v3.26.3
CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Common stock
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling Interests
Common stock non-voting
Common stock
Balance, Shares at Nov. 30, 2024   15.7       252.3
Balance, Value at Nov. 30, 2024 $ 5,316.8 $ 2,237.2 $ 3,545.0 $ (491.2) $ 25.8  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 562.8   562.8      
Net income attributable to non-controlling interests 4.3       4.3  
Other comprehensive income (loss), net of tax 130.8     130.1 0.7  
Dividends (241.5)   (241.5)      
Stock-based compensation 37.3 $ 37.3        
Shares purchased and retired (in shares)   (0.6)        
Shares purchased and retired (45.8) $ (21.4) (24.4)      
Shares issued (in shares)   0.8       0.1
Shares issued 18.9 $ 18.9        
Equal exchange, shares   (0.8)       0.8
Balance, Shares at Aug. 31, 2025   15.1       253.2
Balance, Value at Aug. 31, 2025 5,783.6 $ 2,272.0 3,841.9 (361.1) 30.8  
Balance, Shares at May. 31, 2025   15.3       253.0
Balance, Value at May. 31, 2025 5,630.4 $ 2,263.6 3,739.0 (401.2) 29.0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 225.5   225.5      
Net income attributable to non-controlling interests 2.2       2.2  
Other comprehensive income (loss), net of tax 39.7     40.1 (0.4)  
Dividends (120.7)   (120.7)      
Stock-based compensation 7.7 $ 7.7        
Shares purchased and retired (in shares)   (0.1)        
Shares purchased and retired (3.8) $ (1.9) (1.9)      
Shares issued (in shares)   0.1        
Shares issued 2.6 $ 2.6        
Equal exchange, shares   (0.2)       0.2
Balance, Shares at Aug. 31, 2025   15.1       253.2
Balance, Value at Aug. 31, 2025 5,783.6 $ 2,272.0 3,841.9 (361.1) 30.8  
Balance, Shares at Nov. 30, 2025   14.9       253.5
Balance, Value at Nov. 30, 2025 5,768.1 $ 2,283.2 3,816.4 (363.1) 31.6  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 1,263.9   1,263.9      
Net income attributable to non-controlling interests 26.2       26.2  
Fair value of non-controlling interest recognized at acquisition 504.3       504.3  
Other comprehensive income (loss), net of tax 267.6     225.1 42.5  
Dividends (278.8)   (258.0)   (20.8)  
Stock-based compensation 34.5 $ 34.5        
Shares purchased and retired (in shares)   (0.4)        
Shares purchased and retired (25.4) $ (14.6) (10.8)      
Shares issued (in shares)   1.0        
Shares issued 26.7 $ 26.7        
Equal exchange, shares   (1.0)       1.0
Balance, Shares at Aug. 31, 2026   14.5       254.5
Balance, Value at Aug. 31, 2026 7,587.1 $ 2,329.8 4,811.5 (138.0) 583.8  
Balance, Shares at May. 31, 2026   14.8       254.0
Balance, Value at May. 31, 2026 7,573.3 $ 2,314.1 4,842.9 (161.4) 577.7  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 97.6   97.6      
Net income attributable to non-controlling interests 10.0       10.0  
Other comprehensive income (loss), net of tax 31.9     23.4 8.5  
Dividends (141.4)   (129.0)   (12.4)  
Stock-based compensation 5.2 $ 5.2        
Shares issued (in shares)   0.2        
Shares issued 10.5 $ 10.5        
Equal exchange, shares   (0.5)       0.5
Balance, Shares at Aug. 31, 2026   14.5       254.5
Balance, Value at Aug. 31, 2026 $ 7,587.1 $ 2,329.8 $ 4,811.5 $ (138.0) $ 583.8