Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Feb. 28, 2023

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of accumulated other comprehensive income (loss)

The following table sets forth the components of accumulated other comprehensive loss, net of tax, where applicable (in millions):

	February 28, 2023		November 30, 2022
Foreign currency translation adjustment (1)	$	(356.3)	$	(405.3)
Unrealized gain on foreign currency exchange contracts	(0.4)		3.8
Unamortized value of settled interest rate swaps	(0.8)		(0.6)
Pension and other postretirement costs	(79.6)		(78.5)
Accumulated other comprehensive loss	$	(437.1)	$	(480.6)

Reclassification out of Accumulated Other Comprehensive Income

The following table sets forth the amounts reclassified from accumulated other comprehensive income (loss) and into consolidated net income (in millions):

	Three months ended				Affected Line Items in the Condensed Consolidated Income Statement
	February 28, 2023		February 28, 2022
(Gains)/losses on cash flow hedges:
Interest rate derivatives	$	(0.1)	$	(0.1)	Interest expense
Foreign exchange contracts	(1.2)		0.2		Cost of goods sold
Total before tax	(1.3)		0.1
Tax effect	0.3		—		Income tax expense
Net, after tax	$	(1.0)	$	0.1
Amortization of pension and postretirement benefit adjustments:
Amortization of net actuarial losses (1)	$	(0.4)	$	2.6	Other income, net
Total before tax	(0.4)		2.6
Tax effect	0.1		(0.6)		Income tax expense
Net, after tax	$	(0.3)	$	2.0

(1)This accumulated other comprehensive income (loss) component is included in the computation of total pension (income) and other postretirement benefits expense (refer to note 5 for additional details).