XML 53 R23.htm IDEA: XBRL DOCUMENT
v3.19.3

Supplemental Guarantor Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Supplemental Guarantor Information [Abstract] |
Consolidating Balance Sheet | CONDENSED CONSOLIDATING BALANCE SHEET SEPTEMBER 30, 2019 ($000’s omitted)
| Unconsolidated |  | Eliminating Entries |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |
ASSETS |  |  |  |  |  |  |  |  |
Cash and equivalents | $ | — |  |  | $ | 688,125 |  |  | $ | 48,861 |  |  | $ | — |  |  | $ | 736,986 |
Restricted cash | — |  |  | 29,685 |  |  | 1,973 |  |  | — |  |  | 31,658 |
Total cash, cash equivalents, and restricted cash | — |  |  | 717,810 |  |  | 50,834 |  |  | — |  |  | 768,644 |
House and land inventory | — |  |  | 7,718,786 |  |  | 111,273 |  |  | — |  |  | 7,830,059 |
Land held for sale | — |  |  | 34,001 |  |  | 494 |  |  | — |  |  | 34,495 |
Residential mortgage loans available- for-sale | — |  |  | — |  |  | 383,893 |  |  | — |  |  | 383,893 |
Investments in unconsolidated entities | — |  |  | 61,639 |  |  | 543 |  |  | — |  |  | 62,182 |
Other assets | 12,918 |  |  | 662,912 |  |  | 189,016 |  |  | — |  |  | 864,846 |
Intangible assets | — |  |  | 128,592 |  |  | — |  |  |  |  |  | 128,592 |
Deferred tax assets, net | 199,875 |  |  | — |  |  | (8,073 | ) |  | — |  |  | 191,802 |
Investments in subsidiaries and intercompany accounts, net | 7,790,167 |  |  | 861,532 |  |  | 9,154,242 |  |  | (17,805,941 | ) |  | — |
| $ | 8,002,960 |  |  | $ | 10,185,272 |  |  | $ | 9,882,222 |  |  | $ | (17,805,941 | ) |  | $ | 10,264,513 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable, customer deposits, accrued and other liabilities | $ | 71,221 |  |  | $ | 1,718,707 |  |  | $ | 260,828 |  |  | $ | — |  |  | $ | 2,050,756 |
Income tax liabilities | 38,624 |  |  | — |  |  | — |  |  | — |  |  | 38,624 |
Financial Services debt | — |  |  | — |  |  | 249,360 |  |  | — |  |  | 249,360 |
Notes payable | 2,711,523 |  |  | 32,658 |  |  | — |  |  | — |  |  | 2,744,181 |
Total liabilities | 2,821,368 |  |  | 1,751,365 |  |  | 510,188 |  |  | — |  |  | 5,082,921 |
Total shareholders’ equity | 5,181,592 |  |  | 8,433,907 |  |  | 9,372,034 |  |  | (17,805,941 | ) |  | 5,181,592 |
| $ | 8,002,960 |  |  | $ | 10,185,272 |  |  | $ | 9,882,222 |  |  | $ | (17,805,941 | ) |  | $ | 10,264,513 |
CONDENSED CONSOLIDATING BALANCE SHEET DECEMBER 31, 2018 ($000’s omitted)
| Unconsolidated |  | Eliminating Entries |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |
ASSETS |  |  |  |  |  |  |  |  |
Cash and equivalents | $ | — |  |  | $ | 906,961 |  |  | $ | 203,127 |  |  | $ | — |  |  | $ | 1,110,088 |
Restricted cash | — |  |  | 22,406 |  |  | 1,206 |  |  | — |  |  | 23,612 |
Total cash, cash equivalents, and restricted cash | — |  |  | 929,367 |  |  | 204,333 |  |  | — |  |  | 1,133,700 |
House and land inventory | — |  |  | 7,157,665 |  |  | 95,688 |  |  | — |  |  | 7,253,353 |
Land held for sale | — |  |  | 36,849 |  |  | — |  |  | — |  |  | 36,849 |
Residential mortgage loans available- for-sale | — |  |  | — |  |  | 461,354 |  |  | — |  |  | 461,354 |
Investments in unconsolidated entities | — |  |  | 54,045 |  |  | 545 |  |  | — |  |  | 54,590 |
Other assets | 66,154 |  |  | 579,452 |  |  | 184,753 |  |  | — |  |  | 830,359 |
Intangible assets | — |  |  | 127,192 |  |  | — |  |  | — |  |  | 127,192 |
Deferred tax assets, net | 282,874 |  |  | — |  |  | (7,295 | ) |  | — |  |  | 275,579 |
