CREDIT ARRANGEMENTS (Tables)

12 Months Ended

Aug. 31, 2023

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, 2023	Year Ended August 31,
(in thousands)		2023		2022
2023 Notes	4.875%	$	—	$	330,000
2030 Notes	4.125%	300,000		300,000
2031 Notes	3.875%	300,000		300,000
2032 Notes	4.375%	300,000		300,000
Series 2022 Bonds, due 2047	4.000%	145,060		145,060
Poland Term Loan	—	—		32,439
Short-term borrowings	(1)	8,419		26,390
Other	4.547%	16,042		21,278
Finance leases	4.926%	95,470		58,536
Total debt		1,164,991		1,513,703
Less unamortized debt issuance costs		(14,840)		(16,496)
Plus unamortized bond premium		4,646		4,838
Total amounts outstanding		1,154,797		1,502,045
Less current maturities of long-term debt and short-term borrowings		(40,513)		(388,796)
Long-term debt		$	1,114,284	$	1,113,249

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(1) The weighted average interest rate of short-term borrowings was 7.800% and 7.260% as of August 31, 2023 and 2022, respectively.

Scheduled maturities of the Company's long-term debt

The scheduled maturities of the Company's long-term debt, excluding obligations related to finance leases, are included in the table below. See Note 7, Leases, for scheduled maturities of finance leases.

Year Ended August 31,	(in thousands)
2024	$	4,057
2025	1,877
2026	1,789
2027	1,782
2028	1,795
Thereafter	1,049,802
Total long-term debt, excluding finance leases	1,061,102
Less unamortized debt issuance costs	(14,840)
Plus unamortized bond premium	4,646
Total long-term debt outstanding, excluding finance leases	$	1,050,908