2020 Q2 Form 10-Q Financial Statement

#000009622320000041 Filed on July 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $1.378B $1.510B
YoY Change -8.8% 21.43%
Cost Of Revenue $80.77M $80.42M
YoY Change 0.44% -11.33%
Gross Profit $1.297B $1.430B
YoY Change -9.31% 24.01%
Gross Profit Margin 94.14% 94.68%
Selling, General & Admin $847.6M $739.6M
YoY Change 14.6% 3.43%
% of Gross Profit 65.36% 51.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.37M $36.79M
YoY Change 9.73% 15.3%
% of Gross Profit 3.11% 2.57%
Operating Expenses $887.9M $776.5M
YoY Change 14.35% 3.95%
Operating Profit $408.9M $653.5M
YoY Change -37.43% 60.9%
Interest Expense $21.16M $23.14M
YoY Change -8.55% -4.7%
% of Operating Profit 5.18% 3.54%
Other Income/Expense, Net
YoY Change
Pretax Income $75.51M $183.5M
YoY Change -58.85% 389.08%
Income Tax $31.96M -$488.8M
% Of Pretax Income 42.33% -266.4%
Net Earnings $44.92M $670.8M
YoY Change -93.3% -7.55%
Net Earnings / Revenue 3.26% 44.41%
Basic Earnings Per Share $0.16 $2.17
Diluted Earnings Per Share $0.16 $2.14
COMMON SHARES
Basic Shares Outstanding 286.8M shares 307.0M shares
Diluted Shares Outstanding 286.8M shares 312.5M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.884B $5.394B
YoY Change 27.62% 13.77%
Cash & Equivalents $6.884B $5.394B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $13.42B $12.31B
YoY Change 9.09% 15.9%
LONG-TERM ASSETS
Property, Plant & Equipment $918.0M
YoY Change
Goodwill $1.736B $1.701B
YoY Change 2.07% -0.25%
Intangibles $173.7M $181.6M
YoY Change -4.36% -7.21%
Long-Term Investments $1.560B $2.416B
YoY Change -35.44% -4.24%
Other Assets $669.0M $1.015B
YoY Change -34.09% -32.2%
Total Long-Term Assets $36.86B $36.22B
YoY Change 1.77% -6.62%
TOTAL ASSETS
Total Short-Term Assets $13.42B $12.31B
Total Long-Term Assets $36.86B $36.22B
Total Assets $50.28B $48.52B
YoY Change 3.63% -1.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.525B $7.029B
YoY Change 21.28% -6.24%
Accrued Expenses $597.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $656.9M $510.4M
YoY Change 28.69% 0.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.36B $18.73B
YoY Change 8.71% -3.12%
LONG-TERM LIABILITIES
Long-Term Debt $10.89B $9.786B
YoY Change 11.3% 5.17%
Other Long-Term Liabilities $9.646B $10.11B
YoY Change -4.62% -0.69%
Total Long-Term Liabilities $20.54B $19.90B
YoY Change 3.21% 2.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.36B $18.73B
Total Long-Term Liabilities $20.54B $19.90B
Total Liabilities $40.77B $38.50B
YoY Change 5.9% -0.5%
SHAREHOLDERS EQUITY
Retained Earnings $6.002B $6.247B
YoY Change -3.92% 13.1%
Common Stock $3.459B $3.850B
YoY Change -10.15% -18.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 49.35M shares 26.36M shares
Shareholders Equity $9.327B $9.854B
YoY Change
Total Liabilities & Shareholders Equity $50.28B $48.52B
YoY Change 3.63% -1.78%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $44.92M $670.8M
YoY Change -93.3% -7.55%
Depreciation, Depletion And Amortization $40.37M $36.79M
YoY Change 9.73% 15.3%
Cash From Operating Activities $1.079B -$656.4M
YoY Change -264.4% 452.53%
INVESTING ACTIVITIES
Capital Expenditures -$59.70M -$56.40M
YoY Change 5.85% -71.6%
Acquisitions
YoY Change
Other Investing Activities -$54.40M $184.4M
YoY Change -129.5% -60.21%
Cash From Investing Activities -$114.1M $127.9M
YoY Change -189.21% -51.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -653.2M 206.1M
YoY Change -416.93% -130.51%
NET CHANGE
Cash From Operating Activities 1.079B -656.4M
Cash From Investing Activities -114.1M 127.9M
Cash From Financing Activities -653.2M 206.1M
Net Change In Cash 311.8M -322.4M
YoY Change -196.71% -39.11%
FREE CASH FLOW
Cash From Operating Activities $1.079B -$656.4M
Capital Expenditures -$59.70M -$56.40M
Free Cash Flow $1.139B -$600.0M
YoY Change -289.8% -851.88%

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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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ProfitLoss
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us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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NetIncomeLossAvailableToCommonStockholders
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NetIncomeLossAvailableToCommonStockholders
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us-gaap Earnings Per Share Basic
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EarningsPerShareDiluted
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ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period After Tax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition After Tax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition After Tax
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us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition After Tax
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1554000 USD
us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition After Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax
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OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
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CY2019Q2 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
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us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
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OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
20644000 USD
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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648000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
708000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
