XML 18 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenues $ 4,538 $ 4,110 $ 8,537 $ 7,838
Cruise operating expenses:        
Total cruise operating expenses 2,283 2,152 4,362 4,209
Marketing, selling and administrative expenses 508 466 1,071 1,001
Depreciation and amortization expenses 417 393 829 780
Operating Income 1,329 1,099 2,275 1,848
Other income (expense):        
Interest income 12 4 15 9
Interest expense, net of interest capitalized (228) (298) (477) (721)
Equity investment income 107 56 155 97
Other expense (6) (3) (17) (11)
Total other income (expense) (115) (241) (325) (626)
Net Income 1,214 858 1,950 1,222
Less: Net Income attributable to noncontrolling interest 5 4 10 8
Net Income attributable to Royal Caribbean Cruises Ltd. $ 1,210 $ 854 $ 1,940 $ 1,214
Earnings per Share:        
Basic (in dollars per share) $ 4.45 $ 3.32 $ 7.17 $ 4.72
Diluted (in dollars per share) $ 4.41 $ 3.11 $ 7.10 $ 4.46
Weighted-Average Shares Outstanding:        
Basic (in shares) 272 257 270 257
Diluted (in shares) 275 281 275 281
Comprehensive Income (Loss)        
Net Income $ 1,214 $ 858 $ 1,950 $ 1,222
Other comprehensive income (loss):        
Foreign currency translation adjustments (9) 6 (26) 10
Change in defined benefit plans 4 (12) 0 (3)
Gain (loss) on cash flow derivative hedges 181 (31) 309 13
Total other comprehensive income (loss) 176 (37) 283 20
Comprehensive Income 1,391 821 2,233 1,242
Less: Comprehensive Income attributable to noncontrolling interest 5 4 10 8
Comprehensive Income attributable to Royal Caribbean Cruises Ltd. 1,386 817 2,222 1,234
Passenger ticket revenues        
Total revenues 3,199 2,887 5,942 5,429
Onboard and other        
Total revenues 1,339 1,223 2,595 2,409
Cruise operating expenses:        
Total cruise operating expenses 262 244 463 437
Commissions, transportation and other        
Cruise operating expenses:        
Total cruise operating expenses 606 572 1,128 1,070
Payroll and related        
Cruise operating expenses:        
Total cruise operating expenses 329 313 669 631
Food        
Cruise operating expenses:        
Total cruise operating expenses 246 225 486 446
Fuel        
Cruise operating expenses:        
Total cruise operating expenses 279 282 557 586
Other operating        
Cruise operating expenses:        
Total cruise operating expenses $ 561 $ 516 $ 1,061 $ 1,039