Liberty Latin America (LILA) 10-Q 4 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Apr. 30, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
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	2022
Document Fiscal Period Focus	Q1
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)		44,888,911
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)		179,576,478

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 856.6	$ 956.7
Trade receivables, net of allowances of $92.8 million and $80.3 million, respectively	548.6	536.4
Prepaid expenses	72.3	67.7
Current notes receivable, net of allowances of $20.6 million and $18.9 million, respectively	119.2	116.4
Other current assets, net	427.1	389
Total current assets	2,023.8	2,066.2
Goodwill	3,927.6	3,948
Property and equipment, net	4,136.4	4,168.4
Intangible assets not subject to amortization	1,592.8	1,592.4
Intangible assets subject to amortization, net	734.6	788.6
Assets held for sale	1,488.7	1,568.7
Other assets, net	1,326.9	1,253.7
Total assets	15,230.8	15,386
Current liabilities:
Accounts payable	349.2	398
Current portion of deferred revenue	160.7	148
Current portion of debt and finance lease obligations	117.8	106.3
Accrued interest	88.7	113
Accrued payroll and employee benefits	80.7	100.5
Current operating lease liabilities	78.8	82
Other accrued and current liabilities	484.1	566.7
Total current liabilities	1,360	1,514.5
Long-term debt and finance lease obligations	7,476	7,459.6
Deferred tax liabilities	699.2	696.3
Deferred revenue	143.6	152.6
Liabilities associated with assets held for sale	1,862	1,854.1
Other long-term liabilities	735.1	795.5
Total liabilities	12,275.9	12,472.6
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; 11,426,574 and 6,018,074 shares, respectively	(130)	(74)
Additional paid-in capital	5,113.2	5,075.3
Accumulated deficit	(2,594.3)	(2,677.9)
Accumulated other comprehensive loss, net of taxes	(123.3)	(89.7)
Total Liberty Latin America shareholders	2,268	2,236
Noncontrolling interests	686.9	677.4
Total equity	2,954.9	2,913.4
Total liabilities and equity	15,230.8	15,386
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	$ 1.9	$ 1.8

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Trade receivables, net of allowance	$ 92.8	$ 80.3
Current notes receivable, net of allowances	$ 20.6	$ 18.9
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)	11,426,574	6,018,074
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)	51,492,519	50,127,969
Common stock, shares outstanding (in shares)	44,962,903	45,482,853
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	1,930,907
Common stock, shares outstanding (in shares)	1,930,907	1,930,907
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)	186,346,357	183,643,584
Common stock, shares outstanding (in shares)	181,449,399	182,270,626

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Revenue	$ 1,218.7	$ 1,165.2
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	302.2	283.7
Other operating costs and expenses	506.3	455.2
Depreciation and amortization	214.1	243.1
Impairment, restructuring and other operating items, net	7.8	2.2
Operating costs and expenses (exclusive of depreciation and amortization)	1,030.4	984.2
Operating income	188.3	181
Non-operating income (expense):
Interest expense	(129.7)	(126.4)
Realized and unrealized gains (losses) on derivative instruments, net	(33.7)	114.9
Foreign currency transaction gains (losses), net	96.6	(25.4)
Losses on debt extinguishment	0	(23.3)
Other expense, net	(4.8)	(0.6)
Non-operating income (expense)	(71.6)	(60.8)
Earnings before income taxes	116.7	120.2
Income tax expense	(23.5)	(29.5)
Net earnings	93.2	90.7
Net earnings attributable to noncontrolling interests	(9.6)	(1.6)
Net earnings attributable to Liberty Latin America shareholders	$ 83.6	$ 89.1
Basic net earnings per share attributable to Liberty Latin America shareholders (in dollars per share)	$ 0.37	$ 0.38
Dilutive net earnings per share attributable to Liberty Latin America shareholders (in dollars per share)	$ 0.36	$ 0.38

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net earnings	$ 93.2	$ 90.7
Other comprehensive loss, net of taxes:
Foreign currency translation adjustments	(22.5)	(26)
Reclassification adjustments included in net earnings	(1.5)	1.2
Other	(9.7)	0.2
Other comprehensive loss	(33.7)	(24.6)
Comprehensive earnings	59.5	66.1
Comprehensive earnings attributable to noncontrolling interests	(9.5)	(1.4)
Comprehensive earnings attributable to Liberty Latin America shareholders	$ 50	$ 64.7

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Total Liberty Latin America shareholders	Common sharesClass A	Common sharesClass B	Common sharesClass C	Treasury Stock	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive loss, net of taxes	Non-controlling interests
Beginning balance at Dec. 31, 2020	$ 3,340.4	$ 2,611.4	$ 0.5	$ 0	$ 1.8	$ (9.5)	$ 4,982	$ (2,237.8)	$ (125.6)	$ 729
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	90.7	89.1						89.1		1.6
Other comprehensive loss	(24.6)	(24.4)							(24.4)	(0.2)
Share-based compensation	27.9	27.9					27.9
Other	(0.1)	(0.1)					(0.1)
Ending balance at Mar. 31, 2021	3,434.3	2,703.9	0.5	0	1.8	(9.5)	5,009.8	(2,148.7)	(150)	730.4
Beginning balance at Dec. 31, 2021	2,913.4	2,236	0.5	0	1.8	(74)	5,075.3	(2,677.9)	(89.7)	677.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	93.2	83.6						83.6		9.6
Other comprehensive loss	(33.7)	(33.6)							(33.6)	(0.1)
Repurchase of Liberty Latin America common shares	(56)	(56)				(56)
Share-based compensation	38	38			0.1		37.9
Ending balance at Mar. 31, 2022	$ 2,954.9	$ 2,268	$ 0.5	$ 0	$ 1.9	$ (130)	$ 5,113.2	$ (2,594.3)	$ (123.3)	$ 686.9

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net earnings	$ 93.2	$ 90.7
Adjustments to reconcile net earnings to net cash provided by operating activities:
Share-based compensation expense	30	23
Depreciation and amortization	214.1	243.1
Impairment	1.9	2.3
Loss (gain) on dispositions	0.1	(8.6)
Amortization of debt financing costs, premiums and discounts, net	9.5	6.8
Realized and unrealized losses (gains) on derivative instruments, net	33.7	(114.9)
Foreign currency transaction losses (gains), net	(96.6)	25.4
Losses on debt extinguishment	0	23.3
Deferred income tax expense	0.8	8.7
Changes in operating assets and liabilities, net of the effect of acquisitions and dispositions	(164.4)	(96.3)
Net cash provided by operating activities	122.3	203.5
Cash flows from investing activities:
Capital expenditures	(164.7)	(135.6)
Cash paid in connection with acquisitions, net of cash acquired	(24.8)	0
Proceeds from dispositions	0.5	20.4
Other investing activities, net	0	(11.2)
Net cash used by investing activities	(189)	(126.4)
Cash flows from financing activities:
Borrowings of debt	38.6	696
Payments of principal amounts of debt and finance lease obligations	(50.2)	(288.3)
Repurchase of Liberty Latin America common shares	(55.3)	0
Net cash paid related to derivative instruments	0	(43)
Payment of financing costs and debt redemption premiums	(2.6)	(26.8)
Other financing activities, net	(8.7)	(4.9)
Net cash provided (used) by financing activities	(78.2)	333
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	2.8
Net increase (decrease) in cash, cash equivalents and restricted cash	(142.9)	412.9
Cash, cash equivalents and restricted cash:
Beginning of period	1,074.2	912.5
End of period	931.3	1,325.4
Cash paid for interest	150.4	138.1
Net cash paid for taxes	$ 25.2	$ 14.7

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2022
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 Ltd. 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 approximately 40 markets in that region. As further described in note 8, we are accounting for the Chile JV Entities as "held for sale”. Consistent with the applicable guidance, we have not reflected reclassifications to exclude the Chile JV Entities from continuing operations in our condensed consolidated statements of operations or cash flows and related footnote disclosures. Unless otherwise indicated, ownership percentages are calculated as of March 31, 2022. 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 2021 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 expenses, deferred income taxes and related valuation allowances, loss contingencies, fair value measurements, impairment assessments, capitalization of internal costs associated with construction and installation activities, useful lives of long-lived assets and actuarial liabilities associated with certain benefit plans. Actual results could differ from those estimates. Certain prior-period amounts have been reclassified to conform to the current period presentation.

Accounting Changes and Recent A

Accounting Changes and Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes and Recent Accounting Pronouncements Accounting Changes 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. We adopted ASU 2020-06 effective January 1, 2022 and it did not have a material impact on 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 . 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. In March 2021, LIBOR’s regulator announced that certain tenors of USD LIBOR will continue to be published through June 30, 2023. We do not currently expect that the phase out of LIBOR will have a material impact on our condensed consolidated financial statements.

Current Expected Credit Losses

Current Expected Credit Losses	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Current Expected Credit Losses	Current Expected Credit Losses The changes in our allowance for expected credit losses associated with trade receivables are set forth below: Three months ended March 31, 2022 2021 in millions Balance at beginning of period $ 80.3 $ 100.0 Provision for expected losses 17.3 12.3 Write-offs (6.9) (13.5) Foreign currency translation adjustments and other 2.1 (3.9) Balance at end of period $ 92.8 $ 94.9 The changes in our allowance for expected credit losses associated with our current and long-term notes receivables are set forth below: Three months ended March 31, 2022 2021 in millions Balance at beginning of period $ 32.3 $ 16.2 Provision for expected losses 1.6 1.9 Foreign currency translation adjustments and other (0.5) — Balance at end of period $ 33.4 $ 18.1

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2022
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 during the second quarter 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. During the first quarter of 2022, we finalized the purchase price for the Telefónica Costa Rica Acquisition, which resulted in a reduction in total consideration paid of $12 million, $8 million of which was received during the quarter, and $4 million of which we expect to receive during the second quarter of 2022. The proceeds received from the final purchase price adjustments have been reflected as an investing activity in our condensed consolidated statement of cash flows. 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 the preliminary opening balance sheet of Telefónica Costa Rica at the August 9, 2021 acquisition date is presented in the following table (in millions): Current assets (a) $ 74.7 Goodwill (b) 250.8 Property and equipment 148.8 Intangible assets subject to amortization (c) 131.9 Other assets (d) 170.7 Current liabilities (e) (88.6) Long-term liabilities (f) (163.2) Total purchase price $ 525.1 (a) Primarily consists of trade receivables, notes receivables related to EIP 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 7 years and 25 years, respectively. (d) Other assets primarily consist of the long-term portion of note receivables related to EIP receivables and operating lease right-of-use assets. (e) Primarily consists of accounts payable and the current portion of operating lease obligations. (f) Primarily consists of the non-current portion of operating lease obligations and deferred tax liabilities. Broadband VI, LLC Acquisition . Effective December 31, 2021, we acquired 96% of the outstanding shares of Broadband VI, LLC for $33 million, the payment of which occurred in January 2022, subject to certain post-closing adjustments. Broadband VI, LLC provides fixed services to residential and business customers in the U.S. Virgin Islands and is included in our Liberty Puerto Rico reportable segment. Supplemental Pro Forma Information The pro forma financial information set forth in the table 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 the Telefónica Costa Rica Acquisition occurred on January 1, 2020 nor should it be considered representative of our future financial condition or results of operations. The pro forma information set forth in the table below includes, as applicable, tax-effected pro forma adjustments primarily related to: i. the impact of estimated revenue and costs associated with the transition services agreement entered into in connection with the Telefónica Costa Rica Acquisition; ii. the alignment of accounting policies; iii. interest expense related to additional borrowings in conjunction with the Telefónica Costa Rica Acquisition; iv. depreciation expense related to acquired tangible assets; 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 March 31, 2021 in millions Revenue $ 1,233.0 Net earnings attributable to Liberty Latin America shareholders $ 86.7

