Other Assets and Accrued Expenses and Other Liabilities

9 Months Ended

Jun. 30, 2014

Other Assets and Accrued Expenses and Other Liabilities [Abstract]

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES

OTHER ASSETS AND ACCRUED EXPENSES AND OTHER LIABILITIES

The Company’s homebuilding other assets at June 30, 2014 and September 30, 2013 were as follows:

	June 30, 2014		September 30, 2013
	(In millions)
Insurance receivables	$	135.8	$	162.1
Earnest money and refundable deposits	110.2		98.5
Accounts and notes receivable	29.7		24.1
Prepaid assets	43.9		49.4
Rental properties	50.5		41.3
Debt securities collateralized by residential real estate	20.8		20.3
Other assets	69.5		64.8
	$	460.4	$	460.5

The Company’s homebuilding accrued expenses and other liabilities at June 30, 2014 and September 30, 2013 were as follows:

	June 30, 2014		September 30, 2013
	(In millions)
Reserves for legal claims	$	457.6	$	482.0
Employee compensation and related liabilities	138.0		130.2
Warranty liability	61.3		56.9
Accrued interest	47.3		34.0
Federal and state income tax liabilities	15.1		29.9
Inventory related accruals	55.5		46.3
Homebuyer deposits	52.6		39.3
Accrued property taxes	18.8		30.0
Other liabilities	33.2		37.4
	$	879.4	$	886.0