CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Aug. 31, 2025	Nov. 30, 2024
ASSETS
Cash and cash equivalents	$ 94.9	$ 186.1
Trade accounts receivable, net of allowances	668.7	587.4
Inventories, net
Finished products	657.2	618.3
Raw materials and work-in-process	666.4	621.6
Total inventory	1,323.6	1,239.9
Prepaid expenses and other current assets	136.8	125.6
Total current assets	2,224.0	2,139.0
Property, plant and equipment, net	1,419.8	1,413.0
Goodwill	5,314.2	5,227.5
Intangible assets, net	3,302.5	3,318.9
Other long-term assets	986.5	971.9
Total assets	13,247.0	13,070.3
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	496.1	483.1
Current portion of long-term debt	757.3	265.2
Trade accounts payable	1,196.8	1,238.1
Other accrued liabilities	669.8	896.4
Total current liabilities	3,120.0	2,882.8
Long-term debt	3,104.9	3,593.6
Deferred taxes	822.1	840.5
Other long-term liabilities	416.4	436.6
Total liabilities	7,463.4	7,753.5
Shareholders’ equity
Retained earnings	3,841.9	3,545.0
Accumulated other comprehensive loss	(361.1)	(491.2)
Total McCormick shareholders’ equity	5,752.8	5,291.0
Non-controlling interests	30.8	25.8
Total shareholders’ equity	5,783.6	5,316.8
Total liabilities and shareholders’ equity	13,247.0	13,070.3
Common stock
Shareholders’ equity
Common stock	582.8	587.6
Common stock non-voting
Shareholders’ equity
Common stock	$ 1,689.2	$ 1,649.6