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Restructuring
 9 Months Ended
Aug. 30, 2015
Restructuring Liabilities Disclosures [Abstract]  
Restructuring
RESTRUCTURING
In 2014, the Company announced and began to implement a global productivity initiative designed to streamline operations and fuel long-term profitable growth. The Company expects that the majority of the actions related to the global productivity initiative will be implemented by the end of 2016, with a focus on redesigning business processes and identifying opportunities to reduce costs, increase efficiencies and further streamline processes in supporting functions, supply chain and planning.
For the three and nine months ended August 30, 2015, the Company recognized restructuring charges, net, of $4.1 million and $11.4 million, respectively, as compared to $2.4 million and $79.4 million for the same periods in 2014. These restructuring charges were recorded in "Restructuring, net" in the Company's consolidated statements of income. Related charges of $7.7 million and $28.1 million for the three and nine months ended August 30, 2015, respectively, as compared to $7.6 million and $23.3 million for the same periods in 2014, consist primarily of consulting fees for the Company's centrally-led cost-savings and productivity projects, as well as transition costs associated with the Company's decision to outsource certain global business service activities. These related charges represent costs incurred associated with ongoing operations which will benefit future periods and thus were recorded in "Selling, general and administrative expenses" in the Company's consolidated statements of income. Cash payments for charges recognized to date are expected to continue through 2016.
The table below summarizes the components of charges included in “Restructuring, net” in the Company’s consolidated statements of income:
 
Three Months Ended
 
Nine Months Ended
 
August 30,
2015
 
August 24,
2014
 
August 30,
2015
 
August 24,
2014
 
(Dollars in thousands)
Restructuring, net:
 
 
 
 
 
 
 
Severance and employee-related benefits(1)
$
4,989

 
$
2,817

 
$
12,745

 
$
67,566

Adjustments to severance and employee-related benefits
(1,652
)
 
(1,765
)
 
(3,415
)
 
(4,810
)
Lease and other contract termination costs
516

 
—

 
516

 
—

Other(2)
319

 
3,108

 
1,698

 
13,269

Adjustments to other
—

 
—

 
(467
)
 
—

Noncash pension and postretirement curtailment (gains) losses, net(3)
(118
)
 
(1,789
)
 
269

 
3,386

Total
$
4,054

 
$
2,371

 
$
11,346

 
$
79,411

_____________

(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.
The Company is unable at this time to make a good faith determination of cost estimates, or ranges of cost estimates, for additional actions associated with the global productivity initiative. Final estimates for headcount, timing and charges in certain areas of the international business are subject to completion of applicable local works council and other consultative processes.
The following table summarizes the activities associated with restructuring liabilities for the three and nine months ended August 30, 2015, and August 24, 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.
 
Three Months Ended August 30, 2015
 
Liabilities
 
 
 
Adjustments
 
 
 
Foreign Currency Fluctuation
 
Liabilities
 
May 31, 2015
 
Charges
 
 
Payments
 
 
August 30, 2015
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Severance and employee-related benefits
$
33,127

 
$
4,989

 
$
(1,652
)
 
$
(9,287
)
 
$
420

 
$
27,597

Lease and other contract termination costs
—

 
516

 
—

 
—

 
5

 
521

Other
—

 
319

 
—

 
(319
)
 
—

 
—

Total
$
33,127

 
$
5,824

 
$
(1,652
)
 
$
(9,606
)
 
$
425

 
$
28,118

 
 
 
 
 
 
 
 
 
 
 
 
Current portion
$
32,472

 
 
 
 
 
 
 
 
 
$
27,501

Long-term portion
655

 
 
 
 
 
 
 
 
 
617

Total
$
33,127

 
 
 
 
 
 
 
 
 
$
28,118

 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended August 24, 2014
 
Liabilities
 
 
 
Adjustments
 
 
 
Foreign Currency Fluctuation
 
Liabilities
 
May 25, 2014
 
Charges
 
 
Payments
 
 
August 24, 2014
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Severance and employee-related benefits
$
47,376

 
$
2,817

 
$
(1,765
)
 
$
(12,135
)
 
$
(725
)
 
$
35,568

Lease and other contract termination costs
—

 
—

 
—

 
—

 
—

 
—

Other
2,373

 
3,108

 
—

 
(2,865
)
 
—

 
2,616

Total
$
49,749

 
$
5,925

 
$
(1,765
)
 
$
(15,000
)
 
$
(725
)
 
$
38,184

 
 
 
 
 
 
 
 
 
 
 
 
Current portion
$
49,749

 
 
 
 
 
 
 
 
 
$
37,834

Long-term portion
—

 
 
 
 
 
 
 
 
 
350

Total
$
49,749

 
 
 
 
 
 
 
 
 
$
38,184

 
Nine Months Ended August 30, 2015
 
Liabilities
 
 
 
Adjustments
 
 
 
Foreign Currency Fluctuation
 
Liabilities
 
November 30, 2014
 
Charges
 
 
Payments
 
 
August 30, 2015
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Severance and employee-related benefits
$
56,963

 
$
12,745

 
$
(3,415
)
 
$
(34,760
)
 
$
(3,936
)
 
$
27,597

Lease and other contract termination costs
—

 
516

 
—

 
—

 
5

 
521

Other
6,400

 
1,698

 
(467
)
 
(7,631
)
 
—

 
—

Total
$
63,363

 
$
14,959

 
$
(3,882
)
 
$
(42,391
)
 
$
(3,931
)
 
$
28,118

 
 
 
 
 
 
 
 
 
 
 
 
Current portion
$
57,817

 
 
 
 
 
 
 
 
 
$
27,501

Long-term portion
5,546

 
 
 
 
 
 
 
 
 
617

Total
$
63,363

 
 
 
 
 
 
 
 
 
$
28,118

 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended August 24, 2014
 
Liabilities
 
 
 
Adjustments
 
 
 
Foreign Currency Fluctuation
 
Liabilities
 
November 24, 2013
 
Charges
 
 
Payments
 
 
August 24, 2014
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Severance and employee-related benefits
$
—

 
$
67,566

 
$
(4,810
)
 
$
(25,613
)
 
$
(1,575
)
 
$
35,568

Lease and other contract termination costs
—

 
—

 
—

 
—

 
—

 
—

Other
—

 
13,269

 
—

 
(10,653
)
 
—

 
2,616

Total
$
—

 
$
80,835

 
$
(4,810
)
 
$
(36,266
)
 
$
(1,575
)
 
$
38,184

 
 
 
 
 
 
 
 
 
 
 
 
Current portion
$
—

 
 
 
 
 
 
 
 
 
$
37,834

Long-term portion
—

 
 
 
 
 
 
 
 
 
350

Total
$
—

 
 
 
 
 
 
 
 
 
$
38,184