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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 25, 2024
Nov. 26, 2023
Current Assets:    
Cash and cash equivalents $ 516.7 $ 398.8
Trade receivables, net 661.6 752.7
Inventories 1,150.4 1,290.1
Other current assets 196.1 196.0
Total current assets 2,524.8 2,637.6
Property, plant and equipment, net 673.8 680.7
Goodwill 296.1 303.7
Other intangible assets, net 266.2 267.6
Deferred tax assets, net 761.7 729.5
Operating lease right-of-use assets, net 1,021.5 1,033.9
Other non-current assets 417.4 400.6
Total assets 5,961.5 6,053.6
Current Liabilities:    
Accounts payable 497.6 567.9
Accrued salaries, wages and employee benefits 180.9 214.9
Accrued sales returns and allowances 172.5 189.8
Short-term operating lease liabilities 245.6 245.5
Other accrued liabilities 673.8 569.4
Total current liabilities 1,770.4 1,787.5
Long-term debt 1,006.0 1,009.4
Long-term operating lease liabilities 897.8 913.1
Long-term employee related benefits and other liabilities 311.2 297.2
Total liabilities 3,985.4 4,007.2
Commitments and contingencies
Levi Strauss & Co. stockholders’ equity    
Common stock — $0.001 par value; 1,200,000,000 Class A shares authorized, 102,412,794 shares and 102,104,670 shares issued and outstanding as of February 25, 2024 and November 26, 2023, respectively; and 422,000,000 Class B shares authorized, 295,616,438 shares and 295,243,353 shares issued and outstanding, as of February 25, 2024 and November 26, 2023, respectively 0.4 0.4
Additional paid-in capital 692.3 686.7
Accumulated other comprehensive loss (383.3) (390.9)
Retained earnings 1,666.7 1,750.2
Total stockholders’ equity 1,976.1 2,046.4
Total liabilities and stockholders’ equity $ 5,961.5 $ 6,053.6