Levi Strauss & Co. (LEVI) 10-Q 12 Apr 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Feb. 28, 2016	Apr. 07, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	LEVI STRAUSS & CO
Entity Central Index Key	94,845
Document Type	10-Q
Document Period End Date	Feb. 28, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--11-27
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		37,452,319

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2016	Nov. 29, 2015
Current Assets:
Cash and cash equivalents	$ 271,101	$ 318,571
Trade receivables, net of allowance for doubtful accounts of $11,043 and $11,025	388,620	498,196
Inventories:
Raw materials	3,382	3,368
Work-in-process	3,696	3,031
Finished goods	733,213	600,460
Total inventories	740,291	606,859
Other current assets	109,410	104,523
Total current assets	1,509,422	1,528,149
Property, plant and equipment, net of accumulated depreciation of $825,536 and $811,013	386,272	390,829
Goodwill	235,541	235,041
Other intangible assets, net	43,170	43,350
Non-current deferred tax assets, net	569,936	580,640
Other non-current assets	93,890	106,386
Total assets	2,838,231	2,884,395
Current Liabilities:
Short-term debt	40,779	114,978
Long-term Debt, Current Maturities	35,394	32,625
Accounts payable	267,033	238,309
Accrued salaries, wages and employee benefits	133,269	182,430
Restructuring liabilities	15,736	20,141
Accrued interest payable	21,004	5,510
Accrued income taxes	17,190	6,567
Other accrued liabilities	296,516	245,607
Total current liabilities	826,921	846,167
Long-term debt	1,005,243	1,004,938
Long-term capital leases	12,466	12,320
Postretirement medical benefits	102,071	105,240
Pension liability	348,921	358,443
Long-term employee related benefits	59,938	73,342
Long-term income tax liabilities	27,359	26,312
Other long-term liabilities	57,140	56,987
Total liabilities	$ 2,440,059	$ 2,483,749
Commitments and contingencies
Temporary equity	$ 76,538	$ 68,783
Levi Strauss & Co. stockholders’ equity
Common stock — $.01 par value; 270,000,000 shares authorized; 37,460,145 shares and 37,460,145 shares issued and outstanding	375	375
Additional paid-in capital	0	3,291
Retained earnings	705,985	705,668
Accumulated other comprehensive loss	(386,995)	(379,066)
Total Levi Strauss & Co. stockholders’ equity	319,365	330,268
Noncontrolling interest	2,269	1,595
Total stockholders’ equity	321,634	331,863
Total liabilities, temporary equity and stockholders’ equity	$ 2,838,231	$ 2,884,395

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Feb. 28, 2016	Nov. 29, 2015
ASSETS
Accumulated depreciation	$ 825,536	$ 811,013
Current Assets:
Allowance for doubtful accounts	$ 11,043	$ 11,025
Levi Strauss & Co. stockholders’ equity
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	270,000,000	270,000,000
Common stock, shares issued	37,460,145	37,460,145
Common stock, shares outstanding	37,460,145	37,460,145

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015
Income Statement [Abstract]
Net revenues	$ 1,056,500	$ 1,055,075
Cost of goods sold	496,902	518,010
Gross profit	559,598	537,065
Selling, general and administrative expenses	441,163	425,282
Restructuring, net	1,848	4,338
Operating income	116,587	107,445
Interest expense	(14,902)	(23,312)
Other expense, net	(2,219)	(26,028)
Income before income taxes	99,466	58,105
Income tax expense	33,175	19,822
Net income	66,291	38,283
Net (income) loss attributable to noncontrolling interest	(455)	109
Net income attributable to Levi Strauss & Co.	$ 65,836	$ 38,392

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 66,291	$ 38,283
Pension and postretirement benefits	3,582	4,607
Net investment hedge (losses) gains	(664)	141
Foreign currency translation losses	(7,575)	(10,532)
Unrealized (losses) gains on marketable securities	(1,829)	113
Total other comprehensive loss, before related income taxes	(6,486)	(5,671)
Income tax expense related to items of other comprehensive income	(1,224)	(1,549)
Comprehensive income, net of income taxes	58,581	31,063
Comprehensive (income) loss attributable to noncontrolling interest	(674)	132
Comprehensive income attributable to Levi Strauss & Co.	$ 57,907	$ 31,195

