Property and Equipment | Property and equipment consisted of the following (in millions): | | | | | | | | | | | November 30, | | | 2016 | | 2015 | | Ships, including ship improvements | $ | 44,122 |
| | $ | 42,401 |
| | Ships under construction | 725 |
| | 839 |
| | | 44,847 |
| | 43,240 |
| | Land, buildings and improvements, including leasehold improvements and port facilities | 1,086 |
| | 1,067 |
| (b) | Computer hardware and software, transportation equipment and other | 1,591 |
| | 1,389 |
| | Total property and equipment | 47,524 |
| | 45,696 |
| (b) | Less accumulated depreciation and amortization | (15,095 | ) | | (13,878 | ) | (b) | | $ | 32,429 |
| (a) | $ | 31,818 |
| (a) (b) |
| | (a) | At November 30, 2016 and 2015, the net carrying values of ships and ships under construction for our North America, EAA, Cruise Support and Tour and Other segments were $19.5 billion, $11.2 billion, $0.3 billion and $0.1 billion and $18.5 billion, $11.7 billion, $0.3 billion and $0.1 billion, respectively. |
| | (b) | On December 1, 2015, we adopted the amended guidance issued by FASB regarding accounting for Service Concession Arrangements and, accordingly, reclassified $70 million from Property and Equipment, Net to Other Intangibles on our November 30, 2015 Consolidated Balance Sheet (see "Note 2 - Summary of Significant Accounting Policies"). |
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