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Consolidated Cash Flow Statement - USD ($)
$ in Millions
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Operating activities      
Net income $ 682.0 $ 755.3 $ 747.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 200.6 186.3 165.0
Stock-based compensation 60.3 66.6 46.0
Gain on the sale of a business and intangible asset (63.2) 0.0 0.0
Asset Impairment Charges 10.0 17.2 0.0
Business Combination, Amortization Of Inventory Fair Value Adjustments 0.0 6.3 0.0
(Gain) loss on sale of assets (0.5) 0.2 3.0
Deferred income tax expense (benefit) 21.8 36.0 (11.2)
Income from unconsolidated operations (37.8) (52.2) (40.8)
Changes in operating assets and liabilities (net of effect of businesses acquired and disposed):      
Trade accounts receivable (45.8) (22.6) 4.8
Inventories (205.3) (153.7) (200.2)
Trade accounts payable 125.3 34.9 164.2
Other assets and liabilities (129.9) (81.4) 133.8
Dividends received from unconsolidated affiliates 34.0 35.4 29.3
Net cash provided by operating activities 651.5 828.3 1,041.3
Investing activities      
Acquisitions of businesses (net of cash acquired) 0.0 (706.4) (803.0)
Proceeds from sale of business 95.2 0.0 0.0
Capital expenditures (including expenditures for capitalized software) (262.0) (278.0) (225.3)
Proceeds from sale of unconsolidated operation 0.0 65.4 0.0
Proceeds from sale of intangible asset 13.6 0.0 0.0
Other investing activities 6.8 10.4 2.7
Net cash used in investing activities (146.4) (908.6) (1,025.6)
Financing activities      
Short-term borrowings (repayments), net 698.3 (346.7) 286.5
Proceeds from issuances of long-term debt 0.0 1,001.5 527.0
Payment of debt issuance costs 0.0 (1.9) (1.1)
Long-term debt repayments (772.0) (257.1) (257.7)
Proceeds from exercised stock options 41.4 13.5 56.6
Taxes withheld and paid on employee stock awards (19.4) (15.4) (13.0)
Common stock acquired by purchase (38.8) (8.6) (47.3)
Dividends paid (396.7) (363.3) (330.1)
Net cash (used in) provided by financing activities (487.2) 22.0 220.9
Effect of exchange rate changes on cash and cash equivalents (35.6) (13.6) 31.6
(Decrease) increase in cash and cash equivalents (17.7) (71.9) 268.2
Cash and cash equivalents at beginning of year 351.7 423.6 155.4
Cash and cash equivalents at end of year $ 334.0 $ 351.7 $ 423.6