Capitalized Interest (Tables)

12 Months Ended

Sep. 30, 2023

Interest Costs Incurred [Abstract]

Interest costs incurred, capitalized and expensed

The following table summarizes the Company’s interest costs incurred, capitalized and expensed during the years ended September 30, 2023, 2022 and 2021:

	Year Ended September 30,
	2023		2022		2021
	(In millions)
Capitalized interest, beginning of year	$	237.4	$	217.7	$	207.7
Interest incurred (1)	203.5		162.5		152.2
Interest charged to cost of sales	(154.5)		(142.8)		(142.2)
Capitalized interest, end of year	$	286.4	$	237.4	$	217.7

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(1)Interest incurred in fiscal 2023, 2022 and 2021 includes interest on the Company's mortgage repurchase facility of $45.9 million, $18.9 million and $17.0 million, respectively, and Forestar interest of $32.8 million, $32.9 million and $41.6 million, respectively. Interest incurred in fiscal 2023 also includes interest on DRH Rental’s revolving credit facility of $56.0 million.