| Nov'19 | Nov'18 | Nov'17 | Nov'16 | Nov'15 | Nov'14 | Nov'13 | Nov'12 | Nov'11 | Nov'10 | Nov'09 | Nov'08 | Nov'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||
Net income (loss) | ||||||||||||
2,990 | 3,152 | 2,606 | 2,779 | 1,757 | 1,216 | 1,055 | 1,298 | 1,912 | 1,978 | 1,790 | 2,324 | 2,408 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||||||||
Depreciation and amortization | ||||||||||||
2,160 | 2,017 | 1,846 | 1,738 | 1,626 | 1,637 | 1,590 | 1,527 | 1,522 | 1,416 | 1,309 | 1,249 | 1,101 |
Impairments | ||||||||||||
26 | 16 | 392 | 0 | 0 | 2 | 163 | 49 | 28 | - | - | - | - |
Gains on fuel derivatives, net | ||||||||||||
0 | 59 | 35 | -47 | -576 | -271 | 36 | -7 | 1 | - | - | - | - |
Goodwill, trademark and other impairment charges | ||||||||||||
- | - | - | - | - | - | - | 173 | 0 | - | - | - | - |
Share-based compensation | ||||||||||||
46 | 65 | 63 | 55 | 55 | 52 | 42 | 39 | 46 | 43 | 50 | 50 | 64 |
Other, net | ||||||||||||
-43 | 6 | -51 | -71 | -32 | -35 | -62 | -12 | -21 | 15 | -37 | -31 | 26 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||||||||
5,265 | 5,186 | 4,923 | 4,690 | 4,046 | 3,213 | - | - | - | - | - | - | - |
Changes in operating assets and liabilities | ||||||||||||
Receivables | ||||||||||||
114 | 58 | -6 | 22 | -4 | -75 | 128 | 15 | 43 | -106 | -81 | 70 | 119 |
Inventories | ||||||||||||
-79 | 67 | 49 | -1 | -5 | -1 | -21 | 16 | 54 | 12 | -10 | 8 | 57 |
Prepaid expenses and other | ||||||||||||
254 | -74 | 13 | -11 | -131 | -422 | -424 | -148 | -18 | 14 | -7 | 18 | 56 |
Accounts payable | ||||||||||||
34 | -24 | 21 | 109 | 36 | 9 | 79 | -24 | 67 | -36 | 74 | -66 | 109 |
Accrued liabilities and other | ||||||||||||
80 | -100 | 73 | -21 | -31 | -382 | -333 | -192 | -41 | 81 | 29 | 37 | 163 |
Customer deposits | ||||||||||||
387 | 539 | 361 | 366 | 354 | 92 | -105 | -7 | 291 | 271 | -45 | -76 | 430 |
Net cash provided by operating activities | ||||||||||||
5,475 | 5,549 | 5,322 | 5,134 | 4,545 | 3,430 | 2,834 | 2,999 | 3,766 | 3,818 | 3,342 | 3,391 | 4,069 |
INVESTING ACTIVITIES | ||||||||||||
Purchases of property and equipment | ||||||||||||
5,429 | 3,749 | 2,944 | 3,062 | 2,294 | 2,583 | 2,149 | 2,332 | 2,696 | 3,579 | 3,380 | 3,353 | 3,312 |
Proceeds from sales of ships | ||||||||||||
26 | 389 | 0 | 26 | - | 42 | 70 | 46 | - | - | - | - | - |
Payments of fuel derivative settlements | ||||||||||||
6 | 39 | 203 | 291 | 219 | 2 | 0 | 508 | 0 | - | - | - | - |
Purchases of short-term investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2,098 |
Sales of short-term investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2,078 |
Acquisition of business, net of cash acquired and sales of businesses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 339 |
Other, net | ||||||||||||
-132 | 114 | -25 | -4 | -35 | -36 | -23 | -6 | -50 | -78 | 4 | -98 | 75 |
Net cash provided by (used in) investing activities | ||||||||||||
-5,277 | -3,514 | -3,122 | -3,323 | -2,478 | -2,507 | -2,056 | -1,772 | -2,646 | -3,501 | -3,384 | -3,255 | -3,746 |
FINANCING ACTIVITIES | ||||||||||||
Proceeds from (repayments of) short-term borrowings, net | ||||||||||||
-605 | 417 | -29 | 447 | -633 | 617 | 4 | -224 | -450 | 626 | -288 | 138 | -1,281 |
Principal repayments of revolvers | ||||||||||||
- | - | - | - | - | - | - | - | - | 350 | 1,749 | 3,314 | 135 |
Proceeds from revolvers | ||||||||||||
- | - | - | - | - | - | - | - | - | 94 | 1,166 | 3,186 | 1,086 |
Principal repayments of long-term debt | ||||||||||||
1,651 | 1,556 | 1,227 | 1,278 | 1,238 | 2,466 | 2,212 | 1,052 | 1,250 | 1,842 | 1,273 | 1,211 | 1,656 |
Proceeds from issuance of long-term debt | ||||||||||||
3,674 | 2,542 | 467 | 1,542 | 2,041 | 1,626 | 2,687 | 946 | 1,704 | 1,280 | 2,299 | 2,243 | 2,654 |
Dividends paid | ||||||||||||
1,387 | 1,355 | 1,087 | 977 | 816 | 776 | 1,164 | 779 | 671 | 237 | 314 | 1,261 | 990 |
Purchases of treasury stock | ||||||||||||
603 | 1,468 | 552 | 2,340 | 533 | 0 | 138 | 90 | 454 | 524 | 188 | 98 | 326 |
Sales of treasury stock | ||||||||||||
- | - | - | 40 | 264 | 0 | 35 | 0 | 0 | 545 | 196 | 15 | 0 |
Proceeds from settlement of foreign currency swaps | ||||||||||||
- | - | - | - | - | - | - | - | - | - | -113 | - | 0 |
Other, net | ||||||||||||
-82 | -39 | -24 | -25 | -27 | -29 | 8 | 9 | 28 | 4 | -55 | -13 | 44 |
Net cash provided by (used in) financing activities | ||||||||||||
-655 | -1,460 | -2,452 | -2,591 | -942 | -1,028 | -780 | -1,190 | -1,093 | -404 | -93 | -315 | -604 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||||||
-9 | -1 | 11 | -12 | -61 | -26 | -1 | -22 | -6 | -22 | 23 | -114 | 61 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||||
-465 | 574 | -241 | -792 | 1,064 | -131 | -3 | 15 | 21 | -109 | -112 | -293 | -220 |