Accumulated Other Comprehensive Loss

12 Months Ended

Nov. 26, 2023

The following is a summary of the components of "Accumulated other comprehensive loss", net of related income taxes:


	Pension and Postretirement Benefits		Translation Adjustments				Unrealized Gain (Loss) on Marketable Securities
			Derivative Instruments		Foreign Currency Translation				Total

	(Dollars in millions)
Accumulated other comprehensive loss at November 29, 2020	$	(222.4)	$	(74.4)	$	(158.6)	$	14.0	$	(441.4)
Other comprehensive income (loss) before reclassifications	16.0		34.2		(38.2)		4.8		16.8
Amounts reclassified from accumulated other comprehensive loss	10.9		19.3		—		—		30.2
Net increase (decrease) in other comprehensive income (loss)	26.9		53.5		(38.2)		4.8		47.0
Accumulated other comprehensive loss at November 28, 2021	(195.5)		(20.9)		(196.8)		18.8		(394.4)
Other comprehensive income (loss) before reclassifications	7.5		48.9		(51.9)		(16.6)		(12.1)
Amounts reclassified from accumulated other comprehensive loss	8.5		(20.8)		—		—		(12.3)
Adjustment of accumulated other comprehensive gain to retained earnings	—		—		—		(2.9)		(2.9)
Net increase (decrease) in other comprehensive income (loss)	16.0		28.1		(51.9)		(19.5)		(27.3)
Accumulated other comprehensive loss at November 27, 2022	(179.5)		7.2		(248.7)		(0.7)		(421.7)
Other comprehensive income (loss) before reclassifications	(1.4)		(28.1)		53.0		0.1		23.6
Amounts reclassified from accumulated other comprehensive loss	27.7		(21.1)		—		0.6		7.2
Net increase (decrease) in other comprehensive income (loss)	26.3		(49.2)		53.0		0.7		30.8
Accumulated other comprehensive loss at November 26, 2023	$	(153.2)	$	(42.0)	$	(195.7)	$	—	$	(390.9)

No material amounts were reclassified out of “Accumulated other comprehensive loss” into net income other than those that pertain to the Company's derivative instruments and pension and post retirement benefit plans. For additional information, see Note 7 and Note 10, respectively.