CHS (CHSCN) 10-Q7 Jul 222022 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	May 31, 2022	Jul. 07, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	May 31, 2022
Document Transition Report	false
Entity File Number	001-36079
Entity Registrant Name	CHS Inc.
Entity Incorporation, State or Country Code	MN
Entity Tax Identification Number	41-0251095
Entity Address, Address Line One	5500 Cenex Drive
Entity Address, City or Town	Inver Grove Heights
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55077
City Area Code	651
Local Phone Number	355-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		0
Entity Central Index Key	0000823277
Current Fiscal Year End Date	--08-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
8% Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	8% Cumulative Redeemable Preferred Stock
Trading Symbol	CHSCP
Security Exchange Name	NASDAQ
Class B, Series 1 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Cumulative Redeemable Preferred Stock, Series 1
Trading Symbol	CHSCO
Security Exchange Name	NASDAQ
Class B, Series 2 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 2
Trading Symbol	CHSCN
Security Exchange Name	NASDAQ
Class B, Series 3 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3
Trading Symbol	CHSCM
Security Exchange Name	NASDAQ
Class B, Series 4 Preferred Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class B Cumulative Redeemable Preferred Stock, Series 4
Trading Symbol	CHSCL
Security Exchange Name	NASDAQ

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Current assets [Abstract]
Cash and cash equivalents	$ 369,256	$ 413,159
Receivables	4,093,122	2,860,884
Inventories	4,451,695	3,334,675
Other current assets	2,061,475	1,390,233
Total current assets	10,975,548	7,998,951
Investments	4,023,095	3,669,111
Property, plant and equipment	4,685,638	4,810,005
Other assets	1,024,762	1,098,208
Total assets	20,709,043	17,576,275
Current liabilities [Abstract]
Notes payable	2,028,859	1,740,859
Current portion of long-term debt	161,308	38,450
Accounts payable	3,373,338	2,616,052
Accrued expenses	796,338	622,723
Other Liabilities	2,194,482	1,307,929
Total current liabilities	8,554,325	6,326,013
Long-term debt	1,800,779	1,579,911
Other liabilities	612,761	653,025
Commitments and contingencies (Note 13)
Equities:
Preferred stock	2,264,038	2,264,038
Equity certificates	5,000,593	5,247,238
Accumulated other comprehensive loss	(240,076)	(216,391)
Capital reserves	2,710,344	1,713,976
Total CHS Inc. equities	9,734,899	9,008,861
Noncontrolling interests	6,279	8,465
Total equities	9,741,178	9,017,326
Total liabilities and equities	$ 20,709,043	$ 17,576,275

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021
Income Statement [Abstract]
Revenues	$ 13,137,724	$ 10,929,976	$ 34,351,069	$ 27,965,778
Cost of goods sold	12,493,467	10,615,348	32,917,906	27,371,326
Gross profit	644,257	314,628	1,433,163	594,452
Marketing, general and administrative expenses	243,136	186,703	692,395	518,875
Operating earnings	401,121	127,925	740,768	75,577
Interest expense	32,099	28,992	80,705	82,897
Other income	(6,636)	(10,748)	(31,817)	(41,219)
Equity income from investments	(263,079)	(146,522)	(644,347)	(260,654)
Income before income taxes	638,737	256,203	1,336,227	294,553
Income tax expense (benefit)	62,492	(17,469)	89,143	(10,130)
Net income	576,245	273,672	1,247,084	304,683
Net (loss) income attributable to noncontrolling interests	(329)	81	(451)	(350)
Net income attributable to CHS Inc.	$ 576,574	$ 273,591	$ 1,247,535	$ 305,033

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021
Net income (loss)	$ 576,245	$ 273,672	$ 1,247,084	$ 304,683
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Pension and other postretirement benefits	4,485	3,888	12,834	11,402
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	(25,257)	(4,991)	(34,951)	(3,881)
Foreign currency translation adjustment	2,551	8,218	(1,568)	11,060
Other comprehensive income, net of tax	(18,221)	7,115	(23,685)	18,581
Comprehensive income (loss)	558,024	280,787	1,223,399	323,264
Less comprehensive income attributable to noncontrolling interests	(329)	81	(451)	(350)
Comprehensive Income (Loss) Attributable to CHS	$ 558,353	$ 280,706	$ 1,223,850	$ 323,614

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	May 31, 2022	May 31, 2021
Cash flows from operating activities:
Net income (loss)	$ 1,247,084	$ 304,683
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	399,562	401,657
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions	(345,846)	(128,635)
Provision for current expected credit losses	18,641	3,353
Deferred taxes	(51,522)	17,379
Other, net	(6,643)	(24,420)
Changes in operating assets and liabilities, net of acquisitions:
Receivables	(1,074,111)	(885,496)
Inventories	(1,117,020)	(763,675)
Accounts payable and accrued expenses	967,603	775,825
Other liabilities	(44,886)	(333,049)
Net cash provided by (used in) operating activities	(7,138)	(632,378)
Cash flows from investing activities:
Acquisition of property, plant and equipment	(207,455)	(238,774)
Proceeds from disposition of property, plant and equipment	8,127	17,039
Expenditures for major repairs	(18,072)	(42,466)
Proceeds from Sales of Business, Affiliate and Productive Assets	73,152	39,567
Changes in CHS Capital notes receivable, net	(200,380)	31,543
Financing extended to customers	(47,235)	(1,890)
Payments from customer financing	53,442	6,110
Other investing activities, net	(1,467)	11,362
Net cash provided by (used in) investing activities	(339,888)	(177,509)
Cash flows from financing activities:
Proceeds from lines of credit and long-term borrowings	19,077,600	26,618,429
Payments on lines of credit, long-term borrowings and capital lease obligations	(18,401,162)	(25,381,437)
Preferred stock dividends paid	(126,501)	(126,501)
Redemptions of equities	(99,229)	(37,809)
Cash patronage dividends paid	(51,026)	(30,042)
Other financing activities, net	(43,736)	(30,634)
Net cash provided by (used in) financing activities	355,946	1,012,006
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(11,311)	(451)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	(2,391)	201,668
Cash and cash equivalents and restricted cash at beginning of period	542,484	216,993
Cash and cash equivalents and restricted cash at end of period	$ 540,093	$ 418,661

Organization, Basis of Presenta

Organization, Basis of Presentation and Significant Accounting Policies	9 Months Ended
	May 31, 2022
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies	Basis of Presentation and Significant Accounting Policies Basis of Presentation These unaudited condensed consolidated financial statements reflect, in the opinion of management, all normal recurring adjustments necessary for a fair statement of our financial position, results of operations and cash flows for the periods presented. The results of operations and cash flows for interim periods are not necessarily indicative of results for a full fiscal year because of the seasonal nature of our businesses, among other things. Our unaudited condensed consolidated financial statements and notes are presented as permitted by the requirements for Quarterly Reports on Form 10-Q and should be read in conjunction with the consolidated financial statements and notes thereto for the year ended August 31, 2021, included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"). Significant Accounting Policies No significant accounting policies were updated or changed since our Annual Report on Form 10-K for the year ended August 31, 2021. Recent Accounting Pronouncements No recent accounting pronouncements are expected to have a material impact on our condensed consolidated financial statements.

Revenues (Notes)

Revenues (Notes)	9 Months Ended
Revenues (Notes)	May 31, 2022
Revenue from Contract with Customer [Abstract]
Revenues	Revenues The following table presents revenues recognized under Accounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers ("ASC Topic 606"), disaggregated by reportable segment, as well as the amount of revenues recognized under ASC Topic 815, Derivatives and Hedging ("ASC Topic 815"), and other applicable accounting guidance for the three and nine months ended May 31, 2022 and 2021. Other applicable accounting guidance primarily includes revenues recognized under ASC Topic 470, Debt , and ASC Topic 842, Leases , that fall outside the scope of ASC Topic 606. ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Three Months Ended May 31, 2022 (Dollars in thousands) Energy $ 2,529,311 $ 246,631 $ — $ 2,775,942 Ag 3,460,390 6,883,785 8,194 10,352,369 Corporate and Other 4,205 — 5,208 9,413 Total revenues $ 5,993,906 $ 7,130,416 $ 13,402 $ 13,137,724 Three Months Ended May 31, 2021 Energy $ 1,533,643 $ 171,155 $ — $ 1,704,798 Ag 2,810,389 6,389,677 16,138 9,216,204 Corporate and Other 3,929 — 5,045 8,974 Total revenues $ 4,347,961 $ 6,560,832 $ 21,183 $ 10,929,976 ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Nine Months Ended May 31, 2022 (Dollars in thousands) Energy $ 6,426,092 $ 681,836 $ — $ 7,107,928 Ag 8,056,676 19,139,417 21,466 27,217,559 Corporate and Other 11,785 — 13,797 25,582 Total revenues $ 14,494,553 $ 19,821,253 $ 35,263 $ 34,351,069 Nine Months Ended May 31, 2021 Energy $ 3,841,678 $ 493,125 $ — $ 4,334,803 Ag 5,324,396 18,232,235 43,187 23,599,818 Corporate and Other 14,925 — 16,232 31,157 Total revenues $ 9,180,999 $ 18,725,360 $ 59,419 $ 27,965,778 Less than 1% of revenues accounted for under ASC Topic 606 included within the tables above are recorded over time and relate primarily to service contracts. Contract Assets and Contract Liabilities Contract assets relate to unbilled amounts arising from goods that have already been transferred to customers where the right to payment is not conditional on the passage of time. This results in the recognition of an asset, as the amount of revenue recognized at a certain point in time exceeds the amount billed to customers. Contract assets are recorded in receivables within our Condensed Consolidated Balance Sheets and were $17.1 million and $29.0 million as of May 31, 2022, and August 31, 2021, respectively. Contract liabilities relate to advance payments from customers for goods and services that we have yet to provide. Contract liabilities of $544.8 million and $213.9 million as of May 31, 2022, and August 31, 2021, respectively, are recorded within other current liabilities on our Condensed Consolidated Balance Sheets. For the three months ended May 31, 2022 and 2021, we recognized revenues of $48.1 million and $34.2 million related to contract liabilities, respectively. For the nine months ended May 31, 2022 and 2021, we recognized revenues of $213.9 million and $126.2 million related to contract liabilities, respectively. These amounts were included in the other current liabilities balance at the beginning of the respective period.

Receivables

Receivables	9 Months Ended
Receivables	May 31, 2022
Receivables [Abstract]
Receivables	Receivables May 31, August 31, (Dollars in thousands) Trade accounts receivable $ 3,164,995 $ 2,047,198 CHS Capital short-term notes receivable 652,041 505,778 Other 404,352 451,630 Gross receivables 4,221,388 3,004,606 Less: allowances and reserves 128,266 143,722 Total receivables $ 4,093,122 $ 2,860,884 Receivables are composed of trade accounts receivable, short-term notes receivable in our wholly-owned subsidiary, CHS Capital, LLC ("CHS Capital"), and other receivables, less an allowance for expected credit losses. The allowance for expected credit losses is based on our best estimate of expected credit losses in existing receivable balances and is determined using historical write-off experience, adjusted for various industry and regional data and current expectations of future credit losses. Notes receivable from commercial borrowers are collateralized by various combinations of mortgages, personal property, accounts and notes receivable, inventories and assignments of certain regional cooperatives' capital stock. These loans are primarily originated in the states of Minnesota and North Dakota. CHS Capital also has loans receivable from producer borrowers that are collateralized by various combinations of growing crops, livestock, inventories, accounts receivable, personal property and supplemental mortgages and are originated in the same states as the commercial notes. In addition to the short-term balances included in the table above, CHS Capital had long-term notes receivable, with durations of generally not more than 10 years, totaling $50.3 million and $55.4 million as of May 31, 2022, and August 31, 2021, respectively. Long-term notes receivable are included in other assets on our Condensed Consolidated Balance Sheets. As of May 31, 2022, and August 31, 2021, commercial notes represented 49% and 28%, respectively, and producer notes represented 51% and 72%, respectively, of total CHS Capital notes receivable. CHS Capital has commitments to extend credit to customers if there are no violations of contractually established conditions. As of May 31, 2022, CHS Capital customers had additional available credit of $645.9 million. No significant troubled debt restructuring activity occurred and no third-party customer or borrower accounted for more than 10% of the total receivables balance as of May 31, 2022, or August 31, 2021.

