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Consolidated Statements of Cash Flows (USD $)
In Millions
12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2009
OPERATING ACTIVITIES   
Net income (loss)$ 71.8$ 245.1$ (549.8)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:   
Depreciation19.918.425.7
Amortization of discounts and fees37.230.810.9
Stock based compensation expense14.213.313.7
Income tax benefit from stock option exercises (2.8) 
Deferred income taxes0 213.5
Loss (gain) on early retirement of debt, net10.84.9(3.9)
Gain on sale of marketable securities(0.1)  
Inventory impairments and land option cost write-offs45.464.7407.7
Changes in operating assets and liabilities:   
(Increase) decrease in construction in progress and finished homes(91.4)156.0180.0
Decrease (increase) in residential land and lots developed, under development, and held for development16.9(11.2)397.0
Decrease in other assets28.72.534.1
Decrease in income taxes receivable3.6277.1383.1
(Increase) decrease in mortgage loans held for sale(40.3)(33.0)131.3
Decrease in accounts payable, accrued expenses and other liabilities(101.8)(56.4)(102.1)
Net cash provided by operating activities14.9709.41,141.2
INVESTING ACTIVITIES   
Purchases of property and equipment(16.3)(19.2)(6.2)
Purchases of marketable securities(300.1)(328.0) 
Proceeds from the sale or maturity of marketable securities292.527.7 
Decrease (increase) in restricted cash4.61.5(53.2)
Net cash used in investing activities(19.3)(318.0)(59.4)
FINANCING ACTIVITIES   
Proceeds from notes payable30.017.8487.5
Repayment of notes payable(519.3)(1,019.9)(956.2)
Proceeds from stock associated with certain employee benefit plans3.47.64.4
Income tax benefit from stock option exercises 2.8 
Cash dividends paid(47.8)(47.7)(47.5)
Purchase of treasury stock(38.6)  
Net cash used in financing activities(572.3)(1,039.4)(511.8)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS(576.7)(648.0)570.0
Cash and cash equivalents at beginning of year1,309.31,957.31,387.3
Cash and cash equivalents at end of year732.61,309.31,957.3
Supplemental cash flow information:   
Interest paid, net of amounts capitalized66.3101.8103.3
Income taxes refunded, net(1.9)(485.4)(603.9)
Supplemental disclosures of non-cash activities:   
Notes payable issued for inventory1.92.8 
Stock issued under Performance Unit Plan$ 4.6