Liberty Latin America (LILA) 10-Q 3 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Jul. 31, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-38335
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	Q2
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)		44,363,416
Common Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		2,055,034
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)		175,058,936

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,030.7	$ 956.7
Trade receivables	610.8	536.4
Prepaid expenses	81.6	67.7
Current notes receivable	119.9	116.4
Other current assets, net	510.2	389
Total current assets	2,353.2	2,066.2
Goodwill	3,367.8	3,948
Property and equipment, net	4,123.9	4,168.4
Intangible assets not subject to amortization	1,592.9	1,592.4
Intangible assets subject to amortization, net	689.4	788.6
Assets held for sale	1,523.3	1,568.7
Other assets, net	1,319.6	1,253.7
Total assets	14,970.1	15,386
Current liabilities:
Accounts payable	318.5	398
Current portion of deferred revenue	161.6	148
Current portion of debt and finance lease obligations	166.4	106.3
Accrued interest	108	113
Accrued payroll and employee benefits	76.6	100.5
Current operating lease liabilities	69.6	82
Other accrued and current liabilities	619.1	566.7
Total current liabilities	1,519.8	1,514.5
Long-term debt and finance lease obligations	7,628.8	7,459.6
Deferred tax liabilities	687.5	696.3
Deferred revenue	127.2	152.6
Liabilities associated with assets held for sale	1,801.3	1,854.1
Other long-term liabilities	736.6	795.5
Total liabilities	12,501.2	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; 18,229,074 and 6,018,074 shares, respectively	(192.8)	(74)
Additional paid-in capital	5,146.2	5,075.3
Accumulated deficit	(3,067.3)	(2,677.9)
Accumulated other comprehensive loss, net of taxes	(70.1)	(89.7)
Total Liberty Latin America shareholders	1,818.4	2,236
Noncontrolling interests	650.5	677.4
Total equity	2,468.9	2,913.4
Total liabilities and equity	14,970.1	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) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
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)	18,229,074	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)	51,513,898	50,127,969
Common stock, shares outstanding (in shares)	44,498,182	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)	1,930,034	1,930,907
Common stock, shares outstanding (in shares)	1,930,034	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)	186,446,398	183,643,584
Common stock, shares outstanding (in shares)	175,233,040	182,270,626

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Revenue	$ 1,217.6	$ 1,173.2	$ 2,436.3	$ 2,338.4
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	299.5	279.4	601.7	563.1
Other operating costs and expenses	486.4	462.6	992.7	917.8
Depreciation and amortization	213.3	241.2	427.4	484.3
Impairment, restructuring and other operating items, net	568.6	17	576.4	19.2
Operating costs and expenses (exclusive of depreciation and amortization)	1,567.8	1,000.2	2,598.2	1,984.4
Operating income (loss)	(350.2)	173	(161.9)	354
Non-operating income (expense):
Interest expense	(136.9)	(133.7)	(266.6)	(260.1)
Realized and unrealized gains on derivative instruments, net	283.3	57.3	249.6	172.2
Foreign currency transaction losses, net	(262)	(44.4)	(165.4)	(69.8)
Losses on debt extinguishment	0	0	0	(23.3)
Other expense, net	(0.4)	(0.4)	(5.2)	(1)
Non-operating income (expense)	(116)	(121.2)	(187.6)	(182)
Earnings (loss) before income taxes	(466.2)	51.8	(349.5)	172
Income tax expense	(40.4)	(42.5)	(63.9)	(72)
Net earnings (loss)	(506.6)	9.3	(413.4)	100
Net loss attributable to noncontrolling interests	33.6	3.4	24	1.8
Net earnings (loss) attributable to Liberty Latin America shareholders	$ (473)	$ 12.7	$ (389.4)	$ 101.8
Basic net earnings (loss) per share attributable to Liberty Latin America shareholders (in dollars per share)	$ (2.10)	$ 0.05	$ (1.72)	$ 0.44
Dilutive net earnings (loss) per share attributable to Liberty Latin America shareholders (in dollars per share)	$ (2.10)	$ 0.05	$ (1.72)	$ 0.44

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (506.6)	$ 9.3	$ (413.4)	$ 100
Other comprehensive earnings (loss), net of taxes:
Foreign currency translation adjustments	53.7	(17.1)	31.2	(43.1)
Reclassification adjustments included in net earnings	(2)	1.4	(3.5)	2.6
Other	0.6	3	(9.1)	3.2
Other comprehensive earnings (loss)	52.3	(12.7)	18.6	(37.3)
Comprehensive earnings (loss)	(454.3)	(3.4)	(394.8)	62.7
Comprehensive loss attributable to noncontrolling interests	34.5	3.8	25	2.4
Comprehensive earnings (loss) attributable to Liberty Latin America shareholders	$ (419.8)	$ 0.4	$ (369.8)	$ 65.1

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Total Liberty Latin America shareholders	Common shares Class A	Common shares Class B	Common shares Class 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 (loss)	100	101.8						101.8		(1.8)
Other comprehensive (loss) earnings	(37.3)	(36.7)							(36.7)	(0.6)
Repurchase of Liberty Latin America common shares	(10)	(10)				(10)
Distributions to noncontrolling interest owners	(1.3)									(1.3)
Share-based compensation	50.6	50.6					50.6
Other	(0.1)	(0.1)					(0.1)
Ending balance at Jun. 30, 2021	3,442.3	2,717	0.5	0	1.8	(19.5)	5,032.5	(2,136)	(162.3)	725.3
Beginning 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	9.3	12.7						12.7		(3.4)
Other comprehensive (loss) earnings	(12.7)	(12.3)							(12.3)	(0.4)
Repurchase of Liberty Latin America common shares	(10)	(10)				(10)
Distributions to noncontrolling interest owners	(1.3)									(1.3)
Share-based compensation	22.7	22.7					22.7
Ending balance at Jun. 30, 2021	3,442.3	2,717	0.5	0	1.8	(19.5)	5,032.5	(2,136)	(162.3)	725.3
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 (loss)	(413.4)	(389.4)						(389.4)		(24)
Other comprehensive (loss) earnings	18.6	19.6							19.6	(1)
Repurchase of Liberty Latin America common shares	(118.8)	(118.8)				(118.8)
Distributions to noncontrolling interest owners	(1.9)									(1.9)
Share-based compensation	71	71			0.1		70.9
Ending balance at Jun. 30, 2022	2,468.9	1,818.4	0.5	0	1.9	(192.8)	5,146.2	(3,067.3)	(70.1)	650.5
Beginning 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(506.6)	(473)						(473)		(33.6)
Other comprehensive (loss) earnings	52.3	53.2							53.2	(0.9)
Repurchase of Liberty Latin America common shares	(62.8)	(62.8)				(62.8)
Distributions to noncontrolling interest owners	(1.9)									(1.9)
Contribution from noncontrolling interest owner	0
Share-based compensation	33	33					33
Other	0
Ending balance at Jun. 30, 2022	$ 2,468.9	$ 1,818.4	$ 0.5	$ 0	$ 1.9	$ (192.8)	$ 5,146.2	$ (3,067.3)	$ (70.1)	$ 650.5

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net earnings (loss)	$ (506.6)	$ 9.3	$ (413.4)	$ 100
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Share-based compensation expense	31.8	32.8	61.8	55.8
Depreciation and amortization	213.3	241.2	427.4	484.3
Impairment			558.5	2.9
Loss (gain) on dispositions			0.6	(9.1)
Amortization of deferred financing costs, premiums and discounts, net			18.5	15.9
Realized and unrealized gains on derivative instruments, net	(283.3)	(57.3)	(249.6)	(172.2)
Foreign currency transaction losses, net	262	44.4	165.4	69.8
Losses on debt extinguishment	0	0	0	23.3
Deferred income tax expense			(6.6)	33.1
Changes in operating assets and liabilities, net of the effect of acquisitions and dispositions			(215.5)	(160.1)
Net cash provided by operating activities			347.1	443.7
Cash flows from investing activities:
Capital expenditures			(319.9)	(334.2)
Cash paid in connection with acquisitions, net of cash acquired			(21.8)	0
Proceeds from dispositions			0.8	20.6
Other investing activities, net			(2)	(27.3)
Net cash used by investing activities			(342.9)	(340.9)
Cash flows from financing activities:
Borrowings of debt			258.3	732.5
Payments of principal amounts of debt and finance lease obligations			(105.5)	(334.2)
Repurchase of Liberty Latin America common shares			(119.4)	(9.3)
Net cash received (paid) related to derivative instruments			12.4	(43)
Payment of financing costs and debt redemption premiums			(6)	(34.1)
Distributions to noncontrolling interest owners			(1.9)	(1.3)
Other financing activities, net			(6.8)	(7.2)
Net cash provided by financing activities			31.1	303.4
Effect of exchange rate changes on cash, cash equivalents and restricted cash			(2.4)	0.4
Net increase in cash, cash equivalents and restricted cash			32.9	406.6
Cash, cash equivalents and restricted cash:
Beginning of period			1,074.2	912.5
End of period	$ 1,107.1	$ 1,319.1	1,107.1	1,319.1
Cash paid for interest			241.1	226.7
Net cash paid for taxes			$ 57.7	$ 40.1

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation 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 our reportable segment Liberty 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 or related footnote disclosures. Unless otherwise indicated, ownership percentages are calculated as of June 30, 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	6 Months Ended
	Jun. 30, 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	6 Months Ended
	Jun. 30, 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: Six months ended June 30, 2022 2021 in millions Balance at beginning of period $ 80.3 $ 100.0 Provision for expected losses, net 36.0 23.2 Write-offs (21.3) (27.0) Foreign currency translation adjustments and other (4.5) (4.6) Balance at end of period $ 90.5 $ 91.6 The changes in our allowance for expected credit losses associated with our current and long-term notes receivables are set forth below: Six months ended June 30, 2022 2021 in millions Balance at beginning of period $ 32.3 $ 16.2 Provision for expected losses, net (3.6) 1.3 Foreign currency translation adjustments and other (1.1) — Balance at end of period $ 27.6 $ 17.5

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions 2022 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 for which we completed the closing on July 1, 2022. Certain disclosures, including our opening balance sheet and pro form financial information for the three and six months ended June 30, 2022 and 2021, have not been provided as we have not had sufficient time to complete our initial valuation assessment. 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, which was received during the six months ended June 30, 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. A summary of the purchase price and the opening balance sheet of Telefónica Costa Rica at the August 9, 2021 acquisition date is presented in the following table. The opening balance sheet presented below reflects our final purchase price allocation (in millions): Current assets (a) $ 74.7 Goodwill (b) 256.7 Property and equipment 150.6 Intangible assets subject to amortization (c) 139.9 Other assets (d) 145.7 Current liabilities (e) (74.2) Long-term liabilities (f) (168.3) 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 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 June 30, 2021 Six months ended June 30, 2021 in millions Revenue $ 1,241.8 $ 2,474.8 Net earnings attributable to Liberty Latin America shareholders $ 23.0 $ 109.5

