Liberty Latin America (LILA) 10-Q 2 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2021	Oct. 31, 2021
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-38335
Entity Registrant Name	Liberty Latin America Ltd.
Entity Incorporation, State or Country Code	D0
Entity Tax Identification Number	98-1386359
Entity Address, Address Line One	2 Church Street,
Entity Address, City or Town	Hamilton
Entity Address, Postal Zip Code	HM 11
Entity Address, Country	BM
City Area Code	441
Local Phone Number	295-5950
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	0001712184
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Class A
Entity Information [Line Items]
Title of 12(b) Security	Class A Common Shares, par value $0.01 per share
Trading Symbol	LILA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding (in shares)		46,971,587
Common Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		1,930,907
Common Class C
Entity Information [Line Items]
Title of 12(b) Security	Class C Common Shares, par value $0.01 per share
Trading Symbol	LILAK
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding (in shares)		182,938,026

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 917	$ 894.2
Trade receivables, net of allowances of $80.5 million and $100.0 million, respectively	527.5	560.7
Prepaid expenses	84	62.6
Current notes receivable, net of allowances of $15.9 million and $8.3 million, respectively	113.5	77.5
Other current assets, net	382.7	356.9
Total current assets	2,024.7	1,951.9
Goodwill	4,561.6	4,885.5
Property and equipment, net	4,246.9	4,911.4
Intangible assets subject to amortization, net	875.6	858.9
Intangible assets not subject to amortization	1,592.4	1,465.6
Assets held for sale	1,542.2	0
Other assets, net	1,153.2	1,156.7
Total assets	15,996.6	15,230
Current liabilities:
Accounts payable	253	351.7
Current portion of deferred revenue	136.1	184.9
Current portion of debt and finance lease obligations	75.6	161.9
Accrued capital expenditures	46.4	73.6
Accrued interest	107.3	132.3
Accrued payroll and employee benefits	89.3	107.5
Derivative instruments	44.8	90.2
Current operating lease liabilities	78.9	63.2
Other accrued and current liabilities	524.5	539.7
Total current liabilities	1,355.9	1,705
Long-term debt and finance lease obligations	7,443.1	8,195.3
Deferred tax liabilities	698.1	619.9
Deferred revenue	164	185.3
Liabilities associated with assets held for sale	1,836.9	0
Other long-term liabilities	774.2	1,080.8
Total liabilities	12,272.2	11,786.3
Commitments and contingencies
Liberty Latin America shareholders:
Undesignated preference shares, $0.01 par value; 50,000,000 shares authorized; nil shares issued and outstanding at each period	0	0
Treasury shares, at cost; 3,136,674 and 966,974 shares, respectively	(39.5)	(9.5)
Additional paid-in capital	5,057.7	4,982
Accumulated deficit	(1,964.1)	(2,134.5)
Accumulated other comprehensive loss, net of taxes	(100.2)	(125.6)
Total Liberty Latin America shareholders	2,956.2	2,714.7
Noncontrolling interests	768.2	729
Total equity	3,724.4	3,443.7
Total liabilities and equity	15,996.6	15,230
Class A
Liberty Latin America shareholders:
Common stock	0.5	0.5
Class B
Liberty Latin America shareholders:
Common stock	0	0
Class C
Liberty Latin America shareholders:
Common stock	$ 1.8	$ 1.8

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Trade receivables, net of allowance	$ 80.5	$ 100
Current notes receivable, net of allowances	$ 15.9	$ 8.3
Preferred shares, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred shares, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Treasury shares (in shares)	3,136,674	966,974
Class A
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	50,017,295	49,303,401
Common stock, shares outstanding (in shares)	47,553,779	49,009,585
Class B
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	1,930,907	1,932,386
Common stock, shares outstanding (in shares)	1,930,907	1,932,386
Class C
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	183,395,888	181,786,924
Common stock, shares outstanding (in shares)	182,722,730	181,113,766

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Revenue	$ 1,192	$ 887.5	$ 3,519.9	$ 2,667.4
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	291	189.7	846.9	580.2
Other operating costs and expenses	488	365.6	1,402.5	1,105.8
Depreciation and amortization	253.5	231.6	753.4	661.5
Impairment, restructuring and other operating items, net	22.1	14	41.3	331.5
Operating costs and expenses (exclusive of depreciation and amortization)	1,054.6	800.9	3,044.1	2,679
Operating income (loss)	137.4	86.6	475.8	(11.6)
Non-operating income (expense):
Interest expense	(137.1)	(129.9)	(397.2)	(408.5)
Realized and unrealized gains (losses) on derivative instruments, net	292	(78.1)	464.2	(239.7)
Foreign currency transaction gains (losses), net	(136.2)	30.1	(206)	(115.1)
Losses on debt extinguishment	(1.9)	(41.7)	(25.2)	(45.1)
Other income (expense), net	(41.1)	0.2	(42.1)	11.8
Non-operating income (expense)	(24.3)	(219.4)	(206.3)	(796.6)
Earnings (loss) before income taxes	113.1	(132.8)	269.5	(808.2)
Income tax benefit (expense)	(39.1)	42.8	(105.1)	33.4
Net earnings (loss)	74	(90)	164.4	(774.8)
Net loss attributable to noncontrolling interests	4.2	5.4	6	116.5
Net earnings (loss) attributable to Liberty Latin America shareholders	$ 78.2	$ (84.6)	$ 170.4	$ (658.3)
Basic net earnings (loss) per share attributable to Liberty Latin America shareholders (in dollars per share)	$ 0.34	$ (0.46)	$ 0.73	$ (3.59)
Dilutive net earnings (loss) per share attributable to Liberty Latin America shareholders (in dollars per share)	$ 0.33	$ (0.46)	$ 0.73	$ (3.59)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 74	$ (90)	$ 164.4	$ (774.8)
Other comprehensive earnings (loss), net of taxes:
Foreign currency translation adjustments	52.6	(27.4)	9.5	(67.8)
Reclassification adjustments included in net earnings (loss)	(0.2)	0.6	2.4	(2.5)
Other	9.9	(0.5)	13.1	1.1
Other comprehensive earnings (loss)	62.3	(27.3)	25	(69.2)
Comprehensive earnings (loss)	136.3	(117.3)	189.4	(844)
Comprehensive loss attributable to noncontrolling interests	4	5.5	6.4	117.3
Comprehensive earnings (loss) attributable to Liberty Latin America shareholders	$ 140.3	$ (111.8)	$ 195.8	$ (726.7)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Cumulative Effect, Period of Adoption, Adjustment	Cumulative Effect, Period of Adoption, Adjusted Balance	Total Liberty Latin America shareholders	Total Liberty Latin America shareholdersCumulative Effect, Period of Adoption, Adjustment	Total Liberty Latin America shareholdersCumulative Effect, Period of Adoption, Adjusted Balance	Common sharesCommon Class A	Common sharesCommon Class ACumulative Effect, Period of Adoption, Adjusted Balance	Common sharesCommon Class B	Common sharesCommon Class BCumulative Effect, Period of Adoption, Adjusted Balance	Common sharesCommon Class C	Common sharesCommon Class CCumulative Effect, Period of Adoption, Adjusted Balance	Treasury Stock	Treasury StockCumulative Effect, Period of Adoption, Adjusted Balance	Additional paid-in capital	Additional paid-in capitalCumulative Effect, Period of Adoption, Adjusted Balance	Accumulated deficit	Accumulated deficitCumulative Effect, Period of Adoption, Adjustment	Accumulated deficitCumulative Effect, Period of Adoption, Adjusted Balance	Accumulated other comprehensive loss, net of taxes	Accumulated other comprehensive loss, net of taxesCumulative Effect, Period of Adoption, Adjusted Balance	Non-controlling interests	Non-controlling interestsCumulative Effect, Period of Adoption, Adjustment	Non-controlling interestsCumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance at Dec. 31, 2019	$ 3,979.9	$ 0	$ 3,979.9	$ 3,109.8	$ (0.2)	$ 3,109.6	$ 0.5	$ 0.5	$ 0	$ 0	$ 1.3	$ 1.3	$ 0	$ 0	$ 4,569.9	$ 4,569.9	$ (1,447.1)	$ (0.2)	$ (1,447.3)	$ (14.8)	$ (14.8)	$ 870.1	$ 0.2	$ 870.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(774.8)			(658.3)													(658.3)					(116.5)
Other comprehensive earnings (loss)	(69.2)			(68.4)																(68.4)		(0.8)
Repurchase of Liberty Latin America common shares	(9.5)			(9.5)									(9.5)
Issuance of Liberty Latin America common shares, net	347.7			347.7							0.5				347.2
Share-based compensation	54.4			54.4											54.4
Other	(0.8)			0.9											0.9							(1.7)
Ending balance at Sep. 30, 2020	3,527.7			2,776.4			0.5		0		1.8		(9.5)		4,972.4		(2,105.6)			(83.2)		751.3
Beginning balance at Jun. 30, 2020	3,279.9			2,521.5			0.5		0		1.3		(9.5)		4,606.2		(2,021)			(56)		758.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(90)			(84.6)													(84.6)					(5.4)
Other comprehensive earnings (loss)	(27.3)			(27.2)																(27.2)		(0.1)
Issuance of Liberty Latin America common shares, net	347.7			347.7							0.5				347.2
Share-based compensation	19			19											19
Other	(1.6)																					(1.6)
Ending balance at Sep. 30, 2020	3,527.7			2,776.4			0.5		0		1.8		(9.5)		4,972.4		(2,105.6)			(83.2)		751.3
Beginning balance at Dec. 31, 2020	3,443.7			2,714.7			0.5		0		1.8		(9.5)		4,982		(2,134.5)			(125.6)		729
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	164.4			170.4													170.4					(6)
Other comprehensive earnings (loss)	25			25.4																25.4		(0.4)
Repurchase of Liberty Latin America common shares	(30)			(30)									(30)
Distributions to noncontrolling interest owners	(1.3)																					(1.3)
Contribution from noncontrolling interest owner	46.9																					46.9
Share-based compensation	75.7			75.7											75.7
Other	0
Ending balance at Sep. 30, 2021	3,724.4			2,956.2			0.5		0		1.8		(39.5)		5,057.7		(1,964.1)			(100.2)		768.2
Beginning balance at Jun. 30, 2021	3,536			2,810.7			0.5		0		1.8		(19.5)		5,032.5		(2,042.3)			(162.3)		725.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	74			78.2													78.2					(4.2)
Other comprehensive earnings (loss)	62.3			62.1																62.1		0.2
Repurchase of Liberty Latin America common shares	(20)			(20)									(20)
Distributions to noncontrolling interest owners	0																					0
Contribution from noncontrolling interest owner	46.9																					46.9
Share-based compensation	25.1			25.1											25.1
Other	0.1			0.1											0.1
Ending balance at Sep. 30, 2021	$ 3,724.4			$ 2,956.2			$ 0.5		$ 0		$ 1.8		$ (39.5)		$ 5,057.7		$ (1,964.1)			$ (100.2)		$ 768.2

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net earnings (loss)	$ 74	$ 164.4	$ (774.8)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Share-based compensation expense	33.1	88.9	75.3
Depreciation and amortization	253.5	753.4	661.5
Impairment		3	279.9
Loss (gain) on dispositions		(10)	0.3
Amortization of debt financing costs, premiums and discounts, net		24.4	22
Realized and unrealized losses (gains) on derivative instruments, net	(292)	(464.2)	239.7
Foreign currency transaction losses, net	136.2	206	115.1
Losses on debt extinguishment	1.9	25.2	45.1
Impairment of an investment		41.1	0
Deferred income tax expense (benefit)		46.1	(69.5)
Changes in operating assets and liabilities, net of the effect of acquisitions and dispositions		(160.5)	(103.6)
Net cash provided by operating activities		717.8	491
Cash flows from investing activities:
Capital expenditures		(544.7)	(418.3)
Cash paid in connection with acquisitions, net of cash acquired		(520.6)	(0.1)
Other investing activities, net		(10)	(0.5)
Net cash used by investing activities		(1,075.3)	(418.9)
Cash flows from financing activities:
Borrowings of debt		1,046.2	1,289
Payments of principal amounts of debt and finance lease obligations		(443.8)	(1,259.5)
Issuance of Liberty Latin America common shares, net		0	349.6
Net cash received (paid) related to derivative instruments		(43)	180.6
Payment of financing costs and debt redemption premiums		(37.2)	(75.4)
Repurchase of Liberty Latin America common shares		(30)	(9.5)
Distributions to noncontrolling interest owners		(1.3)	(2.3)
Capital contribution from noncontrolling interest owner	47	46.9	0
Other financing activities, net		(7.2)	(7.6)
Net cash provided by financing activities		530.6	464.9
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(6.7)	(11.1)
Net increase in cash, cash equivalents and restricted cash		166.4	525.9
Cash, cash equivalents and restricted cash:
Beginning of period		912.5	2,457
End of period	$ 1,078.9	1,078.9	2,982.9
Cash paid for interest		361	384.6
Net cash paid for taxes		$ 21.7	$ 42.3

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation See the Glossary of defined terms at the beginning of this Quarterly Report on Form 10-Q for terms used throughout the condensed consolidated financial statements. General Liberty Latin America is a registered company in Bermuda that primarily includes: (i) C&W; (ii) Liberty Communications PR; (iii) VTR; and (iv) LBT CT Communications, S.A. (a less than wholly-owned entity) and its subsidiaries, which include Cabletica and, as of August 9, 2021 and as further described in note 4, Telefónica-Costa Rica. C&W owns less than 100% of certain of its consolidated subsidiaries, including C&W Bahamas, C&W Jamaica and CWP. We are an international provider of fixed, mobile and subsea telecommunications services. We provide: A. residential and B2B services in: i. over 20 countries across Latin America and the Caribbean through two of our reportable segments, C&W Caribbean and Networks and C&W Panama; ii. Puerto Rico, through our reportable segment Liberty Puerto Rico; iii. Chile, through our reportable segment VTR; iv. Costa Rica, through Cabletica and its subsidiary, Telefónica-Costa Rica; and B. through the Networks & LatAm business of our C&W Caribbean and Networks segment, (i) B2B services in certain other countries in Latin America and the Caribbean and (ii) wholesale communication services over its subsea and terrestrial fiber optic cable networks that connect over 40 markets in that region. Prior to the first quarter of 2021, VTR and Cabletica were collectively one operating segment. As a result of organizational changes during the first quarter of 2021, these operations became separate operating segments. Following the Telefónica-Costa Rica Acquisition on August 9, 2021 (as further described in note 4), Cabletica and Telefónica-Costa Rica now comprise our Costa Rica operating and reportable segment. For additional information regarding our segment changes, see note 19. Effective September 29, 2021, in connection with the pending formation of the Chile JV (as further described in note 8), we began accounting for the Chile JV Entities as “held for sale.” Accordingly, the assets and liabilities of the Chile JV Entities, excluding certain cash balances, are included in assets held for sale and liabilities associated with assets held for sale, respectively, on our September 30, 2021 condensed consolidated balance sheet. Consistent with the applicable guidance, we have not reflected similar reclassifications to exclude the Chile JV Entities from continuing operations in our condensed consolidated statements of operations or cash flows and related footnote disclosures. For additional information, see note 8. Unless otherwise indicated, ownership percentages are calculated as of September 30, 2021. The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. GAAP and with the instructions to the Quarterly Report on Form 10-Q and Article 10 of Regulation S-X for interim financial information. Accordingly, these financial statements do not include all of the information required by U.S. GAAP or Securities and Exchange Commission rules and regulations for complete financial statements. In the opinion of management, these financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the results of operations for the interim periods presented. The results of operations for any interim period are not necessarily indicative of results for the full year. These condensed consolidated financial statements should be read in conjunction with our consolidated financial statements and notes thereto included in our 2020 Form 10-K. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, expected credit losses, programming and copyright

Accounting Changes and Recent A

Accounting Changes and Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2021
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes and Recent Accounting Pronouncements Accounting Changes ASU 2018-14 In August 2018, the FASB issued ASU No. 2018-14, Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans ( ASU 2018-14 ), which removes and modifies certain existing disclosure requirements and adds new disclosure requirements related to employer sponsored defined benefit pension or other postretirement plans. We adopted ASU 2018-14 effective January 1, 2021 and it did not have a material impact on the disclosures in our condensed consolidated financial statements. Recent Accounting Pronouncements ASU 2020-04 and ASU 2021-01 In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ( ASU 2020-04 ), which provides optional guidance for a limited time to ease the potential accounting burden associated with transitioning away from reference rates, such as the LIBOR, which regulators in the U.K. have announced will be phased out by the end of 2021. In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848) ( ASU 2021-01 ), which clarifies certain optional expedients and exceptions in ASC 848. The expedients and exceptions provided by ASU 2020-04 and ASU 2021-01 are for the application of U.S. GAAP to contracts, hedging relationships and other transactions affected by the rate reform, and will not be available after December 31, 2022, other than for certain hedging relationships entered into before December 31, 2022. We do not currently expect that the phase out of LIBOR will have a material impact on our consolidated financial statements. ASU 2020-06 In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options and Derivatives and Hedging—Contracts in Entity’s Own Equity: Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity ( ASU 2020-06 ), which (i) reduces the number of accounting models for convertible instruments and allows more contracts to qualify for equity classification and (ii) makes targeted improvements to convertible instruments and earnings-per-share disclosure requirements. ASU 2020-06 is effective for annual reporting periods after December 15, 2021, including interim periods within those fiscal years, with early adoption permitted, but no earlier than annual and interim periods in fiscal years beginning after December 15, 2020. While we are still evaluating the impact of ASU 2020-06, we do not currently expect it will have a material impact on our consolidated financial statements.

Current Expected Credit Losses

Current Expected Credit Losses	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Current Expected Credit Losses	Current Expected Credit Losses The changes in our trade receivables’ allowance for credit losses are set forth below: Nine months ended September 30, 2021 2020 in millions Balance at beginning of period $ 100.0 $ 87.3 Provision for expected losses 38.6 50.3 Write-offs (48.7) (45.3) Reclassification to assets held for sale (9.7) — Foreign currency translation adjustments and other 0.3 4.5 Balance at end of period $ 80.5 $ 96.8

