| Nov'19 | Nov'18 | Nov'17 | Nov'16 | |||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Net income (loss) | ||||||
2,990 | 3,152 | 2,606 | 2,779 | |||
Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||
Depreciation and amortization | ||||||
2,160 | 2,017 | 1,846 | 1,738 | |||
Impairments | ||||||
26 | 16 | 392 | 0 | |||
Gains on fuel derivatives, net | ||||||
0 | 59 | 35 | -47 | |||
Share-based compensation | ||||||
46 | 65 | 63 | 55 | |||
Other, net | ||||||
-43 | 6 | -51 | -71 | |||
Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||
5,265 | 5,186 | 4,923 | 4,690 | |||
Changes in operating assets and liabilities | ||||||
Receivables | ||||||
114 | 58 | -6 | 22 | |||
Inventories | ||||||
-79 | 67 | 49 | -1 | |||
Prepaid expenses and other | ||||||
254 | -74 | 13 | -11 | |||
Accounts payable | ||||||
34 | -24 | 21 | 109 | |||
Accrued liabilities and other | ||||||
80 | -100 | 73 | -21 | |||
Customer deposits | ||||||
387 | 539 | 361 | 366 | |||
Net cash provided by operating activities | ||||||
5,475 | 5,549 | 5,322 | 5,134 | |||
INVESTING ACTIVITIES | ||||||
Purchases of property and equipment | ||||||
5,429 | 3,749 | 2,944 | 3,062 | |||
Proceeds from sales of ships | ||||||
26 | 389 | 0 | 26 | |||
Payments of fuel derivative settlements | ||||||
6 | 39 | 203 | 291 | |||
Other, net | ||||||
-132 | 114 | -25 | -4 | |||
Net cash provided by (used in) investing activities | ||||||
-5,277 | -3,514 | -3,122 | -3,323 | |||
FINANCING ACTIVITIES | ||||||
Proceeds from (repayments of) short-term borrowings, net | ||||||
-605 | 417 | -29 | 447 | |||
Principal repayments of long-term debt | ||||||
1,651 | 1,556 | 1,227 | 1,278 | |||
Proceeds from issuance of long-term debt | ||||||
3,674 | 2,542 | 467 | 1,542 | |||
Dividends paid | ||||||
1,387 | 1,355 | 1,087 | 977 | |||
Purchases of treasury stock | ||||||
603 | 1,468 | 552 | 2,340 | |||
Sales of treasury stock | ||||||
- | - | - | 40 | |||
Other, net | ||||||
-82 | -39 | -24 | -25 | |||
Net cash provided by (used in) financing activities | ||||||
-655 | -1,460 | -2,452 | -2,591 | |||
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||
-9 | -1 | 11 | -12 | |||
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||
-465 | 574 | -241 | -792 | |||