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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Net cash flows from operating activities:    
Net income $ 460,405 $ 768,685
Adjustments to reconcile net income to net cash provided by (used for) operations:    
Deferred income tax provision 106,501 8,148
Recognition of accumulated other comprehensive income lodged taxes 0 (544,583)
Depreciation and amortization of real estate, property, equipment and leasehold improvements 109,877 100,679
Other amortization 7,942 (13,252)
Share-based compensation 29,554 37,036
Provision for doubtful accounts 32,344 21,375
(Income) loss related to associated companies 91,805 (193,380)
Distributions from associated companies 54,916 249,895
Net (gains) losses related to property and equipment, and other assets 59,125 (56,706)
Lease expense 67,555  
Lease payments (59,155)  
Net change in:    
Securities deposited with clearing and depository organizations (20,955) (153)
Financial instruments owned, at fair value (1,038,140) 123,734
Securities borrowed 382,907 (1,410,295)
Securities purchased under agreements to resell (979,989) (1,772,192)
Receivables from brokers, dealers and clearing organizations 261,569 268,321
Receivables from customers of securities operations 524,860 329,504
Other receivables (42,659) (47,657)
Other assets (153,557) (100,165)
Financial instruments sold, not yet purchased, at fair value 366,737 921,280
Securities loaned 387,692 387,016
Securities sold under agreements to repurchase (260,144) (346,031)
Payables to brokers, dealers and clearing organizations (81,905) (169,021)
Payables to customers of securities operations 128,167 422,840
Trade payables, expense accruals and other liabilities 651,918 (328,902)
Other 220,488 92,502
Net cash provided by (used for) operating activities 1,307,858 (1,251,322)
Net cash flows from investing activities:    
Acquisitions of property, equipment and leasehold improvements, and other assets (146,416) (164,165)
Proceeds from disposals of property and equipment, and other assets 4,847 20,134
Acquisitions, net of cash acquired 0 100,743
Advances on notes, loans and other receivables (601,068) (333,198)
Collections on notes, loans and other receivables 546,676 202,516
Loans to and investments in associated companies (1,390,779) (172,493)
Capital distributions and loan repayments from associated companies 1,372,779 31,269
Purchases of investments (other than short-term) (906) (2,995)
Proceeds from maturities of investments 2,025 531,104
Proceeds from sales of investments 19,939 890,259
Other 4,499 0
Net cash provided by (used for) investing activities (188,404) 1,103,174
Net cash flows from financing activities:    
Issuance of debt, net of issuance costs 2,362,574 2,493,735
Repayment of debt (2,121,748) (2,141,271)
Net change in other secured financings 303,893 972,296
Net change in bank overdrafts (37,758) (9,028)
Distributions to noncontrolling interests (1,719) (2,481)
Contributions from noncontrolling interests 18,558 6,771
Purchase of common shares for treasury (623,469) (372,849)
Dividends paid (122,871) (112,455)
Other 821 792
Net cash provided by (used for) financing activities (221,719) 835,510
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash 19,723 (18,243)
Net increase in cash, cash equivalents and restricted cash 917,458 669,119
Cash, cash equivalents and restricted cash at beginning of period 8,480,435 6,012,662
Cash, cash equivalents and restricted cash at end of period $ 9,397,893 $ 6,681,781