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments In general, we enter into derivative instruments to mitigate risk associated with (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 CRC. 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: March 31, 2022 December 31, 2021 Current (a) Long-term (a) Total Current (a) Long-term (a) Total in millions Assets (b): Cross-currency and interest rate derivative contracts (c) $ 10.6 $ 128.8 $ 139.4 $ 15.1 $ 25.3 $ 40.4 Foreign currency forward contracts 3.2 — 3.2 0.1 — 0.1 Total $ 13.8 $ 128.8 $ 142.6 $ 15.2 $ 25.3 $ 40.5 Liabilities (b): Cross-currency and interest rate derivative contracts (c) $ 11.4 $ 22.8 $ 34.2 $ 33.3 $ 62.1 $ 95.4 Foreign currency forward contracts — — — 5.8 — 5.8 Total $ 11.4 $ 22.8 $ 34.2 $ 39.1 $ 62.1 $ 101.2 (a) Our current derivative assets, long-term derivative assets, current derivative liabilities and long-term derivative liabilities are included in other current assets, net, other assets, net, other accrued and current liabilities 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 condensed consolidated balance sheets. 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, in our condensed consolidated statements of operations. 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 March 31, 2022 2021 in millions Cross-currency and interest rate derivative contracts (a) $ (17.6) $ 119.5 Foreign currency forward contracts (8.3) 0.7 Weather Derivatives (7.8) (5.3) Total $ (33.7) $ 114.9 (a) Changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net losses of $5 million and $21 million during the three months ended March 31, 2022 and 2021, respectively. Included in these amounts are net gains (losses) of $2 million and ($4 million), respectively, related to the Chile JV Entities. The following table sets forth the classification of the net cash outflows of our derivative instruments: Three months ended March 31, 2022 2021 in millions Operating activities $ (1.4) $ (23.8) Investing activities 1.2 (0.7) Financing activities (a) — (43.0) Total $ (0.2) $ (67.5) (a) The 2021 amount is 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. 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 March 31, 2022, our exposure to counterparty credit risk associated with our derivative instruments, as set forth in the assets and liabilities table above, included derivative assets with an aggregate fair value of $108 million. 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 March 31, 2022, 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 4.3 years. Interest Rate Derivative Contracts Interest Rate Swaps As noted above, we enter into interest rate swaps to mitigate risk associated with 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 March 31, 2022: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,690.0 5.1 Liberty Puerto Rico $ 500.0 6.5 Costa Rica (b) $ 276.7 1.8 (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 March 31, 2022: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W $ 2,100.0 1.3 Liberty Puerto Rico $ 620.0 1.3 Foreign Currency Forwards Contracts We enter into foreign currency forward contracts with respect to non-functional currency exposure. 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 foreign currency forwards contracts at March 31, 2022: Notional amount due from counterparty Notional amount due Weighted average remaining life in millions in years LLA UK Holding Limited (a) CLP 73,000.0 $ 88.1 0.5 Costa Rica borrowing group $ 59.1 CRC 38,727.8 0.3 (a) Represents a foreign currency forward contract entered into in connection with the Chile JV transaction, as discussed further in note 8. Interest Rate Floors Interest rate floors provide protection against interest rates falling below a pre-set level. At March 31, 2022, our Liberty Puerto Rico borrowing group had an interest rate floor with a total notional amount of $620 million and a remaining contractual life of 6.5 years. Interest Rate Caps Interest rate caps provide protection against interest rates rising above a pre-set level. At March 31, 2022, our Liberty Puerto Rico borrowing group had interest rate caps with total notional amounts of $120 million and a remaining weighted average contractual life of 6.5 years.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements General We use the fair value method to account for most of our derivative instruments. The reported fair values of our derivative instruments 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. Non-recurring Fair Value Measurements Fair value measurements may also be used for purposes of non-recurring valuations performed in connection with our acquisition accounting and impairment assessments. During the three months ended March 31, 2022, we did not perform non-recurring valuations related to acquisition accounting or impairments. For information related to the status of valuation work associated with assets acquired in connection with the Telefónica Costa Rica Acquisition, see note 4.

Long-lived Assets

Long-lived Assets	3 Months Ended
	Mar. 31, 2022
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 Foreign March 31, in millions C&W Caribbean and Networks $ 2,433.9 $ — $ 4.3 $ 2,438.2 C&W Panama 617.1 — — 617.1 Liberty Puerto Rico 498.3 0.4 — 498.7 Costa Rica 398.7 (11.2) (13.9) 373.6 Total $ 3,948.0 $ (10.8) $ (9.6) $ 3,927.6 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 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 $2,229 million at each of March 31, 2022 and December 31, 2021. Property and Equipment, Net The details of our property and equipment and the related accumulated depreciation are set forth below: March 31, December 31, in millions Distribution systems $ 4,342.1 $ 4,208.8 CPE 928.5 893.7 Support equipment, buildings and land 1,586.9 1,641.6 6,857.5 6,744.1 Accumulated depreciation (2,721.1) (2,575.7) Total $ 4,136.4 $ 4,168.4 During the three months ended March 31, 2022 and 2021, we recorded non-cash increases to our property and equipment related to vendor financing arrangements aggregating $32 million and $19 million, respectively. Intangible Assets Not Subject to Amortization The details of our intangible assets not subject to amortization are set forth below: March 31, December 31, in millions Spectrum licenses $ 1,051.0 $ 1,050.9 Cable television franchise rights 540.0 540.0 Other 1.8 1.5 Total intangible assets not subject to amortization $ 1,592.8 $ 1,592.4 Intangible Assets Subject to Amortization, Net The details of our intangible assets subject to amortization and the related accumulated amortization are set forth below: March 31, December 31, in millions Gross carrying amount: Customer relationships $ 1,523.9 $ 1,527.6 Licenses and other 215.0 220.2 Total gross carrying amount 1,738.9 1,747.8 Accumulated amortization (1,004.3) (959.2) Net carrying amount $ 734.6 $ 788.6

Assets Held for Sale

Assets Held for Sale	3 Months Ended
	Mar. 31, 2022
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 and amortization or right of use assets of the Chile JV Entities. We have not presented the 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 March 31, 2022 are summarized below (in millions): March 31, December 31, in millions Assets: Cash and cash equivalents (a) $ 66.8 $ 109.7 Other current assets, net (b) 127.0 132.6 Property and equipment, net 789.8 686.0 Goodwill 339.6 313.0 Other assets, net (b) 165.5 327.4 Total assets $ 1,488.7 $ 1,568.7 Liabilities: Current portion of debt $ 89.1 $ 82.2 Other accrued and current liabilities (c) 300.5 294.2 Long-term debt 1,416.9 1,416.8 Other long-term liabilities (c) 55.5 60.9 Total liabilities $ 1,862.0 $ 1,854.1 (a) Amounts exclude certain cash and cash equivalent balances of the Chile JV Entities that Liberty Latin America is able to retain upon the formation of the Chile JV and are therefore not classified as held for sale. (b) Other current assets, net includes $11 million and $27 million, respectively, and other assets, net, includes $119 million and $277 million, respectively, related to derivative assets. (c) Other accrued and current liabilities includes $23 million and $16 million, respectively, and other long-term liabilities includes $2 million at each period related to derivative liabilities. Our condensed consolidated statements of operations include losses before income taxes attributable to the Chile JV Entities of $76 million and $22 million for the three months ended March 31, 2022 and 2021, respectively.

Debt and Finance Lease Obligati

Debt and Finance Lease Obligations	3 Months Ended
	Mar. 31, 2022
Debt and Lease Obligation [Abstract]
Debt and Finance Lease Obligations	Debt and Finance Lease Obligations 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 condensed consolidated balance sheets. For information regarding the pending formation of the Chile JV and the held-for-sale presentation of the Chile JV Entities, see note 8. The U.S. dollar equivalents of the components of our debt are as follows: March 31, 2022 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent March 31, December 31, 2021 March 31, December 31, 2021 in millions Convertible Notes (d) 2.00 % — $ — $ 368.9 $ 396.5 $ 402.5 $ 402.5 C&W Notes 6.55 % — — 1,707.8 1,774.3 1,715.0 1,715.0 C&W Credit Facilities 3.12 % (e) 794.5 2,420.8 2,422.7 2,455.3 2,451.3 LPR Senior Secured Notes 6.08 % — — 1,975.1 2,058.1 1,981.0 1,981.0 LPR Credit Facilities 4.15 % $ 172.5 172.5 616.9 623.1 620.0 620.0 Costa Rica Credit Facilities (f) 7.23 % $ 7.0 7.0 400.0 407.1 404.1 408.7 Vendor financing (g) 2.99 % — — 117.7 99.8 117.7 99.8 Total debt before premiums, discounts and deferred financing costs 4.88 % $ 974.0 $ 7,607.2 $ 7,781.6 $ 7,695.6 $ 7,678.3 The following table provides a reconciliation of total debt before premiums, discounts and deferred financing costs to total debt and finance lease obligations: March 31, December 31, 2021 in millions Total debt before premiums, discounts and deferred financing costs $ 7,695.6 $ 7,678.3 Premiums, discounts and deferred financing costs, net (113.6) (120.0) Total carrying amount of debt 7,582.0 7,558.3 Finance lease obligations 11.8 7.6 Total debt and finance lease obligations 7,593.8 7,565.9 Less: Current maturities of debt and finance lease obligations (117.8) (106.3) Long-term debt and finance lease obligations $ 7,476.0 $ 7,459.6 (a) Represents the weighted average interest rate in effect at March 31, 2022 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 March 31, 2022 without regard to covenant compliance calculations or other conditions precedent to borrowing. At March 31, 2022, 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 March 31, 2022 compliance reporting requirements. At March 31, 2022, 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, other than VTR’s that is limited to approximately CLP 81 billion ($103 million) under the terms of the 2028 VTR Senior Notes indenture. (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 March 31, 2022, the carrying value of the Convertible Notes was $362 million and the unamortized debt discount on the Convertible Notes was $39 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar and Trinidad & Tobago dollar revolving credit facilities. (f) The Costa Rica Credit Facilities comprise certain Costa Rican colón and U.S. dollar term loans and a U.S. dollar revolving credit facility. (g) 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 $32 million and $26 million for the three months ended March 31, 2022 and 2021, 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 Borrowings related to significant notes we issued and credit facilities we drew down, entered into or amended during the three months ended March 31, 2022 and 2021, including activity related to the Chile JV Entities, are included in the table below. 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. Period Borrowing group Instrument Issued at Maturity Interest rate Principal amount borrowed Non-cash component in millions 2022 C&W 2028 CWP Term Loan A 100% January 18, 2028 4.25% $ 275.0 $ 272.9 2022 C&W 2028 CWP Term Loan B (a) 100% January 18, 2028 4.25% $ — $ — 2022 C&W CWP Revolving Credit Facility (b) 100% January 18, 2027 3.75% $ — N/A 2021 Liberty Puerto Rico 2029 LPR Senior Secured Notes 100% July 15, 2029 5.125% $ 820.0 $ 500.0 2021 Liberty Puerto Rico 2028 LPR Term Loan 100% October 15, 2028 LIBOR + 3.75% $ 620.0 $ 500.0 2021 Liberty Puerto Rico LPR Revolving Credit Facility N/A March 15, 2027 LIBOR + 3.50% (c) N/A 2021 VTR 2029 VTR Senior Secured Notes 100% April 15, 2029 4.375% $ 410.0 $ 60.0 2021 VTR VTR RCF – A N/A June 15, 2026 TAB + 3.35% $ — N/A N/A – Not applicable. (a) The 2028 CWP Term Loan B is unfunded as of March 31, 2022, restricted for use to fund the Claro Panama Acquisition and is subject to certain ticking fees until the Claro Panama Acquisition closing date. (b) The CWP Revolving Credit Facility has a fee on unused commitments of 0.50%. (c) Total commitments under the LPR Revolving Credit Facility were increased by $43 million. During the three months ended March 31, 2022 and 2021, we made repayments on the following debt instruments, including activity related to the Chile JV Entities: Principal amount repaid Period Borrowing group Instrument Redemption price Borrowing currency USD equivalent (a) Non-cash component Loss on debt extinguishment in millions 2022 C&W CWP Credit Facilities 100% $ 272.9 $ 272.9 $ 272.9 $ — 2021 Liberty Puerto Rico 2026 SPV Credit Facility 100% $ 1,000.0 $ 1,000.0 $ 1,000.0 $ 14.3 2021 VTR 2028 VTR Senior Secured Notes 103% $ 60.0 $ 60.0 $ 60.0 $ 2.1 2021 VTR VTR TLB-1 Facility 100% CLP 140,900.0 $ 196.4 $ — $ 5.6 2021 VTR VTR TLB-2 Facility 100% CLP 33,100.0 $ 46.1 $ — $ 1.3 (a) Translated at the transaction date, if applicable. Maturities of Debt Maturities of our debt as of March 31, 2022 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 March 31, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents based on March 31, 2022 exchange rates: C&W Liberty Puerto Rico Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2022 (remainder of year) $ 79.8 $ — $ — $ 0.5 $ 80.3 2023 38.2 — — 0.6 38.8 2024 64.1 — 404.1 402.7 870.9 2025 1.7 — — — 1.7 2026 0.6 — — — 0.6 2027 1,715.5 1,161.0 — — 2,876.5 Thereafter 2,386.8 1,440.0 — — 3,826.8 Total debt maturities 4,286.7 2,601.0 404.1 403.8 7,695.6 Premiums, discounts and deferred financing costs, net (32.7) (32.8) (7.5) (40.6) (113.6) Total debt $ 4,254.0 $ 2,568.2 $ 396.6 $ 363.2 $ 7,582.0 Current portion $ 115.9 $ — $ — $ 0.5 $ 116.4 Noncurrent portion $ 4,138.1 $ 2,568.2 $ 396.6 $ 362.7 $ 7,465.6 (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

