Segment Information (Tables)

3 Months Ended

Feb. 28, 2025

Segment Reporting [Abstract]

Schedule of Segment Information

	Three Months Ended February 28/29,
(in millions)	Revenues		Operating expenses		Selling and administrative		Depreciation and amortization		Operating income (loss)
2025
North America (a)	$	3,906	$	2,436	$	521	$	434	$	516
Europe	1,830		1,270		250		169		140
Cruise Support	72		45		72		45		(91)
Tour and Other	2		15		4		6		(22)
	$	5,810	$	3,766	$	848	$	654	$	543
2024
North America (a)	$	3,574	$	2,402	$	502	$	398	$	272
Europe	1,769		1,251		234		164		119
Cruise Support	59		36		73		45		(95)
Tour and Other	4		15		4		6		(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.

Schedule of Revenue by Geographical Area

Revenue by geographic areas, which are based on where our guests are sourced, were as follows:

	Three Months Ended February 28/29,
(in millions)	2025		2024
North America	$	3,469	$	3,121
Europe	1,626		1,567
Australia	420		425
Other	296		293
	$	5,810	$	5,406