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Other Income, Net (Tables) | 12 Months Ended
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Nov. 29, 2020
Other Income and Expenses [Abstract] |
Schedule of other nonoperating income (expense) | The following table summarizes significant components of "Other income (expense), net":
| Year Ended
| November 29, 2020 |  | November 24, 2019 |  | November 25, 2018
| (Dollars in thousands)
Foreign exchange management gains (losses)(1) | $ | 2,299 |  |  | $ | 126 |  |  | $ | 11,167 |
Foreign currency transaction (losses) gains(2) | (18,057) |  |  | (6,231) |  |  | (7,498) |
Interest income | 8,390 |  |  | 17,190 |  |  | 9,400 |
Investment income | 1,243 |  |  | 1,509 |  |  | 734 |
Pension settlement losses(3) | (14,737) |  |  | — |  |  | — |
Other | (1,612) |  |  | (10,577) |  |  | 1,104 |
Total other income (expense), net | $ | (22,474) |  |  | $ | 2,017 |  |  | $ | 14,907 |
_____________ (1)Gains and losses on forward foreign exchange contracts primarily result from currency fluctuations relative to negotiated contract rates. Gains in fiscal year 2018 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro and the British Pound. (2)Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Losses in fiscal year 2020 were primarily due to the U.S. dollar weakening against most currencies during the year. (3)Pension settlement losses relate to the voluntary lump-sum, cash-out program offered to vested deferred U.S. pension plan participants. See Note 9 for further information.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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