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Operating and Reporting Segments (Disclosure Of Assets and Liabilities) (Details) - USD ($)
$ in Thousands
Aug. 31, 2022
Nov. 30, 2021
Aug. 31, 2021
Segment Reporting Information [Line Items]      
Total assets [1] $ 35,339,877 $ 33,207,778  
Total liabilities [2] 12,212,339 12,211,496  
Equity securities without readily determinable fair values 178,000 100,100  
Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,504,045 2,921,744  
Restricted cash 47,285 33,939  
Receivables, net 1,380,457 1,296,848  
Inventories 23,272,432 19,169,397  
Loans held-for-sale 1,260,122 1,636,351  
Investments in equity securities 487,082 1,006,599  
Investments available-for-sale 35,163 41,654  
Loans and Leases Receivable, Net Amount 38,939 44,582  
Debt Securities, Held-to-maturity 151,015 157,808  
Investments in unconsolidated entities 2,148,647 1,972,383  
Goodwill 3,632,058 3,632,058  
Other assets 1,382,632 1,294,415  
Total assets 35,339,877 33,207,778  
Senior notes and other debts payable, net 5,562,092 6,378,364  
Accounts payable and other liabilities 6,650,247 5,833,132  
Total liabilities 12,212,339 12,211,496  
Homebuilding      
Segment Reporting Information [Line Items]      
Inventories [1] 22,842,509 18,715,304  
Investments in unconsolidated entities [1] 1,174,498 972,084  
Goodwill [1] 3,442,359 3,442,359  
Other assets [1] 1,163,519 1,090,654  
Total assets [1] 30,630,296 27,467,819  
Senior notes and other debts payable, net [2] 4,057,496 4,652,338  
Total liabilities [2] 10,108,448 9,870,242  
Homebuilding | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,309,364 [1] 2,735,213 [1] $ 2,623,320
Restricted cash 32,575 [1] 21,927 [1] 21,519
Receivables, net [1] 665,472 490,278  
Inventories 22,842,509 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 1,174,498 972,084  
Goodwill 3,442,359 3,442,359  
Other assets 1,163,519 1,090,654  
Total assets 30,630,296 27,467,819  
Senior notes and other debts payable, net 4,057,496 4,652,338  
Accounts payable and other liabilities 6,050,952 5,217,904  
Total liabilities 10,108,448 9,870,242  
Financial Services      
Segment Reporting Information [Line Items]      
Total assets [1] 2,523,970 2,964,367  
Total liabilities [2] 1,675,492 1,906,343  
Financial Services | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 143,630 167,021 137,021
Restricted cash 14,710 12,012 11,330
Receivables, net 606,672 708,165  
Inventories 0 0  
Loans held-for-sale 1,260,122 1,636,351  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans and Leases Receivable, Net Amount 38,939 44,582  
Debt Securities, Held-to-maturity 151,015 157,808  
Investments in unconsolidated entities 0 0  
Goodwill 189,699 189,699  
Other assets 119,183 48,729  
Total assets 2,523,970 2,964,367  
Senior notes and other debts payable, net 1,487,913 1,726,026  
Accounts payable and other liabilities 187,579 180,317  
Total liabilities 1,675,492 1,906,343  
Multifamily      
Segment Reporting Information [Line Items]      
Total assets [1] 1,267,908 1,311,747  
Total liabilities [2] 326,048 288,930  
Multifamily | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 40,870 16,850 15,302
Restricted cash 0 0  
Receivables, net 108,313 98,405  
Inventories 429,923 454,093  
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 631,513 654,029  
Goodwill 0 0  
Other assets 57,289 88,370  
Total assets 1,267,908 1,311,747  
Senior notes and other debts payable, net 16,683 0  
Accounts payable and other liabilities 309,365 288,930  
Total liabilities 326,048 288,930  
Lennar Other      
Segment Reporting Information [Line Items]      
Total assets [1] 917,703 1,463,845  
Total liabilities [2] 102,351 145,981  
Lennar Other | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 10,181 2,660 $ 3,498
Restricted cash 0 0  
Receivables, net 0 0  
Inventories 0 0  
Loans held-for-sale 0 0  
Investments in equity securities 487,082 1,006,599  
Investments available-for-sale 35,163 41,654  
Loans and Leases Receivable, Net Amount 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 342,636 346,270  
Goodwill 0 0  
Other assets 42,641 66,662  
Total assets 917,703 1,463,845  
Senior notes and other debts payable, net 0 0  
Accounts payable and other liabilities 102,351 145,981  
Total liabilities $ 102,351 $ 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 August 31, 2022, total assets include $1.4 billion related to consolidated VIEs of which $69.4 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $63.9 million in Homebuilding finished homes and construction in progress, $741.0 million in Homebuilding land and land under development, $420.9 million in Homebuilding consolidated inventory not owned, $1.0 million in Homebuilding investments in unconsolidated entities, $24.2 million in Homebuilding other assets, $29.4 million in Multifamily assets and $13.5 million in Lennar Other 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 August 31, 2022, total liabilities include $489.1 million related to consolidated VIEs as to which there was no recourse against the Company, of which $26.7 million is included in Homebuilding accounts payable, $413.5 million in Homebuilding liabilities related to consolidated inventory not owned, $29.3 million in Homebuilding senior notes and other debts payable, $9.7 million in Homebuilding other liabilities, $3.5 million in Multifamily liabilities and $6.3 million in Lennar Other 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.