Fair Value Measurements (Tables)

12 Months Ended

Nov. 30, 2021

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured At Fair Value On Recurring Basis

Our population of assets and liabilities subject to fair value measurements on a recurring basis are as follows:

			Fair value measurements using fair value hierarchy as of  November 30, 2021
(millions)	Fair value		Level 1		Level 2
Assets:
Cash and cash equivalents	$	351.7	$	351.7	$	—
Insurance contracts	132.2		—		132.2
Bonds and other long-term investments	5.1		5.1		—
Interest rate derivatives	23.1		—		23.1
Foreign currency derivatives	8.3		—		8.3
Cross currency contracts	4.4		—		4.4
Total	$	524.8	$	356.8	$	168.0
Liabilities:
Foreign currency derivatives	2.8		—		2.8
Cross currency contracts	8.0		—		8.0
Total	$	10.8	$	—	$	10.8

			Fair value measurements using fair value hierarchy as of  November 30, 2020
(millions)	Fair value		Level 1		Level 2
Assets:
Cash and cash equivalents	$	423.6	$	423.6	$	—
Insurance contracts	126.0		—		126.0
Bonds and other long-term investments	3.9		3.9		—
Interest rate derivatives	43.1		—		43.1
Foreign currency derivatives	1.4		—		1.4
Total	$	598.0	$	427.5	$	170.5
Liabilities:
Foreign currency derivatives	8.2		—		8.2
Cross currency contracts	18.8		—		18.8
Total	$	27.0	$	—	$	27.0

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The carrying amount and fair value of long-term debt, including the current portion, as of November 30 were as follows:

(millions)	2021				2020
	Carrying amount		Fair value		Carrying amount		Fair value
Long-term debt (including current portion)	$	4,743.6	$	4,921.5	$	4,017.7	$	4,357.1
Level 1 valuation techniques			4,722.3				4,161.3
Level 2 valuation techniques			199.2				195.8