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Leases (Tables)
12 Months Ended
Dec. 01, 2024
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.
December 1, 2024
(Dollars in millions)
2025$292.7 
2026244.2 
2027197.9 
2028159.3 
2029116.8 
Thereafter405.2 
Total undiscounted future cash flows related to lease payments1,416.1 
Less: Interest202.3 
Present value of lease liabilities$1,213.8 
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:
December 1,
2024
November 26,
2023
Weighted-average remaining lease term (years)6.97.2
Weighted-average discount rate4.21 %3.81 %
The table below includes supplemental cash and non-cash information related to operating leases:
December 1,
2024
November 26,
2023
(Dollars in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$292.4 $272.9 
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities$305.4 $334.4 
Finance lease right-of-use assets acquired in exchange for finance lease obligation
14.0 $—