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Notes Payable and Long-Term Debt (Tables) | 12 Months Ended
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Aug. 31, 2014
Debt Disclosure [Abstract] |
Schedule of Short-term Debt [Table Text Block] |
|  | Weighted-average Interest Rate |  |  |  |
|  | 2014 |  | 2013 |  | 2014 |  | 2013
|  |  |  |  |  | (Dollars in thousands)
Notes payable (a) |  | 1.69% |  | 2.00% |  | $ | 840,699 |  |  | $ | 521,864 |
CHS Capital notes payable (b) |  | 1.07% |  | 1.23% |  | 318,774 |  |  | 367,448 |
Total notes payable |  | $ | 1,159,473 |  |  | $ | 889,312 |
Schedule of Long-term Debt Instruments | Long-term debt as of August 31, 2014 and 2013 consisted of the following:
|  |  | 2014 |  | 2013
|  |  | (Dollars in thousands)
5.59% unsecured revolving term loans from cooperative and other banks, due in equal installments beginning in 2013 through 2018 |  | $ | 105,000 |  |  | $ | 135,000 |
6.18% unsecured notes $400 million face amount, due in equal installments beginning in 2014 through 2018 |  | 320,000 |  |  | 400,000 |
5.60% unsecured notes $60 million face amount, due in equal installments beginning in 2012 through 2018 |  | 32,308 |  |  | 41,539 |
5.25% unsecured notes $125 million face amount, due in equal installments beginning in 2011 through 2015 |  | 25,000 |  |  | 50,000 |
5.78% unsecured notes $50 million face amount, due in equal installments beginning in 2014 through 2018 |  | 40,000 |  |  | 50,000 |
4.00% unsecured notes $100 million face amount, due in equal installments beginning in 2017 through 2021 |  | 100,000 |  |  | 100,000 |
4.08% unsecured notes $130 million face amount, due in 2019 (a) |  | 130,840 |  |  | 130,000 |
4.52% unsecured notes $160 million face amount, due in 2021 |  | 160,000 |  |  | 160,000 |
4.67% unsecured notes $130 million face amount, due in 2023 (a) |  | 133,360 |  |  | 130,000 |
3.85% unsecured notes $80 million face amount, due in 2025 |  | 80,000 |  |  | 80,000 |
3.80% unsecured notes $100 million face amount, due in 2025 |  | 100,000 |  |  | 100,000 |
4.82% unsecured notes $80 million face amount, due in 2026 |  | 80,000 |  |  | 80,000 |
4.71% unsecured notes $100 million face amount, due in 2033 |  | 100,000 |  |  | 100,000 |
Other notes and contracts with interest rates from 1.30% to 15.25% (b) |  | 49,992 |  |  | 50,493 |
Total long-term debt |  | 1,456,500 |  |  | 1,607,032 |
Less current portion |  | 156,836 |  |  | 156,612 |
Long-term portion |  | $ | 1,299,664 |  |  | $ | 1,450,420 |
_______________________________________
(a) | We have entered into interest rate swaps designated as fair value hedging relationships with these notes. Changes in the fair value of the swaps are recorded each period with a corresponding adjustment to the carrying value of the debt. See Note 12, Derivative Financial Instruments and Hedging Activities for more information.
(b) | Other notes and contracts payable of $14.3 million were collateralized on August 31, 2014.
Schedule of Maturities of Long-Term Debt | Long-term debt outstanding as of August 31, 2014 has aggregate maturities, excluding fair value adjustments, as follows:
| (Dollars in thousands)
2015 | $ | 156,836 |
2016 | 139,326 |
2017 | 149,852 |
2018 | 162,119 |
2019 | 150,622 |
Thereafter | 693,545 |
Total | $ | 1,452,300 |
Schedule of Interest,Net | Interest, net for the years ended August 31, 2014, 2013 and 2012 was as follows:
| 2014 |  | 2013 |  | 2012
| (Dollars in thousands)
Interest expense | $ | 79,614 |  |  | $ | 99,271 |  |  | $ | 94,090 |
Interest - purchase of NCRA noncontrolling interests | 70,843 |  |  | 149,087 |  |  | 113,184 |
Capitalized interest | (8,528 | ) |  | (10,579 | ) |  | (8,882 | )
Interest income | (6,987 | ) |  | (6,212 | ) |  | (5,129 | )
Interest, net | $ | 134,942 |  |  | $ | 231,567 |  |  | $ | 193,263 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 6: 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 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
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