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CREDIT ARRANGEMENTS (Tables) | 12 Months Ended
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Aug. 31, 2019
Debt Disclosure [Abstract] |
Long-term debt, including the deferred gain from the termination of the interest rate swaps | Long-term debt was as follows:
|  | Weighted Average Interest Rate as of August 31, 2019 |  | Year Ended August 31,
(in thousands) |  |  | 2019 |  | 2018
2027 Notes |  | 5.375% |  | $ | 300,000 |  |  | $ | 300,000 |
2026 Notes |  | 5.750% |  | 350,000 |  |  | 350,000 |
2023 Notes |  | 4.875% |  | 330,000 |  |  | 330,000 |
Term Loan |  | 4.111% |  | 210,125 |  |  | 142,500 |
Short-term borrowings |  | * |  | 3,929 |  |  | — |
Other, including equipment notes |  |  |  | 60,867 |  |  | 47,629 |
Total debt |  |  |  | 1,254,921 |  |  | 1,170,129 |
Less debt issuance costs |  |  |  | 10,268 |  |  | 11,764 |
Total amounts outstanding |  |  |  | 1,244,653 |  |  | 1,158,365 |
Less current maturities |  |  |  | 13,510 |  |  | 19,746 |
Less short-term borrowings |  |  |  | 3,929 |  |  | — |
Current maturities of long-term debt and short-term borrowings |  |  |  | 17,439 |  |  | 19,746 |
Long-term debt |  |  |  | $ | 1,227,214 |  |  | $ | 1,138,619 |
_________________ * As of August 31, 2019, the weighted average interest rates associated with the U.S. Program and Poland Program were 3.461% and 2.410%, respectively.
Scheduled maturities of the Company's long-term debt | The scheduled maturities of the Company's long-term debt are as follows:
Year Ended August 31, |  | (in thousands)
2020 |  | $ | 17,439 |
2021 |  | 10,827 |
2022 |  | 219,049 |
2023 |  | 337,264 |
2024 |  | 7,717 |
Thereafter |  | 662,625 |
Total long-term debt |  | 1,254,921 |
Less debt issuance costs |  | 10,268 |
Total long-term debt outstanding |  | $ | 1,244,653 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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