XML 96 R79.htm IDEA: XBRL DOCUMENT v3.10.0.1
Supplemental Guarantor Information - Consolidating Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Condensed Financial Statements, Captions [Line Items]                      
Revenues $ 4,505.2 $ 4,435.3 $ 3,794.7 $ 3,332.7 $ 4,159.1 $ 3,776.4 $ 3,251.3 $ 2,904.2 $ 16,068.0 $ 14,091.0 $ 12,157.4
Unaudited Supplemental Consolidating Statement of Operations                      
Cost of sales                 12,398.1 11,042.8 9,502.6
Selling, general and administrative expense                 1,676.8 1,471.6 1,320.3
Goodwill impairment                 0.0 0.0 7.2
Equity in earnings of unconsolidated entities                 (2.8) 0.0 0.0
Gain on sale of assets                 (18.8) 0.0 (4.5)
Other (income) expense                 (45.3) (25.5) (21.7)
Income before income taxes 607.7 616.2 444.8 391.2 485.5 444.5 353.9 318.1 2,060.0 1,602.1 1,353.5
Income tax expense (benefit) 138.8 162.5 94.0 202.4 172.3 155.5 124.7 111.2 597.7 563.7 467.2
Equity in net income of subsidiaries, net of tax                 0.0 0.0 0.0
Net income 468.9 453.7 350.8 188.8         1,462.3 1,038.4 886.3
Net income attributable to noncontrolling interests 2.8 (0.1) (0.2) (0.5)         2.0 0.0 0.0
Net income attributable to D.R. Horton, Inc. $ 466.1 $ 453.8 $ 351.0 $ 189.3 $ 313.2 $ 289.0 $ 229.2 $ 206.9 1,460.3 1,038.4 886.3
D.R Horton, Inc. [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Revenues                 5,835.0 4,773.6 3,947.5
Unaudited Supplemental Consolidating Statement of Operations                      
Cost of sales                 4,612.5 3,827.6 3,163.6
Selling, general and administrative expense                 665.6 584.3 503.8
Goodwill impairment                     0.0
Equity in earnings of unconsolidated entities                 0.0    
Gain on sale of assets                 (2.4)   (4.5)
Other (income) expense                 (6.0) (8.3) (3.1)
Income before income taxes                 565.3 370.0 287.7
Income tax expense (benefit)                 167.9 129.4 98.6
Equity in net income of subsidiaries, net of tax                 1,069.7 798.2 700.6
Net income                 1,467.1 1,038.8 889.7
Net income attributable to noncontrolling interests                 0.0    
Net income attributable to D.R. Horton, Inc.                 1,467.1    
Guarantor Subsidiaries [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Revenues                 9,795.7 8,939.5 7,930.3
Unaudited Supplemental Consolidating Statement of Operations                      
Cost of sales                 7,752.5 7,199.6 6,357.5
Selling, general and administrative expense                 676.1 631.0 592.7
Goodwill impairment                     7.2
Equity in earnings of unconsolidated entities                 0.0    
Gain on sale of assets                 0.0   0.0
Other (income) expense                 (0.2) (1.4) (3.9)
Income before income taxes                 1,367.3 1,110.3 976.8
Income tax expense (benefit)                 406.1 388.6 334.9
Equity in net income of subsidiaries, net of tax                 0.0 0.0 0.0
Net income                 961.2 721.7 641.9
Net income attributable to noncontrolling interests                 0.0    
Net income attributable to D.R. Horton, Inc.                 961.2    
Non-Guarantor Subsidiaries [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Revenues                 488.0 387.0 295.6
Unaudited Supplemental Consolidating Statement of Operations                      
Cost of sales                 74.9 24.1 (7.7)
Selling, general and administrative expense                 335.1 256.3 223.8
Goodwill impairment                     0.0
Equity in earnings of unconsolidated entities                 (5.3)    
Gain on sale of assets                 (16.4)   0.0
Other (income) expense                 (39.1) (15.8) (14.7)
Income before income taxes                 138.8 122.4 94.2
Income tax expense (benefit)                 27.1 45.9 35.5
Equity in net income of subsidiaries, net of tax                 0.0 0.0 0.0
Net income                 111.7 76.5 58.7
Net income attributable to noncontrolling interests                 3.1    
Net income attributable to D.R. Horton, Inc.                 108.6    
Consolidation, Eliminations [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Revenues                 (50.7) (9.1) (16.0)
Unaudited Supplemental Consolidating Statement of Operations                      
Cost of sales                 (41.8) (8.5) (10.8)
Selling, general and administrative expense                 0.0 0.0 0.0
Goodwill impairment                     0.0
Equity in earnings of unconsolidated entities                 2.5    
Gain on sale of assets                 0.0   0.0
Other (income) expense                 0.0 0.0 0.0
Income before income taxes                 (11.4) (0.6) (5.2)
Income tax expense (benefit)                 (3.4) (0.2) (1.8)
Equity in net income of subsidiaries, net of tax                 (1,069.7) (798.2) (700.6)
Net income                 (1,077.7) (798.6) (704.0)
Net income attributable to noncontrolling interests                 (1.1)    
Net income attributable to D.R. Horton, Inc.                 $ (1,076.6)    
Consolidation, Eliminations [Member] | D.R Horton, Inc. [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Prior Period Reclassification Adjustment                   $ 434.5 $ 370.4