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Operating and Reporting Segments (Disclosure Of Assets and Liabilities) (Details) - USD ($)
$ in Thousands
May 31, 2023
Nov. 30, 2022
May 31, 2022
Segment Reporting Information [Line Items]      
Total assets [1] $ 36,857,687 $ 37,984,295  
Total liabilities [2] 11,696,568 13,743,928  
Equity securities without readily determinable fair values 185,000 178,000  
Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 4,287,731 4,778,720  
Restricted cash 28,113 37,050  
Receivables, net 1,090,133 1,614,277  
Inventories 22,166,632 21,862,453  
Loans held-for-sale 1,175,280 1,776,311  
Investments in equity securities 412,593 391,026  
Investments available-for-sale 36,906 35,482  
Loans held-for-investment, net 36,717 45,636  
Debt Securities, Held-to-maturity 141,360 143,251  
Investments in unconsolidated entities 2,058,924 2,137,813  
Goodwill 3,632,058 3,632,058  
Other assets 1,791,240 1,530,218  
Total assets 36,857,687 37,984,295  
Senior notes and other debts payable, net 5,026,210 6,199,136  
Accounts payable and other liabilities 6,670,358 7,544,792  
Total liabilities 11,696,568 13,743,928  
Homebuilding      
Segment Reporting Information [Line Items]      
Inventories [1] 21,686,820 21,432,011  
Investments in unconsolidated entities [1] 1,137,189 1,173,164  
Goodwill [1] 3,442,359 3,442,359  
Other assets [1] 1,582,299 1,323,478  
Total assets [1] 32,492,066 32,684,162  
Senior notes and other debts payable, net [2] 3,852,258 4,047,294  
Total liabilities [2] 10,000,697 10,978,646  
Homebuilding | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 4,004,679 [1] 4,616,124 [1] $ 1,314,741
Restricted cash 19,000 [1] 23,046 [1] 28,440
Receivables, net [1] 619,720 673,980  
Inventories 21,686,820 21,432,011  
Loans held-for-sale 0 0  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans held-for-investment, net 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 1,137,189 1,173,164  
Goodwill 3,442,359 3,442,359  
Other assets 1,582,299 1,323,478  
Total assets 32,492,066 32,684,162  
Senior notes and other debts payable, net 3,852,258 4,047,294  
Accounts payable and other liabilities 6,148,439 6,931,352  
Total liabilities 10,000,697 10,978,646  
Lennar Financial Services      
Segment Reporting Information [Line Items]      
Total assets [1] 2,264,658 3,254,257  
Total liabilities [2] 1,311,928 2,353,904  
Lennar Financial Services | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 259,738 139,378 138,662
Restricted cash 9,113 14,004 8,225
Receivables, net 354,548 826,163  
Inventories 0 0  
Loans held-for-sale 1,175,280 1,776,311  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans held-for-investment, net 36,717 45,636  
Debt Securities, Held-to-maturity 141,360 143,251  
Investments in unconsolidated entities 0 0  
Goodwill 189,699 189,699  
Other assets 98,203 119,815  
Total assets 2,264,658 3,254,257  
Senior notes and other debts payable, net 1,157,040 2,135,093  
Accounts payable and other liabilities 154,888 218,811  
Total liabilities 1,311,928 2,353,904  
Lennar Multifamily [Member]      
Segment Reporting Information [Line Items]      
Total assets [1] 1,309,548 1,257,337  
Total liabilities [2] 298,523 313,484  
Lennar Multifamily [Member] | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 18,539 17,827 61,190
Restricted cash 0 0  
Receivables, net 115,865 114,134  
Inventories 479,812 430,442  
Loans held-for-sale 0 0  
Investments in equity securities 0 0  
Investments available-for-sale 0 0  
Loans held-for-investment, net 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 629,649 648,126  
Goodwill 0 0  
Other assets 65,683 46,808  
Total assets 1,309,548 1,257,337  
Senior notes and other debts payable, net 16,912 16,749  
Accounts payable and other liabilities 281,611 296,735  
Total liabilities 298,523 313,484  
Lennar Other      
Segment Reporting Information [Line Items]      
Total assets [1] 791,415 788,539  
Total liabilities [2] 85,420 97,894  
Lennar Other | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 4,775 5,391 $ 2,151
Restricted cash 0 0  
Receivables, net 0 0  
Inventories 0 0  
Loans held-for-sale 0 0  
Investments in equity securities 412,593 391,026  
Investments available-for-sale 36,906 35,482  
Loans held-for-investment, net 0 0  
Debt Securities, Held-to-maturity 0 0  
Investments in unconsolidated entities 292,086 316,523  
Goodwill 0 0  
Other assets 45,055 40,117  
Total assets 791,415 788,539  
Senior notes and other debts payable, net 0 0  
Accounts payable and other liabilities 85,420 97,894  
Total liabilities $ 85,420 $ 97,894  
[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, 2023, total assets include $1.6 billion related to consolidated VIEs of which $30.6 million is included in Homebuilding cash and cash equivalents, $0.3 million in Homebuilding receivables, net, $59.0 million in Homebuilding finished homes and construction in progress, $779.1 million in Homebuilding land and land under development, $622.4 million in Homebuilding consolidated inventory not owned, $0.5 million in Homebuilding investments in unconsolidated entities, $23.5 million in Homebuilding other assets, $34.4 million in Multifamily assets and $6.9 million in Lennar Other assets.
As of November 30, 2022, total assets include $1.4 billion related to consolidated VIEs of which $56.9 million is included in Homebuilding cash and cash equivalents, $0.3 million in Homebuilding receivables, net, $29.4 million in Homebuilding finished homes and construction in progress, $736.5 million in Homebuilding land and land under development, $533.8 million in Homebuilding consolidated inventory not owned, $1.0 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets, $33.2 million in Multifamily assets and $9.0 million in Lennar Other assets.
[2] As of May 31, 2023, total liabilities include $715.3 million related to consolidated VIEs as to which there was no recourse against the Company, of which $85.6 million is included in Homebuilding accounts payable, $597.9 million in Homebuilding liabilities related to consolidated inventory not owned, $25.9 million in Homebuilding senior notes and other debts payable, $3.9 million in Multifamily liabilities and $2.0 million in Lennar Other liabilities.As of November 30, 2022, total liabilities include $620.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $66.9 million is included in Homebuilding accounts payable, $510.9 million in Homebuilding liabilities related to consolidated inventory not owned, $29.4 million in Homebuilding senior notes and other debt payable, $7.2 million in Homebuilding other liabilities, $3.8 million in Multifamily liabilities and $2.2 million in Lennar Other liabilities.