v3.26.1
Stockholders' Equity (Schedule Of Changes In Equity) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 1 Months Ended 3 Months Ended
Apr. 08, 2026
Jan. 31, 2024
Feb. 28, 2026
Aug. 31, 2025
May 31, 2025
Feb. 28, 2025
Nov. 30, 2024
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance, beginning     $ 22,140,609 [1]   $ 22,867,344 $ 28,021,225  
Net earnings (including net earnings attributable to noncontrolling interests)     233,361     528,713  
Employee stock and directors plans     (8,419)     (64,393)  
Purchases of treasury stock     (239,497)     (709,715)  
Amortization of restricted stock     62,377     84,085  
Cash dividends     (123,480)     (131,646)  
Receipts related to noncontrolling interests     1,083     11,328  
Payments related to noncontrolling interests     (10,709)     (5,389)  
Millrose Properties, Inc. spin-off           (4,838,827)  
Non-cash purchase or activity of noncontrolling interests, net     (22,657)     (27,859)  
Total other comprehensive loss, net of tax     (405)     (178)  
Balance, ending     22,032,263 [1]     22,867,344 $ 28,021,225
Additional shares authorized for repurchase, amount   $ 5,000,000          
Additional Paid - in Capital              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance, beginning     5,909,726   5,812,802 5,729,434  
Employee stock and directors plans     21,630     232  
Amortization of restricted stock     62,377     84,085  
Non-cash purchase or activity of noncontrolling interests, net     0     (949)  
Balance, ending     5,993,733     5,812,802 5,729,434
Treasury Stock              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance, beginning     (6,457,609)   (4,424,039) (3,649,564)  
Employee stock and directors plans     (30,210)     (64,760)  
Purchases of treasury stock     (239,497)     (709,715)  
Balance, ending     (6,727,316)     (4,424,039) (3,649,564)
Accumulated Other Comprehensive Income (Loss)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance, beginning     6,011   7,351 7,529  
Total other comprehensive loss, net of tax     (405)     (178)  
Balance, ending     5,606     7,351 7,529
Retained Earnings              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance, beginning     22,471,471   21,302,131 25,753,078  
Net earnings (including net earnings attributable to noncontrolling interests)     229,383     519,526  
Cash dividends     (123,480)     (131,646)  
Millrose Properties, Inc. spin-off           (4,838,827)  
Balance, ending     22,577,374     21,302,131 25,753,078
Noncontrolling Interests              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance, beginning     181,192   $ 139,306 151,090  
Net earnings (including net earnings attributable to noncontrolling interests)     3,978     9,187  
Receipts related to noncontrolling interests     1,083     11,328  
Payments related to noncontrolling interests     (10,709)     (5,389)  
Non-cash purchase or activity of noncontrolling interests, net     (22,657)     (26,910)  
Balance, ending     $ 152,887     $ 139,306 $ 151,090
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
Shares repurchased during period (in shares)     1,836,885     4,770,000  
Total purchase price     $ 219,271     $ 644,618  
Average share price of shares repurchased (in dollars per share)     $ 119.37     $ 135.14  
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     $ 26,158   $ 26,133 $ 25,998  
Employee stock and directors plans     161     135  
Balance, ending     $ 26,319     $ 26,133 $ 25,998
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
Shares repurchased during period (in shares)     163,115     458,805  
Total purchase price     $ 17,816     $ 58,121  
Average share price of shares repurchased (in dollars per share)     $ 109.22     $ 126.68  
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  
Balance, ending     3,660     $ 3,660 $ 3,660
Common Stock              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share Repurchase Program, Remaining Authorized, Amount     $ 1,500,000        
[1] As of February 28, 2026, total liabilities include $1.0 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $15.5 million is included in Homebuilding accounts payable, $961.7 million in Homebuilding liabilities related to consolidated inventory not owned, $1.2 million in Homebuilding other liabilities, and $1.0 million in Multifamily liabilities.
As of November 30, 2025, total liabilities include $962.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $23.8 million is included in Homebuilding accounts payable, $930.1 million in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debts payable, net, $1.5 million in Homebuilding other liabilities, and $1.0 million in Multifamily liabilities.