12 unchanged sentences
Weighted average variable interest rates are based on the variable interest rates at November 30, 2021.
−Removed: See Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 7 and Notes 1 and 7 of the notes to the consolidated financial statements in Item 8 for a further discussion of these items and our strategy of mitigating our interest rate risk.
+Added: See Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 7 and Notes 1 and 7 of the Notes to Consolidated Financial Statements in Item 8 for a further discussion of these items and our strategy of mitigating our interest rate risk.
Information Regarding Interest Rate Sensitivity
5 unchanged sentences
Financial Services:
−Removed: Loans held-for-investment, net and investments held-to-maturity:
+Added: Loans held-for-investment, net:
Fixed rate $ 1.0 1.1 1.1 1.1 1.2 31.6 37.1 37.1
6 unchanged sentences
Average interest rate 4.4 % 4.2 % 5.0 % 4.8 % 5.2 % 4.9 % 4.8 % —
−Removed: Variable rate $ 154.0 — — — — — 154.0 159.7
−Removed: Average interest rate 5.3 % — — — — — 5.3 % —
Financial Services:
2 unchanged sentences
Average interest rate — — — — — 3.4 % 3.4 % —
−Removed: Variable rate $ 1,310.4 — — — — — 1,310.4 1,310.4
−Removed: Average interest rate 2.7 % — — — — — 2.7 % —
−Removed: Lennar Other:
−Removed: Notes and other debts payable:
−Removed: Fixed rate $ 1.9 — — — — — 1.9 1.9
−Removed: Average interest rate 3.0 % — — — — — 3.0 % —
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.