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Notes Payable and Long-Term Debt (Tables)
 12 Months Ended
Aug. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]
 
 
Weighted-average Interest Rate
 
 
 
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
(Dollars in thousands)
Notes payable (a)
 
2.33%
 
1.69%
 
$
813,717

 
$
840,699

CHS Capital notes payable (b)
 
1.05%
 
1.07%
 
351,661

 
318,774

Total notes payable
 
$
1,165,378

 
$
1,159,473
Schedule of Long-term Debt Instruments
Amounts included in long-term debt on our Consolidated Balance Sheets as of August 31, 2015 and 2014 are presented in the table below. We have revised prior period amounts in this table to include capital lease obligations that were previously accounted for as operating leases. See Note 18, Correction of Immaterial Errors for more information on the nature and amounts of these revisions.
 
 
 
2015
 
2014
 
 
 
(Dollars in thousands)
5.59% unsecured revolving term loans from cooperative and other banks, due in equal installments beginning in 2013 through 2018
 
$
75,000

 
$
105,000

6.18% unsecured notes $400 million face amount, due in equal installments beginning in 2014 through 2018
 
240,000

 
320,000

5.60% unsecured notes $60 million face amount, due in equal installments beginning in 2012 through 2018
 
23,077

 
32,308

5.25% unsecured notes $125 million face amount, due in equal installments beginning in 2011 through 2015
 
—

 
25,000

5.78% unsecured notes $50 million face amount, due in equal installments beginning in 2014 through 2018
 
30,000

 
40,000

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)
 
132,161

 
130,840

4.52% unsecured notes $160 million face amount, due in 2021 (a)
 
164,654

 
160,000

4.67% unsecured notes $130 million face amount, due in 2023 (a)
 
135,422

 
133,360

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)
 
44,909

 
43,751

Capital lease obligations
 
125,894

 
155,366

Total long-term debt
 
1,431,117

 
1,605,625

Less current portion
 
170,309

 
201,965

Long-term portion
 
$
1,260,808

 
$
1,403,660

_______________________________________

(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 $0.5 million were collateralized on August 31, 2015.
Schedule of Maturities of Long-Term Debt

Long-term debt outstanding as of August 31, 2015 has aggregate maturities, excluding fair value adjustments and capital leases (see Note 5, Property, Plant and Equipment for a schedule of minimum future lease payments under capital leases), as follows:
 
(Dollars in thousands)
2016
$
129,994

2017
149,932

2018
161,596

2019
150,098

2020
31,340

Thereafter
670,400

Total 
$
1,293,360
Schedule of Interest,Net
The following table presents the components of interest expense, net for the years ended August 31, 2015, 2014 and 2013. We have revised prior period amounts in this table to include interest expense related to capital lease obligations that were previously accounted for as operating leases. See Note 18, Correction of Immaterial Errors for more information on the nature and amounts of these revisions.
 
2015
 
2014
 
2013
 
(Dollars in thousands)
Interest expense
$
93,152

 
$
84,925

 
$
104,403

Interest - purchase of CHS McPherson noncontrolling interests
34,810

 
70,843

 
149,087

Capitalized interest
(57,303
)
 
(8,528
)
 
(10,579
)
Interest income
(10,326
)
 
(6,987
)
 
(6,212
)
Interest expense, net
$
60,333

 
$
140,253

 
$
236,699