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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:
20242023
 (Dollars in thousands)
Goodwill$179,976 $179,976 
Customer lists, trademarks and other intangible assets42,105 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 maintenance223,119 289,377 
Cash value life insurance152,772 134,126 
Operating lease right of use assets (Note 19)218,844 254,844 
Other58,041 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, 2024August 31, 2023
Carrying AmountAccumulated AmortizationNetCarrying AmountAccumulated AmortizationNet
(Dollars in thousands)
Customer lists$86,389 $(46,480)$39,909 $85,341 $(41,374)$43,967 
Trademarks and other intangible assets11,051 (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 
20266,513 
20276,458 
20286,341 
20294,706 
Thereafter11,393 
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
AmortizationBalance at
End of Year
 (Dollars in thousands)
2024$289,377 $21,909 $(88,167)$223,119 
2023147,521 216,762 (74,906)289,377 
2022196,641 25,401 (74,521)147,521