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Stockholders' Equity
 3 Months Ended
Feb. 28, 2023
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
The following tables reflect the changes in equity attributable to both Lennar Corporation and the noncontrolling interests of its consolidated subsidiaries in which it has less than a 100% ownership interest for the three months ended February 28, 2023 and 2022:
Three Months Ended February 28, 2023
(In thousands)Total
Equity		Class A
Common Stock		Class B
Common Stock		Additional
Paid - in Capital		Treasury
Stock		Accumulated Other Comprehensive IncomeRetained
Earnings		Noncontrolling
Interests
Balance at November 30, 2022$24,240,367 25,608 3,660 5,417,796 (210,389)2,408 18,861,417 139,867 
Net earnings (including net earnings attributable to noncontrolling interests)599,308 — — — — — 596,534 2,774 
Employee stock and directors plans
(66,990)226 — (189)(67,027)— — — 
Purchases of treasury stock(190,931)— — — (190,931)— — — 
Amortization of restricted stock
86,558 — — 86,558 — — — — 
Cash dividends(107,891)— — — — — (107,891)— 
Receipts related to noncontrolling interests
2,497 — — — — — — 2,497 
Payments related to noncontrolling interests
(21,256)— — — — — — (21,256)
Non-cash purchase or activity of noncontrolling interests, net12,774 — — (376)— — — 13,150 
Total other comprehensive income, net of tax851 — — — — 851 — — 
Balance at February 28, 2023$24,555,287 25,834 3,660 5,503,789 (468,347)3,259 19,350,060 137,032 
Three Months Ended February 28, 2022
(In thousands)Total
Equity		Class A
Common Stock		Class B
Common Stock		Additional
Paid - in Capital		Treasury
Stock		Accumulated Other Comprehensive Income (Loss)Retained
Earnings		Noncontrolling
Interests
Balance at November 30, 2021$20,996,282 30,050 3,944 8,807,891 (2,709,448)(1,341)14,685,329 179,857 
Net earnings (including net earnings attributable to noncontrolling interests)509,315 — — — — — 503,581 5,734 
Employee stock and directors plans
(54,886)193 — (140)(54,939)— — — 
Purchases of treasury stock(526,361)— — — (526,361)— — — 
Amortization of restricted stock
81,457 — — 81,457 — — — — 
Cash dividends(110,122)— — — — — (110,122)— 
Receipts related to noncontrolling interests
6,984 — — — — — — 6,984 
Payments related to noncontrolling interests
(59,388)— — — — — — (59,388)
Non-cash purchase or activity of noncontrolling interests, net1,124 — — (34,057)— — — 35,181 
Total other comprehensive income, net of tax3,027 — — — — 3,027 — — 
Balance at February 28, 2022$20,847,432 30,243 3,944 8,855,151 (3,290,748)1,686 15,078,788 168,368 
On February 10, 2023, the Company paid cash dividends of $0.375 per share on both its Class A and Class B common stock to holders of record at the close of business on January 27, 2023, as declared by its Board of Directors on January 12, 2023. The Company approved and paid cash dividends of $0.375 per share for each of the four quarters of 2022 on both its Class A and Class B common stock.
In March 2022, the Company's Board of Directors approved an authorization for the Company to repurchase up to the lesser of $2 billion in value, or 30 million in shares, of its outstanding Class A or Class B common stock. The repurchase authorization has no expiration date. The authorization was in addition to what was remaining of the October 2021 stock repurchase program. The following table represents the repurchases of the Company's Class A and Class B common stock under the authorized repurchase programs:
Three Months Ended
February 28,
20232022
(Dollars in thousands, except price per share)Class AClass BClass AClass B
Shares repurchased1,446,205 553,795 4,616,000 652,000 
Total purchase price$143,068 $46,105 $472,924 $53,331 
Average price per share$98.93 $83.25 $102.45 $81.80