XML 51 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Notes Payable and Long-Term Debt | 6 Months Ended
--- | ---
Feb. 28, 2013
Debt Disclosure [Abstract] |
Notes Payable and Long-Term Debt | Notes Payable and Long-Term Debt
| February 28, 2013 |  | August 31, 2012 |  | February 29, 2012
Notes payable | $ | 419,536 |  |  | $ | 269,783 |  |  | $ | 182,661 |
CHS Capital notes payable | 438,960 |  |  | 533,839 |  |  | 453,410 |
| $ | 858,496 |  |  | $ | 803,622 |  |  | $ | 636,071 |
On February 28, 2013, we had two primary committed lines of credit. We had a three-year revolving facility and a five-year revolving facility, each with committed amounts of $1.25 billion, for a total of $2.5 billion. We had no amounts outstanding as of February 28, 2013, August 31, 2012 and February 29, 2012. In March 2013, we issued $100 million of long-term notes with an interest rate of 4.71%, which matures in fiscal 2033. The carrying value of our long-term debt approximated its fair value, based on quoted market prices of similar debt (a Level 2 classification in the fair value hierarchy). Interest, net for the three and six months ended February 28, 2013 and February 29, 2012 is as follows:
| For the Three Months Ended |  | For the Six Months Ended
| February 28, 2013 |  | February 29, 2012 |  | February 28, 2013 |  | February 29, 2012
Interest expense | $ | 23,219 |  |  | $ | 22,187 |  |  | $ | 47,655 |  |  | $ | 45,494 |
Interest-purchase of NCRA noncontrolling interests | 33,991 |  |  | 15,856 |  |  | 80,687 |  |  | 15,856 |
Capitalized interest | (2,694 | ) |  | (1,903 | ) |  | (5,596 | ) |  | (3,709 | )
Interest income | (1,131 | ) |  | (1,509 | ) |  | (2,151 | ) |  | (2,203 | )
Interest, net | $ | 53,385 |  |  | $ | 34,631 |  |  | $ | 120,595 |  |  | $ | 55,438 |

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -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=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration