Commitments, Contingencies and Guarantees (Tables)

12 Months Ended

Nov. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

The following table summarizes our commitments at November 30, 2017 (in millions):



	Expected Maturity Date (fiscal years)
	2018		2019		2020 and 2021		2022 and 2023		2024 and Later		Maximum Payout
Equity commitments (1)	$	—	$	0.2	$	18.6	$	—	$	117.8	$	136.6
Loan commitments (1)	261.9		—		56.5		—		—		318.4
Mortgage-related and other purchase commitments	—		177.7		—		—		—		177.7
Underwriting commitments	11.0		—		—		—		—		11.0
Forward starting reverse repos (2)	3,211.1		—		—		—		—		3,211.1
Forward starting repos (2)	2,987.9		—		—		—		—		2,987.9
Other unfunded commitments (1)	218.8		122.9		18.3		153.0		—		513.0
Total commitments	$	6,690.7	$	300.8	$	93.4	$	153.0	$	117.8	$	7,355.7


(1)	Equity, loan and other unfunded commitments are presented by contractual maturity date. The amounts, however, are available on demand.


(2)	At November 30, 2017, $3,207.4 million within forward starting securities purchased under agreements to resell and $2,982.8 million within securities sold under agreements to repurchase settled within three business days.

Future Minimum Lease Commitments under Leases

At November 30, 2017, future minimum aggregate annual lease payments under such leases (net of subleases) for fiscal years ended November 30, 2018 through 2022 and the aggregate amount thereafter, are as follows (in thousands):



Fiscal Year	Operating Leases
2018	$	59,464
2019	57,698
2020	50,254
2021	48,616
2022	51,466
Thereafter	630,991
Total	$	898,489

Minimum Future Lease Payments

At November 30, 2017, minimum future lease payments are as follows (in thousands):



Fiscal Year	Minimum Future Lease Payments
2018	$	1,513
2019	189
Net minimum lease payments	1,702
Less amount representing interest	28
Present value of net minimum lease payments	$	1,674

Guarantees

The following table summarizes the notional amounts associated with our derivative contracts meeting the definition of a guarantee under U.S. GAAP at November 30, 2017 (in millions):



	Expected Maturity Date (Fiscal Years)
	2018		2019		2020 and 2021		2022 and 2023		2024 and Later		Notional/ Maximum Payout
Guarantee Type:
Derivative contracts—non-credit related	$	24,454.8	$	2,420.2	$	150.5	$	45.9	$	466.3	$	27,537.7
Written derivative contracts—credit related	—		42.0		20.5		155.7		—		218.2
Total derivative contracts	$	24,454.8	$	2,462.2	$	171.0	$	201.6	$	466.3	$	27,755.9