XML 17 R6.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2022
Feb. 28, 2021
Cash flows from (used by) operating activities:        
Net earnings $ 383,314 $ 66,357 $ 616,203 $ 130,450
Adjustments to reconcile net earnings to cash flows from (used by) operating activities:        
Depreciation and amortization     82,360 83,372
Stock-based compensation 16,251   25,870 21,758
Deferred income taxes and other long-term taxes     34,980 (8,129)
Loss on debt extinguishment (16,052) (16,841) (16,052) (16,841)
Asset impairments     1,228 4,068
Other     835 (105)
Amortization of acquired unfavorable contract backlog 0 (1,509) 0 (3,032)
Net gain on disposals of assets and other (273,099) (5,412) (274,082) (5,481)
Changes in operating assets and liabilities     (449,078) (238,539)
Net cash flows from operating activities     54,368 1,203
Cash flows from (used by) investing activities:        
Proceeds from the sale of property, plant and equipment and other     309,563 20,338
Capital expenditures     (191,562) (87,688)
Proceeds from insurance     3,081 0
Net cash flows from (used by) investing activities     121,082 (67,350)
Cash flows from (used by) financing activities:        
Proceeds from issuance of long-term debt, net     740,403 296,250
Repayments of long-term debt     (313,174) (357,792)
Debt extinguishment costs     (13,642) (13,051)
Debt issuance costs     (2,977) (1,124)
Proceeds from accounts receivable facilities     190,730 8,848
Repayments under accounts receivable facilities     (215,196) (8,848)
Dividends     (34,011) (28,833)
Treasury stock acquired     (17,010) 0
Stock issued under incentive and purchase plans, net of forfeitures     (10,719) (4,536)
Contribution from non-controlling interest   19 0 19
Net cash flows from (used by) financing activities     324,404 (109,067)
Effect of exchange rate changes on cash     (1,283) (419)
Increase (decrease) in cash, restricted cash and cash equivalents     498,571 (175,633)
Cash, restricted cash and cash equivalents at beginning of period 999,700 369,331 999,700 369,331
Cash, restricted cash and cash equivalents at end of period $ 999,700 $ 369,331 $ 999,700 $ 369,331