v3.26.3
Equities (Tables)
 12 Months Ended
Aug. 31, 2026
Equity [Abstract]  
Schedule of Patronage Distributions
The following table presents estimated patronage distributions to be paid in fiscal 2027, along with actual patronage distributions as paid in fiscal years 2026, 2025 and 2024:
Estimated to be Paid in Fiscal Year:Paid in
Fiscal Year:
2027202620252024
(Dollars in millions)
Patronage distributed in cash$150.0 $30.0 $300.3 $366.0 
Patronage distributed in equity336.3 197.6 360.2 877.3 
Total patronage distributed$486.3 $227.6 $660.5 $1,243.3 
Schedule of Preferred Stock and Preferred Stock Dividends The following is a summary of our outstanding preferred stock as of August 31, 2026, all shares of which are listed on the Global Select Market of Nasdaq:
Nasdaq SymbolIssuance DateShares OutstandingRedemption ValueNet Proceeds (a)Dividend Rate
 (b) (c)		Dividend Payment FrequencyRedeemable Beginning (d)
(Dollars in millions)
8% Cumulative
Redeemable
CHSCP(e)12,272,003 $306.8 $311.2 8.00 %Quarterly7/18/2023
Class B Cumulative Redeemable, Series 1CHSCO(f)21,459,066 536.5 569.3 7.875 %Quarterly9/26/2023
Class B Reset Rate Cumulative Redeemable, Series 2CHSCN3/11/201416,800,000 420.0 406.2 7.10 %Quarterly3/31/2024
Class B Reset Rate Cumulative Redeemable, Series 3CHSCM9/15/201419,700,000 492.5 476.7 6.75 %Quarterly9/30/2024
Class B Cumulative Redeemable, Series 4CHSCL1/21/201520,700,000 517.5 501.0 7.50 %Quarterly1/21/2025
(a) Includes patron equities redeemed with preferred stock.

(b) The Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 2 accumulated dividends at a rate of 7.10% per year until March 31, 2024, and subsequently fixed at a rate of 7.10%, based on the terms of the contract and application of the Adjustable Rate (LIBOR) Act.

(c) The Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3 accumulated dividends at a rate of 6.75% per year until September 30, 2024, and subsequently fixed at a rate of 6.75%, based on the terms of the contract and application of the Adjustable Rate (LIBOR) Act.

(d) All series of preferred stock are redeemable for cash at our option, in whole or in part, at a per share price equal to the per share liquidation preference of $25.00 per share, plus all dividends accumulated and unpaid on that share to and including the date of redemption, beginning on the dates set forth in this column.

(e) The 8% Cumulative Redeemable Preferred Stock was issued at various times from 2003 through 2010.

(f) Shares of Class B Cumulative Redeemable Preferred Stock, Series 1 were issued on September 26, 2013; August 25, 2014; March 31, 2016; and March 30, 2017.
The following is a summary of the annual dividends per share by series of preferred stock for the years ended August 31, 2026, 2025 and 2024:
Nasdaq SymbolAnnual Dividend Per Share
8% Cumulative Redeemable
CHSCP$2.00 
Class B Cumulative Redeemable, Series 1CHSCO1.97 
Class B Reset Rate Cumulative Redeemable, Series 2CHSCN1.78 
Class B Reset Rate Cumulative Redeemable, Series 3CHSCM1.69 
Class B Cumulative Redeemable, Series 4CHSCL1.88 
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in accumulated other comprehensive income (loss) by component, for the years ended August 31, 2026, 2025 and 2024 are as follows:
Pension and Other Postretirement BenefitsCash Flow HedgesForeign Currency Translation AdjustmentTotal
(Dollars in thousands)
Balance as of August 31, 2023, net of tax
$(173,925)$2,032 $(93,502)$(265,395)
Other comprehensive income (loss), before tax:
Amounts before reclassifications(29,445)14,950 (10,249)(24,744)
Amounts reclassified out180 (15,287)1,227 (13,880)
Total other comprehensive income (loss), before tax(29,265)(337)(9,022)(38,624)
Tax effect7,217 82 178 7,477 
Other comprehensive income (loss), net of tax(22,048)(255)(8,844)(31,147)
Balance as of August 31, 2024, net of tax
(195,973)1,777 (102,346)(296,542)
Other comprehensive income (loss), before tax:
Amounts before reclassifications(17,460)16,821 (8,094)(8,733)
Amounts reclassified out12,129 (15,507)859 (2,519)
Total other comprehensive income (loss), before tax(5,331)1,314 (7,235)(11,252)
Tax effect1,726 (328)24 1,422 
Other comprehensive income (loss), net of tax(3,605)986 (7,211)(9,830)
Balance as of August 31, 2025, net of tax
(199,578)2,763 (109,557)(306,372)
Other comprehensive income (loss), before tax:
Amounts before reclassifications(3,865)717 22,834 19,686 
Amounts reclassified out14,833 (5,094)— 9,739 
Total other comprehensive income (loss), before tax10,968 (4,377)22,834 29,425 
Tax effect(4,361)1,076 20 (3,265)
Other comprehensive income (loss), net of tax6,607 (3,301)22,854 26,160 
Balance as of August 31, 2026, net of tax
$(192,971)$(538)$(86,703)$(280,212)