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Segment Information
6 Months Ended
May 31, 2023
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) Europe cruise operations, (3) Cruise Support and (4) Tour and Other.

The operating segments within each of our NAA and Europe 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.
Beginning in the first quarter of 2023, we renamed the EA segment given that China has not reopened to international cruise travel. As a result, we have significantly reduced operations in Asia and leveraged the mobility of our cruise ships and our brand portfolio to build alternate deployments. In 2019, our most recent full year of guest cruise operations, China accounted for 7% of our guests.
Three Months Ended May 31,
(in millions)RevenuesOperating costs and
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2023
NAA$3,355 $2,282 $435 $374 $265 
Europe1,465 1,101 222 169 (27)
Cruise Support55 29 71 48 (93)
Tour and Other35 45 (25)
$4,911 $3,457 $736 $597 $120 
2022
NAA$1,666 $1,768 $366 $353 $(821)
Europe666 848 175 179 (536)
Cruise Support40 26 71 35 (92)
Tour and Other29 41 (24)
$2,401 $2,683 $619 $572 $(1,473)
Six Months Ended May 31,
(in millions)RevenuesOperating costs and
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2023
NAA$6,434 $4,471 $875 $738 $351 
Europe2,759 2,179 436 338 (193)
Cruise Support106 55 124 90 (162)
Tour and Other44 64 14 13 (47)
$9,343 $6,768 $1,448 $1,179 $(52)
2022
NAA$2,792 $3,055 $710 $687 $(1,661)
Europe1,123 1,546 352 359 (1,134)
Cruise Support73 54 75 68 (126)
Tour and Other37 57 12 11 (44)
$4,024 $4,713 $1,149 $1,126 $(2,964)
Revenue by geographic areas, which are based on where our guests are sourced, were as follows:
Three Months Ended
May 31,
Six Months Ended
May 31,
(in millions)2023202220232022
North America$2,988 $1,620 $5,684 $2,738 
Europe1,446 741 2,633 1,220 
Australia307 645 
Other 169 35 380 61 
$4,911 $2,401 $9,343 $4,024