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Pending Acquisition Claro Panama Acquisition. On September 14, 2021, we entered into a definitive agreement to acquire América Móvil’s operations in Panama in an all-cash transaction based upon an enterprise value of $200 million on a cash- and debt-free basis. The transaction is subject to certain customary closing conditions, including regulatory approvals, and is expected to close in the first half of 2022. 2021 Acquisition Telefónica-Costa Rica Acquisition. On July 30, 2020, we entered into the Telefónica Acquisition Agreement to acquire Telefónica S.A.’s operations in Costa Rica in an all-cash transaction based upon an enterprise value of $500 million on a cash- and debt-free basis. On August 9, 2021, we completed the acquisition of all of the outstanding shares of Telefónica-Costa Rica. The Telefónica-Costa Rica Acquisition was financed through a combination of debt, existing cash and a $47 million equity contribution from the noncontrolling interest owner of our Cabletica entity, as further described in note 17. The following table sets forth a reconciliation of the stated purchase price included in the Telefónica Acquisition Agreement to the net cash paid for the Telefónica-Costa Rica Acquisition (in millions): Stated Telefónica Acquisition Agreement purchase price $ 500.0 Preliminary working capital adjustments 37.6 Total purchase price 537.6 Opening balance sheet cash (17.0) Net cash paid for the Telefónica-Costa Rica Acquisition $ 520.6 We have accounted for the Telefónica-Costa Rica Acquisition as a business combination using the acquisition method of accounting, whereby the total purchase price was allocated to the acquired identifiable net assets of Telefónica-Costa Rica based on assessments of their respective fair values, and the excess of the purchase price over the fair values of these identifiable net assets was allocated to goodwill. The preliminary opening balance sheet is subject to adjustment based on our final assessment of the fair values of the acquired identifiable net assets and liabilities. The items with the highest likelihood to change upon finalization of the valuation process include property and equipment, goodwill, intangible assets, leases and income taxes. A summary of the purchase price and preliminary opening balance sheet of Telefónica-Costa Rica at the August 9, 2021 acquisition date are presented in the following table (in millions): Current assets (a) $ 83.3 Goodwill (b) 260.1 Property and equipment 97.2 Intangible assets subject to amortization (c) 166.0 Other assets (d) 173.0 Current liabilities (e) (83.2) Long-term liabilities (f) (158.8) Total purchase price (g) $ 537.6 (a) Primarily consists of trade receivables, notes receivables related to equipment installment-plan receivables and cash. (b) The goodwill recognized in connection with the Telefónica-Costa Rica Acquisition is primarily attributable to (i) the ability to take advantage of Telefónica-Costa Rica’s existing mobile network to gain immediate access to potential customers, and (ii) synergies that are expected to be achieved through the integration of Telefónica-Costa Rica with Liberty Latin America’s existing business in Costa Rica, Cabletica. Due to the nature of the Telefónica-Costa Rica Acquisition, no tax deductions related to goodwill are expected. (c) At August 9, 2021, the preliminary assessments of the weighted average useful lives of the acquired customer relationship intangible assets and spectrum intangible assets were approximately 8 years and 25 years, respectively. (d) Long-term assets primarily consist of: the long-term portion of note receivables related to equipment installment-plan receivables and operating lease right-of-use assets. (e) Primarily consists of accounts payable and current operating lease obligations. (f) Long-term liabilities primarily consist of the non-current portion of operating lease obligations and deferred tax liabilities. (g) Amount excludes $10 million of direct acquisition costs incurred during 2021. Direct acquisition costs are included in impairment, restructuring and other operating items, net, in our consolidated statements of operations. Our condensed consolidated statements of operations for each of the three and nine months ended September 30, 2021 include revenue and net earnings of $41 million and $3 million, respectively, attributable to Telefónica-Costa Rica. 2020 Acquisition AT&T Acquisition. On October 31, 2020, we acquired from AT&T all of the outstanding shares of the AT&T Acquired Entities, which following the closing of the AT&T Acquisition are referred to as Liberty Mobile and its subsidiaries. The operations acquired in the AT&T Acquisition provide consumer mobile and B2B services in Puerto Rico and the U.S. Virgin Islands. As a condition of approval of the AT&T Acquisition, the United States Department of Justice required us to divest certain B2B operations that were a part of our then-existing operations in Puerto Rico. We satisfied this condition in January 2021 by divesting those B2B operations for a stated sales price of $22 million. In connection with this divestiture, we recognized a gain on sale of $9 million, which is included in impairment, restructuring and other operating items, net, in our condensed consolidated statement of operations. AT&T is providing ongoing support to the AT&T Acquired Entities under the AT&T TSA for a period up to 36 months following the closing of the AT&T Acquisition. Services under the AT&T TSA include, but are not limited to, (i) network operations, (ii) customer service, (iii) finance and accounting, (iv) information technology, (v) sales and marketing and (vi) content-related services. We may terminate any services under the AT&T TSA upon sixty business days’ notice to AT&T in accordance with the terms and conditions of the AT&T TSA. We have accounted for the AT&T Acquisition as a business combination using the acquisition method of accounting, whereby the total purchase price was allocated to the acquired identifiable net assets of the AT&T Acquired Entities based on assessments of their respective fair values, and the excess of the total purchase price over the fair values of these identifiable net assets was allocated to goodwill. A summary of the purchase price and the opening balance sheet of the AT&T Acquired Entities at the October 31, 2020 acquisition date is presented in the following table. The opening balance sheet presented below reflects our final purchase price allocation (in millions): Current assets (a) (b) $ 155.6 Goodwill (c) 196.9 Property and equipment 768.6 Intangible assets subject to amortization (d) 85.6 Intangible assets not subject to amortization (e) 1,043.0 Other assets (b) (g) 272.8 Current liabilities (f) (g) (67.9) Long-term debt and finance lease obligations (10.6) Non-current deferred tax liabilities (344.3) Other long-term liabilities (g) (167.3) Total purchase price (h) $ 1,932.4 (a) Current assets consists of trade receivables, prepaid expenses and other current assets. (b) Current assets and other assets include $67 million and $39 million, respectively, in equipment installment-plan receivables. (c) The goodwill recognized in connection with the AT&T Acquisition is primarily attributable to (i) the ability to take advantage of the AT&T Acquired Entities’ existing mobile network to gain immediate access to potential customers and (ii) synergies that are expected to be achieved through the integration of the AT&T Acquired Entities with Liberty Latin America. Due to the nature of the AT&T Acquisition, no tax deductions related to goodwill are expected. (d) Amount includes intangible assets related to customer relationships. At October 31, 2020, the weighted average useful life of the acquired customer relationship intangible assets was approximately 10 years. (e) Amount represents the value of spectrum licenses. (f) Current liabilities include accounts payable, current portion of debt and finance lease obligations and other accrued and current liabilities. (g) Other assets, current liabilities and other long-term liabilities include $182 million, $33 million and $163 million related to operating lease right-of-use assets, current operating lease obligations and non-current operating lease obligations, respectively. (h) Amount excludes $51 million and $5 million of direct acquisition costs, incurred during 2020 and 2019, respectively. Supplemental Pro Forma Information The pro forma financial information set forth in the tables below is based on available information and assumptions that we believe are reasonable. The pro forma financial information is for illustrative and informational purposes only and is not intended to represent or be indicative of what our results of operations would have been had these acquisitions occurred on the date indicated nor should it be considered representative of our future financial condition or results of operations. The pro forma information set forth in the tables below include, as applicable, tax-effected pro forma adjustments primarily related to: i. the impact of estimated costs associated with the AT&T TSA that replaced parent-company allocations included in the historical financial statements of the AT&T Acquired Entities; ii. the impact of new rate agreements associated with roaming, subsea and ethernet services stemming from the AT&T Acquisition; iii. the alignment of accounting policies; iv. interest expense related to additional borrowings in conjunction with the AT&T Acquisition and the Telefónica-Costa Rica Acquisition; v. amortization expense related to acquired intangible assets; and vi. the elimination of direct acquisition costs. The following unaudited pro forma condensed consolidated operating results give effect to the Telefónica-Costa Rica Acquisition, as if it had been completed as of January 1, 2020: Three months ended September 30, 2021 Nine months ended September 30, 2021 in millions Revenue $ 1,220.8 $ 3,684.8 Net earnings attributable to Liberty Latin America shareholders $ 81.7 $ 191.6 The following unaudited pro forma condensed consolidated operating results give effect to (i) the Telefónica-Costa Rica Acquisition, as if it had been completed as of January 1, 2020, and (ii) the AT&T Acquisition, as if it had been completed as of January 1, 2019: Three months ended September 30, 2020 Nine months ended September 30, 2020 in millions Revenue $ 1,184.5 $ 3,518.1 Net loss attributable to Liberty Latin America shareholders $ (44.3) $ (542.1)

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative InstrumentsIn general, we seek to enter into derivative instruments to protect against (i) increases in the interest rates on our variable-rate debt and (ii) foreign currency movements, particularly with respect to borrowings that are denominated in a currency other than the functional currency of the borrowing entity. In this regard, through our subsidiaries, we have entered into various derivative instruments to manage interest rate exposure and foreign currency exposure with respect to the U.S. dollar, the CLP, the COP and the JMD. With the exception of certain foreign currency forward contracts, we do not apply hedge accounting to our derivative instruments. Accordingly, changes in the fair values of most of our derivative instruments are recorded in realized and unrealized gains or losses on derivative instruments in our condensed consolidated statements of operations. The following table provides details of the fair values of our derivative instrument assets and liabilities: September 30, 2021 December 31, 2020 Current (a)(b) Long-term (a)(b) Total Current (a) Long-term (a) Total in millions Assets: Cross-currency and interest rate derivative contracts (c) $ — $ 14.1 $ 14.1 $ 0.7 $ 4.4 $ 5.1 Liabilities: Cross-currency and interest rate derivative contracts (c) $ 44.7 $ 57.5 $ 102.2 $ 71.4 $ 403.0 $ 474.4 Foreign currency forward contracts 0.1 — 0.1 18.8 — 18.8 Total $ 44.8 $ 57.5 $ 102.3 $ 90.2 $ 403.0 $ 493.2 (a) Our current derivative assets, long-term derivative assets and long-term derivative liabilities are included in other current assets, net, other assets, net, and other long-term liabilities, respectively, in our condensed consolidated balance sheets. (b) In connection with the pending formation of the Chile JV, the derivative assets and liabilities associated with the Chile JV Entities have been included in assets held for sale and liabilities associated with assets held for sale, respectively, on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8. (c) 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 primary borrowing groups (see note 9) and are recorded in realized and unrealized gains (losses) on derivative instruments, net. For further information regarding our fair value measurements, see note 6. The derivative assets set forth in the table above exclude our Weather Derivatives as they are not accounted for at fair value. The premium payments associated with our Weather Derivatives are included in other current assets, net, in our condensed consolidated balance sheets. The details of our realized and unrealized gains (losses) on derivative instruments, net, are as follows: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Cross-currency and interest rate derivative contracts (a) (b) $ 285.1 $ (70.7) $ 464.2 $ (234.7) Foreign currency forward contracts 15.4 (2.3) 20.1 5.8 Weather Derivatives (8.5) (5.1) (20.1) (10.8) Total $ 292.0 $ (78.1) $ 464.2 $ (239.7) (a) Changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net gains (losses) of ($15 million) and $1 million during the three months ended September 30, 2021 and 2020, respectively, and ($44 million) and $41 million during the nine months ended September 30, 2021 and 2020, respectively. Included in these amounts for the three and nine months ended September 30, 2021 are net losses of $12 million and $29 million, respectively, related to the Chile JV Entities . (b) The losses for the nine months ended September 30, 2020 include a realized gain of $71 million associated with the settlement of certain cross-currency interest rate swaps at VTR in June 2020 that were unwound in connection with the refinancing of certain VTR debt in 2020. The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments: Nine months ended September 30, 2021 2020 in millions Operating activities $ (109.0) $ (32.1) Investing activities (2.0) 7.4 Financing activities (a) (43.0) 180.6 Total $ (154.0) $ 155.9 (a) The 2021 amount is associated with activity during the first quarter of 2021 primarily related to (i) $11 million associated with the settlement of interest rate swaps at VTR in connection with the refinancing of the VTR Credit Facilities and (ii) $32 million associated with the settlement of interest rate swaps at Liberty Puerto Rico in connection with the refinancing of the LPR Credit Facilities. The 2020 amount is primarily related to the settlement of certain cross-currency interest rate swaps at VTR. For additional information regarding our debt refinancing activity, see note 9. Counterparty Credit Risk We are exposed to the risk that the counterparties to the derivative instruments of our 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 has not been posted by either party under the derivative instruments of our borrowing groups. At September 30, 2021, our exposure to counterparty credit risk resulting from our net derivative position was not material. Each of our borrowing groups has entered into derivative instruments under agreements with each counterparty that contain master netting arrangements that are applicable in the event of early termination by either party to such derivative instrument. The master netting arrangements under each of these master agreements are limited to the derivative instruments governed by the relevant master agreement within each individual borrowing group and are independent of similar arrangements of our other subsidiary borrowing groups. Details of our Derivative Instruments Cross-currency Derivative Contracts As noted above, we are exposed to foreign currency exchange rate risk in situations where our debt is denominated in a currency other than the functional currency of the operations whose cash flows support our ability to service, repay or refinance such debt. Although we generally seek to match the denomination of our borrowings with the functional currency of the operations that are supporting the respective borrowings, market conditions or other factors may cause us to enter into borrowing arrangements that are not denominated in the functional currency of the underlying operations (unmatched debt). Our policy is generally to provide for an economic hedge against foreign currency exchange rate movements, whenever possible and when cost effective to do so, by using derivative instruments to synthetically convert unmatched debt into the applicable underlying currency. At September 30, 2021, our C&W borrowing group had a cross-currency swap contract with notional amounts due from and to counterparties of $56 million and COP 197,014 million, respectively, with a remaining contractual life of 4.8 years. Interest Rate Derivative Contracts Interest Rate Swaps As noted above, we enter into interest rate swaps to protect against increases in the interest rates on our variable-rate debt. Pursuant to these derivative instruments, we typically pay fixed interest rates and receive variable interest rates on specified notional amounts. The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our interest rate swap contracts at September 30, 2021: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,840.0 6.8 Liberty Puerto Rico $ 500.0 10.2 Costa Rica (b) $ 276.7 2.0 (a) Includes forward-starting derivative instruments and, on certain interest rate swaps, an embedded floor of 0%. (b) Includes an embedded floor of 0.75%. Basis Swaps 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 the related weighted average remaining contractual lives of our basis swap contracts at September 30, 2021: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W $ 1,510.0 0.3 Liberty Puerto Rico $ 500.0 0.3 Foreign Currency Forwards Contracts We enter into foreign currency forward contracts with respect to non-functional currency exposure. At September 30, 2021, our Costa Rica borrowing group had foreign currency forward contracts with total notional amounts due from and to counterparties of $11 million and CRC 6,828 million, respectively, with a weighted average remaining contractual life of 0.2 years. Interest Rate Floors Interest rate floors provide protection against interest rates falling below a pre-set level. During 2021, we entered into an interest rate floor at Liberty Puerto Rico associated with the refinancing of the LPR Credit Facilities. At September 30, 2021, the total notional amount of our interest rate floor was $500 million with a remaining contractual life of 7.0 years.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements General We record most of our derivative instruments at fair value. The reported fair values of our derivative instruments as of September 30, 2021 likely will not represent the value that will be paid or received upon the ultimate settlement or disposition of these assets and liabilities, as we expect that the values realized generally will be based on market conditions at the time of settlement, which may occur at the maturity of the derivative instrument or at the time of the repayment or refinancing of the underlying debt instrument. U.S. GAAP provides for a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. Recurring Fair Value Measurements Derivatives In order to manage our interest rate and foreign currency exchange risk, we have entered into various derivative instruments, as further described in note 5. The recurring fair value measurements of these derivative instruments are determined using discounted cash flow models. Most of the inputs to these discounted cash flow models consist of, or are derived from, observable Level 2 data for substantially the full term of these derivative instruments. This observable data mostly includes interest rate futures and swap rates, which are retrieved or derived from available market data. Although we may extrapolate or interpolate this data, we do not otherwise alter this data in performing our valuations. We 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 and our counterparties’ credit spreads represent our most significant Level 3 inputs, and these inputs are used to derive the credit risk valuation adjustments with respect to these instruments. As we would not expect changes in our or our counterparties’ credit spreads to have a significant impact on the valuations of these instruments, we have determined that these valuations fall under Level 2 of the fair value hierarchy. Our credit risk valuation adjustments with respect to our interest rate and cross-currency derivative contracts are quantified and further explained in note 5. The Sable Currency Swaps, which were fully settled during the first quarter of 2021, were our only Level 3 financial instruments due to the lack of Level 2 inputs for the valuation. The fair value of the Sable Currency Swaps at December 31, 2020 was $1 million, which is included in other assets, net, in our condensed consolidated balance sheet. The change in the fair value of the Sable Currency Swaps resulted in net gains (losses) of nil and $3 million during the three months ended September 30, 2021 and 2020, respectively, and ($1 million) and $16 million during the nine months ended September 30, 2021 and 2020, respectively, which are reflected in realized and unrealized gains (losses) on derivative instruments, net, in our condensed consolidated statements of operations. Nonrecurring Fair Value Measurements Fair value measurements are also used for purposes of nonrecurring valuations performed in connection with acquisition accounting and impairment assessments. Acquisition Accounting The nonrecurring valuations associated with acquisition accounting, which use significant unobservable inputs and therefore fall under Level 3 of the fair value hierarchy, primarily include the valuation of property and equipment, customer relationships and spectrum intangible assets, as further described below: • Property and equipment. The valuation of property and equipment may use either an indirect cost approach, which utilizes trends based on historical cost information, or a combination of indirect cost approach, market approach and direct replacement cost method, which considers factors such as current prices of the same or similar equipment, the age of the equipment and economic obsolescence. • Customer relationships. 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 for customer relationship intangible assets requires us to estimate the specific cash flows expected from the acquired customer relationships, considering such factors as estimated customer life, the revenue expected to be generated over the life of the customer relationships, contributory asset charges and other factors. • Spectrum intangible assets. The valuation of spectrum intangible assets may use either an adjusted market-based approach, which requires the calibration of observable market inputs to reflect the fair value of the assets acquired, or a combination of an adjusted market-based approach with other methods, such as an income-based approach (e.g. the “greenfield” valuation method), which requires a wide range of assumptions and inputs, including forecasting costs associated with building a complementary asset base. During 2021, we performed nonrecurring valuations related to the preliminary acquisition accounting for the Telefónica-Costa Rica Acquisition and finalized our acquisition accounting for the AT&T Acquisition. The weighted average discount rates used in the valuations of the customer relationships acquired in the Telefónica-Costa Rica Acquisition and the AT&T Acquisition were approximately 11% and 10%, respectively. The weighted average discount rate used in the valuation of the spectrum licenses acquired in the AT&T Acquisition was approximately 8%. For information related to the status of valuation work associated with assets acquired in connection with the Telefónica-Costa Rica Acquisition and the AT&T Acquisition, see note 4. Other During the third quarter of 2021, we recorded a $41 million impairment charge in connection with an impairment assessment of a cost basis investment.

Long-lived Assets

Long-lived Assets	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Long-lived Assets	Long-lived Assets Goodwill Changes in the carrying amount of our goodwill are set forth below: January 1, Acquisitions Reclassification to assets held for sale (a) Foreign September 30, in millions C&W Caribbean and Networks $ 3,112.0 $ — $ — $ (48.6) $ 3,063.4 C&W Panama 617.1 — — — 617.1 Liberty Puerto Rico 629.9 (155.3) — — 474.6 VTR 374.6 — (329.1) (45.5) — Costa Rica 151.9 260.1 — (5.5) 406.5 Total $ 4,885.5 $ 104.8 $ (329.1) $ (99.6) $ 4,561.6 (a) In connection with the pending formation of the Chile JV, the goodwill associated with the Chile JV Entities has been included in assets held for sale on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8. Based on the results of our prior-year goodwill impairment test, if, among other factors, (i) our equity values were to decline significantly or (ii) the adverse impacts stemming from COVID-19, competition, economic, regulatory or other factors, including macro-economic and demographic trends, cause our results of operations or cash flows to be worse than currently anticipated, we could conclude in future periods that additional impairment charges of certain reporting units are required in order to reduce the carrying values of goodwill. Any such impairment charges could be significant. Our accumulated goodwill impairments were $1,624 million at each of September 30, 2021 and December 31, 2020. Property and Equipment, Net The details of our property and equipment and the related accumulated depreciation are set forth below: September 30, 2021 (a) December 31, in millions Distribution systems $ 4,659.5 $ 5,082.9 CPE 1,028.7 1,935.5 Support equipment, buildings and land 1,473.1 1,721.3 7,161.3 8,739.7 Accumulated depreciation (2,914.4) (3,828.3) Total $ 4,246.9 $ 4,911.4 (a) In connection with the pending formation of the Chile JV, the property and equipment and related accumulated depreciation associated with the Chile JV Entities have been included in assets held for sale on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8. During the nine months ended September 30, 2021 and 2020, we recorded non-cash increases to our property and equipment related to vendor financing arrangements aggregating $65 million and $81 million, respectively. Intangible Assets Subject to Amortization, Net The details of our intangible assets subject to amortization and the related accumulated amortization are set forth below: September 30, December 31, in millions Customer relationships $ 1,645.3 $ 1,554.8 Licenses and other 284.4 159.4 1,929.7 1,714.2 Accumulated amortization (1,054.1) (855.3) Total $ 875.6 $ 858.9

Assets Held for Sale

Assets Held for Sale	9 Months Ended
	Sep. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]
Assets Held for Sale	Assets Held for Sale On September 29, 2021, we entered into an agreement with América Móvil to contribute the Chile JV Entities to América Móvil’s Chilean operations to form the Chile JV that will be owned 50:50 by Liberty Latin America and América Móvil. The consummation of the transaction is subject to certain customary closing conditions, including regulatory approvals, and is expected to close in the second half of 2022. In connection with this transaction, we will make a balancing payment to América Móvil of CLP 73 billion ($0.1 billion equivalent). The transaction will not trigger a change of control under VTR’s debt agreements, and is not subject to Liberty Latin America or América Móvil shareholder approvals. Following completion of the transaction, we expect to account for our 50% interest in the Chile JV as an equity method investment. Effective with the agreement to form the Chile JV, we began accounting for the Chile JV Entities as held for sale. Accordingly, we ceased to depreciate the long-lived assets of the Chile JV Entities. We have not presented Chile JV Entities as a discontinued operation, as this transaction does not represent a strategic shift that will have a major effect on our financial results or operations. The carrying amounts of the major classes of assets and liabilities that are classified as held for sale at September 30, 2021 are summarized below (in millions): Assets: Cash and cash equivalents (a) $ 154.0 Other current assets, net (b) 125.9 Property and equipment, net 680.7 Goodwill 329.1 Other assets, net (b) 252.5 Total assets $ 1,542.2 Liabilities: Current portion of debt $ 86.4 Other accrued and current liabilities (c) 295.2 Long-term debt 1,415.6 Other long-term liabilities (c) 39.7 Total liabilities $ 1,836.9 (a) Amount excludes certain cash and cash equivalent balances of the Chile JV Entities that will be retained by Liberty Latin America upon the formation of the Chile JV and are therefore not classified as held for sale. (b) Other current assets, net and other assets, net, include $17 million and $202 million, respectively, related to derivative assets. (c) Other accrued and current liabilities and other long-term liabilities include $21 million and $1 million, respectively, related to derivative liabilities. Our condensed consolidated statements of operations include earnings (loss) before income taxes attributable to the Chile JV Entities of $159 million and ($65 million) for the three months ended September 30, 2021 and 2020, respectively, and $200 million and ($106 million) for the nine months ended September 30, 2021 and 2020, respectively.

