Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 182

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 9C
Chunk 182
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 Intangible Assets Subject to Amortization, NetThe details of our intangible assets subject to amortization, which had estimated useful lives ranging from four to 25 years at December 31, 2024, are set forth below:December 31,20242023 in millionsCustomer relationships (a)$898.9 $1,327.8 Licenses and other259.3 286.7 1,158.2 1,614.5 Accumulated amortization(743.9)(1,072.9)Total$414.3 $541.6 (a)The 2024 amount includes $7 million of customer relationships attributable to the LPR Acquisition. For additional information regarding the assets acquired as part of the LPR Acquisition, see note 5.Amortization expense related to intangible assets with finite useful lives was $136 million, $168 million and $185 million during 2024, 2023 and 2022, respectively.Based on our amortizable intangible assets balance at December 31, 2024, we expect that amortization expense will be as follows for the next five years and thereafter (in millions):2025$79.9 202667.0 202758.8 202855.1 202949.6 Thereafter103.9 Total$414.3 

II-68

Liberty Latin America Ltd.Notes to Consolidated Financial Statements – (Continued)December 31, 2024, 2023 and 2022

(9)    Operating Leases

The following table provides details of our operating lease expense:Year ended December 31,202420232022in millionsOperating lease expense:Operating lease cost$122.8 $128.0 $118.8 Short-term lease cost27.5 29.0 24.6 Total operating lease expense$150.3 $157.0 $143.4 Certain other details of our operating leases are set forth in the tables below.December 31,20242023in millionsOperating lease right-of-use assets (a)$481.2 $475.2 Operating lease liabilities:Current$87.5 $84.3 Noncurrent450.2 483.4 Total operating lease liabilities$537.7 $567.7 Weighted-average remaining lease term7.3 years7.4 yearsWeighted-average discount rate8