Leases	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	Leases The following table provides details of our operating lease expense: Three months ended March 31, 2022 2021 in millions Operating lease expense: Operating lease cost $ 27.3 $ 21.9 Short-term lease cost 5.9 4.0 Total operating lease expense $ 33.2 $ 25.9 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: March 31, 2022 December 31, in millions Operating lease right-of-use assets $ 427.3 $ 441.0 Operating lease liabilities: Current $ 78.8 $ 82.0 Noncurrent 360.9 371.0 Total operating lease liabilities $ 439.7 $ 453.0 Weighted-average remaining lease term 7.4 years 7.5 years Weighted-average discount rate 6.5 % 6.2 % Three months ended March 31, 2022 2021 in millions Operating cash outflows related to operating leases $ 32.1 $ 20.3 Right-of-use assets obtained in exchange for new operating lease liabilities (a) $ 13.6 $ 10.3 (a) Represents non-cash transactions associated with operating leases entered into during the three months ended March 31, 2022 and 2021, respectively. 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 March 31, 2022 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 March 31, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents (in millions) based on March 31, 2022 exchange rates. Years ending December 31: 2022 (remainder of year) $ 69.6 2023 87.7 2024 78.1 2025 70.3 2026 60.5 2027 46.8 Thereafter 138.0 Total operating lease liabilities on an undiscounted basis 551.0 Present value discount (111.3) Present value of operating lease liabilities $ 439.7

Unfulfilled Performance Obligat

Unfulfilled Performance Obligations	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022, we have approximately $351 million of unfulfilled performance obligations relating to our long-term capacity contracts, primarily subsea contracts, that generally will be recognized as revenue over an average remaining life of six years.

Programming and Other Direct Co

Programming and Other Direct Costs of Services	3 Months Ended
	Mar. 31, 2022
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, equipment costs, which primarily relate to 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 March 31, 2022 2021 in millions Programming and copyright $ 109.3 $ 111.8 Interconnect 85.7 80.6 Equipment and other (a) 107.2 91.3 Total programming and other direct costs of services $ 302.2 $ 283.7 (a) Amounts for the three months ended March 31, 2022 and 2021 include $85 million and $72 million, respectively, related to equipment cost of goods sold.

Other Operating Costs and Expen

Other Operating Costs and Expenses	3 Months Ended
	Mar. 31, 2022
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, and 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, vehicle-related, 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) certain bonus-related expenses that are paid in the form of equity. Our other operating costs and expenses by major category are set forth below: Three months ended March 31, 2022 2021 in millions Personnel and contract labor $ 153.2 $ 138.4 Network-related 82.6 79.0 Service-related 51.2 47.5 Commercial 65.5 52.4 Facility, provision, franchise and other 123.8 114.9 Share-based compensation expense 30.0 23.0 Total other operating costs and expenses $ 506.3 $ 455.2

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
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 expense was $24 million and $30 million during the three months ended March 31, 2022 and 2021, respectively. This represents an effective income tax rate of (20.1%) and (24.5%) for the three months ended March 31, 2022 and 2021, respectively, including items treated discretely. For the three months ended March 31, 2022, the income tax expense attributable to our earnings before income taxes differs from the amounts computed using the statutory tax rate, primarily due to the net detrimental effects of international rate differences, increases in valuation allowances, and negative effects of permanent tax differences, such as non-deductible expenses. 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 March 31, 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 the net detrimental effects of international rate differences, increases in valuation allowances, changes in uncertain tax positions, and negative effects of permanent tax differences, such as non-deductible expenses. These negative impacts to our effective tax rate were partially offset by the beneficial effects of permanent tax differences, such as non-taxable income.

Earnings or Loss Per Share

Earnings or Loss Per Share	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022 2021 Weighted average shares outstanding: Basic 228,274,215 232,410,514 Diluted 249,501,352 252,970,163 We reported net earnings attributable to Liberty Latin America shareholders during the three months ended March 31, 2022 and 2021, respectively. The details of the calculations of our basic and diluted EPS for the three months ended March 31, 2022 and 2021 are set forth below in millions, except for share amounts: Three months ended March 31, 2022 2021 Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation) $ 83.6 $ 89.1 Add back: interest expense and amortization of deferred financing costs and premiums associated with Convertible Notes (if-converted method) 6.1 5.9 Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation) $ 89.7 $ 95.0 Denominator: Weighted average shares (basic EPS computation) 228,274,215 232,410,514 Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) 1,733,458 1,065,970 Number of shares issuable under our Convertible Notes (if-converted method) (a) 19,493,679 19,493,679 Weighted average shares (diluted EPS computation) (b) (c) 249,501,352 252,970,163 (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) For the 2022 period, we have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, and RSUs of 30.6 million, and (ii) the aggregate number of shares issuable pursuant to outstanding PSARs of 8.2 million, because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSARs, because such awards had not yet met the applicable performance criteria. (c) For the 2021 period, we have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs and RSUs of 17.6 million, and (ii) the aggregate number of shares issuable pursuant to outstanding PSUs of 2.0 million 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.

Equity

Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Equity	Equity Share Repurchase Programs On March 16, 2020, our Directors approved the 2020 Share Repurchase Program, which authorized 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. On February 22, 2022, our Directors approved the 2022 Share Repurchase Program. This program authorizes us to repurchase from time to time up to an additional $200 million of our Class A common shares and/or Class C common shares through December 2024. The 2022 Share Repurchase Program does not obligate us to repurchase any of our Class A or C common shares. Under the 2022 Share Repurchase Program, we may repurchase our common shares 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 three months ended March 31, 2022, we repurchased 1,884,500 and 3,524,000 Class A and Class C common shares, respectively, under the Share Repurchase Programs. We did not repurchase any shares during the three months ended March 31, 2021. At March 31, 2022, the remaining amount authorized for share repurchases under the 2022 Share Repurchase Program was $170 million.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
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. 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	3 Months Ended
	Mar. 31, 2022
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, which derive revenue from mobile handset insurance services. We generally identify our reportable segments as those operating segments that represent 10% or more of our revenue, Adjusted OIBDA or total assets. As of March 31, 2022, our reportable segments are as follows: • C&W Caribbean and Networks; • C&W Panama; • Liberty Puerto Rico; • VTR; and • 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 and to earnings 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 (i) certain subsidiaries of (a) C&W and (b) Liberty Puerto Rico, and (ii) Costa Rica are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Revenue Three months ended March 31, 2022 2021 in millions C&W Caribbean and Networks $ 444.9 $ 429.8 C&W Panama 127.2 127.3 Liberty Puerto Rico 369.3 361.3 VTR 170.8 210.3 Costa Rica 107.4 36.2 Corporate 5.6 5.4 Intersegment eliminations (6.5) (5.1) Total $ 1,218.7 $ 1,165.2 Adjusted OIBDA Three months ended March 31, 2022 2021 in millions C&W Caribbean and Networks $ 192.5 $ 181.3 C&W Panama 40.5 44.0 Liberty Puerto Rico 144.3 149.9 VTR 46.5 70.5 Costa Rica 30.2 14.1 Corporate (13.8) (10.5) Total $ 440.2 $ 449.3 The following table provides a reconciliation of total Adjusted OIBDA to operating income and to earnings before income taxes: Three months ended March 31, 2022 2021 in millions Total Adjusted OIBDA $ 440.2 $ 449.3 Share-based compensation expense (30.0) (23.0) Depreciation and amortization (214.1) (243.1) Impairment, restructuring and other operating items, net (7.8) (2.2) Operating income 188.3 181.0 Interest expense (129.7) (126.4) Realized and unrealized gains (losses) on derivative instruments, net (33.7) 114.9 Foreign currency transaction gains (losses), net 96.6 (25.4) Losses on debt extinguishment — (23.3) Other expense, net (4.8) (0.6) Earnings before income taxes $ 116.7 $ 120.2 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. Three months ended March 31, 2022 2021 in millions C&W Caribbean and Networks $ 51.6 $ 49.6 C&W Panama 15.0 10.7 Liberty Puerto Rico 44.5 33.7 VTR 44.7 46.7 Costa Rica 9.9 7.3 Corporate 9.7 4.4 Total property and equipment additions 175.4 152.4 Assets acquired under capital-related vendor financing arrangements (31.9) (18.8) Changes in current liabilities related to capital expenditures 21.2 2.0 Total capital expenditures $ 164.7 $ 135.6 Revenue by Major Category Our revenue by major category for our reportable segments is set forth in the tables 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 March 31, 2022 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 32.6 $ 7.1 $ 39.7 $ 65.9 $ 17.3 $ — $ — $ 162.6 Broadband internet 70.6 12.4 68.9 65.8 16.3 — — 234.0 Fixed-line telephony 18.5 4.2 7.2 17.9 1.1 — — 48.9 Total subscription revenue 121.7 23.7 115.8 149.6 34.7 — — 445.5 Non-subscription revenue 9.1 2.2 5.4 3.1 0.8 — — 20.6 Total residential fixed revenue 130.8 25.9 121.2 152.7 35.5 — — 466.1 Residential mobile revenue: Service revenue 76.5 43.0 116.8 9.3 46.2 — — 291.8 Interconnect, inbound roaming, equipment sales and other (a) 14.5 10.4 63.2 1.1 16.5 5.6 — 111.3 Total residential mobile revenue 91.0 53.4 180.0 10.4 62.7 5.6 — 403.1 Total residential revenue 221.8 79.3 301.2 163.1 98.2 5.6 — 869.2 B2B revenue: Service revenue (b) 158.2 47.9 57.8 7.7 9.2 — (1.7) 279.1 Subsea network revenue 64.9 — — — — — (4.8) 60.1 Total B2B revenue 223.1 47.9 57.8 7.7 9.2 — (6.5) 339.2 Other revenue — — 10.3 — — — — 10.3 Total $ 444.9 $ 127.2 $ 369.3 $ 170.8 $ 107.4 $ 5.6 $ (6.5) $ 1,218.7 (a) The total amount includes $26 million of inbound roaming revenue and $59 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $5 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Three months ended March 31, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 34.3 $ 6.2 $ 38.6 $ 78.3 $ 19.5 $ — $ — $ 176.9 Broadband internet 66.6 10.7 61.4 84.8 14.0 — — 237.5 Fixed-line telephony 16.5 4.3 7.0 20.0 1.1 — — 48.9 Total subscription revenue 117.4 21.2 107.0 183.1 34.6 — — 463.3 Non-subscription revenue 8.5 2.5 4.2 3.4 1.6 — — 20.2 Total residential fixed revenue 125.9 23.7 111.2 186.5 36.2 — — 483.5 Residential mobile revenue: Service revenue 71.8 44.6 116.5 13.2 — — — 246.1 Interconnect, inbound roaming, equipment sales and other (a) 13.6 10.3 73.0 2.3 — 5.4 — 104.6 Total residential mobile revenue 85.4 54.9 189.5 15.5 — 5.4 — 350.7 Total residential revenue 211.3 78.6 300.7 202.0 36.2 5.4 — 834.2 B2B revenue: Service revenue (b) 150.8 48.7 52.1 8.3 — — (1.1) 258.8 Subsea network revenue 67.7 — — — — — (4.0) 63.7 Total B2B revenue 218.5 48.7 52.1 8.3 — — (5.1) 322.5 Other revenue — — 8.5 — — — — 8.5 Total $ 429.8 $ 127.3 $ 361.3 $ 210.3 $ 36.2 $ 5.4 $ (5.1) $ 1,165.2 (a) The total amount includes $25 million of inbound roaming revenue and $57 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $3 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Revenue by Geographic Market The revenue from third-party customers for each of our geographic markets is set forth in the table below. Three months ended March 31, 2022 2021 in millions Puerto Rico $ 356.6 $ 347.3 Chile 170.8 210.3 Panama 126.4 126.7 Jamaica 104.8 97.3 Networks & LatAm (a) 88.5 90.4 Costa Rica 107.2 36.2 The Bahamas 47.7 45.0 Trinidad and Tobago 40.6 39.7 Barbados 36.5 33.9 Curacao 33.1 34.3 Other (b) 106.5 104.1 Total $ 1,218.7 $ 1,165.2 (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)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes 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. We adopted ASU 2020-06 effective January 1, 2022 and it did not have a material impact on 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 . 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. In March 2021, LIBOR’s regulator announced that certain tenors of USD LIBOR will continue to be published through June 30, 2023. We do not currently expect that the phase out of LIBOR will have a material impact on our condensed consolidated financial statements.

