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INCOME TAX (Reconciliation of Federal Statutory Rate to Effective Tax Rate from Continuing Operations) (Details) - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Aug. 31, 2020
Income Tax Contingency [Line Items]      
Income tax expense at statutory rate $ 318,181 $ 112,144 $ 77,863
State and local taxes (3)(4) 26,753 (3,838) 9,895
Foreign tax impairment on valuation of subsidiaries 0 (29,866) 5,084
Global intangible low-taxed income 685 17,263 1,252
Change in valuation allowance (447) 37,092 968
Nontaxable foreign interest 3 (14,617) 8
Capital loss (34,736) 0 0
Research and development credit (13,102) (1,289) (563)
Other 548 4,264 (2,031)
Income tax expense on continuing operations $ 297,885 $ 121,153 $ 92,476
Effective income tax rate from continuing operations 19.70% 22.70% 24.90%