Company: LBTYK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001570585-25-000223
Chunk: 81

Company: Liberty Global Ltd.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 81
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 our condensed consolidated balance sheet as of September 30, 2025.

28

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

(b)As of September 30, 2025, $363.5 million of our Level 3 investments were accounted for under the measurement alternative at cost less impairment, adjusted for observable price changes. 

(8)    Long-lived Assets

Property and Equipment, NetThe details of our property and equipment and the related accumulated depreciation are set forth below:September 30,2025December 31,2024 in millionsDistribution systems$7,086.1 $5,702.7 Support equipment, buildings and land3,005.5 2,518.0 CPE1,125.7 843.1 Total property and equipment, gross11,217.3 9,063.8 Accumulated depreciation(6,052.0)(4,737.8)Total property and equipment, net$5,165.3 $4,326.0 During the nine months ended September 30, 2025 and 2024, we recorded non-cash increases to our property and equipment related to vendor financing arrangements of $72.7 million and $59.3 million, respectively, which exclude related value-added taxes (VAT) of $12.0 million and $7.7 million, respectively, that were also financed under these arrangements.GoodwillChanges in the carrying amount of our goodwill during the nine months ended September 30, 2025 are set forth below:January 1, 2025Acquisitionsand relatedadjustmentsForeigncurrencytranslationadjustments and otherSeptember 30,2025 in millionsTelenet$2,656.4 $0.6 $361.5 $3,018.5 VM Ireland250.8 — 34.1 284.9 Other245.4 30.4 35.9 311.7 Total$3,152.6 $31.0 $431.5 $3,615.1 If, among other factors, the adverse impacts of economic, competitive, regulatory or other factors were to cause our results of operations or cash flows to be worse than anticipated, we could conclude in future periods that impairment charges are required in order to reduce the carrying values