Leases (Tables)

12 Months Ended

Nov. 26, 2023

Leases [Abstract]

Schedule of Operating Lease Liabilities

Amounts of future undiscounted cash flows related to operating lease payments over the lease term are as follows and are reconciled to the present value of the operating lease liabilities as recorded in the Company's consolidated balance sheets.

	November 26, 2023
	(Dollars in millions)
2024	$	278.7
2025	228.3
2026	186.5
2027	148.1
2028	114.3
Thereafter	388.8
Total undiscounted future cash flows related to lease payments	1,344.7
Less: Interest	186.1
Present value of lease liabilities	$	1,158.6

Supplemental Cash and Non-Cash Information

The following table includes the weighted average remaining lease terms, in years, and the weighted average discount rate used to calculate the present value of operating lease liabilities:

	November 26, 2023		November 27, 2022
Weighted-average remaining lease term (years)	7.2		6.3
Weighted-average discount rate	3.81	%	2.88	%

The table below includes supplemental cash and non-cash information related to operating leases:

	November 26, 2023		November 27, 2022
	(Dollars in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	272.9	$	260.3
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	$	334.4	$	213.9