ACCUMULATED OTHER COMPREHENSIVE LOSS

3 Months Ended

12 Months Ended

Feb. 24, 2013

Nov. 25, 2012

ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE 8:    ACCUMULATED OTHER COMPREHENSIVE LOSS

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

	February 24, 2013			November 25, 2012
	(Dollars in thousands)
Pension and postretirement benefits	$	(327,052	)	$	(330,961	)
Net investment hedge losses		(22,491	)		(18,853	)
Foreign currency translation losses		(58,520	)		(55,423	)
Unrealized gain on marketable securities		52			1,014
Accumulated other comprehensive loss		(408,011	)		(404,223	)
Accumulated other comprehensive income attributable to noncontrolling interest		9,751			10,412
Accumulated other comprehensive loss attributable to Levi Strauss & Co.	$	(417,762	)	$	(414,635	)

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 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	)
Gross changes		(119,450	)		16,070			(4,755	)		2,549			(105,586	)		(457	)		(106,043	)
Tax		44,173			(6,230	)		(2	)		(988	)		36,953			—			36,953
Other comprehensive income (loss), net of tax		(75,277	)		9,840			(4,757	)		1,561			(68,633	)		(457	)		(69,090	)
Accumulated other comprehensive income (loss) at November 25, 2012	$	(330,961	)	$	(18,853	)	$	(65,835	)	$	1,014		$	(414,635	)	$	10,412		$	(404,223	)

(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.