10-Q Filing

HORTON D R INC /DE/ CIK: 882184 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000882184-23-000084`
Period End Date	20230331
Filing Date	20230424
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	dhi-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 54 Cash Flow Statement 94 Stockholders Equity 48

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.05B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.54B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$32.40M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$23.50M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.24B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.69B	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.07B	USD	Point-in-time
Construction in progress and finished homes	`InventoryHomesUnderConstruction`	$9.29B	USD	Point-in-time
Construction in progress and finished homes	`InventoryHomesUnderConstruction`	$9.80B	USD	Point-in-time
Residential land and lots developed and under development	`InventoryRealEstateLandAndLandDevelopmentCosts`	$9.94B	USD	Point-in-time
Residential land and lots developed and under development	`InventoryRealEstateLandAndLandDevelopmentCosts`	$9.17B	USD	Point-in-time
Land held for development	`InventoryLandHeldForDevelopmentAndSale`	$88.30M	USD	Point-in-time
Land held for development	`InventoryLandHeldForDevelopmentAndSale`	$110.80M	USD	Point-in-time
Land held for sale	`InventoryLandHeldForSale`	$29.40M	USD	Point-in-time
Land held for sale	`InventoryLandHeldForSale`	$20.40M	USD	Point-in-time
Rental properties	`InventoryOperativeBuildersOther`	$2.54B	USD	Point-in-time
Rental properties	`InventoryOperativeBuildersOther`	$3.23B	USD	Point-in-time
Total inventories	`InventoryRealEstate`	$22.57B	USD	Point-in-time
Total inventories	`InventoryRealEstate`	$21.66B	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroup`	$2.39B	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroup`	$2.12B	USD	Point-in-time
Deferred income taxes, net of valuation allowance of $17.8 million and $17.9 million at March 31, 2023 and September 30, 2022, respectively	`DeferredIncomeTaxAssetsNet`	$112.30M	USD	Point-in-time
Deferred income taxes, net of valuation allowance of $17.8 million and $17.9 million at March 31, 2023 and September 30, 2022, respectively	`DeferredIncomeTaxAssetsNet`	$141.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$509.60M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$471.60M	USD	Point-in-time
Other assets	`OtherAssets`	$2.62B	USD	Point-in-time
Other assets	`OtherAssets`	$2.96B	USD	Point-in-time
Goodwill	`Goodwill`	$163.50M	USD	Point-in-time
Goodwill	`Goodwill`	$163.50M	USD	Point-in-time
Total assets	`Assets`	$30.35B	USD	Point-in-time
Total assets	`Assets`	$31.17B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$1.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$1.36B	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$2.83B	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$3.14B	USD	Point-in-time
Notes payable	`NotesPayable`	$5.97B	USD	Point-in-time
Notes payable	`NotesPayable`	$6.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.05B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.57B	USD	Point-in-time
Commitments and contingencies (Note K)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note K)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
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	`CommonStockValue`	$4.00M	USD	Point-in-time
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	`CommonStockValue`	$4.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.36B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.35B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.91B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.19B	USD	Point-in-time
Treasury stock, 59,760,502 shares and 55,219,914 shares at March 31, 2023 and September 30, 2022, respectively, at cost	`TreasuryStockValue`	$3.56B	USD	Point-in-time
Treasury stock, 59,760,502 shares and 55,219,914 shares at March 31, 2023 and September 30, 2022, respectively, at cost	`TreasuryStockValue`	$3.14B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$19.40B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$20.71B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$409.10M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$389.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.55B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.12B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.01B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.12B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$31.17B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$30.35B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$15.05B	USD	2 Qtrs
Revenues	`Revenues`	$15.23B	USD	2 Qtrs
Revenues	`Revenues`	$7.97B	USD	1 Quarter
Revenues	`Revenues`	$8.00B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$10.34B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$11.29B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$6.00B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$5.43B	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$773.60M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.51B	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.36B	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$695.10M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$24.80M	USD	2 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$42.20M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$79.90M	USD	2 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$9.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.38B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.51B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.25B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.88B	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$594.60M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$295.70M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$792.50M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$441.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.92B	USD	2 Qtrs
