Receivables (Tables)

12 Months Ended

Aug. 31, 2019

Aug. 31, 2018

Receivables as of August 31, 2019 and 2018, are as follows:



	2019		2018
	(Dollars in thousands)
Trade accounts receivable	$	1,803,284	$	1,578,764
CHS Capital short-term notes receivable	592,909		569,379
Other	511,821		534,071
Gross receivables	2,908,014		2,682,214
Less allowances and reserves	176,805		221,813
Total receivables	$	2,731,209	$	2,460,401

Schedule of Deferred Purchase Price [Table Text Block]

During the period from July 2017 through an amendment of the Securitization Facility in June 2018, CHS accounted for Receivables sold under the Securitization Facility as a sale of financial assets pursuant to ASC 860, Transfers and Servicing, and the Receivables sold were derecognized from our Consolidated Balance Sheets. The following table is a reconciliation of the beginning and ending balances of the Deferred Purchase Price ("DPP") receivable, including the long-term portion included in other assets, for the year ended August 31, 2018.



	2018
	(Dollars in thousands)
Balance - beginning of year	$	548,602
Cash collections on DPP receivable	(10,961		)
Transfer of receivables	(386,900		)
Monthly settlements, net	(169,827		)
Fair value adjustment	19,086
Balance - end of year	$	—