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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Nov. 30, 2020
Nov. 30, 2019
ASSETS    
Cash and cash equivalents (includes $468 and $1,154 at November 30, 2020 and 2019, respectively, related to consolidated VIEs) $ 7,111,929 $ 5,567,903
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 604,321 796,797
Financial instruments owned, at fair value (includes securities pledged of $13,065,585 and $12,058,522 at November 30, 2020 and 2019, respectively; and $5,238 and $339 at November 30, 2020 and 2019, respectively, related to consolidated VIEs) 17,686,052 16,363,374
Investment in subsidiaries 1,000,730 944,509
Securities borrowed 6,934,762 7,624,642
Securities purchased under agreements to resell (includes $0 and $25,000 at fair value at November 30, 2020 and 2019, respectively) 5,096,769 4,299,598
Securities received as collateral 7,517 9,500
Receivables:    
Brokers, dealers and clearing organizations ($12,919 and $0 at November 30, 2020 and 2019, respectively, related to consolidated VIEs) 4,158,823 3,007,949
Customers 1,286,925 1,490,876
Fees, interest and other 397,630 323,067
Premises and equipment 847,127 350,433
Goodwill 1,646,933 1,643,599
Other assets ($131 and $0 at November 30, 2020 and 2019, respectively, related to consolidated VIEs) 972,479 1,093,868
Total assets 47,751,997 43,516,115
LIABILITIES AND EQUITY    
Short-term borrowings (includes $5,067 and $20,981 at fair value at November 30, 2020 and 2019, respectively) 764,715 548,490
Financial instruments sold, not yet purchased, at fair value 10,017,522 10,532,460
Collateralized financings:    
Securities loaned 1,810,748 1,525,140
Securities sold under agreements to repurchase 8,316,269 7,504,670
Other secured financings (includes $1,543 at fair value at November 30, 2020; and $2,769,674 and $2,465,800 at November 30, 2020 and 2019, respectively, related to consolidated VIEs) 2,771,217 2,467,819
Obligation to return securities received as collateral, at fair value 7,517 9,500
Payables:    
Brokers, dealers and clearing organizations 3,325,753 2,555,178
Customers 4,251,556 3,808,609
Lease liabilities 561,249  
Accrued expenses and other liabilities (includes $1,202 and $1,546 at November 30, 2020 and 2019, respectively, related to consolidated VIEs) 2,663,639 1,431,144
Long-term debt (includes $1,712,245 and $1,215,285 at fair value at November 30, 2020 and 2019, respectively) 6,895,680 7,003,358
Total liabilities 41,385,865 37,386,368
EQUITY    
Member’s paid-in capital 6,569,328 6,329,677
Accumulated other comprehensive income (loss):    
Currency translation and other adjustments (141,843) (179,378)
Changes in instrument specific credit risk (71,151) (18,889)
Additional minimum pension liability (8,104) (6,079)
Available-for-sale securities 513 141
Total accumulated other comprehensive loss (220,585) (204,205)
Total Jefferies Group LLC member’s equity 6,348,743 6,125,472
Noncontrolling interests 17,389 4,275
Total equity 6,366,132 6,129,747
Total liabilities and equity $ 47,751,997 $ 43,516,115