v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
May 31, 2026
Jun. 01, 2025
Cash Flows from Operating Activities:    
Net income $ 263.1 $ 202.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112.8 99.6
Property, plant, equipment impairment, and early lease terminations, net 0.9 14.8
Gain on sale of business, prior to costs to sell (33.6) 0.0
Gain (Loss) on Disposition of Other Assets 0.0 (8.5)
Stock-based compensation 40.1 44.2
Deferred income taxes (2.0) (17.2)
Other, net (7.3) 7.6
Net change in operating assets and liabilities 108.3 (104.5)
Net cash provided by operating activities 482.3 238.0
Cash Flows from Investing Activities:    
Proceeds from sale of business 96.3 0.0
Purchases of property, plant and equipment (99.3) (106.1)
Net proceeds from sales of assets 0.0 22.3
(Payments) proceeds on settlement of forward foreign exchange contracts not designated for hedge accounting, net (5.1) 36.6
Payments to acquire short-term investments (87.6) (83.5)
Proceeds from sale, maturity and collection of short-term investments 50.6 1.0
Other investing activities, net (6.4) 0.0
Net cash used for investing activities (51.5) (129.7)
Cash Flows from Financing Activities:    
Accelerated share repurchase, including excise tax (201.0) 0.0
Repurchase of common stock 0.0 (30.5)
Tax withholdings on equity awards (31.7) (18.5)
Dividends to stockholders (107.7) (102.8)
Other financing activities, net (0.5) (0.6)
Net cash used for financing activities (340.9) (152.4)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 1.5 7.7
Net increase (decrease) in cash and cash equivalents and restricted cash 91.4 (36.4)
Beginning cash and cash equivalents 757.9 690.0
Ending cash and cash equivalents 849.3 653.6
Noncash Investing Activity:    
Property, plant and equipment acquired and not yet paid at end of period 37.9 50.5
Supplemental Disclosure of Cash Flow Information:    
Cash paid for income taxes during the period, net of refunds $ 105.0 $ 84.4