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Accumulated Other Comprehensive Loss | 9 Months Ended
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Aug. 25, 2024
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE LOSS | 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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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
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