Carnival corporation (CCL)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Nov'09Aug'09May'09Feb'09
OPERATING ACTIVITIES
Net income (loss)

1,873

2,990

3,060

2,988

3,097

3,152

3,205

2,827

2,645

2,606

2,668

2,762

2,989

2,779

2,441

2,233

1,850

1,757

1,384

1,409

1,285

1,216

1,362

1,055

998

1,055

1,105

1,501

1,474

1,298

1,422

1,429

1,621

1,912

1,943

1,909

1,955

1,978

1,923

1,693

1,705

1,790

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization

2,214

2,160

2,114

2,076

2,045

2,017

1,988

1,950

1,895

1,846

1,803

1,773

1,754

1,738

1,723

1,680

1,648

1,626

1,614

1,629

1,633

1,637

1,633

1,625

1,606

1,590

1,578

1,555

1,540

1,527

1,520

1,527

1,531

1,522

1,504

1,469

1,438

1,416

1,394

1,375

1,343

1,309

0

0

0

Impairments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on fuel derivatives, net

-

-

-

-

-

59

115

119

24

35

36

-9

216

-47

-300

-460

-643

-576

-659

-446

-424

-271

41

89

48

36

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill, trademark and other impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

173

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation

46

46

54

60

67

65

64

61

61

63

63

61

59

55

57

58

60

55

53

51

50

52

47

44

37

42

41

41

43

39

37

39

43

46

49

49

45

43

42

41

46

50

0

0

0

Other, net

42

-43

-45

0

18

6

23

-19

-55

-51

-77

-85

-82

-71

-59

-42

-37

-32

-30

-38

-34

-35

-60

-43

-48

-62

-36

-6

10

-12

19

-45

-60

-21

-48

-19

44

15

-37

-17

-59

-37

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities

5,179

5,265

5,301

5,139

5,166

5,186

5,135

5,130

5,023

4,923

4,967

4,690

4,668

4,690

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities
Receivables

43

114

98

73

78

58

54

21

22

-6

-12

-10

6

22

8

-49

-7

-4

-18

115

92

-75

-78

-116

-152

128

133

125

127

15

-21

-49

-6

43

-46

-107

-91

-106

-64

53

-19

-81

0

0

0

Inventories

-57

-79

26

46

61

67

50

46

13

49

32

34

30

-1

15

-10

6

-5

-21

-21

-17

-1

-35

-7

-7

-21

22

4

7

16

11

26

39

54

61

49

19

12

-6

5

10

-10

0

0

0

Prepaid expenses and other

220

254

222

287

178

-74

-64

-74

-95

13

-20

21

-13

-11

-27

-74

-99

-131

-95

-267

-328

-422

-568

-431

-462

-424

-391

-357

-218

-148

-13

14

-28

-18

-66

-15

13

14

-16

-32

10

-7

0

0

0

Accounts payable

117

34

45

58

22

-24

28

45

87

21

-80

35

69

109

147

33

23

36

8

61

103

9

7

-16

-32

79

30

89

61

-24

46

10

4

67

-30

-41

-19

-36

8

94

71

74

0

0

0

Accrued liabilities and other

195

80

129

197

103

-100

-118

-156

-128

73

9

43

57

-21

-17

-110

-71

-31

-20

-166

-289

-382

-582

-415

-438

-333

-221

-293

-225

-192

-76

-27

58

-41

-74

34

16

81

57

59

79

29

0

0

0

Customer deposits

-7

387

399

642

626

539

455

535

413

361

426

579

497

366

374

411

282

354

325

385

229

92

143

-11

-43

-105

-128

-8

4

-7

37

67

185

291

259

313

322

271

291

450

175

-45

0

0

0

Net cash provided by operating activities

5,275

5,475

5,527

5,631

5,601

5,549

5,460

5,560

5,454

5,322

5,322

5,302

5,268

5,134

5,088

4,940

4,572

4,545

4,204

4,043

3,724

3,430

3,268

2,951

2,912

2,834

2,882

3,097

3,076

2,999

3,226

3,423

3,676

3,766

3,750

3,825

3,834

3,818

3,796

3,695

3,433

3,342

0

0

0

INVESTING ACTIVITIES
Purchases of property and equipment

4,626

5,429

4,413

4,569

5,304

3,749

3,432

3,286

3,106

2,944

2,942

2,955

3,144

3,062

3,006

2,879

1,682

2,294

2,610

2,635

3,172

2,583

2,014

2,031

2,261

2,149

1,980

1,782

2,306

2,332

2,425

3,071

2,791

2,696

3,176

3,033

2,582

3,579

3,816

3,592

4,243

3,380

0

0

0

Proceeds from sales of ships

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of fuel derivative settlements

