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Equities (Tables)
6 Months Ended
Feb. 28, 2017
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in accumulated other comprehensive income (loss) by component, net of tax, are as follows for the six months ended February 28, 2017, and February 29, 2016:
 
Pension and Other Postretirement Benefits
 
Unrealized Net Gain on Available for Sale Investments
 
Cash Flow Hedges
 
Foreign Currency Translation Adjustment
 
Total
 
(Dollars in thousands)
Balance as of August 31, 2016
$
(165,146
)
 
$
5,656

 
$
(9,196
)
 
$
(43,040
)
 
$
(211,726
)
Current period other comprehensive income (loss), net of tax
(309
)
 
1,744

 
1,077

 
(10,056
)
 
(7,544
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
7,272

 

 
541

 
15

 
7,828

Net other comprehensive income (loss), net of tax
6,963

 
1,744

 
1,618

 
(10,041
)
 
284

Balance as of February 28, 2017
$
(158,183
)
 
$
7,400

 
$
(7,578
)
 
$
(53,081
)
 
$
(211,442
)

 
Pension and Other Postretirement Benefits
 
Unrealized Net Gain on Available for Sale Investments
 
Cash Flow Hedges
 
Foreign Currency Translation Adjustment
 
Total
 
(Dollars in thousands)
Balance as of August 31, 2015
$
(171,729
)
 
$
4,156

 
$
(5,324
)
 
$
(41,310
)
 
$
(214,207
)
Current period other comprehensive income (loss), net of tax
12,877

 
(739
)
 
(6,233
)
 
(13,670
)
 
(7,765
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
(6,448
)
 

 
(287
)
 

 
(6,735
)
Net other comprehensive income (loss), net of tax
6,429

 
(739
)
 
(6,520
)
 
(13,670
)
 
(14,500
)
Balance as of February 29, 2016
$
(165,300
)
 
$
3,417

 
$
(11,844
)
 
$
(54,980
)
 
$
(228,707
)
Schedule of Stockholders Equity
Changes in equities for the six months ended February 28, 2017, are as follows:
 
Equity Certificates
 
 
 
Accumulated
Other
Comprehensive
Loss
 
 
 
 
 
 
 
Capital
Equity
Certificates
 
Nonpatronage
Equity
Certificates
 
Nonqualified Equity Certificates
 
Preferred
Stock
 
 
Capital
Reserves
 
Noncontrolling
Interests
 
Total
Equities
 
(Dollars in thousands)
Balance, August 31, 2016
$
3,932,513

 
$
22,894

 
$
281,767

 
$
2,244,132

 
$
(211,726
)
 
$
1,582,380

 
$
14,290

 
$
7,866,250

Reversal of prior year redemption estimate
(153,711
)
 

 

 

 

 
278,968

 

 
125,257

Distribution of 2016 patronage refunds
153,589

 

 

 

 

 
(257,468
)
 

 
(103,879
)
Redemptions of equities
(12,792
)
 
(82
)
 
(796
)
 

 

 

 

 
(13,670
)
Equities issued, net
3,123

 

 

 

 

 

 

 
3,123

Preferred stock dividends

 

 

 

 

 
(55,767
)
 

 
(55,767
)
Other, net
(105
)
 
(64
)
 
(26
)
 
(18
)
 

 
3,936

 
(1,153
)
 
2,570

Net income

 

 

 

 

 
223,717

 
198

 
223,915

Other comprehensive income (loss), net of tax

 

 

 

 
284

 

 

 
284

Estimated 2017 cash patronage refunds

 

 

 

 

 
(61,982
)
 

 
(61,982
)
Estimated 2017 equity redemptions
(24,507
)
 

 

 

 

 

 

 
(24,507
)
Balance, February 28, 2017
$
3,898,110

 
$
22,748

 
$
280,945

 
$
2,244,114

 
$
(211,442
)
 
$
1,713,784

 
$
13,335

 
$
7,961,594