Investments in subsidiaries and intercompany accounts, net | 7,557,245 |  |  | 500,138 |  |  | 8,231,342 |  |  | (16,288,725 | ) |  | — |
| $ | 7,906,273 |  |  | $ | 9,384,708 |  |  | $ | 9,170,720 |  |  | $ | (16,288,725 | ) |  | $ | 10,172,976 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable, customer deposits, accrued and other liabilities | $ | 90,158 |  |  | $ | 1,598,265 |  |  | $ | 278,713 |  |  | $ | — |  |  | $ | 1,967,136 |
Income tax liabilities | 11,580 |  |  | — |  |  | — |  |  | — |  |  | 11,580 |
Financial Services debt | — |  |  | — |  |  | 348,412 |  |  | — |  |  | 348,412 |
Notes payable | 2,986,753 |  |  | 40,776 |  |  | 537 |  |  | — |  |  | 3,028,066 |
Total liabilities | 3,088,491 |  |  | 1,639,041 |  |  | 627,662 |  |  | — |  |  | 5,355,194 |
Total shareholders’ equity | 4,817,782 |  |  | 7,745,667 |  |  | 8,543,058 |  |  | (16,288,725 | ) |  | 4,817,782 |
| $ | 7,906,273 |  |  | $ | 9,384,708 |  |  | $ | 9,170,720 |  |  | $ | (16,288,725 | ) |  | $ | 10,172,976 |
Consolidating Statement of Operations and Comprehensive Income (Loss) | CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the three months ended September 30, 2019 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 2,588,933 |  |  | $ | 48,069 |  |  | $ | — |  |  | $ | 2,637,002 |
Land sale and other revenues | — |  |  | 8,526 |  |  | 22 |  |  | — |  |  | 8,548 |
| — |  |  | 2,597,459 |  |  | 48,091 |  |  | — |  |  | 2,645,550 |
Financial Services | — |  |  | — |  |  | 64,815 |  |  | — |  |  | 64,815 |
| — |  |  | 2,597,459 |  |  | 112,906 |  |  | — |  |  | 2,710,365 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | (1,992,043 | ) |  | (36,579 | ) |  | — |  |  | (2,028,622 | )
Land sale cost of revenues | — |  |  | (7,350 | ) |  | — |  |  | — |  |  | (7,350 | )
| — |  |  | (1,999,393 | ) |  | (36,579 | ) |  | — |  |  | (2,035,972 | )
Financial Services expenses | — |  |  | (133 | ) |  | (32,381 | ) |  | — |  |  | (32,514 | )
Selling, general, and administrative expenses | — |  |  | (252,414 | ) |  | (18,211 | ) |  | — |  |  | (270,625 | )
Other income (expense), net | (126 | ) |  | (15,697 | ) |  | 10,715 |  |  | — |  |  | (5,108 | )
Intercompany interest | (2,255 | ) |  | — |  |  | 2,255 |  |  | — |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | (2,381 | ) |  | 329,822 |  |  | 38,705 |  |  | — |  |  | 366,146 |
Income tax (expense) benefit | 688 |  |  | (83,937 | ) |  | (9,793 | ) |  | — |  |  | (93,042 | )
Income (loss) before equity in income (loss) of subsidiaries | (1,693 | ) |  | 245,885 |  |  | 28,912 |  |  | — |  |  | 273,104 |
Equity in income (loss) of subsidiaries | 274,797 |  |  | 34,672 |  |  | 371,107 |  |  | (680,576 | ) |  | — |
Net income (loss) | 273,104 |  |  | 280,557 |  |  | 400,019 |  |  | (680,576 | ) |  | 273,104 |
Other comprehensive income | 25 |  |  | — |  |  | — |  |  | — |  |  | 25 |
Comprehensive income (loss) | $ | 273,129 |  |  | $ | 280,557 |  |  | $ | 400,019 |  |  | $ | (680,576 | ) |  | $ | 273,129 |
CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the three months ended September 30, 2018 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 2,535,930 |  |  | $ | 36,306 |  |  | $ | — |  |  | $ | 2,572,236 |
Land sale and other revenues | — |  |  | 25,266 |  |  | 244 |  |  | — |  |  | 25,510 |
| — |  |  | 2,561,196 |  |  | 36,550 |  |  | — |  |  | 2,597,746 |
Financial Services | — |  |  | — |  |  | 51,620 |  |  | — |  |  | 51,620 |
| — |  |  | 2,561,196 |  |  | 88,170 |  |  | — |  |  | 2,649,366 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | (1,928,365 | ) |  | (25,795 | ) |  | — |  |  | (1,954,160 | )
Land sale cost of revenues | — |  |  | (22,060 | ) |  |  |  |  | — |  |  | (22,060 | )
| — |  |  | (1,950,425 | ) |  | (25,795 | ) |  | — |  |  | (1,976,220 | )
Financial Services expenses | — |  |  | (130 | ) |  | (32,083 | ) |  | — |  |  | (32,213 | )
Selling, general, and administrative expenses | — |  |  | (245,776 | ) |  | (6,981 | ) |  | — |  |  | (252,757 | )
Other income (expense), net | (120 | ) |  | (12,398 | ) |  | 9,030 |  |  | — |  |  | (3,488 | )
Intercompany interest | (2,158 | ) |  |  |  |  | 2,158 |  |  | — |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | (2,278 | ) |  | 352,467 |  |  | 34,499 |  |  | — |  |  | 384,688 |
Income tax (expense) benefit | 609 |  |  | (88,368 | ) |  | (7,394 | ) |  | — |  |  | (95,153 | )
Income (loss) before equity in income (loss) of subsidiaries | (1,669 | ) |  | 264,099 |  |  | 27,105 |  |  | — |  |  | 289,535 |
Equity in income (loss) of subsidiaries | 291,204 |  |  | 25,094 |  |  | 190,161 |  |  | (506,459 | ) |  | — |
Net income (loss) | 289,535 |  |  | 289,193 |  |  | 217,266 |  |  | (506,459 | ) |  | 289,535 |
Other comprehensive income | 25 |  |  | — |  |  | — |  |  | — |  |  | 25 |
Comprehensive income (loss) | $ | 289,560 |  |  | $ | 289,193 |  |  | $ | 217,266 |  |  | $ | (506,459 | ) |  | $ | 289,560 |
CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the nine months ended September 30, 2019 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 6,855,951 |  |  | $ | 134,466 |  |  | $ | — |  |  | $ | 6,990,417 |
Land sale revenues | — |  |  | 40,311 |  |  | 682 |  |  | — |  |  | 40,993 |
| — |  |  | 6,896,262 |  |  | 135,148 |  |  | — |  |  | 7,031,410 |
Financial Services | — |  |  | — |  |  | 164,634 |  |  | — |  |  | 164,634 |
| — |  |  | 6,896,262 |  |  | 299,782 |  |  | — |  |  | 7,196,044 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | (5,267,638 | ) |  | (101,930 | ) |  | — |  |  | (5,369,568 | )
Land sale cost of revenues | — |  |  | (34,509 | ) |  | (1,106 | ) |  |  |  |  | (35,615 | )
| — |  |  | (5,302,147 | ) |  | (103,036 | ) |  | — |  |  | (5,405,183 | )
Financial Services expenses | — |  |  | (390 | ) |  | (94,474 | ) |  | — |  |  | (94,864 | )
Selling, general, and administrative expenses | — |  |  | (731,801 | ) |  | (50,990 | ) |  | — |  |  | (782,791 | )
Other expense, net | (5,213 | ) |  | (29,961 | ) |  | 25,593 |  |  | — |  |  | (9,581 | )
Intercompany interest | (6,506 | ) |  | — |  |  | 6,506 |  |  | — |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | (11,719 | ) |  | 831,963 |  |  | 83,381 |  |  | — |  |  | 903,625 |
Income tax (expense) benefit | 2,930 |  |  | (204,186 | ) |  | (21,467 | ) |  | — |  |  | (222,723 | )
Income (loss) before equity in income (loss) of subsidiaries | (8,789 | ) |  | 627,777 |  |  | 61,914 |  |  | — |  |  | 680,902 |
Equity in income (loss) of subsidiaries | 689,691 |  |  | 77,480 |  |  | 647,207 |  |  | (1,414,378 | ) |  | — |
Net income (loss) | 680,902 |  |  | 705,257 |  |  | 709,121 |  |  | (1,414,378 | ) |  | 680,902 |
Other comprehensive income | 75 |  |  | — |  |  | — |  |  | — |  |  | 75 |
Comprehensive income (loss) | $ | 680,977 |  |  | $ | 705,257 |  |  | $ | 709,121 |  |  | $ | (1,414,378 | ) |  | $ | 680,977 |
CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the nine months ended September 30, 2018 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Revenues: |  |  |  |  |  |  |  |  |
