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10-Q Filing

CARNIVAL CORP CIK: 815097 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0000815097-19-000011
Period End Date 20190228
Filing Date 20190409
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance ccl-20190228.xml
Balance Sheet 52 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $649.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $982.00M USD Point-in-time
Trade and other receivables, net ReceivablesNetCurrent $406.00M USD Point-in-time
Trade and other receivables, net ReceivablesNetCurrent $358.00M USD Point-in-time
Inventories InventoryNet $444.00M USD Point-in-time
Inventories InventoryNet $450.00M USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $603.00M USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $436.00M USD Point-in-time
Total current assets AssetsCurrent $2.10B USD Point-in-time
Total current assets AssetsCurrent $2.23B USD Point-in-time
Property and Equipment, Net PropertyPlantAndEquipmentNet $35.34B USD Point-in-time
Property and Equipment, Net PropertyPlantAndEquipmentNet $37.01B USD Point-in-time
Goodwill Goodwill $2.92B USD Point-in-time
Goodwill Goodwill $2.94B USD Point-in-time
Other Intangibles IntangibleAssetsNetExcludingGoodwill $1.18B USD Point-in-time
Other Intangibles IntangibleAssetsNetExcludingGoodwill $1.18B USD Point-in-time
Other Assets OtherAssetsNoncurrent $700.00M USD Point-in-time
Other Assets OtherAssetsNoncurrent $738.00M USD Point-in-time
Total assets Assets $43.93B USD Point-in-time
Total assets Assets $42.40B USD Point-in-time
Short-term borrowings ShortTermBorrowings $768.00M USD Point-in-time
Short-term borrowings ShortTermBorrowings $848.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $1.58B USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $1.68B USD Point-in-time
Accounts payable AccountsPayableCurrent $730.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $798.00M USD Point-in-time
Accrued liabilities and other AccruedLiabilitiesCurrent $1.65B USD Point-in-time
Accrued liabilities and other AccruedLiabilitiesCurrent $1.64B USD Point-in-time
Customer deposits ContractWithCustomerLiabilityCurrent $4.75B USD Point-in-time
Customer deposits ContractWithCustomerLiabilityCurrent $4.39B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.20B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.64B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $9.13B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $7.90B USD Point-in-time
Other Long-Term Liabilities OtherLiabilitiesNoncurrent $856.00M USD Point-in-time
Other Long-Term Liabilities OtherLiabilitiesNoncurrent $912.00M USD Point-in-time
Contingencies CommitmentsAndContingencies - USD Point-in-time
Contingencies CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $8.76B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $8.78B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $25.03B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $25.07B USD Point-in-time
Accumulated other comprehensive income (loss) (AOCI) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.95B USD Point-in-time
Accumulated other comprehensive income (loss) (AOCI) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.87B USD Point-in-time
Treasury stock, 130 shares at 2019 and 129 shares at 2018 of Carnival Corporation and 53 shares at 2019 and 48 shares at 2018 of Carnival plc, at cost TreasuryStockValue $8.06B USD Point-in-time
Treasury stock, 130 shares at 2019 and 129 shares at 2018 of Carnival Corporation and 53 shares at 2019 and 48 shares at 2018 of Carnival plc, at cost TreasuryStockValue $7.79B USD Point-in-time
Total shareholders equity StockholdersEquity $24.38B USD Point-in-time
Total shareholders equity StockholdersEquity $24.44B USD Point-in-time
Total shareholders equity StockholdersEquity $24.24B USD Point-in-time
Total shareholders equity StockholdersEquity $24.22B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $42.40B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $43.93B USD Point-in-time
Income Statement 30 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.67B USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.23B USD 1 Quarter
Selling and administrative SellingGeneralAndAdministrativeExpense $616.00M USD 1 Quarter
Selling and administrative SellingGeneralAndAdministrativeExpense $629.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $516.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $488.00M USD 1 Quarter
Operating costs and expenses CostsAndExpenses $3.81B USD 1 Quarter
Operating costs and expenses CostsAndExpenses $4.29B USD 1 Quarter
Operating Income OperatingIncomeLoss $386.00M USD 1 Quarter
Operating Income OperatingIncomeLoss $419.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $4.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $3.00M USD 1 Quarter
Interest expense, net of capitalized interest InterestExpense $48.00M USD 1 Quarter
Interest expense, net of capitalized interest InterestExpense $51.00M USD 1 Quarter
Gains on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet - USD 1 Quarter
Gains on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $16.00M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $1.00M USD 1 Quarter
Other (expense) income, net OtherNonoperatingIncomeExpense $-2.00M USD 1 Quarter
Nonoperating Income (Expense) NonoperatingIncomeExpense $-49.00M USD 1 Quarter
Nonoperating Income (Expense) NonoperatingIncomeExpense $-28.00M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $390.00M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $338.00M USD 1 Quarter
Income Tax Expense, Net IncomeTaxExpenseBenefit - USD 1 Quarter
Income Tax Expense, Net IncomeTaxExpenseBenefit $2.00M USD 1 Quarter
Net Income NetIncomeLoss $336.00M USD 1 Quarter
Net Income NetIncomeLoss $391.00M USD 1 Quarter
Earnings per share, basic (in dollars per share) EarningsPerShareBasic $0.54 USD 1 Quarter
Earnings per share, basic (in dollars per share) EarningsPerShareBasic $0.48 USD 1 Quarter
Earnings per share, diluted (in dollars per share) EarningsPerShareDiluted $0.54 USD 1 Quarter