Current Expected Credit Losses

Current Expected Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Accounts Receivable, Allowance for Credit Loss	The changes in our allowance for expected credit losses associated with trade receivables are set forth below: Three months ended March 31, 2022 2021 in millions Balance at beginning of period $ 80.3 $ 100.0 Provision for expected losses 17.3 12.3 Write-offs (6.9) (13.5) Foreign currency translation adjustments and other 2.1 (3.9) Balance at end of period $ 92.8 $ 94.9 The changes in our allowance for expected credit losses associated with our current and long-term notes receivables are set forth below: Three months ended March 31, 2022 2021 in millions Balance at beginning of period $ 32.3 $ 16.2 Provision for expected losses 1.6 1.9 Foreign currency translation adjustments and other (0.5) — Balance at end of period $ 33.4 $ 18.1

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Purchase Price Allocation	A summary of the purchase price and the preliminary opening balance sheet of Telefónica Costa Rica at the August 9, 2021 acquisition date is presented in the following table (in millions): Current assets (a) $ 74.7 Goodwill (b) 250.8 Property and equipment 148.8 Intangible assets subject to amortization (c) 131.9 Other assets (d) 170.7 Current liabilities (e) (88.6) Long-term liabilities (f) (163.2) Total purchase price $ 525.1 (a) Primarily consists of trade receivables, notes receivables related to EIP 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 7 years and 25 years, respectively. (d) Other assets primarily consist of the long-term portion of note receivables related to EIP receivables and operating lease right-of-use assets. (e) Primarily consists of accounts payable and the current portion of operating lease obligations.
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 March 31, 2021 in millions Revenue $ 1,233.0 Net earnings attributable to Liberty Latin America shareholders $ 86.7

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
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: March 31, 2022 December 31, 2021 Current (a) Long-term (a) Total Current (a) Long-term (a) Total in millions Assets (b): Cross-currency and interest rate derivative contracts (c) $ 10.6 $ 128.8 $ 139.4 $ 15.1 $ 25.3 $ 40.4 Foreign currency forward contracts 3.2 — 3.2 0.1 — 0.1 Total $ 13.8 $ 128.8 $ 142.6 $ 15.2 $ 25.3 $ 40.5 Liabilities (b): Cross-currency and interest rate derivative contracts (c) $ 11.4 $ 22.8 $ 34.2 $ 33.3 $ 62.1 $ 95.4 Foreign currency forward contracts — — — 5.8 — 5.8 Total $ 11.4 $ 22.8 $ 34.2 $ 39.1 $ 62.1 $ 101.2 (a) Our current derivative assets, long-term derivative assets, current derivative liabilities and long-term derivative liabilities are included in other current assets, net, other assets, net, other accrued and current liabilities 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 condensed consolidated balance sheets. 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, in our condensed consolidated statements of operations. For further information regarding our fair value measurements, see note 6.
Schedule of Realized and Unrealized Gains (Losses) on Derivative Instruments, Net	The details of our realized and unrealized gains (losses) on derivative instruments, net, are as follows: Three months ended March 31, 2022 2021 in millions Cross-currency and interest rate derivative contracts (a) $ (17.6) $ 119.5 Foreign currency forward contracts (8.3) 0.7 Weather Derivatives (7.8) (5.3) Total $ (33.7) $ 114.9 (a) Changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net losses of $5 million and $21 million during the three months ended March 31, 2022 and 2021, respectively. Included in these amounts are net gains (losses) of $2 million and ($4 million), respectively, related to the Chile JV Entities.
Schedule of Classification of the Net Cash Inflows (Outflows) of Our Derivative Instruments	The following table sets forth the classification of the net cash outflows of our derivative instruments: Three months ended March 31, 2022 2021 in millions Operating activities $ (1.4) $ (23.8) Investing activities 1.2 (0.7) Financing activities (a) — (43.0) Total $ (0.2) $ (67.5) (a) The 2021 amount is 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. 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 March 31, 2022: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,690.0 5.1 Liberty Puerto Rico $ 500.0 6.5 Costa Rica (b) $ 276.7 1.8 (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 $ 2,100.0 1.3 Liberty Puerto Rico $ 620.0 1.3 Notional amount due from counterparty Notional amount due Weighted average remaining life in millions in years LLA UK Holding Limited (a) CLP 73,000.0 $ 88.1 0.5 Costa Rica borrowing group $ 59.1 CRC 38,727.8 0.3 (a) Represents a foreign currency forward contract entered into in connection with the Chile JV transaction, as discussed further in note 8.

Long-lived Assets (Tables)

Long-lived Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Changes in the carrying amount of our goodwill are set forth below: January 1, Acquisitions Foreign March 31, in millions C&W Caribbean and Networks $ 2,433.9 $ — $ 4.3 $ 2,438.2 C&W Panama 617.1 — — 617.1 Liberty Puerto Rico 498.3 0.4 — 498.7 Costa Rica 398.7 (11.2) (13.9) 373.6 Total $ 3,948.0 $ (10.8) $ (9.6) $ 3,927.6
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: March 31, December 31, in millions Distribution systems $ 4,342.1 $ 4,208.8 CPE 928.5 893.7 Support equipment, buildings and land 1,586.9 1,641.6 6,857.5 6,744.1 Accumulated depreciation (2,721.1) (2,575.7) Total $ 4,136.4 $ 4,168.4
Schedule of Intangible Assets Not Subject to Amortization	The details of our intangible assets not subject to amortization are set forth below: March 31, December 31, in millions Spectrum licenses $ 1,051.0 $ 1,050.9 Cable television franchise rights 540.0 540.0 Other 1.8 1.5 Total intangible assets not subject to amortization $ 1,592.8 $ 1,592.4
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: March 31, December 31, in millions Gross carrying amount: Customer relationships $ 1,523.9 $ 1,527.6 Licenses and other 215.0 220.2 Total gross carrying amount 1,738.9 1,747.8 Accumulated amortization (1,004.3) (959.2) Net carrying amount $ 734.6 $ 788.6

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022 are summarized below (in millions): March 31, December 31, in millions Assets: Cash and cash equivalents (a) $ 66.8 $ 109.7 Other current assets, net (b) 127.0 132.6 Property and equipment, net 789.8 686.0 Goodwill 339.6 313.0 Other assets, net (b) 165.5 327.4 Total assets $ 1,488.7 $ 1,568.7 Liabilities: Current portion of debt $ 89.1 $ 82.2 Other accrued and current liabilities (c) 300.5 294.2 Long-term debt 1,416.9 1,416.8 Other long-term liabilities (c) 55.5 60.9 Total liabilities $ 1,862.0 $ 1,854.1 (a) Amounts exclude certain cash and cash equivalent balances of the Chile JV Entities that Liberty Latin America is able to retain upon the formation of the Chile JV and are therefore not classified as held for sale. (b) Other current assets, net includes $11 million and $27 million, respectively, and other assets, net, includes $119 million and $277 million, respectively, related to derivative assets. (c) Other accrued and current liabilities includes $23 million and $16 million, respectively, and other long-term liabilities includes $2 million at each period related to derivative liabilities.

