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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Sep. 30, 2019
ASSETS    
Cash and cash equivalents $ 3,018.5 $ 1,494.3
Restricted cash 21.6 19.7
Total cash, cash equivalents and restricted cash 3,040.1 1,514.0
Inventories:    
Construction in progress and finished homes 5,984.1 5,245.0
Residential land and lots — developed and under development 6,171.8 5,939.4
Land held for development 53.2 77.8
Land held for sale 28.3 19.8
Total inventory 12,237.4 11,282.0
Mortgage loans held for sale 1,529.0 1,072.0
Deferred Tax Assets, Valuation Allowance 7.5 18.7
Deferred income taxes, net of valuation allowance of $7.5 million and $18.7 million at September 30, 2020 and 2019, respectively 144.9 163.1
Property and equipment, net 683.7 499.2
Other assets 1,113.7 912.8
Goodwill 163.5 163.5
Total assets 18,912.3 15,606.6
LIABILITIES    
Accounts payable 900.5 634.0
Accrued expenses and other liabilities 1,607.0 1,278.1
Notes payable 4,283.3 3,399.4
Total liabilities 6,790.8 5,311.5
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, 394,741,349 shares issued and 363,999,982 shares outstanding at September 30, 2020 and 392,172,821 shares issued and 368,431,454 shares outstanding at September 30, 2019 3.9 3.9
Additional paid-in capital 3,240.9 3,179.1
Retained earnings 9,757.8 7,640.1
Treasury stock, 30,741,367 shares and 23,741,367 shares at September 30, 2020 and 2019, respectively, at cost (1,162.6) (802.2)
Stockholders’ equity 11,840.0 10,020.9
Noncontrolling interests 281.5 274.2
Total equity 12,121.5 10,295.1
Total liabilities and equity $ 18,912.3 $ 15,606.6
Preferred Stock, Par or Stated Value Per Share $ 0.10 $ 0.10
Preferred Stock, Shares Authorized 30,000,000 30,000,000
Preferred Stock, Shares Issued 0 0
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 1,000,000,000 1,000,000,000
Treasury Stock, Shares 30,741,367 23,741,367