Note 10 - Pension and Postretirement Benefits (Tables)

12 Months Ended

Nov. 28, 2015

Notes Tables

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]

	Pension Benefits												Other Postretirement
	U.S. Plans						Non-U.S. Plans						Benefits
	2015			2014			2015			2014			2015			2014
Change in projected benefit obligation
Benefit obligation at beginning of year	$	408,595		$	347,668		$	220,216		$	206,407		$	54,370		$	50,811
Service cost		107			93			1,924			1,699			449			434
Interest cost		16,322			16,086			5,986			7,626			2,042			2,143
Participant contributions		-			-			-			-			328			350
Actuarial (gain)/loss 1		(15,317	)		62,014			3,780			30,312			(3,988	)		3,948
Curtailments		-			-			-			(100	)		-			-
Settlement payments		(15,493	)		-			-			(1,638	)		-			-
Benefits paid		(18,116	)		(17,266	)		(7,726	)		(8,377	)		(3,278	)		(3,316	)
Foreign currency translation effect		-			-			(23,008	)		(15,713	)		-			-
Benefit obligation at end of year		376,098			408,595			201,172			220,216			49,923			54,370
Change in plan assets
Fair value of plan assets at beginning of year		384,335			358,233			188,210			182,152			63,076			54,196
Actual return on plan assets		(15,799	)		41,874			7,408			20,657			1,249			8,621
Employer contributions		1,534			1,494			1,901			7,856			1,210			3,225
Participant contributions		-			-			-			-			328			350
Settlement payments		(15,493	)		-			-			-			-			-
Benefits paid 2		(18,116	)		(17,266	)		(7,726	)		(8,377	)		(3,278	)		(3,316	)
Foreign currency translation effect		-			-			(17,552	)		(14,078	)		-			-
Fair value of plan assets at end of year		336,461			384,335			172,241			188,210			62,585			63,076
Plan assets (less than) in excess of benefit obligation as of year end	$	(39,637	)	$	(24,260	)	$	(28,931	)	$	(32,006	)	$	12,662		$	8,706

Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]

Amounts in accumulated other comprehensive income (loss) that have not	Pension Benefits										Other Postretirement
been recognized as components of net	U.S. Plans				Non-U.S. Plans						Benefits
periodic benefit cost	2015		2014		2015			2014			2015			2014
Unrecognized actuarial loss	$	160,544	$	140,009	$	75,157		$	82,598		$	21,189		$	23,348
Unrecognized prior service cost (benefit)		90		119		(11	)		(17	)		(41	)		(2,546	)
Ending balance	$	160,634	$	140,128	$	75,146		$	82,581		$	21,148		$	20,802

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

	Pension Benefits												Other Postretirement
	U.S. Plans						Non-U.S. Plans						Benefits
	2015			2014			2015			2014			2015			2014
Statement of financial position as of fiscal year-end
Non-current assets	$	-		$	-		$	4,282		$	7,592		$	15,755		$	12,054
Accrued benefit cost
Current liabilities		(1,490	)		(1,510	)		(1,100	)		(1,248	)		(191	)		(201	)
Non-current liabilities		(38,147	)		(22,750	)		(32,113	)		(38,350	)		(2,902	)		(3,146	)
Ending balance	$	(39,637	)	$	(24,260	)	$	(28,931	)	$	(32,006	)	$	12,662		$	8,707

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

	Pension Benefits and Other Postretirement Benefits
	U.S. Plans				Non-U.S. Plans
	2015		2014		2015		2014
Accumulated benefit obligation	$	355,988	$	20,568	$	99,010	$	122,860
Fair value of plan assets		336,461		-		73,389		91,990

	Pension Benefits and Other Postretirement Benefits
	U.S. Plans				Non-U.S. Plans
	2015		2014		2015		2014
Projected benefit obligation	$	376,098	$	408,595	$	113,633	$	131,588
Fair value of plan assets		336,461		384,335		80,421		91,990

Schedule of Expected Benefit Payments [Table Text Block]

	Pension Benefits				Other
	U.S. Plans		Non-U.S. Plans		Postretirement Benefits
Employer contributions
2016	$	-	$	503	$	3,000
Expected benefit payments
2016	$	26,801	$	7,190	$	3,338
2017		18,913		7,359		3,371
2018		19,456		7,539		3,401
2019		19,972		7,955		3,425
2020		20,478		7,807		3,437
2021-2025		108,454		42,559		16,940

Schedule of Net Benefit Costs [Table Text Block]

	Pension Benefits																		Other
	U.S. Plans									Non-U.S. Plans									Postretirement Benefits
Net periodic cost (benefit)	2015			2014			2013			2015			2014			2013			2015			2014			2013
Service cost	$	107		$	93		$	106		$	1,924		$	1,699		$	1,799		$	449		$	434		$	623
Interest cost		16,322			16,086			14,719			5,986			7,626			7,486			2,042			2,143			2,133
Expected return on assets		(25,682	)		(23,865	)		(22,720	)		(10,422	)		(10,749	)		(9,390	)		(5,510	)		(4,742	)		(3,725	)
Amortization:
Prior service cost		29			29			49			(4	)		(4	)		(4	)		(2,505	)		(3,771	)		(4,134	)
Actuarial loss (gain)		5,628			4,575			6,742			3,173			3,056			3,778			2,431			2,709			5,717
Curtailment loss (gain)		-			-			102			-			-			53			-			-			-
Settlement charge (credit)		-			-			-			-			246			153			-			-			-
Net periodic benefit (benefit) cost	$	(3,596	)	$	(3,082	)	$	(1,002	)	$	657		$	1,874		$	3,875		$	(3,093	)	$	(3,227	)	$	614

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]

