Other Assets and Accrued Expenses and Other Liabilities

6 Months Ended

Mar. 31, 2015

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 March 31, 2015 and September 30, 2014 were as follows:

	March 31, 2015		September 30, 2014
	(In millions)
Insurance receivables	$	134.1	$	138.4
Earnest money and refundable deposits	121.0		113.3
Accounts and notes receivable	43.0		38.6
Prepaid assets	51.5		55.4
Rental properties	48.6		48.7
Debt securities collateralized by residential real estate	20.8		20.8
Other assets	23.4		25.9
	$	442.4	$	441.1

The Company’s homebuilding accrued expenses and other liabilities at March 31, 2015 and September 30, 2014 were as follows:

	March 31, 2015		September 30, 2014
	(In millions)
Reserves for legal claims	$	449.4	$	456.9
Employee compensation and related liabilities	144.2		150.8
Warranty liability	71.6		65.7
Accrued interest	31.0		29.1
Federal and state income tax liabilities	6.6		12.8
Inventory related accruals	29.7		36.1
Homebuyer deposits	54.8		49.5
Accrued property taxes	17.5		29.1
Other liabilities	42.9		45.0
	$	847.7	$	875.0