D.R. Horton (DHI) 10-Q 24 Apr 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Mar. 31, 2014	Apr. 21, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'HORTON D R INC /DE/	'
Entity Central Index Key	'0000882184	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Current Fiscal Year End Date	'--09-30	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	325,270,612

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014		Sep. 30, 2013
In Millions, unless otherwise specified
ASSETS	'		'
Cash and cash equivalents	$951.40		$936.50
Inventories:	'		'
Other assets	481.2		517.4
Total assets	9,372.80		8,856.40
LIABILITIES	'		'
Notes payable	3,862.10		3,509
Total liabilities	5,023.20		4,795
Commitments and contingencies (Note K)	'		'
EQUITY	'		'
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued	0		0
Common stock, $.01 par value, 1,000,000,000 shares authorized, 332,259,780 shares issued and 325,059,709 shares outstanding at March 31, 2014 and 330,143,689 shares issued and 322,943,618 shares outstanding at September 30, 2013	3.3		3.3
Additional paid-in capital	2,087.50		2,042
Retained earnings	2,387.60		2,145.60
Treasury stock, 7,200,071 shares at March 31, 2014 and September 30, 2013, at cost	-134.3		-134.3
Accumulated other comprehensive income	2.2		1.9
Total stockholders' equity	4,346.30		4,058.50
Noncontrolling interests	3.3		2.9
Total equity	4,349.60		4,061.40
Total liabilities and equity	9,372.80		8,856.40
Homebuilding	'		'
ASSETS	'		'
Cash and cash equivalents	930.8		913.3
Restricted cash	79.8		77.8
Inventories:	'		'
Construction in progress and finished homes	2,864.20		2,498
Residential land and lots - developed and under development	3,451.90		3,227.30
Land held for development	467.5		472.1
Total inventories	6,783.60	[1]	6,197.40	[1]
Deferred income taxes, net of valuation allowance of $31.3 million and $31.0 million at March 31, 2014 and September 30, 2013, respectively	569.8		586.6
Property and equipment, net	123.3		106.7
Other assets	427.8		460.5
Goodwill	41.2		38.9
Total assets	8,956.30		8,381.20
LIABILITIES	'		'
Accounts Payable and Other Accrued Liabilities	298.9		346.4
Accrued expenses and other liabilities	822.6		886
Notes payable	3,638.30		3,270.40
Total liabilities	4,759.80		4,502.80
Financial Services	'		'
ASSETS	'		'
Cash and cash equivalents	20.6		23.2
Inventories:	'		'
Mortgage loans held for sale	342.5		395.1
Other assets	53.4		56.9
Total assets	416.5		475.2
LIABILITIES	'		'
Accounts payable and other liabilities	39.6		53.6
Mortgage repurchase facility, maturing 2014	223.8		238.6
Total liabilities	$263.40		$292.20
[1]	Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (Unaudited) (USD $)	Mar. 31, 2014	Sep. 30, 2013
In Millions, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Valuation allowance for deferred income taxes	$31.30	$31
Preferred stock, par value	$0.10	$0.10
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	332,259,780	330,143,689
Common stock, shares outstanding	325,059,709	322,943,618
Treasury stock, shares	7,200,071	7,200,071

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)	3 Months Ended				6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013		Mar. 31, 2014		Mar. 31, 2013
Gross profit:	'		'		'		'
Interest expense	$0		$3		$0		$7.10
Income (loss) before income taxes	201.9	[1]	142.1	[1]	391.6	[1]	250	[1]
Income tax expense (benefit)	70.9		31.1		137.5		72.7
Net income	131		111		254.1		177.3
Other comprehensive income (loss), net of income tax:	'		'		'		'
Unrealized gain (loss) related to available-for-sale securities	0.3		0		0.3		0
Comprehensive income	131.3		111		254.4		177.1
Basic net income per common share (in dollars per share)	$0.40		$0.35		$0.79		$0.55
Net income per common share assuming dilution (in dollars per share)	$0.38		$0.32		$0.73		$0.52
Cash dividends declared per common share (in dollars per share)	$0.04		$0		$0.04		$0.19
Homebuilding [Member]	'		'		'		'
Revenues:	'		'		'		'
Home sales	1,680		1,368.70		3,310.80		2,592
Land/lot sales	16.6		21.7		21.5		31.5
Total revenues	1,696.60		1,390.40		3,332.30		2,623.50
Cost of sales:	'		'		'		'
Home sales	1,302.80		1,089.90		2,569.50		2,082.70
Land/lot sales	12.6		17.5		16.9		25.6
Inventory impairments and land option cost write-offs	4.4		1.8		7.1		3.2
Total cost of sales	1,319.80		1,109.20		2,593.50		2,111.50
Gross profit:	'		'		'		'
Home sales	377.2		278.8		741.3		509.3
Land/lot sales	4		4.2		4.6		5.9
Inventory impairments and land option cost write-offs	-4.4		-1.8		-7.1		-3.2
Gross profit	376.8		281.2		738.8		512
Selling, general and administrative expense	187.9		155.1		371.3		295.8
Interest expense	0		1.9		0		5.1
Other (income)	-2.8		-3.2		-6.1		-6.5
Income (loss) before income taxes	191.7	[1]	127.4	[1]	373.6	[1]	217.6	[1]
Financial Services [Member]	'		'		'		'
Gross profit:	'		'		'		'
Financial Services Revenue	38.4		41.2		73.3		83
General and administrative expense	30.2		28		60		53.6
Interest and other (income)	-2		-1.5		-4.7		-3
Income (loss) before income taxes	10.2	[1]	14.7	[1]	18	[1]	32.4	[1]
Available-for-sale Securities [Member]	'		'		'		'
Other comprehensive income (loss), net of income tax:	'		'		'		'
Unrealized gain (loss) related to available-for-sale securities	$0		$0		$0		($0.20)
[1]	Expenses maintained at the corporate level consist primarily of interest and property taxes, which are capitalized and amortized to cost of sales or expensed directly, and the expenses related to operating the Company’s corporate office. The amortization of capitalized interest and property taxes is allocated to each segment based on the segment’s revenue, while those expenses associated with the corporate office are allocated to each segment based on the segment’s inventory balances.

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
OPERATING ACTIVITIES	'	'
Net income	$254.10	$177.30
Adjustments to reconcile net income to net cash used in operating activities:	'	'
Depreciation	16.7	10.1
Amortization of discounts and fees	20.8	19.9
Stock based compensation expense	10.8	7.6
Income tax benefit from employee stock awards	-1.9	0
Deferred income taxes	16.7	38.7
Gain on sale of marketable securities	0	-0.2
Inventory impairments and land option cost write-offs	7.1	3.2
Changes in operating assets and liabilities:	'	'
Increase in construction in progress and finished homes	-336.4	-433.5
(Increase) decrease in residential land and lots - developed, under development, and held for development	-226.8	-717.1
(Increase) decrease in other assets	39.1	25.8
(Increase) decrease in income taxes receivable	0	14.4
Increase in mortgage loans held for sale	52.6	-49
Increase (decrease) in accounts payable, accrued expenses and other liabilities	-119.7	62.5
Net cash used in operating activities	-266.9	-840.3
INVESTING ACTIVITIES	'	'
Purchases of property and equipment	-32.8	-25.3
Purchases of marketable securities	0	-28.9
Proceeds from the sale or maturity of marketable securities	0	325.4
(Increase) decrease in restricted cash	-2	-5.2
Net principal increase of mortgage loans held in portfolio and real estate owned	-1.7	0
Payments to Acquire Other Investments	0	-18.6
Payments for (Proceeds from) Other Investing Activities	0	0
Acquisition of a business	-34.5	-9.4
Net cash (used in) provided by investing activities	-71	238
FINANCING ACTIVITIES	'	'
Proceeds from notes payable	497	918
Repayment of notes payable	-163.6	-170.4
Proceeds from stock associated with certain employee benefit plans	29.6	17.7
Income tax benefit from employee stock awards	1.9	0
Cash dividends paid	-12.1	-60.2
Net cash provided by (used in) financing activities	352.8	705.1
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	14.9	102.8
Cash and cash equivalents at beginning of period	936.5	1,047.70
Cash and cash equivalents at end of period	951.4	1,150.50
Supplemental disclosures of non-cash activities:	'	'
Notes payable issued for inventory	0	11.4
Stock issued under Restricted Stock Unit and Performance Unit Plans	$5.50	$3.90

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	The accompanying unaudited, consolidated financial statements include the accounts of D.R. Horton, Inc. and all of its 100% owned, majority-owned and controlled subsidiaries (which are referred to as the Company, unless the context otherwise requires). All significant intercompany accounts, transactions and balances have been eliminated in consolidation. The financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments considered necessary for a fair statement have been included. These financial statements do not include all of the information and notes required by GAAP for complete financial statements and should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2013.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ materially from those estimates.
	Reclassifications
	See Note N for a discussion of the revisions to the condensed consolidating statements of cash flows.
	Seasonality
	Historically, the homebuilding industry has experienced seasonal fluctuations; therefore, the operating results for the three and six months ended March 31, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending September 30, 2014 or subsequent periods.
	Variable Interests
	The Company enters into land and lot option purchase contracts to acquire land or lots for the construction of homes. Under these contracts, the Company will fund a stated deposit in consideration for the right, but not the obligation, to purchase land or lots at a future point in time with predetermined terms. Under the terms of many of the option purchase contracts, the option deposits are not refundable in the event the Company elects to terminate the contract.
	Option purchase contracts can result in the creation of a variable interest in the entity holding the land parcel under option. There were no variable interest entities reported in the consolidated balance sheets at March 31, 2014 and September 30, 2013 because the Company determined it did not control the activities that most significantly impact the variable interest entity’s economic performance, and it did not have an obligation to absorb losses of or the right to receive benefits from the entity. The maximum exposure to losses related to the Company’s variable interest entities is limited to the amounts of the Company’s related option deposits. At March 31, 2014 and September 30, 2013, the amount of option deposits related to these contracts totaled $38.7 million and $36.9 million, respectively, and are included in homebuilding other assets in the consolidated balance sheets.
	Acquisitions
	In October 2013, the Company acquired the homebuilding operations of Regent Homes, Inc. for $34.5 million in cash. Regent Homes operates in Charlotte, Greensboro and Winston-Salem, North Carolina. The assets acquired included approximately 240 homes in inventory, 300 lots and control of approximately 600 additional lots through option contracts. The Company also acquired a sales order backlog of 213 homes. All of the assets acquired were recorded at their estimated fair values by the Company. The acquisition of the homebuilding operations of Regent Homes was not material to the Company's results of operations or its financial condition.
	Recent Accounting Pronouncements
	In January 2014, the FASB issued ASU 2014-04, “Receivables - Troubled Debt Restructurings by Creditors,” which clarifies when an in substance repossession or foreclosure of residential real estate property collateralizing a consumer mortgage loan has occurred. This guidance helps determine when a creditor should derecognize a loan receivable and recognize real estate property. The guidance is effective for the Company beginning October 1, 2015 and is not expected to have a material impact on the Company’s consolidated financial position, results of operations or cash flows.

Segment_Information

Segment Information	6 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	SEGMENT INFORMATION
	The Company is a national homebuilder that is engaged in the acquisition and development of land and the construction and sale of residential homes on the land, with operations in 77 markets in 27 states across the United States. The Company designs, builds and sells single-family detached homes on lots it develops and on finished lots purchased ready for home construction. To a lesser extent, the Company also builds and sells attached homes, such as town homes, duplexes, triplexes and condominiums. Periodically, the Company sells land and lots to other developers and homebuilders where it has excess land and lot positions. The homebuilding segments generate most of their revenues from the sale of completed homes, and to a lesser extent from the sale of land and lots.
	The Company also provides mortgage financing and title agency services, primarily to its homebuilding customers, and generally sells the mortgages it originates and the related servicing rights to third-party purchasers. The financial services segment generates its revenues from originating and selling mortgages and collecting fees for title insurance agency and closing services.
	The Company’s 34 homebuilding operating divisions and its financial services operation are its operating segments. The homebuilding operating segments are aggregated into six reporting segments and the financial services operating segment is its own reporting segment. The Company’s reportable homebuilding segments are: East, Midwest, Southeast, South Central, Southwest and West. These reporting segments have homebuilding operations located in the following states:
		East:		Delaware, Georgia (Savannah only), Maryland, New Jersey, North Carolina, Pennsylvania, South Carolina and Virginia
		Midwest:		Colorado, Illinois, Indiana and Minnesota
		Southeast:		Alabama, Florida, Georgia, Mississippi and Tennessee
		South Central:		Louisiana, New Mexico (Las Cruces only), Oklahoma and Texas
		Southwest:		Arizona and New Mexico
		West:		California, Hawaii, Nevada, Oregon, Utah and Washington
	The accounting policies of the reporting segments are described throughout Note A included in the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2013. Financial information relating to the Company's reporting segments is as follows:
			Three Months Ended				Six Months Ended
			March 31,				March 31,
			2014		2013		2014		2013
			(In millions)
	Revenues
	Homebuilding revenues:
	East		$	203.2	$	153.8	$	393.3	$	291.1
	Midwest		99.9		92.8		205.7		182.2
	Southeast		471.3		333.2		918.7		624.7
	South Central		430.4		364		851.5		674.6
	Southwest		63.1		79		133.8		154.9
	West		428.7		367.6		829.3		696
	Homebuilding revenues		1,696.60		1,390.40		3,332.30		2,623.50
	Financial services revenues		38.4		41.2		73.3		83
	Total revenues		$	1,735.00	$	1,431.60	$	3,405.60	$	2,706.50
	Income Before Income Taxes (1)
	Homebuilding pre-tax income:
	East		$	14.2	$	8.5	$	25.7	$	15.5
	Midwest		9.1		9.9		19.1		7.9
	Southeast		52.2		28.3		103.7		47.7
	South Central		46.6		32.4		89		57.6
	Southwest		5.5		7.1		11.5		16.9
	West		64.1		41.2		124.6		72
	Homebuilding pre-tax income		191.7		127.4		373.6		217.6
	Financial services pre-tax income		10.2		14.7		18		32.4
	Income before income taxes		$	201.9	$	142.1	$	391.6	$	250
	____________________
	-1	Expenses maintained at the corporate level consist primarily of interest and property taxes, which are capitalized and amortized to cost of sales or expensed directly, and the expenses related to operating the Company’s corporate office. The amortization of capitalized interest and property taxes is allocated to each segment based on the segment’s revenue, while those expenses associated with the corporate office are allocated to each segment based on the segment’s inventory balances.
			March 31,		September 30,
			2014		2013
			(In millions)
	Homebuilding Inventories (1)
	East		$	763.3	$	742.9
	Midwest		447.8		412.2
	Southeast		1,643.10		1,508.50
	South Central		1,527.80		1,443.60
	Southwest		269.9		262.4
	West		1,920.30		1,668.20
	Corporate and unallocated (2)		211.4		159.6
	Total homebuilding inventory		$	6,783.60	$	6,197.40
	____________________
	-1	Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.
	-2	Corporate and unallocated consists primarily of capitalized interest and property taxes.

Inventory_Impairments_and_Land

Inventory Impairments and Land Option Cost Write-Offs	6 Months Ended
	Mar. 31, 2014
Inventory Impairments and Land Option Cost Write-Offs [Abstract]	'
INVENTORY IMPAIRMENTS AND LAND OPTION COST WRITE-OFFS	'
	INVENTORY
	At March 31, 2014, the Company reviewed the performance and outlook for all of its land inventories and communities for indicators of potential impairment and performed detailed impairment evaluations and analyses when necessary. The Company performed detailed impairment evaluations of communities with a combined carrying value of $173.4 million and recorded impairment charges of $2.3 million to reduce the carrying value of impaired communities to their estimated fair value. Of the total impairment charges, $2.1 million related to the Southeast region and $0.2 million related to the West region. During the six months ended March 31, 2014, impairment charges totaled $2.3 million. There were no impairment charges recorded in the comparable periods of 2013.
	During the three months ended March 31, 2014 and 2013, the Company wrote off $2.1 million and $1.8 million, respectively, of earnest money deposits and pre-acquisition costs related to land option contracts that are expected to be terminated. During the six months ended March 31, 2014 and 2013, the Company wrote off $4.8 million and $3.2 million, respectively, of these deposits and costs.
	At March 31, 2014 and September 30, 2013, the Company had $23.4 million and $34.0 million, respectively, of inventories that met the criteria of land held for sale, which is primarily included in land held for development and residential land and lots developed and under development in the consolidated balance sheets.

