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Consolidated Balance Sheets - USD ($)
$ in Millions
May 26, 2024
Nov. 26, 2023
Current Assets:    
Cash and cash equivalents $ 641.4 $ 398.8
Trade receivables, net 581.8 752.7
Inventories 1,220.0 1,290.1
Other current assets 206.8 196.0
Total current assets 2,650.0 2,637.6
Property, plant and equipment, net 686.4 680.7
Goodwill 317.6 303.7
Other intangible assets, net 275.4 267.6
Deferred tax assets, net 774.2 729.5
Operating lease right-of-use assets, net 1,062.7 1,033.9
Other non-current assets 419.6 400.6
Total assets 6,185.9 6,053.6
Current Liabilities:    
Accounts payable 623.1 567.9
Accrued salaries, wages and employee benefits 205.7 214.9
Accrued sales returns and allowances 165.8 189.8
Short-term operating lease liabilities 246.0 245.5
Other accrued liabilities 628.5 569.4
Total current liabilities 1,869.1 1,787.5
Long-term debt 1,006.0 1,009.4
Long-term operating lease liabilities 937.8 913.1
Long-term employee related benefits and other liabilities 419.3 297.2
Total liabilities 4,232.2 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, 104,598,166 shares and 102,104,670 shares issued and outstanding as of May 26, 2024 and November 26, 2023, respectively; and 422,000,000 Class B shares authorized, 292,825,765 shares and 295,243,353 shares issued and outstanding, as of May 26, 2024 and November 26, 2023, respectively 0.4 0.4
Additional paid-in capital 708.0 686.7
Accumulated other comprehensive loss (374.7) (390.9)
Retained earnings 1,620.0 1,750.2
Total stockholders’ equity 1,953.7 2,046.4
Total liabilities and stockholders’ equity $ 6,185.9 $ 6,053.6