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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenues $ 13,900 $ 8,840 $ 1,532
Cruise operating expenses:      
Total cruise operating expenses 7,775 6,616 2,739
Marketing, selling and administrative expenses 1,792 1,583 1,370
Depreciation and amortization expenses 1,455 1,407 1,293
Operating Income (Loss) 2,878 (766) (3,870)
Other income (expense):      
Interest income 36 36 17
Interest expense, net of interest capitalized (1,402) (1,364) (1,292)
Equity investment income (loss) 200 57 (135)
Other (expense) income [1] (8) (119) 20
Total other income (expense) (1,174) (1,390) (1,390)
Net income (loss) 1,704 (2,156) (5,260)
Less: Net Income attributable to noncontrolling interest 7 0 0
Net Income (Loss) attributable to Royal Caribbean Cruises Ltd. $ 1,697 $ (2,156) $ (5,260)
Earnings (Loss) per Share:      
Basic (in dollars per share) $ 6.63 $ (8.45) $ (20.89)
Diluted (in dollars per share) $ 6.31 $ (8.45) $ (20.89)
Comprehensive Income (Loss)      
Net Income (Loss) $ 1,704 $ (2,156) $ (5,260)
Other comprehensive income (loss):      
Foreign currency translation adjustments (9) 10 16
Change in defined benefit plans 6 49 9
(Loss) Gain on cash flow derivative hedges (27) 8 4
Total other comprehensive (loss) income (30) 67 29
Comprehensive Income (Loss) 1,674 (2,089) (5,231)
Less: Comprehensive Income attributable to noncontrolling interest 7 0 0
Comprehensive Income (Loss) attributable to Royal Caribbean Cruises Ltd. 1,667 (2,089) (5,231)
Passenger ticket revenues      
Total revenues 9,568 5,793 941
Onboard and other revenues      
Total revenues 4,332 3,047 591
Cruise operating expenses:      
Total cruise operating expenses 809 597 117
Commission, transportation and other      
Cruise operating expenses:      
Total cruise operating expenses 2,001 1,357 208
Payroll and related      
Cruise operating expenses:      
Total cruise operating expenses 1,197 1,288 838
Food      
Cruise operating expenses:      
Total cruise operating expenses 819 653 164
Fuel      
Cruise operating expenses:      
Total cruise operating expenses 1,150 1,073 385
Other operating      
Cruise operating expenses:      
Total cruise operating expenses $ 1,799 $ 1,648 $ 1,027
[1] Including a $62.6 million net loss related to the 2021 elimination of the Silversea Cruises reporting lag for the year ended December 31, 2021.