Notes_Payable

Notes Payable	6 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
NOTES PAYABLE	'
	NOTES PAYABLE
	The Company’s notes payable at their principal amounts, net of any unamortized discounts, consist of the following:
		March 31,		September 30,
		2014		2013
		(In millions)
	Homebuilding:
	Unsecured:
	Revolving credit facility, maturing 2018	$	—	$	—
	6.125% senior notes due 2014, net	—		145.8
	2% convertible senior notes due 2014, net	495.6		478.7
	5.625% senior notes due 2014, net	137.9		137.8
	5.25% senior notes due 2015, net	157.6		157.5
	5.625% senior notes due 2016, net	169.8		169.7
	6.5% senior notes due 2016, net	372.5		372.5
	4.75% senior notes due 2017	350		350
	3.625% senior notes due 2018	400		400
	3.75% senior notes due 2019	500		—
	4.375% senior notes due 2022	350		350
	4.75% senior notes due 2023	300		300
	5.75% senior notes due 2023	400		400
	Other secured	4.9		8.4
		$	3,638.30	$	3,270.40
	Financial Services:
	Mortgage repurchase facility, maturing 2015	$	223.8	$	238.6
	Homebuilding:
	The Company has a $725 million senior unsecured revolving credit facility with an uncommitted accordion feature that could increase the size of the facility to $1.0 billion, subject to certain conditions and availability of additional bank commitments. The facility also provides for the issuance of letters of credit. Letters of credit issued under the facility reduce available borrowing capacity and may total no more than $362.5 million in the aggregate. The interest rate on borrowings under the revolving credit facility may be based on either the Prime Rate or London Interbank Offered Rate (LIBOR) plus an applicable margin, as defined in the credit agreement governing the facility. The maturity date of the facility is September 7, 2018. At March 31, 2014, there were no borrowings outstanding and $70.5 million of letters of credit issued under the revolving credit facility.
	The Company's revolving credit facility imposes restrictions on its operations and activities, including requiring the maintenance of a minimum level of tangible net worth, a maximum allowable ratio of debt to tangible net worth and a borrowing base restriction if the Company's ratio of debt to tangible net worth exceeds a certain level. These covenants are measured as defined in the credit agreement governing the facility and are reported to the lenders quarterly. A failure to comply with these financial covenants could allow the lending banks to terminate the availability of funds under the revolving credit facility or cause any outstanding borrowings to become due and payable prior to maturity. In addition, the credit agreement governing the facility and the indentures governing the senior notes impose restrictions on the creation of secured debt and liens. At March 31, 2014, the Company was in compliance with all of the covenants, limitations and restrictions of its revolving credit facility and public debt obligations.
	The Company has an automatically effective universal shelf registration statement, filed with the Securities and Exchange Commission (SEC) in September 2012, registering debt and equity securities that the Company may issue from time to time in amounts to be determined.
	On January 15, 2014, the Company repaid the remaining $145.9 million principal amount of its 6.125% senior notes which were due on that date. In February 2014, the Company issued $500 million principal amount of 3.75% senior notes due March 1, 2019, with interest payable semi-annually. The notes represent unsecured obligations of the Company. The annual effective interest rate of the senior notes after giving effect to the amortization of financing costs is 3.9%.
	The Company's 2% convertible senior notes become due on May 15, 2014. Holders of these notes may convert all or any portion of their notes at their option at any time prior to the close of business on May 13, 2014, the second trading date preceding their maturity date. The conversion rate is 77.18004 shares of the Company's common stock per $1,000 principal amount of senior notes, which is equivalent to a conversion price of approximately $12.96 per share of common stock. If all of the remaining 2% convertible senior notes were converted into the Company's common stock, the Company would issue 38.6 million shares of its common stock as a result of the conversion. Upon conversion, the Company may satisfy its conversion obligation with cash, shares of its common stock or a combination thereof at its election. The Company intends to satisfy any conversion obligations with shares of its common stock.
	Effective August 1, 2013, the Board of Directors authorized the repurchase of up to $500 million of the Company's debt securities effective through July 31, 2014. All of the $500 million authorization was remaining at March 31, 2014.
	Financial Services:
	The Company’s mortgage subsidiary, DHI Mortgage, has a mortgage repurchase facility that is accounted for as a secured financing. The mortgage repurchase facility provides financing and liquidity to DHI Mortgage by facilitating purchase transactions in which DHI Mortgage transfers eligible loans to the counterparties against the transfer of funds by the counterparties, thereby becoming purchased loans. DHI Mortgage then has the right and obligation to repurchase the purchased loans upon their sale to third-party purchasers in the secondary market or within specified time frames from 45 to 120 days in accordance with the terms of the mortgage repurchase facility. The total capacity of the facility is $300 million; however, the capacity can be increased up to $400 million subject to the availability of additional commitments. In February 2014, the mortgage repurchase facility was renewed and amended. This renewal and amendment extends the maturity date of the facility to February 27, 2015 and allows for the capacity of the facility to be increased, without requiring additional commitments, from $300 million to $325 million on the last five days of any fiscal quarter and the first twenty-five days of the following fiscal quarter, excluding the quarter ending December 31, 2014.
	As of March 31, 2014, $312.0 million of mortgage loans held for sale with a collateral value of $298.9 million were pledged under the mortgage repurchase facility. As a result of advance paydowns totaling $75.1 million, DHI Mortgage had an obligation of $223.8 million outstanding under the mortgage repurchase facility at March 31, 2014 at a 2.6% annual interest rate.
	The mortgage repurchase facility is not guaranteed by D.R. Horton, Inc. or any of the subsidiaries that guarantee the Company’s homebuilding debt. The facility contains financial covenants as to the mortgage subsidiary’s minimum required tangible net worth, its maximum allowable ratio of debt to tangible net worth and its minimum required liquidity. These covenants are measured and reported monthly. At March 31, 2014, DHI Mortgage was in compliance with all of the conditions and covenants of the mortgage repurchase facility.

Capitalized_Interest

Capitalized Interest	6 Months Ended
	Mar. 31, 2014
Interest Costs Incurred [Abstract]	'
Capitalized Interest [Text Block]	'
	CAPITALIZED INTEREST
	The Company capitalizes interest costs incurred to inventory during active development and construction (active inventory). Capitalized interest is charged to cost of sales as the related inventory is delivered to the buyer. During much of the last few years, the Company’s active inventory was lower than its debt level and therefore, a portion of the interest incurred was reflected as interest expense. However, since the third quarter of fiscal 2013, the Company's active inventory has exceeded its debt level, and all interest incurred during those periods was capitalized to inventory.
	The following table summarizes the Company’s interest costs incurred, capitalized, expensed as interest expense and charged to cost of sales during the three and six months ended March 31, 2014 and 2013:
			Three Months Ended						Six Months Ended
			March 31,						March 31,
			2014			2013			2014			2013
			(In millions)
	Capitalized interest, beginning of period		$	161.1		$	91.3		$	137.1		$	82.3
	Interest incurred (1)		49.5			43.1			98.8			81.1
	Interest expensed:
	Directly to interest expense		—			(3.0		)	—			(7.1		)
	Amortized to cost of sales		(26.9		)	(27.6		)	(52.2		)	(52.5		)
	Capitalized interest, end of period		$	183.7		$	103.8		$	183.7		$	103.8
	_______________
	-1	Interest incurred includes interest incurred on the Company's financial services mortgage repurchase facility of $0.9 million and $1.8 million in the three and six months ended March 31, 2014, respectively, and $1.1 million and $2.0 million in the same periods of 2013.
Rollforward of capitalized interest	'
	The following table summarizes the Company’s interest costs incurred, capitalized, expensed as interest expense and charged to cost of sales during the three and six months ended March 31, 2014 and 2013:
			Three Months Ended						Six Months Ended
			March 31,						March 31,
			2014			2013			2014			2013
			(In millions)
	Capitalized interest, beginning of period		$	161.1		$	91.3		$	137.1		$	82.3
	Interest incurred (1)		49.5			43.1			98.8			81.1
	Interest expensed:
	Directly to interest expense		—			(3.0		)	—			(7.1		)
	Amortized to cost of sales		(26.9		)	(27.6		)	(52.2		)	(52.5		)
	Capitalized interest, end of period		$	183.7		$	103.8		$	183.7		$	103.8
	_______________
	-1	Interest incurred includes interest incurred on the Company's financial services mortgage repurchase facility of $0.9 million and $1.8 million in the three and six months ended March 31, 2014, respectively, and $1.1 million and $2.0 million in the same periods of 2013.

Mortgage_Loans

Mortgage Loans	6 Months Ended
	Mar. 31, 2014
Mortgage Loans on Real Estate [Abstract]	'
MORTGAGE LOANS	'
	MORTGAGE LOANS
	Mortgage Loans Held for Sale
	Mortgage loans held for sale consist primarily of single-family residential loans collateralized by the underlying property. At March 31, 2014, mortgage loans held for sale had an aggregate fair value of $342.5 million and an aggregate outstanding principal balance of $336.4 million. At September 30, 2013, mortgage loans held for sale had an aggregate fair value of $395.1 million and an aggregate outstanding principal balance of $381.1 million. The Company had net gains on sales of loans and servicing rights of $23.9 million and $44.4 million during the three and six months ended March 31, 2014, respectively, compared to $26.7 million and $54.2 million in the same periods of fiscal 2013. Net gains on sales of loans and servicing rights are included in financial services revenues in the consolidated statements of operations. Approximately 81% of the mortgage loans sold by DHI Mortgage during the six months ended March 31, 2014 were sold to four major financial institutions, the largest of which represented 26% of the total loans sold.
	To manage the interest rate risk inherent in its mortgage operations, the Company hedges its risk using derivative instruments, generally forward sales of mortgage-backed securities (MBS), which are referred to as “hedging instruments” in the following discussion. The Company does not enter into or hold derivatives for trading or speculative purposes.
	Newly originated loans that have been closed but not committed to third-party purchasers are hedged to mitigate the risk of changes in their fair value. Hedged loans are committed to third-party purchasers typically within three days after origination. The notional amounts of the hedging instruments used to hedge mortgage loans held for sale vary in relationship to the underlying loan amounts, depending on the movements in the value of each hedging instrument relative to the value of the underlying mortgage loans. The fair value change related to the hedging instruments generally offsets the fair value change in the mortgage loans held for sale. The net fair value change, which for the three and six months ended March 31, 2014 and 2013 was not significant, is recognized in financial services revenues in the consolidated statements of operations. As of March 31, 2014, the Company had $140.4 million in mortgage loans held for sale not committed to third-party purchasers, and the notional amounts of the hedging instruments related to those loans totaled $139.8 million.
	Other Mortgage Loans and Loss Reserves
	Mortgage loans are sold with limited recourse provisions derived from industry-standard representations and warranties in the relevant agreements. Primarily, these representations and warranties involve the absence of misrepresentations by the borrower or other parties, the appropriate underwriting of the loan and in some cases, a required minimum number of payments to be made by the borrower. The Company generally does not retain any other continuing interest related to mortgage loans sold in the secondary market. Other mortgage loans generally consist of loans repurchased due to these limited recourse obligations. Typically, these loans are impaired and some become real estate owned through the foreclosure process. At March 31, 2014 and September 30, 2013, the Company’s total other mortgage loans and real estate owned, before loss reserves, were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Other mortgage loans	$	37.4	$	35.9
	Real estate owned	0.9		1.3
		$	38.3	$	37.2
	The Company has recorded reserves for estimated losses on other mortgage loans, real estate owned and future loan repurchase obligations due to the limited recourse provisions, all of which are recorded as reductions of financial services revenue. The loss reserve for loan recourse obligations is estimated based on an analysis of loan repurchase requests received, actual repurchases and losses through the disposition of such loans or requests, discussions with mortgage purchasers and analysis of mortgages originated. The reserve balances at March 31, 2014 and September 30, 2013 were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Loss reserves related to:
	Other mortgage loans	$	2.3	$	3.2
	Real estate owned	0.1		0.2
	Loan repurchase and settlement obligations – known and expected	25.5		25.9
		$	27.9	$	29.3
	Other mortgage loans and real estate owned and the related loss reserves are included in financial services other assets, while loan repurchase obligations are included in financial services accounts payable and other liabilities in the accompanying consolidated balance sheets.
	Loan Commitments and Related Derivatives
	The Company is party to interest rate lock commitments (IRLCs) which are extended to borrowers who have applied for loan funding and meet defined credit and underwriting criteria. At March 31, 2014, the notional amount of IRLCs, which are accounted for as derivative instruments recorded at fair value, totaled $322.7 million.
	The Company manages interest rate risk related to its IRLCs through the use of best-efforts whole loan delivery commitments and hedging instruments. These instruments are considered derivatives in an economic hedge and are accounted for at fair value with gains and losses recognized in financial services revenues in the consolidated statements of operations. As of March 31, 2014, the Company had a notional amount of approximately $27.9 million of best-efforts whole loan delivery commitments and a notional amount of $264.2 million of hedging instruments related to IRLCs not yet committed to purchasers.

Income_Taxes

Income Taxes	6 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	The Company’s income tax expense for the three and six months ended March 31, 2014 was $70.9 million and $137.5 million, respectively, compared to $31.1 million and $72.7 million in the same periods of fiscal 2013. The effective tax rate was 35.1% for both the three and six months ended March 31, 2014, compared to 21.9% and 29.1% in the same periods of fiscal 2013. The effective tax rate for the three and six months ended March 31, 2014 includes a tax benefit for the domestic production activities deduction that is offset by a similar amount of expense for state income taxes. The Company’s tax benefit for the domestic production activities deduction was limited in fiscal 2013 because of utilization of a net operating loss (NOL) carryforward. The low effective tax rate during the 2013 periods is primarily due to an $18.7 million reduction in the Company's valuation allowance on its deferred tax assets.
	At March 31, 2014 and September 30, 2013, the Company had deferred tax assets, net of deferred tax liabilities, of $601.1 million and $617.6 million, respectively, partially offset by valuation allowances of $31.3 million and $31.0 million, respectively. The valuation allowance for both periods relates to the Company’s state deferred tax assets for NOL carryforwards. The Company believes it is more likely than not that a portion of its state NOL carryforwards will not be realized because some state NOL carryforward periods are too brief to realize the related deferred tax assets.
	When assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. The realization of deferred tax assets is dependent upon the generation of sufficient taxable income in future periods. The Company records a valuation allowance when it determines it is more likely than not that a portion of the deferred tax assets will not be realized. The accounting for deferred taxes is based upon estimates of future results. Differences between the anticipated and actual outcomes of these future results could have a material impact on the Company's consolidated results of operations or financial position. Also, changes in existing federal and state tax laws and tax rates could affect future tax results and the valuation of the Company's deferred tax assets.

Earnings_Per_Share

Earnings Per Share	6 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
EARNINGS PER SHARE	'
	EARNINGS PER SHARE
	The following table sets forth the numerators and denominators used in the computation of basic and diluted earnings per share. Options to purchase 9.1 million and 5.6 million shares of common stock were excluded from the computation of diluted earnings per share for the fiscal 2014 and 2013 periods, respectively, because the exercise price of the options was greater than the average market price of the common shares and, therefore, their effect would have been antidilutive.
		Three Months Ended				Six Months Ended
		March 31,				March 31,
		2014		2013		2014		2013
		(In millions)
	Numerator:
	Net income	$	131	$	111	$	254.1	$	177.3
	Effect of dilutive securities:
	Interest and amortization of issuance costs associated with convertible senior notes, net of tax	6.9		5.8		13.7		11.5
	Numerator for diluted earnings per share after assumed conversions	$	137.9	$	116.8	$	267.8	$	188.8
	Denominator:
	Denominator for basic earnings per share — weighted average common shares	324.3		321.7		323.7		321.4
	Effect of dilutive securities:
	Employee stock awards	3.4		5.1		3.1		4.7
	Convertible senior notes	38.6		38.6		38.6		38.6
	Denominator for diluted earnings per share — adjusted weighted average common shares	366.3		365.4		365.4		364.7

Stockholders_Equity

Stockholders' Equity	6 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	STOCKHOLDERS’ EQUITY
	The Company has an automatically effective universal shelf registration statement, filed with the SEC in September 2012, registering debt and equity securities that it may issue from time to time in amounts to be determined.
	Effective August 1, 2013, the Board of Directors authorized the repurchase of up to $100 million of the Company’s common stock effective through July 31, 2014. All of the $100 million authorization was remaining at March 31, 2014, and no common stock has been repurchased subsequent to March 31, 2014.
	During the three months ended March 31, 2014, the Board of Directors approved a quarterly cash dividend of $0.0375 per common share, which was paid on February 18, 2014 to stockholders of record on February 7, 2014. In April 2014, the Board of Directors approved a quarterly cash dividend of $0.0375 per common share, payable on May 27, 2014 to stockholders of record on May 15, 2014. During fiscal 2013, total cash dividends were $0.1875 per common share, all of which were approved and paid during the first quarter.

