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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Aug. 31, 2011
Cruise        
Passenger tickets $ 3,561 $ 3,907 $ 9,000 $ 9,336
Onboard and other 965 936 2,618 2,511
Tour and other 158 215 186 249
Revenues 4,684 5,058 11,804 12,096
Cruise        
Commissions, transportation and other 613 686 1,793 1,911
Onboard and other 150 137 404 379
Fuel 541 581 1,778 1,611
Payroll and related 422 435 1,299 1,282
Food 246 257 722 728
Other ship operating 534 575 1,647 1,640
Tour and other 91 143 126 179
Total 2,597 2,814 7,769 7,730
Selling and administrative 409 421 1,261 1,282
Depreciation and amortization 383 390 1,135 1,137
Ibero goodwill and trademark impairment charges     173  
Costs and Expenses 3,389 3,625 10,338 10,149
Operating Income 1,295 1,433 1,466 1,947
Nonoperating Income (Expense)        
Interest income 2 3 8 8
Interest expense, net of capitalized interest (84) (96) (259) (273)
Unrealized gains on fuel derivatives, net 136   12  
Realized losses on fuel derivatives (12)   (12)  
Other (expense) income, net (1) 2 (6) 21
Nonoperating Income (Expense), Total 41 (91) (257) (244)
Income Before Income Taxes 1,336 1,342 1,209 1,703
Income Tax Expense, Net (6) (5) (4) (8)
Net Income $ 1,330 $ 1,337 $ 1,205 $ 1,695
Earnings Per Share        
Basic $ 1.71 $ 1.69 $ 1.55 $ 2.14
Diluted $ 1.71 $ 1.69 $ 1.55 $ 2.14
Dividends Declared Per Share $ 0.25 $ 0.25 $ 0.75 $ 0.75