v3.25.4
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
Nov. 28, 2025
Payables and Accruals [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
Accrued expenses and other current liabilities as of November 28, 2025 and November 29, 2024 consisted of the following:
(in millions)20252024
Accrued compensation costs
$1,345 $1,221 
Accrued corporate marketing197 176 
Sales and use taxes payable
150 121 
Refund liabilities137 141 
Excise taxes payable
105 74 
Fair value of derivative liabilities
102 9 
Derivative collateral liabilities
101 168 
Other511 426 
Accrued expenses and other current liabilities
$2,648 $2,336 
Other primarily includes general business accruals, accrued interest expense and royalties payable.