0

6

8

11

24

39

83

138

172

203

217

220

255

291

311

294

265

219

143

98

45

2

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collateral proceeds for fuel derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of ships

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

5

-132

-87

41

44

114

88

-31

-41

-25

-54

-59

22

-4

16

31

-26

-35

-55

-53

-58

-36

-104

-37

-22

-23

69

-23

-37

-6

-35

-40

-9

-50

-1

-1

-39

-78

-150

-76

-56

4

0

0

0

Net cash provided by (used in) investing activities

-4,379

-5,277

-4,214

-4,329

-4,985

-3,514

-3,320

-3,291

-3,236

-3,122

-3,120

-3,084

-3,338

-3,323

-3,295

-3,224

-1,963

-2,478

-2,695

-2,666

-3,132

-2,507

-1,866

-1,951

-2,238

-2,056

-1,979

-1,689

-1,691

-1,772

-1,836

-2,477

-2,736

-2,646

-3,175

-3,032

-2,543

-3,501

-3,666

-3,516

-4,187

-3,384

0

0

0

FINANCING ACTIVITIES
Proceeds from (repayments of) short-term borrowings, net

255

-605

-365

-338

-275

417

488

187

871

-29

-189

250

-77

447

293

103

-608

-633

-103

-188

483

617

-43

493

281

4

188

-527

-414

-224

-885

283

-130

-450

491

-547

-246

626

230

669

636

-288

0

0

0

Principal repayments of revolvers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350

350

1,068

1,665

1,749

0

0

0

Proceeds from revolvers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

94

170

195

718

1,166

0

0

0

Principal repayments of long-term debt

1,688

1,651

757

713

688

1,556

1,486

1,501

2,089

1,227

1,319

1,316

751

1,278

1,437

1,523

1,530

1,238

1,725

1,649

2,490

2,466

2,783

2,783

1,912

2,212

1,241

1,555

1,552

1,052

982

1,257

1,227

1,250

1,782

1,366

1,759

1,842

2,047

1,853

1,400

1,273

0

0

0

Proceeds from issuance of long-term debt

3,058

3,674

2,646

2,646

3,512

2,542

1,618

1,618

836

467

965

1,075

1,087

1,542

2,613

2,503

2,124

2,041

1,269

1,269

2,098

1,626

1,679

1,679

1,687

2,687

0

0

0

-

-

-

-

-

-

-

-

1,280

1,554

2,118

2,652

2,299

0

0

0

Dividends paid

1,383

1,387

1,393

1,403

1,380

1,355

1,293

1,226

1,156

1,087

1,053

1,025

999

977

953

887

854

816

778

776

776

776

776

775

776

1,164

1,165

1,168

1,167

779

781

782

786

671

0

0

0

-

-

-

-

314

0

0

0

Purchases of treasury stock

341

603

735

1,271

1,524

1,468

1,452

913

701

552

535

1,091

1,493

2,340

2,477

1,934

1,449

533

0

0

0

-

-

-

-

138

0

0

0

-

-

-

-

-

-

-

-

524

650

484

238

188

0

0

0

Sales of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

40

137

304

304

264

0

0

0

-

-

-

-

35

0

0

0

-

-

-

-

-

-

-

-

545

677

503

248

196

0

0

0

Proceeds from settlement of foreign currency swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-113

0

0

0

Other, net

-77

-82

-60

-66

-64

-39

-30

-22

-26

-24

-38

-38

-26

-25

-35

-28

-27

-27

-13

-26

-30

-29

-16

3

6

8

23

17

12

9

1

-1

-20

28

-14

9

48

4

31

-3

-48

-55

0

0

0

Net cash provided by (used in) financing activities

-178

-655

-665

-1,147

-420

-1,460

-2,155

-1,856

-2,265

-2,452

-2,169

-2,145

-2,259

-2,591

-1,859

-1,462

-2,040

-942

-1,349

-1,370

-715

-1,028

-1,939

-1,383

-739

-780

-482

-1,589

-1,343

-1,190

-1,222

-551

-913

-1,093

-685

-888

-1,610

-404

-543

-2

903

-93

0

0

0

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-17

-9

-19

-8

-12

-1

7

-1

32

11

-6

5

-12

-12

-11

-33

-71

-61

-57

-52

-18

-26

-8

15

10

-1

-8

-8

-37

-22

-30

-52

-21

-6

13

58

31

-22

-36

-68

-3

23

0

0

0

Net increase (decrease) in cash, cash equivalents and restricted cash

704

-465

628

148

183

574

-7

411

-15

-241

27

78

-341

-792

-77

221

498

1,064

103

-45

-141

-131

-545

-368

-55

-3

413

-189

5

15

138

343

6

21

-97

-37

-288

-109

-449

109

146

-112

0

0

0