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Goodwill | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | Note 4. Goodwill As of November 30, 2023, we performed our annual goodwill impairment review and determined there was no impairment of goodwill for the Silversea Cruises and Royal Caribbean International reporting units. The principal assumptions used in the discounted cash flow analyses that support our Silversea Cruises and Royal Caribbean International reporting unit goodwill impairment assessment consisted of: •Forecasted revenues per available passenger cruise day; •Occupancy rates from existing vessels; •Vessel operating expenses; •Terminal growth rate; and •Weighted average cost of capital (i.e., discount rate) In respect to the Silversea Cruises reporting unit, we determined the fair value of the Silversea Cruises reporting unit exceeded its carrying value by approximately 63%, as of November 30, 2023. We did not perform interim impairment evaluations during the quarters ended March 31, 2023, June 30, 2023, and September 30, 2023 as no triggering events were identified. We used a probability weighted discounted cash flow model in combination with a market-based valuation approach for the Silversea reporting unit. This requires the use of assumptions (described above) that are subject to risk and uncertainties. In respect to the Royal Caribbean Reporting unit, we determined the fair value of the Royal Caribbean International reporting unit exceeded its carrying value by more than 100% as of November 30, 2023. We did not perform interim impairment evaluations during the quarters ended March 31, 2023, June 30, 2023, and September 30, 2023 as no triggering events were identified. This requires the use of assumptions (described above) that are subject to risk and uncertainties. The carrying value of goodwill attributable to our Royal Caribbean International, Celebrity Cruises, and Silversea Cruises reporting units during the years ended December 31, 2023 and 2022 were as follows (in millions):
| Royal Caribbean International |  | Celebrity Cruises |  | Silversea Cruises |  | Total
Balance at December 31, 2022 | $ | 296 |  |  | $ | 4 |  |  | $ | 509 |  |  | $ | 809 |
Balance at December 31, 2023 | $ | 296 |  |  | $ | 4 |  |  | $ | 509 |  |  | $ | 809 |
Accumulated impairment losses to the carrying value of goodwill attributable to our reporting units were $576 million as of December 31, 2023 and December 31, 2022.

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