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Accumulated Other Comprehensive Loss (Tables) | 6 Months Ended
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May 26, 2024
Equity [Abstract] |
Schedule of accumulated other comprehensive loss | The following is a summary of the components of "Accumulated other comprehensive loss," net of related income taxes:
| Three Months Ended May 26, 2024
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  | Unrealized (Loss) Gain on Marketable Securities(1) |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at February 25, 2024 | $ | (151.7) |  |  | $ | (30.3) |  |  | $ | (201.3) |  |  | $ | — |  |  | $ | (383.3) |
Other comprehensive income (loss) before reclassifications | (0.9) |  |  | (3.6) |  |  | 4.0 |  |  | — |  |  | (0.5) |
Amounts reclassified from accumulated other comprehensive loss | 2.4 |  |  | 6.7 |  |  | — |  |  | — |  |  | 9.1 |
Net increase (decrease) in other comprehensive income (loss) | 1.5 |  |  | 3.1 |  |  | 4.0 |  |  | — |  |  | 8.6 |
Accumulated other comprehensive loss at May 26, 2024 | $ | (150.2) |  |  | $ | (27.2) |  |  | $ | (197.3) |  |  | $ | — |  |  | $ | (374.7) |
| Six Months Ended May 26, 2024
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  | Unrealized (Loss) Gain on Marketable Securities(1) |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at November 26, 2023 | $ | (153.2) |  |  | $ | (42.0) |  |  | $ | (195.7) |  |  | $ | — |  |  | $ | (390.9) |
Other comprehensive (loss) income before reclassifications | (1.4) |  |  | (3.2) |  |  | (1.6) |  |  | — |  |  | (6.2) |
Amounts reclassified from accumulated other comprehensive (loss) income | 4.4 |  |  | 18.0 |  |  | — |  |  | — |  |  | 22.4 |
Net increase (decrease) in other comprehensive (loss) income | 3.0 |  |  | 14.8 |  |  | (1.6) |  |  | — |  |  | 16.2 |
Accumulated other comprehensive loss at May 26, 2024 | $ | (150.2) |  |  | $ | (27.2) |  |  | $ | (197.3) |  |  | $ | — |  |  | $ | (374.7) |
____________ (1)Amounts reclassified were recorded in other expense, net. (2)Amounts reclassified were recorded within net revenues and cost of goods sold. For more information, refer to Note 3.
| Three Months Ended May 28, 2023
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  | Unrealized Gain (Loss) on Marketable Securities(1) |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at February 26, 2023 | $ | (177.7) |  |  | $ | (12.4) |  |  | $ | (228.4) |  |  | $ | — |  |  | $ | (418.5) |
Other comprehensive income (loss) before reclassifications | (0.6) |  |  | (7.6) |  |  | 16.4 |  |  | — |  |  | 8.2 |
Amounts reclassified from accumulated other comprehensive loss | 2.3 |  |  | (13.7) |  |  | — |  |  | — |  |  | (11.4) |
Net increase (decrease) in other comprehensive income (loss) | 1.7 |  |  | (21.3) |  |  | 16.4 |  |  | — |  |  | (3.2) |
Accumulated other comprehensive loss at May 28, 2023 | $ | (176.0) |  |  | $ | (33.7) |  |  | $ | (212.0) |  |  | $ | — |  |  | $ | (421.7) |
| Six Months Ended May 28, 2023
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  | Unrealized Gain (Loss) on Marketable Securities(1) |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at November 27, 2022 | $ | (179.5) |  |  | $ | 7.2 |  |  | $ | (248.7) |  |  | $ | (0.7) |  |  | $ | (421.7) |
Other comprehensive (loss) income before reclassifications | (1.1) |  |  | (16.1) |  |  | 36.7 |  |  | 0.1 |  |  | 19.6 |
Amounts reclassified from accumulated other comprehensive loss | 4.6 |  |  | (24.8) |  |  | — |  |  | 0.6 |  |  | (19.6) |
Net increase (decrease) in other comprehensive (loss) income | 3.5 |  |  | (40.9) |  |  | 36.7 |  |  | 0.7 |  |  | — |
Accumulated other comprehensive loss at May 28, 2023 | $ | (176.0) |  |  | $ | (33.7) |  |  | $ | (212.0) |  |  | $ | — |  |  | $ | (421.7) |
_____________ (1)Amounts reclassified were recorded in other expense, net. (2)Amounts reclassified were recorded within net revenues and cost of goods sold. For more information, refer to Note 3.

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