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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue (notes 3, 4, 5 and 16) $ 1,854.5 $ 1,746.3 $ 5,570.9 $ 5,353.8
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):        
Programming and other direct costs of services (note 10) 550.0 484.3 1,676.4 1,501.7
Other operating (notes 10 and 13) 337.9 275.6 964.1 816.1
Selling, general and administrative (SG&A) (notes 10 and 13) 423.7 365.1 1,281.2 1,181.3
Depreciation and amortization 584.0 506.0 1,681.8 1,588.4
Impairment, restructuring and other operating items, net (note 10) (13.7) 6.4 6.6 74.1
Operating costs and expenses 1,881.9 1,637.4 5,610.1 5,161.6
Operating income (loss) (27.4) 108.9 (39.2) 192.2
Non-operating income (expense):        
Interest expense (241.4) (149.7) (656.0) (416.8)
Realized and unrealized gains on derivative instruments, net (note 6) 177.1 546.9 193.8 1,668.8
Foreign currency transaction gains, net 664.4 1,462.7 417.9 3,186.4
Realized and unrealized gains (losses) due to changes in fair values of certain investments, net (notes 5 and 7) 71.5 (2.1) (344.8) (207.4)
Share of results of affiliates, net (note 5) (240.8) 501.0 (341.1) 812.6
Gain associated with the Telenet Wyre Transaction (note 4) 377.8 0.0 377.8 0.0
Gain on Telenet Tower Sale (note 4) 0.0 7.1 0.0 700.4
Other income, net 39.8 21.7 159.5 63.0
Non-operating income (expense) 848.4 2,387.6 (192.9) 5,807.0
Earnings (loss) from continuing operations before income taxes 821.0 2,496.5 (232.1) 5,999.2
Income tax benefit (expense) (note 11) 1.7 (64.8) (170.0) (209.6)
Earnings (loss) from continuing operations 822.7 2,431.7 (402.1) 5,789.6
Discontinued operations (note 4):        
Earnings from discontinued operations, net of taxes 0.0 0.0 0.0 34.6
Gain on disposal of discontinued operations, net of taxes 0.0 0.0 0.0 848.9
Discontinued operations 0.0 0.0 0.0 883.5
Net earnings (loss) 822.7 2,431.7 (402.1) 6,673.1
Net earnings attributable to noncontrolling interests (163.5) (83.7) (159.7) (500.2)
Net earnings (loss) attributable to Liberty Global shareholders $ 659.2 $ 2,348.0 $ (561.8) $ 6,172.9
Basic earnings (loss) attributable to Liberty Global shareholders per share (note 14):        
Continuing operations (in USD per share) $ 1.58 $ 4.92 $ (1.28) $ 10.59
Discontinued operations (in USD per share) 0 0 0 1.77
Basic earnings attributable to Liberty Global shareholders per share (in USD per share) 1.58 4.92 (1.28) 12.36
Diluted earnings (loss) attributable to Liberty Global shareholders per share (note 14):        
Continuing operations (in USD per share) 1.57 4.87 (1.28) 10.41
Discontinued operations (in USD per share) 0 0 0 1.74
Diluted earnings attributable to Liberty Global shareholders per share (in USD per share) $ 1.57 $ 4.87 $ (1.28) $ 12.15