ 379.7
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. Lease Balances A summary of our ROU assets and lease liabilities is set forth below: June 30, December 31, 2021 in millions ROU assets: Finance leases (a) $ 377.7 $ 426.0 Operating leases (b) 1,733.3 1,327.8 Total ROU assets $ 2,111.0 $ 1,753.8 Lease liabilities: Finance leases (c) $ 440.8 $ 484.0 Operating leases (d) 1,775.6 1,364.8 Total lease liabilities $ 2,216.4 $ 1,848.8 _______________ (a) Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheets. At June 30, 2022, the weighted average remaining lease term for finance leases was 22.0 years and the weighted average discount rate was 6.0%. During the six months ended June 30, 2022 and 2021, we recorded non-cash additions to our finance lease ROU assets of $18.0 million and $19.5 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively. (b) Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheets. At June 30, 2022, the weighted average remaining lease term for operating leases was 13.5 years and the weighted average discount rate was 5.7%. During the six months ended June 30, 2022 and 2021, we recorded non-cash additions to our operating lease ROU assets of $664.1 million and $59.6 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively. For additional information regarding the non-cash additions to our operating lease ROU assets during the six months ended June 30, 2022 related to the Telenet Tower Lease Agreement, see note 4. (c) The current and long-term portions of our finance lease liabilities are included within current portion of debt and finance lease obligations and long-term debt and finance lease obligations, respectively, on our condensed consolidated balance sheets. (d) The current portions of our operating lease liabilities are included within other accrued and current liabilities on our condensed consolidated balance sheets. For additional information regarding the increase in our operating lease liabilities during the six months ended June 30, 2022 related to the Telenet Tower Lease Agreement, see note 4. A summary of our aggregate lease expense is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Finance lease expense: Depreciation and amortization $ 18.3 $ 18.9 $ 34.8 $ 38.6 Interest expense 7.4 8.2 13.9 16.7 Total finance lease expense 25.7 27.1 48.7 55.3 Operating lease expense (a) 61.0 62.8 112.7 126.2 Short-term lease expense (a) 1.0 1.1 2.1 2.9 Variable lease expense (b) 0.4 0.4 1.5 1.2 Total lease expense $ 88.1 $ 91.4 $ 165.0 $ 185.6 _______________ (a) Our operating lease expense and short-term lease expense are included in programming and other direct costs of services, other operating expenses, SG&A expenses and impairment, restructuring and other operating items, net, in our condensed consolidated statements of operations. (b) Variable lease expense represents payments made to a lessor during the lease term that vary because of a change in circumstance that occurred after the lease commencement date. Variable lease payments are expensed as incurred and are included in other operating expenses in our condensed consolidated statements of operations. A summary of our cash outflows from operating and finance leases is set forth below: Six months ended 2022 2021 in millions Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows from operating leases $ 120.2 $ 132.2 Operating cash outflows from finance leases (interest component) 13.9 16.7 Financing cash outflows from finance leases (principal component) 31.1 39.4 Total cash outflows from operating and finance leases $ 165.2 $ 188.3 Maturities of our operating and finance lease liabilities as of June 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on June 30, 2022 exchange rates: Operating leases Finance in millions Year ending December 31: 2022 (remainder of year) $ 113.6 $ 45.6 2023 220.7 96.6 2024 206.3 61.8 2025 196.2 58.1 2026 187.3 53.1 2027 181.1 48.0 Thereafter 1,219.2 203.2 Total payments 2,324.4 566.4 Less: present value discount (548.8) (125.6) Present value of lease payments $ 1,775.6 $ 440.8 Current portion $ 131.2 $ 61.1 Long-term portion $ 1,644.4 $ 379.7

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Accrued Income Taxes [Abstract]
Income Taxes	Income Taxes Income tax expense attributable to our earnings from continuing operations before income taxes differs from the amounts computed using the applicable income tax rate as a result of the following factors: Three months ended Six months ended 2022 2021 2022 2021 in millions Computed “expected” tax expense (a) $ (445.7) $ (2,171.3) $ (665.5) $ (2,473.0) Non-deductible or non-taxable foreign currency exchange results 266.8 (39.1) 395.0 80.8 Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates (b) 198.2 (24.6) 260.4 (24.2) International rate differences (c) (75.5) (17.7) (116.4) (41.6) Non-deductible or non-taxable interest and other items (34.0) (22.8) (66.2) (38.4) Change in valuation allowances 21.7 (123.0) 35.6 (88.5) Tax benefit associated with technology innovation 5.5 5.7 11.3 11.5 Non-taxable gain associated with the U.K. JV Transaction — 2,116.2 — 2,116.2 Other, net (0.6) (0.2) 1.0 15.2 Total income tax expense $ (63.6) $ (276.8) $ (144.8) $ (442.0) _______________ (a) The statutory or “expected” tax rate is the U.K. rate of 19.0%. On June 10, 2021, legislation was enacted in the U.K. to increase the U.K. corporate income rate to 25.0% from April 1, 2023. The impact of this rate change on our deferred tax balances was recorded during the second quarter of 2021. Effective January 1, 2022, the enacted corporate income tax rate in the Netherlands increased from 25.0% to 25.8%. This change did not have a material impact on our consolidated financial statements. (b) Amounts reflect the net impact of differences in the treatment of income and loss items between financial reporting and tax accounting related to investments in subsidiaries and affiliates, including the effects of foreign earnings. (c) Amounts reflect adjustments (either a benefit or expense) to the “expected” tax benefit (expense) for statutory rates in jurisdictions in which we operate outside of the U.K. As of June 30, 2022, our unrecognized tax benefits were $434.1 million, of which $410.9 million would have a favorable impact on our effective income tax rate if ultimately recognized, after considering amounts that we would expect to be offset by valuation allowances and other factors. During the next 12 months, we do not expect any material reductions to our unrecognized tax benefits related to tax positions taken as of June 30, 2022. No assurance can be given as to the nature or impact of any changes in our unrecognized tax positions during the next 12 months.

Equity

Equity	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Equity	Equity Share Repurchases. During the six months ended June 30, 2022, we repurchased (i) 874,200 shares of our Class A ordinary shares at an average price per share of $21.73 and (ii) 41,057,400 shares of our Class C ordinary shares at an average price per share of $25.40, for an aggregate purchase price of $1,062.0 million, including direct acquisition costs. As of June 30, 2022, the remaining number of our Class A and/or Class C ordinary shares that we are authorized to repurchase during 2022 was 10.8 million. Based on the average of the respective closing share prices as of June 30, 2022, this would equate to additional share repurchases during the remainder of 2022 of approximately $233.4 million. However, the actual U.S. dollar amount of our share repurchases during the remainder of 2022 will be determined by the actual transaction date share prices during the year and could differ significantly from this amount. In July 2022, our board of directors authorized an additional $400.0 million for 2022 share repurchases. In addition, we are authorized to repurchase 10% of our shares during 2023 based on the total number of our outstanding shares as of December 31, 2022.

Share-based Compensation

Share-based Compensation	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [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 Six months ended 2022 2021 2022 2021 in millions Liberty Global: Non-performance based incentive awards (a) $ 32.1 $ 59.4 $ 65.1 $ 84.8 Performance-based incentive awards (b) — 14.4 7.1 38.4 Other (c) 3.6 7.6 12.6 15.0 Total Liberty Global 35.7 81.4 84.8 138.2 Other 13.6 18.4 15.9 25.0 Total $ 49.3 $ 99.8 $ 100.7 $ 163.2 Included in: Other operating expense $ 2.1 $ 7.6 $ 2.4 $ 8.8 SG&A expense 47.2 92.2 98.3 154.4 Total $ 49.3 $ 99.8 $ 100.7 $ 163.2 _______________ (a) In April 2021, with respect to 2014 and 2015 grants, the compensation committee of our board of directors approved the extension of the expiration dates of outstanding share appreciation rights ( SARs ) and director options from a seven-year term to a ten-year term. Accordingly, the Black-Scholes fair values of the respective outstanding awards increased, resulting in the recognition of aggregate incremental share-based compensation expense of $22.7 million during the second quarter of 2021. (b) Includes share-based compensation expense related to (i) our 2019 Challenge Performance Awards and (ii) in the 2021 periods, performance-based restricted share units ( PSUs ) and our 2019 CEO Performance Award. (c) Represents annual incentive compensation and defined contribution plan liabilities that have been or are expected to be settled with Liberty Global ordinary shares. In the case of the annual incentive compensation, shares have been or will be issued to senior management and key employees pursuant to a shareholding incentive program. The shareholding incentive program allows these employees to elect to receive up to 100% of their annual incentive compensation in ordinary shares of Liberty Global in lieu of cash. In addition, amounts include compensation expense related to the Ventures Incentive Plans (as defined and described below). The following table provides the aggregate number of options, SARs and performance-based share appreciation rights ( PSARs ) with respect to awards issued by Liberty Global that were (i) outstanding and (ii) exercisable as of June 30, 2022: Class A Class C Gross number of shares underlying option, SAR and PSAR awards (a) Weighted average exercise or base price Gross number of shares underlying option, SAR and PSAR awards (a) Weighted average exercise or base price Held by Liberty Global employees: Outstanding 25,600,244 $ 26.91 59,728,970 $ 26.06 Exercisable 17,948,634 $ 28.16 38,614,693 $ 27.07 Held by former Liberty Global employees (b): Outstanding 1,710,047 $ 31.22 4,379,677 $ 29.02 Exercisable 1,612,855 $ 31.78 4,185,327 $ 29.38 _______________ (a) Amounts represent the gross number of shares associated with option, SAR and PSAR awards issued to our current and former employees and our directors. Our company settles SARs and PSARs on a net basis when exercised by the award holder, whereby the number of shares issued represents the excess value of the award based on the market price of the respective Liberty Global shares at the time of exercise relative to the award’s exercise price. In addition, the number of shares issued is further reduced by the amount of the employee’s required income tax withholding. (b) Amounts represent certain share-based awards that continue to be held by former employees of Liberty Global subsequent to certain split-off or disposal transactions. Although future exercises of these awards by former employees will not result in the recognition of share-based compensation expense, such exercises will increase the number of our outstanding ordinary shares. The following table provides the aggregate number of restricted share units ( RSUs ) that were outstanding as of June 30, 2022. The number of shares to be issued on the vesting date of these awards will be reduced by the amount of the employee’s required income tax withholding. Class A Class B Class C Held by Liberty Global employees 2,092,020 7,890 4,183,450 Held by Former Liberty Global employees (a) 37,557 — 76,321 _______________ (a) Amounts represent certain share-based awards that continue to be held by former employees of Liberty Global subsequent to certain split-off or disposal transactions. Although we do not recognize share-based compensation expense with respect to these awards, the future vesting of these RSUs will increase the number of our outstanding ordinary shares. 2022 Ventures Incentive Plan In April 2022, the compensation committee of our board of directors approved the “ 2022 Ventures Incentive Plan ”. Structured similarly to the 2021 Ventures Incentive Plan, the 2022 Ventures Incentive Plan was provided to executive officers and other key employees and is based on the performance of the Liberty Global Ventures Portfolio (the “ Portfolio ”), which is measured by assessing the fair value of the Portfolio over a three-year period beginning December 31, 2021 and ending on December 31, 2024. Payout will be denominated in cash and will be assessed at the end of the three-year period using eligible participants’ initial contribution between 10% and 50% of their 2022 annual target equity value (which contributed amount is in lieu of their normal annual equity grant). The compensation committee has the discretion to settle the final payout amount in (i) cash or (ii) Liberty Global Class A and Class C ordinary shares based on the change in the Portfolio’s value. Subject to forfeitures, 100% of each participant’s payout under the 2022 Ventures Incentive Plan will vest on or around March 15, 2025. In order to receive the payout, participants are required to remain employed through the final vesting date. An initial fair value assessment was performed for the Portfolio as of December 31, 2021 by an independent third-party valuation specialist. The 2022 Ventures Incentive Plan and 2021 Ventures Incentive Plan awards (together the Ventures Incentive Plans ) are liability classified due to the fact that the final payout under these plans will be denominated in cash and may be settled in a variable number of shares. We recognize share-based compensation expense related to the Ventures Incentive Plans as a charge to operations on a straight-line basis, including any changes in expense due to the change in the fair value of the Portfolio on each assessment date, from the date of grant through the respective vesting dates. Our share of payroll taxes incurred in connection with the vesting of the Ventures Incentive Plans is recorded as a component of share-based compensation expense in our condensed consolidated statements of operations. The estimated fair value of the final payouts under our Ventures Incentive Plans are shown below: Vesting date June 30, 2022 in millions 2021 Ventures Incentive Plan March 2024 $ 16.7 2022 Ventures Incentive Plan March 2025 9.7 Total $ 26.4

Earnings per Share

Earnings per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share Basic earnings or loss per share ( EPS ) is computed by dividing net earnings or loss by the weighted average number of shares outstanding for the period. Diluted EPS presents the dilutive effect, if any, on a per share basis of potential shares (e.g., options, SARs, RSUs, PSARs and PSUs) as if they had been exercised, vested or converted at the beginning of the periods presented. The details of our basic and diluted weighted average ordinary shares outstanding are set forth below: Three months ended Six months ended 2022 2021 2022 2021 Weighted average ordinary shares outstanding (basic EPS computation) 501,406,664 557,051,920 510,811,156 566,033,344 Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method) 8,035,941 12,048,780 10,321,885 11,021,844 Weighted average ordinary shares outstanding (diluted EPS computation) 509,442,605 569,100,700 521,133,041 577,055,188 The calculation of diluted EPS excludes (i) for the three months ended June 30, 2022 and 2021, a total of 78.3 million and 57.9 million options, SARs and RSUs, respectively, and for the 2021 period, 13.8 million PSARs and PSUs and (ii) for the six months ended June 30, 2022 and 2021, a total of 60.3 million and 74.0 million options, SARs and RSUs, respectively, and for the 2021 period, 13.8 million PSARs and PSUs because their effect would have been anti-dilutive or, in the case of the PSARs and PSUs, because such awards had not yet met the applicable performance criteria. The details of our net earnings from continuing operations attributable to Liberty Global shareholders is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Earnings from continuing operations $ 2,282.2 $ 11,150.9 $ 3,357.9 $ 12,573.6 Net earnings from continuing operations attributable to noncontrolling interests (344.5) (46.3) (416.5) (101.2) Net earnings from continuing operations attributable to Liberty Global shareholders $ 1,937.7 $ 11,104.6 $ 2,941.4 $ 12,472.4

