XML 17 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Total revenues $ 4,452 $ 3,999
Cruise operating expenses:    
Total cruise operating expenses 2,247 2,079
Marketing, selling and administrative expenses 582 562
Depreciation and amortization expenses 461 412
Operating Income 1,162 945
Other income (expense):    
Interest income 5 2
Interest expense, net of interest capitalized (278) (249)
Equity investment income 84 48
Other income 2 5
Income before income taxes 976 751
Provision for income taxes (26) (16)
Net Income 950 736
Less: Net Income attributable to noncontrolling interest 8 6
Net Income attributable to Royal Caribbean Cruises Ltd. $ 941 $ 730
Earnings per Share:    
Basic (in dollars per share) [1] $ 3.49 $ 2.71
Diluted (in dollars per share) [1] $ 3.48 $ 2.70
Weighted-Average Shares Outstanding:    
Basic (in shares) 270 269
Diluted (in shares) 271 276
Comprehensive Income (Loss)    
Net Income $ 950 $ 736
Other comprehensive income (loss):    
Foreign currency translation adjustments 0 (17)
Change in defined benefit plans (2) (4)
Gain on cash flow derivative hedges 221 128
Total other comprehensive income 220 107
Comprehensive Income 1,170 842
Less: Comprehensive Income attributable to noncontrolling interest 8 6
Comprehensive Income attributable to Royal Caribbean Cruises Ltd. 1,161 837
Passenger ticket revenues    
Total revenues 3,021 2,744
Onboard and other revenues    
Total revenues 1,431 1,255
Cruise operating expenses:    
Total cruise operating expenses 212 200
Commissions, transportation and other    
Cruise operating expenses:    
Total cruise operating expenses 564 522
Payroll and related    
Cruise operating expenses:    
Total cruise operating expenses 400 340
Food    
Cruise operating expenses:    
Total cruise operating expenses 264 239
Fuel    
Cruise operating expenses:    
Total cruise operating expenses 265 277
Other operating    
Cruise operating expenses:    
Total cruise operating expenses $ 542 $ 500
[1] Per share amounts may not calculate due to the use of rounded numbers.