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Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Aug. 25, 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 August 25, 2024
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  |  |  |
|  | Derivative Instruments(2) |  | Foreign Currency Translation |  |  | Total
| (Dollars in millions)
Accumulated other comprehensive loss at May 26, 2024 | $ | (150.2) |  |  | $ | (27.2) |  |  | $ | (197.3) |  |  |  |  | $ | (374.7) |
Other comprehensive (loss) income before reclassifications | (0.4) |  |  | (11.0) |  |  | (34.9) |  |  |  |  | (46.3) |
Amounts reclassified from accumulated other comprehensive loss | 2.3 |  |  | 0.2 |  |  | — |  |  |  |  | 2.5 |
Net increase (decrease) in other comprehensive (loss) income | 1.9 |  |  | (10.8) |  |  | (34.9) |  |  |  |  | (43.8) |
Accumulated other comprehensive loss at August 25, 2024 | $ | (148.3) |  |  | $ | (38.0) |  |  | $ | (232.2) |  |  |  |  | $ | (418.5) |
| Nine Months Ended August 25, 2024
| Pension and Postretirement Benefits(1) |  | Translation Adjustments |  |  |  |
|  | 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 | (1.8) |  |  | (14.2) |  |  | (36.5) |  |  |  |  | (52.5) |
Amounts reclassified from accumulated other comprehensive loss | 6.7 |  |  | 18.2 |  |  | — |  |  |  |  | 24.9 |
Net increase (decrease) in other comprehensive (loss) income | 4.9 |  |  | 4.0 |  |  | (36.5) |  |  |  |  | (27.6) |
Accumulated other comprehensive loss at August 25, 2024 | $ | (148.3) |  |  | $ | (38.0) |  |  | $ | (232.2) |  |  |  |  | $ | (418.5) |
____________ (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 4.
| Three Months Ended August 27, 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 May 28, 2023 | $ | (176.0) |  |  | $ | (33.7) |  |  | $ | (212.0) |  |  | $ | — |  |  | $ | (421.7) |
Other comprehensive (loss) income before reclassifications | (7.0) |  |  | (7.9) |  |  | 20.7 |  |  | — |  |  | 5.8 |
Amounts reclassified from accumulated other comprehensive loss | 21.1 |  |  | (3.3) |  |  | — |  |  | — |  |  | 17.8 |
Net increase (decrease) in other comprehensive income (loss) | 14.1 |  |  | (11.2) |  |  | 20.7 |  |  | — |  |  | 23.6 |
Accumulated other comprehensive loss at August 27, 2023 | $ | (161.9) |  |  | $ | (44.9) |  |  | $ | (191.3) |  |  | $ | — |  |  | $ | (398.1) |
| Nine Months Ended August 27, 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 | (8.1) |  |  | (24.0) |  |  | 57.4 |  |  | 0.1 |  |  | 25.4 |
Amounts reclassified from accumulated other comprehensive loss | 25.7 |  |  | (28.1) |  |  | — |  |  | 0.6 |  |  | (1.8) |
Net increase (decrease) in other comprehensive (loss) income | 17.6 |  |  | (52.1) |  |  | 57.4 |  |  | 0.7 |  |  | 23.6 |
Accumulated other comprehensive loss at August 27, 2023 | $ | (161.9) |  |  | $ | (44.9) |  |  | $ | (191.3) |  |  | $ | — |  |  | $ | (398.1) |
_____________ (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 4.

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