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Collateralized Transactions (Tables)
 12 Months Ended
Nov. 30, 2016
Banking and Thrift [Abstract]  
Schedule of Collateralized Financing Transactions
The following tables set forth the carrying value of securities lending arrangements and repurchase agreements by class of collateral pledged (in thousands):
 
November 30, 2016
 
Securities Lending Arrangements
 
Repurchase Agreements
 
Total
Collateral Pledged:
 
 
 
 
 
Corporate equity securities
$
2,046,243

 
$
66,291

 
$
2,112,534

Corporate debt securities
731,276

 
1,907,888

 
2,639,164

Mortgage- and asset-backed securities
—

 
2,171,480

 
2,171,480

U.S. government and federal agency securities
41,613

 
9,232,624

 
9,274,237

Municipal securities
—

 
553,010

 
553,010

Sovereign obligations
—

 
2,625,079

 
2,625,079

Loans and other receivables
—

 
455,960

 
455,960

Total
$
2,819,132

 
$
17,012,332

 
$
19,831,464

 
November 30, 2015
 
Securities Lending Arrangements
 
Repurchase Agreements
 
Total
Collateral Pledged:
 
 
 
 
 
Corporate equity securities
$
2,195,912

 
$
275,880

 
$
2,471,792

Corporate debt securities
748,405

 
1,752,222

 
2,500,627

Mortgage- and asset-backed securities
—

 
3,537,812

 
3,537,812

U.S. government and federal agency securities
34,983

 
12,006,081

 
12,041,064

Municipal securities
—

 
357,350

 
357,350

Sovereign obligations
—

 
1,804,103

 
1,804,103

Loans and other receivables
—

 
462,534

 
462,534

Total
$
2,979,300

 
$
20,195,982

 
$
23,175,282

The following tables set forth the carrying value of securities lending arrangements and repurchase agreements by remaining contractual maturity (in thousands):
 
November 30, 2016
 
Overnight and Continuous
 
Up to 30 Days
 
30-90 Days
 
Greater than 90 Days
 
Total
Securities lending arrangements
$
2,131,891

 
$
39,673

 
$
104,516

 
$
543,052

 
$
2,819,132

Repurchase agreements
9,147,176

 
2,008,119

 
3,809,533

 
2,047,504

 
17,012,332

Total
$
11,279,067

 
$
2,047,792

 
$
3,914,049

 
$
2,590,556

 
$
19,831,464


 
November 30, 2015
 
Overnight and Continuous
 
Up to 30 Days
 
30-90 Days
 
Greater than 90 Days
 
Total
Securities lending arrangements
$
1,522,475

 
$
—

 
$
973,201

 
$
483,624

 
$
2,979,300

Repurchase agreements
7,850,791

 
5,218,059

 
5,291,729

 
1,835,403

 
20,195,982

Total
$
9,373,266

 
$
5,218,059

 
$
6,264,930

 
$
2,319,027

 
$
23,175,282
Offsetting Assets
The following tables provide information regarding repurchase agreements and securities borrowing and lending arrangements that are recognized in the Consolidated Statements of Financial Condition and 1) the extent to which, under enforceable master netting arrangements, such balances are presented net in the Consolidated Statements of Financial Condition as appropriate under U.S. GAAP and 2) the extent to which other rights of setoff associated with these arrangements exist and could have an effect on our financial position (in thousands).
 
November 30, 2016
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (3)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
7,743,562

 
$
—

 
$
7,743,562

 
$
(710,611
)
 
$
(647,290
)
 
$
6,385,661

Reverse repurchase agreements
14,083,144

 
(10,220,656
)
 
3,862,488

 
(176,275
)
 
(3,591,654
)
 
94,559

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,819,132

 
$
—

 
$
2,819,132

 
$
(710,611
)
 
$
(2,064,299
)
 
$
44,222

Repurchase agreements
17,012,332

 
(10,220,656
)
 
6,791,676

 
(176,275
)
 
(5,780,909
)
 
834,492

 
November 30, 2015
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (4)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
6,975,136

 
$
—

 
$
6,975,136

 
$
(478,991
)
 
$
(667,099
)
 
$
5,829,046

Reverse repurchase agreements
14,048,860

 
(10,191,554
)
 
3,857,306

 
(83,452
)
 
(3,745,215
)
 
28,639

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,979,300

 
$
—

 
$
2,979,300

 
$
(478,991
)
 