Employee_Benefit_Plans

Employee Benefit Plans	6 Months Ended
	Mar. 31, 2014
Compensation Related Costs [Abstract]	'
EMPLOYEE BENEFIT PLANS	'
	EMPLOYEE BENEFIT PLANS
	Stock Options
	On March 6, 2014, the Compensation Committee of the Board of Directors approved and granted stock options to executive officers, other officers and employees of the Company. The stock option grants were made to approximately 500 recipients, who collectively may purchase approximately 3.8 million shares of the Company's common stock at an exercise price of $23.86 per share, the closing market price of the Company's common stock on the date of grant.
	Restricted Stock Unit Agreement
	In November 2013, the Compensation Committee of the Company's Board of Directors approved and granted awards of 350,000 performance based units (Performance Units) to the Chairman of the Board and the Chief Executive Officer of the Company that will vest at the end of a three-year performance period ending September 30, 2016. The number of units that ultimately vest depends on the Company's relative position as compared to its peers at the end of the three-year period in achieving certain performance criteria and can range from 0% to 200% of the number of units granted. The performance criteria are based on total shareholder return, return on investment, selling, general and administrative (SG&A) expense containment and gross profit. The earned awards will have a value equal to the number of earned units multiplied by the closing price of the Company's common stock at the end of the performance period and may be paid in cash, equity or a combination of both. The Compensation Committee has the discretion to reduce the final payout on the Performance Units from the amount earned. The Performance Units have no dividend or voting rights during the performance period. These awards are accounted for as liability awards and compensation expense for these awards is recognized over the vesting period. The liability for these awards of $2.0 million at March 31, 2014 was based on the Company's performance against the peer group, the elapsed portion of the performance period and the Company's stock price at March 31, 2014. Compensation expense related to this grant was $0.8 million and $2.0 million for the three and six months ended March 31, 2014, respectively.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES
	Warranty Claims
	The Company typically provides its homebuyers with a ten-year limited warranty for major defects in structural elements such as framing components and foundation systems, a two-year limited warranty on major mechanical systems, and a one-year limited warranty on other construction components. The Company’s warranty liability is based upon historical warranty cost experience in each market in which it operates, and is adjusted as appropriate to reflect qualitative risks associated with the types of homes built and the geographic areas in which they are built.
	Changes in the Company’s warranty liability during the three and six months ended March 31, 2014 and 2013 were as follows:
		Three Months Ended						Six Months Ended
		March 31,						March 31,
		2014			2013			2014			2013
		(In millions)
	Warranty liability, beginning of period	$	56.7		$	56.6		$	56.9		$	56.8
	Warranties issued	7.4			6.1			14.6			11.6
	Changes in liability for pre-existing warranties	1.1			1.6			2.1			5.2
	Settlements made	(7.9		)	(7.0		)	(16.3		)	(16.3		)
	Warranty liability, end of period	$	57.3		$	57.3		$	57.3		$	57.3
	Legal Claims and Insurance
	The Company is named as a defendant in various claims, complaints and other legal actions in the ordinary course of business. At any point in time, the Company is managing several hundred individual claims related to construction defect matters, personal injury claims, employment matters, land development issues and contract disputes. The Company has established reserves for these contingencies based on the estimated costs of pending claims and the estimated costs of anticipated future claims related to previously closed homes. The estimated liabilities for these contingencies were $454.2 million and $482.0 million at March 31, 2014 and September 30, 2013, respectively, and are included in homebuilding accrued expenses and other liabilities in the consolidated balance sheets. At both March 31, 2014 and September 30, 2013, approximately 99% of these reserves related to construction defect matters. Expenses related to the Company’s legal contingencies were $5.4 million and $15.0 million in the six months ended March 31, 2014 and 2013, respectively.
	The Company’s reserves for construction defect claims include the estimated costs of both known claims and anticipated future claims. As of March 31, 2014, no individual existing claim was material to the Company’s financial statements, and the majority of the Company’s total construction defect reserves consisted of the estimated exposure to future claims on previously closed homes. The Company has closed a significant number of homes during recent years, and as a result the Company may be subject to future construction defect claims on these homes. Although regulations vary from state to state, construction defect issues can generally be reported for up to ten years after the home has closed in many states in which the Company operates. Historical data and trends regarding the frequency of claims incurred and the costs to resolve claims relative to the types of products and markets where the Company operates are used to estimate the construction defect liabilities for both existing and anticipated future claims. These estimates are subject to ongoing revision as the circumstances of individual pending claims and historical data and trends change. Adjustments to estimated reserves are recorded in the accounting period in which the change in estimate occurs.
	Historical trends in construction defect claims have been inconsistent, and the Company believes they may continue to fluctuate over the next several years. Housing market conditions have been volatile across most of the Company's markets over the past ten years, and the Company believes such conditions can affect the frequency and cost of construction defect claims. The Company closed a significant number of homes during its peak operating years from 2003 to 2007. If the ultimate resolution of construction defect claims resulting from closings in the Company's peak operating years varies from current expectations, it could significantly change the Company's estimates regarding the frequency and timing of claims incurred and the costs to resolve existing and anticipated future claims, which would impact the construction defect reserves in the future. If the frequency of claims incurred or costs of existing and future legal claims significantly exceed the Company's current estimates, they will have a significant negative impact on its future earnings and liquidity.
	The Company's reserves for legal claims decreased from $482.0 million at September 30, 2013 to $454.2 million at March 31, 2014 primarily due to a decrease in the estimated cost to resolve future claims and payments made for legal claims during the period, net of reimbursements received from subcontractors. These decreases were partially offset by an increase in reserves for homes closed during the current quarter that are subject to possible future construction defect claims. Changes in the Company’s legal claims reserves during the six months ended March 31, 2014 and 2013 were as follows:
		Six Months Ended
		March 31,
		2014			2013
		(In millions)
	Reserves for legal claims, beginning of period	$	482		$	544.9
	Decrease in reserves	(17.4		)	(12.0		)
	Payments	(10.4		)	(13.2		)
	Reserves for legal claims, end of period	$	454.2		$	519.7
	The Company estimates and records receivables under applicable insurance policies related to its estimated contingencies for known claims and anticipated future construction defect claims on previously closed homes and other legal claims and lawsuits incurred in the ordinary course of business when recovery is probable. Additionally, the Company may have the ability to recover a portion of its losses from its subcontractors and their insurance carriers when the Company has been named as an additional insured on their insurance policies. The Company's receivables related to its estimates of insurance recoveries from estimated losses from pending legal claims and anticipated future claims related to previously closed homes totaled $136.1 million, $162.1 million and $195.8 million at March 31, 2014, September 30, 2013 and March 31, 2013, respectively, and are included in homebuilding other assets in the consolidated balance sheets. The decrease in these receivables corresponds to the decrease in the reserve for legal claims.
	The estimation of losses related to these reserves and the related estimates of recoveries from insurance policies are subject to a high degree of variability due to uncertainties such as trends in construction defect claims relative to the Company's markets and the types of products built, claim frequency, claim settlement costs and patterns, insurance industry practices and legal interpretations, among others. Due to the high degree of judgment required in establishing reserves for these contingencies, actual future costs and recoveries from insurance could differ significantly from current estimated amounts, and it is not possible for the Company to make a reasonable estimate of the possible loss or range of loss in excess of its reserves.
	Land and Lot Option Purchase Contracts
	The Company enters into land and lot option purchase contracts to acquire land or lots for the construction of homes. At March 31, 2014, the Company had total deposits of $41.3 million, consisting of cash deposits of $34.1 million and promissory notes, letters of credit and surety bonds of $7.2 million, to purchase land and lots with a total remaining purchase price of approximately $1.8 billion. A limited number of the land and lot option purchase contracts at March 31, 2014, representing $11.6 million of remaining purchase price, were subject to specific performance clauses which may require the Company to purchase the land or lots upon the land sellers meeting their obligations. The majority of land and lots under contract are currently expected to be purchased within three years.
	Other Commitments
	At March 31, 2014, the Company had outstanding surety bonds of $748.3 million and letters of credit of $75.2 million to secure performance under various contracts. Of the total letters of credit, $70.5 million were issued under the Company's revolving credit facility and were cash collateralized to receive better pricing. The remaining $4.7 million of letters of credit were issued under secured letter of credit agreements requiring the Company to deposit cash as collateral with the issuing banks. At March 31, 2014 and September 30, 2013, the amount of cash restricted for these purposes totaled $75.2 million and $73.6 million, respectively, and is included in homebuilding restricted cash in the consolidated balance sheets.

Other_Assets_and_Accrued_Expen

Other Assets and Accrued Expenses and Other Liabilities	6 Months Ended
	Mar. 31, 2014
Other Assets and Accrued Expenses and Other Liabilities [Abstract]	'
OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES	'
	OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES
	The Company’s homebuilding other assets at March 31, 2014 and September 30, 2013 were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Insurance receivables	$	136.1	$	162.1
	Earnest money and refundable deposits	100.5		98.5
	Accounts and notes receivable	23.8		24.1
	Prepaid assets	45.5		49.4
	Rental properties	45.8		41.3
	Debt securities collateralized by residential real estate	20.8		20.3
	Other assets	55.3		64.8
		$	427.8	$	460.5
	The Company’s homebuilding accrued expenses and other liabilities at March 31, 2014 and September 30, 2013 were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Reserves for legal claims	$	454.2	$	482
	Employee compensation and related liabilities	125.5		130.2
	Warranty liability	57.3		56.9
	Accrued interest	33.4		34
	Federal and state income tax liabilities	20.2		29.9
	Inventory related accruals	37.9		46.3
	Homebuyer deposits	43.4		39.3
	Accrued property taxes	16.3		30
	Other liabilities	34.4		37.4
		$	822.6	$	886

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	FAIR VALUE MEASUREMENTS
	Fair value measurements are used for the Company's mortgage loans held for sale, debt securities collateralized by residential real estate, IRLCs and other derivative instruments on a recurring basis, and are used for inventories, other mortgage loans and real estate owned on a nonrecurring basis, when events and circumstances indicate that the carrying value may not be recoverable. The fair value hierarchy and its application to the Company’s assets and liabilities is as follows:
	•	Level 1 – Valuation is based on quoted prices in active markets for identical assets and liabilities.
	•	Level 2 – Valuation is determined from quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar instruments in markets that are not active, or by model-based techniques in which all significant inputs are observable in the market. The Company’s assets and liabilities measured at fair value using Level 2 inputs on a recurring basis are as follows:
	▪	mortgage loans held for sale;
	▪	IRLCs; and
	▪	loan sale commitments and hedging instruments.
	•	Level 3 – Valuation is typically derived from model-based techniques in which at least one significant input is unobservable and based on the Company’s own estimates about the assumptions that market participants would use to value the asset or liability.
	The Company's assets measured at fair value using Level 3 inputs on a recurring basis are as follows:
	▪	debt securities collateralized by residential real estate; and
	▪	a limited number of mortgage loans held for sale with some degree of impairment affecting their marketability.
	The Company’s assets measured at fair value using Level 3 inputs that are typically reported at the lower of carrying value or fair value on a nonrecurring basis are as follows:
	▪	inventory held and used;
	▪	inventory available for sale;
	▪	certain mortgage loans; and
	▪	real estate owned.
	The following tables summarize the Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2014 and September 30, 2013, and the changes in the fair value of the Level 3 assets during the six months ended March 31, 2014.
				Fair Value at March 31, 2014
			Balance Sheet Location	Level 1			Level 2			Level 3				Total
				(In millions)
	Homebuilding:
	Debt securities collateralized by residential real estate (a)		Other assets	$	—		$	—		$	20.8			$	20.8
	Financial Services:
	Mortgage loans held for sale (b)		Mortgage loans held for sale	—			335.8			6.7				342.5
	Derivatives not designated as hedging instruments (c):
	Interest rate lock commitments		Other assets	—			1.6			—				1.6
	Forward sales of MBS		Other assets	—			0.2			—				0.2
	Best-efforts and mandatory commitments		Other assets	—			0.3			—				0.3
				Fair Value at September 30, 2013
			Balance Sheet Location	Level 1			Level 2			Level 3				Total
				(In millions)
	Homebuilding:
	Debt securities collateralized by residential real estate (a)		Other assets	$	—		$	—		$	20.3			$	20.3
	Financial Services:
	Mortgage loans held for sale (b)		Mortgage loans held for sale	—			389.4			5.7				395.1
	Derivatives not designated as hedging instruments (c):
	Interest rate lock commitments		Other assets	—			7			—				7
	Forward sales of MBS		Other liabilities	—			(8.8		)	—				(8.8		)
	Best-efforts and mandatory commitments		Other liabilities	—			(3.1		)	—				(3.1		)
		Level 3 Assets at Fair Value for the
		Six Months Ended March 31, 2014
		Balance at September 30, 2013			Net realized and unrealized gains/(losses)			Purchases			Sales and Settlements				Principal Reductions		Net transfers in/(out)		Balance at March 31, 2014
																	of Level 3
		(In millions)
	Debt securities collateralized by residential real estate (a)	$	20.3		$	0.5		$	—		$	—			$	—	$	—	$	20.8
	Mortgage loans held for sale (b)	5.7			0.1			—			(0.3		)		—		1.2		6.7
	(a)	In October 2012, the Company purchased defaulted debt securities which are secured by residential real estate. These securities, which are included in other assets in the consolidated balance sheets, are classified as available for sale and are reflected at fair value. At March 31, 2014, the fair value of these securities was based on a recent agreement with an outside third party to sell the securities. Unrealized gains or losses on these securities, net of tax, are recorded in accumulated other comprehensive income (loss) in the consolidated balance sheets.
	(b)	Mortgage loans held for sale are reflected at fair value. Interest income earned on mortgage loans held for sale is based on contractual interest rates and included in financial services interest and other income. Mortgage loans held for sale at March 31, 2014 includes $6.7 million of originated loans for which the Company elected the fair value option upon origination and for which the Company has not sold into the secondary market, but plans to sell as market conditions permit. The fair value of these mortgage loans held for sale is generally calculated considering the secondary market and adjusted for the value of the underlying collateral, including interest rate risk, liquidity risk and prepayment risk.
	(c)	Fair value measurements of these derivatives represent changes in fair value and are reflected in the balance sheet. Changes in these fair values during the periods presented are included in financial services revenues in the consolidated statements of operations.
	The following table summarizes the Company’s assets measured at fair value on a nonrecurring basis at March 31, 2014 and September 30, 2013:
				Fair Value at			Fair Value at
				March 31, 2014			September 30, 2013
			Balance Sheet Location	Level 3			Level 3
				(In millions)
	Homebuilding:
	Inventory held and used (a) (b)		Inventories	$	—		$	0.5
	Inventory available for sale (a) (c)		Inventories	0.1			10.8
	Financial Services:
	Other mortgage loans (a) (d)		Other assets	19.2			22.6
	Real estate owned (a) (d)		Other assets	0.5			0.7
	_______________________________________
	(a)	The fair values included in the table above represent only those assets whose carrying values were adjusted to fair value in the respective quarter.
	(b)	In performing its impairment analysis of communities, a discount rate of 14% was used in the periods presented.
(c)	The fair value of inventory available for sale was determined based on recent offers received from outside third parties and actual contracts.
(d)	The fair values of other mortgage loans and real estate owned are determined based on the value of the underlying collateral.
For the financial assets and liabilities for which the Company has not elected the fair value option, the following tables present both their respective carrying value and fair value at March 31, 2014 and September 30, 2013:
	Carrying Value			Fair Value at March 31, 2014
				Level 1			Level 2			Level 3				Total
	(In millions)
Homebuilding:
Cash and cash equivalents (a)	$	930.8		$	930.8		$	—		$	—			$	930.8
Restricted cash (a)	79.8			79.8			—			—				79.8
Senior notes (b)	3,137.80			—			3,231.50			—				3,231.50
Convertible senior notes (b)	495.6			—			833.5			—				833.5
Financial Services:
Cash and cash equivalents (a)	20.6			20.6			—			—				20.6
Mortgage repurchase facility (a)	223.8			—			—			223.8				223.8
	Carrying Value			Fair Value at September 30, 2013
				Level 1			Level 2			Level 3				Total
	(In millions)
Homebuilding:
Cash and cash equivalents (a)	$	913.3		$	913.3		$	—		$	—			$	913.3
Restricted cash (a)	77.8			77.8			—			—				77.8
Senior notes (b)	2,783.30			—			2,811.50			—				2,811.50
Convertible senior notes (b)	478.7			—			762.4			—				762.4
Financial Services:
Cash and cash equivalents (a)	23.2			23.2			—			—				23.2
Mortgage repurchase facility (a)	238.6			—			—			238.6				238.6
_______________________________________
(a)	The fair value approximates carrying value due to its short-term nature, short maturity or floating interest rate terms, as applicable.
(b)	The fair value is determined based on quoted market prices of recent transactions of the notes, which is classified as Level 2 within the fair value hierarchy.

Supplemental_Guarantor_Informa

Supplemental Guarantor Information	6 Months Ended
	Mar. 31, 2014
Supplemental Guarantor Information [Abstract]	'
SUPPLEMENTAL GUARANTOR INFORMATION	'
	SUPPLEMENTAL GUARANTOR INFORMATION
	All of the Company's senior and convertible senior notes and the unsecured revolving credit facility are fully and unconditionally guaranteed, on a joint and several basis, by substantially all of the Company's homebuilding subsidiaries (collectively, Guarantor Subsidiaries). Each of the Guarantor Subsidiaries is 100% owned, directly or indirectly, by the Company. The Company's subsidiaries engaged in the financial services segment and certain other subsidiaries do not guarantee the Company's senior and convertible senior notes and the unsecured revolving credit facility (collectively, Non-Guarantor Subsidiaries). In lieu of providing separate financial statements for the Guarantor Subsidiaries, consolidating condensed financial statements are presented below. Separate financial statements and other disclosures concerning the Guarantor Subsidiaries are not presented because management has determined that they are not material to investors.
	The guarantees by a Guarantor Subsidiary will be automatically and unconditionally released and discharged upon: (1) the sale or other disposition of its common stock whereby it is no longer a subsidiary of the Company; (2) the sale or other disposition of all or substantially all of its assets (other than to the Company or another Guarantor); (3) its merger or consolidation with an entity other than the Company or another Guarantor; or (4) depending on the provisions of the applicable indenture, either (a) its proper designation as an unrestricted subsidiary, (b) its ceasing to guarantee any of the Company's publicly traded debt securities, or (c) its ceasing to guarantee any of the Company's obligations under the revolving credit facility.
	The Company revised its condensed consolidating statement of cash flows for the six months ended March 31, 2013 to reflect the change in intercompany advances in the D.R. Horton, Inc. column as an investing activity. Such amount was previously labeled net change in intercompany receivables/payables and classified as a financing activity. The revision resulted in an increase in cash provided by financing activities and an increase in cash used in investing activities in the D.R. Horton, Inc. column in the amount of $495.3 million. This revision had no impact on any financial statements or notes, except for the D.R. Horton, Inc. and Eliminations columns of the condensed consolidating statement of cash flows in this Supplemental Guarantor Information note, and the Company determined the revision was not material. As other prior period financial information is presented, the Company will similarly revise the condensed consolidating statements of cash flows in its future filings.
	During the quarter ended March 31, 2014, the Company identified an error with respect to its condensed consolidating statement of cash flows for the three months ended December 31, 2013. The Company will revise the condensed consolidating statement of cash flows when it is presented as comparative information in the Company’s December 31, 2014 quarterly report. The revision will increase net cash used in operating activities in the D.R. Horton, Inc. column by $32.0 million and decrease intercompany advances and net cash used in investing activities in the D.R. Horton, Inc. column by $32.0 million. The revision will also decrease net cash used in operating activities in the Guarantor Subsidiaries column by $32.0 million and decrease intercompany advances and cash provided by financing activities in the Guarantor Subsidiaries column by $32.0 million. The revision described above corrects the classification of the cash flows related to the purchase of the homebuilding operations of Regent Homes. The error, which the Company determined is not material, had no impact on any financial statements or notes, except for the D.R. Horton, Inc., Guarantor Subsidiaries and Eliminations columns of the condensed consolidating statement of cash flows in the Supplemental Guarantor Information note for the quarter ended December 31, 2013. Such amounts have been appropriately reflected in the condensed consolidating statement of cash flows for the six months ended March 31, 2014.
	NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
	Consolidating Balance Sheet
	March 31, 2014
		D.R.			Guarantor			Non-Guarantor			Eliminations			Total
		Horton, Inc.			Subsidiaries			Subsidiaries
		(In millions)
	ASSETS
	Cash and cash equivalents	$	862.8		$	63		$	25.6		$	—		$	951.4
	Restricted cash	78.6			1.2			—			—			79.8
	Investments in subsidiaries	2,648.40			—			—			(2,648.4		)	—
	Inventories	2,444.80			4,323.20			15.6			—			6,783.60
	Deferred income taxes	199			370.8			—			—			569.8
	Property and equipment, net	46.3			42.7			34.3			—			123.3
	Other assets	143.1			224.4			113.7			—			481.2
	Mortgage loans held for sale	—			—			342.5			—			342.5
	Goodwill	—			41.2			—			—			41.2
	Intercompany receivables	1,888.90			—			—			(1,888.9		)	—
	Total Assets	$	8,311.90		$	5,066.50		$	531.7		$	(4,537.3	)	$	9,372.80
	LIABILITIES & EQUITY
	Accounts payable and other liabilities	$	330.8		$	705.7		$	124.6		$	—		$	1,161.10
	Intercompany payables	—			1,857.30			31.6			(1,888.9		)	—
	Notes payable	3,634.80			3.5			223.8			—			3,862.10
	Total Liabilities	3,965.60			2,566.50			380			(1,888.9		)	5,023.20
	Total stockholders’ equity	4,346.30			2,500.00			148.4			(2,648.4		)	4,346.30
	Noncontrolling interests	—			—			3.3			—			3.3
	Total Equity	4,346.30			2,500.00			151.7			(2,648.4		)	4,349.60
	Total Liabilities & Equity	$	8,311.90		$	5,066.50		$	531.7		$	(4,537.3	)	$	9,372.80
	NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
	Consolidating Balance Sheet
	September 30, 2013
		D.R.			Guarantor			Non-Guarantor			Eliminations			Total
		Horton, Inc.			Subsidiaries			Subsidiaries
		(In millions)
	ASSETS
	Cash and cash equivalents	$	871.4		$	38.4		$	26.7		$	—		$	936.5
	Restricted cash	76.5			1.2			0.1			—			77.8
	Investments in subsidiaries	2,477.70			—			—			(2,477.7		)	—
	Inventories	2,177.40			4,002.90			17.1			—			6,197.40
	Deferred income taxes	201.7			384.9			—			—			586.6
	Property and equipment, net	41			34.5			31.2			—			106.7
	Other assets	167			233.4			117			—			517.4
	Mortgage loans held for sale	—			—			395.1			—			395.1
	Goodwill	—			38.9			—			—			38.9
	Intercompany receivables	1,697.00			—			—			(1,697.0		)	—
	Total Assets	$	7,709.70		$	4,734.20		$	587.2		$	(4,174.7	)	$	8,856.40
	LIABILITIES & EQUITY
	Accounts payable and other liabilities	$	383.8		$	766.5		$	135.7		$	—		$	1,286.00
	Intercompany payables	—			1,664.20			32.8			(1,697.0		)	—
	Notes payable	3,267.40			3			238.6			—			3,509.00
	Total Liabilities	3,651.20			2,433.70			407.1			(1,697.0		)	4,795.00
	Total stockholders’ equity	4,058.50			2,300.50			177.2			(2,477.7		)	4,058.50
	Noncontrolling interests	—			—			2.9			—			2.9
	Total Equity	4,058.50			2,300.50			180.1			(2,477.7		)	4,061.40
	Total Liabilities & Equity	$	7,709.70		$	4,734.20		$	587.2		$	(4,174.7	)	$	8,856.40
	NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
	Consolidating Statement of Operations
	Three Months Ended March 31, 2014
		D.R.			Guarantor			Non-Guarantor			Eliminations			Total
Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
Homebuilding:
Revenues	$	574.1		$	1,119.70		$	2.8		$	—		$	1,696.60
Cost of sales	453.5			864			2.3			—			1,319.80
Gross profit	120.6			255.7			0.5			—			376.8
Selling, general and administrative expense	87.9			97.7			2.3			—			187.9
Equity in (income) of subsidiaries	(169.0		)	—			—			169			—
Other (income)	(0.2		)	(1.1		)	(1.5		)	—			(2.8		)
Homebuilding pre-tax income (loss)	201.9			159.1			(0.3		)	(169.0		)	191.7
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			38.4			—			38.4
General and administrative expense	—			—			30.2			—			30.2
Interest and other (income)	—			—			(2.0		)	—			(2.0		)
Financial services pre-tax income	—			—			10.2			—			10.2
Income before income taxes	201.9			159.1			9.9			(169.0		)	201.9
Income tax expense	70.9			55.9			3.4			(59.3		)	70.9
Net income	$	131		$	103.2		$	6.5		$	(109.7	)	$	131
Comprehensive income	$	131		$	103.5		$	6.5		$	(109.7	)	$	131.3
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Operations
Six Months Ended March 31, 2014
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
Homebuilding:
Revenues	$	1,126.20		$	2,200.00		$	6.1		$	—		$	3,332.30
Cost of sales	883			1,704.50			6			—			2,593.50
Gross profit	243.2			495.5			0.1			—			738.8
Selling, general and administrative expense	176.9			190.2			4.2			—			371.3
Equity in (income) of subsidiaries	(324.6		)	—			—			324.6			—
Other (income)	(0.7		)	(2.0		)	(3.4		)	—			(6.1		)
Homebuilding pre-tax income (loss)	391.6			307.3			(0.7		)	(324.6		)	373.6
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			73.3			—			73.3
General and administrative expense	—			—			60			—			60
Interest and other (income)	—			—			(4.7		)	—			(4.7		)
Financial services pre-tax income	—			—			18			—			18
Income before income taxes	391.6			307.3			17.3			(324.6		)	391.6
Income tax expense	137.5			107.9			6			(113.9		)	137.5
Net income	$	254.1		$	199.4		$	11.3		$	(210.7	)	$	254.1
Comprehensive income	$	254.1		$	199.7		$	11.3		$	(210.7	)	$	254.4
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Operations
Three Months Ended March 31, 2013
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
Homebuilding:
Revenues	$	441.2		$	947.2		$	2		$	—		$	1,390.40
Cost of sales	354.7			756			(1.5		)	—			1,109.20
Gross profit	86.5			191.2			3.5			—			281.2
Selling, general and administrative expense	75.4			78.2			1.5			—			155.1
Equity in (income) of subsidiaries	(132.3		)	—			—			132.3			—
Interest expense	1.9			—			—			—			1.9
Other (income)	(0.6		)	(1.0		)	(1.6		)	—			(3.2		)
Homebuilding pre-tax income	142.1			114			3.6			(132.3		)	127.4
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			41.2			—			41.2
General and administrative expense	—			—			28			—			28
Interest and other (income)	—			—			(1.5		)	—			(1.5		)
Financial services pre-tax income	—			—			14.7			—			14.7
Income before income taxes	142.1			114			18.3			(132.3		)	142.1
Income tax expense	31.1			20.8			0.8			(21.6		)	31.1
Net income	$	111		$	93.2		$	17.5		$	(110.7	)	$	111
Comprehensive income	$	111		$	93.2		$	17.5		$	(110.7	)	$	111
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Operations
Six Months Ended March 31, 2013
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
Homebuilding:
Revenues	$	847.5		$	1,770.60		$	5.4		$	—		$	2,623.50
Cost of sales	681.7			1,421.70			8.1			—			2,111.50
Gross profit (loss)	165.8			348.9			(2.7		)	—			512
Selling, general and administrative expense	139.4			153.3			3.1			—			295.8
Equity in (income) of subsidiaries	(227.2		)	—			—			227.2			—
Interest expense	5.1			—			—			—			5.1
Other (income)	(1.5		)	(2.2		)	(2.8		)	—			(6.5		)
Homebuilding pre-tax income (loss)	250			197.8			(3.0		)	(227.2		)	217.6
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			83			—			83
General and administrative expense	—			—			53.6			—			53.6
Interest and other (income)	—			—			(3.0		)	—			(3.0		)
Financial services pre-tax income	—			—			32.4			—			32.4
Income before income taxes	250			197.8			29.4			(227.2		)	250
Income tax expense	72.7			47.6			2.3			(49.9		)	72.7
Net income	$	177.3		$	150.2		$	27.1		$	(177.3	)	$	177.3
Comprehensive income	$	177.1		$	150.2		$	27.1		$	(177.3	)	$	177.1
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Cash Flows
Six Months Ended March 31, 2014
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities	$	(169.9	)	$	(118.9	)	$	61.9		$	(40.0	)	$	(266.9	)
INVESTING ACTIVITIES
Purchases of property and equipment	(12.3		)	(15.1		)	(5.4		)	—			(32.8		)
(Increase) decrease in restricted cash	(2.1		)	—			0.1			—			(2.0		)
Net principal increase of other mortgage loans and real estate owned	—			—			(1.7		)	—			(1.7		)
Intercompany advances	(157.4		)	—			—			157.4			—
Payments related to acquisition of a business	(34.5		)	—			—			—			(34.5		)
Net cash used in investing activities	(206.3		)	(15.1		)	(7.0		)	157.4			(71.0		)
FINANCING ACTIVITIES
Proceeds from notes payable	497			—			—			—			497
Repayment of notes payable	(148.8		)	—			(14.8		)	—			(163.6		)
Intercompany advances	—			158.6			(1.2		)	(157.4		)	—
Proceeds from stock associated with certain employee benefit plans	29.6			—			—			—			29.6
Excess income tax benefit from employee stock awards	1.9			—			—			—			1.9
Cash dividends paid	(12.1		)	—			(40.0		)	40			(12.1		)
Net cash provided by (used in) financing activities	367.6			158.6			(56.0		)	(117.4		)	352.8
(Decrease) increase in cash and cash equivalents	(8.6		)	24.6			(1.1		)	—			14.9
Cash and cash equivalents at beginning of period	871.4			38.4			26.7			—			936.5
Cash and cash equivalents at end of period	$	862.8		$	63		$	25.6		$	—		$	951.4
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Cash Flows
Six Months Ended March 31, 2013
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
OPERATING ACTIVITIES
Net cash used in operating activities	$	(310.0	)	$	(484.2	)	$	(16.1	)	$	(30.0	)	$	(840.3	)
INVESTING ACTIVITIES
Purchases of property and equipment	(12.9		)	(4.8		)	(7.6		)	—			(25.3		)
Purchases of marketable securities	(28.9		)	—			—			—			(28.9		)
Proceeds from the sale or maturity of marketable securities	325.4			—			—			—			325.4
Increase in restricted cash	(4.7		)	(0.5		)	—			—			(5.2		)
Purchase of debt securities collateralized by residential real estate	(18.6		)	—			—			—			(18.6		)
Intercompany advances	(495.3		)	—			—			495.3			—
Payments related to acquisition of a business	(9.4		)	—			—			—			(9.4		)
Net cash (used in) provided by investing activities	(244.4		)	(5.3		)	(7.6		)	495.3			238
FINANCING ACTIVITIES
Proceeds from notes payable	860			—			58			—			918
Repayment of notes payable	(170.4		)	—			—			—			(170.4		)
Intercompany advances	—			497.5			(2.2		)	(495.3		)	—
Proceeds from stock associated with certain employee benefit plans	17.7			—			—			—			17.7
Cash dividends paid	(60.2		)	—			(30.0		)	30			(60.2		)
Net cash provided by financing activities	647.1			497.5			25.8			(465.3		)	705.1
Increase in cash and cash equivalents	92.7			8			2.1			—			102.8
Cash and cash equivalents at beginning of period	968.9			56.3			22.5			—			1,047.70
Cash and cash equivalents at end of period	$	1,061.60		$	64.3		$	24.6		$	—		$	1,150.50

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	6 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ materially from those estimates.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	See Note N for a discussion of the revisions to the condensed consolidating statements of cash flows.
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	'
	Variable Interests
	The Company enters into land and lot option purchase contracts to acquire land or lots for the construction of homes. Under these contracts, the Company will fund a stated deposit in consideration for the right, but not the obligation, to purchase land or lots at a future point in time with predetermined terms. Under the terms of many of the option purchase contracts, the option deposits are not refundable in the event the Company elects to terminate the contract.
	Option purchase contracts can result in the creation of a variable interest in the entity holding the land parcel under option. There were no variable interest entities reported in the consolidated balance sheets at March 31, 2014 and September 30, 2013 because the Company determined it did not control the activities that most significantly impact the variable interest entity’s economic performance, and it did not have an obligation to absorb losses of or the right to receive benefits from the entity. The maximum exposure to losses related to the Company’s variable interest entities is limited to the amounts of the Company’s related option deposits. At March 31, 2014 and September 30, 2013, the amount of option deposits related to these contracts totaled $38.7 million and $36.9 million, respectively, and are included in homebuilding other assets in the consolidated balance sheets.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	In January 2014, the FASB issued ASU 2014-04, “Receivables - Troubled Debt Restructurings by Creditors,” which clarifies when an in substance repossession or foreclosure of residential real estate property collateralizing a consumer mortgage loan has occurred. This guidance helps determine when a creditor should derecognize a loan receivable and recognize real estate property. The guidance is effective for the Company beginning October 1, 2015 and is not expected to have a material impact on the Company’s consolidated financial position, results of operations or cash flows.

Segment_Information_Tables

Segment Information (Tables)	6 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
			Three Months Ended				Six Months Ended
			March 31,				March 31,
			2014		2013		2014		2013
			(In millions)
	Revenues
	Homebuilding revenues:
	East		$	203.2	$	153.8	$	393.3	$	291.1
	Midwest		99.9		92.8		205.7		182.2
	Southeast		471.3		333.2		918.7		624.7
	South Central		430.4		364		851.5		674.6
	Southwest		63.1		79		133.8		154.9
	West		428.7		367.6		829.3		696
	Homebuilding revenues		1,696.60		1,390.40		3,332.30		2,623.50
	Financial services revenues		38.4		41.2		73.3		83
	Total revenues		$	1,735.00	$	1,431.60	$	3,405.60	$	2,706.50
	Income Before Income Taxes (1)
	Homebuilding pre-tax income:
	East		$	14.2	$	8.5	$	25.7	$	15.5
	Midwest		9.1		9.9		19.1		7.9
	Southeast		52.2		28.3		103.7		47.7
	South Central		46.6		32.4		89		57.6
	Southwest		5.5		7.1		11.5		16.9
	West		64.1		41.2		124.6		72
	Homebuilding pre-tax income		191.7		127.4		373.6		217.6
	Financial services pre-tax income		10.2		14.7		18		32.4
	Income before income taxes		$	201.9	$	142.1	$	391.6	$	250
	____________________
	-1	Expenses maintained at the corporate level consist primarily of interest and property taxes, which are capitalized and amortized to cost of sales or expensed directly, and the expenses related to operating the Company’s corporate office. The amortization of capitalized interest and property taxes is allocated to each segment based on the segment’s revenue, while those expenses associated with the corporate office are allocated to each segment based on the segment’s inventory balances.
			March 31,		September 30,
			2014		2013
			(In millions)
	Homebuilding Inventories (1)
	East		$	763.3	$	742.9
	Midwest		447.8		412.2
	Southeast		1,643.10		1,508.50
	South Central		1,527.80		1,443.60
	Southwest		269.9		262.4
	West		1,920.30		1,668.20
	Corporate and unallocated (2)		211.4		159.6
	Total homebuilding inventory		$	6,783.60	$	6,197.40
	____________________
	-1	Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.
	-2	Corporate and unallocated consists primarily of capitalized interest and property taxes.

Notes_Payable_Tables

Notes Payable (Tables)	6 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Summary of notes payable at principal amounts, net of unamortized discounts	'
	The Company’s notes payable at their principal amounts, net of any unamortized discounts, consist of the following:
		March 31,		September 30,
		2014		2013
		(In millions)
	Homebuilding:
	Unsecured:
	Revolving credit facility, maturing 2018	$	—	$	—
	6.125% senior notes due 2014, net	—		145.8
	2% convertible senior notes due 2014, net	495.6		478.7
	5.625% senior notes due 2014, net	137.9		137.8
	5.25% senior notes due 2015, net	157.6		157.5
	5.625% senior notes due 2016, net	169.8		169.7
	6.5% senior notes due 2016, net	372.5		372.5
	4.75% senior notes due 2017	350		350
	3.625% senior notes due 2018	400		400
	3.75% senior notes due 2019	500		—
	4.375% senior notes due 2022	350		350
	4.75% senior notes due 2023	300		300
	5.75% senior notes due 2023	400		400
	Other secured	4.9		8.4
		$	3,638.30	$	3,270.40
	Financial Services:
	Mortgage repurchase facility, maturing 2015	$	223.8	$	238.6

Mortgage_Loans_Tables

Mortgage Loans (Tables)	6 Months Ended
	Mar. 31, 2014
Mortgage Loans on Real Estate [Abstract]	'
Schedule of other mortgage loans and real estate owned	'
	At March 31, 2014 and September 30, 2013, the Company’s total other mortgage loans and real estate owned, before loss reserves, were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Other mortgage loans	$	37.4	$	35.9
	Real estate owned	0.9		1.3
		$	38.3	$	37.2
Schedule of mortgage loss reserves	'
	The reserve balances at March 31, 2014 and September 30, 2013 were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Loss reserves related to:
	Other mortgage loans	$	2.3	$	3.2
	Real estate owned	0.1		0.2
	Loan repurchase and settlement obligations – known and expected	25.5		25.9
		$	27.9	$	29.3

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	6 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Numerator and denominator used to compute basic and diluted earnings per share	'
		Three Months Ended				Six Months Ended
		March 31,				March 31,
		2014		2013		2014		2013
		(In millions)
	Numerator:
	Net income	$	131	$	111	$	254.1	$	177.3
	Effect of dilutive securities:
	Interest and amortization of issuance costs associated with convertible senior notes, net of tax	6.9		5.8		13.7		11.5
	Numerator for diluted earnings per share after assumed conversions	$	137.9	$	116.8	$	267.8	$	188.8
	Denominator:
	Denominator for basic earnings per share — weighted average common shares	324.3		321.7		323.7		321.4
	Effect of dilutive securities:
	Employee stock awards	3.4		5.1		3.1		4.7
	Convertible senior notes	38.6		38.6		38.6		38.6
	Denominator for diluted earnings per share — adjusted weighted average common shares	366.3		365.4		365.4		364.7

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	6 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Changes in warranty liability	'
	Changes in the Company’s warranty liability during the three and six months ended March 31, 2014 and 2013 were as follows:
		Three Months Ended						Six Months Ended
		March 31,						March 31,
		2014			2013			2014			2013
		(In millions)
	Warranty liability, beginning of period	$	56.7		$	56.6		$	56.9		$	56.8
	Warranties issued	7.4			6.1			14.6			11.6
	Changes in liability for pre-existing warranties	1.1			1.6			2.1			5.2
	Settlements made	(7.9		)	(7.0		)	(16.3		)	(16.3		)
	Warranty liability, end of period	$	57.3		$	57.3		$	57.3		$	57.3
Rollforward of the reserve of legal claims	'
	Changes in the Company’s legal claims reserves during the six months ended March 31, 2014 and 2013 were as follows:
		Six Months Ended
		March 31,
		2014			2013
		(In millions)
	Reserves for legal claims, beginning of period	$	482		$	544.9
	Decrease in reserves	(17.4		)	(12.0		)
	Payments	(10.4		)	(13.2		)
	Reserves for legal claims, end of period	$	454.2		$	519.7

