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Supplemental Guarantor Information (Tables) | 9 Months Ended
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Sep. 30, 2013
Supplemental Guarantor Information [Abstract] |
Consolidating Balance Sheet | CONDENSED CONSOLIDATING BALANCE SHEET SEPTEMBER 30, 2013 ($000’s omitted)
| Unconsolidated |  | Eliminating Entries |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |
ASSETS |  |  |  |  |  |  |  |  |
Cash and equivalents | $ | 187,299 |  |  | $ | 1,080,993 |  |  | $ | 81,702 |  |  | $ | — |  |  | $ | 1,349,994 |
Restricted cash | 53,672 |  |  | 4,455 |  |  | 11,294 |  |  | — |  |  | 69,421 |
House and land inventory | — |  |  | 4,150,254 |  |  | 710 |  |  | — |  |  | 4,150,964 |
Land held for sale | — |  |  | 64,066 |  |  | 1,034 |  |  | — |  |  | 65,100 |
Land, not owned, under option agreements | — |  |  | 27,612 |  |  | — |  |  | — |  |  | 27,612 |
Residential mortgage loans available- for-sale | — |  |  | — |  |  | 296,922 |  |  | — |  |  | 296,922 |
Investments in unconsolidated entities | 66 |  |  | 40,983 |  |  | 3,957 |  |  | — |  |  | 45,006 |
Other assets | 40,125 |  |  | 353,549 |  |  | 46,850 |  |  | — |  |  | 440,524 |
Intangible assets | — |  |  | 139,423 |  |  | — |  |  | — |  |  | 139,423 |
Deferred tax assets, net | 2,087,306 |  |  | 20 |  |  | 21,430 |  |  | — |  |  | 2,108,756 |
Investments in subsidiaries and intercompany accounts, net | 4,461,536 |  |  | 644,702 |  |  | 5,035,100 |  |  | (10,141,338 | ) |  | — |
| $ | 6,830,004 |  |  | $ | 6,506,057 |  |  | $ | 5,498,999 |  |  | $ | (10,141,338 | ) |  | $ | 8,693,722 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable, customer deposits, accrued and other liabilities | $ | 84,792 |  |  | $ | 1,470,586 |  |  | $ | 278,034 |  |  | $ | — |  |  | $ | 1,833,412 |
Income tax liabilities | 196,870 |  |  | — |  |  | — |  |  | — |  |  | 196,870 |
Financial Services debt | — |  |  | — |  |  | 115,098 |  |  | — |  |  | 115,098 |
Senior notes | 2,056,657 |  |  | — |  |  | — |  |  | — |  |  | 2,056,657 |
Total liabilities | 2,338,319 |  |  | 1,470,586 |  |  | 393,132 |  |  | — |  |  | 4,202,037 |
Total shareholders’ equity | 4,491,685 |  |  | 5,035,471 |  |  | 5,105,867 |  |  | (10,141,338 | ) |  | 4,491,685 |
| $ | 6,830,004 |  |  | $ | 6,506,057 |  |  | $ | 5,498,999 |  |  | $ | (10,141,338 | ) |  | $ | 8,693,722 |
CONDENSED CONSOLIDATING BALANCE SHEET DECEMBER 31, 2012 ($000’s omitted)
| Unconsolidated |  | Eliminating Entries |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |
ASSETS |  |  |  |  |  |  |  |  |
Cash and equivalents | $ | 146,168 |  |  | $ | 1,063,943 |  |  | $ | 194,649 |  |  | $ | — |  |  | $ | 1,404,760 |
Restricted cash | 54,546 |  |  | 3,365 |  |  | 14,039 |  |  | — |  |  | 71,950 |
House and land inventory | — |  |  | 4,210,201 |  |  | 3,845 |  |  | — |  |  | 4,214,046 |
Land held for sale | — |  |  | 91,104 |  |  | — |  |  | — |  |  | 91,104 |
Land, not owned, under option agreements | — |  |  | 31,066 |  |  | — |  |  | — |  |  | 31,066 |
Residential mortgage loans available- for-sale | — |  |  | — |  |  | 318,931 |  |  | — |  |  | 318,931 |
Investments in unconsolidated entities | 1,528 |  |  | 40,973 |  |  | 3,128 |  |  | — |  |  | 45,629 |
Other assets | 28,951 |  |  | 324,109 |  |  | 54,615 |  |  | — |  |  | 407,675 |
Intangible assets | — |  |  | 149,248 |  |  | — |  |  | — |  |  | 149,248 |
