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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-K/A
Amendment No. 1

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
  For the fiscal year endedAugust 31, 2020
or
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
  For the transition period from          to          

Commission file number: 001-36079
CHS Inc.
(Exact name of Registrant as specified in its charter)
Minnesota 41-0251095
 (State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification Number)
5500 Cenex Drive
Inver Grove Heights,Minnesota55077
 (Address of principal executive offices, including zip code)
(651) 355-6000
 (Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
8% Cumulative Redeemable Preferred StockCHSCPThe Nasdaq Stock Market LLC
Class B Cumulative Redeemable Preferred Stock, Series 1CHSCOThe Nasdaq Stock Market LLC
Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 2CHSCNThe Nasdaq Stock Market LLC
Class B Reset Rate Cumulative Redeemable Preferred Stock, Series 3CHSCMThe Nasdaq Stock Market LLC
Class B Cumulative Redeemable Preferred Stock, Series 4CHSCLThe Nasdaq Stock Market LLC

SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE

Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes No

Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
Yes No

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes No

Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files).
Yes No

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
Accelerated filer
Non-accelerated filer
þ
Smaller reporting company
Emerging growth company

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the Registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. o

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Act).
Yes No

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the Registrant's most recently completed second fiscal quarter:

The Registrant has no voting or non-voting common equity (the Registrant is a member cooperative).

Indicate the number of shares outstanding of each of the Registrant's classes of common stock, as of the latest practicable date:

The Registrant has no common stock outstanding.

DOCUMENTS INCORPORATED BY REFERENCE
None.





EXPLANATORY NOTE

This Amendment No. 1 to the Annual Report on Form 10-K (this "Amendment") of CHS Inc. ("CHS") amends CHS's Annual Report on Form 10-K for the year ended August 31, 2020, which CHS filed with the Securities and Exchange Commission ("SEC") on November 5, 2020 (the "Original Form 10-K"). CHS is filing this Amendment to amend Item 15 to include the consolidated financial statements of its equity investee, CF Industries Nitrogen, LLC ("CF Nitrogen"), as of December 31, 2020 and 2019, and for the three years ended December 31, 2020 (the "CF Nitrogen Financial Statements") pursuant to Rule 3-09 of SEC Regulation S-X.

Except as otherwise expressly noted, this Amendment does not modify or update in any way (i) the consolidated financial position, the results of operations or cash flows of CHS, or (ii) the disclosures in the Original Form 10-K; nor does it reflect events occurring after the filing of the Original Form 10-K. Accordingly, this Amendment should be read in conjunction with the Original Form 10-K and CHS's other filings made with the SEC subsequent to the filing of the Original Form 10-K.

PART IV

ITEM 15.    EXHIBIT AND FINANCIAL STATEMENT SCHEDULES

    (a)(1) FINANCIAL STATEMENTS

The financial statements of CHS listed in Item 15(a)(1) of the Original Form 10-K are set forth beginning on page F-1 of the Original Form 10-K. The CF Nitrogen Financial Statements are set forth beginning on page 3 of Exhibit 99.1.

(a)(2) FINANCIAL STATEMENT SCHEDULES

Financial statement schedules are included in Item 15(a)(2) of the Original Form 10-K.

    (a)(3) EXHIBITS

EXHIBIT INDEX
2.1
3.1
3.2
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8




4.9
4.10
4.11
4.12
4.13
4.14
4.15
10.1
10.1A
10.2
10.2A
10.2B
10.3
10.3A
10.4
10.4A
10.4B
10.5
10.5A
10.5B
10.6
10.7
10.7A
10.7B
10.7C
10.7D




10.7E
10.7F
10.8
10.8A
10.8B
10.8C
10.9
10.10
10.11
10.12
10.12A
10.12B
10.12C
10.12D
10.13
10.14
10.14A
10.15
10.15A
10.15B
10.15C




10.15D
10.15E
10.16
10.17
10.18
10.19
10.19A
10.19B
10.20
10.21

10.22
10.22A
10.22B
10.22C
10.22D
10.22E




10.22F
10.22G
10.23
10.23A
10.23B
10.24
10.24A
10.25
10.25A
10.25B
10.25C
10.25D
10.26
10.26A
10.27
10.27A
10.28
10.29
10.29A




10.30
10.31
21.1
23.1
23.2
24.1
31.1
31.2
31.3
31.4
32.1
32.2
32.3
32.4
99.1
101.SCHXBRL Taxonomy Extension Schema Document. (***)
101.CALXBRL Taxonomy Extension Calculation Linkbase Document. (***)
101.DEFXBRL Taxonomy Extension Definition Linkbase Document. (***)
101.LABXBRL Taxonomy Extension Labels Linkbase Document. (***)
101.PREXBRL Taxonomy Extension Presentation Linkbase Document. (***)
104Cover Page Interactive Data File (Formatted as Inline XBRL and contained in Exhibit 101).
(*) Filed with the Original Form 10-K on November 5, 2020, incorporated herein by reference.

(**) Portions of Exhibits 2.1 and 10.17 have been omitted pursuant to a confidential treatment order under the Exchange Act.

(***) Filed herewith.

(+) Indicates management contract or compensatory plan or agreement.

(b) EXHIBITS

The exhibits shown in Item 15(a)(3) of this Amendment are being filed herewith.

(c) SCHEDULES

None.






SIGNATURES

    Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on March 1, 2021.

CHS INC.
 By: /s/ Olivia Nelligan
Olivia Nelligan
Executive Vice President and Chief Financial Officer