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Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Revenues        
Revenues $ 740 $ 4,838 $ 5,529 $ 9,511
Cost of Revenue [Abstract]        
Selling and administrative 492 621 1,170 1,250
Depreciation and amortization 577 542 1,147 1,059
Goodwill impairment 1,364 0 2,096 0
Operating costs and expenses 4,918 4,323 10,420 8,609
Operating Income (Loss) (4,177) 515 (4,891) 902
Nonoperating Income (Expense)        
Interest income 6 5 11 9
Interest expense, net of capitalized interest (182) (54) (237) (105)
Other income (expense), net (32) (7) (39) (9)
Nonoperating Income (Expense) (208) (56) (265) (105)
Income (Loss) Before Income Taxes (4,385) 459 (5,155) 797
Income Tax Benefit (Expense), Net 11 (8) 0 (10)
Net Income (Loss) $ (4,374) $ 451 $ (5,155) $ 787
Earnings Per Share        
Basic (in dollars per share) $ (6.07) $ 0.65 $ (7.34) $ 1.14
Diluted (in dollars per share) $ (6.07) $ 0.65 $ (7.34) $ 1.13
Cruise        
Cost of Revenue [Abstract]        
Commissions, transportation and other $ 297 $ 613 $ 1,064 $ 1,322
Onboard and other 114 485 585 952
Payroll and related 705 566 1,315 1,123
Fuel 201 423 598 804
Food 108 269 385 538
Ship and other impairments 589 0 919 0
Other operating 471 803 1,142 1,562
Operating costs and expenses 2,484 3,159 6,007 6,301
Cruise passenger ticket        
Revenues        
Revenues 446 3,257 3,680 6,456
Cruise onboard and other        
Revenues        
Revenues $ 294 $ 1,580 $ 1,849 $ 3,054