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Earnings (Loss) Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Note 12. Earnings (Loss) Per Share
A reconciliation between basic and diluted Earnings (Loss) per share is as follows (in millions, except per share data):
Year Ended December 31,
202420232022
Net Income (loss) attributable to Royal Caribbean Cruises Ltd. for basic earnings (loss) per share$2,877 $1,697 $(2,156)
Add convertible notes interest and inducement expense175 88 — 
Net Income (loss) attributable to Royal Caribbean Cruises Ltd. for diluted earnings (loss) per share$3,052 $1,785 $(2,156)
Weighted-average common shares outstanding261 256 255 
Dilutive effect of stock-based awards1 1 — 
Diluted effect of convertible notes17 26 — 
Diluted weighted-average shares outstanding279 283 255 
Basic earnings (loss) per share (1)
$11.00 $6.63 $(8.45)
Diluted earnings (loss) per share (1)
$10.94 $6.31 $(8.45)
(1) Per share amounts may not calculate due to the use of rounded numbers.
There were no antidilutive shares for year ended December 31, 2024 and 2023, respectively, compared to 31,027,815 antidilutive shares from our stock-based awards and convertible notes for the year ended December 31, 2022.