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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Aug. 31, 2024
Nov. 30, 2023
ASSETS    
Cash and cash equivalents $ 200.8 $ 166.6
Trade accounts receivable, net of allowances 660.9 587.5
Inventories, net    
Finished products 645.0 570.0
Raw materials and work-in-process 597.6 556.5
Total inventory 1,242.6 1,126.5
Prepaid expenses and other current assets 140.0 121.0
Total current assets 2,244.3 2,001.6
Property, plant and equipment, net 1,399.5 1,324.7
Goodwill 5,277.7 5,260.1
Intangible assets, net 3,332.7 3,356.7
Other long-term assets 950.7 919.2
Total assets 13,204.9 12,862.3
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Short-term borrowings 1,180.7 272.2
Current portion of long-term debt 64.2 799.3
Trade accounts payable 1,227.8 1,119.3
Other accrued liabilities 671.6 908.1
Total current liabilities 3,144.3 3,098.9
Long-term debt 3,343.1 3,339.9
Deferred taxes 836.2 861.2
Other long-term liabilities 430.3 478.8
Total liabilities 7,753.9 7,778.8
Shareholders’ equity    
Retained earnings 3,577.2 3,249.7
Accumulated other comprehensive loss (390.4) (388.6)
Total McCormick shareholders' equity 5,421.5 5,060.7
Non-controlling interests 29.5 22.8
Total shareholders’ equity 5,451.0 5,083.5
Total liabilities and shareholders’ equity 13,204.9 12,862.3
Common stock    
Shareholders’ equity    
Common stock 594.4 597.1
Common stock non-voting    
Shareholders’ equity    
Common stock $ 1,640.3 $ 1,602.5