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Shareholders' Equity | 12 Months Ended
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Nov. 30, 2019
Equity [Abstract] |
Shareholders' Equity | Shareholders’ Equity Under a share repurchase program effective 2004, we are authorized to repurchase Carnival Corporation common stock and Carnival plc ordinary shares (the “Repurchase Program”). Effective August 27, 2018, the company approved modifications of the general authorization under the Repurchase Program, which replenished the remaining authorized repurchases at the time of the approvals to $1.0 billion. The Repurchase Program does not have an expiration date and may be discontinued by our Boards of Directors at any time.
| Carnival Corporation |  | Carnival plc
(in millions) | Number of Shares Repurchased |  | Dollar Amount Paid for Shares Repurchased |  | Number of Shares Repurchased |  | Dollar Amount Paid for Shares Repurchased
2019 | 0.6 |  |  | $ | 26 |  |  | 12.2 |  |  | $ | 569 |
2018 | 7.8 |  |  | $ | 476 |  |  | 16.3 |  |  | $ | 985 |
2017 | 3.3 |  |  | $ | 223 |  |  | 5.6 |  |  | $ | 335 |
| AOCI
| November 30,
(in millions) | 2019 |  | 2018
Cumulative foreign currency translation adjustments, net | $ | (1,961 | ) |  | $ | (1,875 | )
Unrecognized pension expenses | (88 | ) |  | (56 | )
Net losses on cash flow derivative hedges | (18 | ) |  | (19 | )
| $ | (2,066 | ) |  | $ | (1,949 | )
During 2019, 2018 and 2017, there were $5 million, $5 million and $18 million of unrecognized pension expenses that were reclassified out of accumulated other comprehensive loss and were included within payroll and related expenses and selling and administrative expenses. We declared quarterly cash dividends on all of our common stock and ordinary shares as follows:
| Quarters Ended
(in millions, except per share data) | February 28 |  | May 31 |  | August 31 |  | November 30
2019 |  |  |  |  |  |  |
Dividends declared per share | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |
Dividends declared | $ | 345 |  |  | $ | 346 |  |  | $ | 342 |  |  | $ | 346 |
2018 |  |  |  |  |  |  |
Dividends declared per share | $ | 0.45 |  |  | $ | 0.50 |  |  | $ | 0.50 |  |  | $ | 0.50 |
Dividends declared | $ | 322 |  |  | $ | 357 |  |  | $ | 350 |  |  | $ | 349 |
2017 |  |  |  |  |  |  |
Dividends declared per share | $ | 0.35 |  |  | $ | 0.40 |  |  | $ | 0.40 |  |  | $ | 0.45 |
Dividends declared | $ | 251 |  |  | $ | 291 |  |  | $ | 289 |  |  | $ | 324 |
Carnival Corporation’s Articles of Incorporation authorize its Board of Directors, at its discretion, to issue up to 40 million shares of preferred stock. At November 30, 2019 and 2018, no Carnival Corporation preferred stock or Carnival plc preference shares had been issued.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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