Homebuilding |  |  |  |  |  |  |  |  |
Home sale revenues | $ | — |  |  | $ | 6,852,430 |  |  | $ | 81,458 |  |  | $ | — |  |  | $ | 6,933,888 |
Land sale revenues | — |  |  | 103,243 |  |  | 1,728 |  |  | — |  |  | 104,971 |
| — |  |  | 6,955,673 |  |  | 83,186 |  |  | — |  |  | 7,038,859 |
Financial Services | — |  |  | — |  |  | 150,322 |  |  | — |  |  | 150,322 |
| — |  |  | 6,955,673 |  |  | 233,508 |  |  | — |  |  | 7,189,181 |
Homebuilding Cost of Revenues: |  |  |  |  |  |  |  |  |
Home sale cost of revenues | — |  |  | (5,214,408 | ) |  | (61,824 | ) |  | — |  |  | (5,276,232 | )
Land sale cost of revenues | — |  |  | (70,774 | ) |  | (1,017 | ) |  | — |  |  | (71,791 | )
| — |  |  | (5,285,182 | ) |  | (62,841 | ) |  | — |  |  | (5,348,023 | )
Financial Services expenses | — |  |  | (405 | ) |  | (96,245 | ) |  | — |  |  | (96,650 | )
Selling, general, and administrative expenses | — |  |  | (699,311 | ) |  | (20,395 | ) |  | — |  |  | (719,706 | )
Other expense, net | (458 | ) |  | (33,436 | ) |  | 27,141 |  |  | — |  |  | (6,753 | )
Intercompany interest | (5,710 | ) |  | — |  |  | 5,710 |  |  | — |  |  | — |
Income (loss) before income taxes and equity in income (loss) of subsidiaries | (6,168 | ) |  | 937,339 |  |  | 86,878 |  |  | — |  |  | 1,018,049 |
Income tax (expense) benefit | 1,543 |  |  | (213,876 | ) |  | (21,341 | ) |  | — |  |  | (233,674 | )
Income (loss) before equity in income (loss) of subsidiaries | (4,625 | ) |  | 723,463 |  |  | 65,537 |  |  | — |  |  | 784,375 |
Equity in income (loss) of subsidiaries | 789,000 |  |  | 62,162 |  |  | 559,184 |  |  | (1,410,346 | ) |  | — |
Net income (loss) | 784,375 |  |  | 785,625 |  |  | 624,721 |  |  | (1,410,346 | ) |  | 784,375 |
Other comprehensive income | 75 |  |  | — |  |  | — |  |  | — |  |  | 75 |
Comprehensive income (loss) | $ | 784,450 |  |  | $ | 785,625 |  |  | $ | 624,721 |  |  | $ | (1,410,346 | ) |  | $ | 784,450 |
Consolidating Statement Of Cash Flows | CONSOLIDATING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2019 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Net cash provided by (used in) operating activities | $ | 162,105 |  |  | $ | 304,142 |  |  | $ | 116,533 |  |  | $ | — |  |  | $ | 582,780 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (36,098 | ) |  | (7,064 | ) |  | — |  |  | (43,162 | )
Investments in unconsolidated entities | — |  |  | (7,807 | ) |  | (708 | ) |  | — |  |  | (8,515 | )
Other investing activities, net | — |  |  | 3,286 |  |  | 1,723 |  |  | — |  |  | 5,009 |
Business acquisition | — |  |  | (163,724 | ) |  | — |  |  | — |  |  | (163,724 | )
Net cash provided by (used in) investing activities | — |  |  | (204,343 | ) |  | (6,049 | ) |  | — |  |  | (210,392 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Financial Services borrowing (repayments), net | — |  |  | — |  |  | (99,052 | ) |  | — |  |  | (99,052 | )
Repayments of debt | (280,175 | ) |  | (16,699 | ) |  | (537 | ) |  | — |  |  | (297,411 | )
Borrowings under revolving credit facility | — |  |  | — |  |  | — |  |  | — |  |  | — |
Repayments under revolving credit facility | — |  |  | — |  |  | — |  |  | — |  |  | — |
Debt issuance costs | — |  |  | — |  |  | — |  |  | — |  |  | — |
Stock option exercises | 6,368 |  |  | — |  |  | — |  |  | — |  |  | 6,368 |
Share repurchases | (244,388 | ) |  | — |  |  | — |  |  | — |  |  | (244,388 | )
