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Product Warranty
 6 Months Ended
May 31, 2022
Product Warranties Disclosures [Abstract]  
Product Warranty Product Warranty
Warranty and similar reserves for homes are established at an amount estimated to be adequate to cover potential costs for materials and labor with regard to warranty-type claims expected to be incurred subsequent to the delivery of a home. Reserves are determined based on historical data and trends with respect to similar product types and geographical areas. The activity in the Company’s warranty reserve, which is included in Homebuilding other liabilities, was as follows:
Three Months EndedSix Months Ended
May 31,May 31,
(In thousands)2022202120222021
Warranty reserve, beginning of the period$374,146 348,100 377,021 341,765 
Warranties issued67,815 51,690 117,007 94,618 
Adjustments to pre-existing warranties from changes in estimates (1)998 13,119 5,722 18,760 
Payments(64,969)(51,168)(121,760)(93,402)
Warranty reserve, end of period$377,990 361,741 377,990 361,741 
(1)The adjustments to pre-existing warranties from changes in estimates during the three or six months ended May 31, 2022 and 2021 primarily related to specific claims in certain of the Company's homebuilding communities and other adjustments.