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CONDENSED CONSOLIDATED CASH FLOW STATEMENT - USD ($)
$ in Millions
6 Months Ended
May 31, 2017
May 31, 2016
Cash flows from operating activities    
Net income $ 193.5 $ 187.2
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 58.1 53.0
Stock-based compensation 14.4 15.8
Income from unconsolidated operations (15.4) (16.1)
Changes in operating assets and liabilities (85.1) (43.7)
Dividends from unconsolidated affiliates 11.7 16.5
Net cash flow provided by operating activities 177.2 212.7
Cash flows from investing activities    
Acquisition of businesses (net of cash acquired) (124.0) (118.1)
Capital expenditures (66.2) (54.8)
Proceeds from sale of property, plant and equipment 0.4 1.5
Net cash flow used in investing activities (189.8) (171.4)
Cash flows from financing activities    
Short-term borrowings, net 264.0 373.8
Long-term debt repayments (3.6) (201.8)
Proceeds from exercised stock options 24.0 25.4
Payments Related to Tax Withholding for Share-based Compensation (5.4) (3.5)
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests (1.2) 0.0
Common stock acquired by purchase (135.8) (100.8)
Dividends paid (117.4) (109.3)
Net cash flow (used in) provided by financing activities 24.6 (16.2)
Effect of exchange rate changes on cash and cash equivalents (0.4) (6.2)
Increase in cash and cash equivalents 11.6 18.9
Cash and cash equivalents at beginning of period 118.4 112.6
Cash and cash equivalents at end of period $ 130.0 $ 131.5