Consolidated Balance Sheets - USD ($) $ in Millions	Aug. 31, 2021	Nov. 30, 2020
Current Assets
Cash and cash equivalents	$ 7,151	$ 9,513
Short-term investments	647	0
Trade and other receivables, net	281	273
Inventories	322	335
Prepaid expenses and other	508	443
Total current assets	8,909	10,563
Property and Equipment, Net	38,917	38,073
Operating Lease Right-of-Use Assets	1,366	1,370
Goodwill	810	807
Other Intangibles	1,190	1,186
Other Assets	2,323	1,594
Total assets	53,514	53,593
Current Liabilities
Short-term borrowings	3,099	3,084
Current portion of long-term debt	1,303	1,742
Current portion of operating lease liabilities	142	151
Accounts payable	672	624
Accrued liabilities and other	1,568	1,144
Customer deposits	2,707	1,940
Total current liabilities	9,491	8,686
Long-Term Debt	26,831	22,130
Long-Term Operating Lease Liabilities	1,269	1,273
Other Long-Term Liabilities	1,061	949
Contingencies and Commitments
Shareholders’ Equity
Additional paid-in capital	15,146	13,948
Retained earnings	9,194	16,075
Accumulated other comprehensive income (loss) (“AOCI”)	(1,349)	(1,436)
Treasury stock, 130 shares at 2021 and 2020 of Carnival Corporation and 63 shares at 2021 and 60 shares at 2020 of Carnival plc, at cost	(8,500)	(8,404)
Total shareholders’ equity	14,863	20,555
Total liabilities and shareholders' equity	53,514	53,593
Common Stock
Shareholders’ Equity
Common stock	11	11
Ordinary Shares
Shareholders’ Equity
Common stock	$ 361	$ 361

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).