v3.25.2
Stockholders' Equity (Schedule Of Changes In Equity) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Jun. 19, 2025
May 07, 2025
Jan. 31, 2024
May 31, 2025
Nov. 30, 2024
Aug. 31, 2024
May 31, 2024
Feb. 29, 2024
May 31, 2025
May 31, 2024
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       $ 22,867,344   $ 27,015,753 $ 26,777,930 $ 26,701,966 $ 28,021,225 [1] $ 26,701,966
Net earnings (including net earnings attributable to noncontrolling interests)       481,820     960,586   1,010,533 1,680,507
Employee stock and directors plans       722     (1,046)   (63,671) (84,519)
Retirement of treasury stock                 0  
Purchases of treasury stock       (520,981)     (607,270)   (1,230,696) (1,118,827)
Amortization of restricted stock       28,773     34,506   112,858 122,186
Cash dividends       (133,589)     (138,931)   (265,235) (278,318)
Receipts related to noncontrolling interests       9,701     8,926   21,029 14,722
Payments related to noncontrolling interests       (576)     (24,667)   (5,965) (26,646)
Millrose Properties, Inc. spin-off                 (4,838,827)  
Non-cash purchase or activity of noncontrolling interests, net             4,364   (27,859) 2,965
Total other comprehensive loss, net of tax       (1,332)     1,355   (1,510) 1,717
Balance, ending       22,731,882 [1] $ 28,021,225 [1]   27,015,753 26,777,930 22,731,882 [1] 27,015,753
Additional shares authorized for repurchase, amount     $ 5,000,000              
Additional Paid - in Capital                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       5,812,802   5,674,733 5,651,836 5,570,009 5,729,434 5,570,009
Employee stock and directors plans       1,157     1,277   1,389 1,212
Retirement of treasury stock                 0  
Amortization of restricted stock       28,773     34,506   112,858 122,186
Non-cash purchase or activity of noncontrolling interests, net             (12,886)   (949) (18,674)
Balance, ending       5,842,732 5,729,434   5,674,733 5,651,836 5,842,732 5,674,733
Treasury Stock                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       (4,424,039)   (2,597,806) (1,988,200) (1,393,100) (3,649,564) (1,393,100)
Employee stock and directors plans       (438)     (2,336)   (65,198) (85,879)
Purchases of treasury stock       (520,981)     (607,270)   (1,230,696) (1,118,827)
Balance, ending       (4,945,458) (3,649,564)   (2,597,806) (1,988,200) (4,945,458) (2,597,806)
Accumulated Other Comprehensive Income (Loss)                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       7,351   6,596 5,241 4,879 7,529 4,879
Total other comprehensive loss, net of tax       (1,332)     1,355   (1,510) 1,717
Balance, ending       6,019 7,529   6,596 5,241 6,019 6,596
Retained Earnings                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       21,302,131   23,764,695 22,949,315 22,369,368 25,753,078 22,369,368
Net earnings (including net earnings attributable to noncontrolling interests)       477,449     954,311   996,975 1,673,645
Cash dividends       (133,589)     (138,931)   (265,235) (278,318)
Millrose Properties, Inc. spin-off                 (4,838,827)  
Balance, ending       21,645,991 25,753,078   23,764,695 22,949,315 21,645,991 23,764,695
Noncontrolling Interests                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       139,306   $ 137,879 130,095 121,302 151,090 121,302
Net earnings (including net earnings attributable to noncontrolling interests)       4,371     6,275   13,558 6,862
Receipts related to noncontrolling interests       9,701     8,926   21,029 14,722
Payments related to noncontrolling interests       (576)     (24,667)   (5,965) (26,646)
Non-cash purchase or activity of noncontrolling interests, net             17,250   (26,910) 21,639
Balance, ending       $ 152,802 $ 151,090   $ 137,879 $ 130,095 $ 152,802 $ 137,879
Common Class A                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Cash dividend declared (in dollars per share)         $ 0.50 $ 0.50 $ 0.50 $ 0.50    
Cash dividend paid (in dollars per share)   $ 0.50     $ 0.50 $ 0.50 $ 0.50 $ 0.50    
Shares repurchased during period (in shares)       4,501,936     3,393,475   9,271,936 6,419,603
Total purchase price       $ 495,230     $ 543,276   $ 1,139,849 $ 998,064
Average share price of shares repurchased (in dollars per share)       $ 110.00     $ 160.09   $ 122.94 $ 155.47
Common Class A | Subsequent Event                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Cash dividend declared (in dollars per share) $ 0.50                  
Common Class A | Common Stock                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       $ 26,133   $ 25,996 $ 25,983 $ 25,848 $ 25,998 $ 25,848
Employee stock and directors plans       3     13   138 148
Retirement of treasury stock                 0  
Balance, ending       $ 26,136 $ 25,998   $ 25,996 $ 25,983 $ 26,136 $ 25,996
Common Class B                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Cash dividend declared (in dollars per share)         $ 0.50 $ 0.50 $ 0.50 $ 0.50    
Cash dividend paid (in dollars per share)   $ 0.50     $ 0.50 $ 0.50 $ 0.50 $ 0.50    
Shares repurchased during period (in shares)       204,515     406,525   663,320 780,397
Total purchase price       $ 21,504     $ 59,570   $ 79,625 $ 111,207
Average share price of shares repurchased (in dollars per share)       $ 105.15     $ 146.54   $ 120.04 $ 142.50
Common Class B | Subsequent Event                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Cash dividend declared (in dollars per share) $ 0.50                  
Common Class B | Common Stock                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Balance, beginning       $ 3,660   $ 3,660 $ 3,660 $ 3,660 $ 3,660 $ 3,660
Retirement of treasury stock                 0  
Balance, ending       3,660 $ 3,660   $ 3,660 $ 3,660 3,660 $ 3,660
Common Stock                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Share Repurchase Program, Remaining Authorized, Amount       $ 2,200,000         $ 2,200,000  
[1] As of May 31, 2025, total liabilities include $1.7 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $31.0 million is included in Homebuilding accounts payable, $1.7 billion in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debt payable, $0.8 million in Homebuilding other liabilities, and $1.0 million in Multifamily liabilities.
As of November 30, 2024, total liabilities include $2.7 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $67.3 million is included in Homebuilding accounts payable, $2.6 billion in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debts payable, net, $45.8 million in Homebuilding other liabilities, and $1.0 million in Multifamily liabilities.