Debt (Tables)

12 Months Ended

Nov. 29, 2020

Debt Disclosure [Abstract]

Schedule of long-term and short-term debt instruments

The following table presents the Company's debt: 

	November 29, 2020		November 24, 2019
	(Dollars in thousands)
Long-term debt
5.00% senior notes due 2025	$	986,252	$	487,632
3.375% senior notes due 2027	560,448		519,113
Total long-term debt	$	1,546,700	$	1,006,745
Short-term debt
Short-term borrowings	17,631		7,621
Total debt	$	1,564,331	$	1,014,366

Principal payments on short-term and long-term debt

The table below sets forth, as of November 29, 2020, the Company's required aggregate short-term and long-term debt principal payments (inclusive of premium and discount):

	(Dollars in thousands)
2021	$	17,631
2022	—
2023	—
2024	—
2025	995,362
Thereafter	565,820
Total future debt principal payments	$	1,578,813