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments In the normal course of business, we enter into agreements that commit our company to make cash payments in future periods with respect to network and connectivity commitments, purchases of customer premises and other equipment and services, programming contracts and other items. The following table sets forth the U.S. dollar equivalents of such commitments as of June 30, 2022. The commitments included in this table do not reflect any liabilities that are included on our June 30, 2022 condensed consolidated balance sheet. Payments due during: Remainder 2023 2024 2025 2026 2027 Thereafter Total in millions Network and connectivity commitments $ 168.5 $ 215.6 $ 183.1 $ 142.5 $ 96.1 $ 92.5 $ 1,187.2 $ 2,085.5 Purchase commitments 293.1 231.4 52.9 30.0 11.4 0.5 0.5 619.8 Programming commitments 92.9 127.3 113.4 68.1 45.1 17.9 — 464.7 Other commitments 46.4 57.6 32.0 32.5 32.2 26.1 107.7 334.5 Total $ 600.9 $ 631.9 $ 381.4 $ 273.1 $ 184.8 $ 137.0 $ 1,295.4 $ 3,504.5 Network and connectivity commitments include (i) Telenet’s commitments for certain operating costs associated with its leased network, (ii) certain network capacity arrangements in Switzerland and (iii) future payments associated with Telenet’s spectrum licenses. Telenet’s commitments for certain operating costs are subject to adjustment based on changes in the network operating costs incurred by Telenet with respect to its own networks. These potential adjustments are not subject to reasonable estimation and, therefore, are not included in the above table. Purchase commitments include unconditional and legally binding obligations related to (i) the purchase of customer premises, network and other equipment and (ii) certain service-related commitments, including call center, information technology and maintenance services. Programming commitments consist of obligations associated with certain of our programming, studio output and sports rights contracts that are enforceable and legally binding on us as we have agreed to pay minimum fees without regard to (i) the actual number of subscribers to the programming services, (ii) whether we terminate service to a portion of our subscribers or dispose of a portion of our distribution systems or (iii) whether we discontinue our premium sports services. Programming commitments do not include increases in future periods associated with contractual inflation or other price adjustments that are not fixed. Accordingly, the amounts reflected in the above table with respect to these contracts are significantly less than the amounts we expect to pay in these periods under these contracts. Historically, payments to programming vendors have represented a significant portion of our operating costs, and we expect this will continue to be the case in future periods. In this regard, our total programming and copyright costs aggregated $263.1 million and $820.4 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction) during the six months ended June 30, 2022 and 2021, respectively. In addition to the commitments set forth in the table above, we have significant commitments under (i) derivative instruments and (ii) defined benefit plans and similar agreements, pursuant to which we expect to make payments in future periods. For information regarding our derivative instruments, including the net cash paid or received in connection with these instruments during the six months ended June 30, 2022 and 2021, see note 6. We also have commitments pursuant to agreements with, and obligations imposed by, franchise authorities and municipalities, which may include obligations in certain markets to move aerial cable to underground ducts or to upgrade, rebuild or extend portions of our broadband communication systems. Such amounts are not included in the above table because they are not fixed or determinable. Guarantees and Other Credit Enhancements In the ordinary course of business, we may provide (i) indemnifications to our lenders, our vendors and certain other parties and (ii) performance and/or financial guarantees to local municipalities, our customers and vendors. Historically, these arrangements have not resulted in our company making any material payments and we do not believe that they will result in material payments in the future. Legal and Regulatory Proceedings and Other Contingencies Interkabel Acquisition. On November 26, 2007, Telenet and four associations of municipalities in Belgium, which we refer to as the pure intercommunales or the “ PICs ,” announced a non-binding agreement-in-principle to transfer the analog and digital television activities of the PICs, including all existing subscribers, to Telenet. Subsequently, Telenet and the PICs entered into a binding agreement (the 2008 PICs Agreement ), which closed effective October 1, 2008. Beginning in December 2007, Proximus NV/SA ( Proximus ), the incumbent telecommunications operator in Belgium, instituted several proceedings seeking to block implementation of these agreements. Proximus lodged summary proceedings with the President of the Court of First Instance of Antwerp to obtain a provisional injunction preventing the PICs from effecting the agreement-in-principle and initiated a civil procedure on the merits claiming the annulment of the agreement-in-principle. In March 2008, the President of the Court of First Instance of Antwerp ruled in favor of Proximus in the summary proceedings, which ruling was overturned by the Court of Appeal of Antwerp in June 2008. Proximus brought an appeal judgment before the Belgian Supreme Court, which confirmed the appeal judgment in September 2010. On April 6, 2009, the Court of First Instance of Antwerp ruled in favor of the PICs and Telenet in the civil procedure on the merits, dismissing Proximus’ request for the rescission of the agreement-in-principle and the 2008 PICs Agreement. On June 12, 2009, Proximus appealed this judgment to the Court of Appeal of Antwerp. In this appeal, Proximus also sought compensation for damages. While these proceedings were suspended indefinitely, other proceedings were initiated, which resulted in a ruling by the Belgian Council of State in May 2014 annulling (i) the decision of the PICs not to organize a public market consultation and (ii) the decision from the PICs’ board of directors to approve the 2008 PICs Agreement. In December 2015, Proximus resumed the civil proceedings pending with the Court of Appeal of Antwerp seeking to have the 2008 PICs Agreement annulled and claiming damages of €1.4 billion ($1.5 billion). On December 18, 2017, the Court of Appeal of Antwerp rejected Proximus’ claim in its entirety. On June 28, 2019, Proximus brought this appeal judgment before the Belgian Supreme Court. On January 22, 2021, the Belgian Supreme Court partially annulled the judgment of the Court of Appeal of Antwerp. The case was referred to the Court of Appeal of Brussels and is currently pending with this Court which will need to make a new decision on the matter within the boundaries of the annulment by the Belgian Supreme Court. It is likely that it will take the Court of Appeal of Brussels several years to decide on the matter. No assurance can be given as to the outcome of these or other proceedings. However, an unfavorable outcome of existing or future proceedings could potentially lead to the annulment of the 2008 PICs Agreement. We do not expect the ultimate resolution of this matter to have a material impact on our results of operations, cash flows or financial position. No amounts have been accrued by us with respect to this matter as the likelihood of loss is not considered to be probable. Telekom Deutschland Litigation. On December 28, 2012, Unitymedia filed a lawsuit against Telekom Deutschland GmbH ( Telekom Deutschland ) in which Unitymedia asserted that it pays excessive prices for the co-use of Telekom Deutschland’s cable ducts in Unitymedia’s footprint. The Federal Network Agency approved rates for the co-use of certain ducts of Telekom Deutschland in March 2011. Based in part on these approved rates, Unitymedia sought a reduction of the annual lease fees by approximately five-sixths. In addition, Unitymedia sought the return of similarly calculated overpayments from 2009 through the ultimate settlement date, plus accrued interest. In October 2016, the first instance court dismissed this action, and in March 2018, the court of appeal dismissed Unitymedia’s appeal of the first instance court’s decision. Unitymedia has since successfully appealed the case to the Federal Court of Justice, and proceedings continue before the German courts. The resolution of this matter may take several years and no assurance can be given that Unitymedia’s claims will be successful. In connection with our sale of the Vodafone Disposal Group in 2019, we will only share in 50% of any amounts recovered, plus 50% of the net present value of certain cost savings in future periods that are attributable to the favorable resolution of this matter, less 50% of associated legal or other third-party fees paid post-completion of the sale of the Vodafone Disposal Group. Any amount we may recover related to this matter will not be reflected in our consolidated financial statements until such time as the final disposition of this matter has been reached. Belgium Regulatory Developments. In June 2018, the Belgisch Instituut voor Post en Telecommunicatie and the regional regulators for the media sectors (together, the Belgium Regulatory Authorities ) adopted a new decision finding that Telenet has significant market power in the wholesale broadband market (the 2018 Decision ). The 2018 Decision imposes on Telenet the obligations to (i) provide third-party operators with access to the digital television platform (including basic digital video and analog video) and (ii) make available to third-party operators a bitstream offer of broadband internet access (including fixed-line telephony as an option). Unlike prior decisions, the 2018 Decision no longer applies “retail minus” pricing on Telenet; however, as of August 1, 2018, this decision imposed a 17% interim price reduction in monthly wholesale cable access prices. On July 5, 2019, the Belgium Regulatory Authorities published for consultation a draft decision regarding “reasonable access tariffs” that would replace the interim prices. On May 26, 2020, the Belgium Regulatory Authorities adopted a final decision regarding the “reasonable access tariffs” (the 2020 Decision ) that represents, for example, a decrease of 11.5% as compared to the interim rates for a 100 Mbps offer combined with TV. These rates are expected to evolve over time due to, among other reasons, broadband capacity usage. The 2020 Decision became effective on July 1, 2020. The 2020 Decision aims to, and in its application may, strengthen Telenet’s competitors by granting them resale access to Telenet’s network to offer competing products and services notwithstanding Telenet’s substantial historical financial outlays in developing the infrastructure. In addition, any resale access granted to competitors could (i) limit the bandwidth available to Telenet to provide new or expanded products and services to the customers served by its network and (ii) adversely impact Telenet’s ability to maintain or increase its revenue and cash flows. The extent of any such adverse impacts ultimately will be dependent on the extent that competitors take advantage of the resale access afforded to Telenet’s network, the rates that Telenet receives for such access and other competitive factors or market developments. Telenet considers the 2018 Decision to be inconsistent with the principle of technology-neutral regulation and the European Single Market Strategy to stimulate further investments in broadband networks. Telenet challenged the 2018 Decision in the Court of Appeal of Brussels and also initiated an action in the European Court of Justice against the European Commission’s decision not to challenge the 2018 Decision. The proceedings before the European Court of Justice have been withdrawn by Telenet in order to avoid undue delays in the Court of Appeal case. In a decision issued on September 4, 2019, the Court of Appeal of Brussels upheld the 2018 Decision. UPC Austria Matter. On July 31 2018, we completed the sale of our Austrian operations, “UPC Austria,” to Deutsche Telekom AG (Deutsche Telekom). In October 2019, we received notification under the terms of the relevant acquisition agreements from Deutsche Telekom and its subsidiary, T-Mobile Austria Holding GmbH, (together, the UPC Austria Sale Counterparties), asserting claims that totaled €126.3 million ($132.4 million), plus interest, as of June 30, 2022. In July 2022, we agreed with the UPC Austria Sale Counterparties to resolve the matter, the terms of which were not material to us and were accrued in our June 30, 2022 condensed consolidated financial statements. Other Contingency Matters. In connection with the dispositions of certain of our operations, we provided tax indemnities to the counterparties for certain tax liabilities that could arise from the period we owned the respective operations, subject to certain thresholds. While we have not received notification from the counterparties for indemnification, it is reasonably possible that we could, and the amounts involved could be significant. No amounts have been accrued by our company as the likelihood of any loss is not considered to be probable. Further, Liberty Global may be entitled to certain amounts that our disposed operations may recover from taxing authorities. Any such amounts will not be reflected in our consolidated financial statements until such time as the final disposition of such matters has been reached. Other Regulatory Matters. Video distribution, broadband internet, fixed-line telephony, mobile and content businesses are regulated in each of the countries in which we or our affiliates operate. The scope of regulation varies from country to country, although in some significant respects regulation in European markets is harmonized under the regulatory structure of the European Union ( E.U. ). Adverse regulatory developments could subject our businesses to a number of risks. Regulation, including conditions imposed on us by competition or other authorities as a requirement to close acquisitions or dispositions, could limit growth, revenue and the number and types of services offered and could lead to increased operating costs and property and equipment additions. Regulation may also restrict our operations and subject them to further competitive pressure, including pricing restrictions, interconnect and other access obligations, and restrictions or controls on content, including content provided by third parties. Failure to comply with current or future regulation could expose our businesses to various penalties.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2022
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 EBITDA (as defined below) or total assets or (ii) those equity method affiliates where our investment or share of revenue or Adjusted EBITDA represents 10% or more of our total assets, revenue or Adjusted EBITDA, respectively. In certain cases, we may elect to include an operating segment in our segment disclosure that does not meet the above-described criteria for a reportable segment. We evaluate performance and make decisions about allocating resources to our operating segments based on financial measures such as revenue and Adjusted EBITDA. In addition, we review non-financial measures such as customer growth, as appropriate. Adjusted EBITDA is the primary measure used by our chief operating decision maker to evaluate segment operating performance and is also a key factor that is used by our internal decision makers to (i) determine how to allocate resources to segments and (ii) evaluate the effectiveness of our management for purposes of annual and other incentive compensation plans. As we use the term, “ Adjusted EBITDA ” is defined as earnings (loss) from continuing operations before net income tax benefit (expense), other non-operating income or expenses, net share of results of affiliates, net gains (losses) on extinguishment of debt, net realized and unrealized gains (losses) due to changes in fair values of certain investments, net foreign currency gains (losses), net gains (losses) on derivative instruments, net interest expense, depreciation and amortization, share-based compensation, provisions and provision releases related to significant litigation and impairment, restructuring and other operating items. Other operating items include (a) gains and losses on the disposition of long-lived assets, (b) third-party costs directly associated with successful and unsuccessful acquisitions and dispositions, including legal, advisory and due diligence fees, as applicable, and (c) other acquisition-related items, such as gains and losses on the settlement of contingent consideration. Our internal decision makers believe Adjusted EBITDA is a meaningful measure because it represents a transparent view of our recurring operating performance that is unaffected by our capital structure and allows management to (1) readily view operating trends, (2) perform analytical comparisons and benchmarking between segments and (3) identify strategies to improve operating performance in the different countries in which we operate. A reconciliation of earnings or loss from continuing operations to Adjusted EBITDA is presented below. As of June 30, 2022, our reportable segments are as follows: Consolidated: • Switzerland • Belgium • Ireland Nonconsolidated: • VMO2 JV • VodafoneZiggo JV All of our reportable segments derive their revenue primarily from residential and B2B communications services, including broadband internet, video, fixed-line telephony and mobile services. Our “ Central and Other ” category primarily includes (i) our operations in Slovakia, (ii) services provided to the VMO2 JV, the VodafoneZiggo JV and various third parties related to transitional service agreements, (iii) sales of customer premises equipment to the VodafoneZiggo JV and (iv) certain centralized functions, including billing systems, network operations, technology, marketing, facilities, finance and other administrative functions. We present only the reportable segments of our continuing operations in the tables below. Performance Measures of Our Reportable Segments The amounts presented below represent 100% of each of our reportable segment’s revenue and Adjusted EBITDA. As we have the ability to control Telenet, we consolidate 100% of Telenet’s revenue and expenses in our condensed consolidated statements of operations despite the fact that third parties own a significant interest. The noncontrolling owners’ interests in the operating results of Telenet and other less significant majority-owned subsidiaries are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Similarly, despite only holding a 50% noncontrolling interest in both the VMO2 JV and the VodafoneZiggo JV, we present 100% of the revenue and Adjusted EBITDA of those entities in the tables below. Our share of the operating results of the VMO2 JV and the VodafoneZiggo JV are included in share of results of affiliates, net, in our condensed consolidated statements of operations. Revenue Three months ended Six months ended 2022 2021 2022 2021 in millions Switzerland $ 766.1 $ 825.4 $ 1,587.5 $ 1,667.2 Belgium 689.1 774.8 1,413.5 1,547.5 Ireland 121.5 134.1 249.3 270.2 U.K. (a) — 1,101.4 — 2,736.4 Central and Other 180.6 157.0 362.0 277.3 Intersegment eliminations (3.1) (3.5) (4.8) (9.5) Total $ 1,754.2 $ 2,989.2 $ 3,607.5 $ 6,489.1 VMO2 JV (b) $ 3,202.6 $ 1,208.5 $ 6,600.6 $ 1,208.5 VodafoneZiggo JV $ 1,065.6 $ 1,215.3 $ 2,195.6 $ 2,432.3 _______________ (a) The 2021 amounts represent the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction. (b) The 2021 amounts represent the revenue of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. Adjusted EBITDA Three months ended Six months ended 2022 2021 2022 2021 in millions Switzerland $ 276.5 $ 298.5 $ 577.7 $ 580.1 Belgium 330.3 389.6 670.7 761.4 Ireland 52.0 54.0 102.9 101.6 U.K. (a) — 444.9 — 1,085.3 Central and Other (9.4) 9.6 (16.8) (16.7) Intersegment eliminations (b) 0.4 2.5 (0.4) 3.6 Total $ 649.8 $ 1,199.1 $ 1,334.1 $ 2,515.3 VMO2 JV (c) $ 1,059.4 $ 411.0 $ 2,454.7 $ 411.0 VodafoneZiggo JV $ 490.9 $ 570.1 $ 1,028.7 $ 1,135.3 _______________ (a) The 2021 amounts represent the Adjusted EBITDA of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction. (b) Amounts relate to transactions between our continuing and discontinued operations. (c) The 2021 amounts represent the Adjusted EBITDA of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. The following table provides a reconciliation of earnings from continuing operations to Adjusted EBITDA: Three months ended Six months ended 2022 2021 2022 2021 in millions Earnings from continuing operations $ 2,282.2 $ 11,150.9 $ 3,357.9 $ 12,573.6 Income tax expense 63.6 276.8 144.8 442.0 Other income, net (26.6) (7.3) (38.5) (17.4) Gain on U.K. JV Transaction — (11,138.0) — (11,138.0) Gain on Telenet Tower Sale (693.3) — (693.3) — Share of results of affiliates, net (81.1) 8.1 (311.6) 6.4 Losses (gains) on debt extinguishment, net (2.8) 90.6 (2.8) 90.6 Realized and unrealized losses (gains) due to changes in fair values of certain investments, net 112.0 (288.1) 205.6 (482.7) Foreign currency transaction gains, net (1,148.7) (131.4) (1,723.7) (435.2) Realized and unrealized losses (gains) on derivative instruments, net (613.7) 303.1 (1,122.2) (508.1) Interest expense 132.9 272.5 267.1 607.2 Operating income 24.5 537.2 83.3 1,138.4 Impairment, restructuring and other operating items, net 58.3 6.8 67.7 51.2 Depreciation and amortization 517.7 555.3 1,082.4 1,162.5 Share-based compensation expense 49.3 99.8 100.7 163.2 Adjusted EBITDA $ 649.8 $ 1,199.1 $ 1,334.1 $ 2,515.3 Property and Equipment Additions of our Reportable Segments The property and equipment additions of our reportable segments (including capital additions financed under capital-related vendor financing or finance lease arrangements) are presented below and reconciled to the capital expenditure amounts included in our condensed consolidated statements of cash flows. For additional information concerning capital additions financed under vendor financing and finance lease arrangements, see notes 8 and 10, respectively. Six months ended 2022 2021 in millions Switzerland $ 255.1 $ 278.2 Belgium 291.5 291.2 Ireland 50.2 43.3 U.K. (a) — 557.4 Central and Other (b) 121.1 151.0 Total property and equipment additions 717.9 1,321.1 Assets acquired under capital-related vendor financing arrangements (102.2) (546.9) Assets acquired under finance leases (18.0) (19.5) Changes in current liabilities related to capital expenditures 36.5 87.7 Total capital expenditures, net $ 634.2 $ 842.4 Property and equipment additions: VMO2 JV (c) $ 1,348.6 $ 226.3 VodafoneZiggo JV $ 472.5 $ 510.4 _______________ (a) The 2021 amount represents the property and equipment additions of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction. (b) Includes (i) property and equipment additions representing centrally-owned assets that benefit our operating segments, (ii) the net impact of certain centrally-procured network equipment that is ultimately transferred to our operating segments and (iii) property and equipment additions of our operations in Slovakia. (c) The 2021 amount represents the property and equipment additions of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. Revenue by Major Category Our revenue by major category for our consolidated reportable segments is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Residential revenue: Residential fixed revenue (a): Subscription revenue (b): Broadband internet $ 341.2 $ 739.3 $ 701.4 $ 1,642.1 Video 269.4 560.5 555.9 1,234.9 Fixed-line telephony 95.6 268.0 199.5 621.1 Total subscription revenue 706.2 1,567.8 1,456.8 3,498.1 Non-subscription revenue 27.2 46.6 52.8 102.4 Total residential fixed revenue 733.4 1,614.4 1,509.6 3,600.5 Residential mobile revenue (c): Subscription revenue (b) 347.0 414.8 700.2 895.3 Non-subscription revenue 115.8 197.0 261.1 477.2 Total residential mobile revenue 462.8 611.8 961.3 1,372.5 Total residential revenue 1,196.2 2,226.2 2,470.9 4,973.0 B2B revenue (d): Subscription revenue 127.3 183.3 260.2 343.0 Non-subscription revenue 209.3 374.1 430.7 803.9 Total B2B revenue 336.6 557.4 690.9 1,146.9 Other revenue (e) 221.4 205.6 445.7 369.2 Total $ 1,754.2 $ 2,989.2 $ 3,607.5 $ 6,489.1 _______________ (a) Residential fixed subscription revenue includes amounts received from subscribers for ongoing services and the recognition of deferred installation revenue over the associated contract period. Residential fixed non-subscription revenue includes, among other items, channel carriage fees, late fees and revenue from the sale of equipment. (b) Residential subscription revenue from subscribers who purchase bundled services at a discounted rate is generally allocated proportionally to each service based on the standalone price for each individual service. As a result, changes in the standalone pricing of our fixed and mobile products or the composition of bundles can contribute to changes in our product revenue categories from period to period. (c) Residential mobile subscription revenue includes amounts received from subscribers for ongoing services. Residential mobile non-subscription revenue includes, among other items, interconnect revenue and revenue from sales of mobile handsets and other devices. (d) B2B subscription revenue represents revenue from (i) services provided to certain small or home office ( SOHO ) subscribers and (ii) mobile services provided to medium and large enterprises. SOHO subscribers pay a premium price to receive expanded service levels along with broadband internet, video, fixed-line telephony or mobile services that are the same or similar to the mass marketed products offered to our residential subscribers. B2B non-subscription revenue includes (a) revenue from business broadband internet, video, fixed-line telephony and data services offered to medium and large enterprises and, fixed-line and mobile services on a wholesale basis, to other operators and (b) revenue from long-term leases of portions of our network. (e) Other revenue includes, among other items, (i) revenue earned from the U.K. JV Services, the NL JV Services and the sale of customer premises equipment to the VodafoneZiggo JV, (ii) broadcasting revenue in Belgium and Ireland and (iii) revenue earned from transitional and other services provided to various third parties. Geographic Segments The revenue of our geographic segments is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Switzerland $ 766.1 $ 825.4 $ 1,587.5 $ 1,667.2 Belgium 689.1 774.8 1,413.5 1,547.5 Ireland 121.5 134.1 249.3 270.2 Slovakia 12.4 13.3 25.3 26.3 U.K. (a) — 1,101.4 — 2,736.4 Other, including intersegment eliminations 165.1 140.2 331.9 241.5 Total $ 1,754.2 $ 2,989.2 $ 3,607.5 $ 6,489.1 VMO2 JV (U.K.) (b) $ 3,202.6 $ 1,208.5 $ 6,600.6 $ 1,208.5 VodafoneZiggo JV (Netherlands) $ 1,065.6 $ 1,215.3 $ 2,195.6 $ 2,432.3 ______________ (a) The 2021 amounts represent the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 19, 2022, Telenet and Fluvius System Operator CV ( Fluvius ) entered into an agreement to create an independent, self-funding infrastructure company ( NetCo ) within their combined geographic footprint in Belgium. The companies will each contribute certain cable infrastructure assets with Telenet and Fluvius initially owning 66.8% and 33.2% of NetCo, respectively. Telenet and Liberty Global will consolidate NetCo upon closing of the transaction, which we currently expect to occur in early 2023. The closing of the transaction is subject to the satisfaction of certain conditions, including regulatory conditions and approval from Fluvius shareholders.

