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CREDIT ARRANGEMENTS (Narrative) (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Aug. 31, 2014
Aug. 31, 2013
Aug. 31, 2012
Aug. 31, 2014
CMCP
Aug. 31, 2014
Revolving credit agreement
Aug. 31, 2014
Stand-by letters of credit
Aug. 31, 2014
$330 million notes at 4.875% due May 2023
Aug. 31, 2013
$330 million notes at 4.875% due May 2023
Aug. 31, 2014
Change of control triggering event
Aug. 31, 2013
$200 million notes at 5.625% due November 2013
May 31, 2013
$200 million notes at 5.625% due November 2013
Aug. 31, 2014
$500 million notes at 7.35% due August 2018
Aug. 31, 2013
$500 million notes at 7.35% due August 2018
Aug. 31, 2014
$400 million notes at 6.50% due July 2017
Aug. 31, 2013
$400 million notes at 6.50% due July 2017
Debt Instrument [Line Items]                              
Revolving credit facility current borrowing capacity       $ 64,000,000 $ 350,000,000 $ 50,000,000                  
Revolving credit facility, maturity date         Jun. 26, 2019                    
Revolving credit facility expired borrowing capacity         300,000,000                    
Revolving credit facility, maximum borrowing capacity         500,000,000                    
Stand by letters of credit outstanding amount           28,100,000                  
Minimum interest coverage ratio         250.00%                    
Maximum debt to capitalization ratio         60.00%                    
Minimum liquidity required         150,000,000                    
Actual interest coverage ratio         494.00%                    
Actual debt to capitalization ratio         48.00%                    
Debt instrument, issuance date         Jun. 26, 2014   May 20, 2013         Aug. 04, 2008   Jul. 17, 2007  
Debt instrument, face amount             330,000,000       200,000,000 500,000,000 500,000,000 400,000,000 400,000,000
Debt instrument, interest rate, stated percentage             4.875%       5.625% 7.35% 7.35% 6.50% 6.50%
Debt instrument, maturity date             May 15, 2023         Aug. 15, 2018   Jul. 15, 2017  
proceeds from debt, net of underwriting discounts and issuance costs               325,000,000              
Debt extinguishment total cash outflow                   205,300,000          
Redemption purchase price to principal amount, percentage             100.00%   101.00%            
Loss on debt extinguishment 0 4,758,000 0                        
Effective interest rate                       6.40%   5.74%  
Net proceeds from termination of interest rate swaps 0 0 52,733,000                        
Deferred gain of interest rate swaps 26,800,000 34,400,000                          
Amortization of interest rate swaps termination gain 7,597,000 12,470,000 5,815,000                        
Annual total borrowing       111,700,000                      
Annual total payments       111,700,000                      
Interest costs capitalized   1,000,000 1,300,000                        
Interest paid $ 85,600,000 $ 82,500,000 $ 74,100,000