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Consolidated Balance Sheets - USD ($)
$ in Millions
May 28, 2023
Nov. 27, 2022
Current Assets:    
Cash and cash equivalents $ 471.6 $ 429.6
Short-term investments 0.0 70.6
Trade receivables, net 560.7 697.0
Inventories 1,313.5 1,416.8
Other current assets 198.4 213.9
Total current assets 2,544.2 2,827.9
Property, plant and equipment, net 660.4 622.8
Goodwill 373.2 365.7
Other intangible assets, net 284.8 286.7
Deferred tax assets, net 668.6 625.0
Operating lease right-of-use assets, net 977.8 970.0
Other non-current assets 382.8 339.7
Total assets 5,891.8 6,037.8
Current Liabilities:    
Short-term debt 136.4 11.7
Accounts payable 464.2 657.2
Accrued salaries, wages and employee benefits 190.3 246.7
Accrued sales returns and allowances 170.2 180.0
Short-term operating lease liabilities 237.4 235.7
Other accrued liabilities 599.9 650.3
Total current liabilities 1,798.4 1,981.6
Long-term debt 1,000.2 984.5
Long-term operating lease liabilities 856.3 859.1
Long-term employee related benefits and other liabilities 299.2 308.9
Total liabilities 3,954.1 4,134.1
Commitments and contingencies
Levi Strauss & Co. stockholders’ equity    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized, 99,295,195 shares and 96,028,351 shares issued and outstanding as of May 28, 2023 and November 27, 2022, respectively; and 422,000,000 Class B shares authorized, 297,365,829 shares and 297,703,442 shares issued and outstanding, as of May 28, 2023 and November 27, 2022, respectively 0.4 0.4
Additional paid-in capital 649.9 625.6
Accumulated other comprehensive loss (421.7) (421.7)
Retained earnings 1,709.1 1,699.4
Total stockholders’ equity 1,937.7 1,903.7
Total liabilities and stockholders’ equity $ 5,891.8 $ 6,037.8