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CONDENSED CONSOLIDATED CASH FLOW STATEMENT (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Operating activities    
Net income $ 562.8 $ 573.3
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 172.1 157.5
Stock-based compensation 37.3 39.9
Deferred income tax benefit (15.8) (37.2)
Income from unconsolidated operations (54.0) (56.0)
Trade accounts receivable (51.9) (72.2)
Inventories (26.0) (108.9)
Trade accounts payable (62.5) 112.3
Other assets and liabilities (181.2) (202.1)
Dividends from unconsolidated affiliates 39.4 56.6
Net cash flow provided by operating activities 420.2 463.2
Investing activities    
Acquisition of business (34.1) 0.0
Capital expenditures (including software) (138.1) (189.3)
Other investing activities 0.0 0.2
Net cash flow used in investing activities (172.2) (189.1)
Financing activities    
Short-term borrowings (repayments), net 13.2 908.6
Long-term debt borrowings 2.4 0.0
Long-term debt repayments (15.7) (752.8)
Proceeds from exercised stock options 15.1 12.8
Taxes withheld and paid on employee stock awards (13.2) (8.9)
Common stock acquired by purchase (29.2) (29.0)
Dividends paid (362.2) (338.3)
Other financing activities 11.3 1.7
Net cash flow used in financing activities (378.3) (205.9)
Effect of exchange rate changes on cash and cash equivalents 39.1 (34.0)
Increase (decrease) in cash and cash equivalents (91.2) 34.2
Cash and cash equivalents at beginning of period 186.1 166.6
Cash and cash equivalents at end of period $ 94.9 $ 200.8