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Business Segments (Tables) | 6 Months Ended
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May 31, 2024
Segment Reporting [Abstract] |
Business segments |
| Consumer |  | Flavor Solutions |  | Total
|  |  | (in millions) |  |
Three months ended May 31, 2024 |  |  |  |  |
Net sales | $ | 904.5 |  |  | $ | 738.7 |  |  | $ | 1,643.2 |
Operating income excluding special charges | 149.3 |  |  | 86.6 |  |  | 235.9 |
Income from unconsolidated operations | 16.1 |  |  | 0.7 |  |  | 16.8 |
Three months ended May 31, 2023 |  |  |  |  |
Net sales | $ | 912.1 |  |  | $ | 747.1 |  |  | $ | 1,659.2 |
Operating income excluding special charges | 153.6 |  |  | 81.4 |  |  | 235.0 |
Income from unconsolidated operations | 10.8 |  |  | (0.5) |  |  | 10.3 |
Six months ended May 31, 2024 |  |  |  |  |
Net sales | $ | 1,826.0 |  |  | $ | 1,419.9 |  |  | $ | 3,245.9 |
Operating income excluding special charges | 325.6 |  |  | 148.0 |  |  | 473.6 |
Income from unconsolidated operations | 37.6 |  |  | 0.5 |  |  | 38.1 |
Six months ended May 31, 2023 |  |  |  |  |
Net sales | $ | 1,821.6 |  |  | $ | 1,403.1 |  |  | $ | 3,224.7 |
Operating income excluding special charges | 327.0 |  |  | 134.8 |  |  | 461.8 |
Income from unconsolidated operations | 24.6 |  |  | (0.3) |  |  | 24.3 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | A reconciliation of operating income excluding special charges to operating income is as follows (in millions):
| Consumer |  | Flavor Solutions |  | Total
Three months ended May 31, 2024 |  |  |  |  |
Operating income excluding special charges | $ | 149.3 |  |  | $ | 86.6 |  |  | $ | 235.9 |
Less: Special charges | 1.5 |  |  | 0.3 |  |  | 1.8 |
Operating income | $ | 147.8 |  |  | $ | 86.3 |  |  | $ | 234.1 |
Three months ended May 31, 2023 |  |  |  |  |
Operating income excluding special charges | $ | 153.6 |  |  | $ | 81.4 |  |  | $ | 235.0 |
Less: Special charges | 8.4 |  |  | 4.8 |  |  | 13.2 |
Operating income | $ | 145.2 |  |  | $ | 76.6 |  |  | $ | 221.8 |
Six months ended May 31, 2024 |  |  |  |  |
Operating income excluding special charges | $ | 325.6 |  |  | $ | 148.0 |  |  | $ | 473.6 |
Less: Special charges | 3.3 |  |  | 2.7 |  |  | 6.0 |
Operating income | $ | 322.3 |  |  | $ | 145.3 |  |  | $ | 467.6 |
Six months ended May 31, 2023
Operating income excluding special charges | $ | 327.0 |  |  | $ | 134.8 |  |  | $ | 461.8 |
Less: Special charges | 27.4 |  |  | 13.6 |  |  | 41.0 |
Operating income | $ | 299.6 |  |  | $ | 121.2 |  |  | $ | 420.8 |
Schedule of Disclosure on Geographic Areas | The following table sets forth our net sales, by geographic area, for the six months ended May 31, 2024 and May 31, 2023 (in millions):
| Americas | EMEA | APAC |  | Total
Three months ended May 31, 2024 | $ | 1,166.4 |  | $ | 307.3 |  | $ | 169.5 |  |  | $ | 1,643.2 |
Three months ended May 31, 2023 | 1,177.9 |  | 310.6 |  | 170.7 |  |  | 1,659.2 |
Six months ended May 31, 2024 | 2,283.5 |  | 614.0 |  | 348.4 |  |  | 3,245.9 |
Six months ended May 31, 2023 | 2,272.5 |  | 594.6 |  | 357.6 |  |  | 3,224.7 |

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