Inventories

Inventories	9 Months Ended
Inventories	May 31, 2022
Inventory Disclosure [Abstract]
Inventories	Inventories May 31, August 31, (Dollars in thousands) Grain and oilseed $ 2,044,585 $ 1,435,544 Energy 577,360 762,317 Agronomy 1,439,716 958,548 Processed grain and oilseed 140,752 140,975 Other 249,282 37,291 Total inventories $ 4,451,695 $ 3,334,675

Investments

Investments	9 Months Ended
Investments	May 31, 2022
Investments [Abstract]
Investments	Investments May 31, August 31, (Dollars in thousands) Equity method investments: CF Industries Nitrogen, LLC $ 2,916,993 $ 2,667,164 Ventura Foods, LLC 414,929 388,612 Ardent Mills, LLC 237,971 220,132 TEMCO, LLC 57,295 31,464 Other equity method investments 264,555 232,923 Other investments 131,352 128,816 Total investments $ 4,023,095 $ 3,669,111 Joint ventures and other investments, in which we have significant ownership and influence, but not control, are accounted for in our condensed consolidated financial statements using the equity method of accounting. Our significant equity method investments consist of CF Industries Nitrogen, LLC ("CF Nitrogen"), Ventura Foods, LLC ("Ventura Foods"), Ardent Mills, LLC ("Ardent Mills"), and TEMCO, LLC ("TEMCO"), which are summarized below. In addition to the recognition of our share of income from equity method investments, our equity method investments are evaluated for indicators of other-than-temporary impairment on an ongoing basis in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"). Other investments consist primarily of investments in cooperatives without readily determinable fair values and are generally recorded at cost, unless an impairment or other observable market price change occurs, requiring an adjustment. We have approximately $788.7 million of cumulative undistributed earnings from our equity method investees included in the investments balance as of May 31, 2022. CF Nitrogen We have a $2.9 billion investment in CF Nitrogen, a strategic venture with CF Industries Holdings, Inc. ("CF Industries"). The investment consists of an approximate 10% membership interest (based on product tons) in CF Nitrogen. We account for this investment using the hypothetical liquidation at book value method, recognizing our share of the earnings and losses of CF Nitrogen as equity income from investments in our Nitrogen Production segment based on our contractual claims on the entity's net assets pursuant to the liquidation provisions of the CF Nitrogen Limited Liability Company Agreement, adjusted for semiannual cash distributions. The following table provides summarized unaudited financial information for our equity method investment in CF Nitrogen for the nine months ended May 31, 2022 and 2021: Nine Months Ended May 31, 2022 2021 (Dollars in thousands) Net sales $ 4,972,383 $ 2,116,040 Gross profit 2,682,653 565,067 Net earnings 2,641,425 524,071 Earnings attributable to CHS Inc. 497,289 118,477 Ventura Foods, Ardent Mills and TEMCO We have a 50% interest in Ventura Foods, a joint venture with Mitsui & Co., that produces and distributes primarily edible oil-based products. We also have a 12% interest in Ardent Mills, which is a joint venture with Cargill, Incorporated ("Cargill"), and Conagra Brands, Inc., and is the largest flour miller in the United States. Additionally, we have a 50% interest in TEMCO, which is a joint venture with Cargill focused on export elevation, primarily to Asia. We account for Ventura Foods, Ardent Mills and TEMCO as equity method investments. Our shares of the results of Ventura Foods and Ardent Mills are included in Corporate and Other and our share of the results of TEMCO is included in our Ag segment. The following table provides aggregate summarized unaudited financial information for our equity method investments in Ventura Foods, Ardent Mills and TEMCO for the nine months ended May 31, 2022 and 2021: Nine Months Ended May 31, 2022 2021 (Dollars in thousands) Net sales $ 7,124,636 $ 7,471,759 Gross profit 850,417 741,461 Net earnings 439,502 363,988 Earnings attributable to CHS Inc. 105,869 116,436 Our investments in other equity method investees are not significant in relation to our condensed consolidated financial statements, either individually or in aggregate.

Equities

Equities	9 Months Ended
Equities	May 31, 2022
Equity [Abstract]
Equities	Changes in Equities Changes in equities for the nine months ended May 31, 2022 and 2021, are as follows: Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (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 redemption estimates 12,221 — — — — — — 12,221 Redemptions of equities (9,824) (318) (2,079) — — — — (12,221) Preferred stock dividends — — — — — (84,334) — (84,334) Other, net (1,023) 17 (64) — — 1,393 (841) (518) Net income (loss) — — — — — 451,961 (18) 451,943 Other comprehensive loss, net of tax — — — — (15,418) — — (15,418) Estimated 2022 cash patronage refunds — — — — — (39,691) — (39,691) Estimated 2022 equity redemptions (79,382) — — — — — — (79,382) Balances, November 30, 2021 3,505,903 28,130 1,632,753 2,264,038 (231,809) 2,043,305 7,606 9,249,926 Reversal of prior year patronage and redemption estimates 5,264 — (230,290) — — 260,120 — 35,094 Distribution of 2021 patronage refunds — — 231,371 — — (261,414) — (30,043) Redemptions of equities (4,228) (20) (1,016) — — — — (5,264) Preferred stock dividends — — — — — (42,167) — (42,167) Other, net (5) — — — — 50 (599) (554) Net income (loss) — — — — — 219,000 (104) 218,896 Other comprehensive income, net of tax — — — — 9,954 — — 9,954 Estimated 2022 cash patronage refunds — — — — — (22,466) — (22,466) Estimated 2022 equity redemptions (44,932) — — — — — — (44,932) 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 Reversal of prior year patronage and redemption estimates 81,731 — — — — 20,170 — 101,901 Distribution of 2021 patronage refunds — — 4,205 — — (25,188) — (20,983) Redemptions of equities (78,616) (90) (3,038) — — — — (81,744) Other, net (2,228) (1) (6,809) — — 1,105 (295) (8,228) Net income (loss) — — — — — 576,574 (329) 576,245 Other comprehensive loss, net of tax — — — — (18,221) — — (18,221) Estimated 2022 cash patronage refunds — — — — — (58,745) — (58,745) Estimated 2022 equity redemptions (117,491) — — — — — — (117,491) Balances, May 31, 2022 $ 3,345,398 $ 28,019 $ 1,627,176 $ 2,264,038 $ (240,076) $ 2,710,344 $ 6,279 $ 9,741,178 Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, August 31, 2020 $ 3,724,187 $ 28,727 $ 1,408,696 $ 2,264,038 $ (233,924) $ 1,618,147 $ 9,302 $ 8,819,173 Reversal of prior year redemption estimates 7,726 — — — — — — 7,726 Redemptions of equities (6,539) (31) (1,156) — — — — (7,726) Preferred stock dividends — — — — — (84,334) — (84,334) Other, net (654) (47) (197) — — (7,798) 35 (8,661) Net income (loss) — — — — — 69,671 (302) 69,369 Other comprehensive income, net of tax — — — — 8,917 — — 8,917 Estimated 2021 cash patronage refunds — — — — — (9,304) — (9,304) Estimated 2021 equity redemptions (9,304) — — — — — — (9,304) Balances, November 30, 2020 3,715,416 28,649 1,407,343 2,264,038 (225,007) 1,586,382 9,035 8,785,856 Reversal of prior year patronage and redemption estimates 4,760 — (211,970) — — 233,345 — 26,135 Distribution of 2020 patronage refunds — — 214,720 — — (236,136) — (21,416) Redemptions of equities (4,177) (35) (548) — — — — (4,760) Preferred stock dividends — — — — — (42,167) — (42,167) Other, net (26) — (15) — — 1,068 (361) 666 Net loss — — — — — (38,229) (129) (38,358) Other comprehensive income, net of tax — — — — 2,549 — — 2,549 Estimated 2021 cash patronage refunds — — — — — 5,639 — 5,639 Estimated 2021 equity redemptions 5,639 — — — — — — 5,639 Balances, February 28, 2021 3,721,612 28,614 1,409,530 2,264,038 (222,458) 1,509,902 8,545 8,719,783 Reversal of prior year redemption estimates 15,514 — 5,000 — — 8,625 — 29,139 Distribution of 2020 patronage refunds — — 7 — — (8,632) — (8,625) Redemptions of equities (19,275) (35) (6,013) — — — — (25,323) Other, net (298) 43 58 — — (1,726) (61) (1,984) Net income — — — — — 273,591 81 273,672 Other comprehensive income, net of tax — — — — 7,115 — — 7,115 Estimated 2021 cash patronage refunds — — — — — (21,292) — (21,292) Estimated 2021 equity redemptions (21,292) — — — — — — (21,292) Balances, May 31, 2021 $ 3,696,261 $ 28,622 $ 1,408,582 $ 2,264,038 $ (215,343) $ 1,760,468 $ 8,565 $ 8,951,193 Preferred Stock Dividends The following is a summary of dividends declared per share by series of preferred stock for the nine months ended May 31, 2022 and 2021. Due to the timing of dividend declarations during the fiscal year, no declarations were made during the three months ended May 31, 2022 and 2021. Nine Months Ended May 31, Nasdaq symbol 2022 2021 Series of preferred stock: (Dollars per share) 8% Cumulative Redeemable CHSCP $ 1.50 $ 1.50 Class B Cumulative Redeemable, Series 1 CHSCO $ 1.48 $ 1.48 Class B Reset Rate Cumulative Redeemable, Series 2 CHSCN $ 1.33 $ 1.33 Class B Reset Rate Cumulative Redeemable, Series 3 CHSCM $ 1.27 $ 1.27 Class B Cumulative Redeemable, Series 4 CHSCL $ 1.41 $ 1.41 Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) by component, net of tax, for the three and nine months ended May 31, 2022 and 2021, are as follows: 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) 870 (9,983) (9,196) Amounts reclassified 5,064 (12,954) — (7,890) Total other comprehensive income (loss), before tax 4,981 (12,084) (9,983) (17,086) Tax effect (1,213) 2,943 (62) 1,668 Other comprehensive income (loss), net of tax 3,768 (9,141) (10,045) (15,418) 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) Other comprehensive income (loss), before tax: Amounts before reclassifications 369 (39,169) 2,497 (36,303) Amounts reclassified 5,560 5,782 — 11,342 Total other comprehensive income (loss), before tax 5,929 (33,387) 2,497 (24,961) Tax effect (1,444) 8,130 54 6,740 Other comprehensive income (loss), net of tax 4,485 (25,257) 2,551 (18,221) Balance as of May 31, 2022, net of tax $ (128,551) $ (30,127) $ (81,398) $ (240,076) Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of August 31, 2020, net of tax $ (159,680) $ 10,886 $ (85,130) $ (233,924) Other comprehensive income (loss), before tax: Amounts before reclassifications (125) 14,506 3,629 18,010 Amounts reclassified 4,977 (12,284) — (7,307) Total other comprehensive income, before tax 4,852 2,222 3,629 10,703 Tax effect (1,207) (553) (26) (1,786) Other comprehensive income, net of tax 3,645 1,669 3,603 8,917 Balance as of November 30, 2020, net of tax (156,035) 12,555 (81,527) (225,007) Other comprehensive income (loss), before tax: Amounts before reclassifications — 2,929 (587) 2,342 Amounts reclassified 5,151 (3,673) — 1,478 Total other comprehensive income (loss), before tax 5,151 (744) (587) 3,820 Tax effect (1,282) 185 (174) (1,271) Other comprehensive income (loss), net of tax 3,869 (559) (761) 2,549 Balance as of February 28, 2021, net of tax (152,166) 11,996 (82,288) (222,458) Other comprehensive income (loss), before tax: Amounts before reclassifications 112 (4,725) 8,398 3,785 Amounts reclassified 5,064 (1,919) — 3,145 Total other comprehensive income (loss), before tax 5,176 (6,644) 8,398 6,930 Tax effect (1,288) 1,653 (180) 185 Other comprehensive income (loss), net of tax 3,888 (4,991) 8,218 7,115 Balance as of May 31, 2021, net of tax $ (148,278) $ 7,005 $ (74,070) $ (215,343) Amounts reclassified from accumulated other comprehensive income (loss) were related to pension and other postretirement benefits, cash flow hedges and foreign currency translation adjustments. Pension and other postretirement reclassifications include amortization of net actuarial loss, prior service credit and transition amounts and are recorded as cost of goods sold and marketing, general and administrative expenses (see Note 9, Benefit Plans , for further information). Gains or losses associated with cash flow hedges are recorded as cost of goods sold (see Note 11, Derivative Financial Instruments and Hedging Activities , for further information). Gains or losses on foreign currency translation reclassifications related to sales of businesses are recorded as other income.

Benefit Plans

Benefit Plans	9 Months Ended
Benefit Plans	May 31, 2022
Retirement Benefits [Abstract]
Benefit plans	Benefit Plans We have various pension and other defined benefit and defined contribution plans, in which substantially all employees may participate. We also have nonqualified supplemental executive and Board of Directors retirement plans. Components of net periodic benefit costs for the three and nine months ended May 31, 2022 and 2021, are as follows: Three Months Ended May 31, Qualified Nonqualified Other Benefits 2022 2021 2022 2021 2022 2021 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 11,569 $ 11,307 $ 232 $ 108 $ 249 $ 297 Interest cost 4,292 4,141 70 68 126 123 Expected return on assets (10,990) (10,910) — — — — Prior service cost (credit) amortization 44 45 (29) (28) (111) (111) Actuarial loss (gain) amortization 5,852 5,447 120 53 (315) (341) Net periodic benefit cost (benefit) $ 10,767 $ 10,030 $ 393 $ 201 $ (51) $ (32) Nine Months Ended May 31, Qualified Nonqualified Other Benefits 2022 2021 2022 2021 2022 2021 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 34,706 $ 33,921 $ 695 $ 325 $ 747 $ 890 Interest cost 12,875 12,422 211 205 377 369 Expected return on assets (32,969) (32,731) — — — — Prior service cost (credit) amortization 131 134 (86) (85) (334) (334) Actuarial loss (gain) amortization 17,555 16,342 359 159 (944) (1,024) Net periodic benefit cost (benefit) $ 32,298 $ 30,088 $ 1,179 $ 604 $ (154) $ (99) The service cost component of defined benefit net periodic benefit cost is recorded in cost of goods sold and marketing, general and administrative expenses. The other components of net periodic benefit cost are recorded in other income. Employer Contributions Any contributions made during fiscal 2022 will depend primarily on market returns on the pension plan assets and minimum funding level requirements. No contributions were made to the pension plans during the nine months ended May 31, 2022, and we do not currently anticipate being required to make contributions for our pension plans in fiscal 2022.

