| Long-term debt, including the deferred gain from the termination of the interest rate swaps |
Long-term debt was as follows:
| | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Weighted Average Interest Rate as of May 31, 2026 | | May 31, 2026 | | August 31, 2025 | | 2030 Notes | | 4.125% | | $ | 300,000 | | | $ | 300,000 | | | 2031 Notes | | 3.875% | | 300,000 | | | 300,000 | | | 2032 Notes | | 4.375% | | 300,000 | | | 300,000 | | | 2033 Notes | | 5.750% | | 1,000,000 | | | — | | | 2035 Notes | | 6.000% | | 1,000,000 | | | — | | | Series 2022 Bonds, due 2047 | | 4.000% | | 145,060 | | | 145,060 | | | Series 2025 Bonds, due 2032 | | 4.625% | | 150,000 | | | 150,000 | | | Short-term borrowings | | 4.630% | | 33,012 | | | — | | | Other | | 4.811% | | 8,819 | | | 10,108 | | | Finance leases | | 5.132% | | 192,029 | | | 158,917 | | | Total debt | | | | 3,428,920 | | | 1,364,085 | | | Less unamortized debt issuance costs | | | | (32,551) | | | (14,051) | | | Plus unamortized bond premium | | | | 4,116 | | | 4,261 | | | Total amounts outstanding | | | | 3,400,485 | | | 1,354,295 | | | Less current maturities of long-term debt | | | | (88,792) | | | (44,289) | | | Long-term debt | | | | $ | 3,311,693 | | | $ | 1,310,006 | |
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