294077000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
875000 USD
CY2020Q2 jef Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests
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CY2019Q2 jef Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests
427000 USD
jef Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests
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jef Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests
289000 USD
CY2020Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1404000 USD
CY2019Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1276000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2826000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2552000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
168791000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
89321000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
296440000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
184465000 USD
us-gaap Profit Loss
ProfitLoss
155566000 USD
us-gaap Profit Loss
ProfitLoss
719291000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
25176000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
40388000 USD
jef Recognition Of Accumulated Other Comprehensive Income Lodged Taxes
RecognitionOfAccumulatedOtherComprehensiveIncomeLodgedTaxes
0 USD
jef Recognition Of Accumulated Other Comprehensive Income Lodged Taxes
RecognitionOfAccumulatedOtherComprehensiveIncomeLodgedTaxes
544583000 USD
jef Depreciationandamortizationofrealestatepropertyequipmentandleaseholdimprovements
Depreciationandamortizationofrealestatepropertyequipmentandleaseholdimprovements
73450000 USD
jef Income Losses Relatedto Associated Companies Including Income Losses Relatedto Subsidiary Associated Companies Primarily Classifiedas Revenues
IncomeLossesRelatedtoAssociatedCompaniesIncludingIncomeLossesRelatedtoSubsidiaryAssociatedCompaniesPrimarilyClassifiedasRevenues
103804000 USD
jef Depreciationandamortizationofrealestatepropertyequipmentandleaseholdimprovements
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64428000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
5719000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
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us-gaap Share Based Compensation
ShareBasedCompensation
20684000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
24886000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
22979000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
13098000 USD
jef Income Losses Relatedto Associated Companies Including Income Losses Relatedto Subsidiary Associated Companies Primarily Classifiedas Revenues
IncomeLossesRelatedtoAssociatedCompaniesIncludingIncomeLossesRelatedtoSubsidiaryAssociatedCompaniesPrimarilyClassifiedasRevenues
-100712000 USD
jef Dividends Or Distributions From Associated Companies
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us-gaap Nature Of Operations
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Nature of Operations<div style="text-align:justify;margin-bottom:8pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Jefferies Financial Group Inc. ("Jefferies," "we," "our" or the "Company") is a diversified financial services company engaged in investment banking and capital markets, asset management and direct investing. Jefferies Group LLC ("Jefferies Group"), our largest subsidiary, is the largest independent full-service global investment banking firm headquartered in the U.S. </span></div><div style="text-align:justify;margin-bottom:8pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Jefferies Group operates in two business segments: Investment Banking and Capital Markets, and Asset Management. Investment Banking and Capital Markets includes investment banking, capital markets and other related services. Investment banking provides underwriting and financial advisory services to clients across most industry sectors in the Americas, Europe and Asia. Capital markets businesses operate across the spectrum of equities, fixed income and foreign exchange products. Related services include, among other things, prime brokerage and equity finance, research and strategy, corporate lending and real estate finance. </span></div><div style="text-align:justify;margin-bottom:8pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Our Asset Management segment includes both the operations of Leucadia Asset Management ("LAM") as well as the asset management operations within Jefferies Group. Within Asset Management, we manage, invest in and provide services to a diverse group of alternative asset management platforms across a spectrum of investment strategies and asset classes. Asset Management offers institutional clients an innovative range of investment strategies through its affiliated managers.</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Merchant Banking is where we own a portfolio of businesses and investments, including Linkem (fixed wireless broadband services in Italy); Vitesse Energy, LLC ("Vitesse Energy Finance") and JETX Energy, LLC ("JETX Energy") (oil and gas production and development); real estate, primarily HomeFed LLC ("HomeFed"); Idaho Timber (manufacturing); and FXCM Group, LLC ("FXCM") (provider of online foreign exchange trading services). Our Merchant Banking businesses and investments also included National Beef Packing Company, LLC ("National Beef") (beef processing), prior to its sale in November 2019 and Spectrum Brands Holdings, Inc. ("Spectrum Brands") (consumer products), prior to its distribution to our shareholders in October 2019. The structure of each of our investments was tailored to the unique opportunity each transaction presented. Our investments may be reflected in our consolidated results as consolidated subsidiaries, equity investments, securities or in other ways, depending on the structure of our specific holdings.