XML 31 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information
 6 Months Ended
May 31, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information
Beginning in the first quarter of 2018, 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 May 31,
(in millions)
Revenues
 
Operating costs and
expenses
 
Selling
and
administrative
 
Depreciation
and
amortization
 
Operating
income (loss)
2018
 
 
 
 
 
 
 
 
 
NAA
$
2,836

 
$
1,747

 
$
338

 
$
317

 
$
433

EA
1,449

 
888

 
191

 
160

 
210

Cruise Support
31

 
11

 
64

 
25

 
(69
)
Tour and Other
42

 
36

 
11

 
10

 
(14
)
 
$
4,357

 
$
2,681

 
$
605

 
$
512

 
$
559

2017
 
 
 
 
 
 
 
 
 
NAA
$
2,663

 
$
1,596

 
$
330

 
$
301

 
$
436

EA
1,212

 
796

 
161

 
134

 
120

Cruise Support
34

 
11

 
56

 
12

 
(45
)
Tour and Other
37

 
33

 
6

 
9

 
(11
)
 
$
3,945

 
$
2,436

 
$
553

 
$
456

 
$
500




 
Six Months Ended May 31,
(in millions)
Revenues
 
Operating costs and
expenses
 
Selling
and
administrative
 
Depreciation
and
amortization
 
Operating
income (loss)
2018
 
 
 
 
 
 
 
 
 
NAA
$
5,519

 
$
3,405

 
$
705

 
$
617

 
$
793

EA
2,952

 
1,892

 
379

 
316

 
364

Cruise Support
63

 
43

 
119

 
48

 
(147
)
Tour and Other
55

 
50

 
17

 
19

 
(31
)
 
$
8,589

 
$
5,390

 
$
1,221

 
$
1,000

 
$
978

2017
 
 
 
 
 
 
 
 
 
NAA
$
5,180

 
$
3,152

 
$
663

 
$
591

 
$
774

EA
2,438

 
1,655

 
320

 
264

 
199

Cruise Support
72

 
17

 
111

 
23

 
(79
)
Tour and Other
46

 
46

 
8

 
18

 
(26
)
 
$
7,736

 
$
4,870

 
$
1,102

 
$
896

 
$
868