Basic earnings or loss per share (EPS) is computed by dividing net earnings or loss attributable to Liberty Global shareholders by the weighted average number of shares outstanding for the period. Diluted EPS, as calculated under the treasury stock method, presents the dilutive effect, if any, on a per share basis of potential shares from share-based incentive awards as if they had been exercised, vested or converted at the beginning of the periods presented. Certain of our share incentive plans include performance and/or other features that result in the associated shares being contingently issuable. For purposes of applying the treasury stock method, the dilutive effect of these awards is calculated based on the number of the shares that would be issuable as if the end of the reporting period was the end of the contingency period. For additional information regarding our share-based incentive awards, see note 12.


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025
	in millions, except share amounts

Net earnings (loss)	$	(357.8)	$	(2,773.8)	$	0.4	$	(4,097.1)
Net earnings attributable to noncontrolling interests	(7.3)		(19.1)		(27.7)		(33.1)
Net loss attributable to Liberty Global shareholders	$	(365.1)	$	(2,792.9)	$	(27.3)	$	(4,130.2)

Weighted average common shares outstanding (basic EPS computation)	339,986,346		345,025,708		337,909,892		346,707,354



Excluded potentially dilutive employee share-based incentive awards (a)	144,182,935		155,485,651		144,182,935		155,485,651

(a)Amounts represent potentially dilutive shares that have been excluded from the computation of diluted loss attributable to Liberty Global shareholders because their effect would have been anti-dilutive under the treasury stock method. Additional shares may be issuable in future periods based on the actual performance of certain PSUs, because such awards had not yet met the applicable performance criteria during the reporting period.