Segment Information (Tables)

6 Months Ended

May 31, 2024


	Three Months Ended May 31,
(in millions)	Revenues		Operating costs and expenses		Selling and administrative		Depreciation and amortization		Operating income (loss)
2024
NAA	$	3,984	$	2,580	$	464	$	414	$	525
Europe	1,697		1,135		230		164		168
Cruise Support	63		39		90		49		(114)
Tour and Other	37		44		6		6		(19)
	$	5,781	$	3,798	$	789	$	634	$	560
2023
NAA	$	3,355	$	2,282	$	435	$	374	$	265
Europe	1,465		1,101		222		169		(27)
Cruise Support	55		29		71		48		(93)
Tour and Other	35		45		8		7		(25)
	$	4,911	$	3,457	$	736	$	597	$	120

	Six Months Ended May 31,
(in millions)	Revenues		Operating costs and expenses		Selling and administrative		Depreciation and amortization		Operating income (loss)
2024
NAA	$	7,558	$	4,982	$	966	$	813	$	797
Europe	3,466		2,386		464		328		288
Cruise Support	122		75		162		94		(210)
Tour and Other	41		59		10		12		(40)
	$	11,187	$	7,502	$	1,603	$	1,247	$	836
2023
NAA	$	6,434	$	4,471	$	875	$	738	$	351
Europe	2,759		2,179		436		338		(193)
Cruise Support	106		55		124		90		(162)
Tour and Other	44		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: