v3.26.1
Total Equity - Earnings per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 27, 2026
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Numerator for earnings per common share from continuing operations:          
Net earnings attributable to common shareholders for basic earnings per share     $ 88,017   $ 215,955
Denominator for earnings per common share:          
Weighted average common shares outstanding (in shares)     206,254   206,150
Weighted average basic common shares (in shares)     215,097   214,818
Basic (in dollars per share)     $ 0.41   $ 1.01
Numerator          
Net earnings from continuing operations attributable to common shareholders for diluted earnings per share     $ 88,017   $ 215,955
Denominator          
Weighted average diluted common shares (in shares)     221,897   222,383
Diluted (in dollars per share)     $ 0.40   $ 0.97
Shares converted (in shares) 9,200     9,200  
Restricted stock with future service required          
Denominator for earnings per common share:          
Weighted average shares of restricted stock outstanding with future service required (in shares)     (2,248)   (2,276)
Restricted stock units with no future service required          
Denominator for earnings per common share:          
Weighted average RSUs outstanding with no future service required (in shares)     11,091   10,944
Restricted Stock Units (RSUs)          
Denominator          
Dilutive effect of share-based payment arrangements (in shares)     2,538   2,581
Voting Common Stock          
Numerator for earnings per common share from continuing operations:          
Allocation of distributed earnings (cash dividends paid)   $ 81,710   $ 171,338  
Allocation of undistributed earnings   138,508   205,424  
Net earnings attributable to common shareholders for basic earnings per share   $ 220,218   $ 376,762  
Denominator for earnings per common share:          
Weighted average common shares outstanding (in shares)   200,567   205,109  
Weighted average basic common shares (in shares) [1]   210,269 215,097 214,766 214,818
Basic (in dollars per share) [1]   $ 1.05 $ 0.41 $ 1.75 $ 1.01
Numerator          
Reallocation of total earnings as a result of participating securities   $ 3   $ 0  
Reallocation of total earnings as a result of conversion of preferred shares to non-voting common shares   0   0  
Net earnings from continuing operations attributable to common shareholders for diluted earnings per share   $ 220,221   $ 376,762  
Denominator          
Add: Participating securities (in shares)   5   0  
Add: Conversion of preferred shares to non-voting common shares (in shares)   0   0  
Weighted average diluted common shares (in shares) [1]   216,744 221,897 221,947 222,383
Diluted (in dollars per share) [1]   $ 1.02 $ 0.40 $ 1.70 $ 0.97
Shares converted (in shares)   9,200   9,200  
Voting Common Stock | Restricted stock with future service required          
Denominator for earnings per common share:          
Weighted average shares of restricted stock outstanding with future service required (in shares)   (2,080)   (2,114)  
Voting Common Stock | Restricted stock units with no future service required          
Denominator for earnings per common share:          
Weighted average RSUs outstanding with no future service required (in shares)   11,782   11,771  
Voting Common Stock | Stock Option And Share-Based Awards          
Denominator          
Dilutive effect of share-based payment arrangements (in shares)   4,082   4,781  
Voting Common Stock | Restricted Stock Units (RSUs)          
Denominator          
Dilutive effect of share-based payment arrangements (in shares)   2,388   2,400  
Non-voting Common Stock          
Numerator for earnings per common share from continuing operations:          
Allocation of distributed earnings (cash dividends paid)   $ 3,699   $ 3,699  
Allocation of undistributed earnings   2,317   1,701  
Net earnings attributable to common shareholders for basic earnings per share   $ 6,016   $ 5,400  
Denominator for earnings per common share:          
Weighted average common shares outstanding (in shares)   3,518   1,778  
Weighted average basic common shares (in shares) [1]   3,518 0 1,778 0
Basic (in dollars per share) [1]   $ 1.71 $ 0 $ 3.04 $ 0
Numerator          
Reallocation of total earnings as a result of participating securities   $ 0   $ 0  
Reallocation of total earnings as a result of conversion of preferred shares to non-voting common shares   29,181   48,414  
Net earnings from continuing operations attributable to common shareholders for diluted earnings per share   $ 35,197   $ 53,814  
Denominator          
Add: Participating securities (in shares)   0   0  
Add: Conversion of preferred shares to non-voting common shares (in shares)   27,563   27,563  
Weighted average diluted common shares (in shares) [1]   31,081 0 29,341 0
Diluted (in dollars per share) [1]   $ 1.13 $ 0 $ 1.83 $ 0
Shares converted (in shares)   9,200      
Non-voting Common Stock | Restricted stock with future service required          
Denominator for earnings per common share:          
Weighted average shares of restricted stock outstanding with future service required (in shares)   0   0  
Non-voting Common Stock | Restricted stock units with no future service required          
Denominator for earnings per common share:          
Weighted average RSUs outstanding with no future service required (in shares)   0   0  
Non-voting Common Stock | Stock Option And Share-Based Awards          
Denominator          
Dilutive effect of share-based payment arrangements (in shares)   0   0  
Non-voting Common Stock | Restricted Stock Units (RSUs)          
Denominator          
Dilutive effect of share-based payment arrangements (in shares)   0   0  
[1] Although voting and non-voting common shares have identical dividend rates, basic and diluted earnings per common share differ due to the timing of share activity during the quarter. Refer to Note 16, Total Equity, for further discussion.