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Consolidated Income Statement - USD ($)
$ in Millions
12 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2015
Net sales $ 4,834.1 $ 4,411.5 $ 4,296.3
Cost of goods sold 2,823.9 2,579.8 2,559.0
Gross profit 2,010.2 1,831.7 1,737.3
Selling, general and administrative expense 1,244.8 1,175.0 1,127.4
Transaction and integration expenses (related to RB Foods acquisition) 40.8 0.0 0.0
Special charges 22.2 15.7 61.5
Operating income 702.4 641.0 548.4
Interest expense 95.7 56.0 53.3
Other debt costs 15.4 0.0 0.0
Other income, net 3.5 4.2 1.1
Income from consolidated operations before income taxes 594.8 589.2 496.2
Income taxes 151.3 153.0 131.3
Net income from consolidated operations 443.5 436.2 364.9
Income from unconsolidated operations 33.9 36.1 36.7
Net income $ 477.4 $ 472.3 $ 401.6
Earnings per share–basic (usd per share) $ 3.77 $ 3.73 $ 3.14
Earnings per share–diluted (usd per share) $ 3.72 $ 3.69 $ 3.11