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		3 Months Ended
		Feb. 28, 2016	Mar. 01, 2015
Cash Flows from Operating Activities:
Net income		$ 66,291	$ 38,283
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		25,111	26,475
Asset impairments		459	184
(Gain) loss on disposal of assets		(12)	26
Unrealized foreign exchange losses		8,348	7,489
Realized (gain) loss on settlement of forward foreign exchange contracts not designated for hedge accounting		(12,967)	3,960
Employee benefit plans’ amortization from accumulated other comprehensive loss		3,734	4,272
Noncash restructuring charges	[1]	0	335
Amortization of premium, discount and debt issuance costs		620	557
Stock-based compensation		(1,053)	3,600
Allowance for doubtful accounts		498	519
Change in operating assets and liabilities:
Trade receivables		104,777	129,587
Inventories		(134,923)	30,939
Other current assets		(2,758)	(12,647)
Other non-current assets		(1,425)	746
Accounts payable and other accrued liabilities		49,462	(106,432)
Restructuring Liabilities		(5,614)	(16,009)
Income tax liabilities		23,654	409
Accrued salaries, wages and employee benefits and long-term employee related benefits		(78,302)	(74,484)
Other long-term liabilities		178	(201)
Other, net		0	21
Net cash provided by operating activities		46,078	37,629
Cash Flows from Investing Activities:
Purchases of property, plant and equipment		(30,746)	(21,152)
Proceeds from sales of assets		21	11
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting		12,967	(3,960)
Net cash used for investing activities		(17,758)	(25,101)
Cash Flows from Financing Activities:
Repayments of capital leases		781	741
Proceeds from senior revolving credit facility		75,000	35,000
Repayments of senior revolving credit facility		(154,000)	(135,000)
Proceeds from short-term credit facilities		9,208	7,753
Repayments of short-term credit facilities		(6,763)	(5,045)
Other short-term borrowings, net		3,102	689
Change in restricted cash, net		663	736
Excess tax benefits from stock-based compensation		0	75
Net cash used for financing activities		(73,571)	(96,533)
Effect of exchange rate changes on cash and cash equivalents		(2,219)	(11,520)
Net decrease in cash and cash equivalents		(47,470)	(95,525)
Beginning cash and cash equivalents		318,571	298,255
Ending cash and cash equivalents		271,101
Noncash Investing and Financing Items [Abstract]
Purchases of property, plant and equipment not yet paid at end of period		14,244	9,993
Supplemental disclosure of cash flow information:
Cash paid for interest during the period		1,176	2,020
Cash paid for income taxes during the period, net of refunds		$ 11,164	$ 18,049
[1]	Noncash pension and postretirement curtailment gains or losses resulting from the global productivity initiative are included in restructuring charges, with the associated liabilities included in "Pension liability" and "Postretirement medical benefits" on the Company's consolidated balance sheets.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Feb. 28, 2016
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Levi Strauss & Co. (the “Company”) is one of the world’s largest brand-name apparel companies. The Company designs, markets and sells – directly or through third parties and licensees – products that include jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear and related accessories for men, women and children around the world under the Levi’s ® , Dockers ® , Signature by Levi Strauss & Co.™ and Denizen ® brands. The Company operates its business through three geographic regions: Americas, Europe and Asia. Basis of Presentation and Principles of Consolidation The unaudited consolidated financial statements of the Company and its wholly-owned and majority-owned foreign and domestic subsidiaries are prepared in conformity with generally accepted accounting principles in the United States (“U.S. GAAP”) for interim financial information. In the opinion of management, all adjustments necessary for a fair statement of the financial position and the results of operations for the periods presented have been included. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements of the Company for the year ended November 29, 2015 , included in the Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission (“SEC”) on February 11, 2016. The unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany transactions have been eliminated. Management believes the disclosures are adequate to make the information presented herein not misleading. The results of operations for the three months ended February 28, 2016 , may not be indicative of the results to be expected for any other interim period or the year ending November 27, 2016 . The Company’s fiscal year ends on the last Sunday of November in each year, although the fiscal years of certain foreign subsidiaries end on November 30. Each quarter of both fiscal years 2016 and 2015 consists of 13 weeks. All references to years relate to fiscal years rather than calendar years. Subsequent events have been evaluated through the issuance date of these financial statements. The Company's consolidated statements of comprehensive income has been reclassified to present the components of other comprehensive income before related income tax effects with one amount shown for aggregate income tax expense related to the total of other comprehensive income items. Amounts were previously presented net of related income tax effects. There was no change to total comprehensive income, net of income taxes, and the change was immaterial to the financial statements taken as a whole. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the related notes to the consolidated financial statements. Estimates are based upon historical factors, current circumstances and the experience and judgment of the Company’s management. Management evaluates its estimates and assumptions on an ongoing basis and may employ outside experts to assist in its evaluations. Changes in such estimates, based on more accurate future information, or different assumptions or conditions, may affect amounts reported in future periods. Recently Issued Accounting Standards There have been no developments to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company’s consolidated financial statements and footnote disclosures, from those disclosed in the Company’s 2015 Annual Report on Form 10-K, except for the following, which have been grouped by their effective dates for the Company: First Quarter of 2018 • In March 2016, the FASB issued Accounting Standards Update No. 2016-06, Derivatives and Hedging (Topic 815) – Contingent Put and Call Options in Debt Instruments (“ASU 2016-06”), which will reduce diversity of practice in identifying embedded derivatives in debt instruments. ASU 2016-06 clarifies that the nature of an exercise contingency is not subject to the “clearly and closely” criteria for purposes of assessing whether the call or put option must be separated from the debt instrument and accounted for separately as a derivative. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. • In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Compensation – Stock Compensation (Topic 718) (“ASU 2016-09”). ASU 2016-09 identifies areas for simplification involving several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. First Quarter of 2019 • In March 2016, the FASB issued Accounting Standards Update No. 2016-04, Liabilities – Extinguishment of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products (“ASU 2016-04”). ASU 2016-04 aligns recognition of the financial liabilities related to prepaid stored-value products (for example, prepaid gift cards), with Topic 606, Revenues from Contracts with Customers, for non-financial liabilities. In general, certain or these liabilities may be extinguished proportionally in earnings as redemptions occur, or when redemption is remote if issuers are not entitled to the unredeemed stored value. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. • In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) (“ASU 2016-08”). ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations. The guidance includes indicators to assist an entity in determining whether it controls a specified good or service before it is transferred to the customers. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. First Quarter of 2020 • In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 requires the identification of arrangements that should be accounted for as leases by lessees. In general, for lease arrangements exceeding a twelve month term, these arrangements must now be recognized as assets and liabilities on the balance sheet of the lessee. Under ASU 2016-02, a right-of-use asset and lease obligation will be recorded for all leases, whether operating or financing, while the income statement will reflect lease expense for operating leases and amortization/interest expense for financing leases. The balance sheet amount recorded for existing leases at the date of adoption of ASU 2016-02 must be calculated using the applicable incremental borrowing rate at the date of adoption. In addition, ASU 2016-02 requires the use of the modified retrospective method, which will require adjustment to all comparative periods presented in the consolidated financial statements. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Feb. 28, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS The following table presents the Company’s financial instruments that are carried at fair value: February 28, 2016 November 29, 2015 Fair Value Estimated Using Fair Value Estimated Using Fair Value Level 1 Inputs (1) Level 2 Inputs (2) Fair Value Level 1 Inputs (1) Level 2 Inputs (2) (Dollars in thousands) Financial assets carried at fair value Rabbi trust assets $ 24,892 $ 24,892 $ — $ 26,013 $ 26,013 $ — Forward foreign exchange contracts, net (3) 19,741 — 19,741 27,131 — 27,131 Total $ 44,633 $ 24,892 $ 19,741 $ 53,144 $ 26,013 $ 27,131 Financial liabilities carried at fair value Forward foreign exchange contracts, net (3) $ 9,373 $ — $ 9,373 $ 7,809 $ — $ 7,809 _____________ (1) Fair values estimated using Level 1 inputs are inputs which consist of quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Rabbi trust assets consist of a diversified portfolio of equity, fixed income and other securities. (2) Fair values estimated using Level 2 inputs are inputs, other than quoted prices, that are observable for the asset or liability, either directly or indirectly and include among other things, quoted prices for similar assets or liabilities in markets that are active or inactive as well as inputs other than quoted prices that are observable. For forward foreign exchange contracts, inputs include foreign currency exchange and interest rates and, where applicable, credit default swap prices. (3) The Company’s over-the-counter forward foreign exchange contracts are subject to International Swaps and Derivatives Association, Inc. master agreements. These agreements permit the net settlement of these contracts on a per-institution basis. The following table presents the carrying value – including related accrued interest – and estimated fair value of the Company’s financial instruments that are carried at adjusted historical cost: February 28, 2016 November 29, 2015 Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value (Dollars in thousands) Financial liabilities carried at adjusted historical cost Senior revolving credit facility $ 20,031 $ 20,031 $ 99,020 $ 99,020 4.25% Yen-denominated Eurobonds due 2016 (1) 35,861 36,480 32,736 33,593 6.875% senior notes due 2022 (1) 536,519 575,871 527,715 570,355 5.00% senior notes due 2025 (1) 488,749 486,347 482,145 480,945 Short-term borrowings 20,806 20,806 15,996 15,996 Total $ 1,101,966 $ 1,139,535 $ 1,157,612 $ 1,199,909 _____________ (1) Fair values are estimated using Level 1 inputs and incorporate mid-market price quotes. Level 1 inputs are inputs which consist of quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Feb. 28, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES As of February 28, 2016 , the Company had forward foreign exchange contracts to buy $725.7 million and to sell $271.0 million against various foreign currencies. These contracts are at various exchange rates and expire at various dates through November 2017. The table below provides data about the carrying values of derivative instruments and non-derivative instruments: February 28, 2016 November 29, 2015 Assets (Liabilities) Derivative Net Carrying Value Assets (Liabilities) Derivative Net Carrying Value Carrying Value Carrying Value Carrying Value Carrying Value (Dollars in thousands) Derivatives not designated as hedging instruments Forward foreign exchange contracts (1) $ 25,123 $ (5,382 ) $ 19,741 $ 31,808 $ (4,677 ) $ 27,131 Forward foreign exchange contracts (2) 1,668 (11,041 ) (9,373 ) 253 (8,062 ) (7,809 ) Total $ 26,791 $ (16,423 ) $ 32,061 $ (12,739 ) Non-derivatives designated as hedging instruments Yen-denominated Eurobonds $ — $ (8,496 ) $ — $ (7,832 ) _____________ (1) Included in “Other current assets” or “Other non-current assets” on the Company’s consolidated balance sheets. (2) Included in “Other accrued liabilities” on the Company’s consolidated balance sheets. The Company's over-the-counter forward foreign exchange contracts are subject to International Swaps and Derivatives Association, Inc. master agreements. These agreements permit the net settlement of these contracts on a per-institution basis. The table below presents, by type of financial instrument, the gross amounts of the Company's derivative instruments, amounts offset due to master netting arrangements with the Company's various counterparties, and the net amounts recognized on the Company's consolidated balance sheets: February 28, 2016 November 29, 2015 Gross Amounts of Recognized Assets / (Liabilities) Gross Amounts Offset in the Statement of Financial Position Net Amounts of Assets / (Liabilities) Presented in the Statement of Financial Position Gross Amounts of Recognized Assets / (Liabilities) Gross Amounts Offset in the Statement of Financial Position Net Amounts of Assets / (Liabilities) Presented in the Statement of Financial Position (Dollars in thousands) Over-the-counter forward foreign exchange contracts Financial assets $ 26,211 $ (7,050 ) $ 19,161 $ 30,837 $ (4,930 ) $ 25,907 Financial liabilities (9,690 ) 7,050 (2,640 ) (7,599 ) 4,930 (2,669 ) Total $ 16,521 $ 23,238 Embedded derivative contracts Financial assets $ 580 $ — $ 580 $ 1,224 $ — $ 1,224 Financial liabilities (6,733 ) — (6,733 ) (5,140 ) — (5,140 ) Total $ (6,153 ) $ (3,916 ) The table below provides data about the amount of gains and losses related to derivative instruments and non-derivative instruments designated as net investment hedges included in “Accumulated other comprehensive loss” (“AOCI”) on the Company’s consolidated balance sheets, and in “Other expense, net” in the Company’s consolidated statements of income: Gain or (Loss) Recognized in AOCI (Effective Portion) Gain or (Loss) Recognized in Other expense, net (Ineffective Portion and Amount Excluded from Effectiveness Testing) As of As of Three Months Ended February 28, November 29, February 28, March 1, (Dollars in thousands) Forward foreign exchange contracts $ 4,637 $ 4,637 Yen-denominated Eurobonds (19,646 ) (18,982 ) $ (2,103 ) $ 346 Euro senior notes (15,751 ) (15,751 ) — — Cumulative income taxes 12,104 11,849 Total $ (18,656 ) $ (18,247 ) The table below provides data about the amount of gains and losses related to derivatives not designated as hedging instruments included in “Other expense, net” in the Company’s consolidated statements of income: Gain or (Loss) Three Months Ended February 28, March 1, (Dollars in thousands) Forward foreign exchange contracts: Realized $ 12,967 $ (3,960 ) Unrealized (9,231 ) 11,868 Total $ 3,736 $ 7,908

Debt

Debt	3 Months Ended
	Feb. 28, 2016
Debt Disclosure [Abstract]
DEBT	DEBT February 28, November 29, (Dollars in thousands) Long-term debt Unsecured: 6.875% senior notes due 2022 524,689 524,807 5.00% senior notes due 2025 480,554 480,131 Total unsecured long-term debt $ 1,005,243 $ 1,004,938 Short-term debt and current maturities of long-term debt Secured: Senior revolving credit facility $ 20,000 $ 99,000 Unsecured: Current maturities of 4.25% Yen-denominated Eurobonds due 2016 35,394 32,625 Short-term borrowings 20,779 15,978 Total short-term debt and current maturities of long-term debt $ 76,173 $ 147,603 Total debt $ 1,081,416 $ 1,152,541 Senior Revolving Credit Facility The Company’s unused availability under its senior secured revolving credit facility was $739.7 million at February 28, 2016 , as the Company’s total availability of $798.2 million was reduced by $58.5 million of letters of credit and other credit usage allocated under the credit facility. Interest Rates on Borrowings The Company’s weighted-average interest rate on average borrowings outstanding during the three months ended February 28, 2016 , was 6.26% as compared to 7.65% in the same period of 2015 .

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Feb. 28, 2016
Compensation and Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS The following table summarizes the components of net periodic benefit cost and the changes recognized in “Accumulated other comprehensive loss” for the Company’s defined benefit pension plans and postretirement benefit plans: Pension Benefits Postretirement Benefits Three Months Ended Three Months Ended February 28, March 1, February 28, March 1, (Dollars in thousands) Net periodic benefit cost: Service cost $ 2,058 $ 2,128 $ 50 $ 63 Interest cost (1) 9,472 11,840 806 1,147 Expected return on plan assets (12,134 ) (12,717 ) — — Amortization of prior service benefit (15 ) (16 ) — — Amortization of actuarial loss 3,007 3,160 742 1,128 Curtailment loss — 335 — — Net periodic benefit cost 2,388 4,730 1,598 2,338 Changes in accumulated other comprehensive loss: Actuarial loss 152 — — — Amortization of prior service benefit 15 16 — — Amortization of actuarial loss (3,007 ) (3,160 ) (742 ) (1,128 ) Curtailment loss — (335 ) — — Total recognized in accumulated other comprehensive loss (2,840 ) (3,479 ) (742 ) (1,128 ) Total recognized in net periodic benefit cost and accumulated other comprehensive loss $ (452 ) $ 1,251 $ 856 $ 1,210 _____________ (1) The decrease in interest cost is primarily due to the election made at the end of 2015 to adopt the spot-rate approach to determine the interest cost component of pension and postretirement expense.

Restructuring

Restructuring	3 Months Ended
	Feb. 28, 2016
Restructuring Liabilities Disclosures [Abstract]
Restructuring	RESTRUCTURING In 2014, the Company announced and began to implement a global productivity initiative designed to streamline operations and fuel long-term profitable growth. The Company expects that the majority of the actions related to the global productivity initiative will be implemented through the end of 2016, with a focus on redesigning business processes and identifying opportunities to reduce costs, increase efficiencies and further streamline processes in supporting functions, supply chain and planning. For the three months ended February 28, 2016 , the Company recognized restructuring charges, net, of $1.8 million , as compared to $4.3 million for the same period in 2015 . These restructuring charges were recorded in "Restructuring, net" in the Company's consolidated statements of income. Related charges of $1.5 million for the three months ended February 28, 2016 , as compared to $8.0 million for the same period in 2015 , consist primarily of consulting fees for the Company's centrally-led cost-savings and productivity projects, as well as transition costs associated with the Company's decision to outsource certain global business service activities. These related charges represent costs incurred associated with ongoing operations which are expected to benefit future periods and thus were recorded in "Selling, general and administrative expenses" in the Company's consolidated statements of income. Cash payments for charges recognized to date are expected to continue through 2017. The table below summarizes the components of charges included in “Restructuring, net” in the Company’s consolidated statements of income: Three Months Ended February 28, March 1, (Dollars in thousands) Restructuring, net: Severance and employee-related benefits (1) $ 1,445 $ 5,320 Adjustments to severance and employee-related benefits 279 (1,249 ) Lease and other contract termination costs — — Other (2) 124 414 Adjustments to other — (482 ) Noncash pension and postretirement curtailment losses, net (3) — 335 Total $ 1,848 $ 4,338 _____________ (1) Severance and employee-related benefits relate to items such as severance, based on separation benefits provided by Company policy or statutory benefit plans, out-placement services and career counseling for employees affected by the global productivity initiative. (2) Other restructuring costs are expensed as incurred and primarily relate to consulting fees and legal expenses associated with the execution of the restructuring initiative. (3) Noncash pension and postretirement curtailment gains or losses resulting from the global productivity initiative are included in restructuring charges, with the associated liabilities included in "Pension liability" and "Postretirement medical benefits" on the Company's consolidated balance sheets. The Company is unable at this time to make a good faith determination of cost estimates, or ranges of cost estimates, for additional actions associated with the global productivity initiative. The following table summarizes the activities associated with restructuring liabilities for the three months ended February 28, 2016 , and March 1, 2015 . In the table below, "Charges" represents the initial charge related to the restructuring activity. "Adjustments" includes revisions of estimates related to severance, employee-related benefits, lease and other contract termination costs, and other restructuring costs. "Payments" consists of cash payments for severance, employee-related benefits, lease and other contract termination costs, and other restructuring costs. Three Months Ended February 28, 2016 Liabilities Adjustments Foreign Currency Fluctuation Liabilities November 29, 2015 Charges Payments February 28, 2016 (Dollars in thousands) Severance and employee-related benefits $ 20,774 $ 1,445 $ 279 $ (7,339 ) $ 515 $ 15,674 Lease and other contract termination costs — — — — — — Other 964 124 — (124 ) — 964 Total $ 21,738 $ 1,569 $ 279 $ (7,463 ) $ 515 $ 16,638 Current portion $ 20,141 $ 15,736 Long-term portion 1,597 902 Total $ 21,738 $ 16,638 Three Months Ended March 1, 2015 Liabilities Adjustments Foreign Currency Fluctuation Liabilities November 30, 2014 Charges Payments March 1, 2015 (Dollars in thousands) Severance and employee-related benefits $ 56,963 $ 5,320 $ (1,249 ) $ (13,681 ) $ (3,738 ) $ 43,615 Lease and other contract termination costs — — — — — — Other 6,400 414 (482 ) (6,331 ) — 1 Total $ 63,363 $ 5,734 $ (1,731 ) $ (20,012 ) $ (3,738 ) $ 43,616 Current portion $ 57,817 $ 42,596 Long-term portion 5,546 1,020 Total $ 63,363 $ 43,616

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Feb. 28, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Forward Foreign Exchange Contracts The Company uses over-the-counter derivative instruments to manage its exposure to foreign currencies. The Company is exposed to credit loss in the event of nonperformance by the counterparties to the forward foreign exchange contracts. However, the Company believes that its exposures are appropriately diversified across counterparties and that these counterparties are creditworthy financial institutions. Please see Note 3 for additional information. Other Contingencies Litigation. There have been no material developments with respect to the information previously reported in the Company’s 2015 Annual Report on Form 10-K related to legal proceedings. In the ordinary course of business, the Company has various pending cases involving contractual matters, facility and employee-related matters, distribution matters, product liability claims, trademark infringement and other matters. The Company does not believe any of these pending legal proceedings will have a material impact on its financial condition, results of operations or cash flows.

