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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 29, 2020
Nov. 24, 2019
Current Assets:    
Cash and cash equivalents $ 1,497,155 $ 934,237
Short-term investments in marketable securities 96,531 80,741
Trade receivables, net 540,227 782,846
Inventories 817,692 884,192
Other current assets 174,636 188,170
Total current assets 3,126,241 2,870,186
Property, plant and equipment, net 454,532 529,558
Goodwill 264,768 235,788
Other intangible assets, net 47,426 42,782
Deferred tax assets, net 497,556 407,905
Operating lease right-of-use assets, net 988,801 0
Other non-current assets 261,917 146,199
Total assets 5,641,241 4,232,418
Current Liabilities:    
Short-term debt 17,631 7,621
Accounts payable 375,450 360,324
Accrued salaries, wages and employee benefits 179,081 223,374
Restructuring liabilities 54,723 0
Accrued income taxes 21,986 24,050
Accrued sales returns and allowances 185,868 171,113
Short-term operating lease liabilities 237,142 0
Other accrued liabilities 477,001 380,722
Total current liabilities 1,548,882 1,167,204
Long-term debt 1,546,700 1,006,745
Postretirement medical benefits 60,249 64,006
Pension liabilities 168,721 193,214
Long-term employee related benefits 94,654 84,957
Long-term operating lease liabilities 858,293 0
Other long-term liabilities 64,267 144,735
Total liabilities 4,341,766 2,660,861
Commitments and contingencies
Levi Strauss & Co. stockholders’ equity    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized; 74,352,481 shares and 53,079,235 shares issued and outstanding as of November 29, 2020 and November 24, 2019, respectively; and 422,000,000 Class B shares authorized, 323,547,674 shares and 340,674,741 shares issued and outstanding, as of November 29, 2020 and November 24, 2019, respectively 398 394
Additional paid-in capital 626,243 657,659
Accumulated other comprehensive loss (441,446) (404,986)
Retained earnings 1,114,280 1,310,464
Total Levi Strauss & Co. stockholders’ equity 1,299,475 1,563,531
Noncontrolling interest 0 8,026
Total stockholders’ equity 1,299,475 1,571,557
Total liabilities and stockholders’ equity $ 5,641,241 $ 4,232,418