LENNAR CORP /NEW/ LEN Cash Flow

Lennar corp /new/ (LEN)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
391,223	671,183	512,643	418,869	239,424	798,227	467,620	314,849	136,817	297,782	243,590	200,708	29,674	310,470	233,131	224,038	145,452	292,662	225,037	184,584	116,917	252,671	173,440	122,617	79,965	183,016	122,154	142,798	56,958	123,520	71,411	454,424	7,977	25,471	23,500	24,847	38,726	42,518	38,830	46,584	-7,473
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization
20,414	28,378	22,836	22,624	18,362	24,467	25,284	21,860	19,570	19,417	17,489	17,675	11,743	14,434	13,033	12,675	10,077	13,216	11,544	10,600	8,306	11,381	10,516	8,806	7,839	8,666	7,944	7,406	6,333	7,713	7,877	4,861	7,630	9,179	4,670	3,884	3,767	3,794	3,376	3,446	2,904
Amortization of discount/premium and accretion on debt, net
-6,943	-6,369	-6,506	-6,287	-7,048	-5,794	-5,766	-12,024	40	4,233	2,020	1,927	3,132	2,718	3,847	3,277	4,777	4,767	5,479	4,211	5,417	5,247	5,563	5,271	5,306	5,856	6,373	5,728	5,540	5,343	5,357	5,379	5,371	8,023	4,218	4,339	4,061	3,392	1,989	797	382
Income (Loss) from Equity Method Investments
-2,572	-9,707	18,143	-198	-5,710	-22,403	-4,375	-1,309	-2,431	36,640	6,852	-6,349	12,335	26,781	-6,998	11,239	24,183	34,505	25,894	13,400	31,385	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Equity Method Investment, Distribution
36,922	3,578	5,138	548	3,489	22,665	71,746	15,143	3,542	77,742	15,515	12,463	31,949	49,178	9,047	16,533	27,207	17,410	8,609	4,820	29,914	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
31,855	21,502	34,048	14,491	16,899	17,017	21,918	15,954	17,766	18,053	18,486	12,312	12,505	20,888	12,362	11,124	11,142	11,674	11,549	10,399	10,251	12,128	11,299	8,550	8,741	10,162	10,333	6,708	6,486	7,564	8,249	7,771	8,161	7,827	4,714	4,776	6,730	11,080	5,356	5,341	6,298
Tax benefit from share-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,271	-3,164	-20,065	-2,479	0	0	-	-	-	-	-	-	-	-
Excess tax benefits from share-based awards
-	-	-	-	-	-	-	-	-	1	0	27	1,953	0	0	10	7,029	0	0	78	35	4,490	2,725	145	137	0	1,908	5,227	3,013	9,242	1,572	0	0	-283	22	3	258	-	-	-	-
Deferred income tax expense
57,006	90,524	43,492	35,598	65,879	79,905	141,237	13,107	33,788	95,077	-17,224	49,426	-36,229	43,652	8,295	2,136	43,402	-1,747	-6,299	30,025	-27,616	-1,027	-23,332	57,604	42,079	-219,557	61,764	13,904	-7,730	889,979	-19,406	-403,012	0	-	-	-	-	-	-	-	-
Gain on sale of other assets, operating properties and equipment and real estate owned
2,910	17,016	4,925	-938	938	6,856	0	4,900	207	12,789	0	0	0	-	-	-	-	0	0	-527	6,472	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of interest in unconsolidated entity and other Multifamily gain
4,661	-	0	0	10,865	-	0	0	164,880	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on retirement of debt and notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-426	-3,289	-525	608	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of Financial Services' businesses
0	-	200	505	1,663	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized and realized gains on real estate owned
-	-	-	-	-	822	1,142	887	883	55	1,690	1,676	1,698	4,129	4,413	5,608	7,230	21,501	6,188	5,286	3,405	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments of loans receivable and real estate owned
-	-	-	-	-	30,527	2,517	523	5,486	37,549	14,434	20,319	25,484	18,308	11,022	9,895	5,976	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Valuation adjustments and write-offs of option deposits and pre-acquisition costs
24,515	40,213	5,310	3,692	6,910	8,807	14,724	13,759	12,048	2,877	1,119	10,413	1,930	1,466	7,118	1,535	1,164	13,338	6,969	10,176	519	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Valuation adjustments and write-offs of option deposits and pre-acquisition costs, other receivables and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,014	-	12,445	6,050	8,921
Changes in assets and liabilities:
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	4,647	-3,126	-10,842	7,104	-2,056	5,194	-19,958	529	1,730	3,879	-27,014	13,852	-8,115	17,601	-4,408	-1,046	6,678	1,215	-417	1,785	-4,641	-212	-773	-4,092	2,254	556	-3,214	-6,930	1,823	-1,905	1,875
Decrease in receivables
