CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 418	$ 497
Trade and other receivables, net of allowances of $8 and $7 at September 30, 2024 and December 31, 2023, respectively	441	405
Inventories	265	248
Prepaid expenses and other assets	667	617
Derivative financial instruments	40	25
Total current assets	1,831	1,792
Property and equipment, net	31,706	30,114
Operating lease right-of-use assets	649	611
Goodwill	809	809
Other assets, net of allowances of $42 and $43 at September 30, 2024 and December 31, 2023, respectively	2,072	1,805
Total assets	37,067	35,131
Current liabilities
Current portion of long-term debt	1,868	1,720
Current portion of operating lease liabilities	68	65
Accounts payable	851	792
Accrued expenses and other liabilities	1,476	1,478
Derivative financial instruments	44	35
Customer deposits	5,324	5,311
Total current liabilities	9,631	9,401
Long-term debt	18,972	19,732
Long-term operating lease liabilities	648	613
Other long-term liabilities	592	486
Total liabilities	29,843	30,232
Shareholders’ equity
Preferred stock ($0.01 par value; 20,000,000 shares authorized; none outstanding)	0	0
Common stock ($0.01 par value; 500,000,000 shares authorized; 297,343,264 and 284,672,386 shares issued, September 30, 2024 and December 31, 2023, respectively)	3	3
Paid-in capital	7,669	7,474
Retained earnings (accumulated deficit)	2,207	(10)
Accumulated other comprehensive loss	(753)	(674)
Treasury stock (28,468,430 and 28,248,125 common shares at cost, September 30, 2024 and December 31, 2023, respectively)	(2,081)	(2,069)
Total shareholders’ equity attributable to Royal Caribbean Cruises Ltd.	7,045	4,724
Noncontrolling Interests	179	175
Total shareholders’ equity	7,224	4,899
Total liabilities and shareholders’ equity	$ 37,067	$ 35,131

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).