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments In general, we enter into derivative instruments to 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: June 30, 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) $ 39.4 $ 166.4 $ 205.8 $ 15.1 $ 25.3 $ 40.4 Foreign currency forward contracts 0.9 — 0.9 0.1 — 0.1 Total $ 40.3 $ 166.4 $ 206.7 $ 15.2 $ 25.3 $ 40.5 Liabilities (b): Cross-currency and interest rate derivative contracts (c) $ 0.7 $ 26.4 $ 27.1 $ 33.3 $ 62.1 $ 95.4 Foreign currency forward contracts 10.4 — 10.4 5.8 — 5.8 Total $ 11.1 $ 26.4 $ 37.5 $ 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 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 on derivative instruments, net, are as follows: Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Cross-currency and interest rate derivative contracts (a) $ 276.1 $ 59.6 $ 258.5 $ 179.1 Foreign currency forward contracts 15.0 4.0 6.7 4.7 Weather Derivatives (7.8) (6.3) (15.6) (11.6) Total $ 283.3 $ 57.3 $ 249.6 $ 172.2 (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 $9 million during the three months ended June 30, 2022 and 2021, respectively, and $10 million and $30 million during the six months ended June 30, 2022 and 2021, respectively. Included in these amounts are net losses of $3 million and $14 million during the three months ended June 30, 2022 and 2021, respectively, and nil and $17 million during the six months ended June 30, 2022 and 2021, respectively, related to the Chile JV Entities. The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments: Six months ended June 30, 2022 2021 in millions Operating activities $ (7.8) $ (37.2) Investing activities 2.8 (1.7) Financing activities (a) 12.4 (43.0) Total $ 7.4 $ (81.9) (a) The 2022 amount is primarily related to the settlement of certain cross currency swaps at VTR. 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. Subsequent to June 30, 2022, we settled certain cross currency swaps at VTR that resulted in a financing inflow of approximately $75 million. 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 June 30, 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 $180 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 June 30, 2022, not including derivative instruments held by the Chile JV Entities, we did not have any cross-currency swap contracts outstanding. 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 June 30, 2022: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,690.0 4.9 Liberty Puerto Rico $ 500.0 6.3 Liberty Costa Rica (b) $ 276.7 1.5 (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 June 30, 2022: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W $ 2,100.0 1.0 Liberty Puerto Rico $ 620.0 1.0 Interest Rate Floors Interest rate floors provide protection against interest rates falling below a pre-set level. At June 30, 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 6.3 years. Interest Rate Caps Interest rate caps provide protection against interest rates rising above a pre-set level. At June 30, 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 6.3 years. 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 June 30, 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 0.2 Liberty Costa Rica borrowing group $ 52.8 CRC 35,711.5 0.2 (a) Represents a foreign currency forward contract entered into in connection with the Chile JV transaction, as discussed further in note 8.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 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. Acquisition Accounting During the second quarter of 2022, we finalized our acquisition accounting for the Telefónica Costa Rica Acquisition, which did not result in any material changes to our opening balance sheet. For additional information relating to the opening balance sheet associated with the Telefónica Costa Rica Acquisition, see note 4. Impairment Assessments The nonrecurring valuations associated with impairment assessments, which use significant unobservable inputs and therefore fall under Level 3 of the fair value hierarchy, primarily include the valuation of reporting units for the purpose of testing for goodwill impairment. Unless a reporting unit has a readily determinable fair value, we estimate the fair value of the reporting unit using either a market-based or income-based approach. Goodwill During the second quarter of 2022, primarily due to significant increases in interest rates, we performed goodwill impairment analyses of all of our reporting units. We used an income approach to determine the estimated fair values of these reporting units. Under this approach, we utilized a discounted cash flow model as the valuation technique to estimate the fair values of the reporting units from a market participant’s perspective. This approach uses certain inputs and assumptions that require estimates and judgments, including forecasted cash flows and an appropriate discount rate. Forecasts of future cash flows are largely based on our assumptions using Level 3 inputs, which we consider to be consistent with a market participant’s approach. We used the weighted-average cost of capital for each reporting unit as the basis for the discount rate to establish the present value of the expected cash flows for the respective reporting unit. The inputs for our weighted average cost of capital calculations include Level 2 and Level 3 inputs, generally derived from third-party pricing services. We used discount rates ranging from 7% to 15% in the valuation of the various reporting units. Based upon the results of the aforementioned analysis, we recognized impairment charges associated with certain reporting units of our C&W Caribbean and Networks segment. For additional information regarding goodwill impairment charges resulting from these impairment analyses, see note 7.

Long-lived Assets

Long-lived Assets	6 Months Ended
	Jun. 30, 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 Impairment June 30, in millions C&W Caribbean and Networks $ 2,433.9 $ — $ 6.2 $ (555.3) $ 1,884.8 C&W Panama 617.1 — — — 617.1 Liberty Puerto Rico 498.3 0.4 — — 498.7 Liberty Costa Rica 398.7 (5.3) (26.2) — 367.2 Total $ 3,948.0 $ (4.9) $ (20.0) $ (555.3) $ 3,367.8 During the second quarter of 2022, we recorded a $555 million impairment of goodwill within certain reporting units of our C&W Caribbean and Networks segment. This impairment was driven primarily by macroeconomic factors, including higher interest rates, that drove an increase in the discount rates used to value these reporting units. After recording these impairments, the associated reporting units have $498 million of goodwill remaining. If, among other factors, (i) our equity values were to decline significantly, (ii) we experienced additional adverse impacts associated with macroeconomic factors, including increases in our estimated weighted average cost of capital, or (iii) the adverse impacts stemming from competition, economic, regulatory or other factors were to cause our results of operations or cash flows to be worse than currently anticipated, we could conclude in future periods that additional impairment charges of certain reporting units are required in order to reduce the carrying values of goodwill. Any such impairment charges could be significant. Our accumulated goodwill impairments were $2,784 million and $2,229 million as of June 30, 2022 and December 31, 2021 respectively. Property and Equipment, Net The details of our property and equipment and the related accumulated depreciation are set forth below: June 30, December 31, in millions Distribution systems $ 4,463.8 $ 4,208.8 CPE 937.8 893.7 Support equipment, buildings and land 1,599.5 1,641.6 7,001.1 6,744.1 Accumulated depreciation (2,877.2) (2,575.7) Total $ 4,123.9 $ 4,168.4 During the six months ended June 30, 2022 and 2021, we recorded non-cash increases to our property and equipment related to vendor financing arrangements aggregating $68 million and $38 million, respectively. Intangible Assets Not Subject to Amortization The details of our intangible assets not subject to amortization are set forth below: June 30, December 31, in millions Spectrum licenses $ 1,051.0 $ 1,050.9 Cable television franchise rights 540.0 540.0 Other 1.9 1.5 Total $ 1,592.9 $ 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: June 30, December 31, in millions Customer relationships $ 1,530.3 $ 1,527.6 Licenses and other 210.9 220.2 1,741.2 1,747.8 Accumulated amortization (1,051.8) (959.2) Total $ 689.4 $ 788.6

Assets Held for Sale

Assets Held for Sale	6 Months Ended
	Jun. 30, 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 of the 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 are summarized below: June 30, December 31, in millions Assets: Cash and cash equivalents $ 67.5 $ 109.7 Other current assets, net (a) 119.8 132.6 Property and equipment, net 701.9 686.0 Goodwill 288.3 313.0 Other assets, net (a) 345.8 327.4 Total assets $ 1,523.3 $ 1,568.7 Liabilities: Current portion of debt $ 75.7 $ 82.2 Other accrued and current liabilities (b) 240.6 294.2 Long-term debt 1,419.0 1,416.8 Other long-term liabilities (b) 66.0 60.9 Total liabilities $ 1,801.3 $ 1,854.1 (a) Other current assets, net includes $22 million and $27 million, respectively, and other assets, net, includes $295 million and $277 million, respectively, related to derivative assets. (b) Other accrued and current liabilities includes $8 million and $16 million, respectively, and other long-term liabilities includes $14 million and $2 million, respectively, related to derivative liabilities. Our condensed consolidated statements of operations include earnings (losses) before income taxes attributable to the Chile JV Entities of $18 million and $63 million for the three months ended June 30, 2022 and 2021, respectively, and ($58 million) million and $41 million for the six months ended June 30, 2022 and 2021, respectively.

Debt and Finance Lease Obligati

Debt and Finance Lease Obligations	6 Months Ended
	Jun. 30, 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: June 30, 2022 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent June 30, December 31, 2021 June 30, December 31, 2021 in millions Convertible Notes (d) 2.00 % — $ — $ 347.0 $ 396.5 $ 402.5 $ 402.5 C&W Notes 6.55 % — — 1,547.4 1,774.3 1,715.0 1,715.0 C&W Credit Facilities 3.93 % (e) 791.5 2,429.6 2,422.7 2,619.4 2,451.3 LPR Senior Secured Notes 6.08 % — — 1,770.0 2,058.1 1,981.0 1,981.0 LPR Credit Facilities 5.07 % $ 172.5 172.5 596.8 623.1 620.0 620.0 Liberty Costa Rica Credit Facilities (f) 7.39 % $ 7.0 7.0 340.1 407.1 400.4 408.7 Vendor financing (g) 3.48 % — — 155.3 99.8 155.3 99.8 Total debt before premiums, discounts and deferred financing costs 5.20 % $ 971.0 $ 7,186.2 $ 7,781.6 $ 7,893.6 $ 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: June 30, December 31, 2021 in millions Total debt before premiums, discounts and deferred financing costs $ 7,893.6 $ 7,678.3 Premiums, discounts and deferred financing costs, net (108.5) (120.0) Total carrying amount of debt 7,785.1 7,558.3 Finance lease obligations 10.1 7.6 Total debt and finance lease obligations 7,795.2 7,565.9 Less: Current maturities of debt and finance lease obligations (166.4) (106.3) Long-term debt and finance lease obligations $ 7,628.8 $ 7,459.6 (a) Represents the weighted average interest rate in effect at June 30, 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 June 30, 2022 without regard to covenant compliance calculations or other conditions precedent to borrowing. At June 30, 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 June 30, 2022 compliance reporting requirements. At June 30, 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 84 billion ($91 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 June 30, 2022, the carrying value of the Convertible Notes was $366 million and the unamortized debt discount on the Convertible Notes was $35 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar, Trinidad & Tobago dollar and Jamaican dollar revolving credit facilities. (f) The Liberty 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 $79 million and $54 million for the six months ended June 30, 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 In the tables 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. During the six months ended June 30, 2022 and 2021, borrowings related to significant notes we issued and credit facilities we drew down, entered into or amended, including activity related to the Chile JV Entities, are as follows: 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 100% January 18, 2028 4.25% $ 160.0 $ — 2022 C&W CWP Revolving Credit Facility (a) 100% January 18, 2027 SOFR + 3.75% $ 12.0 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% $ 500.0 $ 500.0 2021 Liberty Puerto Rico LPR Revolving Credit Facility N/A March 15, 2027 LIBOR + 3.50% (b) 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 CWP Revolving Credit Facility has a fee on unused commitments of 0.50%. (b) Total commitments under the LPR Revolving Credit Facility were increased by $43 million. During the six months ended June 30, 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 June 30, 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 June 30, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents based on June 30, 2022 exchange rates: C&W Liberty Puerto Rico Liberty Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2022 (remainder of year) $ 80.8 $ — $ — $ 0.4 $ 81.2 2023 74.6 — — 0.6 75.2 2024 56.4 — 400.4 402.8 859.6 2025 1.8 — — — 1.8 2026 0.6 — — — 0.6 2027 1,715.5 1,161.0 — — 2,876.5 Thereafter 2,558.7 1,440.0 — — 3,998.7 Total debt maturities 4,488.4 2,601.0 400.4 403.8 7,893.6 Premiums, discounts and deferred financing costs, net (34.5) (31.0) (6.4) (36.6) (108.5) Total debt $ 4,453.9 $ 2,570.0 $ 394.0 $ 367.2 $ 7,785.1 Current portion $ 165.0 $ — $ — $ 0.7 $ 165.7 Noncurrent portion $ 4,288.9 $ 2,570.0 $ 394.0 $ 366.5 $ 7,619.4 (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	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Leases The following table provides details of our operating lease expense: Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Operating lease expense: Operating lease cost $ 28.6 $ 18.6 $ 55.9 $ 40.5 Short-term lease cost 6.1 5.9 12.0 9.9 Total operating lease expense $ 34.7 $ 24.5 $ 67.9 $ 50.4 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: June 30, 2022 December 31, in millions Operating lease right-of-use assets $ 413.5 $ 441.0 Operating lease liabilities: Current $ 69.6 $ 82.0 Noncurrent 369.5 371.0 Total operating lease liabilities $ 439.1 $ 453.0 Weighted-average remaining lease term 7.1 years 7.5 years Weighted-average discount rate 6.2 % 6.2 % Six months ended June 30, 2022 2021 in millions Operating cash outflows related to operating leases $ 58.7 $ 39.7 Right-of-use assets obtained in exchange for new operating lease liabilities (a) $ 36.6 $ 19.5 (a) Represents non-cash transactions associated with operating leases entered into during the six months ended June 30, 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 June 30, 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 June 30, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents (in millions) based on June 30, 2022 exchange rates. Years ending December 31: 2022 (remainder of year) $ 47.5 2023 90.1 2024 79.9 2025 71.9 2026 62.5 2027 50.1 Thereafter 147.7 Total operating lease liabilities on an undiscounted basis 549.7 Present value discount (110.6) Present value of operating lease liabilities $ 439.1

Unfulfilled Performance Obligat

Unfulfilled Performance Obligations	6 Months Ended
	Jun. 30, 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 June 30, 2022, we have approximately $350 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 5 years.

