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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Cash flows from operating activities:    
Net income (loss) $ 235,992 $ 471,228
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 207,302 168,306
Amortization of deferred major repair costs 36,302 20,442
Equity (income) loss from investments (59,366) (48,798)
Distributions from equity investments 54,682 34,761
Noncash patronage dividends received (4,773) (3,999)
Gain on sale of property, plant and equipment (2,462) (1,520)
Gain on investments (8,722) (5,074)
Unrealized (gain) loss on crack spread contingent liability (51,827) 6,153
Impairment of Long-Lived Assets to be Disposed of 8,893 0
Deferred taxes (32,979) 49,723
Other, net 25,191 20,483
Changes in operating assets and liabilities, net of acquisitions:    
Receivables 358,689 438,607
Inventories (338,016) (913,037)
Derivative assets 93,329 (1,479)
Margin deposits 76,397 11,565
Supplier advance payments (457,432) (509,994)
Other current assets and other assets 68,811 33,814
Customer margin deposits and credit balances (42,809) (74,746)
Customer advance payments 368,834 595,106
Accounts payable and accrued expenses 24,729 (629,850)
Derivative liabilities (193,545) (121,696)
Other liabilities (48,137) (42,171)
Net cash provided by (used in) operating activities 319,083 (502,176)
Cash flows from investing activities:    
Acquisition of property, plant and equipment (428,290) (549,930)
Proceeds from disposition of property, plant and equipment 5,107 4,142
Expenditures for Major Repairs (19,090) (7,505)
Payments to Acquire Other Investments 0 (315,000)
Investments in joint ventures and other (2,814,031) (57,418)
Proceeds from sale of investments 21,016 8,284
Changes in notes receivable 4,428 14,363
Business acquisitions, net of cash acquired (10,154) (2,371)
Other investing activities, net (4,068) (1,365)
Net cash provided by (used in) investing activities (3,245,082) (906,800)
Cash flows from financing activities:    
Proceeds from lines of credit and long-term borrowings 11,138,485 4,124,817
Payments on lines of credit, long term-debt and capital lease obligations (8,339,531) (4,090,546)
Mandatorily redeemable noncontrolling interest payments (153,022) (65,981)
Payments on crack spread contingent liability (2,625) 0
Changes in checks and drafts outstanding 6,802 28,715
Preferred stock issued 0 1,010,000
Preferred stock issuance costs 0 (32,602)
Preferred stock dividends paid (80,999) (54,759)
Retirements of equities (10,443) (108,723)
Cash Patronage Dividends Paid (251,535) (275,553)
Other financing activities, net 3,148 20
Net cash provided by (used in) financing activities 2,310,280 535,388
Effect of exchange rate changes on cash and cash equivalents 1,443 2,741
Net increase (decrease) in cash and cash equivalents (614,276) (870,847)
Cash and cash equivalents at beginning of period 953,813 2,133,207
Cash and cash equivalents at end of period $ 339,537 $ 1,262,360