Company: LEN
Filing Date: 2025-01-23
Form Type: 10-K
Source: 0001628280-25-002404
Chunk: 49

Company: LENNAR CORP /NEW/
Filing Date: 2025-01-23
Form: 10-K
Item: Item 8
Chunk 49
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,039 3,087,381 2,047,437 10,068,857 $7,232,708 6,133,294 2,457,506 15,823,508 (In thousands)At November 30, 2023Assets:HomebuildingMultifamilyLennar OtherTotalCash and cash equivalents$460,851 67,755 121,110 649,716 Loans receivable— — 27,102 27,102 Real estate owned— — 102,398 102,398 Investment securities— — 2,267,270 2,267,270 Investments in partnerships— — 108,532 108,532 Inventories5,267,619 — — 5,267,619 Operating properties and equipment33,151 7,528,024 — 7,561,175 Other assets1,223,438 861,321 169,858 2,254,617 $6,985,059 8,457,100 2,796,270 18,238,429 Liabilities and equity:Accounts payable and other liabilities$782,802 253,531 146,593 1,182,926 Debt (1)1,412,958 4,890,267 332,124 6,635,349 Equity4,789,299 3,313,302 2,317,553 10,420,154 $6,985,059 8,457,100 2,796,270 18,238,429 (1)Debt noted above is net of debt issuance costs. As of November 30, 2024 and 2023, this includes $3.2 million and $13.0 million, respectively, for Homebuilding, $16.1 million and $19.5 million, respectively, for Multifamily and an immaterial amount of debt issuance costs for Lennar Other.Statements of Operations(In thousands)Years Ended:Revenues Costs and expensesOther income (expense), net (1) Net earnings (losses) of unconsolidated entitiesEquity in earnings (losses) from unconsolidated entitiesNovember 30, 2024$1,719,012 1,841,128 608,145 486,029 164,