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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 12/03/20 Royal Caribbean Cruises Ltd. 424B5 1:1.8M Toppan Merrill/FA |
Document/Exhibit Description Pages Size 1: 424B5 Prospectus - Primary Offering or Shelf Securities HTML 597K - New Facts or Events
tm2037540-1_424b5 - none - 8.556093s |
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CALCULATION OF REGISTRATION FEE
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Title of Each Class of Securities
to be Registered |
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Proposed Maximum
Aggregate Offering Price |
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Amount of
Registration Fee(1) |
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Common Stock, par value $0.01 per share
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| | | $ | 1,000,000,000 | | | | | $ | 109,100 | | | | |
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Page
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| | | | ii | | | |
| | | | S-1 | | | |
| | | | S-15 | | | |
| | | | S-25 | | | |
| | | | S-27 | | | |
| | | | S-28 | | | |
| | | | S-30 | | | |
| | | | S-33 | | | |
| | | | S-34 | | | |
| | | | S-37 | | | |
| | | | S-39 | | | |
| | | | S-41 | | | |
| | | | S-41 | | | |
| | | | S-42 | | |
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Nine Months Ended
September 30, |
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Year Ended December 31,
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2019
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2019(1)
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2018(1)
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2017
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2016
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2015
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(dollars in thousands)
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(dollars in thousands)
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Operating data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total revenues
|
| | | $ | 2,174,667 | | | | | $ | 8,433,248 | | | | | $ | 10,950,661 | | | | | $ | 9,493,849 | | | | | $ | 8,777,845 | | | | | $ | 8,496,401 | | | | | $ | 8,299,074 | | |
Operating (loss) income
|
| | | $ | (3,585,008) | | | | | $ | 1,783,276 | | | | | $ | 2,082,701 | | | | | $ | 1,894,801 | | | | | $ | 1,744,056 | | | | | $ | 1,477,205 | | | | | $ | 874,902 | | |
Net (loss) income attributable to Royal Caribbean Cruises Ltd.(2)
|
| | | $ | (4,430,527) | | | | | $ | 1,605,751 | | | | | $ | 1,878,887 | | | | | $ | 1,811,042 | | | | | $ | 1,625,133 | | | | | $ | 1,283,388 | | | | | $ | 665,783 | | |
Balance sheet data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total assets(3)(4)
|
| | | $ | 31,828,810 | | | | | $ | 29,825,461 | | | | | $ | 30,320,284 | | | | | $ | 27,698,270 | | | | | $ | 22,360,926 | | | | | $ | 22,310,324 | | | | | $ | 20,782,043 | | |
Total debt including capital leases and commercial
paper |
| | | $ | 18,890,447 | | | | | $ | 10,684,473 | | | | | $ | 11,034,876 | | | | | $ | 10,777,699 | | | | | $ | 7,539,451 | | | | | $ | 9,387,436 | | | | | $ | 8,527,243 | | |
Total shareholders’ equity
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| | | $ | 8,328,594 | | | | | $ | 11,976,907 | | | | | $ | 12,163,846 | | | | | $ | 11,105,461 | | | | | $ | 10,702,303 | | | | | $ | 9,121,412 | | | | | $ | 8,063,039 | | |
Cash flow data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net cash provided by (used in):
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating activities
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| | | $ | (2,906,255) | | | | | $ | 3,107,068 | | | | | $ | 3,716,366 | | | | | $ | 3,479,139 | | | | | $ | 2,874,566 | | | | | $ | 2,516,690 | | | | | $ | 1,946,366 | | |
