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Segment Reporting (Tables)

12 Months Ended

Aug. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

Segment information for the years ended August 31, 2022, 2021 and 2020, is presented in the tables below.

			Energy						Ag						Nitrogen Production						Corporate and Other						Reconciling Amounts						Total
Year ended August 31, 2022			(Dollars in thousands)
Revenues, including intersegment revenues			$	10,964,304					$	37,489,203					$	—					$	45,278					$	(707,119)					$	47,791,666
Intersegment revenues			(669,530)						(28,992)						—						(8,597)						707,119						—
Revenues, net of intersegment revenues			$	10,294,774					$	37,460,211					$	—					$	36,681					$	—					$	47,791,666
Operating earnings (loss)			633,832						588,070						(55,600)						(37,216)												1,129,086
Interest expense			6,768						59,118						48,110						5,105						(4,945)						114,156
Other (income) expense			(3,474)						(46,277)						11,487						9,559						4,945						(23,760)
Equity (income) losses from investments			13,987						(82,357)						(593,182)						(109,775)												(771,327)
Income before income taxes			$	616,551					$	657,586					$	477,985					$	57,895					$	—					$	1,810,017
Capital expenditures			$	116,136					$	203,851					$	—					$	34,457					$	—					$	354,444
Depreciation and amortization			$	250,972					$	173,488					$	—					$	37,512					$	—					$	461,972
Total assets as of August 31, 2022			$	4,325,121					$	8,159,191					$	2,641,604					$	3,698,891					$	—					$	18,824,807

			Energy						Ag						Nitrogen Production						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)						(8,358)												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)						(102,236)												(354,529)
Income (loss) before income taxes			$	(10,596)					$	298,096					$	121,035					$	106,785					$	—					$	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					$	3,154,387					$	—					$	17,576,275

			Energy						Ag						Nitrogen Production						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)						8,358						—						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)						(48,699)						—						(186,715)
Income before income taxes			$	225,317					$	53,724					$	51,837					$	56,000					$	—					$	386,878
Capital expenditures			$	175,169					$	158,903					$	—					$	84,287					$	—					$	418,359
Depreciation and amortization			$	245,983					$	196,510					$	—					$	34,882					$	—					$	477,375

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, 2022, 2021 and 2020:

			2022						2021						2020
			(Dollars in thousands)
North America (a)			$	45,039,981					$	36,540,178					$	25,360,077
South America			371,493						242,848						1,559,380
Europe, Middle East and Africa (EMEA)			1,093,974						955,605						774,068
Asia Pacific (APAC)			1,286,218						709,402						712,840
Total			$	47,791,666					$	38,448,033					$	28,406,365

(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:

			2022						2021
			(Dollars in thousands)
United States			$	4,821,483					$	4,944,574
International			70,997						62,072
Total			$	4,892,480					$	5,006,646

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