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	ASU 2021-08 In October 2021, the Financial Accounting Standards Board ( FASB ) issued Accounting Standards Update ( ASU ) No. 2021-08, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ( ASU 2021-08 ), which requires contract assets and contract liabilities acquired in a business combination to be recognized and measured in accordance with Topic 606, Revenue from Contracts with Customers , as if the acquirer had originated the contracts. ASU 2021-08 is effective for annual reporting periods beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The main impact of the adoption of ASU 2021-08 will be the recognition of contract assets and contract liabilities in future business combinations at amounts generally consistent with the carrying value of such assets and liabilities of the acquiree immediately before the acquisition date. ASU 2020-04 In April 2020, the FASB issued ASU No. 2020-04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting ( ASU 2020-04 ), which provides optional expedients and exceptions for contract modifications, subject to meeting certain criteria, that reference the London Interbank Offered Rate ( LIBOR ) or another reference rate expected to be discontinued. In accordance with the optional expedients in ASU 2020-04, we have modified certain of our debt agreements during 2022 to replace LIBOR with another reference rate and applied the practical expedient to account for the modification as a continuation of the existing contract. The use of optional expedients in ASU 2020-04 has not had a significant impact on our consolidated financial statements to date. For additional information regarding our debt, see note 9.
Revenue Recognition and Related Costs	Contract Balances The timing of our recognition of revenue may differ from the timing of invoicing our customers. We record a trade receivable when we have transferred goods or services to a customer but have not yet received payment. Our trade receivables are reported net of an allowance for doubtful accounts. Such allowance aggregated $39.0 million and $42.0 million at June 30, 2022 and December 31, 2021, respectively. If we transfer goods or services to a customer but do not have an unconditional right to payment, we record a contract asset. Contract assets typically arise from the uniform recognition of introductory promotional discounts over the contract period and accrued revenue for handset sales. Our contract assets were $27.7 million and $29.7 million as of June 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our contract asset balances are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We record deferred revenue when we receive payment prior to transferring goods or services to a customer. We primarily defer revenue for (i) installation and other upfront services and (ii) other services that are invoiced prior to when services are provided. Our deferred revenue balances were $324.7 million and $286.5 million as of June 30, 2022 and December 31, 2021, respectively. The increase in deferred revenue for the six months ended June 30, 2022 is primarily due to the net effect of (a) the impact of additions during the period and (b) the recognition of $181.5 million of revenue that was included in our deferred revenue balance at December 31, 2021. The long-term portions of our deferred revenue balances are included within other long-term liabilities on our condensed consolidated balance sheets. Contract Costs Our aggregate assets associated with incremental costs to obtain and fulfill our contracts were $65.7 million and $63.4 million at June 30, 2022 and December 31, 2021, respectively. The current and long-term portions of our assets related to contract costs are included within other current assets and other assets, net, respectively, on our condensed consolidated balance sheets. We amortized $4.2 million and $8.6 million during the three and six months ended June 30, 2022, respectively, and $24.8 million and $71.8 million during the three and six months ended June 30, 2021, respectively, to operating costs and expenses related to these assets. Unsatisfied Performance Obligations A large portion of our revenue is derived from customers who are not subject to contracts. Revenue from customers who are subject to contracts is generally recognized over the term of such contracts, which is typically 12 months for our residential service contracts, one one
Leases	GeneralWe enter into operating and finance leases for network equipment, real estate, mobile site sharing and vehicles. We provide residual value guarantees on certain of our vehicle leases.

Acquisitions and Dispositions (

Acquisitions and Dispositions (Tables)	6 Months Ended
	Jun. 30, 2022
Acquisitions and Dispositions [Abstract]
Classes of Assets and Liabilities Held for Sale	The carrying amounts of the major classes of assets and liabilities of UPC Poland as of December 31, 2021 are summarized in the following table (in millions): Assets: Current assets $ 23.4 Property and equipment, net 406.8 Goodwill 464.7 Other assets, net 30.1 Total assets $ 925.0 Liabilities: Current portion of debt and finance lease obligations $ 42.7 Other accrued and current liabilities 97.3 Long-term debt and finance lease obligations 5.0 Other long-term liabilities 56.3 Total liabilities $ 201.3 The operating results of UPC Poland for the periods indicated are summarized in the following table. These amounts exclude intercompany revenue and expenses that are eliminated within our condensed consolidated statements of operations. Three months ended June 30, 2021 Six months ended June 30, 2022 (a) 2021 in millions Revenue $ 116.3 $ 109.5 $ 231.7 Operating income $ 28.3 $ 45.0 $ 52.4 Earnings before income taxes $ 29.6 $ 43.9 $ 52.5 Income tax expense (6.0) (9.3) (11.3) Net earnings attributable to Liberty Global shareholders $ 23.6 $ 34.6 $ 41.2 _______________ (a) Includes the operating results of UPC Poland from January 1, 2022 through April 1, 2022, the date UPC Poland was sold.
Equity Method Investments	The opening balance sheet presented below reflects the final purchase price allocation (in millions): Current assets $ 4,186.7 Property and equipment, net 12,523.2 Goodwill 29,502.7 Intangible assets subject to amortization, net 13,274.6 Other assets, net 4,116.2 Current portion of debt and finance lease obligations (4,352.5) Other accrued and current liabilities (5,780.8) Long-term debt and finance lease obligations (21,879.2) Other long-term liabilities (2,170.9) Total fair value of the net assets of the VMO2 JV $ 29,420.0 The following table sets forth the details of our share of results of affiliates, net: Three months ended Six months ended 2022 2021 2022 2021 in millions VMO2 JV (a) $ 30.8 $ (0.3) $ 217.9 $ (0.3) VodafoneZiggo JV (b) 83.4 4.7 132.0 9.4 All3Media (12.2) (5.8) (16.9) (14.8) Atlas Edge JV (5.1) — (8.1) — Formula E (9.6) (4.3) (1.7) 4.4 Other, net (6.2) (2.4) (11.6) (5.1) Total $ 81.1 $ (8.1) $ 311.6 $ (6.4) _______________ (a) Represents (i) our 50% share of the results of operations of the VMO2 JV and (ii) 100% of the share-based compensation expense associated with Liberty Global awards held by VMO2 JV employees who were formerly employees of Liberty Global, as these awards remain our responsibility. (b) Represents (i) our 50% share of the results of operations of the VodafoneZiggo JV and (ii) 100% of the interest income earned on the VodafoneZiggo JV Receivables. The summarized results of operations of the VMO2 JV are set forth below: Three months ended Six months ended 2022 2021 (a) 2022 2021 (a) in millions Revenue $ 3,202.6 $ 1,208.5 $ 6,600.6 $ 1,208.5 Earnings (loss) before income taxes $ 89.1 $ (168.5) $ 467.7 $ (168.5) Net earnings (loss) $ 88.4 $ (34.6) $ 406.5 $ (34.6) _______________ (a) Includes the operating results of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. The summarized results of operations of the VodafoneZiggo JV are set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Revenue $ 1,065.6 $ 1,215.3 $ 2,195.6 $ 2,432.3 Earnings (loss) before income taxes $ 225.7 $ (19.6) $ 352.7 $ (41.0) Net earnings (loss) $ 146.6 $ (15.5) $ 218.9 $ (31.6)

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2022
Investments [Abstract]
Schedule of Investments by Accounting Method	The details of our investments are set forth below: Accounting Method June 30, December 31, Ownership (a) in millions % Equity (b): Long-term: VMO2 JV $ 12,477.2 $ 13,774.7 50.0 VodafoneZiggo JV (c) 2,333.9 2,572.4 50.0 Atlas Edge Joint Venture ( Atlas Edge JV ) 143.3 163.7 50.0 All3Media Group ( All3Media ) 142.4 143.7 50.0 Formula E Holdings Ltd ( Formula E ) 104.6 115.9 35.9 Other 217.6 174.8 Total — equity 15,419.0 16,945.2 Fair value: Short-term: Separately-managed accounts ( SMAs ) (d) 1,527.0 2,269.6 Long-term: Televisa Univision, Inc. ( Televisa Univision ) (e) 385.5 385.5 6.3 ITV plc ( ITV ) 316.7 596.3 9.9 SMAs (d) 297.2 531.7 Lacework Inc. ( Lacework ) 269.1 269.1 3.3 Plume Design, Inc. ( Plume ) 188.8 188.8 11.5 EdgeConneX Inc. ( EdgeConneX ) 173.1 138.7 5.1 Pax8 Inc. ( Pax8 ) 99.0 14.7 5.9 Aviatrix Systems, Inc. 78.2 78.2 3.8 CANAL+ Polska S.A. 63.5 70.8 17.0 Lions Gate Entertainment Corp ( Lionsgate ) 59.8 105.9 2.9 Other 365.3 378.1 Total — fair value 3,823.2 5,027.4 Total investments (f) $ 19,242.2 $ 21,972.6 Short-term investments $ 1,527.0 $ 2,269.6 Long-term investments $ 17,715.2 $ 19,703.0 _______________ (a) Our ownership percentages are determined based on our legal ownership as of the most recent balance sheet date or are estimated based on the number of shares we own and the most recent publicly-available information. (b) Our equity method investments are originally recorded at cost and are adjusted to recognize our share of net earnings or losses of the affiliates as they occur rather than as dividends or other distributions are received, with our recognition of losses generally limited to the extent of our investment in, and loans and commitments to, the investee. Accordingly, the carrying values of our equity method investments may not equal the respective fair values. At June 30, 2022 and December 31, 2021, the aggregate carrying amounts of our equity method investments exceeded our proportionate share of the respective investee’s net assets by $1,179.2 million and $1,236.0 million, respectively, which primarily includes amounts associated with the VodafoneZiggo JV Receivables, as defined below, and amounts we are owed under a long-term note receivable from All3Media. (c) Amounts include certain notes receivable due from a subsidiary of the VodafoneZiggo JV to a subsidiary of Liberty Global comprising (i) a euro-denominated note receivable with a principal amount of $733.8 million and $797.1 million, respectively (the VodafoneZiggo JV Receivable I ), and (ii) a euro-denominated note receivable with a principal amount of $217.9 million and $236.7 million, respectively (the VodafoneZiggo JV Receivable II and, together with the VodafoneZiggo JV Receivable I, the VodafoneZiggo JV Receivables ). The VodafoneZiggo JV Receivables bear interest at 5.55% and have a final maturity date of December 31, 2030. During the six months ended June 30, 2022, interest accrued on the VodafoneZiggo JV Receivables was $27.8 million, all of which has been cash settled. (d) Represents investments held under SMAs, which are maintained by investment managers acting as agents on our behalf. We classify, measure and report these investments, the composition of which may change from time to time, based on the underlying nature and characteristics of each security held under the SMAs. As of June 30, 2022, all of our investments held under SMAs were classified as available-for-sale debt securities. At June 30, 2022 and December 31, 2021, interest accrued on our debt securities, which is included in other current assets on our condensed consolidated balance sheets, was $5.0 million and $5.1 million, respectively. (e) At June 30, 2022, the fair value of our investment in Televisa Univision reflects the merger of Univision Holdings Inc. and Grupo Televisa, S.A.B., which was completed during the first quarter of 2022. (f) The purchase and sale of investments are presented on a gross basis in our condensed consolidated statements of cash flows, including amounts associated with SMAs.
Equity Method Investments	The opening balance sheet presented below reflects the final purchase price allocation (in millions): Current assets $ 4,186.7 Property and equipment, net 12,523.2 Goodwill 29,502.7 Intangible assets subject to amortization, net 13,274.6 Other assets, net 4,116.2 Current portion of debt and finance lease obligations (4,352.5) Other accrued and current liabilities (5,780.8) Long-term debt and finance lease obligations (21,879.2) Other long-term liabilities (2,170.9) Total fair value of the net assets of the VMO2 JV $ 29,420.0 The following table sets forth the details of our share of results of affiliates, net: Three months ended Six months ended 2022 2021 2022 2021 in millions VMO2 JV (a) $ 30.8 $ (0.3) $ 217.9 $ (0.3) VodafoneZiggo JV (b) 83.4 4.7 132.0 9.4 All3Media (12.2) (5.8) (16.9) (14.8) Atlas Edge JV (5.1) — (8.1) — Formula E (9.6) (4.3) (1.7) 4.4 Other, net (6.2) (2.4) (11.6) (5.1) Total $ 81.1 $ (8.1) $ 311.6 $ (6.4) _______________ (a) Represents (i) our 50% share of the results of operations of the VMO2 JV and (ii) 100% of the share-based compensation expense associated with Liberty Global awards held by VMO2 JV employees who were formerly employees of Liberty Global, as these awards remain our responsibility. (b) Represents (i) our 50% share of the results of operations of the VodafoneZiggo JV and (ii) 100% of the interest income earned on the VodafoneZiggo JV Receivables. The summarized results of operations of the VMO2 JV are set forth below: Three months ended Six months ended 2022 2021 (a) 2022 2021 (a) in millions Revenue $ 3,202.6 $ 1,208.5 $ 6,600.6 $ 1,208.5 Earnings (loss) before income taxes $ 89.1 $ (168.5) $ 467.7 $ (168.5) Net earnings (loss) $ 88.4 $ (34.6) $ 406.5 $ (34.6) _______________ (a) Includes the operating results of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. The summarized results of operations of the VodafoneZiggo JV are set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Revenue $ 1,065.6 $ 1,215.3 $ 2,195.6 $ 2,432.3 Earnings (loss) before income taxes $ 225.7 $ (19.6) $ 352.7 $ (41.0) Net earnings (loss) $ 146.6 $ (15.5) $ 218.9 $ (31.6)
Schedule of Debt Securities	The following table sets forth the details of our realized and unrealized gains (losses) due to changes in fair value, net: Three months ended Six months ended 2022 2021 2022 2021 in millions ITV $ (112.2) $ 29.7 $ (279.6) $ 109.5 Pax8 — — 79.3 — Lionsgate (43.6) 36.8 (46.1) 57.6 EdgeConneX 29.0 4.7 42.5 17.8 Skillz Inc. ( Skillz ) (7.6) 21.3 (33.7) 21.3 Televisa Univision 21.4 155.4 31.8 155.4 Plume — — — 55.1 Lacework — 48.8 — 48.8 Other, net (a) 1.0 (8.6) 0.2 17.2 Total $ (112.0) $ 288.1 $ (205.6) $ 482.7 _______________ (a) The 2022 amounts include gains of $11.7 million and $12.0 million for the three and six months ended June 30, 2022, respectively, related to investments that were sold during the second quarter. At June 30, 2022 and December 31, 2021, all of our SMAs were composed of debt securities, which are summarized in the following tables: June 30, 2022 Amortized cost basis Accumulated unrealized losses Fair value in millions Government bonds $ 510.7 $ (3.5) $ 507.2 Corporate debt securities 510.5 (7.3) 503.2 Commercial paper 437.9 — 437.9 Certificates of deposit 314.4 (0.4) 314.0 Other debt securities 61.9 — 61.9 Total debt securities $ 1,835.4 $ (11.2) $ 1,824.2 December 31, 2021 Amortized cost basis Accumulated unrealized losses Fair value in millions Commercial paper $ 897.4 $ — $ 897.4 Corporate debt securities 705.5 (1.6) 703.9 Government bonds 655.9 (3.3) 652.6 Certificates of deposit 355.5 (0.1) 355.4 Other debt securities 192.0 — 192.0 Total debt securities $ 2,806.3 $ (5.0) $ 2,801.3 The fair values of our debt securities as of June 30, 2022 by contractual maturity are shown below (in millions): Due in one year or less $ 1,527.0 Due in one to five years 295.4 Due in five to ten years 1.7 Due after ten years 0.1 Total (a) $ 1,824.2 _______________ (a) The weighted average life of our total debt securities was 0.5 years as of June 30, 2022.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Derivative Instrument Assets and Liabilities	The following table provides details of the fair values of our derivative instrument assets and liabilities: June 30, 2022 December 31, 2021 Current Long-term Total Current Long-term Total in millions Assets (a): Cross-currency and interest rate derivative contracts (b) $ 188.6 $ 984.9 $ 1,173.5 $ 214.9 $ 164.3 $ 379.2 Equity-related derivative instruments (c) — 114.1 114.1 — 113.8 113.8 Foreign currency forward and option contracts 8.1 — 8.1 28.4 — 28.4 Other 0.3 — 0.3 1.0 — 1.0 Total $ 197.0 $ 1,099.0 $ 1,296.0 $ 244.3 $ 278.1 $ 522.4 Liabilities (a): Cross-currency and interest rate derivative contracts (b) $ 199.9 $ 312.8 $ 512.7 $ 208.8 $ 670.2 $ 879.0 Foreign currency forward and option contracts 8.0 — 8.0 13.0 — 13.0 Total $ 207.9 $ 312.8 $ 520.7 $ 221.8 $ 670.2 $ 892.0 _______________ (a) Our current derivative assets, long-term derivative assets and long-term derivative liabilities are included in other current assets, other assets, net, and other long-term liabilities, respectively, on our condensed consolidated balance sheets. For information regarding certain financing transactions that impacted our derivative instruments, see note 4. (b) We consider credit risk relating to our and our counterparties’ nonperformance in the fair value assessment of our derivative instruments. In all cases, the adjustments take into account offsetting liability or asset positions within each of our subsidiary borrowing groups (as defined and described in note 9). The changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net gains of $4.8 million and $38.2 million during the three months ended June 30, 2022 and 2021, respectively, and a net gain (loss) of $9.3 million and ($0.8 million) during the six months ended June 30, 2022 and 2021, respectively. These amounts are included in realized and unrealized gains (losses) on derivative instruments, net, in our condensed consolidated statements of operations. For further information regarding our fair value measurements, see note 7.
Schedule Of Realized And Unrealized Gains Losses On Derivative Instruments	The details of our realized and unrealized gains (losses) on derivative instruments, net, are as follows: Three months ended Six months ended 2022 2021 2022 2021 in millions Cross-currency and interest rate derivative contracts $ 619.0 $ (297.5) $ 1,091.3 $ 487.1 Foreign currency forward and option contracts (5.1) (6.8) 31.3 (4.7) Equity-related derivative instruments: ITV Collar — (1.2) — (11.8) Other 0.1 0.2 0.3 35.3 Total equity-related derivative instruments 0.1 (1.0) 0.3 23.5 Other (0.3) 2.2 (0.7) 2.2 Total $ 613.7 $ (303.1) $ 1,122.2 $ 508.1
Schedule Of Cash Received Paid Related To Derivative Instruments Statement Of Cash Flows Location	The following table sets forth the classification of the net cash outflows of our derivative instruments: Six months ended 2022 2021 in millions Operating activities $ (6.7) $ (0.4) Investing activities 40.9 (52.1) Financing activities (50.0) 22.9 Total $ (15.8) $ (29.6)
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 June 30, 2022: Notional amount Notional amount Weighted average remaining life in millions in years UPC Holding $ 250.0 € 220.6 3.3 $ 4,475.0 CHF 4,098.2 (a) 6.0 € 2,650.0 CHF 2,970.1 3.6 CHF 740.0 € 701.1 0.5 Telenet $ 3,940.0 € 3,489.6 (a) 4.6 € 45.2 $ 50.0 (b) 2.6 _______________ (a) Includes certain derivative instruments that are “forward-starting,” such that the initial exchange occurs at a date subsequent to June 30, 2022. These instruments are typically entered into in order to extend existing hedges without the need to amend existing contracts. (b) Includes certain derivative instruments that do not involve the exchange of notional amounts at the inception and maturity of the instruments. Accordingly, the only cash flows associated with these derivative instruments are coupon-related payments and receipts. 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 June 30, 2022: Pays fixed rate Receives fixed rate Notional Weighted average remaining life Notional Weighted average remaining life in millions in years in millions in years UPC Holding $ 5,751.9 (a) 2.8 $ 3,345.0 4.2 Telenet $ 2,892.1 (a) 2.8 $ 1,364.9 1.3 _______________ (a) Includes forward-starting derivative instruments. Notional amount due from counterparty Weighted average remaining life in millions in years UPC Holding $ 2,582.0 (a) 0.5 Telenet $ 2,295.0 0.5 _______________ (a) Includes forward-starting derivative instruments. 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: Increase (decrease) to borrowing costs at June 30, 2022 (a) UPC Holding (1.29) % Telenet (0.64) % VM Ireland 0.15 % Total decrease to borrowing costs (0.91) % _______________ (a) Represents the effect of derivative instruments in effect at June 30, 2022 and does not include forward-starting derivative instruments.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value	A summary of our assets and liabilities that are measured at fair value on a recurring basis is as follows: Fair value measurements at June 30, 2022 using: Description June 30, Quoted prices Significant Significant in millions Assets: Derivative instruments: Cross-currency and interest rate derivative contracts $ 1,173.5 $ — $ 1,173.5 $ — Equity-related derivative instruments 114.1 — — 114.1 Foreign currency forward and option contracts 8.1 — 8.1 — Other 0.3 — 0.3 — Total derivative instruments 1,296.0 — 1,181.9 114.1 Investments: SMAs 1,824.2 502.5 1,321.7 — Other investments 1,999.0 383.3 63.5 1,552.2 Total investments 3,823.2 885.8 1,385.2 1,552.2 Total assets $ 5,119.2 $ 885.8 $ 2,567.1 $ 1,666.3 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 512.7 $ — $ 512.7 $ — Foreign currency forward and option contracts 8.0 — 8.0 — Total liabilities $ 520.7 $ — $ 520.7 $ — Fair value measurements at December 31, 2021 using: Description December 31, 2021 Quoted prices Significant Significant in millions Assets: Derivative instruments: Cross-currency and interest rate derivative contracts $ 379.2 $ — $ 379.2 $ — Equity-related derivative instruments 113.8 — — 113.8 Foreign currency forward and option contracts 28.4 — 9.0 19.4 Other 1.0 — 1.0 — Total derivative instruments 522.4 — 389.2 133.2 Investments: SMAs 2,801.3 672.1 2,124.2 5.0 Other investments 2,226.1 747.9 70.8 1,407.4 Total investments 5,027.4 1,420.0 2,195.0 1,412.4 Total assets $ 5,549.8 $ 1,420.0 $ 2,584.2 $ 1,545.6 Liabilities: Derivative instruments: Cross-currency and interest rate derivative contracts $ 879.0 $ — $ 846.3 $ 32.7 Foreign currency forward and option contracts 13.0 — 13.0 — Total liabilities $ 892.0 $ — $ 859.3 $ 32.7
Schedule of Reconciliation of the Beginning and Ending Balances of Assets and Liabilities Measured at Fair Value Using Significant Unobservable, or Level 3, Inputs	A reconciliation of the beginning and ending balances of our assets and liabilities measured at fair value on a recurring basis using significant unobservable, or Level 3, inputs is as follows: Investments Cross-currency, interest rate and foreign currency derivative contracts Equity-related Total in millions Balance of net assets at January 1, 2022 $ 1,412.4 $ (13.3) $ 113.8 $ 1,512.9 Gains included in earnings from continuing operations (a): Realized and unrealized gains on derivative instruments, net — — 0.3 0.3 Realized and unrealized gains due to changes in fair values of certain investments, net 162.1 — — 162.1 Additions 62.2 — — 62.2 Dispositions (30.2) — — (30.2) Transfers out of Level 3 — 13.3 — 13.3 Foreign currency translation adjustments and other, net (54.3) — — (54.3) Balance of net assets at June 30, 2022 $ 1,552.2 $ — $ 114.1 $ 1,666.3 _______________ (a) Amounts primarily relate to assets and liabilities that we continue to carry on our condensed consolidated balance sheet as of June 30, 2022.

