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Restructuring Activities (Tables)
6 Months Ended
May 26, 2024
Restructuring and Related Activities [Abstract]  
Summary of Activities Associated with Restructuring Liabilities
The following tables summarize the activities associated with restructuring liabilities for the three-month and six-month periods May 26, 2024. "Net Charges (Reversals)" represents the initial charge related to the restructuring activity as well as revisions of estimates related to severance and employee-related benefits and other, "Payments" consists of cash payments for severance and employee-related benefits and other, and "Foreign Currency Fluctuations" includes foreign currency fluctuations.
 
Three Months Ended May 26, 2024
 Liabilities
Net Charges (Reversals)
Payments
Foreign Currency Fluctuations
Liabilities
February 25,
2024
May 26,
2024
 
(Dollars in millions)
Severance and employee-related benefits
$123.0 $32.6 $(22.6)$0.6 $133.6 
Contract termination costs and other
— 22.5 (2.1)— 20.4 
Total
$123.0 $55.1 $(24.7)$0.6 $154.0 
 
Six Months Ended May 26, 2024
 Liabilities
Net Charges (Reversals)(1)
Payments
Foreign Currency Fluctuations
Liabilities
November 26,
2023
May 26,
2024
 
(Dollars in millions)
Severance and employee-related benefits
$17.8 $146.0 $(31.0)$0.8 $133.6 
Contract termination costs and other
0.2 22.5 (2.2)(0.1)20.4 
Total
$18.0 $168.5 $(33.2)$0.7 $154.0 
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(1)Excludes $2.0 million in stock compensation related charge recorded in Additional paid-in capital and $0.8 million in operating lease termination for the six-month period ended May 26, 2024.