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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Sep. 30, 2022
ASSETS    
Cash and cash equivalents $ 3,051.1 $ 2,540.5
Restricted cash 23.5 32.4
Total cash, cash equivalents and restricted cash 3,074.6 2,572.9
Inventories:    
Construction in progress and finished homes 9,290.6 9,798.2
Residential land and lots — developed and under development 9,940.4 9,173.1
Land held for development 88.3 110.8
Land held for sale 20.4 29.4
Rental properties 3,232.0 2,544.2
Total inventories 22,571.7 21,655.7
Mortgage loans held for sale 2,124.0 2,386.0
Deferred income taxes, net of valuation allowance of $17.8 million and $17.9 million at March 31, 2023 and September 30, 2022, respectively 112.3 141.1
Property and equipment, net 509.6 471.6
Other assets 2,615.1 2,960.3
Goodwill 163.5 163.5
Total assets 31,170.8 30,351.1
LIABILITIES    
Accounts payable 1,251.3 1,360.3
Accrued expenses and other liabilities 2,830.8 3,138.3
Notes payable 5,966.9 6,066.9
Total liabilities 10,049.0 10,565.5
Commitments and contingencies (Note K)
EQUITY    
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued 0.0 0.0
Common stock, $.01 par value, 1,000,000,000 shares authorized, 400,830,778 shares issued and 341,070,276 shares outstanding at March 31, 2023 and 399,172,937 shares issued and 343,953,023 shares outstanding at September 30, 2022 4.0 4.0
Additional paid-in capital 3,358.0 3,349.5
Retained earnings 20,914.5 19,185.3
Treasury stock, 59,760,502 shares and 55,219,914 shares at March 31, 2023 and September 30, 2022, respectively, at cost (3,563.8) (3,142.5)
Stockholders’ equity 20,712.7 19,396.3
Noncontrolling interests 409.1 389.3
Total equity 21,121.8 19,785.6
Total liabilities and equity $ 31,170.8 $ 30,351.1