Debt and Finance Lease Obliga_2

Debt and Finance Lease Obligations (Tables)	3 Months Ended
	Mar. 31, 2022
Debt and Lease Obligation [Abstract]
Schedule of Debt	The U.S. dollar equivalents of the components of our debt are as follows: March 31, 2022 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent March 31, December 31, 2021 March 31, December 31, 2021 in millions Convertible Notes (d) 2.00 % — $ — $ 368.9 $ 396.5 $ 402.5 $ 402.5 C&W Notes 6.55 % — — 1,707.8 1,774.3 1,715.0 1,715.0 C&W Credit Facilities 3.12 % (e) 794.5 2,420.8 2,422.7 2,455.3 2,451.3 LPR Senior Secured Notes 6.08 % — — 1,975.1 2,058.1 1,981.0 1,981.0 LPR Credit Facilities 4.15 % $ 172.5 172.5 616.9 623.1 620.0 620.0 Costa Rica Credit Facilities (f) 7.23 % $ 7.0 7.0 400.0 407.1 404.1 408.7 Vendor financing (g) 2.99 % — — 117.7 99.8 117.7 99.8 Total debt before premiums, discounts and deferred financing costs 4.88 % $ 974.0 $ 7,607.2 $ 7,781.6 $ 7,695.6 $ 7,678.3 The following table provides a reconciliation of total debt before premiums, discounts and deferred financing costs to total debt and finance lease obligations: March 31, December 31, 2021 in millions Total debt before premiums, discounts and deferred financing costs $ 7,695.6 $ 7,678.3 Premiums, discounts and deferred financing costs, net (113.6) (120.0) Total carrying amount of debt 7,582.0 7,558.3 Finance lease obligations 11.8 7.6 Total debt and finance lease obligations 7,593.8 7,565.9 Less: Current maturities of debt and finance lease obligations (117.8) (106.3) Long-term debt and finance lease obligations $ 7,476.0 $ 7,459.6 (a) Represents the weighted average interest rate in effect at March 31, 2022 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 March 31, 2022 without regard to covenant compliance calculations or other conditions precedent to borrowing. At March 31, 2022, 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 March 31, 2022 compliance reporting requirements. At March 31, 2022, 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, other than VTR’s that is limited to approximately CLP 81 billion ($103 million) under the terms of the 2028 VTR Senior Notes indenture. (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 March 31, 2022, the carrying value of the Convertible Notes was $362 million and the unamortized debt discount on the Convertible Notes was $39 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar and Trinidad & Tobago dollar revolving credit facilities. (f) The Costa Rica Credit Facilities comprise certain Costa Rican colón and U.S. dollar term loans and a U.S. dollar revolving credit facility. (g) 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 $32 million and $26 million for the three months ended March 31, 2022 and 2021, 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	Period Borrowing group Instrument Issued at Maturity Interest rate Principal amount borrowed Non-cash component in millions 2022 C&W 2028 CWP Term Loan A 100% January 18, 2028 4.25% $ 275.0 $ 272.9 2022 C&W 2028 CWP Term Loan B (a) 100% January 18, 2028 4.25% $ — $ — 2022 C&W CWP Revolving Credit Facility (b) 100% January 18, 2027 3.75% $ — N/A 2021 Liberty Puerto Rico 2029 LPR Senior Secured Notes 100% July 15, 2029 5.125% $ 820.0 $ 500.0 2021 Liberty Puerto Rico 2028 LPR Term Loan 100% October 15, 2028 LIBOR + 3.75% $ 620.0 $ 500.0 2021 Liberty Puerto Rico LPR Revolving Credit Facility N/A March 15, 2027 LIBOR + 3.50% (c) N/A 2021 VTR 2029 VTR Senior Secured Notes 100% April 15, 2029 4.375% $ 410.0 $ 60.0 2021 VTR VTR RCF – A N/A June 15, 2026 TAB + 3.35% $ — N/A N/A – Not applicable. (a) The 2028 CWP Term Loan B is unfunded as of March 31, 2022, restricted for use to fund the Claro Panama Acquisition and is subject to certain ticking fees until the Claro Panama Acquisition closing date. (b) The CWP Revolving Credit Facility has a fee on unused commitments of 0.50%. (c) Total commitments under the LPR Revolving Credit Facility were increased by $43 million. During the three months ended March 31, 2022 and 2021, we made repayments on the following debt instruments, including activity related to the Chile JV Entities: Principal amount repaid Period Borrowing group Instrument Redemption price Borrowing currency USD equivalent (a) Non-cash component Loss on debt extinguishment in millions 2022 C&W CWP Credit Facilities 100% $ 272.9 $ 272.9 $ 272.9 $ — 2021 Liberty Puerto Rico 2026 SPV Credit Facility 100% $ 1,000.0 $ 1,000.0 $ 1,000.0 $ 14.3 2021 VTR 2028 VTR Senior Secured Notes 103% $ 60.0 $ 60.0 $ 60.0 $ 2.1 2021 VTR VTR TLB-1 Facility 100% CLP 140,900.0 $ 196.4 $ — $ 5.6 2021 VTR VTR TLB-2 Facility 100% CLP 33,100.0 $ 46.1 $ — $ 1.3 (a) Translated at the transaction date, if applicable.
Schedule of Maturities of Debt	Maturities of our debt as of March 31, 2022 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 March 31, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents based on March 31, 2022 exchange rates: C&W Liberty Puerto Rico Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2022 (remainder of year) $ 79.8 $ — $ — $ 0.5 $ 80.3 2023 38.2 — — 0.6 38.8 2024 64.1 — 404.1 402.7 870.9 2025 1.7 — — — 1.7 2026 0.6 — — — 0.6 2027 1,715.5 1,161.0 — — 2,876.5 Thereafter 2,386.8 1,440.0 — — 3,826.8 Total debt maturities 4,286.7 2,601.0 404.1 403.8 7,695.6 Premiums, discounts and deferred financing costs, net (32.7) (32.8) (7.5) (40.6) (113.6) Total debt $ 4,254.0 $ 2,568.2 $ 396.6 $ 363.2 $ 7,582.0 Current portion $ 115.9 $ — $ — $ 0.5 $ 116.4 Noncurrent portion $ 4,138.1 $ 2,568.2 $ 396.6 $ 362.7 $ 7,465.6 (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)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Operating Lease Expense	The following table provides details of our operating lease expense: Three months ended March 31, 2022 2021 in millions Operating lease expense: Operating lease cost $ 27.3 $ 21.9 Short-term lease cost 5.9 4.0 Total operating lease expense $ 33.2 $ 25.9
Certain Other Details of Operating Leases Assets and Liabilities	Certain other details of our operating leases are set forth in the tables below: March 31, 2022 December 31, in millions Operating lease right-of-use assets $ 427.3 $ 441.0 Operating lease liabilities: Current $ 78.8 $ 82.0 Noncurrent 360.9 371.0 Total operating lease liabilities $ 439.7 $ 453.0 Weighted-average remaining lease term 7.4 years 7.5 years Weighted-average discount rate 6.5 % 6.2 % Three months ended March 31, 2022 2021 in millions Operating cash outflows related to operating leases $ 32.1 $ 20.3 Right-of-use assets obtained in exchange for new operating lease liabilities (a) $ 13.6 $ 10.3 (a) Represents non-cash transactions associated with operating leases entered into during the three months ended March 31, 2022 and 2021, respectively.
Maturities of Operating Lease Liabilities	Maturities of our operating lease liabilities as of March 31, 2022 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 March 31, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents (in millions) based on March 31, 2022 exchange rates. Years ending December 31: 2022 (remainder of year) $ 69.6 2023 87.7 2024 78.1 2025 70.3 2026 60.5 2027 46.8 Thereafter 138.0 Total operating lease liabilities on an undiscounted basis 551.0 Present value discount (111.3) Present value of operating lease liabilities $ 439.7

Programming and Other Direct _2

Programming and Other Direct Costs of Services (Tables)	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022 2021 in millions Programming and copyright $ 109.3 $ 111.8 Interconnect 85.7 80.6 Equipment and other (a) 107.2 91.3 Total programming and other direct costs of services $ 302.2 $ 283.7 (a) Amounts for the three months ended March 31, 2022 and 2021 include $85 million and $72 million, respectively, related to equipment cost of goods sold.

Other Operating Costs and Exp_2

Other Operating Costs and Expenses (Tables)	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022 2021 in millions Personnel and contract labor $ 153.2 $ 138.4 Network-related 82.6 79.0 Service-related 51.2 47.5 Commercial 65.5 52.4 Facility, provision, franchise and other 123.8 114.9 Share-based compensation expense 30.0 23.0 Total other operating costs and expenses $ 506.3 $ 455.2

Earnings or Loss Per Share (Tab

Earnings or Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
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 March 31, 2022 2021 Weighted average shares outstanding: Basic 228,274,215 232,410,514 Diluted 249,501,352 252,970,163
Schedule of Earnings Per Share	The details of the calculations of our basic and diluted EPS for the three months ended March 31, 2022 and 2021 are set forth below in millions, except for share amounts: Three months ended March 31, 2022 2021 Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation) $ 83.6 $ 89.1 Add back: interest expense and amortization of deferred financing costs and premiums associated with Convertible Notes (if-converted method) 6.1 5.9 Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation) $ 89.7 $ 95.0 Denominator: Weighted average shares (basic EPS computation) 228,274,215 232,410,514 Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) 1,733,458 1,065,970 Number of shares issuable under our Convertible Notes (if-converted method) (a) 19,493,679 19,493,679 Weighted average shares (diluted EPS computation) (b) (c) 249,501,352 252,970,163 (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) For the 2022 period, we have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, and RSUs of 30.6 million, and (ii) the aggregate number of shares issuable pursuant to outstanding PSARs of 8.2 million, because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSARs, because such awards had not yet met the applicable performance criteria. (c) For the 2021 period, we have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs and RSUs of 17.6 million, and (ii) the aggregate number of shares issuable pursuant to outstanding PSUs of 2.0 million 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.

