Equities (Tables)

6 Months Ended

Feb. 28, 2023

Class of Stock [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

	Pension and Other Postretirement Benefits		Cash Flow Hedges		Foreign Currency Translation Adjustment		Total
	(Dollars in thousands)
Balance as of November 30, 2022, net of tax	$	(160,116)	$	(11,364)	$	(97,473)	$	(268,953)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	269		10,558		739		11,566
Amounts reclassified	(5,513)		9,428		—		3,915
Total other comprehensive income (loss), before tax	(5,244)		19,986		739		15,481
Tax effect	1,271		(4,843)		(119)		(3,691)
Other comprehensive income (loss), net of tax	(3,973)		15,143		620		11,790
Balance as of February 28, 2023, net of tax	$	(164,089)	$	3,779	$	(96,853)	$	(257,163)

	Pension and Other Postretirement Benefits		Cash Flow Hedges		Foreign Currency Translation Adjustment		Total
	(Dollars in thousands)
Balance as of November 30, 2021, net of tax	$	(137,617)	$	(4,317)	$	(89,875)	$	(231,809)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	—		3,974		5,807		9,781
Amounts reclassified	6,056		(4,705)		—		1,351
Total other comprehensive income (loss), before tax	6,056		(731)		5,807		11,132
Tax effect	(1,475)		178		119		(1,178)
Other comprehensive income (loss), net of tax	4,581		(553)		5,926		9,954
Balance as of February 28, 2022, net of tax	$	(133,036)	$	(4,870)	$	(83,949)	$	(221,855)

Changes in accumulated other comprehensive income (loss) by component for the six months ended February 28, 2023 and 2022, are as follows:

	Pension and Other Postretirement Benefits		Cash Flow Hedges		Foreign Currency Translation Adjustment		Total
	(Dollars in thousands)
Balance as of August 31, 2022, net of tax	$	(168,640)	$	8,843	$	(95,538)	$	(255,335)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	203		(23,341)		(1,488)		(24,626)
Amounts reclassified	47		16,657		—		16,704
Total other comprehensive income (loss), before tax	250		(6,684)		(1,488)		(7,922)
Tax effect	4,301		1,620		173		6,094
Other comprehensive income (loss), net of tax	4,551		(5,064)		(1,315)		(1,828)
Balance as of February 28, 2023, net of tax	$	(164,089)	$	3,779	$	(96,853)	$	(257,163)

	Pension and Other Postretirement Benefits		Cash Flow Hedges		Foreign Currency Translation Adjustment		Total
	(Dollars in thousands)
Balance as of August 31, 2021, net of tax	$	(141,385)	$	4,824	$	(79,830)	$	(216,391)
Other comprehensive income (loss), before tax:
Amounts before reclassifications	(83)		4,844		(4,176)		585
Amounts reclassified	11,120		(17,659)		—		(6,539)
Total other comprehensive income (loss), before tax	11,037		(12,815)		(4,176)		(5,954)
Tax effect	(2,688)		3,121		57		490
Other comprehensive income (loss), net of tax	8,349		(9,694)		(4,119)		(5,464)
Balance as of February 28, 2022, net of tax	$	(133,036)	$	(4,870)	$	(83,949)	$	(221,855)

Schedule of Stockholders Equity

Changes in equities for the six months ended February 28, 2023 and 2022, 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)
Balances, August 31, 2022	$	3,587,131	$	27,933	$	1,776,172	$	2,264,038	$	(255,335)	$	2,055,682	$	5,645	$	9,461,266
Reversal of prior year patronage and redemption estimates	(491,058)		—		(153,858)		—		—		1,043,301		—		398,385
Distribution of 2022 patronage refunds	513,631		—		153,258		—		—		(1,048,779)		—		(381,890)
Redemptions of equities	(13,910)		(72)		(3,764)		—		—		—		—		(17,746)
Preferred stock dividends	—		—		—		—		—		(126,501)		—		(126,501)
Other, net	288		—		36		—		—		827		(598)		553
Net income	—		—		—		—		—		1,074,919		45		1,074,964
Other comprehensive loss, net of tax	—		—		—		—		(1,828)		—		—		(1,828)
Estimated 2023 cash patronage refunds	—		—		—		—		—		(288,942)		—		(288,942)
Estimated 2023 equity redemptions	(288,942)		—		—		—		—		—		—		(288,942)
Balances, February 28, 2023	$	3,307,140	$	27,861	$	1,771,844	$	2,264,038	$	(257,163)	$	2,710,507	$	5,092	$	9,829,319

	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)
Balances, August 31, 2021	$	3,583,911	$	28,431	$	1,634,896	$	2,264,038	$	(216,391)	$	1,713,976	$	8,465	$	9,017,326
Reversal of prior year patronage and redemption estimates	17,485		—		(230,290)		—		—		260,120		—		47,315
Distribution of 2021 patronage refunds	—		—		231,371		—		—		(261,414)		—		(30,043)
Redemptions of equities	(14,052)		(338)		(3,095)		—		—		—		—		(17,485)
Preferred stock dividends	—		—		—		—		—		(126,501)		—		(126,501)
Other, net	(1,028)		17		(64)		—		—		1,443		(1,440)		(1,072)
Net income (loss)	—		—		—		—		—		670,961		(122)		670,839
Other comprehensive loss, net of tax	—		—		—		—		(5,464)		—		—		(5,464)
Estimated 2022 cash patronage refunds	—		—		—		—		—		(62,157)		—		(62,157)
Estimated 2022 equity redemptions	(124,314)		—		—		—		—		—		—		(124,314)
Balances, February 28, 2022	$	3,462,002	$	28,110	$	1,632,818	$	2,264,038	$	(221,855)	$	2,196,428	$	6,903	$	9,368,444

Preferred Stock [Text Block]

Preferred Stock Dividends

    The following is a summary of dividends declared per share by series of preferred stock for the three and six months ended February 28, 2023 and 2022.

		Three Months Ended February 28,				Six Months Ended February 28,
	Nasdaq symbol	2023		2022		2023		2022
Series of preferred stock:		(Dollars per share)
8% Cumulative Redeemable	CHSCP	$	0.50	$	0.50	$	1.50	$	1.50
Class B Cumulative Redeemable, Series 1	CHSCO	$	0.49	$	0.49	$	1.48	$	1.48
Class B Reset Rate Cumulative Redeemable, Series 2	CHSCN	$	0.44	$	0.44	$	1.33	$	1.33
Class B Reset Rate Cumulative Redeemable, Series 3	CHSCM	$	0.42	$	0.42	$	1.27	$	1.27
Class B Cumulative Redeemable, Series 4	CHSCL	$	0.47	$	0.47	$	1.41	$	1.41