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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Balance at Dec. 31, 2017 $ 10,702,303 $ (23,476) $ 2,352 $ 3,390,117 $ 9,022,405 $ (23,476) $ (334,265) $ (1,378,306)
Increase (Decrease) in Stockholders' Equity                
Activity related to employee stock plans 30,789   6 30,783        
Common stock dividends (546,689)       (546,689)      
Changes related to cash flow derivative hedges (286,861)           (286,861)  
Change in defined benefit plans 7,643           7,643  
Foreign currency translation adjustments (14,251)           (14,251)  
Purchases of treasury stock (575,039)             (575,039)
Net (Loss) Income attributable to Royal Caribbean Cruises Ltd. 1,811,042       1,811,042      
Balance at Dec. 31, 2018 11,105,461   2,358 3,420,900 10,263,282   (627,734) (1,953,345)
Increase (Decrease) in Stockholders' Equity                
Activity related to employee stock plans 67,902   7 73,059       (5,164)
Common stock dividends (618,843)       (618,843)      
Changes related to cash flow derivative hedges (151,313)           (151,313)  
Change in defined benefit plans (19,535)           (19,535)  
Foreign currency translation adjustments 869           869  
Purchases of treasury stock (99,582)             (99,582)
Net (Loss) Income attributable to Royal Caribbean Cruises Ltd. 1,878,887       1,878,887      
Balance at Dec. 31, 2019 12,163,846   2,365 3,493,959 11,523,326   (797,713) (2,058,091)
Increase (Decrease) in Stockholders' Equity                
Activity related to employee stock plans 29,759   9 29,750        
Common stock issuance 1,552,726   226 1,552,500        
Common stock dividends (163,089)       (163,089)      
Changes related to cash flow derivative hedges 38,010           38,010  
Change in defined benefit plans (19,984)           (19,984)  
Foreign currency translation adjustments 40,346           40,346  
Purchases of treasury stock 0     5,900       (5,900)
Net (Loss) Income attributable to Royal Caribbean Cruises Ltd. (5,797,462)       (5,797,462)      
Equity component of convertible notes, net of issuance costs 307,640     307,640        
Acquisition of Silversea non-controlling interest 608,877   52 608,825        
Balance at Dec. 31, 2020 $ 8,760,669   $ 2,652 $ 5,998,574 $ 5,562,775   $ (739,341) $ (2,063,991)