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Consolidated Balance Sheets (USD $)
In Thousands
Aug. 31, 2011
Aug. 31, 2010
Current assets:  
Cash and cash equivalents$ 222,390$ 399,313
Accounts receivable (less allowance for doubtful accounts of $16,095 and $29,721)956,852824,339
Inventories908,338674,680
Other238,673276,874
Total current assets2,326,2532,175,206
Property, plant and equipment:  
Land93,49694,426
Buildings and improvements507,797540,285
Equipment1,666,6821,649,723
Construction in process42,49956,124
Property, plant and equipment, Gross2,310,4742,340,558
Less accumulated depreciation and amortization(1,198,459)(1,108,290)
Property, plant and equipment, Net1,112,0151,232,268
Goodwill77,63871,580
Other assets167,225227,099
Total assets3,683,1313,706,153
Current liabilities:  
Accounts payable-trade585,289504,388
Accounts payable-documentary letters of credit170,683226,633
Accrued expenses and other payables377,774324,897
Notes payable6,2006,453
Commercial paper010,000
Current maturities of long-term debt58,90830,588
Total current liabilities1,198,8541,102,959
Deferred income taxes49,57243,668
Other long-term liabilities106,560108,870
Long-term debt1,167,4971,197,282
Total liabilities2,522,4832,452,779
Commitments and contingencies  
Stockholders' equity  
Preferred stock  
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 115,533,763 and 114,325,349 shares1,2901,290
Additional paid-in capital371,616373,308
Accumulated other comprehensive income (loss)59,473(12,526)
Retained earnings993,5781,178,372
Less treasury stock 13,526,901 and 14,735,315 shares at cost(265,532)(289,708)
Stockholders' equity attributable to CMC1,160,4251,250,736
Stockholders' equity attributable to noncontrolling interests2232,638
Total equity1,160,6481,253,374
Total liabilities and stockholders' equity$ 3,683,131$ 3,706,153