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	May 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Our effective tax rate for the three months ended May 31, 2022, was 9.8% compared to (6.8)% for the three months ended May 31, 2021. Our effective tax rate for the nine months ended May 31, 2022, was 6.7%, compared to (3.4)% for the nine months ended May 31, 2021. Our income tax expense reflects the mix of full-year earnings projected across business units and current equity management assumptions. Income taxes and effective tax rates vary each year based on profitability and nonpatronage business activity during the year. Our uncertain tax positions are affected by the tax years that are under audit or remain subject to examination by the relevant taxing authorities. Reserves are recorded against unrecognized tax benefits when we believe certain fully supportable tax return positions are likely to be challenged, and we may not prevail. If we were to prevail on all positions taken in relation to uncertain tax positions, $114.6 million and $114.3 million of the unrecognized tax benefits would ultimately benefit our effective tax rate as of May 31, 2022, and August 31, 2021, respectively. It is reasonably possible that the total amount of unrecognized tax benefits could significantly change in the next 12 months.

Segment Reporting

Segment Reporting	9 Months Ended
Segment Reporting	May 31, 2022
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting We are an integrated agricultural cooperative, providing grain, foods and energy resources to businesses and consumers on a global basis. We provide a wide variety of products and services, from initial agricultural inputs such as fuels, farm supplies, crop nutrients and crop protection products, to agricultural outputs that include grain and oilseed, processed grain and oilseed, renewable fuels and food products. We define our operating segments in accordance with ASC Topic 280, Segment Reporting , to reflect the manner in which our chief operating decision maker, our Chief Executive Officer, evaluates performance and allocates resources in managing the business. We have aggregated those operating segments into three reportable segments: Energy, Ag and Nitrogen Production. Our Energy segment produces and provides primarily for the wholesale distribution of petroleum products and transportation of those products. Our Ag segment purchases and further processes or resells grain and oilseed originated by our country operations business, by our member cooperatives and by third parties; serves as a wholesaler and retailer of crop inputs; and produces and markets ethanol. Our Nitrogen Production segment consists of our equity method investment in CF Nitrogen and allocated expenses. Our supply agreement with CF Nitrogen entitles us to purchase up to a specified quantity of granular urea and urea ammonium nitrate ("UAN") annually from CF Nitrogen. Corporate and Other represents our financing and hedging businesses, which primarily consist of a U.S. Commodity Futures Trading Commission-regulated futures commission merchant ("FCM") for commodities hedging and financial services related to crop production. Our nonconsolidated investments in Ventura Foods and Ardent Mills are also included in our Corporate and Other category. Corporate administrative expenses and interest are allocated to each reportable segment and Corporate and Other, based on direct use of services, such as information technology and legal, and other factors or considerations relevant to the costs incurred. Many of our business activities are highly seasonal and our operating results vary throughout the year. Our revenues generally trend lower during the second and fourth fiscal quarters and higher during the first and third fiscal quarters; however, our income before income taxes does not necessarily follow the same trend, due to weather and other events that can impact profitability. For example, in our Ag segment, our country operations business generally experiences higher volumes and revenues during the fall harvest and spring planting seasons, which generally correspond to our first and third fiscal quarters, respectively. Additionally, our agronomy business generally experiences higher volumes and revenues during the spring planting season. Our global grain and processing operations are subject to fluctuations in volume and revenues based on producer harvests, world grain prices, demand and international trade relationships. Our Energy segment generally experiences higher volumes and revenues in certain operating areas, such as refined products, in the spring, summer and early fall when gasoline and diesel fuel use by agricultural producers is highest and is subject to global supply and demand forces. Other energy products, such as propane, generally experience higher volumes and revenues during the winter heating and fall crop-drying seasons. Our revenues, assets and cash flows can be significantly affected by global market prices for commodities such as petroleum products, natural gas, grain, oilseed, crop nutrients and flour. Changes in market prices for commodities that we purchase without a corresponding change in the selling prices of those products can affect revenues and operating earnings. Commodity prices are affected by a wide range of factors beyond our control, including weather, crop damage due to plant disease or insects, drought, availability and adequacy of supply, availability of reliable rail and river transportation networks, outbreaks of disease, government regulations and policies, global trade disputes, wars and civil unrest, and general political and economic conditions. While our revenues and operating results are derived primarily from businesses and operations that are wholly-owned or subsidiaries and limited liability companies in which we have a controlling interest, a portion of our business operations are conducted through companies in which we hold ownership interests of 50% or less or do not control the operations. We account for these investments primarily using the equity method of accounting, wherein we record our proportionate share of income or loss reported by the entity as equity income from investments without consolidating the revenues and expenses of the entity in our Condensed Consolidated Statements of Operations. In our Ag segment, this includes our 50% interest in TEMCO. In our Nitrogen Production segment, this consists of our approximate 10% membership interest (based on product tons) in CF Nitrogen. In Corporate and Other, this principally includes our 50% ownership in Ventura Foods and our 12% ownership in Ardent Mills. See Note 5, Investments, for more information on these entities. Reconciling amounts represent the elimination of revenues between segments. Such transactions are executed at market prices to more accurately evaluate the profitability of individual business segments. Segment information for the three and nine months ended May 31, 2022 and 2021, is presented in the tables below: Energy Ag Nitrogen Production Corporate Reconciling Total Three Months Ended May 31, 2022 (Dollars in thousands) Revenues, including intersegment revenues $ 2,943,305 $ 10,359,992 $ — $ 11,215 $ (176,788) $ 13,137,724 Intersegment revenues (167,363) (7,623) — (1,802) 176,788 — Revenues, net of intersegment revenues $ 2,775,942 $ 10,352,369 $ — $ 9,413 $ — $ 13,137,724 Operating earnings (loss) 164,016 256,817 (14,480) (5,232) — 401,121 Interest expense 2,182 18,581 12,263 (257) (670) 32,099 Other income (485) (10,221) (258) 3,658 670 (6,636) Equity income from investments (922) (25,231) (204,697) (32,229) — (263,079) Income before income taxes $ 163,241 $ 273,688 $ 178,212 $ 23,596 $ — $ 638,737 Energy Ag Nitrogen Production Corporate Reconciling Total Three Months Ended May 31, 2021 (Dollars in thousands) Revenues, including intersegment revenues $ 1,815,077 $ 9,222,597 $ — $ 10,842 $ (118,540) $ 10,929,976 Intersegment revenues (110,279) (6,393) — (1,868) 118,540 — Revenues, net of intersegment revenues $ 1,704,798 $ 9,216,204 $ — $ 8,974 $ — $ 10,929,976 Operating earnings (loss) 2,955 134,606 (8,799) (837) — 127,925 Interest expense (333) 17,661 10,318 390 956 28,992 Other income (636) (6,331) (308) (2,517) (956) (10,748) Equity income from investments (1,035) (16,855) (65,444) (63,188) — (146,522) Income before income taxes $ 4,959 $ 140,131 $ 46,635 $ 64,478 $ — $ 256,203 Energy Ag Nitrogen Production Corporate Reconciling Total Nine Months Ended May 31, 2022 (Dollars in thousands) Revenues, including intersegment revenues $ 7,574,881 $ 27,239,897 $ — $ 32,060 $ (495,769) $ 34,351,069 Intersegment revenues (466,953) (22,338) — (6,478) 495,769 — Revenues, net of intersegment revenues $ 7,107,928 $ 27,217,559 $ — $ 25,582 $ — $ 34,351,069 Operating earnings (loss) 243,009 560,200 (35,525) (26,916) — 740,768 Interest expense 4,568 45,466 34,770 (3,073) (1,026) 80,705 Other income (1,217) (37,320) (2,058) 7,752 1,026 (31,817) Equity income from investments (3,604) (63,240) (497,289) (80,214) — (644,347) Income before income taxes $ 243,262 $ 615,294 $ 429,052 $ 48,619 $ — $ 1,336,227 Total assets as of May 31, 2022 $ 4,357,274 $ 9,556,610 $ 2,930,538 $ 3,864,621 $ — $ 20,709,043 Energy Ag Nitrogen Production Corporate Reconciling Total Nine Months Ended May 31, 2021 (Dollars in thousands) Revenues, including intersegment revenues $ 4,643,387 $ 23,615,087 $ — $ 38,370 $ (331,066) $ 27,965,778 Intersegment revenues (308,584) (15,269) — (7,213) 331,066 — Revenues, net of intersegment revenues $ 4,334,803 $ 23,599,818 $ — $ 31,157 $ — $ 27,965,778 Operating earnings (loss) (120,879) 212,223 (24,661) 8,894 — 75,577 Interest expense 492 48,796 33,721 1,536 (1,648) 82,897 Other income (2,108) (29,784) (2,175) (8,800) 1,648 (41,219) Equity income from investments (2,355) (43,974) (118,477) (95,848) — (260,654) Income (loss) before income taxes $ (116,908) $ 237,185 $ 62,270 $ 112,006 $ — $ 294,553

