CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Current assets:
Cash and cash equivalents	$ 517,544	$ 485,323
Accounts receivable (less allowance for doubtful accounts of $6,427 and $9,033)	765,784	900,619
Inventories, net	652,754	880,484
Other current assets	112,043	93,643
Current deferred tax assets	0	3,310
Assets of businesses held for sale	0	17,008
Total current assets	2,048,125	2,380,387
Property, plant and equipment:
Land	70,291	75,086
Buildings and improvements	487,305	489,500
Equipment	1,655,909	1,670,755
Construction in process	111,156	59,241
Property, plant and equipment, Gross	2,324,661	2,294,582
Less accumulated depreciation and amortization	(1,429,612)	(1,410,932)
Property, plant and equipment, Net	895,049	883,650
Goodwill	66,373	66,383
Other assets	121,322	109,531
Total assets	3,130,869	3,439,951
Current liabilities:
Accounts payable-trade	243,532	260,984
Accounts payable-documentary letters of credit	5	41,473
Accrued expenses and other payables	264,112	290,677
Current maturities of long-term debt	313,469	10,110
Notes payable	0	20,090
Liabilities of businesses held for sale	0	5,276
Total current liabilities	821,118	628,610
Deferred income taxes	63,021	55,803
Other long-term liabilities	121,351	101,919
Long-term debt	757,948	1,272,245
Total liabilities	1,763,438	2,058,577
Commitments and contingencies (Note 19)
Stockholders' equity:
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 114,635,596 and 115,635,338 shares	1,290	1,290
Additional paid-in capital	358,745	365,863
Accumulated other comprehensive loss	(112,914)	(113,535)
Retained earnings	1,372,988	1,373,568
Less treasury stock, 14,425,068 and 13,425,326 shares at cost	(252,837)	(245,961)
Stockholders' equity attributable to CMC	1,367,272	1,381,225
Stockholders' equity attributable to noncontrolling interests	159	149
Total equity	1,367,431	1,381,374
Total liabilities and stockholders' equity	$ 3,130,869	$ 3,439,951