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Capitalized Interest (Tables)
9 Months Ended
Jun. 30, 2016
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 nine months ended June 30, 2016 and 2015:
 
 
Three Months Ended 
 June 30,
 
Nine Months Ended 
 June 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
Capitalized interest, beginning of period
 
$
214.5

 
$
212.2

 
$
208.0

 
$
198.5

Interest incurred (1)
 
35.4

 
43.2

 
118.0

 
126.2

Interest charged to cost of sales
 
(43.3
)
 
(42.8
)
 
(119.4
)
 
(112.1
)
Capitalized interest, end of period
 
$
206.6

 
$
212.6

 
$
206.6

 
$
212.6


_______________
(1)
Interest incurred includes interest incurred on the Company's financial services mortgage repurchase facility of $2.4 million and $5.9 million in the three and nine months ended June 30, 2016, respectively, and $2.1 million and $5.2 million in the same periods of 2015.