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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Net sales $ 1,401.1 $ 1,301.9 $ 2,613.1 $ 2,533.4
Cost of goods sold 821.6 793.4 1,563.7 1,558.0
Gross profit 579.5 508.5 1,049.4 975.4
Selling, general and administrative expense 319.2 293.3 593.9 561.2
Special charges 2.9 7.1 3.9 9.2
Operating income 257.4 208.1 451.6 405.0
Interest expense 34.4 42.4 69.7 85.4
Other income, net 3.1 6.3 8.6 12.4
Income from consolidated operations before income taxes 226.1 172.0 390.5 332.0
Income tax expense 40.4 32.1 70.5 54.2
Net income from consolidated operations 185.7 139.9 320.0 277.8
Income from unconsolidated operations 10.2 9.5 20.6 19.6
Net income $ 195.9 $ 149.4 $ 340.6 $ 297.4
Earnings per share - basic (usd per share) $ 1.47 $ 1.13 $ 2.56 $ 2.25
Average shares outstanding - basic (shares) 133.1 132.3 133.0 132.3
Earnings per share - diluted (usd per share) $ 1.46 $ 1.12 $ 2.54 $ 2.22
Average shares outstanding - diluted (shares) 134.3 133.9 134.3 133.9
Common Stock        
Cash dividends paid per common share (usd per share) $ 0.62 $ 0.57 $ 1.24 $ 1.14
Common Stock, Dividends, Per Share, Declared $ 0.62 $ 0.57 $ 0.62 $ 0.57