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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES      
Net income $ 5,895.6 $ 4,191.2 $ 2,380.5
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization 81.4 82.1 90.6
Stock-based compensation expense 105.1 91.4 77.8
Deferred income taxes 29.1 (10.0) 14.1
Inventory and land option charges 70.4 28.6 23.8
Gain on sale of assets 0.0 (14.0) (59.5)
Loss on extinguishment of debt 0.0 18.1 0.0
Changes in operating assets and liabilities:      
Increase in construction in progress and finished homes (2,059.0) (1,734.9) (739.1)
Increase in residential land and lots — developed, under development, held for development and held for sale (1,402.8) (1,720.6) (324.4)
Increase in rental properties (1,723.2) (303.6) 0.0
Increase in other assets (1,111.5) (440.7) (151.4)
Increase in mortgage loans held for sale (358.8) (498.3) (457.0)
Increase in accounts payable, accrued expenses and other liabilities 1,035.5 845.1 566.2
Net cash provided by operating activities 561.8 534.4 1,421.6
INVESTING ACTIVITIES      
Expenditures for property and equipment (148.2) (93.5) (96.5)
Proceeds from sale of assets 0.0 37.6 129.8
Expenditures related to rental properties 0.0 (173.9) (190.3)
Payments related to business acquisitions, net of cash acquired (271.5) (24.5) (9.7)
Other investing activities 4.8 2.1 0.6
Net cash used in investing activities (414.9) (252.2) (166.1)
FINANCING ACTIVITIES      
Proceeds from notes payable 4,250.0 1,541.6 2,346.1
Repayment of notes payable (3,801.2) (826.3) (1,682.9)
Advances on mortgage repurchase facility, net 123.7 362.0 243.7
Proceeds from stock associated with certain employee benefit plans 33.2 22.7 23.4
Cash paid for shares withheld for taxes (62.0) (78.5) (38.2)
Cash dividends paid (316.5) (289.3) (256.0)
Repurchases of common stock (1,131.5) (848.4) (360.4)
Net proceeds from issuance of Forestar common stock 1.7 33.5 0.0
Net other financing activities 91.4 (2.4) (5.1)
Net cash (used in) provided by financing activities (811.2) (85.1) 270.6
Net (decrease) increase in cash, cash equivalents and restricted cash (664.3) 197.1 1,526.1
Total cash, cash equivalents and restricted cash 2,572.9 3,237.2 3,040.1
Supplemental cash flow information:      
Income taxes paid, net 1,701.1 1,137.8 581.3
Supplemental disclosures of non-cash activities:      
Notes payable issued for inventory 64.3 12.5 5.1
Stock issued under employee incentive plans 130.9 124.7 84.4
Repurchase of common stock not settled $ 0.0 $ 25.6 $ 0.0