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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net earnings $ 1,440.3 $ 1,017.7
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Share-based compensation expense 63.4 55.2
Depreciation and amortization 634.2 783.5
Impairment, restructuring and other operating items, net 44.4 31.0
Amortization of deferred financing costs and non-cash interest 10.3 12.7
Realized and unrealized gains on derivative instruments, net (811.1) (1,237.3)
Foreign currency transaction gains, net (303.1) (391.7)
Realized and unrealized losses (gains) due to changes in fair values of certain investments and debt, net (194.6) 529.8
Losses on debt extinguishment, net 0.0 54.5
Share of results of affiliates, net (1.7) (33.4)
Deferred income tax expense 123.4 115.8
Changes in operating assets and liabilities, net of the effects of acquisitions and dispositions (184.3) (488.0)
Net cash provided by operating activities 821.2 449.8
Cash flows from investing activities:    
Cash paid for investments (1,551.0) (3,221.0)
Cash received from sale of investments 1,540.3 1,221.6
Capital expenditures, net (475.8) (347.8)
Other investing activities, net (22.9) (2.0)
Net cash used by investing activities (509.4) (2,349.2)
Cash flows from financing activities:    
Repayments and repurchases of debt and finance lease obligations (1,365.1) (2,441.3)
Borrowings of debt 1,007.2 1,961.3
Repurchases of Liberty Global ordinary shares (311.2) (199.3)
Net cash paid related to derivative instruments (11.5) (27.4)
Payment of financing costs and debt premiums (3.3) (43.6)
Repurchases by Telenet of its outstanding shares 0.0 (32.0)
Other financing activities, net (15.8) (0.9)
Net cash used by financing activities (699.7) (783.2)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (46.3) (16.2)
Net decrease in cash and cash equivalents and restricted cash (434.2) (2,698.8)
Cash and cash equivalents and restricted cash:    
Beginning of period 4,717.3 8,180.9
Net decrease (434.2) (2,698.8)
End of period 4,283.1 5,482.1
Cash paid for interest 405.3 389.7
Net cash received for taxes $ 7.6 $ 4.7