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Investments In Affiliates | 12 Months Ended
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Nov. 30, 2020
Investments In Affiliates [Abstract] |
Investments In Affiliates | INVESTMENTS IN AFFILIATES Summarized annual and year-end information from the financial statements of unconsolidated affiliates representing 100% of the businesses follows:
(millions) | 2020 | 2019 | 2018
Net sales | $ | 870.3 |  | $ | 863.0 |  | $ | 807.9 |
Gross profit | 318.0 |  | 316.2 |  | 290.5 |
Net income | 93.7 |  | 90.5 |  | 78.9 |
Current assets | $ | 421.7 |  | $ | 426.3 |  | $ | 342.1 |
Noncurrent assets | 126.2 |  | 134.0 |  | 129.9 |
Current liabilities | 192.3 |  | 223.8 |  | 172.1 |
Noncurrent liabilities | 12.2 |  | 9.2 |  | 10.0 |
Royalty income from unconsolidated affiliates was $19.5 million, $19.0 million and $18.5 million for 2020, 2019 and 2018, respectively. Our principal earnings from unconsolidated affiliates is from our 50% interest in McCormick de Mexico, S.A. de C.V. Profit from this joint venture represented 75% of income from unconsolidated operations in 2020, 72% in 2019 and 76% in 2018.

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- Definition Investments in affiliates [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. It reflects specified information about ownership, financial results from, and financial position in such entities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 + Details
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