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Investments (Tables)
12 Months Ended
Aug. 31, 2021
Investments [Abstract]  
Summary of investments Investments as of August 31, 2021 and 2020, are as follows:
20212020
 (Dollars in thousands)
Equity method investments
CF Industries Nitrogen, LLC$2,667,164 $2,662,618 
Ventura Foods, LLC388,612 381,351 
Ardent Mills, LLC220,132 208,927 
TEMCO, LLC31,464 19,444 
Other equity method investments232,923 233,738 
Other investments128,816 123,955 
Total investments$3,669,111 $3,630,033 
Summarized financial information of equity method investments The following tables provide aggregate summarized financial information for CF Nitrogen for balance sheets as of August 31, 2021 and 2020, and statements of operations for the 12 months ended August 31, 2021, 2020 and 2019:
20212020
 (Dollars in thousands)
Current assets$850,048 $552,127 
Noncurrent assets6,248,315 6,564,086 
Current liabilities301,174 222,391 
Noncurrent liabilities2,454 3,036 

202120202019
 (Dollars in thousands)
Net sales$2,975,983 $2,522,827 $2,894,795 
Gross profit866,880 570,901 737,168 
Net earnings809,536 529,462 706,291 
Earnings attributable to CHS Inc. 198,439 127,954 160,373 
The following tables provide aggregate summarized financial information for our equity method investment in Ventura Foods for balance sheets as of August 31, 2021 and 2020, and statements of operations for the 12 months ended August 31, 2021, 2020 and 2019:
20212020
 (Dollars in thousands)
Current assets$810,593 $695,911 
Noncurrent assets628,516 647,105 
Current liabilities374,361 274,807 
Noncurrent liabilities313,253 331,235 

202120202019
 (Dollars in thousands)
Net sales$2,584,532 $2,246,412 $2,463,945 
Gross profit350,708 289,590 299,959 
Net earnings151,196 68,055 102,069 
Earnings attributable to CHS Inc. 78,519 34,026 51,608