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Stockholders' Equity (Tables)
3 Months Ended
Feb. 29, 2020
Equity [Abstract]  
Schedule of Changes in Equity
The following tables reflect the changes in equity attributable to both Lennar Corporation and the noncontrolling interests of its consolidated subsidiaries in which it has less than a 100% ownership interest for the three months ended February 29, 2020 and February 28, 2019:
 
 
 
Three months ended February 29, 2020
 
 
(In thousands)
Total
Equity
 
Class A
Common Stock
 
Class B
Common Stock
 
Additional
Paid - in Capital
 
Treasury
Stock
 
Accumulated Other Comprehensive Income (Loss)
 
Retained
Earnings
 
Noncontrolling
Interests
Balance at November 30, 2019
$
16,033,830

 
29,712

 
3,944

 
8,578,219

 
(957,857
)
 
498

 
8,295,001

 
84,313

Net earnings (including net loss attributable to noncontrolling interests)
391,223

 

 

 

 

 

 
398,452

 
(7,229
)
Employee stock and directors plans
(7,424
)
 
90

 

 
(130
)
 
(7,384
)
 

 

 

Purchases of treasury stock
(288,515
)
 

 

 

 
(288,515
)
 

 

 

Amortization of restricted stock
31,855

 

 

 
31,855

 

 

 

 

Cash dividends
(39,240
)
 

 

 

 

 

 
(39,240
)
 

Receipts related to noncontrolling interests
88,913

 

 

 

 

 

 

 
88,913

Payments related to noncontrolling interests
(16,734
)
 

 

 

 

 

 

 
(16,734
)
Non-cash consolidations, net
(485
)
 

 

 

 

 

 

 
(485
)
Total other comprehensive loss, net of tax
(46
)
 

 

 

 

 
(46
)
 

 

Balance at February 29, 2020
$
16,193,377

 
29,802

 
3,944

 
8,609,944

 
(1,253,756
)
 
452

 
8,654,213

 
148,778

 
 
 
Three months ended February 28, 2019
 
 
(In thousands)
Total
Equity
 
Class A
Common Stock
 
Class B
Common Stock
 
Additional
Paid - in Capital
 
Treasury
Stock
 
Accumulated Other Comprehensive Income (Loss)
 
Retained
Earnings
 
Noncontrolling
Interests
Balance at November 30, 2018
$
14,682,957

 
29,499

 
3,944

 
8,496,677

 
(435,869
)
 
(366
)
 
6,487,650

 
101,422

Net earnings (including net loss attributable to noncontrolling interests)
239,424

 

 

 

 

 

 
239,910

 
(486
)
Employee stock and directors plans
(1,422
)
 
2

 

 
725

 
(2,149
)
 

 

 

Purchases of treasury stock
(46,998
)
 

 

 

 
(46,998
)
 

 

 

Amortization of restricted stock
16,899

 

 

 
16,899

 

 

 

 

Cash dividends
(12,860
)
 

 

 

 

 

 
(12,860
)
 

Receipts related to noncontrolling interests
8,348

 

 

 

 

 

 

 
8,348

Payments related to noncontrolling interests
(11,297
)
 

 

 

 

 

 

 
(11,297
)
Non-cash consolidations, net
8,894

 

 

 

 

 

 

 
8,894

Cumulative-effect of accounting change
9,542

 

 

 

 

 

 
9,542

 

Total other comprehensive earnings, net of tax
208

 

 

 

 

 
208

 

 

Balance at February 28, 2019
$
14,893,695

 
29,501

 
3,944

 
8,514,301

 
(485,016
)
 
(158
)
 
6,724,242

 
106,881