Programming and Other Direct Co

Programming and Other Direct Costs of Services	6 Months Ended
	Jun. 30, 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 June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Programming and copyright $ 101.2 $ 114.4 $ 210.5 $ 226.2 Interconnect 88.4 80.1 174.1 160.7 Equipment and other (a) 109.9 84.9 217.1 176.2 Total programming and other direct costs of services $ 299.5 $ 279.4 $ 601.7 $ 563.1 (a) Includes amounts related to cost of goods sold from equipment sales of $83 million and $63 million for the three months ended June 30, 2022 and 2021, respectively, and $168 million and $134 million for the six months ended June 30, 2022 and 2021 include, respectively.

Other Operating Costs and Expen

Other Operating Costs and Expenses	6 Months Ended
	Jun. 30, 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 June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Personnel and contract labor $ 145.1 $ 143.8 $ 298.3 $ 282.2 Network-related 78.9 82.1 161.5 161.1 Service-related 54.6 45.3 105.8 92.8 Commercial 58.1 53.7 123.6 106.1 Facility, provision, franchise and other 117.9 104.9 241.7 219.8 Share-based compensation expense 31.8 32.8 61.8 55.8 Total other operating costs and expenses $ 486.4 $ 462.6 $ 992.7 $ 917.8

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 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 $40 million and $43 million during the three months ended June 30, 2022 and 2021, respectively, and $64 million and $72 million during the six months ended June 30, 2022 and 2021. This represents an effective income tax rate of 8.7% and (82.0%) for the three months ended June 30, 2022 and 2021, respectively, and 18.3% and (41.9%) for the six months ended June 30, 2022 and 2021, including items treated discretely. For the three and six months ended June 30, 2022, the income tax expense attributable to our loss before income taxes differs from the amounts computed using the statutory tax rate, primarily due to the detrimental effects of non-deductible goodwill impairment , negative effects of permanent tax differences, such as non-deductible expenses and inclusion of withholding taxes on cross-border payments . These negative impacts to our effective tax rate were partially offset by the beneficial effects of international rate differences, permanent tax differences, such as non-taxable income and net decreases in valuation allowances. For the three and six months ended June 30, 2021, the income tax expense attributable to our earnings before income taxes differs from the amounts computed using the statutory tax rate, primarily due to detrimental effects of international rate differences, negative effects of permanent tax differences, such as non-deductible expenses, inclusion of withholding taxes on cross-border payments and net unfavorable changes in uncertain tax positions. These negative impacts to our effective tax rate were partially offset by decreases in valuation allowances and the beneficial effects of permanent tax differences, such as non-taxable income.

Earnings or Loss Per Share

Earnings or Loss Per Share	6 Months Ended
	Jun. 30, 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 June 30, Six months ended June 30, 2022 2021 2022 2021 Weighted average shares outstanding: Basic 224,871,211 233,960,795 226,563,314 233,189,937 Diluted 224,871,211 234,800,020 226,563,314 233,945,963 We reported net losses attributable to Liberty Latin America shareholders during the three and six months ended June 30, 2022. The potentially dilutive effect at June 30, 2022 of the following items was not included in the computation of diluted loss per share for such periods because their inclusion would have been anti-dilutive to the computation: (i) the aggregate number of shares issuable pursuant to outstanding options, SARs and RSUs of 36.1 million, and (ii) the aggregate number of shares issuable pursuant to outstanding PSUs and PSARs of 9.5 million and (iii) using the if-converted method, the aggregate number of shares potentially issuable under our Convertible Notes of 19.5 million. With regards to the aggregate number of shares potentially issuable under our Convertible Notes, 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 details of the calculations of our basic and diluted EPS for the three and six months ended June 30, 2021 are set forth below in millions, except for share amounts: Three months ended June 30, 2021 Six months ended June 30, 2021 Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic and diluted EPS computation) $ 12.7 $ 101.8 Denominator: Weighted average shares (basic EPS computation) 233,960,795 233,189,937 Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) 839,225 756,026 Number of shares issuable under our Convertible Notes (if-converted method) (a) — — Weighted average shares (diluted EPS computation) (a) 234,800,020 233,945,963 (a) We have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, and RSUs of 24.5 million, (ii) the aggregate number of shares issuable pursuant to outstanding PSARs and PSUs of 7.8 million and (iii) using the if-converted method, the aggregate number of shares potentially issuable under our Convertible Notes of 19.5 million, because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSARs and PSUs, because such awards had not yet met the applicable performance criteria. As further discussed above, the Capped Calls provide an economic hedge to reduce or offset potential dilution to our Class C common shares.

Equity

Equity	6 Months Ended
	Jun. 30, 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 six months ended June 30, 2022, we repurchased 2,370,600 and 9,840,400 Class A and Class C common shares, respectively, under the Share Repurchase Programs. During the six months ended June 30, 2021, we repurchased 706,400 Class A common shares. At June 30, 2022, the remaining amount authorized for share repurchases under the 2022 Share Repurchase Program was $107 million.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 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	6 Months Ended
	Jun. 30, 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, fixed-line telephony 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 June 30, 2022, our reportable segments are as follows: • C&W Caribbean and Networks; • C&W Panama; • Liberty Puerto Rico; • VTR; and • Liberty 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) Liberty Costa Rica are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Revenue Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions C&W Caribbean and Networks $ 454.5 $ 434.2 $ 899.4 $ 864.0 C&W Panama 141.6 133.3 268.8 260.6 Liberty Puerto Rico 364.1 360.4 733.4 721.7 VTR 150.0 209.3 320.8 419.6 Liberty Costa Rica 108.0 36.3 215.4 72.5 Corporate 5.5 5.4 11.1 10.8 Intersegment eliminations (6.1) (5.7) (12.6) (10.8) Total $ 1,217.6 $ 1,173.2 $ 2,436.3 $ 2,338.4 Adjusted OIBDA Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions C&W Caribbean and Networks $ 209.6 $ 188.1 $ 402.1 $ 369.4 C&W Panama 44.4 45.6 84.9 89.6 Liberty Puerto Rico 148.8 161.4 293.1 311.3 VTR 37.9 68.7 84.4 139.2 Liberty Costa Rica 35.6 12.7 65.8 26.8 Corporate (12.8) (12.5) (26.6) (23.0) Total $ 463.5 $ 464.0 $ 903.7 $ 913.3 The following table provides a reconciliation of total Adjusted OIBDA to operating income (loss) and to earnings (loss) before income taxes: Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Total Adjusted OIBDA $ 463.5 $ 464.0 $ 903.7 $ 913.3 Share-based compensation expense (31.8) (32.8) (61.8) (55.8) Depreciation and amortization (213.3) (241.2) (427.4) (484.3) Impairment, restructuring and other operating items, net (568.6) (17.0) (576.4) (19.2) Operating income (loss) (350.2) 173.0 (161.9) 354.0 Interest expense (136.9) (133.7) (266.6) (260.1) Realized and unrealized gains on derivative instruments, net 283.3 57.3 249.6 172.2 Foreign currency transaction losses, net (262.0) (44.4) (165.4) (69.8) Losses on debt extinguishment — — — (23.3) Other expense, net (0.4) (0.4) (5.2) (1.0) Earnings (loss) before income taxes $ (466.2) $ 51.8 $ (349.5) $ 172.0 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. Six months ended June 30, 2022 2021 in millions C&W Caribbean and Networks $ 113.2 $ 122.8 C&W Panama 41.4 30.8 Liberty Puerto Rico 91.0 84.9 VTR 79.7 102.5 Liberty Costa Rica 25.2 14.6 Corporate 16.6 11.5 Total property and equipment additions 367.1 367.1 Assets acquired under capital-related vendor financing arrangements (67.5) (38.3) Changes in current liabilities related to capital expenditures 20.3 5.4 Total capital expenditures $ 319.9 $ 334.2 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 Three months ended June 30, 2022 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 119.6 $ 24.1 $ 115.5 $ 130.0 $ 33.4 $ — $ — $ 422.6 Non-subscription revenue 8.5 1.8 5.6 3.4 0.8 — — 20.1 Total residential fixed revenue 128.1 25.9 121.1 133.4 34.2 — — 442.7 Residential mobile revenue: Service revenue 77.6 43.9 117.2 8.7 48.6 — — 296.0 Interconnect, inbound roaming, equipment sales and other (a) 16.3 11.1 58.3 1.0 15.6 5.5 — 107.8 Total residential mobile revenue 93.9 55.0 175.5 9.7 64.2 5.5 — 403.8 Total residential revenue 222.0 80.9 296.6 143.1 98.4 5.5 — 846.5 B2B revenue: Service revenue (b) 159.0 60.7 57.3 6.9 9.6 — (1.6) 291.9 Subsea network revenue 73.5 — — — — — (4.5) 69.0 Total B2B revenue 232.5 60.7 57.3 6.9 9.6 — (6.1) 360.9 Other revenue — — 10.2 — — — — 10.2 Total $ 454.5 $ 141.6 $ 364.1 $ 150.0 $ 108.0 $ 5.5 $ (6.1) $ 1,217.6 (a) The total amount includes $29 million of inbound roaming revenue and $53 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $7 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Three months ended June 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 118.2 $ 21.2 $ 109.5 $ 182.0 $ 34.6 $ — $ — $ 465.5 Non-subscription revenue 8.9 2.4 4.9 4.0 1.7 — — 21.9 Total residential fixed revenue 127.1 23.6 114.4 186.0 36.3 — — 487.4 Residential mobile revenue: Service revenue 75.0 44.6 123.7 13.0 — — — 256.3 Interconnect, inbound roaming, equipment sales and other (a) 16.5 11.3 58.6 1.8 — 5.4 — 93.6 Total residential mobile revenue 91.5 55.9 182.3 14.8 — 5.4 — 349.9 Total residential revenue 218.6 79.5 296.7 200.8 36.3 5.4 — 837.3 B2B revenue: Service revenue (b) 152.8 53.8 55.2 8.5 — — (0.9) 269.4 Subsea network revenue 62.8 — — — — — (4.8) 58.0 Total B2B revenue 215.6 53.8 55.2 8.5 — — (5.7) 327.4 Other revenue — — 8.5 — — — — 8.5 Total $ 434.2 $ 133.3 $ 360.4 $ 209.3 $ 36.3 $ 5.4 $ (5.7) $ 1,173.2 (a) The total amount includes $25 million of inbound roaming revenue and $45 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $10 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Six months ended June 30, 2022 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 241.3 $ 47.8 $ 231.3 $ 279.6 $ 68.1 $ — $ — $ 868.1 Non-subscription revenue 17.6 4.0 11.0 6.5 1.6 — — 40.7 Total residential fixed revenue 258.9 51.8 242.3 286.1 69.7 — — 908.8 Residential mobile revenue: Service revenue 154.1 86.9 237.1 18.0 94.8 — — 590.9 Interconnect, inbound roaming, equipment sales and other (a) 30.8 21.5 122.2 2.1 32.1 11.1 — 219.8 Total residential mobile revenue 184.9 108.4 359.3 20.1 126.9 11.1 — 810.7 Total residential revenue 443.8 160.2 601.6 306.2 196.6 11.1 — 1,719.5 B2B revenue: Service revenue (b) 317.2 108.6 111.3 14.6 18.8 — (3.3) 567.2 Subsea network revenue 138.4 — — — — — (9.3) 129.1 Total B2B revenue 455.6 108.6 111.3 14.6 18.8 — (12.6) 696.3 Other revenue — — 20.5 — — — — 20.5 Total $ 899.4 $ 268.8 $ 733.4 $ 320.8 $ 215.4 $ 11.1 $ (12.6) $ 2,436.3 (a) The total amount includes $55 million of inbound roaming revenue and $114 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $12 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Six months ended June 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 235.6 $ 42.4 $ 216.5 $ 365.1 $ 69.2 $ — $ — $ 928.8 Non-subscription revenue 17.4 4.9 9.1 7.4 3.3 — — 42.1 Total residential fixed revenue 253.0 47.3 225.6 372.5 72.5 — — 970.9 Residential mobile revenue: Service revenue 146.8 89.2 240.2 26.2 — — — 502.4 Interconnect, inbound roaming, equipment sales and other (a) 30.1 21.6 131.6 4.1 — 10.8 — 198.2 Total residential mobile revenue 176.9 110.8 371.8 30.3 — 10.8 — 700.6 Total residential revenue 429.9 158.1 597.4 402.8 72.5 10.8 — 1,671.5 B2B revenue: Service revenue (b) 303.6 102.5 107.3 16.8 — — (2.0) 528.2 Subsea network revenue 130.5 — — — — — (8.8) 121.7 Total B2B revenue 434.1 102.5 107.3 16.8 — — (10.8) 649.9 Other revenue — — 17.0 — — — — 17.0 Total $ 864.0 $ 260.6 $ 721.7 $ 419.6 $ 72.5 $ 10.8 $ (10.8) $ 2,338.4 (a) The total amount includes $50 million of inbound roaming revenue and $102 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $13 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 June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Puerto Rico $ 350.9 $ 346.6 $ 707.5 $ 693.9 Chile 150.0 209.3 320.8 419.6 Panama 141.0 132.8 267.4 259.5 Costa Rica 107.9 36.3 215.1 72.5 Jamaica 105.3 99.4 210.1 196.7 Networks & LatAm (a) 97.4 84.8 185.9 175.2 The Bahamas 48.4 47.7 96.1 92.7 Trinidad and Tobago 39.6 39.9 80.2 79.6 Barbados 36.8 35.0 73.3 68.9 Curacao 32.6 35.3 65.7 69.6 Other (b) 107.7 106.1 214.2 210.2 Total $ 1,217.6 $ 1,173.2 $ 2,436.3 $ 2,338.4 (a) The amounts represent managed services and wholesale revenue from various jurisdictions across Latin America and the Caribbean, primarily related to the sale and lease of telecommunications capacity on C&W’s subsea and terrestrial fiber optic cable networks.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 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)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Schedule of Accounts Receivable, Allowance for Credit Loss	The changes in our allowance for expected credit losses associated with trade receivables are set forth below: Six months ended June 30, 2022 2021 in millions Balance at beginning of period $ 80.3 $ 100.0 Provision for expected losses, net 36.0 23.2 Write-offs (21.3) (27.0) Foreign currency translation adjustments and other (4.5) (4.6) Balance at end of period $ 90.5 $ 91.6 The changes in our allowance for expected credit losses associated with our current and long-term notes receivables are set forth below: Six months ended June 30, 2022 2021 in millions Balance at beginning of period $ 32.3 $ 16.2 Provision for expected losses, net (3.6) 1.3 Foreign currency translation adjustments and other (1.1) — Balance at end of period $ 27.6 $ 17.5