	Pension Benefits
	U.S. Plans		Non-U.S. Plans			Postretirement benefits
Amounts expected to be amortized from accumulated other comprehensive income into net periodic benefit costs over next fiscal year as of November 28, 2015
Amortization of prior service cost (benefit)	$	29	$	(4	)	$	(41	)
Amortization of net actuarial (gain) loss		5,270		3,220			2,169
	$	5,299	$	3,216		$	2,128

Schedule of Assumptions Used [Table Text Block]

	Pension Benefits
Weighted-average assumptions used to	U.S. Plans									Non-U.S. Plans									Other Postretirement Benefits
Determine benefit obligations	2015			2014			2013			2015			2014			2013			2015			2014			2013
Discount rate		4.28	%		4.08	%		4.74	%		2.82	%		2.90	%		3.74	%		4.02	%		3.84	%		4.34	%
Rate of compensation increase 1		4.50	%		4.50	%		4.50	%		1.58	%		1.67	%		1.84	%		N/A			N/A			N/A

Weighted-average assumptions used to
Determine net costs for years ended	2015			2014			2013			2015			2014			2013			2015			2014			2013
Discount rate		4.08	%		4.74	%		3.81	%		2.95	%		3.77	%		3.74	%		3.84	%		4.33	%		3.46	%
Expected return on plan assets		7.75	%		7.75	%		7.75	%		6.22	%		6.17	%		5.96	%		8.75	%		8.75	%		8.75	%
Rate of compensation increase		4.50	%		4.50	%		4.50	%		1.58	%		1.67	%		1.84	%		N/A			N/A			N/A

Schedule of Health Care Cost Trend Rates [Table Text Block]

Assumed health care trend rates	2015			2014			2013
Health care cost trend rate assumed for next year		7.00	%		6.50	%		7.25	%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		5.00	%		5.00	%		5.00	%
Fiscal year that the rate reaches the ultimate trend rate	2024			2018			2019

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

	One-Percentage Point
	Increase			Decrease
Effect on service and interest cost components – annual	$	1		$	(101	)
Effect on accumulated postretirement benefit obligation	$	(193	)	$	(2,387	)

Schedule of Allocation of Plan Assets [Table Text Block]

	U.S. Pension Plans									Non-U.S. Pension Plans									Other Postretirement Plans
	Target			Percentage of Plan Assets at Year-End						Target			Percentage of Plan Assets at Year-End						Target			Percentage of Plan Assets at Year-End
Asset Category	2015			2015			2014			2015			2015			2014			2015			2015			2014
Equities		60.0	%		57.7	%		60.2	%		49.5	%		50.3	%		49.8	%		0.0	%		0.0	%		0.0	%
Fixed income		40.0	%		38.8	%		38.9	%		50.5	%		49.1	%		46.7	%		0.0	%		0.0	%		0.0	%
Real Estate		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%		1.1	%		0.0	%		0.0	%		0.0	%
Insurance		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%		100.0	%		99.5	%		98.3	%
Cash		0.0	%		3.5	%		0.9	%		0.0	%		0.6	%		2.4	%		0.0	%		0.5	%		1.7	%
Total		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

	November 28, 2015
U.S. Pension Plans	Level 1		Level 2		Level 3		Total Assets
Equities	$	123,816	$	70,325	$	-	$	194,141
Fixed income		29,948		100,086		352		130,386
Cash		11,934		-		-		11,934
Total	$	165,698	$	170,411	$	352	$	336,461

Non-U.S. Pension Plans	Level 1		Level 2		Level 3		Total Assets
Equities	$	31,253	$	55,430	$	-	$	86,683
Fixed income		41,572		42,595		530		84,697
Cash		861		-		-		861
Total	$	73,686	$	98,025	$	530	$	172,241

Other Postretirement Benefits	Level 1		Level 2		Level 3		Total Assets
Insurance	$	-	$	-	$	62,299	$	62,299
Cash		286		-		-		286
Total	$	286	$	-	$	62,299	$	62,585

	November 29, 2014
U.S. Pension Plans	Level 1		Level 2		Level 3		Total Assets
Equities	$	138,308	$	93,056	$	-	$	231,364
Fixed income		27,782		121,450		407		149,639
Cash		3,332		-		-		3,332
Total	$	169,422	$	214,506	$	407	$	384,335

Non-U.S. Pension Plans	Level 1		Level 2		Level 3		Total Assets
Equities	$	34,362	$	59,504	$	-	$	93,866
Fixed income		48,346		39,006		582		87,934
Real Estate		-		-		2,160		2,160
Cash		4,464		-		-		4,464
Total	$	87,172	$	98,510	$	2,742	$	188,424

Other Postretirement Benefits	Level 1		Level 2		Level 3		Total Assets
Insurance	$	-	$	-	$	61,980	$	61,980
Cash		1,096		-		-		1,096
Total	$	1,096	$	-	$	61,980	$	63,076

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]

U.S. Pension Plans	Fixed Income
Level 3 balance at beginning of year	$	407
Purchases, sales, issuances and settlements, net		(55	)
Level 3 balance at end of year	$	352

Non-U.S. Pension Plans	Fixed Income			Real Estate			Total
Level 3 balance at beginning of year	$	582		$	2,160		$	2,742
Net transfers into / (out of) level 3		28			(12	)		16
Purchases, sales, issuances and settlements, net		-			(2,388	)		(2,388	)
Net gains		9			282			291
Currency change effect		(89	)		(42	)		(131	)
Level 3 balance at end of year	$	530		$	-		$	530

Other Postretirement Benefits	Insurance
Level 3 balance at beginning of year	$	61,980
Net transfers into / (out of) level 3		(701	)
Purchases, sales, issuances and settlements, net		(462	)
Net gains		1,482
Level 3 balance at end of year	$	62,299