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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2018
Aug. 31, 2017
Income Statement [Abstract]        
Net sales $ 1,345.3 $ 1,185.2 $ 3,909.7 $ 3,343.2
Cost of goods sold 750.4 700.8 2,219.6 2,001.2
Gross profit 594.9 484.4 1,690.1 1,342.0
Selling, general and administrative expense 353.0 286.5 1,045.7 869.0
Transaction and integration expenses (related to RB Foods acquisition) 5.6 24.5 22.1 24.5
Special charges 3.3 4.7 13.9 13.0
Operating income 233.0 168.7 608.4 435.5
Interest expense 44.7 21.5 130.7 50.9
Other debt costs 0.0 15.4 0.0 15.4
Other income, net 1.7 1.2 4.7 2.5
Income from consolidated operations before income taxes 190.0 133.0 482.4 371.7
Income tax expense (benefit) 24.9 33.0 (213.1) 93.6
Net income from consolidated operations 165.1 100.0 695.5 278.1
Income from unconsolidated operations 8.4 8.2 23.9 23.6
Net income $ 173.5 $ 108.2 $ 719.4 $ 301.7
Earnings per share - basic (usd per share) $ 1.32 $ 0.86 $ 5.47 $ 2.40
Average shares outstanding - basic (shares) 131.6 126.3 131.4 125.5
Earnings per share - diluted (usd per share) $ 1.30 $ 0.85 $ 5.41 $ 2.37
Average shares outstanding - diluted (shares) 133.2 127.8 133.0 127.2
Cash dividends paid per common share (usd per share) $ 0.52 $ 0.47 $ 1.56 $ 1.41
Cash dividends declared per share (usd per share) $ 0.52 $ 0.47 $ 1.04 $ 0.94