2021 Form 10-K Financial Statement

#000009622322000006 Filed on January 28, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $9.040B $1.861B $6.956B
YoY Change 29.96% 68.23% 29.81%
Cost Of Revenue $470.9M $367.8M $338.6M
YoY Change 39.07% -21.84% 5.93%
Gross Profit $8.569B $1.693B $6.617B
YoY Change 29.49% 124.37% 31.32%
Gross Profit Margin 94.79% 90.98% 95.13%
Selling, General & Admin $4.830B $1.206B $4.020B
YoY Change 20.14% 61.06% 41.8%
% of Gross Profit 56.36% 71.22% 60.75%
Research & Development $388.1M $335.1M
YoY Change 15.84%
% of Gross Profit 4.53% 5.06%
Depreciation & Amortization $157.4M $36.30M $158.4M
YoY Change -0.64% -6.92% 3.64%
% of Gross Profit 1.84% 2.14% 2.39%
Operating Expenses $4.987B $1.245B $4.178B
YoY Change 19.36% 57.4% 39.83%
Operating Profit $3.582B $448.2M $2.439B
YoY Change 46.84% -1334.71% 18.93%
Interest Expense $77.08M -$26.60M $84.87M
YoY Change -9.17% -141.69% -2.65%
% of Operating Profit 2.15% -5.93% 3.48%
Other Income/Expense, Net $337.3M $302.2M
YoY Change 11.61%
Pretax Income $2.254B $421.5M $1.067B
YoY Change 111.24% 81.29% 122.96%
Income Tax $576.7M $113.5M $298.7M
% Of Pretax Income 25.59% 26.93% 27.99%
Net Earnings $1.667B $307.3M $769.6M
YoY Change 116.66% 57.14% -19.8%
Net Earnings / Revenue 18.44% 16.51% 11.06%
Basic Earnings Per Share $6.29 $1.12 $2.68
Diluted Earnings Per Share $6.13 $1.11 $2.65
COMMON SHARES
Basic Shares Outstanding 263.6M shares 272.9M shares 285.7M shares
Diluted Shares Outstanding 271.5M shares 277.3M shares 290.5M shares

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.76B $9.055B $9.055B
YoY Change 18.78% 17.92% 17.92%
Cash & Equivalents $10.76B $9.055B $9.055B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $18.59B $15.66B $15.66B
YoY Change 18.71% 16.7% 16.7%
LONG-TERM ASSETS
Property, Plant & Equipment $911.2M $897.0M $897.0M
YoY Change 1.59% 132.97% 132.99%
Goodwill $1.746B
YoY Change 0.36%
Intangibles $167.2M
YoY Change -8.64%
Long-Term Investments $35.63B $1.687B $31.84B
YoY Change 11.88% 2.03% 4.5%
Other Assets $1.073B $604.0M $644.0M
YoY Change 66.64% -52.03% -50.42%
Total Long-Term Assets $41.81B $37.45B $37.45B
YoY Change 11.63% 3.93% 3.93%
TOTAL ASSETS
Total Short-Term Assets $18.59B $15.66B $15.66B
Total Long-Term Assets $41.81B $37.45B $37.45B
Total Assets $60.40B $53.12B $53.12B
YoY Change 13.72% 7.4% 7.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.28B $10.39B $10.39B
YoY Change -1.04% 27.01% 27.01%
Accrued Expenses $548.1M $584.0M $584.0M
YoY Change -6.15%
Deferred Revenue
YoY Change
Short-Term Debt $21.90B $764.7M $10.90B
YoY Change 100.94% 39.42% 13.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $25.78B $21.87B $21.87B
YoY Change 17.88% 23.1% 23.1%
LONG-TERM LIABILITIES
Long-Term Debt $13.74B $11.77B $11.77B
YoY Change 16.76% 2.02% 2.02%
Other Long-Term Liabilities $11.70B $10.02B $10.02B
YoY Change 16.78% -4.88% -4.88%
Total Long-Term Liabilities $13.74B $21.78B $21.78B
YoY Change -36.93% -1.27% -1.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.78B $21.87B $21.87B
Total Long-Term Liabilities $13.74B $21.78B $21.78B
Total Liabilities $49.85B $43.53B $43.71B
YoY Change 14.04% 9.63% 9.61%
SHAREHOLDERS EQUITY
Retained Earnings $6.532B
YoY Change 10.09%
Common Stock $3.161B
YoY Change -19.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 66.71M shares
Shareholders Equity $10.55B $9.404B $9.404B
YoY Change
Total Liabilities & Shareholders Equity $60.40B $53.12B $53.12B
YoY Change 13.72% 7.4% 7.4%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income $1.667B $307.3M $769.6M
YoY Change 116.66% 57.14% -19.8%
Depreciation, Depletion And Amortization $157.4M $36.30M $158.4M
YoY Change -0.64% -6.92% 3.64%
Cash From Operating Activities $1.573B $768.0M $2.076B
YoY Change -24.23% 81.35% -350.77%
INVESTING ACTIVITIES
Capital Expenditures -$165.6M -$30.60M -$177.0M
YoY Change -6.44% -55.0% -23.77%
Acquisitions $0.00 $0.00
YoY Change -100.0%
Other Investing Activities $1.174M $32.80M -$4.215M
YoY Change -127.85% -95.12% -49.26%
Cash From Investing Activities -$400.6M $2.200M -$186.2M
YoY Change 115.15% -99.64% -110.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $269.4M $816.9M
YoY Change -67.02% 60.55%
Debt Paid & Issued, Net $1.646B $1.716B
YoY Change -4.08%
Cash From Financing Activities $994.3M -501.8M -$723.5M
YoY Change -237.42% -166.54% -145.52%
NET CHANGE
Cash From Operating Activities $1.573B 768.0M $2.076B
Cash From Investing Activities -$400.6M 2.200M -$186.2M
Cash From Financing Activities $994.3M -501.8M -$723.5M
Net Change In Cash $2.163B 268.4M $1.185B
YoY Change 82.63% -84.93% -52.0%
FREE CASH FLOW
Cash From Operating Activities $1.573B $768.0M $2.076B
Capital Expenditures -$165.6M -$30.60M -$177.0M
Free Cash Flow $1.739B $798.6M $2.253B
YoY Change -22.83% 62.48% -478.24%

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1667403000 USD
CY2020 jef Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
769605000 USD
CY2019 jef Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
959593000 USD
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.29
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.68
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.07
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.13
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.65
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.03
CY2021 us-gaap Profit Loss
ProfitLoss
1677376000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
