Commitments, Contingencies and Guarantees (Tables)

12 Months Ended

Nov. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Commitments and Contingencies

The following table summarizes our commitments at November 30, 2019 (in millions):

	Expected Maturity Date (fiscal years)
	2020		2021		2022 and 2023		2024 and 2025		2026 and Later		Maximum Payout
Equity commitments (1)	$	115.8	$	1.4	$	—	$	—	$	8.4	$	125.6
Loan commitments (1)	250.0		45.0		10.0		9.3		—		314.3
Underwriting commitments	13.5		—		—		—		—		13.5
Forward starting reverse repos (2)	5,475.3		—		—		—		—		5,475.3
Forward starting repos (2)	2,168.8		—		—		—		—		2,168.8
Other unfunded commitments (1)	72.3		132.2		—		4.9		—		209.4
Total commitments	$	8,095.7	$	178.6	$	10.0	$	14.2	$	8.4	$	8,306.9

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

(2)

All of the securities purchased under agreements to resell and $2,157.7 million within forward starting securities sold under agreements to repurchase at November 30, 2019 settled within three business days.

Schedule of Future Minimum Lease Commitments under Leases

At November 30, 2019, future minimum aggregate annual lease payments under such leases (net of subleases) for fiscal years ended November 30, 2020 through 2024 and the aggregate amount thereafter, are as follows (in thousands):

Fiscal Year	Operating Leases
2020	$	57,952
2021	60,395
2022	62,916
2023	57,574
2024	56,878
Thereafter	389,245
Total	$	684,960

Schedule of 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, 2019 (in millions):

	Expected Maturity Date (Fiscal Years)
	2020		2021		2022 and 2023		2024 and 2025		2026 and Later		Notional/ Maximum Payout
Guarantee Type:
Derivative contracts—non-credit related	$	9,854.0	$	3,150.8	$	4,453.6	$	1,044.8	$	48.2	$	18,551.4
Written derivative contracts—credit related	1.5		—		2.7		29.7		—		33.9
Total derivative contracts	$	9,855.5	$	3,150.8	$	4,456.3	$	1,074.5	$	48.2	$	18,585.3