XML 82 R49.htm IDEA: XBRL DOCUMENT
v3.21.4

CREDIT ARRANGEMENTS (Long-term Debt, Including the Deferred Gain from the Termination of the Interest Rate Swaps) (Details) - USD ($) $ in Thousands | Nov. 30, 2021 | Aug. 31, 2021
--- | --- | ---
Debt Instrument [Line Items] |  |
Total debt | $ 1,072,475 | $ 1,077,922
Less debt issuance costs | 7,778 | 8,141
Total amounts outstanding | 1,064,697 | 1,069,781
Less current maturities of long-term debt | 56,896 | 54,366
Long-term debt | $ 1,007,801 | 1,015,415
2031 Notes |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 3.875% |
Total debt | $ 300,000 | 300,000
2031 Notes | Significant Other Observable Inputs (Level 2) | Fair Value |  |
Debt Instrument [Line Items] |  |
Total debt | $ 297,378 | 306,279
2027 Notes |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 5.375% |
Total debt | $ 300,000 | 300,000
2027 Notes | Significant Other Observable Inputs (Level 2) | Fair Value |  |
Debt Instrument [Line Items] |  |
Total debt | $ 309,978 | 316,839
2023 Notes |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 4.875% |
Total debt | $ 330,000 | 330,000
2023 Notes | Significant Other Observable Inputs (Level 2) | Fair Value |  |
Debt Instrument [Line Items] |  |
Total debt | $ 341,058 | 348,071
Poland Term Loan | Revolving credit facility |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 3.08% |
Total debt | $ 44,055 | 49,726
Poland Term Loan | Revolving credit facility | Significant Other Observable Inputs (Level 2) | Fair Value |  |
Debt Instrument [Line Items] |  |
Total debt | $ 44,055 | 49,726
Other |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 5.10% |
Total debt | $ 19,492 | 19,492
Finance leases |  |
Debt Instrument [Line Items] |  |
Total debt | $ 48,936 | 52,144
Short-term borrowings |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate, short term | 1.161% |
Total debt | $ 29,992 | 26,560
Short-term borrowings | Significant Other Observable Inputs (Level 2) | Fair Value |  |
Debt Instrument [Line Items] |  |
Total debt |  | $ 26,560

X
- Definition Long-term Debt and Capital Lease Obligations, Net + References No definition available. + Details
Name: | cmc_LongtermDebtandCapitalLeaseObligationsNet
Namespace Prefix: | cmc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of short-term and long-term debt and lease obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13,16) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
Name: | us-gaap_DebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + 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 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=120391452&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 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of long-term debt and lease obligation, classified as noncurrent. + 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=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt and lease obligation, classified as current. + 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 210.5-02.20) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate of long-term debt outstanding calculated at point in time. + References No definition available. + Details
Name: | us-gaap_LongtermDebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Weighted average interest rate of short-term debt outstanding calculated at point in time. + 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 210.5-02.19(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ShortTermDebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cmc_A300MillionNotesAt3875DueFebruary2031Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cmc_A300MillionNotesat5.375dueJuly2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cmc_A330MillionNotesAt4875DueMay2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cmc_PolandTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cmc_OtherDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cmc_FinanceLeasesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_ShortTermDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |