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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net earnings (loss) $ 12,933.5 $ (459.7)
Earnings from discontinued operations 44.3 42.5
Earnings (loss) from continuing operations 12,889.2 (502.2)
Adjustments to reconcile earnings (loss) from continuing operations to net cash provided by operating activities from continuing operations:    
Share-based compensation expense 220.6 243.4
Depreciation and amortization 1,744.8 1,710.1
Impairment, restructuring and other operating items, net 68.4 46.5
Amortization of deferred financing costs and non-cash interest 25.6 34.4
Realized and unrealized gains on derivative instruments, net (707.4) (200.4)
Foreign currency transaction losses (gains), net (857.6) 836.3
Realized and unrealized losses (gains) due to changes in fair values of certain investments and debt, net (373.3) 399.0
Losses on debt extinguishment, net 90.6 220.4
Share of results of affiliates, net 35.6 99.1
Deferred income tax expense (benefit) 327.4 (100.7)
Gain on U.K. JV Transaction (10,790.7) 0.0
Gain on Atlas Edge JV Transactions (213.7) 0.0
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions (286.4) (319.5)
Dividends received from the VodafoneZiggo JV 240.9 102.0
Net cash provided by operating activities of continuing operations 2,414.0 2,568.4
Net cash provided by operating activities of discontinued operations 143.7 123.9
Net cash provided by operating activities 2,557.7 2,692.3
Cash flows from investing activities:    
Cash paid for investments (5,895.0) (6,864.7)
Cash received from the sale of investments 4,770.7 3,766.3
Cash and restricted cash contributed to the VMED O2 JV in connection with the U.K. JV Transaction (3,424.0) 0.0
Capital expenditures, net (1,114.4) (919.9)
Loans to the VodafoneZiggo JV (123.0) (122.7)
Cash received in connection with the Atlas Edge JV Transactions 130.0 0.0
Net cash received in connection with the U.K. JV Transaction 52.0 0.0
Other investing activities, net (100.6) 8.6
Net cash used by investing activities of continuing operations (5,704.3) (4,132.4)
Net cash used by investing activities of discontinued operations (38.0) (40.1)
Net cash used by investing activities (5,742.3) (4,172.5)
Cash flows from financing activities:    
Borrowings of debt 4,228.2 11,065.2
Repayments and repurchases of debt and finance lease obligations (3,800.3) (9,444.3)
Repurchases of Liberty Global ordinary shares (1,016.6) (975.7)
Payment of financing costs and debt premiums (23.9) (229.8)
Net cash received related to derivative instruments 23.1 72.6
Other financing activities, net (144.8) (124.8)
Net cash provided (used) by financing activities of continuing operations (734.3) 363.2
Net cash used by financing activities of discontinued operations (27.3) (15.0)
Net cash provided (used) by financing activities (761.6) 348.2
Effect of exchange rate changes on cash and cash equivalents and restricted cash:    
Continuing operations 2.2 20.2
Discontinued operations 0.0 0.0
Total 2.2 20.2
Net decrease in cash and cash equivalents and restricted cash:    
Continuing operations (4,022.4) (1,180.6)
Discontinued operations 78.4 68.8
Total (3,944.0) (1,111.8)
Cash and cash equivalents and restricted cash:    
Beginning of period 4,717.3 8,180.9
Net decrease (3,944.0) (1,111.8)
End of period 773.3 7,069.1
Cash paid for interest:    
Continuing operations 784.0 913.5
Discontinued operations 1.3 1.3
Total 785.3 914.8
Net cash paid for taxes:    
Continuing operations 152.8 182.9
Discontinued operations 23.6 14.5
Total $ 176.4 $ 197.4