XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2021
Sep. 30, 2021
ASSETS    
Cash and cash equivalents $ 2,442.1 $ 3,210.4
Restricted cash 22.5 26.8
Total cash, cash equivalents and restricted cash 2,464.6 3,237.2
Inventories:    
Construction in progress and finished homes 8,742.9 7,739.2
Residential land and lots — developed and under development 8,162.4 7,781.8
Land held for development 131.4 110.9
Land held for sale 24.8 25.4
Rental properties 1,141.0 821.8
Total inventories 18,202.5 16,479.1
Mortgage loans held for sale 1,833.3 2,027.3
Deferred income taxes, net of valuation allowance of $4.1 million and $4.2 million at December 31, 2021 and September 30, 2021, respectively 137.6 155.3
Property and equipment, net 410.4 392.9
Other assets 1,787.5 1,560.6
Goodwill 163.5 163.5
Total assets 24,999.4 24,015.9
LIABILITIES    
Accounts payable 1,150.7 1,177.0
Accrued expenses and other liabilities 2,580.0 2,210.3
Notes payable 5,255.3 5,412.4
Total liabilities 8,986.0 8,799.7
Commitments and contingencies (Note K)
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, 398,162,095 shares issued and 354,277,601 shares outstanding at December 31, 2021 and 397,190,100 shares issued and 356,015,843 shares outstanding at September 30, 2021 4.0 4.0
Additional paid-in capital 3,282.7 3,274.8
Retained earnings 14,705.8 13,644.3
Treasury stock, 43,884,494 shares and 41,174,257 shares at December 31, 2021 and September 30, 2021, respectively, at cost (2,314.8) (2,036.6)
Stockholders’ equity 15,677.7 14,886.5
Noncontrolling interests 335.7 329.7
Total equity 16,013.4 15,216.2
Total liabilities and equity $ 24,999.4 $ 24,015.9