Other Assets and Accrued Expenses and Other Liabilities (Tables)

3 Months Ended

Dec. 31, 2017

Other Assets and Accrued Expenses and Other Liabilities [Abstract]

Other assets

The Company’s other assets at December 31, 2017 and September 30, 2017 were as follows:

	December 31, 2017		September 30, 2017 (1)
	(In millions)
Earnest money and refundable deposits	$	345.6	$	312.2
Insurance receivables	73.1		74.4
Other receivables	79.9		60.0
Prepaid assets	32.2		30.8
Rental properties	38.5		52.0
Other	52.7		36.5
	$	622.0	$	565.9

Accrued expenses and other liabilities

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

	December 31, 2017		September 30, 2017 (1)
	(In millions)
Reserves for legal claims	$	419.7	$	420.6
Employee compensation and related liabilities	187.2		197.9
Warranty liability	149.4		143.7
Accrued interest	35.0		11.9
Federal and state income tax liabilities	85.7		20.3
Inventory related accruals	24.6		24.8
Customer deposits	53.6		44.9
Accrued property taxes	25.0		33.9
Other	87.9		87.0
	$	1,068.1	$	985.0

___________________

(1) To conform to the current year presentation, prior period amounts have been reclassified to reflect the Company’s consolidated balances, rather than the balances of its homebuilding segment that were previously presented.