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">We own approximately 42% of the common shares of Linkem, as well as convertible preferred shares and warrants. If all of our convertible preferred stock was converted and warrants were exercised, it would increase our ownership to approximately 56% of Linkem's common equity at May 31, 2020. Linkem provides residential broadband services in Italy using LTE technologies deployed over the 3.5 GHz spectrum band. Linkem is accounted for under the equity method. </span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Vitesse Energy Finance is our 97% owned consolidated subsidiary that acquires and invests in non-operated working interests and royalties predominantly in the Bakken Shale oil field in North Dakota. JETX Energy is our 98% owned consolidated subsidiary that currently has non-operated working interests and acreage in east Texas.</span></div><div style="text-align:justify;margin-top:12pt;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">HomeFed is our 100% owned consolidated subsidiary that owns and develops residential and mixed use real estate properties. Prior to July 1, 2019, we owned approximately 70% of HomeFed and accounted for it under the equity method. On July 1, 2019, we completed a merger with HomeFed by which we acquired the remaining common stock of HomeFed. From July 1, 2019, the results of HomeFed are reflected on a consolidated basis.</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Idaho Timber is our 100% owned consolidated subsidiary engaged in the manufacture and distribution of various wood products.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Our investment in FXCM and associated companies consist of a senior secured term loan due February 15, 2021, ($71.6 million principal outstanding at May 31, 2020); a 50% voting interest in FXCM and rights to a majority of all distributions in respect of the equity of FXCM.</span></div>
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1433197000 USD
CY2019Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1433197000 USD
CY2019Q4 jef Financial Instruments Owned At Fair Value Excluding Investments At Fair Value Based On Nav
FinancialInstrumentsOwnedAtFairValueExcludingInvestmentsAtFairValueBasedOnNAV
16308807000 USD
CY2019Q4 jef Securities Purchased Under Agreements To Resellat Fair Value
SecuritiesPurchasedUnderAgreementsToResellatFairValue
25000000 USD
CY2019Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9500000 USD
CY2019Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1632178000 USD
CY2019Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1632178000 USD
CY2019Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
10532460000 USD
CY2019Q4 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
20981000 USD
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
31700000 USD
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
79500000 USD
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
57400000 USD
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
105400000 USD
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
23200000 USD
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
14100000 USD
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1215285000 USD
CY2019Q4 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9500000 USD
CY2020Q2 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
13957000 USD
CY2019Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
14621000 USD
CY2020Q2 jef Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Comprehensive Income
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherComprehensiveIncome
91800000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
127500000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
33700000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
23700000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
98600000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-92200000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
124300000 USD
jef Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Comprehensive Income
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherComprehensiveIncome
106100000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
148500000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
14600000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
37000000.0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
98500000 USD
jef Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Comprehensive Income
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherComprehensiveIncome
9000000.0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
42300000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
89000000.0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
69600000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
63200000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
23300000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
42800000 USD
CY2020Q2 jef Excluded Securities From Unobservable Quantitative Information Assets
ExcludedSecuritiesFromUnobservableQuantitativeInformationAssets
117800000 USD
CY2019Q4 jef Excluded Securities From Unobservable Quantitative Information Assets
ExcludedSecuritiesFromUnobservableQuantitativeInformationAssets
79900000 USD
CY2020Q2 jef Excluded Securitiesfrom Unobservable Quantitative Information Liabilities
ExcludedSecuritiesfromUnobservableQuantitativeInformationLiabilities
