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Fair Value Measurements, Derivative Instruments and Hedging Activities and Financial Risks (Tables)
 12 Months Ended
Nov. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Estimated Carrying and Fair Values of Financial Instrument Assets and Liabilities Not Measured at Fair Value on a Recurring Basis
Financial Instruments that are not Measured at Fair Value on a Recurring Basis
 November 30, 2023November 30, 2022
 Carrying
Value		Fair ValueCarrying
Value		Fair Value
(in millions)Level 1Level 2Level 3Level 1Level 2Level 3
Liabilities
Fixed rate debt (a)$22,575 $— $21,503 $— $23,542 $— $18,620 $— 
Floating rate debt (a)8,764 — 8,225 — 12,074 — 10,036 — 
Total$31,339 $— $29,728 $— $35,615 $— $28,656 $— 
(a)The debt amounts above do not include the impact of interest rate swaps or debt issuance costs and discounts. The fair values of our publicly-traded notes were based on their unadjusted quoted market prices in markets that are not sufficiently active to be Level 1 and, accordingly, are considered Level 2. The fair values of our other debt were estimated based on current market interest rates being applied to this debt.
Schedule of Estimated Fair Value and Basis of Valuation of Financial Instrument Assets and Liabilities Measured at Fair Value on Recurring Basis
Financial Instruments that are Measured at Fair Value on a Recurring Basis
 November 30, 2023November 30, 2022
(in millions)Level 1Level 2Level 3Level 1Level 2Level 3
Assets
Cash equivalents (a) $1,021 $— $— $2,589 $— $— 
Restricted cash (b)21 — — 1,988 — — 
Derivative financial instruments— 22 — — 1 — 
Total$1,042 $22 $— $4,576 $1 $— 
Liabilities
Derivative financial instruments$— $28 $— $— $— $— 
Total$— $28 $— $— $— $— 

(a)Consists of money market funds and cash investments with original maturities of less than 90 days.
(b)This amount includes $10 million, which is included in other assets on our Consolidated Balance Sheets at November 30, 2023.
Schedule of Reconciliation of Changes in Carrying Amounts of Trademarks
Trademarks
(in millions)NAA
Segment		Europe SegmentTotal
At November 30, 2021$927 $248 $1,175 
Exchange movements— (24)(24)
At November 30, 2022927 224 1,151 
Exchange movements— 14 14 
At November 30, 2023$927 $237 $1,164 
Schedule of Impairment Charges Included in Other Operating Expenses
The impairment charges summarized in the table below are included in ship and other impairments in our Consolidated Statements of Income (Loss).
 November 30,
(in millions)202320222021
NAA Segment$— $8 $273 
Europe Segment— 421 318 
Total ship impairments$— $428 $591 
Schedule of Estimated Fair Values of Derivative Financial Instruments and Location on Consolidated Balance Sheets
Derivative Instruments and Hedging Activities
  November 30,
(in millions)Balance Sheet Location20232022
Derivative assets
Derivatives designated as hedging instruments
Interest rate swaps (a)Prepaid expenses and other$— $1 
Other assets22 1 
Derivatives not designated as hedging instruments
Interest rate swaps (a)Prepaid expenses and other1 — 
Total derivative assets$22 $1 
Derivative liabilities
Derivatives designated as hedging instruments
Cross currency swaps (b)Other long-term liabilities$12 $— 
Interest rate swaps (a)Other long-term liabilities16 — 
Total derivative liabilities$28 $— 
 
(a)We have interest rate swaps whereby we receive EURIBOR-based floating interest rate payments in exchange for making fixed interest rate payments. These interest rate swap agreements effectively changed $46 million at November 30, 2023 and $89 million at November 30, 2022 of EURIBOR-based floating rate euro debt to fixed rate euro debt. As of November 30, 2023, these EURIBOR-based interest rate swaps were not designated as cash flow hedges. As of November 30, 2022, one of these swaps was designated as a cash flow hedge. During 2023, we entered into interest rate swap agreements which effectively changed $2.5 billion at November 30, 2023 of variable rate debt to fixed rate debt. At November 30, 2023, these interest rate swaps settle through 2027 and are designated as cash flow hedges.
(b)At November 30, 2023, we had a cross currency swap totaling $670 million that is designated as a hedge of our net investment in foreign operations with euro-denominated functional currencies. At November 30, 2023, this cross currency swap settles through 2024. At November 30, 2022, we had no cross-currency swaps.
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
The effect of our derivatives qualifying and designated as hedging instruments recognized in other comprehensive income (loss) and in net income (loss) was as follows:
 November 30,
(in millions)202320222021
Gains (losses) recognized in AOCI:
Cross currency swaps – net investment hedges - included component$(4)$72 $(1)
Cross currency swaps – net investment hedges - excluded component$(4)$(26)$(6)
Interest rate swaps – cash flow hedges$32 $11 $5 
(Gains) losses reclassified from AOCI – cash flow hedges:
Interest rate swaps – Interest expense, net of capitalized interest$(34)$2 $5 
Foreign currency zero cost collars - Depreciation and amortization$(2)$(2)$(2)
Gains (losses) recognized on derivative instruments (amount excluded from effectiveness testing – net investment hedges)
Cross currency swaps – Interest expense, net of capitalized interest$11 $5 $—