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v3.19.2

Supplemental Guarantor Information - Statement of Operations (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Jun. 30, 2019 | Jun. 30, 2018
Consolidating Statement of Operations |  |  |  |  |  |  |  |
Revenues | $ 4,906.3 |  |  | $ 4,435.3 |  |  | $ 12,554.0 | $ 11,562.9
Cost of sales | 3,831.6 |  |  | 3,397.2 |  |  | 9,839.4 | 8,939.0
Selling, general and administrative expense | 480.0 |  |  | 434.9 |  |  | 1,327.0 | 1,219.9
Gain on sale of assets | (22.6) |  |  | 0.0 |  |  | (53.9) | (14.5)
Other (income) expense | (9.4) |  |  | (13.0) |  |  | (23.7) | (33.8)
Income before income taxes | 626.7 |  |  | 616.2 |  |  | 1,465.2 | 1,452.3
Income tax expense | 153.1 |  |  | 162.5 |  |  | 350.5 | 458.9
Equity in net income of subsidiaries, net of tax | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Net income | 473.6 | $ 354.4 | $ 286.7 | 453.7 | $ 350.8 | $ 188.8 | 1,114.7 | 993.4
Net income (loss) attributable to noncontrolling interests | (1.2) |  |  | (0.1) |  |  | 1.5 | (0.7)
Net Income (Loss) Attributable to Parent | 474.8 |  |  | 453.8 |  |  | 1,113.2 | 994.1
Eliminations [Member] |  |  |  |  |  |  |  |
Consolidating Statement of Operations |  |  |  |  |  |  |  |
Revenues | (73.1) |  |  | (8.9) |  |  | (141.8) | (22.4)
Cost of sales | (67.3) |  |  | (5.6) |  |  | (127.8) | (16.5)
Selling, general and administrative expense | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Gain on sale of assets | 0.0 |  |  |  |  |  | (2.5) | 0.0
Other (income) expense | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Income before income taxes | (5.8) |  |  | (3.3) |  |  | (11.5) | (5.9)
Income tax expense | (1.5) |  |  | 0.0 |  |  | (2.8) | (1.0)
Equity in net income of subsidiaries, net of tax | (314.6) |  |  | (336.2) |  |  | (764.2) | (747.5)
Net income | (318.9) |  |  | (339.5) |  |  | (772.9) | (752.4)
Net income (loss) attributable to noncontrolling interests | 0.7 |  |  | 3.4 |  |  | 3.4 | 3.4
Net Income (Loss) Attributable to Parent | (319.6) |  |  | (342.9) |  |  | (776.3) | (755.8)
D.R. Horton, Inc. [Member] |  |  |  |  |  |  |  |
Consolidating Statement of Operations |  |  |  |  |  |  |  |
Revenues | 1,939.3 |  |  | 1,630.8 |  |  | 4,850.2 | 4,082.7
Cost of sales | 1,529.6 |  |  | 1,293.3 |  |  | 3,836.6 | 3,235.0
Selling, general and administrative expense | 191.8 |  |  | 174.4 |  |  | 543.3 | 483.4
Gain on sale of assets | 0.0 |  |  |  |  |  | (2.0) | 0.0
Other (income) expense | (0.9) |  |  | (1.5) |  |  | (2.9) | (3.5)
Income before income taxes | 218.8 |  |  | 164.6 |  |  | 475.2 | 367.8
Income tax expense | 53.7 |  |  | 43.8 |  |  | 114.2 | 117.0
Equity in net income of subsidiaries, net of tax | 314.6 |  |  | 336.2 |  |  | 764.2 | 747.5
Net income | 479.7 |  |  | 457.0 |  |  | 1,125.2 | 998.3
Net income (loss) attributable to noncontrolling interests | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Net Income (Loss) Attributable to Parent | 479.7 |  |  | 457.0 |  |  | 1,125.2 | 998.3
Guarantor Subsidiaries [Member] |  |  |  |  |  |  |  |
Consolidating Statement of Operations |  |  |  |  |  |  |  |
Revenues | 2,820.9 |  |  | 2,693.9 |  |  | 7,322.3 | 7,149.0
Cost of sales | 2,286.9 |  |  | 2,092.5 |  |  | 5,957.8 | 5,659.4
Selling, general and administrative expense | 193.4 |  |  | 174.1 |  |  | 523.9 | 490.6
Gain on sale of assets | (0.2) |  |  |  |  |  | (0.2) | 0.0
Other (income) expense | (0.5) |  |  | 0.5 |  |  | (1.3) | (0.2)
Income before income taxes | 341.3 |  |  | 426.8 |  |  | 842.1 | 999.2
Income tax expense | 84.1 |  |  | 113.6 |  |  | 202.3 | 318.7
Equity in net income of subsidiaries, net of tax | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Net income | 257.2 |  |  | 313.2 |  |  | 639.8 | 680.5
Net income (loss) attributable to noncontrolling interests | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Net Income (Loss) Attributable to Parent | 257.2 |  |  | 313.2 |  |  | 639.8 | 680.5
Non-Guarantor Subsidiaries [Member] |  |  |  |  |  |  |  |
Consolidating Statement of Operations |  |  |  |  |  |  |  |
Revenues | 219.2 |  |  | 119.5 |  |  | 523.3 | 353.6
Cost of sales | 82.4 |  |  | 17.0 |  |  | 172.8 | 61.1
Selling, general and administrative expense | 94.8 |  |  | 86.4 |  |  | 259.8 | 245.9
Gain on sale of assets | (22.4) |  |  |  |  |  | (49.2) | (14.5)
Other (income) expense | (8.0) |  |  | (12.0) |  |  | (19.5) | (30.1)
Income before income taxes | 72.4 |  |  | 28.1 |  |  | 159.4 | 91.2
Income tax expense | 16.8 |  |  | 5.1 |  |  | 36.8 | 24.2
Equity in net income of subsidiaries, net of tax | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Net income | 55.6 |  |  | 23.0 |  |  | 122.6 | 67.0
Net income (loss) attributable to noncontrolling interests | (1.9) |  |  | (3.5) |  |  | (1.9) | (4.1)
Net Income (Loss) Attributable to Parent | $ 57.5 |  |  | $ 26.5 |  |  | $ 124.5 | $ 71.1

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