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Stock-Based Compensation (Tables)
12 Months Ended
Nov. 30, 2014
Share-based Compensation [Abstract]  
Summary Of RSU Activity
A summary of our RSU activity for the years ended November 30 follows:
(shares in thousands)
2014
2013
2012
  
Shares
Weighted-    
average    
price    
Shares
Weighted-
average
price
Shares
Weighted-
average
price
Beginning of year
161

$
60.86

192

$
49.65

233

$
43.23

Granted
180

71.15

89

71.60

113

54.30

Vested
(93
)
62.57

(116
)
50.91

(147
)
42.82

Forfeited
(9
)
70.14

(4
)
59.25

(7
)
47.88

Outstanding—end of year
239

$
67.60

161

$
60.86

192

$
49.65

Assumptions Of Stock Compensation Plans
These fair values were computed using the following range of assumptions for our various stock compensation plans for the years ended November 30:
 
2014
2013
2012
Risk-free interest rates
0.1 - 2.7%

0.1 - 1.8%

0.1 - 2.2%

Dividend yield
2.1
%
1.9
%
2.3
%
Expected volatility
15.6 - 20.1%

14.5 - 20.6%

16.5 - 21.6%

Expected lives
5.8 years

6.2 years

6.1 years

Summary Of Stock Option Activity
A summary of our stock option activity for the years ended November 30 follows:
(shares in millions)
2014
2013
2012
  
Shares
Weighted-    
average    
exercise    
price    
Shares
Weighted-
average
exercise
price
Shares
Weighted-
average
exercise
price
Beginning of year
4.6

$
47.73

5.1

$
40.06

6.6

$
34.98

Granted
1.1

71.12

0.9

71.60

0.9

54.27

Exercised
(0.8
)
37.19

(1.3
)
34.11

(2.4
)
31.43

Forfeited
(0.1
)
67.22

(0.1
)
57.33



Outstanding—end of year
4.8

54.17

4.6

47.73

5.1

40.06

Exercisable—end of year
2.8

$
45.71

2.7

$
39.62

2.7

$
34.99

Summary Of Our Stock Options Outstanding And Exercisable
A summary of our stock options outstanding and exercisable at November 30, 2014 follows:
(shares in millions)
Options outstanding
Options exercisable
Range of
exercise price
Shares
Weighted-
average
remaining
life (yrs)
Weighted-
average
exercise
price
Shares
Weighted-
average
remaining
life (yrs)
Weighted-  
average  
exercise  
price  
$20.00 - $40.00
1.4

3.9
$
35.71

1.4

3.9
$
35.71

$40.01 - $60.00
1.5

6.8
50.77

1.0

6.7
50.24

$60.01 - $80.00
1.9

8.9
71.33

0.4

8.5
71.48

 
4.8

6.5
$
54.17

2.8

5.1
$
45.71

Schedule of Mid-term Incentive Plan Activity
A summary of the LTPP award activity for the years ended November 30 follows:
(shares in thousands)
2014
2013
2012
  
Shares
Weighted-    
average    
price    
Shares
Weighted-
average
price
Shares
Weighted-
average
price
Beginning of year
334

$
51.73

240

$
46.63

120

$
44.47

Granted
105

69.04

94

64.74

120

48.78

Vested
(118
)
44.47





Performance adjustment
(55
)
48.78





Forfeited
(35
)
65.42





Outstanding—end of year
231

$
61.94

334

$
51.73

240

$
46.63