Long-lived Assets (Tables)

Long-lived Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	The details of our property and equipment and the related accumulated depreciation are set forth below: June 30, December 31, in millions Distribution systems $ 8,945.0 $ 9,472.8 Support equipment, buildings and land 3,768.0 4,310.5 Customer premises equipment 1,293.8 1,279.2 Total property and equipment, gross 14,006.8 15,062.5 Accumulated depreciation (7,681.8) (8,081.0) Total property and equipment, net $ 6,325.0 $ 6,981.5
Schedule of Changes in Carrying Amount of Goodwill	Changes in the carrying amount of our goodwill during the six months ended June 30, 2022 are set forth below: January 1, 2022 Foreign June 30, in millions Switzerland $ 6,590.5 $ (293.0) $ 6,297.5 Belgium 2,591.8 (205.8) 2,386.0 Ireland 275.9 (21.8) 254.1 Central and Other 65.2 (5.3) 59.9 Total $ 9,523.4 $ (525.9) $ 8,997.5
Schedule of Intangible Assets Subject to Amortization, Net	The details of our intangible assets subject to amortization are set forth below: June 30, 2022 December 31, 2021 Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount in millions Customer relationships $ 2,206.9 $ (730.2) $ 1,476.7 $ 2,336.2 $ (602.2) $ 1,734.0 Other 970.0 (429.2) 540.8 1,034.3 (425.8) 608.5 Total $ 3,176.9 $ (1,159.4) $ 2,017.5 $ 3,370.5 $ (1,028.0) $ 2,342.5

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt and Lease Obligation [Abstract]
Schedule of Debt	The U.S. dollar equivalents of the components of our debt are as follows: June 30, 2022 Principal amount Weighted Unused borrowing Borrowing currency U.S. $ June 30, December 31, in millions UPC Holding Bank Facility (c) 4.09 % € 713.6 $ 748.0 $ 3,562.8 $ 4,062.5 UPC SPE Notes 4.58 % — — 1,643.0 1,933.2 UPC Holding Senior Notes 4.79 % — — 806.5 1,211.6 Telenet Credit Facility (d) 3.36 % € 555.0 581.8 3,458.6 3,558.9 Telenet Senior Secured Notes 4.78 % — — 1,566.1 1,614.9 VM Ireland Credit Facility (e) 3.76 % € 100.0 104.8 943.4 1,024.9 Vendor financing (f) 1.84 % — — 731.6 843.2 Other 7.01 % — — 140.5 149.6 Total debt before deferred financing costs, discounts and premiums (g) 3.96 % $ 1,434.6 $ 12,852.5 $ 14,398.8 The following table provides a reconciliation of total debt before deferred financing costs, discounts and premiums to total debt and finance lease obligations: June 30, December 31, in millions Total debt before deferred financing costs, discounts and premiums $ 12,852.5 $ 14,398.8 Deferred financing costs, discounts and premiums, net (44.9) (57.7) Total carrying amount of debt 12,807.6 14,341.1 Finance lease obligations (note 10) 440.8 484.0 Total debt and finance lease obligations 13,248.4 14,825.1 Current maturities of debt and finance lease obligations (764.8) (850.3) Long-term debt and finance lease obligations $ 12,483.6 $ 13,974.8 _______________ (a) Represents the weighted average interest rate in effect at June 30, 2022 for all borrowings outstanding pursuant to each debt instrument, including any applicable margin. The interest rates presented represent stated rates and do not include the impact of derivative instruments, deferred financing costs, original issue premiums or discounts and commitment fees, all of which affect our overall cost of borrowing. Including the effects of derivative instruments, original issue premiums or discounts and commitment fees, but excluding the impact of deferred financing costs and certain other obligations that we assumed in connection with certain acquisitions, the weighted average interest rate on our aggregate variable- and fixed-rate indebtedness was 3.17% at June 30, 2022. For information regarding our derivative instruments, see note 6. (b) Unused borrowing capacity represents the maximum availability under the applicable facility at June 30, 2022 without regard to covenant compliance calculations or other conditions precedent to borrowing. The following table provides our borrowing availability and amounts available to loan or distribute under each of the respective subsidiary facilities, based on the most restrictive applicable leverage covenants and leverage-based restricted payment tests, (i) at June 30, 2022 and (ii) upon completion of the relevant June 30, 2022 compliance reporting requirements. These amounts do not consider any actual or potential changes to our borrowing levels or any amounts loaned or distributed subsequent to June 30, 2022, or the impact of additional amounts that may be available to borrow, loan or distribute under certain defined baskets within each respective facility. Availability June 30, 2022 Upon completion of the relevant June 30, 2022 compliance reporting requirements Borrowing currency U.S. $ Borrowing currency U.S. $ in millions Available to borrow: UPC Holding Bank Facility € 713.6 $ 748.0 € 713.6 $ 748.0 Telenet Credit Facility € 555.0 $ 581.8 € 555.0 $ 581.8 VM Ireland Credit Facility € 100.0 $ 104.8 € 100.0 $ 104.8 Available to loan or distribute: UPC Holding Bank Facility € 242.4 $ 254.1 € 207.8 $ 217.8 Telenet Credit Facility € 555.0 $ 581.8 € 555.0 $ 581.8 VM Ireland Credit Facility € 82.3 $ 86.3 € 98.2 $ 102.9 (c) Unused borrowing capacity under the UPC Holding Bank Facility relates to an equivalent €713.6 million ($748.0 million) under the UPC Revolving Facility, part of which has been made available as an ancillary facility. With the exception of €22.8 million ($23.9 million) of borrowings under the ancillary facility, the UPC Revolving Facility was undrawn at June 30, 2022. (d) Unused borrowing capacity under the Telenet Credit Facility comprises (i) €510.0 million ($534.6 million) under the Telenet Revolving Facility I, (ii) €25.0 million ($26.2 million) under the Telenet Overdraft Facility and (iii) €20.0 million ($21.0 million) under the Telenet Revolving Facility, each of which were undrawn at June 30, 2022. (e) Unused borrowing capacity under the VM Ireland Credit Facility relates to €100.0 million ($104.8 million) under the VM Ireland Revolving Facility, which was undrawn at June 30, 2022. (f) Represents amounts owed to various creditors pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our property and equipment additions and operating expenses. These arrangements extend our repayment terms beyond a vendor’s original due dates (e.g., extension beyond a vendor’s customary payment terms, which are generally 90 days or less) and as such are classified outside of accounts payable as debt on our condensed consolidated balance sheets. These obligations are generally due within one year and include VAT that was also financed under these arrangements. For purposes of our condensed consolidated statements of cash flows, operating-related expenses financed by an intermediary are treated as constructive operating cash outflows and constructive financing cash inflows when the intermediary settles the liability with the vendor as there is no actual cash outflow until we pay the financing intermediary. During the six months ended June 30, 2022 and 2021, the constructive cash outflow included in cash flows from operating activities and the corresponding constructive cash inflow included in cash flows from financing activities related to these operating expenses was $231.3 million and $1,474.7 million, respectively. Repayments of vendor financing obligations at the time we pay the financing intermediary are included in repayments and repurchases of debt and finance lease obligations in our condensed consolidated statements of cash flows. (g) As of June 30, 2022 and December 31, 2021, our debt had an estimated fair value of $11.6 billion and $14.5 billion, respectively. The estimated fair values of our debt instruments are generally determined using the average of applicable bid and ask prices (mostly Level 1 of the fair value hierarchy). For additional information regarding fair value hierarchies, see note 7.
Maturities of Debt and Capital Lease Obligations	Maturities of our debt as of June 30, 2022 are presented below for the named entity and its subsidiaries, unless otherwise noted, and represent U.S. dollar equivalents based on June 30, 2022 exchange rates. UPC Holding (a) Telenet VM Ireland Other Total in millions Year ending December 31: 2022 (remainder of year) $ 199.9 $ 197.9 $ — $ 30.5 $ 428.3 2023 89.6 161.1 — 47.8 298.5 2024 — 10.5 — 15.0 25.5 2025 — 10.6 — 1.1 11.7 2026 — 10.7 — — 10.7 2027 — 10.9 — — 10.9 Thereafter 6,012.3 5,111.2 943.4 — 12,066.9 Total debt maturities (b) 6,301.8 5,512.9 943.4 94.4 12,852.5 Deferred financing costs, discounts and premiums, net (27.8) (10.9) (6.2) — (44.9) Total debt $ 6,274.0 $ 5,502.0 $ 937.2 $ 94.4 $ 12,807.6 Current portion $ 289.5 $ 358.6 $ — $ 55.6 $ 703.7 Long-term portion $ 5,984.5 $ 5,143.4 $ 937.2 $ 38.8 $ 12,103.9 _______________ (a) Amounts include certain senior secured notes issued by special purpose financing entities that are consolidated by UPC Holding and Liberty Global. (b) Amounts include vendor financing obligations of $731.6 million, as set forth below: Telenet UPC Other Total in millions Year ending December 31: 2022 (remainder of year) $ 197.2 $ 199.9 $ 30.5 $ 427.6 2023 150.5 89.6 47.8 287.9 2024 — — 15.0 15.0 2025 — — 1.1 1.1 Total vendor financing maturities $ 347.7 $ 289.5 $ 94.4 $ 731.6 Current portion $ 347.7 $ 289.5 $ 55.6 $ 692.8 Long-term portion $ — $ — $ 38.8 $ 38.8
Summary Of Vendor Financing Obligations	A reconciliation of the beginning and ending balances of our vendor financing obligations for the indicated periods is set forth below: 2022 2021 in millions Balance at January 1 $ 843.2 $ 1,099.6 Vendor financing obligations of the U.K. JV Entities at January 1 — 2,805.8 Balance at January 1, including amounts classified as held for sale 843.2 3,905.4 Operating-related vendor financing additions 231.3 1,474.7 Capital-related vendor financing additions 102.2 546.9 Principal payments on operating-related vendor financing (319.1) (1,143.9) Principal payments on capital-related vendor financing (78.5) (689.6) Foreign currency, acquisitions and other (47.5) (3,126.1) Balance at June 30 $ 731.6 $ 967.4

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Lease Balances	A summary of our ROU assets and lease liabilities is set forth below: June 30, December 31, 2021 in millions ROU assets: Finance leases (a) $ 377.7 $ 426.0 Operating leases (b) 1,733.3 1,327.8 Total ROU assets $ 2,111.0 $ 1,753.8 Lease liabilities: Finance leases (c) $ 440.8 $ 484.0 Operating leases (d) 1,775.6 1,364.8 Total lease liabilities $ 2,216.4 $ 1,848.8 _______________ (a) Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheets. At June 30, 2022, the weighted average remaining lease term for finance leases was 22.0 years and the weighted average discount rate was 6.0%. During the six months ended June 30, 2022 and 2021, we recorded non-cash additions to our finance lease ROU assets of $18.0 million and $19.5 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively. (b) Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheets. At June 30, 2022, the weighted average remaining lease term for operating leases was 13.5 years and the weighted average discount rate was 5.7%. During the six months ended June 30, 2022 and 2021, we recorded non-cash additions to our operating lease ROU assets of $664.1 million and $59.6 million (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction), respectively. For additional information regarding the non-cash additions to our operating lease ROU assets during the six months ended June 30, 2022 related to the Telenet Tower Lease Agreement, see note 4. (c) The current and long-term portions of our finance lease liabilities are included within current portion of debt and finance lease obligations and long-term debt and finance lease obligations, respectively, on our condensed consolidated balance sheets. (d) The current portions of our operating lease liabilities are included within other accrued and current liabilities on our condensed consolidated balance sheets. For additional information regarding the increase in our operating lease liabilities during the six months ended June 30, 2022 related to the Telenet Tower Lease Agreement, see note 4.
Lease Expense and Cash Outflows from Operating and Finance Leases	A summary of our aggregate lease expense is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Finance lease expense: Depreciation and amortization $ 18.3 $ 18.9 $ 34.8 $ 38.6 Interest expense 7.4 8.2 13.9 16.7 Total finance lease expense 25.7 27.1 48.7 55.3 Operating lease expense (a) 61.0 62.8 112.7 126.2 Short-term lease expense (a) 1.0 1.1 2.1 2.9 Variable lease expense (b) 0.4 0.4 1.5 1.2 Total lease expense $ 88.1 $ 91.4 $ 165.0 $ 185.6 _______________ (a) Our operating lease expense and short-term lease expense are included in programming and other direct costs of services, other operating expenses, SG&A expenses and impairment, restructuring and other operating items, net, in our condensed consolidated statements of operations. (b) Variable lease expense represents payments made to a lessor during the lease term that vary because of a change in circumstance that occurred after the lease commencement date. Variable lease payments are expensed as incurred and are included in other operating expenses in our condensed consolidated statements of operations. A summary of our cash outflows from operating and finance leases is set forth below: Six months ended 2022 2021 in millions Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflows from operating leases $ 120.2 $ 132.2 Operating cash outflows from finance leases (interest component) 13.9 16.7 Financing cash outflows from finance leases (principal component) 31.1 39.4 Total cash outflows from operating and finance leases $ 165.2 $ 188.3
Maturities of Operating Lease Liabilities	Maturities of our operating and finance lease liabilities as of June 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on June 30, 2022 exchange rates: Operating leases Finance in millions Year ending December 31: 2022 (remainder of year) $ 113.6 $ 45.6 2023 220.7 96.6 2024 206.3 61.8 2025 196.2 58.1 2026 187.3 53.1 2027 181.1 48.0 Thereafter 1,219.2 203.2 Total payments 2,324.4 566.4 Less: present value discount (548.8) (125.6) Present value of lease payments $ 1,775.6 $ 440.8 Current portion $ 131.2 $ 61.1 Long-term portion $ 1,644.4 $ 379.7
Maturities of Financing Lease Liabilities	Maturities of our operating and finance lease liabilities as of June 30, 2022 are presented below. Amounts represent U.S. dollar equivalents based on June 30, 2022 exchange rates: Operating leases Finance in millions Year ending December 31: 2022 (remainder of year) $ 113.6 $ 45.6 2023 220.7 96.6 2024 206.3 61.8 2025 196.2 58.1 2026 187.3 53.1 2027 181.1 48.0 Thereafter 1,219.2 203.2 Total payments 2,324.4 566.4 Less: present value discount (548.8) (125.6) Present value of lease payments $ 1,775.6 $ 440.8 Current portion $ 131.2 $ 61.1 Long-term portion $ 1,644.4 $ 379.7

