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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Sep. 30, 2013
ASSETS    
Cash and cash equivalents $ 661.8 $ 977.4
Inventories:    
Deferred income taxes, net of valuation allowance of $31.1 million and $31.0 million at September 30, 2014 and 2013, respectively 565.0 586.6
Property and equipment, net 193.7 [1] 109.5 [1]
Other assets 502.7 476.5
Total assets 10,202.5 8,856.4
LIABILITIES    
Notes payable 3,682.8 3,509.0
Total liabilities 5,082.8 4,795.0
Commitments and contingencies (Note K)      
EQUITY    
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued 0 0
Common stock, $.01 par value, 1,000,000,000 shares authorized, 371,786,765 shares issued and 364,586,694 shares outstanding at September 30, 2014 and 330,143,689 shares issued and 322,943,618 shares outstanding at September 30, 2013 3.7 3.3
Additional paid-in capital 2,613.7 2,042.0
Retained earnings 2,630.5 2,145.6
Treasury stock, 7,200,071 shares at September 30, 2014 and 2013, at cost (134.3) (134.3)
Accumulated other comprehensive income 2.2 1.9
Total stockholders' equity 5,115.8 4,058.5
Noncontrolling interests 3.9 2.9
Total equity 5,119.7 4,061.4
Total liabilities and equity 10,202.5 8,856.4
Homebuilding [Member]
   
ASSETS    
Cash and cash equivalents 632.5 [2] 954.2 [2]
Restricted cash 10.0 [2] 77.8 [2]
Inventories:    
Construction in progress and finished homes 3,541.3 2,498.0
Residential land and lots - developed and under development 3,800.0 3,215.2
Land held for development 332.8 450.2
Land held for sale 26.4 34.0
Total inventories 7,700.5 [3] 6,197.4 [3]
Deferred income taxes, net of valuation allowance of $31.1 million and $31.0 million at September 30, 2014 and 2013, respectively 565.0 586.6
Property and equipment, net 190.8 106.7
Other assets 441.1 419.6
Goodwill 94.8 38.9
Total assets 9,634.7 8,381.2
LIABILITIES    
Accounts payable 480.3 346.4
Accrued expenses and other liabilities 875.0 886.0
Notes payable 3,323.6 3,270.4
Total liabilities 4,678.9 4,502.8
Financial Services [Member]
   
ASSETS    
Cash and cash equivalents 29.3 [2] 23.2 [2]
Inventories:    
Property and equipment, net 2.9 2.8
Mortgage loans held for sale 476.9 395.1
Other assets 61.6 56.9
Total assets 567.8 475.2
LIABILITIES    
Accounts payable and other liabilities 44.7 53.6
Assets Sold under Agreements to Repurchase, Repurchase Liability 359.2 [2] 238.6 [2]
Total liabilities $ 403.9 $ 292.2
[1] Includes $2.9 million and $2.8 million at September 30, 2014 and 2013, respectively, of property and equipment related to the Company's financial services subsidiaries which is included in financial services other assets in the consolidated balance sheets.
[2] The fair value approximates carrying value due to its short-term nature, short maturity or floating interest rate terms, as applicable.
[3] Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.