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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Nov. 27, 2022
Nov. 28, 2021
Nov. 29, 2020
Cash Flows from Operating Activities:      
Net income (loss) $ 569.1 $ 553.5 $ (127.1)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 158.9 143.2 141.8
Asset impairment charges 37.8 21.9 67.0
Stock-based compensation 60.8 60.1 50.9
Deferred income taxes (59.8) (87.9) (95.2)
Loss on early extinguishment of debt 0.0 36.4 0.0
Other, net 11.6 33.9 49.6
Net change in operating assets and liabilities (550.3) (23.8) 382.6
Net cash provided by operating activities 228.1 737.3 469.6
Cash Flows from Investing Activities:      
Purchases of property, plant and equipment (267.1) (166.9) (130.4)
Payments to acquire business 0.0 (390.9) (54.6)
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting 12.4 (17.9) 12.5
Payments to acquire short-term investments (72.8) (123.0) (109.6)
Proceeds from sale, maturity and collection of short-term investments 93.0 126.9 93.5
Other investing, net (1.2) 0.0 0.0
Net cash used for investing activities (235.7) (571.8) (188.6)
Cash Flows from Financing Activities:      
Proceeds from issuance of long-term debt, net of issuance costs 0.0 489.3 496.0
Repayments of long-term debt including extinguishment costs 0.0 (1,023.3) 0.0
Proceeds from senior revolving credit facility 404.0 0.0 300.0
Repayments of senior revolving credit facility (404.0) 0.0 (300.0)
Proceeds (repayments) of short-term credit facilities and other short-term borrowings, net 7.4 (12.2) 10.0
Repurchase of common stock (175.7) (85.9) (56.2)
Tax withholdings on equity awards (29.0) (109.3) (90.6)
Dividend to stockholders (174.3) (104.4) (63.6)
Other financing, net 6.2 4.9 (9.6)
Net cash (used for) provided by financing activities (365.4) (840.9) 286.0
Effect of exchange rate changes on cash and cash equivalents and restricted cash (7.6) (11.6) (4.2)
Net (decrease) increase in cash and cash equivalents and restricted cash (380.6) (687.0) 562.8
Beginning cash and cash equivalents, and restricted cash 810.6 1,497.6 934.8
Ending cash and cash equivalents, and restricted cash 430.0 810.6 1,497.6
Less: Ending restricted cash (0.4) (0.3) (0.4)
Ending cash and cash equivalents 429.6 810.3 1,497.2
Noncash Investing Activity:      
Property, plant and equipment acquired and not yet paid at end of period 93.3 72.3 36.0
Supplemental disclosure of cash flow information:      
Cash paid for interest during the period 37.5 54.4 73.7
Income taxes $ 129.3 $ 109.6 $ 50.1