Levi strauss & co (LEVI)
Balance Sheet / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11Nov'10
ASSETS
Current Assets:
Cash and Cash Equivalents, at Carrying Value

873

934

863

860

621

713

612

698

590

633

491

437

368

375

271

359

271

318

272

284

202

298

367

386

502

489

382

389

449

406

314

277

238

204

230

269

Short-term investments

83

80

80

79

100

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-

Trade receivables, net of allowance for doubtful accounts of $5,835 and $6,172

709

782

722

574

633

534

487

342

428

485

446

309

406

479

445

334

388

498

438

325

368

481

441

341

388

446

419

342

398

500

438

366

533

654

539

553

Inventories:
Raw materials

5

4

5

5

5

3

3

4

3

3

4

4

3

2

3

3

3

3

3

3

4

4

4

3

3

3

4

4

4

5

6

6

7

7

7

6

Work-in-process

3

3

2

2

2

2

2

4

3

3

3

3

2

3

3

3

3

3

3

2

4

5

6

6

6

6

6

6

5

9

9

8

7

9

13

9

Finished goods

845

875

927

887

905

877

931

833

819

752

818

772

761

710

844

783

733

600

668

606

585

591

712

676

655

593

613

528

561

503

543

491

625

594

709

563

Total inventories

854

884

935

895

914

883

938

842

826

759

826

780

767

716

851

790

740

606

674

612

593

600

722

686

665

603

624

539

572

518

559

506

640

611

730

579

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

161

171

166

-

213

201

196

187

126

114

114

116

142

97

99

99

143

137

Other current assets

222

188

212

196

177

157

157

120

137

118

122

114

116

115

105

100

109

104

95

104

119

99

111

122

116

112

128

130

125

136

120

134

173

172

140

110

Total current assets

2,744

2,870

2,813

2,607

2,447

2,288

2,195

2,004

1,983

1,997

1,886

1,641

1,659

1,686

1,673

1,585

1,509

1,528

1,643

1,499

1,451

1,480

1,855

1,739

1,869

1,839

1,681

1,517

1,660

1,678

1,577

1,382

1,684

1,743

1,791

1,651

Property, plant and equipment, net of accumulated depreciation of $1,073,020 and $1,054,267

460

529

498

480

463

460

420

413

414

424

388

390

380

393

384

383

386

390

375

370

372

392

396

410

422

439

436

445

451

458

458

474

485

502

507

488

Goodwill

259

235

235

235

236

236

236

237

238

237

237

235

234

234

236

236

235

235

236

235

236

238

240

241

241

241

240

239

240

239

239

239

241

240

243

241

Other intangible assets, net

50

42

42

42

42

42

42

42

42

42

42

42

42

42

43

43

43

43

43

44

45

45

46

47

48

49

51

53

57

59

62

65

69

71

76

84

Deferred tax assets, net

416

407

413

414

398

397

400

397

413

537

553

533

504

523

556

576

569

580

458

474

486

663

416

445

452

448

618

607

615

612

551

598

610

613

558

559

Operating Lease, Right-of-Use Asset

1,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

156

146

134

128

120

117

121

124

125

118

113

110

108

107

95

93

93

106

118

115

99

85

101

102

110

108

116

116

122

120

118

133

118

107

109

110

Total assets

5,115

4,232

4,138

3,909

3,708

3,542

3,417

3,220

3,218

3,357

3,221

2,955

2,930

2,987

2,989

2,917

2,838

2,884

2,876

2,739

2,691

2,906

3,058

2,986

3,145

3,127

3,145

2,980

3,146

3,170

3,007

2,893

3,210

3,279

3,287

3,135

LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY (DEFICIT)
Current Liabilities:
Short-term debt

19

7

27

11

23

31

35

23

24

38

33

31

34

38

61

124

40

114

144

140

33

131

130

137

35

41

38

54

81

59

62

65

114

154

129

46

Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

36

35

32

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Current maturities of capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

1

0

0

1

1

1

1

Accounts payable

304

360

357

339

329

351

361

328

305

289

300

274

256

270

269

282

267

238

278

240

197

234

262

239

249

254

249

208

246

225

231

164

214

204

248

212

Accrued salaries, wages and employee benefits

186

223

194

164

215

298

249

196

182

227

186

152

141

180

163

140

133

182

168

145

139

178

157

157

161

209

186

176

165

223

169

168

171

235

192

196

Restructuring liabilities

-

-

-

-

-

-

0

0

0

-

1

1

2

4

8

10

15

20

27

32

42

57

37

49

56

0

-

-

-

-

-

-

-

-

-

-

Accrued interest payable

15

5

16

5

16

6

17

6

17

6

17

6

20

5

21

5

21

5

21

6

25

5

28

5

32

5

32

6

30

5

30

6

36

9

37

9

Accrued income taxes

32

24

47

34

34

15

36

27

42

16

36

1

13

9

18

23

17

6

7

6

10

9

8

18

27

11

72

50

50

16

14

2

18

9

18

17

Accrued sales returns and allowances

185

171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term operating lease liability (Note 1)

