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Carnival Corporation & Plc Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Aug. 31, 2014
Aug. 31, 2013
OPERATING ACTIVITIES    
Net Income $ 1,338 $ 1,012
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 1,227 1,186
(Gains) on ship sales including impairment, net (15) 163
Trademark and other impairment charges 0 27
Gains on fuel derivatives, net (10) (5)
Share-based compensation 37 32
Other, net 24 26
Changes in operating assets and liabilities    
Receivables 34 (172)
Inventories 15 1
Insurance recoverables, prepaid expenses and other 402 277
Accounts payable (22) 50
Claims reserves and accrued and other liabilities (379) (132)
Customer deposits 142 (106)
Net cash provided by operating activities 2,793 2,359
INVESTING ACTIVITIES    
Additions to property and equipment (1,677) (1,812)
Proceeds from sale of ships 42 70
Other, net 18 (65)
Net cash used in investing activities (1,617) (1,807)
FINANCING ACTIVITIES    
Proceeds from short-term borrowings, net 95 142
Principal repayments of long-term debt (1,513) (942)
Proceeds from issuance of long-term debt 829 1,837
Dividends paid (582) (970)
Purchases of treasury stock 0 (138)
Sales of treasury stock 0 35
Other, net (17) 7
Net cash used in financing activities (1,188) (29)
Effect of exchange rate changes on cash and cash equivalents (14) (7)
Net (decrease) increase in cash and cash equivalents (26) 516
Cash and cash equivalents at beginning of period 462 465
Cash and cash equivalents at end of period $ 436 $ 981