-245,694	215,735	14,064	-147,372	-394,682	417,842	57,589	-66,654	22,406	72,264	-308,558	247,897	-264,714	300,952	195,976	26,369	-262,453	130,577	-28,854	195,379	-210,670	171,523	-121,593	132,152	-69,081	94,523	-9,469	-22,586	240	31,579	25,951	26,772	-101,672	142,891	9,150	23,911	-43,694	7,268	41,330	-203,399	-185,643
Increase in inventories, excluding valuation adjustments and write-offs of option deposits and pre-acquisition costs
777,012	-986,685	108,906	428,101	1,073,322	-589,146	316,103	-139,812	548,725	-241,091	247,402	53,472	601,711	-388,681	23,429	191,701	677,078	-157,199	165,315	397,569	721,222	32,712	353,607	389,088	592,008	157,755	516,719	438,065	514,597	8,178	224,940	157,774	172,159	-79,229	67,408	-30,347	81,071	-115,076	99,061	39,709	91,553
(Increase) decrease in other assets
121,506	117,962	18,201	-17,449	-49,015	-168,912	74,137	93,116	26,582	-2,625	33,658	26,348	-12,846	7,180	6,739	18,189	9,825	-12,593	10,679	48,592	-18,524	-24,659	14,387	30,311	-6,049	-21,895	-14,256	37,431	-5,559	9,619	8,977	15,262	1,183	8,659	63,940	27,072	13,851	-7,882	-2,281	-1,306	-16,800
Decrease in loans held-for-sale
-474,243	416,347	-191,357	363,069	-156,720	124,723	-174,431	466,894	-422,991	224,530	21,442	199,120	-339,492	36,391	-32,794	134,626	-228,316	-149,186	207,322	43,934	216,669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accounts payable and other liabilities
11,564	100,910	76,999	195,129	-387,677	71,439	230,308	157,374	-46,325	213,815	199,176	-45,261	-11,061	45,524	74,561	151,813	-250,466	176,202	20,585	238,674	-209,671	174,139	85,933	140,074	-74,059	45,577	119,304	57,960	-41,108	65,814	28,718	36,746	-103,149	-32,977	7,517	14,370	-95,751	-44,330	20,353	-24,528	-72,357
Net cash provided by (used in) operating activities
382,976	1,184,050	728,183	94,533	-524,423	965,330	706,903	175,043	-155,529	654,661	487,472	-239,083	79,324	510,884	172,302	40,505	-215,887	668,768	-93,881	-264,269	-730,264	110,013	-176,805	-327,089	-394,607	210,025	-407,830	-288,417	-321,492	65,859	-276,700	-81,363	-132,444	-143,552	-120,192	-5,066	9,675	85,141	-85,587	185,258	89,416
Cash flows from investing activities:
Decrease (increase) in restricted cash related to investments or LOCs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,313	-616	-37	-64	18,975	-19,490	1,038	-560	21,527	0	0	0	-	-	-	-	-	-	-	-	-	-3,919	-38,255	164,150
Net additions of operating properties and equipment
17,909	16,940	21,791	20,371	27,395	48,946	22,558	18,125	40,810	44,666	20,064	21,258	25,785	21,592	15,631	20,763	18,453	30,431	10,195	79,675	-28,946	35,014	-4,203	-4,681	-3,531	-3,195	-1,952	-1,718	-1,261	379	-3,591	-750	1,140	-	-	-	-	-	-	-	-
Proceeds from the sales of operating properties and equipment and other assets
13,067	20,423	50,018	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment in unconsolidated entity
0	0	0	0	17,790	25,613	24,475	0	175,179	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of real estate owned
-	-	-	-	-	3,524	7,039	3,578	18,080	13,613	17,431	31,306	24,215	31,233	23,226	23,156	20,256	66,730	32,753	27,757	28,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other proceeds, net
-	-	-	-	-	-	-	-	-	-	-	-	2,029	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Improvements to real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,281	523	1,194	2,422	1,332	2,376	2,347	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipts of principal payments on loans receivable and other
-	-	-	-	-	-	-	-	-	-	-	-	-	26,700	52,249	2,759	2,725	14,164	890	9,816	3,519	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of loans receivable and real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	249	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Origination of Loans Receivable
-	-	-	-	-	-	-	-	-	41,000	43,320	4,725	9,330	0	39,643	6,818	10,046	56,158	19,795	2,750	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of commercial mortgage-backed securities bonds
-	-	-	-	-	0	0	0	31,068	37,075	29,830	0	40,357	9,431	0	9,927	23,078	13,973	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of Financial Services' businesses
0	-24,446	0	0	24,446	340,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in and contributions to unconsolidated entities
