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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2023
Aug. 31, 2022
Net sales $ 1,684.7 $ 1,595.6 $ 4,909.4 $ 4,654.8
Cost of goods sold 1,061.9 1,028.9 3,108.2 3,004.7
Gross profit 622.8 566.7 1,801.2 1,650.1
Selling, general and administrative expense 371.7 328.1 1,088.3 1,010.6
Transaction and integration expenses 0.0 0.0 0.0 2.2
Special charges 6.1 3.4 47.1 38.0
Operating income 245.0 235.2 665.8 599.3
Interest expense 52.7 37.9 155.5 104.7
Other income, net 7.1 77.4 30.7 89.9
Income from consolidated operations before income taxes 199.4 274.7 541.0 584.5
Income tax expense 42.7 59.3 117.4 115.4
Net income from consolidated operations 156.7 215.4 423.6 469.1
Income from unconsolidated operations 13.4 7.5 37.7 27.2
Net income $ 170.1 $ 222.9 $ 461.3 $ 496.3
Earnings per share - basic (usd per share) $ 0.63 $ 0.83 $ 1.72 $ 1.85
Earnings per share - diluted (usd per share) $ 0.63 $ 0.82 $ 1.71 $ 1.83
Average shares outstanding - basic (shares) 268.4 268.3 268.4 268.1
Average shares outstanding - diluted (shares) 270.1 270.2 269.8 270.4
Common stock        
Cash dividends paid per common share (usd per share) $ 0.39 $ 0.37 $ 1.17 $ 1.11
Cash dividends declared per common share (usd per share) $ 0.39 $ 0.37 $ 0.78 $ 0.74