768410000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
962563000 USD
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-78000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
117000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
165000 USD
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-244000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
372000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
487000 USD
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-545054000 USD
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
543178000 USD
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-78000 USD
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
117000 USD
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
545219000 USD
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-244000 USD
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
372000 USD
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-542691000 USD
CY2021 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-582000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
11392000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
1146000 USD
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-9781000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
35991000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
544000 USD
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
-52000 USD
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-149000 USD
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-582000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
11392000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1198000 USD
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9781000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
35991000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
693000 USD
CY2021 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax
-26091000 USD
CY2020 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax
-16228000 USD
CY2019 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax
-4653000 USD
CY2021 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period After Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax
-80660000 USD
CY2020 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period After Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax
-51865000 USD
CY2019 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period After Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax
-13588000 USD
CY2021 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionTax
599000 USD
CY2020 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionTax
146000 USD
CY2019 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionTax
-144000 USD
CY2021 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition After Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax
1861000 USD
CY2020 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition After Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax
397000 USD
CY2019 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Reclassification Adjustment From Aoci For Derecognition After Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax
-427000 USD
CY2021 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Reclassification Adjustment Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterReclassificationAdjustmentTax
-26690000 USD
CY2020 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Reclassification Adjustment Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterReclassificationAdjustmentTax
-16374000 USD
CY2019 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Reclassification Adjustment Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterReclassificationAdjustmentTax
-4509000 USD
CY2021 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
-82521000 USD
CY2020 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
-52262000 USD
CY2019 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
-13161000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
0 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
0 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
161000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
470000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-161000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-470000 USD
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
2082000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-970000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-2473000 USD
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-6182000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
2851000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
7103000 USD
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
-1054000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
-957000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
-490000 USD
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
3138000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
2872000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
1407000 USD
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
3136000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-13000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1983000 USD
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-9320000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-21000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