78,607	106,467	99,114	96,827	133,917	103,214	116,230	123,528	62,575	49,095	65,454	164,049	151,706	105,714	109,822	106,254	103,971	198,198	50,096	31,187	35,456	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of capital from unconsolidated and consolidated entities
86,324	155,412	109,377	70,808	70,080	134,762	31,681	175,146	20,927	84,118	26,710	56,538	39,961	113,370	106,811	33,653	69,356	138,819	45,036	16,967	18,174	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of commercial mortgage-backed securities bonds
3,248	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions, net of cash acquired
-	-	-	-	-	-63	381	1,193	1,076,771	-7,033	296	14,931	596,172	0	125	0	600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of Lennar Homebuilding investments available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	28,093	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in Financial Services loans held-for-investment, net
-2,733	614	-3,073	-5,233	11,208	1,541	-950	4,602	-1,590	6,395	5,143	694	2,025	1,123	-1,026	-294	-766	601	1,941	3,086	-606	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investment securities
8,107	4,382	417	157	31,305	7,774	7,162	11,475	20,894	14,825	11,922	14,607	12,204	16,828	9,290	4,678	6,968	11,985	5,337	9,479	18,886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities/sales of investments securities
10,753	-	-	-	9,442	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other receipts, net
-1,677	-	-	-	-4,079	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities/sales of investment securities
-	-	-	-	-	51,016	13,643	10,105	10,473	16,726	11,699	8,048	5,292	5,051	8,231	6,060	4,621	6,244	1,056	2,210	14,116	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other payments, net
-	-	-	-	-	-314	141	2,195	-1,877	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net disposals of operating properties and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	-	-	-	1,920
Net cash provided by (used in) investing activities
13,179	58,953	52,229	-13,598	-77,988	424,920	-67,560	52,678	-1,003,992	112,471	-84,015	-107,454	-766,082	30,838	32,952	-83,041	-66,586	-82,712	-8,345	59,858	-67,194	195,904	54,549	112,636	75,270	255,205	32,032	141,966	260,046	4,341	62,754	21,490	156,706	25,475	-66,065	-93,428	-2,136	-116,211	-113,966	-19,085	-424,109
Cash flows from financing activities:
Conversions, exchanges and redemption of convertible senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	135	0	71,041	162,852	43,253	168,854	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Partial redemption of senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-152,710	0	337,146	38,275
Principal repayments on Rialto notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,499	-	-	-	-	832,211	-46,359	-10,474	-304,123	-	-300	-563	-170,026	-	-	-	-	-	-	-	-
Proceeds from other borrowings
27,577	26,117	34,014	18,168	10,452	-25,948	6,250	31,265	32,807	-44,697	10,831	57,701	7,395	3,068	18,438	8,894	6,763	13,713	18,164	23,111	46,630	1,321	6,170	11,601	15,332	15,630	11,466	7,408	58,092	9,939	1,015	2,456	28,090	1,330	1,748	1,134	75	1,307	443	2,763	1,163
Principal payments on notes payable and other borrowings
93,250	-	-	-	92,983	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings under unsecured revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net repayments under warehouse facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,681	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Senior Long-term Debt
-	-	-	-	-	-	-	-	-	1,200,000	0	650,000	600,000	0	0	499,024	0	396,022	0	500,000	250,625	-	-	-	-	250,000	0	50,000	450,000	-	350,000	0	50,000	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	2,202	358	62	12,039	11,893	2,637	3,212	10,848	759	185	3,112	684	4,597	700	5,016	1,494	2,264	0	3,530	4,195	7,746	72	387	4,730	4,304	3,779	0	1,035	-	-	-	-	-	-	-	-
Payments related to other liabilities
-5,480	-	-1,487	-599	-447	-	-1,632	-90	-1,478	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on other borrowings
-	-	-	-	-	-297,560	25,486	295,001	115,548	84,430	24,695	14,358	16,242	77,069	30,710	44,043	59,146	25,183	26,024	98,853	108,048	58,374	84,162	69,675	87,502	99,711	82,018	41,704	63,926	38,962	16,862	21,800	20,267	51,684	21,751	34,874	27,838	9,882	48,177	38,328	45,118