Earnings per share, diluted (in dollars per share) EarningsPerShareDiluted $0.48 USD 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $336.00M USD 1 Quarter
Net income NetIncomeLoss $391.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $516.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $488.00M USD 1 Quarter
Gains on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet - USD 1 Quarter
Gains on fuel derivatives, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $16.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $20.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $18.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-24.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-12.00M USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $884.00M USD 1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $904.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $30.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $50.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-1.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-7.00M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInOtherOperatingAssets $154.00M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInOtherOperatingAssets $-98.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $19.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $65.00M USD 1 Quarter
Accrued liabilities and other IncreaseDecreaseInOtherOperatingLiabilities $5.00M USD 1 Quarter
Accrued liabilities and other IncreaseDecreaseInOtherOperatingLiabilities $-198.00M USD 1 Quarter
Customer deposits IncreaseDecreaseInContractWithCustomerLiability $271.00M USD 1 Quarter
Customer deposits IncreaseDecreaseInContractWithCustomerLiability $358.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.12B USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.06B USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $574.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.13B USD 1 Quarter
Payments of fuel derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $21.00M USD 1 Quarter
Payments of fuel derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $6.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-76.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-6.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-588.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.06B USD 1 Quarter
(Repayments of) proceeds from short-term borrowings, net ProceedsFromRepaymentsOfShortTermDebt $611.00M USD 1 Quarter
(Repayments of) proceeds from short-term borrowings, net ProceedsFromRepaymentsOfShortTermDebt $-81.00M USD 1 Quarter
Principal repayments of long-term debt RepaymentsOfOtherLongTermDebt $963.00M USD 1 Quarter
Principal repayments of long-term debt RepaymentsOfOtherLongTermDebt $95.00M USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfOtherLongTermDebt $1.44B USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfOtherLongTermDebt $469.00M USD 1 Quarter
Dividends paid PaymentsOfDividends $323.00M USD 1 Quarter
Dividends paid PaymentsOfDividends $348.00M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $274.00M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $218.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-29.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-4.00M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $612.00M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-428.00M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.00M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.00M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $60.00M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-331.00M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $482.00M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $422.00M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $996.00M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $665.00M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $482.00M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $422.00M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $996.00M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $665.00M USD Point-in-time
Stockholders Equity 18 line items
Line Item Tag Value Unit Period
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.45 USD 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.50 USD 1 Quarter
Beginning Balance StockholdersEquity $24.38B USD Point-in-time
Beginning Balance StockholdersEquity $24.44B USD Point-in-time
Beginning Balance StockholdersEquity $24.24B USD Point-in-time
Beginning Balance StockholdersEquity $24.22B USD Point-in-time
Net Income NetIncomeLoss $336.00M USD 1 Quarter
Net Income NetIncomeLoss $391.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $79.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $295.00M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $322.00M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $345.00M USD 1 Quarter
Purchases of treasury stock under the Repurchase Program and other TreasuryStockValueAcquiredCostMethod $198.00M USD 1 Quarter
Purchases of treasury stock under the Repurchase Program and other TreasuryStockValueAcquiredCostMethod $248.00M USD 1 Quarter
Ending Balance StockholdersEquity $24.38B USD Point-in-time
Ending Balance StockholdersEquity $24.44B USD Point-in-time
Ending Balance StockholdersEquity $24.24B USD Point-in-time
Ending Balance StockholdersEquity $24.22B USD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $336.00M USD 1 Quarter
Net Income NetIncomeLoss $391.00M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $292.00M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $79.00M USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax - USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax $3.00M USD 1 Quarter
Other Comprehensive Income OtherComprehensiveIncomeLossNetOfTax $79.00M USD 1 Quarter
Other Comprehensive Income OtherComprehensiveIncomeLossNetOfTax $295.00M USD 1 Quarter
Total Comprehensive Income ComprehensiveIncomeNetOfTax $415.00M USD 1 Quarter
Total Comprehensive Income ComprehensiveIncomeNetOfTax $686.00M USD 1 Quarter

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

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