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Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Revenues    
Revenues $ 26 $ 4,789
Operating Costs and Expenses    
Operating costs and expenses 1,549 5,502
Selling and administrative 462 678
Depreciation and amortization 552 570
Goodwill impairments 0 731
Operating Income (Loss) (1,524) (713)
Nonoperating Income (Expense)    
Interest income 3 5
Interest expense, net of capitalized interest (398) (55)
Other income (expense), net (61) (7)
Nonoperating Income (Expense) (455) (57)
Income (Loss) Before Income Taxes (1,979) (770)
Income Tax Benefit (Expense), Net 6 (11)
Net Income (Loss) $ (1,973) $ (781)
Earnings Per Share    
Basic (in dollars per share) $ (1.80) $ (1.14)
Diluted (in dollars per share) $ (1.80) $ (1.14)
Cruise    
Operating Costs and Expenses    
Commissions, transportation and other $ 15 $ 766
Onboard and other 7 471
Payroll and related 218 610
Fuel 103 396
Food 11 277
Ship and other impairments 0 330
Other operating 181 671
Operating costs and expenses 535 3,523
Cruise passenger ticket    
Revenues    
Revenues 3 3,234
Cruise onboard and other    
Revenues    
Revenues $ 23 $ 1,556