Exercise of land option contracts from an unconsolidated land investment venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,540	1,540	7,472	18,587	1,270	2,154	31,752	11,862	4,628	7,137	16,563	6,409	10,855	3,517	8,159	11,555	16,070
Receipts related to noncontrolling interests
88,913	464	18,458	589	8,348	14,118	126	30	3,852	-4,513	9,979	167	153	87	99	102	65	-179	108	65	1,302	896	30	11,859	74	7,657	4	141	434	613	158	497	391	57	543	5,107	115	2,049	1,909	5,003	5,127
Payments related to noncontrolling interests
16,734	8,045	12,372	12,020	11,297	20,948	38,215	6,652	23,760	12,590	13,873	22,038	25,871	29,232	24,983	31,180	42,015	27,544	26,893	21,308	57,629	40,624	42,264	40,128	32,609	26,802	6,677	155,591	12,585	0	335	145	0	50	923	1,375	4,789	966	754	1	3,127
Excess tax benefits from share-based awards
-	-	-	-	-	-	-	-	-	1	0	27	1,953	0	0	10	7,029	0	0	78	35	4,490	2,725	145	137	-48	1,908	5,227	3,013	9,242	1,572	0	0	-283	22	3	258	-	-	-	-
Common stock:
Issuances
0	105	-246	27	607	-128	5	3,184	0	27	0	594	99	0	18,877	594	0	-1	-6	1,185	8,227	-4	301	882	12,420	169	4,325	7,952	21,668	15,851	4,249	1,313	10,761	1,204	694	99	4,754	469	16	863	890
Repurchases
295,988	103,752	318,093	52,086	49,143	250,343	20,964	3,171	25,355	-50	27,021	0	83	31	18,900	752	219	55	22,161	786	186	8,271	11,587	566	0	-	-	-	-	-	-	-	-	-	-	-	-	0	13	220	1,573
Dividends
39,240	12,678	12,899	13,017	12,860	13,174	13,205	13,163	9,617	9,427	9,403	9,378	9,400	9,102	9,031	8,639	8,552	8,427	8,347	8,210	8,208	8,210	8,210	8,186	8,169	7,770	7,752	7,697	7,693	7,639	7,623	7,570	7,562	7,481	7,479	7,477	7,469	7,398	7,392	7,401	7,386
Net cash (used in) provided by financing activities
-789,804	-844,174	-731,619	-122,453	69,022	-877,816	-752,152	-115,584	-450,349	1,056,261	-549,699	401,445	286,289	-28,288	-204,636	137,554	-155,513	-232,905	-12,637	306,138	334,074	142,384	-4,470	300,394	223,130	-66,495	55,891	-203,988	-7,181	395,385	229,722	-33,651	-264,960	354,350	-17,866	23,362	-195,088	387,671	-19,978	177,688	-209,541
Net decrease in cash and cash equivalents and restricted cash
-393,649	398,829	48,793	-41,518	-533,389	512,434	-112,809	112,137	-1,609,870	1,823,393	-146,242	54,908	-400,469	513,434	618	95,018	-437,986	353,151	-114,863	101,727	-463,384	448,301	-126,726	85,941	-96,207	398,735	-319,907	-350,439	-68,627	465,585	15,776	-93,524	-240,698	236,273	-204,123	-75,132	-187,549	356,601	-219,531	343,861	-544,234
Supplemental disclosures of non-cash investing and financing activities:
Homebuilding and Multifamily:
Non-cash increase in consolidated inventory not owned
-	-	-	-	-	-	-	-	-	-	-	-	115,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash sale of operating properties and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-118,794	59,397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of inventories financed by sellers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	290	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,476	-	6,255	6,124	3,590
Non-cash contributions to unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	26,594	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate owned acquired in satisfaction/partial satisfaction of loans receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,637	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consolidation/deconsolidation of unconsolidated/consolidated entities, net:
Inventories
-	-	-	-	-	0	0	0	35,430	48,656	0	0	0	0	0	96,424	14,923	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	3,328	30,901	18,621	34,926	21,509	19,021	8,517
Receivables
-	-	-	-	-	0	0	0	7,198	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating properties and equipment and other assets
-667	0	0	1,809	51,603	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
0	0	0	72,680	-4,755	0	0	0	-25,614	-9,692	0	0	0	0	0	0	-2,445	0	0	0	2,948	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable
0	0	0	-347,102	-36,110	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
182	0	0	-17,852	-1,844	0	0	0	-17,014	44	0	0	0	-	-	-	-	0	0	0	1,220	-	-	-	-	-	-	-	-	-	-	-	-	4	0	6,559	2,864	7,246	2,326	4,669	285
Noncontrolling interests
485	0	0	0	-8,894	0	0	0	0	-	-	-	-	0	0	0	-12,478	0	0	0	13,253	0	-11,250	-93,906	-12,000	0	0	0	0	-	-	-	-	2,061	3	0	529	7,203	1,670	0	397,588
Operating properties and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,421	-	25,686	-40,963	22,495	-	0	0	0	-	-	-	-	-	-	-	-	3,296	340	46,109	18,268
