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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
Net income $ 1,114.7 $ 993.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 52.4 46.6
Amortization of discounts and fees 8.1 6.3
Stock-based compensation expense 53.9 46.3
Equity in earnings of unconsolidated entities (0.5) (3.1)
Distributions of earnings of unconsolidated entities 0.5 0.2
Deferred income taxes 11.7 160.3
Inventory and land option charges 41.0 42.8
Gain on sale of assets (53.9) (14.5)
Changes in operating assets and liabilities:    
Increase in construction in progress and finished homes (393.0) (590.6)
Increase in residential land and lots – developed, under development, held for development and held for sale (606.2) (359.8)
Increase in other assets (138.1) (34.6)
Increase in mortgage loans held for sale (158.5) (92.4)
Increase in accounts payable, accrued expenses and other liabilities 148.6 105.6
Net cash provided by (used in) operating activities 80.7 306.5
INVESTING ACTIVITIES    
Expenditures for property and equipment (105.3) (54.0)
Proceeds from sale of assets 143.8 261.1
Expenditures related to multi-family rental properties (56.3) (56.1)
Return of investment in unconsolidated entities 4.4 15.4
Net principal increase of other mortgage loans and real estate owned (2.0) (0.8)
Payments related to business acquisitions (310.9) (158.1)
Net cash (used in) provided by investing activities (326.3) 7.5
FINANCING ACTIVITIES    
Proceeds from notes payable 2,528.2 2,164.3
Repayment of notes payable (2,536.1) (2,179.5)
Advances on mortgage repurchase facility, net 158.8 106.3
Proceeds from stock associated with certain employee benefit plans 26.8 36.2
Cash paid for shares withheld for taxes (19.5) (10.3)
Cash dividends paid (167.9) (141.3)
Repurchases of common stock (361.5) (74.9)
Distributions to noncontrolling interests, net (3.9) (2.2)
Net cash (used in) provided by financing activities (375.1) (101.4)
Net (decrease) increase in cash, cash equivalents and restricted cash (620.7) 212.6
Cash, cash equivalents and restricted cash at beginning of period 1,506.0 1,024.3
Cash, cash equivalents and restricted cash at end of period 885.3 1,236.9
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES:    
Notes Issued 83.6 0.0
Stock issued under employee incentive plans 49.1 63.7
Accrual for holdback payment related to acquisition 15.0 0.0
Repurchase Of Common Stock Not Settled $ 14.0 $ 0.0