XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Feb. 28, 2021
Nov. 30, 2020
ASSETS    
Cash and cash equivalents (includes $18 and $468 at February 28, 2021 and November 30, 2020, respectively, related to consolidated VIEs) $ 6,707,482 $ 7,111,929
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 615,115 604,321
Financial instruments owned, at fair value (includes securities pledged of $12,150,880 and $13,065,585 at February 28, 2021 and November 30, 2020, respectively; and $12,630 and $5,238 at February 28, 2021 and November 30, 2020, respectively, related to consolidated VIEs) 18,570,876 17,686,052
Loans to and investments in related parties 1,017,352 1,000,730
Securities borrowed 7,150,657 6,934,762
Securities purchased under agreements to resell 6,680,284 5,096,769
Securities received as collateral, at fair value 0 7,517
Receivables:    
Brokers, dealers and clearing organizations ($31,224 and $12,919 at February 28, 2021 and November 30, 2020, respectively, related to consolidated VIEs) 4,749,675 4,158,823
Customers 1,863,453 1,286,925
Fees, interest and other 490,915 397,630
Premises and equipment 849,417 847,127
Goodwill 1,650,642 1,646,933
Other assets ($152 and $131 at February 28, 2021 and November 30, 2020, respectively, related to consolidated VIEs) 1,040,543 972,479
Total assets 51,386,411 47,751,997
LIABILITIES AND EQUITY    
Short-term borrowings (includes $0 and $5,067 at fair value at February 28, 2021 and November 30, 2020, respectively) 882,941 764,715
Financial instruments sold, not yet purchased, at fair value ($9,445 and $2,466 at February 28, 2021 and November 30, 2020, respectively, related to consolidated VIEs) 12,361,542 10,017,522
Collateralized financings:    
Securities loaned 2,519,077 1,810,748
Securities sold under agreements to repurchase 7,207,636 8,316,269
Other secured financings (includes $2,168 and $1,543 at fair value at February 28, 2021 and November 30, 2020, respectively; and $3,802,057 and $2,769,674 at February 28, 2021 and November 30, 2020, respectively, related to consolidated VIEs) 3,804,225 2,771,217
Obligation to return securities received as collateral, at fair value 0 7,517
Payables:    
Brokers, dealers and clearing organizations 4,098,406 3,325,753
Customers 4,091,069 4,251,556
Lease liabilities 558,429 561,249
Accrued expenses and other liabilities (includes $1,335 and $1,202 at February 28, 2021 and November 30, 2020, respectively, related to consolidated VIEs) 2,385,747 2,663,639
Long-term debt (includes $1,784,157 and $1,712,245 at fair value at February 28, 2021 and November 30, 2020, respectively) 6,921,708 6,895,680
Total liabilities 44,830,780 41,385,865
EQUITY    
Member’s paid-in capital 6,819,060 6,569,328
Accumulated other comprehensive income (loss):    
Currency translation and other adjustments (131,006) (141,843)
Changes in instrument specific credit risk (140,587) (71,151)
Additional minimum pension liability (8,002) (8,104)
Available-for-sale securities 453 513
Total accumulated other comprehensive loss (279,142) (220,585)
Total Jefferies Group LLC member’s equity 6,539,918 6,348,743
Noncontrolling interests 15,713 17,389
Total equity 6,555,631 6,366,132
Total liabilities and equity $ 51,386,411 $ 47,751,997