Debt (Tables)

12 Months Ended

Nov. 28, 2021

Debt Disclosure [Abstract]

Schedule of long-term and short-term debt instruments

The following table presents the Company's debt: 

	November 28, 2021		November 29, 2020
	(Dollars in thousands)
Long-term debt
5.00% senior notes due 2025	$	—	$	986,252
3.375% senior notes due 2027	527,644		560,448
3.50% senior notes due 2031	493,056		—
Total long-term debt	$	1,020,700	$	1,546,700
Short-term debt
Short-term borrowings	5,862		17,631
Total debt	$	1,026,562	$	1,564,331

Principal payments on short-term and long-term debt

The table below sets forth, as of November 28, 2021, the Company's required aggregate short-term and long-term debt principal payments (inclusive of premium and discount):

	(Dollars in thousands)
2022	$	5,862
2023	—
2024	—
2025	—
2026
Thereafter	1,032,285
Total future debt principal payments	$	1,038,147