Income Taxes (Tables)

12 Months Ended

Nov. 30, 2015

Income Tax Disclosure [Abstract]

Provision For Income Taxes

The provision for income taxes consists of the following:

(millions)	2015			2014		2013
Income taxes
Current
Federal	$	78.8		$	91.3	$	96.4
State	9.1			11.3		10.3
International	42.4			37.2		42.2
	130.3			139.8		148.9
Deferred
Federal	9.3			2.8		(0.1		)
State	0.4			0.3		(0.4		)
International	(8.7		)	3.0		(14.8		)
	1.0			6.1		(15.3		)
Total income taxes	$	131.3		$	145.9	$	133.6

Components Of Income From Consolidated Operations Before Income Taxes

The components of income from consolidated operations before income taxes follow:

(millions)	2015		2014		2013
Pretax income
United States	$	308.3	$	333.2	$	351.2
International	187.9		221.2		148.2
	$	496.2	$	554.4	$	499.4

Reconciliation Of The U.S. Federal Statutory Rate With The Effective Tax Rate

A reconciliation of the U.S. federal statutory rate with the effective tax rate follows:

	2015		2014		2013
Federal statutory tax rate	35.0	%	35.0	%	35.0	%
State income taxes, net of federal benefits	1.2		1.3		1.2
International tax at different effective rates	(7.6	)	(7.0	)	(6.9	)
U.S. tax on remitted and unremitted earnings	1.1		0.4		—
U.S. manufacturing deduction	(1.9	)	(1.6	)	(1.8	)
Changes in prior year tax contingencies	(2.1	)	(2.0	)	0.3
Other, net	0.8		0.2		(1.0	)
Total	26.5	%	26.3	%	26.8	%

Schedule Of Deferred Tax Assets And Liabilities

Deferred tax assets and liabilities are comprised of the following:

(millions)	2015			2014
Deferred tax assets
Employee benefit liabilities	$	148.4		$	145.0
Other accrued liabilities	24.5			23.9
Inventory	9.4			10.8
Tax loss and credit carryforwards	39.9			38.9
Other	12.3			11.7
Valuation allowance	(14.6		)	(21.8		)
	219.9			208.5
Deferred tax liabilities
Depreciation	41.8			38.8
Intangible assets	225.1			192.6
Other	6.8			8.7
	273.7			240.1
Net deferred tax liability	$	(53.8	)	$	(31.6	)

Activity Related To Our Gross Unrecognized Tax Benefits

The following table summarizes the activity related to our gross unrecognized tax benefits for the years ended November 30:

(millions)	2015			2014			2013
Balance at beginning of year	$	55.7		$	58.0		$	46.7
Additions for current year tax positions	8.9			11.4			10.3
Additions for prior year tax positions	3.2			0.7			2.2
Reductions for prior year tax positions	(0.8		)	(9.5		)	—
Settlements	(0.1		)	(3.5		)	—
Statute expirations	(8.1		)	(0.7		)	(0.1		)
Foreign currency translation	(2.3		)	(0.7		)	(1.1		)
Balance at November 30	$	56.5		$	55.7		$	58.0