v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 1,172.0 $ 1,269.1 $ 2,446.6 $ 2,440.3
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):        
Programming and other direct costs of services (note 10) 375.4 465.3 802.0 868.7
Other operating (notes 10 and 12) 203.3 212.6 423.3 408.6
Selling, general and administrative (SG&A) (notes 10 and 12) 312.3 305.3 610.9 585.9
Depreciation and amortization 262.5 250.8 527.3 483.0
Impairment, restructuring and other operating items, net (note 10) 15.5 5.5 56.3 3.8
Operating costs and expenses 1,169.0 1,239.5 2,419.8 2,350.0
Operating income 3.0 29.6 26.8 90.3
Non-operating income (expense):        
Interest expense (115.9) (129.5) (229.6) (257.0)
Realized and unrealized gains (losses) on derivative instruments, net (note 6) 18.2 (406.0) 150.4 (570.7)
Foreign currency transaction gains (losses), net (122.6) (2,089.9) 307.6 (3,170.9)
Realized and unrealized gains due to changes in fair values of certain investments, net (notes 5 and 7) 155.4 55.3 213.2 111.1
Share of results of affiliates, net (note 5) (289.9) (264.6) (311.6) (412.6)
Other income, net 16.8 32.2 41.8 43.6
Non-operating income (expense) (338.0) (2,802.5) 171.8 (4,256.5)
Earnings (loss) before income taxes (335.0) (2,772.9) 198.6 (4,166.2)
Income tax benefit (expense) (note 11) (22.8) (0.9) (198.2) 69.1
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)
Basic loss attributable to Liberty Global shareholders per share (note 13) (in dollars per share) $ (1.07) $ (8.09) $ (0.08) $ (11.91)