Investing activities
|
| | | $ | (1,788,693) | | | | | $ | (2,402,344) | | | | | $ | (3,091,406) | | | | | $ | (4,489,158) | | | | | $ | (213,592) | | | | | $ | (2,724,892) | | | | | $ | (1,742,975) | | |
Financing activities
|
| | | $ | 7,469,762 | | | | | $ | (714,909) | | | | | $ | (670,371) | | | | | $ | 1,198,073 | | | | | $ | (2,675,796) | | | | | $ | 243,809 | | | | | $ | (253,512) | | |
Capital expenditures
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| | | $ | (1,573,241) | | | | | $ | (2,341,895) | | | | | $ | (3,024,663) | | | | | $ | (3,660,028) | | | | | $ | (564,138) | | | | | $ | (2,494,363) | | | | | $ | (1,613,340) | | |
Non-GAAP financial data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Adjusted net (loss) income attributable to Royal Caribbean Cruises Ltd.(9)
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| | | $ | (2,797,335) | | | | | $ | 1,705,420 | | | | | $ | 2,002,847 | | | | | $ | 1,873,363 | | | | | $ | 1,625,133 | | | | | $ | 1,314,689 | | | | | $ | 1,065,066 | | |
Adjusted EBITDA(26)
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| | | $ | (1,148,825) | | | | | $ | 2,742,808 | | | | | $ | 3,366,180 | | | | | $ | 2,960,680 | | | | | $ | 2,695,250 | | | | | $ | 2,381,765 | | | | | $ | 2,064,287 | | |
Ratio of Adjusted EBITDA to
Interest Expense, net of interest capitalized |
| | | | (2.01x) | | | | | | 8.74x | | | | | | 8.24x | | | | | | 8.87x | | | | | | 8.98x | | | | | | 7.75x | | | | | | 7.43x | | |
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Nine Months Ended
September 30, |
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Year Ended December 31,
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2019
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2019(1)
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2018(1)
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2017
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2016
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2015
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(dollars in thousands)
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(dollars in thousands)
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Selected operational data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net Yields(28)
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| | | | * | | | | | | * | | | | | $ | 208.88 | | | | | $ | 195.78 | | | | | $ | 187.35 | | | | | $ | 175.86 | | | | | $ | 173.15 | | |
Net Cruise Costs per Available
Passenger Cruise Days (“APCD”)(29) |
| | | | * | | | | | | * | | | | | $ | 127.81 | | | | | $ | 118.68 | | | | | $ | 114.37 | | | | | $ | 112.94 | | | | | $ | 115.48 | | |
Net Cruise Costs Excluding Fuel per APCD(29)
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| | | | * | | | | | | * | | | | | $ | 110.97 | | | | | $ | 100.19 | | | | | $ | 95.93 | | | | | $ | 94.09 | | | | | $ | 93.77 | | |
Selected passenger data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Passengers carried(5)
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| | | | 1,261,075 | | | | | | 4,926,123 | | | | | | 6,553,865 | | | | | | 6,084,201 | | | | | | 5,768,496 | | | | | | 5,754,747 | | | | | | 5,401,899 | | |
Passenger cruise days(5)(6)
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| | | | 8,653,799 | | | | | | 33,746,534 | | | | | | 44,803,953 | | | | | | 41,853,052 | | | | | | 40,033,527 | | | | | | 40,250,557 | | | | | | 38,523,060 | | |
APCD(5)(7) | | | | | 8,437,003 | | | | | | 31,031,274 | | | | | | 41,432,451 | | | | | | 38,425,304 | | | | | | 36,930,939 | | | | | | 37,844,644 | | | | | | 36,646,639 | | |
