Consolidated Statements of Financial Condition - USD ($) $ in Thousands		May 31, 2019	Nov. 30, 2018
ASSETS
Cash and cash equivalents		$ 5,393,737	$ 5,258,809
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations		543,429	707,960
Financial instruments owned, at fair value (including securities pledged of $12,176,602 and $13,059,802):
Trading assets, at fair value		17,178,584	17,463,256
Available for sale securities		0	1,409,886
Total financial instruments owned		17,178,584	18,873,142
Loans to and investments in associated companies		2,415,894	2,417,332
Securities borrowed		7,713,886	6,538,212
Securities purchased under agreements to resell		4,027,332	2,785,758
Receivables		6,911,314	6,287,401
Intangible assets, net and goodwill		1,882,930	1,890,131
Deferred tax asset, net		471,506	512,789
Other assets		1,985,328	1,859,561
Total assets	[1]	48,523,940	47,131,095
LIABILITIES
Short-term borrowings		510,435	387,492
Trading liabilities, at fair value		10,113,390	9,478,946
Securities loaned		2,327,805	1,838,688
Securities sold under agreements to repurchase		8,861,457	8,643,069
Other secured financings		1,799,569	1,534,271
Payables, expense accruals and other liabilities		7,029,001	7,407,030
Long-term debt		7,860,984	7,617,563
Total liabilities	[1]	38,502,641	36,907,059
Commitments and contingencies
MEZZANINE EQUITY
Redeemable noncontrolling interests		18,938	19,779
Mandatorily redeemable convertible preferred shares		125,000	125,000
EQUITY
Common shares, par value $1 per share, authorized 600,000,000 shares; 290,686,834 and 307,515,472 shares issued and outstanding, after deducting 26,360,042 and 109,460,774 shares held in treasury		290,687	307,515
Additional paid-in capital		3,559,156	3,854,847
Accumulated other comprehensive income (loss)		(242,824)	288,286
Retained earnings		6,246,852	5,610,218
Total Jefferies Financial Group Inc. shareholders’ equity		9,853,871	10,060,866
Noncontrolling interests		23,490	18,391
Total equity		9,877,361	10,079,257
Total		$ 48,523,940	$ 47,131,095

[1] Total assets include assets related to variable interest entities of $587.6 million and $704.4 million at May 31, 2019 and November 30, 2018, respectively, and Total liabilities include liabilities related to variable interest entities of $1,800.9 million and $1,535.8 million at May 31, 2019 and November 30, 2018, respectively. See Note 8 for additional information related to variable interest entities.