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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2016
Aug. 31, 2015
Cruise        
Passenger tickets $ 3,803 $ 3,631 $ 9,217 $ 8,891
Onboard and other 1,146 1,102 3,047 2,918
Tour and other 148 150 190 194
Revenues 5,097 4,883 12,454 12,003
Cruise        
Commissions, transportation and other 646 603 1,723 1,671
Onboard and other 171 170 411 395
Payroll and related 494 453 1,488 1,388
Fuel 265 345 648 996
Food 260 255 755 737
Other ship operating 643 582 1,914 1,913
Tour and other 84 82 125 129
Operating expenses 2,563 2,490 7,064 7,229
Selling and administrative 529 484 1,613 1,504
Depreciation and amortization 443 399 1,303 1,206
Costs and Expenses 3,535 3,373 9,980 9,939
Operating Income 1,562 1,510 2,474 2,064
Nonoperating (Expense) Income        
Interest income 2 2 5 6
Interest expense, net of capitalized interest (61) (53) (168) (167)
Losses on fuel derivatives, net (36) (197) (102) (378)
Other (expense) income, net (2) (12) 6 3
Nonoperating (Expense) Income, Total (97) (260) (259) (536)
Income Before Income Taxes 1,465 1,250 2,215 1,528
Income Tax Expense, Net (41) (34) (44) (41)
Net Income $ 1,424 $ 1,216 $ 2,171 $ 1,487
Earnings Per Share        
Earnings Per Share, Basic (in dollars per share) $ 1.93 $ 1.56 $ 2.89 $ 1.91
Earnings Per Share, Diluted (in dollars per share) 1.93 1.56 2.88 1.91
Dividends Declared Per Share (in dollars per share) $ 0.35 $ 0.30 $ 1.00 $ 0.80