CREDIT ARRANGEMENTS (Tables)

3 Months Ended

Nov. 30, 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: 

(in thousands)	Weighted Average Interest Rate as of November 30, 2023	November 30, 2023		August 31, 2023
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
Short-term borrowings	(1)	—		8,419
Other	4.547%	15,859		16,042
Finance leases	5.037%	103,350		95,470
Total debt		1,164,269		1,164,991
Less unamortized debt issuance costs		(14,397)		(14,840)
Plus unamortized bond premium		4,598		4,646
Total amounts outstanding		1,154,470		1,154,797
Less current maturities of long-term debt and short-term borrowings		(33,998)		(40,513)
Long-term debt		$	1,120,472	$	1,114,284

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