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Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 31, 2025
Dec. 01, 2024
Current Assets:    
Cash and cash equivalents $ 612.8 $ 690.0
Short-term investments in marketable securities 94.7 0.0
Trade receivables, net 722.9 710.0
Inventories 1,286.3 1,131.3
Other current assets 232.4 211.7
Total current assets held for sale 57.7 108.1
Total current assets 3,006.8 2,851.1
Property, plant and equipment, net 677.4 687.4
Goodwill 278.8 277.6
Other intangible assets, net 194.7 196.6
Deferred tax assets, net 808.1 798.5
Operating lease right-of-use assets, net 1,129.7 1,065.5
Other non-current assets 541.8 463.9
Non-current assets held for sale 19.1 34.9
Total assets 6,656.4 6,375.5
Current Liabilities:    
Accounts payable 621.4 663.4
Accrued salaries, wages and employee benefits 224.5 234.2
Accrued sales returns and allowances 212.5 193.4
Short-term operating lease liabilities 261.1 247.4
Other accrued liabilities 659.5 672.1
Total current liabilities 1,979.0 2,010.5
Long-term debt 1,042.8 994.0
Long-term operating lease liabilities 987.1 943.0
Long-term employee related benefits and other liabilities 484.8 457.5
Total liabilities 4,493.7 4,405.0
Commitments and contingencies
Stockholders’ Equity:    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized, 102,602,359 shares and 103,984,741 shares issued and outstanding as of August 31, 2025 and December 1, 2024, respectively; and 422,000,000 Class B shares authorized, 288,227,197 shares and 291,411,568 shares issued and outstanding, as of August 31, 2025 and December 1, 2024, respectively 0.4 0.4
Additional paid-in capital 761.2 732.6
Accumulated other comprehensive loss (405.3) (434.5)
Retained earnings 1,806.4 1,672.0
Total stockholders’ equity 2,162.7 1,970.5
Total liabilities and stockholders’ equity $ 6,656.4 $ 6,375.5