Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
May 31, 2011
Aug. 31, 2010
Current assets:    
Cash and cash equivalents $ 243,562 $ 399,313
Accounts receivable (less allowance for collection losses of $25,964 and $29,721) 936,223 824,339
Inventories 889,464 674,680
Other 230,479 276,874
Total current assets 2,299,728 2,175,206
Property, plant and equipment:    
Land 94,035 94,426
Buildings and improvements 563,099 540,285
Equipment 1,708,294 1,649,723
Construction in process 44,510 56,124
Property, plant and equipment, gross 2,409,938 2,340,558
Less accumulated depreciation and amortization (1,204,802) (1,108,290)
Property, plant and equipment, Net 1,205,136 1,232,268
Goodwill 72,603 71,580
Other assets 177,591 227,099
Total assets 3,755,058 3,706,153
Current liabilities:    
Accounts payable-trade 519,643 504,388
Accounts payable-documentary letters of credit 171,892 226,633
Accrued expenses and other payables 376,812 324,897
Notes payable 8,372 6,453
Commercial paper 0 10,000
Current maturities of long-term debt 38,246 30,588
Total current liabilities 1,114,965 1,102,959
Deferred income taxes 43,688 43,668
Other long-term liabilities 118,378 108,870
Long-term debt 1,165,482 1,197,282
Total liabilities 2,442,513 2,452,779
Commitments and contingencies    
Stockholders' equity:    
Preferred stock 0 0
Common stock, par value $0.01 per share; authorized 200,000,000 shares; issued 129,060,664 shares; outstanding 115,435,601 and 114,325,349 shares 1,290 1,290
Additional paid-in capital 370,786 373,308
Accumulated other comprehensive income (loss) 80,174 (12,526)
Retained earnings 1,127,713 1,178,372
Treasury stock 13,625,063 and 14,735,315 shares at cost (267,638) (289,708)
Stockholders' equity attributable to CMC 1,312,325 1,250,736
Stockholders' equity attributable to noncontrolling interests 220 2,638
Total equity 1,312,545 1,253,374
Total liabilities and stockholders' equity $ 3,755,058 $ 3,706,153