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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Aug. 31, 2020
Nov. 30, 2019
ASSETS    
Cash and cash equivalents (includes $629 and $1,154 at August 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) $ 6,749,706 $ 5,567,903
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 986,117 796,797
Financial instruments owned, at fair value (includes securities pledged of $12,793,080 and $12,058,522 at August 31, 2020 and November 30, 2019, respectively; and $3,573 and $339 at August 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 17,555,720 16,363,374
Loans to and investments in related parties 892,987 944,509
Securities borrowed 7,268,413 7,624,642
Securities purchased under agreements to resell (includes $0 and $25,000 at fair value at August 31, 2020 and November 30, 2019, respectively) 5,327,391 4,299,598
Securities received as collateral, at fair value 4,413 9,500
Receivables:    
Brokers, dealers and clearing organizations ($13,502 and $0 at August 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 2,748,993 3,007,949
Customers 956,821 1,490,876
Fees, interest and other 350,261 323,067
Premises and equipment 863,522  
Premises and equipment   350,433
Goodwill 1,644,044 1,643,599
Other assets ($150 and $0 at August 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 1,312,060 1,093,868
Total assets 46,660,448 43,516,115
LIABILITIES AND EQUITY    
Short-term borrowings (includes $21,829 and $20,981 at fair value at August 31, 2020 and November 30, 2019, respectively) 805,381 548,490
Financial instruments sold, not yet purchased, at fair value ($2,094 and $0 at August 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 10,994,445 10,532,460
Collateralized financings:    
Securities loaned 1,929,737 1,525,140
Securities sold under agreements to repurchase 7,258,972 7,504,670
Other secured financings (includes $3,402 at fair value at August 31, 2020; and $2,788,316 and $2,465,800 at August 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 2,791,718 2,467,819
Obligation to return securities received as collateral, at fair value 4,413 9,500
Payables:    
Brokers, dealers and clearing organizations 2,546,494 2,555,178
Customers 3,936,811 3,808,609
Lease liabilities 573,563  
Accrued expenses and other liabilities (includes $1,493 and $1,546 at August 31, 2020 and November 30, 2019, respectively, related to consolidated VIEs) 2,326,026 1,431,144
Long-term debt (includes $1,522,105 and $1,215,285 at fair value at August 31, 2020 and November 30, 2019, respectively) 6,988,434 7,003,358
Total liabilities 40,155,994 37,386,368
EQUITY    
Member’s paid-in capital 6,615,771 6,329,677
Accumulated other comprehensive income (loss):    
Currency translation adjustments (142,080) (179,378)
Changes in instrument specific credit risk 19,586 (18,889)
Additional minimum pension liability (5,939) (6,079)
Available-for-sale securities 552 141
Total accumulated other comprehensive loss (127,881) (204,205)
Total Jefferies Group LLC member’s equity 6,487,890 6,125,472
Noncontrolling interests 16,564 4,275
Total equity 6,504,454 6,129,747
Total liabilities and equity $ 46,660,448 $ 43,516,115