Net income	`ProfitLoss`	$2.59B	USD	2 Qtrs
Net income	`ProfitLoss`	$968.30M	USD	1 Quarter
Net income	`ProfitLoss`	$1.15B	USD	1 Quarter
Net income	`ProfitLoss`	$949.60M	USD	1 Quarter
Net income	`ProfitLoss`	$1.44B	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.40M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.20M	USD	2 Qtrs
Net income attributable to D.R. Horton, Inc.	`NetIncomeLoss`	$1.90B	USD	2 Qtrs
Net income attributable to D.R. Horton, Inc.	`NetIncomeLoss`	$2.58B	USD	2 Qtrs
Net income attributable to D.R. Horton, Inc.	`NetIncomeLoss`	$1.44B	USD	1 Quarter
Net income attributable to D.R. Horton, Inc.	`NetIncomeLoss`	$942.20M	USD	1 Quarter
Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareBasic`	$5.54	USD	2 Qtrs
Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareBasic`	$2.75	USD	1 Quarter
Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareBasic`	$4.07	USD	1 Quarter
Basic net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareBasic`	$7.27	USD	2 Qtrs
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	353.10M	shares	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	343.20M	shares	2 Qtrs
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	354.60M	shares	2 Qtrs
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	342.10M	shares	1 Quarter
Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$4.03	USD	1 Quarter
Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$2.73	USD	1 Quarter
Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$7.20	USD	2 Qtrs
Diluted net income per common share attributable to D.R. Horton, Inc. (in dollars per share)	`EarningsPerShareDiluted`	$5.50	USD	2 Qtrs
Adjusted weighted average number of common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	344.90M	shares	1 Quarter
Adjusted weighted average number of common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	345.90M	shares	2 Qtrs
Adjusted weighted average number of common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.30M	shares	1 Quarter
Adjusted weighted average number of common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	358.20M	shares	2 Qtrs

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Deferred Tax Assets, Valuation Allowance	`DeferredTaxAssetsValuationAllowance`	$17.80M	USD	Point-in-time
Deferred Tax Assets, Valuation Allowance	`DeferredTaxAssetsValuationAllowance`	$17.90M	USD	Point-in-time
Net income	`ProfitLoss`	$1.92B	USD	2 Qtrs
Net income	`ProfitLoss`	$2.59B	USD	2 Qtrs
Net income	`ProfitLoss`	$968.30M	USD	1 Quarter
Net income	`ProfitLoss`	$1.15B	USD	1 Quarter
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Net income	`ProfitLoss`	$949.60M	USD	1 Quarter
Net income	`ProfitLoss`	$1.44B	USD	1 Quarter
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$39.30M	USD	2 Qtrs
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.50M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$51.30M	USD	2 Qtrs
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	$54.60M	USD	2 Qtrs
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-28.70M	USD	2 Qtrs
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-23.60M	USD	2 Qtrs
Inventory and land option charges	`ProductionRelatedImpairmentsOrCharges`	$23.80M	USD	1 Quarter
Common Stock, Shares, Issued	`CommonStockSharesIssued`	399.17M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	400.83M	shares	Point-in-time
Inventory and land option charges	`ProductionRelatedImpairmentsOrCharges`	$15.20M	USD	1 Quarter
Inventory and land option charges	`ProductionRelatedImpairmentsOrCharges`	$20.00M	USD	2 Qtrs
Inventory and land option charges	`ProductionRelatedImpairmentsOrCharges`	$51.40M	USD	2 Qtrs
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	343.95M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	341.07M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	59.76M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	55.22M	shares	Point-in-time
Decrease (increase) in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$2.14B	USD	2 Qtrs
Decrease (increase) in construction in progress and finished homes	`IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories`	$-537.30M	USD	2 Qtrs
Increase in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$668.70M	USD	2 Qtrs
Increase in residential land and lots developed, under development, held for development and held for sale	`IncreaseDecreaseInInventoryForLongTermContractsOrPrograms`	$528.40M	USD	2 Qtrs
Increase in rental properties	`IncreaseDecreaseInRentalProperties`	$689.20M	USD	2 Qtrs
Increase in rental properties	`IncreaseDecreaseInRentalProperties`	$655.90M	USD	2 Qtrs
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$616.70M	USD	2 Qtrs
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-339.80M	USD	2 Qtrs
Decrease (increase) in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$-262.00M	USD	2 Qtrs
Decrease (increase) in mortgage loans held for sale	`IncreaseDecreaseInMortgageLoansHeldForSale`	$215.50M	USD	2 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$593.70M	USD	2 Qtrs
(Decrease) increase in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-403.40M	USD	2 Qtrs
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.47B	USD	2 Qtrs
