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Schedule II: Valuation and Qualifying Acounts
12 Months Ended
Nov. 27, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts
SCHEDULE II
LEVI STRAUSS & CO. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
Allowance for Credit LossesBalance at
Beginning of
Period
Additions
Charged to
Expenses
Deductions(1)
Balance at
End of
Period
(Dollars in millions)
November 27, 2022$11.6 (1.1)3.0 $7.5 
November 28, 2021$14.7 (0.2)2.9 $11.6 
November 29, 2020$6.2 7.8 (0.7)$14.7 
Sales ReturnsBalance at
Beginning of
Period
Additions
Charged to
Net Sales
Deductions(1)
Balance at
End of
Period
(Dollars in millions)
November 27, 2022
$57.4 327.0 330.0 $54.4 
November 28, 2021
$51.4 312.8 306.8 $57.4 
November 29, 2020
$47.8 295.4 291.8 $51.4 
Sales Discounts and IncentivesBalance at
Beginning of
Period
Additions
Charged to
Net Sales
Deductions(1)
Balance at
End of
Period
(Dollars in millions)
November 27, 2022
$152.4 436.1 462.1 $126.4 
November 28, 2021
$136.0 419.4 403.0 $152.4 
November 29, 2020
$125.1 304.6 293.7 $136.0 
Valuation Allowance Against Deferred Tax AssetsBalance at
Beginning of
Period
Charges/
(Releases)
to Tax
Expense
(Additions)/
Deductions
Balance at
End of
Period
(Dollars in millions)
November 27, 2022$45.9 4.3 0.6 $49.6 
November 28, 2021$38.5 4.9 (2.5)$45.9 
November 29, 2020$19.6 18.3 (0.6)$38.5 
_____________
(1)The charges to the accounts are for the purposes for which the allowances were created.