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Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 25, 2024
Nov. 26, 2023
Current Assets:    
Cash and cash equivalents $ 577.1 $ 398.8
Trade receivables, net 679.5 752.7
Inventories 1,275.2 1,290.1
Other current assets 213.7 196.0
Total current assets 2,745.5 2,637.6
Property, plant and equipment, net 699.1 680.7
Goodwill 280.8 303.7
Other intangible assets, net 198.4 267.6
Deferred tax assets, net 777.8 729.5
Operating lease right-of-use assets, net 1,103.0 1,033.9
Other non-current assets 448.9 400.6
Total assets 6,253.5 6,053.6
Current Liabilities:    
Accounts payable 667.8 567.9
Accrued salaries, wages and employee benefits 209.6 214.9
Accrued sales returns and allowances 181.3 189.8
Short-term operating lease liabilities 254.2 245.5
Other accrued liabilities 633.2 569.4
Total current liabilities 1,946.1 1,787.5
Long-term debt 1,020.5 1,009.4
Long-term operating lease liabilities 969.9 913.1
Long-term employee related benefits and other liabilities 443.9 297.2
Total liabilities 4,380.4 4,007.2
Commitments and contingencies
Levi Strauss & Co. stockholders’ equity    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized, 104,374,812 shares and 102,104,670 shares issued and outstanding as of August 25, 2024 and November 26, 2023, respectively; and 422,000,000 Class B shares authorized, 292,352,695 shares and 295,243,353 shares issued and outstanding, as of August 25, 2024 and November 26, 2023, respectively 0.4 0.4
Additional paid-in capital 720.0 686.7
Accumulated other comprehensive loss (418.5) (390.9)
Retained earnings 1,571.2 1,750.2
Total stockholders’ equity 1,873.1 2,046.4
Total liabilities and stockholders’ equity $ 6,253.5 $ 6,053.6