Dividend

Dividend	3 Months Ended
	Feb. 28, 2016
Dividends [Abstract]
DIVIDEND	DIVIDEND The Company's Board of Directors (the “Board”) declared a cash dividend of $60.0 million in the first quarter of 2016 , payable in the second quarter of 2016 to stockholders of record at the close of business on February 19, 2016. Dividend payable is included in "Other accrued liabilities" on the Company's consolidated balance sheets. Subsequent to the Company's quarter-end, on April 7, 2016, the Company paid the cash dividend. The Company does not have an established annual dividend policy. The Company will continue to review its ability to pay cash dividends at least annually, and dividends may be declared at the discretion of the Board depending upon, among other factors, the Company's financial condition and compliance with the terms of the Company's debt agreements.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Feb. 28, 2016
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS The following is a summary of the components of “Accumulated other comprehensive loss,” net of related income taxes: February 28, November 29, (Dollars in thousands) Pension and postretirement benefits $ (234,166 ) $ (236,340 ) Net investment hedge losses (18,656 ) (18,247 ) Foreign currency translation losses (125,743 ) (117,394 ) Unrealized gains on marketable securities 754 1,880 Accumulated other comprehensive loss (377,811 ) (370,101 ) Accumulated other comprehensive income attributable to noncontrolling interest 9,184 8,965 Accumulated other comprehensive loss attributable to Levi Strauss & Co. $ (386,995 ) $ (379,066 ) No material amounts were reclassified out of "Accumulated other comprehensive loss" into net income other than those that pertain to the Company's pension and postretirement benefit plans. Please see Note 5 for additional information. These amounts are included in "Selling, general and administrative expenses" in the Company's consolidated statements of income.

Other Expense, Net

Other Expense, Net	3 Months Ended
	Feb. 28, 2016
Other Income and Expenses [Abstract]
OTHER EXPENSE, NET	OTHER EXPENSE, NET The following table summarizes significant components of “Other expense, net”: Three Months Ended February 28, March 1, (Dollars in thousands) Foreign exchange management gains (1) $ 3,736 $ 7,908 Foreign currency transaction losses (2) (8,203 ) (35,959 ) Interest income 209 460 Investment income 708 439 Other 1,331 1,124 Total other expense, net $ (2,219 ) $ (26,028 ) _____________ (1) Gains and losses on forward foreign exchange contracts primarily result from currency fluctuations relative to negotiated contract rates. Gains in 2016 and 2015 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso, partially offset in 2016 by unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro. (2) Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Losses in 2016 were primarily due to the weakening of various currencies against the Euro. Losses in 2015 were primarily due to the weakening of various foreign currencies, particularly the Euro, against the U.S. Dollar.

Income Taxes

Income Taxes	3 Months Ended
	Feb. 28, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The effective income tax rate was 33.4% for the three months ended February 28, 2016 , compared to 34.1% for the same period ended March 1, 2015 .

Related Parties

Related Parties	3 Months Ended
	Feb. 28, 2016
Related Party Transactions [Abstract]
RELATED PARTIES	RELATED PARTIES Robert D. Haas, Chairman Emeritus of the Company, Charles V. Bergh, President and Chief Executive Officer, Peter E. Haas Jr., a director of the Company, and Kelly McGinnis, Senior Vice President of Corporate Affairs and Chief Communications Officer, are board members of the Levi Strauss Foundation, which is not a consolidated entity of the Company. Seth R. Jaffe, Senior Vice President and General Counsel, is Vice President of the Levi Strauss Foundation. During the three-month period ended February 28, 2016 , the Company donated $0.3 million to the Levi Strauss Foundation as compared to $5.9 million for the same prior-year period.

Business Segment Information

Business Segment Information	3 Months Ended
	Feb. 28, 2016
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	BUSINESS SEGMENT INFORMATION The Company manages its business according to three regional segments: the Americas, Europe and Asia. The Company considers its chief executive officer to be the Company’s chief operating decision maker. The Company’s chief operating decision maker manages business operations, evaluates performance and allocates resources based on the regional segments’ net revenues and operating income. Business segment information for the Company is as follows: Three Months Ended February 28, March 1, (Dollars in thousands) Net revenues: Americas $ 571,185 $ 574,087 Europe 276,486 277,488 Asia 208,829 203,500 Total net revenues $ 1,056,500 $ 1,055,075 Operating income: Americas $ 81,749 $ 102,292 Europe 61,709 58,189 Asia 46,605 47,340 Regional operating income 190,063 207,821 Corporate: Restructuring, net 1,848 4,338 Restructuring-related charges 1,497 8,007 Other corporate staff costs and expenses 70,131 88,031 Corporate expenses 73,476 100,376 Total operating income 116,587 107,445 Interest expense (14,902 ) (23,312 ) Other expense, net (2,219 ) (26,028 ) Income before income taxes $ 99,466 $ 58,105

Significant Accounting Polici20

Significant Accounting Policies (Policies)	3 Months Ended
	Feb. 28, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	The unaudited consolidated financial statements of the Company and its wholly-owned and majority-owned foreign and domestic subsidiaries are prepared in conformity with generally accepted accounting principles in the United States (“U.S. GAAP”) for interim financial information.
Consolidated entities policy	The unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany transactions have been eliminated.
Fiscal period	The Company’s fiscal year ends on the last Sunday of November in each year, although the fiscal years of certain foreign subsidiaries end on November 30. Each quarter of both fiscal years 2016 and 2015 consists of 13 weeks. All references to years relate to fiscal years rather than calendar years.
Subsequent events	Subsequent events have been evaluated through the issuance date of these financial statements.
Reclassifications [Text Block]	The Company's consolidated statements of comprehensive income has been reclassified to present the components of other comprehensive income before related income tax effects with one amount shown for aggregate income tax expense related to the total of other comprehensive income items. Amounts were previously presented net of related income tax effects. There was no change to total comprehensive income, net of income taxes, and the change was immaterial to the financial statements taken as a whole.
Use of estimates	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the related notes to the consolidated financial statements. Estimates are based upon historical factors, current circumstances and the experience and judgment of the Company’s management. Management evaluates its estimates and assumptions on an ongoing basis and may employ outside experts to assist in its evaluations. Changes in such estimates, based on more accurate future information, or different assumptions or conditions, may affect amounts reported in future periods.
New accounting pronouncements	There have been no developments to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company’s consolidated financial statements and footnote disclosures, from those disclosed in the Company’s 2015 Annual Report on Form 10-K, except for the following, which have been grouped by their effective dates for the Company: First Quarter of 2018 • In March 2016, the FASB issued Accounting Standards Update No. 2016-06, Derivatives and Hedging (Topic 815) – Contingent Put and Call Options in Debt Instruments (“ASU 2016-06”), which will reduce diversity of practice in identifying embedded derivatives in debt instruments. ASU 2016-06 clarifies that the nature of an exercise contingency is not subject to the “clearly and closely” criteria for purposes of assessing whether the call or put option must be separated from the debt instrument and accounted for separately as a derivative. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. • In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Compensation – Stock Compensation (Topic 718) (“ASU 2016-09”). ASU 2016-09 identifies areas for simplification involving several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. First Quarter of 2019 • In March 2016, the FASB issued Accounting Standards Update No. 2016-04, Liabilities – Extinguishment of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products (“ASU 2016-04”). ASU 2016-04 aligns recognition of the financial liabilities related to prepaid stored-value products (for example, prepaid gift cards), with Topic 606, Revenues from Contracts with Customers, for non-financial liabilities. In general, certain or these liabilities may be extinguished proportionally in earnings as redemptions occur, or when redemption is remote if issuers are not entitled to the unredeemed stored value. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. • In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) (“ASU 2016-08”). ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations. The guidance includes indicators to assist an entity in determining whether it controls a specified good or service before it is transferred to the customers. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures. First Quarter of 2020 • In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 requires the identification of arrangements that should be accounted for as leases by lessees. In general, for lease arrangements exceeding a twelve month term, these arrangements must now be recognized as assets and liabilities on the balance sheet of the lessee. Under ASU 2016-02, a right-of-use asset and lease obligation will be recorded for all leases, whether operating or financing, while the income statement will reflect lease expense for operating leases and amortization/interest expense for financing leases. The balance sheet amount recorded for existing leases at the date of adoption of ASU 2016-02 must be calculated using the applicable incremental borrowing rate at the date of adoption. In addition, ASU 2016-02 requires the use of the modified retrospective method, which will require adjustment to all comparative periods presented in the consolidated financial statements. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements and footnote disclosures.

