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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 28, 2021
Nov. 29, 2020
Current Assets:    
Cash and cash equivalents $ 810,266 $ 1,497,155
Short-term investments in marketable securities 91,550 96,531
Trade receivables, net 707,625 540,227
Inventories 897,950 817,692
Other current assets 202,510 174,636
Total current assets 2,709,901 3,126,241
Property, plant and equipment, net 502,562 454,532
Goodwill 386,880 264,768
Other intangible assets, net 291,332 47,426
Deferred tax assets, net 573,114 497,556
Operating lease right-of-use assets, net 1,103,705 988,801
Other non-current assets 332,575 261,917
Total assets 5,900,069 5,641,241
Current Liabilities:    
Short-term debt 5,862 17,631
Accounts payable 524,838 375,450
Accrued salaries, wages and employee benefits 274,700 179,081
Restructuring liabilities 19,106 54,723
Accrued income taxes 14,477 21,986
Accrued sales returns and allowances 209,364 185,868
Short-term operating lease liabilities 245,369 237,142
Other accrued liabilities 575,902 477,001
Total current liabilities 1,869,618 1,548,882
Long-term debt 1,020,700 1,546,700
Postretirement medical benefits 51,439 60,249
Pension liabilities 155,218 168,721
Long-term employee related benefits 108,544 94,654
Long-term operating lease liabilities 969,482 858,293
Other long-term liabilities 59,407 64,267
Total liabilities 4,234,408 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; 97,567,627 shares and 74,352,481 shares issued and outstanding as of November 28, 2021 and November 29, 2020, respectively; and 422,000,000 Class B shares authorized, 302,209,813 shares and 323,547,674 shares issued and outstanding, as of November 28, 2021 and November 29, 2020, respectively 400 398
Additional paid-in capital 584,774 626,243
Accumulated other comprehensive loss (394,387) (441,446)
Retained earnings 1,474,874 1,114,280
Total stockholders’ equity 1,665,661 1,299,475
Total liabilities and stockholders’ equity $ 5,900,069 $ 5,641,241