XML 85 R70.htm IDEA: XBRL DOCUMENT
v3.20.1

Fair Value Measurements and Derivative Instruments - Designated Cash Flow Hedges (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative | $ (322,985) | $ 61,565 |
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income | (22,380) | 12,722 |
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net [Abstract] |  |  |
Net inception fair value at January 1, 2020 |  |  | $ (8,008)
Amount of gain recognized in income on derivatives for the period ended March 31, 2020 | 1,617 |  |
Amount of gain (loss) remaining to be amortized in accumulated other comprehensive loss, as of March 31, 2020 | 1,654 |  |
Fair value at March 31, 2020 | (4,737) |  |
Interest rate swaps |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative | (52,595) | (28,329) |
Interest rate swaps | Interest expense, net of interest capitalized |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income | (3,391) | (391) |
Foreign currency forward contracts |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative | (100,014) | (90,144) |
Foreign currency forward contracts | Depreciation and amortization expenses |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income | (3,337) | (3,334) |
Foreign currency forward contracts |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative | 0 | 0 |
Foreign currency forward contracts | Other income (expense) |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income | (1,763) | (1,315) |
Fuel swaps |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative | 0 | 0 |
Fuel swaps | Other income (expense) |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income | 344 | (256) |
Fuel swaps | Fuel |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income | (14,233) | 18,018 |
Fuel Swap |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative | (170,376) | 180,038 |
Fuel Swap | Fuel |  |  |
Effect of derivative instruments involved in hedging on the consolidated financial statements |  |  |
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income | $ (14,233) | $ 18,018 |

X
- Definition Fair Value Of Excluded Component For Net Investment Hedge + References No definition available. + Details
Name: | rcl_FairValueOfExcludedComponentForNetInvestmentHedge
Namespace Prefix: | rcl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Gain Recognized In Income Related To Excluded Component For Net Investment Hedge + References No definition available. + Details
Name: | rcl_GainRecognizedInIncomeRelatedToExcludedComponentForNetInvestmentHedge
Namespace Prefix: | rcl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Loss Recognized In Other Comprehensive Income (Loss) Related To Excluded Component For Net Investment Hedge + References No definition available. + Details
Name: | rcl_LossRecognizedInOtherComprehensiveIncomeLossRelatedToExcludedComponentForNetInvestmentHedge
Namespace Prefix: | rcl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Net Inception Fair Value Of Excluded Component For Net Investment Hedge + References No definition available. + Details
Name: | rcl_NetInceptionFairValueOfExcludedComponentForNetInvestmentHedge
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_DerivativeInstrumentsGainLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Amount, before tax and reclassification, of gain (loss) from derivative instrument designated and qualifying cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109974929&loc=SL110061190-113977 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, before tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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_IncomeStatementLocationAxis=us-gaap_InterestExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=rcl_DepreciationAndAmortizationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OtherNonoperatingIncomeExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=rcl_FuelCostsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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