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	9 Months Ended
Derivative Financial Instruments and Hedging Activities	May 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging Activities Disclosure	Derivative Financial Instruments and Hedging Activities We enter into various derivative instruments to manage our exposure to movements primarily associated with agricultural and energy commodity prices and, to a lesser degree, foreign currency exchange rates and interest rates. Except for certain cash-settled swaps related to future crude oil purchases and refined product sales, which are accounted for as cash flow hedges, our derivative instruments represent economic hedges of price risk for which hedge accounting under ASC Topic 815 is not applied. Rather, the derivative instruments are recorded on our Condensed Consolidated Balance Sheets at fair value with changes in fair value being recorded directly to earnings, primarily within cost of goods sold in our Condensed Consolidated Statements of Operations. See Note 12, Fair Value Measurements, for additional information. The majority of our exchange-traded agricultural commodity futures are settled daily through CHS Hedging, LLC, our wholly-owned FCM. Derivatives Not Designated as Hedging Instruments Although we have certain netting arrangements for our exchange-traded futures and options contracts and certain over-the-counter ("OTC") contracts, we have elected to report our derivative instruments on a gross basis on our Condensed Consolidated Balance Sheets under ASC Topic 210-20, Balance Sheet-Offsetting . The following tables present the gross fair values of derivative assets, derivative liabilities and margin deposits (cash collateral) recorded on our Condensed Consolidated Balance Sheets, along with related amounts permitted to be offset in accordance with U.S. GAAP: May 31, 2022 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative Assets Commodity derivatives $ 762,167 $ — $ 21,015 $ 741,152 Foreign exchange derivatives 114,804 — 15,410 99,394 Embedded derivative asset 13,545 — — 13,545 Total $ 890,516 $ — $ 36,425 $ 854,091 Derivative Liabilities Commodity derivatives $ 609,663 $ 239 $ 22,590 $ 586,834 Foreign exchange derivatives 15,454 — 15,410 44 Total $ 625,117 $ 239 $ 38,000 $ 586,878 August 31, 2021 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative Assets Commodity derivatives $ 532,832 $ — $ 4,174 $ 528,658 Foreign exchange derivatives 19,429 — 5,582 13,847 Embedded derivative asset 16,488 — — 16,488 Total $ 568,749 $ — $ 9,756 $ 558,993 Derivative Liabilities Commodity derivatives $ 444,861 $ 2,485 $ 4,174 $ 438,202 Foreign exchange derivatives 8,506 — 5,582 2,924 Total $ 453,367 $ 2,485 $ 9,756 $ 441,126 Derivative assets and liabilities with maturities of 12 months or less are recorded in other current assets and other current liabilities, respectively, on our Condensed Consolidated Balance Sheets. Derivative assets and liabilities with maturities greater than 12 months are recorded in other assets and other liabilities, respectively, on our Condensed Consolidated Balance Sheets. The amount of long-term derivative assets recorded on our Condensed Consolidated Balance Sheets as of May 31, 2022, and August 31, 2021, was $29.3 million and $21.6 million, respectively. The amount of long-term derivative liabilities recorded on our Condensed Consolidated Balance Sheets as of May 31, 2022, and August 31, 2021, was $3.6 million and $4.8 million, respectively. The majority of our derivative instruments have not been designated as hedging instruments. The following table sets forth the pretax gains (losses) on derivatives not accounted for as hedging instruments that have been included in our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2022 and 2021: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain (Loss) 2022 2021 2022 2021 (Dollars in thousands) Commodity derivatives Cost of goods sold $ (324,965) $ (552,985) $ (905,400) $ (945,631) Foreign exchange derivatives Cost of goods sold 18,147 35,567 58,438 27,327 Foreign exchange derivatives Marketing, general and administrative expenses 1,097 838 1,600 1,011 Embedded derivative Other income 258 308 2,057 2,174 Total $ (305,463) $ (516,272) $ (843,305) $ (915,119) Commodity Contracts As of May 31, 2022, and August 31, 2021, we had outstanding commodity futures and options contracts that were used as economic hedges, as well as fixed-price forward contracts related to physical purchases and sales of commodities. The table below presents the notional volumes for all outstanding commodity contracts: May 31, 2022 August 31, 2021 Long Short Long Short (Units in thousands) Grain and oilseed (bushels) 754,573 1,279,773 666,726 851,582 Energy products (barrels) 13,138 8,778 9,881 7,656 Processed grain and oilseed (tons) 1,050 4,475 559 3,418 Crop nutrients (tons) 74 3 66 12 Ocean freight (metric tons) 45 — 210 — Foreign Exchange Contracts We conduct a substantial portion of our business in U.S. dollars, but we are exposed to risks relating to foreign currency fluctuations, primarily due to global grain marketing transactions in South America, the Asia Pacific region and Europe, and purchases of products from Canada. We use foreign currency derivative instruments to mitigate the impact of exchange rate fluctuations. Although we have some risk exposure related to foreign currency transactions, a larger impact with exchange rate fluctuations is the ability of foreign buyers to purchase U.S. agricultural products and the competitiveness of U.S. agricultural products compared to the same products offered by alternative sources of world supply. The notional amount of our foreign exchange derivative contracts was $1.9 billion and $1.2 billion as of May 31, 2022, and August 31, 2021, respectively. Embedded Derivative Asset Under the terms of our strategic investment in CF Nitrogen, if the credit rating of CF Industries is reduced below certain levels by two of three specified credit ratings agencies, we are entitled to receive a nonrefundable annual payment of $5.0 million from CF Industries. These payments will continue on an annual basis until the date that the credit rating of CF Industries is upgraded to above certain levels by two of the three specified credit ratings agencies or February 1, 2026, whichever is earlier. Since the credit rating of CF Industries was reduced below the specified levels during fiscal 2017, we have received an annual payment of $5.0 million from CF Industries. Gains totaling $2.1 million and $2.2 million were recognized in other income in our Condensed Consolidated Statements of Operations for the nine months ended May 31, 2022 and 2021, respectively. The fair value of the embedded derivative asset recorded on our Condensed Consolidated Balance Sheets as of May 31, 2022, was equal to $13.5 million. The current and long-term portions of the embedded derivative asset are included in other current assets and other assets on our Condensed Consolidated Balance Sheets, respectively. See Note 12, Fair Value Measurements , for additional information regarding valuation of the embedded derivative asset. Derivatives Designated as Cash Flow Hedging Strategies Certain pay-fixed, receive-variable, cash-settled swaps are designated as cash flow hedges of future crude oil purchases in our Energy segment. We also designate certain pay-variable, receive-fixed, cash-settled swaps as cash flow hedges of future refined energy product sales. These hedging instruments and the related hedged items are exposed to significant market price risk and potential volatility. As part of our risk management strategy, we look to hedge a portion of our expected future crude oil needs and the resulting refined product output based on prevailing futures prices, management's expectations about future commodity price changes and our risk appetite. We may also elect to dedesignate certain derivative instruments previously designated as cash flow hedges as part of our risk management strategy. Amounts recorded in other comprehensive income for these dedesignated derivative instruments remain in other comprehensive income and are recognized in earnings in the period in which the underlying transactions affect earnings. As of May 31, 2022, and August 31, 2021, the aggregate notional amounts of cash flow hedges were 6.1 million and 2.7 million barrels, respectively. The following table presents the fair value of our commodity derivative instruments designated as cash flow hedges and the line items on our Condensed Consolidated Balance Sheets in which they are recorded: Derivative Assets Derivative Liabilities Balance Sheet Location May 31, August 31, Balance Sheet Location May 31, August 31, (Dollars in thousands) (Dollars in thousands) Other current assets $ 19,596 $ 11,874 Other current liabilities $ 54,150 $ 1,001 The following table presents the pretax losses recorded in other comprehensive income relating to cash flow hedges for the three and nine months ended May 31, 2022 and 2021: Three Months Ended May 31, Nine Months Ended May 31, 2022 2021 2022 2021 (Dollars in thousands) Commodity derivatives $ (36,688) $ (7,590) $ (51,961) $ (7,700) The following table presents the pretax (losses) gains relating to our existing cash flow hedges that were reclassified from accumulated other comprehensive loss into our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2022 and 2021: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain 2022 2021 2022 2021 (Dollars in thousands) Commodity derivatives Cost of goods sold $ (5,482) $ 2,329 $ 12,777 $ 19,084

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	May 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements ASC Topic 820, Fair Value Measurement, defines fair value as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. We determine fair values of derivative instruments and certain other assets based on the fair value hierarchy established in ASC Topic 820, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances. ASC Topic 820 describes three levels within its hierarchy that may be used to measure fair value. Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 inputs include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active and other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 inputs are unobservable inputs that are supported by little or no market activity for the assets or liabilities. Categorization within the valuation hierarchy is based on the lowest level of input significant to the fair value measurement. Recurring fair value measurements as of May 31, 2022, and August 31, 2021, are as follows: May 31, 2022 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 1,790 $ 779,973 $ — $ 781,763 Foreign exchange derivatives — 114,804 — 114,804 Deferred compensation assets 47,435 — — 47,435 Embedded derivative asset — 13,545 — 13,545 Segregated investments and marketable securities 319,551 — — 319,551 Other assets 5,965 — — 5,965 Total $ 374,741 $ 908,322 $ — $ 1,283,063 Liabilities Commodity derivatives $ 3,678 $ 660,134 $ — $ 663,812 Foreign exchange derivatives — 15,454 — 15,454 Total $ 3,678 $ 675,588 $ — $ 679,266 August 31, 2021 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 2,453 $ 542,253 $ — $ 544,706 Foreign exchange derivatives — 19,429 — 19,429 Deferred compensation assets 51,940 — — 51,940 Embedded derivative asset — 16,488 — 16,488 Segregated investments and marketable securities 99,837 — — 99,837 Other assets 6,052 — — 6,052 Total $ 160,282 $ 578,170 $ — $ 738,452 Liabilities Commodity derivatives $ 1,615 $ 444,247 $ — $ 445,862 Foreign exchange derivatives — 8,506 — 8,506 Total $ 1,615 $ 452,753 $ — $ 454,368 Commodity and foreign exchange derivatives . Exchange-traded futures and options contracts are valued based on unadjusted quoted prices in active markets and are classified within Level 1. Our forward commodity purchase and sales contracts with fixed-price components, select ocean freight contracts and other OTC derivatives are determined using inputs that are generally based on exchange-traded prices and/or recent market bids and offers, including location-specific adjustments, and are classified within Level 2. Location-specific inputs are driven by local market supply and demand and are generally based on broker or dealer quotations or market transactions in either listed or OTC markets. Changes in the fair values of these contracts are recognized in our Condensed Consolidated Statements of Operations as a component of cost of goods sold. Deferred compensation and other assets . Our deferred compensation investments consist primarily of rabbi trust assets that are valued based on unadjusted quoted prices on active exchanges and are classified within Level 1. Changes in the fair values of these other assets are primarily recognized in our Condensed Consolidated Statements of Operations as a component of marketing, general and administrative expenses. Embedded derivative asset . The embedded derivative asset relates to contingent payments inherent to our investment in CF Nitrogen. The inputs used in the fair value measurement include the probability of future upgrades and downgrades of the credit rating of CF Industries based on historical credit rating movements of other public companies and the discount rates applied to potential annual payments based on applicable historical and current yield coupon rates. Based on these observable inputs, our fair value measurement is classified within Level 2. See Note 11, Derivative Financial Instruments and Hedging Activities, for additional information. Segregated investments and marketable securities. Our segregated investments and marketable securities are comprised of investments in various government agencies and U.S. Treasury securities, which are valued using quoted market prices and classified within Level 1.

Organization, Basis of Presen_2

Organization, Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	May 31, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy	Basis of Presentation These unaudited condensed consolidated financial statements reflect, in the opinion of management, all normal recurring adjustments necessary for a fair statement of our financial position, results of operations and cash flows for the periods presented. The results of operations and cash flows for interim periods are not necessarily indicative of results for a full fiscal year because of the seasonal nature of our businesses, among other things. Our unaudited condensed consolidated financial statements and notes are presented as permitted by the requirements for Quarterly Reports on Form 10-Q and should be read in conjunction with the consolidated financial statements and notes thereto for the year ended August 31, 2021, included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC").
Significant Accounting Policies [Text Block]	Significant Accounting Policies No significant accounting policies were updated or changed since our Annual Report on Form 10-K for the year ended August 31, 2021.
Recent Accounting Pronouncements	Recent Accounting Pronouncements No recent accounting pronouncements are expected to have a material impact on our condensed consolidated financial statements.

Revenues (Tables)

Revenues (Tables)	9 Months Ended
Revenues (Tables)	May 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenues	The following table presents revenues recognized under Accounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers ("ASC Topic 606"), disaggregated by reportable segment, as well as the amount of revenues recognized under ASC Topic 815, Derivatives and Hedging ("ASC Topic 815"), and other applicable accounting guidance for the three and nine months ended May 31, 2022 and 2021. Other applicable accounting guidance primarily includes revenues recognized under ASC Topic 470, Debt , and ASC Topic 842, Leases , that fall outside the scope of ASC Topic 606. ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Three Months Ended May 31, 2022 (Dollars in thousands) Energy $ 2,529,311 $ 246,631 $ — $ 2,775,942 Ag 3,460,390 6,883,785 8,194 10,352,369 Corporate and Other 4,205 — 5,208 9,413 Total revenues $ 5,993,906 $ 7,130,416 $ 13,402 $ 13,137,724 Three Months Ended May 31, 2021 Energy $ 1,533,643 $ 171,155 $ — $ 1,704,798 Ag 2,810,389 6,389,677 16,138 9,216,204 Corporate and Other 3,929 — 5,045 8,974 Total revenues $ 4,347,961 $ 6,560,832 $ 21,183 $ 10,929,976 ASC Topic 606 ASC Topic 815 Other Guidance Total Revenues Nine Months Ended May 31, 2022 (Dollars in thousands) Energy $ 6,426,092 $ 681,836 $ — $ 7,107,928 Ag 8,056,676 19,139,417 21,466 27,217,559 Corporate and Other 11,785 — 13,797 25,582 Total revenues $ 14,494,553 $ 19,821,253 $ 35,263 $ 34,351,069 Nine Months Ended May 31, 2021 Energy $ 3,841,678 $ 493,125 $ — $ 4,334,803 Ag 5,324,396 18,232,235 43,187 23,599,818 Corporate and Other 14,925 — 16,232 31,157 Total revenues $ 9,180,999 $ 18,725,360 $ 59,419 $ 27,965,778

Receivables (Tables)

Receivables (Tables)	9 Months Ended
Receivables (Tables)	May 31, 2022
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	May 31, August 31, (Dollars in thousands) Trade accounts receivable $ 3,164,995 $ 2,047,198 CHS Capital short-term notes receivable 652,041 505,778 Other 404,352 451,630 Gross receivables 4,221,388 3,004,606 Less: allowances and reserves 128,266 143,722 Total receivables $ 4,093,122 $ 2,860,884

Inventories (Tables)

Inventories (Tables)	9 Months Ended
Inventories (Tables)	May 31, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	May 31, August 31, (Dollars in thousands) Grain and oilseed $ 2,044,585 $ 1,435,544 Energy 577,360 762,317 Agronomy 1,439,716 958,548 Processed grain and oilseed 140,752 140,975 Other 249,282 37,291 Total inventories $ 4,451,695 $ 3,334,675

Investments (Tables)

Investments (Tables)	9 Months Ended
Investments (Tables)	May 31, 2022
Investments [Abstract]
Investment Holdings, Schedule of Investments [Table Text Block]	May 31, August 31, (Dollars in thousands) Equity method investments: CF Industries Nitrogen, LLC $ 2,916,993 $ 2,667,164 Ventura Foods, LLC 414,929 388,612 Ardent Mills, LLC 237,971 220,132 TEMCO, LLC 57,295 31,464 Other equity method investments 264,555 232,923 Other investments 131,352 128,816 Total investments $ 4,023,095 $ 3,669,111
Equity Method Investments [Table Text Block]	The following table provides summarized unaudited financial information for our equity method investment in CF Nitrogen for the nine months ended May 31, 2022 and 2021: Nine Months Ended May 31, 2022 2021 (Dollars in thousands) Net sales $ 4,972,383 $ 2,116,040 Gross profit 2,682,653 565,067 Net earnings 2,641,425 524,071 Earnings attributable to CHS Inc. 497,289 118,477 The following table provides aggregate summarized unaudited financial information for our equity method investments in Ventura Foods, Ardent Mills and TEMCO for the nine months ended May 31, 2022 and 2021: Nine Months Ended May 31, 2022 2021 (Dollars in thousands) Net sales $ 7,124,636 $ 7,471,759 Gross profit 850,417 741,461 Net earnings 439,502 363,988 Earnings attributable to CHS Inc. 105,869 116,436

Notes Payable and Long-Term Deb

Notes Payable and Long-Term Debt (Tables)	9 Months Ended
Notes Payable and Long-Term Debt (Tables)	May 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The following table presents summarized long-term debt (including current portion) as of May 31, 2022, and August 31, 2021: May 31, August 31, (Dollars in thousands) Private placement debt $ 1,550,229 $ 1,552,974 Term loan 366,000 — Finance lease obligations 46,684 36,034 Other notes and contracts payable 2,845 33,443 Deferred financing costs (3,671) (4,090) Total long-term debt 1,962,087 1,618,361 Less current portion 161,308 38,450 Long-term portion $ 1,800,779 $ 1,579,911
Schedule of Short-term Debt	May 31, August 31, (Dollars in thousands) Notes payable $ 966,258 $ 864,147 CHS Capital notes payable 1,062,601 876,712 Total notes payable $ 2,028,859 $ 1,740,859

Equities (Tables)

Equities (Tables)	9 Months Ended
Equities (Tables)	May 31, 2022
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 August 31, 2021, net of tax $ (141,385) $ 4,824 $ (79,830) $ (216,391) Other comprehensive income (loss), before tax: Amounts before reclassifications (83) 870 (9,983) (9,196) Amounts reclassified 5,064 (12,954) — (7,890) Total other comprehensive income (loss), before tax 4,981 (12,084) (9,983) (17,086) Tax effect (1,213) 2,943 (62) 1,668 Other comprehensive income (loss), net of tax 3,768 (9,141) (10,045) (15,418) 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) Other comprehensive income (loss), before tax: Amounts before reclassifications 369 (39,169) 2,497 (36,303) Amounts reclassified 5,560 5,782 — 11,342 Total other comprehensive income (loss), before tax 5,929 (33,387) 2,497 (24,961) Tax effect (1,444) 8,130 54 6,740 Other comprehensive income (loss), net of tax 4,485 (25,257) 2,551 (18,221) Balance as of May 31, 2022, net of tax $ (128,551) $ (30,127) $ (81,398) $ (240,076) Pension and Other Postretirement Benefits Cash Flow Hedges Foreign Currency Translation Adjustment Total (Dollars in thousands) Balance as of August 31, 2020, net of tax $ (159,680) $ 10,886 $ (85,130) $ (233,924) Other comprehensive income (loss), before tax: Amounts before reclassifications (125) 14,506 3,629 18,010 Amounts reclassified 4,977 (12,284) — (7,307) Total other comprehensive income, before tax 4,852 2,222 3,629 10,703 Tax effect (1,207) (553) (26) (1,786) Other comprehensive income, net of tax 3,645 1,669 3,603 8,917 Balance as of November 30, 2020, net of tax (156,035) 12,555 (81,527) (225,007) Other comprehensive income (loss), before tax: Amounts before reclassifications — 2,929 (587) 2,342 Amounts reclassified 5,151 (3,673) — 1,478 Total other comprehensive income (loss), before tax 5,151 (744) (587) 3,820 Tax effect (1,282) 185 (174) (1,271) Other comprehensive income (loss), net of tax 3,869 (559) (761) 2,549 Balance as of February 28, 2021, net of tax (152,166) 11,996 (82,288) (222,458) Other comprehensive income (loss), before tax: Amounts before reclassifications 112 (4,725) 8,398 3,785 Amounts reclassified 5,064 (1,919) — 3,145 Total other comprehensive income (loss), before tax 5,176 (6,644) 8,398 6,930 Tax effect (1,288) 1,653 (180) 185 Other comprehensive income (loss), net of tax 3,888 (4,991) 8,218 7,115 Balance as of May 31, 2021, net of tax $ (148,278) $ 7,005 $ (74,070) $ (215,343)
Schedule of Stockholders Equity	Changes in equities for the nine months ended May 31, 2022 and 2021, are as follows: Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (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 redemption estimates 12,221 — — — — — — 12,221 Redemptions of equities (9,824) (318) (2,079) — — — — (12,221) Preferred stock dividends — — — — — (84,334) — (84,334) Other, net (1,023) 17 (64) — — 1,393 (841) (518) Net income (loss) — — — — — 451,961 (18) 451,943 Other comprehensive loss, net of tax — — — — (15,418) — — (15,418) Estimated 2022 cash patronage refunds — — — — — (39,691) — (39,691) Estimated 2022 equity redemptions (79,382) — — — — — — (79,382) Balances, November 30, 2021 3,505,903 28,130 1,632,753 2,264,038 (231,809) 2,043,305 7,606 9,249,926 Reversal of prior year patronage and redemption estimates 5,264 — (230,290) — — 260,120 — 35,094 Distribution of 2021 patronage refunds — — 231,371 — — (261,414) — (30,043) Redemptions of equities (4,228) (20) (1,016) — — — — (5,264) Preferred stock dividends — — — — — (42,167) — (42,167) Other, net (5) — — — — 50 (599) (554) Net income (loss) — — — — — 219,000 (104) 218,896 Other comprehensive income, net of tax — — — — 9,954 — — 9,954 Estimated 2022 cash patronage refunds — — — — — (22,466) — (22,466) Estimated 2022 equity redemptions (44,932) — — — — — — (44,932) 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 Reversal of prior year patronage and redemption estimates 81,731 — — — — 20,170 — 101,901 Distribution of 2021 patronage refunds — — 4,205 — — (25,188) — (20,983) Redemptions of equities (78,616) (90) (3,038) — — — — (81,744) Other, net (2,228) (1) (6,809) — — 1,105 (295) (8,228) Net income (loss) — — — — — 576,574 (329) 576,245 Other comprehensive loss, net of tax — — — — (18,221) — — (18,221) Estimated 2022 cash patronage refunds — — — — — (58,745) — (58,745) Estimated 2022 equity redemptions (117,491) — — — — — — (117,491) Balances, May 31, 2022 $ 3,345,398 $ 28,019 $ 1,627,176 $ 2,264,038 $ (240,076) $ 2,710,344 $ 6,279 $ 9,741,178 Equity Certificates Accumulated Capital Nonpatronage Nonqualified Equity Certificates Preferred Capital Noncontrolling Total (Dollars in thousands) Balances, August 31, 2020 $ 3,724,187 $ 28,727 $ 1,408,696 $ 2,264,038 $ (233,924) $ 1,618,147 $ 9,302 $ 8,819,173 Reversal of prior year redemption estimates 7,726 — — — — — — 7,726 Redemptions of equities (6,539) (31) (1,156) — — — — (7,726) Preferred stock dividends — — — — — (84,334) — (84,334) Other, net (654) (47) (197) — — (7,798) 35 (8,661) Net income (loss) — — — — — 69,671 (302) 69,369 Other comprehensive income, net of tax — — — — 8,917 — — 8,917 Estimated 2021 cash patronage refunds — — — — — (9,304) — (9,304) Estimated 2021 equity redemptions (9,304) — — — — — — (9,304) Balances, November 30, 2020 3,715,416 28,649 1,407,343 2,264,038 (225,007) 1,586,382 9,035 8,785,856 Reversal of prior year patronage and redemption estimates 4,760 — (211,970) — — 233,345 — 26,135 Distribution of 2020 patronage refunds — — 214,720 — — (236,136) — (21,416) Redemptions of equities (4,177) (35) (548) — — — — (4,760) Preferred stock dividends — — — — — (42,167) — (42,167) Other, net (26) — (15) — — 1,068 (361) 666 Net loss — — — — — (38,229) (129) (38,358) Other comprehensive income, net of tax — — — — 2,549 — — 2,549 Estimated 2021 cash patronage refunds — — — — — 5,639 — 5,639 Estimated 2021 equity redemptions 5,639 — — — — — — 5,639 Balances, February 28, 2021 3,721,612 28,614 1,409,530 2,264,038 (222,458) 1,509,902 8,545 8,719,783 Reversal of prior year redemption estimates 15,514 — 5,000 — — 8,625 — 29,139 Distribution of 2020 patronage refunds — — 7 — — (8,632) — (8,625) Redemptions of equities (19,275) (35) (6,013) — — — — (25,323) Other, net (298) 43 58 — — (1,726) (61) (1,984) Net income — — — — — 273,591 81 273,672 Other comprehensive income, net of tax — — — — 7,115 — — 7,115 Estimated 2021 cash patronage refunds — — — — — (21,292) — (21,292) Estimated 2021 equity redemptions (21,292) — — — — — — (21,292) Balances, May 31, 2021 $ 3,696,261 $ 28,622 $ 1,408,582 $ 2,264,038 $ (215,343) $ 1,760,468 $ 8,565 $ 8,951,193
Preferred Stock [Text Block]	Preferred Stock Dividends The following is a summary of dividends declared per share by series of preferred stock for the nine months ended May 31, 2022 and 2021. Due to the timing of dividend declarations during the fiscal year, no declarations were made during the three months ended May 31, 2022 and 2021. Nine Months Ended May 31, Nasdaq symbol 2022 2021 Series of preferred stock: (Dollars per share) 8% Cumulative Redeemable CHSCP $ 1.50 $ 1.50 Class B Cumulative Redeemable, Series 1 CHSCO $ 1.48 $ 1.48 Class B Reset Rate Cumulative Redeemable, Series 2 CHSCN $ 1.33 $ 1.33 Class B Reset Rate Cumulative Redeemable, Series 3 CHSCM $ 1.27 $ 1.27 Class B Cumulative Redeemable, Series 4 CHSCL $ 1.41 $ 1.41

Benefit Plans Schedule of Net B

Benefit Plans Schedule of Net Benefit Costs (Tables)	9 Months Ended
Benefit Plans Schedule of Net Benefit Costs (Tables)	May 31, 2022
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs of Assumptions Used	Components of net periodic benefit costs for the three and nine months ended May 31, 2022 and 2021, are as follows: Three Months Ended May 31, Qualified Nonqualified Other Benefits 2022 2021 2022 2021 2022 2021 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 11,569 $ 11,307 $ 232 $ 108 $ 249 $ 297 Interest cost 4,292 4,141 70 68 126 123 Expected return on assets (10,990) (10,910) — — — — Prior service cost (credit) amortization 44 45 (29) (28) (111) (111) Actuarial loss (gain) amortization 5,852 5,447 120 53 (315) (341) Net periodic benefit cost (benefit) $ 10,767 $ 10,030 $ 393 $ 201 $ (51) $ (32) Nine Months Ended May 31, Qualified Nonqualified Other Benefits 2022 2021 2022 2021 2022 2021 Components of net periodic benefit costs: (Dollars in thousands) Service cost $ 34,706 $ 33,921 $ 695 $ 325 $ 747 $ 890 Interest cost 12,875 12,422 211 205 377 369 Expected return on assets (32,969) (32,731) — — — — Prior service cost (credit) amortization 131 134 (86) (85) (334) (334) Actuarial loss (gain) amortization 17,555 16,342 359 159 (944) (1,024) Net periodic benefit cost (benefit) $ 32,298 $ 30,088 $ 1,179 $ 604 $ (154) $ (99)

