XML 44 R33.htm IDEA: XBRL DOCUMENT v3.19.1

Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lease Balances

A summary of our consolidated ROU assets as of March 31, 2019 is set forth below (in millions):

Operating leases (a)	$	518.4
Finance leases (b)	557.4
Total	$	1,075.8

_______________

(a) Our operating lease ROU assets are included in other assets, net, on our condensed consolidated balance sheet.

(b) Our finance lease ROU assets are included in property and equipment, net, on our condensed consolidated balance sheet.

A summary of additions to our ROU assets during the three months ended March 31, 2019 is set forth below (in millions):

ROU assets recorded during the period associated with:
Operating leases	$	3.5
Finance leases (a)	12.2
Total	$	15.7

_______________

(a) During the three months ended March 31, 2018, we recorded additions to our ROU assets associated with finance leases of $23.9 million.

A summary of our consolidated lease liabilities as of March 31, 2019 is set forth below (in millions):

Operating leases (a)	$	525.4
Finance leases (b)	631.5
Total	$	1,156.9

_______________

(a) The current and long-term portions of our operating lease liabilities are included within other accrued and current liabilities and other long-term liabilities, respectively, on our condensed consolidated balance sheet.

(b)

The current and long-term portions of our finance lease obligations 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. As of December 31, 2018, we had $621.3 million of finance lease liabilities included on our condensed consolidated balance sheet.

Lease Expense and Cash Outflows from Operating and Finance Leases

A summary of our aggregate lease expense for the three months ended March 31, 2019 is set forth below (in millions): 

Finance lease expense:
Depreciation and amortization	$	22.7
Interest expense	8.1
Total finance lease expense	30.8
Operating lease expense (a)	33.2
Short-term lease expense (a)	1.9
Variable lease expense (b)	1.1
Total lease expense	$	67.0

_______________

(a) Our operating lease expense and short-term lease expense are included in other operating expenses, SG&A expenses and impairment, restructuring and other operating items 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 recorded during the three months ended March 31, 2019 is set forth below (in millions): 

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	35.7
Operating cash outflows from finance leases	8.1
Financing cash outflows from finance leases	18.1
Total cash outflows from operating and finance leases	$	61.9

Maturities of Operating Lease Liabilities

Maturities of our operating and finance lease obligations as of March 31, 2019 are presented below. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates:

	Operating leases				Finance leases
	in millions
Year ending December 31:
2019 (remainder of year)	$	95.5			$	91.6
2020	107.8				103.4
2021	88.5				94.7
2022	74.6				92.7
2023	63.3				91.2
2024	75.1				51.5
Thereafter	161.1				421.9
Total payments	665.9				947.0
Less: present value discount	(140.5		)		(315.5		)
Present value of lease payments	$	525.4			$	631.5
Current portion	$	106.6			$	81.0
Noncurrent portion	$	418.8			$	550.5

Maturities of Financing Lease Liabilities

Maturities of our operating and finance lease obligations as of March 31, 2019 are presented below. Amounts represent U.S. dollar equivalents based on March 31, 2019 exchange rates:

	Operating leases				Finance leases
	in millions
Year ending December 31:
2019 (remainder of year)	$	95.5			$	91.6
2020	107.8				103.4
2021	88.5				94.7
2022	74.6				92.7
2023	63.3				91.2
2024	75.1				51.5
Thereafter	161.1				421.9
Total payments	665.9				947.0
Less: present value discount	(140.5		)		(315.5		)
Present value of lease payments	$	525.4			$	631.5
Current portion	$	106.6			$	81.0
Noncurrent portion	$	418.8			$	550.5

Schedule of Future Minimum Rental Payments for Operating Leases

Maturities of our operating and finance lease obligations as of December 31, 2018 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2018 exchange rates:

	Operating leases				Finance leases
	in millions
Year ending December 31:
2019	$	123.9			$	101.4
2020	85.4				107.3
2021	66.6				96.7
2022	54.3				94.5
2023	46.8				93.5
Thereafter	178.6				464.0
Total payments	$	555.6			$	957.4

Schedule of Future Minimum Lease Payments for Capital Leases

Maturities of our operating and finance lease obligations as of December 31, 2018 are presented below. Amounts represent U.S. dollar equivalents based on December 31, 2018 exchange rates:

	Operating leases				Finance leases
	in millions
Year ending December 31:
2019	$	123.9			$	101.4
2020	85.4				107.3
2021	66.6				96.7
2022	54.3				94.5
2023	46.8				93.5
Thereafter	178.6				464.0
Total payments	$	555.6			$	957.4

X

- Definition

Assets And Liabilities, Lessee [Table Text Block]

+ References

No definition available.

+ Details

Name:	lbtya_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix:	lbtya_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=84164817&loc=d3e45280-112737

+ Details

Name:	us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717

+ Details

Name:	us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration