Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		May 31, 2019	Nov. 30, 2018
Inventories:
Total assets	[1]	$ 29,583,064	$ 28,566,181
LIABILITIES AND EQUITY
Total liabilities	[2]	14,336,529	13,883,224
Stockholders' equity:
Preferred stock	[2]	0	0
Additional paid-in capital	[2]	8,529,828	8,496,677
Retained earnings	[2]	7,132,908	6,487,650
Treasury stock, at cost; May 31, 2019 - 10,630,966 shares of Class A common stock and 1,699,559 shares of Class B common stock; November 30, 2018 - 8,498,203 shares of Class A common stock and 1,698,424 shares of Class B common stock	[2]	(537,106)	(435,869)
Accumulated other comprehensive income (loss)	[2]	227	(366)
Total stockholders’ equity	[2]	15,159,304	14,581,535
Noncontrolling interests	[2]	87,231	101,422
Total equity	[2]	15,246,535	14,682,957
Total liabilities and equity	[2]	29,583,064	28,566,181
Class A Common Stock
Stockholders' equity:
Common stock	[2]	29,503	29,499
Class B Common Stock
Stockholders' equity:
Common stock	[2]	3,944	3,944
Homebuilding
ASSETS
Cash and cash equivalents	[1]	800,678	1,337,807
Restricted cash	[1]	11,687	12,399
Receivables, net	[1]	303,595	236,841
Inventories:
Finished homes and construction in progress	[1]	10,045,155	8,681,357
Land and land under development	[1]	8,334,678	8,178,388
Consolidated inventory not owned	[1]	394,655	208,959
Total inventories	[1]	18,774,488	17,068,704
Investments in unconsolidated entities	[1]	983,683	870,201
Goodwill	[1]	3,442,359	3,442,359
Other assets	[1]	1,202,965	1,355,782
Total assets	[1]	25,519,455	24,324,093
LIABILITIES AND EQUITY
Accounts payable	[2]	1,067,984	1,154,782
Liabilities related to consolidated inventory not owned	[2]	346,287	175,590
Senior notes and other debts payable	[2]	9,390,941	8,543,868
Other liabilities	[2]	1,804,956	1,902,658
Total liabilities	[2]	12,610,168	11,776,898
Financial Services
ASSETS
Cash and cash equivalents		171,892	188,485
Restricted cash		14,868	17,944
Receivables, net		230,452	731,169
Inventories:
Goodwill		215,516	237,688
Other assets		136,244	125,886
Total assets	[1]	2,468,263	2,778,910
LIABILITIES AND EQUITY
Other liabilities		266,989	309,500
Total liabilities	[2]	1,481,006	1,868,202
Multifamily
ASSETS
Cash and cash equivalents		5,203	7,832
Receivables, net		80,270	73,829
Inventories:
Land and land under development		347,989	277,894
Investments in unconsolidated entities		510,223	481,129
Other assets		102,511	33,535
Total assets	[1]	1,046,196	874,219
LIABILITIES AND EQUITY
Total liabilities	[2]	215,316	170,616
Lennar Other
ASSETS
Cash and cash equivalents		15,768	24,334
Restricted cash		975	7,175
Inventories:
Investments in unconsolidated entities		429,943	424,104
Other assets		35,257	47,740
Total assets	[1]	549,150	588,959
LIABILITIES AND EQUITY
Other liabilities		14,861	53,020
Total liabilities	[2]	30,039	67,508
Variable Interest Entity, Primary Beneficiary
Inventories:
Total assets		1,400,000	666,200
LIABILITIES AND EQUITY
Total liabilities		928,900	242,500
Variable Interest Entity, Primary Beneficiary | Homebuilding
ASSETS
Cash and cash equivalents		52,900	57,600
Receivables, net		103,300	200
Inventories:
Finished homes and construction in progress		240,100	81,700
Land and land under development		301,000	293,100
Consolidated inventory not owned		394,700	209,000
Investments in unconsolidated entities		4,100	3,800
Other assets		10,400	10,500
LIABILITIES AND EQUITY
Accounts payable		17,300	11,400
Liabilities related to consolidated inventory not owned		346,300	175,600
Senior notes and other debts payable	[2]	370,700	51,900
Other liabilities		1,700	2,600
Variable Interest Entity, Primary Beneficiary | Financial Services
Inventories:
Other assets		187,200
LIABILITIES AND EQUITY
Total liabilities		190,600
Variable Interest Entity, Primary Beneficiary | Multifamily
Inventories:
Total assets		50,800
LIABILITIES AND EQUITY
Total liabilities		1,000
Variable Interest Entity, Primary Beneficiary | Lennar Other
Inventories:
Total assets		7,200	10,300
LIABILITIES AND EQUITY
Total liabilities		$ 1,300	$ 1,000

[1] Under certain provisions of Accounting Standards Codification ("ASC") Topic 810, Consolidations, ("ASC 810") the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities ("VIEs") and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations. As of May 31, 2019, total assets include $1.4 billion related to consolidated VIEs of which $52.9 million is included in Homebuilding cash and cash equivalents, $103.3 million in Homebuilding receivables, net, $240.1 million in Homebuilding finished homes and construction in progress, $301.0 million in Homebuilding land and land under development, $394.7 million in Homebuilding consolidated inventory not owned, $4.1 million in Homebuilding investments in unconsolidated entities, $10.4 million in Homebuilding other assets, $187.2 million in Financial Services assets, $50.8 million in Multifamily assets and $7.2 million in Lennar Other assets. As of November 30, 2018, total assets include $666.2 million related to consolidated VIEs of which $57.6 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $81.7 million in Homebuilding finished homes and construction in progress, $293.1 million in Homebuilding land and land under development, $209.0 million in Homebuilding consolidated inventory not owned, $3.8 million in Homebuilding investments in unconsolidated entities, $10.5 million in Homebuilding other assets and $10.3 million in Lennar Other assets.

[2] Under certain provisions of ASC 810, the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated VIEs and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations. As of May 31, 2019, total liabilities include $928.9 million related to consolidated VIEs as to which there was no recourse against the Company, of which $17.3 million is included in Homebuilding accounts payable, $370.7 million in Homebuilding senior notes and other debts payable, $346.3 million in Homebuilding liabilities related to consolidated inventory not owned, $1.7 million in Homebuilding other liabilities, $190.6 million in Financial Services liabilities, $1.0 million in Multifamily liabilities and $1.3 million in Lennar Other liabilities. As of November 30, 2018, total liabilities include $242.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $11.4 million is included in Homebuilding accounts payable, $51.9 million in Homebuilding senior notes and other debt payable, $175.6 million in Homebuilding liabilities related to consolidated inventory not owned, $2.6 million in Homebuilding other liabilities and $1.0 million in Lennar Other liabilities.