Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 166

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 9C
Chunk 166
---
 into agreements that commit our company to make cash payments in future periods with respect to purchases of CPE and other equipment and services, network and connectivity commitments, programming contracts and other items. The following table sets forth the U.S. dollar equivalents of such commitments as of December 31, 2024. The commitments included in this table do not reflect any liabilities that are included on our December 31, 2024 consolidated balance sheet.  Payments due during:  20252026202720282029ThereafterTotal in millionsPurchase commitments$621.3 $520.1 $468.8 $435.6 $79.9 $36.9 $2,162.6 Network and connectivity    commitments80.3 48.6 11.0 7.9 7.5 0.2 155.5 Programming commitments108.6 17.6 8.0 0.1 — — 134.3 Other commitments344.5 178.7 17.6 11.2 7.8 6.3 566.1 Total$1,154.7 $765.0 $505.4 $454.8 $95.2 $43.4 $3,018.5 Purchase commitments include unconditional and legally binding obligations related to (i) certain service-related commitments, including software development, information technology, maintenance and call center services and (ii) the purchase of CPE.Network and connectivity commitments include certain equipment and service-related commitments at Telenet. Programming commitments consist of obligations associated with certain of our programming, studio output and sports rights contracts that are enforceable and legally binding on us as we have agreed to pay minimum fees without regard to (i) the actual number of subscribers to the programming services, (ii) whether we terminate service to a portion of our subscribers or dispose of a portion of our distribution systems or (iii) whether we discontinue our premium sports services. Programming commitments do not include increases in future periods associated with contractual inflation or other price adjustments that are not fixed. Accordingly, the amounts reflected in the above table with respect to these contracts are significantly less than the amounts we expect to pay in these periods under these contracts. Historically, payments to programming vendors have represented a significant portion of our operating costs, and we expect this will continue to be the case in future periods. In this regard, our total programming