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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 01, 2024
Nov. 26, 2023
Nov. 27, 2022
Cash Flows from Operating Activities:      
Net income $ 210.6 $ 249.6 $ 569.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 193.2 165.3 158.9
Goodwill and other intangible asset impairment charges 116.9 90.2 11.6
Property, plant, equipment and right-of-use asset impairment, and gain/loss on early lease terminations, net 22.3 66.4 26.2
Stock-based compensation 62.8 74.4 60.8
Benefit from deferred income taxes (91.1) (104.3) (59.8)
Other, net 33.2 2.4 11.6
Net change in operating assets and liabilities 350.5 (108.5) (550.3)
Net cash provided by operating activities 898.4 435.5 228.1
Cash Flows from Investing Activities:      
Purchases of property, plant and equipment (227.5) (313.6) (267.1)
Payments to acquire business (34.4) (12.1) 0.0
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting (17.4) 16.1 12.4
Payments to acquire short-term investments 0.0 0.0 (72.8)
Proceeds from sale, maturity and collection of short-term investments 0.0 70.8 93.0
Other investing activities, net (1.8) (1.9) (1.2)
Net cash used for investing activities (281.1) (240.7) (235.7)
Cash Flows from Financing Activities:      
Proceeds from senior revolving credit facility 0.0 200.0 404.0
Repayments of senior revolving credit facility 0.0 (200.0) (404.0)
Repurchase of common stock (90.1) (8.1) (175.7)
Tax withholdings on equity awards (24.7) (22.5) (29.0)
Dividend to stockholders (198.5) (190.5) (174.3)
Other financing activities, net (6.0) 7.0 13.6
Net cash (used for) provided by financing activities (319.3) (214.1) (365.4)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (6.8) (11.5) (7.7)
Net increase (decrease) in cash and cash equivalents and restricted cash 291.2 (30.8) (380.7)
Beginning cash and cash equivalents 398.8 429.6 810.3
Ending cash and cash equivalents, and restricted cash 690.0 398.8 429.6
Noncash Investing Activity:      
Property, plant and equipment acquired and not yet paid at end of period 65.4 59.6 93.3
Supplemental disclosure of cash flow information:      
Cash paid for interest during the period 38.2 42.8 37.5
Income taxes $ 102.3 $ 89.3 $ 129.3