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Employee Benefit Plans Employee Benefit Plans (Schedule of Allocation of Plan Assets) (Tables)
12 Months Ended
Nov. 30, 2016
Schedule of Allocation of Plan Assets [Abstract]  
Schedule of Allocation of Plan Assets

Note M—Employee Benefit Plans (Continued)

The following tables set forth, by level within the fair value hierarchy, the U.S. defined benefit plans’ assets at November 30, 2016 and November 30, 2015:
 
 
Total
 
Level 1
 
Level 2
 
Level 3
2016
 
 
 
(Dollars in millions)
 
 
Money market funds
 
$
.1

 
$
.1

 
$

 
$

Registered investment companies:
 
 
 
 
 
 
 
 
Equity mutual funds
 
105.0

 
105.0

 

 

Fixed income mutual funds
 
30.9

 
30.9

 

 

Total registered investment companies
 
135.9

 
135.9

 

 

Real estate partnerships
 
0.3

 

 

 
0.3

 
 
$
136.3

 
$
136.0

 
$

 
$
0.3

Collective trust funds:
 
 
 
 
 
 
 
 
Core property collective
 
21.8

 
 
 
 
 
 
Structured credit collective
 
26.9

 
 
 
 
 
 
Energy debt collective
 
11.4

 
 
 
 
 
 
Total collective trust funds measured at NAV
 
60.1

 
 
 
 
 
 
 
 
$
196.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
Money market funds
 
$
.1

 
$
.1

 
$

 
$

Registered investment companies:
 
 
 
 
 
 
 
 
Equity mutual funds
 
105.2

 
105.2

 

 

Fixed income mutual funds
 
34.2

 
34.2

 

 

Total registered investment companies
 
139.5

 
139.4

 

 

Real estate partnerships
 
1.5

 

 

 
1.5

 
 
$
141.0

 
$
139.5

 
$

 
$
1.5

Collective trust funds:
 
 
 
 
 
 
 
 
Collateralized loan obligations
 
55.1

 
 
 
 
 
 
Total collective trust funds measured at NAV
 
55.1

 
 
 
 
 
 
 
 
$
196.1

 
 
 
 
 
 
Asset allocation at November 30, 2016, target allocation for 2016, and expected long-term rate of return by asset category are as follows: 
Asset
Category
Target
Allocation
 
Percentage of Plan Assets
At November 30,
 
Weighted-Average Expected Long-Term Rate Of Return
2016
2016
 
2015
 
Equity securities
58
%
 
54
%
 
49
%
 
4.80
%
Fixed income securities
18
%
 
16
%
 
18
%
 
.90
%
Real estate investments
10
%
 
11
%
 
12
%
 
.80
%
Other
14
%
 
19
%
 
21
%
 
1.20
%
Total
100
%
 
100
%
 
100
%
 
7.70
%