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Earnings Per Share
 9 Months Ended
Sep. 30, 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 September 30,Nine Months Ended September 30,
 2025202420252024
Net Income attributable to Royal Caribbean Cruises Ltd. for basic earnings per share$1,575 $1,111 $3,514 $2,325 
Add convertible notes interest and inducement expense— — 16 169 
Net Income attributable to Royal Caribbean Cruises Ltd. for diluted earnings per share1,575 1,111 3,530 2,494 
Weighted-average common shares outstanding272 263 271 259 
Dilutive effect of stock-based awards1 1 1 1 
Dilutive effect of convertible notes1 — 3 20 
Diluted weighted-average shares outstanding274 264 275 280 
Basic earnings per share (1)
$5.79 $4.22 $12.97 $8.98 
Diluted earnings per share (1)
$5.74 $4.21 $12.83 $8.91 
(1) Per share amounts may not calculate due to the use of rounded numbers.
There were no antidilutive shares for the quarter and nine months ended September 30, 2025, respectively, compared to 14,706,077 antidilutive shares from our convertible notes for the quarter ended September 30, 2024, and no antidilutive shares for the nine months ended September 30, 2024.