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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
May 31, 2023
May 31, 2022
May 31, 2023
May 31, 2022
Net sales $ 1,659.2 $ 1,536.8 $ 3,224.7 $ 3,059.2
Cost of goods sold 1,043.7 1,013.8 2,046.3 1,975.8
Gross profit 615.5 523.0 1,178.4 1,083.4
Selling, general and administrative expense 380.5 349.2 716.6 682.5
Transaction and integration expenses 0.0 1.5 0.0 2.2
Special charges 13.2 15.1 41.0 34.6
Operating income 221.8 157.2 420.8 364.1
Interest expense 52.2 33.7 102.8 66.8
Other income, net 12.5 6.3 23.6 12.5
Income from consolidated operations before income taxes 182.1 129.8 341.6 309.8
Income tax expense 40.3 21.7 74.7 56.1
Net income from consolidated operations 141.8 108.1 266.9 253.7
Income from unconsolidated operations 10.3 10.4 24.3 19.7
Net income $ 152.1 $ 118.5 $ 291.2 $ 273.4
Earnings per share - basic (usd per share) $ 0.57 $ 0.44 $ 1.09 $ 1.02
Earnings per share - diluted (usd per share) $ 0.56 $ 0.44 $ 1.08 $ 1.01
Average shares outstanding - basic (shares) 268.4 268.3 268.3 268.1
Average shares outstanding - diluted (shares) 269.8 270.5 269.8 270.5
Common stock        
Cash dividends paid per common share (usd per share) $ 0.39 $ 0.37 $ 0.78 $ 0.74
Cash dividends declared per common share (usd per share) $ 0.39 $ 0.37 $ 0.39 $ 0.37