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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
May 31, 2020
Nov. 30, 2019
ASSETS    
Cash and cash equivalents ($616 and $1,154 at May 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) $ 5,251,869 $ 5,567,903
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 668,925 796,797
Financial instruments owned, at fair value (including securities pledged of $12,843,162 and $12,058,522 at May 31, 2020 and November 30, 2019, respectively; and $3,443 and $339 at May 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 18,124,883 16,363,374
Loans to and investments in related parties 909,781 944,509
Securities borrowed 6,457,035 7,624,642
Securities purchased under agreements to resell (includes $0 and $25,000 at fair value at May 31, 2020 and November 30, 2019, respectively) 4,284,062 4,299,598
Securities received as collateral, at fair value 9,909 9,500
Receivables:    
Brokers, dealers and clearing organizations ($17,783 and $0 at May 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 4,205,256 3,007,949
Customers 1,077,355 1,490,876
Fees, interest and other 334,897 323,067
Premises and equipment 862,060  
Premises and equipment   350,433
Goodwill 1,637,111 1,643,599
Other assets ($163 and $0 at May 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 1,261,274 1,093,868
Total assets 45,084,417 43,516,115
LIABILITIES AND EQUITY    
Short-term borrowings (includes $15,671 and $20,981 at fair value at May 31, 2020 and November 30, 2019, respectively) 656,855 548,490
Financial instruments sold, not yet purchased, at fair value ($5,296 and $0 at May 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 9,645,826 10,532,460
Collateralized financings:    
Securities loaned 1,941,468 1,525,140
Securities sold under agreements to repurchase 8,631,143 7,504,670
Other secured financings (includes $2,096,732 and $2,465,800 at May 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 2,098,134 2,467,819
Obligation to return securities received as collateral, at fair value 9,909 9,500
Payables:    
Brokers, dealers and clearing organizations 3,006,522 2,555,178
Customers 3,655,467 3,808,609
Lease liabilities 571,282  
Accrued expenses and other liabilities (includes $898 and $1,546 at May 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 1,760,781 1,431,144
Long-term debt (includes $1,245,486 and $1,215,285 at fair value at May 31, 2020 and November 30, 2019, respectively) 6,677,252 7,003,358
Total liabilities 38,654,639 37,386,368
EQUITY    
Member’s paid-in capital 6,481,740 6,329,677
Accumulated other comprehensive income (loss):    
Currency translation adjustments (216,993) (179,378)
Changes in instrument specific credit risk 152,845 (18,889)
Additional minimum pension liability (5,986) (6,079)
Available-for-sale securities 574 141
Total accumulated other comprehensive loss (69,560) (204,205)
Total Jefferies Group LLC member’s equity 6,412,180 6,125,472
Noncontrolling interests 17,598 4,275
Total equity 6,429,778 6,129,747
Total liabilities and equity $ 45,084,417 $ 43,516,115