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2022
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 (i) certain subsidiaries of (a) C&W and (b) Liberty Puerto Rico, and (ii) Costa Rica are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Revenue Three months ended March 31, 2022 2021 in millions C&W Caribbean and Networks $ 444.9 $ 429.8 C&W Panama 127.2 127.3 Liberty Puerto Rico 369.3 361.3 VTR 170.8 210.3 Costa Rica 107.4 36.2 Corporate 5.6 5.4 Intersegment eliminations (6.5) (5.1) Total $ 1,218.7 $ 1,165.2 Adjusted OIBDA Three months ended March 31, 2022 2021 in millions C&W Caribbean and Networks $ 192.5 $ 181.3 C&W Panama 40.5 44.0 Liberty Puerto Rico 144.3 149.9 VTR 46.5 70.5 Costa Rica 30.2 14.1 Corporate (13.8) (10.5) Total $ 440.2 $ 449.3
Reconciliation of Total Adjusted OIBDA to Earnings Before Income Taxes	The following table provides a reconciliation of total Adjusted OIBDA to operating income and to earnings before income taxes: Three months ended March 31, 2022 2021 in millions Total Adjusted OIBDA $ 440.2 $ 449.3 Share-based compensation expense (30.0) (23.0) Depreciation and amortization (214.1) (243.1) Impairment, restructuring and other operating items, net (7.8) (2.2) Operating income 188.3 181.0 Interest expense (129.7) (126.4) Realized and unrealized gains (losses) on derivative instruments, net (33.7) 114.9 Foreign currency transaction gains (losses), net 96.6 (25.4) Losses on debt extinguishment — (23.3) Other expense, net (4.8) (0.6) Earnings before income taxes $ 116.7 $ 120.2
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. Three months ended March 31, 2022 2021 in millions C&W Caribbean and Networks $ 51.6 $ 49.6 C&W Panama 15.0 10.7 Liberty Puerto Rico 44.5 33.7 VTR 44.7 46.7 Costa Rica 9.9 7.3 Corporate 9.7 4.4 Total property and equipment additions 175.4 152.4 Assets acquired under capital-related vendor financing arrangements (31.9) (18.8) Changes in current liabilities related to capital expenditures 21.2 2.0 Total capital expenditures $ 164.7 $ 135.6
Revenue by Major Category	Three months ended March 31, 2022 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 32.6 $ 7.1 $ 39.7 $ 65.9 $ 17.3 $ — $ — $ 162.6 Broadband internet 70.6 12.4 68.9 65.8 16.3 — — 234.0 Fixed-line telephony 18.5 4.2 7.2 17.9 1.1 — — 48.9 Total subscription revenue 121.7 23.7 115.8 149.6 34.7 — — 445.5 Non-subscription revenue 9.1 2.2 5.4 3.1 0.8 — — 20.6 Total residential fixed revenue 130.8 25.9 121.2 152.7 35.5 — — 466.1 Residential mobile revenue: Service revenue 76.5 43.0 116.8 9.3 46.2 — — 291.8 Interconnect, inbound roaming, equipment sales and other (a) 14.5 10.4 63.2 1.1 16.5 5.6 — 111.3 Total residential mobile revenue 91.0 53.4 180.0 10.4 62.7 5.6 — 403.1 Total residential revenue 221.8 79.3 301.2 163.1 98.2 5.6 — 869.2 B2B revenue: Service revenue (b) 158.2 47.9 57.8 7.7 9.2 — (1.7) 279.1 Subsea network revenue 64.9 — — — — — (4.8) 60.1 Total B2B revenue 223.1 47.9 57.8 7.7 9.2 — (6.5) 339.2 Other revenue — — 10.3 — — — — 10.3 Total $ 444.9 $ 127.2 $ 369.3 $ 170.8 $ 107.4 $ 5.6 $ (6.5) $ 1,218.7 (a) The total amount includes $26 million of inbound roaming revenue and $59 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $5 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Three months ended March 31, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue: Video $ 34.3 $ 6.2 $ 38.6 $ 78.3 $ 19.5 $ — $ — $ 176.9 Broadband internet 66.6 10.7 61.4 84.8 14.0 — — 237.5 Fixed-line telephony 16.5 4.3 7.0 20.0 1.1 — — 48.9 Total subscription revenue 117.4 21.2 107.0 183.1 34.6 — — 463.3 Non-subscription revenue 8.5 2.5 4.2 3.4 1.6 — — 20.2 Total residential fixed revenue 125.9 23.7 111.2 186.5 36.2 — — 483.5 Residential mobile revenue: Service revenue 71.8 44.6 116.5 13.2 — — — 246.1 Interconnect, inbound roaming, equipment sales and other (a) 13.6 10.3 73.0 2.3 — 5.4 — 104.6 Total residential mobile revenue 85.4 54.9 189.5 15.5 — 5.4 — 350.7 Total residential revenue 211.3 78.6 300.7 202.0 36.2 5.4 — 834.2 B2B revenue: Service revenue (b) 150.8 48.7 52.1 8.3 — — (1.1) 258.8 Subsea network revenue 67.7 — — — — — (4.0) 63.7 Total B2B revenue 218.5 48.7 52.1 8.3 — — (5.1) 322.5 Other revenue — — 8.5 — — — — 8.5 Total $ 429.8 $ 127.3 $ 361.3 $ 210.3 $ 36.2 $ 5.4 $ (5.1) $ 1,165.2 (a) The total amount includes $25 million of inbound roaming revenue and $57 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $3 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 each of our geographic markets is set forth in the table below. Three months ended March 31, 2022 2021 in millions Puerto Rico $ 356.6 $ 347.3 Chile 170.8 210.3 Panama 126.4 126.7 Jamaica 104.8 97.3 Networks & LatAm (a) 88.5 90.4 Costa Rica 107.2 36.2 The Bahamas 47.7 45.0 Trinidad and Tobago 40.6 39.7 Barbados 36.5 33.9 Curacao 33.1 34.3 Other (b) 106.5 104.1 Total $ 1,218.7 $ 1,165.2 (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)	Mar. 31, 2022countrymarket
Residential and Business-to-Business Services
Basis of Presentation [Line Items]
Number of countries in which entity provides services | country	20
Wholesale Communication Services | C&W
Basis of Presentation [Line Items]
Number of markets | market	40

Current Expected Credit Losse_2

Current Expected Credit Losses - Changes in Allowance for Credit Loss (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 80.3	$ 100
Provision for expected losses	17.3	12.3
Write-offs	(6.9)	(13.5)
Foreign currency translation adjustments and other	2.1	(3.9)
Balance at end of period	$ 92.8	$ 94.9

Current Expected Credit Losse_3

Current Expected Credit Losses - Changes in Notes Receivable Allowance For Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 32.3	$ 16.2
Provision for expected losses	1.6	1.9
Foreign currency translation adjustments and other	(0.5)	0
Balance at end of period	$ 33.4	$ 18.1

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2021	Aug. 09, 2021	Jul. 30, 2020	Jun. 30, 2022	Mar. 31, 2022
America Movil | Forecast
Business Acquisition [Line Items]
Enterprise value				$ 200
Telefónica S.A. Acquisition
Business Acquisition [Line Items]
Enterprise value			$ 500
Capital contribution from noncontrolling interest owner		$ 47
Reduction in total consideration paid					$ 12
Business combination, consideration received after purchase price adjustments					$ 8
Telefónica S.A. Acquisition | Forecast
Business Acquisition [Line Items]
Business combination, consideration received after purchase price adjustments				$ 4
Broadband VI, LLC Acquisition
Business Acquisition [Line Items]
Enterprise value	$ 33
Percentage of interests acquired	96.00%

Acquisitions - Preliminary Open

Acquisitions - Preliminary Opening Balance Sheet (Details) - USD ($) $ in Millions	Aug. 09, 2021	Mar. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill		$ 3,927.6	$ 3,948
Telefónica S.A. Acquisition
Business Acquisition [Line Items]
Current assets	$ 74.7
Goodwill	250.8
Property and equipment	148.8
Intangible assets subject to amortization	131.9
Other assets	170.7
Current liabilities	(88.6)
Long-term liabilities	(163.2)
Total purchase price	$ 525.1
Telefónica S.A. Acquisition | Customer relationships
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets	7 years
Telefónica S.A. Acquisition | Spectrum licenses
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets	25 years

Acquisitions - Pro Forma Inform

Acquisitions - Pro Forma Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)
Business Combination and Asset Acquisition [Abstract]
Revenue	$ 1,233
Net earnings attributable to Liberty Latin America shareholders	$ 86.7

Derivative Instruments - Fair V

Derivative Instruments - Fair Values of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets:
Current	$ 13.8	$ 15.2
Long-term	128.8	25.3
Total	142.6	40.5
Liabilities:
Current	11.4	39.1
Long-term	22.8	62.1
Total	34.2	101.2
Cross-currency and interest rate derivative contracts
Assets:
Current	10.6	15.1
Long-term	128.8	25.3
Total	139.4	40.4
Liabilities:
Current	11.4	33.3
Long-term	22.8	62.1
Total	34.2	95.4
Foreign currency forward contracts
Assets:
Current	3.2	0.1
Long-term	0	0
Total	3.2	0.1
Liabilities:
Current	0	5.8
Long-term	0	0
Total	$ 0	$ 5.8

Derivative Instruments - Realiz

Derivative Instruments - Realized and Unrealized Gains on Derivatives (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ (33.7)	$ 114.9
Cross-currency and interest rate derivative contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(17.6)	119.5
Foreign currency forward contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(8.3)	0.7
Weather Derivatives
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(7.8)	(5.3)
Cross currency interest rate contract - credit risk valuation adjustments
Derivative [Line Items]
Gain (loss) on credit risk derivatives	(5)	(21)
Cross currency interest rate contract - credit risk valuation adjustments | Chile JV
Derivative [Line Items]
Gain (loss) on credit risk derivatives	$ 2	$ (4)

Derivative Instruments - Net Ca

Derivative Instruments - Net Cash Received (Paid) Related to Derivatives (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative [Line Items]
Operating activities	$ (1.4)	$ (23.8)
Investing activities	1.2	(0.7)
Financing activities	0	(43)
Total	$ (0.2)	(67.5)
Interest Rate Swap | VTR
Derivative [Line Items]
Financing activities		(11)
Interest Rate Swap | Liberty Puerto Rico
Derivative [Line Items]
Financing activities		$ (32)

Derivative Instruments - Counte

Derivative Instruments - Counterparty Credit Risk (Details) $ in Millions	Mar. 31, 2022USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Exposure to counterparty credit risk	$ 108

Derivative Instruments - Cross-

Derivative Instruments - Cross-currency Derivative Contracts (Details) - 3 months ended Mar. 31, 2022 - 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 3 months 18 days

Derivative Instruments - Intere

Derivative Instruments - Interest Rate Derivative Contracts (Details) ₡ in Millions, $ in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2022CLP ($)	Mar. 31, 2022CRC (₡)
Interest Rate Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 2,690
Weighted average remaining life	5 years 1 month 6 days
Derivative floor interest rate	0.00%	0.00%	0.00%
Interest Rate Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 500
Weighted average remaining life	6 years 6 months
Interest Rate Swap | Costa Rica
Derivative [Line Items]
Notional amount of derivative	$ 276.7
Weighted average remaining life	1 year 9 months 18 days
Derivative floor interest rate	0.75%	0.75%	0.75%
Basis Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 2,100
Weighted average remaining life	1 year 3 months 18 days
Basis Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 620
Weighted average remaining life	1 year 3 months 18 days
Foreign currency forward contracts | Costa Rica
Derivative [Line Items]
Notional amount of derivative	$ 59.1
Foreign currency forward contracts | LLA UK Holding Limited
Derivative [Line Items]
Notional amount of derivative	$ 88.1	$ 73,000
Weighted average remaining life	6 months
Foreign currency forward contracts | Costa Rice Borrowing Group
Derivative [Line Items]
Notional amount of derivative | ₡			₡ 38,727.8
Weighted average remaining life	3 months 18 days

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Interest Rate Floor
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 620
Weighted average remaining life	6 years 6 months
Interest Rate Cap
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 120
Weighted average remaining life	6 years 6 months

Long-lived Assets - Goodwill (D

Long-lived Assets - Goodwill (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Beginning balance	$ 3,948
Acquisitions and related adjustments	(10.8)
Foreign currency translation adjustments and other	(9.6)
Ending balance	3,927.6
Accumulated goodwill impairments	2,229	$ 2,229
C&W Caribbean and Networks
Goodwill [Roll Forward]
Beginning balance	2,433.9
Acquisitions and related adjustments	0
Foreign currency translation adjustments and other	4.3
Ending balance	2,438.2
C&W Panama
Goodwill [Roll Forward]
Beginning balance	617.1
Acquisitions and related adjustments	0
Foreign currency translation adjustments and other	0
Ending balance	617.1
Liberty Puerto Rico
Goodwill [Roll Forward]
Beginning balance	498.3
Acquisitions and related adjustments	0.4
Foreign currency translation adjustments and other	0
Ending balance	498.7
Costa Rica
Goodwill [Roll Forward]
Beginning balance	398.7
Acquisitions and related adjustments	(11.2)
Foreign currency translation adjustments and other	(13.9)
Ending balance	$ 373.6

Long-lived Assets - Property an

Long-lived Assets - Property and Equipment, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 6,857.5		$ 6,744.1
Accumulated depreciation	(2,721.1)		(2,575.7)
Total	4,136.4		4,168.4
Non-cash increases related to vendor financing arrangements	31.9	$ 18.8
Distribution systems
Property, Plant and Equipment [Line Items]
Property and equipment, gross	4,342.1		4,208.8
CPE
Property, Plant and Equipment [Line Items]
Property and equipment, gross	928.5		893.7
Support equipment, buildings and land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,586.9		$ 1,641.6