4800000 USD
CY2019Q4 jef Excluded Securitiesfrom Unobservable Quantitative Information Liabilities
ExcludedSecuritiesfromUnobservableQuantitativeInformationLiabilities
400000 USD
CY2020Q2 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-13926000 USD
CY2019Q2 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-2352000 USD
us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-10830000 USD
us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-3072000 USD
CY2020Q2 jef Fair Value Option Credit Risk Gains Losses On Loans
FairValueOptionCreditRiskGainsLossesOnLoans
127000 USD
CY2019Q2 jef Fair Value Option Credit Risk Gains Losses On Loans
FairValueOptionCreditRiskGainsLossesOnLoans
0 USD
jef Fair Value Option Credit Risk Gains Losses On Loans
FairValueOptionCreditRiskGainsLossesOnLoans
127000 USD
jef Fair Value Option Credit Risk Gains Losses On Loans
FairValueOptionCreditRiskGainsLossesOnLoans
0 USD
CY2020Q2 jef Fair Value Option Credit Risk Gains Losseson Loan Commitments
FairValueOptionCreditRiskGainsLossesonLoanCommitments
1750000 USD
CY2020Q2 jef Otc Derivative Assets Included In Financial Instruments Owned
OtcDerivativeAssetsIncludedInFinancialInstrumentsOwned
799034000 USD
CY2020Q2 jef Otc Derivative Assets Having Maturity Period Of Zero To Twelve Months
OtcDerivativeAssetsHavingMaturityPeriodOfZeroToTwelveMonths
299879000 USD
CY2020Q2 jef Otc Derivative Assets Having Maturity Period Of One To Five Years
OtcDerivativeAssetsHavingMaturityPeriodOfOneToFiveYears
329693000 USD
CY2019Q2 jef Fair Value Option Credit Risk Gains Losseson Loan Commitments
FairValueOptionCreditRiskGainsLossesonLoanCommitments
-757000 USD
jef Fair Value Option Credit Risk Gains Losseson Loan Commitments
FairValueOptionCreditRiskGainsLossesonLoanCommitments
1089000 USD
jef Fair Value Option Credit Risk Gains Losseson Loan Commitments
FairValueOptionCreditRiskGainsLossesonLoanCommitments
-678000 USD
CY2020Q2 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
1881470000 USD
CY2019Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
1546516000 USD
CY2020Q2 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDueAggregatedDifference
331340000 USD
CY2019Q4 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDueAggregatedDifference
197215000 USD
CY2020Q2 jef Fair Value Option Aggregate Differences Longterm Debt And Shortterm Borrowing
FairValueOptionAggregateDifferencesLongtermDebtAndShorttermBorrowing
241295000 USD
CY2019Q4 jef Fair Value Option Aggregate Differences Longterm Debt And Shortterm Borrowing
FairValueOptionAggregateDifferencesLongtermDebtAndShorttermBorrowing
74408000 USD
CY2020Q2 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due Aggregate Difference
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference
27200000 USD
CY2019Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due Aggregate Difference
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference
22200000 USD
CY2020Q2 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDue
175800000 USD
CY2019Q4 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDue
127000000.0 USD
CY2020Q2 jef Exchange Traded Derivative Assets And Other Credit Agreements
ExchangeTradedDerivativeAssetsAndOtherCreditAgreements
34100000 USD
CY2020Q2 us-gaap Derivative Assets
DerivativeAssets
640593000 USD
CY2020Q2 jef Otc Derivative Assets Having Maturity Period Of Greater Than Five Years
OtcDerivativeAssetsHavingMaturityPeriodOfGreaterThanFiveYears
271928000 USD
CY2020Q2 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
16600000 USD
CY2019Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
24800000 USD
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
417900000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
418408000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
527205000 USD
CY2020Q2 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
-302000 USD
CY2019Q2 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
-1009000 USD
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
-704000 USD
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
-1978000 USD
CY2020Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
62231000 USD
CY2019Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-97982000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
214132000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-211648000 USD
CY2020Q2 jef Otc Derivative Assets Cross Maturity Netting
OtcDerivativeAssetsCrossMaturityNetting
64997000 USD
CY2020Q2 jef Consolidated Otc Derivative Assets Net Of Crossmaturity Netting
ConsolidatedOtcDerivativeAssetsNetOfCrossmaturityNetting
836503000 USD
CY2020Q2 jef Derivative Assets Cross Product Counterparty Netting
DerivativeAssetsCrossProductCounterpartyNetting
37469000 USD
CY2020Q2 jef Otc Derivative Liabilities Having Maturity Period Of Greater Than Five Years
OtcDerivativeLiabilitiesHavingMaturityPeriodOfGreaterThanFiveYears
182196000 USD
CY2020Q2 jef Cash Collateral Received
CashCollateralReceived
192600000 USD
CY2020Q2 jef Otc Derivative Liabilities Having Maturity Period Of Zero To Twelve Months
OtcDerivativeLiabilitiesHavingMaturityPeriodOfZeroToTwelveMonths
179703000 USD
CY2020Q2 jef Otc Derivative Liabilities Having Maturity Period Of One To Five Years
OtcDerivativeLiabilitiesHavingMaturityPeriodOfOneToFiveYears
403210000 USD
CY2020Q2 jef Otc Derivative Liabilities Cross Maturity Netting
OtcDerivativeLiabilitiesCrossMaturityNetting
64997000 USD
CY2020Q2 jef Consolidated Otc Derivative Liabilities Net Of Crossmaturity Netting
ConsolidatedOtcDerivativeLiabilitiesNetOfCrossmaturityNetting
700112000 USD
CY2020Q2 jef Derivative Liabilities Cross Product Counterparty Netting
