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Carnival Corporation & Plc Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
May 31, 2013
May 31, 2012
OPERATING ACTIVITIES    
Net income (loss) for basic and diluted earnings (loss) per share $ 78 $ (125)
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 780 752
Ibero goodwill and trademark impairment charges 0 173
Losses on fuel derivatives, net 59 124
Share-based compensation 24 22
Other, net 15 34
Changes in operating assets and liabilities    
Receivables (139) (29)
Inventories 5 (7)
Insurance recoverables, prepaid expenses and other 209 0
Accounts payable 82 (31)
Claims reserves, accrued and other liabilities (139) (38)
Customer deposits 582 583
Net cash provided by operating activities 1,556 1,458
INVESTING ACTIVITIES    
Additions to property and equipment (1,447) (1,997)
Insurance proceeds for the ship 0 508
Proceeds from sale of ship 70 46
Other, net 4 (13)
Net cash used in investing activities (1,373) (1,456)
FINANCING ACTIVITIES    
(Repayments of) proceeds from short-term borrowings, net (41) 262
Repayments of Long-term Debt (830) (327)
Proceeds from issuance of long-term debt 1,837 946
Dividends paid (777) (388)
Purchases of treasury stock (138) 0
Sales of treasury stock 35 0
Other, net (2) (10)
Net cash used in financing activities 84 483
Effect of exchange rate changes on cash and cash equivalents (21) (35)
Net increase in cash and cash equivalents 246 450
Cash and cash equivalents at beginning of period 465 450
Cash and cash equivalents at end of period $ 711 $ 900