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D.R. Horton, Inc. engages in the construction and sale of single-family housing. The Company’s operating segments are its 53 homebuilding divisions, its majority-owned Forestar residential lot development operations, its financial services operations and its other business activities. The Company’s reporting segments are its homebuilding reporting segments, its Forestar lot development segment and its financial services segment. The homebuilding operating segments are aggregated into the following six reporting segments: East, Midwest, Southeast, South Central, Southwest and West. The company was founded by Donald Ray Horton in 1978 and is headquartered in Arlington, TX.