Long-lived Assets - Intangible

Long-lived Assets - Intangible Assets Not Subject to Amortization (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	$ 1,592.8	$ 1,592.4
Spectrum licenses
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	1,051	1,050.9
Cable television franchise rights
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	540	540
Other
Indefinite-lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	$ 1.8	$ 1.5

Long-lived Assets - Intangibl_2

Long-lived Assets - Intangible Assets Subject to Amortization, Net (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Statement [Line Items]
Gross carrying amount	$ 1,738.9	$ 1,747.8
Accumulated amortization	(1,004.3)	(959.2)
Net carrying amount	734.6	788.6
Customer relationships
Statement [Line Items]
Gross carrying amount	1,523.9	1,527.6
Licenses and other
Statement [Line Items]
Gross carrying amount	$ 215	$ 220.2

Assets Held for Sale - Narrativ

Assets Held for Sale - Narrative (Details) $ in Millions, $ in Billions	Sep. 29, 2021CLP ($)	Sep. 29, 2021USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss before income taxes			$ 116.7	$ 120.2
Chile JV
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest percentage	50.00%	50.00%
Loss before income taxes			$ (76)	$ (22)
America Movil
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments to acquire equity method investments	$ 73	$ 100

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 - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Assets:
Cash and cash equivalents	$ 66.8	$ 109.7
Other current assets, net	127	132.6
Property and equipment, net	789.8	686
Goodwill	339.6	313
Other assets, net	165.5	327.4
Total assets	1,488.7	1,568.7
Liabilities:
Current portion of debt	89.1	82.2
Other accrued and current liabilities	300.5	294.2
Long-term debt	1,416.9	1,416.8
Other long-term liabilities	55.5	60.9
Total liabilities	1,862	1,854.1
Derivative assets, current	11	27
Derivative assets, noncurrent	119	277
Derivative liabilities, current	23	$ 16
Derivative liabilities, noncurrent	$ 2

Debt and Finance Lease Obliga_3

Debt and Finance Lease Obligations - Components of Debt (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Weighted average interest rate	4.88%
Unused borrowing capacity	$ 974
Estimated fair value	7,607.2	$ 7,781.6
Total debt before premiums, discounts and deferred financing costs	7,695.6	7,678.3
Premiums, discounts and deferred financing costs, net	(113.6)	(120)
Total carrying amount of debt	7,582	7,558.3
Finance lease obligations	11.8	7.6
Total debt and finance lease obligations	7,593.8	7,565.9
Less: Current maturities of debt and finance lease obligations	(117.8)	(106.3)
Long-term debt and finance lease obligations	$ 7,476	$ 7,459.6
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Total debt and finance lease obligations	Total debt and finance lease obligations
Convertible Debt | Convertible Notes
Debt Instrument [Line Items]
Weighted average interest rate	2.00%
Unused borrowing capacity	$ 0
Estimated fair value	368.9	$ 396.5
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	6.55%
Unused borrowing capacity	$ 0
Estimated fair value	1,707.8	1,774.3
Total debt before premiums, discounts and deferred financing costs	$ 1,715	1,715
Line of Credit | C&W Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate	3.12%
Unused borrowing capacity	$ 794.5
Estimated fair value	2,420.8	2,422.7
Total debt before premiums, discounts and deferred financing costs	$ 2,455.3	2,451.3
Line of Credit | LPR Senior Secured Notes
Debt Instrument [Line Items]
Weighted average interest rate	6.08%
Unused borrowing capacity	$ 0
Estimated fair value	1,975.1	2,058.1
Total debt before premiums, discounts and deferred financing costs	$ 1,981	1,981
Line of Credit | LPR Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate	4.15%
Unused borrowing capacity	$ 172.5
Estimated fair value	616.9	623.1
Total debt before premiums, discounts and deferred financing costs	$ 620	620
Line of Credit | Costa Rica Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate	7.23%
Unused borrowing capacity	$ 7
Estimated fair value	400	407.1
Total debt before premiums, discounts and deferred financing costs	$ 404.1	408.7
Unsecured Debt | Vendor financing
Debt Instrument [Line Items]
Weighted average interest rate	2.99%
Unused borrowing capacity	$ 0
Estimated fair value	117.7	99.8
Total debt before premiums, discounts and deferred financing costs	$ 117.7	$ 99.8

Debt and Finance Lease Obliga_4

Debt and Finance Lease Obligations - Components of Debt Narrative (Details) $ in Millions, $ in Billions	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022CLP ($)	Mar. 31, 2022USD ($)
A2028 VTR Finance Senior Notes
Debt Instrument [Line Items]
Aggregate facility amount			$ 81	$ 103
Convertible Notes
Debt Instrument [Line Items]
Carrying amount of convertible note				362
Unamortized debt discount				$ 39
Convertible Debt | Convertible Notes
Debt Instrument [Line Items]
Interest rate			6.70%	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	$ 32	$ 26

Debt and Finance Lease Obliga_5

Debt and Finance Lease Obligations - Finance Activity (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Mar. 31, 2021CLP ($)
Debt Instrument [Line Items]
Principal amount repaid	$ 7,695,600,000		$ 7,678,300,000
Loss on debt extinguishment	$ 0	$ 23,300,000
2028 CWP Term Loan A | Line of Credit
Debt Instrument [Line Items]
Issued at	100.00%
Interest rate	4.25%
Aggregate facility amount	$ 275,000,000
Non-cash component	$ 272,900,000
2028 CWP Term Loan B | Line of Credit
Debt Instrument [Line Items]
Issued at	100.00%
Interest rate	4.25%
Aggregate facility amount	$ 0
Non-cash component	$ 0
CWP Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Issued at	100.00%
Interest rate	3.75%
Aggregate facility amount	$ 0
2029 LPR Senior Secured Notes | Senior Notes
Debt Instrument [Line Items]
Issued at		100.00%		100.00%
Interest rate		5.125%		5.125%
Aggregate facility amount		$ 820,000,000
Non-cash component		$ 500,000,000
2028 LPR Term Loan | Medium-term Notes
Debt Instrument [Line Items]
Issued at		100.00%		100.00%
Aggregate facility amount		$ 620,000,000
Non-cash component		$ 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]
Aggregate facility amount	$ 43,000,000
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%
Interest rate		4.375%		4.375%
Aggregate facility amount		$ 410,000,000
Non-cash component		60,000,000
VTR RCF – A | Line of Credit
Debt Instrument [Line Items]
Aggregate facility amount		$ 0
VTR RCF – A | Line of Credit | TAB
Debt Instrument [Line Items]
Interest rate		3.35%
C&W Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Fee on unused portion of credit facility	0.50%
Principal amount repaid	$ 2,455,300,000		$ 2,451,300,000
CWP Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Non-cash component	$ 272,900,000
Redemption price	100.00%
Principal amount repaid	$ 272,900,000
Loss on debt extinguishment	$ 0
2026 SPV Credit Facility | Line of Credit
Debt Instrument [Line Items]
Non-cash component		$ 1,000,000,000
Redemption price		100.00%
Principal amount repaid		$ 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
Redemption price		103.00%
Principal amount repaid		$ 60,000,000
Loss on debt extinguishment		2,100,000
VTR TLB-1 Facility | Medium-term Notes
Debt Instrument [Line Items]
Non-cash component		$ 0
Redemption price		100.00%
Principal amount repaid		$ 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
Redemption price		100.00%
Principal amount repaid		$ 46,100,000		$ 33,100
Loss on debt extinguishment		$ 1,300,000

Debt and Finance Lease Obliga_6

Debt and Finance Lease Obligations - Maturities of Debt (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total debt maturities	$ 7,695.6	$ 7,678.3
Premiums, discounts and deferred financing costs, net	(113.6)	(120)
Total carrying amount of debt	7,582	$ 7,558.3
C&W
Debt Instrument [Line Items]
2022 (remainder of year)	79.8
2023	38.2
2024	64.1
2025	1.7
2026	0.6
2027	1,715.5
Thereafter	2,386.8
Total debt maturities	4,286.7
Premiums, discounts and deferred financing costs, net	(32.7)
Total carrying amount of debt	4,254
Current portion	115.9
Noncurrent portion	4,138.1
Liberty Puerto Rico
Debt Instrument [Line Items]
2022 (remainder of year)	0
2023	0
2024	0
2025	0
2026	0
2027	1,161
Thereafter	1,440
Total debt maturities	2,601
Premiums, discounts and deferred financing costs, net	(32.8)
Total carrying amount of debt	2,568.2
Current portion	0
Noncurrent portion	2,568.2
Costa Rica
Debt Instrument [Line Items]
2022 (remainder of year)	0
2023	0
2024	404.1
2025	0
2026	0
2027	0
Thereafter	0
Total debt maturities	404.1
Premiums, discounts and deferred financing costs, net	(7.5)
Total carrying amount of debt	396.6
Current portion	0
Noncurrent portion	396.6
Liberty Latin America
Debt Instrument [Line Items]
2022 (remainder of year)	0.5
2023	0.6
2024	402.7
2025	0
2026	0
2027	0
Thereafter	0
Total debt maturities	403.8
Premiums, discounts and deferred financing costs, net	(40.6)
Total carrying amount of debt	363.2
Current portion	0.5
Noncurrent portion	362.7
Consolidated
Debt Instrument [Line Items]
2022 (remainder of year)	80.3
2023	38.8
2024	870.9
2025	1.7
2026	0.6
2027	2,876.5
Thereafter	3,826.8
Total debt maturities	7,695.6
Premiums, discounts and deferred financing costs, net	(113.6)
Total carrying amount of debt	7,582
Current portion	116.4
Noncurrent portion	$ 7,465.6

Leases - Lease Expense (Details

Leases - Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Leases [Abstract]
Operating lease cost	$ 27.3	$ 21.9
Short-term lease cost	5.9	4
Total operating lease expense	$ 33.2	$ 25.9

Leases - Operating Leases Asset

Leases - Operating Leases Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Leases [Abstract]
Operating lease right-of-use assets	$ 427.3		$ 441
Operating lease liabilities:
Current	78.8		82
Noncurrent	360.9		371
Total operating lease liabilities	$ 439.7		$ 453
Weighted-average remaining lease term	7 years 4 months 24 days		7 years 6 months
Weighted-average discount rate	6.50%		6.20%
Operating cash outflows related to operating leases	$ 32.1	$ 20.3
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 13.6	$ 10.3
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

Leases - Lease Maturities of Op

Leases - Lease Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Leases [Abstract]
2022 (remainder of year)	$ 69.6
2023	87.7
2024	78.1
2025	70.3
2026	60.5
2027	46.8
Thereafter	138
Total operating lease liabilities on an undiscounted basis	551
Present value discount	(111.3)
Present value of operating lease liabilities	$ 439.7	$ 453

Unfulfilled Performance Oblig_2

Unfulfilled Performance Obligations (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01 $ in Millions	Mar. 31, 2022USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unfulfilled performance obligations	$ 351
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
	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 302.2	$ 283.7
Programming and copyright
Other Income and Expenses [Line Items]
Programming and other direct costs of services	109.3	111.8
Interconnect
Other Income and Expenses [Line Items]
Programming and other direct costs of services	85.7	80.6
Equipment and other
Other Income and Expenses [Line Items]
Programming and other direct costs of services	107.2	91.3
Equipment
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 85	$ 72

Other Operating Costs and Exp_3

Other Operating Costs and Expenses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Abstract]
Personnel and contract labor	$ 153.2	$ 138.4
Network-related	82.6	79
Service-related	51.2	47.5
Commercial	65.5	52.4
Facility, provision, franchise and other	123.8	114.9
Share-based compensation expense	30	23
Total other operating costs and expenses	$ 506.3	$ 455.2

