ROYAL CARIBBEAN CRUISES LTD
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
RCL$336.98+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets F-
(in millions, except share data)
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $497 | $1,935 |
| Trade and other receivables, net of allowances of $6.6 and $11.6 at December 31, 2023 and December 31, 2022, respectively | 405 | 531 |
| Inventories | 248 | 224 |
| Prepaid expenses and other assets | 617 | 456 |
| Derivative financial instruments | 25 | 59 |
| Total current assets | 1,792 | 3,205 |
| Property and equipment, net | 30,114 | 27,546 |
| Operating lease right-of-use assets | 611 | 538 |
| Goodwill | 809 | 809 |
| Other assets, net of allowances of $42.7 and $71.6 at December 31, 2023 and December 31, 2022, respectively | 1,805 | 1,678 |
| Total assets | $35,131 | $33,776 |
| Liabilities and shareholders' equity | ||
| Current liabilities | ||
| Current portion of long-term debt | $1,720 | $2,088 |
| Current portion of operating lease liabilities | 65 | 80 |
| Accounts payable | 792 | 647 |
| Accrued expenses and other liabilities | 1,478 | 1,459 |
| Derivative financial instruments | 35 | 131 |
| Customer deposits | 5,311 | 4,168 |
| Total current liabilities | 9,401 | 8,573 |
| Long-term debt | 19,732 | 21,303 |
| Long-term operating lease liabilities | 613 | 523 |
| Other long-term liabilities | 486 | 508 |
| Total liabilities | 30,232 | 30,907 |
| Commitments and Contingencies (Note 17) | ||
| Shareholders' equity | ||
| Preferred stock ($0.01 par value; 20,000,000 shares authorized; none outstanding) | — | — |
| Common stock ($0.01 par value; 500,000,000 shares authorized; 284,672,386 and 283,257,102 shares issued, December 31, 2023 and December 31, 2022, respectively) | 3 | 3 |
| Paid-in capital | 7,474 | 7,285 |
| Accumulated deficit | (10) | (1,707) |
| Accumulated other comprehensive loss | (674) | (644) |
| Treasury stock (28,248,125 and 28,018,385 common shares at cost, December 31, 2023 and December 31, 2022, respectively) | (2,069) | (2,068) |
| Total shareholders’ equity attributable to Royal Caribbean Cruises Ltd | 4,724 | 2,869 |
| Noncontrolling Interest | 175 | — |
| Total shareholders' equity | 4,899 | 2,869 |
| Total liabilities and shareholders’ equity | $35,131 | $33,776 |
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