XML 34 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Nov. 30, 2012
Nov. 30, 2011
Cash flows from operating activities:    
Net income $ 345,881 $ 488,882
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 57,461 51,645
Amortization of deferred major repair costs 7,390 7,878
Income from equity investments (28,072) (24,129)
Distributions from equity investments 29,647 40,961
Noncash patronage dividends received (968) (108)
Gain on sale of property, plant and equipment (700) (915)
Loss (gain) on investments    (38)
Loss on crack spread contingent liability 43,105   
Deferred taxes 902 972
Other, net 1,230 179
Changes in operating assets and liabilities, net of acquisitions:    
Receivables 115,002 238,487
Inventories (422,653) (227,824)
Derivative assets 469,507 233,885
Margin deposits 608,169 810,149
Other current assets and other assets (287,837) (53,858)
Customer margin deposits and credit balances (413,003) (447,450)
Customer advance payments 73,550 (45,000)
Accounts payable and accrued expenses 705,760 249,411
Derivative liabilities (238,789) (181,216)
Other liabilities 20,820 15,561
Net cash provided by operating activities 1,086,402 1,157,472
Cash flows from investing activities:    
Acquisition of property, plant and equipment (138,083) (98,901)
Proceeds from disposition of property, plant and equipment 1,190 1,497
Expenditures for major repairs (3,852) (16,570)
Investments in joint ventures and other (7,718) (3,220)
Investments redeemed 19 49
Changes in notes receivable (74,220) 31,506
Business acquisitions, net of cash acquired (8,074) (32,346)
Other investing activities, net (87) 1,404
Net cash used in investing activities (230,825) (116,581)
Cash flows from financing activities:    
Changes in notes payable 73,224 (70,753)
Principal payments (46,481) (39,157)
Mandatorily redeemable noncontrolling interest payments (65,981)   
Payments for bank fees    (12,390)
Changes in checks and drafts outstanding 36,518 (41,626)
Distributions to noncontrolling interests    (5,779)
Preferred stock dividends paid (6,136) (6,136)
Retirements Of Equities (2,378) (2,447)
Other financing activities, net 1,114 (2)
Net cash (used in) provided by financing activities (10,120) (178,290)
Effect of exchange rate changes on cash and cash equivalents 115 (4,725)
Net (decrease) increase in cash and cash equivalents 845,572 857,876
Cash and cash equivalents at beginning of period 314,029 937,685
Cash and cash equivalents at end of period $ 1,159,601 $ 1,795,561