Other Assets and Accrued Expenses and Other Liabilities

6 Months Ended

Mar. 31, 2017

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 March 31, 2017 and September 30, 2016 were as follows:

	March 31, 2017		September 30, 2016
	(In millions)
Insurance receivables	$	85.1	$	88.7
Earnest money and refundable deposits	256.4		219.7
Accounts and notes receivable	31.8		35.9
Prepaid assets	19.5		29.5
Rental properties	48.2		56.9
Other assets	22.4		25.5
	$	463.4	$	456.2

The Company’s homebuilding accrued expenses and other liabilities at March 31, 2017 and September 30, 2016 were as follows:

	March 31, 2017		September 30, 2016
	(In millions)
Reserves for legal claims	$	441.5	$	423.5
Employee compensation and related liabilities	166.8		183.3
Warranty liability	112.8		104.4
Accrued interest	18.1		17.9
Federal and state income tax liabilities	16.6		28.1
Inventory related accruals	30.8		31.9
Homebuyer deposits	56.2		54.2
Accrued property taxes	19.6		35.2
Other liabilities	35.3		38.6
	$	897.7	$	917.1