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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Cruise        
Passenger tickets $ 2,628 $ 2,698 $ 5,260 $ 5,425
Onboard and other 927 905 1,816 1,755
Tour and other 35 30 44 38
Revenues 3,590 3,633 7,120 7,218
Cruise        
Commissions, transportation and other 481 520 1,067 1,141
Onboard and other 114 115 225 228
Payroll and related 469 485 936 965
Fuel 333 527 650 1,050
Food 242 251 482 496
Other ship operating 734 642 1,332 1,238
Tour and other 31 32 47 46
Operating expenses 2,404 2,572 4,739 5,164
Selling and administrative 491 504 1,020 1,025
Depreciation and amortization 406 410 807 815
Costs and Expenses 3,301 3,486 6,566 7,004
Operating Income 289 147 554 214
Nonoperating (Expense) Income        
Interest income 2 2 4 4
Interest expense, net of capitalized interest (57) (72) (114) (143)
(Losses) gains on fuel derivatives, net (13) 11 (181) (6)
Other income, net 5 11 15 11
Nonoperating (Expense) Income, Total (63) (48) (276) (134)
Income Before Income Taxes 226 99 278 80
Income Tax Expense, Net (4) (1) (7) (2)
Net Income $ 222 $ 98 $ 271 $ 78
Earnings Per Share        
Basic (in dollars per share) $ 0.29 $ 0.13 $ 0.35 $ 0.10
Diluted (in dollars per share) 0.29 0.13 0.35 0.10
Dividends Declared Per Share (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50