CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	May 31, 2024	Nov. 30, 2023
ASSETS
Cash and cash equivalents	$ 166.3	$ 166.6
Trade accounts receivable, net of allowances	598.5	587.5
Inventories, net
Finished products	618.4	570.0
Raw materials and work-in-process	539.8	556.5
Total inventory	1,158.2	1,126.5
Prepaid expenses and other current assets	146.4	121.0
Total current assets	2,069.4	2,001.6
Property, plant and equipment, net	1,366.1	1,324.7
Goodwill	5,257.2	5,260.1
Intangible assets, net	3,338.9	3,356.7
Other long-term assets	956.0	919.2
Total assets	12,987.6	12,862.3
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	352.4	272.2
Current portion of long-term debt	786.6	799.3
Trade accounts payable	1,210.3	1,119.3
Other accrued liabilities	635.0	908.1
Total current liabilities	2,984.3	3,098.9
Long-term debt	3,325.8	3,339.9
Deferred taxes	851.0	861.2
Other long-term liabilities	472.3	478.8
Total liabilities	7,633.4	7,778.8
Shareholders’ equity
Retained earnings	3,480.3	3,249.7
Accumulated other comprehensive loss	(387.6)	(388.6)
Total McCormick shareholders' equity	5,327.4	5,060.7
Non-controlling interests	26.8	22.8
Total shareholders’ equity	5,354.2	5,083.5
Total liabilities and shareholders’ equity	12,987.6	12,862.3
Common stock
Shareholders’ equity
Common stock	601.9	597.1
Common stock non-voting
Shareholders’ equity
Common stock	$ 1,632.8	$ 1,602.5