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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES    
Net income $ 323.2 $ 856.2
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 16.0 14.4
Amortization of discounts and fees 29.7 29.9
Stock based compensation expense 13.1 14.3
Deferred income taxes 79.5 (716.7)
(Gain) loss on early retirement of debt, net 0 (0.1)
Gain on sale of marketable securities (0.2) (0.2)
Inventory impairments and land option cost write-offs 4.0 4.7
Changes in operating assets and liabilities:    
Increase in construction in progress and finished homes (692.1) (204.8)
(Increase) decrease in residential land and lots - developed, under development, and held for development (1,046.5) (207.7)
(Increase) decrease in other assets (7.1) (5.4)
(Increase) decrease in income taxes receivable 14.4 (0.5)
Increase in mortgage loans held for sale (12.9) (1.0)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 142.6 42.9
Net cash used in operating activities (1,136.3) (174.0)
INVESTING ACTIVITIES    
Purchases of property and equipment (40.6) (23.8)
Purchases of marketable securities (28.9) (188.7)
Proceeds from the sale or maturity of marketable securities 325.4 196.8
Decrease in restricted cash (19.3) 7.6
Net principal increase of mortgage loans held in portfolio and real estate owned (1.0) (3.2)
Payments to Acquire Other Investments (18.6) 0
Payments for (Proceeds from) Other Investing Activities 1.4 0
Acquisition of a business (9.4) 0
Net cash used in investing activities 209.0 (11.3)
FINANCING ACTIVITIES    
Proceeds from notes payable 892.0 377.6
Repayment of notes payable (342.1) (14.5)
Proceeds from stock associated with certain employee benefit plans 27.9 30.3
Cash dividends paid (60.2) (35.8)
Net cash provided by (used in) financing activities 517.6 357.6
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (409.7) 172.3
Cash and cash equivalents at beginning of period 1,047.7 732.6
Cash and cash equivalents at end of period 638.0 904.9
Supplemental disclosures of non-cash activities:    
Notes payable issued for inventory 11.4 4.1
Stock issued under Restricted Stock Unit and Performance Unit Plans $ 3.9 $ 3.1