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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 01, 2024
Nov. 26, 2023
Current Assets:    
Cash and cash equivalents $ 690.0 $ 398.8
Trade receivables, net 710.0 752.7
Inventories 1,239.4 1,290.1
Other current assets 211.7 196.0
Total current assets 2,851.1 2,637.6
Property, plant and equipment, net 698.7 680.7
Goodwill 277.6 303.7
Other intangible assets, net 196.6 267.6
Deferred tax assets, net 798.5 729.5
Operating lease right-of-use assets, net 1,088.6 1,033.9
Other non-current assets 464.4 400.6
Total assets 6,375.5 6,053.6
Current Liabilities:    
Accounts payable 663.4 567.9
Accrued salaries, wages and employee benefits 234.2 214.9
Accrued sales returns and allowances 193.4 189.8
Short-term operating lease liabilities 253.3 245.5
Other accrued liabilities 666.2 569.4
Total current liabilities 2,010.5 1,787.5
Long-term debt 994.0 1,009.4
Postretirement medical benefits 30.8 33.6
Pension liabilities 112.8 111.1
Long-term employee related benefits 110.0 102.2
Long-term operating lease liabilities 960.5 913.1
Other long-term liabilities 186.4 50.3
Total liabilities 4,405.0 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; 103,984,741 shares and 102,104,670 shares issued and outstanding as of December 1, 2024 and November 26, 2023, respectively; and 422,000,000 Class B shares authorized, 291,411,568 shares and 295,243,353 shares issued and outstanding, as of December 1, 2024 and November 26, 2023, respectively 0.4 0.4
Additional paid-in capital 732.6 686.7
Accumulated other comprehensive loss (434.5) (390.9)
Retained earnings 1,672.0 1,750.2
Total Levi Strauss & Co. stockholders’ equity 1,970.5 2,046.4
Total liabilities and stockholders’ equity $ 6,375.5 $ 6,053.6