Occupancy percentage(5)(8) | | | | | 102.6% | | | | | | 108.8% | | | | | | 108.1% | | | | | | 108.9% | | | | | | 108.4% | | | | | | 106.4% | | | | | | 105.1% | | |
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Nine Months Ended
September 30, |
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Year Ended December 31,
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2019
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2019
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2018
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2017
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2016
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2015
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(dollars in thousands)
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(dollars in thousands)
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Net (loss) income attributable to Royal
Caribbean Cruises Ltd. |
| | | $ | (4,430,527) | | | | | $ | 1,605,751 | | | | | $ | 1,878,887 | | | | | $ | 1,811,042 | | | | | $ | 1,625,133 | | | | | $ | 1,283,388 | | | | | $ | 665,783 | | |
Impairment and credit losses(10)
|
| | | | 1,354,514 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Equity investment impairment(11)
|
| | | | 39,735 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Impairment of Pullmantur related assets(12)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 399,283 | | |
Currency translation adjustment losses(13)
|
| | | | 69,044 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Pullmantur reorganization settlement(14)
|
| | | | 21,637 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Oasis of the Seas incident, Grand Bahama’s drydock write-off and other incidental expenses(15)
|
| | | | (1,938) | | | | | | 29,168 | | | | | | 35,239 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Change in the fair value of contingent consideration related to Silversea Cruises acquisition(16)
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| | | | (45,126) | | | | | | 10,700 | | | | | | 18,400 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Convertible debt amortization of debt discount(17)
|
| | | | 21,934 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Loss on extinguishment of debt(18)
|
| | | | 41,109 | | | | | | 6,326 | | | | | | 6,326 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net loss related to the elimination of Pullmantur reporting lag(19)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 21,656 | | | | | | — | | |
Net gain related to the sale of the Pullmantur and CDF Croisières de France brands
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (3,834) | | | | | | — | | |
Restructuring charges and other initiative expenses(20)
|
| | | | 50,745 | | | | | | — | | | | | | 13,707 | | | | | | — | | | | | | — | | | | | | 13,479 | | | | | | — | | |
Other initiative costs
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,027 | | | | | | — | | |
Impairment loss related to Skysea Holding International Ltd. (“Skysea Holding”)(21)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 23,343 | | | | | | — | | | | | | — | | | | | | — | | |
Impairment and other costs related to exit of tour operations business(22)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 11,255 | | | | | | — | | | | | | — | | | | | | — | | |
Transaction and integration costs related to the 2018 Silversea Acquisition(16)
|
| | | | — | | | | | | 1,186 | | | | | | 2,048 | | | | | | 31,759 | | | | | | — | | | | | | — | | | | | | — | | |
Amortization of Silversea Cruises intangible assets resulting from the acquisition(23)
|
| | | | 9,207 | | | | | | 9,207 | | | | | | 12,275 | | | | | | 2,046 | | | | | | — | | | | | | — | | | | | | — | | |
Noncontrolling interest
adjustment(24) |
