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Equity (Tables) | 12 Months Ended
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Aug. 31, 2023
Equity [Abstract] |
Patronage | The following table presents estimated patronage distributions for the year ending August 31, 2023, and actual patronage distributions for the years ended August 31, 2022, 2021 and 2020:
| 2024 |  | 2023 |  | 2022 |  | 2021
| (Dollars in millions)
Patronage distributed in cash | $ | 365.0 |  |  | $ | 503.1 |  |  | $ | 51.0 |  |  | $ | 30.0 |
Patronage distributed in equity | 875.3 |  |  | 670.9 |  |  | 235.6 |  |  | 214.8 |
Total patronage distributed | $ | 1,240.3 |  |  | $ | 1,174.0 |  |  | $ | 286.6 |  |  | $ | 244.8 |

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