Capitalized Interest

12 Months Ended

Sep. 30, 2018

Interest Costs Incurred [Abstract]

Capitalized Interest

CAPITALIZED INTEREST

The following table summarizes the Company’s interest costs incurred, capitalized and expensed during the years ended September 30, 2018, 2017 and 2016.

	Year Ended September 30,
	2018			2017			2016
	(In millions)
Capitalized interest, beginning of year	$	167.9		$	191.2		$	208.0
Interest incurred (1)	125.4			129.3			152.3
Interest charged to cost of sales	(130.6		)	(152.6		)	(169.1		)
Capitalized interest, end of year	$	162.7		$	167.9		$	191.2

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(1) Interest incurred included interest on the Company's mortgage repurchase facility of $12.1 million, $8.5 million and $8.4 million in fiscal 2018, 2017 and 2016, respectively. Also included in the fiscal 2018 amount is interest incurred by Forestar of $3.4 million, net of purchase accounting adjustments, from the acquisition date through September 30, 2018.