| | | | 72,331 | | | | | | 43,082 | | | | | | 35,965 | | | | | | 3,156 | | | | | | — | | | | | | — | | | | | | — | | |
Impact of change in accounting principle(25)
|
| | | | — | | | | | | — | | | | | | — | | | | | | (9,238) | | | | | | — | | | | | | — | | | | | | — | | |
Adjusted net (loss) income attributable
to Royal Caribbean Cruises Ltd. |
| | | $ | (2,797,335) | | | | | $ | 1,705,420 | | | | | $ | 2,002,847 | | | | | $ | 1,873,363 | | | | | $ | 1,625,133 | | | | | $ | 1,314,689 | | | | | $ | 1,065,066 | | |
| | |
Nine Months Ended
September 30, |
| |
Year Ended December 31,
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| | | | |
2019
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2019
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2018
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| |
2017
|
| |
2016
|
| |
2015
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| | |
(dollars in thousands)
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(dollars in thousands)
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Net (loss) income attributable to Royal
Caribbean Cruises Ltd. |
| | | $ | (4,430,527) | | | | | $ | 1,605,751 | | | | | $ | 1,878,887 | | | | | $ | 1,811,042 | | | | | $ | 1,625,133 | | | | | $ | 1,283,388 | | | | | $ | 665,783 | | |
Interest income
|
| | | | (15,757) | | | | | | (21,751) | | | | | | (26,945) | | | | | | (32,800) | | | | | | (30,101) | | | | | | (20,856) | | | | | | (12,025) | | |
Interest expense, net of interest capitalized
|
| | | | 571,149 | | | | | | 313,757 | | | | | | 408,513 | | | | | | 333,672 | | | | | | 299,982 | | | | | | 307,370 | | | | | | 277,725 | | |
Depreciation and amortization
|
| | | | 961,226 | | | | | | 924,180 | | | | | | 1,245,942 | | | | | | 1,033,697 | | | | | | 951,194 | | | | | | 894,915 | | | | | | 827,008 | | |
Equity investment loss (income)
|
| | | | 140,258 | | | | | | (170,393) | | | | | | (230,980) | | | | | | (210,756) | | | | | | (156,247) | | | | | | (128,350) | | | | | | (81,026) | | |
Other expense (income)
|
| | | | 127,537 | | | | | | 34,537 | | | | | | 24,513 | | | | | | (11,107) | | | | | | 5,289 | | | | | | 35,653 | | | | | | (24,445) | | |
Impairment and credit losses(10)
|
| | | | 1,354,514 | | | | | | — | | | | | | — | | | | | | 11,255 | | | | | | — | | | | | | — | | | | | | 411,267 | | |
Pullmantur reorganization settlement(14)
|
| | | | 21,637 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Oasis of the Seas incident(27)
|
| | | | (1,938) | | | | | | 11,597 | | | | | | 14,530 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Restructuring charges and other initiative expenses(20)
|
| | | | 50,745 | | | | | | — | | | | | | 13,707 | | | | | | — | | | | | | — | | | | | | 13,479 | | | | | | — | | |
Noncontrolling interest adjustment(24)
|
| | | | 72,331 | | | | | | 43,082 | | | | | | 35,965 | | | | | | 3,156 | | | | | | — | | | | | | — | | | | | | — | | |
Transaction and integration costs related to the 2018 Silversea Acquisition
|
| | | | — | | | | | | 2,048 | | | | | | 2,048 | | | | | | 31,759 | | | | | | — | | | | | | — | | | | | | — | | |
Impact of change in accounting principle(25)
|
| | | | — | | | | | | — | | | | | | — | | | | | | (9,238) | | | | | | — | | | | | | — | | | | | | — | | |
| | |
Nine Months Ended
September 30, |
| |
Year Ended December 31,
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| | | | |
2019
|
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2019
|
| |
2018
|
| |
2017
|
| |
2016
|
| |
2015
|
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| | |
(dollars in thousands)
|
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(dollars in thousands)
|
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Net gain related to the sale of the
