Comprehensive Income (Loss)

3 Months Ended

12 Months Ended

Feb. 26, 2012

Nov. 27, 2011

Dividend Payment/Comprehensive Income (Loss) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE 7:    COMPREHENSIVE INCOME (LOSS)

The following is a summary of the components of total comprehensive income (loss), net of related income taxes:

	Three Months Ended
	February 26, 2012			February 27, 2011
	(Dollars in thousands)
Net income	$	49,297		$	39,168
Other comprehensive income (loss):
Pension and postretirement benefits		296			515
Net investment hedge gains (losses)		525			(8,890	)
Foreign currency translation gains		7,424			8,527
Unrealized gain on marketable securities		1,268			574
Total other comprehensive income		9,513			726
Comprehensive income		58,810			39,894
Comprehensive loss attributable to noncontrolling interest		(254	)		(1,291	)
Comprehensive income attributable to Levi Strauss & Co.	$	59,064		$	41,185

The following is a summary of the components of “Accumulated other comprehensive loss,” net of related income taxes:

	February 26, 2012			November 27, 2011
	(Dollars in thousands)
Pension and postretirement benefits	$	(255,388	)	$	(255,684	)
Net investment hedge losses		(28,168	)		(28,693	)
Foreign currency translation losses		(42,785	)		(50,209	)
Unrealized gain (loss) on marketable securities		721			(547	)
Accumulated other comprehensive loss		(325,620	)		(335,133	)
Accumulated other comprehensive income attributable to noncontrolling interest		10,536			10,869
Accumulated other comprehensive loss attributable to Levi Strauss & Co.	$	(336,156	)	$	(346,002	)

NOTE 15:    ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive income (loss) is summarized below:

	Levi Strauss & Co.
				Translation Adjustments						Unrealized Gain  (Loss) on Marketable Securities
	Pension and Postretirement Benefits(1)			Net Investment Hedges			Foreign Currency Translation						Total			Noncontrolling Interest		Totals
	(Dollars in thousands)
Accumulated other comprehensive income (loss) at November 30, 2008	$	(68,161	)	$	(12,297	)	$	(43,476	)	$	(3,981	)	$	(127,915	)	$	8,051	$	(119,864	)
Gross changes		(178,577	)		(59,429	)		21,550			3,178			(213,278	)		1,894		(211,384	)
Tax		69,858			22,409			331			(1,272	)		91,326			—		91,326
Other comprehensive income (loss), net of tax		(108,719	)		(37,020	)		21,881			1,906			(121,952	)		1,894		(120,058	)
Accumulated other comprehensive income (loss) at November 29, 2009		(176,880	)		(49,317	)		(21,595	)		(2,075	)		(249,867	)		9,945		(239,922	)
Gross changes		(34,625	)		37,143			(20,833	)		3,615			(14,700	)		130		(14,570	)
Tax		12,698			(14,215	)		(4,701	)		(1,383	)		(7,601	)		—		(7,601	)
Other comprehensive income (loss), net of tax		(21,927	)		22,928			(25,534	)		2,232			(22,301	)		130		(22,171	)
Accumulated other comprehensive income (loss) at November 28, 2010		(198,807	)		(26,389	)		(47,129	)		157			(272,168	)		10,075		(262,093	)
Gross changes		(92,480	)		(3,758	)		(10,881	)		(1,149	)		(108,268	)		794		(107,474	)
Tax		35,603			1,454			(3,068	)		445			34,434			—		34,434
Other comprehensive income (loss), net of tax		(56,877	)		(2,304	)		(13,949	)		(704	)		(73,834	)		794		(73,040	)
Accumulated other comprehensive income (loss) at November 27, 2011	$	(255,684	)	$	(28,693	)	$	(61,078	)	$	(547	)	$	(346,002	)	$	10,869	$	(335,133	)

(1) Pension and postretirement benefit amounts primarily resulted from the actuarial losses recorded in conjunction with the year-end remeasurements of pension obligations, and were principally due to a decline in discount rates caused by changes in the financial markets, including a decrease in corporate bond yield indices.