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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2017
Aug. 31, 2016
Cruise        
Passenger ticket $ 4,138 $ 3,803 $ 9,814 $ 9,217
Onboard and other 1,223 1,146 3,237 3,047
Tour and other 154 148 200 190
Revenues 5,515 5,097 13,251 12,454
Cruise        
Commissions, transportation and other 699 646 1,781 1,723
Onboard and other 184 171 438 411
Payroll and related 520 494 1,552 1,488
Fuel 307 265 914 648
Food 270 260 774 755
Other ship operating 947 643 2,293 1,914
Tour and other 86 84 132 125
Operating expenses 3,013 2,563 7,884 7,064
Selling and administrative 547 529 1,649 1,613
Depreciation and amortization 473 443 1,368 1,303
Goodwill and trademark impairment 89 0 89 0
Operating costs and expenses 4,122 3,535 10,990 9,980
Operating income (loss) 1,393 1,562 2,261 2,474
Nonoperating Income (Expense)        
Interest income 3 2 7 5
Interest expense, net of capitalized interest (49) (61) (150) (168)
Gains (Losses) on fuel derivatives, net 7 (36) (19) (102)
Other income (expense), net 14 (2) 7 6
Nonoperating (Expense) Income, Total (25) (97) (155) (259)
Income Before Income Taxes 1,368 1,465 2,106 2,215
Income Tax Expense, Net (39) (41) (46) (44)
Net Income $ 1,329 $ 1,424 $ 2,060 $ 2,171
Earnings Per Share        
Earnings per share, basic (in dollars per share) $ 1.84 $ 1.93 $ 2.85 $ 2.89
Earnings per share, diluted (in dollars per share) 1.83 1.93 2.84 2.88
Dividends declared per share (in dollars per share) $ 0.40 $ 0.35 $ 1.15 $ 1