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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
OPERATING ACTIVITIES      
Net income $ 533.5 $ 462.7 $ 956.3
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and Amortization 38.4 22.7 18.8
Amortization of discounts and fees 27.4 39.7 40.4
Stock based compensation expense 26.2 19.0 18.1
Income tax benefit from stock option exercises (0.6) (6.7) 0
Deferred income taxes 17.4 130.9 (709.5)
(Gain) loss on early retirement of debt, net 0 0 (0.1)
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments 0 (0.2) (0.2)
Inventory impairments and land option charges 85.2 31.1 6.2
Changes in operating assets and liabilities:      
(Increase) decrease in construction in progress and finished homes (918.2) (815.3) (275.4)
(Increase) decrease in residential land and lots - developed, under development, and held for development (513.6) (1,235.6) (371.0)
(Increase) decrease in other assets 8.8 18.3 (36.2)
(Increase) decrease in income taxes receivable 0 14.4 (2.0)
Increase in mortgage loans held for sale (81.8) (49.8) (51.2)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 115.9 139.5 113.6
Net cash (used in) provided by operating activities (661.4) (1,229.3) (292.2)
INVESTING ACTIVITIES      
Purchases of property and equipment (100.2) (58.0) (33.6)
Purchases of marketable securities 0 (28.9) (240.8)
Proceeds from the sale or maturity of marketable securities 0 325.4 232.8
(Increase) decrease in restricted cash 67.8 (28.5) (0.2)
Net principal increase of other mortgage loans and real estate owned (5.6) (2.5) (4.7)
Purchases of debt securities collateralized by residential real estate 0 (18.6) 0
Principal payments received on debt securities collateralized by residential real estate 0 1.4 0
Payments related to acquisition of a business (244.1) (9.4) (96.5)
Net cash used in investing activities (282.1) 180.9 (143.0)
FINANCING ACTIVITIES      
Proceeds from notes payable 1,427.6 1,307.9 765.9
Repayment of notes payable (796.9) (345.1) (17.5)
Proceeds from stock associated with certain employee benefit plans 45.2 29.7 50.9
Income tax benefit from stock option exercises 0.6 6.7 0
Cash dividends paid (48.6) (60.2) (47.8)
Net cash provided by (used in) financing activities 627.9 939.0 751.5
Increase (decrease) in cash and cash equivalents (315.6) (109.4) 316.3
Cash and cash equivalents at beginning of year 977.4 1,086.8 770.5
Cash and cash equivalents at end of year 661.8 977.4 1,086.8
Supplemental cash flow information:      
Interest paid, net of amounts capitalized 0 5.6 19.5
Income taxes paid (refunded), net 279.8 34.8 6.1
Supplemental disclosures of non-cash activities:      
Notes payable issued for inventory 0 11.4 4.1
Stock issued under Performance Unit Plan 5.5 3.9 3.1
Conversion of 2% convertible senior notes into equity 498.6 0 0
Notes Assumed 18.6 0 0
Note receivable related to sale of land 5.0 0 0
Accrual for holdback payment related to acquisition $ 0 $ 0 $ 9.4