2019 Form 10-K Financial Statement

#000162828020000559 Filed on January 27, 2020

View on sec.gov

Income Statement

Concept 2019 2018 Q4 2018 Q3
Revenue $22.26B $6.459B $5.673B
YoY Change 8.21% 70.63% 73.93%
Cost Of Revenue $19.08B $5.477B $4.910B
YoY Change 6.4% 72.34% 78.92%
Gross Profit $3.180B $1.274B $1.058B
YoY Change 20.5% 70.47% 62.65%
Gross Profit Margin 14.29% 19.73% 18.65%
Selling, General & Admin $341.0M $94.90M $96.30M
YoY Change -0.87% 10.86% 32.1%
% of Gross Profit 10.72% 7.45% 9.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $92.20M $24.50M $25.30M
YoY Change 1.1% 26.29% 44.57%
% of Gross Profit 2.9% 1.92% 2.39%
Operating Expenses $314.0M $120.0M $86.20M
YoY Change 67.02% 19.64% 2.38%
Operating Profit $2.775B $1.154B $565.9M
YoY Change 12.68% 78.34% 28.25%
Interest Expense -$382.0M $187.6M -$98.80M
YoY Change 991.43% -515.96% 52.23%
% of Operating Profit -13.76% 16.25% -17.46%
Other Income/Expense, Net
YoY Change
Pretax Income $2.434B $1.037B $565.9M
YoY Change 7.58% 124.36% 53.62%
Income Tax $592.2M $238.3M $98.30M
% Of Pretax Income 24.33% 22.99% 17.37%
Net Earnings $1.849B $796.1M $453.2M
YoY Change 9.04% 157.16% 81.89%
Net Earnings / Revenue 8.31% 12.33% 7.99%
Basic Earnings Per Share $5.76 $2.42 $1.37
Diluted Earnings Per Share $5.74 $2.42 $1.37
COMMON SHARES
Basic Shares Outstanding 318.4M shares 327.2M shares
Diluted Shares Outstanding 318.4M shares 327.2M shares

Balance Sheet

Concept 2019 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.446B $1.558B $1.048B
YoY Change -7.19% -41.23% 25.06%
Cash & Equivalents $1.446B $1.558B $1.048B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $17.78B $17.07B $17.57B
Prepaid Expenses
Receivables $406.0M $968.0M $557.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $19.63B $19.60B $19.17B
YoY Change 0.17% 40.34% 58.02%
LONG-TERM ASSETS
Property, Plant & Equipment $874.0M $319.9M $294.0M
YoY Change 46.15% 48.73% 63.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.222B $2.099B $2.171B
YoY Change 5.86% 10.07% 11.05%
Other Assets $71.00M $1.251B $981.0M
YoY Change -94.32% 27.52% 37.01%
Total Long-Term Assets $9.731B $8.971B $9.115B
YoY Change 8.47% 87.6% 89.69%
TOTAL ASSETS
Total Short-Term Assets $19.63B $19.60B $19.17B
Total Long-Term Assets $9.731B $8.971B $9.115B
Total Assets $29.36B $28.57B $28.29B
YoY Change 2.78% 52.39% 67.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.265B $1.325B $1.109B
YoY Change -4.53% 75.5% 69.83%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.797B $1.573B $967.0M
YoY Change 14.24%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.062B $2.898B $2.076B
YoY Change 5.66% 283.84% 217.92%
LONG-TERM LIABILITIES
Long-Term Debt $7.777B $8.544B $9.647B
YoY Change -8.98% 7.16% 40.61%
Other Long-Term Liabilities $2.487B $2.441B $2.450B
YoY Change 1.88% 20.13% 38.73%
Total Long-Term Liabilities $10.26B $10.99B $12.10B
YoY Change -6.56% 9.8% 40.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.062B $2.898B $2.076B
Total Long-Term Liabilities $10.26B $10.99B $12.10B
Total Liabilities $13.41B $13.88B $14.17B
YoY Change -4.11% 29.04% 52.73%
SHAREHOLDERS EQUITY
Retained Earnings $6.488B $5.705B
YoY Change 34.02% 19.37%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $435.9M $185.5M
YoY Change 220.44% 36.34%
Treasury Stock Shares
Shareholders Equity $15.95B $14.58B $14.03B
YoY Change
Total Liabilities & Shareholders Equity $29.36B $28.57B $28.29B
YoY Change 2.78% 52.39% 67.0%

Cashflow Statement

Concept 2019 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $1.849B $796.1M $453.2M
YoY Change 9.04% 157.16% 81.89%
Depreciation, Depletion And Amortization $92.20M $24.50M $25.30M
YoY Change 1.1% 26.29% 44.57%
Cash From Operating Activities $1.482B $965.3M $706.9M
YoY Change -12.38% 44.25% 45.01%
INVESTING ACTIVITIES
Capital Expenditures $86.50M -$48.90M -$22.60M
YoY Change -33.69% 9.4% 12.44%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$23.59M $473.9M -$45.00M
YoY Change -125.66% 257.93% -29.58%
Cash From Investing Activities $19.60M $424.9M -$67.60M
YoY Change -103.3% 383.94% -19.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $522.6M
YoY Change 76.09%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.629B -877.8M -752.2M
YoY Change -25.81% -183.1% 36.84%
NET CHANGE
Cash From Operating Activities $1.482B 965.3M 706.9M
Cash From Investing Activities $19.60M 424.9M -67.60M
Cash From Financing Activities -$1.629B -877.8M -752.2M
Net Change In Cash -$127.3M 512.4M -112.9M
YoY Change -88.41% -71.74% -22.83%
FREE CASH FLOW
Cash From Operating Activities $1.482B $965.3M $706.9M
Capital Expenditures $86.50M -$48.90M -$22.60M
Free Cash Flow $1.396B $1.014B $729.5M
YoY Change -10.6% 42.06% 43.72%

Facts In Submission

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405547000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
430304000 USD
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
405677000 USD
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
362516000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
207327000 USD
CY2019 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
8866000 USD
CY2018 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
32221000 USD
CY2017 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
86565000 USD
CY2019 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
0 USD
CY2018 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
0 USD
CY2017 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
11251000 USD
CY2019 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
2382000 USD
CY2018 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
4339000 USD
CY2017 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
165413000 USD
CY2019 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
0 USD
CY2018 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
0 USD
CY2017 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
