BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

12 Months Ended

Mar. 01, 2015

Nov. 30, 2014

Segment Reporting [Abstract]

Reconciliation of operating profit (loss)

Business segment information for the Company is as follows:

	Three Months Ended
	March 1, 2015			February 23, 2014
	(Dollars in thousands)
Net revenues:
Americas	$	574,087		$	626,836
Europe		277,488			300,426
Asia		203,500			202,728
Total net revenues	$	1,055,075		$	1,129,990
Operating income:
Americas	$	102,292		$	111,052
Europe		58,189			71,406
Asia		47,340			46,902
Regional operating income		207,821			229,360
Corporate:
Restructuring, net		4,338			57,935
Restructuring-related charges		8,007			6,441
Other corporate staff costs and expenses		88,031			71,328
Corporate expenses		100,376			135,704
Total operating income		107,445			93,656
Interest expense		(23,312	)		(31,829	)
Other income (expense), net		(26,028	)		4,183
Income before income taxes	$	58,105		$	66,010

Business segment information for the Company is as follows:

	Year Ended
	November 30, 2014			November 24, 2013			November 25, 2012
	(Dollars in thousands)
Net revenues:
Americas	$	2,862,867		$	2,851,037		$	2,749,327
Europe		1,143,313			1,103,487			1,103,212
Asia		747,812			727,167			757,654
Total net revenues	$	4,753,992		$	4,681,691		$	4,610,193
Operating income:
Americas	$	531,064		$	510,496		$	431,552
Europe		181,036			167,605			178,313
Asia		108,511			123,723			66,839
Regional operating income		820,611			801,824			676,704
Corporate:
Restructuring, net		128,425			—			—
Restructuring-related charges		27,621			—			—
Lump-sum pension settlement loss		30,666			—			—
Other corporate staff costs and expenses(1)		320,048			336,317			342,725
Corporate expenses		506,760			336,317			342,725
Total operating income		313,851			465,507			333,979
Interest expense		(117,597	)		(129,024	)		(134,694	)
Loss on early extinguishment of debt		(20,343	)		(689	)		(8,206	)
Other income (expense), net		(22,057	)		(13,181	)		4,802
Income before income taxes	$	153,854		$	322,613		$	195,881

(1) Included in other corporate staff costs and expenses for the year ended November 25, 2012, is an $18.8 million impairment charge related to the Company’s decision in the third quarter of 2012 to outsource distribution in Japan to a third party and close its owned distribution center in that country.

Reconciliation of other significant reconciling items

	Year Ended
	November 30, 2014		November 24, 2013		November 25, 2012
	(Dollars in thousands)
Depreciation and amortization expense:
Americas	$	29,508	$	37,520	$	43,368
Europe		20,564		20,597		21,891
Asia		8,501		9,422		12,887
Corporate		50,901		48,181		44,462
Total depreciation and amortization expense	$	109,474	$	115,720	$	122,608

Reconciliation of assets

	November 30, 2014
	Americas		Europe		Asia		Unallocated		Consolidated Total
	(Dollars in thousands)
Assets:
Trade receivables, net	$	322,501	$	93,604	$	48,468	$	17,408	$	481,981
Inventories		289,838		143,990		101,477		65,611		600,916
All other assets		—		—		—		1,841,176		1,841,176
Total assets									$	2,924,073

	November 24, 2013
	Americas		Europe		Asia		Unallocated		Consolidated Total
	(Dollars in thousands)
Assets:
Trade receivables, net	$	288,360	$	101,010	$	40,520	$	16,781	$	446,671
Inventories		338,849		117,442		113,212		34,364		603,867
All other assets		—		—		—		2,076,880		2,076,880
Total assets									$	3,127,418

Reconciliation of revenue

Geographic information for the Company was as follows:

	Year Ended
	November 30, 2014		November 24, 2013		November 25, 2012
	(Dollars in thousands)
Net revenues:
United States	$	2,490,994	$	2,497,756	$	2,412,647
Foreign countries		2,262,998		2,183,935		2,197,546
Total net revenues	$	4,753,992	$	4,681,691	$	4,610,193
Deferred tax assets:
United States	$	580,122	$	567,984	$	647,767
Foreign countries		80,742		66,121		81,373
Total deferred tax assets	$	660,864	$	634,105	$	729,140
Long-lived assets:
United States	$	322,329	$	346,533	$	353,567
Foreign countries		84,507		110,387		123,977
Total long-lived assets	$	406,836	$	456,920	$	477,544