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Schedule I (PARENT COMPANY ONLY) - CONDENSED STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Cash flows from operating activities:      
Net earnings $ 781,710 $ 1,677,376 [1] $ 768,410 [1]
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Deferred income taxes (70,396) 96,890 64,667
Share-based compensation 43,919 78,160 40,038
(Income) loss on investments in and loans to related parties 36,287 (149,885) 75,177
Other adjustments (601,303) (89,004) 320,611
Net change in assets and liabilities:      
Financial instruments owned (773,523) (1,314,603) (877,088)
Other assets (230,722) (225,916) 167,889
Financial instruments sold, not yet purchased 1,875,957 992,199 (1,014,535)
Accrued expenses and other liabilities (715,432) 527,910 1,179,136
Net cash provided by operating activities 1,804,849 1,582,290 2,055,439
Cash flows from investing activities:      
Contributions to investments in and loans to related parties (351,645) (2,339,447) (1,666,323)
Capital distributions from investments and repayments of loans from related parties 286,578 2,310,186 1,552,161
Originations and purchases of automobile loans, notes and other receivables (527,929) (611,486) (813,867)
Other 8,641 (1,174) 4,215
Net cash used in investing activities (60,539) (409,865) (165,683)
Cash flows from financing activities:      
Proceeds from short-term borrowings 3,659,098 1,005,000 1,619,820
Payments on short-term borrowings (3,338,000) (1,556,090) (1,368,255)
Proceeds from issuance of long-term debt, net of issuance costs 1,198,565 2,488,493 1,516,693
Repayment of long-term debt (824,894) (1,646,224) (1,716,276)
Purchase of common shares for treasury (859,593) (269,400) (816,871)
Dividends paid (280,104) (222,798) (160,940)
Net cash provided by (used in) financing activities (2,843,225) 994,294 (723,525)
Net increase (decrease) in cash, cash equivalents and restricted cash (1,121,060) 2,163,332 1,184,537
Cash, cash equivalents and restricted cash at beginning of period 11,828,304 9,664,972 8,480,435
Cash, cash equivalents and restricted cash at end of period 10,707,244 11,828,304 9,664,972
Cash paid during the period for:      
Interest 1,164,093 936,272 1,080,368
Income taxes, net 214,066 727,126 25
Parent company      
Cash flows from operating activities:      
Net earnings 785,449 1,674,352 775,239
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Deferred income taxes (38,875) 27,933 (1,787)
Share-based compensation 43,919 78,160 40,038
Amortization 1,322 (24,379) (36,708)
Undistributed earnings of subsidiaries (905,915) (1,714,959) (877,871)
(Income) loss on investments in and loans to related parties 71,405 (101,302) 42,412
Other adjustments (560,325) (203,947) 187,486
Net change in assets and liabilities:      
Financial instruments owned 200,903 (76,852) 78,592
Other assets 129,322 (171,933) (4,069)
Financial instruments sold, not yet purchased 1,382 3,491 (2,307)
Income taxes receivable/payable, net (158,732) (62,531) 65,057
Accrued expenses and other liabilities 233,217 (126,894) 446,386
Net cash provided by operating activities (196,928) (698,861) 712,468
Cash flows from investing activities:      
Contributions to investments in and loans to related parties (118) 0 (50,000)
Capital distributions from investments and repayments of loans from related parties 22 50,000 0
Originations and purchases of automobile loans, notes and other receivables 0 (50,000) (23,000)
Principal collections of loan receivables 0 0 23,000
Distribution (to) from subsidiaries, net 2,921,528 456,220 441,063
Proceeds from sales of subsidiaries 0 0 180,664
Other 0 (611) 0
Net cash used in investing activities 2,921,432 455,609 571,727
Cash flows from financing activities:      
Proceeds from short-term borrowings 4,068 0 11,820
Payments on short-term borrowings 0 5,090 20,263
Proceeds from issuance of long-term debt, net of issuance costs 400,059 1,681,058 1,169,722
Repayment of long-term debt (202,172) (1,256,495) (1,494,696)
Advances (to) from subsidiaries, net 30,428 (341,327) 1,159,495
Issuances of common shares 2,752 2,107 1,034
Purchase of common shares for treasury (859,593) (269,400) (816,871)
Dividends paid (280,104) (222,798) (160,940)
Net cash provided by (used in) financing activities (904,562) (411,945) (150,699)
Net increase (decrease) in cash, cash equivalents and restricted cash 1,819,942 (655,197) 1,133,496
Cash, cash equivalents and restricted cash at beginning of period 649,204 1,304,401 170,905
Cash, cash equivalents and restricted cash at end of period 2,469,146 649,204 1,304,401
Cash paid during the period for:      
Interest 484,349 381,117 324,782
Income taxes, net 124,516 625,072 1,811
Investments contributed to subsidiary 0 5,451 51,190
Dividends received from subsidiaries $ 0 $ 1,970 $ 40,805
[1] See Note 1 for a description of financial statement presentation changes made as a result of our Merger with Jefferies Group.