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Purchase Price Allocation	Current assets (a) $ 74.7 Goodwill (b) 256.7 Property and equipment 150.6 Intangible assets subject to amortization (c) 139.9 Other assets (d) 145.7 Current liabilities (e) (74.2) Long-term liabilities (f) (168.3) 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 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 June 30, 2021 Six months ended June 30, 2021 in millions Revenue $ 1,241.8 $ 2,474.8 Net earnings attributable to Liberty Latin America shareholders $ 23.0 $ 109.5

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 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: June 30, 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) $ 39.4 $ 166.4 $ 205.8 $ 15.1 $ 25.3 $ 40.4 Foreign currency forward contracts 0.9 — 0.9 0.1 — 0.1 Total $ 40.3 $ 166.4 $ 206.7 $ 15.2 $ 25.3 $ 40.5 Liabilities (b): Cross-currency and interest rate derivative contracts (c) $ 0.7 $ 26.4 $ 27.1 $ 33.3 $ 62.1 $ 95.4 Foreign currency forward contracts 10.4 — 10.4 5.8 — 5.8 Total $ 11.1 $ 26.4 $ 37.5 $ 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 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 on derivative instruments, net, are as follows: Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Cross-currency and interest rate derivative contracts (a) $ 276.1 $ 59.6 $ 258.5 $ 179.1 Foreign currency forward contracts 15.0 4.0 6.7 4.7 Weather Derivatives (7.8) (6.3) (15.6) (11.6) Total $ 283.3 $ 57.3 $ 249.6 $ 172.2 (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 $9 million during the three months ended June 30, 2022 and 2021, respectively, and $10 million and $30 million during the six months ended June 30, 2022 and 2021, respectively. Included in these amounts are net losses of $3 million and $14 million during the three months ended June 30, 2022 and 2021, respectively, and nil and $17 million during the six months ended June 30, 2022 and 2021, 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 inflows (outflows) of our derivative instruments: Six months ended June 30, 2022 2021 in millions Operating activities $ (7.8) $ (37.2) Investing activities 2.8 (1.7) Financing activities (a) 12.4 (43.0) Total $ 7.4 $ (81.9) (a) The 2022 amount is primarily related to the settlement of certain cross currency swaps at VTR. 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 June 30, 2022: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,690.0 4.9 Liberty Puerto Rico $ 500.0 6.3 Liberty Costa Rica (b) $ 276.7 1.5 (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 1.0 Liberty Puerto Rico $ 620.0 1.0 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 0.2 Liberty Costa Rica borrowing group $ 52.8 CRC 35,711.5 0.2 (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)	6 Months Ended
	Jun. 30, 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 Impairment June 30, in millions C&W Caribbean and Networks $ 2,433.9 $ — $ 6.2 $ (555.3) $ 1,884.8 C&W Panama 617.1 — — — 617.1 Liberty Puerto Rico 498.3 0.4 — — 498.7 Liberty Costa Rica 398.7 (5.3) (26.2) — 367.2 Total $ 3,948.0 $ (4.9) $ (20.0) $ (555.3) $ 3,367.8
Schedule of Property and Equipment and the Related Accumulated Depreciation	The details of our property and equipment and the related accumulated depreciation are set forth below: June 30, December 31, in millions Distribution systems $ 4,463.8 $ 4,208.8 CPE 937.8 893.7 Support equipment, buildings and land 1,599.5 1,641.6 7,001.1 6,744.1 Accumulated depreciation (2,877.2) (2,575.7) Total $ 4,123.9 $ 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: June 30, December 31, in millions Spectrum licenses $ 1,051.0 $ 1,050.9 Cable television franchise rights 540.0 540.0 Other 1.9 1.5 Total $ 1,592.9 $ 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: June 30, December 31, in millions Customer relationships $ 1,530.3 $ 1,527.6 Licenses and other 210.9 220.2 1,741.2 1,747.8 Accumulated amortization (1,051.8) (959.2) Total $ 689.4 $ 788.6

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	6 Months Ended
	Jun. 30, 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 are summarized below: June 30, December 31, in millions Assets: Cash and cash equivalents $ 67.5 $ 109.7 Other current assets, net (a) 119.8 132.6 Property and equipment, net 701.9 686.0 Goodwill 288.3 313.0 Other assets, net (a) 345.8 327.4 Total assets $ 1,523.3 $ 1,568.7 Liabilities: Current portion of debt $ 75.7 $ 82.2 Other accrued and current liabilities (b) 240.6 294.2 Long-term debt 1,419.0 1,416.8 Other long-term liabilities (b) 66.0 60.9 Total liabilities $ 1,801.3 $ 1,854.1 (a) Other current assets, net includes $22 million and $27 million, respectively, and other assets, net, includes $295 million and $277 million, respectively, related to derivative assets.

Debt and Finance Lease Obliga_2

Debt and Finance Lease Obligations (Tables)	6 Months Ended
	Jun. 30, 2022
Debt and Lease Obligation [Abstract]
Schedule of Debt	The U.S. dollar equivalents of the components of our debt are as follows: June 30, 2022 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent June 30, December 31, 2021 June 30, December 31, 2021 in millions Convertible Notes (d) 2.00 % — $ — $ 347.0 $ 396.5 $ 402.5 $ 402.5 C&W Notes 6.55 % — — 1,547.4 1,774.3 1,715.0 1,715.0 C&W Credit Facilities 3.93 % (e) 791.5 2,429.6 2,422.7 2,619.4 2,451.3 LPR Senior Secured Notes 6.08 % — — 1,770.0 2,058.1 1,981.0 1,981.0 LPR Credit Facilities 5.07 % $ 172.5 172.5 596.8 623.1 620.0 620.0 Liberty Costa Rica Credit Facilities (f) 7.39 % $ 7.0 7.0 340.1 407.1 400.4 408.7 Vendor financing (g) 3.48 % — — 155.3 99.8 155.3 99.8 Total debt before premiums, discounts and deferred financing costs 5.20 % $ 971.0 $ 7,186.2 $ 7,781.6 $ 7,893.6 $ 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: June 30, December 31, 2021 in millions Total debt before premiums, discounts and deferred financing costs $ 7,893.6 $ 7,678.3 Premiums, discounts and deferred financing costs, net (108.5) (120.0) Total carrying amount of debt 7,785.1 7,558.3 Finance lease obligations 10.1 7.6 Total debt and finance lease obligations 7,795.2 7,565.9 Less: Current maturities of debt and finance lease obligations (166.4) (106.3) Long-term debt and finance lease obligations $ 7,628.8 $ 7,459.6 (a) Represents the weighted average interest rate in effect at June 30, 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 June 30, 2022 without regard to covenant compliance calculations or other conditions precedent to borrowing. At June 30, 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 June 30, 2022 compliance reporting requirements. At June 30, 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 84 billion ($91 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 June 30, 2022, the carrying value of the Convertible Notes was $366 million and the unamortized debt discount on the Convertible Notes was $35 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar, Trinidad & Tobago dollar and Jamaican dollar revolving credit facilities. (f) The Liberty 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 $79 million and $54 million for the six months ended June 30, 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	During the six months ended June 30, 2022 and 2021, borrowings related to significant notes we issued and credit facilities we drew down, entered into or amended, including activity related to the Chile JV Entities, are as follows: 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 100% January 18, 2028 4.25% $ 160.0 $ — 2022 C&W CWP Revolving Credit Facility (a) 100% January 18, 2027 SOFR + 3.75% $ 12.0 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% $ 500.0 $ 500.0 2021 Liberty Puerto Rico LPR Revolving Credit Facility N/A March 15, 2027 LIBOR + 3.50% (b) 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 CWP Revolving Credit Facility has a fee on unused commitments of 0.50%. (b) Total commitments under the LPR Revolving Credit Facility were increased by $43 million. During the six months ended June 30, 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 June 30, 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 June 30, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents based on June 30, 2022 exchange rates: C&W Liberty Puerto Rico Liberty Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2022 (remainder of year) $ 80.8 $ — $ — $ 0.4 $ 81.2 2023 74.6 — — 0.6 75.2 2024 56.4 — 400.4 402.8 859.6 2025 1.8 — — — 1.8 2026 0.6 — — — 0.6 2027 1,715.5 1,161.0 — — 2,876.5 Thereafter 2,558.7 1,440.0 — — 3,998.7 Total debt maturities 4,488.4 2,601.0 400.4 403.8 7,893.6 Premiums, discounts and deferred financing costs, net (34.5) (31.0) (6.4) (36.6) (108.5) Total debt $ 4,453.9 $ 2,570.0 $ 394.0 $ 367.2 $ 7,785.1 Current portion $ 165.0 $ — $ — $ 0.7 $ 165.7 Noncurrent portion $ 4,288.9 $ 2,570.0 $ 394.0 $ 366.5 $ 7,619.4 (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)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Schedule of Operating Lease Expense	The following table provides details of our operating lease expense: Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Operating lease expense: Operating lease cost $ 28.6 $ 18.6 $ 55.9 $ 40.5 Short-term lease cost 6.1 5.9 12.0 9.9 Total operating lease expense $ 34.7 $ 24.5 $ 67.9 $ 50.4
Schedule of Certain Other Details of Operating Leases Assets and Liabilities	Certain other details of our operating leases are set forth in the tables below: June 30, 2022 December 31, in millions Operating lease right-of-use assets $ 413.5 $ 441.0 Operating lease liabilities: Current $ 69.6 $ 82.0 Noncurrent 369.5 371.0 Total operating lease liabilities $ 439.1 $ 453.0 Weighted-average remaining lease term 7.1 years 7.5 years Weighted-average discount rate 6.2 % 6.2 % Six months ended June 30, 2022 2021 in millions Operating cash outflows related to operating leases $ 58.7 $ 39.7 Right-of-use assets obtained in exchange for new operating lease liabilities (a) $ 36.6 $ 19.5 (a) Represents non-cash transactions associated with operating leases entered into during the six months ended June 30, 2022 and 2021, respectively.
Schedule of Maturities of Operating Lease Liabilities	Maturities of our operating lease liabilities as of June 30, 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 June 30, 2022 condensed consolidated balance sheet. Amounts presented below represent U.S. dollar equivalents (in millions) based on June 30, 2022 exchange rates. Years ending December 31: 2022 (remainder of year) $ 47.5 2023 90.1 2024 79.9 2025 71.9 2026 62.5 2027 50.1 Thereafter 147.7 Total operating lease liabilities on an undiscounted basis 549.7 Present value discount (110.6) Present value of operating lease liabilities $ 439.1

