CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	May 31, 2022	Nov. 30, 2021
ASSETS
Cash and cash equivalents	$ 325.8	$ 351.7
Trade accounts receivable, net of allowances	493.1	549.5
Inventories, net
Finished products	630.9	556.2
Raw materials and work-in-process	713.7	626.1
Total inventory	1,344.6	1,182.3
Prepaid expenses and other current assets	161.2	112.3
Total current assets	2,324.7	2,195.8
Property, plant and equipment, net	1,136.1	1,140.3
Goodwill	5,300.2	5,335.8
Intangible assets, net	3,419.7	3,452.5
Other long-term assets	777.2	781.4
Total assets	12,957.9	12,905.8
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	667.0	539.1
Current portion of long-term debt	770.8	770.3
Trade accounts payable	1,126.4	1,064.2
Other accrued liabilities	568.8	850.2
Total current liabilities	3,133.0	3,223.8
Long-term debt	3,920.3	3,973.3
Deferred taxes	811.0	792.3
Other long-term liabilities	478.5	490.9
Total liabilities	8,342.8	8,480.3
Shareholders’ Equity
Retained earnings	2,933.6	2,782.4
Accumulated other comprehensive loss	(454.6)	(426.5)
Total McCormick shareholders' equity	4,598.2	4,411.0
Non-controlling interests	16.9	14.5
Total shareholders’ equity	4,615.1	4,425.5
Total liabilities and shareholders’ equity	12,957.9	12,905.8
Common stock
Shareholders’ Equity
Common stock	558.0	530.0
Common stock non-voting
Shareholders’ Equity
Common stock	$ 1,561.2	$ 1,525.1