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Homebuilding Senior Notes and Other Debts Payable (Narrative) (Details) - USD ($)
Aug. 31, 2021
Nov. 30, 2020
Debt Instrument [Line Items]    
Senior notes and other debts payable, net $ 6,650,866,000 $ 7,421,583,000
Homebuilding    
Debt Instrument [Line Items]    
Senior notes and other debts payable, net [1] 5,542,513,000 5,955,758,000
Homebuilding | Unsecured revolving credit facility | Credit Agreement    
Debt Instrument [Line Items]    
Maximum borrowings 2,500,000,000  
Accordion feature 300,000,000  
Maximum borrowing capacity after accordion feature 2,800,000,000  
Homebuilding | Letter of Credit | Credit Agreement    
Debt Instrument [Line Items]    
Maximum borrowings 500,000,000  
Homebuilding | Senior Notes    
Debt Instrument [Line Items]    
Debt issuance cost $ 12,400,000 $ 15,900,000
[1] Under certain provisions of ASC 810, the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated VIEs and liabilities of consolidated VIEs as to which neither Lennar Corporation, nor any of its subsidiaries, has any obligations.
As of August 31, 2021, total liabilities include $320.6 million related to consolidated VIEs as to which there was no recourse against the Company, of which $25.4 million is included in Homebuilding accounts payable, $232.8 million in Homebuilding liabilities related to consolidated inventory not owned, $50.0 million in Homebuilding senior notes and other debts payable and $12.5 million in Homebuilding other liabilities.
As of November 30, 2020, total liabilities include $528.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $28.4 million is included in Homebuilding accounts payable, $351.4 million in Homebuilding liabilities related to consolidated inventory not owned, $129.1 million in Homebuilding senior notes and other debt payable, $9.9 million in Homebuilding other liabilities and $9.8 million in Multifamily liabilities.