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| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Total revenues [+] | 8,224.9 | 7,501.3 | 6,129.3 | 4,762.1 | 4,227.4 | 3,885.3 | 3,550.0 | 2,976.8 |
| Homebuilding | | | | | | | | 2,890.0 |
| Land sales | | | | | | | | 43.8 |
| Revenue growth | 9.6% | 22.4% | 28.7% | 12.6% | 8.8% | 9.4% | 19.3% | 9.9% |
| Cost of goods sold [+] | 6,132.6 | 5,953.4 | 5,085.1 | 3,938.0 | 3,489.2 | 3,146.4 | 2,869.8 | 2,408.9 |
| Homebuilding costs | | | | | | | | 2,358.8 |
| Real estate services and land sales costs | | | | | | | | 24.5 |
| Gross profit | 2,092.4 | 1,547.9 | 1,044.2 | 824.1 | 738.2 | 738.9 | 680.3 | 567.9 |
| Gross margin | 25.4% | 20.6% | 17.0% | 17.3% | 17.5% | 19.0% | 19.2% | 19.1% |
| Selling, general and administrative [+] | 643.2 | 668.3 | 572.4 | 490.3 | 416.9 | 390.4 | 361.8 | 293.9 |
| Sales and marketing | 398.1 | 400.4 | 377.5 | 320.4 | 278.5 | 259.7 | 239.6 | 198.7 |
| General and administrative | 245.1 | 268.0 | 194.9 | 169.9 | 138.5 | 130.8 | 122.2 | 95.2 |
| Equity in earnings | 14.2 | -11.1 | 11.2 | 9.5 | -13.3 | | | |
| Other operating expenses | 140.7 | 32.9 | 170.1 | 19.8 | 47.9 | -4.3 | 16.4 | 7.9 |
| EBITDA [+] | 1,356.5 | 875.5 | 350.2 | 354.9 | 286.5 | 356.8 | 306.0 | 270.2 |
| EBITDA growth | 54.9% | 150.0% | -1.3% | 23.9% | -19.7% | 16.6% | 13.3% | -5.7% |
| EBITDA margin | 16.5% | 11.7% | 5.7% | 7.5% | 6.8% | 9.2% | 8.6% | 9.1% |
| Depreciation | 33.8 | 40.0 | 37.3 | 31.4 | 26.4 | 2.9 | 3.0 | 3.0 |
| EBITA | 1,322.6 | 835.5 | 312.9 | 323.5 | 260.1 | 353.9 | 303.1 | 267.2 |
| EBITA margin | 16.1% | 11.1% | 5.1% | 6.8% | 6.2% | 9.1% | 8.5% | 9.0% |
| Amortization of intangibles | | | | | | 1.1 | 1.0 | 1.1 |
| EBIT [+] | 1,322.6 | 835.5 | 312.9 | 323.5 | 260.1 | 352.8 | 302.1 | 266.1 |
| EBIT growth | 58.3% | 167.1% | -3.3% | 24.4% | -26.3% | 16.8% | 13.5% | -5.8% |
| EBIT margin | 16.1% | 11.1% | 5.1% | 6.8% | 6.2% | 9.1% | 8.5% | 8.9% |
| Non-recurring items [+] | | | | | | | | 80.2 |
| Loss (gain) on sale of assets | | | | | | | | 80.2 |
| Interest income, net [+] | 17.7 | 3.8 | -1.6 | -2.7 | 1.6 | 0.6 | 0.2 | 0.2 |
| Interest expense | | | 1.6 | 2.7 | | | | |
| Interest income | 17.7 | 3.8 | | | 1.6 | 0.6 | 0.2 | 0.2 |
| Other income (expense), net [+] | 52.4 | 23.8 | 12.8 | 1.4 | 11.8 | 2.3 | 11.9 | 74.9 |
| Acquisition-related costs | | | 127.2 | 10.7 | 50.9 | | | |
| Gain (loss) on debt retirement | -13.9 | | 10.2 | 5.8 | | | | -33.3 |
| Unrealized gain/loss on derivatives | | | | | | | | -30.0 |
| Other | 38.5 | 23.8 | 23.1 | 7.2 | 11.8 | 2.3 | 11.9 | 11.6 |
| Pre-tax income | 1,392.7 | 863.1 | 324.1 | 322.3 | 273.5 | 355.7 | 314.2 | 261.0 |
| Income taxes | 336.4 | 180.7 | 74.6 | 67.4 | 63.0 | 179.0 | 107.6 | 90.0 |
| Tax rate | 24.2% | 20.9% | 23.0% | 20.9% | 23.0% | 50.3% | 34.3% | 34.5% |
| Earnings from continuing ops | 1,056.2 | 682.4 | 249.5 | 254.9 | 210.5 | 176.7 | 314.2 | 171.0 |
| Earnings from discontinued ops | | | | | | | | 58.1 |
| Net income | 1,056.2 | 682.4 | 249.5 | 254.9 | 210.5 | 176.7 | 314.2 | 229.0 |
| Net margin | 12.8% | 9.1% | 4.1% | 5.4% | 5.0% | 4.5% | 8.9% | 7.7% |
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| Basic EPS [+] | $9.19 | $5.41 | $1.95 | $2.38 | $1.88 | $2.85 | $10.11 | $5.17 |
| Growth | 69.7% | 177.2% | -18.1% | 26.5% | -33.8% | -71.8% | 95.5% | -24.5% |
| Diluted EPS [+] | $9.09 | $5.33 | $1.93 | $2.35 | $1.83 | $1.46 | $2.60 | $1.40 |
| Growth | 70.5% | 175.9% | -17.9% | 28.7% | 25.1% | -43.8% | 86.1% | -24.3% |
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| Shares outstanding (basic) [+] | 115.0 | 126.1 | 127.8 | 107.0 | 111.7 | 62.1 | 31.1 | 33.1 |
| Growth | -8.8% | -1.4% | 19.5% | -4.2% | 80.1% | 99.7% | -6.0% | 0.4% |
| Shares outstanding (diluted) [+] | 116.2 | 128.0 | 129.2 | 108.3 | 115.1 | 120.9 | 120.8 | 122.4 |
| Growth | -9.2% | -0.9% | 19.3% | -5.9% | -4.8% | 0.1% | -1.3% | 0.1% |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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