Property, Plant and Equipment

12 Months Ended

Aug. 31, 2014

Property, Plant and Equipment [Abstract]

A summary of property, plant and equipment as of August 31, 2014 and 2013 is as follows:



	2014		2013
	(Dollars in thousands)
Land and land improvements	$	212,609	$	169,022
Buildings	686,371		574,834
Machinery and equipment	4,558,485		4,195,523
Office and other	133,599		118,442
Construction in progress	1,018,011		480,703
	6,609,075		5,538,524
Less accumulated depreciation and amortization	2,578,052		2,367,120
Total property, plant and equipment	$	4,031,023	$	3,171,404

Depreciation expense for the years ended August 31, 2014, 2013 and 2012, was $253.3 million, $224.5 million and $199.8 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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