Derivative Financial Instrume_2

Derivative Financial Instruments and Hedging Activities (Tables)	9 Months Ended
	May 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Reconciliation of gross and net fair values of assets and liabilities subject to offsetting arrangements	May 31, 2022 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative Assets Commodity derivatives $ 762,167 $ — $ 21,015 $ 741,152 Foreign exchange derivatives 114,804 — 15,410 99,394 Embedded derivative asset 13,545 — — 13,545 Total $ 890,516 $ — $ 36,425 $ 854,091 Derivative Liabilities Commodity derivatives $ 609,663 $ 239 $ 22,590 $ 586,834 Foreign exchange derivatives 15,454 — 15,410 44 Total $ 625,117 $ 239 $ 38,000 $ 586,878 August 31, 2021 Amounts Not Offset on Condensed Consolidated Balance Sheet but Eligible for Offsetting Gross Amount Recognized Cash Collateral Derivative Instruments Net Amount (Dollars in thousands) Derivative Assets Commodity derivatives $ 532,832 $ — $ 4,174 $ 528,658 Foreign exchange derivatives 19,429 — 5,582 13,847 Embedded derivative asset 16,488 — — 16,488 Total $ 568,749 $ — $ 9,756 $ 558,993 Derivative Liabilities Commodity derivatives $ 444,861 $ 2,485 $ 4,174 $ 438,202 Foreign exchange derivatives 8,506 — 5,582 2,924 Total $ 453,367 $ 2,485 $ 9,756 $ 441,126
Derivatives Not Designated as Hedging Instruments	The majority of our derivative instruments have not been designated as hedging instruments. The following table sets forth the pretax gains (losses) on derivatives not accounted for as hedging instruments that have been included in our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2022 and 2021: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain (Loss) 2022 2021 2022 2021 (Dollars in thousands) Commodity derivatives Cost of goods sold $ (324,965) $ (552,985) $ (905,400) $ (945,631) Foreign exchange derivatives Cost of goods sold 18,147 35,567 58,438 27,327 Foreign exchange derivatives Marketing, general and administrative expenses 1,097 838 1,600 1,011 Embedded derivative Other income 258 308 2,057 2,174 Total $ (305,463) $ (516,272) $ (843,305) $ (915,119)
Schedule of Derivative Instruments, Purchase and Sales Contracts	all outstanding commodity contracts: May 31, 2022 August 31, 2021 Long Short Long Short (Units in thousands) Grain and oilseed (bushels) 754,573 1,279,773 666,726 851,582 Energy products (barrels) 13,138 8,778 9,881 7,656 Processed grain and oilseed (tons) 1,050 4,475 559 3,418 Crop nutrients (tons) 74 3 66 12 Ocean freight (metric tons) 45 — 210 —
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table presents the fair value of our commodity derivative instruments designated as cash flow hedges and the line items on our Condensed Consolidated Balance Sheets in which they are recorded: Derivative Assets Derivative Liabilities Balance Sheet Location May 31, August 31, Balance Sheet Location May 31, August 31, (Dollars in thousands) (Dollars in thousands) Other current assets $ 19,596 $ 11,874 Other current liabilities $ 54,150 $ 1,001
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The following table presents the pretax (losses) gains relating to our existing cash flow hedges that were reclassified from accumulated other comprehensive loss into our Condensed Consolidated Statements of Operations for the three and nine months ended May 31, 2022 and 2021: Three Months Ended May 31, Nine Months Ended May 31, Location of Gain 2022 2021 2022 2021 (Dollars in thousands) Commodity derivatives Cost of goods sold $ (5,482) $ 2,329 $ 12,777 $ 19,084
Cash flow hedge gain (loss) recorded in other comprehensive income	The following table presents the pretax losses recorded in other comprehensive income relating to cash flow hedges for the three and nine months ended May 31, 2022 and 2021: Three Months Ended May 31, Nine Months Ended May 31, 2022 2021 2022 2021 (Dollars in thousands) Commodity derivatives $ (36,688) $ (7,590) $ (51,961) $ (7,700)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	May 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring	May 31, 2022 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 1,790 $ 779,973 $ — $ 781,763 Foreign exchange derivatives — 114,804 — 114,804 Deferred compensation assets 47,435 — — 47,435 Embedded derivative asset — 13,545 — 13,545 Segregated investments and marketable securities 319,551 — — 319,551 Other assets 5,965 — — 5,965 Total $ 374,741 $ 908,322 $ — $ 1,283,063 Liabilities Commodity derivatives $ 3,678 $ 660,134 $ — $ 663,812 Foreign exchange derivatives — 15,454 — 15,454 Total $ 3,678 $ 675,588 $ — $ 679,266 August 31, 2021 Quoted Prices in Significant Significant Total (Dollars in thousands) Assets Commodity derivatives $ 2,453 $ 542,253 $ — $ 544,706 Foreign exchange derivatives — 19,429 — 19,429 Deferred compensation assets 51,940 — — 51,940 Embedded derivative asset — 16,488 — 16,488 Segregated investments and marketable securities 99,837 — — 99,837 Other assets 6,052 — — 6,052 Total $ 160,282 $ 578,170 $ — $ 738,452 Liabilities Commodity derivatives $ 1,615 $ 444,247 $ — $ 445,862 Foreign exchange derivatives — 8,506 — 8,506 Total $ 1,615 $ 452,753 $ — $ 454,368

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	May 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies [Text Block]	Commitments and Contingencies Environmental We are required to comply with various environmental laws and regulations incidental to our normal business operations. To meet our compliance requirements, we establish reserves for future costs of remediation associated with identified issues that are both probable and can be reasonably estimated. Estimates of environmental costs are based on current available facts, existing technology, undiscounted site-specific costs and currently enacted laws and regulations and are included in cost of goods sold and marketing, general and administrative expenses in our Condensed Consolidated Statements of Operations. Recoveries, if any, are recorded in the period in which recovery is received. Liabilities are monitored and adjusted as new facts or changes in law or technology occur. The resolution of any such matters may affect consolidated net income for any fiscal period; however, we currently believe any resulting liabilities, individually or in aggregate, will not have a material effect on our consolidated financial position, results of operations or cash flows during any fiscal year. Other Litigation and Claims We are involved as a defendant in various lawsuits, claims and disputes, in the normal course of our business. The resolution of any such matters may affect net income for any fiscal period; however, we currently believe any resulting liabilities, individually or in aggregate, will not have a material effect on our consolidated financial position, results of operations or cash flows during any fiscal year. Guarantees We are a guarantor for lines of credit and performance obligations of related, nonconsolidated companies. Our bank covenants allow maximum guarantees of $1.0 billion, of which $213.0 million were outstanding on May 31, 2022. We have collateral for a portion of these contingent obligations. We have not recorded a liability related to the contingent obligations as we do not expect to pay out any cash related to them, and the fair values are considered immaterial. The underlying loans to the counterparties for which we provide these guarantees were current as of May 31, 2022.

Other Current Assets and Liabil

Other Current Assets and Liabilities (note)	9 Months Ended
Other Current Assets and Liabilities (note)	May 31, 2022
Other current assets and liabilities [Abstract]
Other current assets and liabilities Text block	Other Current Assets and Liabilities Other current assets and liabilities as of May 31, 2022, and August 31, 2021, are as follows: May 31, August 31, Other current assets (Dollars in thousands) Derivative assets (Note 11) $ 880,836 $ 559,056 Margin and related deposits 425,943 336,397 Supplier advance payments 386,174 194,706 Restricted cash 170,837 129,325 Other 197,685 170,749 Total other current assets $ 2,061,475 $ 1,390,233 Other current liabilities Customer margin deposits and credit balances $ 383,743 $ 269,114 Customer advance payments 771,540 439,293 Derivative liabilities (Note 11) 675,708 449,522 Dividends and equity payable 363,491 150,000 Total other current liabilities $ 2,194,482 $ 1,307,929

Revenues - Narrative (Details)

Revenues - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Revenues - Narrative (Details) - USD ($) $ in Millions	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021	Aug. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 48.1	$ 34.2	$ 213.9	$ 126.2
Contract liabilities	544.8		544.8		$ 213.9
Commodity Contract Asset, Current	$ 17.1		$ 17.1		$ 29

Revenues - Disaggregation of Re

Revenues - Disaggregation of Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021
Disaggregation of Revenue [Line Items]
Revenues	$ 13,137,724	$ 10,929,976	$ 34,351,069	$ 27,965,778
Energy
Disaggregation of Revenue [Line Items]
Revenues	2,775,942	1,704,798	7,107,928	4,334,803
Ag
Disaggregation of Revenue [Line Items]
Revenues	10,352,369	9,216,204	27,217,559	23,599,818
Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	9,413	8,974	25,582	31,157
ASC Topic 606
Disaggregation of Revenue [Line Items]
Revenues	5,993,906	4,347,961	14,494,553	9,180,999
ASC Topic 606 \| Energy
Disaggregation of Revenue [Line Items]
Revenues	2,529,311	1,533,643	6,426,092	3,841,678
ASC Topic 606 \| Ag
Disaggregation of Revenue [Line Items]
Revenues	3,460,390	2,810,389	8,056,676	5,324,396
ASC Topic 606 \| Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	4,205	3,929	11,785	14,925
ASC Topic 815
Disaggregation of Revenue [Line Items]
Revenues	7,130,416	6,560,832	19,821,253	18,725,360
ASC Topic 815 \| Energy
Disaggregation of Revenue [Line Items]
Revenues	246,631	171,155	681,836	493,125
ASC Topic 815 \| Ag
Disaggregation of Revenue [Line Items]
Revenues	6,883,785	6,389,677	19,139,417	18,232,235
ASC Topic 815 \| Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Other Guidance
Disaggregation of Revenue [Line Items]
Revenues	13,402	21,183	35,263	59,419
Other Guidance \| Energy
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Other Guidance \| Ag
Disaggregation of Revenue [Line Items]
Revenues	8,194	16,138	21,466	43,187
Other Guidance \| Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	$ 5,208	$ 5,045	$ 13,797	$ 16,232

Receivables - Schedule of Recei

Receivables - Schedule of Receivables (Details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Receivables [Abstract]
Trade accounts receivable	$ 3,164,995	$ 2,047,198
CHS Capital short-term notes receivable	652,041	505,778
Other	404,352	451,630
Receivables, gross	4,221,388	3,004,606
Less: allowances and reserves	128,266	143,722
Total receivables	$ 4,093,122	$ 2,860,884

Receivables - Narrative (Detail

Receivables - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
Receivables - Narrative (Details) - USD ($) $ in Millions	May 31, 2022	Aug. 31, 2021
Notes Receivable, Long-Term
CHS Capital long-term notes receivable additional available credit of counterparty	$ 645.9
CHS Capital Notes Receivable [Member]
Notes Receivable, Long-Term
CHS Capital long-term notes receivable, non-current, term	10 years
CHS Capital long-term notes receivable	$ 50.3	$ 55.4
Commercial Notes to Notes and Loans Receivable, Net, Percentage	49%	28%
Producer Notes to Notes and Loans Receivable, Net, Percentage	51%	72%

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Inventory Disclosure [Abstract]
Grain and oilseed	$ 2,044,585	$ 1,435,544
Energy	577,360	762,317
Agronomy	1,439,716	958,548
Processed grain and oilseed	140,752	140,975
Other	249,282	37,291
Total inventories	$ 4,451,695	$ 3,334,675

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($) $ in Millions	May 31, 2022	Aug. 31, 2021
Inventory Disclosure [Abstract]
LIFO inventory, difference amount had FIFO inventory valuation method been used	$ 895.7	$ 359.2
Percentage of LIFO inventory	14%	13%
Inventory [Line Items]
Percentage of LIFO inventory	14%	13%

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Investments - Narrative (Details) - USD ($) $ in Thousands	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021	Aug. 31, 2021
Schedule of Equity Method Investments [Line Items]
Equity income from investments	$ (263,079)	$ (146,522)	$ (644,347)	$ (260,654)
Investments	4,023,095		4,023,095		$ 3,669,111
Investment Company, Distributable Earnings	$ 788,700		$ 788,700
CF Nitrogen LLC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	10%		10%
Equity Method Investments	$ 2,916,993		$ 2,916,993		2,667,164
Ventura Foods, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50%		50%
Equity Method Investments	$ 414,929		$ 414,929		388,612
TEMCO, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50%		50%
Equity Method Investments	$ 57,295		$ 57,295		31,464
Ardent Mills LLC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	12%		12%
Equity Method Investments	$ 237,971		$ 237,971		$ 220,132
Nitrogen Production [Member]
Schedule of Equity Method Investments [Line Items]
Equity income from investments	(204,697)	(65,444)	(497,289)	(118,477)
Corporate and Other
Schedule of Equity Method Investments [Line Items]
Equity income from investments	(32,229)	(63,188)	(80,214)	(95,848)
Ag
Schedule of Equity Method Investments [Line Items]
Equity income from investments	$ (25,231)	$ (16,855)	$ (63,240)	$ (43,974)

Investments Equity Method inves

Investments Equity Method investments (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	May 31, 2022	Feb. 28, 2022	Nov. 30, 2021	May 31, 2021	Feb. 28, 2021	Nov. 30, 2020	May 31, 2022	May 31, 2021	Aug. 31, 2021
Schedule of Equity Method Investments [Line Items]
Other Investments	$ 131,352						$ 131,352		$ 128,816
Net income (loss) attributable to CHS Inc.	576,574			$ 273,591			1,247,535	$ 305,033
Gross Profit	644,257			314,628			1,433,163	594,452
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	576,245	$ 218,896	$ 451,943	$ 273,672	$ (38,358)	$ 69,369	1,247,084	304,683
Other Equity Method Investments [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	264,555						264,555		232,923
CF Nitrogen LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	2,916,993						2,916,993		2,667,164
Net income (loss) attributable to CHS Inc.							497,289	118,477
Revenues							4,972,383	2,116,040
Gross Profit							2,682,653	565,067
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest							2,641,425	524,071
Ventura Foods, LLC
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	414,929						414,929		388,612
Ardent Mills LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	237,971						237,971		220,132
TEMCO, LLC
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 57,295						57,295		$ 31,464
Ventura Foods, Ardent Mills and TEMCO
Schedule of Equity Method Investments [Line Items]
Net income (loss) attributable to CHS Inc.							105,869	116,436
Revenues							7,124,636	7,471,759
Gross Profit							850,417	741,461
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest							$ 439,502	$ 363,988

Long-Term Debt Table

Long-Term Debt Table - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Debt Instrument [Line Items]
Long-term Debt	$ 1,800,779	$ 1,579,911
Debt Issuance Costs, Net	(3,671)	(4,090)
Long-term Debt and Lease Obligation, Including Current Maturities	1,962,087	1,618,361
Current portion of long-term debt	161,308	38,450
Total Long-term Debt
Debt Instrument [Line Items]
Finance Lease, Liability	46,684	36,034
Private Placement
Debt Instrument [Line Items]
Long-term Debt	1,550,229	1,552,974
Secured Debt \| Other notes and contracts
Debt Instrument [Line Items]
Long-term Debt	2,845	33,443
Unsecured Debt \| Term loans from cooperatives and other banks, 430K payable in 2025
Debt Instrument [Line Items]
Long-term Debt	$ 366,000	$ 0

Notes Payable and Long-Term D_2

Notes Payable and Long-Term Debt - Schedule of Notes Payable and Long-Term Debt (Details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Debt Instrument [Line Items]
Notes payable	$ 2,028,859	$ 1,740,859
Notes payable [Member]
Debt Instrument [Line Items]
Notes payable	966,258	864,147
CHS Capital notes payable
Debt Instrument [Line Items]
Notes payable	$ 1,062,601	$ 876,712

