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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
May 31, 2016
Aug. 31, 2015
Current assets:    
Cash and cash equivalents $ 483,855 $ 485,323
Accounts receivable (less allowance for doubtful accounts of $7,544 and $9,033) 740,283 900,619
Inventories, net 661,563 880,484
Current deferred tax assets 0 3,310
Other current assets 144,967 93,643
Assets of businesses held for sale 587 17,008
Total current assets 2,031,255 2,380,387
Property, plant and equipment:    
Land 74,999 75,086
Buildings and improvements 504,712 489,500
Equipment 1,680,657 1,670,755
Construction in process 82,532 59,241
Property, plant and equipment, Gross 2,342,900 2,294,582
Less accumulated depreciation and amortization (1,452,815) (1,410,932)
Property, plant and equipment, Net 890,085 883,650
Goodwill 66,333 66,383
Other noncurrent assets 123,013 115,168
Total assets 3,110,686 3,445,588
Current liabilities:    
Accounts payable-trade 235,385 260,984
Accounts payable-documentary letters of credit 1,327 41,473
Accrued expenses and other payables 236,009 290,677
Notes payable 0 20,090
Current maturities of long-term debt 10,929 10,110
Liabilities of businesses held for sale 3,704 5,276
Total current liabilities 487,354 628,610
Deferred income taxes 76,340 55,803
Other long-term liabilities 115,837 101,919
Long-term debt 1,067,693 1,277,882
Total liabilities $ 1,747,224 $ 2,064,214
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 114,626,598 and 115,635,338 shares $ 1,290 $ 1,290
Additional paid-in capital 355,311 365,863
Accumulated other comprehensive loss (127,180) (113,535)
Retained earnings 1,386,875 1,373,568
Less treasury stock, 14,434,066 and 13,425,326 shares at cost (252,993) (245,961)
Stockholders' equity attributable to CMC 1,363,303 1,381,225
Stockholders' equity attributable to noncontrolling interests 159 149
Total stockholders' equity 1,363,462 1,381,374
Total liabilities and stockholders' equity $ 3,110,686 $ 3,445,588