XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2017
Sep. 30, 2017
ASSETS    
Cash and cash equivalents $ 920.3 $ 1,007.8
Restricted cash 53.7 16.5
Inventories:    
Construction in progress and finished homes 4,907.8 4,606.0
Residential land and lots — developed and under development 4,827.7 4,519.7
Land held for development 100.5 101.0
Land held for sale 204.2 10.4
Total inventories 10,040.2 9,237.1
Investment in unconsolidated entities 86.1 0.0
Mortgage loans held for sale 538.2 587.3
Deferred income taxes, net of valuation allowance of $21.7 million and $11.2 million at December 31, 2017 and September 30, 2017, respectively 239.1 365.0
Property and equipment, net 357.7 325.0
Other assets 622.0 565.9
Goodwill 100.0 80.0
Total assets 12,957.3 12,184.6
LIABILITIES    
Accounts payable 575.7 580.4
Accrued expenses and other liabilities 1,068.1 985.0
Notes payable 3,258.1 2,871.6
Total liabilities 4,901.9 4,437.0
Commitments and contingencies (Note K)
EQUITY    
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued 0.0 0.0
Common stock, $.01 par value, 1,000,000,000 shares authorized, 385,244,037 shares issued and 375,693,966 shares outstanding at December 31, 2017 and 384,036,150 shares issued and 374,986,079 shares outstanding at September 30, 2017 3.9 3.8
Additional paid-in capital 3,010.2 2,992.2
Retained earnings 5,088.2 4,946.0
Treasury stock, 9,550,071 shares and 9,050,071 shares at December 31, 2017 and September 30, 2017, respectively, at cost (220.3) (194.9)
Stockholders’ equity 7,882.0 7,747.1
Noncontrolling interests 173.4 0.5
Total equity 8,055.4 7,747.6
Total liabilities and equity $ 12,957.3 $ 12,184.6