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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Lease Balances
A summary of our ROU assets and lease liabilities is set forth below:
December 31,
20232022
in millions
ROU assets:
Finance leases (a)$57.9 $377.6 
Operating leases (b)1,761.8 1,724.4 
Total ROU assets
$1,819.7 $2,102.0 
Lease liabilities:
Finance leases (c)$58.0 $436.1 
Operating leases (d)1,803.9 1,791.1 
Total lease liabilities$1,861.9 $2,227.2 
_______________

(a)Our finance lease ROU assets are included in property and equipment, net, on our consolidated balance sheets. At December 31, 2023, the weighted average remaining lease term for finance leases was 10.8 years and the weighted average discount rate was 4.9%. During 2023, 2022 and 2021, we recorded non-cash additions to our finance lease ROU assets (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction) of $20.9 million, $34.2 million and $42.6 million, respectively. The decrease in our finance lease ROU assets is primarily related to the Telenet Wyre Transaction. For additional information, see note 5.

(b)Our operating lease ROU assets are included in other assets, net, on our consolidated balance sheets. At December 31, 2023, the weighted average remaining lease term for operating leases was 12.2 years and the weighted average discount rate was 5.8%. During 2023, 2022 and 2021, we recorded non-cash additions to our operating lease ROU assets (including amounts related to the U.K. JV Entities through the June 1, 2021 closing of the U.K. JV Transaction) of $68.3 million, $678.6 million and $169.8 million, respectively. For additional information regarding the non-cash additions to our operating lease ROU assets during 2022 related to the Telenet Tower Lease Agreement, see note 6.

(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 consolidated balance sheets. The decrease in our finance lease liabilities is primarily related to the Telenet Wyre Transaction. For additional information, see note 5.

(d)The current portions of our operating lease liabilities are included within other accrued and current liabilities on our consolidated balance sheets. For additional information regarding the increase in our operating lease liabilities during 2022 related to the Telenet Tower Lease Agreement, see note 6.
Schedule of Lease Expense and Cash Outflows from Operating and Finance Leases
A summary of our aggregate lease expense is set forth below: 
Year ended December 31,
202320222021
in millions
Finance lease expense:
Depreciation and amortization$33.9 $66.4 $74.8 
Interest expense2.2 26.5 30.8 
Total finance lease expense
36.1 92.9 105.6 
Operating lease expense (a)241.2 236.7 249.7 
Short-term lease expense (a)4.2 4.0 5.0 
Variable lease expense (b)1.4 1.9 1.6 
Total lease expense
$282.9 $335.5 $361.9 
_______________

(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, net, in our 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 consolidated statements of operations.

A summary of our cash outflows from operating and finance leases is set forth below: 
 Year ended December 31,
202320222021
in millions
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$226.9 $234.2 $223.0 
Operating cash outflows from finance leases (interest component)2.2 26.5 30.8 
Financing cash outflows from finance leases (principal component)27.9 62.0 75.7 
Total cash outflows from operating and finance leases$257.0 $322.7 $329.5 
Schedule of Maturities of Operating Lease Liabilities
Maturities of our operating and finance lease liabilities as of December 31, 2023 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2023 exchange rates:
Operating leasesFinance
leases
 in millions
Year ending December 31:
2024
$250.8 $12.3 
2025222.7 10.3 
2026208.3 8.2 
2027196.9 7.3 
2028189.5 4.6 
Thereafter1,466.8 31.8 
Total payments
2,535.0 74.5 
Less: present value discount
(731.1)(16.5)
Present value of lease payments$1,803.9 $58.0 
Current portion$151.8 $12.2 
Long-term portion$1,652.1 $45.8 
Schedule of Maturities of Finance Lease Liabilities
Maturities of our operating and finance lease liabilities as of December 31, 2023 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2023 exchange rates:
Operating leasesFinance
leases
 in millions
Year ending December 31:
2024
$250.8 $12.3 
2025222.7 10.3 
2026208.3 8.2 
2027196.9 7.3 
2028189.5 4.6 
Thereafter1,466.8 31.8 
Total payments
2,535.0 74.5 
Less: present value discount
(731.1)(16.5)
Present value of lease payments$1,803.9 $58.0 
Current portion$151.8 $12.2 
Long-term portion$1,652.1 $45.8