Capitalized Interest (Tables)

3 Months Ended

Dec. 31, 2019

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, 2019 and 2018:

	Three Months Ended   December 31,
	2019			2018
	(In millions)
Capitalized interest, beginning of period	$	180.1		$	162.7
Interest incurred (1)	37.7			31.7
Interest charged to cost of sales	(25.7		)	(25.6		)
Capitalized interest, end of period	$	192.1		$	168.8

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(1)

Interest incurred included interest on the Company's mortgage repurchase facility of $4.7 million and $3.3 million in the three months ended December 31, 2019 and 2018, respectively, and Forestar interest of $8.7 million and $1.3 million, respectively.