XML 18 R3.htm IDEA: XBRL DOCUMENT v3.23.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 26, 2023
Nov. 27, 2022
Current Assets:    
Cash and cash equivalents $ 398.8 $ 429.6
Short-term investments in marketable securities 0.0 70.6
Trade receivables, net 752.7 697.0
Inventories 1,290.1 1,416.8
Other current assets 196.0 213.9
Total current assets 2,637.6 2,827.9
Property, plant and equipment, net 680.7 622.8
Goodwill 303.7 365.7
Other intangible assets, net 267.6 286.7
Deferred tax assets, net 729.5 625.0
Operating lease right-of-use assets, net 1,033.9 970.0
Other non-current assets 400.6 339.7
Total assets 6,053.6 6,037.8
Current Liabilities:    
Accounts payable 567.9 657.2
Accrued salaries, wages and employee benefits 214.9 246.7
Accrued sales returns and allowances 189.8 180.0
Short-term operating lease liabilities 245.5 235.7
Other accrued liabilities 569.4 662.0
Total current liabilities 1,787.5 1,981.6
Long-term debt 1,009.4 984.5
Postretirement medical benefits 33.6 36.3
Pension liabilities 111.1 113.1
Long-term employee related benefits 102.2 104.9
Long-term operating lease liabilities 913.1 859.1
Other long-term liabilities 50.3 54.6
Total liabilities 4,007.2 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; 102,104,670 shares and 96,028,351 shares issued and outstanding as of November 26, 2023 and November 27, 2022, respectively; and 422,000,000 Class B shares authorized, 295,243,353 shares and 297,703,442 shares issued and outstanding, as of November 26, 2023 and November 27, 2022, respectively 0.4 0.4
Additional paid-in capital 686.7 625.6
Accumulated other comprehensive loss (390.9) (421.7)
Retained earnings 1,750.2 1,699.4
Total Levi Strauss & Co. stockholders’ equity 2,046.4 1,903.7
Total liabilities and stockholders’ equity $ 6,053.6 $ 6,037.8