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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 1,946,320 $ 1,406,839 $ 1,016,700
Adjustments to reconcile net income to net cash from operating activities:      
Deferred income tax expense 59,168 137,598 105,438
Land-related charges 12,302 20,305 27,101
Loss on debt retirement 61,469 0 4,927
Goodwill impairment 0 20,190 0
Depreciation and amortization 69,953 66,081 53,999
Share-based compensation expense 36,745 32,843 28,368
Other, net (13,504) (1,112) 1,155
Increase (decrease) in cash due to:      
Inventories (1,266,398) 2,988 (237,741)
Residential mortgage loans available-for-sale (382,813) (56,732) (48,261)
Other assets (159,906) (46,307) (16,668)
Accounts payable, accrued and other liabilities 640,685 201,649 140,984
Net cash provided by operating activities 1,004,021 1,784,342 1,076,002
Cash flows from investing activities:      
Capital expenditures (72,781) (58,354) (58,119)
Investments in unconsolidated entities (101,591) (753) (9,515)
Distributions of capital from unconsolidated entities 53,927 27,939 214
Business acquisitions (10,400) (83,251) (163,724)
Other investing activities, net 6,713 6,472 6,458
Net cash used in investing activities (124,132) (107,947) (224,686)
Cash flows from financing activities:      
Repayments of notes payable (836,893) (65,267) (309,985)
Borrowings under revolving credit facility 0 700,000 0
Repayments under revolving credit facility 0 (700,000) 0
Financial Services borrowings (repayments), net 214,302 85,248 (21,841)
Stock option exercises 11 111 6,399
Share repurchases (897,303) (170,676) (274,333)
Cash paid for shares withheld for taxes (10,842) (14,853) (11,450)
Dividends paid (147,834) (130,179) (122,350)
Net cash used in financing activities (1,678,559) (295,616) (733,560)
Net increase (decrease) (798,670) 1,380,779 117,756
Cash, cash equivalents, and restricted cash at beginning of period 2,632,235 1,251,456 1,133,700
Cash, cash equivalents, and restricted cash at end of period 1,833,565 2,632,235 1,251,456
Supplemental Cash Flow Information:      
Interest paid (capitalized), net 10,856 3,057 5,605
Income taxes paid, net $ 457,406 $ 264,248 $ 137,119