v3.26.3
Stock-Based Compensation (Tables)
9 Months Ended
Aug. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Stock Based Compensation in Selling, General and Administrative Expense The following table sets forth the stock-based compensation expense recorded in Selling, general and administrative (SG&A) expense (in millions):
Three months ended August 31,Nine months ended August 31,
2026202520262025
Stock-based compensation expense$5.2 $7.7 $34.5 $37.3 
Summary of Option Activity
The following is a summary of our stock option activity for the nine months ended August 31, 2026 and 2025:
20262025
(shares in millions)Number
of
Shares
Weighted-
Average
Exercise
Price
Number
of
Shares
Weighted-
Average
Exercise
Price
Outstanding at beginning of period5.5 $73.92 6.1 $72.25 
Exercised(0.5)49.51 (0.3)50.36 
Forfeited(0.1)78.52 (0.2)72.11 
Outstanding at end of the period4.9 $76.27 5.6 $73.48 
Exercisable at end of the period4.7 $76.28 4.8 $73.02 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
The following is a summary of our RSU activity for the nine months ended August 31, 2026 and 2025:
20262025
(shares in thousands)Number
of
Shares
Weighted-
Average
Grant-Date
Fair Value
Number
of
Shares
Weighted-
Average
Grant-Date
Fair Value
Outstanding at beginning of period771 $73.11 533 $73.68 
Granted668 62.36 526 74.76 
Vested(324)74.75 (244)77.15 
Forfeited(60)68.81 (41)74.68 
Outstanding at end of period1,055 $66.04 774 $73.27 
Schedule of Share Based Compensation, Performance Shares, Activity
The following is a summary of our LTPP activity for the nine months ended August 31, 2026 and 2025:
20262025
(shares in thousands)Number
of
Shares
Weighted-
Average
Grant-Date
Fair Value
Number
of
Shares
Weighted-
Average
Grant-Date
Fair Value
Outstanding at beginning of period523 $80.88 539 $83.45 
Granted226 65.02 177 86.92 
Vested(177)89.00 (206)95.00 
Forfeited(12)76.37 (38)79.92 
Outstanding at end of period560 $72.01 472 $79.98