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CONDENSED CONSOLIDATED CASH FLOW STATEMENT (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Operating activities    
Net income $ 1,290.1 $ 567.1
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 213.1 172.1
Stock-based compensation 34.5 37.3
Amortization of inventory fair value adjustments associated with acquisition 15.0 0.0
Asset impairments included in special charges 43.1 0.0
Deferred income tax benefit (21.8) (15.8)
Income from unconsolidated operations (25.7) (58.3)
Gain on remeasurement of previously held equity interest (866.8) 0.0
Trade accounts receivable 10.2 (51.9)
Inventories (44.6) (26.0)
Trade accounts payable (9.8) (62.5)
Other assets and liabilities (55.3) (181.2)
Dividends from unconsolidated affiliates 16.8 39.4
Net cash flow provided by operating activities 598.8 420.2
Investing activities    
Acquisition of business, net of cash acquired (729.9) (34.1)
Capital expenditures (including software) (131.2) (138.1)
Net cash flow used in investing activities (861.1) (172.2)
Financing activities    
Short-term borrowings, net 958.8 13.2
Long-term debt borrowings (net of debt issuance costs of $1.1) 498.3 2.4
Debt financing fees paid (75.0) 0.0
Long-term debt repayments (506.7) (15.7)
Proceeds from exercised stock options 23.9 15.1
Taxes withheld and paid on employee stock awards (11.9) (13.2)
Common stock acquired by purchase (10.9) (29.2)
Dividends paid (387.0) (362.2)
Dividends paid to joint venture partners (20.8) 0.0
Other financing activities 21.6 11.3
Net cash flow provided by (used in) financing activities 490.3 (378.3)
Effect of exchange rate changes on cash and cash equivalents 7.2 39.1
Increase (decrease) in cash and cash equivalents 235.2 (91.2)
Cash and cash equivalents at beginning of period 95.9 186.1
Cash and cash equivalents at end of period $ 331.1 $ 94.9