Investments in subsidiaries and intercompany accounts, net | 4,723,466 |  |  | 7,198,710 |  |  | 6,296,915 |  |  | (18,219,091 | ) |  | — |
| $ | 4,954,659 |  |  | $ | 13,112,719 |  |  | $ | 6,886,122 |  |  | $ | (18,219,091 | ) |  | $ | 6,734,409 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable, customer deposits, accrued and other liabilities | $ | 56,565 |  |  | $ | 1,343,653 |  |  | $ | 297,302 |  |  | $ | — |  |  | $ | 1,697,520 |
Income tax liabilities | 198,865 |  |  | — |  |  | — |  |  | — |  |  | 198,865 |
Financial Services debt | — |  |  | — |  |  | 138,795 |  |  | — |  |  | 138,795 |
Senior notes | 2,509,613 |  |  | — |  |  | — |  |  | — |  |  | 2,509,613 |
Total liabilities | 2,765,043 |  |  | 1,343,653 |  |  | 436,097 |  |  | — |  |  | 4,544,793 |
Total shareholders’ equity | 2,189,616 |  |  | 11,769,066 |  |  | 6,450,025 |  |  | (18,219,091 | ) |  | 2,189,616 |
| $ | 4,954,659 |  |  | $ | 13,112,719 |  |  | $ | 6,886,122 |  |  | $ | (18,219,091 | ) |  | $ | 6,734,409 |
Consolidating Statement of Operations and Comprehensive Income (Loss) | CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the three months ended September 30, 2013 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 1,491,959 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,491,959 |
Land sale revenues | — |  |  | 55,783 |  |  | — |  |  | — |  |  | 55,783 |
| — |  |  | 1,547,742 |  |  | — |  |  | — |  |  | 1,547,742 |
Financial Services | — |  |  | 649 |  |  | 33,687 |  |  | — |  |  | 34,336 |
| — |  |  | 1,548,391 |  |  | 33,687 |  |  | — |  |  | 1,582,078 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | 1,180,137 |  |  | — |  |  | — |  |  | 1,180,137 |
Land sale cost of revenues | — |  |  | 49,933 |  |  | — |  |  | — |  |  | 49,933 |
| — |  |  | 1,230,070 |  |  | — |  |  | — |  |  | 1,230,070 |
Financial Services expenses | 209 |  |  | 145 |  |  | 22,890 |  |  | — |  |  | 23,244 |
Selling, general and administrative expenses | — |  |  | 138,629 |  |  | 8 |  |  | — |  |  | 138,637 |
Other expense (income), net | 3,844 |  |  | 10,860 |  |  | 2,351 |  |  | — |  |  | 17,055 |
Interest income | (91 | ) |  | (928 | ) |  | (17 | ) |  | — |  |  | (1,036 | )
Interest expense | 171 |  |  | — |  |  | — |  |  | — |  |  | 171 |
Equity in (earnings) loss of unconsolidated entities | 2 |  |  | (570 | ) |  | (217 | ) |  | — |  |  | (785 | )
Intercompany interest | (158,633 | ) |  | 162,739 |  |  | (4,106 | ) |  | — |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | 154,498 |  |  | 7,446 |  |  | 12,778 |  |  | — |  |  | 174,722 |
Income tax expense (benefit) | (2,108,148 | ) |  | (1,692 | ) |  | 2,678 |  |  | — |  |  | (2,107,162 | )
Income (loss) before equity in income (loss) of subsidiaries | 2,262,646 |  |  | 9,138 |  |  | 10,100 |  |  | — |  |  | 2,281,884 |
Equity in income (loss) of subsidiaries | 19,238 |  |  | 11,316 |  |  | 94,212 |  |  | (124,766 | ) |  | — |
Net income (loss) | 2,281,884 |  |  | 20,454 |  |  | 104,312 |  |  | (124,766 | ) |  | 2,281,884 |
Other comprehensive income | 77 |  |  | — |  |  | — |  |  | — |  |  | 77 |
Comprehensive income | $ | 2,281,961 |  |  | $ | 20,454 |  |  | $ | 104,312 |  |  | $ | (124,766 | ) |  | $ | 2,281,961 |
CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the three months ended September 30, 2012 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 1,232,704 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,232,704 |
Land sale revenues | — |  |  | 22,623 |  |  | — |  |  | — |  |  | 22,623 |