5696000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-83226000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15878000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-561325000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1594150000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
752532000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
401238000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
3850000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-5271000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-1847000 USD
CY2021 jef Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests
-826000 USD
CY2020 jef Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests
-1558000 USD
CY2019 jef Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interests
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterests
-286000 USD
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6949000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5634000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5103000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1584177000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
753727000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
398268000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
1677376000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
768410000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
962563000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
96890000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
64667000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6391000 USD
CY2021 jef Recognition Of Accumulated Other Comprehensive Income Lodged Taxes
RecognitionOfAccumulatedOtherComprehensiveIncomeLodgedTaxes
0 USD
CY2020 jef Recognition Of Accumulated Other Comprehensive Income Lodged Taxes
RecognitionOfAccumulatedOtherComprehensiveIncomeLodgedTaxes
0 USD
CY2019 jef Recognition Of Accumulated Other Comprehensive Income Lodged Taxes
RecognitionOfAccumulatedOtherComprehensiveIncomeLodgedTaxes
544583000 USD
CY2021 jef Depreciation And Other Amortization
DepreciationAndOtherAmortization
151169000 USD
CY2020 jef Depreciation And Other Amortization
DepreciationAndOtherAmortization
142394000 USD
CY2019 jef Depreciation And Other Amortization
DepreciationAndOtherAmortization
129766000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
78160000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
40038000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
49848000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
55876000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
48157000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
29800000 USD
CY2021 jef Income Losses Relatedto Associated Companies
IncomeLossesRelatedtoAssociatedCompanies
156490000 USD
CY2020 jef Income Losses Relatedto Associated Companies
IncomeLossesRelatedtoAssociatedCompanies
-51549000 USD
CY2019 jef Income Losses Relatedto Associated Companies
IncomeLossesRelatedtoAssociatedCompanies
288164000 USD
CY2021 jef Dividends Or Distributions From Associated Companies
DividendsOrDistributionsFromAssociatedCompanies
115381000 USD
CY2020 jef Dividends Or Distributions From Associated Companies
DividendsOrDistributionsFromAssociatedCompanies
64493000 USD
CY2019 jef Dividends Or Distributions From Associated Companies
DividendsOrDistributionsFromAssociatedCompanies
467157000 USD
CY2021 jef Netgainslossesrelatedtopropertyandequipmentandotherassets
Netgainslossesrelatedtopropertyandequipmentandotherassets
-11013000 USD
CY2020 jef Netgainslossesrelatedtopropertyandequipmentandotherassets
Netgainslossesrelatedtopropertyandequipmentandotherassets
-68946000 USD
CY2019 jef Netgainslossesrelatedtopropertyandequipmentandotherassets
Netgainslossesrelatedtopropertyandequipmentandotherassets
42214000 USD
CY2021 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 USD
CY2020 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 USD
CY2019 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
210278000 USD
CY2021 jef Increase Decreasein Securities Depositedwith Clearingand Depository Organizations
IncreaseDecreaseinSecuritiesDepositedwithClearingandDepositoryOrganizations
-34237000 USD
CY2020 jef Increase Decreasein Securities Depositedwith Clearingand Depository Organizations
IncreaseDecreaseinSecuritiesDepositedwithClearingandDepositoryOrganizations
-751000 USD
CY2019 jef Increase Decreasein Securities Depositedwith Clearingand Depository Organizations
IncreaseDecreaseinSecuritiesDepositedwithClearingandDepositoryOrganizations
169000 USD
CY2021 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
1713101000 USD
CY2020 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
1182091000 USD
CY2019 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-218419000 USD
CY2021 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
-520455000 USD
CY2020 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
-714664000 USD
CY2019 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
1103708000 USD
CY2021 jef Increase Decrease In Securities Purchased Under Agreements To Resell
IncreaseDecreaseInSecuritiesPurchasedUnderAgreementsToResell
2552607000 USD
CY2020 jef Increase Decrease In Securities Purchased Under Agreements To Resell
IncreaseDecreaseInSecuritiesPurchasedUnderAgreementsToResell
752171000 USD
CY2019 jef Increase Decrease In Securities Purchased Under Agreements To Resell