Fair Value of Financial Instr21

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Feb. 28, 2016
Fair Value Disclosures [Abstract]
Financial assets and liabilities carried at fair value	The following table presents the Company’s financial instruments that are carried at fair value: February 28, 2016 November 29, 2015 Fair Value Estimated Using Fair Value Estimated Using Fair Value Level 1 Inputs (1) Level 2 Inputs (2) Fair Value Level 1 Inputs (1) Level 2 Inputs (2) (Dollars in thousands) Financial assets carried at fair value Rabbi trust assets $ 24,892 $ 24,892 $ — $ 26,013 $ 26,013 $ — Forward foreign exchange contracts, net (3) 19,741 — 19,741 27,131 — 27,131 Total $ 44,633 $ 24,892 $ 19,741 $ 53,144 $ 26,013 $ 27,131 Financial liabilities carried at fair value Forward foreign exchange contracts, net (3) $ 9,373 $ — $ 9,373 $ 7,809 $ — $ 7,809 _____________ (1) Fair values estimated using Level 1 inputs are inputs which consist of quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Rabbi trust assets consist of a diversified portfolio of equity, fixed income and other securities. (2) Fair values estimated using Level 2 inputs are inputs, other than quoted prices, that are observable for the asset or liability, either directly or indirectly and include among other things, quoted prices for similar assets or liabilities in markets that are active or inactive as well as inputs other than quoted prices that are observable. For forward foreign exchange contracts, inputs include foreign currency exchange and interest rates and, where applicable, credit default swap prices. (3) The Company’s over-the-counter forward foreign exchange contracts are subject to International Swaps and Derivatives Association, Inc. master agreements. These agreements permit the net settlement of these contracts on a per-institution basis.
Financial liabilities carried at adjusted historical cost	The following table presents the carrying value – including related accrued interest – and estimated fair value of the Company’s financial instruments that are carried at adjusted historical cost: February 28, 2016 November 29, 2015 Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value (Dollars in thousands) Financial liabilities carried at adjusted historical cost Senior revolving credit facility $ 20,031 $ 20,031 $ 99,020 $ 99,020 4.25% Yen-denominated Eurobonds due 2016 (1) 35,861 36,480 32,736 33,593 6.875% senior notes due 2022 (1) 536,519 575,871 527,715 570,355 5.00% senior notes due 2025 (1) 488,749 486,347 482,145 480,945 Short-term borrowings 20,806 20,806 15,996 15,996 Total $ 1,101,966 $ 1,139,535 $ 1,157,612 $ 1,199,909 _____________ (1) Fair values are estimated using Level 1 inputs and incorporate mid-market price quotes. Level 1 inputs are inputs which consist of quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.

Derivative Instruments and He22

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Feb. 28, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Carrying values of derivative instruments and non-derivative instruments	The table below provides data about the carrying values of derivative instruments and non-derivative instruments: February 28, 2016 November 29, 2015 Assets (Liabilities) Derivative Net Carrying Value Assets (Liabilities) Derivative Net Carrying Value Carrying Value Carrying Value Carrying Value Carrying Value (Dollars in thousands) Derivatives not designated as hedging instruments Forward foreign exchange contracts (1) $ 25,123 $ (5,382 ) $ 19,741 $ 31,808 $ (4,677 ) $ 27,131 Forward foreign exchange contracts (2) 1,668 (11,041 ) (9,373 ) 253 (8,062 ) (7,809 ) Total $ 26,791 $ (16,423 ) $ 32,061 $ (12,739 ) Non-derivatives designated as hedging instruments Yen-denominated Eurobonds $ — $ (8,496 ) $ — $ (7,832 ) _____________ (1) Included in “Other current assets” or “Other non-current assets” on the Company’s consolidated balance sheets. (2) Included in “Other accrued liabilities” on the Company’s consolidated balance sheets.
Offsetting assets and liabilities	The Company's over-the-counter forward foreign exchange contracts are subject to International Swaps and Derivatives Association, Inc. master agreements. These agreements permit the net settlement of these contracts on a per-institution basis. The table below presents, by type of financial instrument, the gross amounts of the Company's derivative instruments, amounts offset due to master netting arrangements with the Company's various counterparties, and the net amounts recognized on the Company's consolidated balance sheets: February 28, 2016 November 29, 2015 Gross Amounts of Recognized Assets / (Liabilities) Gross Amounts Offset in the Statement of Financial Position Net Amounts of Assets / (Liabilities) Presented in the Statement of Financial Position Gross Amounts of Recognized Assets / (Liabilities) Gross Amounts Offset in the Statement of Financial Position Net Amounts of Assets / (Liabilities) Presented in the Statement of Financial Position (Dollars in thousands) Over-the-counter forward foreign exchange contracts Financial assets $ 26,211 $ (7,050 ) $ 19,161 $ 30,837 $ (4,930 ) $ 25,907 Financial liabilities (9,690 ) 7,050 (2,640 ) (7,599 ) 4,930 (2,669 ) Total $ 16,521 $ 23,238 Embedded derivative contracts Financial assets $ 580 $ — $ 580 $ 1,224 $ — $ 1,224 Financial liabilities (6,733 ) — (6,733 ) (5,140 ) — (5,140 ) Total $ (6,153 ) $ (3,916 )
Gains and losses included in AOCI	The table below provides data about the amount of gains and losses related to derivative instruments and non-derivative instruments designated as net investment hedges included in “Accumulated other comprehensive loss” (“AOCI”) on the Company’s consolidated balance sheets, and in “Other expense, net” in the Company’s consolidated statements of income: Gain or (Loss) Recognized in AOCI (Effective Portion) Gain or (Loss) Recognized in Other expense, net (Ineffective Portion and Amount Excluded from Effectiveness Testing) As of As of Three Months Ended February 28, November 29, February 28, March 1, (Dollars in thousands) Forward foreign exchange contracts $ 4,637 $ 4,637 Yen-denominated Eurobonds (19,646 ) (18,982 ) $ (2,103 ) $ 346 Euro senior notes (15,751 ) (15,751 ) — — Cumulative income taxes 12,104 11,849 Total $ (18,656 ) $ (18,247 )
Gains and losses included in statements of income	The table below provides data about the amount of gains and losses related to derivatives not designated as hedging instruments included in “Other expense, net” in the Company’s consolidated statements of income: Gain or (Loss) Three Months Ended February 28, March 1, (Dollars in thousands) Forward foreign exchange contracts: Realized $ 12,967 $ (3,960 ) Unrealized (9,231 ) 11,868 Total $ 3,736 $ 7,908

Debt (Tables)

Debt (Tables)	3 Months Ended
	Feb. 28, 2016
Debt Disclosure [Abstract]
Schedule of long-term and short-term debt instruments	February 28, November 29, (Dollars in thousands) Long-term debt Unsecured: 6.875% senior notes due 2022 524,689 524,807 5.00% senior notes due 2025 480,554 480,131 Total unsecured long-term debt $ 1,005,243 $ 1,004,938 Short-term debt and current maturities of long-term debt Secured: Senior revolving credit facility $ 20,000 $ 99,000 Unsecured: Current maturities of 4.25% Yen-denominated Eurobonds due 2016 35,394 32,625 Short-term borrowings 20,779 15,978 Total short-term debt and current maturities of long-term debt $ 76,173 $ 147,603 Total debt $ 1,081,416 $ 1,152,541

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Feb. 28, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of defined benefit plans disclosures	The following table summarizes the components of net periodic benefit cost and the changes recognized in “Accumulated other comprehensive loss” for the Company’s defined benefit pension plans and postretirement benefit plans: Pension Benefits Postretirement Benefits Three Months Ended Three Months Ended February 28, March 1, February 28, March 1, (Dollars in thousands) Net periodic benefit cost: Service cost $ 2,058 $ 2,128 $ 50 $ 63 Interest cost (1) 9,472 11,840 806 1,147 Expected return on plan assets (12,134 ) (12,717 ) — — Amortization of prior service benefit (15 ) (16 ) — — Amortization of actuarial loss 3,007 3,160 742 1,128 Curtailment loss — 335 — — Net periodic benefit cost 2,388 4,730 1,598 2,338 Changes in accumulated other comprehensive loss: Actuarial loss 152 — — — Amortization of prior service benefit 15 16 — — Amortization of actuarial loss (3,007 ) (3,160 ) (742 ) (1,128 ) Curtailment loss — (335 ) — — Total recognized in accumulated other comprehensive loss (2,840 ) (3,479 ) (742 ) (1,128 ) Total recognized in net periodic benefit cost and accumulated other comprehensive loss $ (452 ) $ 1,251 $ 856 $ 1,210 _____________ (1) The decrease in interest cost is primarily due to the election made at the end of 2015 to adopt the spot-rate approach to determine the interest cost component of pension and postretirement expense.

