CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands |
May 31, 2022 |
Nov. 30, 2021 |
| ASSETS |
|
|
| Cash and cash equivalents (includes $34 and $3,765 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
$ 6,955,031
|
$ 8,813,564
|
| Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations |
962,590
|
1,015,107
|
| Financial instruments owned, at fair value (includes securities pledged of $16,398,557 and $12,723,502 at May 31, 2022 and November 30, 2021, respectively; and $37,780 and $319,497 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
19,950,875
|
19,336,237
|
| Loans to and investments in related parties |
1,428,322
|
1,159,048
|
| Securities borrowed |
6,312,320
|
6,409,420
|
| Securities purchased under agreements to resell |
4,744,979
|
7,642,484
|
| Securities received as collateral, at fair value |
1,322
|
7,289
|
| Receivables: |
|
|
| Brokers, dealers and clearing organizations ($29,075 and $39,435 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
5,934,193
|
4,896,704
|
| Customers |
2,093,436
|
1,615,822
|
| Fees, interest and other (includes receivables pledged of $111,126 and $0 at May 31, 2022 and November 30, 2021, respectively, and $668,156 and $679 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
1,183,224
|
474,304
|
| Premises and equipment |
858,359
|
860,742
|
| Goodwill |
1,639,977
|
1,645,317
|
| Other assets ($53,872 and $0 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
1,091,702
|
892,862
|
| Total assets |
53,156,330
|
54,768,900
|
| LIABILITIES AND EQUITY |
|
|
| Short-term borrowings |
354,181
|
221,863
|
| Financial instruments sold, not yet purchased, at fair value ($6,872 and $109,088 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
13,614,475
|
11,690,795
|
| Collateralized financings: |
|
|
| Securities loaned |
1,876,434
|
1,525,721
|
| Securities sold under agreements to repurchase |
8,163,890
|
8,446,099
|
| Other secured financings (includes $2,362 and $102,788 at fair value at May 31, 2022 and November 30, 2021, respectively; and $2,663,660 and $3,791,886 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
2,666,022
|
3,794,248
|
| Obligation to return securities received as collateral, at fair value |
1,322
|
7,289
|
| Payables: |
|
|
| Brokers, dealers and clearing organizations (includes $23 and $44,246 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
4,773,383
|
5,814,066
|
| Customers |
3,718,687
|
4,461,950
|
| Lease liabilities |
507,679
|
521,448
|
| Accrued expenses and other liabilities (includes $3,503 and $1,787 at May 31, 2022 and November 30, 2021, respectively, related to consolidated VIEs) |
1,795,595
|
3,166,987
|
| Long-term debt (includes $1,617,020 and $1,843,598 at fair value at May 31, 2022 and November 30, 2021, respectively) |
7,826,819
|
8,039,826
|
| Total liabilities |
45,298,487
|
47,690,292
|
| EQUITY |
|
|
| Member’s paid-in capital |
8,097,258
|
7,381,391
|
| Accumulated other comprehensive income (loss): |
|
|
| Currency translation and other adjustments |
(173,782)
|
(151,661)
|
| Changes in instrument-specific credit risk |
(76,472)
|
(153,672)
|
| Additional minimum pension liability |
(8,562)
|
(8,843)
|
| Available-for-sale securities |
(277)
|
269
|
| Total accumulated other comprehensive loss |
(259,093)
|
(313,907)
|
| Total Jefferies Group LLC member’s equity |
7,838,165
|
7,067,484
|
| Noncontrolling interests |
19,678
|
11,124
|
| Total equity |
7,857,843
|
7,078,608
|
| Total liabilities and equity |
$ 53,156,330
|
$ 54,768,900
|