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Earnings Per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
Note 4. Earnings Per Share
Basic and diluted earnings per share is as follows (in millions, except per share data):
Quarter Ended March 31,
 20252024
Net Income attributable to Royal Caribbean Cruises Ltd. for basic earnings per share$730 $360 
Add convertible notes interest and inducement expense15 19 
Net Income attributable to Royal Caribbean Cruises Ltd. for diluted earnings per share745 379 
Weighted-average common shares outstanding269 257 
Dilutive effect of stock-based awards
Dilutive effect of convertible notes23 
Diluted weighted-average shares outstanding276 281 
Basic earnings per share$2.71 $1.40 
Diluted earnings per share$2.70 $1.35 
There were no antidilutive shares for the quarter ended March 31, 2025, and 2024, respectively, from our stock-based awards and convertible notes.