Other_Assets_and_Accrued_Expen1

Other Assets and Accrued Expenses and Other Liabilities (Tables)	6 Months Ended
	Mar. 31, 2014
Other Assets and Accrued Expenses and Other Liabilities [Abstract]	'
Homebuilding other assets	'
	The Company’s homebuilding other assets at March 31, 2014 and September 30, 2013 were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Insurance receivables	$	136.1	$	162.1
	Earnest money and refundable deposits	100.5		98.5
	Accounts and notes receivable	23.8		24.1
	Prepaid assets	45.5		49.4
	Rental properties	45.8		41.3
	Debt securities collateralized by residential real estate	20.8		20.3
	Other assets	55.3		64.8
		$	427.8	$	460.5
Homebuilding accrued expenses and other liabilities	'
	The Company’s homebuilding accrued expenses and other liabilities at March 31, 2014 and September 30, 2013 were as follows:
		March 31,		September 30,
		2014		2013
		(In millions)
	Reserves for legal claims	$	454.2	$	482
	Employee compensation and related liabilities	125.5		130.2
	Warranty liability	57.3		56.9
	Accrued interest	33.4		34
	Federal and state income tax liabilities	20.2		29.9
	Inventory related accruals	37.9		46.3
	Homebuyer deposits	43.4		39.3
	Accrued property taxes	16.3		30
	Other liabilities	34.4		37.4
		$	822.6	$	886

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	6 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair value measurements of assets and liabilities on a recurring basis	'
	The following tables summarize the Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2014 and September 30, 2013, and the changes in the fair value of the Level 3 assets during the six months ended March 31, 2014.
				Fair Value at March 31, 2014
			Balance Sheet Location	Level 1			Level 2			Level 3				Total
				(In millions)
	Homebuilding:
	Debt securities collateralized by residential real estate (a)		Other assets	$	—		$	—		$	20.8			$	20.8
	Financial Services:
	Mortgage loans held for sale (b)		Mortgage loans held for sale	—			335.8			6.7				342.5
	Derivatives not designated as hedging instruments (c):
	Interest rate lock commitments		Other assets	—			1.6			—				1.6
	Forward sales of MBS		Other assets	—			0.2			—				0.2
	Best-efforts and mandatory commitments		Other assets	—			0.3			—				0.3
				Fair Value at September 30, 2013
			Balance Sheet Location	Level 1			Level 2			Level 3				Total
				(In millions)
	Homebuilding:
	Debt securities collateralized by residential real estate (a)		Other assets	$	—		$	—		$	20.3			$	20.3
	Financial Services:
	Mortgage loans held for sale (b)		Mortgage loans held for sale	—			389.4			5.7				395.1
	Derivatives not designated as hedging instruments (c):
	Interest rate lock commitments		Other assets	—			7			—				7
	Forward sales of MBS		Other liabilities	—			(8.8		)	—				(8.8		)
	Best-efforts and mandatory commitments		Other liabilities	—			(3.1		)	—				(3.1		)
		Level 3 Assets at Fair Value for the
		Six Months Ended March 31, 2014
		Balance at September 30, 2013			Net realized and unrealized gains/(losses)			Purchases			Sales and Settlements				Principal Reductions		Net transfers in/(out)		Balance at March 31, 2014
																	of Level 3
		(In millions)
	Debt securities collateralized by residential real estate (a)	$	20.3		$	0.5		$	—		$	—			$	—	$	—	$	20.8
	Mortgage loans held for sale (b)	5.7			0.1			—			(0.3		)		—		1.2		6.7
	(a)	In October 2012, the Company purchased defaulted debt securities which are secured by residential real estate. These securities, which are included in other assets in the consolidated balance sheets, are classified as available for sale and are reflected at fair value. At March 31, 2014, the fair value of these securities was based on a recent agreement with an outside third party to sell the securities. Unrealized gains or losses on these securities, net of tax, are recorded in accumulated other comprehensive income (loss) in the consolidated balance sheets.
	(b)	Mortgage loans held for sale are reflected at fair value. Interest income earned on mortgage loans held for sale is based on contractual interest rates and included in financial services interest and other income. Mortgage loans held for sale at March 31, 2014 includes $6.7 million of originated loans for which the Company elected the fair value option upon origination and for which the Company has not sold into the secondary market, but plans to sell as market conditions permit. The fair value of these mortgage loans held for sale is generally calculated considering the secondary market and adjusted for the value of the underlying collateral, including interest rate risk, liquidity risk and prepayment risk.
	(c)	Fair value measurements of these derivatives represent changes in fair value and are reflected in the balance sheet. Changes in these fair values during the periods presented are included in financial services revenues in the consolidated statements of operations.
Fair value measurements of assets on a non-recurring basis	'
	The following table summarizes the Company’s assets measured at fair value on a nonrecurring basis at March 31, 2014 and September 30, 2013:
				Fair Value at			Fair Value at
				March 31, 2014			September 30, 2013
			Balance Sheet Location	Level 3			Level 3
				(In millions)
	Homebuilding:
	Inventory held and used (a) (b)		Inventories	$	—		$	0.5
	Inventory available for sale (a) (c)		Inventories	0.1			10.8
	Financial Services:
	Other mortgage loans (a) (d)		Other assets	19.2			22.6
	Real estate owned (a) (d)		Other assets	0.5			0.7
	_______________________________________
	(a)	The fair values included in the table above represent only those assets whose carrying values were adjusted to fair value in the respective quarter.
	(b)	In performing its impairment analysis of communities, a discount rate of 14% was used in the periods presented.
	(c)	The fair value of inventory available for sale was determined based on recent offers received from outside third parties and actual contracts.
	(d)	The fair values of other mortgage loans and real estate owned are determined based on the value of the underlying collateral.
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
	For the financial assets and liabilities for which the Company has not elected the fair value option, the following tables present both their respective carrying value and fair value at March 31, 2014 and September 30, 2013:
		Carrying Value			Fair Value at March 31, 2014
					Level 1			Level 2			Level 3				Total
		(In millions)
	Homebuilding:
	Cash and cash equivalents (a)	$	930.8		$	930.8		$	—		$	—			$	930.8
	Restricted cash (a)	79.8			79.8			—			—				79.8
	Senior notes (b)	3,137.80			—			3,231.50			—				3,231.50
	Convertible senior notes (b)	495.6			—			833.5			—				833.5
	Financial Services:
	Cash and cash equivalents (a)	20.6			20.6			—			—				20.6
	Mortgage repurchase facility (a)	223.8			—			—			223.8				223.8
		Carrying Value			Fair Value at September 30, 2013
					Level 1			Level 2			Level 3				Total
		(In millions)
	Homebuilding:
	Cash and cash equivalents (a)	$	913.3		$	913.3		$	—		$	—			$	913.3
	Restricted cash (a)	77.8			77.8			—			—				77.8
	Senior notes (b)	2,783.30			—			2,811.50			—				2,811.50
	Convertible senior notes (b)	478.7			—			762.4			—				762.4
	Financial Services:
	Cash and cash equivalents (a)	23.2			23.2			—			—				23.2
	Mortgage repurchase facility (a)	238.6			—			—			238.6				238.6
	_______________________________________
	(a)	The fair value approximates carrying value due to its short-term nature, short maturity or floating interest rate terms, as applicable.
	(b)	The fair value is determined based on quoted market prices of recent transactions of the notes, which is classified as Level 2 within the fair value hierarchy.

Supplemental_Guarantor_Informa1

Supplemental Guarantor Information (Tables)	6 Months Ended
	Mar. 31, 2014
Supplemental Guarantor Information [Abstract]	'
Supplemental Consolidating Balance Sheets	'
	Consolidating Balance Sheet
	March 31, 2014
		D.R.			Guarantor			Non-Guarantor			Eliminations			Total
		Horton, Inc.			Subsidiaries			Subsidiaries
		(In millions)
	ASSETS
	Cash and cash equivalents	$	862.8		$	63		$	25.6		$	—		$	951.4
	Restricted cash	78.6			1.2			—			—			79.8
	Investments in subsidiaries	2,648.40			—			—			(2,648.4		)	—
	Inventories	2,444.80			4,323.20			15.6			—			6,783.60
	Deferred income taxes	199			370.8			—			—			569.8
	Property and equipment, net	46.3			42.7			34.3			—			123.3
	Other assets	143.1			224.4			113.7			—			481.2
	Mortgage loans held for sale	—			—			342.5			—			342.5
	Goodwill	—			41.2			—			—			41.2
	Intercompany receivables	1,888.90			—			—			(1,888.9		)	—
	Total Assets	$	8,311.90		$	5,066.50		$	531.7		$	(4,537.3	)	$	9,372.80
	LIABILITIES & EQUITY
	Accounts payable and other liabilities	$	330.8		$	705.7		$	124.6		$	—		$	1,161.10
	Intercompany payables	—			1,857.30			31.6			(1,888.9		)	—
	Notes payable	3,634.80			3.5			223.8			—			3,862.10
	Total Liabilities	3,965.60			2,566.50			380			(1,888.9		)	5,023.20
	Total stockholders’ equity	4,346.30			2,500.00			148.4			(2,648.4		)	4,346.30
	Noncontrolling interests	—			—			3.3			—			3.3
	Total Equity	4,346.30			2,500.00			151.7			(2,648.4		)	4,349.60
	Total Liabilities & Equity	$	8,311.90		$	5,066.50		$	531.7		$	(4,537.3	)	$	9,372.80
	NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
	Consolidating Balance Sheet
	September 30, 2013
		D.R.			Guarantor			Non-Guarantor			Eliminations			Total
		Horton, Inc.			Subsidiaries			Subsidiaries
		(In millions)
	ASSETS
	Cash and cash equivalents	$	871.4		$	38.4		$	26.7		$	—		$	936.5
	Restricted cash	76.5			1.2			0.1			—			77.8
	Investments in subsidiaries	2,477.70			—			—			(2,477.7		)	—
	Inventories	2,177.40			4,002.90			17.1			—			6,197.40
	Deferred income taxes	201.7			384.9			—			—			586.6
	Property and equipment, net	41			34.5			31.2			—			106.7
	Other assets	167			233.4			117			—			517.4
	Mortgage loans held for sale	—			—			395.1			—			395.1
	Goodwill	—			38.9			—			—			38.9
	Intercompany receivables	1,697.00			—			—			(1,697.0		)	—
	Total Assets	$	7,709.70		$	4,734.20		$	587.2		$	(4,174.7	)	$	8,856.40
	LIABILITIES & EQUITY
	Accounts payable and other liabilities	$	383.8		$	766.5		$	135.7		$	—		$	1,286.00
	Intercompany payables	—			1,664.20			32.8			(1,697.0		)	—
	Notes payable	3,267.40			3			238.6			—			3,509.00
	Total Liabilities	3,651.20			2,433.70			407.1			(1,697.0		)	4,795.00
	Total stockholders’ equity	4,058.50			2,300.50			177.2			(2,477.7		)	4,058.50
	Noncontrolling interests	—			—			2.9			—			2.9
	Total Equity	4,058.50			2,300.50			180.1			(2,477.7		)	4,061.40
	Total Liabilities & Equity	$	7,709.70		$	4,734.20		$	587.2		$	(4,174.7	)	$	8,856.40
	NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
	Consolidating Statement of Operations
	Three Months Ended March 31, 2014
		D.R.			Guarantor			Non-Guarantor			Eliminations			Total
		Horton, Inc.			Subsidiaries			Subsidiaries
		(In millions)
	Homebuilding:
	Revenues	$	574.1		$	1,119.70		$	2.8		$	—		$	1,696.60
	Cost of sales	453.5			864			2.3			—			1,319.80
	Gross profit	120.6			255.7			0.5			—			376.8
Selling, general and administrative expense	87.9			97.7			2.3			—			187.9
Equity in (income) of subsidiaries	(169.0		)	—			—			169			—
Other (income)	(0.2		)	(1.1		)	(1.5		)	—			(2.8		)
Homebuilding pre-tax income (loss)	201.9			159.1			(0.3		)	(169.0		)	191.7
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			38.4			—			38.4
General and administrative expense	—			—			30.2			—			30.2
Interest and other (income)	—			—			(2.0		)	—			(2.0		)
Financial services pre-tax income	—			—			10.2			—			10.2
Income before income taxes	201.9			159.1			9.9			(169.0		)	201.9
Income tax expense	70.9			55.9			3.4			(59.3		)	70.9
Net income	$	131		$	103.2		$	6.5		$	(109.7	)	$	131
Comprehensive income	$	131		$	103.5		$	6.5		$	(109.7	)	$	131.3
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Operations
Six Months Ended March 31, 2014
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
Homebuilding:
Revenues	$	1,126.20		$	2,200.00		$	6.1		$	—		$	3,332.30
Cost of sales	883			1,704.50			6			—			2,593.50
Gross profit	243.2			495.5			0.1			—			738.8
Selling, general and administrative expense	176.9			190.2			4.2			—			371.3
Equity in (income) of subsidiaries	(324.6		)	—			—			324.6			—
Other (income)	(0.7		)	(2.0		)	(3.4		)	—			(6.1		)
Homebuilding pre-tax income (loss)	391.6			307.3			(0.7		)	(324.6		)	373.6
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			73.3			—			73.3
General and administrative expense	—			—			60			—			60
Interest and other (income)	—			—			(4.7		)	—			(4.7		)
Financial services pre-tax income	—			—			18			—			18
Income before income taxes	391.6			307.3			17.3			(324.6		)	391.6
Income tax expense	137.5			107.9			6			(113.9		)	137.5
Net income	$	254.1		$	199.4		$	11.3		$	(210.7	)	$	254.1
Comprehensive income	$	254.1		$	199.7		$	11.3		$	(210.7	)	$	254.4
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Operations
Three Months Ended March 31, 2013
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
Homebuilding:
Revenues	$	441.2		$	947.2		$	2		$	—		$	1,390.40
Cost of sales	354.7			756			(1.5		)	—			1,109.20
Gross profit	86.5			191.2			3.5			—			281.2
Selling, general and administrative expense	75.4			78.2			1.5			—			155.1
Equity in (income) of subsidiaries	(132.3		)	—			—			132.3			—
Interest expense	1.9			—			—			—			1.9
Other (income)	(0.6		)	(1.0		)	(1.6		)	—			(3.2		)
Homebuilding pre-tax income	142.1			114			3.6			(132.3		)	127.4
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			41.2			—			41.2
General and administrative expense	—			—			28			—			28
Interest and other (income)	—			—			(1.5		)	—			(1.5		)
Financial services pre-tax income	—			—			14.7			—			14.7
Income before income taxes	142.1			114			18.3			(132.3		)	142.1
Income tax expense	31.1			20.8			0.8			(21.6		)	31.1
Net income	$	111		$	93.2		$	17.5		$	(110.7	)	$	111
Comprehensive income	$	111		$	93.2		$	17.5		$	(110.7	)	$	111
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Operations
Six Months Ended March 31, 2013
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
Homebuilding:
Revenues	$	847.5		$	1,770.60		$	5.4		$	—		$	2,623.50
Cost of sales	681.7			1,421.70			8.1			—			2,111.50
Gross profit (loss)	165.8			348.9			(2.7		)	—			512
Selling, general and administrative expense	139.4			153.3			3.1			—			295.8
Equity in (income) of subsidiaries	(227.2		)	—			—			227.2			—
Interest expense	5.1			—			—			—			5.1
Other (income)	(1.5		)	(2.2		)	(2.8		)	—			(6.5		)
Homebuilding pre-tax income (loss)	250			197.8			(3.0		)	(227.2		)	217.6
Financial Services:
Revenues, net of recourse and reinsurance expense	—			—			83			—			83
General and administrative expense	—			—			53.6			—			53.6
Interest and other (income)	—			—			(3.0		)	—			(3.0		)
Financial services pre-tax income	—			—			32.4			—			32.4
Income before income taxes	250			197.8			29.4			(227.2		)	250
Income tax expense	72.7			47.6			2.3			(49.9		)	72.7
Net income	$	177.3		$	150.2		$	27.1		$	(177.3	)	$	177.3
Comprehensive income	$	177.1		$	150.2		$	27.1		$	(177.3	)	$	177.1
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Cash Flows
Six Months Ended March 31, 2014
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities	$	(169.9	)	$	(118.9	)	$	61.9		$	(40.0	)	$	(266.9	)
INVESTING ACTIVITIES
Purchases of property and equipment	(12.3		)	(15.1		)	(5.4		)	—			(32.8		)
(Increase) decrease in restricted cash	(2.1		)	—			0.1			—			(2.0		)
Net principal increase of other mortgage loans and real estate owned	—			—			(1.7		)	—			(1.7		)
Intercompany advances	(157.4		)	—			—			157.4			—
Payments related to acquisition of a business	(34.5		)	—			—			—			(34.5		)
Net cash used in investing activities	(206.3		)	(15.1		)	(7.0		)	157.4			(71.0		)
FINANCING ACTIVITIES
Proceeds from notes payable	497			—			—			—			497
Repayment of notes payable	(148.8		)	—			(14.8		)	—			(163.6		)
Intercompany advances	—			158.6			(1.2		)	(157.4		)	—
Proceeds from stock associated with certain employee benefit plans	29.6			—			—			—			29.6
Excess income tax benefit from employee stock awards	1.9			—			—			—			1.9
Cash dividends paid	(12.1		)	—			(40.0		)	40			(12.1		)
Net cash provided by (used in) financing activities	367.6			158.6			(56.0		)	(117.4		)	352.8
(Decrease) increase in cash and cash equivalents	(8.6		)	24.6			(1.1		)	—			14.9
Cash and cash equivalents at beginning of period	871.4			38.4			26.7			—			936.5
Cash and cash equivalents at end of period	$	862.8		$	63		$	25.6		$	—		$	951.4
NOTE N – SUPPLEMENTAL GUARANTOR INFORMATION - (Continued)
Consolidating Statement of Cash Flows
Six Months Ended March 31, 2013
	D.R.			Guarantor			Non-Guarantor			Eliminations			Total
	Horton, Inc.			Subsidiaries			Subsidiaries
	(In millions)
OPERATING ACTIVITIES
Net cash used in operating activities	$	(310.0	)	$	(484.2	)	$	(16.1	)	$	(30.0	)	$	(840.3	)
INVESTING ACTIVITIES
Purchases of property and equipment	(12.9		)	(4.8		)	(7.6		)	—			(25.3		)
Purchases of marketable securities	(28.9		)	—			—			—			(28.9		)
Proceeds from the sale or maturity of marketable securities	325.4			—			—			—			325.4
Increase in restricted cash	(4.7		)	(0.5		)	—			—			(5.2		)
Purchase of debt securities collateralized by residential real estate	(18.6		)	—			—			—			(18.6		)
Intercompany advances	(495.3		)	—			—			495.3			—
Payments related to acquisition of a business	(9.4		)	—			—			—			(9.4		)
Net cash (used in) provided by investing activities	(244.4		)	(5.3		)	(7.6		)	495.3			238
FINANCING ACTIVITIES
Proceeds from notes payable	860			—			58			—			918
Repayment of notes payable	(170.4		)	—			—			—			(170.4		)
Intercompany advances	—			497.5			(2.2		)	(495.3		)	—
Proceeds from stock associated with certain employee benefit plans	17.7			—			—			—			17.7
Cash dividends paid	(60.2		)	—			(30.0		)	30			(60.2		)
Net cash provided by financing activities	647.1			497.5			25.8			(465.3		)	705.1
Increase in cash and cash equivalents	92.7			8			2.1			—			102.8
Cash and cash equivalents at beginning of period	968.9			56.3			22.5			—			1,047.70
Cash and cash equivalents at end of period	$	1,061.60		$	64.3		$	24.6		$	—		$	1,150.50

