XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Derivative Financial Instruments and Hedging Activities Derivative Financial Insturments and Hedging Activities (Tables) | 3 Months Ended
--- | ---
Nov. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Reconciliation of gross and net fair values of assets and liabilities subject to offsetting arrangements [Table Text Block] |
| November 30, 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 | $ | 364,218 |  |  | $ | — |  |  | $ | 24,504 |  |  | $ | 339,714 |
Foreign exchange derivatives | 20,335 |  |  | — |  |  | 5,270 |  |  | 15,065 |
Interest rate derivatives - hedge | 10,444 |  |  | — |  |  | — |  |  | 10,444 |
Embedded derivative asset | 24,106 |  |  | — |  |  | — |  |  | 24,106 |
Total | $ | 419,103 |  |  | $ | — |  |  | $ | 29,774 |  |  | $ | 389,329 |
Derivative Liabilities: |  |  |  |  |  |  |
Commodity and freight derivatives | $ | 300,167 |  |  | $ | 237 |  |  | $ | 24,504 |  |  | $ | 275,426 |
Foreign exchange derivatives | 15,690 |  |  | — |  |  | 5,270 |  |  | 10,420 |
Interest rate derivatives - hedge | 1,642 |  |  | — |  |  | — |  |  | 1,642 |
Interest rate derivatives - non-hedge | 6 |  |  | — |  |  | — |  |  | 6 |
Total | $ | 317,505 |  |  | $ | 237 |  |  | $ | 29,774 |  |  | $ | 287,494 |
| August 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 | $ | 500,192 |  |  | $ | — |  |  | $ | 23,689 |  |  | $ | 476,503 |
Foreign exchange derivatives | 21,551 |  |  | — |  |  | 9,187 |  |  | 12,364 |
Interest rate derivatives - hedge | 22,078 |  |  | — |  |  | — |  |  | 22,078 |
Total | $ | 543,821 |  |  | $ | — |  |  | $ | 32,876 |  |  | $ | 510,945 |
Derivative Liabilities: |  |  |  |  |  |  |
Commodity and freight derivatives | $ | 491,302 |  |  | $ | 811 |  |  | $ | 23,689 |  |  | $ | 466,802 |
Foreign exchange derivatives | 22,289 |  |  | — |  |  | 9,187 |  |  | 13,102 |
Interest rate derivatives - non-hedge | 8 |  |  | — |  |  | — |  |  | 8 |
Total | $ | 513,599 |  |  | $ | 811 |  |  | $ | 32,876 |  |  | $ | 479,912 |
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 months ended November 30, 2016, and 2015.
|  |  | For the Three Months Ended November 30
| Location of Gain (Loss) |  | 2016 |  | 2015
|  |  | (Dollars in thousands)
Commodity and freight derivatives | Cost of goods sold |  | $ | 18,410 |  |  | $ | 35,046 |
Foreign exchange derivatives | Cost of goods sold |  | 6,024 |  |  | 683 |
Foreign exchange derivatives | Marketing, general and administrative |  | 145 |  |  | 7,523 |
Interest rate derivatives | Interest expense |  | 2 |  |  | (704 | )
Embedded derivative | Other Income |  | 29,106 |  |  | — |
Total |  | $ | 53,687 |  |  | $ | 42,548 |
Schedule of Derivative Instruments, Purchase and Sales Contracts [Table Text Block] | all outstanding commodity and freight contracts accounted for as derivative instruments.
| November 30, 2016 |  | August 31, 2016
| Long |  | Short |  | Long |  | Short
| (Units in thousands)
Grain and oilseed - bushels | 698,853 |  |  | 992,878 |  |  | 774,279 |  |  | 995,396 |
Energy products - barrels | 12,666 |  |  | 5,767 |  |  | 14,740 |  |  | 6,470 |
Processed grain and oilseed - tons | 502 |  |  | 1,958 |  |  | 541 |  |  | 2,060 |
Crop nutrients - tons | 65 |  |  | 209 |  |  | 108 |  |  | 135 |
Ocean and barge freight - metric tons | 6,571 |  |  | 1,422 |  |  | 4,406 |  |  | 877 |
Rail freight - rail cars | 195 |  |  | 77 |  |  | 205 |  |  | 79 |
Natural gas - MMBtu | 3,706 |  |  | 50 |  |  | 3,550 |  |  | 300 |
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 months ended November 30, 2016, and 2015.
|  | For the Three Months Ended November 30
|  | 2016 |  | 2015
|  | (Dollars in thousands)
Interest rate derivatives |  | $ | — |  |  | $ | (6,818 | )
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 months ended November 30, 2016, and 2015.
|  |  | For the Three Months Ended November 30
| Location of Gain (Loss) |  | 2016 |  | 2015
|  |  | (Dollars in thousands)
Interest rate derivatives | Interest expense |  | $ | (440 | ) |  | $ | (191 | )

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
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
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=64837297&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 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=64837297&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=64837297&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration