| Schedule of Segment Information |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended August 31, | | (in millions) | Revenues | | Operating expenses | | Selling and administrative | | Depreciation and amortization | | Operating income (loss) | | 2024 | | | | | | | | | | | NAA | $ | 5,322 | | | $ | 3,000 | | | $ | 455 | | | $ | 424 | | | $ | 1,442 | | | Europe | 2,331 | | | 1,166 | | | 223 | | | 173 | | | 770 | | | Cruise Support | 62 | | | 37 | | | 81 | | | 48 | | | (104) | | | Tour and Other | 181 | | | 100 | | | 5 | | | 6 | | | 70 | | | $ | 7,896 | | | $ | 4,303 | | | $ | 763 | | | $ | 651 | | | $ | 2,178 | | | 2023 | | | | | | | | | | | NAA | $ | 4,566 | | | $ | 2,661 | | | $ | 420 | | | $ | 377 | | | $ | 1,107 | | | Europe | 2,060 | | | 1,124 | | | 199 | | | 168 | | | 569 | | | Cruise Support | 56 | | | 30 | | | 87 | | | 47 | | | (109) | | | Tour and Other | 172 | | | 105 | | | 7 | | | 3 | | | 56 | | | $ | 6,854 | | | $ | 3,921 | | | $ | 713 | | | $ | 596 | | | $ | 1,624 | | | | | | | | | | | | | Nine Months Ended August 31, | | (in millions) | Revenues | | Operating expenses | | Selling and administrative | | Depreciation and amortization | | Operating income (loss) | | 2024 | | | | | | | | | | | NAA | $ | 12,880 | | | $ | 7,983 | | | $ | 1,421 | | | $ | 1,237 | | | $ | 2,239 | | | Europe | 5,797 | | | 3,552 | | | 687 | | | 501 | | | 1,058 | | | Cruise Support | 184 | | | 112 | | | 243 | | | 142 | | | (313) | | | Tour and Other | 222 | | | 159 | | | 15 | | | 18 | | | 30 | | | $ | 19,083 | | | $ | 11,805 | | | $ | 2,366 | | | $ | 1,898 | | | $ | 3,013 | | | 2023 | | | | | | | | | | | NAA | $ | 11,000 | | | $ | 7,132 | | | $ | 1,295 | | | $ | 1,115 | | | $ | 1,458 | | | Europe | 4,819 | | | 3,303 | | | 634 | | | 506 | | | 376 | | | Cruise Support | 162 | | | 85 | | | 211 | | | 137 | | | (271) | | | Tour and Other | 216 | | | 169 | | | 21 | | | 17 | | | 9 | | | $ | 16,197 | | | $ | 10,688 | | | $ | 2,162 | | | $ | 1,774 | | | $ | 1,572 | |
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| 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 August 31, | | Nine Months Ended August 31, | | (in millions) | 2024 | | 2023 | | 2024 | | 2023 | | North America | $ | 4,975 | | | $ | 4,253 | | | $ | 11,638 | | | $ | 9,937 | | | Europe | 2,406 | | | 2,165 | | | 5,605 | | | 4,798 | | | Australia | 288 | | | 238 | | | 1,069 | | | 883 | | | Other | 226 | | | 198 | | | 771 | | | 578 | | | $ | 7,896 | | | $ | 6,854 | | | $ | 19,083 | | | $ | 16,197 | |
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