Debt and Finance Lease Obligati

Debt and Finance Lease Obligations	9 Months Ended
	Sep. 30, 2021
Debt and Lease Obligation [Abstract]
Debt and Finance Lease Obligations	Debt and Finance Lease Obligations The U.S. dollar equivalents of the components of our debt are as follows: September 30, 2021 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent September 30, December 31, 2020 September 30, December 31, 2020 in millions Convertible Notes (d) 2.00 % — $ — $ 408.1 $ 381.8 $ 402.5 $ 402.5 C&W Notes 6.74 % — — 2,377.9 2,435.8 2,270.0 2,270.0 C&W Credit Facilities 2.75 % (e) 790.0 1,832.6 1,834.7 1,853.4 1,856.2 LPR Senior Secured Notes 6.12 % — — 2,217.8 1,389.4 2,110.0 1,290.0 LPR Credit Facilities 3.83 % $ 167.5 167.5 500.6 1,002.5 500.0 1,000.0 VTR debt — (f) (f) (f) 1,483.5 (f) 1,394.5 Cabletica Credit Facilities (g) 7.26 % $ 7.0 7.0 409.6 119.3 411.7 119.6 Vendor financing (f) (h) 2.66 % — — 82.0 168.1 82.0 168.1 Total debt before premiums, discounts and deferred financing costs 5.14 % $ 964.5 $ 7,828.6 $ 8,815.1 $ 7,629.6 $ 8,500.9 The following table provides a reconciliation of total debt before premiums, discounts and deferred financing costs to total debt and finance lease obligations: September 30, December 31, 2020 in millions Total debt before premiums, discounts and deferred financing costs $ 7,629.6 $ 8,500.9 Premiums, discounts and deferred financing costs, net (123.2) (157.1) Total carrying amount of debt 7,506.4 8,343.8 Finance lease obligations 12.3 13.4 Total debt and finance lease obligations 7,518.7 8,357.2 Less: Current maturities of debt and finance lease obligations (75.6) (161.9) Long-term debt and finance lease obligations $ 7,443.1 $ 8,195.3 (a) Represents the weighted average interest rate in effect at September 30, 2021 for all borrowings outstanding (excluding those of the Chile JV Entities) 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. (b) Unused borrowing capacity represents the maximum availability under the applicable facility at September 30, 2021 without regard to covenant compliance calculations or other conditions precedent to borrowing. At September 30, 2021, the full amount of unused borrowing capacity was available to be borrowed under each of the respective subsidiary facilities, including VTR, both before and after completion of the September 30, 2021 compliance reporting requirements. At September 30, 2021, except as may be limited by tax and legal considerations, the presence of noncontrolling interests, foreign currency exchange restrictions with respect to certain C&W subsidiaries and other factors, there were no restrictions on the respective subsidiary’s ability to upstream cash from this availability to Liberty Latin America or its subsidiaries or other equity holders. (c) The estimated fair values of our debt instruments are determined using the applicable bid prices (mostly Level 1 of the fair value hierarchy) or from quoted prices for similar instruments in active markets adjusted for the estimated credit spreads of the applicable entity, to the extent available, and other relevant factors (Level 2 of the fair value hierarchy). For additional information regarding fair value hierarchies, see note 6. (d) The interest rate reflects the stated rate of the Convertible Notes. The effective interest rate of the Convertible Notes is 6.7%, which considers the impact of a discount recorded in connection with the value ascribed to the instrument’s conversion option. At September 30, 2021, the carrying value of the Convertible Notes was $354 million and the unamortized debt discount on the Convertible Notes was $46 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar, Trinidad & Tobago dollar and Jamaican dollar revolving credit facilities. (f) In connection with the pending formation of the Chile JV, the outstanding third-party debt and vendor financing of the Chile JV Entities has been reflected in liabilities associated with assets held for sale on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8. (g) The Cabletica Credit Facilities comprise certain Costa Rican colón and U.S. dollar term loans and a U.S. dollar revolving credit facility. (h) Represents amounts owed pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our operating expenses and property and equipment additions. These obligations are generally due within one year and include VAT that were paid on our behalf by the vendor. Our operating expenses include $82 million and $78 million for the nine months ended September 30, 2021 and 2020, respectively, that were financed by an intermediary and are reflected on the borrowing date as a cash outflow within net cash provided by operating activities and a cash inflow within net cash provided by financing activities in our condensed consolidated statements of cash flows. Repayments of vendor financing obligations are included in payments of principal amounts of debt and finance lease obligations in our condensed consolidated statements of cash flows. Financing Activity The general terms of the significant notes we issued and credit facilities we entered into or amended during 2021, including activity related to the Chile JV Entities, are as follows: Borrowing group Issued at Interest rate Borrowing Non-cash component (a) Instrument Maturity Borrowing currency USD equivalent in millions C&W C&W Revolving Credit Facility N/A January 30, 2027 LIBOR + 3.25% (b) $ — Liberty Puerto Rico 2029 LPR Senior Secured Notes 100% July 15, 2029 5.125% $ 820.0 $ 820.0 $ 500.0 Liberty Puerto Rico 2028 LPR Term Loan 100% October 15, 2028 LIBOR + 3.75% $ 500.0 $ 500.0 $ 500.0 Liberty Puerto Rico LPR Revolving Credit Facility N/A March 15, 2027 LIBOR + 3.5% (c) $ — VTR 2029 VTR Senior Secured Notes 100% April 15, 2029 4.375% $ 410.0 $ 410.0 $ 60.0 VTR VTR RCF – A N/A June 15, 2026 TAB + 3.35% $ — $ — $ — Costa Rica (d) Cabletica Term Loan B-1 Facility 100% August 1, 2024 LIBOR + 5.50% (e) $ 227.5 $ 227.5 $ — Costa Rica (d) Cabletica Term Loan B-2 Facility 100% August 1, 2024 TBP + 6.75% CRC 36,457.9 $ 58.8 N/A $ — (a) Represents the non-cash component of the financing, if any. Non-cash activity relates to cash borrowed that did not pass through our bank accounts, as financing proceeds from the issuance of debt were used to directly repay some or all of outstanding debt instruments within the same borrowing group. (b) In September 2021, the C&W Revolving Credit Facility was amended to extend the maturity of $580 million in underlying commitments from January 30, 2026 to January 30, 2027. (c) Total commitments under the LPR Revolving Credit Facility were increased by $43 million during the first quarter of 2021. (d) Borrowings under the Cabletica Term Loan B-1 Facility and Cabletica Term Loan B-2 Facility were used to fund a portion of the Telefónica-Costa Rica Acquisition. (e) Subject to a LIBOR floor of 75 basis points. During 2021, we made repayments on the following debt instruments, including repayments related to the Chile JV Entities: Borrowing group Redemption price Principal amount repaid Non-cash component (b) Loss on debt extinguishment Instrument Borrowing currency USD equivalent (a) in millions Liberty Puerto Rico 2026 SPV Credit Facility 100% $ 1,000.0 $ 1,000.0 $ 1,000.0 $ 14.3 VTR 2028 VTR Senior Secured Notes 103% $ 120.0 $ 120.0 $ 60.0 $ 4.0 VTR VTR TLB-1 Facility 100% CLP 140,900.0 $ 196.4 $ — $ 5.6 VTR VTR TLB-2 Facility 100% CLP 33,100.0 $ 46.1 $ — $ 1.3 (a) Translated at the transaction date, if applicable. (b) Represents the non-cash component of the repayment, if any. Non-cash activity relates to cash repayments that did not pass through our bank accounts, as financing proceeds from the issuance of debt were used to directly repay some or all of outstanding debt instruments within the same borrowing group. Maturities of Debt Maturities of our debt as of September 30, 2021 are presented below. The table below excludes the debt of the Chile JV Entities as it has been reflected in liabilities associated with assets held for sale on our September 30, 2021 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents based on September 30, 2021 exchange rates: C&W Liberty Puerto Rico Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2021 (remainder of year) $ 28.2 $ — $ — $ 0.1 $ 28.3 2022 60.2 — — 0.5 60.7 2023 124.7 — — 0.6 125.3 2024 60.8 — 411.7 402.8 875.3 2025 144.6 — — — 144.6 2026 500.6 — — — 500.6 Thereafter 3,284.8 2,610.0 — — 5,894.8 Total debt maturities 4,203.9 2,610.0 411.7 404.0 7,629.6 Premiums, discounts and deferred financing costs, net (27.3) (38.3) (8.8) (48.8) (123.2) Total debt $ 4,176.6 $ 2,571.7 $ 402.9 $ 355.2 $ 7,506.4 Current portion $ 74.4 $ — $ — $ 0.4 $ 74.8 Noncurrent portion $ 4,102.2 $ 2,571.7 $ 402.9 $ 354.8 $ 7,431.6 (a) Represents the amount held by Liberty Latin America on a standalone basis plus the aggregate amount held by subsidiaries of Liberty Latin America that are outside our borrowing groups. Subsequent Event In October 2021, we entered into the C&W Term Loan B-6 Facility. Interest is payable quarterly on the C&W Term Loan B-6 Facility. The net proceeds from the C&W Term Loan B-6 Facility were primarily used to (i) redeem in full, $500 million of aggregate principal amount under the 2026 C&W Senior Notes at a redemption price of 103.75% and (ii) redeem $55 million of aggregate principal amount under the 2027 C&W Senior Secured Notes at a redemption price of 103.0%.

Leases

Leases	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Leases	Leases The following table provides details of our operating lease expense: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Operating lease expense: Operating lease cost $ 25.6 $ 10.3 $ 66.1 $ 32.9 Short-term lease cost 5.3 3.5 15.2 9.7 Total operating lease expense $ 30.9 $ 13.8 $ 81.3 $ 42.6 Our operating lease expense is included in facility, provision, franchise and other expense, in other operating costs and expenses, in our condensed consolidated statements of operations. Certain other details of our operating leases are set forth in the tables below: September 30, 2021 December 31, in millions Operating lease right-of-use assets $ 385.5 $ 328.6 Operating lease liabilities: Current $ 78.9 $ 63.2 Noncurrent 320.0 269.7 Total operating lease liabilities $ 398.9 $ 332.9 Weighted-average remaining lease term 6.8 years 7.2 years Weighted-average discount rate 7.3 % 5.6 % Nine months ended 2021 2020 in millions Operating cash outflows related to operating leases $ 63.6 $ 29.1 Right-of-use assets obtained in exchange for new operating lease liabilities (a) $ 138.9 $ 23.0 (a) Represents non-cash transactions associated with operating leases entered into during the nine months ended September 30, 2021 and 2020, respectively, including $117 million acquired in connection with the Telefónica-Costa Rica Acquisition. Our operating lease right-of-use assets are included in other assets, net other long-term liabilities Maturities of Operating Leases Maturities of our operating lease liabilities as of September 30, 2021 are presented below. The table below excludes the operating lease liabilities of the Chile JV Entities as they have been reflected in liabilities associated with assets held for sale on our September 30, 2021 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents (in millions) based on September 30, 2021 exchange rates. Years ending December 31: 2021 (remainder of year) $ 23.7 2022 90.6 2023 77.5 2024 68.4 2025 60.8 2026 51.5 Thereafter 134.2 Total operating lease liabilities on an undiscounted basis 506.7 Present value discount (107.8) Present value of operating lease liabilities $ 398.9

Unfulfilled Performance Obligat

Unfulfilled Performance Obligations	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Unfulfilled Performance Obligations	Unfulfilled Performance Obligations We enter into certain long-term capacity contracts with customers where the customer either pays a fixed fee over time or prepays for the capacity upfront and pays a portion related to operating and maintenance of the network over time. We assess whether prepaid capacity contracts contain a significant financing component. If the financing component is significant, interest expense is accreted over the life of the contract using the effective interest method. The revenue associated with prepaid capacity contracts is deferred and generally recognized on a straight-line basis over the life of the contract. As of September 30, 2021, we have approximately $375 million of unfulfilled performance obligations relating to our long-term capacity contracts, primarily subsea contracts, that generally will be recognized as revenue over a weighted average remaining life of six years.

Programming and Other Direct Co

Programming and Other Direct Costs of Services	9 Months Ended
	Sep. 30, 2021
Other Income and Expenses [Abstract]
Programming and Other Direct Costs of Services	Programming and Other Direct Costs of Services Programming and other direct costs of services include programming and copyright costs, interconnect and access costs, costs of mobile handsets and other devices, and other direct costs related to our operations. Our programming and other direct costs of services by major category are set forth below: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Programming and copyright $ 108.5 $ 96.0 $ 334.7 $ 289.5 Interconnect 69.7 58.2 201.9 183.3 Equipment and other 112.8 35.5 310.3 107.4 Total programming and other direct costs of services $ 291.0 $ 189.7 $ 846.9 $ 580.2

Other Operating Costs and Expen

Other Operating Costs and Expenses	9 Months Ended
	Sep. 30, 2021
Other Income and Expenses [Abstract]
Other Operating Costs and Expenses	Other Operating Costs and Expenses Other operating costs and expenses set forth in the table below comprise the following cost categories: • Personnel and contract labor-related costs, which primarily include salary-related and cash bonus expenses, net of capitalizable labor costs, and temporary contract labor costs; • Network-related expenses, which primarily include costs related to network access, system power, core network, CPE repair, maintenance and test costs; • Service-related costs, which primarily include professional services, information technology-related services, audit, legal and other services; • Commercial , which primarily includes sales and marketing costs, such as advertising, commissions and other sales and marketing-related costs, and customer care costs related to outsourced call centers; • Facility, provision, franchise and other , which primarily includes facility-related costs, provision for bad debt expense, franchise-related fees, bank fees, insurance, travel and entertainment and other operating-related costs; and • Share-based compensation expense that relates to (i) equity awards issued to our employees and Directors and (ii) bonus-related expenses that will be paid in the form of equity. Our other operating costs and expenses by major category are set forth below: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Personnel and contract labor $ 142.9 $ 113.9 $ 425.1 $ 351.6 Network-related 85.0 66.4 242.8 193.2 Service-related 47.4 35.2 140.2 110.0 Commercial 57.4 38.8 163.5 120.3 Facility, provision, franchise and other 122.2 83.3 342.0 255.4 Share-based compensation expense 33.1 28.0 88.9 75.3 Total other operating costs and expenses $ 488.0 $ 365.6 $ 1,402.5 $ 1,105.8

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We evaluate and update our estimated annual effective income tax rate on a quarterly basis based on current and forecasted operating results and tax laws. For interim tax reporting, we estimate an annual effective tax rate that is applied to year-to-date ordinary income or loss. The tax effects of significant unusual or infrequently occurring items are excluded from the estimated annual effective tax rate calculation and recognized in the interim period in which they occur. Our interim estimate of our annual effective tax rate and our interim tax provision are subject to volatility due to factors such as jurisdictions in which our deferred taxes and/or tax attributes are subject to a full valuation allowance, relative changes in unrecognized tax benefits and changes in tax laws. Based upon the mix and timing of our actual annual earnings or loss compared to annual projections, as well as changes in the factors noted above, our effective tax rate may vary quarterly and may make quarterly comparisons not meaningful. Income tax benefit (expense) was ($39 million) and $43 million during the three months ended September 30, 2021 and 2020, respectively, and ($105 million) and $33 million during the nine months ended September 30, 2021 and 2020, respectively. This represents an effective income tax rate of (34.6%) and (32.2%) for the three months ended September 30, 2021 and 2020, respectively, and (39.0%) and (4.1%) for the nine months ended September 30, 2021 and 2020, respectively, including items treated discretely. For the three and nine months ended September 30, 2021, the income tax expense attributable to our earnings before income taxes differs from the amounts computed using the statutory tax rate, primarily due to detrimental effects of international rate differences, net increases in valuation allowances, negative effects of permanent tax differences, such as non-deductible expenses, and inclusion of withholding taxes on cross-border payments. These negative impacts to our effective tax rate were partially offset by the beneficial effects of permanent tax differences, such as non-taxable income. For the three months ended September 30, 2021, income tax expense reflects net favorable changes in uncertain tax positions. For the nine months ended September 30, 2021, income tax expense reflects net unfavorable changes in uncertain tax positions. For the three and nine months ended September 30, 2020, the income tax benefit attributable to our loss before income taxes differs from the amounts computed using the statutory tax rate, primarily due to the beneficial effects of international rate differences, net favorable changes in uncertain tax positions, and permanent items, such as non-taxable income. These beneficial impacts to our effective tax rate were partially offset by the negative effects of increases in valuation allowances, permanent items, such as non-deductible goodwill impairment and other non-deductible expenses, as well as the inclusion of withholding taxes on cross-border payments. For the three and nine months ended September 30, 2020, we satisfied requirements imposed under recent tax reforms and, as a result, reduced our uncertain tax positions by $20 million. Additionally, during the nine months ended September 30, 2020, we closed certain tax audits and, as a result, reduced our uncertain tax positions by $18 million . These amounts have been reflected as discrete tax benefits in our condensed consolidated statement of operations.

Share-based Compensation

Share-based Compensation	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Share-based Compensation	Share-based Compensation Share-based Incentive Awards The following tables summarize the share-based incentive awards related to Liberty Latin America Class A and Class C common shares held by our employees and our Directors as of September 30, 2021. Number of Weighted average exercise price Share-based incentive award type SARs: Class A common shares: Outstanding 6,491,094 $ 16.16 Exercisable 2,781,882 $ 19.58 Class C common shares: Outstanding 12,971,448 $ 16.21 Exercisable 5,553,395 $ 19.63 Number of Share-based incentive award type RSUs outstanding: Class A common shares 1,172,984 Class C common shares 2,345,707 PSUs outstanding: Class A common shares 754,044 Class C common shares 1,573,623 The following tables summarize the share-based incentive awards related to Liberty Latin America Class A and Class C common shares granted to our employees and our Directors during the nine months ended September 30, 2021. Number of Weighted average exercise price Weighted average grant date fair value Share-based incentive award type SARs granted: Class A common shares 1,922,255 $ 13.97 $ 6.44 Class C common shares 3,844,510 $ 14.07 $ 6.43 PSARs granted (2021 PSARs): Class A common shares 2,733,325 $ 13.98 $ 6.90 Class C common shares 5,466,675 $ 14.08 $ 6.87 Number of Weighted average grant-date fair value Share-based incentive award type RSUs granted: Class A common shares (a) 1,548,992 $ 13.88 Class C common shares (a) 3,204,589 $ 14.00 PSUs granted (2020 PSUs): Class A common shares 645,704 $ 11.76 Class C common shares 1,347,552 $ 11.48 (a) During March 2021, we granted 0.6 million and 1.2 million shares of Class A and Class C RSUs, respectively, that vested immediately in settlement of certain bonus liabilities relating to the year ended December 31, 2020, which are included in the amounts presented in the table. 2021 PSARs During 2021, certain key employees received a one-time grant of PSARs (the 2021 PSARs ). Each award represents the right to receive a payment in shares or, if the compensation committee so determines, cash or a combination of cash and shares, equal to the excess of the fair market value of the common shares on the day of exercise over the exercise price, subject to performance and vesting. The 2021 PSARs, have a term of ten years, a performance period from January 1, 2021 and ending December 31, 2023 and will vest on March 16, 2024 based on the continued employment of the recipient through this date. The 2021 PSARs have performance conditions based on the achievement of individual objectives during the performance period. These objectives consist of qualitative measures. 2020 PSUs In early 2020, our compensation committee approved target annual equity awards (the 2020 PSUs ) to be granted to executive officers and certain other employees. The initial targets for the annual equity awards were identical to the 2019 targets. Because of the COVID-19 pandemic, and the difficulty in providing clarity on our then expected results over a two-year performance period for the 2020 PSUs, the compensation committee determined in July 2020 to delay the setting of the performance target for the 2020 PSUs so that the compensation committee would have better visibility of the impacts of the pandemic on the long-range plans for Liberty Latin America. As a result of this delay in setting the performance targets, no targets were communicated to award recipients, and as such, a grant date for accounting purposes was not considered to have occurred. On February 19, 2021, in light of the ongoing COVID-19 pandemic, the compensation committee reevaluated, reset and communicated the financial and operational targets for earning the 2020 PSUs thereby establishing a grant date for the 2020 PSUs. Each of the 2020 PSUs represents the right to receive one Liberty Latin America Class A or Class C common share, as applicable, subject to achievement of certain performance criteria and a time-based vesting period. The performance criteria is based upon the achievement of operating cash flow, defined as operating income before depreciation and amortization, share-based compensation, provisions and provision releases related to significant litigation, and impairment, restructuring and other operating items, as adjusted for events such as acquisitions, dispositions and changes in foreign currency exchange rates and accounting principles or policies that affect comparability ( OCF ), during the period from January 1, 2021 through December 31, 2021. Additionally, the 2020 PSUs provide for an over- and under-performance payout ranging from 0% to 150% should the OCF, as adjusted, exceed or fail to meet the target, as applicable. The earned 2020 PSUs will vest 50% on each of March 15, 2022 and September 15, 2022.

