Commitments, Contingencies and Guarantees (Tables)

12 Months Ended

Nov. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of Commitments and Contingencies

The following table summarizes our commitments at November 30, 2021 (in millions):

	Expected Maturity Date (fiscal years)
	2022		2023		2024 and 2025		2026 and 2027		2028 and Later		Maximum Payout
Equity commitments (1)	$	255.6	$	2.0	$	—	$	—	$	0.8	$	258.4
Loan commitments (1)	250.0		25.0		—		60.0		—		335.0
Underwriting commitments	167.0		—		—		—		—		167.0
Forward starting reverse repos (2)	7,682.3		—		—		—		—		7,682.3
Forward starting repos (2)	4,572.0		—		—		—		—		4,572.0
Other unfunded commitments (1)	25.0		571.3		5.4		—		—		601.7
Total commitments	$	12,951.9	$	598.3	$	5.4	$	60.0	$	0.8	$	13,616.4

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

(2)At November 30, 2021, $7.67 billion within forward starting securities purchased under agreements to resell and all of the forward starting securities sold under agreements to repurchase settled within three business days.

Schedule of Guarantees

The following table summarizes the notional amounts associated with our derivative contracts meeting the definition of a guarantee under U.S. GAAP at November 30, 2021 (in millions):

	Expected Maturity Date (Fiscal Years)
	2022		2023		2024 and 2025		2026 and 2027		2028 and Later		Notional/ Maximum Payout
Guarantee Type:
Derivative contracts—non-credit related	$	16,978.6	$	7,849.4	$	3,081.8	$	87.7	$	—	$	27,997.5
Written derivative contracts—credit related	—		—		17.8		—		—		17.8
Total derivative contracts	$	16,978.6	$	7,849.4	$	3,099.6	$	87.7	$	—	$	28,015.3