XML 55 R38.htm IDEA: XBRL DOCUMENT v3.22.4

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Nov. 27, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying amount of goodwill

The changes in the carrying amount of goodwill by business segment for the years ended November 27, 2022 and November 28, 2021, were as follows:

			Americas						Europe						Asia						Other Brands						Total
			(Dollars in millions)
Balance, November 29, 2020			$	233.0					$	28.7					$	3.1					$	—					$	264.8
Additions(1)			—						1.7						—						123.7						125.4
Foreign currency fluctuation			(1.6)						(1.6)						(0.1)						—						(3.3)
Balance, November 28, 2021			231.4						28.8						3.0						123.7						386.9
Impairments			—						(11.6)						—						—						(11.6)
Adjustments			—						—						—						(0.1)						(0.1)
Foreign currency fluctuation			(1.9)						(7.5)						(0.1)						—						(9.5)
Balance, November 27, 2022			$	229.5					$	9.7					$	2.9					$	123.6					$	365.7

_____________

(1)Additions to Other Brands goodwill in fiscal year 2021 relates to the acquisition of Beyond Yoga®. Refer to Note 4 for more information.

Other intangible assets

Other intangible assets, net, were as follows:

			November 27, 2022																		November 28, 2021
			Gross Carrying Value						Accumulated Amortization						Total						Gross Carrying Value						Accumulated Amortization						Total
			(Dollars in millions)
Non-amortized intangible assets:
Trademarks			$	258.7					$	—					$	258.7					$	258.7					$	—					$	258.7
Amortized intangible assets:
Customer relationships and other			37.9						(9.9)						28.0						38.7						(6.1)						32.6
Total			$	296.6					$	(9.9)					$	286.7					$	297.4					$	(6.1)					$	291.3

Finite-Lived Intangible Assets, Future Amortization Expense

Estimated amortization expense for each of the next five years is as follows:

			November 27, 2022
			(Dollars in millions)
2023			$	4.4
2024			4.4
2025			4.4
2026			4.0
2027			2.3
Thereafter			8.5
Total			$	28.0

X

- Definition

Schedule Of Finite-Lived and Indefinite-Lived Intangible Assets By Major Class [Table Text Block]

+ References

No definition available.

+ Details

Name:	lvis_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix:	lvis_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration