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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Sep. 30, 2021
ASSETS    
Cash and cash equivalents $ 2,540.5 $ 3,210.4
Restricted cash 32.4 26.8
Total cash, cash equivalents and restricted cash 2,572.9 3,237.2
Inventories:    
Construction in progress and finished homes 9,798.2 7,739.2
Residential land and lots — developed and under development 9,173.1 7,781.8
Land held for development 110.8 110.9
Land held for sale 29.4 25.4
Rental properties 2,544.2 821.8
Total inventory 21,655.7 16,479.1
Mortgage loans held for sale 2,386.0 2,027.3
Deferred income taxes, net of valuation allowance of $17.9 million and $4.2 million at September 30, 2022 and 2021, respectively 141.1 155.3
Property and equipment, net 471.6 392.9
Other assets 2,960.3 1,560.6
Goodwill 163.5 163.5
Total assets 30,351.1 24,015.9
LIABILITIES    
Accounts payable 1,360.3 1,177.0
Accrued expenses and other liabilities 3,138.3 2,210.3
Notes payable 6,066.9 5,412.4
Total liabilities 10,565.5 8,799.7
Commitments and Contingencies
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, 399,172,937 shares issued and 343,953,023 shares outstanding at September 30, 2022 and 397,190,100 shares issued and 356,015,843 shares outstanding at September 30, 2021 4.0 4.0
Additional paid-in capital 3,349.5 3,274.8
Retained earnings 19,185.3 13,644.3
Treasury stock, 55,219,914 shares and 41,174,257 shares at September 30, 2022 and 2021, respectively, at cost (3,142.5) (2,036.6)
Stockholders’ equity 19,396.3 14,886.5
Noncontrolling interests 389.3 329.7
Total equity 19,785.6 15,216.2
Total liabilities and equity $ 30,351.1 $ 24,015.9