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Capitalized Interest (Tables)
6 Months Ended
Mar. 31, 2016
Interest Costs Incurred [Abstract]  
Rollforward of capitalized interest
The following table summarizes the Company’s interest costs incurred, capitalized and expensed during the three and six months ended March 31, 2016 and 2015:
 
 
Three Months Ended 
 March 31,
 
Six Months Ended 
 March 31,
 
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
Capitalized interest, beginning of period
 
$
215.0

 
$
205.2

 
$
208.0

 
$
198.5

Interest incurred (1)
 
40.4

 
42.6

 
82.6

 
83.0

Interest expensed:
 
 
 
 
 
 
 
 
Charged to cost of sales
 
(40.9
)
 
(35.6
)
 
(76.1
)
 
(69.2
)
Written off with inventory impairments
 

 

 

 
(0.1
)
Capitalized interest, end of period
 
$
214.5

 
$
212.2

 
$
214.5

 
$
212.2


_______________
(1)
Interest incurred includes interest incurred on the Company's financial services mortgage repurchase facility of $1.9 million and $3.5 million in the three and six months ended March 31, 2016, respectively, and $1.6 million and $3.1 million in the same periods of 2015.