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2022
Accrued Income Taxes [Abstract]
Income Tax Benefit (Expense) Reconciliation Table	Income tax expense attributable to our earnings from continuing operations before income taxes differs from the amounts computed using the applicable income tax rate as a result of the following factors: Three months ended Six months ended 2022 2021 2022 2021 in millions Computed “expected” tax expense (a) $ (445.7) $ (2,171.3) $ (665.5) $ (2,473.0) Non-deductible or non-taxable foreign currency exchange results 266.8 (39.1) 395.0 80.8 Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates (b) 198.2 (24.6) 260.4 (24.2) International rate differences (c) (75.5) (17.7) (116.4) (41.6) Non-deductible or non-taxable interest and other items (34.0) (22.8) (66.2) (38.4) Change in valuation allowances 21.7 (123.0) 35.6 (88.5) Tax benefit associated with technology innovation 5.5 5.7 11.3 11.5 Non-taxable gain associated with the U.K. JV Transaction — 2,116.2 — 2,116.2 Other, net (0.6) (0.2) 1.0 15.2 Total income tax expense $ (63.6) $ (276.8) $ (144.8) $ (442.0) _______________ (a) The statutory or “expected” tax rate is the U.K. rate of 19.0%. On June 10, 2021, legislation was enacted in the U.K. to increase the U.K. corporate income rate to 25.0% from April 1, 2023. The impact of this rate change on our deferred tax balances was recorded during the second quarter of 2021. Effective January 1, 2022, the enacted corporate income tax rate in the Netherlands increased from 25.0% to 25.8%. This change did not have a material impact on our consolidated financial statements. (b) Amounts reflect the net impact of differences in the treatment of income and loss items between financial reporting and tax accounting related to investments in subsidiaries and affiliates, including the effects of foreign earnings. (c) Amounts reflect adjustments (either a benefit or expense) to the “expected” tax

Share-based Compensation (Table

Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock-Based Compensation	A summary of our aggregate share-based compensation expense is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Liberty Global: Non-performance based incentive awards (a) $ 32.1 $ 59.4 $ 65.1 $ 84.8 Performance-based incentive awards (b) — 14.4 7.1 38.4 Other (c) 3.6 7.6 12.6 15.0 Total Liberty Global 35.7 81.4 84.8 138.2 Other 13.6 18.4 15.9 25.0 Total $ 49.3 $ 99.8 $ 100.7 $ 163.2 Included in: Other operating expense $ 2.1 $ 7.6 $ 2.4 $ 8.8 SG&A expense 47.2 92.2 98.3 154.4 Total $ 49.3 $ 99.8 $ 100.7 $ 163.2 _______________ (a) In April 2021, with respect to 2014 and 2015 grants, the compensation committee of our board of directors approved the extension of the expiration dates of outstanding share appreciation rights ( SARs ) and director options from a seven-year term to a ten-year term. Accordingly, the Black-Scholes fair values of the respective outstanding awards increased, resulting in the recognition of aggregate incremental share-based compensation expense of $22.7 million during the second quarter of 2021. (b) Includes share-based compensation expense related to (i) our 2019 Challenge Performance Awards and (ii) in the 2021 periods, performance-based restricted share units ( PSUs ) and our 2019 CEO Performance Award. (c) Represents annual incentive compensation and defined contribution plan liabilities that have been or are expected to be settled with Liberty Global ordinary shares. In the case of the annual incentive compensation, shares have been or will be issued to senior management and key employees pursuant to a shareholding incentive program. The shareholding incentive program allows these employees to elect to receive up to 100% of their annual incentive compensation in
Schedule of Stock Option Activity	The following table provides the aggregate number of options, SARs and performance-based share appreciation rights ( PSARs ) with respect to awards issued by Liberty Global that were (i) outstanding and (ii) exercisable as of June 30, 2022: Class A Class C Gross number of shares underlying option, SAR and PSAR awards (a) Weighted average exercise or base price Gross number of shares underlying option, SAR and PSAR awards (a) Weighted average exercise or base price Held by Liberty Global employees: Outstanding 25,600,244 $ 26.91 59,728,970 $ 26.06 Exercisable 17,948,634 $ 28.16 38,614,693 $ 27.07 Held by former Liberty Global employees (b): Outstanding 1,710,047 $ 31.22 4,379,677 $ 29.02 Exercisable 1,612,855 $ 31.78 4,185,327 $ 29.38 _______________ (a) Amounts represent the gross number of shares associated with option, SAR and PSAR awards issued to our current and former employees and our directors. Our company settles SARs and PSARs on a net basis when exercised by the award holder, whereby the number of shares issued represents the excess value of the award based on the market price of the respective Liberty Global shares at the time of exercise relative to the award’s exercise price. In addition, the number of shares issued is further reduced by the amount of the employee’s required income tax withholding. (b) Amounts represent certain share-based awards that continue to be held by former employees of Liberty Global subsequent to certain split-off or disposal transactions. Although future exercises of these awards by former employees will not result in the recognition of share-based compensation expense, such exercises will increase the number of our outstanding ordinary shares.
Schedule of Other Share Based Compensation Activity	The following table provides the aggregate number of restricted share units ( RSUs ) that were outstanding as of June 30, 2022. The number of shares to be issued on the vesting date of these awards will be reduced by the amount of the employee’s required income tax withholding. Class A Class B Class C Held by Liberty Global employees 2,092,020 7,890 4,183,450 Held by Former Liberty Global employees (a) 37,557 — 76,321 _______________
Schedule of Share-Based Compensation Expense	The estimated fair value of the final payouts under our Ventures Incentive Plans are shown below: Vesting date June 30, 2022 in millions 2021 Ventures Incentive Plan March 2024 $ 16.7 2022 Ventures Incentive Plan March 2025 9.7 Total $ 26.4

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The details of our basic and diluted weighted average ordinary shares outstanding are set forth below: Three months ended Six months ended 2022 2021 2022 2021 Weighted average ordinary shares outstanding (basic EPS computation) 501,406,664 557,051,920 510,811,156 566,033,344 Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method) 8,035,941 12,048,780 10,321,885 11,021,844 Weighted average ordinary shares outstanding (diluted EPS computation) 509,442,605 569,100,700 521,133,041 577,055,188 The details of our net earnings from continuing operations attributable to Liberty Global shareholders is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Earnings from continuing operations $ 2,282.2 $ 11,150.9 $ 3,357.9 $ 12,573.6 Net earnings from continuing operations attributable to noncontrolling interests (344.5) (46.3) (416.5) (101.2) Net earnings from continuing operations attributable to Liberty Global shareholders $ 1,937.7 $ 11,104.6 $ 2,941.4 $ 12,472.4
Schedule of Weighted Average Number of Shares	The details of our basic and diluted weighted average ordinary shares outstanding are set forth below: Three months ended Six months ended 2022 2021 2022 2021 Weighted average ordinary shares outstanding (basic EPS computation) 501,406,664 557,051,920 510,811,156 566,033,344 Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method) 8,035,941 12,048,780 10,321,885 11,021,844 Weighted average ordinary shares outstanding (diluted EPS computation) 509,442,605 569,100,700 521,133,041 577,055,188

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Unrecorded Purchase Obligation	The following table sets forth the U.S. dollar equivalents of such commitments as of June 30, 2022. The commitments included in this table do not reflect any liabilities that are included on our June 30, 2022 condensed consolidated balance sheet. Payments due during: Remainder 2023 2024 2025 2026 2027 Thereafter Total in millions Network and connectivity commitments $ 168.5 $ 215.6 $ 183.1 $ 142.5 $ 96.1 $ 92.5 $ 1,187.2 $ 2,085.5 Purchase commitments 293.1 231.4 52.9 30.0 11.4 0.5 0.5 619.8 Programming commitments 92.9 127.3 113.4 68.1 45.1 17.9 — 464.7 Other commitments 46.4 57.6 32.0 32.5 32.2 26.1 107.7 334.5 Total $ 600.9 $ 631.9 $ 381.4 $ 273.1 $ 184.8 $ 137.0 $ 1,295.4 $ 3,504.5

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting, Measurement Disclosures [Abstract]
Revenue and Operating Cash Flow by Segment	The amounts presented below represent 100% of each of our reportable segment’s revenue and Adjusted EBITDA. As we have the ability to control Telenet, we consolidate 100% of Telenet’s revenue and expenses in our condensed consolidated statements of operations despite the fact that third parties own a significant interest. The noncontrolling owners’ interests in the operating results of Telenet and other less significant majority-owned subsidiaries are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Similarly, despite only holding a 50% noncontrolling interest in both the VMO2 JV and the VodafoneZiggo JV, we present 100% of the revenue and Adjusted EBITDA of those entities in the tables below. Our share of the operating results of the VMO2 JV and the VodafoneZiggo JV are included in share of results of affiliates, net, in our condensed consolidated statements of operations. Revenue Three months ended Six months ended 2022 2021 2022 2021 in millions Switzerland $ 766.1 $ 825.4 $ 1,587.5 $ 1,667.2 Belgium 689.1 774.8 1,413.5 1,547.5 Ireland 121.5 134.1 249.3 270.2 U.K. (a) — 1,101.4 — 2,736.4 Central and Other 180.6 157.0 362.0 277.3 Intersegment eliminations (3.1) (3.5) (4.8) (9.5) Total $ 1,754.2 $ 2,989.2 $ 3,607.5 $ 6,489.1 VMO2 JV (b) $ 3,202.6 $ 1,208.5 $ 6,600.6 $ 1,208.5 VodafoneZiggo JV $ 1,065.6 $ 1,215.3 $ 2,195.6 $ 2,432.3 _______________ (a) The 2021 amounts represent the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction. (b) The 2021 amounts represent the revenue of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. Adjusted EBITDA Three months ended Six months ended 2022 2021 2022 2021 in millions Switzerland $ 276.5 $ 298.5 $ 577.7 $ 580.1 Belgium 330.3 389.6 670.7 761.4 Ireland 52.0 54.0 102.9 101.6 U.K. (a) — 444.9 — 1,085.3 Central and Other (9.4) 9.6 (16.8) (16.7) Intersegment eliminations (b) 0.4 2.5 (0.4) 3.6 Total $ 649.8 $ 1,199.1 $ 1,334.1 $ 2,515.3 VMO2 JV (c) $ 1,059.4 $ 411.0 $ 2,454.7 $ 411.0 VodafoneZiggo JV $ 490.9 $ 570.1 $ 1,028.7 $ 1,135.3 _______________ (a) The 2021 amounts represent the Adjusted EBITDA of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction. (b) Amounts relate to transactions between our continuing and discontinued operations. (c) The 2021 amounts represent the Adjusted EBITDA of the VMO2 JV for the period from June 1, 2021 through June 30, 2021. The following table provides a reconciliation of earnings from continuing operations to Adjusted EBITDA: Three months ended Six months ended 2022 2021 2022 2021 in millions Earnings from continuing operations $ 2,282.2 $ 11,150.9 $ 3,357.9 $ 12,573.6 Income tax expense 63.6 276.8 144.8 442.0 Other income, net (26.6) (7.3) (38.5) (17.4) Gain on U.K. JV Transaction — (11,138.0) — (11,138.0) Gain on Telenet Tower Sale (693.3) — (693.3) — Share of results of affiliates, net (81.1) 8.1 (311.6) 6.4 Losses (gains) on debt extinguishment, net (2.8) 90.6 (2.8) 90.6 Realized and unrealized losses (gains) due to changes in fair values of certain investments, net 112.0 (288.1) 205.6 (482.7) Foreign currency transaction gains, net (1,148.7) (131.4) (1,723.7) (435.2) Realized and unrealized losses (gains) on derivative instruments, net (613.7) 303.1 (1,122.2) (508.1) Interest expense 132.9 272.5 267.1 607.2 Operating income 24.5 537.2 83.3 1,138.4 Impairment, restructuring and other operating items, net 58.3 6.8 67.7 51.2 Depreciation and amortization 517.7 555.3 1,082.4 1,162.5 Share-based compensation expense 49.3 99.8 100.7 163.2 Adjusted EBITDA $ 649.8 $ 1,199.1 $ 1,334.1 $ 2,515.3
Property and Equipment Additions of our Reportable Segments	The property and equipment additions of our reportable segments (including capital additions financed under capital-related vendor financing or finance lease arrangements) are presented below and reconciled to the capital expenditure amounts included in our condensed consolidated statements of cash flows. For additional information concerning capital additions financed under vendor financing and finance lease arrangements, see notes 8 and 10, respectively. Six months ended 2022 2021 in millions Switzerland $ 255.1 $ 278.2 Belgium 291.5 291.2 Ireland 50.2 43.3 U.K. (a) — 557.4 Central and Other (b) 121.1 151.0 Total property and equipment additions 717.9 1,321.1 Assets acquired under capital-related vendor financing arrangements (102.2) (546.9) Assets acquired under finance leases (18.0) (19.5) Changes in current liabilities related to capital expenditures 36.5 87.7 Total capital expenditures, net $ 634.2 $ 842.4 Property and equipment additions: VMO2 JV (c) $ 1,348.6 $ 226.3 VodafoneZiggo JV $ 472.5 $ 510.4 _______________ (a) The 2021 amount represents the property and equipment additions of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction. (b) Includes (i) property and equipment additions representing centrally-owned assets that benefit our operating segments, (ii) the net impact of certain centrally-procured network equipment that is ultimately transferred to our operating segments and (iii) property and equipment additions of our operations in Slovakia. (c) The 2021 amount represents the property and equipment additions of the VMO2 JV for the period from June 1, 2021 through June 30, 2021.
Revenue by Major Category	Our revenue by major category for our consolidated reportable segments is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Residential revenue: Residential fixed revenue (a): Subscription revenue (b): Broadband internet $ 341.2 $ 739.3 $ 701.4 $ 1,642.1 Video 269.4 560.5 555.9 1,234.9 Fixed-line telephony 95.6 268.0 199.5 621.1 Total subscription revenue 706.2 1,567.8 1,456.8 3,498.1 Non-subscription revenue 27.2 46.6 52.8 102.4 Total residential fixed revenue 733.4 1,614.4 1,509.6 3,600.5 Residential mobile revenue (c): Subscription revenue (b) 347.0 414.8 700.2 895.3 Non-subscription revenue 115.8 197.0 261.1 477.2 Total residential mobile revenue 462.8 611.8 961.3 1,372.5 Total residential revenue 1,196.2 2,226.2 2,470.9 4,973.0 B2B revenue (d): Subscription revenue 127.3 183.3 260.2 343.0 Non-subscription revenue 209.3 374.1 430.7 803.9 Total B2B revenue 336.6 557.4 690.9 1,146.9 Other revenue (e) 221.4 205.6 445.7 369.2 Total $ 1,754.2 $ 2,989.2 $ 3,607.5 $ 6,489.1 _______________ (a) Residential fixed subscription revenue includes amounts received from subscribers for ongoing services and the recognition of deferred installation revenue over the associated contract period. Residential fixed non-subscription revenue includes, among other items, channel carriage fees, late fees and revenue from the sale of equipment. (b) Residential subscription revenue from subscribers who purchase bundled services at a discounted rate is generally allocated proportionally to each service based on the standalone price for each individual service. As a result, changes in the standalone pricing of our fixed and mobile products or the composition of bundles can contribute to changes in our product revenue categories from period to period. (c) Residential mobile subscription revenue includes amounts received from subscribers for ongoing services. Residential mobile non-subscription revenue includes, among other items, interconnect revenue and revenue from sales of mobile handsets and other devices. (d) B2B subscription revenue represents revenue from (i) services provided to certain small or home office ( SOHO ) subscribers and (ii) mobile services provided to medium and large enterprises. SOHO subscribers pay a premium price to receive expanded service levels along with broadband internet, video, fixed-line telephony or mobile services that are the same or similar to the mass marketed products offered to our residential subscribers. B2B non-subscription revenue includes (a) revenue from business broadband internet, video, fixed-line telephony and data services offered to medium and large enterprises and, fixed-line and mobile services on a wholesale basis, to other operators and (b) revenue from long-term leases of portions of our network. (e) Other revenue includes, among other items, (i) revenue earned from the U.K. JV Services, the NL JV Services and the sale of customer premises equipment to the VodafoneZiggo JV, (ii) broadcasting revenue in Belgium and Ireland and (iii) revenue earned from transitional and other services provided to various third parties.
Geographic Segments	The revenue of our geographic segments is set forth below: Three months ended Six months ended 2022 2021 2022 2021 in millions Switzerland $ 766.1 $ 825.4 $ 1,587.5 $ 1,667.2 Belgium 689.1 774.8 1,413.5 1,547.5 Ireland 121.5 134.1 249.3 270.2 Slovakia 12.4 13.3 25.3 26.3 U.K. (a) — 1,101.4 — 2,736.4 Other, including intersegment eliminations 165.1 140.2 331.9 241.5 Total $ 1,754.2 $ 2,989.2 $ 3,607.5 $ 6,489.1 VMO2 JV (U.K.) (b) $ 3,202.6 $ 1,208.5 $ 6,600.6 $ 1,208.5 VodafoneZiggo JV (Netherlands) $ 1,065.6 $ 1,215.3 $ 2,195.6 $ 2,432.3 ______________ (a) The 2021 amounts represent the revenue of the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction.

