XML 184 R28.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Derivative Financial Instruments and Hedging Activities Derivative Financial Insturments and Hedging Activities (Tables) | 9 Months Ended
--- | ---
May 31, 2016
Derivative Instruments, Gain (Loss) [Line Items] |
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] | Derivatives Not Designated as Hedging Instruments The majority of our derivative instruments have not been designated as hedging instruments for accounting purposes. The following table sets forth the pretax gains (losses) on derivatives not accounted for as hedging instruments that have been included in our Consolidated Statements of Operations for the three and nine months ended May 31, 2016, and 2015. We have revised the information that we have historically included in this table below to correct for immaterial errors in the previously disclosed amounts. Although such gains and losses have been, and continue to be, appropriately recorded in the Consolidated Statements of Operations, the previous disclosures did not accurately reflect the derivative gains and losses in each period. These disclosure revisions did not materially impact our consolidated financial statements.
|  |  | For the Three Months Ended May 31, |  | For the Nine Months Ended May 31,
| Location of Gain (Loss) |  | 2016 |  | 2015 |  | 2016 |  | 2015
|  |  | (Dollars in thousands)
Commodity and freight derivatives | Cost of goods sold |  | $ | (193,548 | ) |  | $ | 23,840 |  |  | $ | (103,532 | ) |  | $ | 136,384 |
Foreign exchange derivatives | Cost of goods sold |  | 2,249 |  |  | 4,816 |  |  | (7,550 | ) |  | 7,960 |
Foreign exchange derivatives | Marketing, general and administrative |  | (12,820 | ) |  | (605 | ) |  | 2,308 |  |  | 4,441 |
Interest rate derivatives | Interest, net |  | (5,096 | ) |  | 10 |  |  | (6,299 | ) |  | 84 |
Total |  | $ | (209,215 | ) |  | $ | 28,061 |  |  | $ | (115,073 | ) |  | $ | 148,869 |
Schedule of Derivative Instruments, Purchase and Sales Contracts [Table Text Block] | all outstanding commodity and freight contracts accounted for as derivative instruments.
| May 31, 2016 |  | August 31, 2015
| Long |  | Short |  | Long |  | Short
| (Units in thousands)
Grain and oilseed - bushels | 833,047 |  |  | 1,121,351 |  |  | 711,066 |  |  | 895,326 |
Energy products - barrels | 16,132 |  |  | 8,311 |  |  | 17,238 |  |  | 11,676 |
Processed grain and oilseed - tons | 651 |  |  | 4,191 |  |  | 706 |  |  | 2,741 |
Crop nutrients - tons | 33 |  |  | 28 |  |  | 48 |  |  | 116 |
Ocean and barge freight - metric tons | 4,425 |  |  | 2,813 |  |  | 5,916 |  |  | 1,962 |
Rail freight - rail cars | 193 |  |  | 82 |  |  | 297 |  |  | 122 |
Natural gas - MMBtu | 7,780 |  |  | — |  |  | — |  |  | — |
Reconciliation of gross and net fair values of assets and liabilities subject to offsetting arrangements [Table Text Block] |
| August 31, 2015
|  |  | Amounts Not Offset on the Consolidated Balance Sheet but Eligible for Offsetting |  |
| Gross Amounts Recognized |  | Cash Collateral |  | Derivative Instruments |  | Net Amounts
| (Dollars in thousands)
Derivative Assets: |  |  |  |  |  |  |
Commodity and freight derivatives | $ | 476,071 |  |  | $ | — |  |  | $ | 58,401 |  |  | $ | 417,670 |
Foreign exchange derivatives | 23,154 |  |  | — |  |  | 11,682 |  |  | 11,472 |
Interest rate derivatives - hedge | 14,216 |  |  | — |  |  | — |  |  | 14,216 |
Total | $ | 513,441 |  |  | $ | — |  |  | $ | 70,083 |  |  | $ | 443,358 |
Derivative Liabilities: |  |  |  |  |  |  |
Commodity and freight derivatives | $ | 427,052 |  |  | $ | 11,482 |  |  | $ | 58,401 |  |  | $ | 357,169 |
Foreign exchange derivatives | 37,598 |  |  | — |  |  | 11,682 |  |  | 25,916 |
Interest rate derivatives - hedge | 6,058 |  |  | — |  |  | — |  |  | 6,058 |
Interest rate derivatives - non-hedge | 61 |  |  | — |  |  | — |  |  | 61 |
Total | $ | 470,769 |  |  | $ | 11,482 |  |  | $ | 70,083 |  |  | $ | 389,204 |
| May 31, 2016
|  |  | Amounts Not Offset on the Consolidated Balance Sheet but Eligible for Offsetting |  |
| Gross Amounts Recognized |  | Cash Collateral |  | Derivative Instruments |  | Net Amounts
| (Dollars in thousands)
Derivative Assets: |  |  |  |  |  |  |
Commodity and freight derivatives | $ | 553,048 |  |  | $ | — |  |  | $ | 47,618 |  |  | $ | 505,430 |
Foreign exchange derivatives | 14,088 |  |  | — |  |  | 6,672 |  |  | 7,416 |
Interest rate derivatives - hedge | 19,877 |  |  | — |  |  | — |  |  | 19,877 |
Total | $ | 587,013 |  |  | $ | — |  |  | $ | 54,290 |  |  | $ | 532,723 |
Derivative Liabilities: |  |  |  |  |  |  |
Commodity and freight derivatives | $ | 472,340 |  |  | $ | 9,857 |  |  | $ | 47,618 |  |  | $ | 414,865 |
Foreign exchange derivatives | 14,276 |  |  | — |  |  | 6,672 |  |  | 7,604 |
Interest rate derivatives - hedge | — |  |  | — |  |  | — |  |  | — |
Interest rate derivatives - non-hedge | 15 |  |  | — |  |  | — |  |  | 15 |
Total | $ | 486,631 |  |  | $ | 9,857 |  |  | $ | 54,290 |  |  | $ | 422,484 |
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block] | The following table presents the pretax gains (losses) recorded in other comprehensive income relating to cash flow hedges for the three and nine months ended May 31, 2016, and 2015.
|  | For the Three Months Ended May 31, |  | For the Nine Months Ended May 31,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
|  | (Dollars in thousands)
Interest rate derivatives |  | $ | — |  |  | $ | 389 |  |  | $ | (10,070 | ) |  | $ | (3,907 | )
The following table presents the pretax gains (losses) relating to cash flow hedges that were reclassified from accumulated other comprehensive loss into income for the three and nine months ended May 31, 2016, and 2015.
|  |  | For the Three Months Ended May 31, |  | For the Nine Months Ended May 31,
| Location of Gain (Loss) |  | 2016 |  | 2015 |  | 2016 |  | 2015
|  |  | (Dollars in thousands)
Interest rate derivatives | Interest income (expense) |  | $ | (4,166 | ) |  | $ | (197 | ) |  | $ | (4,631 | ) |  | $ | (598 | )
Schedule of Derivative Instruments, Gain (Loss) in Consolidated Statements of Operations | During the nine months ended May 31, 2016, and 2015, we recorded offsetting fair value adjustments of $7.6 million and $8.3 million, respectively, with no ineffectiveness recorded in earnings.

X
- Definition Reconciliation of gross and net fair values of assets and liabilities subject to offsetting arrangements [Table Text Block] + References No definition available. + Details
Name: | chscp_ReconciliationofgrossandnetfairvaluesofassetsandliabilitiessubjecttooffsettingarrangementsTableTextBlock
Namespace Prefix: | chscp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsGainLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for other derivative instruments not designated as hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration