v3.26.1
Long-lived Assets
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Long-lived Assets Long-lived Assets
Impairment
During the second quarter of 2025, we recorded an impairment of $494 million on the spectrum license intangible assets at Liberty Puerto Rico. See further details of our intangible assets not subject to amortization below. For additional information regarding the fair value method and related assumptions used in our impairment assessments, see note 3.
Goodwill
Changes in the carrying amount of our goodwill are set forth below:
Liberty CaribbeanC&W PanamaLiberty NetworksLiberty Costa RicaTotal
in millions
January 1, 2026$1,207.9 $617.1 $669.3 $513.2 $3,007.5 
Foreign currency translation adjustments2.7 — 3.1 49.1 54.9 
June 30, 2026$1,210.6 $617.1 $672.4 $562.3 $3,062.4 
Our accumulated goodwill impairments were $3,300 million at each of June 30, 2026 and December 31, 2025.
Property and Equipment, Net
The details of our property and equipment and the related accumulated depreciation are set forth below:
June 30,
2026
December 31,
2025
in millions
Distribution systems$5,244.6 $5,280.3 
Support equipment and buildings1,362.0 1,403.2 
CPE1,012.5 965.4 
7,619.1 7,648.9 
Accumulated depreciation(4,159.9)(4,105.2)
Total depreciable assets3,459.2 3,543.7 
CIP and land
320.5 304.1 
Total property and equipment, net$3,779.7 $3,847.8 
During the six months ended June 30, 2026 and 2025, we recorded non-cash increases to our property and equipment related to vendor financing arrangements aggregating to $93 million and $55 million, respectively.
Intangible Assets Not Subject to Amortization
The details of our intangible assets not subject to amortization are set forth below:
June 30,
2026
December 31,
2025
in millions
Spectrum licenses$777.5 $777.5 
Cable television franchise rights and other541.8 541.8 
Total$1,319.3 $1,319.3 
Intangible Assets Subject to Amortization, Net
The details of our intangible assets subject to amortization and the related accumulated amortization are set forth below:
June 30,
2026
December 31,
2025
in millions
Customer relationships$527.8 $616.4 
Licenses and other309.5 299.9 
837.3 916.3 
Accumulated amortization(506.2)(555.3)
Total$331.1 $361.0