v3.26.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 7,735 $ 3 $ 7,831 $ 2,612 $ (802) $ (2,081) $ 172
Increase (Decrease) in Stockholders' Equity              
Activity related to employee stock plans 50   50        
Common stock dividends (408)     (408)      
Convertible notes settlement (7)   (7)        
Changes related to cash flow derivative hedges 309       309    
Change in defined benefit plans 0            
Foreign currency translation adjustments (26)       (26)    
Repurchase of common stock (252)         (252)  
Net Income attributable to Noncontrolling interest 10           10
Other activity attributable to noncontrolling interest 9           9
Net Income attributable to Royal Caribbean Cruises Ltd. 1,940     1,940      
Ending balance at Jun. 30, 2025 9,360 3 7,874 4,144 (519) (2,333) 191
Beginning balance at Mar. 31, 2025 8,142 3 7,846 3,139 (695) (2,333) 182
Increase (Decrease) in Stockholders' Equity              
Activity related to employee stock plans 42   42        
Common stock dividends (205)     (205)      
Convertible notes settlement (14)   (14)        
Changes related to cash flow derivative hedges 181       181    
Change in defined benefit plans 4       4    
Foreign currency translation adjustments (9)       (9)    
Net Income attributable to Noncontrolling interest 5           5
Other activity attributable to noncontrolling interest 4           4
Net Income attributable to Royal Caribbean Cruises Ltd. 1,210     1,210      
Ending balance at Jun. 30, 2025 9,360 3 7,874 4,144 (519) (2,333) 191
Beginning balance at Dec. 31, 2025 10,245 3 7,964 5,925 (604) (3,251) 208
Increase (Decrease) in Stockholders' Equity              
Activity related to employee stock plans (68)   (68)        
Common stock dividends (808)     (808)      
Changes related to cash flow derivative hedges 84       84    
Change in defined benefit plans 4       4    
Foreign currency translation adjustments 0            
Repurchase of common stock (1,083)         (1,083)  
Net Income attributable to Noncontrolling interest 16           16
Other activity attributable to noncontrolling interest 1           1
Net Income attributable to Royal Caribbean Cruises Ltd. 2,070     2,070      
Ending balance at Jun. 30, 2026 10,461 3 7,896 7,187 (516) (4,334) 225
Beginning balance at Mar. 31, 2026 10,028 3 7,867 6,460 (385) (4,135) 218
Increase (Decrease) in Stockholders' Equity              
Activity related to employee stock plans 29   29        
Common stock dividends (401)     (401)      
Changes related to cash flow derivative hedges (137)       (137)    
Change in defined benefit plans 6       6    
Foreign currency translation adjustments 0            
Repurchase of common stock (199)         (199)  
Net Income attributable to Noncontrolling interest 8           8
Other activity attributable to noncontrolling interest (1)           (1)
Net Income attributable to Royal Caribbean Cruises Ltd. 1,128     1,128      
Ending balance at Jun. 30, 2026 $ 10,461 $ 3 $ 7,896 $ 7,187 $ (516) $ (4,334) $ 225