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Leases (Tables)
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Lease Balances
A summary of our right-of-use (ROU) assets and lease liabilities is set forth below:
September 30,
2021		December 31, 2020
in millions
ROU assets:
Finance leases (a)$439.2 $471.6 
Operating leases (b)1,315.4 1,440.3 
Total ROU assets
$1,754.6 $1,911.9 
Lease liabilities:
Finance leases (c)$493.2 $549.5 
Operating leases (d)1,323.6 1,432.0 
Total lease liabilities$1,816.8 $1,981.5 
_______________

(a)Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheets. At September 30, 2021, the weighted average remaining lease term for finance leases was 22.6 years and the weighted average discount rate was 6.0%. During the nine months ended September 30, 2021 and 2020, we recorded non-cash additions to our finance lease ROU assets (including amounts related to the U.K. JV Entities through the closing of the U.K. JV Transaction) of $27.8 million and $30.9 million, respectively.

(b)Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheets. At September 30, 2021, the weighted average remaining lease term for operating leases was 11.6 years and the weighted average discount rate was 5.8%. During the nine months ended September 30, 2021 and 2020, we recorded non-cash additions to our operating lease ROU assets (including amounts related to the U.K. JV Entities through the closing of the U.K. JV Transaction) of $67.4 million and $64.2 million, respectively.

(c)The current and long-term portions of our finance lease liabilities are included within current portion of debt and finance lease obligations and long-term debt and finance lease obligations, respectively, on our condensed consolidated balance sheets.

(d)The current portions of our operating lease liabilities are included within other accrued and current liabilities on our condensed consolidated balance sheets.
Lease Expense and Cash Outflows from Operating and Finance Leases
A summary of our aggregate lease expense is set forth below: 
Three months ended
September 30,		Nine months ended
September 30,
 2021202020212020
 in millions
Finance lease expense:
Depreciation and amortization$13.6 $16.8 $52.6 $52.7 
Interest expense5.4 7.7 22.1 23.6 
Total finance lease expense
19.0 24.5 74.7 76.3 
Operating lease expense (a)38.5 16.4 164.7 79.6 
Short-term lease expense (a)1.1 0.9 4.0 3.1 
Variable lease expense (b)0.4 0.3 1.6 1.1 
Total lease expense$59.0 $42.1 $245.0 $160.1 
_______________

(a)Our operating lease expense and short-term lease expense are included in programming and other direct costs of services, other operating expenses, SG&A expenses and impairment, restructuring and other operating items in our condensed consolidated statements of operations.

(b)Variable lease expense represents payments made to a lessor during the lease term that vary because of a change in circumstance that occurred after the lease commencement date. Variable lease payments are expensed as incurred and are included in other operating expenses in our condensed consolidated statements of operations.

A summary of our cash outflows from operating and finance leases is set forth below: 
Nine months ended
September 30,
20212020
in millions
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$164.1 $72.6 
Operating cash outflows from finance leases22.1 23.6 
Financing cash outflows from finance leases52.0 75.2 
Total cash outflows from operating and finance leases$238.2 $171.4 
Maturities of Operating Lease Liabilities
Maturities of our operating and finance lease liabilities as of September 30, 2021 are presented below. Amounts represent U.S. dollar equivalents based on September 30, 2021 exchange rates:
Operating leasesFinance
leases
 in millions
Year ending December 31:
2021 (remainder of year)$53.5 $25.4 
2022204.9 94.6 
2023188.8 98.2 
2024173.5 61.1 
2025159.7 57.7 
202647.6 53.7 
Thereafter1,120.9 244.5 
Total payments
1,948.9 635.2 
Less: present value discount
(625.3)(142.0)
Present value of lease payments
$1,323.6 $493.2 
Current portion$183.3 $67.9 
Noncurrent portion$1,140.3 $425.3 
Maturities of Financing Lease Liabilities Amounts include vendor financing obligations of $1,003.5 million, as set forth below:
UPC
Holding		TelenetOtherTotal
 in millions
Year ending December 31:
2021 (remainder of year)$62.6 $100.4 $25.7 $188.7 
2022351.9 319.5 70.4 741.8 
2023— — 55.7 55.7 
2024— — 16.1 16.1 
2025— — 1.2 1.2 
Total vendor financing maturities
$414.5 $419.9 $169.1 $1,003.5 
Current portion
$414.5 $419.9 $72.8 $907.2 
Noncurrent portion
$— $— $96.3 $96.3 
Maturities of our operating and finance lease liabilities as of September 30, 2021 are presented below. Amounts represent U.S. dollar equivalents based on September 30, 2021 exchange rates:
Operating leasesFinance
leases
 in millions
Year ending December 31:
2021 (remainder of year)$53.5 $25.4 
2022204.9 94.6 
2023188.8 98.2 
2024173.5 61.1 
2025159.7 57.7 
202647.6 53.7 
Thereafter1,120.9 244.5 
Total payments
1,948.9 635.2 
Less: present value discount
(625.3)(142.0)
Present value of lease payments
$1,323.6 $493.2 
Current portion$183.3 $67.9 
Noncurrent portion$1,140.3 $425.3