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Stock-Based Compensation (Tables) | 9 Months Ended
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Aug. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Stock Based Compensation in Selling, General and Administrative Expense | The following table sets forth the stock-based compensation expense recorded in selling, general and administrative (SG&A) expense (in millions):
| Three months ended August 31, |  | Nine months ended August 31,
| 2019 |  | 2018 |  | 2019 |  | 2018
Stock-based compensation expense | $ | 7.8 |  |  | $ | 5.5 |  |  | $ | 30.6 |  |  | $ | 21.6 |
Summary of Option Activity | The following is a summary of our stock option activity for the nine months ended August 31, 2019 and 2018:
| 2019 |  | 2018
(shares in millions) | Number of Shares |  | Weighted- Average Exercise Price |  | Number of Shares |  | Weighted- Average Exercise Price
Outstanding at beginning of period | 3.6 |  |  | $ | 82.60 |  |  | 4.8 |  |  | $ | 71.91 |
Granted | 0.3 |  |  | 147.39 |  |  | 0.4 |  |  | 105.95 |
Exercised | (1.2 | ) |  | 70.78 |  |  | (0.9 | ) |  | 51.82 |
Outstanding at end of the period | 2.7 |  |  | $ | 95.50 |  |  | 4.3 |  |  | $ | 79.31 |
Exercisable at end of the period | 2.0 |  |  | $ | 86.08 |  |  | 3.4 |  |  | $ | 73.52 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
| 2019 |  | 2018
Risk-free interest rates | 2.2 - 2.5% |  | 1.7 - 2.9%
Dividend yield | 1.5% |  | 2.0%
Expected volatility | 17.4% |  | 18.4%
Expected lives (in years) | 7.5 |  | 7.6
Schedule of Share-based Compensation, Restricted Stock Units Award Activity | The following is a summary of our RSU activity for the nine months ended August 31, 2019 and 2018:
| 2019 |  | 2018
(shares in thousands) | Number of Shares |  | Weighted- Average Grant-Date Fair Value |  | Number of Shares |  | Weighted- Average Grant-Date Fair Value
Outstanding at beginning of period | 423 |  |  | $ | 103.05 |  |  | 267 |  |  | $ | 86.47 |
Granted | 129 |  |  | 143.15 |  |  | 201 |  |  | 101.17 |
Vested | (134 | ) |  | 96.74 |  |  | (117 | ) |  | 88.35 |
Forfeited | (9 | ) |  | 112.10 |  |  | (6 | ) |  | 95.68 |
Outstanding at end of period | 409 |  |  | $ | 117.51 |  |  | 345 |  |  | $ | 94.21 |
Schedule of Share Based Compensation, Performance Shares, Activity | The following is a summary of our LTPP activity for the nine months ended August 31, 2019 and 2018:
| 2019 |  | 2018
(shares in thousands) | Number of Shares |  | Weighted- Average Grant-Date Fair Value |  | Number of Shares |  | Weighted- Average Grant-Date Fair Value
Outstanding at beginning of period | 218 |  |  | $ | 83.55 |  |  | 220 |  |  | $ | 84.31 |
Granted | 102 |  |  | 150.51 |  |  | 86 |  |  | 101.90 |
Vested | (57 | ) |  | 86.40 |  |  | (59 | ) |  | 74.02 |
Forfeited | — |  |  | — |  |  | (2 | ) |  | 96.74 |
Outstanding at end of period | 263 |  |  | $ | 117.14 |  |  | 245 |  |  | $ | 92.87 |

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- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
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