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	6 Months Ended					3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Sep. 30, 2013	Dec. 31, 2013	Oct. 31, 2013
			Homebuilding [Member]	Homebuilding [Member]	Homebuilding [Member]	RegentHomes [Member]	RegentHomes [Member]
				Variable Interest Entity, Not Primary Beneficiary [Member]	Variable Interest Entity, Not Primary Beneficiary [Member]		Home
							Lot
Business Acquisition [Line Items]	'	'	'	'	'	'	'
Payments to Acquire Businesses, Net of Cash Acquired	$34.50	$9.40	'	'	'	$34.50	'
Business Acquisition, Number of Homes Acquired	'	'	'	'	'	'	240
Business Acquisition, Number of Finished Lots Acquired	'	'	'	'	'	'	300
Business Acquisition, Number of Lots Under Option Contracts	'	'	'	'	'	'	600
Business Acquisition, Sales Order Backlog Acquired (Homes)	'	'	'	'	'	'	213
Business Information [Line Items]	'	'	'	'	'	'	'
Earnest Money Deposits	'	'	$41.30	$38.70	$36.90	'	'

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013		Mar. 31, 2014		Mar. 31, 2013		Sep. 30, 2013
Homebuilding revenues:	'		'		'		'		'
Consolidated revenues	$1,735		$1,431.60		$3,405.60		$2,706.50		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	201.9	[1]	142.1	[1]	391.6	[1]	250	[1]	'
Homebuilding [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Total homebuilding revenues	1,696.60		1,390.40		3,332.30		2,623.50		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	191.7	[1]	127.4	[1]	373.6	[1]	217.6	[1]	'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	6,783.60	[2]	'		6,783.60	[2]	'		6,197.40	[2]
Financial Services [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Financial Services Revenue	38.4		41.2		73.3		83		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	10.2	[1]	14.7	[1]	18	[1]	32.4	[1]	'
East [Member] | Homebuilding [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Total homebuilding revenues	203.2		153.8		393.3		291.1		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	14.2	[1]	8.5	[1]	25.7	[1]	15.5	[1]	'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	763.3	[2]	'		763.3	[2]	'		742.9	[2]
Midwest [Member] | Homebuilding [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Total homebuilding revenues	99.9		92.8		205.7		182.2		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	9.1	[1]	9.9	[1]	19.1	[1]	7.9	[1]	'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	447.8	[2]	'		447.8	[2]	'		412.2	[2]
Southeast [Member] | Homebuilding [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Total homebuilding revenues	471.3		333.2		918.7		624.7		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	52.2	[1]	28.3	[1]	103.7	[1]	47.7	[1]	'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	1,643.10	[2]	'		1,643.10	[2]	'		1,508.50	[2]
South Central [Member] | Homebuilding [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Total homebuilding revenues	430.4		364		851.5		674.6		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	46.6	[1]	32.4	[1]	89	[1]	57.6	[1]	'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	1,527.80	[2]	'		1,527.80	[2]	'		1,443.60	[2]
Southwest [Member] | Homebuilding [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Total homebuilding revenues	63.1		79		133.8		154.9		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	5.5	[1]	7.1	[1]	11.5	[1]	16.9	[1]	'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	269.9	[2]	'		269.9	[2]	'		262.4	[2]
West [Member] | Homebuilding [Member]	'		'		'		'		'
Homebuilding revenues:	'		'		'		'		'
Total homebuilding revenues	428.7		367.6		829.3		696		'
Income (Loss) before Income Taxes	'		'		'		'		'
Income (loss) before income taxes	64.1	[1]	41.2	[1]	124.6	[1]	72	[1]	'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	1,920.30	[2]	'		1,920.30	[2]	'		1,668.20	[2]
Corporate and Unallocated [Member] | Homebuilding [Member]	'		'		'		'		'
Homebuilding inventories	'		'		'		'		'
Total homebuilding inventory	$211.40	[2],[3]	'		$211.40	[2],[3]	'		$159.60	[2],[3]
[1]	Expenses maintained at the corporate level consist primarily of interest and property taxes, which are capitalized and amortized to cost of sales or expensed directly, and the expenses related to operating the Company’s corporate office. The amortization of capitalized interest and property taxes is allocated to each segment based on the segment’s revenue, while those expenses associated with the corporate office are allocated to each segment based on the segment’s inventory balances.
[2]	Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.
[3]	Corporate and unallocated consists primarily of capitalized interest and property taxes.

Segment_Information_Details_Te

Segment Information (Details Textual) (Homebuilding [Member])	3 Months Ended
	Mar. 31, 2014
	Segments
	OperatingDivisions
	Market
	State
Homebuilding [Member]	'
Segment information [Abstract]	'
Number Of Home Building Operating Divisions	34
Number Of Homebuilding Reporting Segments	6
Number Of Housing Construction States	27
Number Of Housing Construction Markets	77

Marketable_Securities_Details_

Marketable Securities (Details Textual) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Marketable Securities [Abstract]	'	'
Proceeds from the sale or maturity of marketable securities	$0	$325.40

Inventory_Impairments_and_Land1

Inventory Impairments and Land Option Cost Write-Offs (Details) (Homebuilding [Member], USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Sep. 30, 2013
Inventory Impairments and Land Option Cost Write Offs [Abstract]	'	'	'	'	'
Carrying value of communities with impairment indicators	$173.40	'	$173.40	'	'
Impairment charges	2.3	0	2.3	0	'
Write-offs (recoveries) of earnest money deposits and pre-acquisition costs	2.1	1.8	4.8	3.2	'
Land held for sale	23.4	'	23.4	'	34
Southeast [Member]	'	'	'	'	'
Inventory Impairments and Land Option Cost Write Offs [Abstract]	'	'	'	'	'
Impairment charges	2.1	'	'	'	'
West [Member]	'	'	'	'	'
Inventory Impairments and Land Option Cost Write Offs [Abstract]	'	'	'	'	'
Impairment charges	$0.20	'	'	'	'

Notes_Payable_Details

Notes Payable (Details) (USD $)	Mar. 31, 2014	Sep. 30, 2013
In Millions, unless otherwise specified
Unsecured:	'	'
Notes payable	$3,862.10	$3,509
Homebuilding [Member]	'	'
Debt Instrument [Line Items]	'	'
Line of Credit Facility, Amount Outstanding	0	0
Unsecured:	'	'
Notes payable	3,638.30	3,270.40
Homebuilding [Member] | 6.125% senior notes due 2014, net [Member]	'	'
Unsecured:	'	'
Notes payable	0	145.8
Stated interest rate	6.13%	'
Homebuilding [Member] | 2% convertible senior notes [Member]	'	'
Unsecured:	'	'
Notes payable	495.6	478.7
Stated interest rate	2.00%	'
Homebuilding [Member] | 5.625% senior notes due 2014, net [Member]	'	'
Unsecured:	'	'
Notes payable	137.9	137.8
Stated interest rate	5.63%	'
Homebuilding [Member] | 5.25% senior notes due 2015 [Member]	'	'
Unsecured:	'	'
Notes payable	157.6	157.5
Stated interest rate	5.25%	'
Homebuilding [Member] | 5.625% senior notes due 2016 [Member]	'	'
Unsecured:	'	'
Notes payable	169.8	169.7
Stated interest rate	5.63%	'
Homebuilding [Member] | 6.50% senior notes due 2016 [Member]	'	'
Unsecured:	'	'
Notes payable	372.5	372.5
Stated interest rate	6.50%	'
Homebuilding [Member] | 4.75% senior notes due 2017 [Member]	'	'
Unsecured:	'	'
Notes payable	350	350
Stated interest rate	4.75%	'
Homebuilding [Member] | 3.625% senior notes due 2018 [Member]	'	'
Unsecured:	'	'
Notes payable	400	400
Stated interest rate	3.63%	'
Homebuilding [Member] | 3.75% senior notes due 2019 [Member]	'	'
Unsecured:	'	'
Notes payable	500	0
Stated interest rate	3.75%	'
Homebuilding [Member] | 4.375% senior notes due 2022 [Member]	'	'
Unsecured:	'	'
Notes payable	350	350
Stated interest rate	4.38%	'
Homebuilding [Member] | 4.75% senior notes due 2023 [Member]	'	'
Unsecured:	'	'
Notes payable	300	300
Stated interest rate	4.75%	'
Homebuilding [Member] | 5.75% senior notes due 2023 [Member]	'	'
Unsecured:	'	'
Notes payable	400	400
Stated interest rate	5.75%	'
Homebuilding [Member] | Other secured [Member]	'	'
Unsecured:	'	'
Notes payable	4.9	8.4
Financial Services [Member]	'	'
Unsecured:	'	'
Assets Sold under Agreements to Repurchase, Repurchase Liability	$223.80	$238.60

Notes_Payable_Details_Textual

Notes Payable (Details Textual) (USD $)

3 Months Ended

6 Months Ended

1 Months Ended

1 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Jul. 24, 2013

Mar. 31, 2014

Sep. 30, 2013

Jan. 31, 2014

Mar. 31, 2014

Feb. 01, 2014

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Letter of Credit One [Member]

2% convertible senior notes [Member]

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Financial Services [Member]

Financial Services [Member]

Maximum [Member]

Senior Note Five [Member]

3.75% senior notes due 2019 [Member]

3.75% senior notes due 2019 [Member]

Financial Services [Member]

Notes Payable [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Base capacity of mortgage repurchase facility

'

'

'

'

'

'

'

$725,000,000

'

'

'

'

$300,000,000

'

$325,000,000

Maximum capacity of mortgage repurchase facility

'

'

'

'

'

'

'

1,000,000,000

'

'

'

'

400,000,000

'

'

Letter of Credit, Maximum Borrowing Capacity

'

'

'

'

'

'

'

362,500,000

'

'

'

'

'

'

'

Line of Credit Facility, Amount Outstanding

'

'

'

'

'

'

'

0

0

'

'

'

'

'

'

Letters of Credit Outstanding, Amount

75,200,000

'

75,200,000

'

70,500,000

'

'

'

'

'

'

'

'

'

'

Debt Conversion, Converted Instrument, Shares Issued

77.18004

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Principal amount

'

'

'

'

'

1,000

'

'

'

'

'

500,000,000

'

'

'

Debt Instrument, Interest Rate, Effective Percentage

'

'

'

'

'

'

'

'

'

'

3.90%

'

'

'

'

Debt Instrument, Convertible, Conversion Price

'

'

'

'

'

$12.96

'

'

'

'

'

'

'

'

'

Incremental Common Shares Attributable to Conversion of Debt Securities

38,600,000

38,600,000

38,600,000

38,600,000

'

'

'

'

'

'

'

'

'

'

'

Authorized repurchase of debt securities

'

'

'

'

'

'

500,000,000

'

'

'

'

'

'

'

'

Debt repurchase program, remaining authorized repurchase amount

'

'

'

'

'

'

'

500,000,000

'

'

'

'

'

'

'

Mortgage loans held for sale pledged under repurchase agreement

'

'

'

'

'

'

'

'

'

'

'

'

312,000,000

'

'

Mortgage loans, collateral value

'

'

'

'

'

'

'

'

'

'

'

'

298,900,000

'

'

Advance pay downs on mortgage repurchase facility

'

'

'

'

'

'

'

'

'

'

'

'

75,100,000

'

'

Assets Sold under Agreements to Repurchase, Repurchase Liability

'

'

'

'

'

'

'

'

'

'

'

'

223,800,000

238,600,000

'

Interest rate on mortgage repurchase facility

'

'

'

'

'

'

'

'

'

'

'

'

2.60%

'

'

Maturities of Senior Debt

'

'

'

'

'

'

'

'

'

$145,900,000

'

'

'

'

'

Capitalized_Interest_Details

Capitalized Interest (Details) (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013		Mar. 31, 2014		Mar. 31, 2013
Rollforward of capitalized interest	'		'		'		'
Capitalized interest, beginning of period	$161.10		$91.30		$137.10		$82.30
Interest incurred	49.5	[1]	43.1	[1]	98.8	[1]	81.1	[1]
Interest expensed:	'		'		'		'
Directly to interest expense	0		-3		0		-7.1
Amortized to cost of sales	-26.9		-27.6		-52.2		-52.5
Capitalized interest, end of period	183.7		103.8		183.7		103.8
Financial Services [Member]	'		'		'		'
Rollforward of capitalized interest	'		'		'		'
Interest incurred	$0.90		$1.10		$1.80		$2
[1]	Interest incurred includes interest incurred on the Company's financial services mortgage repurchase facility of $0.9 million and $1.8 million in the three and six months ended March 31, 2014, respectively, and $1.1 million and $2.0 million in the same periods of 2013.

Mortgage_Loans_Details_1

Mortgage Loans (Details 1) (Financial Services [Member], USD $)	Mar. 31, 2014	Sep. 30, 2013
In Millions, unless otherwise specified
Mortgage Loans on Real Estate, Write-down or Reserve [Line Items]	'	'
Mortgage Loans on Real Estate	$37.40	$35.90
Real Estate Acquired Through Foreclosure	0.9	1.3
Loss reserves related to:	'	'
Loans and Leases Receivable, Allowance	27.9	29.3
Other Real Estate, Foreclosed Assets, and Repossessed Assets	38.3	37.2
Mortgage Loans on Real Estate [Member]	'	'
Loss reserves related to:	'	'
Loans and Leases Receivable, Allowance	2.3	3.2
Real Estate [Member]	'	'
Loss reserves related to:	'	'
Loans and Leases Receivable, Allowance	0.1	0.2
Obligation to Repurchase Receivables Sold [Member]	'	'
Loss reserves related to:	'	'
Loans and Leases Receivable, Allowance	$25.50	$25.90

Mortgage_Loans_Details_Textual

Mortgage Loans (Details Textual) (Financial Services [Member], USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Sep. 30, 2013
Mortgage Loans [Abstract]	'	'	'	'	'
Mortgage loans held for sale	$342.50	'	$342.50	'	$395.10
Principal Amount Outstanding on Loans Held-for-sale or Securitization or Asset-backed Financing Arrangement	336.4	'	336.4	'	381.1
Net gain on sales of loans	23.9	26.7	44.4	54.2	'
Concentration Risk, Percentage	'	'	81.00%	'	'
Percentage Of Mortgage Loans Sold To Major Purchasers	'	'	26.00%	'	'
Interest rate lock commitments [Member]	'	'	'	'	'
Derivative [Line Items]	'	'	'	'	'
Derivative, Notional Amount	322.7	'	322.7	'	'
Best-efforts and mandatory commitments [Member]	'	'	'	'	'
Derivative [Line Items]	'	'	'	'	'
Derivative, Notional Amount	27.9	'	27.9	'	'
Hedging Instruments related to IRLCs [Member]	'	'	'	'	'
Derivative [Line Items]	'	'	'	'	'
Derivative, Notional Amount	264.2	'	264.2	'	'
Mortgage Loans [Abstract]	'	'	'	'	'
Notional amounts of hedging instruments, Total	139.8	'	139.8	'	'
Uncommitted Loans [Member]	'	'	'	'	'
Mortgage Loans [Abstract]	'	'	'	'	'
Mortgage loans held for sale	$140.40	'	$140.40	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Sep. 30, 2013
Income Tax Disclosures [Line Items]	'	'	'	'	'
Deferred Tax Assets, Valuation Allowance	$31.30	'	$31.30	'	$31
Income tax expense (benefit)	70.9	31.1	137.5	72.7	'
Effective Income Tax Rate Reconciliation, Percent	35.10%	21.90%	35.10%	29.10%	'
Valuation Allowance, Deferred Tax Asset, Change in Amount	'	-18.7	'	'	'
Deferred tax assets net of DTL	$601.10	'	$601.10	'	$617.60

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'	'	'
Number of shares excluded from computation of earnings per share	'	'	9.1	5.6
Earnings Per Share Reconciliation [Abstract]	'	'	'	'
Net income	$131	$111	$254.10	$177.30
Interest expense and amortization of issuance costs associated with convertible senior notes	6.9	5.8	13.7	11.5
Numerator for diluted earnings per share after assumed conversions	$137.90	$116.80	$267.80	$188.80
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]	'	'	'	'
Denominator for basic earnings per share - weighted average common shares	324.3	321.7	323.7	321.4
Employee stock awards	3.4	5.1	3.1	4.7
Incremental Common Shares Attributable to Conversion of Debt Securities	38.6	38.6	38.6	38.6
Denominator for diluted earnings per share - adjusted weighted average common shares	366.3	365.4	365.4	364.7

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	1 Months Ended	3 Months Ended		6 Months Ended			3 Months Ended
	Jul. 24, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Jun. 30, 2014
						2% convertible senior notes [Member]	Scenario, Forecast [Member]
Dividends, Common Stock [Abstract]	'	'	'	'	'	'	'
Cash dividends declared per common share (in dollars per share)	'	$0.04	$0	$0.04	$0.19	'	$0.04
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]	'	'	'	'	'	'	'
Amount remaining under stock repurchase authorization	'	$100,000,000	'	'	'	'	'
Amount of stock repurchase authorization	100,000,000	'	'	'	'	'	'
Debt Conversion, Converted Instrument, Shares Issued	'	77.18004	'	'	'	'	'
Principal amount	'	'	'	'	'	$1,000	'
Debt Instrument, Convertible, Conversion Price	'	'	'	'	'	$12.96	'
Incremental Common Shares Attributable to Conversion of Debt Securities	'	38,600,000	38,600,000	38,600,000	38,600,000	'	'