IncreaseDecreaseInSecuritiesPurchasedUnderAgreementsToResell
1523222000 USD
CY2021 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
773612000 USD
CY2020 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
1147886000 USD
CY2019 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
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CY2021 jef Increase Decrease Receivables From Customers Of Securities Operations
IncreaseDecreaseReceivablesFromCustomersOfSecuritiesOperations
329026000 USD
CY2020 jef Increase Decrease Receivables From Customers Of Securities Operations
IncreaseDecreaseReceivablesFromCustomersOfSecuritiesOperations
-185266000 USD
CY2019 jef Increase Decrease Receivables From Customers Of Securities Operations
IncreaseDecreaseReceivablesFromCustomersOfSecuritiesOperations
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CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
97899000 USD
CY2020 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
79253000 USD
CY2019 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
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CY2021 jef Increase Decrease In Other Assets
IncreaseDecreaseInOtherAssets
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CY2020 jef Increase Decrease In Other Assets
IncreaseDecreaseInOtherAssets
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CY2019 jef Increase Decrease In Other Assets
IncreaseDecreaseInOtherAssets
-15705000 USD
CY2021 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
1691239000 USD
CY2020 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
-604591000 USD
CY2019 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
1051598000 USD
CY2021 us-gaap Increase Decrease In Securities Loaned Transactions
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Nature of Operations<div style="margin-bottom:8pt;text-align:justify"><span style="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 engaged in investment banking and capital markets, and asset management. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform, while returning excess capital to shareholders. Jefferies Group LLC ("Jefferies Group"), our largest subsidiary, was established in 1962 and is the largest independent U.S.-headquartered global full-service integrated investment banking and securities firm. </span></div><div style="margin-bottom:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Jefferies Group operates in two reportable 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, the Middle East and Africa, and Asia Pacific. Capital markets businesses operate across the spectrum of equities and fixed income products.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Through Jefferies Group, we own a 50% equity interest in JFIN Parent LLC ("Jefferies Finance") and Jefferies Finance LLC is a direct subsidiary of JFIN Parent LLC. Jefferies Finance is a joint venture entity pursuant to an agreement with Massachusetts Mutual Life Insurance Company ("MassMutual"). Jefferies Finance is a commercial finance company that structures, underwrites and syndicates primarily senior secured loans to corporate borrowers; and manages proprietary and third-party investments for both broadly syndicated and direct lending loans. Jefferies Finance conducts its operations primarily through two business lines, Leveraged Finance Arrangement and Portfolio and Asset Management. Loans are originated primarily through Jefferies Group's investment banking efforts and Jefferies Finance typically syndicates to third-party investors substantially all of its arranged volume through Jefferies Group. The Portfolio and Asset Management business lines, collectively referred to as Jefferies Credit Partners, manages a broad portfolio of assets under management comprised of portions of loans it has arranged, as well as loan positions that it has purchased in the primary and secondary markets. Jefferies Credit Partners is comprised of three registered Investment Advisors: Jefferies Finance, Apex Credit Partners LLC and JFIN Asset Management LLC, which serve as a private credit platform managing proprietary and third-party capital across comingled funds, separately managed accounts and collateralized loan obligations.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Through Jefferies Group, we also have a 50% interest in Berkadia Commercial Mortgage Holding LLC ("Berkadia"), Jefferies Group's equity method joint venture with Berkshire Hathaway Inc. Berkadia is a commercial mortgage banking and servicing company. Berkadia also is an investment sales advisor focused on the multifamily industry. Berkadia is a servicer of commercial real estate loans in the U.S., performing primary, master and special servicing functions for U.S. government agency programs, commercial mortgage-backed securities transactions, banks, insurance companies and other financial institutions.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We own a legacy portfolio of businesses and investments that we historically denominated as our "Merchant Banking" business and are reflected in our consolidated results as consolidated subsidiaries, equity investments, securities or in other ways. We are well along in the process of liquidating this portfolio, with the intention of selling to third parties, distributing to shareholders or transferring the balance of this portfolio to our Asset Management reportable segment over the next few years. Our Merchant Banking reportable segment primarily includes Linkem (fixed wireless broadband services in Italy); Vitesse Energy, LLC ("Vitesse 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 shareholders in October 2019. