Capitalized Interest (Tables)

3 Months Ended

Dec. 31, 2022

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, 2022 and 2021:

	Three Months Ended December 31,
	2022		2021
	(In millions)
Capitalized interest, beginning of period	$	237.4	$	217.7
Interest incurred (1)	46.2		36.9
Interest charged to cost of sales	(28.5)		(33.3)
Capitalized interest, end of period	$	255.1	$	221.3

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(1)    Interest incurred in the three months ended December 31, 2022 and 2021 includes interest on the Company's mortgage repurchase facility of $8.1 million and $4.0 million, respectively, and Forestar interest of $8.2 million and $8.1 million respectively. Interest incurred in the three months ended December 31, 2022 also includes interest on DRH Rental’s revolving credit facility of $9.0 million.