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Stockholders' Equity (Schedule Of Changes In Equity) (Details) - USD ($)
3 Months Ended
Apr. 07, 2020
Feb. 07, 2020
Feb. 29, 2020
Nov. 30, 2019
Aug. 31, 2019
May 31, 2019
Feb. 28, 2019
Jan. 31, 2019
Dec. 01, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     $ 16,033,830,000 [1]     $ 14,893,695,000 $ 14,682,957,000    
Net earnings (including net loss attributable to noncontrolling interests)     391,223,000       239,424,000    
Employee stock and directors plans     (7,424,000)       (1,422,000)    
Purchases of treasury stock     (288,515,000)       (46,998,000)    
Amortization of restricted stock     31,855,000       16,899,000    
Cash dividends     (39,240,000)       (12,860,000)    
Receipts related to noncontrolling interests     88,913,000       8,348,000    
Payments related to noncontrolling interests     (16,734,000)       (11,297,000)    
Non-cash consolidations, net     (485,000)       8,894,000    
Cumulative Effect of New Accounting Principle in Period of Adoption                 $ 9,542,000
Total other comprehensive loss, net of tax     (46,000)       208,000    
Balance, ending     16,193,377,000 [1] $ 16,033,830,000 [1]     $ 14,893,695,000    
Cash dividends (in dollars per share)   $ 0.125   $ 0.04 $ 0.04 $ 0.04 $ 0.04    
Stock repurchase program, authorized value               $ 1,000,000,000  
Stock repurchase program, authorized shares (in shares)               25,000,000  
Additional Paid - in Capital                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     8,578,219,000     $ 8,514,301,000 $ 8,496,677,000    
Employee stock and directors plans     (130,000)       725,000    
Amortization of restricted stock     31,855,000       16,899,000    
Cumulative Effect of New Accounting Principle in Period of Adoption                 0
Balance, ending     8,609,944,000 $ 8,578,219,000     8,514,301,000    
Treasury Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     (957,857,000)     (485,016,000) (435,869,000)    
Employee stock and directors plans     (7,384,000)       (2,149,000)    
Purchases of treasury stock     (288,515,000)       (46,998,000)    
Cumulative Effect of New Accounting Principle in Period of Adoption                 0
Balance, ending     (1,253,756,000) (957,857,000)     (485,016,000)    
Accumulated Other Comprehensive Income (Loss)                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     498,000     (158,000) (366,000)    
Cumulative Effect of New Accounting Principle in Period of Adoption                 0
Total other comprehensive loss, net of tax     (46,000)       208,000    
Balance, ending     452,000 498,000     (158,000)    
Retained Earnings                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     8,295,001,000     6,724,242,000 6,487,650,000    
Net earnings (including net loss attributable to noncontrolling interests)     398,452,000       239,910,000    
Employee stock and directors plans             0    
Cash dividends     (39,240,000)       (12,860,000)    
Cumulative Effect of New Accounting Principle in Period of Adoption                 9,542,000
Balance, ending     8,654,213,000 8,295,001,000     6,724,242,000    
Noncontrolling Interests                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     84,313,000     106,881,000 101,422,000    
Net earnings (including net loss attributable to noncontrolling interests)     (7,229,000)       (486,000)    
Receipts related to noncontrolling interests     88,913,000       8,348,000    
Payments related to noncontrolling interests     (16,734,000)       (11,297,000)    
Non-cash consolidations, net     (485,000)       8,894,000    
Cumulative Effect of New Accounting Principle in Period of Adoption                 0
Balance, ending     $ 148,778,000 84,313,000     $ 106,881,000    
Class A Common Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares repurchased during period (in shares)     4,250,000       1,000,000    
Shares repurchased during period, value     $ 282,274,000       $ 46,998,000    
Average share price of shares repurchased (in dollars per share)     $ 66.42       $ 46.98    
Class A Common Stock | Common Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     $ 29,712,000     29,501,000 $ 29,499,000    
Employee stock and directors plans     90,000       2,000    
Cumulative Effect of New Accounting Principle in Period of Adoption                 0
Balance, ending     $ 29,802,000 29,712,000     $ 29,501,000    
Class B Common Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares repurchased during period (in shares)     115,000       0    
Shares repurchased during period, value     $ 6,155,000       $ 0    
Average share price of shares repurchased (in dollars per share)     $ 53.52       $ 0    
Class B Common Stock | Common Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Balance, beginning     $ 3,944,000     $ 3,944,000 $ 3,944,000    
Cumulative Effect of New Accounting Principle in Period of Adoption                 $ 0
Balance, ending     $ 3,944,000 $ 3,944,000     $ 3,944,000    
Subsequent Event                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Cash dividends (in dollars per share) $ 0.125                
[1]
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 February 29, 2020, total liabilities include $669.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $8.9 million is included in Homebuilding accounts payable, $353.5 million in Homebuilding liabilities related to consolidated inventory not owned, $68.3 million in Homebuilding senior notes and other debts payable, $8.9 million in Homebuilding other liabilities, $218.5 million in Financial Services liabilities and $11.3 million in Multifamily liabilities.
As of November 30, 2019, total liabilities include $549.7 million related to consolidated VIEs as to which there was no recourse against the Company, of which $13.7 million is included in Homebuilding accounts payable, $247.5 million in Homebuilding liabilities related to consolidated inventory not owned, $47.1 million in Homebuilding senior notes and other debt payable, $8.9 million in Homebuilding other liabilities, $231.1 million in Financial Services liabilities and $1.4 million in Multifamily liabilities.