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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
May 31, 2020
Aug. 31, 2019
Current assets:    
Cash and cash equivalents $ 462,110 $ 192,461
Accounts receivable (less allowance for doubtful accounts of $8,661 and $8,403) 880,602 1,016,088
Inventories, net 644,887 692,368
Other current assets 157,390 179,088
Total current assets 2,144,989 2,080,005
Property, plant and equipment, net 1,513,469 1,500,971
Goodwill 64,126 64,138
Other noncurrent assets 232,303 113,657
Total assets 3,954,887 3,758,771
Current liabilities:    
Accounts payable 230,280 288,005
Accrued expenses and other payables 363,066 353,786
Acquired unfavorable contract backlog 16,726 35,360
Current maturities of long-term debt and short-term borrowings 17,271 17,439
Total current liabilities 627,343 694,590
Deferred income taxes 129,571 79,290
Other noncurrent liabilities 243,511 133,620
Long-term debt 1,153,800 1,227,214
Total liabilities 2,154,225 2,134,714
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock 1,290 1,290
Additional paid-in capital 356,846 358,668
Accumulated other comprehensive loss (134,657) (124,126)
Retained earnings 1,754,491 1,585,379
Less treasury stock 9,995,531 and 11,135,726 shares at cost (177,520) (197,350)
Stockholders' equity 1,800,450 1,623,861
Stockholders' equity attributable to noncontrolling interests 212 196
Total stockholders' equity 1,800,662 1,624,057
Total liabilities and stockholders' equity $ 3,954,887 $ 3,758,771
Common stock, par value (in USD per share) $ 0.01 $ 0.01