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Supplemental Financial Information (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Thousands
May 31, 2020
Feb. 29, 2020
Nov. 30, 2019
May 31, 2019
Feb. 28, 2019
Nov. 30, 2018
Assets:            
Investments in unconsolidated entities $ 2,045,458   $ 1,973,913      
Goodwill 3,632,058   3,657,875      
Other assets 1,264,236   1,245,391      
Total assets [1] 29,309,025   29,359,511      
LIABILITIES AND EQUITY            
Total liabilities [2] 12,676,401   13,325,681      
Total stockholders’ equity [2] 16,542,703   15,949,517      
Noncontrolling interests 89,921   84,313 [2]      
Total equity 16,632,624 [2] $ 16,193,377 16,033,830 [2] $ 15,246,535 $ 14,893,695 $ 14,682,957
Total liabilities and equity [2] 29,309,025   29,359,511      
Homebuilding            
Assets:            
Cash and cash equivalents, restricted cash and receivables, net 1,707,745   1,539,654      
Inventories 17,947,406   17,776,507      
Investments in unconsolidated entities [1] 973,044   1,009,035      
Goodwill [1] 3,442,359   3,442,359      
Other assets [1] 1,080,186   1,021,684      
Investments in subsidiaries 0   0      
Intercompany 0   0      
Total assets [1] 25,150,740   24,789,239      
LIABILITIES AND EQUITY            
Accounts payable and other liabilities 2,934,528   2,970,134      
Liabilities related to consolidated inventory not owned [2] 344,074   260,266      
Senior notes and other debts payable, net [2] 7,495,674   7,776,638      
Intercompany 0   0      
Total liabilities [2] 10,774,276   11,007,038      
Financial Services            
Assets:            
Total assets [1] 2,577,805   3,006,024      
LIABILITIES AND EQUITY            
Total liabilities 1,663,548   2,056,450 [2]      
Multifamily            
Assets:            
Total assets [1] 1,127,929   1,068,831      
LIABILITIES AND EQUITY            
Total liabilities 222,387   232,155 [2]      
Lennar Other            
Assets:            
Total assets [1] 452,551   495,417      
LIABILITIES AND EQUITY            
Total liabilities 16,190   30,038 [2]      
Reportable Legal Entities | Lennar Corporation            
Assets:            
Total assets 23,930,437   23,548,274      
LIABILITIES AND EQUITY            
Total liabilities 7,387,734   7,598,757      
Total stockholders’ equity 16,542,703   15,949,517      
Noncontrolling interests 0   0      
Total equity 16,542,703   15,949,517      
Total liabilities and equity 23,930,437   23,548,274      
Reportable Legal Entities | Lennar Corporation | Homebuilding            
Assets:            
Cash and cash equivalents, restricted cash and receivables, net 1,000,333   722,172      
Inventories 0   0      
Investments in unconsolidated entities 0   0      
Goodwill 0   0      
Other assets 392,355   344,941      
Investments in subsidiaries 10,270,732   10,453,165      
Intercompany 12,267,017   12,027,996      
Total assets 23,930,437   23,548,274      
LIABILITIES AND EQUITY            
Accounts payable and other liabilities 832,049   760,981      
Liabilities related to consolidated inventory not owned 0   0      
Senior notes and other debts payable, net 6,555,685   6,837,776      
Intercompany 0   0      
Total liabilities 7,387,734   7,598,757      
Reportable Legal Entities | Lennar Corporation | Financial Services            
Assets:            
Total assets 0   0      
LIABILITIES AND EQUITY            
Total liabilities 0   0      
Reportable Legal Entities | Lennar Corporation | Multifamily            
Assets:            
Total assets 0   0      
LIABILITIES AND EQUITY            
Total liabilities 0   0      
Reportable Legal Entities | Lennar Corporation | Lennar Other            
Assets:            
Total assets 0   0      
LIABILITIES AND EQUITY            
Total liabilities 0   0      
Reportable Legal Entities | Guarantor Subsidiaries            
Assets:            
Total assets 23,565,169   23,600,762      
LIABILITIES AND EQUITY            
Total liabilities 13,206,834   13,244,024      
Total stockholders’ equity 10,358,335   10,356,738      
Noncontrolling interests 0   0      
Total equity 10,358,335   10,356,738      
Total liabilities and equity 23,565,169   23,600,762      
Reportable Legal Entities | Guarantor Subsidiaries | Homebuilding            
Assets:            
Cash and cash equivalents, restricted cash and receivables, net 695,182   794,588      
Inventories 17,528,852   17,396,139      
Investments in unconsolidated entities 971,058   1,006,541      
Goodwill 3,442,359   3,442,359      
Other assets 468,610   500,356      
Investments in subsidiaries 21,757   26,773      
Intercompany 0   0      
Total assets 23,127,818   23,166,756      
LIABILITIES AND EQUITY            
Accounts payable and other liabilities 1,821,132   1,935,366      
Liabilities related to consolidated inventory not owned 344,074   260,266      
Senior notes and other debts payable, net 865,539   885,783      
Intercompany 10,145,745   10,122,374      
Total liabilities 13,176,490   13,203,789      
Reportable Legal Entities | Guarantor Subsidiaries | Financial Services            
Assets:            
Total assets 249,999   275,812      
LIABILITIES AND EQUITY            
Total liabilities 30,344   40,235      
Reportable Legal Entities | Guarantor Subsidiaries | Multifamily            
