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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES    
Net income $ 36.0 $ 253.9
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 14.9 13.6
Amortization of discounts and fees 27.6 22.2
Stock based compensation expense 9.9 9.7
Income tax benefit from stock option exercises   (2.9)
Loss on early retirement of debt, net 10.7 6.7
Gain on sale of marketable securities (0.1)  
Inventory impairments and land option cost write-offs 32.6 33.9
Changes in operating assets and liabilities:    
(Increase) decrease in construction in progress and finished homes (148.2) 26.6
Decrease in residential land and lots - developed, under development, and held for development 34.7 35.9
Decrease in other assets 39.3 15.3
Decrease in income taxes receivable 2.0 260.5
Increase in mortgage loans held for sale (32.4) (95.3)
(Decrease) increase in accounts payable, accrued expenses and other liabilities (102.3) 7.0
Net cash (used in) provided by operating activities (75.3) 587.1
INVESTING ACTIVITIES    
Purchases of property and equipment (12.8) (15.6)
Purchases of marketable securities (259.7) (299.4)
Proceeds from the sale or maturity of marketable securities 254.7  
Decrease (increase) in restricted cash 3.3 (3.6)
Net cash used in investing activities (14.5) (318.6)
FINANCING ACTIVITIES    
Proceeds from notes payable 29.8 83.8
Repayment of notes payable (336.5) (888.8)
Proceeds from stock associated with certain employee benefit plans 2.7 4.6
Income tax benefit from stock option exercises 0 2.9
Cash dividends paid (35.9) (35.8)
Purchase of treasury stock (38.6) 0
Net cash used in financing activities (378.5) (833.3)
DECREASE IN CASH AND CASH EQUIVALENTS (468.3) (564.8)
Cash and cash equivalents at beginning of period 1,309.3 1,957.3
Cash and cash equivalents at end of period $ 841.0 $ 1,392.5