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Restructuring (Tables)
 12 Months Ended
Nov. 30, 2014
Restructuring and Related Activities [Abstract]  
Components of Charges Included in Restructuring, net
The table below summarizes the components of charges included in “Restructuring, net” in the Company’s consolidated statements of income:
 
Year Ended
 
November 30,
2014
 
November 24,
2013
 
(Dollars in thousands)
Restructuring, net:
 
 
 
Severance and employee-related benefits(1)
$
104,398

 
$
—

Adjustments to severance and employee-related benefits
(5,697
)
 
—

Lease and other contract termination costs
—

 
—

Other(2)
25,027

 
—

Adjustments to other
1,350

 
—

Noncash pension and postretirement curtailment losses, net(3)
3,347

 
—

Total
$
128,425

 
$
—

_____________

(1)
Severance and employee-related benefits relate to items such as severance, based on separation benefits provided by Company policy or statutory benefit plans, out-placement services and career counseling for employees affected by the global productivity initiative.

(2)
Other restructuring costs are expensed as incurred and primarily relate to consulting fees and legal expenses associated with the execution of the restructuring initiative.

(3)
Noncash pension and postretirement curtailment gains or losses resulting from the global productivity initiative are included in restructuring charges, with the associated liabilities included in "Pension liability" and "Postretirement medical benefits" in the Company's consolidated balance sheets.
Restructuring liability rollforward
The following table summarizes the activities associated with restructuring liabilities for the year ended November 30, 2014. In the table below, "Charges" represents the initial charge related to the restructuring activity. "Adjustments" includes revisions of estimates related to severance, employee-related benefits, lease and other contract termination costs, and other restructuring costs. "Payments" consists of cash payments for severance, employee-related benefits, lease and other contract termination costs, and other restructuring costs.
 
Year Ended November 30, 2014
 
Liabilities
 
 
 
Adjustments
 
 
 
Foreign Currency Fluctuation
 
Liabilities
 
November 24, 2013
 
Charges
 
 
Payments
 
 
November 30, 2014
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Severance and employee-related benefits
$
—

 
$
104,398

 
$
(5,697
)
 
$
(38,527
)
 
$
(3,211
)
 
$
56,963

Lease and other contract termination costs
—

 
—

 
—

 
—

 
—

 
—

Other
—

 
25,027

 
1,350

 
(19,977
)
 
—

 
6,400

Total
$
—

 
$
129,425

 
$
(4,347
)
 
$
(58,504
)
 
$
(3,211
)
 
$
63,363

 
 
 
 
 
 
 
 
 
 
 
 
Current portion
$
—

 
 
 
 
 
 
 
 
 
$
57,817

Long-term portion
—

 
 
 
 
 
 
 
 
 
5,546

Total
$
—

 
 
 
 
 
 
 
 
 
$
63,363