General (Tables)

6 Months Ended

May 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Impact ASC 606 Adoption

The following tables summarize the impacts of ASC 606 adoption on our consolidated financial statements:

	Three months ended May 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Statement of Income
Onboard and other (Revenues)	$	1,167		$	343		$	1,510
Revenues (Total)	$	4,495		$	343		$	4,838
Onboard and other (Operating Costs and Expenses)	$	142		$	343		$	485
Operating Costs and Expenses (Total)	$	3,980		$	343		$	4,323
Operating Income	$	515		$	—		$	515
Net Income	$	451		$	—		$	451
	Six months ended May 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Statement of Income
Onboard and other (Revenues)	$	2,289		$	666		$	2,955
Revenues (Total)	$	8,845		$	666		$	9,511
Onboard and other (Operating Costs and Expenses)	$	286		$	666		$	952
Operating Costs and Expenses (Total)	$	7,943		$	666		$	8,609
Operating Income	$	902		$	—		$	902
Net Income	$	787		$	—		$	787
	At May 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Balance Sheet
Prepaid expenses and other	$	517		$	210		$	727
Total current assets	$	2,625		$	210		$	2,835
Customer deposits	$	5,606		$	210		$	5,815
Total current liabilities	$	10,167		$	210		$	10,377
	Six months ended May 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Statement of Cash Flows
Prepaid expenses and other	$	(92	)	$	(210	)	$	(302	)
Customer deposits	$	1,306		$	210		$	1,516
Net cash provided by operating activities	$	3,169		$	—		$	3,169