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10-Q Filing

CARNIVAL CORP CIK: 815097 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0000815097-17-000008
Period End Date 20170228
Filing Date 20170330
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance ccl-20170228.xml
Filing Contents
Balance Sheet 52 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $603.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.40B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $437.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $778.00M USD Point-in-time
Trade and other receivables, net ReceivablesNetCurrent $298.00M USD Point-in-time
Trade and other receivables, net ReceivablesNetCurrent $307.00M USD Point-in-time
Inventories InventoryNet $361.00M USD Point-in-time
Inventories InventoryNet $322.00M USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $466.00M USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $492.00M USD Point-in-time
Total current assets AssetsCurrent $1.69B USD Point-in-time
Total current assets AssetsCurrent $1.60B USD Point-in-time
Property and Equipment, Net PropertyPlantAndEquipmentNet $32.33B USD Point-in-time
Property and Equipment, Net PropertyPlantAndEquipmentNet $32.43B USD Point-in-time
Goodwill Goodwill $2.91B USD Point-in-time
Goodwill Goodwill $2.91B USD Point-in-time
Other Intangibles IntangibleAssetsNetExcludingGoodwill $1.27B USD Point-in-time
Other Intangibles IntangibleAssetsNetExcludingGoodwill $1.28B USD Point-in-time
Other Assets OtherAssetsNoncurrent $578.00M USD Point-in-time
Other Assets OtherAssetsNoncurrent $588.00M USD Point-in-time
Total assets Assets $38.88B USD Point-in-time
Total assets Assets $38.70B USD Point-in-time
Short-term borrowings ShortTermBorrowings $169.00M USD Point-in-time
Short-term borrowings ShortTermBorrowings $457.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $640.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $1.13B USD Point-in-time
Accounts payable AccountsPayableCurrent $713.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $669.00M USD Point-in-time
Accrued liabilities and other AccruedLiabilitiesCurrent $1.77B USD Point-in-time
Accrued liabilities and other AccruedLiabilitiesCurrent $1.74B USD Point-in-time
Customer deposits CustomerDepositsCurrent $3.73B USD Point-in-time
Customer deposits CustomerDepositsCurrent $3.52B USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.46B USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.07B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $7.80B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $8.30B USD Point-in-time
Other Long-Term Liabilities OtherLiabilitiesNoncurrent $782.00M USD Point-in-time
Other Long-Term Liabilities OtherLiabilitiesNoncurrent $910.00M USD Point-in-time
Contingencies CommitmentsAndContingencies - USD Point-in-time
Contingencies CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $8.63B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $8.66B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $21.84B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $21.94B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.45B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.44B USD Point-in-time
Treasury stock, 118 shares at 2017 and 2016 of Carnival Corporation and 28 shares at 2017 and 27 shares at 2016 of Carnival plc, at cost TreasuryStockValue $5.79B USD Point-in-time
Treasury stock, 118 shares at 2017 and 2016 of Carnival Corporation and 28 shares at 2017 and 27 shares at 2016 of Carnival plc, at cost TreasuryStockValue $5.86B USD Point-in-time
Total shareholders equity StockholdersEquity $22.66B USD Point-in-time
Total shareholders equity StockholdersEquity $22.60B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $38.88B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $38.70B USD Point-in-time
Income Statement 54 line items
Line Item Tag Value Unit Period
Passenger tickets PassengerRevenue $2.80B USD 1 Quarter
Passenger tickets PassengerRevenue $2.72B USD 1 Quarter
Onboard and other OnboardAndOther $923.00M USD 1 Quarter
Onboard and other OnboardAndOther $978.00M USD 1 Quarter
Tour and other OtherSalesRevenueNet $10.00M USD 1 Quarter
Tour and other OtherSalesRevenueNet $9.00M USD 1 Quarter
Revenues Revenues $3.65B USD 1 Quarter
Revenues Revenues $3.79B USD 1 Quarter
Commissions, transportation and other CruiseCommissionsTransportationAndOther $569.00M USD 1 Quarter
Commissions, transportation and other CruiseCommissionsTransportationAndOther $582.00M USD 1 Quarter
Onboard and other CostOfOnboardAndOther $117.00M USD 1 Quarter
Onboard and other CostOfOnboardAndOther $125.00M USD 1 Quarter
Payroll and related CostOfServicesDirectLabor $519.00M USD 1 Quarter
Payroll and related CostOfServicesDirectLabor $492.00M USD 1 Quarter
Fuel FuelCosts $297.00M USD 1 Quarter
Fuel FuelCosts $187.00M USD 1 Quarter
Food FoodAndBeverageCostOfSales $247.00M USD 1 Quarter
Food FoodAndBeverageCostOfSales $251.00M USD 1 Quarter
Other ship operating OtherCostAndExpenseOperating $604.00M USD 1 Quarter
Other ship operating OtherCostAndExpenseOperating $661.00M USD 1 Quarter
Tour and other OtherCostOfOperatingRevenue $13.00M USD 1 Quarter
Tour and other OtherCostOfOperatingRevenue $14.00M USD 1 Quarter
Operating expenses CostOfRevenue $2.24B USD 1 Quarter
Operating expenses CostOfRevenue $2.44B USD 1 Quarter
Selling and administrative SellingGeneralAndAdministrativeExpense $549.00M USD 1 Quarter
Selling and administrative SellingGeneralAndAdministrativeExpense $551.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $423.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $439.00M USD 1 Quarter
Costs and Expenses CostsAndExpenses $3.42B USD 1 Quarter
Costs and Expenses CostsAndExpenses $3.22B USD 1 Quarter
Operating Income OperatingIncomeLoss $368.00M USD 1 Quarter
Operating Income OperatingIncomeLoss $434.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $2.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $2.00M USD 1 Quarter
Interest expense, net of capitalized interest InterestExpense $52.00M USD 1 Quarter
Interest expense, net of capitalized interest InterestExpense $51.00M USD 1 Quarter
Gains (losses) on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-236.00M USD 1 Quarter
Gains (losses) on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $27.00M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-5.00M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $8.00M USD 1 Quarter
