Taylor morrison home corp (TMHC)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12
Assets
Cash and cash equivalents

507

326

222

196

171

329

382

320

287

573

264

246

300

300

160

131

141

126

158

145

399

234

281

300

433

193

355

421

0

300

Restricted cash

3

2

1

1

1

2

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

1

12

18

17

3

18

15

-

13

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

511

328

223

198

173

331

383

321

289

575

266

248

302

301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate inventory:
Inventory Real Estate Owned

5,706

3,967

4,229

4,073

4,101

3,965

3,255

3,194

3,064

2,956

3,240

3,196

3,059

3,010

3,286

3,242

3,295

3,118

3,127

2,944

2,750

2,511

2,831

2,713

2,468

1,993

-

-

-

1,604

Inventory Real Estate Not Owned

186

19

23

30

14

15

13

1

2

2

3

4

4

6

0

0

0

7

1

2

4

6

11

15

14

18

-

-

-

0

Prepaids

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Total real estate inventory

5,893

3,986

4,253

4,103

4,116

3,980

3,269

3,195

3,066

2,959

3,243

3,200

3,063

3,017

3,287

3,242

3,296

3,126

3,129

2,946

2,754

2,518

2,843

2,729

2,482

2,012

2,268

2,102

-

1,604

Land deposits

167

39

41

54

55

57

47

40

61

49

50

52

36

37

35

38

31

34

35

36

31

34

48

46

66

38

35

32

-

28

Mortgage loans held for sale

208

190

108

124

103

181

83

99

93

187

107

110

109

233

118

145

109

201

104

110

-

191

-

-

-

-

-

-

-

-

Derivative assets

8

2

2

3

3

1

2

2

2

1

2

1

1

2

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Lease right of use assets

73

36

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Lease, Right-of-Use Asset

-

-

37

33

29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

48

40

-

41

39

-

48

Mortgages receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

-

72

77

73

95

45

44

-

84

Tax indemnification receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

5

5

-

29

28

-

107

Prepaid expenses and other assets, net

177

85

85

79

94

98

56

52

56

72

72

76

81

73

75

83

88

80

118

99

101

89

112

117

120

79

101

110

-

102

Other receivables, net

115

70

80

68

92

86

98

94

91

94

98

101

100

115

129

126

126

120

128

115

99

85

107

87

67

50

102

61

-

48

Investments in unconsolidated entities

127

128

128

129

138

140

179

189

196

192

184

178

171

157

151

149

144

128

126

128

112

110

216

187

133

21

89

82

-

74

Deferred tax assets, net

268

140

142

145

145

145

105

117

118

118

215

212

206

206

234

234

233

233

252

251

251

258

247

252

249

242

270

274

-

274

Property and equipment, net

98

85

83

84

85

86

38

38

39

7

6

5

6

6

6

6

7

7

5

5

4

5

7

7

7

4

6

5

-

6

Intangible assets, net

0

0

0

0

0

1

1

1

1

2

2

2

2

3

3

3

3

4

4

5

6

5

10

11

12

9

14

22

-

18

Goodwill

612

149

149

152

152

152

66

66

66

66

66

66

66

66

66

66

66

57

57

32

23

23

23

23

23

23

21

14

-

23

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

576

-

-

-

663

-

-

-

-

Assets

8,262

5,245

5,339

5,177

5,190

5,264

4,331

4,220

4,083

4,325

4,317

4,258

4,148

4,220

4,269

4,231

4,249

4,122

4,121

3,879

3,869

4,133

4,033

3,913

3,734

3,438

3,401

3,255

0

2,738

Liabilities
Payable to Taylor Morrison

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Accounts payable

230

164

189

162

143

151

124

160

142

140

146

168

136

136

145

151

154

151

164

151

136

122

142

153

123

101

123

113

-

98

Accrued expenses and other liabilities

398

325

252

242

250

266

188

167

154

201

190

175

167

209

193

175

178

191

203

174

179

200

234

192

194

162

217

184

-

213

Lease liabilities

79

42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Lease, Liability

-

-

43

36

32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

3

3

7

1

-

0

0

14

14

4

15

12

27

10

26

15

8

37

30

29

39

50

19

28

20

35

67

37

-

111

Customer deposits

204

167

184

172

176

165

189

191

169

132

185

182

151

111

137

139

123

92

101

99

85

70

112

120

110

62

111

111

-

82

Estimated development liability

36

36

36

36

37

37

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior Notes

2,762

1,635

1,634

1,599

1,653

1,653

1,241

1,240

1,240

1,239

1,239

1,238

1,238

1,237

1,236

1,236

1,235

1,235

1,250

1,250

1,388

1,388

1,389

1,389

1,389

1,039

1,039

1,039

-

681

Loans payable and other borrowings attributable to consolidated option agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