Earnings or Loss per Share

Earnings or Loss per Share	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings or Loss per Share	Earnings or Loss per Share Basic EPS is computed by dividing net earnings or loss attributable to Liberty Latin America shareholders by the weighted average number of Liberty Latin America Shares outstanding during the periods presented, as further described below. Diluted EPS presents the dilutive effect, if any, on a per share basis of potential shares as if they had been exercised, vested or converted at the beginning of the periods presented. The details of our weighted average shares outstanding are set forth below: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Weighted average shares outstanding: Basic 232,801,996 185,380,797 233,059,215 183,286,840 Diluted 253,429,864 185,380,797 233,871,985 183,286,840 We reported net losses attributable to Liberty Latin America shareholders during the three and nine months ended September 30, 2020. The potentially dilutive effect at September 30, 2020 of the following items was not included in the computation of diluted loss per share for such periods because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSUs, because such awards had not yet met the applicable performance criteria: (i) the aggregate number of shares issuable pursuant to outstanding options, SARs and RSUs of 19.4 million, (ii) the aggregate number of shares issuable pursuant to outstanding PSUs of 1.5 million and (iii) using the if-converted method, the aggregate number of shares potentially issuable under our Convertible Notes of 19.5 million. The details of the calculations of our basic and diluted EPS for the three and nine months ended September 30, 2021 are set forth below in millions, except for share amounts: Three months ended Nine months ended September 30, 2021 September 30, 2021 Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation) $ 78.2 $ 170.4 Incremental income upon conversion of the Convertible Notes (if-converted method) 6.0 — Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation) $ 84.2 $ 170.4 Denominator: Weighted average shares (basic EPS computation) 232,801,996 233,059,215 Incremental shares attributable to the release of PSUs, RSUs and SARs upon vesting (treasury stock method) 1,134,189 812,770 Incremental shares attributable to the conversion of the Convertible Notes (if-converted method) (a) 19,493,679 — Weighted average shares (diluted EPS computation) (b) 253,429,864 233,871,985 (a) The Capped Calls provide an economic hedge to reduce or offset potential dilution to our Class C common shares upon any conversion of the Convertible Notes and/or offset any cash payments we are required to make in excess of the principal amount of such converted notes, as the case may be, with such reduction and/or offset subject to a cap. The effect of the Capped Calls have not been reflected in dilutive share calculations set forth above as they are anti-dilutive. (b) We have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs and RSUs of 19.9 million, (ii) the aggregate number of shares issuable pursuant to outstanding PSARs and PSUs of 8.2 million and (iii) for the nine-month period, using the if-converted method, the aggregate number of shares potentially issuable under our Convertible Notes of 19.5 million, because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSUs and PSARs, because such awards had not yet met the applicable performance criteria.

Equity

Equity	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Equity	Equity Contribution from noncontrolling interest owners During the third quarter of 2021, we received an equity contribution of $47 million from the noncontrolling interest owner of our Cabletica entity, the proceeds of which were used to partially fund the Telefónica-Costa Rica Acquisition. This contribution represented their pro-rata share of the equity portion of the purchase price for the Telefónica-Costa Rica Acquisition, and has been reflected as a contribution from noncontrolling interest owners in our condensed consolidated statements of equity and as a financing activity in our condensed consolidated statement of cash flows. Share Repurchase Program On March 16, 2020, our Directors approved the Share Repurchase Program, which authorizes us to repurchase from time to time up to $100 million of our Class A common shares and/or Class C common shares through March 2022, subject to certain limitations and conditions. The Share Repurchase Program does not obligate us to repurchase any of our Class A or C common shares. Under the Share Repurchase Program, we may repurchase our common shares from time to time in open market purchases at prevailing market prices, in privately negotiated transactions, in block trades, derivative transactions and/or through other legally permissible means. During the nine months ended September 30, 2021, we repurchased 2,169,700 Class A common shares. During the nine months ended September 30, 2020, we repurchased 293,816 and 673,158 Class A and Class C common shares, respectively. At September 30, 2021, the remaining amount authorized for share repurchases was $61 million. Rights Offering On August 5, 2020, our Directors authorized the Rights Distribution to holders of Class C Rights to acquire LILAK common shares in the Rights Offering. In the Rights Distribution, we distributed 0.269 of a Class C Right for each share of Class A, Class B or Class C common shares of Liberty Latin America held as of September 8, 2020, which was the record date for the Rights Distribution. Fractional Class C Rights were rounded up to the nearest whole right. Each whole Class C Right entitled the holder to purchase, pursuant to the basic subscription privilege, one share of LILAK at a subscription price of $7.14, which was equal to an approximate 25% discount to the volume weighted average trading price of LILAK for the 3-day trading period ending on and including September 2, 2020. Each Class C Right also entitled the holder to subscribe for additional shares of LILAK that were unsubscribed for in the Rights Offering pursuant to an over-subscription privilege. The Rights Offering commenced on September 11, 2020, which was also the ex-dividend date for the Rights Distribution. The Rights Offering expired in accordance with its terms on September 25, 2020 and was fully subscribed with 49,049,073 shares of LILAK issued to those rights holders exercising basic and, if applicable, over-subscription privileges.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies 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 VTR Class Action. On August 25, 2020, VTR was notified that SERNAC had filed a class action complaint against VTR in the 14th Civil Court of Santiago. The complaint relates to consumer complaints regarding VTR’s broadband service and capacity during the pandemic and raises claims regarding, among other things, VTR’s disclosure of its broadband speeds and aggregate capacity availability and VTR’s response to address the causes of service instability during the pandemic. VTR was also notified in August about two additional class action complaints filed by consumer associations (ODECU and AGRECU) making similar claims and allegations. The class action complaint of ODECU was filed in the 21st Civil Court of Santiago, and the class action complaint of AGRECU was filed in the 26th Civil Court of Santiago. The complaint of SERNAC and ODECU seeks (i) the Court declare that VTR has infringed the rules of the Consumer Protection Law; (ii) the responsibility of VTR for such infractions and, if so, establish the corresponding fines; and (iii) compensatory and punitive damages. In the case of AGRECU, the complaint only seeks compensatory damages. On October 22, 2020, VTR was notified of a fourth class action complaint filed by CONADECUS in the 16 th Civil Court of Santiago alleging that VTR did not adhere to certain call center, technical visit and service level requirements under applicable law. On April 21, 2021, the Court of Appeals of Santiago issued a ruling joining the four class action complaints into one legal procedure. We believe that the allegations contained in the complaints are without merit, in particular as it relates to VTR’s service and response during the pandemic and intend to defend the complaints vigorously. We cannot predict at this point the length of time that these actions will be ongoing. Additionally, a liability, if any, or a reasonable range of loss is not currently determinable based upon the current facts and circumstances of these claims. Regulatory Issues. Video distribution, broadband internet, fixed-line telephony and mobile businesses are regulated in each of the countries in which we operate. The scope of regulation varies from country to country. Adverse regulatory developments could subject our businesses to a number of risks. Regulation, including conditions imposed on us by competition or other authorities as a requirement to close acquisitions or dispositions, could limit growth, revenue and the number and types of services offered and could lead to increased operating costs and property and equipment additions. In addition, regulation may restrict our operations and subject them to further competitive pressure, including pricing restrictions, interconnect and other access obligations, and restrictions or controls on content, including content provided by third parties. Failure to comply with current or future regulation could expose our businesses to various penalties. In addition to the foregoing items, we have contingent liabilities related to matters arising in the ordinary course of business, including (i) legal proceedings, (ii) issues involving wage, property, withholding and other tax issues and (iii) disputes over interconnection, programming and copyright fees. While we generally expect that the amounts required to satisfy these contingencies will not materially differ from any estimated amounts we have accrued, no assurance can be given that the resolution of one or more of these contingencies will not result in a material impact on our results of operations, cash flows or financial position in any given period. Due, in general, to the complexity of the issues involved and, in certain cases, the lack of a clear basis for predicting outcomes, we cannot provide a meaningful range of potential losses or cash outflows that might result from any unfavorable outcomes.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2021
Segment Reporting, Measurement Disclosures [Abstract]
Segment Reporting	Segment Reporting Our reportable segments derive their revenue primarily from residential and B2B services, including video, broadband internet and fixed-line telephony services and mobile services. Our corporate category includes our corporate operations. We generally identify our reportable segments as those operating segments that represent 10% or more of our revenue, Adjusted OIBDA or total assets. As a result of organizational changes during the first quarter of 2021, VTR and Costa Rica are now each an operating and reportable segment rather than one segment. Accordingly, as of September 30, 2021, our reportable segments are as follows: • C&W Caribbean and Networks; • C&W Panama; • Liberty Puerto Rico; • VTR; and • Costa Rica. Prior to the first quarter of 2021, VTR and Cabletica were collectively one operating segment. As a result of organizational changes during the first quarter of 2021, these operations became separate operating segments. Following the Telefónica-Costa Rica Acquisition on August 9, 2021 (as further described in note 4), Cabletica and Telefónica-Costa Rica now comprise our operating and reportable segment referred to herein as “Costa Rica.” Performance Measures of our Reportable Segments We evaluate performance and make decisions about allocating resources to our reportable segments based on financial measures such as revenue and Adjusted OIBDA. In addition, we review non-financial measures such as subscriber growth. Adjusted OIBDA is the primary measure used by our chief operating decision maker to evaluate segment operating performance. Adjusted OIBDA 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 incentive compensation plans. Our internal decision makers believe Adjusted OIBDA is a meaningful measure because it represents a transparent view of our recurring operating performance that is unaffected by our capital structure and allows management to (i) readily view operating trends, (ii) perform analytical comparisons and benchmarking between segments and (iii) identify strategies to improve operating performance in the different countries in which we operate. A reconciliation of total Adjusted OIBDA to operating income (loss) and to earnings (loss) before income taxes is presented below. The amounts presented below represent 100% of the revenue and Adjusted OIBDA of each of our reportable segments and our corporate operations. As we have the ability to control certain subsidiaries that are not wholly-owned, we include 100% of the revenue and expenses of these entities in our condensed consolidated statements of operations despite the fact that third parties own significant interests in these entities. The noncontrolling owners’ interests in the operating results of Costa Rica and certain subsidiaries of C&W are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Revenue Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions C&W Caribbean and Networks $ 434.5 $ 421.7 $ 1,298.5 $ 1,278.6 C&W Panama 128.9 118.9 379.0 369.4 Liberty Puerto Rico 359.0 114.4 1,080.7 328.1 VTR 193.1 201.8 612.7 601.3 Costa Rica 76.9 35.1 149.4 103.4 Corporate 5.4 — 16.2 — Intersegment eliminations (5.8) (4.4) (16.6) (13.4) Total $ 1,192.0 $ 887.5 $ 3,519.9 $ 2,667.4 Adjusted OIBDA Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions C&W Caribbean and Networks $ 181.6 $ 177.3 $ 551.0 $ 531.0 C&W Panama 47.9 43.1 137.5 125.8 Liberty Puerto Rico 142.2 58.1 453.5 161.0 VTR 65.1 79.1 204.3 232.3 Costa Rica 24.0 13.8 50.8 40.3 Corporate (14.7) (11.2) (37.7) (33.7) Total $ 446.1 $ 360.2 $ 1,359.4 $ 1,056.7 The following table provides a reconciliation of total Adjusted OIBDA to operating income (loss) and to earnings (loss) before income taxes: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Total Adjusted OIBDA $ 446.1 $ 360.2 $ 1,359.4 $ 1,056.7 Share-based compensation expense (33.1) (28.0) (88.9) (75.3) Depreciation and amortization (253.5) (231.6) (753.4) (661.5) Impairment, restructuring and other operating items, net (22.1) (14.0) (41.3) (331.5) Operating income (loss) 137.4 86.6 475.8 (11.6) Interest expense (137.1) (129.9) (397.2) (408.5) Realized and unrealized gains (losses) on derivative instruments, net 292.0 (78.1) 464.2 (239.7) Foreign currency transaction gains (losses), net (136.2) 30.1 (206.0) (115.1) Losses on debt extinguishment (1.9) (41.7) (25.2) (45.1) Other income (expense), net (41.1) 0.2 (42.1) 11.8 Earnings (loss) before income taxes $ 113.1 $ (132.8) $ 269.5 $ (808.2) Property and Equipment Additions of our Reportable Segments The property and equipment additions of our reportable segments and corporate operations (including capital additions financed under vendor financing or finance lease arrangements) are presented below and reconciled to the capital expenditure amounts included in our condensed consolidated statements of cash flows. For additional information concerning capital additions financed under vendor financing, see note 7. Nine months ended September 30, 2021 2020 in millions C&W Caribbean and Networks $ 190.9 $ 181.8 C&W Panama 64.5 52.3 Liberty Puerto Rico 139.1 52.3 VTR 158.0 126.7 Costa Rica 25.6 17.7 Corporate 20.9 12.3 Total property and equipment additions 599.0 443.1 Assets acquired under capital-related vendor financing arrangements (65.0) (80.5) Changes in current liabilities related to capital expenditures 10.7 55.7 Total capital expenditures $ 544.7 $ 418.3 Revenue by Major Category Our revenue by major category for our reportable segments is set forth below and includes the following categories: • residential fixed subscription and residential mobile services revenue, which includes amounts received from subscribers for ongoing fixed and airtime services, respectively; • residential fixed non-subscription revenue, which primarily includes interconnect and advertising revenue; • B2B service revenue, which primarily includes broadband internet, video, fixed-line telephony, mobile and managed services (including equipment installation contracts) offered to small (including small or home office), medium and large enterprises and, on a wholesale basis, other telecommunication operators; and • B2B subsea network revenue, which includes long-term capacity contracts with customers where the customer either pays a fee over time or prepays for the capacity upfront and pays a portion related to operating and maintenance of the network over time. Three months ended September 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate (a) Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 32.6 $ 6.5 $ 39.4 $ 72.6 $ 18.4 $ — $ — $ 169.5 Broadband internet 68.9 11.5 64.1 75.8 15.4 — — 235.7 Fixed-line telephony 16.6 4.3 7.1 19.4 1.1 — — 48.5 Total subscription revenue 118.1 22.3 110.6 167.8 34.9 — — 453.7 Non-subscription revenue 10.6 2.3 5.0 3.8 1.5 — (0.1) 23.1 Total residential fixed revenue 128.7 24.6 115.6 171.6 36.4 — (0.1) 476.8 Residential mobile revenue: Service revenue 76.1 38.6 114.2 11.5 27.6 — 0.1 268.1 Interconnect, inbound roaming, equipment sales and other (b) 12.8 11.6 70.8 1.7 7.0 5.4 — 109.3 Total residential mobile revenue 88.9 50.2 185.0 13.2 34.6 5.4 0.1 377.4 Total residential revenue 217.6 74.8 300.6 184.8 71.0 5.4 — 854.2 B2B revenue: Service revenue (c) 153.8 54.1 51.0 8.3 5.9 — (1.4) 271.7 Subsea network revenue 63.1 — — — — — (4.4) 58.7 Total B2B revenue 216.9 54.1 51.0 8.3 5.9 — (5.8) 330.4 Other revenue (d) — — 7.4 — — — — 7.4 Total $ 434.5 $ 128.9 $ 359.0 $ 193.1 $ 76.9 $ 5.4 $ (5.8) $ 1,192.0 (a) Amount relates to services we provide for mobile handset insurance following the closing of the AT&T Acquisition. (b) The total amount includes $24 million of inbound roaming revenue and $60 million of revenue from sales of mobile handsets and other devices. (c) The total amount includes $5 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. (d) Amount relates to revenue received from the FCC primarily related to Liberty Mobile following the closing of the AT&T Acquisition. Three months ended September 30, 2020 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 34.7 $ 6.1 $ 37.1 $ 72.2 $ 19.7 $ — $ 169.8 Broadband internet 62.7 9.5 52.5 84.5 13.0 — 222.2 Fixed-line telephony 18.3 4.3 6.5 18.0 1.0 — 48.1 Total subscription revenue 115.7 19.9 96.1 174.7 33.7 — 440.1 Non-subscription revenue 10.5 2.6 4.2 4.0 1.4 — 22.7 Total residential fixed revenue 126.2 22.5 100.3 178.7 35.1 — 462.8 Residential mobile revenue: Service revenue 71.6 39.1 — 13.8 — — 124.5 Interconnect, inbound roaming, equipment sales and other (a) 10.7 10.1 — 2.0 — — 22.8 Total residential mobile revenue 82.3 49.2 — 15.8 — — 147.3 Total residential revenue 208.5 71.7 100.3 194.5 35.1 — 610.1 B2B revenue: Service revenue (b) 151.2 47.2 14.1 7.3 — (0.7) 219.1 Subsea network revenue 62.0 — — — — (3.7) 58.3 Total B2B revenue 213.2 47.2 14.1 7.3 — (4.4) 277.4 Total $ 421.7 $ 118.9 $ 114.4 $ 201.8 $ 35.1 $ (4.4) $ 887.5 (a) The total amount includes $3 million of inbound roaming revenue and $7 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $2 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Nine months ended September 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate (a) Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 100.3 $ 18.9 $ 117.2 $ 228.3 $ 56.9 $ — $ — $ 521.6 Broadband internet 203.2 33.0 188.7 245.3 43.9 — — 714.1 Fixed-line telephony 50.2 12.8 21.2 59.3 3.3 — — 146.8 Total subscription revenue 353.7 64.7 327.1 532.9 104.1 — — 1,382.5 Non-subscription revenue 32.7 7.2 14.1 11.2 4.8 — (0.1) 69.9 Total residential fixed revenue 386.4 71.9 341.2 544.1 108.9 — (0.1) 1,452.4 Residential mobile revenue: Service revenue 222.9 117.3 346.3 37.7 27.6 — 0.1 751.9 Interconnect, inbound roaming, equipment sales and other (b) 38.2 33.2 213.8 5.8 7.0 16.2 — 314.2 Total residential mobile revenue 261.1 150.5 560.1 43.5 34.6 16.2 0.1 1,066.1 Total residential revenue 647.5 222.4 901.3 587.6 143.5 16.2 — 2,518.5 B2B revenue: Service revenue (c) 457.4 156.6 155.0 25.1 5.9 — (3.4) 796.6 Subsea network revenue 193.6 — — — — — (13.2) 180.4 Total B2B revenue 651.0 156.6 155.0 25.1 5.9 — (16.6) 977.0 Other revenue (d) — — 24.4 — — — — 24.4 Total $ 1,298.5 $ 379.0 $ 1,080.7 $ 612.7 $ 149.4 $ 16.2 $ (16.6) $ 3,519.9 (a) Amount relates to services we provide for mobile handset insurance following the closing of the AT&T Acquisition. (b) The total amount includes $74 million of inbound roaming revenue and $173 million of revenue from sales of mobile handsets and other devices. (c) The total amount includes $12 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. (d) Amount relates to revenue received from the FCC primarily related to Liberty Mobile following the closing of the AT&T Acquisition. Nine months ended September 30, 2020 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 107.5 $ 20.9 $ 109.1 $ 214.8 $ 59.6 $ — $ 511.9 Broadband internet 185.1 28.6 147.2 247.2 38.0 — 646.1 Fixed-line telephony 56.9 14.2 18.6 55.2 2.6 — 147.5 Total subscription revenue 349.5 63.7 274.9 517.2 100.2 — 1,305.5 Non-subscription revenue 32.3 9.0 12.6 13.6 3.2 — 70.7 Total residential fixed revenue 381.8 72.7 287.5 530.8 103.4 — 1,376.2 Residential mobile revenue: Service revenue 218.0 120.1 — 42.2 — — 380.3 Interconnect, inbound roaming, equipment sales and other (a) 33.3 31.3 — 5.6 — — 70.2 Total residential mobile revenue 251.3 151.4 — 47.8 — — 450.5 Total residential revenue 633.1 224.1 287.5 578.6 103.4 — 1,826.7 B2B revenue: Service revenue (b) 451.4 145.3 40.6 22.7 — (2.9) 657.1 Subsea network revenue 194.1 — — — — (10.5) 183.6 Total B2B revenue 645.5 145.3 40.6 22.7 — (13.4) 840.7 Total $ 1,278.6 $ 369.4 $ 328.1 $ 601.3 $ 103.4 $ (13.4) $ 2,667.4 (a) The total amount includes $12 million of inbound roaming revenue and $23 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $8 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Geographic Markets The revenue from third-party customers for our geographic markets is set forth in the table below. Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Puerto Rico $ 345.6 $ 114.0 $ 1,039.5 $ 327.0 Chile 193.1 201.8 612.7 601.3 Panama 128.2 118.3 377.2 367.6 Jamaica 100.6 93.8 297.3 277.5 Networks & LatAm (a) 85.6 83.8 260.8 262.3 Costa Rica 76.8 35.1 149.3 103.4 The Bahamas 47.8 44.6 140.5 134.9 Barbados 35.6 34.9 104.5 105.2 Trinidad and Tobago 38.7 40.1 118.3 120.8 Curacao 34.6 35.9 104.2 110.0 Other (b) 105.4 85.2 315.6 257.4 Total $ 1,192.0 $ 887.5 $ 3,519.9 $ 2,667.4 (a) The amounts represent managed services and wholesale revenue from various jurisdictions across Latin America and the Caribbean, primarily related to the sale and lease of telecommunications capacity on C&W’s subsea and terrestrial fiber optic cable networks.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounting Changes	Accounting Changes ASU 2018-14 In August 2018, the FASB issued ASU No. 2018-14, Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans ( ASU 2018-14 ), which removes and modifies certain existing disclosure requirements and adds new disclosure requirements related to employer sponsored defined benefit pension or other postretirement plans. We adopted ASU 2018-14 effective January 1, 2021 and it did not have a material impact on the disclosures in our condensed consolidated financial statements. Recent Accounting Pronouncements ASU 2020-04 and ASU 2021-01 In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ( ASU 2020-04 ), which provides optional guidance for a limited time to ease the potential accounting burden associated with transitioning away from reference rates, such as the LIBOR, which regulators in the U.K. have announced will be phased out by the end of 2021. In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848) ( ASU 2021-01 ), which clarifies certain optional expedients and exceptions in ASC 848. The expedients and exceptions provided by ASU 2020-04 and ASU 2021-01 are for the application of U.S. GAAP to contracts, hedging relationships and other transactions affected by the rate reform, and will not be available after December 31, 2022, other than for certain hedging relationships entered into before December 31, 2022. We do not currently expect that the phase out of LIBOR will have a material impact on our consolidated financial statements. ASU 2020-06 In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options and Derivatives and Hedging—Contracts in Entity’s Own Equity: Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity ( ASU 2020-06 ), which (i) reduces the number of accounting models for convertible instruments and allows more contracts to qualify for equity classification and (ii) makes targeted improvements to convertible instruments and earnings-per-share disclosure requirements. ASU 2020-06 is effective for annual reporting periods after December 15, 2021, including interim periods within those fiscal years, with early adoption permitted, but no earlier than annual and interim periods in fiscal years beginning after December 15, 2020. While we are still evaluating the impact of ASU 2020-06, we do not currently expect it will have a material impact on our consolidated financial statements.

