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Notes Payable and Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2019 | Aug. 31, 2018
Debt Disclosure [Abstract] |  |
Schedule of Deferred Purchase Price [Table Text Block] | . | During the period from July 2017 through an amendment of the Securitization Facility in June 2018, CHS accounted for Receivables sold under the Securitization Facility as a sale of financial assets pursuant to ASC 860, Transfers and Servicing, and the Receivables sold were derecognized from our Consolidated Balance Sheets. The following table is a reconciliation of the beginning and ending balances of the Deferred Purchase Price ("DPP") receivable, including the long-term portion included in other assets, for the year ended August 31, 2018.
| 2018
| (Dollars in thousands)
Balance - beginning of year | $ | 548,602 |
Cash collections on DPP receivable | (10,961 | )
Transfer of receivables | (386,900 | )
Monthly settlements, net | (169,827 | )
Fair value adjustment | 19,086 |
Balance - end of year | $ | — |
Schedule of notes payable | Notes payable as of August 31, 2019 and 2018, consisted of the following:
|  | Weighted-average Interest Rate |  |  |  |
|  | 2019 |  | 2018 |  | 2019 |  | 2018
|  |  |  |  |  | (Dollars in thousands)
Notes payable |  | 3.36% |  | 3.50% |  | $ | 1,330,550 |  |  | $ | 1,437,264 |
CHS Capital notes payable |  | 2.90% |  | 2.82% |  | 825,558 |  |  | 834,932 |
Total notes payable |  | $ | 2,156,108 |  |  | $ | 2,272,196 |
Summary of primary lines of credit | The following table summarizes our primary lines of credit as of August 31, 2019 and 2018:
Primary Revolving Credit Facilities |  | Fiscal Year of Maturity |  | Total Capacity |  | Borrowings Outstanding |  | Interest Rates
|  |  |  | 2019 |  | 2019 |  | 2018 |  |
|  |  |  | (Dollars in thousands) |  |
Committed five-year unsecured facility |  | 2024 |  | $ | 2,750,000 |  |  | $ | 335,000 |  |  | $ | — |  |  | LIBOR or base rate +0.00% to 1.45%
Uncommitted bilateral facilities |  | 2020 |  | 630,000 |  |  | 430,000 |  |  | 515,000 |  |  | LIBOR or base rate +0.00% to 1.20%
Schedule of amounts included in long-term debt | Amounts included in long-term debt on our Consolidated Balance Sheets as of August 31, 2019 and 2018, are presented in the table below.
|  |  | 2019 |  | 2018
|  |  | (Dollars in thousands)
4.00% unsecured notes $100 million face amount, due in equal installments beginning in fiscal 2017 through fiscal 2021 |  | $ | 40,000 |  |  | $ | 60,000 |
4.08% unsecured notes $130 million face amount, due in fiscal 2019 (a) |  | — |  |  | 129,229 |
4.52% unsecured notes $160 million face amount, due in fiscal 2021 (a) |  | 161,978 |  |  | 157,528 |
4.67% unsecured notes $130 million face amount, due in fiscal 2023 (a) |  | 136,086 |  |  | 128,577 |
4.39% unsecured notes $152 million face amount, due in fiscal 2023 |  | 152,000 |  |  | 152,000 |
3.85% unsecured notes $80 million face amount, due in fiscal 2025 |  | 80,000 |  |  | 80,000 |
3.80% unsecured notes $100 million face amount, due in fiscal 2025 |  | 100,000 |  |  | 100,000 |
4.58% unsecured notes $150 million face amount, due in fiscal 2025 |  | 151,776 |  |  | 145,213 |
4.82% unsecured notes $80 million face amount, due in fiscal 2026 |  | 80,000 |  |  | 80,000 |
4.69% unsecured notes $58 million face amount, due in fiscal 2027 |  | 58,000 |  |  | 58,000 |
4.74% unsecured notes $95 million face amount, due in fiscal 2028 |  | 95,000 |  |  | 95,000 |
4.89% unsecured notes $100 million face amount, due in fiscal 2031 |  | 100,000 |  |  | 100,000 |
4.71% unsecured notes $100 million face amount, due in fiscal 2033 |  | 100,000 |  |  | 100,000 |
5.40% unsecured notes $125 million face amount, due in fiscal 2036 |  | 125,000 |  |  | 125,000 |
Private Placement debt |  | 1,379,840 |  |  | 1,510,547 |
2.25% unsecured term loans from cooperative and other banks, due in fiscal 2025 (b) |  | 366,000 |  |  | 366,000 |
Bank financing |  | 366,000 |  |  | 366,000 |
Capital lease obligations |  | 28,239 |  |  | 25,280 |
Other notes and contracts with interest rates from 1.30% to 15.25% |  | 18,601 |  |  | 32,607 |
Deferred financing costs |  | (3,569 | ) |  | (4,179 | )
Total long-term debt |  | 1,789,111 |  |  | 1,930,255 |
Less current portion |  | 39,210 |  |  | 167,565 |
Long-term portion |  | $ | 1,749,901 |  |  | $ | 1,762,690 |
(a) We have entered into interest rate swaps designated as fair value hedging relationships with these notes. Changes in the fair value of the swaps are recorded each period with a corresponding adjustment to the carrying value of the debt. See Note 13, Derivative Financial Instruments and Hedging Activities, for more information. (b) Borrowings are variable under the agreement and bear interest at a base rate (or LIBOR) plus an applicable margin. |
Schedule of minimum future payments | Long-term debt outstanding as of August 31, 2019, has aggregate maturities, excluding fair value adjustments and capital leases (see Note 6, Property, Plant and Equipment, for a schedule of minimum future lease payments under capital leases), as follows:
| (Dollars in thousands)
2020 | $ | 32,812 |
2021 | 180,663 |
2022 | 66 |
2023 | 282,066 |
2024 | 2,620 |
Thereafter | 1,256,525 |
Total | $ | 1,754,752 |

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