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Segment Reporting (Tables) | 12 Months Ended
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Aug. 31, 2016
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Reconciling amounts represent the elimination of revenues between segments. Such transactions are executed at market prices to more accurately evaluate the profitability of the individual business segments. Segment information for the years ended August 31, 2016, 2015 and 2014 is presented in the tables below. We have previously revised amounts for the year ended August 31, 2014 in the table below to include activity and amounts related to capital leases 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.
| Energy |  | Ag |  | Nitrogen Production |  | Foods |  | Corporate and Other |  | Reconciling Amounts |  | Total
| (Dollars in thousands)
For the year ended August 31, 2016: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 5,789,307 |  |  | $ | 24,849,634 |  |  | $ | — |  |  | $ | — |  |  | $ | 92,725 |  |  | $ | (384,463 | ) |  | $ | 30,347,203 |
Operating earnings | 248,173 |  |  | 52,334 |  |  | (6,193 | ) |  | (7,719 | ) |  | 23,601 |  |  | — |  |  | 310,196 |
(Gain) loss on investments | — |  |  | (6,157 | ) |  | — |  |  | — |  |  | (3,095 | ) |  | — |  |  | (9,252 | )
Interest expense, net | (22,531 | ) |  | 35,199 |  |  | 34,437 |  |  | 2,692 |  |  | 25,550 |  |  | — |  |  | 75,347 |
Equity (income) loss from investments | (4,739 | ) |  | (7,644 | ) |  | (74,700 | ) |  | (75,175 | ) |  | (13,519 | ) |  | — |  |  | (175,777 | )
Income before income taxes | $ | 275,443 |  |  | $ | 30,936 |  |  | $ | 34,070 |  |  | $ | 64,764 |  |  | $ | 14,665 |  |  | $ | — |  |  | $ | 419,878 |
Intersegment revenues | $ | (341,765 | ) |  | $ | (40,336 | ) |  | $ | — |  |  | $ | — |  |  | $ | (2,362 | ) |  | $ | 384,463 |  |  | $ | — |
Capital expenditures | $ | 376,841 |  |  | $ | 260,865 |  |  | $ | — |  |  | $ | — |  |  | $ | 55,074 |  |  | $ | — |  |  | $ | 692,780 |
Depreciation and amortization | $ | 193,525 |  |  | $ | 230,172 |  |  | $ | — |  |  | $ | — |  |  | $ | 23,795 |  |  | $ | — |  |  | $ | 447,492 |
Total assets as of August 31, 2016 | $ | 4,306,297 |  |  | $ | 7,002,916 |  |  | $ | 2,796,323 |  |  | $ | 369,487 |  |  | $ | 2,842,686 |  |  | $ | — |  |  | $ | 17,317,709 |
| Energy |  | Ag |  | Foods |  | Corporate and Other |  | Reconciling Amounts |  | Total
| (Dollars in thousands)
For the year ended August 31, 2015: |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 8,694,326 |  |  | $ | 26,311,350 |  |  | $ | — |  |  | $ | 74,828 |  |  | $ | (498,062 | ) |  | $ | 34,582,442 |
Operating earnings | 523,451 |  |  | 190,860 |  |  | (1,454 | ) |  | 2,555 |  |  | — |  |  | 715,412 |
(Gain) loss on investments | — |  |  | (2,875 | ) |  | — |  |  | (2,364 | ) |  | — |  |  | (5,239 | )
Interest expense, net | (12,350 | ) |  | 56,380 |  |  | 3,854 |  |  | 12,449 |  |  | — |  |  | 60,333 |
Equity (income) loss from investments | (2,330 | ) |  | (12,293 | ) |  | (67,955 | ) |  | (25,272 | ) |  | — |  |  | (107,850 | )
Income before income taxes | $ | 538,131 |  |  | $ | 149,648 |  |  | $ | 62,647 |  |  | $ | 17,742 |  |  | $ | — |  |  | $ | 768,168 |
Intersegment revenues | $ | (483,989 | ) |  | $ | (11,403 | ) |  | $ | — |  |  | $ | (2,670 | ) |  | $ | 498,062 |  |  | $ | — |
Capital expenditures | $ | 696,825 |  |  | $ | 417,950 |  |  | $ | — |  |  | $ | 72,015 |  |  | $ | — |  |  | $ | 1,186,790 |
Depreciation and amortization | $ | 148,292 |  |  | $ | 192,438 |  |  | $ | — |  |  | $ | 14,692 |  |  | $ | — |  |  | $ | 355,422 |
Total assets as of August 31, 2015 | $ | 4,624,471 |  |  | $ | 7,814,689 |  |  | $ | 347,748 |  |  | $ | 2,441,404 |  |  | $ | — |  |  | $ | 15,228,312 |
| Energy |  | Ag |  | Foods |  | Corporate and Other |  | Reconciling Amounts |  | Total
For the year ended August 31, 2014: | (Dollars in thousands)
Revenues | $ | 12,181,212 |  |  | $ | 31,022,507 |  |  | $ | — |  |  | $ | 73,827 |  |  | $ | (613,513 | ) |  | $ | 42,664,033 |
Operating earnings | 793,924 |  |  | 249,944 |  |  | (1,292 | ) |  | 7,372 |  |  | — |  |  | 1,049,948 |
(Gain) loss on investments | — |  |  | (1,949 | ) |  | — |  |  | (112,213 | ) |  | — |  |  | (114,162 | )
Interest expense, net | 69,522 |  |  | 60,742 |  |  | 5,419 |  |  | 4,570 |  |  | — |  |  | 140,253 |
Equity (income) loss from investments | (4,014 | ) |  | (22,279 | ) |  | (55,104 | ) |  | (26,049 | ) |  | — |  |  | (107,446 | )
Income before income taxes | $ | 728,416 |  |  | $ | 213,430 |  |  | $ | 48,393 |  |  | $ | 141,064 |  |  | $ | — |  |  | $ | 1,131,303 |
Intersegment revenues | $ | (600,433 | ) |  | $ | (9,960 | ) |  | $ | — |  |  | $ | (3,120 | ) |  | $ | 613,513 |  |  | $ | — |
Capital expenditures | $ | 539,170 |  |  | $ | 329,613 |  |  | $ | — |  |  | $ | 50,293 |  |  | $ | — |  |  | $ | 919,076 |
Depreciation and amortization | $ | 137,408 |  |  | $ | 157,102 |  |  | $ | — |  |  | $ | 11,737 |  |  | $ | — |  |  | $ | 306,247 |
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area | years ended August 31, 2016, 2015 and 2014:
| 2016 |  | 2015 |  | 2014
| (Dollars in millions)
North America | $ | 23,276 |  |  | $ | 27,821 |  |  | $ | 38,287 |
South America | 1,847 |  |  | 1,529 |  |  | 2,133 |
Europe, the Middle East and Africa (EMEA) | 4,166 |  |  | 4,221 |  |  | 1,602 |
Asia Pacific (APAC) | 1,058 |  |  | 1,011 |  |  | 642 |
Total | $ | 30,347 |  |  | $ | 34,582 |  |  | $ | 42,664 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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