XML 38 R13.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Information
3 Months Ended
Feb. 28, 2025
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) North America cruise operations (“North America”), (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 February 28/29,
(in millions)RevenuesOperating
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2025
North America (a)$3,906 $2,436 $521 $434 $516 
Europe1,830 1,270 250 169 140 
Cruise Support72 45 72 45 (91)
Tour and Other15 (22)
$5,810 $3,766 $848 $654 $543 
2024
North America (a)$3,574 $2,402 $502 $398 $272 
Europe1,769 1,251 234 164 119 
Cruise Support59 36 73 45 (95)
Tour and Other15 (21)
$5,406 $3,705 $813 $613 $276 
(a)Beginning in the first quarter of 2025, we renamed the North America and Australia segment to the North America segment.

Revenue by geographic areas, which are based on where our guests are sourced, were as follows:
Three Months Ended
February 28/29,
(in millions)20252024
North America$3,469 $3,121 
Europe1,626 1,567 
Australia420 425 
Other 296 293 
$5,810 $5,406