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 29, 2019, we sold our remaining 31% equity interest in National Beef to Marfrig Global Foods S.A. ("Marfrig") and other shareholders and received a total of $970.0 million in cash, including $790.6 million of proceeds and $179.4 million from final distributions from National Beef around the time of the sale. The pre-tax gain recognized as a result of this transaction, $205.0 million for the year ended November 30, 2019, is classified as Other revenue. As of November 30, 2019, we no longer hold an equity interest in National Beef.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prior to October 11, 2019, we owned approximately 15% of Spectrum Brands, a publicly traded global consumer products company on the NYSE (NYSE: SPB), and we reflected this investment at fair value based on quoted market prices. We distributed all of our 7,514,477 Spectrum Brands shares through a special pro rata dividend effective on October 11, 2019 to our stockholders of record as of the close of business on September 30, 2019. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="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, the largest fixed wireless broadband services provider in Italy. In addition, we own convertible preferred stock, which is automatically convertible to common shares in 2026, redeemable preferred stock with a redemption value of $107.6 million at November 30, 2021 and warrants. If our convertible preferred stock was converted and warrants exercised, it would increase our ownership to approximately 56% of Linkem's common equity at November 30, 2021. We have approximately 48% of the total voting securities of Linkem. Linkem provides residential broadband services in Italy using LTE technologies deployed over the 3.5 GHz spectrum band. Linkem launched its first 5G towers in late 2020 and plans to rapidly increase its network coverage and service offerings over the coming years as it upgrades to 5G, adds subscribers and leverages its assets. 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="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Vitesse Energy is our 97% owned consolidated subsidiary that acquires, invests and monetizes non-operated working interests and royalties predominantly in the Bakken Shale of the Williston Basin in North Dakota. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="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. In connection with the merger, HomeFed stockholders received two shares of our common stock for each share of HomeFed common stock. A total of 9.3 million shares were issued, which were valued at $178.8 million at closing based on the market price of our common shares. As an offset to these issued shares, our Board of Directors authorized the repurchase of an additional 9.25 million shares in the open market.</span></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The HomeFed acquisition was accounted for as a business combination. The fair value of the shares issued to acquire the remaining common shares of HomeFed implied an aggregate fair value of $596.4 million for 100% of HomeFed's equity balance. In accordance with purchase accounting, we allocated the $596.4 million fair value for 100% of HomeFed to its assets, liabilities and noncontrolling interests. We recorded $101.7 million of cash, $413.2 million of real estate, $198.3 million of investments in associated companies, $37.4 million of deferred tax assets, $15.3 million of goodwill and intangibles, $6.6 million of other assets, $125.5 million of long-term debt, $46.7 million of payables, expense accruals and other liabilities and $3.9 million of noncontrolling interests. In addition, associated with the acquisition, we also recorded $32.4 million of goodwill generated by the establishment of $32.4 million of deferred tax liabilities related to allocated value exceeding the tax basis of some of the HomeFed net assets. The estimated weighted average useful lives for the amortizable intangibles were 4 years at time of acquisition. Our allocation of the acquisition price is based on our estimate of fair value for each of the acquired assets and liabilities, which were developed primarily utilizing discounted cash flow models. In connection with the acquisition of the remaining interest of HomeFed, we recognized a $72.1 million non-cash pre-tax gain in Other revenues during the year ended November 30, 2019, on the revaluation of our 70% interest in HomeFed to fair value. The fair value of our 70% interest in HomeFed was based on the implied $596.4 million equity value for 100% of HomeFed.</span></div><div style="text-align:justify"><span style="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>Our investment in FXCM and associated companies consists of a senior secured term loan due February 15, 2022 ($71.6 million principal outstanding at November 30, 2021), a 50% voting interest in FXCM and rights to a majority of all distributions in respect of the equity of FXCM. FXCM is a provider of online foreign exchange trading, contract for difference trading, spread betting and related services.
