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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES    
Net income $ 856.2 $ 36.0
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 14.4 14.9
Amortization of discounts and fees 29.9 27.6
Stock based compensation expense 14.3 9.9
Deferred income taxes (716.7) 0
(Gain) loss on early retirement of debt, net (0.1) 10.7
Gain on sale of marketable securities (0.2) (0.1)
Inventory impairments and land option cost write-offs 4.7 32.6
Changes in operating assets and liabilities:    
Increase in construction in progress and finished homes (204.8) (148.2)
(Increase) decrease in residential land and lots - developed, under development, and held for development (207.7) 34.7
(Increase) decrease in other assets (8.6) 39.3
(Increase) decrease in income taxes receivable (0.5) 2.0
Increase in mortgage loans held for sale (1.0) (32.4)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 42.9 (102.3)
Net cash used in operating activities (177.2) (75.3)
INVESTING ACTIVITIES    
Purchases of property and equipment (23.8) (12.8)
Purchases of marketable securities (188.7) (259.7)
Proceeds from the sale or maturity of marketable securities 196.8 254.7
Decrease in restricted cash 7.6 3.3
Net cash used in investing activities (8.1) (14.5)
FINANCING ACTIVITIES    
Proceeds from notes payable 377.6 29.8
Repayment of notes payable (14.5) (336.5)
Proceeds from stock associated with certain employee benefit plans 30.3 2.7
Cash dividends paid (35.8) (35.9)
Purchase of treasury stock 0 (38.6)
Net cash provided by (used in) financing activities 357.6 (378.5)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 172.3 (468.3)
Cash and cash equivalents at beginning of period 732.6 1,309.3
Cash and cash equivalents at end of period $ 904.9 $ 841.0