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-834.60M	USD	2 Qtrs
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$72.50M	USD	2 Qtrs
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.20M	USD	2 Qtrs
Payments related to business acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$103.50M	USD	2 Qtrs
Payments related to business acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.80M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.60M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$575.00M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$750.00M	USD	2 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$750.80M	USD	2 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$650.00M	USD	2 Qtrs
(Payments) borrowings on mortgage repurchase facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$84.30M	USD	2 Qtrs
(Payments) borrowings on mortgage repurchase facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-63.40M	USD	2 Qtrs
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$12.90M	USD	2 Qtrs
Proceeds from stock associated with certain employee benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$22.20M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$55.80M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.70M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.70M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$30.10M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$61.70M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.00M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$171.70M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$159.20M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$419.80M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$569.80M	USD	2 Qtrs
Net proceeds from issuance of Forestar common stock	`ProceedsFromIssuanceOfCommonStock`	$1.70M	USD	2 Qtrs
Net proceeds from issuance of Forestar common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-18.50M	USD	2 Qtrs
Net other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$38.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-644.80M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-791.30M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.55B	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$501.70M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.69B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.07B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.57B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.69B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.07B	USD	Point-in-time
Notes payable issued for inventory	`NotesIssued1`	$31.20M	USD	2 Qtrs
Notes payable issued for inventory	`NotesIssued1`	$64.30M	USD	2 Qtrs
Stock issued under employee incentive plans	`StockIssued1`	$124.40M	USD	2 Qtrs
Stock issued under employee incentive plans	`StockIssued1`	$107.40M	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.22B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.55B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.12B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.01B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.79B	USD	Point-in-time
Beginning Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.12B	USD	Point-in-time
Net income	`ProfitLoss`	$1.92B	USD	2 Qtrs
Net income	`ProfitLoss`	$2.59B	USD	2 Qtrs
Net income	`ProfitLoss`	$968.30M	USD	1 Quarter
Net income	`ProfitLoss`	$1.15B	USD	1 Quarter
Net income	`ProfitLoss`	$949.60M	USD	1 Quarter
Net income	`ProfitLoss`	$1.44B	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.80M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.60M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$11.40M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.90M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.70M	USD	1 Quarter
Stock issued under employee incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.90M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$55.80M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.70M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.70M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$30.10M	USD	1 Quarter
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$61.70M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.70M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$80.10M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$79.10M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$85.60M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$86.10M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$303.20M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$278.20M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$266.00M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$118.10M	USD	1 Quarter
Change of ownership interest in Forestar	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests`	$1.80M	USD	1 Quarter
Change of ownership interest in Forestar	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests`	-	USD	1 Quarter
Change of ownership interest in Forestar	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests`	-	USD	1 Quarter
Change of ownership interest in Forestar	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests`	-	USD	1 Quarter
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.22B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.55B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.12B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.01B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.79B	USD	Point-in-time
Ending Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.12B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.