| — |  |  | 1,255,327 |  |  | — |  |  | — |  |  | 1,255,327 |
Financial Services | — |  |  | 537 |  |  | 46,727 |  |  | — |  |  | 47,264 |
| — |  |  | 1,255,864 |  |  | 46,727 |  |  | — |  |  | 1,302,591 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | 1,023,704 |  |  | — |  |  | — |  |  | 1,023,704 |
Land sale cost of revenues | — |  |  | 21,061 |  |  | — |  |  | — |  |  | 21,061 |
| — |  |  | 1,044,765 |  |  | — |  |  | — |  |  | 1,044,765 |
Financial Services expenses | (5 | ) |  | 123 |  |  | 20,460 |  |  | — |  |  | 20,578 |
Selling, general and administrative expenses | — |  |  | 124,410 |  |  | 781 |  |  | — |  |  | 125,191 |
Other expense (income), net | (10 | ) |  | 7,315 |  |  | 148 |  |  | — |  |  | 7,453 |
Interest income | (55 | ) |  | (1,141 | ) |  | (23 | ) |  | — |  |  | (1,219 | )
Interest expense | 201 |  |  | — |  |  | — |  |  | — |  |  | 201 |
Equity in (earnings) loss of unconsolidated entities | — |  |  | (150 | ) |  | (134 | ) |  | — |  |  | (284 | )
Intercompany interest | 159,014 |  |  | (155,576 | ) |  | (3,438 | ) |  | — |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | (159,145 | ) |  | 236,118 |  |  | 28,933 |  |  | — |  |  | 105,906 |
Income tax expense (benefit) | (9,738 | ) |  | (10,648 | ) |  | 9,659 |  |  | — |  |  | (10,727 | )
Income (loss) before equity in income (loss) of subsidiaries | (149,407 | ) |  | 246,766 |  |  | 19,274 |  |  | — |  |  | 116,633 |
Equity in income (loss) of subsidiaries | 266,040 |  |  | 19,387 |  |  | 183,738 |  |  | (469,165 | ) |  | — |
Net income (loss) | 116,633 |  |  | 266,153 |  |  | 203,012 |  |  | (469,165 | ) |  | 116,633 |
Other comprehensive income | 58 |  |  | — |  |  | — |  |  | — |  |  | 58 |
Comprehensive income (loss) | $ | 116,691 |  |  | $ | 266,153 |  |  | $ | 203,012 |  |  | $ | (469,165 | ) |  | $ | 116,691 |
CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the nine months ended September 30, 2013 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 3,811,386 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,811,386 |
Land sale revenues | — |  |  | 102,299 |  |  | — |  |  | — |  |  | 102,299 |
| — |  |  | 3,913,685 |  |  | — |  |  | — |  |  | 3,913,685 |
Financial Services | — |  |  | 1,759 |  |  | 108,812 |  |  | — |  |  | 110,571 |
| — |  |  | 3,915,444 |  |  | 108,812 |  |  | — |  |  | 4,024,256 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | 3,072,425 |  |  | — |  |  | — |  |  | 3,072,425 |
Land sale cost of revenues | — |  |  | 92,661 |  |  | — |  |  | — |  |  | 92,661 |
| — |  |  | 3,165,086 |  |  | — |  |  | — |  |  | 3,165,086 |
Financial Services expenses | 625 |  |  | 369 |  |  | 67,873 |  |  | — |  |  | 68,867 |
Selling, general and administrative expenses | — |  |  | 417,495 |  |  | 1,299 |  |  | — |  |  | 418,794 |
Other expense (income), net | 26,887 |  |  | 48,379 |  |  | 3,900 |  |  | — |  |  | 79,166 |
Interest income | (257 | ) |  | (2,985 | ) |  | (79 | ) |  | — |  |  | (3,321 | )
Interest expense | 544 |  |  | — |  |  | — |  |  | — |  |  | 544 |
Equity in (earnings) loss of unconsolidated entities | 1,462 |  |  | (916 | ) |  | (828 | ) |  | — |  |  | (282 | )
Intercompany interest | 16,647 |  |  | (9,658 | ) |  | (6,989 | ) |  | — |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | (45,908 | ) |  | 297,674 |  |  | 43,636 |  |  | — |  |  | 295,402 |
Income tax expense (benefit) | (2,108,019 | ) |  | (9,658 | ) |  | 13,016 |  |  | — |  |  | (2,104,661 | )
