Business Segments (Tables)

9 Months Ended

Aug. 31, 2017

Segment Reporting [Abstract]

Business segments

	Consumer		Industrial		Total
			(in millions)
Three months ended August 31, 2017
Net sales	$	696.8	$	488.4	$	1,185.2
Operating income excluding special charges and transaction and integration expenses	139.7		64.1		203.8
Income from unconsolidated operations	6.8		1.4		8.2
Three months ended August 31, 2016
Net sales	$	662.0	$	429.0	$	1,091.0
Operating income excluding special charges	127.3		44.8		172.1
Income from unconsolidated operations	6.8		1.3		8.1
Nine months ended August 31, 2017
Net sales	$	1,991.8	$	1,351.4	$	3,343.2
Operating income excluding special charges and transaction and integration expenses	328.9		150.0		478.9
Income from unconsolidated operations	20.0		3.6		23.6
Nine months ended August 31, 2016
Net sales	$	1,937.6	$	1,246.9	$	3,184.5
Operating income excluding special charges	308.0		123.7		431.7
Income from unconsolidated operations	20.6		3.6		24.2

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of operating income excluding special charges and, for 2017, transaction and integration expenses, to operating income is as follows (in millions):

	Consumer		Industrial		Total
Three months ended August 31, 2017
Operating income excluding special charges and transaction and integration expenses	$	139.7	$	64.1	$	203.8
Less: Special charges	3.0		1.7		4.7
Less: Transaction and integration expenses included in cost of goods sold	3.2		2.7		5.9
Less: Other transaction and integration expenses	16.3		8.2		24.5
Operating income	$	117.2	$	51.5	$	168.7
Three months ended August 31, 2016
Operating income excluding special charges	$	127.3	$	44.8	$	172.1
Less: Special charges	2.4		1.9		4.3
Operating income	$	124.9	$	42.9	$	167.8
Nine months ended August 31, 2017
Operating income excluding special charges and transaction and integration expenses	$	328.9	$	150.0	$	478.9
Less: Special charges	8.5		4.5		13.0
Less: Transaction and integration expenses included in cost of goods sold	3.2		2.7		5.9
Less: Other transaction and integration expenses	16.3		8.2		24.5
Operating income	$	300.9	$	134.6	$	435.5
Nine months ended August 31, 2016
Operating income excluding special charges	$	308.0	123.7		$	431.7
Less: Special charges	7.2		2.6		9.8
Operating income	$	300.8	121.1		421.9