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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
May 31, 2024
May 31, 2023
May 31, 2024
May 31, 2023
Net sales $ 1,643.2 $ 1,659.2 $ 3,245.9 $ 3,224.7
Cost of goods sold 1,023.6 1,043.7 2,027.0 2,046.3
Gross profit 619.6 615.5 1,218.9 1,178.4
Selling, general and administrative expense 383.7 380.5 745.3 716.6
Special charges 1.8 13.2 6.0 41.0
Operating income 234.1 221.8 467.6 420.8
Interest expense 52.9 52.2 103.2 102.8
Other income, net 12.4 12.5 23.5 23.6
Income from consolidated operations before income taxes 193.6 182.1 387.9 341.6
Income tax expense 26.2 40.3 75.8 74.7
Net income from consolidated operations 167.4 141.8 312.1 266.9
Income from unconsolidated operations 16.8 10.3 38.1 24.3
Net income $ 184.2 $ 152.1 $ 350.2 $ 291.2
Earnings per share - basic (usd per share) $ 0.69 $ 0.57 $ 1.30 $ 1.09
Earnings per share - diluted (usd per share) $ 0.68 $ 0.56 $ 1.30 $ 1.08
Average shares outstanding - basic (shares) 268.6 268.4 268.5 268.3
Average shares outstanding - diluted (shares) 269.7 269.8 269.7 269.8
Common stock        
Cash dividends paid per common share (usd per share) $ 0.42 $ 0.39 $ 0.84 $ 0.78
Cash dividends declared per common share (usd per share) $ 0.42 $ 0.39 $ 0.42 $ 0.39