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Stock-Based Compensation (Tables)
12 Months Ended
Nov. 30, 2015
Share-based Compensation [Abstract]  
Summary Of RSU Activity
A summary of our RSU activity for the years ended November 30 follows:
(shares in thousands)
2015
2014
2013
  
Shares
Weighted-    
average    
price    
Shares
Weighted-
average
price
Shares
Weighted-
average
price
Beginning of year
239

$
67.60

161

$
60.86

192

$
49.65

Granted
135

76.06

180

71.15

89

71.60

Vested
(90
)
69.12

(93
)
62.57

(116
)
50.91

Forfeited
(14
)
73.22

(9
)
70.14

(4
)
59.25

Outstanding—end of year
270

$
71.03

239

$
67.60

161

$
60.86

Assumptions Of Stock Compensation Plans
These fair values were computed using the following range of assumptions for our various stock compensation plans for the years ended November 30:
 
2015
2014
2013
Risk-free interest rates
0.1 - 2.0%

0.1 - 2.7%

0.1 - 1.8%

Dividend yield
2.1
%
2.1
%
1.9
%
Expected volatility
18.8%

15.6 - 20.1%

14.5 - 20.6%

Expected lives
7.7 years

5.8 years

6.2 years

Summary Of Stock Option Activity
A summary of our stock option activity for the years ended November 30 follows:
(shares in millions)
2015
2014
2013
  
Shares
Weighted-    
average    
exercise    
price    
Shares
Weighted-
average
exercise
price
Shares
Weighted-
average
exercise
price
Beginning of year
4.8

$
54.17

4.6

$
47.73

5.1

$
40.06

Granted
0.8

76.32

1.1

71.12

0.9

71.60

Exercised
(0.7
)
45.22

(0.8
)
37.19

(1.3
)
34.11

Forfeited
(0.1
)
69.67

(0.1
)
67.22

(0.1
)
57.33

Outstanding—end of year
4.8

59.20

4.8

54.17

4.6

47.73

Exercisable—end of year
3.1

$
51.99

2.8

$
45.71

2.7

$
39.62

Summary Of Our Stock Options Outstanding And Exercisable
A summary of our stock options outstanding and exercisable at November 30, 2015 follows:
(shares in millions)
Options outstanding
Options exercisable
Range of
exercise price
Shares
Weighted-
average
remaining
life (yrs)
Weighted-
average
exercise
price
Shares
Weighted-
average
remaining
life (yrs)
Weighted-  
average  
exercise  
price  
$20.00 - $40.00
1.0

3.5
$
35.40

1.0

3.5
$
35.40

$40.01 - $60.00
1.3

5.8
50.80

1.2

5.8
50.42

$60.01 - $80.00
2.5

8.3
72.95

0.9

7.8
71.47

 
4.8

6.3
$
59.20

3.1

5.0
$
51.99

Schedule of Mid-term Incentive Plan Activity
A summary of the LTPP award activity for the years ended November 30 follows:
(shares in thousands)
2015
2014
2013
  
Shares
Weighted-    
average    
price    
Shares
Weighted-
average
price
Shares
Weighted-
average
price
Beginning of year
231

$
61.94

334

$
51.73

240

$
46.63

Granted
96

74.02

105

69.04

94

64.74

Vested
(65
)
48.78

(118
)
44.47



Performance adjustment
(56
)
64.74

(55
)
48.78



Forfeited
(14
)
70.92

(35
)
65.42



Outstanding—end of year
192

$
70.94

231

$
61.94

334

$
51.73