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CREDIT ARRANGEMENTS (Tables)
12 Months Ended
Aug. 31, 2019
Debt Disclosure [Abstract]  
Long-term debt, including the deferred gain from the termination of the interest rate swaps
Long-term debt was as follows: 
 
 
Weighted Average
Interest Rate as of August 31, 2019
 
Year Ended August 31,
(in thousands)
 
 
2019
 
2018
2027 Notes
 
5.375%
 
$
300,000

 
$
300,000

2026 Notes
 
5.750%
 
350,000

 
350,000

2023 Notes
 
4.875%
 
330,000

 
330,000

Term Loan
 
4.111%
 
210,125

 
142,500

Short-term borrowings
 
*
 
3,929

 

Other, including equipment notes
 
 
 
60,867

 
47,629

Total debt
 
 
 
1,254,921

 
1,170,129

Less debt issuance costs
 
 
 
10,268

 
11,764

Total amounts outstanding
 
 
 
1,244,653

 
1,158,365

Less current maturities
 
 
 
13,510

 
19,746

Less short-term borrowings
 
 
 
3,929

 

Current maturities of long-term debt and short-term borrowings
 
 
 
17,439

 
19,746

Long-term debt
 
 
 
$
1,227,214

 
$
1,138,619


 _________________ 
* As of August 31, 2019, the weighted average interest rates associated with the U.S. Program and Poland Program were 3.461% and 2.410%, respectively.
Scheduled maturities of the Company's long-term debt
The scheduled maturities of the Company's long-term debt are as follows:
Year Ended August 31,
 
(in thousands)
2020
 
$
17,439

2021
 
10,827

2022
 
219,049

2023
 
337,264

2024
 
7,717

Thereafter
 
662,625

Total long-term debt
 
1,254,921

Less debt issuance costs
 
10,268

Total long-term debt outstanding
 
$
1,244,653