98375000 USD
CY2019 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
0 USD
CY2018 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
31068000 USD
CY2017 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
107262000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
340000000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1078282000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
604366000 USD
CY2019 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
3516000 USD
CY2018 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
3603000 USD
CY2017 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
14257000 USD
CY2019 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
36261000 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
47305000 USD
CY2017 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
53558000 USD
CY2019 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
52593000 USD
CY2018 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
85237000 USD
CY2017 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
41765000 USD
CY2019 len Paymentsfor Other Investing Activities Net
PaymentsforOtherInvestingActivitiesNet
0 USD
CY2018 len Paymentsfor Other Investing Activities Net
PaymentsforOtherInvestingActivitiesNet
145000 USD
CY2017 len Paymentsfor Other Investing Activities Net
PaymentsforOtherInvestingActivitiesNet
1442000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
19596000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-593954000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-845080000 USD
CY2018 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
272920000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
2450000000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
25000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
14661000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
28590000 USD
CY2019 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1100000000 USD
CY2018 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1100000000 USD
CY2017 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1058595000 USD
CY2019 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1288000 USD
CY2018 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
59145000 USD
CY2017 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
CY2019 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
88751000 USD
CY2018 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
44374000 USD
CY2017 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
31230000 USD
CY2019 len Proceedsfrom Paymentsfor Other Liabilities
ProceedsfromPaymentsforOtherLiabilities
-3850000 USD
CY2018 len Proceedsfrom Paymentsfor Other Liabilities
ProceedsfromPaymentsforOtherLiabilities
-3542000 USD
CY2017 len Proceedsfrom Paymentsfor Other Liabilities
ProceedsfromPaymentsforOtherLiabilities
195541000 USD
CY2019 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
189454000 USD
CY2018 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
138475000 USD
CY2017 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
139725000 USD
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
27859000 USD
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
18126000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5786000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
43734000 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
89575000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
74372000 USD
CY2019 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1981000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
493000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3061000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
720000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
523074000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
299833000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
27054000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
51454000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49159000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
37608000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1629224000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2195901000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1194296000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-127285000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1098108000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1331590000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1595976000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2694084000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1362494000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1468691000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1595976000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2694084000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1468691000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1595976000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2694084000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
49870000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
128877000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
89485000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
261445000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
376609000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
199557000 USD
CY2019 len Noncash Consolidation Deconsolidation Inventory
NoncashConsolidationDeconsolidationInventory
187506000 USD
CY2018 len Noncash Consolidation Deconsolidation Inventory
NoncashConsolidationDeconsolidationInventory
35430000 USD
CY2017 len Noncash Consolidation Deconsolidation Inventory
NoncashConsolidationDeconsolidationInventory
48656000 USD
CY2019 len Noncash Consolidation Deconsolidation Receivables
NoncashConsolidationDeconsolidationReceivables