Notes Payable and Long-Term D_3

Notes Payable and Long-Term Debt - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021	Aug. 31, 2021
Debt Instrument [Line Items]
Interest expense	$ 32,099	$ 28,992	$ 80,705	$ 82,897
Capitalized interest	900	3,900	4,700	6,000
Interest Expense	32,099	$ 28,992	80,705	$ 82,897
Principal Amount Outstanding of Loans Held-in-portfolio	950,000		950,000
Long-term Debt	1,800,779		$ 1,800,779		$ 1,579,911
Five-Year Revolving Facilities \| Line of Credit \| Revolving credit facility
Debt Instrument [Line Items]
Debt instrument, term			5 years
Current borrowing capacity	2,750,000		$ 2,750,000
Outstanding balance					0
Repurchase Facility \| Subordinated Debt
Debt Instrument [Line Items]
Outstanding balance	150,000		150,000
Maximum borrowing capacity	150,000		150,000
Term loans from cooperatives and other banks, 430K payable in 2025 \| Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt	366,000		366,000		$ 0
committed
Debt Instrument [Line Items]
maximum availability under securitization	700,000		700,000
uncommitted
Debt Instrument [Line Items]
maximum availability under securitization	$ 250,000		$ 250,000

Equities Changes in Equity (Det

Equities Changes in Equity (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	May 31, 2022	Feb. 28, 2022	Nov. 30, 2021	May 31, 2021	Feb. 28, 2021	Nov. 30, 2020	May 31, 2022	May 31, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 9,368,444	$ 9,249,926	$ 9,017,326	$ 8,719,783	$ 8,785,856	$ 8,819,173	$ 9,017,326	$ 8,819,173
Reversal of prior year patronage and redemption estimates	101,901	35,094	12,221	29,139	26,135	7,726
patronage refund	(20,983)	(30,043)		(8,625)	(21,416)
Redemptions of equities	(81,744)	(5,264)	(12,221)	(25,323)	(4,760)	(7,726)
Preferred stock dividends		(42,167)	(84,334)		(42,167)	(84,334)
Other, net	(8,228)	(554)	(518)	(1,984)	666	(8,661)
Net income (loss)	576,245	218,896	451,943	273,672	(38,358)	69,369	1,247,084	304,683
Net income (loss) attributable to CHS Inc.	576,574			273,591			1,247,535	305,033
Net (loss) income attributable to noncontrolling interests	(329)			81			(451)	(350)
Other comprehensive income, net of tax	(18,221)	9,954	(15,418)	7,115	2,549	8,917	(23,685)	18,581
Estimated 2022 cash patronage refunds	(58,745)	(22,466)	(39,691)	(21,292)	5,639	(9,304)
Estimated 2022 equity redemptions	(117,491)	(44,932)	(79,382)	(21,292)	5,639	(9,304)
Ending Balance	9,741,178	9,368,444	9,249,926	8,951,193	8,719,783	8,785,856	9,741,178	8,951,193
Capital equity certificates [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	3,462,002	3,505,903	3,583,911	3,721,612	3,715,416	3,724,187	3,583,911	3,724,187
Reversal of prior year patronage and redemption estimates	81,731	5,264	12,221	15,514	4,760	7,726
Redemptions of equities	(78,616)	(4,228)	(9,824)	(19,275)	(4,177)	(6,539)
Other, net	(2,228)	(5)	(1,023)	(298)	(26)	(654)
Estimated 2022 equity redemptions	(117,491)	(44,932)	(79,382)	(21,292)	5,639	(9,304)
Ending Balance	3,345,398	3,462,002	3,505,903	3,696,261	3,721,612	3,715,416	3,345,398	3,696,261
Nonpatronage Equity Certificates [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	28,110	28,130	28,431	28,614	28,649	28,727	28,431	28,727
Reversal of prior year patronage and redemption estimates	0	0	0	0	0	0
Redemptions of equities	(90)	(20)	(318)	(35)	(35)	(31)
Other, net	(1)		17	43		(47)
Ending Balance	28,019	28,110	28,130	28,622	28,614	28,649	28,019	28,622
Non-qualified Equity Certificates [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	1,632,818	1,632,753	1,634,896	1,409,530	1,407,343	1,408,696	1,634,896	1,408,696
Reversal of prior year patronage and redemption estimates	0	(230,290)	0	5,000	(211,970)	0
patronage refund	4,205	231,371		7	214,720
Redemptions of equities	(3,038)	(1,016)	(2,079)	(6,013)	(548)	(1,156)
Other, net	(6,809)		(64)	58	(15)	(197)
Ending Balance	1,627,176	1,632,818	1,632,753	1,408,582	1,409,530	1,407,343	1,627,176	1,408,582
Preferred Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038
Redemptions of equities	0	0	0	0	0	0
Ending Balance	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038	2,264,038
Accumulated Other Comprehensive Income (Loss) [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(221,855)	(231,809)	(216,391)	(222,458)	(225,007)	(233,924)	(216,391)	(233,924)
Other comprehensive income, net of tax	(18,221)	9,954	(15,418)	7,115	2,549	8,917
Ending Balance	(240,076)	(221,855)	(231,809)	(215,343)	(222,458)	(225,007)	(240,076)	(215,343)
Capital Reserves [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	2,196,428	2,043,305	1,713,976	1,509,902	1,586,382	1,618,147	1,713,976	1,618,147
Reversal of prior year patronage and redemption estimates	20,170	260,120	0	8,625	233,345	0
patronage refund	(25,188)	(261,414)		(8,632)	(236,136)
Preferred stock dividends		(42,167)	(84,334)		(42,167)	(84,334)
Other, net	1,105	50	1,393	(1,726)	1,068	(7,798)
Net income (loss) attributable to CHS Inc.	576,574	219,000	451,961	273,591	(38,229)	69,671
Estimated 2022 cash patronage refunds	(58,745)	(22,466)	(39,691)	(21,292)	5,639	(9,304)
Ending Balance	2,710,344	2,196,428	2,043,305	1,760,468	1,509,902	1,586,382	2,710,344	1,760,468
Noncontrolling Interest [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	6,903	7,606	8,465	8,545	9,035	9,302	8,465	9,302
Other, net	(295)	(599)	(841)	(61)	(361)	35
Net (loss) income attributable to noncontrolling interests	(329)	(104)	(18)	81	(129)	(302)
Ending Balance	$ 6,279	$ 6,903	$ 7,606	$ 8,565	$ 8,545	$ 9,035	$ 6,279	$ 8,565

Equities Accumulated Other Comp

Equities Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	May 31, 2022	Feb. 28, 2022	Nov. 30, 2021	May 31, 2021	Feb. 28, 2021	Nov. 30, 2020	May 31, 2022	May 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 9,368,444	$ 9,249,926	$ 9,017,326	$ 8,719,783	$ 8,785,856	$ 8,819,173	$ 9,017,326	$ 8,819,173
Other comprehensive income, net of tax	(18,221)	9,954	(15,418)	7,115	2,549	8,917	(23,685)	18,581
Ending Balance	9,741,178	9,368,444	9,249,926	8,951,193	8,719,783	8,785,856	9,741,178	8,951,193
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(133,036)	(137,617)	(141,385)	(152,166)	(156,035)	(159,680)	(141,385)	(159,680)
Other Comprehensive Income (Loss), before Reclassifications, before Tax	369	0	(83)	112	0	(125)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	5,560	6,056	5,064	5,064	5,151	4,977
Other Comprehensive Income (Loss), before Tax	5,929	6,056	4,981	5,176	5,151	4,852
Other Comprehensive Income (Loss), Tax	(1,444)	(1,475)	(1,213)	(1,288)	(1,282)	(1,207)
Other comprehensive income, net of tax	4,485	4,581	3,768	3,888	3,869	3,645
Ending Balance	(128,551)	(133,036)	(137,617)	(148,278)	(152,166)	(156,035)	(128,551)	(148,278)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(4,870)	(4,317)	4,824	11,996	12,555	10,886	4,824	10,886
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(39,169)	3,974	870	(4,725)	2,929	14,506
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	5,782	(4,705)	(12,954)	(1,919)	(3,673)	(12,284)
Other Comprehensive Income (Loss), before Tax	(33,387)	(731)	(12,084)	(6,644)	(744)	2,222
Other Comprehensive Income (Loss), Tax	8,130	178	2,943	1,653	185	(553)
Other comprehensive income, net of tax	(25,257)	(553)	(9,141)	(4,991)	(559)	1,669
Ending Balance	(30,127)	(4,870)	(4,317)	7,005	11,996	12,555	(30,127)	7,005
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(83,949)	(89,875)	(79,830)	(82,288)	(81,527)	(85,130)	(79,830)	(85,130)
Other Comprehensive Income (Loss), before Reclassifications, before Tax		5,807	(9,983)	8,398	(587)	3,629
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	2,497	0	0	0	0	0
Other Comprehensive Income (Loss), before Tax	2,497	5,807	(9,983)	8,398	(587)	3,629
Other Comprehensive Income (Loss), Tax	54	119	(62)	(180)	(174)	(26)
Other comprehensive income, net of tax	2,551	5,926	(10,045)	8,218	(761)	3,603
Ending Balance	(81,398)	(83,949)	(89,875)	(74,070)	(82,288)	(81,527)	(81,398)	(74,070)
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(221,855)	(231,809)	(216,391)	(222,458)	(225,007)	(233,924)	(216,391)	(233,924)
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(36,303)	9,781	(9,196)	3,785	2,342	18,010
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	11,342	1,351	(7,890)	3,145	1,478	(7,307)
Other Comprehensive Income (Loss), before Tax	(24,961)	11,132	(17,086)	6,930	3,820	10,703
Other Comprehensive Income (Loss), Tax	6,740	(1,178)	1,668	185	(1,271)	(1,786)
Other comprehensive income, net of tax	(18,221)	9,954	(15,418)	7,115	2,549	8,917
Ending Balance	$ (240,076)	$ (221,855)	$ (231,809)	$ (215,343)	$ (222,458)	$ (225,007)	$ (240,076)	$ (215,343)

Equities Dividends Per Share (D

Equities Dividends Per Share (Details) - $ / shares	9 Months Ended
Equities Dividends Per Share (Details) - $ / shares	May 31, 2022	May 31, 2021
8% Cumulative Redeemable [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	$ 1.50	$ 1.50
Class B, Series 1 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	1.48	1.48
Class B, Series 2 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	1.33	1.33
Class B, Series 3 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	1.27	1.27
Class B, Series 4 Preferred Stock [Member]
8% Cumulative Redeemable [Line Items]
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears	$ 1.41	$ 1.41

Benefit Plans - Net Periodic Be

Benefit Plans - Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021
Qualified Pension Benefits
Component of net periodic benefit costs: [Abstract]
Service cost	$ 11,569	$ 11,307	$ 34,706	$ 33,921
Interest cost	4,292	4,141	12,875	12,422
Expected return on assets	(10,990)	(10,910)	(32,969)	(32,731)
Prior service cost (credit) amortization	44	45	131	134
Actuarial loss (gain) amortization	5,852	5,447	17,555	16,342
Net periodic benefit cost (benefit)	10,767	10,030	32,298	30,088
Non-Qualified Pension Benefits
Component of net periodic benefit costs: [Abstract]
Service cost	232	108	695	325
Interest cost	70	68	211	205
Expected return on assets	0	0	0	0
Prior service cost (credit) amortization	(29)	(28)	(86)	(85)
Actuarial loss (gain) amortization	120	53	359	159
Net periodic benefit cost (benefit)	393	201	1,179	604
Other Benefits
Component of net periodic benefit costs: [Abstract]
Service cost	249	297	747	890
Interest cost	126	123	377	369
Expected return on assets	0	0	0	0
Prior service cost (credit) amortization	(111)	(111)	(334)	(334)
Actuarial loss (gain) amortization	(315)	(341)	(944)	(1,024)
Net periodic benefit cost (benefit)	$ (51)	$ (32)	$ (154)	$ (99)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021	Aug. 31, 2021
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	9.80%	(6.80%)	6.70%	(3.40%)
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 114.6		$ 114.6		$ 114.3

