| Cash Flow | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 |
|---|---|---|---|---|
| Net income | 801 | NaN | NaN | NaN |
| Depreciation and amortization | 1,419 | NaN | NaN | NaN |
| Loss on debt extinguishment | 0 | NaN | NaN | NaN |
| Share-based compensation | 50 | NaN | NaN | NaN |
| Amortization of discounts and debt issue costs | 54 | NaN | NaN | NaN |
| Non-cash lease expense | 85 | NaN | NaN | NaN |
| Gain on sales of ships | 0 | NaN | NaN | NaN |
| Greenhouse gas regulatory expense | 57 | NaN | NaN | NaN |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | NaN | -1,142 | -1,322 | -2,773 |
| Other | 101 | NaN | NaN | NaN |
| Receivables | -25 | -17 | 21 | 85 |
| Inventories | 45 | 3 | 33 | -2 |
| Prepaid expenses and other assets | 81 | 149 | 76 | -71 |
| Accounts payable | 29 | -33 | 46 | 25 |
| Accrued liabilities and other | 203 | -296 | 142 | 22 |
| Customer deposits | 1,075 | 585 | 137 | -1,425 |
| Net cash provided by operating activities | 2,630 | 1,263 | 1,518 | 1,383 |
| Purchases of property and equipment | 875 | 566 | 1,506 | 647 |
| Proceeds from sales of ships and other | NaN | NaN | NaN | 0 |
| Proceeds from sales of ships and other property and equipment | 0 | 3 | 323 | NaN |
| Advances to affiliates | 9 | 37 | 10 | 90 |
| Other | 0 | -3 | 1 | -113 |
| Net cash used in investing activities | -884 | -597 | -1,506 | -624 |
| Repayments of short-term borrowings | NaN | NaN | 0 | NaN |
| Principal repayments of long-term debt | 302 | 945 | 2,260 | 5,612 |
| Debt issuance costs | 25 | 4 | 76 | 27 |
| Debt extinguishment costs | 0 | 0 | 30 | 45 |
| Proceeds from issuance of long-term debt | 0 | 0 | 2,534 | 4,536 |
| Dividends paid | 206 | 208 | NaN | NaN |
| Share repurchases | 381 | NaN | NaN | NaN |
| Other | -24 | -9 | -1 | 3 |
| Net cash used in financing activities | -938 | -1,166 | 166 | -1,144 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -3 | -2 | -11 | 6 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 804 | -501 | 167 | -380 |
| Cash, cash equivalents and restricted cash at beginning of period | 1,457 | 1,958 | 1,792 | 2,171 |
| Cash, cash equivalents and restricted cash at end of period | 2,260 | 1,457 | 1,958 | 1,792 |
Carnival Corp Ltd. (CCL)
Carnival Corp Ltd. (CCL)