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Goodwill And Intangible Assets
12 Months Ended
Nov. 30, 2025
Goodwill And Intangible Assets [Abstract ]  
Goodwill And Intangible Assets GOODWILL AND INTANGIBLE ASSETS
The following table displays intangible assets as of November 30:
  
20252024
(millions)Gross
carrying
amount
Accumulated
amortization
Gross
carrying
amount
Accumulated
amortization
Definite-lived intangible assets$546.9 $302.6 $537.5 $262.5 
Indefinite-lived intangible assets:
Goodwill5,301.3 — 5,227.5 — 
Brand names and trademarks3,048.8 — 3,043.9 — 
 8,350.1 — 8,271.4 — 
Total goodwill and intangible assets$8,897.0 $302.6 $8,808.9 $262.5 
Intangible asset amortization expense was $35.2 million, $35.0 million, and $34.9 million for 2025, 2024, and 2023, respectively. At November 30, 2025, definite-lived intangible assets had a weighted-average remaining life of approximately 8 years.
Amortization expense for the next five years, based on intangible asset balances as of November 30, 2025, is estimated to be as follows:
2026$35.7 
202733.9 
202832.7 
202928.0 
203025.9 
The changes in the carrying amount of goodwill by segment for the years ended November 30 were as follows:
  
20252024
(millions)ConsumerFlavor SolutionsConsumerFlavor Solutions
Beginning of year$3,583.1 $1,644.4 $3,609.6 $1,650.5 
Acquisition1.6 1.5 — — 
Foreign currency fluctuations60.9 9.8 (26.5)(6.1)
End of year$3,645.6 $1,655.7 $3,583.1 $1,644.4