Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands |
May 31, 2025 |
Nov. 30, 2024 |
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Total assets | [1] | $ 34,374,546 | $ 41,312,781 | |||
Total liabilities | [2] | $ 11,642,664 | $ 13,291,556 | |||
Common Class A | ||||||
Common stock, par value (in dollars per share) | $ 0.10 | $ 0.10 | ||||
Common stock, shares authorized | 400,000,000 | 400,000,000 | ||||
Common stock, shares issued | 261,355,858 | 259,979,453 | ||||
Treasury stock, shares | 33,754,219 | 23,814,148 | ||||
Common Class B | ||||||
Common stock, par value (in dollars per share) | $ 0.10 | $ 0.10 | ||||
Common stock, shares authorized | 90,000,000 | 90,000,000 | ||||
Common stock, shares issued | 36,601,215 | 36,601,215 | ||||
Treasury stock, shares | 5,196,021 | 4,532,701 | ||||
Homebuilding | ||||||
Total assets | [1] | $ 29,391,517 | $ 35,594,469 | |||
Cash and cash equivalents | [1] | 1,168,143 | 4,662,643 | |||
Restricted cash | [1] | 23,987 | 11,799 | |||
Receivables, net | [1] | 995,664 | 1,053,211 | |||
Finished homes and construction in progress | [1] | 10,104,530 | 10,884,861 | |||
Land and land under development | [1] | 1,270,931 | 4,750,025 | |||
Consolidated inventory not owned | [1] | 2,660,686 | 4,084,665 | |||
Investments in unconsolidated entities | [1] | 2,699,981 | 1,344,836 | |||
Other assets | [1] | 1,759,645 | 1,734,698 | |||
Total liabilities | [2] | 9,820,482 | 10,863,209 | |||
Accounts payable | [2] | 2,126,002 | 1,839,440 | |||
Liabilities related to consolidated inventory not owned | [2] | 2,317,996 | 3,563,934 | |||
Senior notes and other debts payable, net | [2] | 2,791,987 | 2,258,283 | |||
Other liabilities | [2] | 2,584,497 | 3,201,552 | |||
Multifamily | ||||||
Total assets | [1] | 1,133,255 | 1,306,818 | |||
Total liabilities | [2] | 134,922 | 181,883 | |||
Lennar Other | ||||||
Total assets | [1] | 790,537 | 894,944 | |||
Total liabilities | [2] | 94,874 | 105,756 | |||
Variable Interest Entity, Primary Beneficiary | ||||||
Total assets | 2,300,000 | 3,700,000 | ||||
Total liabilities | 1,700,000 | 2,700,000 | ||||
Variable Interest Entity, Primary Beneficiary | Homebuilding | ||||||
Cash and cash equivalents | 56,000 | 67,000 | ||||
Receivables, net | 3,100 | 6,000 | ||||
Finished homes and construction in progress | 37,800 | 9,700 | ||||
Land and land under development | 342,000 | 602,900 | ||||
Consolidated inventory not owned | 1,800,000 | 2,800,000 | ||||
Investments in unconsolidated entities | 300 | 300 | ||||
Other assets | 8,200 | 42,300 | ||||
Accounts payable | 31,000 | 67,300 | ||||
Liabilities related to consolidated inventory not owned | 1,700,000 | 2,600,000 | ||||
Senior notes and other debts payable, net | 6,000 | 6,000 | ||||
Other liabilities | 800 | 45,800 | ||||
Inventory, Real Estate, Homebuilding Deposits and Pre-Acquisition Costs | 72,300 | 71,800 | ||||
Variable Interest Entity, Primary Beneficiary | Multifamily | ||||||
Total assets | 35,100 | 33,900 | ||||
Total liabilities | $ 1,000 | $ 1,000 | ||||
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- Definition Inventory, Homes under Construction and Finished Homes No definition available.
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- Definition Inventory, Real Estate, Homebuilding Deposits and Pre-Acquisition Costs No definition available.
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- Definition Liabilities for Land Under Purchase Options, Recorded No definition available.
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Face amount or stated value per share of common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying amount as of the balance sheet date, net of valuation allowances and impairment losses, of costs of land expected to be developed in the near term plus capitalized costs of development, for purposes of selling completed units to home buyers or commercial or industrial entities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The carrying amount as of the balance sheet date of land not owned but under a contract in which the entity has an option to purchase the land. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liabilities classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of previously issued common shares repurchased by the issuing entity and held in treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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