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income tax expense	$ 23.5	$ 29.5
Effective income tax rate	20.10%	24.50%

Earnings or Loss Per Share - We

Earnings or Loss Per Share - Weighted Average Shares Outstanding (Details) - shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Weighted average shares outstanding:
Basic (in shares)	228,274,215	232,410,514
Diluted (in shares)	249,501,352	252,970,163

Earnings or Loss per Share - Ba

Earnings or Loss per Share - Basic and Diluted (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Numerator:
Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation)	$ 83.6	$ 89.1
Add back: interest expense and amortization of deferred financing costs and premiums associated with Convertible Notes (if-converted method)	6.1	5.9
Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation)	$ 89.7	$ 95
Denominator:
Weighted average shares (basic EPS computation) (in shares)	228,274,215	232,410,514
Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) (in shares)	1,733,458	1,065,970
Number of shares issuable under our Convertible Notes (if-converted method) (in shares)	19,493,679	19,493,679
Weighted average shares (diluted EPS computation) (in shares)	249,501,352	252,970,163
Options, SARs and RSUs
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)	30,600,000	17,600,000
PSUs
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)	8,200,000	2,000,000

Equity - Share Repurchase Progr

Equity - Share Repurchase Program (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Feb. 22, 2022	Mar. 16, 2020
Class of Stock [Line Items]
Stock repurchased program, remaining authorized repurchase amount	$ 170,000,000
Common Class A And Common Class C
Class of Stock [Line Items]
Stock repurchase program, authorized amount				$ 100,000,000
Additional amount authorized to be repurchased			$ 200,000,000
Common Class A
Class of Stock [Line Items]
Number of shares repurchased (in shares)	1,884,500	0
Common Class C
Class of Stock [Line Items]
Number of shares repurchased (in shares)	3,524,000	0

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - claim	Apr. 21, 2021	Aug. 31, 2021	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Number of complaints filed	1	2	4

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	3 Months Ended
	Mar. 31, 2022
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
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,218.7	$ 1,165.2
Adjusted OIBDA	440.2	449.3
Operating Segments | C&W Caribbean and Networks
Segment Reporting Information [Line Items]
Revenue	444.9	429.8
Adjusted OIBDA	192.5	181.3
Operating Segments | C&W Panama
Segment Reporting Information [Line Items]
Revenue	127.2	127.3
Adjusted OIBDA	40.5	44
Operating Segments | Liberty Puerto Rico
Segment Reporting Information [Line Items]
Revenue	369.3	361.3
Adjusted OIBDA	144.3	149.9
Operating Segments | VTR
Segment Reporting Information [Line Items]
Revenue	170.8	210.3
Adjusted OIBDA	46.5	70.5
Operating Segments | Costa Rica
Segment Reporting Information [Line Items]
Revenue	107.4	36.2
Adjusted OIBDA	30.2	14.1
Corporate
Segment Reporting Information [Line Items]
Revenue	5.6	5.4
Adjusted OIBDA	(13.8)	(10.5)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	$ (6.5)	$ (5.1)

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation of Operating Cash Flow to Earnings from Continuing Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting, Measurement Disclosures [Abstract]
Total Adjusted OIBDA	$ 440.2	$ 449.3
Share-based compensation expense	(30)	(23)
Depreciation and amortization	(214.1)	(243.1)
Impairment, restructuring and other operating items, net	(7.8)	(2.2)
Operating income	188.3	181
Interest expense	(129.7)	(126.4)
Realized and unrealized gains (losses) on derivative instruments, net	(33.7)	114.9
Foreign currency transaction gains (losses), net	96.6	(25.4)
Losses on debt extinguishment	0	(23.3)
Other expense, net	(4.8)	(0.6)
Earnings before income taxes	$ 116.7	$ 120.2

Segment Reporting - Property an

Segment Reporting - Property and Equipment Additions of our Reportable Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 175.4	$ 152.4
Assets acquired under capital-related vendor financing arrangements	(31.9)	(18.8)
Changes in current liabilities related to capital expenditures	21.2	2
Total capital expenditures	164.7	135.6
Corporate
Segment Reporting Information [Line Items]
Total property and equipment additions	9.7	4.4
C&W Caribbean and Networks | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	51.6	49.6
C&W Panama | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	15	10.7
Liberty Puerto Rico | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	44.5	33.7
VTR | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	44.7	46.7
Costa Rica | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 9.9	$ 7.3

Segment Reporting - Revenue by

Segment Reporting - Revenue by Major Category (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Principal Transaction Revenue [Line Items]
Revenue	$ 1,218.7	$ 1,165.2
Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	869.2	834.2
Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	466.1	483.5
Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	445.5	463.3
Video
Principal Transaction Revenue [Line Items]
Revenue	162.6	176.9
Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	234	237.5
Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	48.9	48.9
Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	20.6	20.2
Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	403.1	350.7
Service revenue
Principal Transaction Revenue [Line Items]
Revenue	291.8	246.1
Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	111.3	104.6
Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	339.2	322.5
Service revenue
Principal Transaction Revenue [Line Items]
Revenue	279.1	258.8
Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	60.1	63.7
Other revenue
Principal Transaction Revenue [Line Items]
Revenue	10.3	8.5
Mobile Service Revenue
Principal Transaction Revenue [Line Items]
Revenue	26	57
Mobile Handset
Principal Transaction Revenue [Line Items]
Revenue	59	25
B2B Mobile Handset and Other Devices
Principal Transaction Revenue [Line Items]
Revenue	5	3
Operating Segments | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	301.2
Operating Segments | C&W Caribbean and Networks
Principal Transaction Revenue [Line Items]
Revenue	444.9	429.8
Operating Segments | C&W Caribbean and Networks | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	221.8	211.3
Operating Segments | C&W Caribbean and Networks | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	130.8	125.9
Operating Segments | C&W Caribbean and Networks | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	121.7	117.4
Operating Segments | C&W Caribbean and Networks | Video
Principal Transaction Revenue [Line Items]
Revenue	32.6	34.3
Operating Segments | C&W Caribbean and Networks | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	70.6	66.6
Operating Segments | C&W Caribbean and Networks | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	18.5	16.5
Operating Segments | C&W Caribbean and Networks | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	9.1	8.5
Operating Segments | C&W Caribbean and Networks | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	91	85.4
Operating Segments | C&W Caribbean and Networks | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	76.5	71.8
Operating Segments | C&W Caribbean and Networks | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	14.5	13.6
Operating Segments | C&W Caribbean and Networks | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	223.1	218.5
Operating Segments | C&W Caribbean and Networks | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	158.2	150.8
Operating Segments | C&W Caribbean and Networks | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	64.9	67.7
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	127.2	127.3
Operating Segments | C&W Panama | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	79.3	78.6
Operating Segments | C&W Panama | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	25.9	23.7
Operating Segments | C&W Panama | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	23.7	21.2
Operating Segments | C&W Panama | Video
Principal Transaction Revenue [Line Items]
Revenue	7.1	6.2
Operating Segments | C&W Panama | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	12.4	10.7
Operating Segments | C&W Panama | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	4.2	4.3
Operating Segments | C&W Panama | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	2.2	2.5
Operating Segments | C&W Panama | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	53.4	54.9
Operating Segments | C&W Panama | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	43	44.6
Operating Segments | C&W Panama | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	10.4	10.3
Operating Segments | C&W Panama | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	47.9	48.7
Operating Segments | C&W Panama | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	47.9	48.7
Operating Segments | C&W Panama | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	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	369.3	361.3
Operating Segments | Liberty Puerto Rico | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue		300.7
Operating Segments | Liberty Puerto Rico | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	121.2	111.2
Operating Segments | Liberty Puerto Rico | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	115.8	107
Operating Segments | Liberty Puerto Rico | Video
Principal Transaction Revenue [Line Items]
Revenue	39.7	38.6
Operating Segments | Liberty Puerto Rico | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	68.9	61.4
Operating Segments | Liberty Puerto Rico | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	7.2	7
Operating Segments | Liberty Puerto Rico | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	5.4	4.2
Operating Segments | Liberty Puerto Rico | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	180	189.5
Operating Segments | Liberty Puerto Rico | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	116.8	116.5
Operating Segments | Liberty Puerto Rico | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	63.2	73
Operating Segments | Liberty Puerto Rico | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	57.8	52.1
Operating Segments | Liberty Puerto Rico | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	57.8	52.1
Operating Segments | Liberty Puerto Rico | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | Liberty Puerto Rico | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	10.3	8.5
Operating Segments | VTR
Principal Transaction Revenue [Line Items]
Revenue	170.8	210.3
Operating Segments | VTR | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	163.1	202
Operating Segments | VTR | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	152.7	186.5
Operating Segments | VTR | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	149.6	183.1
Operating Segments | VTR | Video
Principal Transaction Revenue [Line Items]
Revenue	65.9	78.3
Operating Segments | VTR | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	65.8	84.8
Operating Segments | VTR | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	17.9	20
Operating Segments | VTR | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	3.1	3.4
Operating Segments | VTR | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	10.4	15.5
Operating Segments | VTR | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	9.3	13.2
Operating Segments | VTR | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	1.1	2.3
Operating Segments | VTR | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	7.7	8.3
Operating Segments | VTR | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	7.7	8.3
Operating Segments | VTR | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	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	107.4	36.2
Operating Segments | Costa Rica | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	98.2	36.2
Operating Segments | Costa Rica | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	35.5	36.2
Operating Segments | Costa Rica | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	34.7	34.6
Operating Segments | Costa Rica | Video
Principal Transaction Revenue [Line Items]
Revenue	17.3	19.5
Operating Segments | Costa Rica | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	16.3	14
Operating Segments | Costa Rica | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	1.1	1.1
Operating Segments | Costa Rica | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0.8	1.6
Operating Segments | Costa Rica | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	62.7	0
Operating Segments | Costa Rica | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	46.2	0
Operating Segments | Costa Rica | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	16.5	0
Operating Segments | Costa Rica | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	9.2	0
Operating Segments | Costa Rica | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	9.2	0
Operating Segments | Costa Rica | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | Costa Rica | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Corporate
Principal Transaction Revenue [Line Items]
Revenue	5.6	5.4
Corporate | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	5.6	5.4
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	5.6	5.4
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	5.6	5.4
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	(6.5)	(5.1)
Intersegment Eliminations | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Total subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Video
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Broadband internet
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Fixed-line telephony
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	(6.5)	(5.1)
Intersegment Eliminations | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	(1.7)	(1.1)
Intersegment Eliminations | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	(4.8)	(4)
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
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,218.7	$ 1,165.2
Puerto Rico
Segment Reporting Information [Line Items]
Revenue	356.6	347.3
Chile
Segment Reporting Information [Line Items]
Revenue	170.8	210.3
Panama
Segment Reporting Information [Line Items]
Revenue	126.4	126.7
Jamaica
Segment Reporting Information [Line Items]
Revenue	104.8	97.3
Networks & LatAm
Segment Reporting Information [Line Items]
Revenue	88.5	90.4
Costa Rica
Segment Reporting Information [Line Items]
Revenue	107.2	36.2
The Bahamas
Segment Reporting Information [Line Items]
Revenue	47.7	45
Trinidad and Tobago
Segment Reporting Information [Line Items]
Revenue	40.6	39.7
Barbados
Segment Reporting Information [Line Items]
Revenue	36.5	33.9
Curacao
Segment Reporting Information [Line Items]
Revenue	33.1	34.3
Other
Segment Reporting Information [Line Items]
Revenue	$ 106.5	$ 104.1