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Capitalized Interest (Tables)
9 Months Ended
Jun. 30, 2018
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, 2018 and 2017:
 
 
Three Months Ended 
 June 30,
 
Nine Months Ended 
 June 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
(In millions)
Capitalized interest, beginning of period
 
$
170.1

 
$
186.2

 
$
167.9

 
$
191.2

Interest incurred (1)
 
31.0

 
32.4

 
93.8

 
99.4

Interest charged to cost of sales
 
(35.4
)
 
(38.7
)
 
(96.0
)
 
(110.7
)
Capitalized interest, end of period
 
$
165.7

 
$
179.9

 
$
165.7

 
$
179.9


_______________
(1)
Interest incurred included interest on the Company's mortgage repurchase facility of $3.4 million and $7.9 million in the three and nine months ended June 30, 2018, respectively, and $2.4 million and $5.9 million in the same periods of fiscal 2017. Also included in the fiscal 2018 amounts is interest incurred by Forestar of $0.9 million in the three months ended June 30, 2018 and $2.3 million from the acquisition date through June 30, 2018.