Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		May 31, 2024	Nov. 30, 2023
Inventories:
Total assets	[1]	$ 38,667,670	$ 39,234,303
Stockholders' equity:
Preferred stock	[2]	0	0
Additional paid-in capital	[2]	5,674,733	5,570,009
Retained earnings	[2]	23,764,695	22,369,368
Treasury stock at cost	[2]	(2,597,806)	(1,393,100)
Accumulated other comprehensive income	[2]	6,596	4,879
Total stockholders’ equity	[2]	26,877,874	26,580,664
Noncontrolling interests	[2]	137,879	121,302
Total equity	[2]	27,015,753	26,701,966
Total liabilities	[2]	11,651,917	12,532,337
Total liabilities and equity	[2]	38,667,670	39,234,303
Common Class A
Stockholders' equity:
Common stock	[2]	25,996	25,848
Common Class B
Stockholders' equity:
Common stock	[2]	3,660	3,660
Homebuilding
ASSETS
Cash and cash equivalents	[1]	3,597,493	6,273,724
Restricted cash	[1]	11,572	13,481
Receivables, net	[1]	898,301	887,992
Inventories:
Finished homes and construction in progress	[1]	11,729,673	10,455,666
Land and land under development	[1]	4,418,285	4,904,541
Inventory owned		16,147,958	15,360,207
Consolidated inventory not owned	[1]	3,753,542	2,992,528
Inventory owned and consolidated inventory not owned	[1]	19,901,500	18,352,735
Deposits and pre-acquisition costs on real estate		2,754,819	2,002,154
Investments in unconsolidated entities	[1]	1,263,905	1,143,909
Goodwill	[1]	3,442,359	3,442,359
Other assets	[1]	1,540,507	1,512,038
Total assets	[1]	33,410,456	33,628,392
LIABILITIES AND EQUITY
Accounts payable	[2]	1,727,358	1,631,401
Liabilities related to consolidated inventory not owned	[2]	3,227,478	2,540,894
Senior notes and other debt payable, net	[2]	2,241,507	2,816,482
Other liabilities	[2]	2,513,173	2,739,217
Stockholders' equity:
Total liabilities	[2]	9,709,516	9,727,994
Lennar Financial Services
Inventories:
Total assets	[1]	3,043,941	3,566,546
Stockholders' equity:
Total liabilities	[2]	1,583,363	2,447,039
Multifamily
Inventories:
Total assets	[1]	1,377,243	1,381,513
Stockholders' equity:
Total liabilities	[2]	246,776	278,177
Lennar Other
Inventories:
Total assets	[1]	836,030	657,852
Stockholders' equity:
Total liabilities	[2]	112,262	79,127
Operating Segments
ASSETS
Cash and cash equivalents		3,872,016	6,474,497
Restricted cash		49,368	96,441
Receivables, net		1,552,342	1,696,205
Inventories:
Inventory owned and consolidated inventory not owned		20,509,714	18,897,670
Deposits and pre-acquisition costs on real estate		2,784,621	2,034,217
Investments in unconsolidated entities		2,176,371	2,020,005
Goodwill		3,632,058	3,632,058
Other assets		1,838,872	1,765,066
LIABILITIES AND EQUITY
Senior notes and other debt payable, net		3,651,609	4,984,028
Operating Segments | Homebuilding
ASSETS
Cash and cash equivalents		3,597,493	6,273,724
Restricted cash		11,572	13,481
Receivables, net		898,301	887,992
Inventories:
Inventory owned and consolidated inventory not owned		19,901,500	18,352,735
Deposits and pre-acquisition costs on real estate		2,754,819	2,002,154
Investments in unconsolidated entities		1,263,905	1,143,909
Goodwill		3,442,359	3,442,359
Other assets		1,540,507	1,512,038
Total assets		33,410,456	33,628,392
LIABILITIES AND EQUITY
Senior notes and other debt payable, net		2,241,507	2,816,482
Stockholders' equity:
Total liabilities		9,709,516	9,727,994
Operating Segments | Lennar Financial Services
ASSETS
Cash and cash equivalents		245,784	159,491
Restricted cash		37,796	82,960
Receivables, net		567,748	716,071
Inventories:
Inventory owned and consolidated inventory not owned		0	0
Deposits and pre-acquisition costs on real estate		0	0
Investments in unconsolidated entities		0	0
Goodwill		189,699	189,699
Other assets		88,223	135,377
Total assets		3,043,941	3,566,546
LIABILITIES AND EQUITY
Senior notes and other debt payable, net		1,410,102	2,163,805
Stockholders' equity:
Total liabilities		1,583,363	2,447,039
Operating Segments | Multifamily
ASSETS
Cash and cash equivalents		11,555	39,334
Restricted cash		0	0
Receivables, net		86,293	92,142
Inventories:
Inventory owned and consolidated inventory not owned		608,214	544,935
Deposits and pre-acquisition costs on real estate		29,802	32,063
Investments in unconsolidated entities		561,892	599,852
Goodwill		0	0
Other assets		79,487	73,187
Total assets		1,377,243	1,381,513
LIABILITIES AND EQUITY
Senior notes and other debt payable, net		0	3,741
Stockholders' equity:
Total liabilities		246,776	278,177
Operating Segments | Lennar Other
ASSETS
Cash and cash equivalents		17,184	1,948
Restricted cash		0	0
Receivables, net		0	0
Inventories:
Inventory owned and consolidated inventory not owned		0	0
Deposits and pre-acquisition costs on real estate		0	0
Investments in unconsolidated entities		350,574	276,244
Goodwill		0	0
Other assets		130,655	44,464
Total assets		836,030	657,852
LIABILITIES AND EQUITY
Senior notes and other debt payable, net		0	0
Stockholders' equity:
Total liabilities		$ 112,262	$ 79,127

[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, 2024, total assets include $3.0 billion related to consolidated VIEs of which $73.0 million is included in Homebuilding cash and cash equivalents, $5.9 million in Homebuilding receivables, net, $6.2 million in Homebuilding finished homes and construction in progress, $601.1 million in Homebuilding land and land under development, $75.5 million in Homebuilding deposits and pre-acquisition costs on real estate, $2.2 billion in Homebuilding consolidated inventory not owned, $0.3 million in Homebuilding investments in unconsolidated entities, $22.5 million in Homebuilding other assets and $33.6 million in Multifamily assets. As of November 30, 2023, total assets include $1.9 billion related to consolidated VIEs of which $22.8 million is included in Homebuilding cash and cash equivalents, $1.8 million in Homebuilding receivables, net, $18.3 million in Homebuilding finished homes and construction in progress, $628.0 million in Homebuilding land and land under development, $55.0 million in Homebuilding deposits and pre-acquisition costs on real estate, $1.2 billion in Homebuilding consolidated inventory not owned, $0.3 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets and $32.6 million in Multifamily assets.

[2] As of May 31, 2024, total liabilities include $2.1 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $56.1 million is included in Homebuilding accounts payable, $2.0 billion in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debt payable, $46.7 million in Homebuilding other liabilities, and $0.9 million in Multifamily liabilities. As of November 30, 2023, total liabilities include $1.2 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $53.7 million is included in Homebuilding accounts payable, $1.1 billion in Homebuilding liabilities related to consolidated inventory not owned, $38.1 million in Homebuilding other liabilities, and $4.1 million in Multifamily liabilities.