Capitalized Interest (Tables)

6 Months Ended

Mar. 31, 2019

Interest Costs Incurred [Abstract]

Rollforward of capitalized interest

The following table summarizes the Company’s interest costs incurred, capitalized and expensed during the three and six months ended March 31, 2019 and 2018:

	Three Months Ended   March 31,						Six Months Ended   March 31,
	2019			2018			2019			2018
	(In millions)
Capitalized interest, beginning of period	$	168.8		$	170.3		$	162.7		$	167.9
Interest incurred (1)	35.0			31.8			66.7			62.8
Interest charged to cost of sales	(29.9		)	(32.0		)	(55.5		)	(60.6		)
Capitalized interest, end of period	$	173.9		$	170.1		$	173.9		$	170.1

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(1) Interest incurred included interest on the Company's mortgage repurchase facility of $3.0 million and $6.3 million in the three and six months ended March 31, 2019, respectively, and $2.4 million and $4.5 million in the same periods of fiscal 2018. Also included in the amounts is interest incurred by Forestar of $1.5 million and $2.8 million in the three and six months ended March 31, 2019, respectively, and $1.3 million and $1.4 million in the same periods of fiscal 2018.