XML 53 R35.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value Measurements (Tables)
12 Months Ended
Nov. 30, 2015
Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract]  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The change in fair value of our Level 3 liabilities for the year ended November 30, 2015 is summarized as follows (in millions):
 
Beginning of year
 
 Acquisition-date fair value
 
Settlements
 
Changes in fair value including accretion
 
Impact of foreign currency
 
Balance as of November 30, 2015
Contingent consideration related to acquisition
$

 
$
27.7

 
$

 
$
0.5

 
$
(1.1
)
 
$
27.1

Assets And Liabilities Measured At Fair Value On Recurring Basis
Our population of assets and liabilities subject to fair value measurements on a recurring basis at November 30, 2015 and 2014 are as follows:
 
 
Fair value measurements using fair
value hierarchy as of  November 30, 2015
(millions)
Fair value      
Level 1
Level 2
Level 3      
Assets
 
 
 
 
Cash and cash equivalents
$
112.6

$
112.6



Insurance contracts
104.1


$
104.1


Bonds and other long-term investments
8.5

8.5



Interest rate derivatives
2.5


2.5


Foreign currency derivatives
3.4


3.4


Total
$
231.1

$
121.1

$
110.0


Liabilities
 
 
 
 
Interest rate derivatives
$
0.6


$
0.6


Foreign currency derivatives
0.7


0.7


Contingent consideration related to acquisition
27.1



$
27.1

Total
$
28.4


$
1.3

$
27.1

 
 
Fair value measurements using fair
value hierarchy as of November 30, 2014
(millions)
Fair value      
Level 1
Level 2
Level 3      
Assets
 
 
 
 
Cash and cash equivalents
$
77.3

$
77.3



Insurance contracts
104.5


$
104.5


Bonds and other long-term investments
8.5

8.5



Interest rate derivatives
7.4


7.4


Foreign currency derivatives
4.9


4.9


Total
$
202.6

$
85.8

$
116.8


Liabilities
 
 
 
 
Foreign currency derivatives
$
1.4


$
1.4


Total
$
1.4


$
1.4