Financial Instruments (Tables)

3 Months Ended

Feb. 28, 2017

Fair values of derivative instruments on balance sheet

The following table discloses the fair values of derivative instruments on our balance sheet (in millions):

As of February 28, 2017	Asset Derivatives					Liability Derivatives
	Balance sheet location	Notional amount		Fair value		Balance sheet location	Notional amount		Fair value
Interest rate contracts	Other current assets	$	—	$	—	Other accrued liabilities	$	175.0	$	2.1
Foreign exchange contracts	Other current assets	111.3		3.5		Other accrued liabilities	$	284.5	8.5
Total				$	3.5				$	10.6
As of February 29, 2016	Asset Derivatives					Liability Derivatives
	Balance sheet location	Notional amount		Fair value		Balance sheet location	Notional amount		Fair value
Interest rate contracts	Other current assets	$	100.0	$	4.5	Other accrued liabilities	$	—	$	—
Foreign exchange contracts	Other current assets	150.5		4.4		Other accrued liabilities	119.8		1.8
Total				$	8.9				$	1.8
As of November 30, 2016	Asset Derivatives					Liability Derivatives
	Balance sheet location	Notional amount		Fair value		Balance sheet location	Notional amount		Fair value
Interest rate contracts	Other current assets	$	—	$	—	Other accrued liabilities	$	100.0	$	1.2
Foreign exchange contracts	Other current assets	204.3		4.9		Other accrued liabilities	244.9		5.4
Total				$	4.9				$	6.6

Fair Value Hedging [Member]

Impact of fair value and cash flow hedges on other comprehensive income, accumulated other comprehensive income and income statement

The following tables disclose the impact of derivative instruments on our other comprehensive income (OCI), accumulated other comprehensive income (AOCI) and our income statement for the three month periods ended February 28, 2017 and February 29, 2016 (in millions):

Fair Value Hedges
Derivative	Income statement location	Income (expense)
		2017		2016
Interest rate contracts	Interest expense	$	0.3	$	0.6

	Income statement location	Gain (loss) recognized in income						Income statement location	Gain (loss) recognized in income
Derivative		2017			2016		Hedged item		2017		2016
Foreign exchange contracts	Other income, net	$	(2.7	)	$	—	Intercompany loans	Other income, net	$	2.5	$	—

Cash Flow Hedging [Member]

Impact of fair value and cash flow hedges on other comprehensive income, accumulated other comprehensive income and income statement

Cash Flow Hedges
Derivative	Gain or (loss) recognized in OCI					Income statement location	Gain or (loss) reclassified from AOCI
	2017			2016			2017			2016
Interest rate contracts	$	(0.2	)	$	—	Interest expense	$	(0.1	)	$	(0.1	)
Foreign exchange contracts	(0.4		)	2.1		Cost of goods sold	1.1			1.3
Total	$	(0.6	)	$	2.1		$	1.0		$	1.2