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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES    
Net income $ 188.8 $ 206.9
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 16.2 14.4
Amortization of discounts and fees 1.2 1.3
Stock based compensation expense 13.6 9.3
Equity in earnings of unconsolidated entities (2.3) 0.0
Distributions of earnings of unconsolidated entities 0.2 0.0
Excess income tax benefit from employee stock awards 0.0 (0.5)
Deferred income taxes 126.3 8.3
Inventory and land option charges 3.7 2.3
Gain on sale of rental properties (13.4) 0.0
Changes in operating assets and liabilities:    
Increase in construction in progress and finished homes (302.3) (246.3)
Increase in residential land and lots – developed, under development, held for development and held for sale (185.2) (152.6)
Decrease (increase) in other assets 4.3 (4.9)
Decrease in mortgage loans held for sale 49.1 105.7
Increase in accounts payable, accrued expenses and other liabilities 24.8 27.9
Net cash (used in) provided by operating activities (75.0) (28.2)
INVESTING ACTIVITIES    
Expenditures for property and equipment (44.4) (22.2)
Proceeds from sale of rental properties 24.8 0.0
Increase in restricted cash (37.2) (6.0)
Investment in unconsolidated entities (0.1) 0.0
Return of investment in unconsolidated entities 15.0 0.0
Net principal decrease of other mortgage loans and real estate owned 0.1 1.0
Payments related to acquisition of a business, net of cash acquired (156.4) (4.1)
Net cash (used in) provided by investing activities (198.2) (31.3)
FINANCING ACTIVITIES    
Proceeds from notes payable 1,113.9 0.0
Repayment of notes payable (825.8) (0.3)
Payments on mortgage repurchase facility, net (32.6) (54.0)
Proceeds from stock associated with certain employee benefit plans 14.6 2.8
Excess income tax benefit from employee stock awards 0.0 0.5
Cash paid for shares withheld for taxes (10.3) (5.1)
Cash dividends paid (47.0) (37.3)
Repurchases of common stock (25.4) 0.0
Distributions to noncontrolling interests, net (1.7) 0.0
Net cash (used in) provided by financing activities 185.7 (93.4)
DECREASE IN CASH AND CASH EQUIVALENTS (87.5) (152.9)
Cash and cash equivalents at beginning of period 1,007.8 1,303.2
Cash and cash equivalents at end of period 920.3 1,150.3
Supplemental disclosures of non-cash activities:    
Stock issued under employee incentive plans $ 13.9 $ 7.1