102959000 USD
CY2018 len Noncash Consolidation Deconsolidation Receivables
NoncashConsolidationDeconsolidationReceivables
7198000 USD
CY2017 len Noncash Consolidation Deconsolidation Receivables
NoncashConsolidationDeconsolidationReceivables
0 USD
CY2019 len Noncash Consolidation Deconsolidation Property Plantand Equipmentand Other Assets
NoncashConsolidationDeconsolidationPropertyPlantandEquipmentandOtherAssets
53412000 USD
CY2018 len Noncash Consolidation Deconsolidation Property Plantand Equipmentand Other Assets
NoncashConsolidationDeconsolidationPropertyPlantandEquipmentandOtherAssets
0 USD
CY2017 len Noncash Consolidation Deconsolidation Property Plantand Equipmentand Other Assets
NoncashConsolidationDeconsolidationPropertyPlantandEquipmentandOtherAssets
-1716000 USD
CY2019 len Noncash Consolidation Deconsolidation Equity Method Investments
NoncashConsolidationDeconsolidationEquityMethodInvestments
67925000 USD
CY2018 len Noncash Consolidation Deconsolidation Equity Method Investments
NoncashConsolidationDeconsolidationEquityMethodInvestments
-25614000 USD
CY2017 len Noncash Consolidation Deconsolidation Equity Method Investments
NoncashConsolidationDeconsolidationEquityMethodInvestments
-9692000 USD
CY2019 len Noncash Consolidation Deconsolidation Notes Payable
NoncashConsolidationDeconsolidationNotesPayable
-383212000 USD
CY2018 len Noncash Consolidation Deconsolidation Notes Payable
NoncashConsolidationDeconsolidationNotesPayable
0 USD
CY2017 len Noncash Consolidation Deconsolidation Notes Payable
NoncashConsolidationDeconsolidationNotesPayable
0 USD
CY2019 len Noncash Consolidation Deconsolidation Other Liabilities
NoncashConsolidationDeconsolidationOtherLiabilities
-19696000 USD
CY2018 len Noncash Consolidation Deconsolidation Other Liabilities
NoncashConsolidationDeconsolidationOtherLiabilities
-17014000 USD
CY2017 len Noncash Consolidation Deconsolidation Other Liabilities
NoncashConsolidationDeconsolidationOtherLiabilities
44000 USD
CY2019 len Noncash Consolidation Deconsolidation Noncontrollinginterests
NoncashConsolidationDeconsolidationNoncontrollinginterests
-8894000 USD
CY2018 len Noncash Consolidation Deconsolidation Noncontrollinginterests
NoncashConsolidationDeconsolidationNoncontrollinginterests
0 USD
CY2017 len Noncash Consolidation Deconsolidation Noncontrollinginterests
NoncashConsolidationDeconsolidationNoncontrollinginterests
-37292000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</span></div>
CY2018Q4 len Inventory Operative Builders With Potential Indicators Of Impairment
InventoryOperativeBuildersWithPotentialIndicatorsOfImpairment
211300000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
84300000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
72100000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
47000000.0 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1468691000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1595976000 USD
CY2019Q4 us-gaap Escrow Deposit
EscrowDeposit
565800000 USD
CY2018Q4 us-gaap Escrow Deposit
EscrowDeposit
926100000 USD
CY2019 len Escrow Deposit Period
EscrowDepositPeriod
P3D
CY2019Q4 len Numberof Active Communities
NumberofActiveCommunities
1278
CY2018Q4 len Numberof Active Communities
NumberofActiveCommunities
1324
CY2019 len Numberof Communities Assessedfor Impairment
NumberofCommunitiesAssessedforImpairment
40
CY2019 len Numberof Homesites Assessedfor Impairment
NumberofHomesitesAssessedforImpairment
1720
CY2019Q4 len Inventory Operative Builders With Potential Indicators Of Impairment
InventoryOperativeBuildersWithPotentialIndicatorsOfImpairment
212700000 USD
CY2019 us-gaap Inventory Write Down
InventoryWriteDown
2600000 USD
CY2019 len Numberof Homesites Impaired
NumberofHomesitesImpaired
149
CY2019 len Numberof Communities Impaired
NumberofCommunitiesImpaired
3 community
CY2018 len Numberof Communities Assessedfor Impairment
NumberofCommunitiesAssessedforImpairment
25
CY2018 len Numberof Homesites Assessedfor Impairment
NumberofHomesitesAssessedforImpairment
1121
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
31300000 USD
CY2018 len Numberof Homesites Impaired
NumberofHomesitesImpaired
733
CY2018 len Numberof Communities Impaired
NumberofCommunitiesImpaired
6 community
CY2019Q4 us-gaap Trading Securities
TradingSecurities
0 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7200000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
319109000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
164619000 USD
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
189105000 USD
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
175410000 USD
CY2019 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-8156000 USD
CY2018 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
3116000 USD
CY2019 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2018 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
140959000 USD
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
205920000 USD
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
164995000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
294138000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
319109000 USD
CY2019Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
109600000 USD
CY2018Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
101400000 USD
CY2017 len Depreciation And Amortization Including Nonvested Shares Amortization
DepreciationAndAmortizationIncludingNonvestedSharesAmortization
127680000 USD
CY2019 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
46910000 USD
CY2018 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
170394000 USD
CY2017 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
111773000 USD
CY2019Q4 us-gaap Assets
Assets
29359511000 USD
CY2018Q4 us-gaap Assets
Assets
28566181000 USD
CY2017Q4 us-gaap Assets
Assets
18745034000 USD
CY2019 us-gaap Revenues
Revenues
22259561000 USD
