Company: LBTYK
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001570585-25-000114
Chunk: 73

Company: Liberty Global Ltd.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 73
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8 Interest expense0.8 0.2 Total finance lease expense2.8 1.0 Operating lease expense (a)28.2 25.3 Short-term lease expense (a)0.1 0.1 Variable lease expense (b)0.4 0.3 Total lease expense$31.5 $26.7 _______________(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: Three months endedMarch 31,20252024in millionsCash paid for amounts included in the measurement of lease liabilities:Operating cash outflows from operating leases$12.5 $23.6 Operating cash outflows from finance leases (interest component)0.8 0.2 Financing cash outflows from finance leases (principal component)1.9 0.9 Total cash outflows from operating and finance leases$15.2 $24.7 

33

LIBERTY GLOBAL LTD.Notes to Condensed Consolidated Financial Statements — (Continued)March 31, 2025(unaudited)

Maturities of our operating and finance lease liabilities as of March 31, 2025 are presented below. Amounts represent U.S. dollar equivalents based on March 31, 2025 exchange rates.Operating leases (a)Finance leases in millionsYear ending December 31:2025 (remainder of year)$83.5 $7.8 2026103.6 8.5 202791.9 7.0 202884.8 4.0 202981.0 2.8 203080.1 1.6 Thereafter519.5 11.8 Total payments1,044.4 43.5 Less: present value discount(270.4)(9.4)Present value of lease payments$774.0 $34.1 Current portion$