Stockholders' Equity
 3 Months Ended
Feb. 28, 2022
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, 2022 and 2021:
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 
Three Months Ended February 28, 2021
(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, 2020$18,099,401 29,894 3,944 8,676,056 (1,279,227)(805)10,564,994 104,545 
Net earnings (including net earnings attributable to noncontrolling interests)1,016,909 — — — — — 1,001,369 15,540 
Employee stock and directors plans
(26,279)153 — (59)(26,373)— — — 
Purchases of treasury stock(43,110)— — — (43,110)— — — 
Amortization of restricted stock
48,818 — — 48,818 — — — — 
Cash dividends(77,843)— — — — — (77,843)— 
Receipts related to noncontrolling interests
8,896 — — — — — — 8,896 
Payments related to noncontrolling interests
(11,397)— — — — — — (11,397)
Non-cash purchase or activity of noncontrolling interests, net2,998 — — (623)— — — 3,621 
Total other comprehensive loss, net of tax(942)— — — — (942)— — 
Balance at February 28, 2021$19,017,451 30,047 3,944 8,724,192 (1,348,710)(1,747)11,488,520 121,205 
On February 10, 2022, 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, 2022, as declared by its Board of Directors on January 12, 2022. The Company approved and paid cash dividends of $0.250 per share for each of the four quarters of 2021 on both its Class A and Class B common stock.

In October 2021, the Company's Board of Directors authorized an increase to the Company's stock repurchase program to enable the Company to repurchase up to the lesser of an additional $1 billion in value or 25 million in shares, of its outstanding Class A or Class B common stock. As a result of prior authorizations being almost exhausted, in March 2022, the Company's Board of Directors approved an additional 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 following table represents the repurchases of the Company's Class A and Class B common stocks under the authorized repurchase programs for the three months ended February 28, 2022 and 2021:
Three Months Ended
February 28,
20222021
(Dollars in thousands, except price per share)Class AClass BClass AClass B
Shares repurchased4,616,000 652,000 510,000 — 
Total purchase price$472,924 $53,331 $43,100 $— 
Average price per share$102.45 $81.80 $84.51 $—