XML 109 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Comprehensive Income
 12 Months Ended
Aug. 31, 2012
Statement of Other Comprehensive Income [Abstract]  
Comprehensive income (loss) note, net of taxes
Comprehensive Income

The components of comprehensive income, net of taxes, for the years ended August 31, 2012, 2011 and 2010 are as follows:
 
2012
 
2011
 
2010
 
(Dollars in thousands)
Net income including noncontrolling interests
$
1,335,719

 
$
1,061,028

 
$
535,397

Pension and other postretirement, net of tax (benefit) expense of $(21,710), $17,776 and $(30,847) in 2012, 2011 and 2010, respectively
(38,216
)
 
28,001

 
(47,667
)
Unrealized net gain (loss) on available for sale investments, net of tax expense (benefit) of $199, $455 and $(477) in 2012, 2011 and 2010, respectively
355

 
716

 
(750
)
Treasury locks and swaps, net of tax expense (benefit) of $449, $(2,180) and $227 in 2012, 2011 and 2010, respectively
586

 
(3,424
)
 
356

Energy derivative instruments qualified for hedge accounting, net of tax expense (benefit) of $1,540 and $(1,540) in 2011 and 2010, respectively


 
2,419

 
(2,419
)
Foreign currency translation adjustment, net of tax (benefit) expense of $(3,699), $2,842 and $(791) in 2012, 2011 and 2010, respectively
(5,855
)
 
4,464

 
(1,242
)
Other comprehensive (loss) income
(43,130
)
 
32,176

 
(51,722
)
Total comprehensive income, including noncontrolling interests
1,292,589

 
1,093,204

 
483,675

Comprehensive income attributable to noncontrolling interests
75,091

 
101,458

 
30,513

Comprehensive income attributable to CHS Inc. 
$
1,217,498

 
$
991,746

 
$
453,162



The components of accumulated other comprehensive loss, net of taxes, as of August 31, 2012 and 2011 are as follows:
 
2012
 
2011
 
(Dollars in thousands)
Pension and other postretirement, net of tax benefit of $(145,031) and $(123,321) in 2012 and 2011, respectively
$
(228,727
)
 
$
(190,511
)
Unrealized net gain on available for sale investments, net of tax expense of $858 and $659 in 2012 and 2011, respectively
1,391

 
1,036

Treasury locks and swaps, net of tax benefit of $(2,347) and $(2,796) in 2012 and 2011, respectively
(3,806
)
 
(4,392
)
Foreign currency translation adjustment, net of tax (benefit) expense of $(891) and $2,808 in 2012 and 2011, respectively
(1,445
)
 
4,410

Accumulated other comprehensive loss, including noncontrolling interests
(232,587
)
 
(189,457
)
Accumulated other comprehensive loss attributable to noncontrolling interests


 
(14,581
)
Accumulated other comprehensive loss attributable to CHS Inc. 
$
(232,587
)
 
$
(174,876
)