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Notes Payable and Long-Term Debt
3 Months Ended
Nov. 30, 2012
Debt Disclosure [Abstract]  
Notes Payable and Long-Term Debt
Notes Payable and Long-Term Debt

 
 
 
 
 
 
 
November 30,
2012
 
August 31,
2012
 
November 30,
2011
 
 
 
 
Notes payable
$
274,960

 
$
269,783

 
$
124,498

CHS Capital notes payable
601,886

 
533,839

 
521,017

 
$
876,846

 
$
803,622

 
$
645,515


On November 30, 2012, we had two primary committed lines of credit. We had a three-year revolving facility and a five-year revolving facility, each with committed amounts of $1.25 billion, for a total of $2.5 billion. We had no amounts outstanding as of November 30, 2012, August 31, 2012 and November 30, 2011.

Interest, net for the three months ended November 30, 2012 and 2011 is as follows:
 
For the Three Months Ended November 30.
 
2012
 
2011
Interest expense
$
24,436

 
$
23,307

Interest-purchase of NCRA noncontrolling interests
46,696

 
 
Capitalized interest
(2,902
)
 
(1,806
)
Interest income
(1,020
)
 
(694
)
Interest, net
$
67,210

 
$
20,807