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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2016
Cash flows from operating activities:      
Net income (loss) $ 775,306 $ 70,958 $ 383,026
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 478,050 480,223 447,492
Amortization of deferred major repair costs 61,686 67,058 73,483
Equity (income) loss from investments (153,515) (137,338) (175,777)
Distributions from equity investments 190,297 213,352 178,464
Provision for doubtful accounts 2,085 177,969 57,200
(Gain) loss on disposal of business (131,816) 2,190 0
Unrealized (gain) loss on crack spread contingent liability 0 (15,051) (60,931)
Long-lived asset impairment, net of recoveries (10,352) 145,042 27,247
Reserve against supplier advance payments 0 130,705 0
Deferred taxes (146,961) (194,467) 28,190
Other, net 6,653 20,173 (15,444)
Changes in operating assets and liabilities, net of acquisitions:      
Receivables 210,775 146,788 1,570
Inventories (169,581) (333,479) 353,572
Derivative assets (102,368) 114,023 29,822
Margin and related deposits 54,912 97,804 (30,705)
Supplier advance payments (39,189) (33,952) 43,415
Other current assets and other assets (13,450) (50,729) 128,603
Customer margin deposits and credit balances (20,518) (50,920) 20,841
Customer advance payments (14,682) (1,329) (7,079)
Accounts payable and accrued expenses (78,388) 227,967 (129,587)
Derivative liabilities 132,495 (132,423) 1,443
Other liabilities 40,629 (25,446) (94,291)
Net cash provided by (used in) operating activities 1,072,068 919,118 1,260,554
Cash flows from investing activities:      
Acquisition of property, plant and equipment (355,412) (444,397) (692,780)
Proceeds from disposition of property, plant and equipment 91,153 19,541 13,417
Proceeds from sale of business 234,914 0 0
Expenditures for major repairs (80,514) (2,340) (19,610)
Investments in joint ventures and other (21,679) (16,645) (2,855,218)
Changes in CHS Capital notes receivable, net 25,335 322 (209,902)
Financing extended to customers (74,402) (67,225) (82,302)
Payments from customer financing 52,453 88,154 35,188
Other investing activities, net 48,628 17,549 64,236
Net cash provided by (used in) investing activities (79,524) (405,041) (3,746,971)
Cash flows from financing activities:      
Proceeds from lines of credit and long-term borrowings 36,040,240 37,295,236 31,586,968
Payments on lines of credit, long-term borrowings and capital lease obligations (36,525,136) (37,584,011) (29,232,842)
Mandatorily redeemable noncontrolling interest payments 0 0 (153,022)
Preferred stock dividends paid (168,668) (167,642) (163,324)
Redemptions of equities (8,847) (35,268) (23,911)
Cash patronage dividends paid 0 (103,879) (251,740)
Other financing activities, net (69,759) (22,694) 52,067
Net cash provided by (used in) financing activities (732,170) (618,258) 1,814,196
Effect of exchange rate changes on cash and cash equivalents 8,864 (4,713) (5,223)
Net increase (decrease) in cash and cash equivalents 269,238 (108,894) (677,444)
Cash and cash equivalents at beginning of period 181,379 290,273 967,717
Cash and cash equivalents at end of period $ 450,617 $ 181,379 $ 290,273