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Condensed Consolidated Income Statement (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
May 31, 2011
May 31, 2010
May 31, 2011
May 31, 2010
Condensed Consolidated Income Statement        
Net sales $ 883.7 $ 798.3 $ 1,666.5 $ 1,562.8
Cost of goods sold 533.0 471.6 987.6 925.9
Gross profit 350.7 326.7 678.9 636.9
Selling, general and administrative expense 241.4 229.2 459.0 438.5
Operating income 109.3 97.5 219.9 198.4
Interest expense 12.3 12.3 24.5 24.6
Other income, net 0.9 0 1.4 0.4
Income from consolidated operations before income taxes 97.9 85.2 196.8 174.2
Income taxes 30.4 25.7 60.4 53.1
Net income from consolidated operations 67.5 59.5 136.4 121.1
Income from unconsolidated operations 6.1 6.7 14.0 13.1
Net income $ 73.6 $ 66.2 $ 150.4 $ 134.2
Earnings per common share - basic $ 0.56 $ 0.50 $ 1.13 $ 1.01
Average shares outstanding - basic 132.4 133.1 132.7 132.7
Earnings per common share - diluted $ 0.55 $ 0.49 $ 1.12 $ 1.00
Average shares outstanding - diluted 134.1 134.8 134.3 134.3
Cash dividends paid per common share $ 0.28 $ 0.26 $ 0.56 $ 0.52