Cash paid for shares withheld for taxes | (10,726 | ) |  | — |  |  | — |  |  | — |  |  | (10,726 | )
Dividends paid | (92,235 | ) |  | 44,499 |  |  | (44,499 | ) |  | — |  |  | (92,235 | )
Intercompany activities, net | 459,051 |  |  | (339,156 | ) |  | (119,895 | ) |  | — |  |  | — |
Net cash provided by (used in) financing activities | (162,105 | ) |  | (311,356 | ) |  | (263,983 | ) |  | — |  |  | (737,444 | )
Net increase (decrease) in cash, cash equivalents, and restricted cash | — |  |  | (211,557 | ) |  | (153,499 | ) |  | — |  |  | (365,056 | )
Cash, cash equivalents, and restricted cash at beginning of year | — |  |  | 929,367 |  |  | 204,333 |  |  | — |  |  | 1,133,700 |
Cash, cash equivalents, and restricted cash at end of year | $ | — |  |  | $ | 717,810 |  |  | $ | 50,834 |  |  | $ | — |  |  | $ | 768,644 |
CONSOLIDATING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2018 ($000’s omitted)
| Unconsolidated |  |  |  | Consolidated PulteGroup, Inc.
| PulteGroup, Inc. |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminating Entries |
Net cash provided by (used in) operating activities | $ | 347,335 |  |  | $ | 389,110 |  |  | $ | 278,535 |  |  | $ | — |  |  | $ | 1,014,980 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Capital expenditures | — |  |  | (40,483 | ) |  | (6,046 | ) |  | — |  |  | (46,529 | )
Investments in unconsolidated entities | — |  |  | (1,000 | ) |  | — |  |  | — |  |  | (1,000 | )
Other investing activities, net | — |  |  | 11,299 |  |  | 4,246 |  |  | — |  |  | 15,545 |
Business acquisition | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net cash provided by (used in) investing activities | — |  |  | (30,184 | ) |  | (1,800 | ) |  | — |  |  | (31,984 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Financial Services borrowings (repayments), net | — |  |  | — |  |  | (187,071 | ) |  | — |  |  | (187,071 | )
Repayments of debt | — |  |  | (81,757 | ) |  | (898 | ) |  | — |  |  | (82,655 | )
Borrowings under revolving credit facility | 1,566,000 |  |  | — |  |  | — |  |  | — |  |  | 1,566,000 |
Repayments under revolving credit facility | (1,566,000 | ) |  | — |  |  | — |  |  | — |  |  | (1,566,000 | )
Debt Issuance Costs | (8,165 | ) |  | — |  |  | — |  |  | — |  |  | (8,165 | )
Stock option exercises | 5,462 |  |  | — |  |  | — |  |  | — |  |  | 5,462 |
Share repurchases | (172,061 | ) |  | — |  |  | — |  |  | — |  |  | (172,060 | )
Cash paid for shares withheld for taxes | (7,378 | ) |  | — |  |  | — |  |  | — |  |  | (7,379 | )
Dividends paid | (78,284 | ) |  | — |  |  | — |  |  | — |  |  | (78,284 | )
Intercompany activities, net | (86,909 | ) |  | 268,297 |  |  | (181,388 | ) |  | — |  |  | — |
Net cash provided by (used in) financing activities | (347,335 | ) |  | 186,540 |  |  | (369,357 | ) |  | — |  |  | (530,152 | )
Net increase (decrease) in cash, cash equivalents, and restricted cash | — |  |  | 545,466 |  |  | (92,622 | ) |  | — |  |  | 452,844 |
Cash, cash equivalents, and restricted cash at beginning of year | — |  |  | 157,801 |  |  | 148,367 |  |  | — |  |  | 306,168 |
Cash, cash equivalents, and restricted cash at end of year | $ | — |  |  | $ | 703,267 |  |  | $ | 55,745 |  |  | $ | — |  |  | $ | 759,012 |

X
- Definition Supplemental Guarantor Information + References No definition available. + Details
Name: | phm_SupplementalGuarantorInformationAbstract
Namespace Prefix: | phm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration