XML 71 R36.htm IDEA: XBRL DOCUMENT
v3.24.3

Other Assets (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2024
Other Assets [Abstract] |
Schedule of Other Assets | Other assets as of August 31, 2024 and 2023, are as follows:
| 2024 |  | 2023
| (Dollars in thousands)
Goodwill | $ | 179,976 |  |  | $ | 179,976 |
Customer lists, trademarks and other intangible assets | 42,105 |  |  | 46,980 |
Notes receivable (Note 3) | 94,325 |  |  | 76,919 |
Long-term derivative assets (Note 15) | 2,853 |  |  | 1,119 |
Prepaid pension and other benefits (Note 13) | 75,935 |  |  | 78,819 |
Capitalized major maintenance | 223,119 |  |  | 289,377 |
Cash value life insurance | 152,772 |  |  | 134,126 |
Operating lease right of use assets (Note 19) | 218,844 |  |  | 254,844 |
Other | 58,041 |  |  | 68,364 |
Total other assets | $ | 1,047,970 |  |  | $ | 1,130,524 |
Schedule of Intangible Assets included in Other Assets | Information regarding intangible assets is as follows:
| August 31, 2024 |  | August 31, 2023
| Carrying Amount |  | Accumulated Amortization |  | Net |  | Carrying Amount |  | Accumulated Amortization |  | Net
| (Dollars in thousands)
Customer lists | $ | 86,389 |  |  | $ | (46,480) |  |  | $ | 39,909 |  |  | $ | 85,341 |  |  | $ | (41,374) |  |  | $ | 43,967 |
Trademarks and other intangible assets | 11,051 |  |  | (8,855) |  |  | 2,196 |  |  | 11,332 |  |  | (8,319) |  |  | 3,013 |
Total intangible assets | $ | 97,440 |  |  | $ | (55,335) |  |  | $ | 42,105 |  |  | $ | 96,673 |  |  | $ | (49,693) |  |  | $ | 46,980 |
Estimated Amortization Expense Related to Intangible Assets Subject to Amortization | The estimated annual amortization expense related to intangible assets subject to amortization for future years is as follows:
| (Dollars in thousands)
2025 | $ | 6,694 |
2026 | 6,513 |
2027 | 6,458 |
2028 | 6,341 |
2029 | 4,706 |
Thereafter | 11,393 |
Total | $ | 42,105 |
Activity Related to Capitalized Major Maintenance Costs at Refineries | Activity related to capitalized major maintenance costs at our refineries for the years ended August 31, 2024, 2023 and 2022, is summarized below:
| Balance at Beginning of Year |  | Cost Deferred |  | Amortization |  |  |  | Balance at End of Year
| (Dollars in thousands)
2024 | $ | 289,377 |  |  | $ | 21,909 |  |  | $ | (88,167) |  |  |  |  | $ | 223,119 |
2023 | 147,521 |  |  | 216,762 |  |  | (74,906) |  |  |  |  | 289,377 |
2022 | 196,641 |  |  | 25,401 |  |  | (74,521) |  |  |  |  | 147,521 |

X
- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OtherAssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration