Long-Term Debt (Tables)

12 Months Ended

Nov. 30, 2016

Debt Disclosure [Abstract]

Summary of Long-Term Debt Carrying Values Including Unamortized Discounts and Premiums

The following summarizes our long-term debt carrying values (including unamortized discounts and premiums and valuation adjustment, where applicable) (in thousands):

	November 30,
	2016		2015
Unsecured Long-Term Debt
5.5% Senior Notes, due March 15, 2016 (effective interest rate of 2.52%)	$	—	$	353,025
5.125% Senior Notes, due April 13, 2018 (effective interest rate of 3.46%)	817,813		830,298
8.5% Senior Notes, due July 15, 2019 (effective interest rate of 4.00%)	778,367		806,125
2.375% Euro Medium Term Notes, due May 20, 2020 (effective rate of 2.42%)	528,250		526,436
6.875% Senior Notes, due April 15, 2021 (effective interest rate of 4.40%)	823,797		838,765
2.25% Euro Medium Term Notes, due July 13, 2022 (effective rate of 4.08%)	3,848		3,779
5.125% Senior Notes, due January 20, 2023 (effective interest rate of 4.55%)	618,355		620,890
6.45% Senior Debentures, due June 8, 2027 (effective interest rate of 5.46%)	377,806		379,711
3.875% Convertible Senior Debentures, due November 1, 2029 (effective interest rate of 3.50%) (1)	346,187		347,307
6.25% Senior Debentures, due January 15, 2036 (effective interest rate of 6.03%)	512,396		512,730
6.50% Senior Notes, due January 20, 2043 (effective interest rate of 6.09%)	421,333		421,656
Structured Notes (2) (3)	255,203		—
Total long-term debt	$	5,483,355	$	5,640,722

(1) The change in fair value of the conversion feature, which is included within Principal transaction revenues in the Consolidated Statements of Earnings, was not material for the years ended November 30, 2016 and 2015, and amounted to a gain of $8.9 million for the year ended November 30, 2014.

(2) Includes $248.9 million at fair value at November 30, 2016. A weighted average coupon rate is not meaningful, as substantially all of the structured notes are carried at fair value.

(3) Of the $255.2 million of structured notes at November 30, 2016, $6.3 million matures in 2018, $10.7 million matures in 2019, and the remaining $238.2 million matures in 2024 or thereafter.