Carnival Cruises 2015 Annual Report Download - page 11

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CARNIVAL CORPORATION & PLC
CONSOLIDATED BALANCE SHEETS
(in millions, except par values)
November 30,
2015 2014
ASSETS
Current Assets
Cash and cash equivalents ................................................... $ 1,395 $ 331
Trade and other receivables, net .............................................. 303 332
Insurance recoverables ..................................................... 109 154
Inventories ............................................................... 330 349
Prepaid expenses and other .................................................. 314 322
Total current assets ...................................................... 2,451 1,488
Property and Equipment, Net ................................................ 31,888 32,819
Goodwill .................................................................. 3,010 3,127
Other Intangibles ........................................................... 1,238 1,270
Other Assets ............................................................... 650 744
$39,237 $39,448
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Short-term borrowings ..................................................... $ 30 $ 666
Current portion of long-term debt ............................................. 1,344 1,059
Accounts payable ......................................................... 627 626
Accrued liabilities and other ................................................. 1,683 1,538
Customer deposits ......................................................... 3,272 3,032
Total current liabilities ................................................... 6,956 6,921
Long-Term Debt ........................................................... 7,413 7,363
Other Long-Term Liabilities ................................................. 1,097 960
Commitments and Contingencies
Shareholders’ Equity
Common stock of Carnival Corporation, $0.01 par value; 1,960 shares authorized; 653
shares at 2015 and 652 shares at 2014 issued .................................. 7 7
Ordinary shares of Carnival plc, $1.66 par value; 216 shares at 2015 and 2014 issued .... 358 358
Additional paid-in capital ................................................... 8,562 8,384
Retained earnings ......................................................... 20,060 19,158
Accumulated other comprehensive loss ........................................ (1,741) (616)
Treasury stock, 70 shares at 2015 and 59 shares at 2014 of Carnival Corporation and 27
shares at 2015 and 32 shares at 2014 of Carnival plc, at cost ...................... (3,475) (3,087)
Total shareholders’ equity ............................................... 23,771 24,204
$39,237 $39,448
The accompanying notes are an integral part of these consolidated financial statements.
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