Company: LBTYK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001570585-25-000223
Chunk: 89

Company: Liberty Global Ltd.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 89
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 lease ROU assets of $29.6 million and $83.6 million, respectively.(b)Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheets. At September 30, 2025, the weighted average remaining lease term for finance leases was 7.6 years and the weighted average discount rate was 8.6%. During the nine months ended September 30, 2025 and 2024, we recorded non-cash additions to our finance lease ROU assets of nil and $0.6 million, respectively.

35

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

(c)The current portions of our operating lease liabilities are included within other accrued and current liabilities on our condensed consolidated balance sheets.(d)The current and long-term portions of our finance lease liabilities are included within current portion of debt and finance lease obligations and long-term debt and finance lease obligations, respectively, on our condensed consolidated balance sheets.A summary of our aggregate lease expense is set forth below: Three months endedSeptember 30,Nine months endedSeptember 30, 2025202420252024 in millionsFinance lease expense:Depreciation and amortization$1.9 $0.9 $5.3 $2.5 Interest expense0.9 0.2 2.3 0.7 Total finance lease expense2.8 1.1 7.6 3.2 Operating lease expense (a)32.1 27.7 88.4 79.8 Short-term lease expense (a)0.1 0.1 0.3 0.3 Variable lease expense (b)0.3 0.3 1.1 1.0 Total lease expense$35.3 $29.2 $97.4 $84.3 _______________(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 due to changes in circumstances that occur after the lease commencement date. Variable lease payments are expensed as incurred and are included in other operating expenses in our