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Collateralized Transactions (Tables)
 12 Months Ended
Nov. 30, 2017
Banking and Thrift [Abstract]  
Schedule of Collateralized Financing Transactions
The following tables set forth the carrying value of securities lending arrangements, repurchase agreements and obligation to return securities received as collateral by class of collateral pledged (in thousands):
 
November 30, 2017
 
Securities Lending Arrangements
 
Repurchase Agreements
 
Obligation To Return Securities Received As Collateral
 
Total
Collateral Pledged:
 
 
 
 
 
 
 
Corporate equity securities
$
2,353,798

 
$
214,413

 
$
—

 
$
2,568,211

Corporate debt securities
470,908

 
2,336,702

 
—

 
2,807,610

Mortgage- and asset-backed securities
—

 
2,562,268

 
—

 
2,562,268

U.S. government and federal agency securities
19,205

 
11,792,534

 
—

 
11,811,739

Municipal securities
—

 
444,861

 
—

 
444,861

Sovereign obligations
—

 
2,023,530

 
103

 
2,023,633

Loans and other receivables
—

 
454,941

 
—

 
454,941

Total
$
2,843,911

 
$
19,829,249

 
$
103

 
$
22,673,263

 
November 30, 2016
 
Securities Lending Arrangements
 
Repurchase Agreements
 
Total
Collateral Pledged:
 
 
 
 
 
Corporate equity securities
$
2,046,243

 
$
66,291

 
$
2,112,534

Corporate debt securities
731,276

 
1,907,888

 
2,639,164

Mortgage- and asset-backed securities
—

 
2,171,480

 
2,171,480

U.S. government and federal agency securities
41,613

 
9,232,624

 
9,274,237

Municipal securities
—

 
553,010

 
553,010

Sovereign obligations
—

 
2,625,079

 
2,625,079

Loans and other receivables
—

 
455,960

 
455,960

Total
$
2,819,132

 
$
17,012,332

 
$
19,831,464

The following tables set forth the carrying value of securities lending arrangements, repurchase agreements and obligation to return securities received as collateral by remaining contractual maturity (in thousands):
 
November 30, 2017
 
Overnight and Continuous
 
Up to 30 Days
 
31-90 Days
 
Greater than 90 Days
 
Total
Securities lending arrangements
$
1,676,940

 
$
—

 
$
741,971

 
$
425,000

 
$
2,843,911

Repurchase agreements
10,780,474

 
4,058,228

 
3,211,464

 
1,779,083

 
19,829,249

Obligation to return securities received as collateral
103

 
—

 
—

—

—

 
103

Total
$
12,457,517

 
$
4,058,228

 
$
3,953,435

 
$
2,204,083

 
$
22,673,263


 
November 30, 2016
 
Overnight and Continuous
 
Up to 30 Days
 
31-90 Days
 
Greater than 90 Days
 
Total
Securities lending arrangements
$
2,131,891

 
$
39,673

 
$
104,516

 
$
543,052

 
$
2,819,132

Repurchase agreements
9,147,176

 
2,008,119

 
3,809,533

 
2,047,504

 
17,012,332

Total
$
11,279,067

 
$
2,047,792

 
$
3,914,049

 
$
2,590,556

 
$
19,831,464
Offsetting Assets
The following tables provide information regarding repurchase agreements, securities borrowing and lending arrangements and securities received as collateral and obligation to return securities received as collateral that are recognized in our Consolidated Statements of Financial Condition and 1) the extent to which, under enforceable master netting arrangements, such balances are presented net in our Consolidated Statements of Financial Condition as appropriate under U.S. GAAP and 2) the extent to which other rights of setoff associated with these arrangements exist and could have an effect on our financial position (in thousands).
 
November 30, 2017
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (3)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
7,721,803

 
$
—

 
$
7,721,803

 
$
(966,712
)
 
$
(1,032,629
)
 
$
5,722,462

Reverse repurchase agreements
14,858,297

 
(11,168,738
)
 
3,689,559

 
(463,973
)
 
(3,207,147
)
 
18,439

Securities received as collateral
103

 
—

 
103

 
—

 
(103
)
 
—

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,843,911

 
$
—

 
$
2,843,911

 
$
(966,712
)
 
$
(1,795,408
)
 
$
81,791

Repurchase agreements
19,829,249

 
(11,168,738
)
 
8,660,511

 
(463,973
)
 
(7,067,512
)
 
1,129,026

Obligation to return securities received as collateral
103

 
—

 
103

 
—

 
(103
)
 