Programming and Other Direct _2

Programming and Other Direct Costs of Services (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Programming and copyright $ 101.2 $ 114.4 $ 210.5 $ 226.2 Interconnect 88.4 80.1 174.1 160.7 Equipment and other (a) 109.9 84.9 217.1 176.2 Total programming and other direct costs of services $ 299.5 $ 279.4 $ 601.7 $ 563.1 (a) Includes amounts related to cost of goods sold from equipment sales of $83 million and $63 million for the three months ended June 30, 2022 and 2021, respectively, and $168 million and $134 million for the six months ended June 30, 2022 and 2021 include, respectively.

Other Operating Costs and Exp_2

Other Operating Costs and Expenses (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Personnel and contract labor $ 145.1 $ 143.8 $ 298.3 $ 282.2 Network-related 78.9 82.1 161.5 161.1 Service-related 54.6 45.3 105.8 92.8 Commercial 58.1 53.7 123.6 106.1 Facility, provision, franchise and other 117.9 104.9 241.7 219.8 Share-based compensation expense 31.8 32.8 61.8 55.8 Total other operating costs and expenses $ 486.4 $ 462.6 $ 992.7 $ 917.8

Earnings or Loss Per Share (Tab

Earnings or Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Six months ended June 30, 2022 2021 2022 2021 Weighted average shares outstanding: Basic 224,871,211 233,960,795 226,563,314 233,189,937 Diluted 224,871,211 234,800,020 226,563,314 233,945,963
Schedule of Earnings Per Share	The details of the calculations of our basic and diluted EPS for the three and six months ended June 30, 2021 are set forth below in millions, except for share amounts: Three months ended June 30, 2021 Six months ended June 30, 2021 Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic and diluted EPS computation) $ 12.7 $ 101.8 Denominator: Weighted average shares (basic EPS computation) 233,960,795 233,189,937 Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) 839,225 756,026 Number of shares issuable under our Convertible Notes (if-converted method) (a) — — Weighted average shares (diluted EPS computation) (a) 234,800,020 233,945,963 (a) We have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, and RSUs of 24.5 million, (ii) the aggregate number of shares issuable pursuant to outstanding PSARs and PSUs of 7.8 million and (iii) using the if-converted method, the aggregate number of shares potentially issuable under our Convertible Notes of 19.5 million, because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSARs and PSUs, because such awards had not yet met the applicable performance criteria. As further discussed above, the Capped Calls provide an economic hedge to reduce or offset potential dilution to our Class C common shares.

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting, Measurement Disclosures [Abstract]
Schedule of 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) Liberty Costa Rica are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Revenue Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions C&W Caribbean and Networks $ 454.5 $ 434.2 $ 899.4 $ 864.0 C&W Panama 141.6 133.3 268.8 260.6 Liberty Puerto Rico 364.1 360.4 733.4 721.7 VTR 150.0 209.3 320.8 419.6 Liberty Costa Rica 108.0 36.3 215.4 72.5 Corporate 5.5 5.4 11.1 10.8 Intersegment eliminations (6.1) (5.7) (12.6) (10.8) Total $ 1,217.6 $ 1,173.2 $ 2,436.3 $ 2,338.4 Adjusted OIBDA Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions C&W Caribbean and Networks $ 209.6 $ 188.1 $ 402.1 $ 369.4 C&W Panama 44.4 45.6 84.9 89.6 Liberty Puerto Rico 148.8 161.4 293.1 311.3 VTR 37.9 68.7 84.4 139.2 Liberty Costa Rica 35.6 12.7 65.8 26.8 Corporate (12.8) (12.5) (26.6) (23.0) Total $ 463.5 $ 464.0 $ 903.7 $ 913.3
Schedule of Reconciliation of Total Adjusted OIBDA to Earnings Before Income Taxes	The following table provides a reconciliation of total Adjusted OIBDA to operating income (loss) and to earnings (loss) before income taxes: Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Total Adjusted OIBDA $ 463.5 $ 464.0 $ 903.7 $ 913.3 Share-based compensation expense (31.8) (32.8) (61.8) (55.8) Depreciation and amortization (213.3) (241.2) (427.4) (484.3) Impairment, restructuring and other operating items, net (568.6) (17.0) (576.4) (19.2) Operating income (loss) (350.2) 173.0 (161.9) 354.0 Interest expense (136.9) (133.7) (266.6) (260.1) Realized and unrealized gains on derivative instruments, net 283.3 57.3 249.6 172.2 Foreign currency transaction losses, net (262.0) (44.4) (165.4) (69.8) Losses on debt extinguishment — — — (23.3) Other expense, net (0.4) (0.4) (5.2) (1.0) Earnings (loss) before income taxes $ (466.2) $ 51.8 $ (349.5) $ 172.0
Schedule of 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. Six months ended June 30, 2022 2021 in millions C&W Caribbean and Networks $ 113.2 $ 122.8 C&W Panama 41.4 30.8 Liberty Puerto Rico 91.0 84.9 VTR 79.7 102.5 Liberty Costa Rica 25.2 14.6 Corporate 16.6 11.5 Total property and equipment additions 367.1 367.1 Assets acquired under capital-related vendor financing arrangements (67.5) (38.3) Changes in current liabilities related to capital expenditures 20.3 5.4 Total capital expenditures $ 319.9 $ 334.2
Schedule of Revenue by Major Category	Three months ended June 30, 2022 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 119.6 $ 24.1 $ 115.5 $ 130.0 $ 33.4 $ — $ — $ 422.6 Non-subscription revenue 8.5 1.8 5.6 3.4 0.8 — — 20.1 Total residential fixed revenue 128.1 25.9 121.1 133.4 34.2 — — 442.7 Residential mobile revenue: Service revenue 77.6 43.9 117.2 8.7 48.6 — — 296.0 Interconnect, inbound roaming, equipment sales and other (a) 16.3 11.1 58.3 1.0 15.6 5.5 — 107.8 Total residential mobile revenue 93.9 55.0 175.5 9.7 64.2 5.5 — 403.8 Total residential revenue 222.0 80.9 296.6 143.1 98.4 5.5 — 846.5 B2B revenue: Service revenue (b) 159.0 60.7 57.3 6.9 9.6 — (1.6) 291.9 Subsea network revenue 73.5 — — — — — (4.5) 69.0 Total B2B revenue 232.5 60.7 57.3 6.9 9.6 — (6.1) 360.9 Other revenue — — 10.2 — — — — 10.2 Total $ 454.5 $ 141.6 $ 364.1 $ 150.0 $ 108.0 $ 5.5 $ (6.1) $ 1,217.6 (a) The total amount includes $29 million of inbound roaming revenue and $53 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $7 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Three months ended June 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 118.2 $ 21.2 $ 109.5 $ 182.0 $ 34.6 $ — $ — $ 465.5 Non-subscription revenue 8.9 2.4 4.9 4.0 1.7 — — 21.9 Total residential fixed revenue 127.1 23.6 114.4 186.0 36.3 — — 487.4 Residential mobile revenue: Service revenue 75.0 44.6 123.7 13.0 — — — 256.3 Interconnect, inbound roaming, equipment sales and other (a) 16.5 11.3 58.6 1.8 — 5.4 — 93.6 Total residential mobile revenue 91.5 55.9 182.3 14.8 — 5.4 — 349.9 Total residential revenue 218.6 79.5 296.7 200.8 36.3 5.4 — 837.3 B2B revenue: Service revenue (b) 152.8 53.8 55.2 8.5 — — (0.9) 269.4 Subsea network revenue 62.8 — — — — — (4.8) 58.0 Total B2B revenue 215.6 53.8 55.2 8.5 — — (5.7) 327.4 Other revenue — — 8.5 — — — — 8.5 Total $ 434.2 $ 133.3 $ 360.4 $ 209.3 $ 36.3 $ 5.4 $ (5.7) $ 1,173.2 (a) The total amount includes $25 million of inbound roaming revenue and $45 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $10 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Six months ended June 30, 2022 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 241.3 $ 47.8 $ 231.3 $ 279.6 $ 68.1 $ — $ — $ 868.1 Non-subscription revenue 17.6 4.0 11.0 6.5 1.6 — — 40.7 Total residential fixed revenue 258.9 51.8 242.3 286.1 69.7 — — 908.8 Residential mobile revenue: Service revenue 154.1 86.9 237.1 18.0 94.8 — — 590.9 Interconnect, inbound roaming, equipment sales and other (a) 30.8 21.5 122.2 2.1 32.1 11.1 — 219.8 Total residential mobile revenue 184.9 108.4 359.3 20.1 126.9 11.1 — 810.7 Total residential revenue 443.8 160.2 601.6 306.2 196.6 11.1 — 1,719.5 B2B revenue: Service revenue (b) 317.2 108.6 111.3 14.6 18.8 — (3.3) 567.2 Subsea network revenue 138.4 — — — — — (9.3) 129.1 Total B2B revenue 455.6 108.6 111.3 14.6 18.8 — (12.6) 696.3 Other revenue — — 20.5 — — — — 20.5 Total $ 899.4 $ 268.8 $ 733.4 $ 320.8 $ 215.4 $ 11.1 $ (12.6) $ 2,436.3 (a) The total amount includes $55 million of inbound roaming revenue and $114 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $12 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Six months ended June 30, 2021 C&W Caribbean and Networks C&W Panama Liberty Puerto Rico VTR Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 235.6 $ 42.4 $ 216.5 $ 365.1 $ 69.2 $ — $ — $ 928.8 Non-subscription revenue 17.4 4.9 9.1 7.4 3.3 — — 42.1 Total residential fixed revenue 253.0 47.3 225.6 372.5 72.5 — — 970.9 Residential mobile revenue: Service revenue 146.8 89.2 240.2 26.2 — — — 502.4 Interconnect, inbound roaming, equipment sales and other (a) 30.1 21.6 131.6 4.1 — 10.8 — 198.2 Total residential mobile revenue 176.9 110.8 371.8 30.3 — 10.8 — 700.6 Total residential revenue 429.9 158.1 597.4 402.8 72.5 10.8 — 1,671.5 B2B revenue: Service revenue (b) 303.6 102.5 107.3 16.8 — — (2.0) 528.2 Subsea network revenue 130.5 — — — — — (8.8) 121.7 Total B2B revenue 434.1 102.5 107.3 16.8 — — (10.8) 649.9 Other revenue — — 17.0 — — — — 17.0 Total $ 864.0 $ 260.6 $ 721.7 $ 419.6 $ 72.5 $ 10.8 $ (10.8) $ 2,338.4 (a) The total amount includes $50 million of inbound roaming revenue and $102 million of revenue from sales of mobile handsets and other devices. (b) The total amount includes $13 million of revenue from sales of mobile handsets and other devices to B2B mobile customers.
Schedule of 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 June 30, Six months ended June 30, 2022 2021 2022 2021 in millions Puerto Rico $ 350.9 $ 346.6 $ 707.5 $ 693.9 Chile 150.0 209.3 320.8 419.6 Panama 141.0 132.8 267.4 259.5 Costa Rica 107.9 36.3 215.1 72.5 Jamaica 105.3 99.4 210.1 196.7 Networks & LatAm (a) 97.4 84.8 185.9 175.2 The Bahamas 48.4 47.7 96.1 92.7 Trinidad and Tobago 39.6 39.9 80.2 79.6 Barbados 36.8 35.0 73.3 68.9 Curacao 32.6 35.3 65.7 69.6 Other (b) 107.7 106.1 214.2 210.2 Total $ 1,217.6 $ 1,173.2 $ 2,436.3 $ 2,338.4 (a) The amounts represent managed services and wholesale revenue from various jurisdictions across Latin America and the Caribbean, primarily related to the sale and lease of telecommunications capacity on C&W’s subsea and terrestrial fiber optic cable networks.

