Segment Information

6 Months Ended

May 31, 2022

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, Chief Executive Officer and Chief Climate 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)
2022
NAA	$	1,666	$	1,768	$	366	$	353	$	(821)
EA	666		848		175		179		(536)
Cruise Support	40		26		71		35		(92)
Tour and Other	29		41		6		6		(24)
	$	2,401	$	2,683	$	619	$	572	$	(1,473)
2021
NAA	$	9	$	365	$	233	$	341	$	(930)
EA	33		298		131		186		(582)
Cruise Support	—		7		43		33		(82)
Tour and Other	7		12		11		6		(21)
	$	50	$	681	$	417	$	567	$	(1,616)
	Six Months Ended May 31,
(in millions)	Revenues		Operating costs and expenses		Selling and administrative		Depreciation and amortization		Operating income (loss)
2022
NAA	$	2,792	$	3,055	$	710	$	687	$	(1,661)
EA	1,123		1,546		352		359		(1,134)
Cruise Support	73		54		75		68		(126)
Tour and Other	37		57		12		11		(44)
	$	4,024	$	4,713	$	1,149	$	1,126	$	(2,964)
2021
NAA	$	19	$	680	$	453	$	676	$	(1,790)
EA	41		496		239		370		(1,064)
Cruise Support	—		15		171		61		(247)
Tour and Other	14		25		17		12		(39)
	$	75	$	1,216	$	879	$	1,119	$	(3,139)

Revenue by geographic areas, which are based on where our guests are sourced, were as follows:

(in millions)	Three Months Ended May 31, 2022		Six Months Ended May 31, 2022
North America	$	1,620	$	2,738
Europe	741		1,220
Australia and Asia	15		23
Other	24		42
	$	2,401	$	4,024

As a result of the pause in our guest cruise operations, revenue data for the three and six months ended May 31, 2021 is not included in the table.