Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	May 31, 2019	May 31, 2018
OPERATING ACTIVITIES
Net income	$ 787	$ 951
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation and amortization	1,059	1,000
Gains on fuel derivatives, net	0	(57)
Share-based compensation	27	32
Other, net	10	4
Adjustments to reconcile net income to net cash provided by (used in) operating activities	1,883	1,930
Changes in operating assets and liabilities
Receivables	(50)	(35)
Inventories	5	(16)
Prepaid expenses and other	(302)	59
Accounts payable	68	(14)
Accrued liabilities and other	48	(249)
Customer deposits	1,516	1,413
Net cash provided by (used in) operating activities	3,169	3,087
INVESTING ACTIVITIES
Purchases of property and equipment	(3,021)	(2,201)
Proceeds from sales of ships	6	102
Payments of fuel derivative settlements	(6)	(34)
Other, net	103	30
Net cash provided by (used in) investing activities	(2,918)	(2,103)
FINANCING ACTIVITIES
Proceeds from (repayments of) short-term borrowings, net	(357)	398
Principal repayments of long-term debt	(338)	(1,181)
Proceeds from issuance of long-term debt	1,722	1,618
Dividends paid	(694)	(646)
Purchases of treasury stock	(316)	(513)
Other, net	(43)	(16)
Net cash provided by (used in) financing activities	(26)	(339)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(5)	2
Net increase (decrease) in cash, cash equivalents and restricted cash	220	646
Cash, cash equivalents and restricted cash at beginning of period	996	422
Cash, cash equivalents and restricted cash at end of period	$ 1,215	$ 1,068