Variable Interest Entities (Tables)

3 Months Ended

Feb. 28, 2018

Variable Interest Entity [Line Items]

Assets and Liabilities of Consolidated VIEs Prior to Consolidation

The following table presents information about our consolidated VIEs at February 28, 2018 and November 30, 2017 (in millions). The assets and liabilities in the tables below are presented prior to consolidation and thus a portion of these assets and liabilities are eliminated in consolidation.

	February 28, 2018				November 30, 2017
	Securitization Vehicles		Other		Securitization Vehicles		Other
Cash	$	4.0	$	1.1	$	6.5	$	1.1
Financial instruments owned	1.1		0.4		37.6		0.4
Securities purchased under agreements to resell (1)	704.9		—		729.3		—
Fees, interest and other receivables	—		—		0.2		—
Total assets	$	710.0	$	1.5	$	773.6	$	1.5
Other secured financings (2)	$	706.5	$	—	$	766.2	$	—
Other liabilities	2.8		0.2		5.9		0.2
Total liabilities	$	709.3	$	0.2	$	772.1	$	0.2

(1) Securities purchased under agreements to resell represent amounts due under collateralized transactions on related consolidated entities, which are eliminated in consolidation.

(2) Approximately $8.0 million and $44.1 million of the secured financing represents an amount held by us in inventory and is eliminated in consolidation at February 28, 2018 and November 30, 2017, respectively.

Variable Interests in Non-Consolidated Variable Interest Entities

The following tables present information about our variable interests in nonconsolidated VIEs (in millions):

	February 28, 2018
	Carrying Amount				Maximum Exposure to Loss		VIE Assets
	Assets		Liabilities
CLOs	$	212.3	$	4.9	$	1,247.6	$	5,342.6
Consumer loan vehicles	315.8		—		728.0		2,879.6
Related party private equity vehicles	30.9		—		52.4		97.1
Other private investment vehicles	48.1		—		48.9		3,235.2
Total	$	607.1	$	4.9	$	2,076.9	$	11,554.5

	November 30, 2017
	Carrying Amount				Maximum Exposure to Loss		VIE Assets
	Assets		Liabilities
CLOs	$	163.5	$	8.9	$	1,020.5	$	5,210.4
Consumer loan vehicles	254.8		—		759.8		2,322.7
Related party private equity vehicles	23.7		—		45.4		75.0
Other private investment vehicles	48.0		—		48.7		2,938.4
Total	$	490.0	$	8.9	$	1,874.4	$	10,546.5