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Stock-Based Compensation (Tables) | 3 Months Ended
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Feb. 29, 2024
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 |  |  |  |
| February 29, 2024 |  | February 28, 2023 |  |  |  |
Stock-based compensation expense | $ | 11.7 |  |  | $ | 11.8 |  |  |  |  |
Summary of Option Activity | The following is a summary of our stock option activity for the three months ended February 29, 2024 and February 28, 2023:
| 2024 |  | 2023
(shares in millions) | Number of Shares |  | Weighted- Average Exercise Price |  | Number of Shares |  | Weighted- Average Exercise Price
Outstanding at beginning of period | 5.3 |  |  | $ | 70.43 |  |  | 4.8 |  |  | $ | 67.08 |
Granted | 0.4 |  |  | 65.99 |  |  | — |  |  | — |
Exercised | (0.1) |  |  | 37.74 |  |  | (0.1) |  |  | 49.50 |
Outstanding at end of the period | 5.6 |  |  | $ | 70.54 |  |  | 4.7 |  |  | $ | 67.32 |
Exercisable at end of the period | 3.9 |  |  | $ | 65.36 |  |  | 3.5 |  |  | $ | 58.79 |
Schedule of Share-based Compensation, Restricted Stock Units Award Activity | The following is a summary of our RSU activity for the three months ended February 29, 2024 and February 28, 2023:
| 2024 |  | 2023
(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 | 494 |  |  | $ | 76.94 |  |  | 480 |  |  | $ | 77.62 |
Vested | (3) |  |  | 92.74 |  |  | (26) |  |  | 52.48 |
Forfeited | (9) |  |  | 83.59 |  |  | (7) |  |  | 88.35 |
Outstanding at end of period | 482 |  |  | $ | 76.71 |  |  | 447 |  |  | $ | 78.89 |
Schedule of Share Based Compensation, Performance Shares, Activity | The following is a summary of our LTPP activity for the three months ended February 29, 2024 and February 28, 2023:
| 2024 |  | 2023
(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 | 474 |  |  | $ | 94.34 |  |  | 451 |  |  | $ | 106.32 |
Granted | 192 |  |  | 66.49 |  |  | 167 |  |  | 89.00 |
Vested | (181) |  |  | 98.30 |  |  | (176) |  |  | 86.14 |
Forfeited | (10) |  |  | 91.65 |  |  | (11) |  |  | 94.58 |
Outstanding at end of period | 475 |  |  | $ | 81.53 |  |  | 431 |  |  | $ | 93.64 |
Price Vested Stock Options |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Share-based Payment Arrangement, Activity | The following is a summary of our price-vested stock options activity for the three months ended February 29, 2024 and February 28, 2023:
| 2024 |  | 2023
(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 | 2,055 |  |  | $ | 9.40 |  |  | 2,107 |  |  | $ | 9.40 |
Forfeited | — |  |  | — |  |  | (39) |  |  | 9.40 |
Outstanding at end of period | 2,055 |  |  | $ | 9.40 |  |  | 2,068 |  |  | $ | 9.40 |

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