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SALES OF ACCOUNTS RECEIVABLE (Activity of the Deferred Purchase Price Receivables) (Tables)
12 Months Ended
Aug. 31, 2016
Transfers and Servicing [Abstract]  
Activity of the deferred purchase price receivables
The following tables summarize the activity of the deferred purchase price receivables for the U.S. and international sale of accounts receivable programs:
(in thousands)
 
Total
 
U.S.
 
Australia*
 
Europe
Balance at September 1, 2013
 
$
453,252

 
$
358,822

 
$
64,996

 
$
29,434

Transfers of accounts receivable
 
4,243,471

 
3,347,103

 
487,583

 
408,785

Collections
 
(4,239,242
)
 
(3,376,128
)
 
(446,196
)
 
(416,918
)
Program termination
 
(72,312
)
 

 
(72,312
)
 

Balance at August 31, 2014
 
$
385,169

 
$
329,797

 
$
34,071

 
$
21,301

Transfers of accounts receivable
 
3,574,283

 
2,944,627

 
298,179

 
331,477

Collections
 
(3,619,905
)
 
(3,004,646
)
 
(314,212
)
 
(301,047
)
Balance at August 31, 2015
 
$
339,547

 
$
269,778

 
$
18,038

 
$
51,731

Transfers of accounts receivable
 
2,389,297

 
1,933,477

 
175,593

 
280,227

Collections
 
(2,439,096
)
 
(1,990,493
)
 
(166,969
)
 
(281,634
)
Balance at August 31, 2016
 
$
289,748

 
$
212,762

 
$
26,662

 
$
50,324

_________________________
* Includes the sale of accounts receivable activities related to discontinued operations and businesses sold. For the years ended August 31, 2016 and 2015, transfers of accounts receivable were $45.8 million and $180.0 million, respectively, and collections were $61.7 million and $209.2 million, respectively.