CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2020	Aug. 31, 2019
Current assets:
Cash and cash equivalents	$ 542,103	$ 192,461
Accounts receivable (less allowance for doubtful accounts of $9,597 and $8,403)	880,728	1,016,088
Inventories	625,393	692,368
Prepaid and other current assets	165,879	179,088
Total current assets	2,214,103	2,080,005
Property, plant and equipment:
Land	143,567	142,825
Buildings and improvements	786,820	750,381
Equipment	2,364,923	2,234,800
Construction in process	103,776	68,579
Property, plant and equipment, Gross	3,399,086	3,196,585
Less accumulated depreciation and amortization	(1,828,019)	(1,695,614)
Property, plant and equipment, Net	1,571,067	1,500,971
Goodwill	64,321	64,138
Other noncurrent assets	232,237	113,657
Total assets	4,081,728	3,758,771
Current liabilities:
Accounts payable	266,102	288,005
Accrued expenses and other payables	454,977	353,786
Acquired unfavorable contract backlog	6,035	35,360
Current maturities of long-term debt and short-term borrowings	18,149	17,439
Total current liabilities	745,263	694,590
Deferred income taxes	130,810	79,290
Other noncurrent liabilities	250,706	133,620
Long-term debt	1,065,536	1,227,214
Total liabilities	2,192,315	2,134,714
Commitments and contingencies (Note 19)
Stockholders' equity:
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 119,220,905 and 117,924,938 shares	1,290	1,290
Additional paid-in capital	358,912	358,668
Accumulated other comprehensive loss	(103,764)	(124,126)
Retained earnings	1,807,826	1,585,379
Less treasury stock, 9,839,759 and 11,135,726 shares at cost	(175,063)	(197,350)
Stockholders' equity	1,889,201	1,623,861
Stockholders' equity attributable to noncontrolling interests	212	196
Total equity	1,889,413	1,624,057
Total liabilities and stockholders' equity	$ 4,081,728	$ 3,758,771
Common Stock, Shares, Issued	129,060,664	129,060,664
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01

Business Combination, Acquired Unfavorable Contract Backlog

No definition available.

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Namespace Prefix:	cmc_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).