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Feb. 28, 2016
Restructuring Liabilities Disclosures [Abstract]
Components of Charges Included in Restructuring, net	The table below summarizes the components of charges included in “Restructuring, net” in the Company’s consolidated statements of income: Three Months Ended February 28, March 1, (Dollars in thousands) Restructuring, net: Severance and employee-related benefits (1) $ 1,445 $ 5,320 Adjustments to severance and employee-related benefits 279 (1,249 ) Lease and other contract termination costs — — Other (2) 124 414 Adjustments to other — (482 ) Noncash pension and postretirement curtailment losses, net (3) — 335 Total $ 1,848 $ 4,338 _____________ (1) Severance and employee-related benefits relate to items such as severance, based on separation benefits provided by Company policy or statutory benefit plans, out-placement services and career counseling for employees affected by the global productivity initiative. (2) Other restructuring costs are expensed as incurred and primarily relate to consulting fees and legal expenses associated with the execution of the restructuring initiative. (3) Noncash pension and postretirement curtailment gains or losses resulting from the global productivity initiative are included in restructuring charges, with the associated liabilities included in "Pension liability" and "Postretirement medical benefits" on the Company's consolidated balance sheets.
Restructuring Liability Rollforward	The following table summarizes the activities associated with restructuring liabilities for the three months ended February 28, 2016 , and March 1, 2015 . In the table below, "Charges" represents the initial charge related to the restructuring activity. "Adjustments" includes revisions of estimates related to severance, employee-related benefits, lease and other contract termination costs, and other restructuring costs. "Payments" consists of cash payments for severance, employee-related benefits, lease and other contract termination costs, and other restructuring costs. Three Months Ended February 28, 2016 Liabilities Adjustments Foreign Currency Fluctuation Liabilities November 29, 2015 Charges Payments February 28, 2016 (Dollars in thousands) Severance and employee-related benefits $ 20,774 $ 1,445 $ 279 $ (7,339 ) $ 515 $ 15,674 Lease and other contract termination costs — — — — — — Other 964 124 — (124 ) — 964 Total $ 21,738 $ 1,569 $ 279 $ (7,463 ) $ 515 $ 16,638 Current portion $ 20,141 $ 15,736 Long-term portion 1,597 902 Total $ 21,738 $ 16,638 Three Months Ended March 1, 2015 Liabilities Adjustments Foreign Currency Fluctuation Liabilities November 30, 2014 Charges Payments March 1, 2015 (Dollars in thousands) Severance and employee-related benefits $ 56,963 $ 5,320 $ (1,249 ) $ (13,681 ) $ (3,738 ) $ 43,615 Lease and other contract termination costs — — — — — — Other 6,400 414 (482 ) (6,331 ) — 1 Total $ 63,363 $ 5,734 $ (1,731 ) $ (20,012 ) $ (3,738 ) $ 43,616 Current portion $ 57,817 $ 42,596 Long-term portion 5,546 1,020 Total $ 63,363 $ 43,616

Accumulated Other Comprehensi26

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Feb. 28, 2016
Equity [Abstract]
Schedule of accumulated other comprehensive income (Loss)	The following is a summary of the components of “Accumulated other comprehensive loss,” net of related income taxes: February 28, November 29, (Dollars in thousands) Pension and postretirement benefits $ (234,166 ) $ (236,340 ) Net investment hedge losses (18,656 ) (18,247 ) Foreign currency translation losses (125,743 ) (117,394 ) Unrealized gains on marketable securities 754 1,880 Accumulated other comprehensive loss (377,811 ) (370,101 ) Accumulated other comprehensive income attributable to noncontrolling interest 9,184 8,965 Accumulated other comprehensive loss attributable to Levi Strauss & Co. $ (386,995 ) $ (379,066 )

Other Expense, Net (Tables)

Other Expense, Net (Tables)	3 Months Ended
	Feb. 28, 2016
Other Income and Expenses [Abstract]
Schedule of other nonoperating income (expense)	The following table summarizes significant components of “Other expense, net”: Three Months Ended February 28, March 1, (Dollars in thousands) Foreign exchange management gains (1) $ 3,736 $ 7,908 Foreign currency transaction losses (2) (8,203 ) (35,959 ) Interest income 209 460 Investment income 708 439 Other 1,331 1,124 Total other expense, net $ (2,219 ) $ (26,028 ) _____________ (1) Gains and losses on forward foreign exchange contracts primarily result from currency fluctuations relative to negotiated contract rates. Gains in 2016 and 2015 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso, partially offset in 2016 by unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro. (2) Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Losses in 2016 were primarily due to the weakening of various currencies against the Euro. Losses in 2015 were primarily due to the weakening of various foreign currencies, particularly the Euro, against the U.S. Dollar.

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Feb. 28, 2016
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	Business segment information for the Company is as follows: Three Months Ended February 28, March 1, (Dollars in thousands) Net revenues: Americas $ 571,185 $ 574,087 Europe 276,486 277,488 Asia 208,829 203,500 Total net revenues $ 1,056,500 $ 1,055,075 Operating income: Americas $ 81,749 $ 102,292 Europe 61,709 58,189 Asia 46,605 47,340 Regional operating income 190,063 207,821 Corporate: Restructuring, net 1,848 4,338 Restructuring-related charges 1,497 8,007 Other corporate staff costs and expenses 70,131 88,031 Corporate expenses 73,476 100,376 Total operating income 116,587 107,445 Interest expense (14,902 ) (23,312 ) Other expense, net (2,219 ) (26,028 ) Income before income taxes $ 99,466 $ 58,105

Fair Value of Financial Instr29

Fair Value of Financial Instruments-Fair Value (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands		Feb. 28, 2016	Nov. 29, 2015
Financial assets carried at fair value
Rabbi trust assets		$ 24,892	$ 26,013
Forward foreign exchange contracts, net	[1]	19,741	27,131
Total		44,633	53,144
Financial liabilities carried at fair value
Forward foreign exchange contracts, net	[1]	9,373	7,809
Level 1 Inputs [Member]
Financial assets carried at fair value
Rabbi trust assets	[2]	24,892	26,013
Forward foreign exchange contracts, net	[1],[2]	0	0
Total	[2]	24,892	26,013
Financial liabilities carried at fair value
Forward foreign exchange contracts, net	[1],[2]	0	0
Level 2 Inputs [Member]
Financial assets carried at fair value
Rabbi trust assets	[3]	0	0
Forward foreign exchange contracts, net	[1],[3]	19,741	27,131
Total	[3]	19,741	27,131
Financial liabilities carried at fair value
Forward foreign exchange contracts, net	[1],[3]	$ 9,373	$ 7,809
[1]	The Company’s over-the-counter forward foreign exchange contracts are subject to International Swaps and Derivatives Association, Inc. master agreements. These agreements permit the net settlement of these contracts on a per-institution basis.
[2]	Fair values estimated using Level 1 inputs are inputs which consist of quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Rabbi trust assets consist of a diversified portfolio of equity, fixed income and other securities.
[3]	Fair values estimated using Level 2 inputs are inputs, other than quoted prices, that are observable for the asset or liability, either directly or indirectly and include among other things, quoted prices for similar assets or liabilities in markets that are active or inactive as well as inputs other than quoted prices that are observable. For forward foreign exchange contracts, inputs include foreign currency exchange and interest rates and, where applicable, credit default swap prices.

