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Segment Reporting (Tables)

12 Months Ended

Aug. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Information

Segment information for the years ended August 31, 2021, 2020 and 2019, is presented in the tables below.

			Energy						Ag						Nitrogen Production						Foods						Corporate and Other						Reconciling Amounts						Total
Year ended August 31, 2021			(Dollars in thousands)
Revenues, including intersegment revenues			$	6,812,478					$	32,058,064					$	—					$	—					$	46,476					$	(468,985)					$	38,448,033
Intersegment revenues			(437,217)						(22,722)						—						—						(9,046)						468,985						—
Revenues, net of intersegment revenues			$	6,375,261					$	32,035,342					$	—					$	—					$	37,430					$	—					$	38,448,033
Operating earnings (loss)			(15,775)						265,362						(35,432)						(10,617)						2,259												205,797
Interest expense			1,113						65,099						44,461						—						1,804						(7,912)						104,565
Other income			(2,819)						(47,452)						(2,489)						—						(14,711)						7,912						(59,559)
Equity income from investments			(3,473)						(50,381)						(198,439)						(78,519)						(23,717)												(354,529)
Income before income taxes			$	(10,596)					$	298,096					$	121,035					$	67,902					$	38,883					$	—					$	515,320
Capital expenditures			112,160						148,770						—						—						56,864						—						317,794
Depreciation and amortization			245,273						182,210						—						—						34,247						—						461,730
Total assets as of August 31, 2021			4,286,677						7,451,559						2,683,652						388,612						2,765,775						—						17,576,275

			Energy						Ag						Nitrogen Production						Foods						Corporate and Other						Reconciling Amounts						Total
Year ended August 31, 2020			(Dollars in thousands)
Revenues, including intersegment revenues			$	5,820,154					$	22,940,712					$	—					$	—					$	55,567					$	(410,068)					$	28,406,365
Intersegment revenues			(389,020)						(14,613)						—						—						(6,435)						410,068						—
Revenues, net of intersegment revenues			$	5,431,134					$	22,926,099					$	—					$	—					$	49,132					$	—					$	28,406,365
Operating earnings (loss)			219,861						82,543						(33,497)						(9,847)						18,205						—						277,265
Interest expense			308						71,682						45,255						—						11,806						(12,074)						116,977
Other income			(3,005)						(35,560)						(2,635)						—						(10,749)						12,074						(39,875)
Equity income from investments			(2,759)						(7,303)						(127,954)						(34,026)						(14,673)						—						(186,715)
Income before income taxes			$	225,317					$	53,724					$	51,837					$	24,179					$	31,821					$	—					$	386,878
Capital expenditures			175,169						158,903						—						—						84,287						—						418,359
Depreciation and amortization			245,983						196,510						—						—						34,882						—						477,375
Total assets as of August 31, 2020			4,447,526						6,325,857						2,681,616						381,351						2,157,597						—						15,993,947

			Energy						Ag						Nitrogen Production						Foods						Corporate and Other						Reconciling Amounts						Total
Year ended August 31, 2019			(Dollars in thousands)
Revenues, including intersegment revenues			$	7,581,450					$	24,736,425					$	—					$	—					$	68,710					$	(486,132)					$	31,900,453
Intersegment revenues			(462,374)						(16,353)						—						—						(7,405)						486,132						—
Revenues, net of intersegment revenues			$	7,119,076					$	24,720,072					$	—					$	—					$	61,305					$	—					$	31,900,453
Operating earnings (loss)			615,662						65,181						(35,046)						(8,912)						22,717						—						659,602
Interest expense			5,719						101,386						55,226						—						11,684						(6,950)						167,065
Other income			(5,548)						(74,774)						(2,769)						—						(10,168)						6,950						(86,309)
Equity income from investments			(2,697)						(4,447)						(160,373)						(51,608)						(17,630)						—						(236,755)
Income before income taxes			$	618,188					$	43,016					$	72,870					$	42,696					$	38,831					$	—					$	815,601
Capital expenditures			268,877						110,197						—						—						64,142						—						443,216
Depreciation and amortization			233,624						208,294						—						—						31,293						—						473,211

Schedule of Sales Based on Geographic Locations

The following table presents our sales, based on the geographic location of the subsidiary making the sale, for the years ended August 31, 2021, 2020 and 2019:

			2021						2020						2019
			(Dollars in thousands)
North America (a)			$	36,540,178					$	25,360,077					$	27,896,269
South America			242,848						1,559,380						2,027,020
Europe, Middle East and Africa (EMEA)			955,605						774,068						895,472
Asia Pacific (APAC)			709,402						712,840						1,081,692
Total			$	38,448,033					$	28,406,365					$	31,900,453

(a) Revenues in North America are substantially all attributed to revenues from the United States.

Schedule of Long-lived Assets by Geographical Region

The following table presents long-lived assets by geographical region based on physical location:

			2021						2020
			(Dollars in thousands)
United States			$	4,944,574					$	5,121,315
International			62,072						65,134
Total			$	5,006,646					$	5,186,449

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