Supplemental Financial Statement Data (Tables)

12 Months Ended

Nov. 30, 2023

Supplemental Financial Statement Data [Abstract]

Supplemental Income Statement, Balance Sheet And Cash Flow Information

Supplemental consolidated information with respect to our income statement, balance sheet and cash flow follow:

For the year ended November 30 (millions)	2023		2022		2021
Other income, net
Gain (loss) on sale of business (1)	$	(1.2)	$	49.6	$	—
Gain on settlement of treasury locks (2)	—		18.7		—
Pension and other postretirement benefit income	10.7		9.6		6.4
Interest income	36.6		17.8		9.3
Other	(2.2)		2.6		1.6
	$	43.9	$	98.3	$	17.3

(1) The 2022 sale of Kitchen Basics is further described in note 2.
(2) The settlement of these treasury locks is further described in note 8.

At November 30 (millions)	2023		2022
Trade accounts receivable allowance for doubtful accounts	$	5.9	$	7.3
Inventories
Finished products	$	570.0	$	649.0
Raw materials and work-in-process	556.5		691.1
	$	1,126.5	$	1,340.1
Prepaid expenses	$	47.6	$	61.7
Other current assets	73.4		77.2
	$	121.0	$	138.9
Property, plant and equipment
Land and improvements	$	93.3	$	90.1
Buildings (including finance leases)	820.9		738.8
Machinery, equipment and other	1,440.3		1,265.4
Construction-in-progress	223.3		238.7
Accumulated depreciation	(1,253.1)		(1,135.0)
	$	1,324.7	$	1,198.0
Other long-term assets
Investments in affiliates	$	149.1	$	167.9
Long-term investments	115.0		115.1
Right of use asset	220.0		218.9
Software, net of accumulated amortization of $270.1 for 2023 and $251.6 for 2022	159.9		160.6
Pension asset	127.1		123.5
Other	148.1		153.4
	$	919.2	$	939.4
Other accrued liabilities
Payroll and employee benefits	$	222.1	$	141.9
Sales allowances	195.3		181.0
Dividends payable	112.6		104.6
Other	378.1		326.6
	$	908.1	$	754.1
Other long-term liabilities
Pension	$	81.8	$	92.0
Postretirement benefits	42.1		47.6
Operating lease liability	179.9		176.1
Unrecognized tax benefits	27.7		29.6
Other	147.3		139.4
	$	478.8	$	484.7

 

For the year ended November 30 (millions)	2023		2022		2021
Depreciation	$	135.3	$	136.3	$	124.6
Software amortization	19.1		18.9		12.6
Interest paid	203.6		148.8		135.7
Income taxes paid	118.3		192.4		179.3