Fair Value of Financial Instr30

Fair Value of Financial Instruments-Adjusted Historical Cost (Details) - USD ($) $ in Thousands		Feb. 28, 2016	Nov. 29, 2015
Senior notes [Member] | 6.875% senior notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated interest rate		6.875%
Senior notes [Member] | 5.00% Senior Notes, Due 2025 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated interest rate		5.00%
Bonds [Member] | 4.25% Yen-denominated Eurobonds, due 2016 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated interest rate		4.25%
Fair Value, Measurements, Recurring [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term debt carried at adjusted historical cost		$ 20,806	$ 15,996
Total financial liabilities carried at adjusted historical cost		1,101,966	1,157,612
Fair Value, Measurements, Recurring [Member] | Carrying Value [Member] | Senior notes [Member] | 6.875% senior notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Fair Value		536,519	527,715
Fair Value, Measurements, Recurring [Member] | Carrying Value [Member] | Senior notes [Member] | 5.00% Senior Notes, Due 2025 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Fair Value		488,749	482,145
Fair Value, Measurements, Recurring [Member] | Carrying Value [Member] | Bonds [Member] | 4.25% Yen-denominated Eurobonds, due 2016 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Fair Value		35,861	32,736
Fair Value, Measurements, Recurring [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term debt carried at adjusted historical cost		20,806	15,996
Total financial liabilities carried at adjusted historical cost		1,139,535	1,199,909
Fair Value, Measurements, Recurring [Member] | Fair Value [Member] | Senior notes [Member] | 6.875% senior notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Fair Value	[1]	575,871	570,355
Fair Value, Measurements, Recurring [Member] | Fair Value [Member] | Senior notes [Member] | 5.00% Senior Notes, Due 2025 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Fair Value	[1]	486,347	480,945
Fair Value, Measurements, Recurring [Member] | Fair Value [Member] | Bonds [Member] | 4.25% Yen-denominated Eurobonds, due 2016 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Fair Value	[1]	36,480	33,593
Senior revolving credit facility [Member] | Fair Value, Measurements, Recurring [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term debt carried at adjusted historical cost		20,031	99,020
Senior revolving credit facility [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term debt carried at adjusted historical cost		$ 20,031	$ 99,020
[1]	Fair values are estimated using Level 1 inputs and incorporate mid-market price quotes. Level 1 inputs are inputs which consist of quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.

Derivative Instruments and He31

Derivative Instruments and Hedging Activities-Balance Sheet (Details) - USD ($) $ in Thousands		Feb. 28, 2016	Nov. 29, 2015
Forward foreign exchange contracts [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Derivative asset, gross asset		$ 26,211	$ 30,837
Derivative asset, gross liability		(7,050)	(4,930)
Derivative asset, net		19,161	25,907
Derivative liability, gross asset		7,050	4,930
Derivative Liability, gross liability		(9,690)	(7,599)
Derivative Liability, net		(2,640)	(2,669)
Derivative, Fair Value, Net		16,521	23,238
Embedded Derivative Financial Instruments [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Derivative asset, gross asset		580	1,224
Derivative asset, gross liability		0	0
Derivative asset, net		580	1,224
Derivative liability, gross asset		0	0
Derivative Liability, gross liability		(6,733)	(5,140)
Derivative Liability, net		(6,733)	(5,140)
Derivative, Fair Value, Net		(6,153)	(3,916)
Carrying Value [Member] | Forward foreign exchange contracts [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Derivative asset, net		26,791	32,061
Derivative Liability, net		(16,423)	(12,739)
Carrying Value [Member] | Other assets [Member] | Forward foreign exchange contracts [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Derivative asset, gross asset	[1]	25,123	31,808
Derivative asset, gross liability	[1]	(5,382)	(4,677)
Derivative asset, Net Carrying Value	[1]	19,741	27,131
Carrying Value [Member] | Other accrued liabilities [Member] | Forward foreign exchange contracts [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Derivative liability, gross asset	[2]	1,668	253
Derivative Liability, gross liability	[2]	(11,041)	(8,062)
Derivative liability, Net Carrying Value	[2]	(9,373)	(7,809)
Bonds [Member] | 4.25% Yen-denominated Eurobonds, due 2016 [Member] | Carrying Value [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Hedging assets		0	0
Hedging liabilities		(8,496)	$ (7,832)
Long [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Forward foreign exchange contracts		725,700
Short [Member]
Carrying Value, Balance Sheet Location By Contract Type, By Hedging Designation [Line Items]
Forward foreign exchange contracts		$ 271,000
[1]	Included in “Other current assets” or “Other non-current assets” on the Company’s consolidated balance sheets.
[2]	Included in “Other accrued liabilities” on the Company’s consolidated balance sheets.

Derivative Instruments and He32

Derivative Instruments and Hedging Activities-Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015	Nov. 29, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Cumulative income taxes, gain or (loss) recognized in AOCI	$ 12,104		$ 11,849
Total, gain or (loss) recognized in AOCI	(18,656)		(18,247)
Forward foreign exchange contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Forward foreign exchange contracts, gain of (loss) recognized in AOCI	4,637		4,637
4.25% Yen-denominated Eurobonds, due 2016 [Member] | Bonds [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Non-derivative hedging instruments-gain or (loss) recognized in AOCI	(19,646)		(18,982)
Non-derivative hedging instruments-gain or (loss) recognized in other income	(2,103)	$ 346
Euro Senior Notes [Member] | Senior notes [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Non-derivative hedging instruments-gain or (loss) recognized in AOCI	(15,751)		$ (15,751)
Non-derivative hedging instruments-gain or (loss) recognized in other income	$ 0	$ 0

Derivative Instruments and He33

Derivative Instruments and Hedging Activities-Realized & Unrealized (Details) - Forward foreign exchange contracts [Member] - Other Income [Member] - USD ($) $ in Thousands	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Realized	$ 12,967	$ (3,960)
Unrealized	(9,231)	11,868
Total	$ 3,736	$ 7,908

Debt-Table (Details)

Debt-Table (Details) - USD ($) $ in Thousands	Feb. 28, 2016	Nov. 29, 2015	Mar. 01, 2015
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt, Excluding Current Maturities	$ 1,005,243	$ 1,004,938
Short-term debt	40,779	114,978
Long-term Debt, Current Maturities	35,394	32,625
Short-term debt and current maturities of long-term debt	76,173	147,603
Long-term and short-term debt	1,081,416	1,152,541
4.25% Yen-denominated Eurobonds, due 2016 [Member] | Bonds [Member]
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt, Current Maturities	$ 35,394		$ 32,625
Debt Instrument, Interest Rate, Stated Percentage	4.25%
6.875% senior notes due 2022 [Member] | Senior notes [Member]
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt, Excluding Current Maturities	$ 524,689	524,807
Debt Instrument, Interest Rate, Stated Percentage	6.875%
5.00% Senior Notes, Due 2025 [Member] | Senior notes [Member]
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt, Excluding Current Maturities	$ 480,554	480,131
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Senior revolving credit facility [Member]
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Short-term debt	$ 20,000	99,000
Short-term borrowings [Member]
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Short-term debt	$ 20,779	$ 15,978

Debt-Textuals (Details)

Debt-Textuals (Details) - USD ($) $ in Millions	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015
Debt Instruments [Line Items]
Weighted-average interest rate	6.26%	7.65%
Senior revolving credit facility [Member]
Debt Instruments [Line Items]
Unused availability	$ 739.7
Line of Credit Facility, Current Borrowing Capacity	798.2
Letters of credit and other credit usage	$ (58.5)
6.875% senior notes due 2022 [Member] | Senior notes [Member]
Debt Instruments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.875%
5.00% Senior Notes, Due 2025 [Member] | Senior notes [Member]
Debt Instruments [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.00%

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands		3 Months Ended
		Feb. 28, 2016	Mar. 01, 2015
Pension Benefits [Member]
Net periodic benefit cost (income):
Service cost		$ 2,058	$ 2,128
Interest cost	[1]	9,472	11,840
Expected return on plan assets		(12,134)	(12,717)
Amortization of prior service benefit		(15)	(16)
Amortization of actuarial loss		3,007	3,160
Curtailment loss		0	335
Net periodic benefit cost		2,388	4,730
Changes in accumulated other comprehensive loss:
Actuarial gain (loss)		152	0
Amortization of prior service benefit		15	16
Amortization of actuarial loss		(3,007)	(3,160)
Curtailment loss		0	(335)
Total recognized in accumulated other comprehensive loss		(2,840)	(3,479)
Total recognized in net periodic benefit cost and accumulated other comprehensive loss		(452)	1,251
Postretirement Benefits [Member]
Net periodic benefit cost (income):
Service cost		50	63
Interest cost	[1]	806	1,147
Expected return on plan assets		0	0
Amortization of prior service benefit		0	0
Amortization of actuarial loss		742	1,128
Curtailment loss		0	0
Net periodic benefit cost		1,598	2,338
Changes in accumulated other comprehensive loss:
Actuarial gain (loss)		0	0
Amortization of prior service benefit		0	0
Amortization of actuarial loss		(742)	(1,128)
Curtailment loss		0	0
Total recognized in accumulated other comprehensive loss		(742)	(1,128)
Total recognized in net periodic benefit cost and accumulated other comprehensive loss		$ 856	$ 1,210
[1]	The decrease in interest cost is primarily due to the election made at the end of 2015 to adopt the spot-rate approach to determine the interest cost component of pension and postretirement expense.