Employee_Benefit_Plans_Details

Employee Benefit Plans (Details) (USD $)	3 Months Ended			6 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2014
		Performance Based Unit [Member]	Performance Shares [Member]	Performance Shares [Member]
		November Two Thousand Thirteen Grant [Member]	November Two Thousand Thirteen Grant [Member]	November Two Thousand Thirteen Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Stock Option Grant Recipients	500	'	'	'
Allocated Share-based Compensation Expense	'	'	$0.80	$2
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	'	350,000	'	'
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Units Vesting Upon Achieving Performance Criteria Range Low	'	0.00%	'	'
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Units Vesting Upon Achieving Performance Criteria Range High	'	200.00%	'	'
Deferred Compensation Share-based Arrangements, Liability, Current and Noncurrent	'	'	$2	$2
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	3,795,333	'	'	'
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$23.86	'	'	'

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (Homebuilding [Member], USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Homebuilding [Member]	'	'	'	'
Changes in warranty liability	'	'	'	'
Warranty liability, beginning of period	$56.70	$56.60	$56.90	$56.80
Warranties issued	7.4	6.1	14.6	11.6
Changes in liability for pre-existing warranties	1.1	1.6	2.1	5.2
Settlements made	-7.9	-7	-16.3	-16.3
Warranty liability, end of period	$57.30	$57.30	$57.30	$57.30

Commitments_and_Contingencies_2

Commitments and Contingencies Commitments and Contingencies (Details 1) (Homebuilding [Member], USD $)	6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Homebuilding [Member]	'	'
Rollforward of reserves for legal claims	'	'
Reserves for legal claims, beginning of period	$482	$544.90
Payments	-10.4	-13.2
Increase (decrease) in reserve	-17.4	-12
Reserves for legal claims, end of period	$454.20	$519.70

Commitments_and_Contingencies_3

Commitments and Contingencies (Details Textual) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2012
Commitments and Contingencies [Abstract]	'	'	'	'
Surety Bonds	$748.30	'	'	'
Outstanding letters of credit	75.2	'	'	'
Homebuilding [Member]	'	'	'	'
Commitments and Contingencies [Abstract]	'	'	'	'
Liabilities for various claims, complaints and other legal actions	454.2	519.7	482	544.9
Expenses related to legal claims	5.4	15	'	'
Estimated insurance recoveries related to legal claims	136.1	195.8	162.1	'
Earnest Money Deposits	41.3	'	'	'
Remaining purchase price of land under option contracts	1,800	'	'	'
Restricted Cash and Cash Equivalents	79.8	'	77.8	'
Construction defect portion of loss contingency accrual	99.00%	'	99.00%	'
Cash Deposits [Member] | Homebuilding [Member]	'	'	'	'
Commitments and Contingencies [Abstract]	'	'	'	'
Earnest Money Deposits	34.1	'	'	'
Promissory Notes and Surety Bonds [Member] | Homebuilding [Member]	'	'	'	'
Commitments and Contingencies [Abstract]	'	'	'	'
Earnest Money Deposits	7.2	'	'	'
Letter of Credit Two [Member]	'	'	'	'
Commitments and Contingencies [Abstract]	'	'	'	'
Outstanding letters of credit	4.7	'	'	'
Letter of Credit [Member]	'	'	'	'
Commitments and Contingencies [Abstract]	'	'	'	'
Restricted Cash and Cash Equivalents	75.2	'	73.6	'
Letter of Credit One [Member]	'	'	'	'
Commitments and Contingencies [Abstract]	'	'	'	'
Outstanding letters of credit	70.5	'	'	'
Option Contracts Subject to Specific Performance Clauses [Member] | Homebuilding [Member]	'	'	'	'
Commitments and Contingencies [Abstract]	'	'	'	'
Remaining purchase price of land under option contracts	$11.60	'	'	'

Other_Assets_and_Accrued_Expen2

Other Assets and Accrued Expenses and Other Liabilities (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012
In Millions, unless otherwise specified
Homebuilding other assets	'	'	'	'	'	'
Homebuilding other assets	$481.20	'	$517.40	'	'	'
Homebuilding [Member]	'	'	'	'	'	'
Homebuilding other assets	'	'	'	'	'	'
Insurance receivables	136.1	'	162.1	195.8	'	'
Earnest money and refundable deposits	100.5	'	98.5	'	'	'
Accounts and notes receivable	23.8	'	24.1	'	'	'
Prepaid assets	45.5	'	49.4	'	'	'
Rental Properties	45.8	'	41.3	'	'	'
Other Investments	20.8	'	20.3	'	'	'
Other assets	55.3	'	64.8	'	'	'
Homebuilding other assets	427.8	'	460.5	'	'	'
Homebuilding accrued expenses and other liabilities	'	'	'	'	'	'
Construction defect and other litigation liabilities	454.2	'	482	519.7	'	544.9
Employee compensation and related liabilities	125.5	'	130.2	'	'	'
Warranty liability	57.3	56.7	56.9	57.3	56.6	56.8
Accrued interest	33.4	'	34	'	'	'
Federal and state income tax liabilities	20.2	'	29.9	'	'	'
Construction Payable	37.9	'	46.3	'	'	'
Customer Deposits, Current	43.4	'	39.3	'	'	'
Accrual for Taxes Other than Income Taxes, Current	16.3	'	30	'	'	'
Other liabilities	34.4	'	37.4	'	'	'
Homebuilding accrued expenses and other liabilities	$822.60	'	$886	'	'	'

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Mar. 31, 2014		Sep. 30, 2013
In Millions, unless otherwise specified
Homebuilding [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Other Investments	$20.80		$20.30
Homebuilding [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Other Investments	0	[1]	0	[1]
Homebuilding [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Other Investments	0	[1]	0	[1]
Homebuilding [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Other Investments	20.8	[1]	20.3	[1]
Homebuilding [Member] | Estimated Fair Value [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Other Investments	20.8	[1]	20.3	[1]
Financial Services [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Mortgage loans held for sale	342.5		395.1
Financial Services [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Mortgage loans held for sale	0	[2]	0	[2]
Financial Services [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Interest rate lock commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0	[3]	0	[3]
Financial Services [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Forward sales of MBS [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0	[3]	0	[3]
Financial Services [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Best-efforts and mandatory commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0	[3]	0	[3]
Financial Services [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Mortgage loans held for sale	335.8	[2]	389.4	[2]
Financial Services [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest rate lock commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	1.6	[3]	7	[3]
Financial Services [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Forward sales of MBS [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0.2	[3]	-8.8	[3]
Financial Services [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Best-efforts and mandatory commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0.3	[3]	-3.1	[3]
Financial Services [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Mortgage loans held for sale	6.7	[2]	5.7	[2]
Financial Services [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Interest rate lock commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0	[3]	0	[3]
Financial Services [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Forward sales of MBS [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0	[3]	0	[3]
Financial Services [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Best-efforts and mandatory commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0	[3]	0	[3]
Financial Services [Member] | Estimated Fair Value [Member] | Fair Value, Measurements, Recurring [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Mortgage loans held for sale	342.5	[2]	395.1	[2]
Financial Services [Member] | Estimated Fair Value [Member] | Fair Value, Measurements, Recurring [Member] | Interest rate lock commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	1.6	[3]	7	[3]
Financial Services [Member] | Estimated Fair Value [Member] | Fair Value, Measurements, Recurring [Member] | Forward sales of MBS [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	0.2	[3]	-8.8	[3]
Financial Services [Member] | Estimated Fair Value [Member] | Fair Value, Measurements, Recurring [Member] | Best-efforts and mandatory commitments [Member]	'		'
Fair value balance sheet items measured on a recurring basis	'		'
Fair value of interest rate derivatives	$0.30	[3]	($3.10)	[3]
[1]	In October 2012, the Company purchased defaulted debt securities which are secured by residential real estate. These securities, which are included in other assets in the consolidated balance sheets, are classified as available for sale and are reflected at fair value. At March 31, 2014, the fair value of these securities was based on a recent agreement with an outside third party to sell the securities. Unrealized gains or losses on these securities, net of tax, are recorded in accumulated other comprehensive income (loss) in the consolidated balance sheets.
[2]	Mortgage loans held for sale are reflected at fair value. Interest income earned on mortgage loans held for sale is based on contractual interest rates and included in financial services interest and other income. Mortgage loans held for sale at March 31, 2014 includes $6.7 million of originated loans for which the Company elected the fair value option upon origination and for which the Company has not sold into the secondary market, but plans to sell as market conditions permit. The fair value of these mortgage loans held for sale is generally calculated considering the secondary market and adjusted for the value of the underlying collateral, including interest rate risk, liquidity risk and prepayment risk.
[3]	Fair value measurements of these derivatives represent changes in fair value and are reflected in the balance sheet. Changes in these fair values during the periods presented are included in financial services revenues in the consolidated statements of operations.

Fair_Value_Measurements_Fair_V

Fair Value Measurements Fair Value Measurements - Level 3 Rollforward (Details) (USD $)

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2013

In Millions, unless otherwise specified

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Financial Services [Member]

Financial Services [Member]

Financial Services [Member]

Financial Services [Member]

Debt Securities [Member]

Loans Receivable [Member]

Minimum [Member]

Minimum [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Homebuilding [Member]

Financial Services [Member]

Inventories [Member]

Inventories [Member]

Fair Value, Measurements, Recurring [Member]

Fair Value, Measurements, Recurring [Member]

Fair Value, Measurements, Recurring [Member]

Fair Value, Measurements, Recurring [Member]

Homebuilding [Member]

Homebuilding [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Fair Value Inputs, Discount Rate

'

'

'

'

'

'

'

'

'

'

14.00%

14.00%

Other Investments

$20.80

$20.30

$20.80

[1]

$20.30

[1]

'

'

'

'

'

'

'

'

Mortgage loans held for sale

'

'

'

'

342.5

395.1

6.7

[2]

5.7

[2]

'

'

'

'

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings, Description

'

'

'

'

'

'

'

'

0.5

[1]

0.1

[2]

'

'

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases

'

'

'

'

'

'

'

'

0

[1]

0

[2]

'

'

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements

'

'

'

'

'

'

'

'

0

[1]

0

[2]

'

'

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales

'

'

'

'

'

'

'

'

0

[2]

-0.3

[2]

'

'

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3

'

'

'

'

'

'

'

'

$0

[2]

$1.20

[2]

'

'

[1]

In October 2012, the Company purchased defaulted debt securities which are secured by residential real estate. These securities, which are included in other assets in the consolidated balance sheets, are classified as available for sale and are reflected at fair value. At March 31, 2014, the fair value of these securities was based on a recent agreement with an outside third party to sell the securities. Unrealized gains or losses on these securities, net of tax, are recorded in accumulated other comprehensive income (loss) in the consolidated balance sheets.

[2]

Mortgage loans held for sale are reflected at fair value. Interest income earned on mortgage loans held for sale is based on contractual interest rates and included in financial services interest and other income. Mortgage loans held for sale at March 31, 2014 includes $6.7 million of originated loans for which the Company elected the fair value option upon origination and for which the Company has not sold into the secondary market, but plans to sell as market conditions permit. The fair value of these mortgage loans held for sale is generally calculated considering the secondary market and adjusted for the value of the underlying collateral, including interest rate risk, liquidity risk and prepayment risk.

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details 1) (USD $)

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Mar. 31, 2013

In Millions, unless otherwise specified

Financial Services [Member]

Financial Services [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Inventories [Member]

Inventories [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Minimum [Member]

Minimum [Member]

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Homebuilding [Member]

Financial Services [Member]

Financial Services [Member]

Homebuilding [Member]

Homebuilding [Member]

Inventories [Member]

Inventories [Member]

Assets Held-for-sale [Member]

Assets Held-for-sale [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

'

'

'

'

'

'

'

'

'

'

Fair Value Inputs, Discount Rate

'

'

'

'

'

'

'

'

14.00%

14.00%

Assets, Fair Value Disclosure, Nonrecurring

'

'

$0

[1],[2]

$0.50

[1],[2]

$0.10

[1],[3]

$10.80

[1],[3]

'

'

'

'

Other mortgage loans

'

'

'

'

'

'

19.2

[1],[4]

22.6

[1],[4]

'

'

Real Estate Acquired Through Foreclosure

$0.90

$1.30

'

'

'

'

$0.50

[1],[4]

$0.70

[1],[4]

'

'

[1]

The fair values included in the table above represent only those assets whose carrying values were adjusted to fair value in the respective quarter.

[2]

In performing its impairment analysis of communities, a discount rate of 14% was used in the periods presented.

[3]

The fair value of inventory available for sale was determined based on recent offers received from outside third parties and actual contracts.

[4]

The fair values of other mortgage loans and real estate owned are determined based on the value of the underlying collateral.

Fair_Value_Measurements_Fair_V1

Fair Value Measurements Fair Value Measurement (Details 2) (Details) (USD $)	Mar. 31, 2014		Sep. 30, 2013		Mar. 31, 2013	Sep. 30, 2012
In Millions, unless otherwise specified
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Cash and Cash Equivalents, at Carrying Value	$951.40		$936.50		$1,150.50	$1,047.70
Notes Payable	3,862.10		3,509		'	'
Homebuilding [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Cash and Cash Equivalents, at Carrying Value	930.8		913.3		'	'
Restricted Cash and Cash Equivalents	79.8		77.8		'	'
Notes Payable	3,638.30		3,270.40		'	'
Homebuilding [Member] | Fair Value, Inputs, Level 1 [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Cash and Cash Equivalents, Fair Value Disclosure	930.8	[1]	913.3	[1]	'	'
Restricted Cash, Fair Value Disclosure	79.8	[1]	77.8	[1]	'	'
Homebuilding [Member] | Estimated Fair Value [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Cash and Cash Equivalents, Fair Value Disclosure	930.8	[1]	913.3	[1]	'	'
Restricted Cash, Fair Value Disclosure	79.8	[1]	77.8	[1]	'	'
Financial Services [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Cash and Cash Equivalents, at Carrying Value	20.6		23.2		'	'
Financial Services [Member] | Fair Value, Inputs, Level 1 [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Cash and Cash Equivalents, Fair Value Disclosure	20.6	[1]	23.2	[1]	'	'
Financial Services [Member] | Fair Value, Inputs, Level 3 [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Securities Loaned or Sold under Agreements to Repurchase, Fair Value Disclosure	223.8	[1]	238.6	[1]	'	'
Financial Services [Member] | Estimated Fair Value [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Securities Loaned or Sold under Agreements to Repurchase, Fair Value Disclosure	223.8	[1]	238.6	[1]	'	'
Cash and Cash Equivalents, Fair Value Disclosure	20.6	[1]	23.2	[1]	'	'
Senior Notes [Member] | Homebuilding [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Notes Payable	3,137.80		2,783.30		'	'
Senior Notes [Member] | Homebuilding [Member] | Fair Value, Inputs, Level 2 [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Notes Payable, Fair Value Disclosure	3,231.50	[2]	2,811.50	[2]	'	'
Senior Notes [Member] | Homebuilding [Member] | Estimated Fair Value [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Notes Payable, Fair Value Disclosure	3,231.50	[2]	2,811.50	[2]	'	'
2% convertible senior notes [Member] | Homebuilding [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Notes Payable	495.6		478.7		'	'
2% convertible senior notes [Member] | Homebuilding [Member] | Fair Value, Inputs, Level 2 [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Notes Payable, Fair Value Disclosure	833.5	[2]	762.4	[2]	'	'
2% convertible senior notes [Member] | Homebuilding [Member] | Estimated Fair Value [Member]	'		'		'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'		'	'
Notes Payable, Fair Value Disclosure	$833.50	[2]	$762.40	[2]	'	'
[1]	The fair value approximates carrying value due to its short-term nature, short maturity or floating interest rate terms, as applicable.
[2]	The fair value is determined based on quoted market prices of recent transactions of the notes, which is classified as Level 2 within the fair value hierarchy.

