Company: LEN
Filing Date: 2025-01-23
Form Type: 10-K
Source: 0001628280-25-002404
Chunk: 134

Company: LENNAR CORP /NEW/
Filing Date: 2025-01-23
Form: 10-K
Item: Item 16
Chunk 134
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    DACONA SMITHDate:January 23, 2025Jeffrey Sonnenfeld/S/    JEFFREY SONNENFELD        Date:January 23, 2025Serena Wolfe/S/    SERENA WOLFEDate:January 23, 2025

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LENNAR CORPORATION AND SUBSIDIARIES

Schedule II—Valuation and Qualifying AccountsYears Ended November 30, 2024, 2023 and 2022 Additions(In thousands)BeginningbalanceCharged to costs and expensesCharged (credited) to other accountsDeductionsEndingbalanceYear ended November 30, 2024Allowances deducted from assets to which they apply:Allowance for credit losses against notes and other receivables$2,374 677 (652)— 2,399 Allowance for loan losses against loans receivable$15,414 174 — (3,650)11,938 Allowance against net deferred tax assets$2,333 268 — (8)2,593 Year ended November 30, 2023Allowances deducted from assets to which they apply:Allowance for credit losses against notes and other receivables$2,179 274 (79)— 2,374 Allowance for loan losses against loans receivable$11,130 5,419 — (1,135)15,414 Allowance against net deferred tax assets$2,903 89 — (659)2,333 Year ended November 30, 2022Allowances deducted from assets to which they apply:Allowance for credit losses against notes and other receivables$2,531 145 (497)— 2,179 Allowance for loan losses against loans receivable$2,091 9,127 — (88)11,130 Allowance against net deferred tax assets$2,693 784 — (574)2,903 

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