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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net earnings $ 1,110.3 $ 1,440.3
Earnings from discontinued operations 34.6 17.6
Earnings from continuing operations 1,075.7 1,422.7
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities of continuing operations:    
Share-based compensation expense 51.4 63.4
Depreciation and amortization 564.7 607.2
Impairment, restructuring and other operating items, net 9.4 44.4
Amortization of deferred financing costs and non-cash interest 5.9 10.3
Realized and unrealized gains on derivative instruments, net (508.5) (811.2)
Foreign currency transaction gains, net (575.0) (303.8)
Realized and unrealized losses (gains) due to changes in fair values of certain investments, net 93.6 (194.6)
Share of results of affiliates, net (230.5) (1.7)
Deferred income tax expense 46.9 125.0
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions (22.8) (190.4)
Dividends received from the VodafoneZiggo JV 94.8 0.0
Net cash provided by operating activities of continuing operations 605.6 771.3
Net cash provided by operating activities of discontinued operations 51.1 49.9
Net cash provided by operating activities 656.7 821.2
Cash flows from investing activities:    
Cash received from the sale of investments 2,592.5 1,540.3
Cash paid for investments (2,200.7) (1,551.0)
Capital expenditures, net (372.8) (462.5)
Other investing activities, net (58.4) (23.0)
Net cash used by investing activities of continuing operations (39.4) (496.2)
Net cash used by investing activities of discontinued operations (15.6) (13.2)
Net cash used by investing activities (55.0) (509.4)
Cash flows from financing activities:    
Borrowings of debt 0.0 154.3
Operating-related vendor financing additions 133.7 849.0
Debt (excluding vendor financing) 0.7 243.6
Principal payments on operating-related vendor financing (208.4) (655.3)
Principal payments on capital-related vendor financing (35.9) (434.6)
Principal payments on finance leases 17.8 19.5
Repurchases of Liberty Global ordinary shares (480.6) (311.2)
Repurchases by Telenet of its outstanding shares (25.7) 0.0
Net cash paid related to derivative instruments (9.0) (11.5)
Payment of financing costs and debt premiums 0.2 3.3
Other financing activities, net (11.1) (15.8)
Net cash provided (used) by financing activities of continuing operations (655.7) (691.5)
Net cash used by financing activities of discontinued operations (2.6) (8.2)
Net cash provided (used) by financing activities (658.3) (699.7)
Effect of exchange rate changes on cash and cash equivalents and restricted cash:    
Continuing operations (10.5) (46.3)
Discontinued operations 0.0 0.0
Total (10.5) (46.3)
Net decrease in cash and cash equivalents and restricted cash:    
Continuing operations (100.0) (462.7)
Discontinued operations 32.9 28.5
Total (67.1) (434.2)
Cash and cash equivalents and restricted cash:    
Beginning of period 917.3 4,717.3
Net decrease (67.1) (434.2)
End of period 850.2 4,283.1
Cash paid for interest:    
Continuing operations 211.4 404.8
Discontinued operations 0.3 0.5
Total 211.7 405.3
Net cash paid (received) for taxes:    
Continuing operations 84.8 (14.7)
Discontinued operations 7.4 7.1
Total $ 92.2 $ (7.6)