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Business Segments (Tables) | 9 Months Ended
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Aug. 31, 2023
Segment Reporting [Abstract] |
Business segments |
| Consumer |  | Flavor Solutions |  | Total
|  |  | (in millions) |  |
Three months ended August 31, 2023 |  |  |  |  |
Net sales | $ | 937.1 |  |  | $ | 747.6 |  |  | $ | 1,684.7 |
Operating income excluding special charges | 173.3 |  |  | 77.8 |  |  | 251.1 |
Income from unconsolidated operations | 11.9 |  |  | 1.5 |  |  | 13.4 |
Three months ended August 31, 2022 |  |  |  |  |
Net sales | $ | 927.9 |  |  | $ | 667.7 |  |  | $ | 1,595.6 |
Operating income excluding special charges | 183.7 |  |  | 54.9 |  |  | 238.6 |
Income from unconsolidated operations | 6.6 |  |  | 0.9 |  |  | 7.5 |
Nine months ended August 31, 2023 |  |  |  |  |
Net sales | $ | 2,758.7 |  |  | $ | 2,150.7 |  |  | $ | 4,909.4 |
Operating income excluding special charges | 500.3 |  |  | 212.6 |  |  | 712.9 |
Income from unconsolidated operations | 36.5 |  |  | 1.2 |  |  | 37.7 |
Nine months ended August 31, 2022 |  |  |  |  |
Net sales | $ | 2,720.1 |  |  | $ | 1,934.7 |  |  | $ | 4,654.8 |
Operating income excluding special charges and transaction and integration expenses | 475.5 |  |  | 164.0 |  |  | 639.5 |
Income from unconsolidated operations | 23.4 |  |  | 3.8 |  |  | 27.2 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | A reconciliation of operating income excluding special charges and transaction and integration expenses, to operating income is as follows (in millions):
| Consumer |  | Flavor Solutions |  | Total
Three months ended August 31, 2023 |  |  |  |  |
Operating income excluding special charges | $ | 173.3 |  |  | $ | 77.8 |  |  | $ | 251.1 |
Less: Special charges | 2.2 |  |  | 3.9 |  |  | 6.1 |
Operating income | $ | 171.1 |  |  | $ | 73.9 |  |  | $ | 245.0 |
Three months ended August 31, 2022 |  |  |  |  |
Operating income excluding special charges | $ | 183.7 |  |  | $ | 54.9 |  |  | $ | 238.6 |
Less: Special charges | 1.8 |  |  | 1.6 |  |  | 3.4 |
Operating income | $ | 181.9 |  |  | $ | 53.3 |  |  | $ | 235.2 |
Nine months ended August 31, 2023 |  |  |  |  |
Operating income excluding special charges | $ | 500.3 |  |  | $ | 212.6 |  |  | $ | 712.9 |
Less: Special charges | 29.6 |  |  | 17.5 |  |  | 47.1 |
Operating income | $ | 470.7 |  |  | $ | 195.1 |  |  | $ | 665.8 |
Nine months ended August 31, 2022
Operating income excluding special charges and transaction and integration expenses | $ | 475.5 |  |  | $ | 164.0 |  |  | $ | 639.5 |
Less: Special charges | 16.1 |  |  | 21.9 |  |  | 38.0 |
Less: Transaction and integration expenses | — |  |  | 2.2 |  |  | 2.2 |
Operating income | $ | 459.4 |  |  | $ | 139.9 |  |  | $ | 599.3 |
Schedule of Disclosure on Geographic Areas | The following table sets forth our net sales, by geographic area, for the three and nine months ended August 31, 2023 and 2022 (in millions):
| Americas | EMEA | APAC |  | Total
Three months ended August 31, 2023 | $ | 1,203.3 |  | $ | 304.4 |  | $ | 177.0 |  |  | $ | 1,684.7 |
Three months ended August 31, 2022 | 1,141.7 |  | 262.9 |  | 191.0 |  |  | 1,595.6 |
Nine months ended August 31, 2023 | 3,475.8 |  | 899.0 |  | 534.6 |  |  | 4,909.4 |
Nine months ended August 31, 2022 | 3,266.8 |  | 841.2 |  | 546.8 |  |  | 4,654.8 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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