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Accumulated Other Comprehensive Loss
 6 Months Ended
May 31, 2022
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss ACCUMULATED OTHER COMPREHENSIVE LOSS
The following table sets forth the components of accumulated other comprehensive loss, net of tax, where applicable (in millions):
May 31, 2022November 30, 2021
Foreign currency translation adjustment (1)
$(287.0)$(233.3)
Unrealized gain on foreign currency exchange contracts8.6 0.6 
Fair value of treasury locks12.9 — 
Unamortized value of settled interest rate swaps(0.4)(0.2)
Pension and other postretirement costs(188.7)(193.6)
Accumulated other comprehensive loss$(454.6)$(426.5)
(1)During the six months ended May 31, 2022, the foreign currency translation adjustment of accumulated other comprehensive loss increased on a net basis by $53.7 million, net of a $22.1 million increase associated with net investment hedges. These net investment hedges are more fully described in note 3.

The following table sets forth the amounts reclassified from accumulated other comprehensive income (loss) and into consolidated net income (in millions):
Three months endedSix months endedAffected Line Items in the Condensed Consolidated Income Statement
May 31, 2022May 31, 2021May 31, 2022May 31, 2021
(Gains)/losses on cash flow hedges:
Interest rate derivatives$(0.2)$(0.1)$(0.3)$(0.2)Interest expense
Foreign exchange contracts(0.2)0.6 — 0.3 Cost of goods sold
Total before tax(0.4)0.5 (0.3)0.1 
Tax effect0.1 (0.1)0.1 — Income tax expense
Net, after tax$(0.3)$0.4 $(0.2)$0.1 
Amortization of pension and postretirement benefit adjustments:
Amortization of prior service costs (credit) (1)
$0.1 $0.1 $0.1 $0.1 Other income, net
Amortization of net actuarial losses (1)
$2.3 $3.6 4.9 7.0 Other income, net
Total before tax2.4 3.7 5.0 7.1 
Tax effect(0.6)(0.9)(1.2)(1.7)Income tax expense
Net, after tax$1.8 $2.8 $3.8 $5.4 
(1)This accumulated other comprehensive income (loss) component is included in the computation of total pension (income) and other postretirement benefits expense (refer to note 5 for additional details). Amortization of net actuarial losses includes settlement losses.