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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Sep. 30, 2012
ASSETS    
Cash and cash equivalents $ 936.5 $ 1,047.7
Inventories:    
Deferred income taxes, net of valuation allowance of $31.0 million and $41.9 million at September 30, 2013 and 2012, respectively 586.6 709.5
Property and equipment, net 109.5 [1] 73.8 [1]
Other assets 517.4 507.3
Total assets 8,856.4 7,248.2
LIABILITIES    
Notes payable 3,509.0 2,493.1
Total liabilities 4,795.0 3,653.5
Commitments and contingencies (Note K)      
EQUITY    
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued 0 0
Common stock, $.01 par value, 1,000,000,000 shares authorized, 330,143,689 shares issued and 322,943,618 shares outstanding at September 30, 2013 and 328,092,047 shares issued and 320,891,976 shares outstanding at September 30, 2012 3.3 3.3
Additional paid-in capital 2,042.0 1,979.8
Retained earnings 2,145.6 1,743.1
Treasury stock, 7,200,071 shares at September 30, 2013 and 2012, at cost (134.3) (134.3)
Accumulated other comprehensive income 1.9 0.2
Total stockholders' equity 4,058.5 3,592.1
Noncontrolling interests 2.9 2.6
Total equity 4,061.4 3,594.7
Total liabilities and equity 8,856.4 7,248.2
Homebuilding [Member]
   
ASSETS    
Cash and cash equivalents 913.3 [2] 1,030.4 [2]
Marketable securities, available-for-sale 0 298.0
Restricted cash 77.8 [2] 49.3 [2]
Inventories:    
Construction in progress and finished homes 2,498.0 1,682.7
Residential land and lots - developed and under development 3,227.3 1,838.4
Land held for development 472.1 644.1
Total inventories 6,197.4 [3] 4,165.2 [3]
Income taxes receivable 0 14.4
Deferred income taxes, net of valuation allowance of $31.0 million and $41.9 million at September 30, 2013 and 2012, respectively 586.6 709.5
Property and equipment, net 106.7 72.6
Other assets 460.5 456.8
Goodwill 38.9 38.9
Total assets 8,381.2 6,835.1
LIABILITIES    
Accounts payable 346.4 216.2
Accrued expenses and other liabilities 886.0 893.8
Notes payable 3,270.4 2,305.3
Total liabilities 4,502.8 3,415.3
Financial Services [Member]
   
ASSETS    
Cash and cash equivalents 23.2 [2] 17.3 [2]
Inventories:    
Property and equipment, net 2.8 1.2
Mortgage loans held for sale 395.1 345.3
Other assets 56.9 50.5
Total assets 475.2 413.1
LIABILITIES    
Accounts payable and other liabilities 53.6 50.4
Assets Sold under Agreements to Repurchase, Repurchase Liability 238.6 [2] 187.8 [2]
Total liabilities $ 292.2 $ 238.2
[1] Includes $2.8 million and $1.2 million at September 30, 2013 and 2012, respectively, of property and equipment related to the Company's financial services subsidiaries which is included in financial services other assets on the consolidated balance sheets.
[2] The fair value approximates carrying value due to its short-term nature, short maturity or floating interest rate terms, as applicable.
[3] Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision maker.