DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Feb. 28, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair values of the Company’s derivative instruments are disclosed in Note 7—Fair Value Measurements and summarized in the table below:


	Value as of
Balance Sheet Line Item	February 28, 2026		November 30, 2025
Derivative instruments designated as fair value hedges:
Cross-currency interest rate swaps (notional value)	$	1,112,706	$	1,112,706
Other assets	—		5,343
Other current liabilities and other long-term liabilities	69,114		49,319
Derivative instruments designated as cash flow hedges:
Interest rate swaps (notional value)	$	750,000	$	750,000
Other long-term liabilities	5,065		3,357
Foreign exchange forward contracts (notional value)	$	1,082,914	$	1,049,896
Other current assets and other assets	7,021		914
Other accrued liabilities and other long-term liabilities	13,993		21,424

Derivative Instruments, Gain (Loss)

The following table shows the location of the gains and losses, before taxes, of the Company’s derivative instruments designated as cash flow hedges, fair value hedges, and not designated as hedging instruments in other comprehensive income (loss) (“OCI”), and the consolidated statements of operations for the periods presented:


		Three Months Ended
	Locations of gain (loss) in statement of operations	February 28, 2026		February 28, 2025
Derivative instruments designated as cash flow and fair value hedges:
Gains (losses) recognized in OCI:
Foreign exchange forward contracts		$	7,727	$	(3,226)
Cross-currency interest rate swaps		(584)		3,694
Interest rate swaps		(1,708)		—
Total		$	5,435	$	468

Gains (losses) reclassified from AOCL into income:
Foreign exchange forward contracts
Gain (loss) reclassified from AOCL into income	Cost of revenue	$	(3,947)	$	(4,582)
Gain (loss) reclassified from AOCL into income	Selling, general and administrative expenses	(1,864)		(1,566)
Total		$	(5,811)	$	(6,148)

Derivative instruments not designated as hedging instruments:
Gain (loss) recognized from foreign exchange forward contracts, net(1)	Other expense (income), net	$	—	$	9,062

(1) The gains and losses largely offset the currency gains and losses that resulted from changes in the assets and liabilities denominated in nonfunctional currencies.