CY2019Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
9250000 shares
CY2021Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
4900000000 USD
CY2020Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
4160000000 USD
CY2021Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
1620000000 USD
CY2020Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
1290000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
53926000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
34018000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
31055000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
55876000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
48157000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
29800000 USD
CY2021 jef Accounts Receivable Allowance For Credit Loss Writeoff Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteoffNetOfRecoveries
60322000 USD
CY2020 jef Accounts Receivable Allowance For Credit Loss Writeoff Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteoffNetOfRecoveries
28249000 USD
CY2019 jef Accounts Receivable Allowance For Credit Loss Writeoff Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteoffNetOfRecoveries
26837000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
75999000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
53926000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
34018000 USD
CY2021 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Hedge Accounting</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Hedge accounting is applied using interest rate swaps designated as fair value hedges of changes in the benchmark interest rate of fixed rate senior long-term debt. The interest rate swaps are included as derivative contracts in Financial instruments owned, at fair value and Financial instruments sold, not yet purchased, at fair value in the Consolidated Statements of Financial Condition. We use regression analysis to perform ongoing prospective and retrospective assessments of the effectiveness of these hedging relationships. A hedging relationship is deemed effective if the change in fair value of the interest rate swap and the change in the fair value of the long-term debt due to changes in the benchmark interest rate offset within a range of 80% to 125%. The impact of valuation adjustments related to Jefferies Group's own credit spreads and counterparty credit spreads are included in the assessment of effectiveness.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For qualifying fair value hedges of benchmark interest rates, the change in the fair value of the derivative and the change in fair value of the long-term debt provide offset of one another and, together with any resulting ineffectiveness, are recorded in Interest expense. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We seek to reduce the impact of fluctuations in foreign exchange rates on our net investments in certain non-U.S. operations through the use of foreign exchange contracts. The foreign exchange contracts are included as derivative contracts in Financial instruments owned, at fair value and Financial instruments sold, not yet purchased, at fair value in the Consolidated Statements of Financial Condition. For foreign exchange contracts designated as hedges, the effectiveness of the hedge is assessed based on the overall changes in the fair value of the forward contracts (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">i.e.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">, based on changes in forward rates). For qualifying net investment hedges, all gains or losses on the hedging instruments are included in Accumulated other comprehensive income (loss).</span></div>
CY2021Q4 jef Other Investments Carrying Value
OtherInvestmentsCarryingValue
119400000 USD
CY2020Q4 jef Other Investments Carrying Value
OtherInvestmentsCarryingValue
90200000 USD
CY2021 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2020 us-gaap Impairment Of Investments
ImpairmentOfInvestments
20400000 USD
CY2019 us-gaap Impairment Of Investments
ImpairmentOfInvestments
5500000 USD
CY2021 us-gaap Debt And Equity Securities Realized Gain Loss Excluding Other Than Temporary Impairment
DebtAndEquitySecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment
800000 USD
CY2020 us-gaap Debt And Equity Securities Realized Gain Loss Excluding Other Than Temporary Impairment
DebtAndEquitySecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment
2100000 USD
CY2019 us-gaap Debt And Equity Securities Realized Gain Loss Excluding Other Than Temporary Impairment
DebtAndEquitySecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment
13800000 USD
CY2019 us-gaap Debt And Equity Securities Unrealized Gain Loss Excluding Other Than Temporary Impairment
DebtAndEquitySecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairment
0 USD
CY2021 us-gaap Debt And Equity Securities Unrealized Gain Loss Excluding Other Than Temporary Impairment
DebtAndEquitySecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairment
0 USD
CY2020 us-gaap Debt And Equity Securities Unrealized Gain Loss Excluding Other Than Temporary Impairment
DebtAndEquitySecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairment
0 USD
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
9000000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8600000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
6200000 USD
CY2021Q4 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
5820000000 USD
CY2020Q4 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
3330000000 USD
CY2021Q4 srt Payables To Customers
PayablesToCustomers
4460000000 USD
CY2020Q4 srt Payables To Customers
PayablesToCustomers
4250000000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
936272000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1080368000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
1563152000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
727126000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
24587000 USD
CY2019 jef Non Cash Financing Purchase Of Common Shares For Treasury Settled After Current Period End Date
NonCashFinancingPurchaseOfCommonSharesForTreasurySettledAfterCurrentPeriodEndDate
1200000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
3305756000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
3305756000 USD
CY2021Q4 jef Financial Instruments Owned At Fair Value Excluding Investments At Fair Value Based On Nav
FinancialInstrumentsOwnedAtFairValueExcludingInvestmentsAtFairValueBasedOnNAV
18802730000 USD
CY2021Q4 us-gaap Investments In And Advances To Affiliates At Fair Value
InvestmentsInAndAdvancesToAffiliatesAtFairValue
30842000 USD
CY2021Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
7289000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
3702200000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
3702200000 USD
CY2021Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
11699467000 USD
CY2021Q4 jef Other Secured Financings Fair Value
OtherSecuredFinancingsFairValue
102788000 USD
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1843598000 USD
CY2021Q4 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
7289000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1556136000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1556136000 USD
CY2020Q4 jef Financial Instruments Owned At Fair Value Excluding Investments At Fair Value Based On Nav
FinancialInstrumentsOwnedAtFairValueExcludingInvestmentsAtFairValueBasedOnNAV
17159193000 USD
CY2020Q4 us-gaap Investments In And Advances To Affiliates At Fair Value
InvestmentsInAndAdvancesToAffiliatesAtFairValue
48788000 USD
CY2020Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
7517000 USD
CY2020Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1798659000 USD
CY2020Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1798659000 USD
CY2020Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
10017600000 USD
CY2020Q4 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
5067000 USD
CY2020Q4 jef Other Secured Financings Fair Value
OtherSecuredFinancingsFairValue
1543000 USD
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1712245000 USD
CY2020Q4 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
7517000 USD
CY2021Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
53905000 USD
CY2020Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
17408000 USD
CY2021 jef Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Comprehensive Income
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherComprehensiveIncome
-63100000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
38300000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
168700000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
74300000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
24700000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
142300000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
12600000 USD
CY2020 jef Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Comprehensive Income
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherComprehensiveIncome
-33400000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
88000000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
24700000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
1900000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
143400000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-51600000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-82100000 USD
CY2019 jef Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Comprehensive Income
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherComprehensiveIncome
-11000000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
68600000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
26700000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-217000000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
44500000 USD
CY2021Q4 jef Excluded Securities From Unobservable Quantitative Information Assets
ExcludedSecuritiesFromUnobservableQuantitativeInformationAssets
40800000 USD
CY2020Q4 jef Excluded Securities From Unobservable Quantitative Information Assets
ExcludedSecuritiesFromUnobservableQuantitativeInformationAssets
192000000 USD
CY2021Q4 jef Excluded Securitiesfrom Unobservable Quantitative Information Liabilities
