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			$ (6,121)
Balance, beginning of period at Nov. 30, 2017			5,895,601	$ (136,779)		$ 737
Increase (Decrease) in Stockholders' Equity
Net earnings	$ 37,189		37,186			3
Distribution to Jefferies Financial Group Inc.			(218,593)
Tax Cuts and Jobs Act adjustment			7,555
Currency adjustments and other	(45,169)	[1]		(45,169)
Changes in instrument specific credit risk	7,904	[2]		7,904
Cash flow hedges	1,297	[3]		1,297
Unrealized gain on available-for-sale securities	0	[4]		0
Contributions						10
Distributions						0
Balance, end of period at May. 31, 2018	5,543,631		5,715,628	(172,747)	$ 5,542,881	750
Increase (Decrease) in Stockholders' Equity
Cumulative effect of the adoption of the new revenue standard, net of tax			0
Balance, beginning of period at Feb. 28, 2018			5,635,812	(137,827)		736
Increase (Decrease) in Stockholders' Equity
Net earnings	98,008		98,004			4
Distribution to Jefferies Financial Group Inc.			(18,593)
Tax Cuts and Jobs Act adjustment			405
Currency adjustments and other	(61,188)	[1]		(61,188)
Changes in instrument specific credit risk	26,017	[2]		26,017
Cash flow hedges	251	[3]		251
Unrealized gain on available-for-sale securities	0	[4]		0
Contributions						10
Distributions						0
Balance, end of period at May. 31, 2018	5,543,631		5,715,628	(172,747)	5,542,881	750
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, 2018			6,376,662	(196,169)		1,911
Increase (Decrease) in Stockholders' Equity
Net earnings	156,184		155,901			283
Distribution to Jefferies Financial Group Inc.			(177,950)
Tax Cuts and Jobs Act adjustment			0
Currency adjustments and other	(6,185)	[1]		(6,185)
Changes in instrument specific credit risk	20,644	[2]		20,644
Cash flow hedges	(470)	[3]		(470)
Unrealized gain on available-for-sale securities	379	[4]		379
Contributions						6,600
Distributions						(2,481)
Balance, end of period at May. 31, 2019	6,179,125		6,354,613	(181,801)	6,172,812	6,313
Increase (Decrease) in Stockholders' Equity
Cumulative effect of the adoption of the new revenue standard, net of tax			0
Balance, beginning of period at Feb. 28, 2019			6,299,653	(148,385)		5,914
Increase (Decrease) in Stockholders' Equity
Net earnings	109,819		109,920			(101)
Distribution to Jefferies Financial Group Inc.			(54,960)
Tax Cuts and Jobs Act adjustment			0
Currency adjustments and other	(36,245)	[1]		(36,245)
Changes in instrument specific credit risk	2,815	[2]		2,815
Cash flow hedges	(219)	[3]		(219)
Unrealized gain on available-for-sale securities	233	[4]		233
Contributions						2,000
Distributions						(1,500)
Balance, end of period at May. 31, 2019	$ 6,179,125		$ 6,354,613	$ (181,801)	$ 6,172,812	$ 6,313

[1] The amounts during the three and six months ended May 31, 2019 include income tax benefits of $9.1 million and $1.7 million, respectively, related to the impact of certain discrete items related to tax planning for our non-U.S. subsidiaries in connection with the Tax Cuts and Jobs Act (the “Tax Act”). The amount during the six months ended May 31, 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 Act, which was reclassified to Member’s paid-in capital. The amounts during the three and six months ended May 31, 2018 include a gain of $20.5 million related to foreign currency gains, which was reclassified to Other revenues within the Consolidated Statements of Earnings.

[2] The amounts include income tax expenses of approximately $1.0 million and $7.0 million for the three and six months ended May 31, 2019, respectively, and income tax expenses of approximately $8.8 million and $10.7 million for the three and six months ended May 31, 2018, respectively. The amounts during the three and six months ended May 31, 2019 also include gains of $0.2 million and $0.5 million, respectively, net of taxes of $0.1 million and $0.2 million, respectively, related to changes in instrument specific risk, which was reclassified to Principal transactions revenues within the Consolidated Statements of Earnings. The amounts during the three and six months ended May 31, 2018 also include a gain of $0.3 million related to changes in instrument specific risk, which was reclassified to Principal transactions revenues within the Consolidated Statements of Earnings. The amount during the six months ended May 31, 2018 includes ($6.5) million related to the Tax Act, which was reclassified to Member’s paid-in capital.

[3] The amounts during the three and six months ended May 31, 2019 include income tax benefits of $0.1 million and $0.2 million, respectively. The cash flow hedge losses of $0.2 million and $0.5 million, respectively, were reclassified to Other revenues within the Consolidated Statement of Earnings due to the sale of all of our common shares of Epic Gas Ltd. (“Epic Gas”). Refer to Note 9, Investments for further information. The amounts during the three and six months ended May 31, 2018 include income tax expenses of $0.1 million and $0.7 million, respectively. The income tax expense during the six months ended May 31, 2018 includes ($0.2) million related to the Tax Act, which was reclassified to Member’s paid-in capital.

[4] The amounts during the three and six months ended May 31, 2019 include income tax expenses of approximately $0.1 million and $0.2 million, respectively.