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Business Segment Information | 9 Months Ended
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Aug. 27, 2023
Segment Reporting [Abstract] |
BUSINESS SEGMENT INFORMATION | BUSINESS SEGMENT INFORMATION The Company manages its business according to three reportable segments: Americas, Europe, and Asia, collectively comprising the Company’s Levi’s Brands business, which includes Levi’s®, Signature by Levi Strauss & Co.™ and Denizen® brands. Other Brands, which include Dockers® and Beyond Yoga® businesses, which do not separately meet the quantitative thresholds for reportable segments and therefore are presented under the caption of Other Brands. Corporate expenses are comprised of selling, general and administrative expenses that management does not attribute to any of our operating segments and these expenses primarily relate to corporate administration, information and technology resources, finance and human resources functional and organizational costs. 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 segments’ net revenues and operating income. Business segment information for the Company is as follows:
| Three Months Ended |  | Nine Months Ended
| August 27, 2023 |  | August 28, 2022 |  | August 27, 2023 |  | August 28, 2022
| (Dollars in millions)
Net revenues: |  |  |  |  |  |  |
Americas | $ | 766.7 |  |  | $ | 805.1 |  |  | $ | 2,198.6 |  |  | $ | 2,347.0 |
Europe | 384.1 |  |  | 390.3 |  |  | 1,200.5 |  |  | 1,226.8 |
Asia | 246.5 |  |  | 220.6 |  |  | 797.7 |  |  | 700.9 |
Total segment net revenues | 1,397.3 |  |  | 1,416.0 |  |  | 4,196.8 |  |  | 4,274.7 |
Other Brands | 113.7 |  |  | 101.2 |  |  | 339.9 |  |  | 305.2 |
Total net revenues | $ | 1,511.0 |  |  | $ | 1,517.2 |  |  | $ | 4,536.7 |  |  | $ | 4,579.9 |
Income before income taxes: |  |  |  |  |  |  |
Americas | $ | 135.6 |  |  | $ | 177.1 |  |  | $ | 323.4 |  |  | $ | 513.6 |
Europe | 68.1 |  |  | 84.4 |  |  | 240.4 |  |  | 287.8 |
Asia | 30.2 |  |  | 19.9 |  |  | 116.0 |  |  | 82.6 |
Total segment operating income | 233.9 |  |  | 281.4 |  |  | 679.8 |  |  | 884.0 |
Other Brands | (1.8) |  |  | 2.4 |  |  | (0.4) |  |  | 16.0 |
Restructuring charges, net | (1.5) |  |  | 1.5 |  |  | (19.3) |  |  | 3.3 |
Goodwill and other intangible asset impairment charges(1) | (90.2) |  |  | — |  |  | (90.2) |  |  | (11.6) |
Corporate expenses | (105.6) |  |  | (86.2) |  |  | (367.8) |  |  | (382.2) |
Interest expense | (11.5) |  |  | (7.7) |  |  | (35.4) |  |  | (16.3) |
Other (expense) income, net(2) | (26.7) |  |  | (5.2) |  |  | (38.1) |  |  | 16.7 |
(Loss) income before income taxes | $ | (3.4) |  |  | $ | 186.2 |  |  | $ | 128.6 |  |  | $ | 509.9 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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