Pullmantur and CDF Croisières de France brands |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (3,834) | | | | | | — | | |
Adjusted EBITDA
|
| | | $ | (1,148,825) | | | | | $ | 2,742,808 | | | | | $ | 3,366,180 | | | | | $ | 2,960,680 | | | | | $ | 2,695,250 | | | | | $ | 2,381,765 | | | | | $ | 2,064,287 | | |
Ratio of Adjusted EBITDA to Interest
Expense, net of interest capitalized |
| | | | (2.01x) | | | | | | 8.74x | | | | | | 8.24x | | | | | | 8.87x | | | | | | 8.98x | | | | | | 7.75x | | | | | | 7.43x | | |
| | |
Year Ended December 31,
|
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| | | | |
2018
|
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2017
|
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2016
|
| |
2015
|
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| | |
(dollars in thousands, except APCD, Gross Yields and Net Yields)
|
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Passenger ticket revenues
|
| | | $ | 7,857,057 | | | | | $ | 6,792,716 | | | | | $ | 6,313,170 | | | | | $ | 6,149,323 | | | | | $ | 6,058,821 | | |
Onboard and other revenues
|
| | | | 3,093,604 | | | | | | 2,701,133 | | | | | | 2,464,675 | | | | | | 2,347,078 | | | | | | 2,240,253 | | |
Total revenues
|
| | | | 10,950,661 | | | | | | 9,493,849 | | | | | | 8,777,845 | | | | | | 8,496,401 | | | | | | 8,299,074 | | |
Less: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Commissions, transportation and other
|
| | | | 1,656,297 | | | | | | 1,433,739 | | | | | | 1,363,170 | | | | | | 1,349,677 | | | | | | 1,400,778 | | |
Onboard and other
|
| | | | 639,782 | | | | | | 537,355 | | | | | | 495,552 | | | | | | 493,558 | | | | | | 553,104 | | |
Net revenues including other initiative costs and divested businesses
|
| | | | 8,654,582 | | | | | | 7,522,755 | | | | | | 6,919,123 | | | | | | 6,653,166 | | | | | | 6,345,192 | | |
Less: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Other initiative costs included in net revenues
|
| | | | — | | | | | | — | | | | | | — | | | | | | (2,230) | | | | | | — | | |
Net revenues
|
| | | $ | 8,654,582 | | | | | $ | 7,522,755 | | | | | $ | 6,919,123 | | | | | $ | 6,655,396 | | | | | $ | 6,345,192 | | |
APCD
|
| | | | 41,432,451 | | | | | | 38,425,304 | | | | | | 36,930,939 | | | | | | 37,844,644 | | | | | | 36,646,639 | | |
Gross Yields
|
| | | $ | 264.30 | | | | | $ | 247.07 | | | | | $ | 237.68 | | | | | $ | 224.51 | | | | | $ | 226.46 | | |
Net Yields
|
| | | $ | 208.88 | | | | | $ | 195.78 | | | | | $ | 187.35 | | | | | $ | 175.86 | | | | | $ | 173.15 | | |
| | |
Year Ended December 31,
|
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| | | | |
2018
|
| |
2017
|
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2016
|
| |
2015
|
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| | |
(dollars in thousands, except APCD, Gross Cruise Costs per APCD
and Net Cruise Costs per APCD) |
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Total cruise operating expenses
|
| | | $ | 6,062,765 | | | | | $ | 5,262,207 | | | | | $ | 4,896,579 | | | | | $ | 5,015,539 | | | | | $ | 5,099,393 | | |
Marketing, selling and administrative expenses(30)
|
| | | | 1,543,498 | | | | | | 1,269,368 | | | | | | 1,186,016 | | | | | | 1,100,290 | | | | | | 1,086,504 | | |
Gross Cruise Costs
|
| | | | 7,606,263 | | | | | | 6,531,575 | | | | | | 6,082,595 | | | | | | 6,115,829 | | | | | | 6,185,897 | | |
Less: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Commissions, transportation and other
|
| | | | 1,656,297 | | | | | | 1,433,739 | | | | | | 1,363,170 | | | | | | 1,349,677 | | | | | | 1,400,778 | | |
Onboard and other
|
| | | | 639,782 | | | | | | 537,355 | | | | | | 495,552 | | | | | | 493,558 | | | | | | 553,104 | | |
Net Cruise Costs including divested businesses and other initiative costs
|
| | | | 5,310,184 | | | | | | 4,560,481 | | | | | | 4,223,873 | | | | | | 4,272,594 | | | | | | 4,232,015 | | |
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Year Ended December 31,
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2018
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2017
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2016
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2015
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(dollars in thousands, except APCD, Gross Cruise Costs per APCD
and Net Cruise Costs per APCD) |
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Less: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net gain related to the sale of Pullmantur and CDF Croisières de France brands included within other operating expenses
|
| | | | — | | | | | | — | | | | | | — | | | | | | (3,834) | | | | | | — | | |
Other initiative costs included within cruise operating expenses and marketing, selling and administrative expenses
|
| | | | — | | | | | | — | | | | | | — | | | | | | 2,433 | | | | | | — | | |
Cost, net of insurance recoveries, related to the Oasis of the Seas incident included within cruise operating expenses
|
| | | | 14,530 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Loss on sale of ship included within operating expenses
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net Cruise Costs
|
| | | | 5,295,654 | | | | | | 4,560,481 | | | | | | 4,223,873 | | | | | | 4,273,995 | | | | | | 4,232,015 | | |
Less: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Fuel(31) | | | | | 697,962 | | | | | | 710,617 | | | | | | 681,118 | | | | | | 713,252 | | | | | | 795,801 | | |
Net Cruise Costs Excluding Fuel
|
| | | $ | 4,597,692 | | | | | $ | 3,849,864 | | | | | $ | 3,542,755 | | | | | $ | 3,560,743 | | | | | $ | 3,436,214 | | |
APCD
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| | | | 41,432,451 | | | | | | 38,425,304 | | | | | | 36,930,939 | | | | | | 37,844,644 | | | | | | 36,646,639 | | |
Gross Cruise Costs per APCD
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| | | $ | 183.58 | | | | | $ | 169.98 | | | | | $ | 164.70 | | | | | $ | 161.60 | | | | | $ | 168.80 | | |
Net Cruise Costs per APCD
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| | | $ | 127.81 | | | | | $ | 118.68 | | | | | $ | 114.37 | | | | | $ | 112.94 | | | | | $ | 115.48 | | |
Net Cruise Costs Excluding Fuel per APCD
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| | | $ | 110.97 | | | | | $ | 100.19 | | | | | $ | 95.93 | | | | | $ | 94.09 | | | | | $ | 93.77 | | |
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As of September 30, 2020
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(in millions)
|
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Actual(1)
|
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Pro Forma
|
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Further As
Adjusted |
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Cash and cash equivalents(2)
|
| | | $ | 3,016.8 | | | | | $ | 3,834.5 | | | | | $ | 4,824.5 | | |
Debt: | | | | | | | | | | | | | | | | | | | |
Commercial paper(3)
|
| | | | 387.9 | | | | | | 387.9 | | | | | | 387.9 | | |
Unsecured revolving credit facilities due 2022 and 2024(4)
|
| | | | 3,382.0 | | | | | | 3,382.0 | | | | | | 3,382.0 | | |
Unsecured term loans due through 2030
|
| | | | 7,605.0 | | | | | | 7,905.0 | | | | | | 7,905.0 | | |
$700M Liquidity Facility(5)
|
| | | | — | | | | | | — | | | | | | — | | |
2.65% notes due 2020
|
| | | | 300.0 | | | | | | — | | | | | | — | | |
5.25% notes due 2022(6)
|
| | | | 650.0 | | | | | | 650.0 | | | | | | 650.0 | | |
7.25% notes due 2025(7)
|
| | | | 619.8 | | | | | | 619.8 | | | | | | 619.8 | | |
7.50% notes due 2027
|
| | | | 300.0 | | | | | | 300.0 | | | | | | 300.0 | | |