DerivativeLiabilitiesCrossProductCounterpartyNetting
37469000 USD
CY2020Q2 jef Otc Derivative Liabilities Included In Financial Instruments Sold Not Yet Purchased
OtcDerivativeLiabilitiesIncludedInFinancialInstrumentsSoldNotYetPurchased
662643000 USD
CY2020Q2 jef Exchange Traded Derivative Liabilities And Other Credit Agreements
ExchangeTradedDerivativeLiabilitiesAndOtherCreditAgreements
102400000 USD
CY2020Q2 jef Cash Collateral Pledged
CashCollateralPledged
347100000 USD
CY2020Q2 jef Fair Value Of Otc Derivatives Assets Counterparty Credit Quality
FairValueOfOtcDerivativesAssetsCounterpartyCreditQuality
188896000 USD
CY2020Q2 jef Fair Value Of Otc Derivatives Assets Counterparty Credit Quality Bbb Minus To Bbb Plus
FairValueOfOtcDerivativesAssetsCounterpartyCreditQualityBbbMinusToBbbPlus
32975000 USD
CY2020Q2 jef Fair Value Of Otc Derivatives Assets Counterparty Credit Quality Bb Plus Or Lower
FairValueOfOtcDerivativesAssetsCounterpartyCreditQualityBbPlusOrLower
336290000 USD
CY2020Q2 jef Fair Value Of Over Counter Derivatives Assets Counterparty Credit Quality Unrated
FairValueOfOverCounterDerivativesAssetsCounterpartyCreditQualityUnrated
240873000 USD
CY2020Q2 jef Otc Derivative Assets Included In Financial Instruments Owned
OtcDerivativeAssetsIncludedInFinancialInstrumentsOwned
799034000 USD
CY2020Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
180900000 USD
CY2019Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
42900000 USD
CY2020Q2 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
139300000 USD
CY2019Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
3100000 USD
CY2020Q2 jef Collateral Received Aggregate Fair Value
CollateralReceivedAggregateFairValue
50900000 USD
CY2019Q4 jef Collateral Received Aggregate Fair Value
CollateralReceivedAggregateFairValue
114100000 USD
CY2020Q2 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
92600000 USD
CY2019Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
154000000.0 USD
CY2020Q2 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1941468000 USD
CY2020Q2 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
19948192000 USD
CY2020Q2 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9909000 USD
CY2020Q2 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
21899569000 USD
CY2019Q4 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1525140000 USD
CY2019Q4 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
18756917000 USD
CY2019Q4 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9500000 USD
CY2019Q4 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
20291557000 USD
CY2020Q2 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1941468000 USD
CY2020Q2 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
19948192000 USD
CY2020Q2 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9909000 USD
CY2020Q2 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
21899569000 USD
CY2019Q4 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
1525140000 USD
CY2019Q4 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
18756917000 USD
CY2019Q4 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9500000 USD
CY2019Q4 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
20291557000 USD
CY2020Q2 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
26800000000 USD
CY2019Q4 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
28700000000 USD
CY2020Q2 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
6457035000 USD
CY2020Q2 us-gaap Securities Borrowed Liability
SecuritiesBorrowedLiability
0 USD
CY2020Q2 us-gaap Securities Borrowed
SecuritiesBorrowed
6457035000 USD
CY2020Q2 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
500270000 USD
CY2020Q2 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
1464411000 USD
CY2019Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
7624642000 USD
CY2019Q4 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
361394000 USD
CY2019Q4 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
1479433000 USD
CY2020Q2 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
4492354000 USD
CY2020Q2 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
15601111000 USD
CY2020Q2 us-gaap Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
11317049000 USD
CY2020Q2 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
4284062000 USD
CY2020Q2 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
783427000 USD
CY2020Q2 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
3474933000 USD
CY2020Q2 us-gaap Securities Purchased Under Agreements To Resell Amount Offset Against Collateral
SecuritiesPurchasedUnderAgreementsToResellAmountOffsetAgainstCollateral
25702000 USD
CY2020Q2 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9909000 USD
CY2020Q2 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9909000 USD
CY2020Q2 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9909000 USD
CY2020Q2 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
1941468000 USD
CY2020Q2 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
0 USD
CY2020Q2 us-gaap Securities Loaned
SecuritiesLoaned
1941468000 USD
CY2020Q2 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
500270000 USD
CY2020Q2 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
1414097000 USD
CY2020Q2 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
27101000 USD
CY2020Q2 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
19948192000 USD
CY2020Q2 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
11317049000 USD
CY2020Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
8631143000 USD
CY2020Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
783427000 USD
CY2020Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
7350643000 USD
