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Segment Information
9 Months Ended
Aug. 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 (“Europe”), (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.

Three Months Ended August 31,
(in millions)RevenuesOperating costs and
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2023
NAA$4,566 $2,661 $420 $377 $1,107 
Europe (a)2,060 1,124 199 168 569 
Cruise Support56 30 87 47 (109)
Tour and Other172 105 56 
$6,854 $3,921 $713 $596 $1,624 
2022
NAA$2,880 $2,280 $368 $358 $(126)
Europe (a)1,266 983 173 172 (62)
Cruise Support41 21 78 36 (94)
Tour and Other118 94 15 
$4,305 $3,379 $625 $581 $(279)
Nine Months Ended August 31,
(in millions)RevenuesOperating costs and
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2023
NAA$11,000 $7,132 $1,295 $1,115 $1,458 
Europe (a)4,819 3,303 634 506 376 
Cruise Support162 85 211 137 (271)
Tour and Other216 169 21 17 
$16,197 $10,688 $2,162 $1,774 $1,572 
2022
NAA$5,672 $5,335 $1,078 $1,046 $(1,787)
Europe (a)2,389 2,529 524 531 (1,196)
Cruise Support114 76 154 104 (220)
Tour and Other154 151 17 26 (40)
$8,329 $8,092 $1,774 $1,707 $(3,244)
(a) Beginning in the first quarter of 2023, we renamed the Europe and Asia segment to Europe segment.
Revenue by geographic areas, which are based on where our guests are sourced, were as follows:
Three Months Ended
August 31,
Nine Months Ended
August 31,
(in millions)2023202220232022
North America$4,253 $2,753 $9,937 $5,491 
Europe2,165 1,456 4,798 2,676 
Australia238 56 883 60 
Other 198 40 578 101 
$6,854 $4,305 $16,197 $8,329