Nonoperating (Expense) Income, Total NonoperatingIncomeExpense $-14.00M USD 1 Quarter
Nonoperating (Expense) Income, Total NonoperatingIncomeExpense $-291.00M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $354.00M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $143.00M USD 1 Quarter
Income Tax Expense, Net IncomeTaxExpenseBenefit $1.00M USD 1 Quarter
Income Tax Expense, Net IncomeTaxExpenseBenefit $2.00M USD 1 Quarter
Net Income NetIncomeLoss $142.00M USD 1 Quarter
Net Income NetIncomeLoss $352.00M USD 1 Quarter
Earnings Per Share, Basic (in dollars per share) EarningsPerShareBasic $0.48 USD 1 Quarter
Earnings Per Share, Basic (in dollars per share) EarningsPerShareBasic $0.18 USD 1 Quarter
Earnings Per Share, Diluted (in dollars per share) EarningsPerShareDiluted $0.48 USD 1 Quarter
Earnings Per Share, Diluted (in dollars per share) EarningsPerShareDiluted $0.18 USD 1 Quarter
Dividends Declared Per Share (in dollars per share) CommonStockDividendsPerShareDeclared $0.35 USD 1 Quarter
Dividends Declared Per Share (in dollars per share) CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $142.00M USD 1 Quarter
Net Income NetIncomeLoss $352.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $423.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $439.00M USD 1 Quarter
(Gains) losses on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-236.00M USD 1 Quarter
(Gains) losses on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $27.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $16.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $20.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-20.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-9.00M USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $826.00M USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $804.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $2.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $18.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $4.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $35.00M USD 1 Quarter
Insurance recoverables, prepaid expenses and other IncreaseDecreaseInOtherOperatingAssets $10.00M USD 1 Quarter
Insurance recoverables, prepaid expenses and other IncreaseDecreaseInOtherOperatingAssets $12.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-47.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-7.00M USD 1 Quarter
Accrued and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $3.00M USD 1 Quarter
Accrued and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-75.00M USD 1 Quarter
Customer deposits IncreaseDecreaseInCustomerDeposits $88.00M USD 1 Quarter
Customer deposits IncreaseDecreaseInCustomerDeposits $219.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $798.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $932.00M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $412.00M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $330.00M USD 1 Quarter
Payments of fuel derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $52.00M USD 1 Quarter
Payments of fuel derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $88.00M USD 1 Quarter
Collateral payments for fuel derivatives PaymentsforProceedsfromDerivativeInstrumentsInvestingActivitiesCollateral - USD 1 Quarter
Collateral payments for fuel derivatives PaymentsforProceedsfromDerivativeInstrumentsInvestingActivitiesCollateral $57.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $10.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-16.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-474.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-459.00M USD 1 Quarter
(Repayments of) proceeds from short-term borrowings, net ProceedsFromRepaymentsOfShortTermDebt $-289.00M USD 1 Quarter
(Repayments of) proceeds from short-term borrowings, net ProceedsFromRepaymentsOfShortTermDebt $235.00M USD 1 Quarter
Principal repayments of long-term debt RepaymentsOfOtherLongTermDebt $101.00M USD 1 Quarter
Principal repayments of long-term debt RepaymentsOfOtherLongTermDebt $628.00M USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfOtherLongTermDebt $100.00M USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfOtherLongTermDebt $555.00M USD 1 Quarter
Dividends paid PaymentsOfDividends $232.00M USD 1 Quarter
Dividends paid PaymentsOfDividends $254.00M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $69.00M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $916.00M USD 1 Quarter
Sales of treasury stock ProceedsFromSaleOfTreasuryStock - USD 1 Quarter
Sales of treasury stock ProceedsFromSaleOfTreasuryStock $40.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-2.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-1.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-615.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-947.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-9.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-9.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-166.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-617.00M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $603.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.40B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $437.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $778.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $603.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.40B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $437.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $778.00M USD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $142.00M USD 1 Quarter
Net Income NetIncomeLoss $352.00M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-208.00M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $1.00M USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax $6.00M USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax $14.00M USD 1 Quarter
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $15.00M USD 1 Quarter
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $-202.00M USD 1 Quarter
Total Comprehensive Income (Loss) ComprehensiveIncomeNetOfTax $-60.00M USD 1 Quarter
Total Comprehensive Income (Loss) ComprehensiveIncomeNetOfTax $367.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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