CY2020Q2 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
497073000 USD
CY2020Q2 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9909000 USD
CY2020Q2 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9909000 USD
CY2020Q2 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
9909000 USD
CY2019Q4 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
7624642000 USD
CY2019Q4 us-gaap Securities Borrowed Liability
SecuritiesBorrowedLiability
0 USD
CY2019Q4 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
5783815000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
15551845000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
11252247000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
4299598000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
291316000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
3929977000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Amount Offset Against Collateral
SecuritiesPurchasedUnderAgreementsToResellAmountOffsetAgainstCollateral
78305000 USD
CY2019Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9500000 USD
CY2019Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9500000 USD
CY2019Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
9500000 USD
CY2019Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
1525140000 USD
CY2019Q4 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
0 USD
CY2019Q4 us-gaap Securities Loaned
SecuritiesLoaned
1525140000 USD
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11700000 USD
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CY2019Q4 us-gaap Obligation To Return Securities Received As Collateral
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CY2019Q4 us-gaap Obligation To Return Securities Received As Collateral
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CY2019Q4 us-gaap Obligation To Return Securities Received As Collateral
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CY2020Q2 jef Weighted Average Common Shares Outstanding
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269362000 shares
CY2019Q2 jef Weighted Average Common Shares Outstanding
WeightedAverageCommonSharesOutstanding
293600000 shares
jef Weighted Average Common Shares Outstanding
WeightedAverageCommonSharesOutstanding
278022000 shares
jef Weighted Average Common Shares Outstanding
WeightedAverageCommonSharesOutstanding
299067000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
286764000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307010000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
294589000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
311108000 shares
CY2020Q2 jef Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
0 shares
CY2019Q2 jef Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
4162000 shares
jef Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
0 shares
jef Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
4162000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
286764000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
312527000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
295301000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
317736000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1846400 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1881600 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1874100 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1856400 shares
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000.0 USD
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0 USD
CY2019Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
9250000 shares
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
24784910 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
491900000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
19.85
CY2020Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
73300000 USD
CY2020Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
73300000 USD
CY2020Q2 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
7495600000 USD
CY2020Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
568400000 USD
CY2020Q2 jef Contractual Obligation Due In Third And Fourth Years
ContractualObligationDueInThirdAndFourthYears
111400000 USD
CY2020Q2 jef Contractual Obligation Due In Fifth And Sixth Years
ContractualObligationDueInFifthAndSixthYears
4900000 USD
CY2020Q2 jef Contractual Obligation Due In Seventh Year And Thereafter
ContractualObligationDueInSeventhYearAndThereafter
12700000 USD
CY2020Q2 us-gaap Contractual Obligation
ContractualObligation
8193000000.0 USD
CY2020Q2 jef Outstanding Loan Commitmentsto Clients
OutstandingLoanCommitmentstoClients
80000000.0 USD
CY2020Q2 jef Derivative Contracts Meeting Definitionof A Guarantee
DerivativeContractsMeetingDefinitionofAGuarantee
192700000 USD
CY2020Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1147589000 USD
CY2019Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1101657000 USD
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2533917000 USD
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1930100000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
75507000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
183479000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
233301000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
232796000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40366000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36786000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
79836000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
70720000 USD
CY2020Q2 us-gaap Assets
Assets
50283215000 USD
CY2019Q4 us-gaap Assets
Assets
49460234000 USD

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