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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Aug. 31, 2016
Aug. 31, 2015
OPERATING ACTIVITIES    
Net Income $ 2,171 $ 1,487
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 1,303 1,206
Losses on fuel derivatives 102 378
Share-based compensation 40 38
Other, net 46 19
Adjustments to reconcile net income to net cash provided by operating activities 3,662 3,128
Changes in operating assets and liabilities    
Receivables (35) (23)
Inventories 15 35
Insurance recoverables, prepaid expenses and other (10) 94
Accounts payable 88 (23)
Accrued and other liabilities (5) (19)
Customer deposits 395 375
Net cash provided by operating activities 4,110 3,567
INVESTING ACTIVITIES    
Additions to property and equipment (2,416) (1,704)
Proceeds from sales of ships 19 25
Payments of fuel derivative settlements (231) (139)
Collateral proceeds (payments) for fuel derivatives 22 (22)
Other, net (16) 35
Net cash used in investing activities (2,622) (1,805)
FINANCING ACTIVITIES    
Proceeds from (repayments of) short-term borrowings, net 301 (625)
Principal repayments of long-term debt (971) (772)
Proceeds from issuance of long-term debt 1,044 472
Dividends paid (721) (584)
Purchases of treasury stock (2,110) (166)
Sales of treasury stock 40 167
Other, net (9) (1)
Net cash used in financing activities (2,426) (1,509)
Effect of exchange rate changes on cash and cash equivalents 5 (45)
Net (decrease) increase in cash and cash equivalents (933) 208
Cash and cash equivalents at beginning of period 1,395 331
Cash and cash equivalents at end of period $ 462 $ 539