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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2021
Nov. 29, 2020
Current Assets:    
Cash and cash equivalents $ 1,973,602 $ 1,497,155
Short-term investments 94,273 96,531
Trade receivables, net 600,271 540,227
Inventories 835,357 817,692
Other current assets 192,092 174,636
Total current assets 3,695,595 3,126,241
Property, plant and equipment, net 440,857 454,532
Goodwill 267,072 264,768
Other intangible assets, net 47,274 47,426
Deferred tax assets, net 517,202 497,556
Operating lease right-of-use assets, net 1,006,107 988,801
Other non-current assets 262,087 261,917
Total assets 6,236,194 5,641,241
Current Liabilities:    
Short-term debt 8,059 17,631
Current maturities of long-term debt 789,283 0
Accounts payable 420,616 375,450
Accrued salaries, wages and employee benefits 165,855 179,081
Restructuring liabilities 45,300 54,723
Accrued income taxes 29,206 21,986
Accrued sales returns and allowances 193,416 185,868
Short-term operating lease liabilities 254,676 237,142
Other accrued liabilities 417,321 477,001
Total current liabilities 2,323,732 1,548,882
Long-term debt 1,262,704 1,546,700
Postretirement medical benefits 58,992 60,249
Pension liability 168,549 168,721
Long-term employee related benefits 97,719 94,654
Long-term operating lease liabilities 856,103 858,293
Other long-term liabilities 61,411 64,267
Total liabilities 4,829,210 4,341,766
Commitments and contingencies
Levi Strauss & Co. stockholders’ equity    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized, 80,774,783 shares and 74,352,481 shares issued and outstanding as of February 28, 2021 and November 29, 2020, respectively; and 422,000,000 Class B shares authorized, 319,050,011 shares and 323,547,674 shares issued and outstanding, as of February 28, 2021 and November 29, 2020, respectively 400 398
Additional paid-in capital 609,068 626,243
Accumulated other comprehensive loss (443,276) (441,446)
Retained earnings 1,240,792 1,114,280
Total stockholders’ equity 1,406,984 1,299,475
Total liabilities and stockholders’ equity $ 6,236,194 $ 5,641,241