XML 34 R14.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Information
 6 Months Ended
May 31, 2019
Segment Reporting [Abstract]  
Segment Information
Segment Information
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) NAA cruise operations, (2) EA cruise operations, (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, including geographic guest sourcing. Our Cruise Support segment includes 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)
2019
 
 
 
 
 
 
 
 
 
NAA
$
3,162

 
$
2,033

 
$
342

 
$
339

 
$
447

EA
1,561

 
1,033

 
185

 
166

 
177

Cruise Support
44

 
32

 
87

 
27

 
(102
)
Tour and Other
71

 
61

 
7

 
9

 
(7
)
 
$
4,838

 
$
3,159

 
$
621

 
$
542

 
$
515

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

 
 
 
 
 
 
 
 
 
 
 
Six Months Ended May 31,
(in millions)
Revenues
 
Operating costs and
expenses
 
Selling
and
administrative
 
Depreciation
and
amortization
 
Operating
income (loss)
2019
 
 
 
 
 
 
 
 
 
NAA
$
6,239

 
$
4,043

 
$
695

 
$
667

 
$
833

EA
3,087

 
2,108

 
390

 
318

 
270

Cruise Support
86

 
60

 
152

 
55

 
(180
)
Tour and Other
99

 
90

 
13

 
19

 
(22
)
 
$
9,511

 
$
6,301

 
$
1,250

 
$
1,059

 
$
902

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



Revenue by geographic areas, which are based on where our guests are sourced, were as follows:
(in millions)
Three Months Ended May 31, 2019
 
Six Months Ended May 31, 2019
North America
$
2,639

 
$
5,159

Europe
1,350

 
2,749

Australia and Asia
741

 
1,324

Other
108

 
279

 
$
4,838

 
$
9,511