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Investments (Tables) | 12 Months Ended
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Aug. 31, 2019
Investments [Abstract] |
Summary of investments | Investments as of August 31, 2019 and 2018, are as follows:
| 2019 |  | 2018
| (Dollars in thousands)
Equity method investments: |  |  |
CF Industries Nitrogen, LLC | $ | 2,708,942 |  |  | $ | 2,735,073 |
Ventura Foods, LLC | 374,516 |  |  | 360,150 |
Ardent Mills, LLC | 209,027 |  |  | 205,898 |
Other equity method investments | 267,247 |  |  | 288,016 |
Other investments | 124,264 |  |  | 122,788 |
Total investments | $ | 3,683,996 |  |  | $ | 3,711,925 |
Summarized financial information of equity method investments | The following tables provide aggregate summarized financial information for CF Nitrogen for the balance sheets as of August 31, 2019 and 2018, and the statements of operations for the 12 months ended August 31, 2019, 2018 and 2017:
| 2019 |  | 2018
| (Dollars in thousands)
Current assets | $ | 590,057 |  |  | $ | 576,076 |
Non-current assets | 7,028,766 |  |  | 7,447,594 |
Current liabilities | 228,324 |  |  | 215,104 |
Non-current liabilities | 2,455 |  |  | 71 |
| 2019 |  | 2018 |  | 2017
| (Dollars in thousands)
Net sales | $ | 2,894,795 |  |  | $ | 2,449,695 |  |  | $ | 2,051,159 |
Gross profit | 737,168 |  |  | 423,612 |  |  | 195,142 |
Net earnings | 706,291 |  |  | 401,295 |  |  | 123,965 |
Earnings attributable to CHS Inc. | 160,373 |  |  | 106,895 |  |  | 66,530 |
The following tables provide aggregate summarized financial information for our equity method investments in Ventura Foods and Ardent Mills for balance sheets as of August 31, 2019 and 2018, and statements of operations for the 12 months ended August 31, 2019, 2018 and 2017:
| 2019 |  | 2018
| (Dollars in thousands)
Current assets | $ | 1,469,003 |  |  | $ | 1,462,590 |
Non-current assets | 2,327,217 |  |  | 2,331,295 |
Current liabilities | 535,579 |  |  | 671,928 |
Non-current liabilities | 790,401 |  |  | 693,360 |
| 2019 |  | 2018 |  | 2017
| (Dollars in thousands)
Net sales | $ | 5,752,368 |  |  | $ | 5,882,035 |  |  | $ | 5,762,849 |
Gross profit | 565,784 |  |  | 601,927 |  |  | 673,329 |
Net earnings | 248,303 |  |  | 226,776 |  |  | 265,126 |
Earnings attributable to CHS Inc. | 69,157 |  |  | 46,069 |  |  | 60,716 |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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