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CREDIT ARRANGEMENTS (Schedule of Long-term Debt) (Details) - USD ($) $ in Thousands | May 31, 2024 | Aug. 31, 2023
--- | --- | ---
Debt Instrument [Line Items] |  |
Total debt | $ 1,209,486 | $ 1,164,991
Less debt issuance costs | (13,514) | (14,840)
Total amounts outstanding | 1,200,473 | 1,154,797
Less current maturities of long-term debt | (62,871) | (40,513)
Long-term debt | $ 1,137,602 | 1,114,284
2030 Notes |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 4.125% |
Total debt | $ 300,000 | 300,000
2031 Notes |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 3.875% |
Total debt | $ 300,000 | 300,000
2032 Notes |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 4.375% |
Total debt | $ 300,000 | 300,000
Series 2022 Bonds, due 2047 |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 4.00% |
Total debt | $ 145,060 | 145,060
Plus unamortized bond premium | $ 4,501 | $ 4,646
Short-term borrowings |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate, short term | 6.80% | 7.80%
Total debt | $ 28,004 | $ 8,419
Other |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 5.10% |
Total debt | $ 11,910 | 16,042
Finance leases |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate | 5.158% |
Total debt | $ 124,512 | $ 95,470

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