Notes Payable and Long-Term Debt (Tables)

3 Months Ended

Nov. 30, 2019

Debt Disclosure [Abstract]

Notes Payable and Long-term Debt

Notes payable and long-term debt outstanding as of November 30, 2019 and August 31, 2019 are summarized below (in thousands): 

	Maturity Date	November 30, 2019		August 31, 2019
5.625% Senior Notes	Dec 15, 2020	399,109		398,886
4.700% Senior Notes	Sep 15, 2022	498,169		498,004
4.900% Senior Notes	Jul 14, 2023	299,118		299,057
3.950% Senior Notes	Jan 12, 2028	494,978		494,825
Borrowings under credit facilities(1)	Nov 8, 2022 and Aug 24, 2020	—		—
Borrowings under loans	Nov 8, 2022 and Aug 24, 2020	799,521		805,693
Total notes payable and long-term debt		2,490,895		2,496,465
Less current installments of notes payable and long-term debt		375,180		375,181
Notes payable and long-term debt, less current installments		$	2,115,715	$	2,121,284

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As of November 30, 2019, the Company has $2.6 billion in available unused borrowing capacity under its revolving credit facilities. The revolving credit facility supports commercial paper outstanding, if any. The Company has a borrowing capacity of up to $1.8 billion under its commercial paper program.