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Investments (Tables)

3 Months Ended

Nov. 30, 2020

Investments [Abstract]

Investment Holdings, Schedule of Investments [Table Text Block]

			November 30, 2020						August 31, 2020
			(Dollars in thousands)
Equity method investments:
CF Industries Nitrogen, LLC			$	2,684,306					$	2,662,618
Ventura Foods, LLC			388,869						381,351
Ardent Mills, LLC			211,120						208,927
Other equity method investments			258,049						253,182
Other investments			124,130						123,955
Total investments			$	3,666,474					$	3,630,033

Equity Method Investments [Table Text Block]

The following table provides summarized unaudited financial information for our equity method investment in CF Nitrogen for the three months ended November 30, 2020 and 2019:

			Three Months Ended November 30,
			2020						2019
Net sales			$	606,340					$	649,638
Gross profit			94,068						149,573
Net earnings			81,173						140,490
Earnings attributable to CHS Inc.			21,688						34,834

The following table provides aggregate summarized unaudited financial information for our equity method investment in Ventura Foods for the three months ended November 30, 2020 and 2019:

			Three Months Ended November 30,
			2020						2019
Net sales			$	579,074					$	629,360
Gross profit			72,522						106,140
Net earnings			25,102						26,126
Earnings attributable to CHS Inc.			12,551						13,063

The following table provides aggregate summarized unaudited financial information for our equity method investments in Ardent Mills and TEMCO for the three months ended November 30, 2020 and 2019:

			Three Months Ended November 30,
			2020						2019
Net sales			$	2,795,940					$	1,587,493
Gross profit			131,904						97,570
Net earnings			64,554						35,451
Earnings attributable to CHS Inc.			12,627						(402)

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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

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- Definition

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+ References

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