XML 41 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
 9 Months Ended
Aug. 23, 2020
Leases [Abstract]  
Schedule of Operating Lease Liabilities
August 23,
2020(1)
(Dollars in thousands)
2020$67,251 
2021242,695 
2022207,118 
2023166,182 
2024134,646 
Thereafter324,909 
Total undiscounted future cash flows related to lease payments1,142,801 
Less: Interest72,337 
Present value of lease liabilities$1,070,464 
_____________
(1)     Excludes $7.7 million of future operating lease payments for lease agreements signed but not yet commenced.
Assets And Liabilities, Lessee
The following table includes the weighted average remaining lease terms, in years, and the weighted average discount rate used to calculate the present value of operating lease liabilities:
August 23,
2020
Weighted-average remaining lease term (years)5.9
Weighted-average discount rate2.26 %
Supplemental Cash and Non-Cash Information
The table below includes supplemental cash and non-cash information related to operating leases:
August 23,
2020
(Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$176,744 
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities (1)
$111,151 
_____________
(1)     Excludes the amount initially capitalized in conjunction with the adoption of Topic 842.
Schedule of Operating Lease and Financing Obligations
Amounts of minimum future annual commitments under non-cancelable operating leases and lease financing obligations in accordance with Topic 840 were as follows:
November 24,
2019
(Dollars in thousands)
2020$234,092 
2021203,483 
2022174,536 
2023140,278 
2024111,176 
Thereafter284,114 
Total undiscounted future cash flows related to lease payments$1,147,679