Accrued Expenses

3 Months Ended

Feb. 28, 2020

Payables and Accruals [Abstract]

ACCRUED EXPENSES

ACCRUED EXPENSES

Accrued expenses as of February 28, 2020 and November 29, 2019 consisted of the following:

(in millions)	2020		2019
Accrued compensation and benefits	$	389	$	318
Accrued bonuses	93		222
Refund liabilities	122		126
Accrued media costs	98		118
Accrued corporate marketing	84		80
Taxes payable	74		83
Royalties payable	72		62
Fair value of derivatives	8		33
Accrued interest expense	7		29
Accrued building rent	—		99
Other	294		229
Accrued expenses	$	1,241	$	1,399

Accrued media costs primarily relate to our advertising platform offerings. We accrue for media costs related to impressions purchased from third-party ad inventory sources. Other primarily includes general corporate accruals for local and regional expenses, including accruals for fees associated with the cancellation of corporate events. Beginning the first quarter of fiscal 2020, as a result of ASC 842 adoption, accrued building rent is recorded as a reduction to our operating lease right-of-use assets on our condensed consolidated balance sheets. See Note 1 for further information regarding our adoption of ASC 842.