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details)	6 Months Ended
	Jun. 30, 2022	Jun. 01, 2021
Telenet
Schedule of Equity Method Investments [Line Items]
Percentage ownership in subsidiary	61.10%
VodafoneZiggo JV
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50%
Co-venturer ownership percentage	50%
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50%	50%
Co-venturer ownership percentage	50%
Telefonica
Schedule of Equity Method Investments [Line Items]
Co-venturer ownership percentage	50%
Vodafone Group Inc.
Schedule of Equity Method Investments [Line Items]
Co-venturer ownership percentage	50%

Revenue Recognition and Relat_2

Revenue Recognition and Related Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Trade receivables, allowance for doubtful accounts	$ 39		$ 39		$ 42
Contract assets	27.7		27.7		29.7
Deferred revenue	324.7		324.7		286.5
Revenue recognized					181.5
Aggregate assets associated with incremental costs to obtain a contract and contract fulfillment costs	65.7		65.7		$ 63.4
Amortization related to contract costs	$ 4.2	$ 24.8	$ 8.6	$ 71.8
Residential Service | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	12 months		12 months
Mobile Services | Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	1 year		1 year
Mobile Services | Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	3 years		3 years
B2B Services | Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	1 year		1 year
B2B Services | Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	5 years		5 years

Acquisitions and Dispositions_2

Acquisitions and Dispositions (Narrative) (Details) € in Millions, zł in Millions, $ in Millions				3 Months Ended		6 Months Ended
	Apr. 01, 2022 USD ($)	Apr. 01, 2022 PLN (zł)	Jun. 01, 2021 USD ($)	Jun. 30, 2022 USD ($) site	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) site	Jun. 30, 2021 USD ($)	Jun. 01, 2022 USD ($)	Jun. 01, 2022 EUR (€)	Dec. 31, 2021 USD ($)
Business Acquisition [Line Items]
Cash received in connection with the sale of UPC Poland						$ 1,568.1	$ 0
Gain on disposal of discontinued operations, net of taxes				$ 848.9	$ 0	848.9	0
Gain on Telenet Tower Sale (note 4)				693.3	0	693.3	0
Operating leases				1,775.6		1,775.6		$ 615.1		$ 1,364.8
Operating asset				1,733.3		1,733.3		$ 615.1		$ 1,327.8
Term of leases				2,324.4		2,324.4
Net cash received in connection with the U.K. JV Transaction			$ 0				52
Share of results of affiliates, net				$ 81.1	(8.1)	$ 311.6	(6.4)
Telenet tower lease agreement
Business Acquisition [Line Items]
Number of sites | site				475		475
Term of leases				$ 102.2		$ 102.2
Telenet
Business Acquisition [Line Items]
Term of contract								15 years	15 years
VMO2 JV
Business Acquisition [Line Items]
Ownership percentage			50%	50%		50%
Share of results of affiliates, net				$ 30.8	(0.3)	$ 217.9	(0.3)
U.K. J.V. Entities
Business Acquisition [Line Items]
Share of results of affiliates, net					168.9		890.5
U.K. JV Transaction
Business Acquisition [Line Items]
Gain on U.K. JV transaction			$ 11,100	0	$ 11,138	$ 0	$ 11,138
Net cash received in connection with the U.K. JV Transaction			52
Repayments of long-term loans from vendors			44.5
Cumulative foreign currency translation loss			$ 1,200
Disposed of by sale | Telenet
Business Acquisition [Line Items]
Total enterprise value								$ 779.9	€ 733
Disposed of by sale | UPC Poland
Business Acquisition [Line Items]
Ownership percentage sold	100%	100%
Cash received in connection with the sale of UPC Poland	$ 1,568.1	zł 6,590.4
Cumulative foreign currency translation gain (loss)	$ 10.9
Term of transitional services						5 years
Revenue from transitional services				$ 8.8

Acquisitions and Dispositions_3

Acquisitions and Dispositions (Classes of Assets and Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets:
Current assets	$ 0	$ 925
Disposed of by sale | UPC Poland
Assets:
Current assets		23.4
Property and equipment, net		406.8
Goodwill		464.7
Other assets, net		30.1
Total assets		925
Liabilities:
Current portion of debt and finance lease obligations		42.7
Other accrued and current liabilities		97.3
Long-term debt and finance lease obligations		5
Other long-term liabilities		56.3
Total liabilities		$ 201.3

Acquisitions and Dispositions_4

Acquisitions and Dispositions (Intercompany Revenue and Expenses) (Details) - UPC Poland - Disposed of by sale - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	$ 116.3	$ 109.5	$ 231.7
Operating income	28.3	45	52.4
Earnings before income taxes	29.6	43.9	52.5
Income tax expense	(6)	(9.3)	(11.3)
Net earnings attributable to Liberty Global shareholders	$ 23.6	$ 34.6	$ 41.2

Acquisitions and Dispositions_5

Acquisitions and Dispositions (Identifiable Assets and Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Jun. 01, 2021
Schedule of Equity Method Investments [Line Items]
Current assets	$ 5,604.5	$ 5,940.5
Property and equipment, net	6,325	6,981.5
Goodwill	8,997.5	9,523.4
Intangible assets subject to amortization, net	2,017.5	2,342.5
Other assets, net	3,499.9	2,426.1
Current portion of debt and finance lease obligations	(764.8)	(850.3)
Long-term debt and finance lease obligations	(12,483.6)	(13,974.8)
Other long-term liabilities	$ (1,639.7)	$ (2,033.3)
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Current assets			$ 4,186.7
Property and equipment, net			12,523.2
Goodwill			29,502.7
Intangible assets subject to amortization, net			13,274.6
Other assets, net			4,116.2
Current portion of debt and finance lease obligations			(4,352.5)
Other accrued and current liabilities			(5,780.8)
Long-term debt and finance lease obligations			(21,879.2)
Other long-term liabilities			(2,170.9)
Total fair value of the net assets of the VMO2 JV			$ 29,420

Investments (Schedule of Invest

Investments (Schedule of Investments) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Jun. 01, 2021
Schedule of Investments [Line Items]
Equity	$ 15,419	$ 16,945.2
Short-term, separately-managed accounts (SMAs)	1,527	2,269.6
Long-term, SMAs	297.2	531.7
Total investments	3,823.2	5,027.4
Total investments	19,242.2	21,972.6
Short-term investments	1,527	2,269.6
Long-term investments	17,715.2	19,703
Accrued interest	5	5.1
VMO2 JV
Schedule of Investments [Line Items]
Equity	$ 12,477.2	13,774.7
Ownership percentage	50%		50%
VodafoneZiggo JV
Schedule of Investments [Line Items]
Equity	$ 2,333.9	2,572.4
Ownership percentage	50%
VodafoneZiggo JV | VodafoneZiggo JV Loan
Schedule of Investments [Line Items]
Excess of carrying amount over proportional share in investees net assets	$ 1,179.2	1,236
Related party note receivable rate	5.55%
Interest accrued	$ 27.8
VodafoneZiggo JV | VodafoneZiggo JV Receivable I
Schedule of Investments [Line Items]
Related party note receivable	733.8	797.1
VodafoneZiggo JV | VodafoneZiggo JV Receivable II
Schedule of Investments [Line Items]
Related party note receivable	217.9	236.7
Atlas Edge JV
Schedule of Investments [Line Items]
Equity	$ 143.3	163.7
Ownership percentage	50%
All3Media
Schedule of Investments [Line Items]
Equity	$ 142.4	143.7
Ownership percentage	50%
Formula E
Schedule of Investments [Line Items]
Equity	$ 104.6	115.9
Ownership percentage	35.90%
Other
Schedule of Investments [Line Items]
Equity	$ 217.6	174.8
Long-term investments at fair value	365.3	378.1
Televisa Univision
Schedule of Investments [Line Items]
Long-term, SMAs	$ 385.5	385.5
Ownership percentage	6.30%
ITV
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 316.7	596.3
Ownership percentage	9.90%
Lacework Inc. (Lacework)
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 269.1	269.1
Ownership percentage	3.30%
Plume Design, Inc. (Plume)
Schedule of Investments [Line Items]
Long-term, SMAs	$ 188.8	188.8
Ownership percentage	11.50%
EdgeConneX Inc. (EdgeConneX)
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 173.1	138.7
Ownership percentage	5.10%
Pax8
Schedule of Investments [Line Items]
Long-term, SMAs	$ 99	14.7
Ownership percentage	5.90%
Aviatrix Systems, Inc.
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 78.2	78.2
Ownership percentage	3.80%
CANAL+ Polska S.A.
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 63.5	70.8
Ownership percentage	17%
Lionsgate
Schedule of Investments [Line Items]
Long-term investments at fair value	$ 59.8	$ 105.9
Ownership percentage	2.90%

Investments (Equity Method Inve

Investments (Equity Method Investments) (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ 81.1		$ (8.1)		$ 311.6	$ (6.4)
Revenue	1,754.2		2,989.2		3,607.5	6,489.1
Earnings (loss) before income taxes	2,345.8		11,427.7		3,502.7	13,015.6
Net earnings (loss)	3,131.1	$ 1,110.3	11,174.5	$ 1,440.3	4,241.4	12,614.8
VodafoneZiggo JV
Schedule of Equity Method Investments [Line Items]
Earnings (loss) before income taxes	225.7		(19.6)		352.7	(41)
Net earnings (loss)	146.6		(15.5)		218.9	(31.6)
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Revenue					6,600.6
Earnings (loss) before income taxes	89.1		(168.5)		467.7	(168.5)
Net earnings (loss)	88.4		(34.6)		406.5	(34.6)
VMO2 JV
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ 30.8		(0.3)		$ 217.9	(0.3)
Percent of remaining results of operations included in investment	50%				50%
Percentage of share based compensation expense	100%				100%
Revenue	$ 3,202.6		1,208.5		$ 6,600.6	1,208.5
VodafoneZiggo JV
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ 83.4		4.7		$ 132	9.4
Percent of remaining results of operations included in investment	50%				50%
Percent of interest income earned on loan included in investment	100%				100%
Revenue	$ 1,065.6		1,215.3		$ 2,195.6	2,432.3
All3Media
Schedule of Equity Method Investments [Line Items]
Equity method investment	(12.2)		(5.8)		(16.9)	(14.8)
Atlas Edge JV
Schedule of Equity Method Investments [Line Items]
Equity method investment	(5.1)		0		(8.1)	0
Formula E
Schedule of Equity Method Investments [Line Items]
Equity method investment	(9.6)		(4.3)		(1.7)	4.4
Other, net
Schedule of Equity Method Investments [Line Items]
Equity method investment	$ (6.2)		$ (2.4)		$ (11.6)	$ (5.1)

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Jun. 01, 2021
Schedule of Investments [Line Items]
Revenue		$ 1,754.2	$ 2,989.2	$ 3,607.5	$ 6,489.1
Dividends received from the VMO2 JV				152.2	0
Proceeds from sale of debt securities		2,300	1,400	4,900	2,900
Realized net losses		$ (2.7)	(0.3)	$ (6.1)	(1.6)
VMO2 JV
Schedule of Investments [Line Items]
Co-venturer ownership percentage		50%		50%
Ownership percentage		50%		50%			50%
Revenue		$ 3,202.6	1,208.5	$ 6,600.6	1,208.5
Due from related party		27		27		$ 43.3
Dividends received from the VMO2 JV				152.2
VMO2 JV | Telefonica
Schedule of Investments [Line Items]
Co-venturer ownership percentage							50%
VMO2 JV | Liberty Global
Schedule of Investments [Line Items]
Co-venturer ownership percentage							50%
UK JV Services
Schedule of Investments [Line Items]
Revenue	$ 24.2	63.9		132.6
JV Services
Schedule of Investments [Line Items]
Revenue		$ 57.3	65.1	$ 117.3	115.8
VodafoneZiggo JV
Schedule of Investments [Line Items]
Co-venturer ownership percentage		50%		50%
Ownership percentage		50%		50%
Revenue		$ 1,065.6	$ 1,215.3	$ 2,195.6	2,432.3
Dividends received from the VMO2 JV		142.4			$ 136.8
VodafoneZiggo JV | Equity Method Investee
Schedule of Investments [Line Items]
Due from related party		$ 36.4		$ 36.4		$ 62.5

Investments (Fair Value Realize

Investments (Fair Value Realized and Unrealized Losses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	$ (112)	$ 288.1	$ (205.6)	$ 482.7
ITV
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	(112.2)	29.7	(279.6)	109.5
Pax8
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	0	0	79.3	0
Lionsgate
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	(43.6)	36.8	(46.1)	57.6
EdgeConneX Inc. (EdgeConneX)
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	29	4.7	42.5	17.8
Skillz Inc. (Skillz)
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	(7.6)	21.3	(33.7)	21.3
Televisa Univision
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	21.4	155.4	31.8	155.4
Plume Design, Inc. (Plume)
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	0	0	0	55.1
Lacework Inc. (Lacework)
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	0	48.8	0	48.8
Other
Net Investment Income [Line Items]
Realized and unrealized gains (losses)	1	$ (8.6)	0.2	$ 17.2
Gain on sale of investment	$ 11.7		$ 12

Investments (Debt Securities) (

Investments (Debt Securities) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	$ 1,835.4	$ 2,806.3
Accumulated unrealized losses	(11.2)	(5)
Fair value	1,824.2	2,801.3
Contractual maturity:
Due in one year or less	1,527
Due in one to five years	295.4
Due in five to ten years	1.7
Due after ten years	0.1
Fair value	1,824.2	2,801.3
Government bonds
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	510.7	655.9
Accumulated unrealized losses	(3.5)	(3.3)
Fair value	507.2	652.6
Contractual maturity:
Fair value	507.2	652.6
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	510.5	705.5
Accumulated unrealized losses	(7.3)	(1.6)
Fair value	503.2	703.9
Contractual maturity:
Fair value	503.2	703.9
Commercial paper
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	437.9	897.4
Accumulated unrealized losses	0	0
Fair value	437.9	897.4
Contractual maturity:
Fair value	437.9	897.4
Certificates of deposit
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	314.4	355.5
Accumulated unrealized losses	(0.4)	(0.1)
Fair value	314	355.4
Contractual maturity:
Fair value	314	355.4
Other debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost basis	61.9	192
Accumulated unrealized losses	0	0
Fair value	61.9	192
Contractual maturity:
Fair value	$ 61.9	$ 192
Weighted Average
Contractual maturity:
Weighted average life	6 months

Derivative Instruments (Fair Va

Derivative Instruments (Fair Values of Derivative Assets and Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Asset
Current	$ 197		$ 197		$ 244.3
Long-term	1,099		1,099		278.1
Total	1,296		1,296		522.4
Liabilities
Current	207.9		207.9		221.8
Long-term	312.8		312.8		670.2
Total	520.7		520.7		892
Cross-currency and interest rate derivative contracts
Asset
Current	188.6		188.6		214.9
Long-term	984.9		984.9		164.3
Total	1,173.5		1,173.5		379.2
Liabilities
Current	199.9		199.9		208.8
Long-term	312.8		312.8		670.2
Total	512.7		512.7		879
Gain (loss) in changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts	4.8	$ 38.2	9.3	$ (0.8)
Equity-related derivative instruments
Asset
Current	0		0		0
Long-term	114.1		114.1		113.8
Total	114.1		114.1		113.8
Foreign currency forward and option contracts
Asset
Current	8.1		8.1		28.4
Long-term	0		0		0
Total	8.1		8.1		28.4
Liabilities
Current	8		8		13
Long-term	0		0		0
Total	8		8		13
Other
Asset
Current	0.3		0.3		1
Long-term	0		0		0
Total	$ 0.3		$ 0.3		$ 1

Derivative Instruments (Realize

Derivative Instruments (Realized and Unrealized Gains (Losses) on Derivatives) (Schedule and Footnotes) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ 613.7	$ (303.1)	$ 1,122.2	$ 508.1
Cross-currency and interest rate derivative contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	619	(297.5)	1,091.3	487.1
Foreign currency forward and option contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(5.1)	(6.8)	31.3	(4.7)
Equity-related derivative instruments
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0.1	(1)	0.3	23.5
ITV Collar
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0	(1.2)	0	(11.8)
Other
Derivative [Line Items]
Gain (loss) on derivative instruments, net	0.1	0.2	0.3	35.3
Other
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ (0.3)	$ 2.2	$ (0.7)	$ 2.2

Derivative Instruments (Net Cas

Derivative Instruments (Net Cash Received (Paid) Related to Derivatives) (Schedule) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Operating activities	$ (6.7)	$ (0.4)
Investing activities	40.9	(52.1)
Financing activities	(50)	22.9
Total	$ (15.8)	$ (29.6)

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Derivative assets	$ 1,296	$ 522.4
Counterparty Credit Risk
Derivative [Line Items]
Derivative assets	779.1
Interest Rate Caps
Derivative [Line Items]
Notional amount	1,200
Interest Rate Collars
Derivative [Line Items]
Notional amount	7,400
Foreign currency forward and option contracts
Derivative [Line Items]
Derivative assets	8.1	$ 28.4
Notional amount	$ 559.6

Derivative Instruments (Cross-c

Derivative Instruments (Cross-currency Derivative Contracts) (Details) - 6 months ended Jun. 30, 2022 € in Millions, SFr in Millions, $ in Millions	USD ($)	EUR (€)	CHF (SFr)
UPC Holding | Cross-Currency Swap 1
Derivative [Line Items]
Weighted average remaining life	3 years 3 months 18 days
UPC Holding | Cross-Currency Swap 2
Derivative [Line Items]
Weighted average remaining life	6 years
UPC Holding | Cross-Currency Swap 3
Derivative [Line Items]
Weighted average remaining life	3 years 7 months 6 days
UPC Holding | Cross-Currency Swap 6
Derivative [Line Items]
Weighted average remaining life	6 months
Telenet | Cross-Currency Swap 7
Derivative [Line Items]
Weighted average remaining life	4 years 7 months 6 days
Telenet | Cross-Currency Swap 8
Derivative [Line Items]
Weighted average remaining life	2 years 7 months 6 days
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 1
Derivative [Line Items]
Notional amount | $	$ 250
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 2
Derivative [Line Items]
Notional amount | $	4,475
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 3
Derivative [Line Items]
Notional amount		€ 2,650
Notional amount due from counterparty | UPC Holding | Cross-Currency Swap 6
Derivative [Line Items]
Notional amount | SFr			SFr 740
Notional amount due from counterparty | Telenet | Cross-Currency Swap 7
Derivative [Line Items]
Notional amount | $	3,940
Notional amount due from counterparty | Telenet | Cross-Currency Swap 8
Derivative [Line Items]
Notional amount		45.2
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 1
Derivative [Line Items]
Notional amount		220.6
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 2
Derivative [Line Items]
Notional amount | SFr			4,098.2
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 3
Derivative [Line Items]
Notional amount | SFr			SFr 2,970.1
Notional amount due to counterparty | UPC Holding | Cross-Currency Swap 6
Derivative [Line Items]
Notional amount		701.1
Notional amount due to counterparty | Telenet | Cross-Currency Swap 7
Derivative [Line Items]
Notional amount		€ 3,489.6
Notional amount due to counterparty | Telenet | Cross-Currency Swap 8
Derivative [Line Items]
Notional amount | $	$ 50