—

 
November 30, 2016
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (4)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
7,743,562

 
$
—

 
$
7,743,562

 
$
(710,611
)
 
$
(647,290
)
 
$
6,385,661

Reverse repurchase agreements
14,083,144

 
(10,220,656
)
 
3,862,488

 
(176,275
)
 
(3,591,654
)
 
94,559

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,819,132

 
$
—

 
$
2,819,132

 
$
(710,611
)
 
$
(2,064,299
)
 
$
44,222

Repurchase agreements
17,012,332

 
(10,220,656
)
 
6,791,676

 
(176,275
)
 
(5,780,909
)
 
834,492

(1)
Under master netting agreements with our counterparties, we have the legal right of offset with a counterparty, which incorporates all of the counterparty’s outstanding rights and obligations under the arrangement. These balances reflect additional credit risk mitigation that is available by counterparty in the event of a counterparty’s default, but which are not netted in the balance sheet because other netting provisions of U.S. GAAP are not met.
(2)
Includes securities received or paid under collateral arrangements with counterparties that could be liquidated in the event of a counterparty default and thus offset against a counterparty’s rights and obligations under the respective repurchase agreements or securities borrowing or lending arrangements.
(3)
Amounts include $5,678.6 million of securities borrowing arrangements, for which we have received securities collateral of $5,516.7 million, and $1,084.4 million of repurchase agreements, for which we have pledged securities collateral of $1,115.9 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.
(4)
Amounts include $6,337.5 million of securities borrowing arrangements, for which we have received securities collateral of $6,146.0 million, and $810.4 million of repurchase agreements, for which we have pledged securities collateral of $834.2 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.
Offsetting Liabilities
The following tables provide information regarding repurchase agreements, securities borrowing and lending arrangements and securities received as collateral and obligation to return securities received as collateral that are recognized in our Consolidated Statements of Financial Condition and 1) the extent to which, under enforceable master netting arrangements, such balances are presented net in our Consolidated Statements of Financial Condition as appropriate under U.S. GAAP and 2) the extent to which other rights of setoff associated with these arrangements exist and could have an effect on our financial position (in thousands).
 
November 30, 2017
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (3)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
7,721,803

 
$
—

 
$
7,721,803

 
$
(966,712
)
 
$
(1,032,629
)
 
$
5,722,462

Reverse repurchase agreements
14,858,297

 
(11,168,738
)
 
3,689,559

 
(463,973
)
 
(3,207,147
)
 
18,439

Securities received as collateral
103

 
—

 
103

 
—

 
(103
)
 
—

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,843,911

 
$
—

 
$
2,843,911

 
$
(966,712
)
 
$
(1,795,408
)
 
$
81,791

Repurchase agreements
19,829,249

 
(11,168,738
)
 
8,660,511

 
(463,973
)
 
(7,067,512
)
 
1,129,026

Obligation to return securities received as collateral
103

 
—

 
103

 
—

 
(103
)
 
—

 
November 30, 2016
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (4)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
7,743,562

 
$
—

 
$
7,743,562

 
$
(710,611
)
 
$
(647,290
)
 
$
6,385,661

Reverse repurchase agreements
14,083,144

 
(10,220,656
)
 
3,862,488

 
(176,275
)
 
(3,591,654
)
 
94,559

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,819,132

 
$
—

 
$
2,819,132

 
$
(710,611
)
 
$
(2,064,299
)
 
$
44,222

Repurchase agreements
17,012,332

 
(10,220,656
)
 
6,791,676

 
(176,275
)
 
(5,780,909
)
 
834,492

(1)
Under master netting agreements with our counterparties, we have the legal right of offset with a counterparty, which incorporates all of the counterparty’s outstanding rights and obligations under the arrangement. These balances reflect additional credit risk mitigation that is available by counterparty in the event of a counterparty’s default, but which are not netted in the balance sheet because other netting provisions of U.S. GAAP are not met.
(2)
Includes securities received or paid under collateral arrangements with counterparties that could be liquidated in the event of a counterparty default and thus offset against a counterparty’s rights and obligations under the respective repurchase agreements or securities borrowing or lending arrangements.
(3)
Amounts include $5,678.6 million of securities borrowing arrangements, for which we have received securities collateral of $5,516.7 million, and $1,084.4 million of repurchase agreements, for which we have pledged securities collateral of $1,115.9 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.
(4)
Amounts include $6,337.5 million of securities borrowing arrangements, for which we have received securities collateral of $6,146.0 million, and $810.4 million of repurchase agreements, for which we have pledged securities collateral of $834.2 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.