General (Tables)

9 Months Ended

Aug. 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 August 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Statement of Income
Onboard and other (Revenues)	$	1,407		$	449		$	1,855
Revenues (Total)	$	6,084		$	449		$	6,533
Onboard and other (Operating Costs and Expenses)	$	219		$	449		$	668
Operating Costs and Expenses (Total)	$	4,194		$	449		$	4,643
Operating Income	$	1,890		$	—		$	1,890
Net Income	$	1,780		$	—		$	1,780
	Nine Months Ended August 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Statement of Income
Onboard and other (Revenues)	$	3,696		$	1,115		$	4,811
Revenues (Total)	$	14,929		$	1,115		$	16,043
Onboard and other (Operating Costs and Expenses)	$	506		$	1,115		$	1,620
Operating Costs and Expenses (Total)	$	12,137		$	1,115		$	13,252
Operating Income	$	2,791		$	—		$	2,791
Net Income	$	2,567		$	—		$	2,567
	At August 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Balance Sheet
Prepaid expenses and other	$	488		$	147		$	635
Total current assets	$	2,565		$	147		$	2,712
Customer deposits	$	4,527		$	147		$	4,674
Total current liabilities	$	8,784		$	147		$	8,932
	Nine Months Ended August 31, 2019
(in millions)	Prior to adoption of ASC 606			Adjustments			As Reported
Consolidated Statement of Cash Flows
Prepaid expenses and other	$	(73	)	$	(147	)	$	(220	)
Customer deposits	$	262		$	147		$	409
Net cash provided by operating activities	$	4,414		$	—		$	4,414