XML 52 R40.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Fair Value Measurements and Derivative Instruments - Derivative Instruments, Interest Rate Risk, Foreign Currency Exchange Rate Risk (Narrative) (Details) $ in Thousands, € in Millions | 3 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Mar. 31, 2018 USD ($) | Mar. 31, 2018 EUR (€) | Dec. 31, 2017 USD ($) | Mar. 31, 2017 USD ($) | Dec. 31, 2017 USD ($) | Dec. 31, 2017 EUR (€) | Mar. 31, 2018 EUR (€)
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Derivative instrument, credit risk exposure | $ 273,400 |  | $ 212,800 |  |  |  |
Maximum length of time hedged in derivative contract | 3 years | 3 years |  |  |  |  |
Percentage of debt bearing fixed interest | 60.90% |  | 57.40% |  | 57.40% |  | 60.90%
Interest rate swaps |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Derivative, notional amount |  |  | $ 3,800,000 |  | $ 3,800,000 |  |
Forward Contracts |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Change in fair value of foreign currency forward contracts recognized in earnings | $ 5,600 |  |  | $ 13,800 |  |  |
Forward Contracts | Not Designated |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Derivative, notional amount | 770,500 |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Derivative, notional amount | 4,000,000 |  | $ 4,600,000 |  | $ 4,600,000 |  |
Cruise ships on order |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Aggregate cost of ships on order, not including TUI cruises on order | 11,700,000 |  |  |  |  |  |
Amount deposited for cost of ships on order | $ 419,000 |  |  |  |  |  |
Percentage of aggregate cost exposed to fluctuations in the euro exchange rate | 55.90% |  | 54.00% |  | 54.00% |  | 55.90%
TUI Cruises | Forward Contracts | Designated as Hedging Instrument |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Derivative, notional amount | $ 124,200 |  |  |  |  |  | € 101.0
Foreign currency debt |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument | 370,260 |  |  |  | $ 295,323 |  |
Foreign currency debt | TUI Cruises |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument | $ 370,600 | € 301.0 |  |  | $ 295,300 | € 246.0 |

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Derivative instrument, Credit Risk Exposure + References No definition available. + Details
Name: | rcl_DerivativeinstrumentCreditRiskExposure
Namespace Prefix: | rcl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Maximum length of time over which the entity is hedging its exposure. + References No definition available. + Details
Name: | rcl_MaximumLengthOfTimeHedgedInDerivativeContract
Namespace Prefix: | rcl_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of Aggregate Cost Exposed to Fluctuations in the Euro Exchange Rate. + References No definition available. + Details
Name: | rcl_PercentageOfAggregateCostExposedToFluctuationsInEuroExchangeRate
Namespace Prefix: | rcl_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Purchase Contract, Deposit. + References No definition available. + Details
Name: | rcl_PurchaseContractDeposit
Namespace Prefix: | rcl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of gain (loss) recognized in earnings in the period from the increase (decrease) in fair value of foreign currency derivatives not designated as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
Name: | us-gaap_GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The interest rate applicable to the portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a set, unchanging rate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtPercentageBearingFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The minimum amount the entity agreed to spend under the long-term purchase commitment. + References No definition available. + Details
Name: | us-gaap_LongTermPurchaseCommitmentAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payments on a nonderivative instrument. + References No definition available. + Details
Name: | us-gaap_NotionalAmountOfNonderivativeInstruments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForwardContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis=us-gaap_CapitalAdditionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=rcl_TUICruisesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NetInvestmentHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |