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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Nov. 30, 2025
Nov. 30, 2024
Nov. 30, 2023
Revenues [Abstract]      
Total Revenues $ 26,622 $ 25,021 $ 21,593
Cruise and tour operating expenses:      
Commissions, transportation and other 3,331 3,232 2,761
Onboard and other 2,816 2,678 2,375
Payroll and related 2,589 2,464 2,373
Fuel 1,808 2,007 2,047
Food 1,499 1,457 1,335
Other operating 3,904 3,801 3,426
Total Cruise and tour operating expenses 15,947 15,638 14,317
Selling and administrative expense 3,402 3,252 2,950
Depreciation and amortization expense 2,790 2,557 2,370
Operating Income 4,483 3,574 1,956
Interest income 51 93 233
Interest expense, net of capitalized interest (1,349) (1,755) (2,066)
Debt extinguishment and modification costs (409) (79) (111)
Other income (expense), net (4) 83 (75)
Income (Loss) Before Income Taxes 2,772 1,915 (62)
Income tax benefit (expense), net (12) 1 (13)
Net Income (Loss) $ 2,760 $ 1,916 $ (74)
Earnings Per Share      
Basic (in dollars per share) $ 2.10 $ 1.50 $ (0.06)
Diluted (in dollars per share) $ 2.02 $ 1.44 $ (0.06)
Passenger ticket      
Revenues [Abstract]      
Total Revenues $ 17,419 $ 16,463 $ 14,067
Onboard and other      
Revenues [Abstract]      
Total Revenues $ 9,202 $ 8,558 $ 7,526