A Dark Vector Cognition product

Item 16. Form 10-K Summary

7K characters. Original on sec.gov ·

Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

LENNAR CORPORATION
/S/ RICK BECKWITT
Rick Beckwitt
Co-Chief Executive Officer, Co-President and Director
Date:January 28, 2022
LENNAR CORPORATION
/S/ JONATHAN M. JAFFE
Jonathan M. Jaffe
Co-Chief Executive Officer, Co-President and Director
Date:January 28, 2022

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:

Principal Executive Officer:
Rick Beckwitt/S/ RICK BECKWITT
Co-Chief Executive Officer, Co-President and DirectorDate:January 28, 2022
Jonathan M. Jaffe/S/ JONATHAN M. JAFFE
Co-Chief Executive Officer, Co-President and DirectorDate:January 28, 2022
Principal Financial Officer:
Diane Bessette/S/ DIANE BESSETTE
Vice President, Chief Financial Officer and TreasurerDate:January 28, 2022
Principal Accounting Officer:
David Collins/S/ DAVID COLLINS
Vice President and ControllerDate:January 28, 2022
Directors:
Amy Banse/S/ AMY BANSE
Date:January 28, 2022
Steven L. Gerard/S/ STEVEN L. GERARD
Date:January 28, 2022
Theron I. ("Tig") Gilliam, Jr./S/ THERON I. ("TIG") GILLIAM, JR.
Date:January 28, 2022
Sherrill W. Hudson/S/ SHERRILL W. HUDSON
Date:January 28, 2022
Sidney Lapidus/S/ SIDNEY LAPIDUS
Date:January 28, 2022
Teri McClure/S/ TERI MCCLURE
Date:January 28, 2022
Stuart Miller/S/ STUART MILLER
Date:January 28, 2022
Armando Olivera/S/ ARMANDO OLIVERA
Date:January 28, 2022
Jeffrey Sonnenfeld/S/ JEFFREY SONNENFELD
Date:January 28, 2022

LENNAR CORPORATION AND SUBSIDIARIES

Schedule II—Valuation and Qualifying Accounts

Years Ended November 30, 2021, 2020 and 2019

Additions
(In thousands)Beginning balanceCharged to costs and expensesCharged (credited) to other accountsDeductionsEnding balance
Year ended November 30, 2021
Allowances deducted from assets to which they apply:
Allowances for credit losses and notes and other receivables$2,3947959(1)2,531
Allowance for loan losses and loans receivable$4,012—(31)(1,890)2,091
Allowance against net deferred tax assets$4,411—(1,556)(162)2,693
Year ended November 30, 2020
Allowances deducted from assets to which they apply:
Allowances for credit losses and notes and other receivables$3,379661(568)(1,078)2,394
Allowance for loan losses and loans receivable$4,12279517(922)4,012
Allowance against net deferred tax assets$4,34170——4,411
Year ended November 30, 2019
Allowances deducted from assets to which they apply:
Allowances for credit losses and notes and other receivables$2,7931,404(344)(474)3,379
Allowance for loan losses and loans receivable$6,154485—(2,517)4,122
Allowance against net deferred tax assets$7,219——(2,878)4,341

Previous: Item 15. Exhibit and Financial Statement Schedules.