Basis of Presentation (Details)

Basis of Presentation (Details)	Jun. 30, 2022 market country	Aug. 09, 2021
Telefónica Costa Rica. C&W
Basis of Presentation [Line Items]
Percentage ownership of subsidiaries (less than)		100%
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	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 80.3	$ 100
Provision for expected losses, net	36	23.2
Write-offs	(21.3)	(27)
Foreign currency translation adjustments and other	(4.5)	(4.6)
Balance at end of period	$ 90.5	$ 91.6

Current Expected Credit Losse_3

Current Expected Credit Losses - Changes in Notes Receivable Allowance For Credit Losses (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 32.3	$ 16.2
Provision for expected losses, net	(3.6)	1.3
Foreign currency translation adjustments and other	(1.1)	0
Balance at end of period	$ 27.6	$ 17.5

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($) $ in Millions					6 Months Ended
	Dec. 31, 2021	Sep. 14, 2021	Aug. 09, 2021	Jul. 30, 2020	Jun. 30, 2022
America Movil
Business Acquisition [Line Items]
Enterprise value		$ 200
Telefónica S.A. Acquisition
Business Acquisition [Line Items]
Enterprise value				$ 500
Cash payments for the acquisition of noncontrolling interest			$ 47
Reduction in total consideration paid					$ 12
Broadband VI, LLC Acquisition
Business Acquisition [Line Items]
Enterprise value	$ 33
Percentage of interests acquired (as a percent)	96%

Acquisitions - Preliminary Open

Acquisitions - Preliminary Opening Balance Sheet (Details) - USD ($) $ in Millions	Aug. 09, 2021	Jun. 30, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill		$ 3,367.8	$ 3,948
Telefónica S.A. Acquisition
Business Acquisition [Line Items]
Current assets	$ 74.7
Goodwill	256.7
Property and equipment	150.6
Intangible assets subject to amortization	139.9
Other assets	145.7
Current liabilities	(74.2)
Long-term liabilities	(168.3)
Total purchase price	$ 525.1
Telefónica S.A. Acquisition | Customer relationships
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets (in years)	7 years
Telefónica S.A. Acquisition | Spectrum licenses
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets (in years)	25 years

Acquisitions - Pro Forma Inform

Acquisitions - Pro Forma Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Revenue	$ 1,241.8	$ 2,474.8
Net earnings attributable to Liberty Latin America shareholders	$ 23	$ 109.5

Derivative Instruments - Fair V

Derivative Instruments - Fair Values of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets:
Current	$ 40.3	$ 15.2
Long-term	166.4	25.3
Total	206.7	40.5
Liabilities:
Current	11.1	39.1
Long-term	26.4	62.1
Total	37.5	101.2
Cross-currency and interest rate derivative contracts
Assets:
Current	39.4	15.1
Long-term	166.4	25.3
Total	205.8	40.4
Liabilities:
Current	0.7	33.3
Long-term	26.4	62.1
Total	27.1	95.4
Foreign currency forward contracts
Assets:
Current	0.9	0.1
Long-term	0	0
Total	0.9	0.1
Liabilities:
Current	10.4	5.8
Long-term	0	0
Total	$ 10.4	$ 5.8

Derivative Instruments - Realiz

Derivative Instruments - Realized and Unrealized Gains on Derivatives (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ 283.3	$ 57.3	$ 249.6	$ 172.2
Cross-currency and interest rate derivative contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	276.1	59.6	258.5	179.1
Foreign currency forward contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	15	4	6.7	4.7
Weather Derivatives
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(7.8)	(6.3)	(15.6)	(11.6)
Cross currency interest rate contract - credit risk valuation adjustments
Derivative [Line Items]
Gain (loss) on credit risk derivatives	(5)	(9)	(10)	(30)
Cross currency interest rate contract - credit risk valuation adjustments | Chile JV
Derivative [Line Items]
Gain (loss) on credit risk derivatives	$ (3)	$ (14)	$ 0	$ (17)

Derivative Instruments - Net Ca

Derivative Instruments - Net Cash Received (Paid) Related to Derivatives (Details) - USD ($) $ in Millions		6 Months Ended
	Jul. 01, 2022	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Operating activities		$ (7.8)	$ (37.2)
Investing activities		2.8	(1.7)
Financing activities		12.4	(43)
Total		$ 7.4	(81.9)
Interest Rate Swap | VTR | VTR
Derivative [Line Items]
Financing activities			(11)
Interest Rate Swap | Liberty Puerto Rico | VTR
Derivative [Line Items]
Financing activities			$ (32)
Currency Swap | VTR | Subsequent Event
Derivative [Line Items]
Financing activities	$ (75)

Derivative Instruments - Counte

Derivative Instruments - Counterparty Credit Risk (Details) $ in Millions	Jun. 30, 2022 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Exposure to counterparty credit risk	$ 180

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Interest Rate Floor
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 620
Weighted average remaining life (in years)	6 years 3 months 18 days
Interest Rate Cap
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 120
Weighted average remaining life (in years)	6 years 3 months 18 days

Derivative Instruments - Intere

Derivative Instruments - Interest Rate Derivative Contracts (Details) ₡ in Millions, $ in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2022 CLP ($)	Jun. 30, 2022 CRC (₡)
Interest Rate Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 2,690
Weighted average remaining life (in years)	4 years 10 months 24 days
Derivative floor interest rate (as a percent)	0%	0%	0%
Interest Rate Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 500
Weighted average remaining life (in years)	6 years 3 months 18 days
Interest Rate Swap | Liberty Costa Rica
Derivative [Line Items]
Notional amount of derivative	$ 276.7
Weighted average remaining life (in years)	1 year 6 months
Derivative floor interest rate (as a percent)	0.75%	0.75%	0.75%
Basis Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 2,100
Weighted average remaining life (in years)	1 year
Basis Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 620
Weighted average remaining life (in years)	1 year
Foreign currency forward contracts | LLA UK Holding Limited
Derivative [Line Items]
Notional amount of derivative	$ 88.1	$ 73,000
Weighted average remaining life (in years)	2 months 12 days
Foreign currency forward contracts | Liberty Costa Rica borrowing group
Derivative [Line Items]
Notional amount of derivative	$ 52.8		₡ 35,711.5
Weighted average remaining life (in years)	2 months 12 days

Fair Value Measurements Narrati

Fair Value Measurements Narrative (Details) - Nonrecurring - Discount rate - C&W	Jun. 30, 2022
Minimum
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Reporting unit, measurement input	7%
Maximum
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Reporting unit, measurement input	15%

Long-lived Assets - Goodwill (D

Long-lived Assets - Goodwill (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Beginning balance		$ 3,948
Acquisitions and related adjustments		(4.9)
Foreign currency translation adjustments and other		(20)
Impairment		(555.3)
Ending balance	$ 3,367.8	3,367.8
Impairment		555.3
Accumulated goodwill impairments	2,784	2,784	$ 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		6.2
Impairment	(555)	(555.3)
Ending balance	1,884.8	1,884.8
Impairment	555	555.3
Goodwill remaining after impairment	498	498
C&W Panama
Goodwill [Roll Forward]
Beginning balance		617.1
Acquisitions and related adjustments		0
Foreign currency translation adjustments and other		0
Impairment		0
Ending balance	617.1	617.1
Impairment		0
Liberty Puerto Rico
Goodwill [Roll Forward]
Beginning balance		498.3
Acquisitions and related adjustments		0.4
Foreign currency translation adjustments and other		0
Impairment		0
Ending balance	498.7	498.7
Impairment		0
Liberty Costa Rica
Goodwill [Roll Forward]
Beginning balance		398.7
Acquisitions and related adjustments		(5.3)
Foreign currency translation adjustments and other		(26.2)
Impairment		0
Ending balance	$ 367.2	367.2
Impairment		$ 0

Long-lived Assets - Property an

Long-lived Assets - Property and Equipment, Net (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 7,001.1		$ 6,744.1
Accumulated depreciation	(2,877.2)		(2,575.7)
Total	4,123.9		4,168.4
Non-cash increases related to vendor financing arrangements	67.5	$ 38.3
Distribution systems
Property, Plant and Equipment [Line Items]
Property and equipment, gross	4,463.8		4,208.8
CPE
Property, Plant and Equipment [Line Items]
Property and equipment, gross	937.8		893.7
Support equipment, buildings and land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,599.5		$ 1,641.6

Long-lived Assets - Intangible

Long-lived Assets - Intangible Assets Not Subject to Amortization (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Indefinite-lived Intangible Assets [Line Items]
Total	$ 1,592.9	$ 1,592.4
Spectrum licenses
Indefinite-lived Intangible Assets [Line Items]
Total	1,051	1,050.9
Cable television franchise rights
Indefinite-lived Intangible Assets [Line Items]
Total	540	540
Other
Indefinite-lived Intangible Assets [Line Items]
Total	$ 1.9	$ 1.5

Long-lived Assets - Intangibl_2

Long-lived Assets - Intangible Assets Subject to Amortization, Net (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Statement [Line Items]
Finite-Lived Intangible Assets, Gross	$ 1,741.2	$ 1,747.8
Accumulated amortization	(1,051.8)	(959.2)
Total	689.4	788.6
Customer relationships
Statement [Line Items]
Finite-Lived Intangible Assets, Gross	1,530.3	1,527.6
Licenses and other
Statement [Line Items]
Finite-Lived Intangible Assets, Gross	$ 210.9	$ 220.2

Assets Held for Sale - Narrativ

Assets Held for Sale - Narrative (Details) $ in Millions, $ in Billions			3 Months Ended		6 Months Ended
	Sep. 29, 2021 USD ($)	Sep. 29, 2021 CLP ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Earnings (losses) before income taxes			$ (466.2)	$ 51.8	$ (349.5)	$ 172
Chile JV
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest (as a percent)	50%	50%
Earnings (losses) before income taxes			$ 18	$ 63	$ 58	$ 41
America Movil
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments to acquire equity method investments	$ 100	$ 73

Assets Held for Sale - Schedule

Assets Held for Sale - Schedule of Assets and Liabilities (Details) - Disposal Group, Held-for-sale, Not Discontinued Operations - Chile JV Entities - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Assets:
Cash and cash equivalents	$ 67.5	$ 109.7
Other current assets, net	119.8	132.6
Property and equipment, net	701.9	686
Goodwill	288.3	313
Other assets, net	345.8	327.4
Total assets	1,523.3	1,568.7
Liabilities:
Current portion of debt	75.7	82.2
Other accrued and current liabilities	240.6	294.2
Long-term debt	1,419	1,416.8
Other long-term liabilities	66	60.9
Total liabilities	1,801.3	1,854.1
Derivative assets, current	22	27
Derivative assets, noncurrent	295	277
Derivative liabilities, current	8	16
Derivative liabilities, noncurrent	$ 14	$ 2

Debt and Finance Lease Obliga_3

Debt and Finance Lease Obligations - Components of Debt (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	5.20%
Unused borrowing capacity	$ 971
Estimated fair value	7,186.2	$ 7,781.6
Total debt before premiums, discounts and deferred financing costs	7,893.6	7,678.3
Premiums, discounts and deferred financing costs, net	(108.5)	(120)
Total carrying amount of debt	7,785.1	7,558.3
Finance lease obligations	10.1	7.6
Total debt and finance lease obligations	7,795.2	7,565.9
Less: Current maturities of debt and finance lease obligations	(166.4)	(106.3)
Long-term debt and finance lease obligations	$ 7,628.8	$ 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 Notes | Convertible Debt
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	2%
Unused borrowing capacity	$ 0
Estimated fair value	347	$ 396.5
Total debt before premiums, discounts and deferred financing costs	$ 402.5	402.5
C&W Notes | Senior Notes
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	6.55%
Unused borrowing capacity	$ 0
Estimated fair value	1,547.4	1,774.3
Total debt before premiums, discounts and deferred financing costs	$ 1,715	1,715
C&W Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	3.93%
Credit facilities, unused borrowing capacity	$ 791.5
Estimated fair value	2,429.6	2,422.7
Total debt before premiums, discounts and deferred financing costs	$ 2,619.4	2,451.3
LPR Senior Secured Notes | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	6.08%
Credit facilities, unused borrowing capacity	$ 0
Estimated fair value	1,770	2,058.1
Total debt before premiums, discounts and deferred financing costs	$ 1,981	1,981
LPR Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	5.07%
Credit facilities, unused borrowing capacity	$ 172.5
Estimated fair value	596.8	623.1
Total debt before premiums, discounts and deferred financing costs	$ 620	620
Liberty Costa Rica Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	7.39%
Credit facilities, unused borrowing capacity	$ 7
Estimated fair value	340.1	407.1
Total debt before premiums, discounts and deferred financing costs	$ 400.4	408.7
Vendor financing | Unsecured Debt
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	3.48%
Unused borrowing capacity	$ 0
Estimated fair value	155.3	99.8
Total debt before premiums, discounts and deferred financing costs	$ 155.3	$ 99.8

Debt and Finance Lease Obliga_4

Debt and Finance Lease Obligations - Components of Debt Narrative (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 CLP ($)	Jun. 30, 2022 USD ($)
A2028 VTR Finance Senior Notes
Debt Instrument [Line Items]
Aggregate facility amount			$ 84,000,000,000	$ 91,000,000
Convertible Notes
Debt Instrument [Line Items]
Carrying amount of convertible note				366,000,000
Unamortized debt discount				$ 35,000,000
Convertible Notes | Convertible Debt
Debt Instrument [Line Items]
Interest rate (as a percent)			6.70%	6.70%
Vendor Financing Obligations | Unsecured Debt
Debt Instrument [Line Items]
General term of vendor financing arrangements for amounts due (in year)	1 year	1 year
Operating expenses financed by intermediary	$ 79,000,000	$ 54,000,000

Debt and Finance Lease Obliga_5

Debt and Finance Lease Obligations - Finance Activity (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 CLP ($)
Debt Instrument [Line Items]
Principal amount repaid	$ 7,893,600,000		$ 7,893,600,000		$ 7,678,300,000
Loss on debt extinguishment	$ 0	$ 0	$ 0	$ 23,300,000
2028 CWP Term Loan A | Line of Credit
Debt Instrument [Line Items]
Issued at	100%		100%
Interest rate	4.25%		4.25%
Aggregate facility amount	$ 275,000,000		$ 275,000,000
Non-cash component	$ 272,900,000		$ 272,900,000
2028 CWP Term Loan B | Line of Credit
Debt Instrument [Line Items]
Issued at	100%		100%
Interest rate	4.25%		4.25%
Aggregate facility amount	$ 160,000,000		$ 160,000,000
Non-cash component	$ 0		$ 0
CWP Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Issued at	100%		100%
Aggregate facility amount	$ 12,000,000		$ 12,000,000
CWP Revolving Credit Facility | Line of Credit | SOFR
Debt Instrument [Line Items]
Interest rate	3.75%		3.75%
2029 LPR Senior Secured Notes | Senior Notes
Debt Instrument [Line Items]
Issued at		100%		100%		100%
Interest rate		5.125%		5.125%		5.125%
Aggregate facility amount		$ 820,000,000		$ 820,000,000
Non-cash component		$ 500,000,000		$ 500,000,000
2028 LPR Term Loan | Medium-term Notes
Debt Instrument [Line Items]
Issued at		100%		100%		100%
Aggregate facility amount		$ 500,000,000		$ 500,000,000
Non-cash component		$ 500,000,000		$ 500,000,000
2028 LPR Term Loan | Medium-term Notes | LIBOR
Debt Instrument [Line Items]
Interest rate, variable rate				3.75%
LPR Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Aggregate facility amount	$ 43,000,000		$ 43,000,000
LPR Revolving Credit Facility | Line of Credit | LIBOR
Debt Instrument [Line Items]
Interest rate, variable rate				3.50%
2029 VTR Senior Secured Notes | Senior Notes
Debt Instrument [Line Items]
Issued at		100%		100%		100%
Interest rate		4.375%		4.375%		4.375%
Aggregate facility amount		$ 410,000,000		$ 410,000,000
Non-cash component		60,000,000		60,000,000
VTR RCF – A | Line of Credit
Debt Instrument [Line Items]
Aggregate facility amount		0		$ 0
VTR RCF – A | Line of Credit | TAB
Debt Instrument [Line Items]
Interest rate, variable rate				3.35%
C&W Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Fee on unused portion of credit facility (as a percent)			0.50%
Principal amount repaid	2,619,400,000		$ 2,619,400,000		$ 2,451,300,000
CWP Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Non-cash component	272,900,000		$ 272,900,000
Redemption price			100%
Principal amount repaid	$ 272,900,000		$ 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		$ 1,000,000,000
Redemption price				100%
Principal amount repaid		1,000,000,000		$ 1,000,000,000
Loss on debt extinguishment				14,300,000
2028 VTR Senior Secured Notes | Senior Notes
Debt Instrument [Line Items]
Non-cash component		60,000,000		$ 60,000,000
Redemption price				103%
Principal amount repaid		60,000,000		$ 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		$ 0
Redemption price				100%
Principal amount repaid		196,400,000		$ 196,400,000		$ 140,900
Loss on debt extinguishment				5,600,000
VTR TLB-2 Facility | Medium-term Notes
Debt Instrument [Line Items]
Non-cash component		0		$ 0
Redemption price				100%
Principal amount repaid		$ 46,100,000		$ 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	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total debt maturities	$ 7,893.6	$ 7,678.3
Premiums, discounts and deferred financing costs, net	(108.5)	(120)
Total carrying amount of debt	7,785.1	$ 7,558.3
C&W
Debt Instrument [Line Items]
2022 (remainder of year)	80.8
2023	74.6
2024	56.4
2025	1.8
2026	0.6
2027	1,715.5
Thereafter	2,558.7
Total debt maturities	4,488.4
Premiums, discounts and deferred financing costs, net	(34.5)
Total carrying amount of debt	4,453.9
Current portion	165
Noncurrent portion	4,288.9
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	(31)
Total carrying amount of debt	2,570
Current portion	0
Noncurrent portion	2,570
Liberty Costa Rica
Debt Instrument [Line Items]
2022 (remainder of year)	0
2023	0
2024	400.4
2025	0
2026	0
2027	0
Thereafter	0
Total debt maturities	400.4
Premiums, discounts and deferred financing costs, net	(6.4)
Total carrying amount of debt	394
Current portion	0
Noncurrent portion	394
Liberty Latin America
Debt Instrument [Line Items]
2022 (remainder of year)	0.4
2023	0.6
2024	402.8
2025	0
2026	0
2027	0
Thereafter	0
Total debt maturities	403.8
Premiums, discounts and deferred financing costs, net	(36.6)
Total carrying amount of debt	367.2
Current portion	0.7
Noncurrent portion	366.5
Consolidated
Debt Instrument [Line Items]
2022 (remainder of year)	81.2
2023	75.2
2024	859.6
2025	1.8
2026	0.6
2027	2,876.5
Thereafter	3,998.7
Total debt maturities	7,893.6
Premiums, discounts and deferred financing costs, net	(108.5)
Total carrying amount of debt	7,785.1
Current portion	165.7
Noncurrent portion	$ 7,619.4

Leases - Lease Expense (Details

Leases - Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Operating lease cost	$ 28.6	$ 18.6	$ 55.9	$ 40.5
Short-term lease cost	6.1	5.9	12	9.9
Total operating lease expense	$ 34.7	$ 24.5	$ 67.9	$ 50.4

Leases - Operating Leases Asset

Leases - Operating Leases Assets and Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Leases [Abstract]
Operating lease right-of-use assets	$ 413.5		$ 441
Operating lease liabilities:
Current	69.6		82
Noncurrent	369.5		371
Total operating lease liabilities	$ 439.1		$ 453
Weighted-average remaining lease term	7 years 1 month 6 days		7 years 6 months
Weighted-average discount rate	6.20%		6.20%
Operating cash outflows related to operating leases	$ 58.7	$ 39.7
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 36.6	$ 19.5
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	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
2022 (remainder of year)	$ 47.5
2023	90.1
2024	79.9
2025	71.9
2026	62.5
2027	50.1
Thereafter	147.7
Total operating lease liabilities on an undiscounted basis	549.7
Present value discount	(110.6)
Present value of operating lease liabilities	$ 439.1	$ 453

Unfulfilled Performance Oblig_2

Unfulfilled Performance Obligations (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01 $ in Millions	Jun. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unfulfilled performance obligations	$ 350
Unfulfilled performance obligations, period (in years)	5 years

Programming and Other Direct _3

Programming and Other Direct Costs of Services (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 299.5	$ 279.4	$ 601.7	$ 563.1
Programming and copyright
Other Income and Expenses [Line Items]
Programming and other direct costs of services	101.2	114.4	210.5	226.2
Interconnect
Other Income and Expenses [Line Items]
Programming and other direct costs of services	88.4	80.1	174.1	160.7
Equipment and other
Other Income and Expenses [Line Items]
Programming and other direct costs of services	109.9	84.9	217.1	176.2
Equipment
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 83	$ 63	$ 168	$ 134

Other Operating Costs and Exp_3

Other Operating Costs and Expenses (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other Income and Expenses [Abstract]
Personnel and contract labor	$ 145.1	$ 143.8	$ 298.3	$ 282.2
Network-related	78.9	82.1	161.5	161.1
Service-related	54.6	45.3	105.8	92.8
Commercial	58.1	53.7	123.6	106.1
Facility, provision, franchise and other	117.9	104.9	241.7	219.8
Share-based compensation expense	31.8	32.8	61.8	55.8
Total other operating costs and expenses	$ 486.4	$ 462.6	$ 992.7	$ 917.8

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income tax expense	$ 40.4	$ 42.5	$ 63.9	$ 72
Effective income tax rate (as a percent)	8.70%	(82.00%)	18.30%	(41.90%)

Earnings or Loss Per Share - We

Earnings or Loss Per Share - Weighted Average Shares Outstanding (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Weighted average shares outstanding:
Weighted average shares outstanding, Basic (in shares)	224,871,211	233,960,795	226,563,314	233,189,937
Weighted average shares outstanding, Diluted (in shares)		234,800,020	226,563,314	233,945,963

Earnings or Loss per Share - Ba

Earnings or Loss per Share - Basic and Diluted (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation)		$ 12.7		$ 101.8
Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation)		$ 12.7		$ 101.8
Denominator:
Weighted average shares (basic EPS computation) (in shares)	224,871,211	233,960,795	226,563,314	233,189,937
Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) (in shares)		839,225		756,026
Number of shares issuable under our Convertible Notes (if-converted method) (in shares)		0		0
Weighted average shares (diluted EPS computation) (in shares)		234,800,020	226,563,314	233,945,963
Options, SARs and RSUs
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)			36,100,000	24,500,000
PSUs and PSARs
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)			9,500,000	7,800,000
Convertible Notes
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)			19,500,000	19,500,000

