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Equities | 3 Months Ended
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Nov. 30, 2016
Equity [Abstract] |
Equities | Equities Preferred Stock In June 2014, we filed a shelf registration statement on Form S-3 with the SEC. Under the shelf registration, which has been declared effective by the SEC, we may offer and sell, from time to time, up to $2.0 billion of our Class B Cumulative Redeemable Preferred Stock over a three-year period from the time of effectiveness. As of November 30, 2016, $990.0 million of our Class B Cumulative Redeemable Preferred Stock remained available for issuance under the shelf registration statement. Changes in Equities Changes in equities for the three months ended November 30, 2016, are as follows:
| Equity Certificates |  |  |  | Accumulated Other Comprehensive Loss |  |  |  |  |  |
| Capital Equity Certificates |  | Nonpatronage Equity Certificates |  | Nonqualified Equity Certificates |  | Preferred Stock |  |  | Capital Reserves |  | Noncontrolling Interests |  | Total Equities
| (Dollars in thousands)
Balance, August 31, 2016 | $ | 3,932,513 |  |  | $ | 22,894 |  |  | $ | 281,767 |  |  | $ | 2,244,132 |  |  | $ | (211,726 | ) |  | $ | 1,582,380 |  |  | $ | 14,290 |  |  | $ | 7,866,250 |
Reversal of prior year redemption estimate | 9,528 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 9,528 |
Redemptions of equities | (8,946 | ) |  | (60 | ) |  | (522 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (9,528 | )
Preferred stock dividends | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (41,825 | ) |  | — |  |  | (41,825 | )
Other, net | (47 | ) |  | (59 | ) |  | (24 | ) |  | — |  |  | — |  |  | 136 |  |  | (653 | ) |  | (647 | )
Net income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 209,150 |  |  | (208 | ) |  | 208,942 |
Other comprehensive income (loss), net of tax | — |  |  | — |  |  | — |  |  | — |  |  | (14,494 | ) |  | — |  |  | — |  |  | (14,494 | )
Estimated 2017 cash patronage refunds | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (58,238 | ) |  | — |  |  | (58,238 | )
Estimated 2017 equity redemptions | (28,708 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (28,708 | )
Balance, November 30, 2016 | $ | 3,904,340 |  |  | $ | 22,775 |  |  | $ | 281,221 |  |  | $ | 2,244,132 |  |  | $ | (226,220 | ) |  | $ | 1,691,603 |  |  | $ | 13,429 |  |  | $ | 7,931,280 |
Accumulated Other Comprehensive Loss Changes in accumulated other comprehensive income (loss) by component, net of tax, are as follows for the three months ended November 30, 2016, and 2015:
| Pension and Other Postretirement Benefits |  | Unrealized Net Gain on Available for Sale Investments |  | Cash Flow Hedges |  | Foreign Currency Translation Adjustment |  | Total
| (Dollars in thousands)
Balance as of August 31, 2016 | $ | (165,146 | ) |  | $ | 5,656 |  |  | $ | (9,196 | ) |  | $ | (43,040 | ) |  | $ | (211,726 | )
Current period other comprehensive income (loss), net of tax | — |  |  | 777 |  |  | 383 |  |  | (19,149 | ) |  | (17,989 | )
Amounts reclassified from accumulated other comprehensive income (loss), net of tax | 3,239 |  |  | — |  |  | 271 |  |  | (15 | ) |  | 3,495 |
Net other comprehensive income (loss), net of tax | 3,239 |  |  | 777 |  |  | 654 |  |  | (19,164 | ) |  | (14,494 | )
Balance as of November 30, 2016 | $ | (161,907 | ) |  | $ | 6,433 |  |  | $ | (8,542 | ) |  | $ | (62,204 | ) |  | $ | (226,220 | )
| Pension and Other Postretirement Benefits |  | Unrealized Net Gain on Available for Sale Investments |  | Cash Flow Hedges |  | Foreign Currency Translation Adjustment |  | Total
| (Dollars in thousands)
Balance as of August 31, 2015 | $ | (171,729 | ) |  | $ | 4,156 |  |  | $ | (5,324 | ) |  | $ | (41,310 | ) |  | $ | (214,207 | )
Current period other comprehensive income (loss), net of tax | 6,419 |  |  | 560 |  |  | (4,216 | ) |  | (2,980 | ) |  | (217 | )
Amounts reclassified from accumulated other comprehensive income (loss), net of tax | (3,218 | ) |  | — |  |  | (118 | ) |  | — |  |  | (3,336 | )
Net other comprehensive income (loss), net of tax | 3,201 |  |  | 560 |  |  | (4,334 | ) |  | (2,980 | ) |  | (3,553 | )
Balance as of November 30, 2015 | $ | (168,528 | ) |  | $ | 4,716 |  |  | $ | (9,658 | ) |  | $ | (44,290 | ) |  | $ | (217,760 | )
Amounts reclassified from accumulated other comprehensive income (loss) were primarily related to pension and other postretirement benefits. Pension and other postretirement reclassifications include amortization of net actuarial loss, prior service credit and transition amounts and are recorded as marketing, general and administrative expenses (see Note 8, Benefit Plans for further information).

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: 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(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: 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)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 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(31)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 8: 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(30)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 9: 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 10: 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(d)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 13: 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 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 + Details
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