Commitments, Contingencies and Guarantees (Tables)

9 Months Ended

Aug. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

The following table summarizes our commitments at August 31, 2019 (in millions):

	Expected Maturity Date (fiscal years)
	2019		2020		2021   and   2022		2023   and   2024		2025   and   Later		Maximum Payout
Equity commitments (1)	$	—	$	123.5	$	—	$	—	$	11.5	$	135.0
Loan commitments (1)	—		250.0		54.1		12.0		—		316.1
Underwriting commitments	31.5		—		—		—		—		31.5
Forward starting reverse repos (2)	2,994.6		—		—		—		—		2,994.6
Forward starting repos (2)	4,082.9		—		—		—		—		4,082.9
Other unfunded commitments (1)	80.0		—		143.7		—		4.9		228.6
Total commitments	$	7,189.0	$	373.5	$	197.8	$	12.0	$	16.4	$	7,788.7

(1) Equity, loan and other unfunded commitments are presented by contractual maturity date. The amounts, however, are available on demand.

(2)

$2,991.6 million within forward starting securities purchased under agreements to resell and all of the securities sold under agreements to repurchase at August 31, 2019 settled within three business days.

Guarantees

The following table summarizes the notional amounts associated with our derivative contracts meeting the definition of a guarantee under U.S. GAAP at August 31, 2019 (in millions):

	Expected Maturity Date (Fiscal Years)
	2019		2020		2021   and   2022		2023   and   2024		2025   and   Later		Notional/ Maximum Payout
Guarantee Type:
Derivative contracts—non-credit related	$	7,075.0	$	4,115.5	$	4,627.6	$	3,612.0	$	320.6	$	19,750.7
Written derivative contracts—credit related	—		32.9		—		39.2		—		72.1
Total derivative contracts	$	7,075.0	$	4,148.4	$	4,627.6	$	3,651.2	$	320.6	$	19,822.8