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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Revenues    
Revenues $ 5,810 $ 5,406
Operating Expenses    
Commissions, transportation and other 850 819
Onboard and other 599 550
Payroll and related 640 623
Fuel 465 505
Food 354 346
Other operating 858 862
Cruise and tour operating expenses 3,766 3,705
Selling and administrative 848 813
Depreciation and amortization 654 613
Costs and expenses 5,268 5,131
Operating Income 543 276
Nonoperating Income (Expense)    
Interest income 7 33
Interest expense, net of capitalized interest (377) (471)
Debt extinguishment and modification costs (252) (33)
Other income (expense), net 8 (18)
Nonoperating Income (Expense) (614) (489)
Income (Loss) Before Income Taxes (71) (214)
Income Tax Benefit (Expense), Net (7) 0
Net Income (Loss) $ (78) $ (214)
Earnings Per Share    
Basic (in dollars per share) $ (0.06) $ (0.17)
Diluted (in dollars per share) $ (0.06) $ (0.17)
Passenger ticket    
Revenues    
Revenues $ 3,832 $ 3,617
Onboard and other    
Revenues    
Revenues $ 1,978 $ 1,790