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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Jul. 02, 2016
Jul. 04, 2015
Net sales:        
Products (includes sales to affiliates of $212, $212, $436 and $424) $ 1,094 $ 1,148 $ 2,160 $ 2,325
Services (includes sales to affiliates of $1, $0, $1 and $0) 243 252 479 501
Other 20 28 37 54
Total net sales 1,357 1,428 2,676 2,880
Cost of sales and operating expenses:        
Products 981 1,081 1,971 2,200
Services 209 224 421 443
Other 16 23 33 44
Total cost of sales and operating expenses 1,206 1,328 2,425 2,687
Gross income 151 100 251 193
Selling, general and administrative expenses 75 68 139 133
Operating income 76 32 112 60
Other income (expense):        
Interest expense (8) (3) (16) (8)
Interest income   3 4 6
Interest income from affiliates 6 7 12 14
Income from affiliates 11 12 33 23
Other investment income (loss), net 8 (3) 13 4
Foreign currency gains, net 2 1 9 2
Miscellaneous, net 1 2 (2) (2)
Total other income, net 20 19 53 39
Earnings before income taxes 96 51 165 99
Income tax expense (16) (19) (30) (34)
Net earnings 80 32 135 65
Less: Net income attributable to noncontrolling interests     (1)  
Net earnings attributable to Seaboard $ 80 $ 32 $ 134 $ 65
Earnings per common share $ 68.34 $ 27.04 $ 114.25 $ 55.15
Other comprehensive income (loss), net of income tax benefit (expense) of $(2), $1, $8 and $1:        
Foreign currency translation adjustment $ 10 $ (9) $ (16) $ (15)
Unrealized gain on investments       1
Unrecognized pension cost 1 1 2 2
Other comprehensive income (loss), net of tax 11 (8) (14) (12)
Comprehensive income 91 24 121 53
Less: Comprehensive income attributable to noncontrolling interests     (1)  
Comprehensive income attributable to Seaboard $ 91 $ 24 $ 120 $ 53
Average number of shares outstanding (in shares) 1,170,550 1,170,550 1,170,550 1,170,550