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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
May 31, 2019
Nov. 30, 2018
ASSETS    
Cash and cash equivalents ($1,129 and $1,096 at May 31, 2019 and November 30, 2018, respectively, related to consolidated VIEs) $ 4,213,201 $ 5,145,886
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 543,429 707,960
Financial instruments owned, at fair value (including securities pledged of $12,176,602 and $13,059,802 at May 31, 2019 and November 30, 2018, respectively; and $353 and $380 at May 31, 2019 and November 30, 2018, respectively, related to consolidated VIEs) 16,095,884 16,399,526
Loans to and investments in related parties 950,856 997,524
Securities borrowed 7,713,886 6,538,212
Securities purchased under agreements to resell (includes $25,000 and $0 at fair value at May 31, 2019 and November 30, 2018, respectively) 4,027,332 2,785,758
Receivables:    
Brokers, dealers and clearing organizations 3,895,056 3,218,984
Customers 1,788,170 2,017,090
Fees, interest and other 433,856 327,083
Premises and equipment 315,627 304,026
Goodwill 1,641,631 1,642,170
Other assets ($2 at both May 31, 2019 and November 30, 2018, related to consolidated VIEs) 1,198,653 1,084,554
Total assets 42,817,581 41,168,773
LIABILITIES AND EQUITY    
Short-term borrowings 510,435 387,492
Financial instruments sold, not yet purchased, at fair value 10,113,390 9,478,944
Collateralized financings:    
Securities loaned 2,327,805 1,838,688
Securities sold under agreements to repurchase 8,861,457 8,643,069
Other secured financings (includes $1,265,800 and $881,472 at May 31, 2019 and November 30, 2018, respectively, related to consolidated VIEs) 1,266,425 881,472
Payables:    
Brokers, dealers and clearing organizations 2,465,693 2,448,059
Customers 3,138,108 3,176,727
Accrued expenses and other liabilities ($1,148 and $642 at May 31, 2019 and November 30, 2018, respectively, related to consolidated VIEs) 1,295,231 1,585,635
Long-term debt (includes $819,509 and $686,170 at fair value at May 31, 2019 and November 30, 2018, respectively) 6,659,912 6,546,283
Total liabilities 36,638,456 34,986,369
EQUITY    
Member’s paid-in capital 6,354,613 6,376,662
Accumulated other comprehensive income (loss):    
Currency translation adjustments (192,034) (185,804)
Changes in instrument specific credit risk 14,916 (5,728)
Cash flow hedges 0 470
Additional minimum pension liability (4,716) (4,761)
Available-for-sale securities 33 (346)
Total accumulated other comprehensive loss (181,801) (196,169)
Total Jefferies Group LLC member’s equity 6,172,812 6,180,493
Noncontrolling interests 6,313 1,911
Total equity 6,179,125 6,182,404
Total liabilities and equity $ 42,817,581 $ 41,168,773