Company: LBTYK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001570585-25-000223
Chunk: 73

Company: Liberty Global Ltd.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 73
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 protect against (i) increases in the interest rates on our variable-rate debt, (ii) foreign currency movements, particularly with respect to borrowings that are denominated in a currency other than the functional currency of the borrowing entity, and (iii) decreases in the market prices of certain publicly-traded securities that we own. In this regard, through our subsidiaries, we have entered into various derivative instruments to manage interest rate exposure and foreign currency exposure primarily with respect to the U.S. dollar ($), the euro (€) and the British pound sterling (£). Generally, we only apply hedge accounting to our derivative instruments in limited circumstances. Accordingly, changes in the fair values of most of our derivative instruments are recorded in realized and unrealized gains or losses on derivative instruments, net, in our condensed consolidated statements of operations.The following table provides details of the fair values of our derivative instrument assets and liabilities: September 30, 2025December 31, 2024 CurrentLong-termTotalCurrentLong-termTotal in millionsAssets (a):Cross-currency and interest rate derivative contracts (b)$143.5 $96.0 $239.5 $253.8 $369.4 $623.2 Equity-related derivative instruments (c)— — — 26.1 187.3 213.4 Foreign currency forward and option contracts0.8 — 0.8 6.5 — 6.5 Other7.2 0.2 7.4 0.6 0.2 0.8 Total$151.5 $96.2 $247.7 $287.0 $556.9 $843.9 Liabilities (a):Cross-currency and interest rate derivative contracts (b)$79.3 $153.5 $232.8 $144.6 $38.5 $183.1 Foreign currency forward and option contracts4.7 — 4.7 3.3 — 3.3 Other7.2 0.3 7.5 — — — Total$91.2 $153.8 $245.0 $147.9 $38.5 $186.4 _______________ (a)Our long-term derivative assets and current and long-term derivative liabilities are included in other assets, net, other accrued and current liabilities and other long