Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 87

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 87
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.4 $62.1 $55.1 _______________(a)Our operating lease expense and short-term lease expense are included in programming and other direct costs of services, other operating expenses, SG&A expenses and impairment, restructuring and other operating items, net, in our condensed consolidated statements of operations.(b)Variable lease expense represents payments made to a lessor during the lease term that vary because of a change in circumstance that occurred after the lease commencement date. Variable lease payments are expensed as incurred and are included in other operating expenses in our condensed consolidated statements of operations.A summary of our cash outflows from operating and finance leases is set forth below: Six months endedJune 30,20252024in millionsCash paid for amounts included in the measurement of lease liabilities:Operating cash outflows from operating leases$39.3 $34.6 Operating cash outflows from finance leases (interest component)1.4 0.5 Financing cash outflows from finance leases (principal component)2.8 1.6 Total cash outflows from operating and finance leases$43.5 $36.7 

34

LIBERTY GLOBAL LTD.Notes to Condensed Consolidated Financial Statements — (Continued)June 30, 2025(unaudited)

Maturities of our operating and finance lease liabilities as of June 30, 2025 are presented below. Amounts represent U.S. dollar equivalents based on June 30, 2025 exchange rates.Operating leases (a)Finance leases in millionsYear ending December 31:2025 (remainder of year)$62.4 $7.8 2026112.0 9.4 2027100.1 6.3 202893.1 4.1 202987.8 2.3 203086.8 1.7 Thereafter566.9 12.8 Total payments1,109.1 44.4 Less: present value discount(280.4)(9.5)Present value of lease payments$828.7 $34.9 Current portion$88.4 $7.3 Long-term portion$740.3 $27.6 ______________(a)Operating lease payments exclude $89.8 million of estimated future payments for lease commitments not yet commenced at Telenet, the majority of which are not anticipated to be due until after 2028