212

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Sales Commission

-

-

125

116

109

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued liabilities

334

375

417

435

474

348

340

320

336

301

288

265

263

252

254

242

296

245

234

214

260

259

220

211

219

262

186

189

219

263

221

196

216

256

233

275

Total current liabilities

1,291

1,167

1,186

1,107

1,204

1,052

1,042

903

909

879

863

733

731

761

836

865

826

846

882

785

708

877

845

819

783

785

767

685

794

796

729

605

773

872

861

759

Long-term debt

994

1,006

1,007

1,011

1,017

1,020

1,026

1,034

1,062

1,038

1,035

1,007

1,006

1,006

1,005

1,005

1,005

1,004

1,051

1,050

1,091

1,078

1,296

1,303

1,510

1,504

1,501

1,488

1,598

1,669

1,662

1,690

1,814

1,817

1,856

1,816

Long-term capital leases

-

-

-

-

-

-

15

16

16

-

15

15

15

15

14

12

12

12

12

12

11

11

10

10

10

10

10

4

0

0

1

1

1

1

2

3

Postretirement medical benefits

62

64

68

70

72

74

81

84

86

89

93

95

98

100

96

99

102

105

112

114

116

122

117

119

121

122

134

137

138

140

131

135

137

140

139

147

Pension liability

179

193

187

190

193

195

191

225

247

314

329

337

337

354

340

346

348

358

379

381

386

406

326

330

327

326

465

467

471

492

387

392

395

427

326

400

Long-term employee related benefits

94

84

80

79

84

107

97

87

81

90

78

72

67

73

68

64

59

73

71

71

69

80

74

72

74

73

67

67

63

62

72

81

81

75

94

102

Long-term income tax liabilities

10

10

11

11

10

9

8

7

21

20

17

16

20

20

23

22

27

26

24

31

34

35

31

24

28

30

34

30

35

40

38

37

43

42

48

50

Long-term operating lease liability (Note 1)

850

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

36

134

128

117

116

116

77

77

75

95

72

69

58

63

60

61

57

56

55

55

55

63

57

59

59

61

58

59

59

60

57

54

54

51

54

54

Total liabilities

3,520

2,660

2,670

2,588

2,699

2,576

2,538

2,437

2,501

2,528

2,506

2,347

2,337

2,395

2,446

2,478

2,440

2,483

2,589

2,502

2,474

2,674

2,759

2,739

2,916

2,913

3,041

2,940

3,161

3,263

3,081

2,999

3,300

3,429

3,383

3,335

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Temporary equity (Note 1)

-

-

0

0

322

299

225

190

160

127

90

75

86

79

82

71

76

68

87

73

79

77

52

44

38

38

29

26

10

7

7

5

6

7

10

8

Stockholders’ Equity:
Levi Strauss & Co. stockholders’ equity
Common stock — $.001 par value; 1,200,000,000 Class A shares authorized, 63,991,842 shares and 53,079,235 shares issued and outstanding as of February 23, 2020 and November 24, 2019, respectively; and 422,000,000 Class B shares authorized, 335,136,502 shares and 340,674,741 shares issued and outstanding, as of February 23, 2020 and November 24, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

601

657

647

629

0

0

-

-

-

-

0

0

0

1

0

2

0

3

0

0

0

0

1

6

9

7

17

18

32

33

33

33

31

29

24

18

Accumulated Other Comprehensive Income (Loss), Net Of Tax, Attributable to Parent

-452

-404

-406

-411

-416

-424

-413

-408

-399

-404

-409

-412

-417

-427

-377

-378

-386

-379

-389

-376

-382

-375

-312

-310

-317

-312

-407

-412

-417

-414

-342

-346

-336

-346

-247

-272

Retained earnings

1,445

1,310

1,219

1,094

1,094

1,084

1,060

992

949

1,100

1,029

942

921

935

834

741

705

705

587

538

518

528

554

503

495

475

460

403

355

273

221

192

199

150

106

33

Total Levi Strauss & Co. stockholders’ equity

1,594

1,563

1,460

1,313

678

660

646

584

550

696

620

530

504

509

457

365

319

330

197

162

135

153

244

200

187

171

71

9

-28

-106

-87

-119

-104

-165

-115

-219

Noncontrolling interest

0

8

7

7

7

7

7

8

6

5

3

2

2

2

2

2

2

1

1

0

1

1

1

2

2

3

3

4

4

5

5

8

8

8

8

10

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

1,594

1,571

1,468

1,321

686

667

654

592

556

702

624

532

506

511

460

367

321

331

199

163

136

154

245

202

190

174

74

13

-24

-101

-82

-110

-96

-156

-106

-208

Total liabilities and stockholders’ equity

5,115

4,232

4,138

3,909

3,708

3,542

3,417

3,220

3,218

3,357

3,221

2,955

2,930

2,987

2,989

2,917

2,838

2,884

2,876

2,739

2,691

2,906

3,058

2,986

3,145

3,127

3,145

2,980

3,146

3,170

3,007

2,893

3,210

3,279

3,287

3,135