v3.26.3
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 97   97        
Common stock dividends (683)     (683)      
Convertible notes settlement (7)   (7)        
Changes related to cash flow derivative hedges 304       304    
Change in defined benefit plans (2)       (2)    
Foreign currency translation adjustments (28)       (28)    
Repurchase of common stock (666)         (666)  
Net Income attributable to Noncontrolling interest 15           15
Other activity attributable to noncontrolling interest 9           9
Net Income attributable to Royal Caribbean Cruises Ltd. 3,514     3,514      
Ending balance at Sep. 30, 2025 10,288 3 7,921 5,443 (528) (2,747) 196
Beginning balance at Jun. 30, 2025 9,360 3 7,874 4,144 (519) (2,333) 191
Increase (Decrease) in Stockholders' Equity              
Activity related to employee stock plans 47   47        
Common stock dividends (276)     (276)      
Changes related to cash flow derivative hedges (5)       (5)    
Change in defined benefit plans (2)       (2)    
Foreign currency translation adjustments (2)       (2)    
Repurchase of common stock (414)         (414)  
Net Income attributable to Noncontrolling interest 4           4
Other activity attributable to noncontrolling interest 1           1
Net Income attributable to Royal Caribbean Cruises Ltd. 1,575     1,575      
Ending balance at Sep. 30, 2025 10,288 3 7,921 5,443 (528) (2,747) 196
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 (38)   (38)        
Common stock dividends (1,211)     (1,211)      
Changes related to cash flow derivative hedges 215       215    
Change in defined benefit plans 11       11    
Foreign currency translation adjustments (6)       (6)    
Repurchase of common stock (1,083)         (1,083)  
Net Income attributable to Noncontrolling interest 23           23
Other activity attributable to noncontrolling interest (41)   (10)       (31)
Net Income attributable to Royal Caribbean Cruises Ltd. 3,798     3,798      
Ending balance at Sep. 30, 2026 11,913 3 7,916 8,512 (384) (4,334) 200
Beginning balance at Jun. 30, 2026 10,461 3 7,896 7,187 (516) (4,334) 225
Increase (Decrease) in Stockholders' Equity              
Activity related to employee stock plans 30   30        
Common stock dividends (403)     (403)      
Changes related to cash flow derivative hedges 131       131    
Change in defined benefit plans 7       7    
Foreign currency translation adjustments (6)       (6)    
Net Income attributable to Noncontrolling interest 7           7
Other activity attributable to noncontrolling interest (42)   (10)       (32)
Net Income attributable to Royal Caribbean Cruises Ltd. 1,728     1,728      
Ending balance at Sep. 30, 2026 $ 11,913 $ 3 $ 7,916 $ 8,512 $ (384) $ (4,334) $ 200