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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Sep. 30, 2022
ASSETS    
Cash and cash equivalents $ 3,873.6 $ 2,540.5
Restricted cash 26.5 32.4
Total cash, cash equivalents and restricted cash 3,900.1 2,572.9
Inventories:    
Construction in progress and finished homes 9,001.4 9,798.2
Residential land and lots — developed and under development 10,621.9 9,173.1
Land held for development 50.0 110.8
Land held for sale 8.7 29.4
Rental properties 2,691.3 2,544.2
Total inventory 22,373.3 21,655.7
Mortgage loans held for sale 2,519.9 2,386.0
Deferred income taxes, net of valuation allowance of $14.8 million and $17.9 million at September 30, 2023 and 2022, respectively 187.2 141.1
Property and equipment, net 445.4 471.6
Other assets 2,993.0 2,960.3
Goodwill 163.5 163.5
Total assets 32,582.4 30,351.1
LIABILITIES    
Accounts payable 1,246.2 1,360.3
Accrued expenses and other liabilities 3,103.8 3,138.3
Notes payable 5,094.5 6,066.9
Total liabilities 9,444.5 10,565.5
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, 401,202,253 shares issued and 334,848,565 shares outstanding at September 30, 2023 and 399,172,937 shares issued and 343,953,023 shares outstanding at September 30, 2022 4.0 4.0
Additional paid-in capital 3,432.2 3,349.5
Retained earnings 23,589.8 19,185.3
Treasury stock, 66,353,688 shares and 55,219,914 shares at September 30, 2023 and 2022, respectively, at cost (4,329.8) (3,142.5)
Stockholders’ equity 22,696.2 19,396.3
Noncontrolling interests 441.7 389.3
Total equity 23,137.9 19,785.6
Total liabilities and equity $ 32,582.4 $ 30,351.1