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Restructuring Activities (Tables) | 6 Months Ended
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Jun. 01, 2025
Restructuring and Related Activities [Abstract] |
Summary of Activities Associated with Restructuring Liabilities | The following tables summarize the activities associated with restructuring liabilities for the periods presented. "Net Charges (Reversals)" represents the initial charge related to the restructuring activity as well as revisions of estimates related to severance and employee-related benefits and other, "Payments" consists of cash payments for severance and employee-related benefits and other, and "Foreign Currency Fluctuations" includes foreign currency fluctuations.
| Three Months Ended June 1, 2025
| Liabilities |  | Net Charges (Reversals)(1) |  |  |  | Payments |  | Foreign Currency Fluctuations |  | Liabilities
March 2, 2025 |  | June 1, 2025
| (Dollars in millions)
Severance and employee-related benefits | $ | 63.8 |  |  | $ | 7.6 |  |  |  |  | $ | (15.6) |  |  | $ | 2.8 |  |  | $ | 58.6 |
Contract termination costs and other | 21.8 |  |  | 2.1 |  |  |  |  | (0.1) |  |  | 4.3 |  |  | 28.1 |
Total | $ | 85.6 |  |  | $ | 9.7 |  |  |  |  | $ | (15.7) |  |  | $ | 7.1 |  |  | $ | 86.7 |
_____________ (1)Excludes $0.5 million in stock compensation related charges recorded in Additional paid-in capital and $7.2 million of asset impairment charges in connection with the closures of distribution centers, partially offset by a $9.3 million gain on the sale of a previously closed distribution center. Includes $1.4 million of Dockers® restructuring costs reported as discontinued operations.
| Six Months Ended June 1, 2025
| Liabilities |  | Net Charges (Reversals)(1) |  |  |  | Payments |  | Foreign Currency Fluctuations |  | Liabilities
December 1, 2024 |  | June 1, 2025
| (Dollars in millions)
Severance and employee-related benefits | $ | 83.7 |  |  | $ | 11.6 |  |  |  |  | $ | (39.0) |  |  | $ | 2.3 |  |  | $ | 58.6 |
Contract termination costs and other | 20.7 |  |  | 3.7 |  |  |  |  | (0.6) |  |  | 4.3 |  |  | 28.1 |
Total | $ | 104.4 |  |  | $ | 15.3 |  |  |  |  | $ | (39.6) |  |  | $ | 6.6 |  |  | $ | 86.7 |
_____________ (1)Excludes $1.3 million in stock compensation related charges recorded in Additional paid-in capital, $9.2 million of asset impairment charges in connection with the closures of distribution centers, partially offset by a $9.3 million gain on the sale of a previously closed distribution center. Includes $3.2 million of Dockers® restructuring costs reported as discontinued operations.
| Three Months Ended May 26, 2024
| Liabilities |  | Net Charges (Reversals) |  |  |  | Payments |  | Foreign Currency Fluctuations |  | Liabilities
February 25, 2024 |  | May 26, 2024
| (Dollars in millions)
Severance and employee-related benefits | $ | 123.0 |  |  | $ | 32.6 |  |  |  |  | $ | (22.6) |  |  | $ | 0.6 |  |  | $ | 133.6 |
Contract termination costs and other | — |  |  | 22.5 |  |  |  |  | (2.1) |  |  | — |  |  | 20.4 |
Total | $ | 123.0 |  |  | $ | 55.1 |  |  |  |  | $ | (24.7) |  |  | $ | 0.6 |  |  | $ | 154.0 |
| Six Months Ended May 26, 2024
| Liabilities |  | Net Charges (Reversals)(1) |  |  |  | Payments |  | Foreign Currency Fluctuations |  | Liabilities
November 26, 2023 |  | May 26, 2024
| (Dollars in millions)
Severance and employee-related benefits | $ | 17.8 |  |  | $ | 146.0 |  |  |  |  | $ | (31.0) |  |  | $ | 0.8 |  |  | $ | 133.6 |
Contract termination costs and other | 0.2 |  |  | 22.5 |  |  |  |  | (2.2) |  |  | (0.1) |  |  | 20.4 |
Total | $ | 18.0 |  |  | $ | 168.5 |  |  |  |  | $ | (33.2) |  |  | $ | 0.7 |  |  | $ | 154.0 |
_____________ (1)Excludes $2.0 million in stock compensation related charges recorded in Additional paid-in capital and $0.8 million in operating lease termination. Includes $3.1 million of Dockers® restructuring costs reported as discontinued operations.

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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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