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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net earnings (loss) $ (1,323.3) $ 527.0
Loss from discontinued operations 0.0 (107.5)
Earnings (loss) from continuing operations (1,323.3) 634.5
Adjustments to reconcile earnings (loss) from continuing operations to net cash provided by operating activities of continuing operations:    
Share-based compensation expense 33.4 39.0
Depreciation and amortization 232.2 222.7
Impairment, restructuring and other operating items, net (1.7) 33.6
Amortization of deferred financing costs and non-cash interest 15.7 16.0
Realized and unrealized losses (gains) on derivative instruments, net 164.7 (133.3)
Foreign currency transaction losses (gains), net 1,081.0 (559.3)
Realized and unrealized gains due to changes in fair values of certain investments, net (55.8) (113.1)
Losses on debt extinguishment, net (8.0) 0.0
Share of results of affiliates, net 148.0 7.0
Deferred income tax expense (benefit) (97.8) 13.4
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions (75.2) (69.2)
Net cash provided by operating activities of continuing operations 129.2 91.3
Net cash provided by operating activities of discontinued operations 0.0 154.4
Net cash provided by operating activities 129.2 245.7
Cash flows from investing activities:    
Cash received from the sale of investments 700.4 1,152.8
Cash paid for investments (407.0) (993.9)
Capital expenditures, net (243.3) (206.1)
Other investing activities, net 2.4 (16.7)
Net cash provided (used) by investing activities of continuing operations 52.5 (63.9)
Net cash used by investing activities of discontinued operations 0.0 (147.8)
Net cash provided (used) by investing activities 52.5 (211.7)
Cash flows from financing activities:    
Borrowings of debt 555.2 2.1
Operating-related vendor financing additions 71.2 97.4
Repayments and repurchases of debt and finance lease obligations:    
Debt (excluding vendor financing) (550.2) (5.9)
Principal payments on operating-related vendor financing (86.4) (101.0)
Principal payments on capital-related vendor financing (10.0) (32.5)
Principal payments on finance leases (1.9) (0.9)
Repurchases of Liberty Global common shares (37.9) (176.3)
Other financing activities, net (6.2) (23.6)
Net cash used by financing activities of continuing operations (66.2) (240.7)
Net cash used by financing activities of discontinued operations 0.0 (43.3)
Net cash used by financing activities (66.2) (284.0)
Effect of exchange rate changes on cash and cash equivalents and restricted cash:    
Continuing operations 50.8 (24.0)
Discontinued operations 0.0 (1.6)
Total 50.8 (25.6)
Net increase (decrease) in cash and cash equivalents and restricted cash:    
Continuing operations 166.3 (237.3)
Discontinued operations 0.0 (38.3)
Total 166.3 (275.6)
Cash and cash equivalents and restricted cash:    
Beginning of period 1,822.3 1,422.9
Net increase (decrease) 166.3 (275.6)
End of period 1,988.6 1,147.3
Cash paid for interest:    
Continuing operations 137.2 149.7
Discontinued operations 0.0 134.8
Total 137.2 284.5
Net cash paid for taxes:    
Continuing operations 73.4 101.4
Discontinued operations 0.0 1.4
Total $ 73.4 $ 102.8