CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands		Total		Member's paid-in capital	Accumulated other comprehensive income (loss)		Total Jefferies Group LLC member’s equity	Noncontrolling interests
Increase (Decrease) in Stockholders' Equity
Cumulative effect of the adoption of the new revenue standard, net of tax				$ 0
Balance, beginning of period at Nov. 30, 2016				5,538,103	$ (168,157)	[1],[2]		$ 651
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)				357,498				86
Distribution to Leucadia National Corporation				0
Tax Cuts and Jobs Act adjustment				0
Currency adjustments	[1],[2]				53,396
Changes in instrument specific credit risk	[1],[2],[3]				(21,394)
Cash flow hedges	[1],[2],[4]				(936)
Pension adjustments	[1],[2],[5]				312
Balance, end of period at Nov. 30, 2017		$ 5,759,559		5,895,601	(136,779)	[1],[2]	$ 5,758,822	737
Increase (Decrease) in Stockholders' Equity
Cumulative effect of the adoption of the new revenue standard, net of tax				(6,121)
Net earnings (loss)		(60,819)		(60,818)				(1)
Distribution to Leucadia National Corporation				(200,000)
Tax Cuts and Jobs Act adjustment				7,150
Currency adjustments		16,019	[6]		11,521	[1],[2]
Changes in instrument specific credit risk		(18,113)	[7]		(18,113)	[1],[2],[3]
Cash flow hedges		1,046	[8]		1,046	[1],[2],[4]
Pension adjustments	[1],[2],[5]				4,498
Balance, end of period at Feb. 28, 2018		$ 5,498,721		$ 5,635,812	$ (137,827)	[1],[2]	$ 5,497,985	$ 736

[1] The components of other comprehensive income (loss) are attributable to Jefferies Group LLC. None of the components of other comprehensive income (loss) are attributable to noncontrolling interests.

[2] There were no material reclassifications out of Accumulated other comprehensive income (loss) during the year ended November 30, 2017.

[3] The amount during the three months ended February 28, 2018 includes ($6.5) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[4] The amount during the three months ended February 28, 2018 includes $0.2 million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[5] The amount during the three months ended February 28, 2018 includes $5.3 million related to the transfer of the German Pension Plan, which was reclassified to earnings, and ($0.8) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[6] The amount during the three months ended February 28, 2018 includes $5.3 million related to the transfer of the German Pension Plan, which was reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings, and ($0.8) million related to the Tax Cuts and Jobs Act (the “Tax Act”), which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[7] The amount reflects income tax expense of approximately $1.9 million for the three months ended February 28, 2018 and income tax benefit of approximately $6.3 million for the three months ended February 28, 2017. The amount during the three months ended February 28, 2018 also includes ($6.5) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[8] The amount during the three months ended February 28, 2018 includes $0.2 million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.