CY2018 us-gaap Revenues
Revenues
20571631000 USD
CY2017 us-gaap Revenues
Revenues
12646365000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
2775406000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
2463191000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
1475500000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
152980000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
341114000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
343934000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
285889000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2434292000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2262684000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1189611000 USD
CY2019 len Equity Method Investment Gain Losson Consolidation
EquityMethodInvestmentGainLossonConsolidation
-48900000 USD
CY2019 len Depreciation And Amortization Including Nonvested Shares Amortization
DepreciationAndAmortizationIncludingNonvestedSharesAmortization
178035000 USD
CY2018 len Depreciation And Amortization Including Nonvested Shares Amortization
DepreciationAndAmortizationIncludingNonvestedSharesAmortization
161753000 USD
CY2019Q4 len Numberof Unconsolidated Entities Debt Repayment Guarantee
NumberofUnconsolidatedEntitiesDebtRepaymentGuarantee
2 joint_venture
CY2018Q4 len Numberof Unconsolidated Entities Debt Repayment Guarantee
NumberofUnconsolidatedEntitiesDebtRepaymentGuarantee
4 joint_venture
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
448109000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
458659000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
168582000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
138798000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
279527000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
319861000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
298701000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
246604000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
309235000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
53400000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
30530000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17572000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
352101000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
277134000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
326807000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
165080000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
189096000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
40641000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
74992000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
78941000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
50409000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
240072000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
268037000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
91050000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
592173000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
545171000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
417857000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2222
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0417
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0381
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0329
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0149
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0160
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0203
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.0045
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.0171
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.0277
CY2019 len Effective Income Tax Rate Reconciliation Tax Reserves And Interest Expense Percent
EffectiveIncomeTaxRateReconciliationTaxReservesAndInterestExpensePercent
-0.0003
CY2018 len Effective Income Tax Rate Reconciliation Tax Reserves And Interest Expense Percent
EffectiveIncomeTaxRateReconciliationTaxReservesAndInterestExpensePercent
-0.0039
CY2017 len Effective Income Tax Rate Reconciliation Tax Reserves And Interest Expense Percent
EffectiveIncomeTaxRateReconciliationTaxReservesAndInterestExpensePercent
0.0027
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.0002
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.0003
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.0017
CY2019 len Effective Income Tax Rate Reconciliation Changein Accounting Method Percent
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethodPercent
0
CY2018 len Effective Income Tax Rate Reconciliation Changein Accounting Method Percent
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethodPercent
-0.0147
CY2017 len Effective Income Tax Rate Reconciliation Changein Accounting Method Percent
EffectiveIncomeTaxRateReconciliationChangeinAccountingMethodPercent
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.0306
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0018
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0044
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0009
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2426
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2433
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3402
CY2018 len Deferred Tax Asset Impairment
DeferredTaxAssetImpairment
68600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
201408000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
315006000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
148477000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
175626000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
108250000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
138094000 USD
CY2019Q4 len Deferred Tax Assets Partnerships
DeferredTaxAssetsPartnerships
2800000 USD
CY2018Q4 len Deferred Tax Assets Partnerships