Income (loss) before equity in income (loss) of subsidiaries | 2,062,111 |  |  | 307,332 |  |  | 30,620 |  |  | — |  |  | 2,400,063 |
Equity in income (loss) of subsidiaries | 337,952 |  |  | 33,292 |  |  | 295,673 |  |  | (666,917 | ) |  | — |
Net income (loss) | 2,400,063 |  |  | 340,624 |  |  | 326,293 |  |  | (666,917 | ) |  | 2,400,063 |
Other comprehensive income | 273 |  |  | — |  |  | — |  |  | — |  |  | 273 |
Comprehensive income | $ | 2,400,336 |  |  | $ | 340,624 |  |  | $ | 326,293 |  |  | $ | (666,917 | ) |  | $ | 2,400,336 |
CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the nine months ended September 30, 2012 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 3,070,895 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,070,895 |
Land sale revenues | — |  |  | 69,770 |  |  | — |  |  | — |  |  | 69,770 |
| — |  |  | 3,140,665 |  |  | — |  |  | — |  |  | 3,140,665 |
Financial Services | — |  |  | 1,367 |  |  | 111,000 |  |  |  |  |  | 112,367 |
| — |  |  | 3,142,032 |  |  | 111,000 |  |  | — |  |  | 3,253,032 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | 2,605,249 |  |  | — |  |  |  |  |  | 2,605,249 |
Land sale cost of revenues | — |  |  | 62,069 |  |  | — |  |  |  |  |  | 62,069 |
| — |  |  | 2,667,318 |  |  | — |  |  | — |  |  | 2,667,318 |
Financial Services expenses | 165 |  |  | 396 |  |  | 62,353 |  |  |  |  |  | 62,914 |
Selling, general and administrative expenses | — |  |  | 370,076 |  |  | 2,615 |  |  |  |  |  | 372,691 |
Other expense (income), net | (30 | ) |  | 21,774 |  |  | 2,826 |  |  |  |  |  | 24,570 |
Interest income | (178 | ) |  | (3,335 | ) |  | (69 | ) |  |  |  |  | (3,582 | )
Interest expense | 616 |  |  | — |  |  | — |  |  |  |  |  | 616 |
Equity in (earnings) loss of unconsolidated entities | (2 | ) |  | (3,312 | ) |  | (522 | ) |  |  |  |  | (3,836 | )
Intercompany interest | 421,479 |  |  | (411,405 | ) |  | (10,074 | ) |  |  |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | (422,050 | ) |  | 500,520 |  |  | 53,871 |  |  | — |  |  | 132,341 |
Income tax expense (benefit) | 9,518 |  |  | (14,842 | ) |  | (9,738 | ) |  |  |  |  | (15,062 | )
Income (loss) before equity in income (loss) of subsidiaries | (431,568 | ) |  | 515,362 |  |  | 63,609 |  |  | — |  |  | 147,403 |
Equity in income (loss) of subsidiaries | 578,971 |  |  | 64,123 |  |  | 329,332 |  |  | (972,426 | ) |  | — |
Net income (loss) | 147,403 |  |  | 579,485 |  |  | 392,941 |  |  | (972,426 | ) |  | 147,403 |
Other comprehensive income | 173 |  |  | — |  |  | — |  |  | — |  |  | 173 |
Comprehensive income | $ | 147,576 |  |  | $ | 579,485 |  |  | $ | 392,941 |  |  | $ | (972,426 | ) |  | $ | 147,576 |
Consolidating Statement Of Cash Flows | CONSOLIDATING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2013 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Net cash provided by (used in) operating activities | $ | 15,822 |  |  | $ | 511,801 |  |  | $ | 27,327 |  |  | $ | — |  |  | $ | 554,950 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Distributions from unconsolidated entities | — |  |  | 200 |  |  | — |  |  | — |  |  | 200 |
Investments in unconsolidated entities | — |  |  | (1,057 | ) |  | — |  |  | — |  |  | (1,057 | )
Net change in loans held for investment | — |  |  | — |  |  | 236 |  |  | — |  |  | 236 |
Change in restricted cash related to letters of credit | 875 |  |  | — |  |  | — |  |  | — |  |  | 875 |
