D R Horton Inc: (NYSE: DHI)

Zacks Rank: 1-Strong Buy

Balance Sheet

Annual Balance Sheet

Fiscal Year End for D R HORTON INC falls in the month of September.

All items in Millions except Per Share data.

	09/30/12	09/30/11	09/30/10	09/30/09	09/30/08
Assets
Cash & Equivalents	1,740	1,373	1,915	2,233	1,739
Receivables	14	12	16	293	676
Notes Receivable	0	0	0	0	0
Inventories	4,165	3,450	3,449	3,663	4,683
Other Current Assets	0	0	0	0	0
Total Current Assets	5,920	4,836	5,380	6,189	7,099
Net Property & Equipment	73	58	61	58	66
Investments & Advances	0	0	0	0	0
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	710	0	0	0	214
Intangibles	39	16	16	16	16
Deposits & Other Assets	507	449	483	494	316
Total Assets	7,248	5,358	5,939	6,757	7,710

Liabilities & Shareholders Equity	09/30/12	09/30/11	09/30/10	09/30/09	09/30/08
Notes Payable	2,305	1,588	2,085	3,209	3,748
Accounts Payable	267	201	187	279	282
Current Portion Long-Term Debt	0	0	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	894	830	957	932	815
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0
Total Current Liabilities	3,466	2,618	3,229	4,420	4,845
Mortgages	188	117	87	69	0
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	0	0	0	0	0
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0
Minority Interest (Liabilities)	0	0	0	9	31
Total Liabilities	3,654	2,735	3,316	4,497	4,875

Shareholders Equity	09/30/12	09/30/11	09/30/10	09/30/09	09/30/08
Preferred Stock	0	0	0	0	0
Common Stock (Par)	3	3	3	3	3
Capital Surplus	1,980	1,917	1,895	1,734	1,716
Retained Earnings	1,743	835	811	618	1,211
Other Equity	3	3	10	0	0
Treasury Stock	134	134	96	96	96
Total Shareholder's Equity	3,595	2,624	2,623	2,260	2,834
Total Liabilities & Shareholder's Equity	7,248	5,358	5,939	6,757	7,710
Total Common Equity	3,595	2,624	2,623	2,260	2,834
Shares Outstanding	319.30	316.00	318.30	317.10	316.60
Book Value Per Share	11.26	8.30	8.24	7.13	8.95

Fiscal Year End for D R HORTON INC falls in the month of September.

All items in Millions except Per Share data.

	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Assets
Cash & Equivalents	1,599	1,026	1,740	1,525	1,317
Receivables	0	0	14	13	13
Notes Receivable	0	0	0	0	0
Inventories	5,324	5,015	4,165	3,862	3,637
Other Current Assets	0	0	0	0	0
Total Current Assets	6,923	6,041	5,920	5,400	4,967
Net Property & Equipment	87	82	73	67	53
Investments & Advances	0	0	0	0	0
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	680	684	710	717	0
Intangibles	39	39	39	16	16
Deposits & Other Assets	503	502	507	458	449
Total Assets	8,233	7,347	7,248	6,657	5,485

Liabilities & Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Notes Payable	3,027	2,424	2,305	1,949	1,593
Accounts Payable	309	284	267	228	204
Current Portion Long-Term Debt	0	0	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	907	857	894	842	821
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0
Total Current Liabilities	4,243	3,565	3,466	3,019	2,618
Mortgages	246	169	188	147	164
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	0	0	0	0	0
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0
Minority Interest (Liabilities)	0	0	0	0	0
Total Liabilities	4,489	3,734	3,654	3,165	2,782

Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Preferred Stock	0	0	0	0	0
Common Stock (Par)	3	3	3	3	3
Capital Surplus	2,012	1,992	1,980	1,965	1,952
Retained Earnings	1,860	1,749	1,743	1,655	879
Other Equity	3	3	3	3	3
Treasury Stock	134	134	134	134	134
Total Shareholder's Equity	3,744	3,613	3,595	3,492	2,703
Total Liabilities & Shareholder's Equity	8,233	7,347	7,248	6,657	5,485
Total Common Equity	3,744	3,613	3,595	3,492	2,703
Shares Outstanding	321.30	321.10	319.30	318.30	316.80
Book Value Per Share	11.65	11.25	11.26	10.97	8.53