Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 2021

Acquisitions and Dispositions [Abstract]

Classes of Assets and Liabilities Held for Sale

The June 1, 2021 carrying amounts of the major classes of assets and liabilities associated with the U.K. JV Entities, which were contributed into the VMED O2 JV, are summarized below (in millions):

Assets:
Current assets (a)	$	4,868.3
Property and equipment, net	9,465.1
Goodwill	8,214.7
Other assets, net	3,086.9
Total assets	$	25,635.0
Liabilities:
Current portion of debt and finance lease obligations	$	3,220.9
Other accrued and current liabilities	2,242.0
Long-term debt and finance lease obligations	16,905.1
Other long-term liabilities	1,788.2
Total liabilities	$	24,156.2

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(a)Amount includes $3.4 billion of net proceeds from certain financing transactions completed in 2020 that were held in escrow pending the completion of the U.K. JV Transaction.

The carrying amounts of the major classes of assets and liabilities associated with the U.K. JV Entities that are classified as held for sale on our condensed consolidated balance sheet as of December 31, 2020 are as follows (in millions):

Assets:
Current assets	$	4,519.8
Property and equipment, net	8,614.0
Goodwill	7,918.5
Other assets, net	3,230.4
Total assets	$	24,282.7
Liabilities:
Current portion of debt and finance lease obligations	$	2,699.5
Other accrued and current liabilities	2,207.3
Long-term debt and finance lease obligations	16,724.1
Other long-term liabilities	1,566.3
Total liabilities	$	23,197.2

Pro Forma Information for Significant Acquisitions

The following unaudited pro forma consolidated operating results give effect to the Sunrise Acquisition as if it had been completed as of January 1, 2019. These pro forma amounts are not necessarily indicative of the operating results that would have occurred if the Sunrise Acquisition had occurred on such date. The pro forma adjustments are based on certain assumptions that we believe are reasonable.

	Three months ended June 30, 2020		Six months ended June 30, 2020
	(unaudited)
	in millions, except per share amount
Revenue	$	3,195.4	$	6,545.8
Net earnings (loss) attributable to Liberty Global shareholders	$	(579.1)	$	316.8
Basic and diluted earnings (loss) attributable to Liberty Global shareholders per share	$	(0.95)	$	0.51