Restructuring-Liabilities Textu

Restructuring-Liabilities Textuals (Details) - USD ($) $ in Thousands	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015
Restructuring and Related Activities [Abstract]
Restructuring Charges	$ 1,848	$ 4,338
Corporate and Other [Member]
Restructuring Cost and Reserve [Line Items]
Other General and Administrative Expense	$ 1,497	$ 8,007

Restructuring-Charges Table (De

Restructuring-Charges Table (Details) - USD ($) $ in Thousands		3 Months Ended
		Feb. 28, 2016	Mar. 01, 2015
Restructuring Cost and Reserve [Line Items]
Initial Restructuring Charge		$ 1,569	$ 5,734
Restructuring Reserve, Accrual Adjustment		279	(1,731)
Noncash restructuring charges	[1]	0	335
Restructuring Charges		1,848	4,338
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Initial Restructuring Charge	[2]	1,445	5,320
Restructuring Reserve, Accrual Adjustment		279	(1,249)
Contract Termination [Member]
Restructuring Cost and Reserve [Line Items]
Initial Restructuring Charge		0	0
Restructuring Reserve, Accrual Adjustment		0	0
Other Restructuring [Member]
Restructuring Cost and Reserve [Line Items]
Initial Restructuring Charge	[3]	124	414
Restructuring Reserve, Accrual Adjustment		$ 0	$ (482)
[1]	Noncash pension and postretirement curtailment gains or losses resulting from the global productivity initiative are included in restructuring charges, with the associated liabilities included in "Pension liability" and "Postretirement medical benefits" on the Company's consolidated balance sheets.
[2]	Severance and employee-related benefits relate to items such as severance, based on separation benefits provided by Company policy or statutory benefit plans, out-placement services and career counseling for employees affected by the global productivity initiative.
[3]	Other restructuring costs are expensed as incurred and primarily relate to consulting fees and legal expenses associated with the execution of the restructuring initiative.

Restructuring-Liabilities Table

Restructuring-Liabilities Table (Details) - USD ($) $ in Thousands		3 Months Ended
		Feb. 28, 2016	Mar. 01, 2015	Nov. 29, 2015	Nov. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Current		$ 15,736	$ 42,596	$ 20,141	$ 57,817
Restructuring Reserve [Roll Forward]
Restructuring Reserve		21,738	63,363
Initial Restructuring Charge		1,569	5,734
Restructuring Reserve, Accrual Adjustment		279	(1,731)
Payments for Restructuring		(7,463)	(20,012)
Restructuring Reserve, Translation Adjustment		515	(3,738)
Restructuring Reserve		16,638	43,616
Restructuring Reserve, Noncurrent		902	1,020	$ 1,597	$ 5,546
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve		20,774	56,963
Initial Restructuring Charge	[1]	1,445	5,320
Restructuring Reserve, Accrual Adjustment		279	(1,249)
Payments for Restructuring		(7,339)	(13,681)
Restructuring Reserve, Translation Adjustment		515	(3,738)
Restructuring Reserve		15,674	43,615
Contract Termination [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve		0	0
Initial Restructuring Charge		0	0
Restructuring Reserve, Accrual Adjustment		0	0
Payments for Restructuring		0	0
Restructuring Reserve, Translation Adjustment		0	0
Restructuring Reserve		0	0
Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Restructuring Reserve		964	6,400
Initial Restructuring Charge	[2]	124	414
Restructuring Reserve, Accrual Adjustment		0	(482)
Payments for Restructuring		(124)	(6,331)
Restructuring Reserve, Translation Adjustment		0	0
Restructuring Reserve		$ 964	$ 1
[1]	Severance and employee-related benefits relate to items such as severance, based on separation benefits provided by Company policy or statutory benefit plans, out-placement services and career counseling for employees affected by the global productivity initiative.
[2]	Other restructuring costs are expensed as incurred and primarily relate to consulting fees and legal expenses associated with the execution of the restructuring initiative.

Dividend (Details)

Dividend (Details) $ in Thousands	3 Months Ended
	Feb. 28, 2016USD ($)
Dividends [Abstract]
Dividend declared	$ 60,000

Accumulated Other Comprehensi41

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Feb. 28, 2016	Nov. 29, 2015
Equity [Abstract]
Pension and postretirement benefits	$ (234,166)	$ (236,340)
Net investment hedge losses	(18,656)	(18,247)
Foreign currency translation losses	(125,743)	(117,394)
Unrealized gains on marketable securities	754	1,880
Accumulated other comprehensive loss	(377,811)	(370,101)
Accumulated other comprehensive income attributable to noncontrolling interest	9,184	8,965
Accumulated other comprehensive loss attributable to Levi Strauss & Co.	$ (386,995)	$ (379,066)

Other Expense, Net (Details)

Other Expense, Net (Details) - USD ($) $ in Thousands		3 Months Ended
		Feb. 28, 2016	Mar. 01, 2015
Other Income and Expenses [Abstract]
Foreign exchange management gains (losses)	[1]	$ 3,736	$ 7,908
Foreign currency transaction (losses) gains	[2]	(8,203)	(35,959)
Interest income		209	460
Investment income		708	439
Other		1,331	1,124
Total other expense, net		$ (2,219)	$ (26,028)
[1]	Gains and losses on forward foreign exchange contracts primarily result from currency fluctuations relative to negotiated contract rates. Gains in 2016 and 2015 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso, partially offset in 2016 by unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro.
[2]	Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Losses in 2016 were primarily due to the weakening of various currencies against the Euro. Losses in 2015 were primarily due to the weakening of various foreign currencies, particularly the Euro, against the U.S. Dollar.

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015
Income Tax Disclosure [Abstract]
Effective income tax rate	33.40%	34.10%

Related Parties (Details)

Related Parties (Details) - USD ($) $ in Millions	3 Months Ended
	Feb. 28, 2016	Mar. 01, 2015
Levi Strauss Foundation [Member]
Related Party Transaction [Line Items]
Related Party Donations	$ 0.3	$ 5.9

Business Segment Information (D

Business Segment Information (Details) $ in Thousands	3 Months Ended
	Feb. 28, 2016USD ($)Regional_Segments	Mar. 01, 2015USD ($)
Segment Reporting Information [Line Items]
Gain on disposal of assets	$ 12	$ (26)
Number of operating segments | Regional_Segments	3
Net revenues	$ 1,056,500	1,055,075
Operating income	116,587	107,445
Restructuring Charges	1,848	4,338
Interest expense	(14,902)	(23,312)
Other expense, net	(2,219)	(26,028)
Income before income taxes	99,466	58,105
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Other General and Administrative Expense	1,497	8,007
Other Selling, General and Administrative Expense	70,131	88,031
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Operating income	73,476	100,376
Regional operating income [Member]
Segment Reporting Information [Line Items]
Operating income	190,063	207,821
AMEA [Member]
Segment Reporting Information [Line Items]
Net revenues	208,829	203,500
Operating income	46,605	47,340
Europe [Member]
Segment Reporting Information [Line Items]
Net revenues	276,486	277,488
Operating income	61,709	58,189
Americas [Member]
Segment Reporting Information [Line Items]
Net revenues	571,185	574,087
Operating income	$ 81,749	$ 102,292