Current Expected Credit Losses

Current Expected Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Accounts Receivable, Allowance for Credit Loss	The changes in our trade receivables’ allowance for credit losses are set forth below: Nine months ended September 30, 2021 2020 in millions Balance at beginning of period $ 100.0 $ 87.3 Provision for expected losses 38.6 50.3 Write-offs (48.7) (45.3) Reclassification to assets held for sale (9.7) — Foreign currency translation adjustments and other 0.3 4.5 Balance at end of period $ 80.5 $ 96.8

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of Purchase Price Allocation	The following table sets forth a reconciliation of the stated purchase price included in the Telefónica Acquisition Agreement to the net cash paid for the Telefónica-Costa Rica Acquisition (in millions): Stated Telefónica Acquisition Agreement purchase price $ 500.0 Preliminary working capital adjustments 37.6 Total purchase price 537.6 Opening balance sheet cash (17.0) Net cash paid for the Telefónica-Costa Rica Acquisition $ 520.6 Current assets (a) $ 83.3 Goodwill (b) 260.1 Property and equipment 97.2 Intangible assets subject to amortization (c) 166.0 Other assets (d) 173.0 Current liabilities (e) (83.2) Long-term liabilities (f) (158.8) Total purchase price (g) $ 537.6 (a) Primarily consists of trade receivables, notes receivables related to equipment installment-plan receivables and cash. (b) The goodwill recognized in connection with the Telefónica-Costa Rica Acquisition is primarily attributable to (i) the ability to take advantage of Telefónica-Costa Rica’s existing mobile network to gain immediate access to potential customers, and (ii) synergies that are expected to be achieved through the integration of Telefónica-Costa Rica with Liberty Latin America’s existing business in Costa Rica, Cabletica. Due to the nature of the Telefónica-Costa Rica Acquisition, no tax deductions related to goodwill are expected. (c) At August 9, 2021, the preliminary assessments of the weighted average useful lives of the acquired customer relationship intangible assets and spectrum intangible assets were approximately 8 years and 25 years, respectively. (d) Long-term assets primarily consist of: the long-term portion of note receivables related to equipment installment-plan receivables and operating lease right-of-use assets. (e) Primarily consists of accounts payable and current operating lease obligations. (f) Long-term liabilities primarily consist of the non-current portion of operating lease obligations and deferred tax liabilities. (g) Amount excludes $10 million of direct acquisition costs incurred during 2021. Direct acquisition costs are included in impairment, restructuring and other operating items, net, in our consolidated statements of operations. Current assets (a) (b) $ 155.6 Goodwill (c) 196.9 Property and equipment 768.6 Intangible assets subject to amortization (d) 85.6 Intangible assets not subject to amortization (e) 1,043.0 Other assets (b) (g) 272.8 Current liabilities (f) (g) (67.9) Long-term debt and finance lease obligations (10.6) Non-current deferred tax liabilities (344.3) Other long-term liabilities (g) (167.3) Total purchase price (h) $ 1,932.4 (a) Current assets consists of trade receivables, prepaid expenses and other current assets. (b) Current assets and other assets include $67 million and $39 million, respectively, in equipment installment-plan receivables. (c) The goodwill recognized in connection with the AT&T Acquisition is primarily attributable to (i) the ability to take advantage of the AT&T Acquired Entities’ existing mobile network to gain immediate access to potential customers and (ii) synergies that are expected to be achieved through the integration of the AT&T Acquired Entities with Liberty Latin America. Due to the nature of the AT&T Acquisition, no tax deductions related to goodwill are expected. (d) Amount includes intangible assets related to customer relationships. At October 31, 2020, the weighted average useful life of the acquired customer relationship intangible assets was approximately 10 years. (e) Amount represents the value of spectrum licenses. (f) Current liabilities include accounts payable, current portion of debt and finance lease obligations and other accrued and current liabilities. (g) Other assets, current liabilities and other long-term liabilities include $182 million, $33 million and $163 million related to operating lease right-of-use assets, current operating lease obligations and non-current operating lease obligations, respectively. (h) Amount excludes $51 million and $5 million of direct acquisition costs, incurred during 2020 and 2019, respectively.
Schedule of Pro Forma Information	The following unaudited pro forma condensed consolidated operating results give effect to the Telefónica-Costa Rica Acquisition, as if it had been completed as of January 1, 2020: Three months ended September 30, 2021 Nine months ended September 30, 2021 in millions Revenue $ 1,220.8 $ 3,684.8 Net earnings attributable to Liberty Latin America shareholders $ 81.7 $ 191.6 The following unaudited pro forma condensed consolidated operating results give effect to (i) the Telefónica-Costa Rica Acquisition, as if it had been completed as of January 1, 2020, and (ii) the AT&T Acquisition, as if it had been completed as of January 1, 2019: Three months ended September 30, 2020 Nine months ended September 30, 2020 in millions Revenue $ 1,184.5 $ 3,518.1 Net loss attributable to Liberty Latin America shareholders $ (44.3) $ (542.1)

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Our Derivative Instrument Assets and Liabilities	The following table provides details of the fair values of our derivative instrument assets and liabilities: September 30, 2021 December 31, 2020 Current (a)(b) Long-term (a)(b) Total Current (a) Long-term (a) Total in millions Assets: Cross-currency and interest rate derivative contracts (c) $ — $ 14.1 $ 14.1 $ 0.7 $ 4.4 $ 5.1 Liabilities: Cross-currency and interest rate derivative contracts (c) $ 44.7 $ 57.5 $ 102.2 $ 71.4 $ 403.0 $ 474.4 Foreign currency forward contracts 0.1 — 0.1 18.8 — 18.8 Total $ 44.8 $ 57.5 $ 102.3 $ 90.2 $ 403.0 $ 493.2 (a) Our current derivative assets, long-term derivative assets and long-term derivative liabilities are included in other current assets, net, other assets, net, and other long-term liabilities, respectively, in our condensed consolidated balance sheets. (b) In connection with the pending formation of the Chile JV, the derivative assets and liabilities associated with the Chile JV Entities have been included in assets held for sale and liabilities associated with assets held for sale, respectively, on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8. (c) 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 primary borrowing groups (see note 9) and are recorded in realized and unrealized gains (losses) on derivative instruments, net. For further information regarding our fair value measurements, see note 6.
Schedule of Realized and Unrealized Gains on Derivative Instruments, Net	The details of our realized and unrealized gains (losses) on derivative instruments, net, are as follows: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Cross-currency and interest rate derivative contracts (a) (b) $ 285.1 $ (70.7) $ 464.2 $ (234.7) Foreign currency forward contracts 15.4 (2.3) 20.1 5.8 Weather Derivatives (8.5) (5.1) (20.1) (10.8) Total $ 292.0 $ (78.1) $ 464.2 $ (239.7) (a) Changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net gains (losses) of ($15 million) and $1 million during the three months ended September 30, 2021 and 2020, respectively, and ($44 million) and $41 million during the nine months ended September 30, 2021 and 2020, respectively. Included in these amounts for the three and nine months ended September 30, 2021 are net losses of $12 million and $29 million, respectively, related to the Chile JV Entities . (b) The losses for the nine months ended September 30, 2020 include a realized gain of $71 million associated with the settlement of certain cross-currency interest rate swaps at VTR in June 2020 that were unwound in connection with the refinancing of certain VTR debt in 2020.
Schedule of Classification of the Net Cash Inflows (Outflows) of Our Derivative Instruments	The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments: Nine months ended September 30, 2021 2020 in millions Operating activities $ (109.0) $ (32.1) Investing activities (2.0) 7.4 Financing activities (a) (43.0) 180.6 Total $ (154.0) $ 155.9 (a) The 2021 amount is associated with activity during the first quarter of 2021 primarily related to (i) $11 million associated with the settlement of interest rate swaps at VTR in connection with the refinancing of the VTR Credit Facilities and (ii) $32 million associated with the settlement of interest rate swaps at Liberty Puerto Rico in connection with the refinancing of the LPR Credit Facilities. The 2020 amount is primarily related to the settlement of certain cross-currency interest rate swaps at VTR. For additional information regarding our debt refinancing activity, see note 9.
Schedule of Derivative Instruments	The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our interest rate swap contracts at September 30, 2021: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,840.0 6.8 Liberty Puerto Rico $ 500.0 10.2 Costa Rica (b) $ 276.7 2.0 (a) Includes forward-starting derivative instruments and, on certain interest rate swaps, an embedded floor of 0%. (b) Includes an embedded floor of 0.75%. Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W $ 1,510.0 0.3 Liberty Puerto Rico $ 500.0 0.3

Long-lived Assets (Tables)

Long-lived Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Changes in the carrying amount of our goodwill are set forth below: January 1, Acquisitions Reclassification to assets held for sale (a) Foreign September 30, in millions C&W Caribbean and Networks $ 3,112.0 $ — $ — $ (48.6) $ 3,063.4 C&W Panama 617.1 — — — 617.1 Liberty Puerto Rico 629.9 (155.3) — — 474.6 VTR 374.6 — (329.1) (45.5) — Costa Rica 151.9 260.1 — (5.5) 406.5 Total $ 4,885.5 $ 104.8 $ (329.1) $ (99.6) $ 4,561.6 (a) In connection with the pending formation of the Chile JV, the goodwill associated with the Chile JV Entities has been included in assets held for sale on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8.
Schedule of Property and Equipment and the Related Accumulated Depreciation	The details of our property and equipment and the related accumulated depreciation are set forth below: September 30, 2021 (a) December 31, in millions Distribution systems $ 4,659.5 $ 5,082.9 CPE 1,028.7 1,935.5 Support equipment, buildings and land 1,473.1 1,721.3 7,161.3 8,739.7 Accumulated depreciation (2,914.4) (3,828.3) Total $ 4,246.9 $ 4,911.4 (a) In connection with the pending formation of the Chile JV, the property and equipment and related accumulated depreciation associated with the Chile JV Entities have been included in assets held for sale on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8.
Schedule of Intangible Assets Subject to Amortization	The details of our intangible assets subject to amortization and the related accumulated amortization are set forth below: September 30, December 31, in millions Customer relationships $ 1,645.3 $ 1,554.8 Licenses and other 284.4 159.4 1,929.7 1,714.2 Accumulated amortization (1,054.1) (855.3) Total $ 875.6 $ 858.9

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	9 Months Ended
	Sep. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Carrying Amounts of The Major Classes of Assets and Liabilities That are Classified as Held for Sale	The carrying amounts of the major classes of assets and liabilities that are classified as held for sale at September 30, 2021 are summarized below (in millions): Assets: Cash and cash equivalents (a) $ 154.0 Other current assets, net (b) 125.9 Property and equipment, net 680.7 Goodwill 329.1 Other assets, net (b) 252.5 Total assets $ 1,542.2 Liabilities: Current portion of debt $ 86.4 Other accrued and current liabilities (c) 295.2 Long-term debt 1,415.6 Other long-term liabilities (c) 39.7 Total liabilities $ 1,836.9 (a) Amount excludes certain cash and cash equivalent balances of the Chile JV Entities that will be retained by Liberty Latin America upon the formation of the Chile JV and are therefore not classified as held for sale. (b) Other current assets, net and other assets, net, include $17 million and $202 million, respectively, related to derivative assets. (c) Other accrued and current liabilities and other long-term liabilities include $21 million and $1 million, respectively, related to derivative liabilities.

Debt and Finance Lease Obliga_2

Debt and Finance Lease Obligations (Tables)	9 Months Ended
	Sep. 30, 2021
Debt and Lease Obligation [Abstract]
Schedule of Debt	The U.S. dollar equivalents of the components of our debt are as follows: September 30, 2021 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent September 30, December 31, 2020 September 30, December 31, 2020 in millions Convertible Notes (d) 2.00 % — $ — $ 408.1 $ 381.8 $ 402.5 $ 402.5 C&W Notes 6.74 % — — 2,377.9 2,435.8 2,270.0 2,270.0 C&W Credit Facilities 2.75 % (e) 790.0 1,832.6 1,834.7 1,853.4 1,856.2 LPR Senior Secured Notes 6.12 % — — 2,217.8 1,389.4 2,110.0 1,290.0 LPR Credit Facilities 3.83 % $ 167.5 167.5 500.6 1,002.5 500.0 1,000.0 VTR debt — (f) (f) (f) 1,483.5 (f) 1,394.5 Cabletica Credit Facilities (g) 7.26 % $ 7.0 7.0 409.6 119.3 411.7 119.6 Vendor financing (f) (h) 2.66 % — — 82.0 168.1 82.0 168.1 Total debt before premiums, discounts and deferred financing costs 5.14 % $ 964.5 $ 7,828.6 $ 8,815.1 $ 7,629.6 $ 8,500.9 The following table provides a reconciliation of total debt before premiums, discounts and deferred financing costs to total debt and finance lease obligations: September 30, December 31, 2020 in millions Total debt before premiums, discounts and deferred financing costs $ 7,629.6 $ 8,500.9 Premiums, discounts and deferred financing costs, net (123.2) (157.1) Total carrying amount of debt 7,506.4 8,343.8 Finance lease obligations 12.3 13.4 Total debt and finance lease obligations 7,518.7 8,357.2 Less: Current maturities of debt and finance lease obligations (75.6) (161.9) Long-term debt and finance lease obligations $ 7,443.1 $ 8,195.3 (a) Represents the weighted average interest rate in effect at September 30, 2021 for all borrowings outstanding (excluding those of the Chile JV Entities) 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. (b) Unused borrowing capacity represents the maximum availability under the applicable facility at September 30, 2021 without regard to covenant compliance calculations or other conditions precedent to borrowing. At September 30, 2021, the full amount of unused borrowing capacity was available to be borrowed under each of the respective subsidiary facilities, including VTR, both before and after completion of the September 30, 2021 compliance reporting requirements. At September 30, 2021, except as may be limited by tax and legal considerations, the presence of noncontrolling interests, foreign currency exchange restrictions with respect to certain C&W subsidiaries and other factors, there were no restrictions on the respective subsidiary’s ability to upstream cash from this availability to Liberty Latin America or its subsidiaries or other equity holders. (c) The estimated fair values of our debt instruments are determined using the applicable bid prices (mostly Level 1 of the fair value hierarchy) or from quoted prices for similar instruments in active markets adjusted for the estimated credit spreads of the applicable entity, to the extent available, and other relevant factors (Level 2 of the fair value hierarchy). For additional information regarding fair value hierarchies, see note 6. (d) The interest rate reflects the stated rate of the Convertible Notes. The effective interest rate of the Convertible Notes is 6.7%, which considers the impact of a discount recorded in connection with the value ascribed to the instrument’s conversion option. At September 30, 2021, the carrying value of the Convertible Notes was $354 million and the unamortized debt discount on the Convertible Notes was $46 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar, Trinidad & Tobago dollar and Jamaican dollar revolving credit facilities. (f) In connection with the pending formation of the Chile JV, the outstanding third-party debt and vendor financing of the Chile JV Entities has been reflected in liabilities associated with assets held for sale on our September 30, 2021 condensed consolidated balance sheet. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8. (g) The Cabletica Credit Facilities comprise certain Costa Rican colón and U.S. dollar term loans and a U.S. dollar revolving credit facility. (h) Represents amounts owed pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our operating expenses and property and equipment additions. These obligations are generally due within one year and include VAT that were paid on our behalf by the vendor. Our operating expenses include $82 million and $78 million for the nine months ended September 30, 2021 and 2020, respectively, that were financed by an intermediary and are reflected on the borrowing date as a cash outflow within net cash provided by operating activities and a cash inflow within net cash provided by financing activities in our condensed consolidated statements of cash flows. Repayments of vendor financing obligations are included in payments of principal amounts of debt and finance lease obligations in our condensed consolidated statements of cash flows.
Schedule of Line of Credit Facilities	The general terms of the significant notes we issued and credit facilities we entered into or amended during 2021, including activity related to the Chile JV Entities, are as follows: Borrowing group Issued at Interest rate Borrowing Non-cash component (a) Instrument Maturity Borrowing currency USD equivalent in millions C&W C&W Revolving Credit Facility N/A January 30, 2027 LIBOR + 3.25% (b) $ — Liberty Puerto Rico 2029 LPR Senior Secured Notes 100% July 15, 2029 5.125% $ 820.0 $ 820.0 $ 500.0 Liberty Puerto Rico 2028 LPR Term Loan 100% October 15, 2028 LIBOR + 3.75% $ 500.0 $ 500.0 $ 500.0 Liberty Puerto Rico LPR Revolving Credit Facility N/A March 15, 2027 LIBOR + 3.5% (c) $ — VTR 2029 VTR Senior Secured Notes 100% April 15, 2029 4.375% $ 410.0 $ 410.0 $ 60.0 VTR VTR RCF – A N/A June 15, 2026 TAB + 3.35% $ — $ — $ — Costa Rica (d) Cabletica Term Loan B-1 Facility 100% August 1, 2024 LIBOR + 5.50% (e) $ 227.5 $ 227.5 $ — Costa Rica (d) Cabletica Term Loan B-2 Facility 100% August 1, 2024 TBP + 6.75% CRC 36,457.9 $ 58.8 N/A $ — (a) Represents the non-cash component of the financing, if any. Non-cash activity relates to cash borrowed that did not pass through our bank accounts, as financing proceeds from the issuance of debt were used to directly repay some or all of outstanding debt instruments within the same borrowing group. (b) In September 2021, the C&W Revolving Credit Facility was amended to extend the maturity of $580 million in underlying commitments from January 30, 2026 to January 30, 2027. (c) Total commitments under the LPR Revolving Credit Facility were increased by $43 million during the first quarter of 2021. (d) Borrowings under the Cabletica Term Loan B-1 Facility and Cabletica Term Loan B-2 Facility were used to fund a portion of the Telefónica-Costa Rica Acquisition. (e) Subject to a LIBOR floor of 75 basis points. During 2021, we made repayments on the following debt instruments, including repayments related to the Chile JV Entities: Borrowing group Redemption price Principal amount repaid Non-cash component (b) Loss on debt extinguishment Instrument Borrowing currency USD equivalent (a) in millions Liberty Puerto Rico 2026 SPV Credit Facility 100% $ 1,000.0 $ 1,000.0 $ 1,000.0 $ 14.3 VTR 2028 VTR Senior Secured Notes 103% $ 120.0 $ 120.0 $ 60.0 $ 4.0 VTR VTR TLB-1 Facility 100% CLP 140,900.0 $ 196.4 $ — $ 5.6 VTR VTR TLB-2 Facility 100% CLP 33,100.0 $ 46.1 $ — $ 1.3 (a) Translated at the transaction date, if applicable. (b) Represents the non-cash component of the repayment, if any. Non-cash activity relates to cash repayments that did not pass through our bank accounts, as financing proceeds from the issuance of debt were used to directly repay some or all of outstanding debt instruments within the same borrowing group.
Schedule of Maturities of Debt	Maturities of our debt as of September 30, 2021 are presented below. The table below excludes the debt of the Chile JV Entities as it has been reflected in liabilities associated with assets held for sale on our September 30, 2021 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents based on September 30, 2021 exchange rates: C&W Liberty Puerto Rico Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2021 (remainder of year) $ 28.2 $ — $ — $ 0.1 $ 28.3 2022 60.2 — — 0.5 60.7 2023 124.7 — — 0.6 125.3 2024 60.8 — 411.7 402.8 875.3 2025 144.6 — — — 144.6 2026 500.6 — — — 500.6 Thereafter 3,284.8 2,610.0 — — 5,894.8 Total debt maturities 4,203.9 2,610.0 411.7 404.0 7,629.6 Premiums, discounts and deferred financing costs, net (27.3) (38.3) (8.8) (48.8) (123.2) Total debt $ 4,176.6 $ 2,571.7 $ 402.9 $ 355.2 $ 7,506.4 Current portion $ 74.4 $ — $ — $ 0.4 $ 74.8 Noncurrent portion $ 4,102.2 $ 2,571.7 $ 402.9 $ 354.8 $ 7,431.6 (a) Represents the amount held by Liberty Latin America on a standalone basis plus the aggregate amount held by subsidiaries of Liberty Latin America that are outside our borrowing groups.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Operating Lease Expense	The following table provides details of our operating lease expense: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Operating lease expense: Operating lease cost $ 25.6 $ 10.3 $ 66.1 $ 32.9 Short-term lease cost 5.3 3.5 15.2 9.7 Total operating lease expense $ 30.9 $ 13.8 $ 81.3 $ 42.6
Certain Other Details of Operating Leases Assets and Liabilities	Certain other details of our operating leases are set forth in the tables below: September 30, 2021 December 31, in millions Operating lease right-of-use assets $ 385.5 $ 328.6 Operating lease liabilities: Current $ 78.9 $ 63.2 Noncurrent 320.0 269.7 Total operating lease liabilities $ 398.9 $ 332.9 Weighted-average remaining lease term 6.8 years 7.2 years Weighted-average discount rate 7.3 % 5.6 % Nine months ended 2021 2020 in millions Operating cash outflows related to operating leases $ 63.6 $ 29.1 Right-of-use assets obtained in exchange for new operating lease liabilities (a) $ 138.9 $ 23.0 (a) Represents non-cash transactions associated with operating leases entered into during the nine months ended September 30, 2021 and 2020, respectively, including $117 million acquired in connection with the Telefónica-Costa Rica Acquisition.
Maturities of Operating Lease Liabilities	Maturities of our operating lease liabilities as of September 30, 2021 are presented below. The table below excludes the operating lease liabilities of the Chile JV Entities as they have been reflected in liabilities associated with assets held for sale on our September 30, 2021 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents (in millions) based on September 30, 2021 exchange rates. Years ending December 31: 2021 (remainder of year) $ 23.7 2022 90.6 2023 77.5 2024 68.4 2025 60.8 2026 51.5 Thereafter 134.2 Total operating lease liabilities on an undiscounted basis 506.7 Present value discount (107.8) Present value of operating lease liabilities $ 398.9