Loans receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-376	-5,448	-33,834	1,217,294
Debts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	0	14,703	9,634	0	43,579	635,147
Consolidating Adjustments
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-501,196	-	-623,425	-506,065	-303,183	-	-549,274	-404,002	-178,838	-	-319,305	-278,635	-83,959	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-501,196	-	-623,425	-506,065	-303,183	-	-549,274	-404,002	-178,838	-	-319,305	-278,635	-83,959	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sales of operating properties and equipment and other assets
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment in unconsolidated entity
-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of real estate owned
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Origination of Loans Receivable
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Mortgage Backed Securities (MBS) categorized as Held-to-maturity
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of Financial Services' businesses
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions, net of cash and restricted cash acquired
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
672,022	-	-7,415	141,736	1,121,791	-	595	28,518	921,113	-	502,436	-36,428	574,418	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based awards
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuances
-	-	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends
-501,196	-	-623,425	-506,065	-303,183	-	-549,274	-489,002	-178,838	-	-359,305	-338,635	-143,959	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-170,826	-	630,840	364,329	-818,608	-	548,679	375,484	-742,275	-	-183,131	315,063	-490,459	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents and restricted cash
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding
Income (Loss) from Equity Method Investments
-4,546	-8,672	-10,459	19,614	-13,756	-46,672	-16,739	-12,670	-14,128	-20,946	-9,651	-21,506	-11,534	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lennar Other
Income (Loss) from Equity Method Investments
119	-	8,903	-4,978	8,330	-	6,614	4,560	8,955	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rialto
Income (Loss) from Equity Method Investments
-	-	-	-	-	-	-	-	-	-	4,858	5,730	722	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Rialto notes payable
-	-	-	-	-	-	-	-	-	-	28,034	0	35,460	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Debt
-	-	-	-	-	-	-	-	-	-	8,824	7,149	2,971	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Multifamily
Income (Loss) from Equity Method Investments
6,516	-4,152	7,883	-3,018	10,581	36,029	-1,730	14,281	2,742	41,520	11,645	9,427	23,147	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revolving Credit Facility [Member]
Net borrowings (repayments) under credit facilities
300,000	-700,000	150,000	-175,000	725,000	-650,000	-300,000	450,000	45,300	0	0	-250,000	250,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warehouse Repurchase Facility
Net borrowings (repayments) under credit facilities
-755,602	589,675	-57,939	143,471	-508,655	373,883	-108,673	352,221	-344,511	198,076	-253,495	399,091	-543,356	-	-	-	-	-	-	-	-	319,535	70,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net repayments under warehouse facilities
-	-	-	-	-	-	-	-	-	-	-	-	543,356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Senior Notes
Payments of Debt Issuance Costs
-	-	-	-	-	-	358	62	12,039	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lennar Homebuilding and Lennar Multifamily
Purchases of inventories and other assets financed by sellers
75,365	-	37,993	487	46,144	-	7,278	21,575	23,503	-	29,778	-1,971	80,919	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash contributions to unconsolidated entities
13,859	-	107,368	0	0	-	4,440	86,746	523	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity component of acquisition consideration
-	-	-	-	-	0	0	0	5,070,006	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Lennar Homebuilding
Non-cash contributions to unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-355	37,699	25,315	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-