Derivative Instruments (Interes

Derivative Instruments (Interest Rate Swap Contracts and Options) (Details) - Notional amount - Interest Rate Swap $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
UPC Holding
Derivative [Line Items]
Notional amount	$ 5,751.9
Weighted average remaining life	2 years 9 months 18 days
Telenet
Derivative [Line Items]
Notional amount	$ 2,892.1
Weighted average remaining life	2 years 9 months 18 days
UPC Holding
Derivative [Line Items]
Notional amount	$ 3,345
Weighted average remaining life	4 years 2 months 12 days
Telenet
Derivative [Line Items]
Notional amount	$ 1,364.9
Weighted average remaining life	1 year 3 months 18 days

Derivative Instruments (Basis S

Derivative Instruments (Basis Swaps, Interest Rate Caps and Collars) (Details) - Basis Swaps $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
UPC Holding
Derivative [Line Items]
Weighted average remaining life	6 months
Telenet
Derivative [Line Items]
Weighted average remaining life	6 months
Notional amount due from counterparty | UPC Holding
Derivative [Line Items]
Notional amount	$ 2,582
Notional amount due from counterparty | Telenet
Derivative [Line Items]
Notional amount	$ 2,295

Derivative Instruments (Impact

Derivative Instruments (Impact of Derivative Instruments on Borrowing Costs) (Details)	Jun. 30, 2022
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(0.91%)
UPC Holding
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(1.29%)
Telenet
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	(0.64%)
VM Ireland
Derivative [Line Items]
Impact of derivative instruments on borrowing costs	0.15%

Fair Value Measurements (Detail

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

Fair Value Measurements (Summar

Fair Value Measurements (Summary of Assets and Liabilities at Fair Value) (Schedule) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	$ 1,296	$ 522.4
SMAs	1,824.2	2,801.3
Other investments	1,999	2,226.1
Total investments	3,823.2	5,027.4
Total assets	5,119.2	5,549.8
Derivative liability	520.7	892
Total liabilities	520.7	892
Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
SMAs	502.5	672.1
Other investments	383.3	747.9
Total investments	885.8	1,420
Total assets	885.8	1,420
Total liabilities	0	0
Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	1,181.9	389.2
SMAs	1,321.7	2,124.2
Other investments	63.5	70.8
Total investments	1,385.2	2,195
Total assets	2,567.1	2,584.2
Total liabilities	520.7	859.3
Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	114.1	133.2
SMAs	0	5
Other investments	1,552.2	1,407.4
Total investments	1,552.2	1,412.4
Total assets	1,666.3	1,545.6
Total liabilities	0	32.7
Cross-currency and interest rate derivative contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	1,173.5	379.2
Derivative liability	512.7	879
Cross-currency and interest rate derivative contracts | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Derivative liability	0	0
Cross-currency and interest rate derivative contracts | Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	1,173.5	379.2
Derivative liability	512.7	846.3
Cross-currency and interest rate derivative contracts | Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Derivative liability	0	32.7
Equity-related derivative instruments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	114.1	113.8
Equity-related derivative instruments | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Equity-related derivative instruments | Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Equity-related derivative instruments | Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	114.1	113.8
Foreign currency forward and option contracts
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	8.1	28.4
Derivative liability	8	13
Foreign currency forward and option contracts | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Derivative liability	0	0
Foreign currency forward and option contracts | Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	8.1	9
Derivative liability	8	13
Foreign currency forward and option contracts | Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	19.4
Derivative liability	0	0
Other
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.3	1
Other | Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Other | Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0.3	1
Other | Significant unobservable inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	$ 0	$ 0

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Reconciliation) (Schedule and Footnote) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance of net assets	$ 1,512.9
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0.3
Realized and unrealized gains due to changes in fair values of certain investments, net	162.1
Additions	62.2
Dispositions	(30.2)
Transfers out of Level 3	13.3
Foreign currency translation adjustments and other, net	(54.3)
Ending balance of net assets	1,666.3
Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance of net assets	1,412.4
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0
Realized and unrealized gains due to changes in fair values of certain investments, net	162.1
Additions	62.2
Dispositions	(30.2)
Transfers out of Level 3	0
Foreign currency translation adjustments and other, net	(54.3)
Ending balance of net assets	1,552.2
Cross-currency, interest rate and foreign currency derivative contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance of net assets	(13.3)
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0
Realized and unrealized gains due to changes in fair values of certain investments, net	0
Additions	0
Dispositions	0
Transfers out of Level 3	13.3
Foreign currency translation adjustments and other, net	0
Ending balance of net assets	0
Equity-related derivative instruments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance of net assets	113.8
Gains included in earnings from continuing operations
Realized and unrealized gains on derivative instruments, net	0.3
Realized and unrealized gains due to changes in fair values of certain investments, net	0
Additions	0
Dispositions	0
Transfers out of Level 3	0
Foreign currency translation adjustments and other, net	0
Ending balance of net assets	$ 114.1

Long-lived Assets (Schedule of

Long-lived Assets (Schedule of PP&E) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 14,006.8	$ 15,062.5
Accumulated depreciation	(7,681.8)	(8,081)
Total property and equipment, net	6,325	6,981.5
Distribution systems
Property, Plant and Equipment [Line Items]
Property and equipment gross	8,945	9,472.8
Support equipment, buildings and land
Property, Plant and Equipment [Line Items]
Property and equipment gross	3,768	4,310.5
Customer premises equipment
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 1,293.8	$ 1,279.2

Long-lived Assets (Narrative) (

Long-lived Assets (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Line Items]
Value added tax, vendor financing arrangement	$ 9.8	$ 74
Vendor financing
Property, Plant and Equipment [Line Items]
Capital-related vendor financing additions	$ 102.2	$ 546.9

Long-lived Assets (Schedule o_2

Long-lived Assets (Schedule of Changes in Carrying Amount of Goodwill) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Goodwill [Roll Forward]
Goodwill beginning balance	$ 9,523.4
Foreign currency translation adjustments and other	(525.9)
Goodwill ending balance	8,997.5
Switzerland
Goodwill [Roll Forward]
Goodwill beginning balance	6,590.5
Foreign currency translation adjustments and other	(293)
Goodwill ending balance	6,297.5
Belgium
Goodwill [Roll Forward]
Goodwill beginning balance	2,591.8
Foreign currency translation adjustments and other	(205.8)
Goodwill ending balance	2,386
Ireland
Goodwill [Roll Forward]
Goodwill beginning balance	275.9
Foreign currency translation adjustments and other	(21.8)
Goodwill ending balance	254.1
Central and Other
Goodwill [Roll Forward]
Goodwill beginning balance	65.2
Foreign currency translation adjustments and other	(5.3)
Goodwill ending balance	$ 59.9

Long-lived Assets (Schedule o_3

Long-lived Assets (Schedule of Intangible Assets Subject to Amortization, Net) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Gross carrying amount	$ 3,176.9	$ 3,370.5
Accumulated amortization	(1,159.4)	(1,028)
Net carrying amount	2,017.5	2,342.5
Customer relationships
Property, Plant and Equipment [Line Items]
Gross carrying amount	2,206.9	2,336.2
Accumulated amortization	(730.2)	(602.2)
Net carrying amount	1,476.7	1,734
Other
Property, Plant and Equipment [Line Items]
Gross carrying amount	970	1,034.3
Accumulated amortization	(429.2)	(425.8)
Net carrying amount	$ 540.8	$ 608.5

Debt (Components of Debt) (Deta

Debt (Components of Debt) (Details) € in Millions, $ in Millions	Jun. 30, 2022 USD ($)	Jun. 30, 2022 EUR (€)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)
Debt Instrument [Line Items]
Weighted average interest rate	3.96%	3.96%
Unused borrowing capacity, amount	$ 1,434.6
Total debt before deferred financing costs, discounts and premiums	12,852.5		$ 14,398.8
Deferred financing costs, discounts and premiums, net	(44.9)		(57.7)
Total carrying amount of debt	12,807.6		14,341.1
Finance lease obligations	440.8		484
Total debt and finance lease obligations	13,248.4		14,825.1
Current portion of debt and finance lease obligations	(764.8)		(850.3)
Long-term debt and finance lease obligations	$ 12,483.6		13,974.8
UPC Holding Bank Facility
Debt Instrument [Line Items]
Weighted average interest rate	4.09%	4.09%
Total debt before deferred financing costs, discounts and premiums	$ 3,562.8		4,062.5
UPC SPE Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.58%	4.58%
Total debt before deferred financing costs, discounts and premiums	$ 1,643		1,933.2
UPC Holding Senior Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.79%	4.79%
Total debt before deferred financing costs, discounts and premiums	$ 806.5		1,211.6
Telenet Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	3.36%	3.36%
Total debt before deferred financing costs, discounts and premiums	$ 3,458.6		3,558.9
Telenet Senior Secured Notes
Debt Instrument [Line Items]
Weighted average interest rate	4.78%	4.78%
Total debt before deferred financing costs, discounts and premiums	$ 1,566.1		1,614.9
VM Ireland Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	3.76%	3.76%
Unused borrowing capacity, amount	$ 104.8	€ 100
Total debt before deferred financing costs, discounts and premiums	$ 943.4		1,024.9
Vendor financing
Debt Instrument [Line Items]
Weighted average interest rate	1.84%	1.84%
Total debt before deferred financing costs, discounts and premiums	$ 731.6		843.2	$ 967.4	$ 1,099.6
Other
Debt Instrument [Line Items]
Weighted average interest rate	7.01%	7.01%
Total debt before deferred financing costs, discounts and premiums	$ 140.5		$ 149.6

Debt ( Component of debt-Footno

Debt ( Component of debt-Footnotes) (Details) € in Millions, $ in Millions	Jun. 30, 2022 USD ($)	Jun. 30, 2022 EUR (€)	Dec. 31, 2021 USD ($)
Debt Instrument [Line Items]
Weighted average interest rate	3.96%	3.96%
Unused borrowing capacity, amount	$ 1,434.6
Long-term Debt
Debt Instrument [Line Items]
Estimated fair value	$ 11,600		$ 14,500
Aggregate Variable and Fixed Rate Indebtedness
Debt Instrument [Line Items]
Weighted average interest rate	3.17%	3.17%
UPC Holding Bank Facility
Debt Instrument [Line Items]
Weighted average interest rate	4.09%	4.09%
UPC Holding Bank Facility | UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	$ 748	€ 713.6
Available to loan or distribute	254.1	242.4
UPC Holding Bank Facility | Debt Covenant, Scenario 1 | UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	748	713.6
Available to loan or distribute	$ 217.8	€ 207.8
Telenet Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	3.36%	3.36%
Telenet Credit Facility | UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	$ 581.8	€ 555
Available to loan or distribute	581.8	555
Telenet Credit Facility | Debt Covenant, Scenario 1 | UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	581.8	555
Available to loan or distribute	$ 581.8	€ 555
VM Ireland Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate	3.76%	3.76%
Unused borrowing capacity, amount	$ 104.8	€ 100
VM Ireland Credit Facility | UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	104.8	100
Available to loan or distribute	86.3	82.3
VM Ireland Credit Facility | Debt Covenant, Scenario 1 | UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	104.8	100
Available to loan or distribute	102.9	98.2
UPC Revolving Facility One
Debt Instrument [Line Items]
Unused borrowing capacity, amount	748	713.6
UPC Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	23.9	22.8
Telenet Revolving Credit Facility I
Debt Instrument [Line Items]
Unused borrowing capacity, amount	534.6	510
Telenet Overdraft Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	26.2	25
Telenet Revolving Facility
Debt Instrument [Line Items]
Unused borrowing capacity, amount	$ 21	€ 20

Debt (Financing Transactions) (

Debt (Financing Transactions) (Details)	1 Months Ended				3 Months Ended		6 Months Ended
	May 31, 2022 USD ($)	May 31, 2022 EUR (€)	Apr. 30, 2022 USD ($)	Apr. 30, 2022 EUR (€)	Jun. 30, 2022 USD ($) group	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) group	Jun. 30, 2021 USD ($)	Apr. 30, 2022 EUR (€)
Debt Instrument [Line Items]
Number of borrowing groups | group					3		3
Non-cash borrowings and repayments of debt							$ 0	$ 2,900,000,000
Losses (gains) on debt extinguishment, net					$ (2,800,000)	$ 90,600,000	$ (2,800,000)	$ 90,600,000
3.875 % UPC Holding Senior Notes Debt
Debt Instrument [Line Items]
Extinguishment of debt	$ 53,800,000	€ 51,300,000	$ 215,000,000	€ 205,100,000
Debt instrument, face amount			$ 623,000,000						€ 594,300,000
Stated interest percentage	3.875%	3.875%	3.875%						3.875%
5.5% UPC Holdings Senior Notes
Debt Instrument [Line Items]
Extinguishment of debt			$ 82,700,000
Debt instrument, face amount			$ 535,000,000
Stated interest percentage			5.50%						5.50%
UPC Facility AQ
Debt Instrument [Line Items]
Extinguishment of debt	$ 9,000,000	€ 8,600,000
UPC Facility AQ | UPC Holding Bank Facility
Debt Instrument [Line Items]
Repayments of lines of credit			$ 226,900,000	216,500,000
Maximum borrowing capacity			628,900,000						€ 600,000,000
UPC Facility AX | UPC Holding Bank Facility
Debt Instrument [Line Items]
Repayments of lines of credit			208,000,000
Maximum borrowing capacity			1,925,000,000
UPC Facility AY | UPC Holding Bank Facility
Debt Instrument [Line Items]
Repayments of lines of credit			177,700,000	€ 169,500,000
Maximum borrowing capacity			904,100,000						€ 862,500,000
UPC Holding
Debt Instrument [Line Items]
Losses (gains) on debt extinguishment, net	(4,800,000)		2,000,000
Write off deferred financing costs	300,000		5,200,000
Net gain on settlement of discount	$ (5,100,000)		(4,700,000)
Payments of third party costs			$ 1,500,000

Debt (Maturities of Debt) (Deta

Debt (Maturities of Debt) (Details) $ in Millions	Jun. 30, 2022 USD ($)
Debt Instrument [Line Items]
2022 (remainder of year)	$ 428.3
2023	298.5
2024	25.5
2025	11.7
2026	10.7
2027	10.9
Thereafter	12,066.9
Total debt maturities	12,852.5
Deferred financing costs, discounts and premiums, net	(44.9)
Total debt	12,807.6
Current portion	703.7
Long-term portion	12,103.9
UPC Holding
Debt Instrument [Line Items]
2022 (remainder of year)	199.9
2023	89.6
2024	0
2025	0
2026	0
2027	0
Thereafter	6,012.3
Total debt maturities	6,301.8
Deferred financing costs, discounts and premiums, net	(27.8)
Total debt	6,274
Current portion	289.5
Long-term portion	5,984.5
Telenet
Debt Instrument [Line Items]
2022 (remainder of year)	197.9
2023	161.1
2024	10.5
2025	10.6
2026	10.7
2027	10.9
Thereafter	5,111.2
Total debt maturities	5,512.9
Deferred financing costs, discounts and premiums, net	(10.9)
Total debt	5,502
Current portion	358.6
Long-term portion	5,143.4
VM Ireland
Debt Instrument [Line Items]
2022 (remainder of year)	0
2023	0
2024	0
2025	0
2026	0
2027	0
Thereafter	943.4
Total debt maturities	943.4
Deferred financing costs, discounts and premiums, net	(6.2)
Total debt	937.2
Current portion	0
Long-term portion	937.2
Other
Debt Instrument [Line Items]
2022 (remainder of year)	30.5
2023	47.8
2024	15
2025	1.1
2026	0
2027	0
Thereafter	0
Total debt maturities	94.4
Deferred financing costs, discounts and premiums, net	0
Total debt	94.4
Current portion	55.6
Long-term portion	$ 38.8

Debt (Vendor Financing Obligati

Debt (Vendor Financing Obligations) (Schedule) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
2022 (remainder of year)	$ 428.3
2023	298.5
2024	25.5
2025	11.7
Total vendor financing maturities	12,852.5	$ 14,398.8
Current portion	703.7
Long-term portion	12,103.9
Telenet
Debt Instrument [Line Items]
2022 (remainder of year)	197.9
2023	161.1
2024	10.5
2025	10.6
Current portion	358.6
Long-term portion	5,143.4
UPC Holding
Debt Instrument [Line Items]
2022 (remainder of year)	199.9
2023	89.6
2024	0
2025	0
Current portion	289.5
Long-term portion	5,984.5
Other
Debt Instrument [Line Items]
2022 (remainder of year)	30.5
2023	47.8
2024	15
2025	1.1
Current portion	55.6
Long-term portion	38.8
Vendor financing
Debt Instrument [Line Items]
2022 (remainder of year)	427.6
2023	287.9
2024	15
2025	1.1
Total vendor financing maturities	731.6	$ 843.2	$ 967.4	$ 1,099.6
Current portion	692.8
Long-term portion	38.8
Vendor financing | Telenet
Debt Instrument [Line Items]
2022 (remainder of year)	197.2
2023	150.5
2024	0
2025	0
Total vendor financing maturities	347.7
Current portion	347.7
Long-term portion	0
Vendor financing | UPC Holding
Debt Instrument [Line Items]
2022 (remainder of year)	199.9
2023	89.6
2024	0
2025	0
Total vendor financing maturities	289.5
Current portion	289.5
Long-term portion	0
Vendor financing | Other
Debt Instrument [Line Items]
2022 (remainder of year)	30.5
2023	47.8
2024	15
2025	1.1
Total vendor financing maturities	94.4
Current portion	55.6
Long-term portion	$ 38.8

Debt (Vendor Financing Obliga_2

Debt (Vendor Financing Obligations) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Vendor Financing Obligation [Roll Forward]
Balance at January 1	$ 14,398.8
Principal payments on operating-related vendor financing	(319.1)	$ (1,143.9)
Principal payments on capital-related vendor financing	(78.5)	(689.6)
Balance at June 30	12,852.5
Vendor financing
Vendor Financing Obligation [Roll Forward]
Balance at January 1	843.2	1,099.6
Balance at January 1, including amounts classified as held for sale	843.2	3,905.4
Operating-related vendor financing additions	231.3	1,474.7
Capital-related vendor financing additions	102.2	546.9
Principal payments on operating-related vendor financing	(319.1)	(1,143.9)
Principal payments on capital-related vendor financing	(78.5)	(689.6)
Foreign currency, acquisitions and other	(47.5)	(3,126.1)
Balance at June 30	731.6	967.4
Vendor financing | U.K. J.V. Entities
Vendor Financing Obligation [Roll Forward]
Balance at January 1	$ 0	$ 2,805.8

