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Investments In Affiliates
 12 Months Ended
Nov. 30, 2024
Investments In Affiliates [Abstract]  
Investments In Affiliates INVESTMENTS IN AFFILIATES
Income from unconsolidated operations was $74.2 million, $56.4 million, and $37.8 million in 2024, 2023, and 2022, respectively. Our principal earnings from unconsolidated affiliates are from our 50% interest in McCormick de Mexico, S.A. de C.V. Profit from this joint venture represented 95% of income from unconsolidated operations in 2024, 95% in 2023 and 84% in 2022.
Summarized annual and year-end information from the financial statements of unconsolidated affiliates representing 100% of the businesses follows:
(millions)202420232022
Net sales$1,281.5 $1,193.2 $998.1 
Gross profit519.3 446.9 338.1 
Net income162.8 124.3 86.5 
Current assets$497.4 $522.1 $494.8 
Noncurrent assets112.7 122.4 109.7 
Current liabilities304.4 336.5 257.7 
Noncurrent liabilities6.9 7.6 8.4 
Royalty income from unconsolidated affiliates was $37.0 million, $35.1 million and $27.3 million for 2024, 2023, and 2022, respectively.