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Equities
 3 Months Ended
Nov. 30, 2013
Equity [Abstract]  
Equities
Equities

In September 2013, we issued 11,319,175 shares of Class B Cumulative Redeemable Preferred Stock (Class B Preferred Stock), with a total redemption value of $283.0 million, excluding accumulated dividends. Net proceeds from the sale of our Class B Preferred Stock, after deducting the underwriting discount and offering expenses payable by us, were $273.7 million.  The Class B Preferred Stock is listed on the NASDAQ under the symbol CHSCO and accumulates dividends at a rate of 7.875% per year, which are payable quarterly. Our Class B Preferred Stock may not be redeemed at our option until September 26, 2023.

Changes in equities are as follows:
 
For the three months ended November 30,
 
2013
 
2012
 
(Dollars in thousands)
CHS Inc. balances, September 1, 2013 and 2012
$
5,131,208

 
$
4,455,341

Net income attributable to CHS Inc.
242,186

 
343,707

Other comprehensive income (loss)(a)
(434
)
 
245

Equities retired
(2,520
)
 
(2,378
)
Equity retirements accrued
2,520

 
2,378

Equities issued in business combinations
45

 
14,240

Preferred stock issuance, net of expenses
273,724

 
 
Preferred stock dividends accrued
(10,160
)
 
(6,136
)
Deconsolidation of subsidiary
(8,016
)
 
 
Accrued dividends and equities payable
(87,000
)
 
(147,091
)
Other, net
642

 
3,431

CHS Inc. balances, November 30, 2013 and 2012
$
5,542,195

 
$
4,663,737

 
 
 
 
Noncontrolling interests balances, September 1, 2013 and 2012
$
21,539

 
$
17,982

Net income attributable to noncontrolling interests
842

 
2,174

Distributions to noncontrolling interests
(4,779
)
 

Other
637

 
1,146

Noncontrolling interests balances, November 30, 2013 and 2012
$
18,239

 
$
21,302


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(a) Includes current-period other comprehensive income (loss) as well as current-period reclassifications out of accumulated other comprehensive income (loss) ("AOCI") into net income. There were no items reclassified out of AOCI in their entirety during the periods presented. Other reclassifications out of AOCI consisted primarily of the amortization of defined benefit pension items (see Note 7, Benefit Plans for details on the computation of net periodic pension cost).