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Business Segments And Geographic Areas
 12 Months Ended
Nov. 30, 2025
Segment Reporting Information, Profit (Loss) [Abstract]  
Business Segments And Geographic Areas BUSINESS SEGMENTS AND GEOGRAPHIC AREAS
Business Segments
We operate in two business segments: Consumer and Flavor Solutions. The Consumer and Flavor Solutions segments manufacture, market and distribute herbs, spices, seasoning mixes, condiments and other flavorful products throughout the world. Our Consumer segment sells to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce under the “McCormick” brand and a variety of brands around the world, including “French's,” “Frank's RedHot,” “Lawry’s,” “Zatarain’s,” “Simply Asia,” “Thai Kitchen,” “Ducros,” “Vahiné,” "Cholula," “Schwartz,” “Club House,” “Kamis,” "DaQiao," "La Drogheria," "Stubb's," "OLD BAY," and "Gourmet Garden." Our Flavor Solutions segment sells to food manufacturers and the foodservice industry both directly and indirectly through distributors, with the exception of our businesses in China where foodservice sales are managed by and reported in our Consumer segment.

Our CODM is our Chairman, President & Chief Executive Officer. Our CODM uses operating income excluding special charges and transaction and integration expenses related to our acquisitions to manage segment performance and allocate resources across segments and considers variances of actual performance to our annual budget and periodic forecasts as well as year over year performance when making decisions. Special charges and transaction and integration expenses are excluded from operating income in our internal reporting to the CODM as this activity is managed separately from the business segments. Activity related to special charges, including transaction and integration expenses, is described in Note 2. Transaction and integration expenses include the amortization of the acquisition-date fair value adjustment of inventories included in cost of goods sold, costs directly associated with that acquisition and costs associated with integrating the businesses

Although the segments are managed separately due to their distinct distribution channels and marketing strategies, manufacturing and warehousing are often integrated to maximize cost efficiencies. As a result, jointly utilized assets, including fixed assets, and depreciation and amortization expense are not maintained by individual segment. Depreciation and amortization expense is allocated to the segments except for amounts that are recognized in interest.

We have a large number of customers for our products. Sales to one of our Consumer segment customers, Wal-Mart Stores, Inc., accounted for approximately 12% of consolidated sales in 2025, 2024, and 2023. Sales to one of our Flavor Solutions segment customers, PepsiCo, Inc., accounted for approximately 12%, 13%, and 13% of consolidated sales in 2025, 2024, and 2023, respectively.
Accounting policies for measuring segment operating income and assets are consistent with those described in Note 1. Because of integrated manufacturing for certain products within the segments, products are not sold from one segment to another but rather inventory is transferred at cost. Inter-segment transfers are not material. Corporate assets include cash, deferred taxes, investments, and certain fixed assets.
Business Segment Results
(millions)ConsumerFlavor SolutionsTotal
segments		Corporate
& other		Total
2025
Net sales$3,950.3 $2,890.0 $6,840.3 $— $6,840.3 
Cost of goods sold excluding special charges2,187.4 2,058.6 4,246.0 — 4,246.0 
SG&A expense1,028.0 472.3 1,500.3 — 1,500.3 
Operating income excluding special charges734.9 359.1 1,094.0 — 1,094.0 
Income from unconsolidated operations68.7 3.5 72.2 — 72.2 
Assets— — 12,511.6 688.8 13,200.4 
Capital expenditures— — 176.4 45.4 221.8 
Depreciation and amortization— — 227.2 4.1 231.3 
2024
Net sales$3,848.5 $2,875.2 $6,723.7 $— $6,723.7 
Cost of goods sold2,074.2 2,058.5 4,132.7 — 4,132.7 
SG&A expense1,034.0 487.2 1,521.2 — 1,521.2 
Operating income excluding special charges740.3 329.5 1,069.8 — 1,069.8 
Income from unconsolidated operations71.2 3.0 74.2 — 74.2 
Assets— — 12,359.4 710.9 13,070.3 
Capital expenditures— — 234.1 40.8 274.9 
Depreciation and amortization— — 204.7 4.1 208.8 
2023
Net sales$3,807.3 $2,854.9 $6,662.2 $— $6,662.2 
Cost of goods sold2,044.4 2,115.3 4,159.7 — 4,159.7 
SG&A expense1,027.4 450.9 1,478.3 — 1,478.3 
Operating income excluding special charges735.5 288.7 1,024.2 — 1,024.2 
Income from unconsolidated operations54.7 1.7 56.4 — 56.4 
Assets— — 12,233.1 629.2 12,862.3 
Capital expenditures— — 234.9 29.0 263.9 
Depreciation and amortization— — 194.8 4.5 199.3 

A reconciliation of cost of goods sold excluding special charges and operating income excluding special charges to cost of goods sold and operating income for 2025, 2024, and 2023 is as follows:
(millions)ConsumerFlavor SolutionsTotal
2025
Cost of goods sold excluding special charges$2,187.4 $2,058.6 $4,246.0 
Special charges1.3 0.8 2.1 
Cost of goods sold$2,188.7 $2,059.4 $4,248.1 
Operating income excluding special charges$734.9 $359.1 $1,094.0 
Less: Special charges13.6 9.6 23.2 
Operating income$721.3 $349.5 $1,070.8 
 
2024
Operating income excluding special charges$740.3 $329.5 $1,069.8 
Less: Special charges3.4 6.1 9.5 
Operating income$736.9 $323.4 $1,060.3 
2023
Operating income excluding special charges
     expenses		$735.5 $288.7 $1,024.2 
Less: Special charges35.8 25.4 61.2 
Operating income$699.7 $263.3 $963.0 
Total segment operating income as disclosed in the preceding table represents our consolidated operating income. The reconciliation of that operating income to income from consolidated operations before income taxes, which includes interest expense and other income, net is presented on the consolidated income statement.
Geographic Areas
We have net sales and long-lived assets in the following geographic areas:
(millions)United
States		EMEAOther
countries		Total
2025
Net sales$4,168.3 $1,268.5 $1,403.5 $6,840.3 
Long-lived assets8,016.0 1,196.2 831.0 10,043.2 
2024
Net sales$4,103.9 $1,239.3 $1,380.5 $6,723.7 
Long-lived assets8,017.9 1,117.0 824.5 9,959.4 
2023
Net sales$4,083.8 $1,212.8 $1,365.6 $6,662.2 
Long-lived assets7,946.1 1,138.6 856.8 9,941.5 
Long-lived assets include property, plant and equipment, goodwill and intangible assets, net of accumulated depreciation and amortization.
Product Categories
Our net sales by product categories consist of the following:
For the year ended November 30 (millions)202520242023
Consumer segment:
Spices & seasoning$1,707.6 $1,651.0 $1,578.3 
Recipe mixes439.1 437.7 430.5 
Condiments & sauces950.9 936.6 921.0 
Regional leaders852.7 823.2 877.5 
Flavor Solutions segment:
Flavors1,619.9 1,618.6 1,585.7 
Branded foodservice614.1 615.1 598.4 
Custom condiments329.3 336.8 317.1 
Coatings, bulk spices & herbs326.7 304.7 353.7 
Total net sales$6,840.3 $6,723.7 $6,662.2