-

-

-

-

0

Loans payable and other borrowings

299

182

225

212

192

225

160

136

123

139

161

152

156

150

142

158

154

134

145

123

128

147

-

-

270

143

336

313

-

215

Loans payable and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

233

282

256

-

-

-

-

215

Revolving credit facility borrowings

485

0

200

200

235

200

0

0

0

0

0

0

0

0

211

210

305

115

230

105

-

40

150

40

-

-

-

-

-

50

Mortgage warehouse borrowings

154

123

56

79

59

130

54

49

41

118

61

63

69

198

91

118

91

183

74

71

55

160

-

-

-

74

-

-

-

-

Mortgage borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48

49

51

-

31

39

-

80

Liabilities attributable to real estate not owned

186

19

23

30

14

15

13

1

2

2

3

4

4

6

0

0

0

7

1

2

4

6

11

15

-

18

-

-

-

-

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

168

-

-

-

256

-

-

-

-

Liabilities

4,839

2,699

2,853

2,774

2,795

2,845

1,972

1,962

1,888

1,979

2,002

1,997

1,951

2,060

2,186

2,205

2,254

2,149

2,202

2,007

2,018

2,355

2,341

2,270

2,160

1,893

1,927

1,839

-

1,533

COMMITMENTS AND CONTINGENCIES (Note 16)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Stockholders’ Equity
Common stock

-

-

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of September 30, 2019 and December 31, 2018

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Additional paid-in capital

-

-

2,093

2,079

2,073

2,071

1,881

1,877

1,873

1,341

1,142

1,140

773

384

379

378

377

376

376

375

375

374

373

373

373

372

674

672

0

0

Treasury stock at cost, 19,943,432 and 11,554,084 shares as of December 31, 2019 and December 31, 2018, respectively

-

-

343

343

263

186

47

47

47

47

47

43

43

43

43

39

19

14

-

-

-

0

-

-

-

-

-

-

-

-

Retained earnings

-

-

727

660

578

527

517

425

366

319

297

265

240

228

209

194

182

175

158

145

140

114

87

69

54

43

18

5

-0

1,231

Accumulated other comprehensive income

-

-

2

2

2

2

-17

-17

-17

-17

-17

-17

-17

-17

-18

-18

-18

-17

-17

-17

-17

-10

-5

-0

-4

-0

2

0

-

-34

Total stockholders’ equity attributable to Taylor Morrison Home Corporation

-

-

2,480

2,398

2,390

2,415

2,333

2,237

2,175

1,596

1,374

1,344

952

551

527

515

522

519

516

503

498

478

455

441

1,573

415

1,474

1,415

0

1,204

Non-controlling interests — joint ventures

-

-

5

4

4

3

4

1

1

1

1

1

1

1

6

6

6

6

6

6

6

6

6

7

7

7

23

23

-

7

Non-controlling interests — Former Principal Equityholders

-

-

-

-

-

-

21

19

19

748

938

914

1,244

1,606

1,548

1,503

1,467

1,446

1,396

1,362

1,346

1,292

1,229

1,193

1,142

1,121

756

713

-

0

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

3,423

2,545

2,485

2,403

2,395

2,418

2,359

2,258

2,195

2,346

2,314

2,260

2,197

2,160

2,083

2,025

1,995

1,972

1,919

1,872

1,851

1,777

1,691

1,642

-

1,544

-

-

-

-

Total liabilities and stockholders’ equity

8,262

5,245

5,339

5,177

5,190

5,264

4,331

4,220

4,083

4,325

4,317

4,258

4,148

4,220

4,269

4,231

4,249

4,122

4,121

3,879

3,869

4,133

4,033

3,913

3,734

3,438

3,401

3,255

0

2,738

Class A Common Stock
Common stock

-

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Common Stock
Common stock

-

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-