Assets:            
Total assets 0   0      
LIABILITIES AND EQUITY            
Total liabilities 0   0      
Reportable Legal Entities | Guarantor Subsidiaries | Lennar Other            
Assets:            
Total assets 187,352   158,194      
LIABILITIES AND EQUITY            
Total liabilities 0   0      
Reportable Legal Entities | Non-Guarantor Subsidiaries            
Assets:            
Total assets 4,423,385   4,763,467      
LIABILITIES AND EQUITY            
Total liabilities 4,399,310   4,555,954      
Total stockholders’ equity (65,846)   123,200      
Noncontrolling interests 89,921   84,313      
Total equity 24,075   207,513      
Total liabilities and equity 4,423,385   4,763,467      
Reportable Legal Entities | Non-Guarantor Subsidiaries | Homebuilding            
Assets:            
Cash and cash equivalents, restricted cash and receivables, net 12,230   22,894      
Inventories 418,554   380,368      
Investments in unconsolidated entities 1,986   2,494      
Other assets 251,743   217,607      
Investments in subsidiaries 0   0      
Intercompany 0   0      
Total assets 684,513   623,363      
LIABILITIES AND EQUITY            
Accounts payable and other liabilities 331,807   318,845      
Liabilities related to consolidated inventory not owned     0      
Senior notes and other debts payable, net 74,450   53,079      
Intercompany 2,121,272   1,905,622      
Total liabilities 2,527,529   2,277,546      
Reportable Legal Entities | Non-Guarantor Subsidiaries | Financial Services            
Assets:            
Total assets 2,329,154   2,731,285      
LIABILITIES AND EQUITY            
Total liabilities 1,633,204   2,016,215      
Reportable Legal Entities | Non-Guarantor Subsidiaries | Multifamily            
Assets:            
Total assets 1,127,929   1,068,831      
LIABILITIES AND EQUITY            
Total liabilities 222,387   232,155      
Reportable Legal Entities | Non-Guarantor Subsidiaries | Lennar Other            
Assets:            
Total assets 281,789   339,988      
LIABILITIES AND EQUITY            
Total liabilities 16,190   30,038      
Consolidating Adjustments            
Assets:            
Total assets (22,609,966)   (22,552,992)      
LIABILITIES AND EQUITY            
Total liabilities (12,317,477)   (12,073,054)      
Total stockholders’ equity (10,292,489)   (10,479,938)      
Noncontrolling interests     0      
Total equity (10,292,489)   (10,479,938)      
Total liabilities and equity (22,609,966)   (22,552,992)      
Consolidating Adjustments | Homebuilding            
Assets:            
Cash and cash equivalents, restricted cash and receivables, net 0   0      
Inventories 0   0      
Investments in unconsolidated entities 0   0      
Goodwill 0   0      
Other assets (32,522)   (41,220)      
Investments in subsidiaries (10,292,489)   (10,479,938)      
Intercompany (12,267,017)   (12,027,996)      
Total assets (22,592,028)   (22,549,154)      
LIABILITIES AND EQUITY            
Accounts payable and other liabilities (50,460)   (45,058)      
Liabilities related to consolidated inventory not owned 0   0      
Senior notes and other debts payable, net 0   0      
Intercompany (12,267,017)   (12,027,996)      
Total liabilities (12,317,477)   (12,073,054)      
Consolidating Adjustments | Financial Services            
Assets:            
Total assets (1,348)   (1,073)      
LIABILITIES AND EQUITY            
Total liabilities 0   0      
Consolidating Adjustments | Multifamily            
Assets:            
Total assets 0   0      
LIABILITIES AND EQUITY            
Total liabilities 0   0      
Consolidating Adjustments | Lennar Other            
Assets:            
Total assets (16,590)   (2,765)      
LIABILITIES AND EQUITY            
Total liabilities $ 0   $ 0      
[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, 2020, total assets include $873.0 million related to consolidated VIEs of which $9.1 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $110.6 million in Homebuilding finished homes and construction in progress, $308.4 million in Homebuilding land and land under development, $391.6 million in Homebuilding consolidated inventory not owned, $2.0 million in Homebuilding investments in unconsolidated entities, $8.0 million in Homebuilding other assets and $43.3 million in Multifamily assets.
As of November 30, 2019, total assets include $980.2 million related to consolidated VIEs of which $15.5 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $97.5 million in Homebuilding finished homes and construction in progress, $283.2 million in Homebuilding land and land under development, $301.0 million in Homebuilding consolidated inventory not owned, $2.5 million in Homebuilding investments in unconsolidated entities, $10.0 million in Homebuilding other assets, $221.2 million in Financial Services assets and $49.1 million in Multifamily 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, 2020, total liabilities include $450.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $20.9 million is included in Homebuilding accounts payable, $335.5 million in Homebuilding liabilities related to consolidated inventory not owned, $74.5 million in Homebuilding senior notes and other debts payable, $8.6 million in Homebuilding other liabilities and $11.0 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.