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v3.20.1

Fair Value Measurements and Derivative Instruments - Derivative Instruments, Interest Rate Risk, Foreign Currency Exchange Rate Risk (Narrative) (Details) $ in Thousands, € in Millions, T in Millions | 3 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Mar. 31, 2020 EUR (€) T | Mar. 31, 2020 USD ($) | Mar. 31, 2019 USD ($) | Dec. 31, 2019 EUR (€) | Dec. 31, 2019 USD ($) | Sep. 23, 2020 USD ($) | Mar. 31, 2020 USD ($) T
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Derivative instrument, credit risk exposure |  | $ 19,200 |  |  |  |  |
Maximum length of time hedged in derivative contract | 3 years | 3 years |  |  |  |  |
Percentage of debt bearing fixed interest | 47.00% |  |  |  | 62.10% |  | 47.00%
Scenario, Forecast |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Debt instrument, collateral amount |  |  |  |  |  | $ 80,400 |
Interest rate swaps |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ 3,500,000 |  | $ 3,700,000
Forward Contracts |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Change in fair value of foreign currency forward contracts recognized in earnings |  | $ (52,700) | $ 5,000 |  |  |  |
Forward Contracts | Not Designated |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Notional amount |  |  |  |  |  |  | 549,800
Foreign exchange contracts |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ 2,900,000 |  | $ 3,700,000
Fuel swaps |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Discontinued cash flow hedge, nonmonetary amount | T | 0.2 |  |  |  |  |  | 0.2
Fuel swaps | Other income (expense) |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Discontinued cash flow hedge, reclassification loss |  | 54,900 |  |  |  |  |
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 |  | 13,800,000 |  |  |  |  |
Amount deposited for cost of ships on order |  |  |  |  |  |  | $ 810,900
Percentage of aggregate cost exposed to fluctuations in the euro exchange rate | 63.60% |  |  |  | 65.90% |  | 63.60%
TUI Cruises | Forward Contracts | Designated as Hedging Instrument |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Notional amount | € 245.0 |  |  |  |  |  | $ 268,800
Foreign currency debt |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument |  | 313,799 |  |  | $ 358,078 |  |
Foreign currency debt | TUI Cruises |  |  |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument | € 286.0 | $ 313,800 |  | € 319.0 | $ 358,100 |  |

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