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Operating and Reporting Segments (Disclosure Of Assets and Liabilities) (Details) - USD ($)
$ in Thousands
May 31, 2022
Nov. 30, 2021
May 31, 2021
Segment Reporting Information [Line Items]      
Total assets [1] $ 34,306,202 $ 33,207,778  
Total liabilities [2] 12,516,428 12,211,496  
Equity securities without readily determinable fair values 176,200 100,100  
Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,516,744 2,921,744  
Restricted cash 36,665 33,939  
Receivables, net 1,112,015 1,296,848  
Inventories 22,489,921 19,169,397  
Loans held-for-sale 1,272,111 1,636,351  
Investments in equity securities 576,649 1,006,599  
Investments available-for-sale 34,822 41,654  
Loans and Leases Receivable, Net Amount 28,231 44,582  
Debt Securities, Held-to-maturity 155,820 157,808  
Investments in unconsolidated entities 2,047,682 1,972,383  
Goodwill 3,632,058 3,632,058  
Other assets 1,403,484 1,294,415  
Total assets 34,306,202 33,207,778  
Senior notes and other debts payable, net 5,984,387 6,378,364  
Accounts payable and other liabilities 6,532,041 5,833,132  
Total liabilities 12,516,428 12,211,496  
Homebuilding      
Segment Reporting Information [Line Items]      
Cash and cash equivalents [1] 1,314,741 2,735,213  
Restricted cash [1] 28,440 21,927  
Receivables, net [1] 508,638 490,278  
Inventories [1] 22,089,499 18,715,304  
Investments in unconsolidated entities [1] 1,083,813 972,084  
Goodwill [1] 3,442,359 3,442,359  
Other assets [1] 1,226,192 1,090,654  
Total assets [1] 29,693,682 27,467,819  
Senior notes and other debts payable, net [2] 4,645,791 4,652,338  
Total liabilities [2] 10,613,212 9,870,242  
Homebuilding | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,314,741 2,735,213 $ 2,581,583
Restricted cash 28,440 21,927 35,637
Receivables, net 508,638 490,278  
Inventories 22,089,499 18,715,304  
Loans held-for-sale 0 0  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans and Leases Receivable, Net Amount 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 1,083,813 972,084  
Goodwill 3,442,359 3,442,359  
Other assets 1,226,192 1,090,654  
Total assets 29,693,682 27,467,819  
Senior notes and other debts payable, net 4,645,791 4,652,338  
Accounts payable and other liabilities 5,967,421 5,217,904  
Total liabilities 10,613,212 9,870,242  
Financial Services      
Segment Reporting Information [Line Items]      
Total assets [1] 2,359,675 2,964,367  
Total liabilities [2] 1,470,688 1,906,343  
Financial Services | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 138,662 167,021 130,528
Restricted cash 8,225 12,012 9,728
Receivables, net 492,268 708,165  
Inventories 0 0  
Loans held-for-sale 1,272,111 1,636,351  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans and Leases Receivable, Net Amount 28,231 44,582  
Debt Securities, Held-to-maturity 155,820 157,808  
Investments in unconsolidated entities 0 0  
Goodwill 189,699 189,699  
Other assets 74,659 48,729  
Total assets 2,359,675 2,964,367  
Senior notes and other debts payable, net 1,321,965 1,726,026  
Accounts payable and other liabilities 148,723 180,317  
Total liabilities 1,470,688 1,906,343  
Multifamily      
Segment Reporting Information [Line Items]      
Total assets [1] 1,277,607 1,311,747  
Total liabilities [2] 323,799 288,930  
Multifamily | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 61,190 16,850 22,395
Restricted cash 0 0  
Receivables, net 111,109 98,405  
Inventories 400,422 454,093  
Loans held-for-sale 0 0  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans and Leases Receivable, Net Amount 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 638,559 654,029  
Goodwill 0 0  
Other assets 66,327 88,370  
Total assets 1,277,607 1,311,747  
Senior notes and other debts payable, net 16,631 0  
Accounts payable and other liabilities 307,168 288,930  
Total liabilities 323,799 288,930  
Lennar Other      
Segment Reporting Information [Line Items]      
Total assets [1] 975,238 1,463,845  
Total liabilities [2] 108,729 145,981  
Lennar Other | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 2,151 2,660 $ 3,074
Restricted cash 0 0  
Receivables, net 0 0  
Inventories 0 0  
Loans held-for-sale 0 0  
Investments in equity securities 576,649 1,006,599  
Investments available-for-sale 34,822 41,654  
Loans and Leases Receivable, Net Amount 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 325,310 346,270  
Goodwill 0 0  
Other assets 36,306 66,662  
Total assets 975,238 1,463,845  
Senior notes and other debts payable, net 0 0  
Accounts payable and other liabilities 108,729 145,981  
Total liabilities $ 108,729 $ 145,981  
[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, nor any of its subsidiaries, has any obligations.
As of May 31, 2022, total assets include $1.6 billion related to consolidated VIEs of which $73.9 million is included in Homebuilding cash and cash equivalents, $0.6 million in Homebuilding receivables, net, $37.2 million in Homebuilding finished homes and construction in progress, $837.6 million in Homebuilding land and land under development, $591.2 million in Homebuilding consolidated inventory not owned, $1.0 million in Homebuilding investments in unconsolidated entities, $22.9 million in Homebuilding other assets and $34.7 million in Multifamily assets.
As of November 30, 2021, total assets include $1.1 billion related to consolidated VIEs of which $60.9 million is included in Homebuilding cash and cash equivalents, $4.4 million in Homebuilding receivables, net, $14.3 million in Homebuilding finished homes and construction in progress, $697.1 million in Homebuilding land and land under development, $239.2 million in Homebuilding consolidated inventory not owned, $1.1 million in Homebuilding investments in unconsolidated entities, $17.4 million in Homebuilding other assets and $80.6 million in Multifamily assets.
[2] As of May 31, 2022, total liabilities include $571.2 million related to consolidated VIEs as to which there was no recourse against the Company, of which $24.2 million is included in Homebuilding accounts payable, $507.4 million in Homebuilding liabilities related to consolidated inventory not owned, $29.3 million in Homebuilding senior notes and other debts payable, $7.0 million in Homebuilding other liabilities and $3.4 million in Multifamily liabilities.As of November 30, 2021, total liabilities include $258.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $26.6 million is included in Homebuilding accounts payable, $196.6 million in Homebuilding liabilities related to consolidated inventory not owned, $20.1 million in Homebuilding senior notes and other debt payable, $12.3 million in Homebuilding other liabilities and $2.8 million in Multifamily liabilities.