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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Feb. 28, 2022
Nov. 30, 2021
ASSETS    
Cash and cash equivalents (includes $11,575 and $3,765 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) $ 6,719,648 $ 8,813,564
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 838,092 1,015,107
Financial instruments owned, at fair value (includes securities pledged of $14,308,758 and $12,723,502 at February 28, 2022 and November 30, 2021, respectively; and $304,191 and $319,497 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 21,317,167 19,336,237
Loans to and investments in related parties 1,413,381 1,159,048
Securities borrowed 7,110,757 6,409,420
Securities purchased under agreements to resell ($18,016 and $0 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 6,557,213 7,642,484
Securities received as collateral, at fair value 973 7,289
Receivables:    
Brokers, dealers and clearing organizations ($52,637 and $39,435 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 5,095,243 4,896,704
Customers 1,896,488 1,615,822
Fees, interest and other ($742,926 and $679 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 1,190,860 474,304
Premises and equipment 877,097 860,742
Goodwill 1,645,960 1,645,317
Other assets ($88,007 and $0 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 1,236,519 892,862
Total assets 55,899,398 54,768,900
LIABILITIES AND EQUITY    
Short-term borrowings 467,853 221,863
Financial instruments sold, not yet purchased, at fair value ($17,987 and $109,088 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 14,682,727 11,690,795
Collateralized financings:    
Securities loaned 1,808,896 1,525,721
Securities sold under agreements to repurchase ($47,138 and $0 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 8,933,643 8,446,099
Other secured financings (includes $158,008 and $102,788 at fair value at February 28, 2022 and November 30, 2021, respectively; and $3,550,869 and $3,791,886 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 3,553,232 3,794,248
Obligation to return securities received as collateral, at fair value 973 7,289
Payables:    
Brokers, dealers and clearing organizations (includes $50,143 and $44,246 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 4,632,440 5,814,066
Customers 4,021,948 4,461,950
Lease liabilities 533,627 521,448
Accrued expenses and other liabilities (includes $2,909 and $1,787 at February 28, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 1,609,073 3,166,987
Long-term debt (includes $1,762,163 and $1,843,598 at fair value at February 28, 2022 and November 30, 2021, respectively) 7,887,975 8,039,826
Total liabilities 48,132,387 47,690,292
EQUITY    
Member’s paid-in capital 8,027,244 7,381,391
Accumulated other comprehensive income (loss):    
Currency translation and other adjustments (151,422) (151,661)
Changes in instrument-specific credit risk (112,238) (153,672)
Additional minimum pension liability (8,702) (8,843)
Available-for-sale securities 96 269
Total accumulated other comprehensive loss (272,266) (313,907)
Total Jefferies Group LLC member’s equity 7,754,978 7,067,484
Noncontrolling interests 12,033 11,124
Total equity 7,767,011 7,078,608
Total liabilities and equity $ 55,899,398 $ 54,768,900