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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 29, 2022
Nov. 28, 2021
Current Assets:    
Cash and cash equivalents $ 601,870 $ 810,266
Short-term investments 96,396 91,550
Trade receivables, net 609,180 707,625
Inventories 1,112,835 897,950
Other current assets 222,081 202,510
Total current assets 2,642,362 2,709,901
Property, plant and equipment, net 513,776 502,562
Goodwill 368,162 386,880
Other intangible assets, net 289,176 291,332
Deferred tax assets, net 556,120 573,114
Operating lease right-of-use assets, net 1,019,524 1,103,705
Other non-current assets 348,637 332,575
Total assets 5,737,757 5,900,069
Current Liabilities:    
Accounts payable 558,665 524,838
Accrued salaries, wages and employee benefits 221,815 274,700
Accrued sales returns and allowances 188,467 209,364
Short-term operating lease liabilities 243,841 245,369
Other accrued liabilities 517,826 615,347
Total current liabilities 1,730,614 1,869,618
Long-term debt 998,484 1,020,700
Postretirement medical benefits 47,033 51,439
Pension liability 151,105 155,218
Long-term employee related benefits 104,802 108,544
Long-term operating lease liabilities 925,049 969,482
Other long-term liabilities 52,338 59,407
Total liabilities 4,009,425 4,234,408
Commitments and contingencies
Levi Strauss & Co. stockholders’ equity    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized, 98,326,863 shares and 97,567,627 shares issued and outstanding as of May 29, 2022 and November 28, 2021, respectively; and 422,000,000 Class B shares authorized, 298,351,504 shares and 302,209,813 shares issued and outstanding, as of May 29, 2022 and November 28, 2021, respectively 397 400
Additional paid-in capital 592,827 584,774
Accumulated other comprehensive loss (394,182) (394,387)
Retained earnings 1,529,290 1,474,874
Total stockholders’ equity 1,728,332 1,665,661
Total liabilities and stockholders’ equity $ 5,737,757 $ 5,900,069