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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
May 31, 2022
Nov. 30, 2021
ASSETS    
Cash and cash equivalents (includes $34 and $3,765 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) $ 6,955,031 $ 8,813,564
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 962,590 1,015,107
Financial instruments owned, at fair value (includes securities pledged of $16,398,557 and $12,723,502 at May 31, 2022 and November 30, 2021, respectively; and $37,780 and $319,497 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 19,950,875 19,336,237
Loans to and investments in related parties 1,428,322 1,159,048
Securities borrowed 6,312,320 6,409,420
Securities purchased under agreements to resell 4,744,979 7,642,484
Securities received as collateral, at fair value 1,322 7,289
Receivables:    
Brokers, dealers and clearing organizations ($29,075 and $39,435 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 5,934,193 4,896,704
Customers 2,093,436 1,615,822
Fees, interest and other (includes receivables pledged of $111,126 and $0 at May 31, 2022 and November 30, 2021, respectively, and $668,156 and $679 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 1,183,224 474,304
Premises and equipment 858,359 860,742
Goodwill 1,639,977 1,645,317
Other assets ($53,872 and $0 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 1,091,702 892,862
Total assets 53,156,330 54,768,900
LIABILITIES AND EQUITY    
Short-term borrowings 354,181 221,863
Financial instruments sold, not yet purchased, at fair value ($6,872 and $109,088 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 13,614,475 11,690,795
Collateralized financings:    
Securities loaned 1,876,434 1,525,721
Securities sold under agreements to repurchase 8,163,890 8,446,099
Other secured financings (includes $2,362 and $102,788 at fair value at May 31, 2022 and November 30, 2021, respectively; and $2,663,660 and $3,791,886 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 2,666,022 3,794,248
Obligation to return securities received as collateral, at fair value 1,322 7,289
Payables:    
Brokers, dealers and clearing organizations (includes $23 and $44,246 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 4,773,383 5,814,066
Customers 3,718,687 4,461,950
Lease liabilities 507,679 521,448
Accrued expenses and other liabilities (includes $3,503 and $1,787 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) 1,795,595 3,166,987
Long-term debt (includes $1,617,020 and $1,843,598 at fair value at May 31, 2022 and November 30, 2021, respectively) 7,826,819 8,039,826
Total liabilities 45,298,487 47,690,292
EQUITY    
Member’s paid-in capital 8,097,258 7,381,391
Accumulated other comprehensive income (loss):    
Currency translation and other adjustments (173,782) (151,661)
Changes in instrument-specific credit risk (76,472) (153,672)
Additional minimum pension liability (8,562) (8,843)
Available-for-sale securities (277) 269
Total accumulated other comprehensive loss (259,093) (313,907)
Total Jefferies Group LLC member’s equity 7,838,165 7,067,484
Noncontrolling interests 19,678 11,124
Total equity 7,857,843 7,078,608
Total liabilities and equity $ 53,156,330 $ 54,768,900