Other Assets, Accrued Expenses and Other Liabilities

9 Months Ended

Jun. 30, 2018

Other Assets and Accrued Expenses and Other Liabilities [Abstract]

OTHER ASSETS, ACCRUED EXPENSES AND OTHER LIABILITIES

OTHER ASSETS, ACCRUED EXPENSES AND OTHER LIABILITIES

The Company’s other assets at June 30, 2018 and September 30, 2017 were as follows:

	June 30, 2018		September 30, 2017 (1)
	(In millions)
Earnest money and refundable deposits	$	386.8	$	312.2
Insurance receivables	56.0		74.4
Other receivables	83.8		60.0
Prepaid assets	19.0		30.8
Rental properties	38.5		52.0
Other	58.0		36.5
	$	642.1	$	565.9

The Company’s accrued expenses and other liabilities at June 30, 2018 and September 30, 2017 were as follows:

	June 30, 2018		September 30, 2017 (1)
	(In millions)
Reserves for legal claims	$	407.8	$	420.6
Employee compensation and related liabilities	211.9		197.9
Warranty liability	176.4		143.7
Accrued interest	34.9		11.9
Federal and state income tax liabilities	40.0		20.3
Inventory related accruals	28.7		24.8
Customer deposits	61.0		44.9
Accrued property taxes	25.7		33.9
Other	88.2		87.0
	$	1,074.6	$	985.0

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(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.