XML 32 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Carnival Corporation & Plc Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 6 Months Ended
May 31, 2014
May 31, 2013
OPERATING ACTIVITIES    
Net Income $ 91 $ 78
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 814 780
(Gains) on ship sales including impairment, net (15) (13)
Losses on fuel derivatives, net 6 59
Share-based compensation 26 24
Other, net 9 28
Changes in operating assets and liabilities    
Receivables 105 (139)
Inventories (8) 5
Insurance recoverables, prepaid expenses and other 160 209
Accounts payable (13) 82
Claims reserves and accrued and other liabilities (178) (139)
Customer deposits 676 582
Net cash provided by operating activities 1,673 1,556
INVESTING ACTIVITIES    
Additions to property and equipment (1,329) (1,447)
Proceeds from sale of ships 42 70
Other, net 19 4
Net cash used in investing activities (1,268) (1,373)
FINANCING ACTIVITIES    
Proceeds from (repayments of) short-term borrowings, net 448 (41)
Principal repayments of long-term debt (1,401) (830)
Proceeds from issuance of long-term debt 829 1,837
Dividends paid (388) (777)
Purchases of treasury stock 0 (138)
Sales of treasury stock 0 35
Other, net (7) (2)
Net cash (used in) provided by financing activities (519) 84
Effect of exchange rate changes on cash and cash equivalents (5) (21)
Net (decrease) increase in cash and cash equivalents (119) 246
Cash and cash equivalents at beginning of period 462 465
Cash and cash equivalents at end of period $ 343 $ 711