Fair Value Measurements (Tables)

12 Months Ended

Nov. 30, 2023

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured At Fair Value On Recurring Basis

Our population of assets and liabilities subject to fair value measurements on a recurring basis are as follows:

			Fair value measurements using fair value hierarchy as of  November 30, 2023
(millions)	Fair value		Level 1		Level 2
Assets:
Cash and cash equivalents	$	166.6	$	166.6	$	—
Insurance contracts	114.7		—		114.7
Bonds and other long-term investments	0.3		0.3		—
Foreign currency derivatives	2.5		—		2.5
Cross currency contracts	24.6		—		24.6
Total	$	308.7	$	166.9	$	141.8
Liabilities:
Interest rate derivatives	$	52.8	$	—	$	52.8
Foreign currency derivatives	16.0		—		16.0
Cross currency contracts	7.5		—		7.5
Total	$	76.3	$	—	$	76.3

			Fair value measurements using fair value hierarchy as of  November 30, 2022
(millions)	Fair value		Level 1		Level 2
Assets:
Cash and cash equivalents	$	334.0	$	334.0	$	—
Insurance contracts	110.0		—		110.0
Bonds and other long-term investments	5.1		5.1		—
Foreign currency derivatives	11.0		—		11.0
Cross currency contracts	44.5		—		44.5
Total	$	504.6	$	339.1	$	165.5
Liabilities:
Interest rate derivatives	$	42.4	$	—	$	42.4
Foreign currency derivatives	1.5		—		1.5
Cross currency contracts	8.3		—		8.3
Total	$	52.2	$	—	$	52.2

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The carrying amount and fair value of long-term debt, including the current portion, as of November 30 were as follows:

(millions)	2023				2022
	Carrying amount		Fair value		Carrying amount		Fair value
Long-term debt (including current portion)	$	4,139.2	$	3,841.0	$	3,912.9	$	3,600.9
Level 1 valuation techniques			3,682.0				3,424.8
Level 2 valuation techniques			159.0				176.1