Other Assets and Accrued Expenses and Other Liabilities

12 Months Ended

Sep. 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 September 30, 2014 and 2013 were as follows:

	September 30,
	2014		2013
	(In millions)
Insurance receivables	$	138.4	$	162.1
Earnest money and refundable deposits	113.3		98.5
Accounts and notes receivable	38.6		24.1
Prepaid assets	55.4		49.4
Rental properties	48.7		41.3
Debt securities collateralized by residential real estate	20.8		20.3
Other assets	25.9		23.9
	$	441.1	$	419.6

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

	September 30,
	2014		2013
	(In millions)
Reserves for legal claims	$	456.9	$	482.0
Employee compensation and related liabilities	150.8		130.2
Warranty liability	65.7		56.9
Accrued interest	29.1		34.0
Federal and state income tax liabilities	12.8		29.9
Inventory related accruals	36.1		46.3
Homebuyer deposits	49.5		39.3
Accrued property taxes	29.1		30.0
Other liabilities	45.0		37.4
	$	875.0	$	886.0