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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Aug. 31, 2015
Aug. 31, 2014
OPERATING ACTIVITIES    
Net Income $ 1,487 $ 1,319
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 1,206 1,229
Gains on ship sales and ship impairment, net (6) (15)
Losses (gains) on fuel derivatives, net 378 (10)
Share-based compensation 38 37
Other, net 25 24
Changes in operating assets and liabilities    
Receivables (23) 34
Inventories 35 15
Insurance recoverables, prepaid expenses and other 94 421
Accounts payable (23) (22)
Claims reserves and accrued and other liabilities (19) (381)
Customer deposits 375 142
Net cash provided by operating activities 3,567 2,793
INVESTING ACTIVITIES    
Additions to property and equipment (1,704) (1,677)
Proceeds from sales of ships 25 42
(Payments) receipts of fuel derivative settlements (139) 2
Other, net 13 16
Net cash used in investing activities (1,805) (1,617)
FINANCING ACTIVITIES    
(Repayments of) proceeds from short-term borrowings, net (625) 95
Principal repayments of long-term debt (772) (1,513)
Proceeds from issuance of long-term debt 472 829
Dividends paid (584) (582)
Purchases of treasury stock (166) 0
Sales of treasury stock 167 0
Other, net (1) (17)
Net cash used in financing activities (1,509) (1,188)
Effect of exchange rate changes on cash and cash equivalents (45) (14)
Net increase (decrease) in cash and cash equivalents 208 (26)
Cash and cash equivalents at beginning of period 331 462
Cash and cash equivalents at end of period $ 539 $ 436