XML 65 R54.htm IDEA: XBRL DOCUMENT v3.19.2
Supplemental Guarantor Information - Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Jun. 30, 2019
Jun. 30, 2018
Consolidating Statement of Operations                
Revenues $ 4,906.3     $ 4,435.3     $ 12,554.0 $ 11,562.9
Cost of sales 3,831.6     3,397.2     9,839.4 8,939.0
Selling, general and administrative expense 480.0     434.9     1,327.0 1,219.9
Gain on sale of assets (22.6)     0.0     (53.9) (14.5)
Other (income) expense (9.4)     (13.0)     (23.7) (33.8)
Income before income taxes 626.7     616.2     1,465.2 1,452.3
Income tax expense 153.1     162.5     350.5 458.9
Equity in net income of subsidiaries, net of tax 0.0     0.0     0.0 0.0
Net income 473.6 $ 354.4 $ 286.7 453.7 $ 350.8 $ 188.8 1,114.7 993.4
Net income (loss) attributable to noncontrolling interests (1.2)     (0.1)     1.5 (0.7)
Net Income (Loss) Attributable to Parent 474.8     453.8     1,113.2 994.1
Eliminations [Member]                
Consolidating Statement of Operations                
Revenues (73.1)     (8.9)     (141.8) (22.4)
Cost of sales (67.3)     (5.6)     (127.8) (16.5)
Selling, general and administrative expense 0.0     0.0     0.0 0.0
Gain on sale of assets 0.0           (2.5) 0.0
Other (income) expense 0.0     0.0     0.0 0.0
Income before income taxes (5.8)     (3.3)     (11.5) (5.9)
Income tax expense (1.5)     0.0     (2.8) (1.0)
Equity in net income of subsidiaries, net of tax (314.6)     (336.2)     (764.2) (747.5)
Net income (318.9)     (339.5)     (772.9) (752.4)
Net income (loss) attributable to noncontrolling interests 0.7     3.4     3.4 3.4
Net Income (Loss) Attributable to Parent (319.6)     (342.9)     (776.3) (755.8)
D.R. Horton, Inc. [Member]                
Consolidating Statement of Operations                
Revenues 1,939.3     1,630.8     4,850.2 4,082.7
Cost of sales 1,529.6     1,293.3     3,836.6 3,235.0
Selling, general and administrative expense 191.8     174.4     543.3 483.4
Gain on sale of assets 0.0           (2.0) 0.0
Other (income) expense (0.9)     (1.5)     (2.9) (3.5)
Income before income taxes 218.8     164.6     475.2 367.8
Income tax expense 53.7     43.8     114.2 117.0
Equity in net income of subsidiaries, net of tax 314.6     336.2     764.2 747.5
Net income 479.7     457.0     1,125.2 998.3
Net income (loss) attributable to noncontrolling interests 0.0     0.0     0.0 0.0
Net Income (Loss) Attributable to Parent 479.7     457.0     1,125.2 998.3
Guarantor Subsidiaries [Member]                
Consolidating Statement of Operations                
Revenues 2,820.9     2,693.9     7,322.3 7,149.0
Cost of sales 2,286.9     2,092.5     5,957.8 5,659.4
Selling, general and administrative expense 193.4     174.1     523.9 490.6
Gain on sale of assets (0.2)           (0.2) 0.0
Other (income) expense (0.5)     0.5     (1.3) (0.2)
Income before income taxes 341.3     426.8     842.1 999.2
Income tax expense 84.1     113.6     202.3 318.7
Equity in net income of subsidiaries, net of tax 0.0     0.0     0.0 0.0
Net income 257.2     313.2     639.8 680.5
Net income (loss) attributable to noncontrolling interests 0.0     0.0     0.0 0.0
Net Income (Loss) Attributable to Parent 257.2     313.2     639.8 680.5
Non-Guarantor Subsidiaries [Member]                
Consolidating Statement of Operations                
Revenues 219.2     119.5     523.3 353.6
Cost of sales 82.4     17.0     172.8 61.1
Selling, general and administrative expense 94.8     86.4     259.8 245.9
Gain on sale of assets (22.4)           (49.2) (14.5)
Other (income) expense (8.0)     (12.0)     (19.5) (30.1)
Income before income taxes 72.4     28.1     159.4 91.2
Income tax expense 16.8     5.1     36.8 24.2
Equity in net income of subsidiaries, net of tax 0.0     0.0     0.0 0.0
Net income 55.6     23.0     122.6 67.0
Net income (loss) attributable to noncontrolling interests (1.9)     (3.5)     (1.9) (4.1)
Net Income (Loss) Attributable to Parent $ 57.5     $ 26.5     $ 124.5 $ 71.1