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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 29, 2021
Nov. 29, 2020
Current Assets:    
Cash and cash equivalents $ 1,376,625 $ 1,497,155
Short-term investments 95,511 96,531
Trade receivables, net 667,291 540,227
Inventories 902,346 817,692
Other current assets 189,252 174,636
Total current assets 3,231,025 3,126,241
Property, plant and equipment, net 456,260 454,532
Goodwill 265,534 264,768
Other intangible assets, net 46,731 47,426
Deferred tax assets, net 556,815 497,556
Operating lease right-of-use assets, net 1,136,465 988,801
Other non-current assets 297,942 261,917
Total assets 5,990,772 5,641,241
Current Liabilities:    
Short-term debt 7,485 17,631
Accounts payable 551,534 375,450
Accrued salaries, wages and employee benefits 242,688 179,081
Restructuring liabilities 30,204 54,723
Accrued income taxes 35,720 21,986
Accrued sales returns and allowances 196,910 185,868
Short-term operating lease liabilities 248,578 237,142
Other accrued liabilities 455,926 477,001
Total current liabilities 1,769,045 1,548,882
Long-term debt 1,243,313 1,546,700
Postretirement medical benefits 55,362 60,249
Pension liability 165,907 168,721
Long-term employee related benefits 106,595 94,654
Long-term operating lease liabilities 992,716 858,293
Other long-term liabilities 47,948 64,267
Total liabilities 4,380,886 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, 95,813,263 shares and 74,352,481 shares issued and outstanding as of August 29, 2021 and November 29, 2020, respectively; and 422,000,000 Class B shares authorized, 306,207,267 shares and 323,547,674 shares issued and outstanding, as of August 29, 2021 and November 29, 2020, respectively 402 398
Additional paid-in capital 598,756 626,243
Accumulated other comprehensive loss (431,817) (441,446)
Retained earnings 1,442,545 1,114,280
Total stockholders’ equity 1,609,886 1,299,475
Total liabilities and stockholders’ equity $ 5,990,772 $ 5,641,241