CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands		Total		Member's paid-in capital	Accumulated other comprehensive income (loss)		Total Jefferies Group LLC member’s equity	Noncontrolling interests
Increase (Decrease) in Stockholders' Equity
Cumulative effect of the adoption of the new revenue standard, net of tax				$ 0
Balance, beginning of period at Nov. 30, 2016				5,538,103	$ (168,157)	[1],[2]		$ 651
Increase (Decrease) in Stockholders' Equity
Net earnings				357,498				86
Distribution to Jefferies Financial Group Inc.				0
Tax Cuts and Jobs Act adjustment				0
Currency adjustments (3)	[1],[2],[3]				53,396
Changes in instrument specific credit risk	[1],[2],[4]				(21,394)
Cash flow hedges	[1],[2],[5]				(936)
Pension adjustments	[1],[2],[6]				312
Contributions								0
Balance, end of period at Nov. 30, 2017		$ 5,759,559		5,895,601	(136,779)	[1],[2]	$ 5,758,822	737
Increase (Decrease) in Stockholders' Equity
Cumulative effect of the adoption of the new revenue standard, net of tax				(6,121)
Net earnings		37,189		37,186				3
Distribution to Jefferies Financial Group Inc.				(218,593)
Tax Cuts and Jobs Act adjustment				7,555
Currency adjustments (3)		(45,169)	[7]		(49,667)	[1],[2],[3]
Changes in instrument specific credit risk		7,904	[8]		7,904	[1],[2],[4]
Cash flow hedges		1,297	[9]		1,297	[1],[2],[5]
Pension adjustments	[1],[2],[6]				4,498
Contributions								10
Balance, end of period at May. 31, 2018		$ 5,543,631		$ 5,715,628	$ (172,747)	[1],[2]	$ 5,542,881	$ 750

[1] The components of other comprehensive income (loss) are attributable to Jefferies Group LLC. None of the components of other comprehensive income (loss) are attributable to noncontrolling interests.

[2] There were no material reclassifications out of Accumulated other comprehensive income (loss) during the year ended November 30, 2017.

[3] The amount during the six months ended May 31, 2018 includes a gain of $20.5 million related to foreign currency gains, which was reclassified to earnings.

[4] The amount during the six months ended May 31, 2018 includes a gain of $0.3 million related to changes in instrument specific credit risk, which was reclassified to earnings, and ($6.5) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[5] The amount during the six months ended May 31, 2018 includes ($0.2) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[6] The amount during the six months ended May 31, 2018 includes $5.3 million related to the transfer of the German Pension Plan, which was reclassified to earnings, and ($0.8) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[7] The amount during the six months ended May 31, 2018 includes $5.3 million related to the transfer of the German Pension Plan, which was reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings and ($0.8) million related to the Tax Cuts and Jobs Act (the “Tax Act”), which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information. The amounts during the three and six months ended May 31, 2018 include a gain of $20.5 million related to foreign currency gains, which was reclassified to Other income within the Consolidated Statements of Earnings.

[8] The amount includes income tax expense of approximately $8.8 million and $10.7 million for the three and six months ended May 31, 2018 and income tax benefit of approximately $1.1 million and $7.4 million for the three and six months ended May 31, 2017. The amounts during the three and six months ended May 31, 2018 also include a gain of $0.3 million related to changes in instrument specific credit risk, which was reclassified to Principal transaction revenues within the Consolidated Statements of Earnings. The amount during the six months ended May 31, 2018 includes ($6.5) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.

[9] The amount during the six months ended May 31, 2018 includes ($0.2) million related to the Tax Act, which was reclassified to Member’s paid-in capital. Refer to Note 3, Accounting Developments for further information.