CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Feb. 28, 2025	Nov. 30, 2024
ASSETS
Cash and cash equivalents	$ 102.8	$ 186.1
Trade accounts receivable, net of allowances	516.9	587.4
Inventories, net
Finished products	607.9	618.3
Raw materials and work-in-process	637.7	621.6
Total inventory	1,245.6	1,239.9
Prepaid expenses and other current assets	147.4	125.6
Total current assets	2,012.7	2,139.0
Property, plant and equipment, net	1,392.9	1,413.0
Goodwill	5,206.1	5,227.5
Intangible assets, net	3,308.1	3,318.9
Other long-term assets	980.0	971.9
Total assets	12,899.8	13,070.3
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	456.9	483.1
Current portion of long-term debt	755.1	265.2
Trade accounts payable	1,161.9	1,238.1
Other accrued liabilities	728.0	896.4
Total current liabilities	3,101.9	2,882.8
Long-term debt	3,095.7	3,593.6
Deferred taxes	830.0	840.5
Other long-term liabilities	422.5	436.6
Total liabilities	7,450.1	7,753.5
Shareholders’ equity
Retained earnings	3,694.3	3,545.0
Accumulated other comprehensive loss	(524.6)	(491.2)
Total McCormick shareholders’ equity	5,423.0	5,291.0
Non-controlling interests	26.7	25.8
Total shareholders’ equity	5,449.7	5,316.8
Total liabilities and shareholders’ equity	12,899.8	13,070.3
Common stock
Shareholders’ equity
Common stock	588.5	587.6
Common stock non-voting
Shareholders’ equity
Common stock	$ 1,664.8	$ 1,649.6