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Income Taxes (Tables)
 12 Months Ended
Nov. 30, 2016
Income Tax Disclosure [Abstract]  
Provision For Income Taxes
The provision for income taxes consists of the following:
(millions)
2016
2015
2014
Income taxes
 
 
 
Current
 
 
 
Federal
$
127.7

$
78.8

$
91.3

State
15.1

9.1

11.3

International
50.2

42.4

37.2

 
193.0

130.3

139.8

Deferred
 
 
 
Federal
(29.6
)
9.3

2.8

State
(2.4
)
0.4

0.3

International
(8.0
)
(8.7
)
3.0

 
(40.0
)
1.0

6.1

Total income taxes
$
153.0

$
131.3

$
145.9
Components Of Income From Consolidated Operations Before Income Taxes
The components of income from consolidated operations before income taxes follow:
(millions)
2016
2015
2014
Pretax income
 
 
 
United States
$
383.3

$
308.3

$
333.2

International
205.9

187.9

221.2

 
$
589.2

$
496.2

$
554.4
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:
 
2016
2015
2014
Federal statutory tax rate
35.0
 %
35.0
 %
35.0
 %
State income taxes, net of federal benefits
1.4

1.2

1.3

International tax at different effective rates
(6.7
)
(7.6
)
(7.0
)
U.S. tax on remitted and unremitted earnings
0.4

1.1

0.4

U.S. manufacturing deduction
(2.2
)
(1.9
)
(1.6
)
Changes in prior year tax contingencies
(1.8
)
(2.1
)
(2.0
)
Other, net
(0.1
)
0.8

0.2

Total
26.0
 %
26.5
 %
26.3
 %
Schedule Of Deferred Tax Assets And Liabilities
Deferred tax assets and liabilities are comprised of the following:
(millions)
2016
2015
Deferred tax assets
 
 
Employee benefit liabilities
$
184.5

$
148.4

Other accrued liabilities
42.2

27.8

Inventory
5.5

6.1

Tax loss and credit carryforwards
39.3

39.9

Other
15.1

12.3

Valuation allowance
(10.5
)
(14.6
)
 
276.1

219.9

Deferred tax liabilities
 
 
Depreciation
38.1

41.8

Intangible assets
262.5

225.1

Other
6.1

6.8

 
306.7

273.7

Net deferred tax liability
$
(30.6
)
$
(53.8
)
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)
2016
2015
2014
Balance at beginning of year
$
56.5

$
55.7

$
58.0

Additions for current year tax positions
10.3

8.9

11.4

Additions for prior year tax positions
2.4

3.2

0.7

Reductions for prior year tax positions
—

(0.8
)
(9.5
)
Settlements
—

(0.1
)
(3.5
)
Statute expirations
(10.0
)
(8.1
)
(0.7
)
Foreign currency translation
(0.9
)
(2.3
)
(0.7
)
Balance at November 30
$
58.3

$
56.5

$
55.7