| Feb'20 | Nov'19 | Aug'19 | May'19 | Feb'19 | Nov'18 | Aug'18 | May'18 | Feb'18 | Nov'17 | Aug'17 | May'17 | Feb'17 | Nov'16 | Aug'16 | May'16 | Feb'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||
Net income (loss) | ||||||||||||||||
-781 | 423 | 1,780 | 451 | 336 | 493 | 1,708 | 560 | 391 | 546 | 1,330 | 378 | 352 | 608 | 1,424 | 605 | 142 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
570 | 553 | 548 | 543 | 516 | 507 | 510 | 512 | 488 | 478 | 472 | 457 | 439 | 435 | 442 | 438 | 423 |
Impairments | ||||||||||||||||
1,062 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Gains on fuel derivatives, net | ||||||||||||||||
- | - | - | - | - | -2 | 4 | 41 | 16 | 54 | 8 | -54 | 27 | 55 | -37 | 171 | -236 |
Share-based compensation | ||||||||||||||||
20 | 8 | 11 | 7 | 20 | 16 | 17 | 14 | 18 | 15 | 14 | 14 | 20 | 15 | 12 | 12 | 16 |
Other, net | ||||||||||||||||
73 | -14 | -19 | 2 | -12 | -16 | 26 | 20 | -24 | 1 | -16 | -16 | -20 | -25 | -24 | -13 | -9 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||||||||||||
798 | 999 | 2,383 | 999 | 884 | 1,035 | 2,221 | 1,026 | 904 | 984 | 2,216 | 919 | 804 | 1,028 | 1,939 | 897 | 826 |
Changes in operating assets and liabilities | ||||||||||||||||
Receivables | ||||||||||||||||
-21 | 13 | 51 | 0 | 50 | -3 | 26 | 5 | 30 | -7 | -7 | 6 | 2 | -13 | -5 | 22 | 18 |
Inventories | ||||||||||||||||
15 | -57 | -17 | 2 | -7 | 48 | 3 | 17 | -1 | 31 | -1 | -16 | 35 | 14 | 1 | -20 | 4 |
Prepaid expenses and other | ||||||||||||||||
120 | 34 | -82 | 148 | 154 | 2 | -17 | 39 | -98 | 12 | -27 | 18 | 10 | -21 | 14 | -16 | 12 |
Accounts payable | ||||||||||||||||
148 | 59 | -93 | 3 | 65 | 70 | -80 | -33 | 19 | 122 | -63 | 9 | -47 | 21 | 52 | 43 | -7 |
Accrued liabilities and other | ||||||||||||||||
120 | 17 | 15 | 43 | 5 | 66 | 83 | -51 | -198 | 48 | 45 | -23 | 3 | -16 | 79 | -9 | -75 |
Customer deposits | ||||||||||||||||
-36 | -22 | -1,107 | 1,158 | 358 | -10 | -864 | 1,142 | 271 | -94 | -784 | 1,020 | 219 | -29 | -631 | 938 | 88 |
Net cash provided by operating activities | ||||||||||||||||
916 | 1,061 | 1,245 | 2,053 | 1,116 | 1,113 | 1,349 | 2,023 | 1,064 | 1,024 | 1,449 | 1,917 | 932 | 1,024 | 1,429 | 1,883 | 798 |
INVESTING ACTIVITIES | ||||||||||||||||
Purchases of property and equipment | ||||||||||||||||
1,326 | 1,981 | 427 | 892 | 2,129 | 965 | 583 | 1,627 | 574 | 648 | 437 | 1,447 | 412 | 646 | 450 | 1,636 | 330 |
Proceeds from sales of ships | ||||||||||||||||
226 | 11 | 9 | 6 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Payments of fuel derivative settlements | ||||||||||||||||
0 | 0 | 0 | 0 | 6 | 2 | 3 | 13 | 21 | 46 | 58 | 47 | 52 | 60 | 61 | 82 | 88 |
Collateral payments for fuel derivatives | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | -47 | -32 | 57 |
Other, net | ||||||||||||||||
61 | -10 | -19 | -27 | -76 | 35 | 109 | -24 | -6 | 9 | -10 | -34 | 10 | -20 | -15 | 47 | -16 |
Net cash provided by (used in) investing activities | ||||||||||||||||
-1,161 | -1,960 | -399 | -859 | -2,059 | -897 | -514 | -1,515 | -588 | -703 | -485 | -1,460 | -474 | -701 | -449 | -1,714 | -459 |
FINANCING ACTIVITIES | ||||||||||||||||
Proceeds from (repayments of) short-term borrowings, net | ||||||||||||||||
779 | -5 | -243 | -276 | -81 | 235 | -216 | -213 | 611 | 306 | -517 | 471 | -289 | 146 | -78 | 144 | 235 |
Principal repayments of long-term debt | ||||||||||||||||
132 | 1,179 | 134 | 243 | 95 | 285 | 90 | 218 | 963 | 215 | 105 | 806 | 101 | 307 | 102 | 241 | 628 |
Proceeds from issuance of long-term debt | ||||||||||||||||
823 | 1,952 | 0 | 283 | 1,439 | 924 | 0 | 1,149 | 469 | 0 | 0 | 367 | 100 | 498 | 110 | 379 | 555 |
Dividends paid | ||||||||||||||||
344 | 346 | 347 | 346 | 348 | 352 | 357 | 323 | 323 | 290 | 290 | 253 | 254 | 256 | 262 | 227 | 232 |
Purchases of treasury stock | ||||||||||||||||
12 | 131 | 156 | 42 | 274 | 263 | 692 | 295 | 218 | 247 | 153 | 83 | 69 | 230 | 709 | 485 | 916 |
Sales of treasury stock | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 40 |
Other, net | ||||||||||||||||
-24 | -33 | -6 | -14 | -29 | -11 | -12 | -12 | -4 | -2 | -4 | -16 | -2 | -16 | -4 | -4 | -1 |
Net cash provided by (used in) financing activities | ||||||||||||||||
1,089 | 257 | -886 | -638 | 612 | 247 | -1,368 | 89 | -428 | -448 | -1,069 | -320 | -615 | -165 | -1,045 | -434 | -947 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||||||||||
-7 | 2 | -6 | -6 | 1 | -8 | 5 | -10 | 12 | 0 | -3 | 23 | -9 | -17 | 8 | 6 | -9 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||||||||
838 | -639 | -46 | 551 | -331 | 454 | -526 | 586 | 60 | -127 | -108 | 160 | -166 | 141 | -57 | -259 | -617 |