CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Feb. 28, 2026	Nov. 30, 2025
ASSETS
Cash and cash equivalents	$ 177.7	$ 95.9
Trade accounts receivable, net of allowances	829.2	628.9
Inventories, net
Finished products	665.4	629.1
Raw materials and work-in-process	701.1	642.9
Total inventory	1,366.5	1,272.0
Prepaid expenses and other current assets	235.9	141.3
Total current assets	2,609.3	2,138.1
Property, plant and equipment, net	1,510.3	1,448.8
Goodwill	6,316.5	5,301.3
Intangible assets, net	4,961.6	3,293.1
Other long-term assets	948.6	1,019.1
Total assets	16,346.3	13,200.4
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	1,309.9	381.4
Current portion of long-term debt	9.4	509.1
Trade accounts payable	1,391.6	1,259.4
Other accrued liabilities	731.2	912.3
Total current liabilities	3,442.1	3,062.2
Long-term debt	3,604.1	3,105.8
Deferred taxes	1,323.9	835.8
Other long-term liabilities	420.1	428.5
Total liabilities	8,790.2	7,432.3
Shareholders’ equity
Retained earnings	4,823.1	3,816.4
Accumulated other comprehensive loss	(148.9)	(363.1)
Total McCormick & Company shareholders’ equity	6,980.3	5,736.5
Non-controlling interests	575.8	31.6
Total shareholders’ equity	7,556.1	5,768.1
Total liabilities and shareholders’ equity	16,346.3	13,200.4
Common stock
Shareholders’ equity
Common stock	583.4	582.4
Common stock non-voting
Shareholders’ equity
Common stock	$ 1,722.7	$ 1,700.8