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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Aug. 31, 2022
Aug. 31, 2021
Net sales $ 1,595.6 $ 1,549.4 $ 4,654.8 $ 4,587.6
Cost of goods sold 1,028.9 949.8 3,004.7 2,795.9
Gross profit 566.7 599.6 1,650.1 1,791.7
Selling, general and administrative expense 328.1 327.3 1,010.6 1,005.2
Transaction and integration expenses 0.0 1.3 2.2 27.0
Special charges 3.4 5.8 38.0 20.6
Operating income 235.2 265.2 599.3 738.9
Interest expense 37.9 33.9 104.7 103.3
Other income, net 77.4 3.5 89.9 12.0
Income from consolidated operations before income taxes 274.7 234.8 584.5 647.6
Income tax expense 59.3 31.5 115.4 135.5
Net income from consolidated operations 215.4 203.3 469.1 512.1
Income from unconsolidated operations 7.5 9.1 27.2 45.8
Net income $ 222.9 $ 212.4 $ 496.3 $ 557.9
Earnings per share - basic (usd per share) $ 0.83 $ 0.79 $ 1.85 $ 2.09
Earnings per share - diluted (usd per share) $ 0.82 $ 0.79 $ 1.83 $ 2.07
Average shares outstanding - basic (shares) 268.3 267.4 268.1 267.2
Average shares outstanding - diluted (shares) 270.2 270.0 270.4 270.0
Common stock        
Cash dividends paid per common share (usd per share) $ 0.37 $ 0.34 $ 1.11 $ 1.02
Common Stock, Dividends, Per Share, Declared $ 0.37 $ 0.34 $ 0.74 $ 0.68