XML 64 R41.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Fair Value Measurements and Derivative Instruments - Interest Rate Risk (Details) - USD ($) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018
Interest Rate Fair Value Hedges [Abstract] |  |  |  |
Unsecured term loan |  |  |  | $ 130,000,000
Interest rate swaps | Fair Value Hedging |  |  |  |
Interest Rate Fair Value Hedges [Abstract] |  |  |  |
Long-term debt |  | $ 772,500,000 | $ 772,500,000 |
Interest rate swaps | Fair Value Hedging | Oasis of the Seas term loan |  |  |  |
Interest Rate Fair Value Hedges [Abstract] |  |  |  |
Long-term debt |  | $ 122,500,000 | $ 122,500,000 |
Debt Fixed Rate |  | 5.41% | 5.41% |
Interest rate swaps | Fair Value Hedging | Unsecured senior notes |  |  |  |
Interest Rate Fair Value Hedges [Abstract] |  |  |  |
Unsecured term loan |  | $ 650,000,000 | $ 650,000,000 |
Debt Fixed Rate |  | 5.25% | 5.25% |
Interest rate swaps | Cash flow hedge |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Swap notional amount |  | $ 2,785,126,000 | $ 2,785,126,000 |
Interest rate swaps | Cash flow hedge | Celebrity Reflection term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Swap notional amount |  | $ 354,521,000 | $ 354,521,000 |
All-in Swap Fixed Rate |  | 2.85% | 2.85% |
Interest rate swaps | Cash flow hedge | Quantum of the Seas term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Swap notional amount |  | $ 520,625,000 | $ 520,625,000 |
All-in Swap Fixed Rate |  | 3.74% | 3.74% |
Interest rate swaps | Cash flow hedge | Anthem of the Seas term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Swap notional amount |  | $ 543,750,000 | $ 543,750,000 |
All-in Swap Fixed Rate |  | 3.86% | 3.86% |
Interest rate swaps | Cash flow hedge | Ovation of the Seas term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Swap notional amount |  | $ 691,667,000 | $ 691,667,000 |
All-in Swap Fixed Rate |  | 3.16% | 3.16% |
Interest rate swaps | Cash flow hedge | Harmony of the Seas Unsecured Term Loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Swap notional amount | [1] | $ 674,563,000 | $ 674,563,000 |
All-in Swap Fixed Rate | [1] | 2.26% | 2.26% |
LIBOR |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Debt Floating Rate |  | 1.195% |  |
LIBOR | Interest rate swaps | Fair Value Hedging | Oasis of the Seas term loan |  |  |  |
Interest Rate Fair Value Hedges [Abstract] |  |  |  |
Swap Floating Rate: LIBOR plus |  | 3.87% | 3.87% |
All-in swap floating rate |  | 6.39% | 6.39% |
LIBOR | Interest rate swaps | Fair Value Hedging | Unsecured senior notes |  |  |  |
Interest Rate Fair Value Hedges [Abstract] |  |  |  |
Swap Floating Rate: LIBOR plus |  | 3.63% | 3.63% |
All-in swap floating rate |  | 5.97% | 5.97% |
LIBOR | Interest rate swaps | Cash flow hedge | Celebrity Reflection term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Debt Floating Rate |  |  | 0.40% |
LIBOR | Interest rate swaps | Cash flow hedge | Quantum of the Seas term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Debt Floating Rate |  |  | 1.30% |
LIBOR | Interest rate swaps | Cash flow hedge | Anthem of the Seas term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Debt Floating Rate |  |  | 1.30% |
LIBOR | Interest rate swaps | Cash flow hedge | Ovation of the Seas term loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Debt Floating Rate |  |  | 1.00% |
EURIBOR | Interest rate swaps | Cash flow hedge | Harmony of the Seas Unsecured Term Loan |  |  |  |
Interest Rate Cash Flow Hedges [Abstract] |  |  |  |
Debt Floating Rate | [1] |  | 1.15% |
[1] | Interest rate swap agreements hedging the Euro-denominated term loan for Harmony of the Seas include EURIBOR zero-floor matching the hedged debt EURIBOR zero-floor. Amount presented is based on the exchange rate as of June 30, 2018.

X
- Definition Represents the maximum borrowing which the company has arranged for each ship constructed. + References No definition available. + Details
Name: | rcl_UnsecuredTermLoanMaximumBorrowingCommitmentPerShip
Namespace Prefix: | rcl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage points added to the reference rate to compute the variable rate on the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeBasisSpreadOnVariableRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Variable interest rate in effect as of the balance sheet date related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeVariableInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_InterestRateCashFlowHedgesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InterestRateFairValueHedgesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=109500613&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rcl_OasisoftheSeasUnsecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rcl_FixedRate5.25PercentDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rcl_FloatingRateCelebrityReflectionTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rcl_QuantumOfTheSeasUnsecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rcl_AnthemOfTheSeasUnsecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rcl_OvationoftheSeasUnsecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rcl_HarmonyoftheSeasUnsecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=rcl_EuroInterbankOfferedRateEURIBORDomain
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |