CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	May 31, 2026	Nov. 30, 2025
ASSETS
Cash and cash equivalents	$ 331.2	$ 95.9
Trade accounts receivable, net of allowances	709.4	628.9
Inventories, net
Finished products	694.7	629.1
Raw materials and work-in-process	713.9	642.9
Total inventory	1,408.6	1,272.0
Prepaid expenses and other current assets	339.6	141.3
Total current assets	2,788.8	2,138.1
Property, plant and equipment, net	1,504.2	1,448.8
Goodwill	6,291.9	5,301.3
Intangible assets, net	4,937.5	3,293.1
Other long-term assets	954.7	1,019.1
Total assets	16,477.1	13,200.4
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	1,326.6	381.4
Current portion of long-term debt	9.5	509.1
Trade accounts payable	1,515.1	1,259.4
Other accrued liabilities	720.6	912.3
Total current liabilities	3,571.8	3,062.2
Long-term debt	3,597.4	3,105.8
Deferred taxes	1,327.0	835.8
Other long-term liabilities	407.6	428.5
Total liabilities	8,903.8	7,432.3
Shareholders’ equity
Retained earnings	4,842.9	3,816.4
Accumulated other comprehensive loss	(161.4)	(363.1)
Total McCormick & Company shareholders’ equity	6,995.6	5,736.5
Non-controlling interests	577.7	31.6
Total shareholders’ equity	7,573.3	5,768.1
Total liabilities and shareholders’ equity	16,477.1	13,200.4
Common stock
Shareholders’ equity
Common stock	585.1	582.4
Common stock non-voting
Shareholders’ equity
Common stock	$ 1,729.0	$ 1,700.8