Variable Interest Entities (Tables)
 6 Months Ended
May 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of VIEs
The following table presents information about our consolidated VIEs at May 31, 2022 and November 30, 2021 (in millions). The assets and liabilities in the tables below are presented prior to consolidation and thus a portion of these assets and liabilities are eliminated in consolidation.
May 31, 2022November 30, 2021
Secured Funding VehiclesOtherSecured Funding VehiclesOther
Cash$— $— $3.8 $— 
Financial instruments owned— 37.8 173.1 146.4 
Securities purchased under agreements to resell (1)2,172.6 — 3,697.1 — 
Receivables from brokers (2)— 30.5 — 40.6 
Other receivables668.2 — 0.6 — 
Other assets (3)117.4 — — — 
Total assets$2,958.2 $68.3 $3,874.6 $187.0 
Financial instruments sold, not yet purchased$— $6.9 $— $109.1 
Other secured financings (4)2,916.3 — 3,828.6 — 
Payables to broker dealers— — 44.2 — 
Other liabilities (5)3.5 60.6 1.8 75.3 
Total liabilities$2,919.8 $67.5 $3,874.6 $184.4 
(1)Securities purchased under agreements to resell primarily represent amounts due under collateralized transactions on related consolidated entities, which are eliminated in consolidation.
(2)Approximately $1.4 million and $1.2 million of receivables from brokers at May 31, 2022 and November 30, 2021, respectively, are with related consolidated entities, which are eliminated in consolidation.
(3)Approximately $63.5 million of the other assets at May 31, 2022 represent intercompany receivables with related consolidated entities, which are eliminated in consolidation.
(4)Approximately $252.6 million and $36.7 million of the other secured financings at May 31, 2022 and November 30, 2021, respectively, are with related consolidated entities and are eliminated in consolidation.
(5)Approximately $60.6 million and $75.3 million of the other liabilities amounts at May 31, 2022 and November 30, 2021, respectively, are with related consolidated entities, which are eliminated in consolidation.
The following tables present information about our variable interests in nonconsolidated VIEs (in millions):
May 31, 2022
Carrying AmountMaximum Exposure to LossVIE Assets
AssetsLiabilities
CLOs$367.6 $0.8 $2,731.9 $7,954.0 
Asset-backed vehicles472.8 — 579.1 4,871.8 
Related party private equity vehicles28.4 — 39.1 81.7 
Other investment vehicles1,354.8 — 1,455.8 13,766.7 
Total$2,223.6 $0.8 $4,805.9 $26,674.2 
November 30, 2021
Carrying AmountMaximum Exposure to LossVIE Assets
AssetsLiabilities
CLOs$582.2 $2.0 $2,557.1 $10,277.5 
Asset-backed vehicles281.9 — 359.3 3,474.6 
Related party private equity vehicles27.1 — 37.8 78.9 
Other investment vehicles907.6 — 908.5 12,536.8 
Total$1,798.8 $2.0 $3,862.7 $26,367.8