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Schedule II: Valuation and Qualifying Acounts
 12 Months Ended
Nov. 28, 2021
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts
SCHEDULE II
LEVI STRAUSS & CO. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
Allowance for Credit LossesBalance at
Beginning of
Period		Additions
Charged to
Expenses
Deductions(1)
Balance at
End of
Period
(Dollars in thousands)
November 28, 2021$14,688 (190)2,899 $11,599 
November 29, 2020$6,172 7,858 (658)$14,688 
November 24, 2019$10,037 (978)2,887 $6,172 
Sales ReturnsBalance at
Beginning of
Period		Additions
Charged to
Net Sales
Deductions(1)
Balance at
End of
Period
(Dollars in thousands)
November 28, 2021
$51,385 312,871 306,814 $57,442 
November 29, 2020(2)
$47,802 295,356 291,773 $51,385 
November 24, 2019(2)
$53,684 259,866 265,748 $47,802 
Sales Discounts and IncentivesBalance at
Beginning of
Period		Additions
Charged to
Net Sales
Deductions(1)
Balance at
End of
Period
(Dollars in thousands)
November 28, 2021
$135,966 419,368 402,972 $152,362 
November 29, 2020(2)
$125,065 304,591 293,690 $135,966 
November 24, 2019(2)
$120,704 351,686 347,325 $125,065 
Valuation Allowance Against Deferred Tax AssetsBalance at
Beginning of
Period		Charges/
(Releases)
to Tax
Expense
(Additions)/
Deductions
Balance at
End of
Period
(Dollars in thousands)
November 28, 2021$38,543 4,855 (2,573)$45,971 
November 29, 2020$19,611 18,271 (661)$38,543 
November 24, 2019$21,970 (81)2,278 $19,611 
_____________
(1)The charges to the accounts are for the purposes for which the allowances were created.
(2)In accordance with ASU 2014-09, “Revenue from Contracts with Customers”, adopted in fiscal 2019, allowances for returns, discounts and incentives are presented as current liabilities on the consolidated balance sheet. In previously issued financial statement schedules, the end of period balances were included within Deductions, presented as additional deductions, to reflect ending balances for asset valuation accounts. The presentation has been updated to reflect both asset valuation accounts and current liabilities associated with sales returns and sales discounts and incentives. This change in presentation did not impact the Company's consolidated financial statements in any period.