Proceeds from the sale of property and equipment | — |  |  | 9 |  |  | — |  |  | — |  |  | 9 |
Capital expenditures | — |  |  | (16,679 | ) |  | (1,675 | ) |  | — |  |  | (18,354 | )
Net cash provided by (used in) investing activities | 875 |  |  | (17,527 | ) |  | (1,439 | ) |  | — |  |  | (18,091 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Financial Services borrowings (repayments) | — |  |  | — |  |  | (23,697 | ) |  | — |  |  | (23,697 | )
Other borrowings (repayments) | (485,048 | ) |  | 7,828 |  |  | — |  |  | — |  |  | (477,220 | )
Stock option exercises | 18,549 |  |  | — |  |  | — |  |  | — |  |  | 18,549 |
Stock repurchases | (89,940 | ) |  | — |  |  | — |  |  | — |  |  | (89,940 | )
Dividends paid | (19,317 | ) |  | — |  |  | — |  |  | — |  |  | (19,317 | )
Intercompany activities, net | 600,190 |  |  | (485,052 | ) |  | (115,138 | ) |  | — |  |  | — |
Net cash provided by (used in) financing activities | 24,434 |  |  | (477,224 | ) |  | (138,835 | ) |  | — |  |  | (591,625 | )
Net increase (decrease) in cash and equivalents | 41,131 |  |  | 17,050 |  |  | (112,947 | ) |  | — |  |  | (54,766 | )
Cash and equivalents at beginning of period | 146,168 |  |  | 1,063,943 |  |  | 194,649 |  |  | — |  |  | 1,404,760 |
Cash and equivalents at end of period | $ | 187,299 |  |  | $ | 1,080,993 |  |  | $ | 81,702 |  |  | $ | — |  |  | $ | 1,349,994 |
CONSOLIDATING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2012 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Net cash provided by (used in) operating activities | $ | (397,371 | ) |  | $ | 765,922 |  |  | $ | 52,681 |  |  | $ | — |  |  | $ | 421,232 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Distributions from unconsolidated entities | — |  |  | 2,696 |  |  | — |  |  | — |  |  | 2,696 |
Investments in unconsolidated entities | — |  |  | (1,266 | ) |  | — |  |  | — |  |  | (1,266 | )
Net change in loans held for investment | — |  |  | — |  |  | 736 |  |  | — |  |  | 736 |
Change in restricted cash related to letters of credit | 26,096 |  |  | — |  |  | — |  |  | — |  |  | 26,096 |
Proceeds from the sale of property and equipment | — |  |  | 4,705 |  |  | — |  |  | — |  |  | 4,705 |
Capital expenditures | — |  |  | (8,398 | ) |  | (2,199 | ) |  | — |  |  | (10,597 | )
Net cash provided by (used in) investing activities | 26,096 |  |  | (2,263 | ) |  | (1,463 | ) |  | — |  |  | 22,370 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Financial Services borrowings (repayments) | — |  |  | — |  |  | 103,000 |  |  | — |  |  | 103,000 |
Other borrowings (repayments) | (96,393 | ) |  | 3,900 |  |  | — |  |  | — |  |  | (92,493 | )
Stock option exercises | 27,432 |  |  | — |  |  | — |  |  | — |  |  | 27,432 |
Stock repurchases | (961 | ) |  | — |  |  | — |  |  | — |  |  | (961 | )
Intercompany activities, net | 465,471 |  |  | (305,997 | ) |  | (159,474 | ) |  | — |  |  | — |
Net cash provided by (used in) financing activities | 395,549 |  |  | (302,097 | ) |  | (56,474 | ) |  | — |  |  | 36,978 |
Net increase (decrease) in cash and equivalents | 24,274 |  |  | 461,562 |  |  | (5,256 | ) |  | — |  |  | 480,580 |
Cash and equivalents at beginning of period | 119,287 |  |  | 875,561 |  |  | 88,223 |  |  | — |  |  | 1,083,071 |
Cash and equivalents at end of period | $ | 143,561 |  |  | $ | 1,337,123 |  |  | $ | 82,967 |  |  | $ | — |  |  | $ | 1,563,651 |

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