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Segment Information
6 Months Ended
May 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The chief operating decision maker, who is the President, Chief Executive Officer and Chief Climate Officer of Carnival Corporation and Carnival plc assesses performance and makes decisions to allocate resources for Carnival Corporation & plc based upon review of the results across all of our segments. The operating segments within each of our reportable segments have been aggregated based on the similarity of their economic and other characteristics, including geographic guest sourcing. Our four reportable segments are comprised of (1) NAA cruise operations, (2) Europe cruise operations (“Europe”), (3) Cruise Support and (4) Tour and Other.
Our Cruise Support segment includes our portfolio of leading port destinations and exclusive islands as well as 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)RevenuesOperating costs and
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2024
NAA$3,984 $2,580 $464 $414 $525 
Europe1,697 1,135 230 164 168 
Cruise Support63 39 90 49 (114)
Tour and Other37 44 (19)
$5,781 $3,798 $789 $634 $560 
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 
Six Months Ended May 31,
(in millions)RevenuesOperating costs and
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2024
NAA$7,558 $4,982 $966 $813 $797 
Europe3,466 2,386 464 328 288 
Cruise Support122 75 162 94 (210)
Tour and Other41 59 10 12 (40)
$11,187 $7,502 $1,603 $1,247 $836 
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)
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)2024202320242023
North America$3,542 $2,988 $6,663 $5,684 
Europe1,631 1,446 3,199 2,633 
Australia355 307 781 645 
Other 252 169 545 380 
$5,781 $4,911 $11,187 $9,343