XML 40 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Equities (Tables)
 9 Months Ended
May 31, 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 nine months ended May 31, 2017, and 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
)
 
1,627

 
1,184

 
(12,208
)
 
(9,706
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
10,908

 
—

 
809

 
15

 
11,732

Net other comprehensive income (loss), net of tax
10,599

 
1,627

 
1,993

 
(12,193
)
 
2,026

Balance as of May 31, 2017
$
(154,547
)
 
$
7,283

 
$
(7,203
)
 
$
(55,233
)
 
$
(209,700
)

 
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
135

 
462

 
(6,805
)
 
(6,380
)
 
(12,588
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
9,671

 
—

 
2,860

 
470

 
13,001

Net other comprehensive income (loss), net of tax
9,806

 
462

 
(3,945
)
 
(5,910
)
 
413

Balance as of May 31, 2016
$
(161,923
)
 
$
4,618

 
$
(9,269
)
 
$
(47,220
)
 
$
(213,794
)
Schedule of Stockholders Equity
Changes in equities for the nine months ended May 31, 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 patronage and redemption estimates
(121,892
)
 
—

 
—

 
—

 
—

 
278,968

 
—

 
157,076

Distribution of 2016 patronage refunds
153,589

 
—

 
—

 
—

 
—

 
(257,468
)
 
—

 
(103,879
)
Redemptions of equities
(43,949
)
 
(154
)
 
(1,386
)
 
—

 
—

 
—

 
—

 
(45,489
)
Equities issued, net
3,176

 
—

 
—

 
19,986

 
—

 
—

 
—

 
23,162

Preferred stock dividends
—

 
—

 
—

 
—

 
—

 
(139,760
)
 
—

 
(139,760
)
Other, net
(7,560
)
 
7,300

 
(391
)
 
(55
)
 
—

 
3,046

 
(1,066
)
 
1,274

Net income
—

 
—

 
—

 
—

 
—

 
178,532

 
(757
)
 
177,775

Other comprehensive income (loss), net of tax
—

 
—

 
—

 
—

 
2,026

 
—

 
—

 
2,026

Estimated 2017 cash patronage refunds
—

 
—

 
—

 
—

 
—

 
(68,229
)
 
—

 
(68,229
)
Estimated 2017 equity redemptions
(11,250
)
 
—

 
—

 
—

 
—

 
—

 
—

 
(11,250
)
Balance, May 31, 2017
$
3,904,627

 
$
30,040

 
$
279,990

 
$
2,264,063

 
$
(209,700
)
 
$
1,577,469

 
$
12,467

 
$
7,858,956