Equity - Share Repurchase Progr

Equity - Share Repurchase Program (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Feb. 22, 2022	Mar. 16, 2020
Class of Stock [Line Items]
Stock repurchased program, remaining authorized repurchase amount	$ 107,000,000
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)	2,370,600	706,400
Common Class C
Class of Stock [Line Items]
Number of shares repurchased (in shares)	9,840,400

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - claim		1 Months Ended	8 Months Ended
	Apr. 21, 2022	Aug. 31, 2021	Apr. 20, 2021
Commitments and Contingencies Disclosure [Abstract]
Number of complaints filed	1	2	4

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	6 Months Ended
	Jun. 30, 2022
Segment Reporting, Measurement Disclosures [Abstract]
Percentage of minority interest revenues and adjusted OBIDA included in net earnings attributable to noncontrolling interest	100%
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100%

Segment Reporting - Performance

Segment Reporting - Performance Measures (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,217.6	$ 1,173.2	$ 2,436.3	$ 2,338.4
Adjusted OIBDA	463.5	464	903.7	913.3
Operating Segments | C&W Caribbean and Networks
Segment Reporting Information [Line Items]
Revenue	454.5	434.2	899.4	864
Adjusted OIBDA	209.6	188.1	402.1	369.4
Operating Segments | C&W Panama
Segment Reporting Information [Line Items]
Revenue	141.6	133.3	268.8	260.6
Adjusted OIBDA	44.4	45.6	84.9	89.6
Operating Segments | Liberty Puerto Rico
Segment Reporting Information [Line Items]
Revenue	364.1	360.4	733.4	721.7
Adjusted OIBDA	148.8	161.4	293.1	311.3
Operating Segments | VTR
Segment Reporting Information [Line Items]
Revenue	150	209.3	320.8	419.6
Adjusted OIBDA	37.9	68.7	84.4	139.2
Operating Segments | Liberty Costa Rica
Segment Reporting Information [Line Items]
Revenue	108	36.3	215.4	72.5
Adjusted OIBDA	35.6	12.7	65.8	26.8
Corporate
Segment Reporting Information [Line Items]
Revenue	5.5	5.4	11.1	10.8
Adjusted OIBDA	(12.8)	(12.5)	(26.6)	(23)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	$ (6.1)	$ (5.7)	$ (12.6)	$ (10.8)

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation of Operating Cash Flow to Earnings from Continuing Operations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting, Measurement Disclosures [Abstract]
Total Adjusted OIBDA	$ 463.5	$ 464	$ 903.7	$ 913.3
Share-based compensation expense	(31.8)	(32.8)	(61.8)	(55.8)
Depreciation and amortization	(213.3)	(241.2)	(427.4)	(484.3)
Impairment, restructuring and other operating items, net	(568.6)	(17)	(576.4)	(19.2)
Operating income (loss)	(350.2)	173	(161.9)	354
Interest expense	(136.9)	(133.7)	(266.6)	(260.1)
Realized and unrealized gains on derivative instruments, net	283.3	57.3	249.6	172.2
Foreign currency transaction losses, net	(262)	(44.4)	(165.4)	(69.8)
Losses on debt extinguishment	0	0	0	(23.3)
Other expense, net	(0.4)	(0.4)	(5.2)	(1)
Earnings (loss) before income taxes	$ (466.2)	$ 51.8	$ (349.5)	$ 172

Segment Reporting - Property an

Segment Reporting - Property and Equipment Additions of our Reportable Segments (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 367.1	$ 367.1
Assets acquired under capital-related vendor financing arrangements	(67.5)	(38.3)
Changes in current liabilities related to capital expenditures	20.3	5.4
Total capital expenditures	319.9	334.2
Corporate
Segment Reporting Information [Line Items]
Total property and equipment additions	16.6	11.5
C&W Caribbean and Networks | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	113.2	122.8
C&W Panama | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	41.4	30.8
Liberty Puerto Rico | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	91	84.9
VTR | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	79.7	102.5
Liberty Costa Rica | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 25.2	$ 14.6

Segment Reporting - Revenue by

Segment Reporting - Revenue by Major Category (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Principal Transaction Revenue [Line Items]
Revenue	$ 1,217.6	$ 1,173.2	$ 2,436.3	$ 2,338.4
Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	846.5	837.3	1,719.5	1,671.5
Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	442.7	487.4	908.8	970.9
Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	422.6	465.5	868.1	928.8
Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	20.1	21.9	40.7	42.1
Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	403.8	349.9	810.7	700.6
Service revenue
Principal Transaction Revenue [Line Items]
Revenue	296	256.3	590.9	502.4
Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	107.8	93.6	219.8	198.2
Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	360.9	327.4	696.3	649.9
Service revenue
Principal Transaction Revenue [Line Items]
Revenue	291.9	269.4	567.2	528.2
Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	69	58	129.1	121.7
Other revenue
Principal Transaction Revenue [Line Items]
Revenue	10.2	8.5	20.5	17
Mobile Service Revenue
Principal Transaction Revenue [Line Items]
Revenue	29	25	55	102
Mobile Handset
Principal Transaction Revenue [Line Items]
Revenue	53	45	114	50
B2B Mobile Handset and Other Devices
Principal Transaction Revenue [Line Items]
Revenue	7	10	12	13
Operating Segments | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	296.6	296.7	601.6
Operating Segments | C&W Caribbean and Networks
Principal Transaction Revenue [Line Items]
Revenue	454.5	434.2	899.4	864
Operating Segments | C&W Caribbean and Networks | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	222	218.6	443.8	429.9
Operating Segments | C&W Caribbean and Networks | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	128.1	127.1	258.9	253
Operating Segments | C&W Caribbean and Networks | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	119.6	118.2	241.3	235.6
Operating Segments | C&W Caribbean and Networks | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	8.5	8.9	17.6	17.4
Operating Segments | C&W Caribbean and Networks | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	93.9	91.5	184.9	176.9
Operating Segments | C&W Caribbean and Networks | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	77.6	75	154.1	146.8
Operating Segments | C&W Caribbean and Networks | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	16.3	16.5	30.8	30.1
Operating Segments | C&W Caribbean and Networks | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	232.5	215.6	455.6	434.1
Operating Segments | C&W Caribbean and Networks | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	159	152.8	317.2	303.6
Operating Segments | C&W Caribbean and Networks | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	73.5	62.8	138.4	130.5
Operating Segments | C&W Caribbean and Networks | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | C&W Panama
Principal Transaction Revenue [Line Items]
Revenue	141.6	133.3	268.8	260.6
Operating Segments | C&W Panama | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	80.9	79.5	160.2	158.1
Operating Segments | C&W Panama | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	25.9	23.6	51.8	47.3
Operating Segments | C&W Panama | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	24.1	21.2	47.8	42.4
Operating Segments | C&W Panama | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	1.8	2.4	4	4.9
Operating Segments | C&W Panama | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	55	55.9	108.4	110.8
Operating Segments | C&W Panama | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	43.9	44.6	86.9	89.2
Operating Segments | C&W Panama | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	11.1	11.3	21.5	21.6
Operating Segments | C&W Panama | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	60.7	53.8	108.6	102.5
Operating Segments | C&W Panama | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	60.7	53.8	108.6	102.5
Operating Segments | C&W Panama | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | C&W Panama | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | Liberty Puerto Rico
Principal Transaction Revenue [Line Items]
Revenue	364.1	360.4	733.4	721.7
Operating Segments | Liberty Puerto Rico | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue				597.4
Operating Segments | Liberty Puerto Rico | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	121.1	114.4	242.3	225.6
Operating Segments | Liberty Puerto Rico | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	115.5	109.5	231.3	216.5
Operating Segments | Liberty Puerto Rico | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	5.6	4.9	11	9.1
Operating Segments | Liberty Puerto Rico | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	175.5	182.3	359.3	371.8
Operating Segments | Liberty Puerto Rico | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	117.2	123.7	237.1	240.2
Operating Segments | Liberty Puerto Rico | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	58.3	58.6	122.2	131.6
Operating Segments | Liberty Puerto Rico | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	57.3	55.2	111.3	107.3
Operating Segments | Liberty Puerto Rico | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	57.3	55.2	111.3	107.3
Operating Segments | Liberty Puerto Rico | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | Liberty Puerto Rico | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	10.2	8.5	20.5	17
Operating Segments | VTR
Principal Transaction Revenue [Line Items]
Revenue	150	209.3	320.8	419.6
Operating Segments | VTR | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	143.1	200.8	306.2	402.8
Operating Segments | VTR | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	133.4	186	286.1	372.5
Operating Segments | VTR | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	130	182	279.6	365.1
Operating Segments | VTR | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	3.4	4	6.5	7.4
Operating Segments | VTR | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	9.7	14.8	20.1	30.3
Operating Segments | VTR | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	8.7	13	18	26.2
Operating Segments | VTR | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	1	1.8	2.1	4.1
Operating Segments | VTR | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	6.9	8.5	14.6	16.8
Operating Segments | VTR | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	6.9	8.5	14.6	16.8
Operating Segments | VTR | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | VTR | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | Liberty Costa Rica
Principal Transaction Revenue [Line Items]
Revenue	108	36.3	215.4	72.5
Operating Segments | Liberty Costa Rica | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	98.4	36.3	196.6	72.5
Operating Segments | Liberty Costa Rica | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	34.2	36.3	69.7	72.5
Operating Segments | Liberty Costa Rica | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	33.4	34.6	68.1	69.2
Operating Segments | Liberty Costa Rica | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0.8	1.7	1.6	3.3
Operating Segments | Liberty Costa Rica | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	64.2	0	126.9	0
Operating Segments | Liberty Costa Rica | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	48.6	0	94.8	0
Operating Segments | Liberty Costa Rica | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	15.6	0	32.1	0
Operating Segments | Liberty Costa Rica | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	9.6	0	18.8	0
Operating Segments | Liberty Costa Rica | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	9.6	0	18.8	0
Operating Segments | Liberty Costa Rica | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Operating Segments | Liberty Costa Rica | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate
Principal Transaction Revenue [Line Items]
Revenue	5.5	5.4	11.1	10.8
Corporate | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	5.5	5.4	11.1	10.8
Corporate | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	5.5	5.4	11.1	10.8
Corporate | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	5.5	5.4	11.1	10.8
Corporate | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Corporate | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations
Principal Transaction Revenue [Line Items]
Revenue	(6.1)	(5.7)	(12.6)	(10.8)
Intersegment Eliminations | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	0	0	0	0
Intersegment Eliminations | Total B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	(6.1)	(5.7)	(12.6)	(10.8)
Intersegment Eliminations | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	(1.6)	(0.9)	(3.3)	(2)
Intersegment Eliminations | Subsea network revenue
Principal Transaction Revenue [Line Items]
Revenue	(4.5)	(4.8)	(9.3)	(8.8)
Intersegment Eliminations | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0

Segment Reporting - Geographic

Segment Reporting - Geographic Segments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 1,217.6	$ 1,173.2	$ 2,436.3	$ 2,338.4
Puerto Rico
Segment Reporting Information [Line Items]
Revenue	350.9	346.6	707.5	693.9
Chile
Segment Reporting Information [Line Items]
Revenue	150	209.3	320.8	419.6
Panama
Segment Reporting Information [Line Items]
Revenue	141	132.8	267.4	259.5
Jamaica
Segment Reporting Information [Line Items]
Revenue	105.3	99.4	210.1	196.7
Networks & LatAm
Segment Reporting Information [Line Items]
Revenue	97.4	84.8	185.9	175.2
Costa Rica
Segment Reporting Information [Line Items]
Revenue	107.9	36.3	215.1	72.5
The Bahamas
Segment Reporting Information [Line Items]
Revenue	48.4	47.7	96.1	92.7
Trinidad and Tobago
Segment Reporting Information [Line Items]
Revenue	39.6	39.9	80.2	79.6
Barbados
Segment Reporting Information [Line Items]
Revenue	36.8	35	73.3	68.9
Curacao
Segment Reporting Information [Line Items]
Revenue	32.6	35.3	65.7	69.6
Other
Segment Reporting Information [Line Items]
Revenue	$ 107.7	$ 106.1	$ 214.2	$ 210.2