Capitalized Interest (Tables)

3 Months Ended

Dec. 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 months ended December 31, 2020 and 2019:

	Three Months Ended December 31,
	2020		2019
	(In millions)
Capitalized interest, beginning of period	$	207.7	$	180.1
Interest incurred (1)	40.4		37.7
Interest charged to cost of sales	(33.0)		(25.7)
Capitalized interest, end of period	$	215.1	$	192.1

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(1)    Interest incurred included interest on the Company's mortgage repurchase facility of $4.5 million and $4.7 million in the three months ended December 31, 2020 and 2019, respectively, and Forestar interest of $11.5 million and $8.7 million in those periods.