Consolidated Statements of Financial Condition - USD ($) $ in Thousands		Nov. 30, 2020	Nov. 30, 2019
ASSETS
Cash and cash equivalents		$ 9,055,148	$ 7,678,821
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations		604,321	796,797
Financial instruments owned, at fair value		18,124,577	16,895,741
Loans to and investments in associated companies		1,686,563	1,652,957
Securities borrowed		6,934,762	7,624,642
Securities purchased under agreements to resell		5,096,769	4,299,598
Securities received as collateral, at fair value		7,517	9,500
Receivables		6,608,767	5,744,106
Property, equipment and leasehold improvements, net		897,204	385,029
Intangible assets, net and goodwill		1,913,467	1,922,934
Other assets		2,189,257	2,450,109
Total assets	[1]	53,118,352	49,460,234
LIABILITIES
Short-term borrowings		764,715	548,490
Securities loaned		1,810,748	1,525,140
Securities sold under agreements to repurchase		8,316,269	7,504,670
Other secured financings		3,288,384	3,070,611
Obligation to return securities received as collateral, at fair value		7,517	9,500
Lease liabilities		584,807	0
Payables, expense accruals and other liabilities		10,388,072	8,179,013
Long-term debt		8,352,039	8,337,061
Total liabilities	[1]	43,530,151	39,706,945
Commitments and contingencies
MEZZANINE EQUITY
Redeemable noncontrolling interests		24,676	26,605
Mandatorily redeemable convertible preferred shares		125,000	125,000
EQUITY
Common shares, par value $1 per share, authorized 600,000,000 shares; 249,750,542 and 291,644,153 shares issued and outstanding, after deducting 66,712,070 and 24,818,459 shares held in treasury		249,751	291,644
Additional paid-in capital		2,911,223	3,627,711
Accumulated other comprehensive income (loss)		(288,917)	(273,039)
Retained earnings		6,531,836	5,933,389
Total Jefferies Financial Group Inc. shareholders' equity		9,403,893	9,579,705
Noncontrolling interests		34,632	21,979
Total equity		9,438,525	9,601,684
Total		53,118,352	49,460,234
Total financial instruments sold, not yet purchased, at fair value		$ 10,017,600	$ 10,532,460

[1] Total assets include assets related to variable interest entities of $566.1 million and $645.8 million at November 30, 2020 and 2019, respectively, and Total liabilities include liabilities related to variable interest entities of $3,291.3 million and $3,071.1 million at November 30, 2020 and 2019, respectively. See Note 8 for additional information related to variable interest entities.