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v3.23.1

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, 2023 USD ($) | Mar. 31, 2023 EUR (€) | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2022 EUR (€)
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |
Derivative instrument, credit risk exposure | $ 88,500 |  |  |  |
Maximum length of time hedged in derivative contract | 3 years | 3 years |  |  |
Percentage of debt bearing fixed interest | 84.00% |  |  | 75.00% |
Foreign currency gain (loss) | $ (11,100) |  | $ 7,200 |  |
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 | 10,200,000 |  |  |  |
Amount deposited for cost of ships on order | $ 922,500 |  |  |  |
Percentage of aggregate cost exposed to fluctuations in the euro exchange rate | 49.20% |  |  | 52.30% |
Foreign currency debt |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument | $ 485,512 |  |  | $ 461,859 |
Foreign currency debt | TUI Cruises |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |
Carrying value of non-derivative instrument designated as hedging instrument | 485,500 | € 446.9 |  | 461,900 | € 433.0
Interest rate swaps |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |
Notional amount | 1,900,000 |  |  | 1,900,000 |
Forward Contracts | Not Designated |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |
Notional amount | 1,200,000 |  | 800,000 |  |
Foreign currency forward contracts | Not Designated |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |
Gain (loss) fair value of foreign currency forward contracts recognized in earnings | 4,100 |  | $ (7,000) |  |
Foreign exchange contracts |  |  |  |  |
Gains and losses from derivatives involved in hedging relationships |  |  |  |  |
Notional amount | $ 3,300,000 |  |  | $ 2,900,000 |

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