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Segment Reporting (Tables)

12 Months Ended

Aug. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Information

Segment information for the years ended August 31, 2024, 2023 and 2022, is presented in the tables below.

			Energy						Ag						Nitrogen Production						Corporate and Other						Reconciling Amounts						Total
Year ended August 31, 2024			(Dollars in thousands)
Revenues, including intersegment revenues			$	9,339,079					$	30,432,758					$	—					$	94,113					$	(604,721)					$	39,261,229
Intersegment revenues			(572,584)						(15,899)						—						(16,238)						604,721						—
Revenues, net of intersegment revenues			$	8,766,495					$	30,416,859					$	—					$	77,875					$	—					$	39,261,229
Operating earnings (loss)			403,854						241,327						(71,530)						10,707						—						584,358
Interest expense			(16,773)						61,982						61,942						22,027						(25,114)						104,064
Other income			(11,283)						(98,142)						(9,176)						(44,143)						25,114						(137,630)
Equity (income) losses from investments			2,857						(65,190)						(275,531)						(141,999)						—						(479,863)
Income before income taxes			$	429,053					$	342,677					$	151,235					$	174,822					$	—					$	1,097,787
Capital expenditures			$	204,151					$	426,291					$	—					$	178,321					$	—					$	808,763
Depreciation and amortization			$	255,795					$	178,400					$	—					$	47,529					$	—					$	481,724
Total assets as of August 31, 2024			$	4,262,974					$	7,279,846					$	2,544,530					$	4,627,725					$	—					$	18,715,075

			Energy						Ag						Nitrogen Production						Corporate and Other						Reconciling Amounts						Total
Year ended August 31, 2023			(Dollars in thousands)
Revenues, including intersegment revenues			$	10,761,503					$	35,456,969					$	—					$	82,107					$	(710,575)					$	45,590,004
Intersegment revenues			(664,590)						(31,765)						—						(14,220)						710,575						—
Revenues, net of intersegment revenues			$	10,096,913					$	35,425,204					$	—					$	67,887					$	—					$	45,590,004
Operating earnings (loss)			1,071,492						346,137						(73,828)						(301)						—						1,343,500
Interest expense			7,672						71,115						60,090						31,487						(32,922)						137,442
Other income			(19,456)						(88,061)						—						(37,536)						32,922						(112,131)
Equity (income) losses from investments			7,833						(48,725)						(394,678)						(254,020)						—						(689,590)
Income before income taxes			$	1,075,443					$	411,808					$	260,760					$	259,768					$	—					$	2,007,779
Capital expenditures			$	204,003					$	308,690					$	—					$	51,829					$	—					$	564,522
Depreciation and amortization			$	254,115					$	166,982					$	—					$	43,518					$	—					$	464,615
Total assets as of August 31, 2023			$	4,313,240					$	7,095,283					$	2,577,391					$	4,971,504					$	—					$	18,957,418

			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

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, 2024, 2023 and 2022:

			2024						2023						2022
			(Dollars in thousands)
North America (a)			$	36,876,847					$	43,376,177					$	45,039,981
South America			515,177						378,021						371,493
Europe, Middle East and Africa (EMEA)			693,454						930,052						1,093,974
Asia Pacific (APAC)			1,175,751						905,754						1,286,218
Total			$	39,261,229					$	45,590,004					$	47,791,666

(a) Revenues in North America are substantially all attributed to revenues from the United States.

Tangible long-lived assets include our property, plant and equipment, finance lease assets and capitalized major maintenance costs. The following table presents tangible long-lived assets by geographical region based on physical location:

			2024						2023
			(Dollars in thousands)
United States			$	5,330,168					$	5,088,366
International			70,306						70,384
Total			$	5,400,474					$	5,158,750

Schedule of Long-lived Assets by Geographical Region

The following table presents tangible long-lived assets by geographical region based on physical location:

			2024						2023
			(Dollars in thousands)
United States			$	5,330,168					$	5,088,366
International			70,306						70,384
Total			$	5,400,474					$	5,158,750

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