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Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2010
Cash flows from operating activities:      
Net income $ 1,335,719 $ 1,061,028 $ 535,397
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 219,632 220,694 202,922
Amortization of deferred major repair costs 33,641 30,474 18,532
Income from equity investments (102,389) (131,414) (108,787)
Distributions from equity investments 75,468 137,766 89,689
Noncash patronage dividends received (10,461) (9,697) (9,918)
Gain on sale of property, plant and equipment (5,564) (5,200) (5,094)
Loss (gain) on investments 5,465 (126,729) (29,433)
Loss on crack spread contingent liability 22,328     
Deferred taxes 58,624 67,089 39,507
Other, net 481 868 1,597
Changes in operating assets and liabilities, net of acquisitions:      
Receivables (512,034) (714,589) (123,630)
Inventories (252,842) (796,596) (426,328)
Derivative assets (212,365) (389,025) (73,597)
Margin deposits (51,241) (462,857) (397,993)
Other current assets and other assets (35,375) (137,749) 42,145
Customer margin deposits and credit balances 56,177 327,813 149,228
Customer advance payments 61,978 163,640 114,032
Accounts payable and accrued expenses (48,042) 870,314 221,776
Derivative liabilities 18,933 179,876 (25,740)
Other liabilities 60,503 15,617 (64,344)
Net cash provided by operating activities 718,636 301,323 149,961
Cash flows from investing activities:      
Acquisition of property, plant and equipment (468,611) (310,670) (324,262)
Proceeds from disposition of property, plant and equipment 27,839 9,496 10,139
Expenditures for major repairs (23,443) (92,129) (7,554)
Investments in joint ventures and other (94,757) (6,090) (38,062)
Investments redeemed 12,112 39,681 119,331
Proceeds from sale of investments    225,000   
Changes in notes receivable 19,040 (347,509) (41,925)
Business acquisitions, net of cash acquired (166,033) (67,489) (6,307)
Other investing activities, net (342) (1,259) (949)
Net cash used in investing activities (694,195) (550,969) (289,589)
Cash flows from financing activities:      
Changes in notes payable (27,561) 457,731 15,217
Long-term debt borrowings    631,882   
Principal payments (96,619) (114,929) (84,792)
Payments for bank fees (12,390) (5,348) (10,296)
Changes in checks and drafts outstanding 6,353 63,033 47,280
Distributions to noncontrolling interests (78,602) (18,184) (4,870)
Preferred stock dividends paid (24,544) (24,544) (23,248)
Retirements of equities (145,722) (61,193) (23,135)
Cash patronage dividends paid (260,666) (141,513) (153,894)
Other financing activities, net 878 (20) 952
Net cash (used in) provided by financing activities (638,873) 786,915 (236,786)
Effect of exchange rate changes on cash and cash equivalents (9,224) 5,753 (1,522)
Net (decrease) increase in cash and cash equivalents (623,656) 543,022 (377,936)
Cash and cash equivalents at beginning of period 937,685 394,663 772,599
Cash and cash equivalents at end of period $ 314,029 $ 937,685 $ 394,663