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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 24, 2019
Nov. 25, 2018
Current Assets:    
Cash and cash equivalents $ 934,237 $ 713,120
Short-term investments in marketable securities 80,741 0
Trade receivables, net of allowance for doubtful accounts of $6,172 and $10,037 (Note 1) 782,846 534,164
Inventories:    
Raw materials 4,929 3,681
Work-in-process 3,319 2,977
Finished goods 875,944 877,115
Total inventories 884,192 883,773
Other current assets 188,170 157,002
Total current assets 2,870,186 2,288,059
Property, plant and equipment, net of accumulated depreciation of $1,054,267 and $974,206 529,558 460,613
Goodwill 235,788 236,246
Other intangible assets, net 42,782 42,835
Deferred tax assets, net 407,905 397,791
Other non-current assets 146,199 117,116
Total assets 4,232,418 3,542,660
Current Liabilities:    
Short-term debt 7,621 31,935
Accounts payable 360,324 351,329
Accrued salaries, wages and employee benefits 223,374 298,990
Accrued interest payable 5,350 6,089
Accrued income taxes 24,050 15,466
Accrued sales allowances (Note 1) 123,311 0
Other accrued liabilities 423,174 348,390
Total current liabilities 1,167,204 1,052,199
Long-term debt 1,006,745 1,020,219
Postretirement medical benefits 64,006 74,181
Pension liability 193,214 195,639
Long-term employee related benefits 84,957 107,556
Long-term income tax liabilities 10,486 9,805
Other long-term liabilities 134,249 116,462
Total liabilities 2,660,861 2,576,061
Commitments and contingencies
Temporary equity (Note 1) 0 299,140
Levi Strauss & Co. stockholders’ equity    
Common stock — $.001 par value; 1,200,000,000 Class A shares authorized; 53,079,235 shares and no shares issued and outstanding as of November 24, 2019 and November 25, 2018, respectively; and 422,000,000 Class B shares authorized, 340,674,741 shares and 376,028,430 shares issued and outstanding, as of November 24, 2019 and November 25, 2018, respectively 394 376
Additional paid-in capital (Note 1) 657,659 0
Accumulated other comprehensive loss (404,986) (424,584)
Retained earnings 1,310,464 1,084,321
Total Levi Strauss & Co. stockholders’ equity 1,563,531 660,113
Noncontrolling interest 8,026 7,346
Total stockholders’ equity 1,571,557 667,459
Total liabilities, temporary equity and stockholders’ equity $ 4,232,418 $ 3,542,660