← Carnival Corp Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $2.8b
$2.6b -6.23%
$3.2b +20.95%
$3.0b -5.14%
($10.2b) -442.34%
($9.5b) +7.18%
($6.1b) +35.87%
($74.0m) +98.79%
$1.9b +2689.19%
$2.8b +44.05%
—
Amortization of Debt Issuance Costs and Discounts — — — $22.0m $119.0m $172.0m $171.0m $161.0m $141.0m $116.0m —
Amortization of Intangible Assets $4.0m — — — — — — — — — —
Amortization of discounts and debt issue costs — — — $22.0m $119.0m $172.0m $171.0m $161.0m $141.0m $116.0m —
Depreciation and amortization $1.7b $1.8b $2.0b $2.2b $2.2b $2.2b $2.3b $2.4b $2.6b $2.8b $2.9b
Depreciation, Depletion and Amortization, Nonproduction $1.7b $1.8b $2.0b $2.2b $2.2b $2.2b $2.3b $2.4b $2.6b $2.8b $2.9b
Share-based Payment Arrangement, Noncash Expense $55.0m $63.0m $65.0m $46.0m $105.0m $121.0m $101.0m $53.0m $62.0m $98.0m $103.0m
Share-based compensation $55.0m $63.0m $65.0m $46.0m $105.0m $121.0m $101.0m $53.0m $62.0m $98.0m $103.0m
Goodwill and Intangible Asset Impairment — $89.0m $0 $0 $2.1b $226.0m $0 $0 — — —
Goodwill, Impairment Loss — $38.0m — — $2.1b $226.0m $0 — — — ($2.0m)
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — $50.0m — — — — — — — — —
Income (Loss) from Equity Method Investments — — — — — ($129.0m) ($38.0m) ($13.0m) $9.0m — —
Nonoperating Income (Expense) ($243.0m) ($143.0m) ($118.0m) ($215.0m) ($1.4b) ($2.4b) ($1.7b) ($2.0b) ($1.7b) — —
Other Nonoperating Income (Expense) $21.0m $11.0m $3.0m ($32.0m) ($511.0m) ($173.0m) ($165.0m) ($75.0m) $83.0m ($4.0m) —
Changes in operating assets and liabilities:
Receivables ($22.0m) $6.0m ($58.0m) ($114.0m) $125.0m ($7.0m) ($171.0m) ($180.0m) ($49.0m) ($84.0m) ($64.0m)
Increase (Decrease) in Inventories ($1.0m) $49.0m $67.0m ($79.0m) ($77.0m) $63.0m $95.0m $85.0m ($9.0m) ($2.0m) ($79.0m)
Inventories $1.0m ($49.0m) ($67.0m) $79.0m $77.0m ($63.0m) ($95.0m) ($85.0m) $9.0m $2.0m ($79.0m)
Accounts payable $109.0m $21.0m ($24.0m) $34.0m ($165.0m) $206.0m $283.0m $77.0m ($26.0m) $61.0m $67.0m
Accrued liabilities and other ($21.0m) $73.0m ($100.0m) $80.0m ($311.0m) $601.0m $341.0m $147.0m $167.0m ($218.0m) $71.0m
Increase (Decrease) in Other Operating Assets ($11.0m) $13.0m ($74.0m) $254.0m $209.0m $1.1b $874.0m ($397.0m) ($352.0m) $214.0m —
Other — — — — — ($7.0m) ($1.0m) $13.0m $1.0m $12.0m —
Prepaid expenses and other assets $11.0m ($13.0m) $74.0m ($254.0m) ($209.0m) ($1.1b) ($874.0m) $397.0m $352.0m ($214.0m) —
Net Cash Provided by (Used in) Operating Activities $5.1b
$5.3b +3.66%
$5.5b +4.27%
$5.5b -1.33%
($6.3b) -215.09%
($4.1b) +34.79%
($1.7b) +59.36%
$4.3b +356.35%
$5.9b +38.36%
$6.2b +4.98%
$6.8b +9.25%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.1b $2.9b $3.7b $5.4b $3.6b $3.6b $4.9b $3.3b $4.6b $3.6b ($3.6b)
Proceeds from sales of ships and other property and equipment $26.0m $0 $389.0m $26.0m $334.0m $351.0m $70.0m $340.0m $58.0m $323.0m —
Cash, Cash Equivalents, and Short-term Investments — — — — — $9.4b $8.6b $5.4b — — —
Payments for (Proceeds from) Other Investing Activities ($4.0m) ($58.0m) $102.0m ($132.0m) ($127.0m) ($3.0m) $96.0m ($134.0m) ($34.0m) ($67.0m) —
Net Cash Provided by (Used in) Investing Activities ($3.3b) ($3.1b) ($3.5b) ($5.3b) ($3.2b) ($3.5b) ($4.8b) ($2.8b) ($4.5b) ($3.3b) ($3.6b)
Cash flows from financing activities:
Debt extinguishment costs — — — $0 $0 ($545.0m) ($1.0m) ($79.0m) ($41.0m) ($272.0m) —
