CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total		Member’s paid-in capital	Member’s paid-in capital Cumulative effect, period of adoption, adjustment	Accumulated other comprehensive income (loss), net of tax	Total Jefferies Group LLC member’s equity	Noncontrolling interests
Balance, beginning of period at Nov. 30, 2017			$ 5,895,601	$ (6,121)	$ (136,779)		$ 737
Stockholders' Equity
Net earnings (loss)	$ 159,017		158,761				256
Contribution from Jefferies Financial Group Inc.			600,247		(1,998)
Distribution to Jefferies Financial Group Inc.			(279,381)
Tax Act adjustment			7,555
Currency translation and other adjustments	(85,554)	[1]			(85,554)
Changes in instrument specific credit risk	22,160	[2]			22,160
Cash flow hedges	1,406	[3]			1,406
Pension adjustments	4,285	[4]			4,285
Unrealized gain on available-for-sale securities	311	[5]			311
Contributions							10
Distributions							(7,408)
Consolidation of asset management entity							8,316
Balance, end of period at Nov. 30, 2018	6,182,404		6,376,662	0	(196,169)	$ 6,180,493	1,911
Stockholders' Equity
Net earnings (loss)	244,385		246,029				(1,644)
Contribution from Jefferies Financial Group Inc.			0		0
Distribution to Jefferies Financial Group Inc.			(293,014)
Tax Act adjustment			0
Currency translation and other adjustments	6,426	[1]			6,426
Changes in instrument specific credit risk	(13,161)	[2]			(13,161)
Cash flow hedges	(470)	[3]			(470)
Pension adjustments	(1,318)	[4]			(1,318)
Unrealized gain on available-for-sale securities	487	[5]			487
Contributions							6,600
Distributions							(2,592)
Consolidation of asset management entity							0
Balance, end of period at Nov. 30, 2019	6,129,747		6,329,677	$ 0	(204,205)	6,125,472	4,275
Stockholders' Equity
Net earnings (loss)	874,706		879,303				(4,597)
Contribution from Jefferies Financial Group Inc.			0		0
Distribution to Jefferies Financial Group Inc.			(639,652)
Tax Act adjustment			0
Currency translation and other adjustments	37,535	[1]			37,535
Changes in instrument specific credit risk	(52,262)	[2]			(52,262)
Cash flow hedges					0
Pension adjustments	(2,025)	[4]			(2,025)
Unrealized gain on available-for-sale securities	372	[5]			372
Contributions							19,405
Distributions							(1,694)
Consolidation of asset management entity							0
Balance, end of period at Nov. 30, 2020	$ 6,366,132		$ 6,569,328		$ (220,585)	$ 6,348,743	$ 17,389

[1] The amounts include income tax benefits (expenses) of approximately $(11.9) million, $(3.2) million and $8.9 million during the years ended November 30, 2020, 2019 and 2018, respectively. The amount during the year ended November 30, 2018 also includes 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 benefits (expenses) of approximately $16.4 million, $4.5 million, and $(15.5) million for the years ended November 30, 2020, 2019 and 2018, respectively. The amounts for the years ended November 30, 2020, 2019 and 2018 includes a net gain (loss) of $(0.4) million, $0.4 million and $0.9 million, respectively, net of tax benefits (expenses) of $0.1 million, $(0.2) million and $(0.3) million, respectively, related to changes in instrument specific risk, which were reclassified to Principal transactions revenues within the Consolidated Statements of Earnings. The amount during the year ended November 30, 2018 also includes $(6.5) million related to the Tax Cuts and Jobs Act (the “Tax Act”), which was reclassified to Member’s paid-in capital.

[3] The amounts include income tax benefits (expenses) of approximately $0.2 million, and $(0.8) million for the years ended November 30, 2019 and 2018, respectively. The cash flow hedge loss of $0.5 million during the year ended November 30, 2019 was reclassified to Other revenues within the Consolidated Statement of Earnings. The amount during the year ended November 30, 2018 also includes $(0.2) million related to the Tax Act, which was reclassified to Member’s paid-in capital.

[4] The amounts include income tax benefits (expenses) of $0.7 million, $0.5 million and $(0.7) million for the years ended November 30, 2020, 2019 and 2018, respectively. The amount during the year ended November 30, 2020 includes pension net gains of $0.5 million, net of tax of $0.2 million, which were reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings. The amounts during the years ended November 30, 2019 and 2018 includes pension net gains (losses) of $0.1 million and $(0.3) million, respectively, net of negligible tax benefits (expenses), which were reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings. The amount during the year ended November 30, 2018 also 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.

[5] The amounts for the years ended November 30, 2020, 2019 and 2018 include income tax expenses of approximately $0.1 million and $0.2 million and $0.1 million, respectively.