Programming and Other Direct _2

Programming and Other Direct Costs of Services (Tables)	9 Months Ended
	Sep. 30, 2021
Other Income and Expenses [Abstract]
Schedule of Cost of Goods and Services Sold	Our programming and other direct costs of services by major category are set forth below: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Programming and copyright $ 108.5 $ 96.0 $ 334.7 $ 289.5 Interconnect 69.7 58.2 201.9 183.3 Equipment and other 112.8 35.5 310.3 107.4 Total programming and other direct costs of services $ 291.0 $ 189.7 $ 846.9 $ 580.2

Other Operating Costs and Exp_2

Other Operating Costs and Expenses (Tables)	9 Months Ended
	Sep. 30, 2021
Other Income and Expenses [Abstract]
Schedule of Other Operating Cost and Expense	Our other operating costs and expenses by major category are set forth below: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Personnel and contract labor $ 142.9 $ 113.9 $ 425.1 $ 351.6 Network-related 85.0 66.4 242.8 193.2 Service-related 47.4 35.2 140.2 110.0 Commercial 57.4 38.8 163.5 120.3 Facility, provision, franchise and other 122.2 83.3 342.0 255.4 Share-based compensation expense 33.1 28.0 88.9 75.3 Total other operating costs and expenses $ 488.0 $ 365.6 $ 1,402.5 $ 1,105.8

Share-based Compensation (Table

Share-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Schedule of SARs	The following tables summarize the share-based incentive awards related to Liberty Latin America Class A and Class C common shares held by our employees and our Directors as of September 30, 2021. Number of Weighted average exercise price Share-based incentive award type SARs: Class A common shares: Outstanding 6,491,094 $ 16.16 Exercisable 2,781,882 $ 19.58 Class C common shares: Outstanding 12,971,448 $ 16.21 Exercisable 5,553,395 $ 19.63
Schedule of RSUs	Number of Share-based incentive award type RSUs outstanding: Class A common shares 1,172,984 Class C common shares 2,345,707 PSUs outstanding: Class A common shares 754,044 Class C common shares 1,573,623 The following tables summarize the share-based incentive awards related to Liberty Latin America Class A and Class C common shares granted to our employees and our Directors during the nine months ended September 30, 2021. Number of Weighted average exercise price Weighted average grant date fair value Share-based incentive award type SARs granted: Class A common shares 1,922,255 $ 13.97 $ 6.44 Class C common shares 3,844,510 $ 14.07 $ 6.43 PSARs granted (2021 PSARs): Class A common shares 2,733,325 $ 13.98 $ 6.90 Class C common shares 5,466,675 $ 14.08 $ 6.87 Number of Weighted average grant-date fair value Share-based incentive award type RSUs granted: Class A common shares (a) 1,548,992 $ 13.88 Class C common shares (a) 3,204,589 $ 14.00 PSUs granted (2020 PSUs): Class A common shares 645,704 $ 11.76 Class C common shares 1,347,552 $ 11.48 (a) During March 2021, we granted 0.6 million and 1.2 million shares of Class A and Class C RSUs, respectively, that vested immediately in settlement of certain bonus liabilities relating to the year ended December 31, 2020, which are included in the amounts presented in the table.
Schedule of PSUs	Number of Share-based incentive award type RSUs outstanding: Class A common shares 1,172,984 Class C common shares 2,345,707 PSUs outstanding: Class A common shares 754,044 Class C common shares 1,573,623 The following tables summarize the share-based incentive awards related to Liberty Latin America Class A and Class C common shares granted to our employees and our Directors during the nine months ended September 30, 2021. Number of Weighted average exercise price Weighted average grant date fair value Share-based incentive award type SARs granted: Class A common shares 1,922,255 $ 13.97 $ 6.44 Class C common shares 3,844,510 $ 14.07 $ 6.43 PSARs granted (2021 PSARs): Class A common shares 2,733,325 $ 13.98 $ 6.90 Class C common shares 5,466,675 $ 14.08 $ 6.87 Number of Weighted average grant-date fair value Share-based incentive award type RSUs granted: Class A common shares (a) 1,548,992 $ 13.88 Class C common shares (a) 3,204,589 $ 14.00 PSUs granted (2020 PSUs): Class A common shares 645,704 $ 11.76 Class C common shares 1,347,552 $ 11.48 (a) During March 2021, we granted 0.6 million and 1.2 million shares of Class A and Class C RSUs, respectively, that vested immediately in settlement of certain bonus liabilities relating to the year ended December 31, 2020, which are included in the amounts presented in the table.

Earnings or Loss per Share (Tab

Earnings or Loss per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of Weighted Average Shares Outstanding	The details of our weighted average shares outstanding are set forth below: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Weighted average shares outstanding: Basic 232,801,996 185,380,797 233,059,215 183,286,840 Diluted 253,429,864 185,380,797 233,871,985 183,286,840
Schedule of Earnings Per Share	The details of the calculations of our basic and diluted EPS for the three and nine months ended September 30, 2021 are set forth below in millions, except for share amounts: Three months ended Nine months ended September 30, 2021 September 30, 2021 Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation) $ 78.2 $ 170.4 Incremental income upon conversion of the Convertible Notes (if-converted method) 6.0 — Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation) $ 84.2 $ 170.4 Denominator: Weighted average shares (basic EPS computation) 232,801,996 233,059,215 Incremental shares attributable to the release of PSUs, RSUs and SARs upon vesting (treasury stock method) 1,134,189 812,770 Incremental shares attributable to the conversion of the Convertible Notes (if-converted method) (a) 19,493,679 — Weighted average shares (diluted EPS computation) (b) 253,429,864 233,871,985 (a) The Capped Calls provide an economic hedge to reduce or offset potential dilution to our Class C common shares upon any conversion of the Convertible Notes and/or offset any cash payments we are required to make in excess of the principal amount of such converted notes, as the case may be, with such reduction and/or offset subject to a cap. The effect of the Capped Calls have not been reflected in dilutive share calculations set forth above as they are anti-dilutive. (b) We have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs and RSUs of 19.9 million, (ii) the aggregate number of shares issuable pursuant to outstanding PSARs and PSUs of 8.2 million and (iii) for the nine-month period, using the if-converted method, the aggregate number of shares potentially issuable under our Convertible Notes of 19.5 million, because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSUs and PSARs, because such awards had not yet met the applicable performance criteria.

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2021
Segment Reporting, Measurement Disclosures [Abstract]
Revenue and Adjusted OIBDA by Segment	The amounts presented below represent 100% of the revenue and Adjusted OIBDA of each of our reportable segments and our corporate operations. As we have the ability to control certain subsidiaries that are not wholly-owned, we include 100% of the revenue and expenses of these entities in our condensed consolidated statements of operations despite the fact that third parties own significant interests in these entities. The noncontrolling owners’ interests in the operating results of Costa Rica and certain subsidiaries of C&W are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Revenue Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions C&W Caribbean and Networks $ 434.5 $ 421.7 $ 1,298.5 $ 1,278.6 C&W Panama 128.9 118.9 379.0 369.4 Liberty Puerto Rico 359.0 114.4 1,080.7 328.1 VTR 193.1 201.8 612.7 601.3 Costa Rica 76.9 35.1 149.4 103.4 Corporate 5.4 — 16.2 — Intersegment eliminations (5.8) (4.4) (16.6) (13.4) Total $ 1,192.0 $ 887.5 $ 3,519.9 $ 2,667.4 Adjusted OIBDA Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions C&W Caribbean and Networks $ 181.6 $ 177.3 $ 551.0 $ 531.0 C&W Panama 47.9 43.1 137.5 125.8 Liberty Puerto Rico 142.2 58.1 453.5 161.0 VTR 65.1 79.1 204.3 232.3 Costa Rica 24.0 13.8 50.8 40.3 Corporate (14.7) (11.2) (37.7) (33.7) Total $ 446.1 $ 360.2 $ 1,359.4 $ 1,056.7
Reconciliation of Total Adjusted OIBDA to Earnings (Loss) Before Income Taxes	The following table provides a reconciliation of total Adjusted OIBDA to operating income (loss) and to earnings (loss) before income taxes: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Total Adjusted OIBDA $ 446.1 $ 360.2 $ 1,359.4 $ 1,056.7 Share-based compensation expense (33.1) (28.0) (88.9) (75.3) Depreciation and amortization (253.5) (231.6) (753.4) (661.5) Impairment, restructuring and other operating items, net (22.1) (14.0) (41.3) (331.5) Operating income (loss) 137.4 86.6 475.8 (11.6) Interest expense (137.1) (129.9) (397.2) (408.5) Realized and unrealized gains (losses) on derivative instruments, net 292.0 (78.1) 464.2 (239.7) Foreign currency transaction gains (losses), net (136.2) 30.1 (206.0) (115.1) Losses on debt extinguishment (1.9) (41.7) (25.2) (45.1) Other income (expense), net (41.1) 0.2 (42.1) 11.8 Earnings (loss) before income taxes $ 113.1 $ (132.8) $ 269.5 $ (808.2)
Capital Expenditures of Reportable Segments	The property and equipment additions of our reportable segments and corporate operations (including capital additions financed under vendor financing or finance lease arrangements) are presented below and reconciled to the capital expenditure amounts included in our condensed consolidated statements of cash flows. For additional information concerning capital additions financed under vendor financing, see note 7. Nine months ended September 30, 2021 2020 in millions C&W Caribbean and Networks $ 190.9 $ 181.8 C&W Panama 64.5 52.3 Liberty Puerto Rico 139.1 52.3 VTR 158.0 126.7 Costa Rica 25.6 17.7 Corporate 20.9 12.3 Total property and equipment additions 599.0 443.1 Assets acquired under capital-related vendor financing arrangements (65.0) (80.5) Changes in current liabilities related to capital expenditures 10.7 55.7 Total capital expenditures $ 544.7 $ 418.3
Revenue by Major Category	Three months ended September 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate (a) Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 32.6 $ 6.5 $ 39.4 $ 72.6 $ 18.4 $ — $ — $ 169.5 Broadband internet 68.9 11.5 64.1 75.8 15.4 — — 235.7 Fixed-line telephony 16.6 4.3 7.1 19.4 1.1 — — 48.5 Total subscription revenue 118.1 22.3 110.6 167.8 34.9 — — 453.7 Non-subscription revenue 10.6 2.3 5.0 3.8 1.5 — (0.1) 23.1 Total residential fixed revenue 128.7 24.6 115.6 171.6 36.4 — (0.1) 476.8 Residential mobile revenue: Service revenue 76.1 38.6 114.2 11.5 27.6 — 0.1 268.1 Interconnect, inbound roaming, equipment sales and other (b) 12.8 11.6 70.8 1.7 7.0 5.4 — 109.3 Total residential mobile revenue 88.9 50.2 185.0 13.2 34.6 5.4 0.1 377.4 Total residential revenue 217.6 74.8 300.6 184.8 71.0 5.4 — 854.2 B2B revenue: Service revenue (c) 153.8 54.1 51.0 8.3 5.9 — (1.4) 271.7 Subsea network revenue 63.1 — — — — — (4.4) 58.7 Total B2B revenue 216.9 54.1 51.0 8.3 5.9 — (5.8) 330.4 Other revenue (d) — — 7.4 — — — — 7.4 Total $ 434.5 $ 128.9 $ 359.0 $ 193.1 $ 76.9 $ 5.4 $ (5.8) $ 1,192.0 (a) Amount relates to services we provide for mobile handset insurance following the closing of the AT&T Acquisition. (b) The total amount includes $24 million of inbound roaming revenue and $60 million of revenue from sales of mobile handsets and other devices. (c) The total amount includes $5 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. (d) Amount relates to revenue received from the FCC primarily related to Liberty Mobile following the closing of the AT&T Acquisition. Three months ended September 30, 2020 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 34.7 $ 6.1 $ 37.1 $ 72.2 $ 19.7 $ — $ 169.8 Broadband internet 62.7 9.5 52.5 84.5 13.0 — 222.2 Fixed-line telephony 18.3 4.3 6.5 18.0 1.0 — 48.1 Total subscription revenue 115.7 19.9 96.1 174.7 33.7 — 440.1 Non-subscription revenue 10.5 2.6 4.2 4.0 1.4 — 22.7 Total residential fixed revenue 126.2 22.5 100.3 178.7 35.1 — 462.8 Residential mobile revenue: Service revenue 71.6 39.1 — 13.8 — — 124.5 Interconnect, inbound roaming, equipment sales and other (a) 10.7 10.1 — 2.0 — — 22.8 Total residential mobile revenue 82.3 49.2 — 15.8 — — 147.3 Total residential revenue 208.5 71.7 100.3 194.5 35.1 — 610.1 B2B revenue: Service revenue (b) 151.2 47.2 14.1 7.3 — (0.7) 219.1 Subsea network revenue 62.0 — — — — (3.7) 58.3 Total B2B revenue 213.2 47.2 14.1 7.3 — (4.4) 277.4 Total $ 421.7 $ 118.9 $ 114.4 $ 201.8 $ 35.1 $ (4.4) $ 887.5 (a) The total amount includes $3 million of inbound roaming revenue and $7 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $2 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Nine months ended September 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate (a) Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 100.3 $ 18.9 $ 117.2 $ 228.3 $ 56.9 $ — $ — $ 521.6 Broadband internet 203.2 33.0 188.7 245.3 43.9 — — 714.1 Fixed-line telephony 50.2 12.8 21.2 59.3 3.3 — — 146.8 Total subscription revenue 353.7 64.7 327.1 532.9 104.1 — — 1,382.5 Non-subscription revenue 32.7 7.2 14.1 11.2 4.8 — (0.1) 69.9 Total residential fixed revenue 386.4 71.9 341.2 544.1 108.9 — (0.1) 1,452.4 Residential mobile revenue: Service revenue 222.9 117.3 346.3 37.7 27.6 — 0.1 751.9 Interconnect, inbound roaming, equipment sales and other (b) 38.2 33.2 213.8 5.8 7.0 16.2 — 314.2 Total residential mobile revenue 261.1 150.5 560.1 43.5 34.6 16.2 0.1 1,066.1 Total residential revenue 647.5 222.4 901.3 587.6 143.5 16.2 — 2,518.5 B2B revenue: Service revenue (c) 457.4 156.6 155.0 25.1 5.9 — (3.4) 796.6 Subsea network revenue 193.6 — — — — — (13.2) 180.4 Total B2B revenue 651.0 156.6 155.0 25.1 5.9 — (16.6) 977.0 Other revenue (d) — — 24.4 — — — — 24.4 Total $ 1,298.5 $ 379.0 $ 1,080.7 $ 612.7 $ 149.4 $ 16.2 $ (16.6) $ 3,519.9 (a) Amount relates to services we provide for mobile handset insurance following the closing of the AT&T Acquisition. (b) The total amount includes $74 million of inbound roaming revenue and $173 million of revenue from sales of mobile handsets and other devices. (c) The total amount includes $12 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. (d) Amount relates to revenue received from the FCC primarily related to Liberty Mobile following the closing of the AT&T Acquisition. Nine months ended September 30, 2020 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 107.5 $ 20.9 $ 109.1 $ 214.8 $ 59.6 $ — $ 511.9 Broadband internet 185.1 28.6 147.2 247.2 38.0 — 646.1 Fixed-line telephony 56.9 14.2 18.6 55.2 2.6 — 147.5 Total subscription revenue 349.5 63.7 274.9 517.2 100.2 — 1,305.5 Non-subscription revenue 32.3 9.0 12.6 13.6 3.2 — 70.7 Total residential fixed revenue 381.8 72.7 287.5 530.8 103.4 — 1,376.2 Residential mobile revenue: Service revenue 218.0 120.1 — 42.2 — — 380.3 Interconnect, inbound roaming, equipment sales and other (a) 33.3 31.3 — 5.6 — — 70.2 Total residential mobile revenue 251.3 151.4 — 47.8 — — 450.5 Total residential revenue 633.1 224.1 287.5 578.6 103.4 — 1,826.7 B2B revenue: Service revenue (b) 451.4 145.3 40.6 22.7 — (2.9) 657.1 Subsea network revenue 194.1 — — — — (10.5) 183.6 Total B2B revenue 645.5 145.3 40.6 22.7 — (13.4) 840.7 Total $ 1,278.6 $ 369.4 $ 328.1 $ 601.3 $ 103.4 $ (13.4) $ 2,667.4 (a) The total amount includes $12 million of inbound roaming revenue and $23 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $8 million of revenue from sales of mobile handsets and other devices to B2B mobile customers.
Revenue by Geographic Segments	The revenue from third-party customers for our geographic markets is set forth in the table below. Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 in millions Puerto Rico $ 345.6 $ 114.0 $ 1,039.5 $ 327.0 Chile 193.1 201.8 612.7 601.3 Panama 128.2 118.3 377.2 367.6 Jamaica 100.6 93.8 297.3 277.5 Networks & LatAm (a) 85.6 83.8 260.8 262.3 Costa Rica 76.8 35.1 149.3 103.4 The Bahamas 47.8 44.6 140.5 134.9 Barbados 35.6 34.9 104.5 105.2 Trinidad and Tobago 38.7 40.1 118.3 120.8 Curacao 34.6 35.9 104.2 110.0 Other (b) 105.4 85.2 315.6 257.4 Total $ 1,192.0 $ 887.5 $ 3,519.9 $ 2,667.4 (a) The amounts represent managed services and wholesale revenue from various jurisdictions across Latin America and the Caribbean, primarily related to the sale and lease of telecommunications capacity on C&W’s subsea and terrestrial fiber optic cable networks.

