Other Assets and Accrued Expenses and Other Liabilities (Tables)

3 Months Ended

Dec. 31, 2016

Other Assets and Accrued Expenses and Other Liabilities [Abstract]

Homebuilding other assets

The Company’s homebuilding other assets at December 31, 2016 and September 30, 2016 were as follows:

	December 31, 2016		September 30, 2016
	(In millions)
Insurance receivables	$	84.7	$	88.7
Earnest money and refundable deposits	228.9		219.7
Accounts and notes receivable	31.0		35.9
Prepaid assets	24.0		29.5
Rental properties	52.7		56.9
Other assets	23.4		25.5
	$	444.7	$	456.2

Homebuilding accrued expenses and other liabilities

The Company’s homebuilding accrued expenses and other liabilities at December 31, 2016 and September 30, 2016 were as follows:

	December 31, 2016		September 30, 2016
	(In millions)
Reserves for legal claims	$	435.6	$	423.5
Employee compensation and related liabilities	147.8		183.3
Warranty liability	107.8		104.4
Accrued interest	40.3		17.9
Federal and state income tax liabilities	100.7		28.1
Inventory related accruals	32.1		31.9
Homebuyer deposits	45.7		54.2
Accrued property taxes	24.1		35.2
Other liabilities	33.5		38.6
	$	967.6	$	917.1