XML 21 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Sep. 30, 2020
ASSETS    
Cash and cash equivalents $ 3,210.4 $ 3,018.5
Restricted cash 26.8 21.6
Total cash, cash equivalents and restricted cash 3,237.2 3,040.1
Inventories:    
Construction in progress and finished homes 7,739.2 5,984.1
Residential land and lots — developed and under development 7,781.8 6,171.8
Land held for development 110.9 53.2
Land held for sale 25.4 28.3
Rental properties 821.8 0.0
Total inventory 16,479.1 12,237.4
Mortgage loans held for sale 2,027.3 1,529.0
Deferred income taxes, net of valuation allowance of $4.2 million and $7.5 million at September 30, 2021 and 2020, respectively 155.3 144.9
Property and equipment, net 392.9 683.7
Other assets 1,560.6 1,113.7
Goodwill 163.5 163.5
Total assets 24,015.9 18,912.3
LIABILITIES    
Accounts payable 1,177.0 900.5
Accrued expenses and other liabilities 2,210.3 1,607.0
Notes payable 5,412.4 4,283.3
Total liabilities 8,799.7 6,790.8
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, 397,190,100 shares issued and 356,015,843 shares outstanding at September 30, 2021 and 394,741,349 shares issued and 363,999,982 shares outstanding at September 30, 2020 4.0 3.9
Additional paid-in capital 3,274.8 3,240.9
Retained earnings 13,644.3 9,757.8
Treasury stock, 41,174,257 shares and 30,741,367 shares at September 30, 2021 and 2020, respectively, at cost (2,036.6) (1,162.6)
Stockholders’ equity 14,886.5 11,840.0
Noncontrolling interests 329.7 281.5
Total equity 15,216.2 12,121.5
Total liabilities and equity $ 24,015.9 $ 18,912.3