XML 14 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2015
Sep. 30, 2015
ASSETS    
Cash and cash equivalents $ 1,268.7 $ 1,383.8
Inventories:    
Other assets 511.5 530.2
Total assets 11,179.5 11,151.0
LIABILITIES    
Notes payable 3,734.3 3,811.5
Total liabilities $ 5,119.0 $ 5,255.6
Commitments and contingencies
EQUITY    
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued $ 0.0 $ 0.0
Common stock, $.01 par value, 1,000,000,000 shares authorized, 376,927,248 shares issued and 369,727,177 shares outstanding at December 31, 2015 and 375,847,442 shares issued and 368,647,371 shares outstanding at September 30, 2015 3.8 3.8
Additional paid-in capital 2,769.6 2,733.8
Retained earnings 3,417.7 3,289.6
Treasury stock, 7,200,071 shares at December 31, 2015 and September 30, 2015, at cost (134.3) (134.3)
Accumulated other comprehensive income 2.6 1.4
Stockholders’ equity 6,059.4 5,894.3
Noncontrolling interests 1.1 1.1
Total equity 6,060.5 5,895.4
Total liabilities and equity 11,179.5 11,151.0
Homebuilding [Member]    
ASSETS    
Cash and cash equivalents 1,245.7 1,355.9
Restricted cash 9.7 9.7
Inventories:    
Construction in progress and finished homes 3,792.6 3,501.2
Residential land and lots — developed and under development 4,072.6 4,065.3
Land held for development 185.4 202.3
Land held for sale 37.6 38.2
Total inventories [1] 8,088.2 7,807.0
Deferred income taxes, net of valuation allowance of $10.1 million at December 31, 2015 and September 30, 2015 542.2 558.1
Property and equipment, net 147.6 144.0
Other assets 434.3 456.2
Goodwill 87.2 87.2
Total assets 10,554.9 10,418.1
LIABILITIES    
Accounts payable 415.6 473.0
Accrued expenses and other liabilities 935.3 929.2
Notes payable 3,337.2 3,333.6
Total liabilities 4,688.1 4,735.8
Financial Services [Member]    
ASSETS    
Cash and cash equivalents 23.0 27.9
Inventories:    
Mortgage loans held for sale 524.4 631.0
Other assets 77.2 74.0
Total assets 624.6 732.9
LIABILITIES    
Accounts payable and other liabilities 33.8 41.9
Mortgage repurchase facility 397.1 477.9
Total liabilities $ 430.9 $ 519.8
[1] Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.