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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
Net income $ 2,704.1 $ 3,506.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 73.9 63.5
Stock-based compensation expense 101.1 92.7
Deferred income taxes 101.2 29.9
Inventory and land option charges 100.8 34.4
Changes in operating assets and liabilities:    
Increase in construction in progress and finished homes (146.1) (863.0)
Increase in residential land and lots – developed, under development, held for development and held for sale (1,481.1) (2,012.1)
Increase in rental properties (230.8) (375.7)
Increase in other assets (136.5) (154.4)
Increase in mortgage loans held for sale (290.2) (58.9)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 152.7 (34.4)
Net cash provided by operating activities 949.1 228.2
INVESTING ACTIVITIES    
Expenditures for property and equipment (93.6) (133.3)
Proceeds from sale of assets 18.4 14.9
Payments related to business acquisitions, net of cash acquired (53.1) (37.9)
Other investing activities 4.8 (4.8)
Net cash used in investing activities (123.5) (161.1)
FINANCING ACTIVITIES    
Proceeds from notes payable 3,012.0 1,270.0
Repayment of notes payable (1,891.1) (640.4)
Borrowings on mortgage repurchase facilities, net 170.4 21.8
Proceeds from stock associated with certain employee benefit plans 8.5 12.2
Cash paid for shares withheld for taxes (64.2) (82.9)
Cash dividends paid (376.4) (297.5)
Repurchases of common stock (3,576.3) (1,230.3)
Net proceeds from issuance of Forestar common stock 0.0 19.7
Net other financing activities 12.4 (19.8)
Net cash used in financing activities (2,704.7) (947.2)
Net decrease in cash, cash equivalents and restricted cash (1,879.1) (880.1)
Cash, cash equivalents and restricted cash at beginning of period 4,544.0 3,900.1
Cash, cash equivalents and restricted cash at end of period 2,664.9 3,020.0
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES:    
Notes payable issued for inventory 5.5 43.4
Reduction of notes payable upon deconsolidation of variable interest entity 0.0 (127.8)
Stock issued under employee incentive plans 147.2 173.2
Repurchases of common stock not settled $ 23.2 $ 1.5