Fair Value Measurements (Tables)

12 Months Ended

Nov. 30, 2024

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured At Fair Value On Recurring Basis

Our population of assets and liabilities subject to fair value measurements on a recurring basis are as follows:

			Fair value measurements using fair value hierarchy as of  November 30, 2024
(millions)	Fair value		Level 1		Level 2
Assets:
Cash and cash equivalents	$	186.1	$	186.1	$	—
Insurance contracts	129.2		—		129.2
Bonds and other long-term investments	1.3		1.3		—
Foreign currency derivatives	5.2		—		5.2
Cross currency contracts	36.8		—		36.8
Total	$	358.6	$	187.4	$	171.2
Liabilities:
Interest rate derivatives	$	37.9	$	—	$	37.9
Foreign currency derivatives	12.5		—		12.5
Total	$	50.4	$	—	$	50.4

			Fair value measurements using fair value hierarchy as of  November 30, 2023
(millions)	Fair value		Level 1		Level 2
Assets:
Cash and cash equivalents	$	166.6	$	166.6	$	—
Insurance contracts	114.7		—		114.7
Bonds and other long-term investments	0.3		0.3		—
Foreign currency derivatives	2.5		—		2.5
Cross currency contracts	24.6		—		24.6
Total	$	308.7	$	166.9	$	141.8
Liabilities:
Interest rate derivatives	$	52.8	$	—	$	52.8
Foreign currency derivatives	16.0		—		16.0
Cross currency contracts	7.5		—		7.5
Total	$	76.3	$	—	$	76.3

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The carrying amount and fair value of long-term debt, including the current portion, as of November 30 were as follows:

(millions)	2024				2023
	Carrying amount		Fair value		Carrying amount		Fair value
Long-term debt (including current portion)	$	3,858.8	$	3,677.1	$	4,139.2	$	3,841.0
Level 1 valuation techniques			3,557.3				3,682.0
Level 2 valuation techniques			119.8				159.0