Leases (Lease Balances) (Detail

Leases (Lease Balances) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 01, 2022	Dec. 31, 2021
ROU assets:
Finance leases	$ 377.7			$ 426
Operating leases	1,733.3		$ 615.1	1,327.8
Total ROU assets	2,111			1,753.8
Lease liabilities:
Finance lease	440.8			484
Operating leases	1,775.6		$ 615.1	1,364.8
Total lease liabilities	$ 2,216.4			$ 1,848.8
Finance lease, right-of-use asset, statement of financial position [Extensible List]	Property and equipment, net			Property and equipment, net
Operating lease, right-of-use asset, statement of financial position [Extensible List]	Other assets, net			Other assets, net
Finance lease, liability, noncurrent, statement of financial position [Extensible List]	Long-term debt and finance lease obligations			Long-term debt and finance lease obligations
Finance lease, liability, current, statement of financial position [Extensible List]	Current portion of debt and finance lease obligations (notes 9 and 10)			Current portion of debt and finance lease obligations (notes 9 and 10)
Operating lease, liability, current, statement of financial position [Extensible List]	Other Accrued Liabilities, Current			Other Accrued Liabilities, Current
Weighted average remaining lease term for finance leases	22 years
Weighted average discount rate, for finance leases	6%
ROU assets associated with finance leases	$ 18	$ 19.5
Weighted average remaining lease term for operating leases	13 years 6 months
Weighted average discount rate, for operating leases	5.70%
Addition to ROU assets associated with operating leases	$ 664.1	$ 59.6

Leases (Lease Expense and Cash

Leases (Lease Expense and Cash Outflows from Operating and Finance Leases) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Finance lease expense:
Depreciation and amortization	$ 18.3	$ 18.9	$ 34.8	$ 38.6
Interest expense	7.4	8.2	13.9	16.7
Total finance lease expense	25.7	27.1	48.7	55.3
Operating lease expense	61	62.8	112.7	126.2
Short-term lease expense	1	1.1	2.1	2.9
Variable lease expense	0.4	0.4	1.5	1.2
Total lease expense	$ 88.1	$ 91.4	165	185.6
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases			120.2	132.2
Operating cash outflows from finance leases (interest component)				16.7
Financing cash outflows from finance leases (principal component)			31.1	39.4
Total cash outflows from operating and finance leases			$ 165.2	$ 188.3

Leases (Maturities of Operating

Leases (Maturities of Operating and Financing Lease Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Jun. 01, 2022	Dec. 31, 2021
Operating leases
2022 (remainder of year)	$ 113.6
2023	220.7
2024	206.3
2025	196.2
2026	187.3
2027	181.1
Thereafter	1,219.2
Total payments	2,324.4
Less: present value discount	(548.8)
Present value of lease payments	1,775.6	$ 615.1	$ 1,364.8
Current portion	131.2
Long-term portion	1,644.4		1,226.1
Finance leases
2022 (remainder of year)	45.6
2023	96.6
2024	61.8
2025	58.1
2026	53.1
2027	48
Thereafter	203.2
Total payments	566.4
Less: present value discount	(125.6)
Present value of lease payments	440.8		$ 484
Current portion	61.1
Long-term portion	$ 379.7

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Federal to Effective Taxes) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accrued Income Taxes [Abstract]
Computed “expected” tax (expense)	$ (445.7)	$ (2,171.3)	$ (665.5)	$ (2,473)
Non-deductible or non-taxable foreign currency exchange results	266.8	(39.1)	395	80.8
Basis and other differences in the treatment of items associated with investments in subsidiaries and affiliates	198.2	(24.6)	260.4	(24.2)
International rate differences	(75.5)	(17.7)	(116.4)	(41.6)
Non-deductible or non-taxable interest and other items	(34)	(22.8)	(66.2)	(38.4)
Change in valuation allowances	21.7	(123)	35.6	(88.5)
Tax benefit associated with technology innovation	5.5	5.7	11.3	11.5
Non-taxable gain associated with the U.K. JV Transaction	0	2,116.2	0	2,116.2
Other, net	(0.6)	(0.2)	1	15.2
Total income tax expense	$ (63.6)	$ (276.8)	$ (144.8)	$ (442)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) $ in Millions	Jun. 30, 2022 USD ($)
Accrued Income Taxes [Abstract]
Unrecognized tax benefits	$ 434.1
UTB that would impact effective tax rate	$ 410.9

Equity (Details)

Equity (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jul. 31, 2022
Class of Stock [Line Items]
Remaining authorized for share repurchases	$ 233,400,000
Minimum repurchase percentage	10%
Subsequent Event
Class of Stock [Line Items]
Additional shares authorized to be repurchased		$ 400,000,000
Class A
Class of Stock [Line Items]
Stock repurchased (in shares)	874,200
Average price paid per share (in dollars per share)	$ 21.73
Authorized amount of share repurchases	$ 10,800,000
Class C
Class of Stock [Line Items]
Stock repurchased (in shares)	41,057,400
Average price paid per share (in dollars per share)	$ 25.40
Aggregate purchase price	$ 1,062,000,000
Authorized amount of share repurchases	$ 10,800,000

Share-based Compensation (Share

Share-based Compensation (Share-Based Compensation Expense) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 49.3	$ 99.8	$ 100.7	$ 163.2
Percent of annual incentive compensation receivable in shares		100%		100%
SARs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			22.7
SARs | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	7 years
SARs | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Other operating expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 2.1	7.6	$ 2.4	8.8
SG&A expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		47.2	92.2	98.3	154.4
Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		35.7	81.4	84.8	138.2
Non-performance based incentive awards | Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		32.1	59.4	65.1	84.8
Performance-based incentive awards | Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		0	14.4	7.1	38.4
Other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		13.6	18.4	15.9	25
Other | Liberty Global
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 3.6	$ 7.6	$ 12.6	$ 15

Share-based Compensation (Award

Share-based Compensation (Awards Outstanding and Exercisable) (Details)	Jun. 30, 2022 $ / shares shares
Held by Liberty Global employees: | Options and SARs | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	25,600,244
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 26.91
Options exercisable (in shares)	17,948,634
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 28.16
Held by Liberty Global employees: | Options and SARs | Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	59,728,970
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 26.06
Options exercisable (in shares)	38,614,693
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 27.07
Held by Liberty Global employees: | RSUs | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	2,092,020
Held by Liberty Global employees: | RSUs | Class B
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	7,890
Held by Liberty Global employees: | RSUs | Class C
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options outstanding (in shares)	4,183,450
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)	1,710,047
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 31.22
Options exercisable (in shares)	1,612,855
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 31.78
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)	4,379,677
Options outstanding, weighted average exercise or base price (in dollars per shares) | $ / shares	$ 29.02
Options exercisable (in shares)	4,185,327
Options exercisable, weighted average exercise price or base price (in dollars per shares) | $ / shares	$ 29.38
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)	37,557
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)	76,321

Share-based Compensation (Narra

Share-based Compensation (Narrative) (Details) - 2022 Ventures Incentive Plan	1 Months Ended
	Apr. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Assessed period	3 years
Vesting percentage	100%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Eligible participants’ initial contribution percent	10%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Eligible participants’ initial contribution percent	50%

Share-based Compensation (Ventu

Share-based Compensation (Ventures Incentive Plan) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 49.3	$ 99.8	$ 100.7	$ 163.2
Ventures Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			26.4
2021 Ventures Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			16.7
2022 Ventures Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			$ 9.7

Earnings per Share (Schedules)

Earnings per Share (Schedules) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Weighted average ordinary shares outstanding (basic EPS computation) (in shares)	501,406,664	557,051,920	510,811,156	566,033,344
Incremental shares attributable to the assumed exercise of outstanding options and SARs and the release of RSUs and PSUs upon vesting (treasury stock method) (in shares)	8,035,941	12,048,780	10,321,885	11,021,844
Weighted average common shares (diluted EPS computation) (in shares)	509,442,605	569,100,700	521,133,041	577,055,188

Earnings per Share (Narrative)

Earnings per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Stock Options, SARs and RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Aggregate number of shares excluded from computation of EPS (in shares)	78.3	57.9	60.3	74
PSARs and PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Aggregate number of shares excluded from computation of EPS (in shares)		13.8		13.8

Earnings per Share (Net Earning

Earnings per Share (Net Earnings (Loss) From Continuing Operations) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings from continuing operations	$ 2,282.2	$ 11,150.9	$ 3,357.9	$ 12,573.6
Net earnings from continuing operations attributable to noncontrolling interests	(344.5)	(46.3)	(416.5)	(101.2)
Net earnings from continuing operations attributable to Liberty Global shareholders	$ 1,937.7	$ 11,104.6	$ 2,941.4	$ 12,472.4

Commitments and Contingencies_2

Commitments and Contingencies (Unrecorded Purchase Obligation) (Details) $ in Millions	Jun. 30, 2022 USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	$ 600.9
2023	631.9
2024	381.4
2025	273.1
2026	184.8
2027	137
Thereafter	1,295.4
Total	3,504.5
Network and connectivity commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	168.5
2023	215.6
2024	183.1
2025	142.5
2026	96.1
2027	92.5
Thereafter	1,187.2
Total	2,085.5
Purchase commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	293.1
2023	231.4
2024	52.9
2025	30
2026	11.4
2027	0.5
Thereafter	0.5
Total	619.8
Programming commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	92.9
2023	127.3
2024	113.4
2025	68.1
2026	45.1
2027	17.9
Thereafter	0
Total	464.7
Other commitments
Unrecorded Unconditional Purchase Obligation [Line Items]
Remainder of 2022	46.4
2023	57.6
2024	32
2025	32.5
2026	32.2
2027	26.1
Thereafter	107.7
Total	$ 334.5

Commitments and Contingencies_3

Commitments and Contingencies (Narrative) (Details) € in Millions	1 Months Ended		6 Months Ended
	Dec. 31, 2015 USD ($)	Dec. 31, 2015 EUR (€)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 EUR (€)	May 26, 2020	Aug. 01, 2018
Loss Contingencies [Line Items]
Programming costs			$ 263,100,000	$ 820,400,000
Percentage of amounts recovered			50%
Percentage of net present value, cost savings			50%
Percentage of legal and other third party, fees			50%
Percent of reduction in monthly wholesale cable resale access prices						11.50%
Disposed of by sale | UPC Austria
Loss Contingencies [Line Items]
Amount of claim			$ 132,400,000		€ 126.3
Interkabel Acquisition
Loss Contingencies [Line Items]
Damages sought	$ 1,500,000,000	€ 1,400
Loss contingency accrual			$ 0
Belgium Regulatory Developments
Loss Contingencies [Line Items]
Percent of reduction in monthly wholesale cable resale access prices							17%

Segment Reporting (Narrative) (

Segment Reporting (Narrative) (Details)	6 Months Ended
	Jun. 30, 2022	Jun. 01, 2021
Segment Reporting Information [Line Items]
Performance measures, percentage of reportable segment revenue and operating cash flow presented	100%
VMO2 JV
Segment Reporting Information [Line Items]
Ownership percentage	50%	50%
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Ownership percentage	50%
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100%
Telenet
Segment Reporting Information [Line Items]
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100%

Segment Reporting (Performance

Segment Reporting (Performance Measures) (Schedule) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,754.2	$ 2,989.2	$ 3,607.5	$ 6,489.1
Adjusted EBITDA	649.8	1,199.1	1,334.1	2,515.3
VMO2 JV
Segment Reporting Information [Line Items]
Revenue	3,202.6	1,208.5	6,600.6	1,208.5
VMO2 JV | Equity Method Investment, Nonconsolidated Investee or Group of Investees
Segment Reporting Information [Line Items]
Adjusted EBITDA	1,059.4	411	2,454.7	411
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Revenue	1,065.6	1,215.3	2,195.6	2,432.3
VodafoneZiggo JV | Equity Method Investment, Nonconsolidated Investee or Group of Investees
Segment Reporting Information [Line Items]
Adjusted EBITDA	490.9	570.1	1,028.7	1,135.3
Operating Segments | Switzerland
Segment Reporting Information [Line Items]
Revenue	766.1	825.4	1,587.5	1,667.2
Adjusted EBITDA	276.5	298.5	577.7	580.1
Operating Segments | Belgium
Segment Reporting Information [Line Items]
Revenue	689.1	774.8	1,413.5	1,547.5
Adjusted EBITDA	330.3	389.6	670.7	761.4
Operating Segments | Ireland
Segment Reporting Information [Line Items]
Revenue	121.5	134.1	249.3	270.2
Adjusted EBITDA	52	54	102.9	101.6
Operating Segments | U.K.
Segment Reporting Information [Line Items]
Revenue	0	1,101.4	0	2,736.4
Adjusted EBITDA	0	444.9	0	1,085.3
Central and Other
Segment Reporting Information [Line Items]
Revenue	180.6	157	362	277.3
Adjusted EBITDA	(9.4)	9.6	(16.8)	(16.7)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	(3.1)	(3.5)	(4.8)	(9.5)
Adjusted EBITDA	$ 0.4	$ 2.5	$ (0.4)	$ 3.6

Segment Reporting (Reconciliati

Segment Reporting (Reconciliation of Consolidated Segment Adjusted EBITDA) (Schedule) (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
	Jun. 01, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Earnings from continuing operations		$ 2,282.2	$ 11,150.9	$ 3,357.9	$ 12,573.6
Income tax expense		63.6	276.8	144.8	442
Other income, net		(26.6)	(7.3)	(38.5)	(17.4)
Share of results of affiliates, net		(81.1)	8.1	(311.6)	6.4
Losses (gains) on debt extinguishment, net		(2.8)	90.6	(2.8)	90.6
Realized and unrealized losses (gains) due to changes in fair values of certain investments, net		112	(288.1)	205.6	(482.7)
Foreign currency transaction gains, net		(1,148.7)	(131.4)	(1,723.7)	(435.2)
Realized and unrealized losses (gains) on derivative instruments, net		(613.7)	303.1	(1,122.2)	(508.1)
Interest expense		132.9	272.5	267.1	607.2
Operating income		24.5	537.2	83.3	1,138.4
Impairment, restructuring and other operating items, net		58.3	6.8	67.7	51.2
Depreciation and amortization		517.7	555.3	1,082.4	1,162.5
Share-based compensation expense		49.3	99.8	100.7	163.2
Adjusted EBITDA		649.8	1,199.1	1,334.1	2,515.3
U.K. JV Transaction
Segment Reporting Information [Line Items]
Gain on investments	$ (11,100)	0	(11,138)	0	(11,138)
Telenet
Segment Reporting Information [Line Items]
Gain on investments		$ (693.3)	$ 0	$ (693.3)	$ 0

Segment Reporting (Capital Expe

Segment Reporting (Capital Expenditures of Reportable Segments) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 717.9	$ 1,321.1
Assets acquired under capital-related vendor financing arrangements	(102.2)	(546.9)
Assets acquired under finance leases	(18)	(19.5)
Changes in current liabilities related to capital expenditures	36.5	87.7
Total capital expenditures, net	634.2	842.4
VMO2 JV
Segment Reporting Information [Line Items]
Property and equipment additions:	1,348.6	226.3
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Property and equipment additions:	472.5	510.4
Operating Segments | Switzerland
Segment Reporting Information [Line Items]
Total property and equipment additions	255.1	278.2
Operating Segments | Belgium
Segment Reporting Information [Line Items]
Total property and equipment additions	291.5	291.2
Operating Segments | Ireland
Segment Reporting Information [Line Items]
Total property and equipment additions	50.2	43.3
Operating Segments | U.K.
Segment Reporting Information [Line Items]
Total property and equipment additions	0	557.4
Central and Other
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 121.1	$ 151

Segment Reporting (Revenue by M

Segment Reporting (Revenue by Major Category) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,754.2	$ 2,989.2	$ 3,607.5	$ 6,489.1
Total residential fixed revenue
Segment Reporting Information [Line Items]
Revenue	733.4	1,614.4	1,509.6	3,600.5
Total subscription revenue
Segment Reporting Information [Line Items]
Revenue	706.2	1,567.8	1,456.8	3,498.1
Broadband internet
Segment Reporting Information [Line Items]
Revenue	341.2	739.3	701.4	1,642.1
Video
Segment Reporting Information [Line Items]
Revenue	269.4	560.5	555.9	1,234.9
Fixed-line telephony
Segment Reporting Information [Line Items]
Revenue	95.6	268	199.5	621.1
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	27.2	46.6	52.8	102.4
Total residential revenue
Segment Reporting Information [Line Items]
Revenue	1,196.2	2,226.2	2,470.9	4,973
Total residential mobile revenue
Segment Reporting Information [Line Items]
Revenue	462.8	611.8	961.3	1,372.5
Subscription revenue
Segment Reporting Information [Line Items]
Revenue	347	414.8	700.2	895.3
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	115.8	197	261.1	477.2
Total B2B revenue
Segment Reporting Information [Line Items]
Revenue	336.6	557.4	690.9	1,146.9
Subscription revenue
Segment Reporting Information [Line Items]
Revenue	127.3	183.3	260.2	343
Non-subscription revenue
Segment Reporting Information [Line Items]
Revenue	209.3	374.1	430.7	803.9
Other revenue
Segment Reporting Information [Line Items]
Revenue	$ 221.4	$ 205.6	$ 445.7	$ 369.2

Segment Reporting (Geographic S

Segment Reporting (Geographic Segments) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,754.2	$ 2,989.2	$ 3,607.5	$ 6,489.1
VMO2 JV
Segment Reporting Information [Line Items]
Revenue	3,202.6	1,208.5	6,600.6	1,208.5
VodafoneZiggo JV
Segment Reporting Information [Line Items]
Revenue	1,065.6	1,215.3	2,195.6	2,432.3
Operating Segments | Switzerland
Segment Reporting Information [Line Items]
Revenue	766.1	825.4	1,587.5	1,667.2
Operating Segments | Belgium
Segment Reporting Information [Line Items]
Revenue	689.1	774.8	1,413.5	1,547.5
Operating Segments | Ireland
Segment Reporting Information [Line Items]
Revenue	121.5	134.1	249.3	270.2
Operating Segments | Slovakia
Segment Reporting Information [Line Items]
Revenue	12.4	13.3	25.3	26.3
Operating Segments | U.K.
Segment Reporting Information [Line Items]
Revenue	0	1,101.4	0	2,736.4
Other, including intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	$ 165.1	$ 140.2	$ 331.9	$ 241.5

Subsequent Events (Details)

Subsequent Events (Details) - NetCo - Subsequent Event	Jul. 19, 2022
Telenet
Subsequent Event [Line Items]
Percentage of ownership interest	66.80%
Fluvius
Subsequent Event [Line Items]
Percentage of ownership interest	33.20%