XML 31 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Balance Sheets (USD $)
In Thousands
Aug. 28, 2011
Nov. 28, 2010
Current Assets:    
Cash and cash equivalents $ 230,844 $ 269,726
Restricted cash 7,432 4,028
Trade receivables, net of allowance for doubtful accounts of $22,778 and $24,617 539,042 553,385
Inventories:    
Raw materials 7,960 6,770
Work-in-process 13,421 9,405
Finished goods 709,253 563,728
Total inventories 730,634 579,903
Deferred tax assets, net 143,466 137,892
Other current assets 140,546 106,198
Total current assets 1,791,964 1,651,132
Property, plant and equipment, net of accumulated depreciation of $729,843 and $683,258 507,933 488,603
Goodwill 243,680 241,472
Other intangible assets, net 76,015 84,652
Non-current deferred tax assets, net 558,881 559,053
Other assets 109,285 110,337
Total assets 3,287,758 3,135,249
Current Liabilities:    
Short-term debt 129,010 46,418
Current maturities of long-term debt 0 0
Current maturities of capital leases 1,740 1,777
Accounts payable 248,806 212,935
Other accrued liabilities 233,871 275,443
Accrued salaries, wages and employee benefits 192,553 196,152
Accrued interest payable 37,319 9,685
Accrued income taxes 18,333 17,115
Total current liabilities 861,632 759,525
Long-term debt 1,856,237 1,816,728
Long-term capital leases 2,795 3,578
Postretirement medical benefits 139,410 147,065
Pension liability 326,344 400,584
Long-term employee related benefits 94,441 102,764
Long-term income tax liabilities 48,659 50,552
Other long-term liabilities 54,250 54,281
Total liabilities 3,383,768 3,335,077
Commitments and contingencies    
Temporary equity 10,720 8,973
Levi Strauss & Co. stockholders' deficit    
Common stock - $.01 par value; 270,000,000 shares authorized; 37,346,643 shares and 37,322,358 shares issued and outstanding 373 373
Additional paid-in capital 24,857 18,840
Retained earnings 106,894 33,346
Accumulated other comprehensive loss (247,555) (272,168)
Total Levi Strauss & Co. stockholders' deficit (115,431) (219,609)
Noncontrolling interest 8,701 10,808
Total stockholders' deficit (106,730) (208,801)
Total liabilities, temporary equity and stockholders' deficit $ 3,287,758 $ 3,135,249