Equities

9 Months Ended

May 31, 2012

Equities and Comprehensive Income [Abstract]

Equities

Note 7.    Equities

Changes in equity for the nine-month periods ended May 31, 2012 and 2011 are as follows:

	Fiscal 2012			Fiscal 2011
CHS Inc. balances, September 1, 2011 and 2010	$	3,915,592		$	3,335,664
Net income attributable to CHS Inc.		899,740			754,807
Other comprehensive (loss) income		(7,477	)		8,671
Patronage distribution		(676,143	)		(402,363	)
Patronage accrued		674,678			396,500
Equities retired		(138,421	)		(56,588	)
Equity retirements accrued		136,000			56,588
Equities issued in business combinations		29,156
Preferred stock dividends		(18,408	)		(18,408	)
Preferred stock dividends accrued		4,091			4,091
Accrued dividends and equities payable		(361,391	)		(295,891	)
Purchase of noncontrolling interests		(96,720	)
Other, net		454			1,769
CHS Inc. balances, May 31, 2012 and 2011	$	4,361,151		$	3,784,840
Noncontrolling interests balances, September 1, 2011 and 2010	$	349,728		$	268,787
Net income attributable to noncontrolling interests		75,095			69,264
Distributions to noncontrolling interests		(77,519	)		(8,123	)
Distributions accrued		5,544			2,757
Purchase of noncontrolling interests		(337,145	)
Other		472			860
Noncontrolling interests balances, May 31, 2012 and 2011	$	16,175		$	333,545

The purchase of noncontrolling interests above relates to our firm commitment to purchase the remaining NCRA noncontrolling interests. See Note 13, Acquisitions for additional information.

The following table presents the effect of changes in our NCRA ownership interest on CHS Inc. equities:

	For the Nine Months Ended May 31,
	2012			2011
Net income attributable to CHS Inc.	$	899,740		$	754,807
Transfers to noncontrolling interests:
Decrease in CHS Inc. capital reserves for purchase of noncontrolling interests		(82,138	)
Changes from net income attributable to CHS Inc. and transfers to noncontrolling interests	$	817,602		$	754,807