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"). |