CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total		Member's paid-in capital	Member's paid-in capital Adjustment for change in accounting principle for current expected credit losses	Accumulated other comprehensive income (loss), net of tax	Total Jefferies Group LLC member’s equity	Noncontrolling interests
Balance, beginning of period at Nov. 30, 2020			$ 6,569,328	$ 2,698	$ (220,585)		$ 17,389
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)	$ 812,318		812,884				(566)
Contribution from Jefferies Financial Group Inc.			153,557
Distributions to Jefferies Financial Group Inc.			(559,999)
Settlement of related balances from the transfer of employees from Jefferies Financial Group Inc. to Jefferies Group LLC			0
Currency translation and other adjustments	14,421	[1]			14,421
Changes in instrument-specific credit risk	(91,021)	[2]			(91,021)
Unrealized losses on available-for-sale securities	(87)				(87)
Contributions							2,595
Distributions							(13,266)
Deconsolidation of asset management entity							0
Balance, end of period at May. 31, 2021	6,687,348		6,978,468		(297,272)	$ 6,681,196	6,152
Balance, beginning of period at Feb. 28, 2021			6,819,060		(279,142)		15,713
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)	318,453		318,816				(363)
Contribution from Jefferies Financial Group Inc.			0
Distributions to Jefferies Financial Group Inc.			(159,408)
Settlement of related balances from the transfer of employees from Jefferies Financial Group Inc. to Jefferies Group LLC			0
Currency translation and other adjustments	3,482	[1]			3,482
Changes in instrument-specific credit risk	(21,585)	[2]			(21,585)
Unrealized losses on available-for-sale securities	(27)				(27)
Contributions							2,595
Distributions							(11,793)
Deconsolidation of asset management entity							0
Balance, end of period at May. 31, 2021	6,687,348		6,978,468		(297,272)	6,681,196	6,152
Balance, beginning of period at Nov. 30, 2021	7,078,608		7,381,391		(313,907)		11,124
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)	483,002		481,437				1,565
Contribution from Jefferies Financial Group Inc.	476,500		476,549
Distributions to Jefferies Financial Group Inc.			(240,718)
Settlement of related balances from the transfer of employees from Jefferies Financial Group Inc. to Jefferies Group LLC			(1,401)
Currency translation and other adjustments	(21,840)	[1]			(21,840)
Changes in instrument-specific credit risk	77,200	[2]			77,200
Unrealized losses on available-for-sale securities	(546)				(546)
Contributions							28,210
Distributions							0
Deconsolidation of asset management entity							(21,221)
Balance, end of period at May. 31, 2022	7,857,843		8,097,258		(259,093)	7,838,165	19,678
Balance, beginning of period at Feb. 28, 2022			8,027,244		(272,266)		12,033
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)	141,859		140,027				1,832
Contribution from Jefferies Financial Group Inc.			0
Distributions to Jefferies Financial Group Inc.			(70,013)
Settlement of related balances from the transfer of employees from Jefferies Financial Group Inc. to Jefferies Group LLC			0
Currency translation and other adjustments	(22,220)	[1]			(22,220)
Changes in instrument-specific credit risk	35,766	[2]			35,766
Unrealized losses on available-for-sale securities	(373)				(373)
Contributions							27,034
Distributions							0
Deconsolidation of asset management entity							(21,221)
Balance, end of period at May. 31, 2022	$ 7,857,843		$ 8,097,258		$ (259,093)	$ 7,838,165	$ 19,678

[1] The amounts include income tax benefits approximately $8.3 million during both the three and six months ended May 31, 2022, and income tax expenses of $1.3 million and $4.5 million during the three and six months ended May 31, 2021, respectively.

[2] The amounts include income tax expenses of approximately $11.5 million and $24.7 million during the three and six months ended May 31, 2022, respectively, and income tax benefits of approximately $7.1 million and $29.4 million during the three and six months ended May 31, 2021, respectively. The amounts during the three and six months ended May 31, 2021 also includes net losses of $2.7 million and $2.9 million, respectively, net of income tax benefits of $0.8 million and $0.9 million, respectively, related to changes in instrument specific-credit risk, which were reclassified to Principal transactions revenues in our Consolidated Statement of Earnings.