Notes Payable and Long-Term Debt (Tables)

6 Months Ended

Feb. 28, 2021

Schedule of Notes Payable and Long-term Debt

Notes payable and long-term debt outstanding as of February 28, 2021 and August 31, 2020 are summarized below (in thousands):


	Maturity Date	February 28, 2021		August 31, 2020
4.700% Senior Notes	Sep 15, 2022	$	498,983	$	498,659
4.900% Senior Notes	Jul 14, 2023	299,420		299,300
3.950% Senior Notes	Jan 12, 2028	495,745		495,440
3.600% Senior Notes	Jan 15, 2030	495,032		494,756
3.000% Senior Notes	Jan 15, 2031	590,708		590,162
Borrowings under credit facilities(1)	Apr 23, 2021, Jan 22, 2023 and Jan 22, 2025	—		—
Borrowings under loans	Jan 22, 2025	350,128		350,165

Total notes payable and long-term debt		2,730,016		2,728,482
Less current installments of notes payable and long-term debt		50,197		50,194
Notes payable and long-term debt, less current installments		$	2,679,819	$	2,678,288

(1)As of February 28, 2021, the Company has $3.8 billion in available unused borrowing capacity under its revolving credit facilities. The Revolving Credit Facility under the five-year unsecured credit facility entered into on January 22, 2020 (the “Credit Facility”) acts as the back-up facility for commercial paper outstanding, if any. The Company has a borrowing capacity of up to $1.8 billion under its commercial paper program.