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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES      
Net income $ 3,620.9 $ 4,806.0 $ 4,795.2
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization 101.3 87.1 91.6
Stock-based compensation expense 131.0 118.1 111.2
Deferred income taxes 123.2 19.0 (45.9)
Inventory and land option charges 158.1 78.8 80.3
Changes in operating assets and liabilities:      
Decrease in construction in progress and finished homes 1,228.8 141.3 861.8
Increase in residential land and lots — developed, under development, held for development and held for sale (1,884.3) (2,576.5) (1,226.4)
Decrease (increase) in rental properties 195.4 (214.6) (151.8)
(Increase) decrease in other assets (248.2) (331.4) 23.8
(Increase) decrease in mortgage loans held for sale (89.0) 42.4 (133.9)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 83.7 19.6 (101.8)
Net cash provided by operating activities 3,420.9 2,189.8 4,304.1
INVESTING ACTIVITIES      
Expenditures for property and equipment (137.4) (165.3) (148.6)
Proceeds from sale of assets 22.9 19.4 52.0
Payments related to business acquisitions, net of cash acquired (53.1) (40.4) (212.9)
Other investing activities (1.1) (4.3) (0.7)
Net cash used in investing activities (168.7) (190.6) (310.2)
FINANCING ACTIVITIES      
Proceeds from notes payable 3,272.0 2,086.3 711.0
Repayment of notes payable (3,142.8) (1,055.8) (1,823.9)
(Repayment) borrowings on mortgage repurchase facilities, net (125.5) (135.8) 51.3
Proceeds from stock associated with certain employee benefit plans 18.5 20.6 25.5
Cash paid for shares withheld for taxes (64.2) (83.9) (56.1)
Cash dividends paid (494.8) (395.2) (341.2)
Repurchases of common stock (4,281.6) (1,787.5) (1,178.5)
Net proceeds from issuance of Forestar common stock 0.0 19.7 0.0
Net other financing activities 55.5 (23.7) (54.8)
Net cash used in financing activities (4,762.9) (1,355.3) (2,666.7)
Net (decrease) increase in cash, cash equivalents and restricted cash (1,510.7) 643.9 1,327.2
Total cash, cash equivalents and restricted cash 3,033.3 4,544.0 3,900.1
Supplemental cash flow information:      
Income taxes paid, net 1,020.5 1,669.7 1,442.0
Supplemental disclosures of non-cash activities:      
Notes payable issued for inventory 5.5 43.4 54.5
Reduction of notes payable upon deconsolidation of variable interest entity 0.0 (127.8) 0.0
Stock issued under employee incentive plans $ 147.6 $ 174.3 $ 111.4