Property, Plant and Equipment (Tables)

12 Months Ended

Aug. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

s of August 31, 2016 and 2015, major classes of property, plant and equipment, which include capital lease assets, consisted of the amounts in the table below.

	2016		2015
	(Dollars in thousands)
Land and land improvements	$	266,016	$	233,666
Buildings	1,040,943		838,386
Machinery and equipment	6,747,865		5,563,370
Office and other	250,879		163,026
Construction in progress	523,817		1,337,633
	8,829,520		8,136,081
Less accumulated depreciation and amortization	3,341,197		2,943,154
Total property, plant and equipment	$	5,488,323	$	5,192,927

Schedule of Future Minimum Lease Payments for Capital Leases

The following is a schedule by fiscal years of future minimum lease payments under capital leases together with the present value of the net minimum lease payments as of August 31, 2016:

	(Dollars in thousands)
2017	$	38,357
2018	28,064
2019	16,542
2020	8,285
2021	7,095
Thereafter	16,395
Total minimum future lease payments	114,738
Less amount representing interest	9,030
Present value of net minimum lease payments	$	105,708