Document




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 11, 2019

McCormick & Company, Incorporated
(Exact name of registrant as specified in its charter)

Maryland
 
001-14920
 
52-0408290
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)

24 Schilling Road, Suite 1
Hunt Valley, Maryland
 
21031
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (410) 771-7301
__________________________________________________________________________________________
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨









Item 7.01. Regulation FD Disclosure.

Accounting Standards Updates

In the first quarter of 2019, the Company adopted the following accounting standards updates (“ASUs”):
 
 
ASU 2014-09: Revenue from Contracts with Customers (Topic 606) (the "Revenue Recognition ASU")
 
 
ASU 2017-07: Compensation  Retirement Benefits (Topic 715)  Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (the "Pension ASU")

The Company elected to adopt the Revenue Recognition ASU on a full retrospective basis. The Pension ASU is required to be adopted on a retrospective basis. As a result, the Company has recast its previously reported historical financial statements and related disclosures to reflect these changes.

For informational purposes only, the Company is furnishing certain unaudited financial information in the attached Exhibit 99.1 reflecting the impact of its adoption of these ASUs for the periods presented.

Item 9.01 Financial Statements and Exhibits.


(d) Exhibits

Exhibit Number
Description





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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
McCORMICK & COMPANY, INCORPORATED
 
 
 
Date: March 11, 2019
By:
 
/s/    Michael R. Smith      
 
 
 
Michael R. Smith
 
 
 
Executive Vice President & Chief Financial Officer






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