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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Aug. 31, 2021
Aug. 31, 2020
Net sales $ 1,549.4 $ 1,430.3 $ 4,587.6 $ 4,043.4
Cost of goods sold 949.8 840.0 2,795.9 2,403.7
Gross profit 599.6 590.3 1,791.7 1,639.7
Selling, general and administrative expense 327.3 317.2 1,005.2 911.1
Transaction and integration expenses 1.3 0.0 27.0 0.0
Special charges 5.8 0.1 20.6 4.0
Operating income 265.2 273.0 738.9 724.6
Interest expense 33.9 33.5 103.3 103.2
Other income, net 3.5 3.9 12.0 12.5
Income from consolidated operations before income taxes 234.8 243.4 647.6 633.9
Income tax expense 31.5 46.9 135.5 117.4
Net income from consolidated operations 203.3 196.5 512.1 516.5
Income from unconsolidated operations (including, for the nine months ended August 31, 2021, after-tax gain on sale of unconsolidated operation of $13.4) 9.1 9.6 45.8 30.2
Net income $ 212.4 $ 206.1 $ 557.9 $ 546.7
Earnings per share - basic (usd per share) $ 0.79 $ 0.77 $ 2.09 $ 2.05
Earnings per share - diluted (usd per share) $ 0.79 $ 0.76 $ 2.07 $ 2.03
Average shares outstanding - basic (shares) 267.4 266.7 267.2 266.3
Average shares outstanding - diluted (shares) 270.0 269.6 270.0 269.0
Eastern        
Supplemental Income Statement Elements [Abstract]        
Gain on Sale of Investments     $ 13.4  
Common Stock        
Cash dividends paid per common share (usd per share) $ 0.34 $ 0.31 $ 1.02 $ 0.93
Common Stock, Dividends, Per Share, Declared $ 0.34 $ 0.31 $ 0.68 $ 0.62