$
(2,464,395
)
 
$
35,914

Repurchase agreements
20,195,982

 
(10,191,554
)
 
10,004,428

 
(83,452
)
 
(8,103,468
)
 
1,817,508

(1)
Under master netting agreements with our counterparties, we have the legal right of offset with a counterparty, which incorporates all of the counterparty’s outstanding rights and obligations under the arrangement. These balances reflect additional credit risk mitigation that is available by counterparty in the event of a counterparty’s default, but which are not netted in the balance sheet because other netting provisions of U.S. GAAP are not met.
(2)
Includes securities received or paid under collateral arrangements with counterparties that could be liquidated in the event of a counterparty default and thus offset against a counterparty’s rights and obligations under the respective repurchase agreements or securities borrowing or lending arrangements.
(3)
Amounts include $6,337.5 million of securities borrowing arrangements, for which we have received securities collateral of $6,146.0 million, and $810.4 million of repurchase agreements, for which we have pledged securities collateral of $834.2 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.
(4)
Amounts include $5,796.1 million of securities borrowing arrangements, for which we have received securities collateral of $5,613.3 million, and $1,807.2 million of repurchase agreements, for which we have pledged securities collateral of $1,875.3 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.
Offsetting Liabilities
The following tables provide information regarding repurchase agreements and securities borrowing and lending arrangements that are recognized in the Consolidated Statements of Financial Condition and 1) the extent to which, under enforceable master netting arrangements, such balances are presented net in the Consolidated Statements of Financial Condition as appropriate under U.S. GAAP and 2) the extent to which other rights of setoff associated with these arrangements exist and could have an effect on our financial position (in thousands).
 
November 30, 2016
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (3)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
7,743,562

 
$
—

 
$
7,743,562

 
$
(710,611
)
 
$
(647,290
)
 
$
6,385,661

Reverse repurchase agreements
14,083,144

 
(10,220,656
)
 
3,862,488

 
(176,275
)
 
(3,591,654
)
 
94,559

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,819,132

 
$
—

 
$
2,819,132

 
$
(710,611
)
 
$
(2,064,299
)
 
$
44,222

Repurchase agreements
17,012,332

 
(10,220,656
)
 
6,791,676

 
(176,275
)
 
(5,780,909
)
 
834,492

 
November 30, 2015
 
Gross Amounts
 
Netting in Consolidated Statement of Financial Condition
 
Net Amounts in Consolidated Statement of Financial Condition
 
Additional Amounts Available for Setoff (1)
 
Available Collateral (2)
 
Net Amount (4)
Assets
 
 
 
 
 
 
 
 
 
 
 
Securities borrowing arrangements
$
6,975,136

 
$
—

 
$
6,975,136

 
$
(478,991
)
 
$
(667,099
)
 
$
5,829,046

Reverse repurchase agreements
14,048,860

 
(10,191,554
)
 
3,857,306

 
(83,452
)
 
(3,745,215
)
 
28,639

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Securities lending arrangements
$
2,979,300

 
$
—

 
$
2,979,300

 
$
(478,991
)
 
$
(2,464,395
)
 
$
35,914

Repurchase agreements
20,195,982

 
(10,191,554
)
 
10,004,428

 
(83,452
)
 
(8,103,468
)
 
1,817,508

(1)
Under master netting agreements with our counterparties, we have the legal right of offset with a counterparty, which incorporates all of the counterparty’s outstanding rights and obligations under the arrangement. These balances reflect additional credit risk mitigation that is available by counterparty in the event of a counterparty’s default, but which are not netted in the balance sheet because other netting provisions of U.S. GAAP are not met.
(2)
Includes securities received or paid under collateral arrangements with counterparties that could be liquidated in the event of a counterparty default and thus offset against a counterparty’s rights and obligations under the respective repurchase agreements or securities borrowing or lending arrangements.
(3)
Amounts include $6,337.5 million of securities borrowing arrangements, for which we have received securities collateral of $6,146.0 million, and $810.4 million of repurchase agreements, for which we have pledged securities collateral of $834.2 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.
(4)
Amounts include $5,796.1 million of securities borrowing arrangements, for which we have received securities collateral of $5,613.3 million, and $1,807.2 million of repurchase agreements, for which we have pledged securities collateral of $1,875.3 million, which are subject to master netting agreements but we have not determined the agreements to be legally enforceable.