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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Costs and expenses:      
Equity in earnings (loss) from unconsolidated entities $ (36,302) $ 48,993 $ (22,127)
Earnings before income taxes 6,014,566 5,819,058 3,123,788
Provision for income taxes (1,366,065) (1,362,509) (656,235)
Net earnings (including net earnings attributable to noncontrolling interests) 4,648,501 4,456,549 2,467,553
Less: Net earnings attributable to noncontrolling interests 34,376 26,438 2,517
Net earnings attributable to Lennar 4,614,125 4,430,111 2,465,036
Other comprehensive income (loss), net of tax:      
Net unrealized gain (loss) on securities available-for-sale 1,464 (536) (851)
Reclassification adjustments for gains included in net earnings 2,285 0 (452)
Total other comprehensive income (loss), net of tax 3,749 (536) (1,303)
Total comprehensive income attributable to Lennar 4,617,874 4,429,575 2,463,733
Total comprehensive income attributable to noncontrolling interests $ 34,376 $ 26,438 $ 2,517
Basic earnings per share (in USD per share) $ 15.74 $ 14.28 $ 7.88
Diluted earnings per share (in USD per share) $ 15.72 $ 14.27 $ 7.85
Operating Segments And Corporate Non Segment      
Costs and expenses:      
Total costs and expenses $ 26,949,763 $ 22,052,243 $ 19,373,164
Earnings before income taxes 6,014,566 5,819,058 3,123,788
Operating Segments      
Revenues:      
Total revenues 33,671,010 27,130,676 22,488,854
Corporate and unallocated      
Costs and expenses:      
Corporate general and administrative 414,498 398,381 333,446
Contribution Expense 66,399 59,825 24,972
Earnings before income taxes (480,897) (458,206) (358,418)
Homebuilding | Operating Segments      
Revenues:      
Total revenues 31,951,335 25,545,242 20,981,136
Costs and expenses:      
Costs and expenses 25,161,299 20,502,541 17,961,644
Equity in earnings (loss) from unconsolidated entities (17,235) (14,205) (836)
Other income (expense), net 4,516 3,266 (29,749)
Earnings before income taxes 6,777,317 5,031,762 2,988,907
Financial Services | Operating Segments      
Revenues:      
Total revenues 809,680 898,745 890,311
Costs and expenses:      
Costs and expenses 426,378 407,731 470,777
Financial Services gain on deconsolidation 0 0 61,418
Earnings before income taxes 383,302 491,014 480,952
Multifamily | Operating Segments      
Revenues:      
Total revenues 865,603 665,232 576,328
Costs and expenses:      
Costs and expenses 848,931 652,810 575,581
Multifamily equity in earnings from unconsolidated entities and other gain 52,821 9,031 21,934
Earnings before income taxes 69,493 21,453 22,681
Lennar Other      
Costs and expenses:      
Lennar Other unrealized gain (loss) from technology investments (655,094) 510,802  
Lennar Other | Operating Segments      
Revenues:      
Total revenues 44,392 21,457 41,079
Costs and expenses:      
Costs and expenses 32,258 30,955 6,744
Lennar Other equity in earnings (loss) from unconsolidated entities, other income (expense), net, and other gain (loss) (91,689) 231,731 (44,669)
Lennar Other unrealized gain (loss) from technology investments (655,094) 510,802 0
Earnings before income taxes $ (734,649) $ 733,035 $ (10,334)