Supplemental_Guarantor_Informa2

Supplemental Guarantor Information (Details) (USD $)	Mar. 31, 2014		Sep. 30, 2013		Mar. 31, 2013	Sep. 30, 2012
In Millions, unless otherwise specified
ASSETS	'		'		'	'
Cash and cash equivalents	$951.40		$936.50		$1,150.50	$1,047.70
Investments in subsidiaries	0		0		'	'
Other assets	481.2		517.4		'	'
Advances to Affiliate	0		0		'	'
Total assets	9,372.80		8,856.40		'	'
LIABILITIES & EQUITY	'		'		'	'
Accounts payable and other liabilities	1,161.10		1,286		'	'
Intercompany payables	0		0		'	'
Notes payable	3,862.10		3,509		'	'
Total liabilities	5,023.20		4,795		'	'
Total stockholders' equity	4,346.30		4,058.50		'	'
Noncontrolling interests	3.3		2.9		'	'
Total equity	4,349.60		4,061.40		'	'
Total liabilities and equity	9,372.80		8,856.40		'	'
D.R. Horton, Inc. [Member]	'		'		'	'
ASSETS	'		'		'	'
Cash and cash equivalents	862.8		871.4		1,061.60	968.9
Investments in subsidiaries	2,648.40		2,477.70		'	'
Other assets	143.1		167		'	'
Advances to Affiliate	1,888.90		1,697		'	'
Total assets	8,311.90		7,709.70		'	'
LIABILITIES & EQUITY	'		'		'	'
Accounts payable and other liabilities	330.8		383.8		'	'
Intercompany payables	0		0		'	'
Notes payable	3,634.80		3,267.40		'	'
Total liabilities	3,965.60		3,651.20		'	'
Total stockholders' equity	4,346.30		4,058.50		'	'
Noncontrolling interests	0		0		'	'
Total equity	4,346.30		4,058.50		'	'
Total liabilities and equity	8,311.90		7,709.70		'	'
Guarantor Subsidiaries [Member]	'		'		'	'
ASSETS	'		'		'	'
Cash and cash equivalents	63		38.4		64.3	56.3
Investments in subsidiaries	0		0		'	'
Other assets	224.4		233.4		'	'
Advances to Affiliate	0		0		'	'
Total assets	5,066.50		4,734.20		'	'
LIABILITIES & EQUITY	'		'		'	'
Accounts payable and other liabilities	705.7		766.5		'	'
Intercompany payables	1,857.30		1,664.20		'	'
Notes payable	3.5		3		'	'
Total liabilities	2,566.50		2,433.70		'	'
Total stockholders' equity	2,500		2,300.50		'	'
Noncontrolling interests	0		0		'	'
Total equity	2,500		2,300.50		'	'
Total liabilities and equity	5,066.50		4,734.20		'	'
Non-Guarantor Subsidiaries [Member]	'		'		'	'
ASSETS	'		'		'	'
Cash and cash equivalents	25.6		26.7		24.6	22.5
Investments in subsidiaries	0		0		'	'
Other assets	113.7		117		'	'
Advances to Affiliate	0		0		'	'
Total assets	531.7		587.2		'	'
LIABILITIES & EQUITY	'		'		'	'
Accounts payable and other liabilities	124.6		135.7		'	'
Intercompany payables	31.6		32.8		'	'
Notes payable	223.8		238.6		'	'
Total liabilities	380		407.1		'	'
Total stockholders' equity	148.4		177.2		'	'
Noncontrolling interests	3.3		2.9		'	'
Total equity	151.7		180.1		'	'
Total liabilities and equity	531.7		587.2		'	'
Eliminations [Member]	'		'		'	'
ASSETS	'		'		'	'
Cash and cash equivalents	0		0		0	0
Investments in subsidiaries	-2,648.40		-2,477.70		'	'
Other assets	0		0		'	'
Advances to Affiliate	-1,888.90		-1,697		'	'
Total assets	-4,537.30		-4,174.70		'	'
LIABILITIES & EQUITY	'		'		'	'
Accounts payable and other liabilities	0		0		'	'
Intercompany payables	-1,888.90		-1,697		'	'
Notes payable	0		0		'	'
Total liabilities	-1,888.90		-1,697		'	'
Total stockholders' equity	-2,648.40		-2,477.70		'	'
Noncontrolling interests	0		0		'	'
Total equity	-2,648.40		-2,477.70		'	'
Total liabilities and equity	-4,537.30		-4,174.70		'	'
Homebuilding [Member]	'		'		'	'
ASSETS	'		'		'	'
Cash and cash equivalents	930.8		913.3		'	'
Restricted cash	79.8		77.8		'	'
Inventories	6,783.60	[1]	6,197.40	[1]	'	'
Deferred income taxes	569.8		586.6		'	'
Property and equipment, net	123.3		106.7		'	'
Other assets	427.8		460.5		'	'
Goodwill	41.2		38.9		'	'
Total assets	8,956.30		8,381.20		'	'
LIABILITIES & EQUITY	'		'		'	'
Notes payable	3,638.30		3,270.40		'	'
Total liabilities	4,759.80		4,502.80		'	'
Homebuilding [Member] | D.R. Horton, Inc. [Member]	'		'		'	'
ASSETS	'		'		'	'
Restricted cash	78.6		76.5		'	'
Inventories	2,444.80		2,177.40		'	'
Deferred income taxes	199		201.7		'	'
Property and equipment, net	46.3		41		'	'
Goodwill	0		0		'	'
Homebuilding [Member] | Guarantor Subsidiaries [Member]	'		'		'	'
ASSETS	'		'		'	'
Restricted cash	1.2		1.2		'	'
Inventories	4,323.20		4,002.90		'	'
Deferred income taxes	370.8		384.9		'	'
Property and equipment, net	42.7		34.5		'	'
Goodwill	41.2		38.9		'	'
Homebuilding [Member] | Non-Guarantor Subsidiaries [Member]	'		'		'	'
ASSETS	'		'		'	'
Restricted cash	0		0.1		'	'
Inventories	15.6		17.1		'	'
Deferred income taxes	0		0		'	'
Property and equipment, net	34.3		31.2		'	'
Goodwill	0		0		'	'
Homebuilding [Member] | Eliminations [Member]	'		'		'	'
ASSETS	'		'		'	'
Restricted cash	0		0		'	'
Inventories	0		0		'	'
Deferred income taxes	0		0		'	'
Property and equipment, net	0		0		'	'
Goodwill	0		0		'	'
Financial Services [Member]	'		'		'	'
ASSETS	'		'		'	'
Cash and cash equivalents	20.6		23.2		'	'
Other assets	53.4		56.9		'	'
Mortgage loans held for sale	342.5		395.1		'	'
Total assets	416.5		475.2		'	'
LIABILITIES & EQUITY	'		'		'	'
Total liabilities	263.4		292.2		'	'
Financial Services [Member] | D.R. Horton, Inc. [Member]	'		'		'	'
ASSETS	'		'		'	'
Mortgage loans held for sale	0		0		'	'
Financial Services [Member] | Guarantor Subsidiaries [Member]	'		'		'	'
ASSETS	'		'		'	'
Mortgage loans held for sale	0		0		'	'
Financial Services [Member] | Non-Guarantor Subsidiaries [Member]	'		'		'	'
ASSETS	'		'		'	'
Mortgage loans held for sale	342.5		395.1		'	'
Financial Services [Member] | Eliminations [Member]	'		'		'	'
ASSETS	'		'		'	'
Mortgage loans held for sale	$0		$0		'	'
[1]	Homebuilding inventories are the only assets included in the measure of homebuilding segment assets used by the Company’s chief operating decision makers.

Supplemental_Guarantor_Informa3

Supplemental Guarantor Information (Details 1) (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013		Mar. 31, 2014		Mar. 31, 2013
Homebuilding:	'		'		'		'
Interest expense	$0		$3		$0		$7.10
Financial Services [Abstract]	'		'		'		'
Interest expense	0		3		0		7.1
Income (loss) before income taxes	201.9	[1]	142.1	[1]	391.6	[1]	250	[1]
Income tax expense (benefit)	70.9		31.1		137.5		72.7
Net income	131		111		254.1		177.3
Comprehensive income	131.3		111		254.4		177.1
Homebuilding [Member]	'		'		'		'
Homebuilding:	'		'		'		'
Revenues	1,696.60		1,390.40		3,332.30		2,623.50
Cost of sales	1,319.80		1,109.20		2,593.50		2,111.50
Gross profit	376.8		281.2		738.8		512
Selling, general and administrative expense	187.9		155.1		371.3		295.8
Equity in (income) of subsidiaries	0		0		0		0
Interest expense	0		1.9		0		5.1
Other (income)	-2.8		-3.2		-6.1		-6.5
Financial Services [Abstract]	'		'		'		'
Interest expense	0		1.9		0		5.1
Income (loss) before income taxes	191.7	[1]	127.4	[1]	373.6	[1]	217.6	[1]
Financial Services [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Financial Services Revenue	38.4		41.2		73.3		83
General and administrative expense	30.2		28		60		53.6
Interest and other (income)	-2		-1.5		-4.7		-3
Income (loss) before income taxes	10.2	[1]	14.7	[1]	18	[1]	32.4	[1]
D.R. Horton, Inc. [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Income (loss) before income taxes	201.9		142.1		391.6		250
Income tax expense (benefit)	70.9		31.1		137.5		72.7
Net income	131		111		254.1		177.3
Comprehensive income	131		111		254.1		177.1
D.R. Horton, Inc. [Member] | Homebuilding [Member]	'		'		'		'
Homebuilding:	'		'		'		'
Revenues	574.1		441.2		1,126.20		847.5
Cost of sales	453.5		354.7		883		681.7
Gross profit	120.6		86.5		243.2		165.8
Selling, general and administrative expense	87.9		75.4		176.9		139.4
Equity in (income) of subsidiaries	-169		-132.3		-324.6		-227.2
Interest expense	'		1.9		'		5.1
Other (income)	-0.2		-0.6		-0.7		-1.5
Financial Services [Abstract]	'		'		'		'
Interest expense	'		1.9		'		5.1
Income (loss) before income taxes	201.9		142.1		391.6		250
D.R. Horton, Inc. [Member] | Financial Services [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Financial Services Revenue	0		0		0		0
General and administrative expense	0		0		0		0
Interest and other (income)	0		0		0		0
Income (loss) before income taxes	0		0		0		0
Guarantor Subsidiaries [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Income (loss) before income taxes	159.1		114		307.3		197.8
Income tax expense (benefit)	55.9		20.8		107.9		47.6
Net income	103.2		93.2		199.4		150.2
Comprehensive income	103.5		93.2		199.7		150.2
Guarantor Subsidiaries [Member] | Homebuilding [Member]	'		'		'		'
Homebuilding:	'		'		'		'
Revenues	1,119.70		947.2		2,200		1,770.60
Cost of sales	864		756		1,704.50		1,421.70
Gross profit	255.7		191.2		495.5		348.9
Selling, general and administrative expense	97.7		78.2		190.2		153.3
Equity in (income) of subsidiaries	0		0		0		0
Interest expense	'		0		'		0
Other (income)	-1.1		-1		-2		-2.2
Financial Services [Abstract]	'		'		'		'
Interest expense	'		0		'		0
Income (loss) before income taxes	159.1		114		307.3		197.8
Guarantor Subsidiaries [Member] | Financial Services [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Financial Services Revenue	0		0		0		0
General and administrative expense	0		0		0		0
Interest and other (income)	0		0		0		0
Income (loss) before income taxes	0		0		0		0
Non-Guarantor Subsidiaries [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Income (loss) before income taxes	9.9		18.3		17.3		29.4
Income tax expense (benefit)	3.4		0.8		6		2.3
Net income	6.5		17.5		11.3		27.1
Comprehensive income	6.5		17.5		11.3		27.1
Non-Guarantor Subsidiaries [Member] | Homebuilding [Member]	'		'		'		'
Homebuilding:	'		'		'		'
Revenues	2.8		2		6.1		5.4
Cost of sales	2.3		-1.5		6		8.1
Gross profit	0.5		3.5		0.1		-2.7
Selling, general and administrative expense	2.3		1.5		4.2		3.1
Equity in (income) of subsidiaries	0		0		0		0
Interest expense	'		0		'		0
Other (income)	-1.5		-1.6		-3.4		-2.8
Financial Services [Abstract]	'		'		'		'
Interest expense	'		0		'		0
Income (loss) before income taxes	-0.3		3.6		-0.7		-3
Non-Guarantor Subsidiaries [Member] | Financial Services [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Financial Services Revenue	38.4		41.2		73.3		83
General and administrative expense	30.2		28		60		53.6
Interest and other (income)	-2		-1.5		-4.7		-3
Income (loss) before income taxes	10.2		14.7		18		32.4
Eliminations [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Income (loss) before income taxes	-169		-132.3		-324.6		-227.2
Income tax expense (benefit)	-59.3		-21.6		-113.9		-49.9
Net income	-109.7		-110.7		-210.7		-177.3
Comprehensive income	-109.7		-110.7		-210.7		-177.3
Eliminations [Member] | Homebuilding [Member]	'		'		'		'
Homebuilding:	'		'		'		'
Revenues	0		0		0		0
Cost of sales	0		0		0		0
Gross profit	0		0		0		0
Selling, general and administrative expense	0		0		0		0
Equity in (income) of subsidiaries	169		132.3		324.6		227.2
Interest expense	'		0		'		0
Other (income)	0		0		0		0
Financial Services [Abstract]	'		'		'		'
Interest expense	'		0		'		0
Income (loss) before income taxes	-169		-132.3		-324.6		-227.2
Eliminations [Member] | Financial Services [Member]	'		'		'		'
Financial Services [Abstract]	'		'		'		'
Financial Services Revenue	0		0		0		0
General and administrative expense	0		0		0		0
Interest and other (income)	0		0		0		0
Income (loss) before income taxes	$0		$0		$0		$0
[1]	Expenses maintained at the corporate level consist primarily of interest and property taxes, which are capitalized and amortized to cost of sales or expensed directly, and the expenses related to operating the Company’s corporate office. The amortization of capitalized interest and property taxes is allocated to each segment based on the segment’s revenue, while those expenses associated with the corporate office are allocated to each segment based on the segment’s inventory balances.

Supplemental_Guarantor_Informa4

Supplemental Guarantor Information (Details 2) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
OPERATING ACTIVITIES	'	'	'
Net cash used in operating activities	'	($266.90)	($840.30)
INVESTING ACTIVITIES	'	'	'
Purchases of property and equipment	'	-32.8	-25.3
Purchases of marketable securities	'	0	-28.9
Proceeds from the sale or maturity of marketable securities	'	0	325.4
Decrease (increase) in restricted cash	'	-2	-5.2
Net principal increase of mortgage loans held in portfolio and real estate owned	'	-1.7	0
Payments to Acquire Other Investments	'	0	-18.6
Payments for (Proceeds from) Other Investing Activities	'	0	0
Payment related to acquisition of a business	'	-34.5	-9.4
Net cash (used in) provided by investing activities	'	-71	238
FINANCING ACTIVITIES	'	'	'
Proceeds from Notes Payable	'	497	918
Repayments of Notes Payable	'	-163.6	-170.4
Proceeds from (Payments for) Other Financing Activities	'	0	0
Proceeds from stock associated with certain employee benefit plans	'	29.6	17.7
Income tax benefit from employee stock awards	'	1.9	0
Cash dividends paid	'	-12.1	-60.2
Net cash provided by (used in) financing activities	'	352.8	705.1
(Decrease) increase in cash and cash equivalents	'	14.9	102.8
Cash and cash equivalents at beginning of period	936.5	936.5	1,047.70
Cash and cash equivalents at end of period	'	951.4	1,150.50
D.R. Horton, Inc. [Member]	'	'	'
OPERATING ACTIVITIES	'	'	'
Net cash used in operating activities	32	-169.9	-310
INVESTING ACTIVITIES	'	'	'
Purchases of property and equipment	'	-12.3	-12.9
Purchases of marketable securities	'	'	-28.9
Proceeds from the sale or maturity of marketable securities	'	'	325.4
Decrease (increase) in restricted cash	'	-2.1	-4.7
Net principal increase of mortgage loans held in portfolio and real estate owned	'	0	'
Payments to Acquire Other Investments	'	'	-18.6
Payments for (Proceeds from) Other Investing Activities	-32	-157.4	-495.3
Payment related to acquisition of a business	'	-34.5	-9.4
Net cash (used in) provided by investing activities	'	-206.3	-244.4
FINANCING ACTIVITIES	'	'	'
Proceeds from Notes Payable	'	497	860
Repayments of Notes Payable	'	-148.8	-170.4
Proceeds from (Payments for) Other Financing Activities	'	0	0
Proceeds from stock associated with certain employee benefit plans	'	29.6	17.7
Income tax benefit from employee stock awards	'	1.9	'
Cash dividends paid	'	-12.1	-60.2
Net cash provided by (used in) financing activities	'	367.6	647.1
(Decrease) increase in cash and cash equivalents	'	-8.6	92.7
Cash and cash equivalents at beginning of period	871.4	871.4	968.9
Cash and cash equivalents at end of period	'	862.8	1,061.60
Guarantor Subsidiaries [Member]	'	'	'
OPERATING ACTIVITIES	'	'	'
Net cash used in operating activities	-32	-118.9	-484.2
INVESTING ACTIVITIES	'	'	'
Purchases of property and equipment	'	-15.1	-4.8
Purchases of marketable securities	'	'	0
Proceeds from the sale or maturity of marketable securities	'	'	0
Decrease (increase) in restricted cash	'	0	-0.5
Net principal increase of mortgage loans held in portfolio and real estate owned	'	0	'
Payments to Acquire Other Investments	'	'	0
Payments for (Proceeds from) Other Investing Activities	'	0	0
Payment related to acquisition of a business	'	0	0
Net cash (used in) provided by investing activities	'	-15.1	-5.3
FINANCING ACTIVITIES	'	'	'
Proceeds from Notes Payable	'	0	0
Repayments of Notes Payable	'	0	0
Proceeds from (Payments for) Other Financing Activities	32	158.6	497.5
Proceeds from stock associated with certain employee benefit plans	'	0	0
Income tax benefit from employee stock awards	'	0	'
Cash dividends paid	'	0	0
Net cash provided by (used in) financing activities	'	158.6	497.5
(Decrease) increase in cash and cash equivalents	'	24.6	8
Cash and cash equivalents at beginning of period	38.4	38.4	56.3
Cash and cash equivalents at end of period	'	63	64.3
Non-Guarantor Subsidiaries [Member]	'	'	'
OPERATING ACTIVITIES	'	'	'
Net cash used in operating activities	'	61.9	-16.1
INVESTING ACTIVITIES	'	'	'
Purchases of property and equipment	'	-5.4	-7.6
Purchases of marketable securities	'	'	0
Proceeds from the sale or maturity of marketable securities	'	'	0
Decrease (increase) in restricted cash	'	0.1	0
Net principal increase of mortgage loans held in portfolio and real estate owned	'	-1.7	'
Payments to Acquire Other Investments	'	'	0
Payments for (Proceeds from) Other Investing Activities	'	0	0
Payment related to acquisition of a business	'	0	0
Net cash (used in) provided by investing activities	'	-7	-7.6
FINANCING ACTIVITIES	'	'	'
Proceeds from Notes Payable	'	0	58
Repayments of Notes Payable	'	-14.8	0
Proceeds from (Payments for) Other Financing Activities	'	-1.2	-2.2
Proceeds from stock associated with certain employee benefit plans	'	0	0
Income tax benefit from employee stock awards	'	0	'
Cash dividends paid	'	-40	-30
Net cash provided by (used in) financing activities	'	-56	25.8
(Decrease) increase in cash and cash equivalents	'	-1.1	2.1
Cash and cash equivalents at beginning of period	26.7	26.7	22.5
Cash and cash equivalents at end of period	'	25.6	24.6
Eliminations [Member]	'	'	'
OPERATING ACTIVITIES	'	'	'
Net cash used in operating activities	'	-40	-30
INVESTING ACTIVITIES	'	'	'
Purchases of property and equipment	'	0	0
Purchases of marketable securities	'	'	0
Proceeds from the sale or maturity of marketable securities	'	'	0
Decrease (increase) in restricted cash	'	0	0
Net principal increase of mortgage loans held in portfolio and real estate owned	'	0	'
Payments to Acquire Other Investments	'	'	0
Payments for (Proceeds from) Other Investing Activities	'	157.4	495.3
Payment related to acquisition of a business	'	0	0
Net cash (used in) provided by investing activities	'	157.4	495.3
FINANCING ACTIVITIES	'	'	'
Proceeds from Notes Payable	'	0	0
Repayments of Notes Payable	'	0	0
Proceeds from (Payments for) Other Financing Activities	'	-157.4	-495.3
Proceeds from stock associated with certain employee benefit plans	'	0	0
Income tax benefit from employee stock awards	'	0	'
Cash dividends paid	'	40	30
Net cash provided by (used in) financing activities	'	-117.4	-465.3
(Decrease) increase in cash and cash equivalents	'	0	0
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	'	$0	$0