Basis of Presentation (Details)

Basis of Presentation (Details)	12 Months Ended
	Dec. 31, 2020segment	Sep. 30, 2021marketcountry
Basis of Presentation [Line Items]
Number of operating segments | segment	1
Residential and Business-to-Business Services
Basis of Presentation [Line Items]
Number of countries in which entity provides services (over) | country		20
Wholesale Communication Services | C&W
Basis of Presentation [Line Items]
Number of markets (over) | market		40

Current Expected Credit Losse_2

Current Expected Credit Losses - Changes in Allowance for Credit Loss (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 100	$ 87.3
Provision for expected losses	38.6	50.3
Write-offs	(48.7)	(45.3)
Reclassification to assets held for sale	(9.7)	0
Foreign currency translation adjustments and other	0.3	4.5
Balance at end of period	$ 80.5	$ 96.8

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) $ in Millions	Sep. 15, 2021USD ($)	Aug. 09, 2021USD ($)	Oct. 31, 2020	Jul. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Business Acquisition [Line Items]
Capital contribution from noncontrolling interest owner					$ 47	$ 46.9	$ 0
B2 B Operations In Puerto Rico
Business Acquisition [Line Items]
Stated purchase price					22	22
Gain on sale of business						9
Claro Panama Acquisition
Business Acquisition [Line Items]
Enterprise value	$ 200
Telefónica S.A. Acquisition
Business Acquisition [Line Items]
Enterprise value		$ 500		$ 500
Capital contribution from noncontrolling interest owner					47
Revenue					41	41
Net earnings					$ 3	$ 3
AT&T Acquisition
Business Acquisition [Line Items]
Transitional services term			36 months
Termination period			60

Acquisitions - Reconciliation O

Acquisitions - Reconciliation Of Purchase Price To Net Cash Paid (Details) - USD ($) $ in Millions	Aug. 09, 2021	Jul. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Business Acquisition [Line Items]
Net cash paid for the Telefónica-Costa Rica Acquisition			$ 520.6	$ 0.1
Telefónica S.A. Acquisition
Business Acquisition [Line Items]
Stated Telefónica Acquisition Agreement purchase price	$ 500	$ 500
Preliminary working capital adjustments	37.6
Total purchase price	537.6
Opening balance sheet cash	(17)
Net cash paid for the Telefónica-Costa Rica Acquisition	$ 520.6

Acquisitions - Preliminary Open

Acquisitions - Preliminary Opening Balance Sheet (Details) - USD ($) $ in Millions	Aug. 09, 2021	Oct. 31, 2020	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Goodwill			$ 4,561.6	$ 4,885.5
Intangible assets not subject to amortization			1,592.4	1,465.6
Telefónica S.A. Acquisition
Business Acquisition [Line Items]
Current assets	$ 83.3
Goodwill	260.1
Property and equipment	97.2
Intangible assets subject to amortization	166
Other assets	173
Current liabilities	(83.2)
Long-term liabilities	(158.8)
Total purchase price	$ 537.6
Direct acquisition costs			$ 10
Telefónica S.A. Acquisition | Customer relationships
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets	8 years
Telefónica S.A. Acquisition | Spectrum Licenses
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets	25 years
AT&T Acquisition
Business Acquisition [Line Items]
Current assets		$ 155.6
Goodwill		196.9
Property and equipment		768.6
Intangible assets subject to amortization		85.6
Intangible assets not subject to amortization		1,043
Other assets		272.8
Current liabilities		(67.9)
Long-term debt and finance lease obligations		(10.6)
Non-current deferred tax liabilities		(344.3)
Other long-term liabilities		(167.3)
Total purchase price		1,932.4
Current EIP receivables		67
Noncurrent EIP receivables		39
Right-of-use assets acquired		182
Current operating lease liabilities assumed		33
Noncurrent operating lease liabilities assumed		$ 163
Direct acquisition costs				$ 51	$ 5
AT&T Acquisition | Customer relationships
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets		10 years

Acquisitions - Pro Forma Inform

Acquisitions - Pro Forma Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Business Combination and Asset Acquisition [Abstract]
Revenue	$ 1,220.8	$ 1,184.5	$ 3,684.8	$ 3,518.1
Net loss attributable to Liberty Latin America shareholders	$ 81.7	$ (44.3)	$ 191.6	$ (542.1)

Derivative Instruments - Fair V

Derivative Instruments - Fair Values of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Liabilities:
Current	$ 44.8	$ 90.2
Long-term	57.5	403
Total	102.3	493.2
Cross-currency and interest rate derivative contracts
Assets:
Current	0	0.7
Long-term	14.1	4.4
Total	14.1	5.1
Liabilities:
Current	44.7	71.4
Long-term	57.5	403
Total	102.2	474.4
Foreign currency forward contracts
Liabilities:
Current	0.1	18.8
Long-term	0	0
Total	$ 0.1	$ 18.8

Derivative Instruments - Realiz

Derivative Instruments - Realized and Unrealized Gains (Losses) on Derivatives (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ 292	$ (78.1)	$ 464.2	$ (239.7)
VTR
Derivative [Line Items]
Realized gains (losses)		71		71
Cross-currency and interest rate derivative contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	285.1	(70.7)	464.2	(234.7)
Foreign currency forward contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	15.4	(2.3)	20.1	5.8
Weather Derivatives
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(8.5)	(5.1)	(20.1)	(10.8)
Cross currency interest rate contract - credit risk valuation adjustments
Derivative [Line Items]
Gain (loss) on credit risk derivatives	(15)	$ 1	(44)	$ 41
Cross currency interest rate contract - credit risk valuation adjustments | Chile JV
Derivative [Line Items]
Gain (loss) on credit risk derivatives	$ (12)		$ (29)

Derivative Instruments - Net Ca

Derivative Instruments - Net Cash Received (Paid) Related to Derivatives (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2021	Sep. 30, 2021	Sep. 30, 2020
Derivative [Line Items]
Operating activities		$ (109)	$ (32.1)
Investing activities		(2)	7.4
Financing activities		(43)	180.6
Total		(154)	$ 155.9
Interest Rate Swap | VTR
Derivative [Line Items]
Financing activities	$ (11)
Interest Rate Swap | Liberty Puerto Rico
Derivative [Line Items]
Financing activities		$ (32)

Derivative Instruments - Cross-

Derivative Instruments - Cross-currency Derivative Contracts (Details) - 9 months ended Sep. 30, 2021 - Cross-Currency Swap 1 - C&W $ in Millions, $ in Millions	USD ($)	COP ($)
Derivative [Line Items]
Notional amount of derivative	$ 56	$ 197,014
Weighted average remaining life	4 years 9 months 18 days

Derivative Instruments - Intere

Derivative Instruments - Interest Rate Derivative Contracts (Details) ₡ in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2021CRC (₡)
Interest Rate Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 2,840
Weighted average remaining life	6 years 9 months 18 days
Derivative floor interest rate	0.00%	0.00%
Interest Rate Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 500
Weighted average remaining life	10 years 2 months 12 days
Interest Rate Swap | Costa Rica
Derivative [Line Items]
Notional amount of derivative	$ 276.7
Weighted average remaining life	2 years
Derivative floor interest rate	0.75%	0.75%
Basis Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 1,510
Weighted average remaining life	3 months 18 days
Basis Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 500
Weighted average remaining life	3 months 18 days
Foreign currency forward contracts | Costa Rica
Derivative [Line Items]
Notional amount of derivative	$ 11	₡ 6,828
Weighted average remaining life	2 months 12 days

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - Interest Rate Floor $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 500
Weighted average remaining life	7 years

Fair Value Measurements (Detail

Fair Value Measurements (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)$ / shares	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)$ / shares	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
impairment of cost basis investment | $	$ 41,000,000
Nonrecurring | Customer relationships | AT&T Acquisition | Discount rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business Combination, Measurement Input | $ / shares	0.10		0.10
Nonrecurring | Customer relationships | Telefónica Costa Rica Acquisition | Discount rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business Combination, Measurement Input | $ / shares	0.11		0.11
Nonrecurring | Spectrum Licenses | AT&T Acquisition | Discount rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business Combination, Measurement Input | $ / shares	0.08		0.08
Level 3 | Derivative Financial Instruments, Liabilities | Sable Currency Swaps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative instrument liability | $					$ 1,000,000
Net gains (losses) recorded in earnings | $	$ 0	$ 3,000,000	$ (1,000,000)	$ 16,000,000

Long-lived Assets - Goodwill (D

Long-lived Assets - Goodwill (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Beginning balance	$ 4,885.5
Acquisitions and related adjustments	104.8
Reclassification to assets held for sale	(329.1)
Foreign currency translation adjustments and other	(99.6)
Ending balance	4,561.6
Accumulated goodwill impairments	1,624	$ 1,624
C&W Caribbean and Networks
Goodwill [Roll Forward]
Beginning balance	3,112
Acquisitions and related adjustments	0
Reclassification to assets held for sale	0
Foreign currency translation adjustments and other	(48.6)
Ending balance	3,063.4
C&W Panama
Goodwill [Roll Forward]
Beginning balance	617.1
Acquisitions and related adjustments	0
Reclassification to assets held for sale	0
Foreign currency translation adjustments and other	0
Ending balance	617.1
Liberty Puerto Rico
Goodwill [Roll Forward]
Beginning balance	629.9
Acquisitions and related adjustments	(155.3)
Reclassification to assets held for sale	0
Foreign currency translation adjustments and other	0
Ending balance	474.6
VTR
Goodwill [Roll Forward]
Beginning balance	374.6
Acquisitions and related adjustments	0
Reclassification to assets held for sale	(329.1)
Foreign currency translation adjustments and other	(45.5)
Ending balance	0
Costa Rica
Goodwill [Roll Forward]
Beginning balance	151.9
Acquisitions and related adjustments	260.1
Reclassification to assets held for sale	0
Foreign currency translation adjustments and other	(5.5)
Ending balance	$ 406.5

Long-lived Assets - Property an

Long-lived Assets - Property and Equipment, Net (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 7,161.3		$ 8,739.7
Accumulated depreciation	(2,914.4)		(3,828.3)
Total	4,246.9		4,911.4
Non-cash increases related to vendor financing arrangements	65	$ 80.5
Distribution systems
Property, Plant and Equipment [Line Items]
Property and equipment, gross	4,659.5		5,082.9
CPE
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,028.7		1,935.5
Support equipment, buildings and land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,473.1		$ 1,721.3

Long-lived Assets - Intangible

Long-lived Assets - Intangible Assets Subject to Amortization, Net (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Statement [Line Items]
Gross carrying amount	$ 1,929.7	$ 1,714.2
Accumulated amortization	(1,054.1)	(855.3)
Total	875.6	858.9
Customer relationships
Statement [Line Items]
Gross carrying amount	1,645.3	1,554.8
Licenses and other
Statement [Line Items]
Gross carrying amount	$ 284.4	$ 159.4

Assets Held for Sale - Narrativ

Assets Held for Sale - Narrative (Details) $ in Millions, $ in Billions	Sep. 29, 2021USD ($)	Sep. 29, 2021CLP ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Earnings (loss) before income taxes			$ 113.1	$ (132.8)	$ 269.5	$ (808.2)
Chile JV
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest percentage	50.00%	50.00%
Earnings (loss) before income taxes			$ 159	$ (65)	$ 200	$ (106)
America Movil
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments to acquire equity method investments	$ 100	$ 73

Assets Held for Sale - Schedule

Assets Held for Sale - Schedule of Assets and Liabilities (Details) - Disposal Group, Held-for-sale, Not Discontinued Operations - Chile JV Entities $ in Millions	Sep. 30, 2021USD ($)
Assets:
Cash and cash equivalents	$ 154
Other current assets, net	125.9
Property and equipment, net	680.7
Goodwill	329.1
Other assets, net	252.5
Total assets	1,542.2
Liabilities:
Current portion of debt	86.4
Other accrued and current liabilities	295.2
Long-term debt	1,415.6
Other long-term liabilities	39.7
Total liabilities	1,836.9
Derivative assets, current	17
Derivative assets, noncurrent	202
Derivative liabilities, current	21
Derivative liabilities, noncurrent	$ 1

Debt and Finance Lease Obliga_3

Debt and Finance Lease Obligations - Components of Debt (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Weighted average interest rate	5.14%
Unused borrowing capacity	$ 964.5
Estimated fair value	7,828.6	$ 8,815.1
Total debt before premiums, discounts and deferred financing costs	7,629.6	8,500.9
Premiums, discounts and deferred financing costs, net	(123.2)	(157.1)
Total carrying amount of debt	7,506.4	8,343.8
Finance lease obligations	12.3	13.4
Total debt and finance lease obligations	7,518.7	8,357.2
Less: Current maturities of debt and finance lease obligations	(75.6)	(161.9)
Long-term debt and finance lease obligations	$ 7,443.1	8,195.3
Convertible Debt | Convertible Notes
Debt Instrument [Line Items]
Weighted average interest rate	2.00%
Unused borrowing capacity	$ 0
Estimated fair value	408.1	381.8
Total debt before premiums, discounts and deferred financing costs	$ 402.5	402.5
Senior Notes | C&W Notes
Debt Instrument [Line Items]
Weighted average interest rate	6.74%
Unused borrowing capacity	$ 0
Estimated fair value	2,377.9	2,435.8
Total debt before premiums, discounts and deferred financing costs	$ 2,270	2,270
Line of Credit | C&W Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate	2.75%
Unused borrowing capacity	$ 790
Estimated fair value	1,832.6	1,834.7
Total debt before premiums, discounts and deferred financing costs	$ 1,853.4	1,856.2
Line of Credit | LPR Senior Secured Notes
Debt Instrument [Line Items]
Weighted average interest rate	6.12%
Unused borrowing capacity	$ 0
Estimated fair value	2,217.8	1,389.4
Total debt before premiums, discounts and deferred financing costs	$ 2,110	1,290
Line of Credit | LPR Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate	3.83%
Unused borrowing capacity	$ 167.5
Estimated fair value	500.6	1,002.5
Total debt before premiums, discounts and deferred financing costs	$ 500	1,000
Line of Credit | Cabletica Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate	7.26%
Unused borrowing capacity	$ 7
Estimated fair value	409.6	119.3
Total debt before premiums, discounts and deferred financing costs	$ 411.7	119.6
Unsecured Debt | VTR debt
Debt Instrument [Line Items]
Estimated fair value		1,483.5
Total debt before premiums, discounts and deferred financing costs		1,394.5
Unsecured Debt | Vendor financing
Debt Instrument [Line Items]
Weighted average interest rate	2.66%
Unused borrowing capacity	$ 0
Estimated fair value	82	168.1
Total debt before premiums, discounts and deferred financing costs	$ 82	$ 168.1

Debt and Finance Lease Obliga_4

Debt and Finance Lease Obligations - Components of Debt Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Convertible Notes
Debt Instrument [Line Items]
Carrying amount of convertible note	$ 354
Unamortized debt discount	$ 46
Convertible Debt | Convertible Notes
Debt Instrument [Line Items]
Interest rate	6.70%
Unsecured Debt | Vendor Financing Obligations
Debt Instrument [Line Items]
General term of vendor financing arrangements for amounts due	1 year	1 year
Operating expenses financed by intermediary	$ 82	$ 78

Debt and Finance Lease Obliga_5

Debt and Finance Lease Obligations - VTR Finance Senior Note (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021CRC (₡)	Sep. 30, 2021CLP ($)	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
Principal amount repaid	$ 7,629,600,000		$ 7,629,600,000					$ 8,500,900,000
Loss on debt extinguishment	1,900,000	$ 41,700,000	25,200,000	$ 45,100,000
C&W Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	580,000,000		580,000,000
Non-cash component	0		0
Principal amount repaid	$ 1,853,400,000		$ 1,853,400,000					$ 1,856,200,000
C&W Credit Facilities | Line of Credit | LIBOR
Debt Instrument [Line Items]
Interest rate			3.25%
2029 LPR Senior Secured Notes | Senior Notes
Debt Instrument [Line Items]
Issued at	100.00%		100.00%		100.00%	100.00%
Interest rate	5.125%		5.125%		5.125%	5.125%
Line of Credit Facility, Maximum Borrowing Capacity	$ 820,000,000		$ 820,000,000
Non-cash component	$ 500,000,000		$ 500,000,000
2028 LPR Term Loan | Medium-term Notes
Debt Instrument [Line Items]
Issued at	100.00%		100.00%		100.00%	100.00%
Line of Credit Facility, Maximum Borrowing Capacity	$ 500,000,000		$ 500,000,000
Non-cash component	500,000,000		$ 500,000,000
2028 LPR Term Loan | Medium-term Notes | LIBOR
Debt Instrument [Line Items]
Interest rate			3.75%
LPR Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity							$ 43,000,000
Non-cash component	$ 0		$ 0
LPR Revolving Credit Facility | Line of Credit | LIBOR
Debt Instrument [Line Items]
Interest rate			3.50%
2029 VTR Senior Secured Notes | Senior Notes
Debt Instrument [Line Items]
Issued at	100.00%		100.00%		100.00%	100.00%
Interest rate	4.375%		4.375%		4.375%	4.375%
Line of Credit Facility, Maximum Borrowing Capacity	$ 410,000,000		$ 410,000,000
Non-cash component	60,000,000		60,000,000
VTR RCF – A | Line of Credit
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	0		0
Non-cash component	0		$ 0
VTR RCF – A | Line of Credit | TAB
Debt Instrument [Line Items]
Interest rate			3.35%
2026 SPV Credit Facility | Line of Credit
Debt Instrument [Line Items]
Non-cash component	1,000,000,000		$ 1,000,000,000
Redemption price			100.00%
Principal amount repaid	1,000,000,000		$ 1,000,000,000
Loss on debt extinguishment			14,300,000
2028 VTR Senior Secured Notes | Senior Notes
Debt Instrument [Line Items]
Non-cash component	60,000,000		$ 60,000,000
Redemption price			103.00%
Principal amount repaid	120,000,000		$ 120,000,000
Loss on debt extinguishment			4,000,000
VTR TLB-1 Facility | Medium-term Notes
Debt Instrument [Line Items]
Non-cash component	0		$ 0
Redemption price			100.00%
Principal amount repaid	196,400,000		$ 196,400,000			$ 140,900
Loss on debt extinguishment			5,600,000
VTR TLB-2 Facility | Medium-term Notes
Debt Instrument [Line Items]
Non-cash component	0		$ 0
Redemption price			100.00%
Principal amount repaid	$ 46,100,000		$ 46,100,000			$ 33,100
Loss on debt extinguishment			$ 1,300,000
Costa Rica Term Loan B-1 Facility | Line of Credit
Debt Instrument [Line Items]
Issued at	100.00%		100.00%		100.00%	100.00%
Line of Credit Facility, Maximum Borrowing Capacity	$ 227,500,000		$ 227,500,000
Non-cash component	$ 0		$ 0
Costa Rica Term Loan B-1 Facility | Line of Credit | LIBOR
Debt Instrument [Line Items]
Interest rate			5.50%
Costa Rica Term Loan B-1 Facility | Line of Credit | LIBOR | Minimum
Debt Instrument [Line Items]
Interest rate			0.75%
Costa Rica Term Loan B-2 Facility | Line of Credit
Debt Instrument [Line Items]
Issued at	100.00%		100.00%		100.00%	100.00%
Line of Credit Facility, Maximum Borrowing Capacity	$ 58,800,000		$ 58,800,000		₡ 36,457,900,000
Non-cash component	$ 0		$ 0
Costa Rica Term Loan B-2 Facility | Line of Credit | TBP
Debt Instrument [Line Items]
Interest rate			6.75%

Debt and Finance Lease Obliga_6

Debt and Finance Lease Obligations - Maturities of Debt (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Total debt maturities	$ 7,629.6	$ 8,500.9
Premiums, discounts and deferred financing costs, net	(123.2)	(157.1)
Total carrying amount of debt	7,506.4	$ 8,343.8
C&W
Debt Instrument [Line Items]
2021 (remainder of year)	28.2
2022	60.2
2023	124.7
2024	60.8
2025	144.6
2026	500.6
Thereafter	3,284.8
Total debt maturities	4,203.9
Premiums, discounts and deferred financing costs, net	(27.3)
Total carrying amount of debt	4,176.6
Current portion	74.4
Noncurrent portion	4,102.2
Liberty Puerto Rico
Debt Instrument [Line Items]
2021 (remainder of year)	0
2022	0
2023	0
2024	0
2025	0
2026	0
Thereafter	2,610
Total debt maturities	2,610
Premiums, discounts and deferred financing costs, net	(38.3)
Total carrying amount of debt	2,571.7
Current portion	0
Noncurrent portion	2,571.7
Costa Rica
Debt Instrument [Line Items]
2021 (remainder of year)	0
2022	0
2023	0
2024	411.7
2025	0
2026	0
Thereafter	0
Total debt maturities	411.7
Premiums, discounts and deferred financing costs, net	(8.8)
Total carrying amount of debt	402.9
Current portion	0
Noncurrent portion	402.9
Liberty Latin America
Debt Instrument [Line Items]
2021 (remainder of year)	0.1
2022	0.5
2023	0.6
2024	402.8
2025	0
2026	0
Thereafter	0
Total debt maturities	404
Premiums, discounts and deferred financing costs, net	(48.8)
Total carrying amount of debt	355.2
Current portion	0.4
Noncurrent portion	354.8
Consolidated
Debt Instrument [Line Items]
2021 (remainder of year)	28.3
2022	60.7
2023	125.3
2024	875.3
2025	144.6
2026	500.6
Thereafter	5,894.8
Total debt maturities	7,629.6
Premiums, discounts and deferred financing costs, net	(123.2)
Total carrying amount of debt	7,506.4
Current portion	74.8
Noncurrent portion	$ 7,431.6

Debt and Finance Lease Obliga_7

Debt and Finance Lease Obligations - Narrative (Details) - Subsequent Event - Senior Notes $ in Millions	1 Months Ended
	Oct. 31, 2021USD ($)
C W Senior Notes Due 2026
Debt Instrument [Line Items]
Repurchased face amount	$ 500
Redemption price	103.75%
C W Senior Secured Notes Due 2027
Debt Instrument [Line Items]
Repurchased face amount	$ 55
Redemption price	103.00%

Leases - Lease Expense (Details

Leases - Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Operating lease cost	$ 25.6	$ 10.3	$ 66.1	$ 32.9
Short-term lease cost	5.3	3.5	15.2	9.7
Total operating lease expense	$ 30.9	$ 13.8	$ 81.3	$ 42.6

Leases - Operating Leases Asset

Leases - Operating Leases Assets and Liabilities (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	$ 385.5		$ 328.6
Operating lease liabilities:
Current	78.9		63.2
Noncurrent	320		269.7
Total operating lease liabilities	$ 398.9		$ 332.9
Weighted-average remaining lease term	6 years 9 months 18 days		7 years 2 months 12 days
Weighted-average discount rate	7.30%		5.60%
Operating cash outflows related to operating leases	$ 63.6	$ 29.1
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 138.9	23
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets, net		Other assets, net
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other long-term liabilities		Other long-term liabilities
Telefónica Costa Rica Acquisition
Operating lease liabilities:
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 117	$ 117

Leases - Lease Maturities of Op

Leases - Lease Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Operating leases
2021 (remainder of year)	$ 23.7
2022	90.6
2023	77.5
2024	68.4
2025	60.8
2026	51.5
Thereafter	134.2
Total operating lease liabilities on an undiscounted basis	506.7
Present value discount	(107.8)
Present value of operating lease liabilities	$ 398.9	$ 332.9

Unfulfilled Performance Oblig_2

Unfulfilled Performance Obligations (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 $ in Millions	Sep. 30, 2021USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unfulfilled performance obligations	$ 375
Unfulfilled performance obligations, period	6 years

Programming and Other Direct _3

Programming and Other Direct Costs of Services (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 291	$ 189.7	$ 846.9	$ 580.2
Programming and copyright
Other Income and Expenses [Line Items]
Programming and other direct costs of services	108.5	96	334.7	289.5
Interconnect
Other Income and Expenses [Line Items]
Programming and other direct costs of services	69.7	58.2	201.9	183.3
Equipment and other
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 112.8	$ 35.5	$ 310.3	$ 107.4

Other Operating Costs and Exp_3

Other Operating Costs and Expenses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Other Income and Expenses [Abstract]
Personnel and contract labor	$ 142.9	$ 113.9	$ 425.1	$ 351.6
Network-related	85	66.4	242.8	193.2
Service-related	47.4	35.2	140.2	110
Commercial	57.4	38.8	163.5	120.3
Facility, provision, franchise and other	122.2	83.3	342	255.4
Share-based compensation expense	33.1	28	88.9	75.3
Total other operating costs and expenses	$ 488	$ 365.6	$ 1,402.5	$ 1,105.8

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income tax benefit (expense)	$ (39.1)	$ 42.8	$ (105.1)	$ 33.4
Effective income tax rate	(34.60%)	(32.20%)	(39.00%)	(4.10%)
Reduction in uncertain tax positions		$ 20		$ 18

Share-based Compensation - SARs

Share-based Compensation - SARs (Details) - SARs	Sep. 30, 2021$ / sharesshares
Common Class A
Number of shares
Outstanding (in shares) | shares	6,491,094
Exercisable (in shares) | shares	2,781,882
Weighted average exercise price
Outstanding (in dollars per share) | $ / shares	$ 16.16
Exercisable (in dollars per share) | $ / shares	$ 19.58
Common Class C
Number of shares
Outstanding (in shares) | shares	12,971,448
Exercisable (in shares) | shares	5,553,395
Weighted average exercise price
Outstanding (in dollars per share) | $ / shares	$ 16.21
Exercisable (in dollars per share) | $ / shares	$ 19.63

Share-based Compensation - RSUs

Share-based Compensation - RSUs and PSUs (Details) - $ / shares	1 Months Ended	9 Months Ended
	Mar. 31, 2021	Sep. 30, 2021
RSUs | Common Class A
Number of shares
Outstanding (in shares)		1,172,984
Granted (in shares)	600,000	1,548,992
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 13.88
RSUs | Common Class C
Number of shares
Outstanding (in shares)		2,345,707
Granted (in shares)	1,200,000	3,204,589
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 14
PSUs | Common Class A
Number of shares
Outstanding (in shares)		754,044
Granted (in shares)		645,704
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 11.76
PSUs | Common Class C
Number of shares
Outstanding (in shares)		1,573,623
Granted (in shares)		1,347,552
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 11.48
SARs | Common Class A
Number of shares
Granted (in shares)		1,922,255
Weighted average exercise price
Granted, weighted average exercise price (in dollars per share)		$ 13.97
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 6.44
SARs | Common Class C
Number of shares
Granted (in shares)		3,844,510
Weighted average exercise price
Granted, weighted average exercise price (in dollars per share)		$ 14.07
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 6.43
PSARs | Common Class A
Number of shares
Granted (in shares)		2,733,325
Weighted average exercise price
Granted, weighted average exercise price (in dollars per share)		$ 13.98
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 6.90
PSARs | Common Class C
Number of shares
Granted (in shares)		5,466,675
Weighted average exercise price
Granted, weighted average exercise price (in dollars per share)		$ 14.08
Weighted average grant-date fair value
Granted, weighted average grant-date fair value (in dollars per share)		$ 6.87

Share-based Compensation - 2021

Share-based Compensation - 2021 PSARs & 2020 PSUs (Details)	9 Months Ended
	Sep. 30, 2021
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance range	0.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance range	150.00%
PSARs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance period	10 years
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance period	2 years
PSUs | March 15, 2022 and September 15, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights	50.00%

Earnings or Loss per Share (Det

Earnings or Loss per Share (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average shares (basic EPS computation) (in shares)	232,801,996	185,380,797	233,059,215	183,286,840
Weighted average shares (diluted EPS computation) (in shares)	253,429,864	185,380,797	233,871,985	183,286,840
Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation)	$ 78.2		$ 170.4
Incremental income upon conversion of the Convertible Notes (if-converted method)	6		0
Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation)	$ 84.2		$ 170.4
Incremental shares attributable to the release of PSUs, RSUs and SARs upon vesting (treasury stock method) (in shares)	1,134,189		812,770
Incremental shares attributable to the conversion of the Convertible Notes (if-converted method) (in shares)	19,493,679		0
Options, SARs and RSUs
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Securities excluded (in shares)			19,900,000	19,400,000
Antidilutive securities excluded from computation of earnings per share (in shares)			19,900,000	19,400,000
PSARs and PSUs
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Securities excluded (in shares)			8,200,000
Antidilutive securities excluded from computation of earnings per share (in shares)			8,200,000
Convertible Notes
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Securities excluded (in shares)			19,500,000	19,500,000
Antidilutive securities excluded from computation of earnings per share (in shares)			19,500,000	19,500,000
PSUs
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Securities excluded (in shares)				1,500,000
Antidilutive securities excluded from computation of earnings per share (in shares)				1,500,000

Equity - Contribution from Nonc

Equity - Contribution from Noncontrolling Interest Owners (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020
Equity [Abstract]
Capital contribution from noncontrolling interest owner	$ 47	$ 46.9	$ 0

Equity - Share Repurchase Progr

Equity - Share Repurchase Program (Details) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Mar. 16, 2020
Class of Stock [Line Items]
Stock repurchase program, authorized amount			$ 100,000,000
Stock repurchased program, remaining authorized repurchase amount	$ 61,000,000
Common Class A
Class of Stock [Line Items]
Number of shares repurchased (in shares)	2,169,700	293,816
Common Class C
Class of Stock [Line Items]
Number of shares repurchased (in shares)		673,158

Equity - Right Offering (Detail

Equity - Right Offering (Details)	Sep. 25, 2020shares	Aug. 05, 2020$ / sharesshares
Equity [Abstract]
Rights offering distribution (in dollars per shares) | $ / shares		0.269
Number of shares entitled to be bought by each class C right (in shares) | shares		1
Subscription price (in dollars per shares) | $ / shares		$ 7.14
Weighted average trading price		25.00%
Threshold trading day		3 days
Common stock, shares issued (in shares) | shares	49,049,073

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details)	1 Months Ended
	Aug. 31, 2021claim
Commitments and Contingencies Disclosure [Abstract]
Number of complaints filed	2

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	9 Months Ended
	Sep. 30, 2021
Segment Reporting, Measurement Disclosures [Abstract]
Percentage of minority interest revenues and adjusted OBIDA included in net earnings attributable to noncontrolling interest	100.00%
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100.00%

Segment Reporting - Performance

Segment Reporting - Performance Measures (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting Information [Line Items]
Revenue	$ 1,192	$ 887.5	$ 3,519.9	$ 2,667.4
Adjusted OIBDA	446.1	360.2	1,359.4	1,056.7
Operating Segments | C&W Caribbean and Networks
Segment Reporting Information [Line Items]
Revenue	434.5	421.7	1,298.5	1,278.6
Adjusted OIBDA	181.6	177.3	551	531
Operating Segments | C&W Panama
Segment Reporting Information [Line Items]
Revenue	128.9	118.9	379	369.4
Adjusted OIBDA	47.9	43.1	137.5	125.8
Operating Segments | Liberty Puerto Rico
Segment Reporting Information [Line Items]
Revenue	359	114.4	1,080.7	328.1
Adjusted OIBDA	142.2	58.1	453.5	161
Operating Segments | VTR
Segment Reporting Information [Line Items]
Revenue	193.1	201.8	612.7	601.3
Adjusted OIBDA	65.1	79.1	204.3	232.3
Operating Segments | Costa Rica
Segment Reporting Information [Line Items]
Revenue	76.9	35.1	149.4	103.4
Adjusted OIBDA	24	13.8	50.8	40.3
Corporate
Segment Reporting Information [Line Items]
Revenue	5.4	0	16.2	0
Adjusted OIBDA	(14.7)	(11.2)	(37.7)	(33.7)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	$ (5.8)	$ (4.4)	$ (16.6)	$ (13.4)

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation of Operating Cash Flow to Earnings from Continuing Operations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting, Measurement Disclosures [Abstract]
Total Adjusted OIBDA	$ 446.1	$ 360.2	$ 1,359.4	$ 1,056.7
Share-based compensation expense	(33.1)	(28)	(88.9)	(75.3)
Depreciation and amortization	(253.5)	(231.6)	(753.4)	(661.5)
Impairment, restructuring and other operating items, net	(22.1)	(14)	(41.3)	(331.5)
Operating income (loss)	137.4	86.6	475.8	(11.6)
Interest expense	(137.1)	(129.9)	(397.2)	(408.5)
Realized and unrealized gains (losses) on derivative instruments, net	292	(78.1)	464.2	(239.7)
Foreign currency transaction gains (losses), net	(136.2)	30.1	(206)	(115.1)
Losses on debt extinguishment	(1.9)	(41.7)	(25.2)	(45.1)
Other income (expense), net	(41.1)	0.2	(42.1)	11.8
Earnings (loss) before income taxes	$ 113.1	$ (132.8)	$ 269.5	$ (808.2)

Segment Reporting - Property an

Segment Reporting - Property and Equipment Additions of our Reportable Segments (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 599	$ 443.1
Assets acquired under capital-related vendor financing arrangements	(65)	(80.5)
Changes in current liabilities related to capital expenditures	10.7	55.7
Total capital expenditures	544.7	418.3
Corporate
Segment Reporting Information [Line Items]
Total property and equipment additions	20.9	12.3
C&W Caribbean and Networks | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	190.9	181.8
C&W Panama | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	64.5	52.3
Liberty Puerto Rico | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	139.1	52.3
VTR | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	158	126.7
Costa Rica | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 25.6	$ 17.7

Segment Reporting - Revenue by

Segment Reporting - Revenue by Major Category (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Principal Transaction Revenue [Line Items]
Revenue	$ 1,192	$ 887.5	$ 3,519.9	$ 2,667.4
Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	854.2	610.1	2,518.5	1,826.7
Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	476.8	462.8	1,452.4	1,376.2
Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	453.7	440.1	1,382.5	1,305.5
Video
Principal Transaction Revenue [Line Items]
Revenue	169.5	169.8	521.6	511.9
Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	235.7	222.2	714.1	646.1
Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	48.5	48.1	146.8	147.5
Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	23.1	22.7	69.9	70.7
Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	377.4	147.3	1,066.1	450.5
Service revenue
Principal Transaction Revenue [Line Items]
Revenue	268.1	124.5	751.9	380.3
Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	109.3	22.8	314.2	70.2
Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	330.4	277.4	977	840.7
Service revenue
Principal Transaction Revenue [Line Items]
Revenue	271.7	219.1	796.6	657.1
Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	58.7	58.3	180.4	183.6
Other revenue
Principal Transaction Revenue [Line Items]
Revenue	7.4		24.4
Mobile Service Revenue
Principal Transaction Revenue [Line Items]
Revenue	24	3	74	23
Mobile Handset
Principal Transaction Revenue [Line Items]
Revenue	60	7	173	12
B2B Mobile Handset and Other Devices
Principal Transaction Revenue [Line Items]
Revenue	5	2	12	8
Operating Segments | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue			901.3
Operating Segments | C&W Caribbean and Networks
Principal Transaction Revenue [Line Items]
Revenue	434.5	421.7	1,298.5	1,278.6
Operating Segments | C&W Caribbean and Networks | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	217.6	208.5	647.5	633.1
Operating Segments | C&W Caribbean and Networks | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	128.7	126.2	386.4	381.8
Operating Segments | C&W Caribbean and Networks | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	118.1	115.7	353.7	349.5
Operating Segments | C&W Caribbean and Networks | Video
Principal Transaction Revenue [Line Items]
Revenue	32.6	34.7	100.3	107.5
Operating Segments | C&W Caribbean and Networks | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	68.9	62.7	203.2	185.1
Operating Segments | C&W Caribbean and Networks | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	16.6	18.3	50.2	56.9
Operating Segments | C&W Caribbean and Networks | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	10.6	10.5	32.7	32.3
Operating Segments | C&W Caribbean and Networks | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	88.9	82.3	261.1	251.3
Operating Segments | C&W Caribbean and Networks | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	76.1	71.6	222.9	218
Operating Segments | C&W Caribbean and Networks | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	12.8	10.7	38.2	33.3
Operating Segments | C&W Caribbean and Networks | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	216.9	213.2	651	645.5
Operating Segments | C&W Caribbean and Networks | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	153.8	151.2	457.4	451.4
Operating Segments | C&W Caribbean and Networks | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	63.1	62	193.6	194.1
Operating Segments | C&W Caribbean and Networks | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Operating Segments | C&W Panama
Principal Transaction Revenue [Line Items]
Revenue	128.9	118.9	379	369.4
Operating Segments | C&W Panama | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	74.8	71.7	222.4	224.1
Operating Segments | C&W Panama | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	24.6	22.5	71.9	72.7
Operating Segments | C&W Panama | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	22.3	19.9	64.7	63.7
Operating Segments | C&W Panama | Video
Principal Transaction Revenue [Line Items]
Revenue	6.5	6.1	18.9	20.9
Operating Segments | C&W Panama | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	11.5	9.5	33	28.6
Operating Segments | C&W Panama | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	4.3	4.3	12.8	14.2
Operating Segments | C&W Panama | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	2.3	2.6	7.2	9
Operating Segments | C&W Panama | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	50.2	49.2	150.5	151.4
Operating Segments | C&W Panama | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	38.6	39.1	117.3	120.1
Operating Segments | C&W Panama | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	11.6	10.1	33.2	31.3
Operating Segments | C&W Panama | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	54.1	47.2	156.6	145.3
Operating Segments | C&W Panama | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	54.1	47.2	156.6	145.3
Operating Segments | C&W Panama | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | C&W Panama | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Operating Segments | Liberty Puerto Rico
Principal Transaction Revenue [Line Items]
Revenue	359	114.4	1,080.7	328.1
Operating Segments | Liberty Puerto Rico | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	300.6	100.3		287.5
Operating Segments | Liberty Puerto Rico | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	115.6	100.3	341.2	287.5
Operating Segments | Liberty Puerto Rico | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	110.6	96.1	327.1	274.9
Operating Segments | Liberty Puerto Rico | Video
Principal Transaction Revenue [Line Items]
Revenue	39.4	37.1	117.2	109.1
Operating Segments | Liberty Puerto Rico | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	64.1	52.5	188.7	147.2
Operating Segments | Liberty Puerto Rico | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	7.1	6.5	21.2	18.6
Operating Segments | Liberty Puerto Rico | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	5	4.2	14.1	12.6
Operating Segments | Liberty Puerto Rico | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	185	0	560.1	0
Operating Segments | Liberty Puerto Rico | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	114.2	0	346.3	0
Operating Segments | Liberty Puerto Rico | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	70.8	0	213.8	0
Operating Segments | Liberty Puerto Rico | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	51	14.1	155	40.6
Operating Segments | Liberty Puerto Rico | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	51	14.1	155	40.6
Operating Segments | Liberty Puerto Rico | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | Liberty Puerto Rico | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	7.4		24.4
Operating Segments | VTR
Principal Transaction Revenue [Line Items]
Revenue	193.1	201.8	612.7	601.3
Operating Segments | VTR | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	184.8	194.5	587.6	578.6
Operating Segments | VTR | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	171.6	178.7	544.1	530.8
Operating Segments | VTR | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	167.8	174.7	532.9	517.2
Operating Segments | VTR | Video
Principal Transaction Revenue [Line Items]
Revenue	72.6	72.2	228.3	214.8
Operating Segments | VTR | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	75.8	84.5	245.3	247.2
Operating Segments | VTR | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	19.4	18	59.3	55.2
Operating Segments | VTR | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	3.8	4	11.2	13.6
Operating Segments | VTR | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	13.2	15.8	43.5	47.8
Operating Segments | VTR | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	11.5	13.8	37.7	42.2
Operating Segments | VTR | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	1.7	2	5.8	5.6
Operating Segments | VTR | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	8.3	7.3	25.1	22.7
Operating Segments | VTR | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	8.3	7.3	25.1	22.7
Operating Segments | VTR | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | VTR | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Operating Segments | Costa Rica
Principal Transaction Revenue [Line Items]
Revenue	76.9	35.1	149.4	103.4
Operating Segments | Costa Rica | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	71	35.1	143.5	103.4
Operating Segments | Costa Rica | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	36.4	35.1	108.9	103.4
Operating Segments | Costa Rica | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	34.9	33.7	104.1	100.2
Operating Segments | Costa Rica | Video
Principal Transaction Revenue [Line Items]
Revenue	18.4	19.7	56.9	59.6
Operating Segments | Costa Rica | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	15.4	13	43.9	38
Operating Segments | Costa Rica | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	1.1	1	3.3	2.6
Operating Segments | Costa Rica | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	1.5	1.4	4.8	3.2
Operating Segments | Costa Rica | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	34.6	0	34.6	0
Operating Segments | Costa Rica | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	27.6	0	27.6	0
Operating Segments | Costa Rica | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	7	0	7	0
Operating Segments | Costa Rica | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	5.9	0	5.9	0
Operating Segments | Costa Rica | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	5.9	0	5.9	0
Operating Segments | Costa Rica | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | Costa Rica | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate
Principal Transaction Revenue [Line Items]
Revenue	5.4	0	16.2	0
Corporate | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	5.4		16.2
Corporate | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Video
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	5.4		16.2
Corporate | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	5.4		16.2
Corporate | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Corporate | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0		0
Intersegment Eliminations
Principal Transaction Revenue [Line Items]
Revenue	(5.8)	(4.4)	(16.6)	(13.4)
Intersegment Eliminations | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	(0.1)	0	(0.1)	0
Intersegment Eliminations | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Video
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	(0.1)	0	(0.1)	0
Intersegment Eliminations | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	0.1	0	0.1	0
Intersegment Eliminations | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0.1	0	0.1	0
Intersegment Eliminations | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	(5.8)	(4.4)	(16.6)	(13.4)
Intersegment Eliminations | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	(1.4)	(0.7)	(3.4)	(2.9)
Intersegment Eliminations | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	(4.4)	$ (3.7)	(13.2)	$ (10.5)
Intersegment Eliminations | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	$ 0		$ 0

Segment Reporting - Geographic

Segment Reporting - Geographic Segments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting Information [Line Items]
Revenue	$ 1,192	$ 887.5	$ 3,519.9	$ 2,667.4
Puerto Rico
Segment Reporting Information [Line Items]
Revenue	345.6	114	1,039.5	327
Chile
Segment Reporting Information [Line Items]
Revenue	193.1	201.8	612.7	601.3
Panama
Segment Reporting Information [Line Items]
Revenue	128.2	118.3	377.2	367.6
Jamaica
Segment Reporting Information [Line Items]
Revenue	100.6	93.8	297.3	277.5
Networks & LatAm
Segment Reporting Information [Line Items]
Revenue	85.6	83.8	260.8	262.3
Costa Rica
Segment Reporting Information [Line Items]
Revenue	76.8	35.1	149.3	103.4
The Bahamas
Segment Reporting Information [Line Items]
Revenue	47.8	44.6	140.5	134.9
Barbados
Segment Reporting Information [Line Items]
Revenue	35.6	34.9	104.5	105.2
Trinidad and Tobago
Segment Reporting Information [Line Items]
Revenue	38.7	40.1	118.3	120.8
Curacao
Segment Reporting Information [Line Items]
Revenue	34.6	35.9	104.2	110
Other
Segment Reporting Information [Line Items]
Revenue	$ 105.4	$ 85.2	$ 315.6	$ 257.4