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Stock-Based Compensation (Tables)
12 Months Ended
Nov. 30, 2019
Share-based Compensation [Abstract]  
Summary Of RSU Activity
A summary of our RSU activity for the years ended November 30 follows:
(shares in thousands)
2019
2018
2017
  
Shares
Weighted-    
average    
price    
Shares
Weighted-
average
price
Shares
Weighted-
average
price
Beginning of year
423

$
103.05

267

$
86.47

267

$
80.08

Granted
129

143.23

278

112.72

131

94.63

Vested
(159
)
104.15

(113
)
88.15

(118
)
80.62

Forfeited
(12
)
113.55

(9
)
96.53

(13
)
90.85

Outstanding—end of year
381

$
115.89

423

$
103.05

267

$
86.47


Assumptions Of Stock Compensation Plans These fair values were computed using the following range of assumptions for the years ended November 30:
 
2019
2018
2017
Risk-free interest rates
2.2 - 2.5%

1.7 - 2.9%

0.9 - 2.4%

Dividend yield
1.5
%
2.0
%
1.9
%
Expected volatility
17.4
%
18.4%

18.7%

Expected lives
7.5 years

7.6 years

7.6 years


Summary Of Stock Option Activity
A summary of our stock option activity for the years ended November 30 follows:
(shares in millions)
2019
2018
2017
  
Shares
Weighted-    
average    
exercise    
price    
Shares
Weighted-
average
exercise
price
Shares
Weighted-
average
exercise
price
Beginning of year
3.6

$
82.60

4.8

$
71.91

4.9

$
66.00

Granted
0.3

147.39

0.4

105.95

0.6

98.07

Exercised
(1.3
)
71.08

(1.6
)
55.28

(0.7
)
50.63

Outstanding—end of year
2.6

96.18

3.6

82.60

4.8

71.91

Exercisable—end of year
1.9

$
86.61

2.8

$
76.54

3.8

$
65.34


Summary Of Our Stock Options Outstanding And Exercisable A summary of our stock options outstanding and exercisable at November 30, 2019 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  
$38.00 - $79.00
0.9

4.4
$
71.40

0.9

4.4
$
71.40

$79.01 - $103.00
1.0

6.8
99.04

0.9

6.7
99.22

$103.01 - $149.00
0.7

8.8
125.75

0.1

8.3
106.65

 
2.6

6.5
$
96.18

1.9

5.7
$
86.61


Schedule of Long-term Performance Plan Activity
A summary of the LTPP award activity for the years ended November 30 follows:
(shares in thousands)
2019
2018
2017
  
Shares
Weighted-    
average    
price    
Shares
Weighted-
average
price
Shares
Weighted-
average
price
Beginning of year
218

$
83.55

220

$
84.31

201

$
78.10

Granted
68

150.51

86

101.90

78

89.96

Vested
(57
)
86.40

(60
)
74.02

(43
)
69.04

Performance adjustment
(33
)
89.96

(26
)
86.40

(16
)
74.02

Forfeited


(2
)
97.41



Outstanding—end of year
196

$
115.96

218

$
83.55

220

$
84.31