Accumulated Other Comprehensive Loss

12 Months Ended

Nov. 29, 2020

Accumulated other comprehensive (loss) income is summarized below:


	Levi Strauss & Co.										Noncontrolling Interest(1)
	Pension and Postretirement Benefits		Translation Adjustments				Unrealized Gain (Loss) on Marketable Securities
			Net Investment Hedges		Foreign Currency Translation				Total		Foreign Currency Translation		Totals

	(Dollars in thousands)
Accumulated other comprehensive (loss) income at November 26, 2017	$	(232,181)	$	(55,618)	$	(120,630)	$	4,048	$	(404,381)	$	9,538	$	(394,843)
Gross changes	4,336		21,280		(43,479)		(1,488)		(19,351)		(234)		(19,585)
Tax	(1,178)		(5,549)		5,487		388		(852)		—		(852)
Other comprehensive income (loss), net of tax	3,158		15,731		(37,992)		(1,100)		(20,203)		(234)		(20,437)
Accumulated other comprehensive (loss) income at November 25, 2018	(229,023)		(39,887)		(158,622)		2,948		(424,584)		9,304		(415,280)
Gross changes	10,248		19,026		(7,562)		4,362		26,074		312		26,386
Tax	(2,084)		(4,097)		727		(1,022)		(6,476)		—		(6,476)
Other comprehensive income (loss), net of tax	8,164		14,929		(6,835)		3,340		19,598		312		19,910
Accumulated other comprehensive (loss) income at November 24, 2019	(220,859)		(24,958)		(165,457)		6,288		(404,986)		9,616		(395,370)
Gross changes	60,915		(55,242)		10,493		9,758		25,924		(9,616)		16,308
Tax	(15,088)		13,747		(3,677)		(2,922)		(7,940)		—		(7,940)
Cumulative effect of adoption of new accounting standards (2)	(47,313)		(8,003)		—		872		(54,444)		—		(54,444)
Other comprehensive (loss) income, net of tax	(1,486)		(49,498)		6,816		7,708		(36,460)		(9,616)		(46,076)
Accumulated other comprehensive (loss) income at November 29, 2020	$	(222,345)	$	(74,456)	$	(158,641)	$	13,996	$	(441,446)	$	—	$	(441,446)

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(1)On January 9, 2020, Company completed an all cash tender offer for the acquisition of the remaining minority interest shares of Levi Strauss Japan K.K. Refer to Note 1 for additional information.

(2)Impact relates to the adoption of ASU 2018-02 Income Statement - Reporting Comprehensive Income (Topic 220). See Note 1 for more information.

No material amounts were reclassified out of "Accumulated other comprehensive loss" into net income (loss) other than those that pertain to the Company's derivative instruments and pension and post retirement benefit plans. For additional information, see Note 6 and Note 9, respectively.