Jack, handcuffed by Lovejoy to a pipe in the master-at-arms’ office (on Cal’s false theft charge), feels the shudder. Rose, rescued into a lifeboat by Cal, looks at her mother’s cold face, at Cal’s smug relief – and jumps back onto the sinking ship.
The camera drifts to her sleeping face – then sinks through the ocean, into the wreck, through a doorway, into the grand staircase of the Titanic. The clock turns backward. The ship is whole. People applaud.
They escape. Cal, defeated, wraps his coat around him – forgetting the Heart of the Ocean in the pocket – and bribes his way onto a collapsible boat by holding a lost child.
She runs through rising water, finds Jack, and fights to free him. With an axe, she chops the chain. Together, they race upward as the Titanic groans. The ship tilts steeper. Chaos. Cal and Jack fight over Rose. Cal finally puts Rose into a lifeboat – but he lies, telling her he has arranged a spot for Jack. As the boat lowers, Rose sees Jack still trapped below. She climbs back out. Cal, enraged, grabs a pistol and chases them through the flooding first-class dining room.