v3.26.3
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common shares
Ordinary shares
Additional paid-in capital
Retained earnings
AOCI
Treasury stock
Non-controlling interests
Beginning balance at Nov. 30, 2024 $ 9,251 $ 13 $ 361 $ 17,150 $ 2,101 $ (1,975) $ (8,404) $ 6
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,348       2,338     10
Other comprehensive income 260         260    
Issuance of treasury shares for vested share-based awards 0       (44)   44  
Share-based compensation and other 69 0 0 76 0   (5) (2)
Ending balance at Aug. 31, 2025 11,928 13 361 17,225 4,395 (1,715) (8,364) 13
Beginning balance at May. 31, 2025 10,007 13 361 17,197 2,543 (1,753) (8,364) 11
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,854       1,852     2
Other comprehensive income 39         39    
Share-based compensation and other 29 0 0 29 0   0  
Ending balance at Aug. 31, 2025 11,928 13 361 17,225 4,395 (1,715) (8,364) 13
Beginning balance at Nov. 30, 2025 12,284 13 361 17,253 4,817 (1,810) (8,364) 14
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,725       2,715     9
Other comprehensive income 96         96    
DLC unification share exchange and related costs (22) 1 (361) (2,225)     2,563  
Cash dividends (618)       (618)      
Conversion of Convertible Notes 618 1   617        
Share repurchases (939)           (939)  
Issuance of treasury shares for vested share-based awards 0     (61) (202)   262  
Share-based compensation and other 64 0 0 78 (1)   (10) (4)
Ending balance at Aug. 31, 2026 14,207 15 0 15,663 6,712 (1,714) (6,488) 19
Beginning balance at May. 31, 2026 12,984 15 0 15,640 4,996 (1,741) (5,943) 16
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,923       1,920     3
Other comprehensive income 27         27    
Cash dividends (204)       (204)      
Share repurchases (549)           (549)  
Share-based compensation and other 26     23 (1)   4  
Ending balance at Aug. 31, 2026 $ 14,207 $ 15 $ 0 $ 15,663 $ 6,712 $ (1,714) $ (6,488) $ 19