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MCCORMICK & CO   FYE=11 (November)

Annual - Income Statement - Company Specific

Fiscal period2023202220212020201920182017201620152014
Period End Date11/30/202311/30/202211/30/202111/30/202011/30/201911/30/201811/30/201711/30/201611/30/201511/30/2014
Net Sales6,662.206,350.506,317.905,601.305,347.405,408.904,834.104,411.504,296.304,243.20
Total Revenues6,662.206,350.506,317.905,601.305,347.405,408.904,834.104,411.504,296.304,243.20
Cost of goods sold4,159.704,076.003,823.303,300.903,202.103,037.302,823.902,579.802,559.002,513.00
Gross Profit2,502.502,274.502,494.602,300.402,145.302,371.602,010.201,831.701,737.301,730.20
Selling, general and administrative expense1,478.301,357.101,404.101,281.601,166.801,429.501,244.801,175.001,127.401,122.00
Restructuring charges (credits)--------------------
Impairment charge--------------------
Special charges(61.20)(51.60)(46.40)(6.90)(20.80)(16.30)(22.20)(15.70)(61.50)(5.20)
Loss on voluntary pension settlement----------------0.000.00
Transaction and integration expenses0.00(2.20)(29.00)(12.40)0.00(22.50)(40.80)------
Operating Income (Loss)963.00863.601,015.10999.50957.70903.30702.40641.00548.40603.00
Interest expense208.20149.10136.60135.60165.20174.6095.7056.0053.3049.70
Other debt costs--------0.000.0015.40------
Other income (loss) net43.9098.3017.3017.6026.7012.603.504.201.101.10
Income (loss) before income taxes798.70812.80895.80881.50819.20741.30594.80589.20496.20554.40
Current: Federal82.4062.8071.7098.3052.3092.9067.10127.7078.8091.30
Current-State15.1014.8014.0014.8010.7011.006.2015.109.1011.30
Deferred:Federal(2.20)37.1023.504.6026.40(340.30)23.80(29.60)9.302.80
Income taxes174.50168.60192.70174.90157.40(157.30)151.30153.00131.30145.90
Deferred: State2.70(3.20)16.800.503.601.500.90(2.40)0.400.30
Deferred: International(5.90)(12.10)(4.30)(16.30)(9.10)(1.10)(0.60)(8.00)(8.70)3.00
Current:International82.4069.2071.0073.0073.5078.7053.9050.2042.4037.20
Minority interest--------------------
Income from unconsolidated operations--------------------
Net income (loss) from continuing operations----703.10----------364.90--
Gain on sale of discontinued operations--------------------
Net income (loss) from discontinued operations--------------------
NET INCOME BEFORE CUMULATIVE EFFECT OF ACCOUNTING CHANGE--------------------
Cumulative effect of an accounting change, net of income taxes--------------------
Net income from consolidated operations624.20644.20--706.60661.80898.60443.50436.20--408.50
Minority interest--------------------
Income from unconsolidated operations(56.40)(37.80)(52.20)(40.80)(40.90)(34.80)(33.90)(36.10)(36.70)(29.40)
Gain (Loss) on sale of unconsolidated operations--------------------
Net Income (loss) Available to Common Shareholders680.60682.00755.30747.40702.70933.40477.40472.30401.60437.90
Net income from continuing operations--------------------
EPS (Basic) : Gain on sale of discontinued operations--------------------
Net income from discontinued operations--------------------
Cumulative effect of accounting change--------2.65----------
Net Earnings Per Share (Basic)2.542.542.832.802.653.551.891.871.571.69
Net income from continuing operations--------------------
EPS (Diluted) : Gain on sale of discontinued operations--------------------
Net income from discontinued operations--------------------
Cumulative effect of accounting change--------------------
Net Earnings Per Share (Diluted)2.522.522.802.782.623.501.861.851.561.67
Weighted Average Shares Outstanding (Basic)268.40268.20267.30266.50265.20263.00253.60253.20256.00259.80
Weighted Average Shares Outstanding (Diluted)269.80270.20269.90269.10268.20266.40256.80256.00258.40262.00