XML 70 R54.htm IDEA: XBRL DOCUMENT v3.25.2
Fair Value Measurements and Derivative Instruments - Narrative (Details)
€ in Millions, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2025
EUR (€)
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2024
EUR (€)
Derivatives, Fair Value [Line Items]              
Derivative instrument, credit risk exposure     $ 227        
Maximum length of time hedged in derivative contract     3 years 3 years      
Percentage of debt bearing fixed interest 93.90%   93.90%     92.30%  
Aggregate cost of ships on order, not including partner brands on order     $ 12,100        
Amount deposited for cost of ships on order $ 1,400   $ 1,400        
Percentage of aggregate cost exposed to fluctuations in the euro exchange rate 50.20%   50.20%     43.40%  
Amount of (Loss) Gain Recognized in Income on Derivatives $ 55 $ (5) $ 57   $ (40)    
Exchange gains (losses) recorded in other income (expense) (58) 4 (62)   34    
TUI Cruises | Foreign Currency Debt              
Derivatives, Fair Value [Line Items]              
Carrying Value     808 € 688   $ 921 € 889
Interest rate swaps              
Derivatives, Fair Value [Line Items]              
Notional amount 1,100   1,100     1,200  
Foreign currency forward contracts | Not Designated              
Derivatives, Fair Value [Line Items]              
Notional amount 1,100 964 1,100   964    
Foreign currency forward contracts              
Derivatives, Fair Value [Line Items]              
Notional amount 3,500   3,500     $ 2,700  
Foreign currency forward contracts | Other Income And Expense              
Derivatives, Fair Value [Line Items]              
Amount of (Loss) Gain Recognized in Income on Derivatives $ 53 $ (5) $ 55   $ (40)