Capitalized Interest (Tables)

6 Months Ended

Mar. 31, 2020

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, 2020 and 2019:

	Three Months Ended March 31,				Six Months Ended March 31,
	2020		2019		2020		2019
	(In millions)
Capitalized interest, beginning of period	$	192.1	$	168.8	$	180.1	$	162.7
Interest incurred (1)	37.6		35.0		75.3		66.7
Interest charged to cost of sales	(29.2)		(29.9)		(54.9)		(55.5)
Capitalized interest, end of period	$	200.5	$	173.9	$	200.5	$	173.9

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(1) Interest incurred included interest on the Company's mortgage repurchase facility of $5.0 million and $9.7 million in the three and six months ended March 31, 2020, respectively, and $3.0 million and $6.3 million in the same periods of fiscal 2019. Also included in interest incurred is Forestar interest of $9.7 million and $18.4 million in the three and six months ended March 31, 2020, respectively, and $1.5 million and $2.8 million in the same periods of fiscal 2019.