Other Assets and Accrued Expenses and Other Liabilities

3 Months Ended

Dec. 31, 2014

Other Assets and Accrued Expenses and Other Liabilities [Abstract]

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES

The Company’s homebuilding other assets at December 31, 2014 and September 30, 2014 were as follows:

	December 31, 2014		September 30, 2014
	(In millions)
Insurance receivables	$	137.7	$	138.4
Earnest money and refundable deposits	124.8		113.3
Accounts and notes receivable	38.4		38.6
Prepaid assets	53.2		55.4
Rental properties	49.2		48.7
Debt securities collateralized by residential real estate	20.8		20.8
Other assets	24.4		25.9
	$	448.5	$	441.1

The Company’s homebuilding accrued expenses and other liabilities at December 31, 2014 and September 30, 2014 were as follows:

	December 31, 2014		September 30, 2014
	(In millions)
Reserves for legal claims	$	457.6	$	456.9
Employee compensation and related liabilities	129.5		150.8
Warranty liability	65.9		65.7
Accrued interest	44.8		29.1
Federal and state income tax liabilities	63.9		12.8
Inventory related accruals	34.8		36.1
Homebuyer deposits	45.5		49.5
Accrued property taxes	18.2		29.1
Other liabilities	43.3		45.0
	$	903.5	$	875.0