CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Aug. 31, 2023	Nov. 30, 2022
ASSETS
Cash and cash equivalents	$ 154.7	$ 334.0
Trade accounts receivable, net of allowances	624.5	573.7
Inventories, net
Finished products	614.6	649.0
Raw materials and work-in-process	610.9	691.1
Total inventory	1,225.5	1,340.1
Prepaid expenses and other current assets	122.8	138.9
Total current assets	2,127.5	2,386.7
Property, plant and equipment, net	1,285.7	1,198.0
Goodwill	5,252.4	5,212.9
Intangible assets, net	3,364.4	3,387.9
Other long-term assets	960.1	939.4
Total assets	12,990.1	13,124.9
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings	387.0	1,236.7
Current portion of long-term debt	1,004.8	270.6
Trade accounts payable	1,099.9	1,171.0
Other accrued liabilities	679.3	754.1
Total current liabilities	3,171.0	3,432.4
Long-term debt	3,385.3	3,642.3
Deferred taxes	864.5	866.3
Other long-term liabilities	499.2	484.7
Total liabilities	7,920.0	8,425.7
Shareholders’ equity
Retained earnings	3,251.7	3,022.5
Accumulated other comprehensive loss	(393.9)	(480.6)
Total McCormick shareholders' equity	5,049.3	4,680.5
Non-controlling interests	20.8	18.7
Total shareholders’ equity	5,070.1	4,699.2
Total liabilities and shareholders’ equity	12,990.1	13,124.9
Common stock
Shareholders’ equity
Common stock	592.8	568.6
Common stock non-voting
Shareholders’ equity
Common stock	$ 1,598.7	$ 1,570.0