Operating and Reporting Segments (Disclosure Of Assets and Liabilities) (Details) - USD ($)
$ in Thousands
Feb. 28, 2022
Nov. 30, 2021
Feb. 28, 2021
Segment Reporting Information [Line Items]      
Total assets [1] $ 32,635,252 $ 33,207,778  
Total liabilities [2] 11,787,820 12,211,496  
Equity securities without readily determinable fair values 168,200 100,100  
Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,571,825 2,921,744  
Restricted cash 33,749 33,939  
Receivables, net 916,385 1,296,848  
Inventories 20,988,209 19,169,397  
Loans held-for-sale 1,199,603 1,636,351  
Investments in equity securities 670,980 1,006,599  
Investments available-for-sale 34,760 41,654  
Loans and Leases Receivable, Net Amount 33,168 44,582  
Debt Securities, Held-to-maturity 156,587 157,808  
Investments in unconsolidated entities 2,061,263 1,972,383  
Goodwill 3,632,058 3,632,058  
Other assets 1,336,665 1,294,415  
Total assets 32,635,252 33,207,778  
Senior notes and other debts payable, net 5,853,512 6,378,364  
Other liabilities 5,934,308 5,833,132  
Total liabilities 11,787,820 12,211,496  
Homebuilding      
Segment Reporting Information [Line Items]      
Cash and cash equivalents [1] 1,366,597 2,735,213  
Restricted cash [1] 27,025 21,927  
Receivables, net [1] 456,185 490,278  
Inventories [1] 20,592,702 18,715,304  
Investments in unconsolidated entities [1] 1,066,256 972,084  
Goodwill [1] 3,442,359 3,442,359  
Other assets [1] 1,141,362 1,090,654  
Total assets [1] 28,092,486 27,467,819  
Senior notes and other debts payable, net [2] 4,639,222 4,652,338  
Total liabilities [2] 10,021,771 9,870,242  
Homebuilding | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,366,597 2,735,213 $ 2,421,411
Restricted cash 27,025 21,927 17,878
Receivables, net 456,185 490,278  
Inventories 20,592,702 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 1,066,256 972,084  
Goodwill 3,442,359 3,442,359  
Other assets 1,141,362 1,090,654  
Total assets 28,092,486 27,467,819  
Senior notes and other debts payable, net 4,639,222 4,652,338  
Other liabilities 5,382,549 5,217,904  
Total liabilities 10,021,771 9,870,242  
Financial Services      
Segment Reporting Information [Line Items]      
Total assets [1] 2,183,333 2,964,367  
Total liabilities [2] 1,334,145 1,906,343  
Financial Services | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 168,032 167,021 117,856
Restricted cash 6,724 12,012 8,521
Receivables, net 358,866 708,165  
Inventories 0 0  
Loans held-for-sale 1,199,603 1,636,351  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans and Leases Receivable, Net Amount 33,168 44,582  
Debt Securities, Held-to-maturity 156,587 157,808  
Investments in unconsolidated entities 0 0  
Goodwill 189,699 189,699  
Other assets 70,654 48,729  
Total assets 2,183,333 2,964,367  
Senior notes and other debts payable, net 1,197,360 1,726,026  
Other liabilities 136,785 180,317  
Total liabilities 1,334,145 1,906,343  
Multifamily      
Segment Reporting Information [Line Items]      
Total assets [1] 1,250,570 1,311,747  
Total liabilities [2] 311,775 288,930  
Multifamily | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 34,439 16,850 25,644
Restricted cash 0 0  
Receivables, net 101,334 98,405  
Inventories 395,507 454,093  
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 661,252 654,029  
Goodwill 0 0  
Other assets 58,038 88,370  
Total assets 1,250,570 1,311,747  
Senior notes and other debts payable, net 16,930 0  
Other liabilities 294,845 288,930  
Total liabilities 311,775 288,930  
Lennar Other      
Segment Reporting Information [Line Items]      
Total assets [1] 1,108,863 1,463,845  
Total liabilities [2] 120,129 145,981  
Lennar Other | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 2,757 2,660 $ 3,888
Restricted cash 0 0  
Receivables, net 0 0  
Inventories 0 0  
Loans held-for-sale 0 0  
Investments in equity securities 670,980 1,006,599  
Investments available-for-sale 34,760 41,654  
Loans and Leases Receivable, Net Amount 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 333,755 346,270  
Goodwill 0 0  
Other assets 66,611 66,662  
Total assets 1,108,863 1,463,845  
Senior notes and other debts payable, net 0 0  
Other liabilities 120,129 145,981  
Total liabilities $ 120,129 $ 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 February 28, 2022, total assets include $1.1 billion related to consolidated VIEs of which $66.9 million is included in Homebuilding cash and cash equivalents, $0.3 million in Homebuilding receivables, net, $703.4 million in Homebuilding land and land under development, $218.3 million in Homebuilding consolidated inventory not owned, $1.1 million in Homebuilding investments in unconsolidated entities, $22.1 million in Homebuilding other assets and $59.4 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 February 28, 2022, total liabilities include $236.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $23.8 million is included in Homebuilding accounts payable, $182.7 million in Homebuilding liabilities related to consolidated inventory not owned, $18.4 million in Homebuilding senior notes and other debts payable, $7.8 million in Homebuilding other liabilities and $3.8 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.