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Schedule I (PARENT COMPANY ONLY) - CONDENSED STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Nov. 30, 2017
Cash flows from operating activities:      
Net earnings $ 246,029 $ 158,761 $ 357,498
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Amortization 40,942 15,250 1,977
(Income) loss on loans to and investments in related parties (85,169) (73,662) (109,395)
Distributions received on investments in related parties 144,320 62,949 21,038
Other adjustments 61,915 (127,698) 44,043
Net change in assets and liabilities:      
Financial instruments owned 35,908 (1,194,791) (119,087)
Other assets (41,844) 31,699 8,435
Financial instruments sold, not yet purchased 1,051,600 311,998 (279,282)
Accrued expenses and other liabilities (126,684) (224,157) 524,304
Net cash provided by (used in) operating activities (1,220,149) 126,064 539,946
Cash flows from investing activities:      
Cash received from contingent consideration 0 0 1,342
Net cash provided by (used in) investing activities (124,370) (121,629) 9,136
Cash flows from financing activities:      
Proceeds from short-term borrowings 1,732,232 1,083,416 274,230
Payments on short-term borrowings (1,597,773) (1,137,599) (369,992)
Proceeds from issuance of long-term debt, net of issuance costs 1,239,891 1,367,243 1,116,798
Repayment of long-term debt (823,875) (1,035,700) (186,444)
Distributions to Jefferies Financial Group Inc. (311,131) (248,684) 0
Net cash provided by financing activities 1,856,267 190,932 795,474
Net increase in cash, cash equivalents and restricted cash 510,685 176,251 1,356,263
Cash, cash equivalents and restricted cash at beginning of period 5,819,027 5,642,776 4,286,513
Cash, cash equivalents and restricted cash at end of period 6,329,712 5,819,027 5,642,776
Cash paid during the period for:      
Interest 1,480,559 1,287,162 1,025,576
Income taxes, net 84,119 196,553 8,910
Parent Company      
Cash flows from operating activities:      
Net earnings 246,029 158,761 357,498
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Amortization (38,812) (53,296) (61,634)
Undistributed earnings of subsidiaries (242,558) (200,275) (304,520)
(Income) loss on loans to and investments in related parties (21,946) (98,223) (90,724)
Distributions received on investments in related parties 75,000 40,000 0
Other adjustments 60,106 (116,307) 39,513
Net change in assets and liabilities:      
Financial instruments owned 26,755 (25,604) 90,399
Other assets 154,940 119,293 (29,031)
Financial instruments sold, not yet purchased 1,510 (17,264) 10,776
Accrued expenses and other liabilities (51,821) (200,970) 324,446
Net cash provided by (used in) operating activities 209,203 (393,885) 336,723
Cash flows from investing activities:      
Investments in, advances to and subordinated notes receivable from subsidiaries (1,035,619) (473,436) (415,100)
Loans to and investments in related parties 0 0 (73,915)
Cash received from contingent consideration 0 0 1,342
Net cash provided by (used in) investing activities (1,035,619) (473,436) (487,673)
Cash flows from financing activities:      
Proceeds from short-term borrowings 20,236 70,482 55,652
Payments on short-term borrowings (55,773) (140,664) (32,326)
Proceeds from issuance of long-term debt, net of issuance costs 1,184,891 1,183,954 1,116,798
Repayment of long-term debt (823,875) (1,035,700) (186,444)
Distributions to Jefferies Financial Group Inc. (311,131) (248,684) 0
Net cash provided by financing activities 14,348 (170,612) 953,680
Net increase in cash, cash equivalents and restricted cash (812,068) (1,037,933) 802,730
Cash, cash equivalents and restricted cash at beginning of period 979,420 2,017,353 1,214,623
Cash, cash equivalents and restricted cash at end of period 167,352 979,420 2,017,353
Cash paid during the period for:      
Interest 291,298 385,410 332,135
Income taxes, net $ 73,151 $ 186,236 $ 2,494