XML 73 R62.htm IDEA: XBRL DOCUMENT
v3.19.2

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 | 6 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | ---
Jun. 30, 2019 USD ($) ship | Jun. 30, 2018 USD ($) | Jun. 30, 2019 USD ($) ship | Jun. 30, 2019 EUR (€) | Jun. 30, 2018 USD ($) | Dec. 31, 2018 USD ($) | Dec. 31, 2018 EUR (€) | Jun. 30, 2019 EUR (€) ship | Apr. 30, 2019 ship
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Derivative instrument, credit risk exposure |  |  | $ 2,000 |  |  | $ 5,600 |  |  |
Maximum length of time hedged in derivative contract |  |  | 3 years | 3 years |  |  |  |  |
Percentage of debt bearing fixed interest | 65.40% |  | 65.40% |  |  | 59.10% |  | 65.40% |
Change in fair value of contingent consideration | $ 10,700 |  | $ 10,700 |  | $ 0 |  |  |  |
Interest rate swaps |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Derivative, notional amount | 3,700,000 |  | 3,700,000 |  |  | $ 3,400,000 |  |  |
Forward Contracts |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Change in fair value of foreign currency forward contracts recognized in earnings | (4,200) | $ (36,900) | 800 |  | $ (31,300) |  |  |  |
Forward Contracts | Not Designated |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Derivative, notional amount | 719,400 |  | 719,400 |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Derivative, notional amount | 3,100,000 |  | 3,100,000 |  |  | $ 3,200,000 |  |  |
Cruise ships on order |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Aggregate cost of ships on order, not including partner brands on order |  |  | 10,300,000 |  |  |  |  |  |
Amount deposited for cost of ships on order | $ 614,000 |  | $ 614,000 |  |  |  |  |  |
Percentage of aggregate cost exposed to fluctuations in the euro exchange rate | 55.60% |  | 55.60% |  |  | 53.50% |  | 55.60% |
TUI Cruises | Forward Contracts | Designated as Hedging Instrument |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Derivative, notional amount | $ 197,000 |  | $ 197,000 |  |  |  |  | € 173.0 |
Foreign currency debt |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument |  |  | (224,874) |  |  | $ 320,152 |  |  |
Foreign currency debt | TUI Cruises |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument |  |  | $ 224,900 | € 197.5 |  | $ 320,200 | € 280.0 |  |
Royal Caribbean International Cruise Ships | Silversea Cruises | Cruise ships on order |  |  |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |  |  |
Number of ships under construction | ship | 2 |  | 2 |  |  |  |  | 2 | 2

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 Represents the number of ship under construction. + References No definition available. + Details
Name: | rcl_NumberOfShipsUnderConstruction
Namespace Prefix: | rcl_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

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 Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 4 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479 + Details
Name: | us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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 Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + 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://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_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: | srt_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: |

X
- Details
Name: | dei_LegalEntityAxis=rcl_RoyalCaribbeanInternationalCruiseShipsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rcl_CruiseShipsOnOrderAxis=rcl_SilverseaCruisesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |