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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES      
Net income $ 1,462.3 $ 1,038.4 $ 886.3
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization 62.4 54.7 61.0
Amortization of discounts and fees 9.9 5.0 5.4
Stock-based compensation expense 55.8 59.2 49.0
Equity in earnings of unconsolidated entities (2.8) 0.0 0.0
Distributions of earnings of unconsolidated entities 2.0 0.0 0.0
Excess income tax benefit from employee stock awards 0.0 (14.3) (10.0)
Deferred income taxes 170.9 110.8 75.3
Inventory and land option charges 50.4 40.2 31.4
Gain on sale of assets (18.8) 0.0 (4.5)
Goodwill impairment 0.0 0.0 7.2
Changes in operating assets and liabilities:      
(Increase) decrease in construction in progress and finished homes (482.8) (584.4) (496.2)
(Increase) decrease in residential land and lots — developed, under development, held for development and held for sale (573.8) (362.3) (10.3)
(Increase) decrease in other assets (110.6) (63.7) (16.3)
(Increase) decrease in mortgage loans held for sale (208.8) 67.6 (12.4)
Increase in accounts payable, accrued expenses and other liabilities 129.1 89.0 58.0
Net cash provided by (used in) operating activities 545.2 440.2 623.9
INVESTING ACTIVITIES      
Expenditures for property and equipment (68.1) (102.7) (78.1)
Proceeds from sale of assets 292.9 0.0 0.0
Expenditures related to multi-family rental properties (70.2) (54.6) (8.0)
Increase (Decrease) in Restricted Cash (16.4) (7.0) 0.2
Return of investment in unconsolidated entities 17.5 0.0 0.0
Net principal decrease (increase) of other mortgage loans and real estate owned (1.2) 6.2 19.7
Proceeds from (purchases of) debt securities collateralized by residential real estate 7.3 (8.8) 35.8
Payments related to business acquisitions, net of cash acquired (159.2) (4.1) (82.2)
Net cash provided by (used in) investing activities 2.6 (171.0) (112.6)
FINANCING ACTIVITIES      
Proceeds from notes payable 2,163.5 835.0 0.0
Repayment of notes payable (2,181.7) (1,192.3) (544.8)
Advances (payments) on mortgage repurchase facility, net 217.7 (53.0) (4.9)
Proceeds from stock associated with certain employee benefit plans 47.4 46.7 72.4
Excess income tax benefit from employee stock awards 0.0 14.3 10.0
Cash paid for shares withheld for taxes (10.3) (5.1) (5.9)
Cash dividends paid (188.4) (149.6) (118.7)
Repurchases of common stock (127.5) (60.6)  
Distributions to noncontrolling interests, net (3.2) 0.0 0.0
Net cash provided by (used in) financing activities (82.5) (564.6) (591.9)
Increase (decrease) in cash and cash equivalents 465.3 (295.4) (80.6)
Cash and cash equivalents at beginning of year 1,007.8 1,303.2 1,383.8
Cash and cash equivalents at end of year 1,473.1 1,007.8 1,303.2
Supplemental cash flow information:      
Income taxes paid (refunded), net 387.2 446.4 389.9
Supplemental disclosures of non-cash activities:      
Notes payable issued for inventory 0.0 4.5 4.2
Stock issued under employee incentive plans 64.0 31.9 20.1
Accrued expenditures for property and equipment 10.7 16.3 4.3
Accrual for holdback payment related to acquisition $ 0.0 $ 0.0 $ 9.7