3.70% notes due 2028
|
| | | | 500.0 | | | | | | 500.0 | | | | | | 500.0 | | |
10.875% Senior Secured Notes due 2023
|
| | | | 1,000.0 | | | | | | 1,000.0 | | | | | | 1,000.0 | | |
11.500% Senior Secured Notes due 2025
|
| | | | 2,320.0 | | | | | | 2,320.0 | | | | | | 2,320.0 | | |
4.250% Convertible Senior Notes due 2023(8)
|
| | | | 1,150.0 | | | | | | 1,150.0 | | | | | | 1,150.0 | | |
9.125% Senior Guaranteed Notes due 2023
|
| | | | 1,000.0 | | | | | | 1,000.0 | | | | | | 1,000.0 | | |
2.875% Convertible Senior Notes due 2023(8)
|
| | | | — | | | | | | 575.0 | | | | | | 575.0 | | |
Total debt principal amounts
|
| | | | 19,214.7 | | | | | | 19,789.7 | | | | | | 19,789.7 | | |
Debt net carrying value adjustments(9)
|
| | | | (541.3) | | | | | | (650.3) | | | | | | (650.3) | | |
Finance lease obligations
|
| | | | 217.0 | | | | | | 217.0 | | | | | | 217.0 | | |
Total debt(10)
|
| | | | 18,890.4 | | | | | | 19,356.4 | | | | | | 19,356.4 | | |
Total shareholders’ equity
|
| | | | 8,328.6 | | | | | | 8,571.3 | | | | | | 9,561.3 | | |
Total capitalization
|
| | | $ | 27,219.0 | | | | | $ | 27,927.7 | | | | | $ | 28,917.7 | | |
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Year ended December 31,
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2016
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2015
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2014
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2013
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Ratio of earnings to fixed charges
|
| | | | 5.7x | | | | | | 4.6x | | | | | | 2.9x | | | | | | 3.2x | | | | | | 2.2x | | |
| | |
Shares Beneficially
Owned Before the Offering |
| |
Maximum Number
of Shares Offered |
| |
Shares Beneficially
Owned After the Offering Assuming All Shares Registered Are Sold(1) |
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Name
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Number (#)
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Percent(2)
|
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Number (#)
|
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Percent(2)
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A. Wilhelmsen AS.(3)
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| | | | 29,934,512 | | | | | | 14.0% | | | | | | 29,934,512 | | | | | | — | | | | | | * | | |
Osiris Holdings Inc.(4)
|
| | | | 11,277,680 | | | | | | 5.3% | | | | | | 10,156,380 | | | | | | 1,121,300 | | | | | | * | | |
Thomas J. Pritzker(5)
|
| | | | 804,366(6) | | | | | | * | | | | | | 512,923 | | | | | | 291,443 | | | | | | * | | |
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|
This ‘424B5’ Filing | Date | Other Filings | ||
---|---|---|---|---|
8/15/23 | ||||
3/15/23 | ||||
11/1/21 | ||||
8/12/21 | 8-K | |||
4/30/21 | ||||
4/7/21 | 4 | |||
4/1/21 | 8-K | |||
3/20/21 | ||||
2/28/21 | ||||
2/6/21 | ||||
1/20/21 | 4 | |||
12/31/20 | 10-K, 5, 8-K | |||
Filed on: | 12/3/20 | 8-K | ||
12/2/20 | ||||
11/13/20 | 8-K | |||
10/31/20 | ||||
10/30/20 | ||||
10/27/20 | ||||
10/7/20 | 8-K | |||
9/30/20 | 10-Q | |||
9/21/20 | 8-K | |||
8/31/20 | 8-K | |||
8/24/20 | 4 | |||
7/9/20 | 8-K | |||
6/30/20 | 10-Q | |||
5/13/20 | 8-K | |||
3/31/20 | 10-Q | |||
3/18/20 | ||||
3/17/20 | ||||
3/13/20 | 8-K | |||
2/28/20 | ||||
2/4/20 | 8-K | |||
1/17/20 | ||||
1/1/20 | ||||
12/31/19 | 10-K | |||
9/30/19 | 10-Q | |||
1/1/19 | ||||
12/31/18 | 10-K | |||
10/1/18 | ||||
9/30/18 | 10-Q | |||
7/31/18 | 8-K | |||
2/26/18 | S-3ASR | |||
2/22/18 | 4 | |||
2/12/18 | 4 | |||
12/31/17 | 10-K | |||
7/27/17 | ||||
12/31/16 | 10-K | |||
1/1/16 | ||||
12/31/15 | 10-K | |||
12/31/14 | 10-K, ARS | |||
12/31/13 | 10-K, 4, ARS | |||
7/31/06 | S-3ASR | |||
7/30/97 | ||||
4/15/93 | ||||
List all Filings |