Commitments, Contingencies and Guarantees (Tables)

12 Months Ended

Nov. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Commitments and Contingencies

The following table summarizes our commitments at November 30, 2022 (in millions):

	Expected Maturity Date (fiscal years)
	2023		2024		2025 and 2026		2027 and 2028		2029 and Later		Maximum Payout
Equity commitments (1)	$	25.2	$	1.4	$	103.3	$	2.8	$	160.2	$	292.9
Loan commitments (1)	271.5		—		70.0		9.9		—		351.4
Loans purchase commitments (2)	2,363.9		—		—		—		—		2,363.9
Underwriting commitments	62.3		—		—		—		—		62.3
Forward starting reverse repos (3)	8,470.9		—		—		—		—		8,470.9
Forward starting repos (3)	4,213.7		—		—		—		—		4,213.7
Other unfunded commitments (1)	0.1		287.5		109.7		—		—		397.3
Total commitments	$	15,407.6	$	288.9	$	283.0	$	12.7	$	160.2	$	16,152.4

(1)Equity, loan and other unfunded commitments are presented by contractual maturity date. The amounts, however, are available on demand.

(2)Loan purchase commitments comprise of unfunded commitments to acquire secondary market loans. For the population of loans to be acquired under the loan purchase commitments, at November 30, 2022, Jefferies had also entered into back-to-back committed sale contracts aggregating to $2.67 billion.

(3)At November 30, 2022, $7.73 billion within forward starting securities purchased under agreements to resell and all except $2.6 million of forward starting securities sold under agreements to repurchase settled within three business days.

Schedule of Guarantees

The following table summarizes the notional amounts associated with our derivative contracts meeting the definition of a guarantee under U.S. GAAP at November 30, 2022 (in millions):

	Expected Maturity Date (Fiscal Years)
	2023		2024		2025 and 2026		2027 and 2028		2029 and Later		Notional/ Maximum Payout
Guarantee Type:
Derivative contracts—non-credit related	$	19,015.0	$	6,933.1	$	11,994.3	$	850.3	$	—	$	38,792.7
Written derivative contracts—credit related	—		0.2		—		—		—		0.2
Total derivative contracts	$	19,015.0	$	6,933.3	$	11,994.3	$	850.3	$	—	$	38,792.9