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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Nov. 30, 2021
Nov. 30, 2020
ASSETS    
Cash and cash equivalents (includes $3,765 and $468 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) $ 8,813,564 $ 7,111,929
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 1,015,107 604,321
Financial instruments owned, at fair value (includes securities pledged of $12,723,502 and $13,065,585 at November 30, 2021 and 2020, respectively; and $319,497 and $5,238 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) 19,336,237 17,686,052
Loans to and investments in related parties 1,159,048 1,000,730
Securities borrowed 6,409,420 6,934,762
Securities purchased under agreements to resell 7,642,484 5,096,769
Securities received as collateral 7,289 7,517
Receivables:    
Brokers, dealers and clearing organizations ($39,435 and $12,919 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) 4,896,704 4,158,823
Customers 1,615,822 1,286,925
Fees, interest and other ($679 and $0 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) 474,304 397,630
Premises and equipment 860,742 847,127
Goodwill 1,645,317 1,646,933
Other assets ($0 and $131 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) 892,862 972,479
Total assets 54,768,900 47,751,997
LIABILITIES AND EQUITY    
Short-term borrowings (includes $0 and $5,067 at fair value at November 30, 2021 and 2020, respectively) 221,863 764,715
Financial instruments sold, not yet purchased, at fair value 11,690,795 10,017,522
Collateralized financings:    
Securities loaned 1,525,721 1,810,748
Securities sold under agreements to repurchase 8,446,099 8,316,269
Other secured financings (includes $102,788 and $1,543 at fair value at November 30, 2021 and 2020, respectively; and $3,791,886 and $2,769,674 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) 3,794,248 2,771,217
Obligation to return securities received as collateral, at fair value 7,289 7,517
Payables:    
Brokers, dealers and clearing organizations (includes $44,246 and $0 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) 5,814,066 3,325,753
Customers 4,461,950 4,251,556
Lease liabilities 521,448 561,249
Accrued expenses and other liabilities (includes $1,787 and $1,202 at November 30, 2021 and 2020, respectively, related to consolidated VIEs) 3,166,987 2,663,639
Long-term debt (includes $1,843,598 and $1,712,245 at fair value at November 30, 2021 and 2020, respectively) 8,039,826 6,895,680
Total liabilities 47,690,292 41,385,865
EQUITY    
Member’s paid-in capital 7,381,391 6,569,328
Accumulated other comprehensive income (loss):    
Currency translation and other adjustments (151,661) (141,843)
Changes in instrument specific credit risk (153,672) (71,151)
Additional minimum pension liability (8,843) (8,104)
Available-for-sale securities 269 513
Total accumulated other comprehensive loss (313,907) (220,585)
Total Jefferies Group LLC member’s equity 7,067,484 6,348,743
Noncontrolling interests 11,124 17,389
Total equity 7,078,608 6,366,132
Total liabilities and equity $ 54,768,900 $ 47,751,997