| Long-term debt, including the deferred gain from the termination of the interest rate swaps |
Long-term debt was as follows: | | | | | | | | | | | | | | | | | | | | | | | Weighted Average Interest Rate as of August 31, 2026 | | Year Ended August 31, | | (in thousands) | | | 2026 | | 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 | | 4.570% | | 8,642 | | | — | | | Other | | 4.811% | | 8,819 | | | 10,108 | | | Finance leases | | 5.136% | | 195,693 | | | 158,917 | | | Total debt | | | | 3,408,214 | | | 1,364,085 | | | Less unamortized debt issuance costs | | | | (31,407) | | | (14,051) | | | Plus unamortized bond premium | | | | 4,068 | | | 4,261 | | | Total amounts outstanding | | | | 3,380,875 | | | 1,354,295 | | | Less current maturities of long-term debt | | | | (67,147) | | | (44,289) | | | Long-term debt | | | | $ | 3,313,728 | | | $ | 1,310,006 | |
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| Scheduled maturities of the Company's long-term debt |
The scheduled maturities of the Company's long-term debt, excluding obligations related to finance leases, are included in the table below. See Note 7, Leases, for scheduled maturities of finance leases. | | | | | | | | | | Year Ended August 31, | | (in thousands) | | 2027 | | $ | 10,524 | | | 2028 | | 1,895 | | | 2029 | | 1,906 | | | 2030 | | 301,914 | | | 2031 | | 301,221 | | | Thereafter | | 2,595,061 | | | Total long-term debt, excluding finance leases | | 3,212,521 | | | Less unamortized debt issuance costs | | (31,407) | | | Plus unamortized bond premium | | 4,068 | | | Total long-term debt outstanding, excluding finance leases | | $ | 3,185,182 | |
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