ExcludedSecuritiesfromUnobservableQuantitativeInformationLiabilities
2200000 USD
CY2020Q4 jef Excluded Securitiesfrom Unobservable Quantitative Information Liabilities
ExcludedSecuritiesfromUnobservableQuantitativeInformationLiabilities
800000 USD
CY2021 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
11682000 USD
CY2020 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-25623000 USD
CY2019 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-2072000 USD
CY2021 jef Fair Value Option Credit Risk Gains Losses On Loans
FairValueOptionCreditRiskGainsLossesOnLoans
1077000 USD
CY2020 jef Fair Value Option Credit Risk Gains Losses On Loans
FairValueOptionCreditRiskGainsLossesOnLoans
0 USD
CY2019 jef Fair Value Option Credit Risk Gains Losses On Loans
FairValueOptionCreditRiskGainsLossesOnLoans
656000 USD
CY2021 jef Fair Value Option Credit Risk Gains Losseson Loan Commitments
FairValueOptionCreditRiskGainsLossesonLoanCommitments
0 USD
CY2020 jef Fair Value Option Credit Risk Gains Losseson Loan Commitments
FairValueOptionCreditRiskGainsLossesonLoanCommitments
464000 USD
CY2019 jef Fair Value Option Credit Risk Gains Losseson Loan Commitments
FairValueOptionCreditRiskGainsLossesonLoanCommitments
-1089000 USD
CY2021Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
5600648000 USD
CY2020Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
1662647000 USD
CY2021Q4 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDueAggregatedDifference
64203000 USD
CY2020Q4 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDueAggregatedDifference
287889000 USD
CY2021Q4 jef Fair Value Option Aggregate Differences Longterm Debt And Shortterm Borrowing
FairValueOptionAggregateDifferencesLongtermDebtAndShorttermBorrowing
-38391000 USD
CY2020Q4 jef Fair Value Option Aggregate Differences Longterm Debt And Shortterm Borrowing
FairValueOptionAggregateDifferencesLongtermDebtAndShorttermBorrowing
-42819000 USD
CY2021Q4 jef Fair Value Option Aggregate Differences Other Secured Financings
FairValueOptionAggregateDifferencesOtherSecuredFinancings
3432000 USD
CY2020Q4 jef Fair Value Option Aggregate Differences Other Secured Financings
FairValueOptionAggregateDifferencesOtherSecuredFinancings
2782000 USD
CY2021Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due Aggregate Difference
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference
19700000 USD
CY2020Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due Aggregate Difference
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference
30000000 USD
CY2021Q4 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDue
56900000 USD
CY2020Q4 jef Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status And Or90 Days Or Greater Past Due
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAndOr90DaysOrGreaterPastDue
69700000 USD
CY2021Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
23500000 USD
CY2020Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
3800000 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
570472000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1412176000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
481007000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
641143000 USD
CY2021 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
16662000 USD
CY2020 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
4856000 USD
CY2019 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
-2546000 USD
CY2021 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-513614000 USD
CY2020 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
58275000 USD
CY2019 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-294871000 USD
CY2021Q4 jef Otc Derivative Assets Having Maturity Period Of Zero To Twelve Months
OtcDerivativeAssetsHavingMaturityPeriodOfZeroToTwelveMonths
397160000 USD
CY2021Q4 jef Otc Derivative Assets Having Maturity Period Of One To Five Years
OtcDerivativeAssetsHavingMaturityPeriodOfOneToFiveYears
120404000 USD
CY2021Q4 jef Otc Derivative Assets Having Maturity Period Of Greater Than Five Years
OtcDerivativeAssetsHavingMaturityPeriodOfGreaterThanFiveYears
115016000 USD
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P2Y2M12D
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 jef Recognition Of Accumulated Other Comprehensive Income Lodged Taxes
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0
CY2019 jef Recognition Of Accumulated Other Comprehensive Income Lodged Taxes
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1.138
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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15600000 USD
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11996000 USD
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0
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IncomeTaxReconciliationOtherReconcilingItems
3297000 USD
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5950000 USD
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544600000 USD
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544600000 USD
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260138000 USD
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