Investments (Tables)

12 Months Ended

Aug. 31, 2020

Investments [Abstract]

Summary of investments

Investments as of August 31, 2020 and 2019, are as follows:

	2020		2019
	(Dollars in thousands)
Equity method investments:
CF Industries Nitrogen, LLC	$	2,662,618	$	2,708,942
Ventura Foods, LLC	381,351		374,516
Ardent Mills, LLC	208,927		209,027
Other equity method investments	253,182		267,247
Other investments	123,955		124,264
Total investments	$	3,630,033	$	3,683,996

Summarized financial information of equity method investments

The following tables provide aggregate summarized financial information for CF Nitrogen for the balance sheets as of August 31, 2020 and 2019, and the statements of operations for the 12 months ended August 31, 2020, 2019 and 2018:

	2020		2019
	(Dollars in thousands)
Current assets	$	552,127	$	590,057
Noncurrent assets	6,564,086		7,028,766
Current liabilities	222,391		228,324
Noncurrent liabilities	3,036		2,455

	2020		2019		2018
	(Dollars in thousands)
Net sales	$	2,522,827	$	2,894,795	$	2,449,695
Gross profit	570,901		737,168		423,612
Net earnings	529,462		706,291		401,295
Earnings attributable to CHS Inc.	127,954		160,373		106,895

The following tables provide aggregate summarized financial information for our equity method investments in Ventura Foods and Ardent Mills for balance sheets as of August 31, 2020 and 2019, and statements of operations for the 12 months ended August 31, 2020, 2019 and 2018:

	2020		2019
	(Dollars in thousands)
Current assets	$	1,548,930	$	1,469,003
Noncurrent assets	2,461,886		2,327,217
Current liabilities	628,440		535,579
Noncurrent liabilities	895,620		790,401

	2020		2019		2018
	(Dollars in thousands)
Net sales	$	5,440,143	$	5,752,368	$	5,882,035
Gross profit	584,352		565,784		601,927
Net earnings	181,049		248,303		226,776
Earnings attributable to CHS Inc.	48,927		69,157		46,069