XML 33 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information
3 Months Ended
Feb. 28, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information
We revised our operating segments due to changes in our internal reporting as a result of the recent strategic realignment of our business in Australia. The presentation of prior period segment information has been revised to reflect this change. Our operating segments are reported on the same basis as the internally reported information that is provided to our chief operating decision maker (“CODM”), who is the President and Chief Executive Officer of Carnival Corporation and Carnival plc. The CODM assesses performance and makes decisions to allocate resources for Carnival Corporation & plc based upon review of the results across all of our segments. Our four reportable segments are comprised of (1) North America and Australia cruise operations (“NAA”), (2) Europe and Asia cruise operations (“EA”), (3) Cruise Support and (4) Tour and Other.

The operating segments within each of our NAA and EA reportable segments have been aggregated based on the similarity of their economic and other characteristics. Our Cruise Support segment represents our portfolio of leading port destinations and other services, all of which are operated for the benefit of our cruise brands. Our Tour and Other segment represents the hotel and transportation operations of Holland America Princess Alaska Tours and other operations.
 
Three Months Ended February 28,
(in millions)
Revenues
 
Operating costs and
expenses
 
Selling
and
administrative
 
Depreciation
and
amortization
 
Operating
income (loss)
2018
 
 
 
 
 
 
 
 
 
NAA
$
2,684

 
$
1,658

 
$
367

 
$
299

 
$
360

EA
1,503

 
1,005

 
188

 
157

 
154

Cruise Support
32

 
33

 
55

 
23

 
(78
)
Tour and Other
13

 
14

 
6

 
10

 
(17
)
Intersegment elimination

 

 

 

 

 
$
4,232

 
$
2,709

 
$
616

 
$
488

 
$
419

2017
 
 
 
 
 
 
 
 
 
NAA
$
2,517

 
$
1,557

 
$
333

 
$
289

 
$
338

EA
1,226

 
859

 
159

 
130

 
78

Cruise Support
39

 
6

 
55

 
11

 
(33
)
Tour and Other
9

 
13

 
2

 
9

 
(15
)
Intersegment elimination

 

 

 

 

 
$
3,791

 
$
2,435

 
$
549

 
$
439

 
$
368



A portion of the NAA segment’s revenues includes revenues for the tour portion of a cruise when a cruise and land tour package are sold together by Holland America Line and Princess Cruises. These intersegment tour revenues, which are also included in our Tour and Other segment, are eliminated by the NAA segment’s revenues and operating expenses in the line “Intersegment elimination.”