Fair Value Measurements (Tables)

6 Months Ended

May 31, 2019

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value on recurring basis

Our population of financial assets and liabilities subject to fair value measurements on a recurring basis are as follows (in millions):

			May 31, 2019
	Fair Value		Level 1		Level 2
Assets
Cash and cash equivalents	$	139.4	$	139.4	$	—
Insurance contracts	111.8		—		111.8
Bonds and other long-term investments	6.5		6.5		—
Interest rate derivatives	12.1		—		12.1
Foreign currency derivatives	6.9		—		6.9
Cross currency contracts	7.1		—		7.1
Total	$	283.8	$	145.9	$	137.9
Liabilities
Foreign currency derivatives	$	1.6	$	—	$	1.6
Cross currency contracts	7.7		—		7.7
Total	$	9.3	$	—	$	9.3

			May 31, 2018
	Fair Value		Level 1		Level 2
Assets
Cash and cash equivalents	$	202.6	$	202.6	$	—
Insurance contracts	120.3		—		120.3
Bonds and other long-term investments	4.3		4.3		—
Foreign currency derivatives	5.8		—		5.8
Total	$	333.0	$	206.9	$	126.1
Liabilities
Foreign currency derivatives	$	5.2	$	—	$	5.2
Interest rate derivatives	5.8		—		5.8
Total	$	11.0	$	—	$	11.0

			November 30, 2018
	Fair Value		Level 1		Level 2
Assets
Cash and cash equivalents	$	96.6	$	96.6	$	—
Insurance contracts	118.0		—		118.0
Bonds and other long-term investments	2.8		2.8		—
Foreign currency derivatives	4.4		—		4.4
Total	$	221.8	$	99.4	$	122.4
Liabilities
Foreign currency derivatives	$	6.4	$	—	$	6.4
Interest rate derivatives	6.4		—		6.4
Total	$	12.8	$	—	$	12.8

Fair Value, by Balance Sheet Grouping

The following table sets forth the carrying amounts and fair values of our long-term debt (including the current portion thereof) at May 31, 2019, May 31, 2018 and November 30, 2018 (in millions):

	May 31, 2019		May 31, 2018		November 30, 2018
Carrying amount	$	4,065.0	$	4,531.7	$	4,136.4
Fair value	4,131.8		4,470.9		4,039.4
Level 1 valuation techniques	$	3,345.4	$	3,207.0	$	3,172.7
Level 2 valuation techniques	786.4		1,263.9		866.7
Total fair value	$	4,131.8	$	4,470.9	$	4,039.4