CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Feb. 28, 2023	Nov. 30, 2022
ASSETS
Cash and cash equivalents	$ 356.8	$ 334.0
Trade accounts receivable, net of allowances	571.0	573.7
Inventories, net
Finished products	650.2	649.0
Raw materials and work-in-process	694.4	691.1
Total inventory	1,344.6	1,340.1
Prepaid expenses and other current assets	138.9	138.9
Total current assets	2,411.3	2,386.7
Property, plant and equipment, net	1,225.2	1,198.0
Goodwill	5,229.7	5,212.9
Intangible assets, net	3,381.7	3,387.9
Other long-term assets	957.5	939.4
Total assets	13,205.4	13,124.9
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	1,304.8	1,236.7
Current portion of long-term debt	281.2	270.6
Trade accounts payable	1,124.3	1,171.0
Other accrued liabilities	610.7	754.1
Total current liabilities	3,321.0	3,432.4
Long-term debt	3,619.8	3,642.3
Deferred taxes	866.7	866.3
Other long-term liabilities	510.2	484.7
Total liabilities	8,317.7	8,425.7
Shareholders’ equity
Retained earnings	3,155.1	3,022.5
Accumulated other comprehensive loss	(437.1)	(480.6)
Total McCormick shareholders' equity	4,870.1	4,680.5
Non-controlling interests	17.6	18.7
Total shareholders’ equity	4,887.7	4,699.2
Total liabilities and shareholders’ equity	13,205.4	13,124.9
Common stock
Shareholders’ equity
Common stock	574.5	568.6
Common stock non-voting
Shareholders’ equity
Common stock	$ 1,577.6	$ 1,570.0