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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2023
May 31, 2022
May 31, 2021
May 31, 2023
May 31, 2022
Aug. 31, 2022
Aug. 31, 2021
Cash flows from (used by) operating activities:              
Net earnings $ 233,971 $ 312,429   $ 675,594 $ 928,632    
Adjustments to reconcile net earnings to cash flows from operating activities:              
Depreciation and amortization       157,528 125,943    
Stock-based compensation 10,376   $ 11,986 44,000 37,856    
Deferred income taxes and other long-term taxes       34,815 64,241    
Write-down of inventory 3,400     8,931 266    
Loss (gain) on sales of assets (788) 2,024   (1,175) 276,106    
Loss on debt extinguishment       178 16,052    
Asset impairments       46 4,473    
Other       4,780 1,183    
Settlement of New Markets Tax Credit transaction       (17,659) 0    
Changes in operating assets and liabilities, net of acquisitions       25,291 (660,793)    
Net cash flows from operating activities       934,679 241,747    
Cash flows from (used by) investing activities:              
Capital expenditures       (439,742) (294,346)    
Acquisitions, net of cash acquired       (167,069) (552,449)    
Proceeds from insurance       2,456 3,081    
Proceeds from the sale of property, plant and equipment and other       776 314,971    
Other       (1,583) 0    
Net cash flows used by investing activities       (605,162) (528,743)    
Cash flows from (used by) financing activities:              
Proceeds from issuance of long-term debt, net       0 740,403    
Repayments of long-term debt       (380,700) (319,706)    
Debt issuance costs       (1,800) (3,064)    
Debt extinguishment costs       (96) (13,642)    
Repayments under accounts receivable facilities       (244,105) (290,666)    
Proceeds from accounts receivable facilities       242,408 327,665    
Treasury stock acquired       (82,839) (55,597)    
Tax withholdings related to share settlements, net of purchase plans       (13,665) (10,132)    
Dividends       (56,257) (51,003)    
Contribution from non-controlling interest       9 0    
Net cash flows from (used by) financing activities       (537,045) 324,258    
Effect of exchange rate changes on cash       6,970 (1,862)    
Increase (decrease) in cash, restricted cash and cash equivalents       (200,558) 35,400    
Cash, restricted cash and cash equivalents at beginning of period 478,685 536,529   478,685 536,529 $ 679,243 $ 501,129
Cash, restricted cash and cash equivalents at end of period $ 478,685 $ 536,529   $ 478,685 $ 536,529