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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Aug. 31, 2019
Nov. 30, 2018
Aug. 31, 2018
Current Assets      
Cash and cash equivalents $ 162.9 $ 96.6 $ 73.0
Trade accounts receivable, net 494.6 518.1 511.7
Inventories, net      
Finished products 442.5 406.1 422.6
Raw materials and work-in-process 404.4 380.2 383.7
Total inventory 846.9 786.3 806.3
Prepaid expenses and other current assets 85.0 78.9 83.2
Total current assets 1,589.4 1,479.9 1,474.2
Property, plant and equipment 2,090.2 2,066.5 2,066.2
Less: accumulated depreciation (1,120.4) (1,081.4) (1,105.2)
Property, plant and equipment, net 969.8 985.1 961.0
Goodwill 4,496.5 4,527.9 4,553.4
Intangible assets, net 2,850.3 2,873.3 2,881.7
Investments and other assets 460.0 390.2 407.7
Total assets 10,366.0 10,256.4 10,278.0
Current Liabilities      
Short-term borrowings 683.6 560.0 639.8
Current portion of long-term debt 119.3 83.5 75.5
Trade accounts payable 783.1 710.0 646.3
Other accrued liabilities 444.4 648.2 493.5
Total current liabilities 2,030.4 2,001.7 1,855.1
Long-term debt 3,843.1 4,052.9 4,269.8
Deferred taxes 701.2 706.5 667.7
Other long-term liabilities 310.7 313.1 373.4
Total liabilities 6,885.4 7,074.2 7,166.0
Shareholders’ Equity      
Retained earnings 2,019.8 1,760.2 1,723.7
Accumulated other comprehensive loss (428.3) (359.9) (354.1)
Non-controlling interests 11.9 11.3 10.3
Total shareholders’ equity 3,480.6 3,182.2 3,112.0
Total liabilities and shareholders’ equity 10,366.0 10,256.4 10,278.0
Common Stock      
Shareholders’ Equity      
Common stock 441.3 400.2 396.9
Nonvoting Common Stock      
Shareholders’ Equity      
Common stock $ 1,435.9 $ 1,370.4 $ 1,335.2