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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 28, 2022
Nov. 28, 2021
Current Assets:    
Cash and cash equivalents $ 498,887 $ 810,266
Short-term investments 100,521 91,550
Trade receivables, net 660,382 707,625
Inventories 1,292,302 897,950
Other current assets 227,942 202,510
Total current assets 2,780,034 2,709,901
Property, plant and equipment, net 546,759 502,562
Goodwill 365,227 386,880
Other intangible assets, net 287,727 291,332
Deferred tax assets, net 566,068 573,114
Operating lease right-of-use assets, net 994,229 1,103,705
Other non-current assets 359,154 332,575
Total assets 5,899,198 5,900,069
Current Liabilities:    
Accounts payable 690,322 524,838
Accrued salaries, wages and employee benefits 229,287 274,700
Accrued sales returns and allowances 179,901 209,364
Short-term operating lease liabilities 238,967 245,369
Other accrued liabilities 527,115 615,347
Total current liabilities 1,865,592 1,869,618
Long-term debt 963,505 1,020,700
Postretirement medical benefits 45,066 51,439
Pension liability 146,804 155,218
Long-term employee related benefits 104,170 108,544
Long-term operating lease liabilities 892,740 969,482
Other long-term liabilities 52,322 59,407
Total liabilities 4,070,199 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, 97,762,452 shares and 97,567,627 shares issued and outstanding as of August 28, 2022 and November 28, 2021, respectively; and 422,000,000 Class B shares authorized, 297,755,270 shares and 302,209,813 shares issued and outstanding, as of August 28, 2022 and November 28, 2021, respectively 396 400
Additional paid-in capital 609,619 584,774
Accumulated other comprehensive loss (409,293) (394,387)
Retained earnings 1,628,277 1,474,874
Total stockholders’ equity 1,828,999 1,665,661
Total liabilities and stockholders’ equity $ 5,899,198 $ 5,900,069