Segment Reporting - Segment Inf

Segment Reporting - Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021	Aug. 31, 2021
Segment Reporting Information [Line Items]
Revenues	$ 13,137,724	$ 10,929,976	$ 34,351,069	$ 27,965,778
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	13,137,724	10,929,976	34,351,069	27,965,778
Operating earnings (loss)	401,121	127,925	740,768	75,577
Interest Expense	32,099	28,992	80,705	82,897
Other income	(6,636)	(10,748)	(31,817)	(41,219)
Equity income from investments	(263,079)	(146,522)	(644,347)	(260,654)
Income before income taxes	638,737	256,203	1,336,227	294,553
Total assets	20,709,043		20,709,043		$ 17,576,275
Energy
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	2,943,305	1,815,077	7,574,881	4,643,387
Revenues	2,775,942	1,704,798	7,107,928	4,334,803
Intersegment Revenue	(167,363)	(110,279)	(466,953)	(308,584)
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	2,775,942	1,704,798	7,107,928	4,334,803
Operating earnings (loss)	164,016	2,955	243,009	(120,879)
Interest Income, Operating	2,182		4,568	492
Interest Expense		(333)
Other income	(485)	(636)	(1,217)	(2,108)
Equity income from investments	(922)	(1,035)	(3,604)	(2,355)
Income before income taxes	163,241	4,959	243,262	(116,908)
Total assets	4,357,274		4,357,274
Ag
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	10,359,992	9,222,597	27,239,897	23,615,087
Revenues	10,352,369	9,216,204	27,217,559	23,599,818
Intersegment Revenue	(7,623)	(6,393)	(22,338)	(15,269)
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	10,352,369	9,216,204	27,217,559	23,599,818
Operating earnings (loss)	256,817	134,606	560,200	212,223
Interest Expense	18,581	17,661	45,466	48,796
Other income	(10,221)	(6,331)	(37,320)	(29,784)
Equity income from investments	(25,231)	(16,855)	(63,240)	(43,974)
Income before income taxes	273,688	140,131	615,294	237,185
Total assets	9,556,610		9,556,610
Nitrogen Production [Member]
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	0	0	0	0
Intersegment Revenue	0	0	0	0
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	0	0	0	0
Operating earnings (loss)	(14,480)	(8,799)	(35,525)	(24,661)
Interest Expense	12,263	10,318	34,770	33,721
Other income	(258)	(308)	(2,058)	(2,175)
Equity income from investments	(204,697)	(65,444)	(497,289)	(118,477)
Income before income taxes	178,212	46,635	429,052	62,270
Total assets	2,930,538		2,930,538
Corporate and Other
Segment Reporting Information [Line Items]
Revenues, including intersegment revenues	11,215	10,842	32,060	38,370
Revenues	9,413	8,974	25,582	31,157
Intersegment Revenue	(1,802)	(1,868)	(6,478)	(7,213)
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	9,413	8,974	25,582	31,157
Operating earnings (loss)	(5,232)	(837)	(26,916)	8,894
Interest Expense	(257)	390	(3,073)	1,536
Other income	3,658	(2,517)	7,752	(8,800)
Equity income from investments	(32,229)	(63,188)	(80,214)	(95,848)
Income before income taxes	23,596	64,478	48,619	112,006
Total assets	3,864,621		3,864,621
Other Segments
Segment Reporting Information [Line Items]
Revenues	(176,788)	(118,540)	(495,769)	(331,066)
Intersegment Revenue	176,788	118,540	495,769	331,066
Revenue From Contract With Customer Net of Intersegment Revenue Excluding Assessed Tax	0	0	0	0
Operating earnings (loss)	0	0	0	0
Interest Expense	(670)	956	(1,026)	(1,648)
Other income	670	(956)	1,026	1,648
Equity income from investments	0	0	0	0
Income before income taxes	0	$ 0	0	$ 0
Total assets	$ 0		$ 0

Derivative Financial Instrume_3

Derivative Financial Instruments and Hedging Activities - Gross Fair Values of Derivative Assets, Derivative Liabilities, and Margin Deposits (Cash Collateral) (Details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Reconciliation of gross and net fair value of assets and liabilities subject to offsetting arrangements [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 890,516	$ 568,749
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	854,091	558,993
Derivative Liability, Fair Value, Gross Liability	625,117	453,367
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	586,878	441,126
Not Designated as Hedging Instrument \| Commodity derivatives
Reconciliation of gross and net fair value of assets and liabilities subject to offsetting arrangements [Line Items]
Derivative Asset, Fair Value, Gross Asset	762,167	532,832
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	741,152	528,658
Derivative Liability, Fair Value, Gross Liability	609,663	444,861
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	586,834	438,202
Not Designated as Hedging Instrument \| Foreign exchange derivatives
Reconciliation of gross and net fair value of assets and liabilities subject to offsetting arrangements [Line Items]
Derivative Asset, Fair Value, Gross Asset	114,804	19,429
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	99,394	13,847
Derivative Liability, Fair Value, Gross Liability	15,454	8,506
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	44	2,924
Not Designated as Hedging Instrument \| Embedded Derivative Financial Instruments [Member]
Reconciliation of gross and net fair value of assets and liabilities subject to offsetting arrangements [Line Items]
Derivative Asset, Fair Value, Gross Asset	13,545	16,488
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	$ 13,545	$ 16,488

Derivative Financial Instrume_4

Derivative Financial Instruments and Hedging Activities - Purchase and Sale Contracts (Details) - Not Designated as Hedging Instrument t in Thousands, T in Thousands, Bushels in Thousands, Barrels in Thousands	May 31, 2022 t T Bushels Barrels	Aug. 31, 2021 T Bushels Barrels t
Grain and oilseed (bushels) \| Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount \| Bushels	754,573	666,726
Grain and oilseed (bushels) \| Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount \| Bushels	1,279,773	851,582
Energy products (barrels) \| Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount \| Barrels	13,138	9,881
Energy products (barrels) \| Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount \| Barrels	8,778	7,656
Processed grain and oilseed (tons) \| Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	1,050	559
Processed grain and oilseed (tons) \| Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	4,475	3,418
Crop nutrients (tons) \| Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	74	66
Crop nutrients (tons) \| Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	3	12
Ocean Freight Contracts [Member] \| Long [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount \| t	45	210
Ocean Freight Contracts [Member] \| Short [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount \| t	0	0

Derivative Financial Instrume_5

Derivative Financial Instruments and Hedging Activities - Derivatives (Details) $ in Thousands, bbl in Millions	3 Months Ended	9 Months Ended
	Nov. 30, 2021 bbl	May 31, 2022 USD ($) bbl	May 31, 2021 USD ($)	Aug. 31, 2021 USD ($)
Derivative [Line Items]
Derivative Liability, Noncurrent		$ 3,600		$ 4,800
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		854,091		558,993
Derivative Asset, Fair Value, Gross Amount Not Offset on Balance Sheet		36,425		9,756
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		586,878		441,126
Derivative Liability, Collateral, Right to Reclaim Cash, Offset		239		2,485
Derivative Liability, Fair Value, Gross Amount Not Offset on Balance Sheet		38,000		9,756
Embedded Derivative, Gain on Embedded Derivative		2,100	$ 2,200
Derivative Asset, Noncurrent, Excluding Fair Value Hedges		29,300		21,600
CF Nitrogen LLC [Member]
Derivative [Line Items]
Annual Payment Receivable Contingent On Investment Credit Rating		5,000
Embedded derivative asset		13,500
Foreign exchange derivatives \| Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		99,394		13,847
Derivative Asset, Fair Value, Gross Amount Not Offset on Balance Sheet		15,410		5,582
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		44		2,924
Derivative Liability, Collateral, Right to Reclaim Cash, Offset		0		0
Derivative Liability, Fair Value, Gross Amount Not Offset on Balance Sheet		15,410		5,582
Derivative, Notional Amount		1,900,000		1,200,000
Embedded Derivative Financial Instruments [Member] \| Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		13,545		16,488
Derivative Asset, Fair Value, Gross Amount Not Offset on Balance Sheet		0		0
Commodity derivatives \| Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		741,152		528,658
Derivative Asset, Fair Value, Gross Amount Not Offset on Balance Sheet		21,015		4,174
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		586,834		438,202
Derivative Liability, Collateral, Right to Reclaim Cash, Offset		239		2,485
Derivative Liability, Fair Value, Gross Amount Not Offset on Balance Sheet		$ 22,590		$ 4,174
Cash Flow Hedging
Derivative [Line Items]
Aggregate notional amount of cash flow hedges (in barrels) \| bbl	2.7	6.1

Derivative Financial Instrume_6

Derivative Financial Instruments and Hedging Activities - Pretax Gains (Losses) On Derivatives Not Accounted For As Hedging Instruments (Details) - Not Designated as Hedging Instrument - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (305,463)	$ (516,272)	$ (843,305)	$ (915,119)
Commodity derivatives \| Cost of goods sold
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(324,965)	(552,985)	(905,400)	(945,631)
Foreign exchange derivatives \| Cost of goods sold
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	18,147	35,567	58,438	27,327
Foreign exchange derivatives \| Selling, General and Administrative Expenses [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	1,097	838	1,600	1,011
Embedded Derivative Financial Instruments [Member] \| Other Income [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 258	$ 308	$ 2,057	$ 2,174

Derivative Financial Instrume_7

Derivative Financial Instruments and Hedging Activities - Schedule of Derivative Instruments in Statement of Financial Position, Fair Value (Details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Derivative [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 625,117	$ 453,367

Derivative Financial Instrume_8

Derivative Financial Instruments and Hedging Activities - Schedule of Derivative Instruments, Effect on Earnings (Details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 890,516	$ 568,749

Derivative Financial Instrume_9

Derivative Financial Instruments and Hedging Activities - Fair Value of Commodity Derivative Instruments (Details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	$ 625,117	$ 453,367
Derivative Asset, Fair Value, Gross Asset	890,516	568,749
Cash Flow Hedging \| Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	54,150	1,001
Derivative Asset, Fair Value, Gross Asset	$ 19,596	$ 11,874

Derivative Financial Instrum_10

Derivative Financial Instruments and Hedging Activities - Commodity Derivatives (Details) - Commodity derivatives - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022	May 31, 2021
Cost of goods sold
Derivative [Line Items]
Pretax gains (losses) reclassified from AOCI related to cash flow hedges	$ (5,482)	$ 2,329	$ 12,777	$ 19,084
Cash Flow Hedging
Derivative [Line Items]
Pretax gains (losses) recorded in OCI related to cash flow hedges	$ (36,688)	$ (7,590)	$ (51,961)	$ (7,700)

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Measurements (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation assets	$ 47,435	$ 51,940
Embedded derivative asset	13,545	16,488
Securities Segregated under Other Regulations	319,551	99,837
Other assets	5,965	6,052
Total assets	1,283,063	738,452
Foreign exchange derivatives		8,506
Total liabilities	679,266	454,368
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation assets	47,435	51,940
Embedded derivative asset	0	0
Securities Segregated under Other Regulations	319,551	99,837
Other assets	5,965	6,052
Total assets	374,741	160,282
Foreign exchange derivatives		0
Total liabilities	3,678	1,615
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation assets	0	0
Embedded derivative asset	13,545	16,488
Securities Segregated under Other Regulations	0	0
Other assets	0	0
Total assets	908,322	578,170
Foreign exchange derivatives		8,506
Total liabilities	675,588	452,753
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation assets	0	0
Embedded derivative asset	0	0
Securities Segregated under Other Regulations	0	0
Other assets	0	0
Total assets	0	0
Foreign exchange derivatives		0
Total liabilities	0	0
Commodity derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	781,763	544,706
Derivative Liability	663,812	445,862
Commodity derivatives \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	1,790	2,453
Derivative Liability	3,678	1,615
Commodity derivatives \| Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	779,973	542,253
Derivative Liability	660,134	444,247
Commodity derivatives \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Derivative Liability	0	0
Foreign exchange derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	114,804	19,429
Foreign exchange derivatives	15,454
Foreign exchange derivatives \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	0	0
Foreign exchange derivatives	0
Foreign exchange derivatives \| Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	114,804	19,429
Foreign exchange derivatives	15,454
Foreign exchange derivatives \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange derivatives	0	$ 0
Foreign exchange derivatives	$ 0

Commitments and Contingencies G

Commitments and Contingencies Guarantees (Details) $ in Millions	May 31, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Guarantor obligations, maximum exposure, undiscounted	$ 213
Maximum guarantees allowed by bank covenants	$ 1,000

Other Current Assets and Liab_2

Other Current Assets and Liabilities (table)	9 Months Ended
Other Current Assets and Liabilities (table)	May 31, 2022
Other current assets and liabilities [Abstract]
Other current assets and liabilities Table Text block [Table]	Other current assets and liabilities as of May 31, 2022, and August 31, 2021, are as follows: May 31, August 31, Other current assets (Dollars in thousands) Derivative assets (Note 11) $ 880,836 $ 559,056 Margin and related deposits 425,943 336,397 Supplier advance payments 386,174 194,706 Restricted cash 170,837 129,325 Other 197,685 170,749 Total other current assets $ 2,061,475 $ 1,390,233 Other current liabilities Customer margin deposits and credit balances $ 383,743 $ 269,114 Customer advance payments 771,540 439,293 Derivative liabilities (Note 11) 675,708 449,522 Dividends and equity payable 363,491 150,000 Total other current liabilities $ 2,194,482 $ 1,307,929

Other Current Assets and Liab_3

Other Current Assets and Liabilities (details) - USD ($) $ in Thousands	May 31, 2022	Aug. 31, 2021
Other current assets and liabilities [Abstract]
Derivative assets (Note 11)	$ 880,836	$ 559,056
Margin and related deposits	425,943	336,397
Supplier advance payments	386,174	194,706
Restricted cash	170,837	129,325
Other	197,685	170,749
Other current assets	2,061,475	1,390,233
Customer margin deposits and credit balances	383,743	269,114
Customer advance payments	771,540	439,293
Derivative liabilities (Note 11)	675,708	449,522
Dividends and equities payable	363,491	150,000
Other Liabilities, Current	$ 2,194,482	$ 1,307,929