Debt issuance costs — — — — — ($319.0m) ($153.0m) ($131.0m) ($203.0m) ($144.0m) —
Gain (Loss) on Extinguishment of Debt — — $0 $0 ($464.0m) ($668.0m) ($1.0m) ($98.0m) ($76.0m) ($401.0m) —
Loss on debt extinguishment — — $0 $0 $464.0m $668.0m $1.0m $98.0m $76.0m $401.0m —
Principal repayments of long-term debt ($1.3b) ($1.2b) ($1.6b) ($1.7b) ($1.6b) ($6.0b) ($2.1b) ($7.7b) ($5.4b) ($12.9b) —
Proceeds from issuance of long-term debt $1.5b $467.0m $2.5b $3.7b $15.0b $13.0b $7.2b $3.0b $3.1b $11.2b $7.1b
Repayments of short-term borrowings — — — — — ($293.0m) ($2.6b) ($200.0m) $0 $0 —
Payments for Repurchase of Common Stock $2.3b $552.0m $1.5b $603.0m $12.0m $0 $0 — — — —
Proceeds from Issuance of Common Stock — — — — $3.2b $1.0b $1.2b $5.0m $0 — $0
Dividends paid $977.0m $1.1b $1.4b $1.4b $689.0m $0 $0 — — — —
Proceeds from (Payments for) Other Financing Activities ($25.0m) ($24.0m) ($39.0m) ($82.0m) ($150.0m) ($327.0m) ($154.0m) $13.0m $1.0m $12.0m —
Net Cash Provided by (Used in) Financing Activities ($2.6b)
($2.5b) +5.36%
($1.5b) +40.46%
($655.0m) +55.14%
$18.6b +2947.33%
$6.9b -62.74%
$3.6b -48.52%
($5.1b) -242.27%
($2.6b) +49.22%
($2.2b) +15.29%
($3.1b) -40.79%
Net increase (decrease) in cash, cash equivalents and restricted cash — ($241.0m) $574.0m ($465.0m) $9.2b ($715.0m) ($2.9b) ($3.6b) ($1.2b) $727.0m —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — $11.0m ($1.0m) ($465.0m) $9.2b ($715.0m) ($2.9b) ($3.6b) ($1.2b) $727.0m $2.3b
Cash, cash equivalents and restricted cash at beginning of year — $422.0m $996.0m $530.0m $9.7b $9.0b $6.0b $2.4b $1.2b $2.0b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $11.0m ($1.0m) $530.0m $9.7b $9.0b $6.0b $2.4b $1.2b $2.0b $2.3b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $11.0m ($1.0m) ($9.0m) $53.0m ($13.0m) ($79.0m) $17.0m ($8.0m) $19.0m ($10.0m)
Effect of exchange rate changes on cash, cash equivalents and restricted cash — $11.0m ($1.0m) ($9.0m) $53.0m ($13.0m) ($79.0m) $17.0m ($8.0m) $19.0m ($10.0m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Advances to affiliates — — — — — — — ($21.0m) ($64.0m) ($100.0m) —
Customer deposits $366.0m $361.0m $539.0m $387.0m ($2.7b) $1.3b $1.7b $1.2b $507.0m $308.0m —
Gain (Loss) on Sale of Derivatives ($283.0m) ($192.0m) — — $0 — — — — — —
Gain on sales of ships — — — — — ($11.0m) ($7.0m) ($88.0m) ($41.0m) ($112.0m) —
Goodwill $2.9b $3.0b $2.9b $2.9b $807.0m $579.0m $579.0m $579.0m $579.0m $579.0m ($2.0m)
Greenhouse gas regulatory expense — — — — — — $0 $0 $46.0m $91.0m —
Income Tax Expense (Benefit) $49.0m $60.0m $54.0m $71.0m ($17.0m) ($21.0m) $14.0m $13.0m ($1.0m) $12.0m —
Income Taxes Paid, Net ($48.0m) $43.0m $58.0m $46.0m — $0 — — — — —
Interest Expense Nonoperating — — — — — — — — $1.8b $1.3b —
Interest Paid, Excluding Capitalized Interest, Operating Activities $211.0m $191.0m $182.0m $171.0m $610.0m $1.3b $1.4b $2.0b $1.6b $1.2b —
Investment Income, Interest $6.0m $9.0m $14.0m $23.0m $18.0m $12.0m $74.0m $233.0m $93.0m $51.0m —
Non-cash lease expense — — $0 $0 $172.0m $140.0m $148.0m $145.0m $142.0m $161.0m —
Operating Costs and Expenses — — — — — — $11.8b $14.3b $15.6b $15.9b —
Pension Cost (Reversal of Cost) $27.0m $53.0m $36.0m $34.0m — — — — — — —
Supplemental disclosure of cash flow information:
Unrealized Gain (Loss) on Derivatives $236.0m $227.0m — — $0 — — — — — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.