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Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2025
Dec. 01, 2024
Current Assets:    
Cash and cash equivalents $ 757.9 $ 690.0
Short-term investments in marketable securities 90.9 0.0
Trade receivables, net 774.7 710.0
Inventories 1,237.7 1,131.3
Other current assets 238.5 211.7
Current assets held for sale 54.0 108.1
Total current assets 3,153.7 2,851.1
Property, plant and equipment, net 681.8 687.4
Goodwill 280.6 277.6
Other intangible assets, net 194.4 196.6
Deferred tax assets, net 830.1 798.5
Operating lease right-of-use assets, net 1,148.2 1,065.5
Other non-current assets 538.7 463.9
Non-current assets held for sale 21.3 34.9
Total assets 6,848.8 6,375.5
Current Liabilities:    
Accounts payable 597.6 663.4
Accrued salaries, wages and employee benefits 244.7 234.2
Accrued sales returns and allowances 226.1 193.4
Short-term operating lease liabilities 260.7 247.4
Other accrued liabilities 703.4 672.1
Total current liabilities 2,032.5 2,010.5
Long-term debt 1,039.2 994.0
Long-term operating lease liabilities 1,005.6 943.0
Long-term employee related benefits 252.7 253.6
Other long-term liabilities 240.2 203.9
Total liabilities 4,570.2 4,405.0
Commitments and contingencies
Stockholders’ Equity:    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized; 103,620,225 shares and 103,984,741 shares issued and outstanding as of November 30, 2025 and December 1, 2024, respectively; and 422,000,000 Class B shares authorized, 286,756,831 shares and 291,411,568 shares issued and outstanding, as of November 30, 2025 and December 1, 2024, respectively 0.4 0.4
Additional paid-in capital 788.1 732.6
Retained earnings 1,897.3 1,672.0
Accumulated other comprehensive loss (407.2) (434.5)
Equity, Attributable to Parent, Total 2,278.6 1,970.5
Total liabilities and stockholders’ equity $ 6,848.8 $ 6,375.5