Supplemental Financial Statement Data

12 Months Ended

Nov. 30, 2021

Supplemental Financial Statement Data [Abstract]

Supplemental Financial Statement Data

SUPPLEMENTAL FINANCIAL STATEMENT DATA

Supplemental consolidated information with respect to our income statement, balance sheet and cash flow follow:

For the year ended November 30 (millions)	2021		2020		2019
Other income, net
Pension and other postretirement benefit income	$	6.4	10.0		17.7
Interest income	9.3		7.8		10.1
Other	1.6		(0.2)		(1.1)
	$	17.3	$	17.6	$	26.7

At November 30 (millions)	2021		2020
Trade accounts receivable allowance for doubtful accounts	$	5.2	$	5.2
Inventories
Finished products	$	556.2	$	499.3
Raw materials and work-in-process	626.1		533.3
	$	1,182.3	$	1,032.6
Prepaid expenses	$	41.7	$	38.0
Other current assets	70.6		60.9
	$	112.3	$	98.9
Property, plant and equipment
Land and improvements	$	95.1	$	87.2
Buildings (including finance leases)	694.7		698.2
Machinery, equipment and other	1,200.5		1,102.9
Construction-in-progress	211.9		125.5
Accumulated depreciation	(1,061.9)		(985.4)
	$	1,140.3	$	1,028.4
Other long-term assets
Investments in affiliates	$	164.0	$	193.0
Long-term investments	137.3		129.9
Right of use asset	136.8		136.8
Software, net of accumulated amortization of $248.5 for 2021 and $281.8 for 2020	141.1		116.0
Other	202.2		176.3
	$	781.4	$	752.0
Other accrued liabilities
Payroll and employee benefits	$	229.4	$	260.7
Sales allowances	189.3		183.3
Dividends payable	99.0		90.7
Other	332.5		328.9
	$	850.2	$	863.6
Other long-term liabilities
Pension	$	179.4	$	286.1
Postretirement benefits	60.8		66.2
Operating lease liability	106.1		103.5
Unrecognized tax benefits	31.0		46.0
Other	113.6		120.4
	$	490.9	$	622.2

 

For the year ended November 30 (millions)	2021		2020		2019
Depreciation	$	124.6	$	121.1	$	113.6
Software amortization	12.6		12.4		13.7
Interest paid	135.7		134.1		169.8
Income taxes paid	179.3		183.3		137.2

Dividends paid per share were $1.36 in 2021, $1.24 in 2020 and $1.14 in 2019. Dividends declared per share were $1.39 in 2021, $1.27 in 2020, and $1.17 in 2019.