DeferredTaxAssetsPartnerships
5938000 USD
CY2019Q4 len Deferred Tax Assets Capitalized Expenses
DeferredTaxAssetsCapitalizedExpenses
72054000 USD
CY2018Q4 len Deferred Tax Assets Capitalized Expenses
DeferredTaxAssetsCapitalizedExpenses
51477000 USD
CY2019Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
52506000 USD
CY2018Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
63339000 USD
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DeferredTaxAssetsOther
84454000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
115266000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
669949000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
864746000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4341000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7219000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
665608000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
857527000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
152208000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
153392000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
198503000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
156376000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
35432000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
32271000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
386143000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
342039000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
279465000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
515488000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
279465000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
515488000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7200000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14667000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1811000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2052000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2805000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6493000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
13510000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
222000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12856000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14667000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12285000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
10200000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
52942000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
49723000 USD
CY2019 len Unrecognized Tax Benefits Increasein Income Tax Penaltiesand Interest Resultingfrom Acquisition
UnrecognizedTaxBenefitsIncreaseinIncomeTaxPenaltiesandInterestResultingfromAcquisition
0 USD
CY2018 len Unrecognized Tax Benefits Increasein Income Tax Penaltiesand Interest Resultingfrom Acquisition
UnrecognizedTaxBenefitsIncreaseinIncomeTaxPenaltiesandInterestResultingfromAcquisition
1515000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
3029000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1894000 USD
CY2019 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-638000 USD
CY2018 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-190000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
55333000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
52942000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
1849052000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
1695831000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
810480000 USD
CY2019 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
420000 USD
CY2018 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
429000 USD
CY2017 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
377000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
15722000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
14438000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7447000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1832910000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1680964000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
802656000 USD
CY2019 len Dilutive Securities Effecton Basic Earnings Per Share Attributableto Noncontrolling Interest
DilutiveSecuritiesEffectonBasicEarningsPerShareAttributabletoNoncontrollingInterest
4204000 USD
CY2018 len Dilutive Securities Effecton Basic Earnings Per Share Attributableto Noncontrolling Interest
DilutiveSecuritiesEffectonBasicEarningsPerShareAttributabletoNoncontrollingInterest
3320000 USD
CY2017 len Dilutive Securities Effecton Basic Earnings Per Share Attributableto Noncontrolling Interest
DilutiveSecuritiesEffectonBasicEarningsPerShareAttributabletoNoncontrollingInterest
1009000 USD
CY2019 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2018 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
80000 USD
CY2017 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2019 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Originally Allocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedOriginallyAllocated
0 USD
CY2018 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Originally Allocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedOriginallyAllocated
2904000 USD
CY2017 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Originally Allocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedOriginallyAllocated
0 USD
CY2019 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Reallocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedReallocated
0 USD
CY2018 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Reallocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedReallocated
2899000 USD
CY2017 len Undistributed Earnings Loss Allocatedto Participating Securities Diluted Reallocated
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesDilutedReallocated
0 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1828706000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1677729000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
801647000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
318419000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307968000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237155000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
48000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
549000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
318422000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
308565000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237156000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.76
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.46
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.38
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.74
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.44
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.38
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 USD
CY2019Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
25000000 shares
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
9800000 shares
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
492900000 USD
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
50.41
CY2018Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
20000000 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6000000.0 shares
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
249900000 USD
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
41.63
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
9800000 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6000000.0 shares
CY2019Q4 len Dividends Maximum Rateasa Percentageof Net Incomeinthe Eventof Default
DividendsMaximumRateasaPercentageofNetIncomeintheEventofDefault
0.50
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
24500000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
25300000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
17200000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
86940000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72655000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
61356000 USD
CY2019 len Variable Interest Entity Consolidated Assets Consolidated During Period
VariableInterestEntityConsolidatedAssetsConsolidatedDuringPeriod
505200000 USD
CY2019 len Variable Interest Entity Consolidated Liabilities Consolidated During Period
VariableInterestEntityConsolidatedLiabilitiesConsolidatedDuringPeriod
602100000 USD
CY2019Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
980200000 USD
CY2019Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
549700000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
666200000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
242500000 USD
CY2019Q4 len Inventory Real Estate Landand Land Development Costs Option Contracts
InventoryRealEstateLandandLandDevelopmentCostsOptionContracts
320500000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
41952000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
41076000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
31140000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
22507000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
16443000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
31909000 USD
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
92200000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
98400000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
74600000 USD
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
899900000 USD
CY2019Q4 us-gaap Assets
Assets
29359511000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
13325681000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
15949517000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
84313000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16033830000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29359511000 USD
CY2018Q4 us-gaap Assets
Assets
28566181000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
13883224000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
14581535000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
101422000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14682957000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
28566181000 USD
CY2019 us-gaap Revenues
Revenues
22259561000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
341114000 USD
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
19798380000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2434292000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
592173000 USD
CY2019 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2019 us-gaap Profit Loss
ProfitLoss
1842119000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6933000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
1849052000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1040000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
176000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
864000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1849916000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-6933000 USD
CY2018 us-gaap Revenues
Revenues
20571631000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
152980000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
343934000 USD
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
18734360000 USD
CY2018 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
296407000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2262684000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
545171000 USD
CY2018 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2018 us-gaap Profit Loss
ProfitLoss
1717513000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
21682000 USD
CY2018 us-gaap Net Income Loss
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