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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales:      
Products (includes sales to affiliates of $993, $831, and $842) $ 4,334 $ 4,515 $ 5,373
Services (includes sales to affiliates of $8, $4, and $4) 961 973 906
Other 84 106 194
Total net sales 5,379 5,594 6,473
Cost of sales and operating expenses:      
Products 3,992 4,244 4,818
Services 822 866 813
Other 68 88 164
Total cost of sales and operating expenses 4,882 5,198 5,795
Gross income 497 396 678
Selling, general and administrative expenses 275 270 254
Operating income 222 126 424
Other income (expense):      
Interest expense (29) (18) (20)
Interest income 15 40 14
Interest income from affiliates 24 29 27
Income from affiliates 81 70 37
Other investment income (loss), net 69 (5) 2
Foreign currency gains (losses), net 2 1 (9)
Gain on sale of controlling interest in subsidiary     66
Miscellaneous, net   (2) (5)
Total other income, net 162 115 112
Earnings before income taxes 384 241 536
Income tax expense (70) (69) (168)
Net earnings 314 172 368
Less: Net income attributable to noncontrolling interests (2) (1) (1)
Net earnings attributable to Seaboard $ 312 $ 171 $ 367
Earnings per common share $ 266.50 $ 146.44 $ 311.44
Other comprehensive income (loss), net of income tax benefit of $12, $0, and $27:      
Foreign currency translation adjustment $ (26) $ (34) $ (39)
Unrealized gain on investments 1   1
Unrecognized pension cost (1) 9 (33)
Other comprehensive loss, net of tax (26) (25) (71)
Comprehensive income 288 147 297
Less: Comprehensive income attributable to noncontrolling interests (2) (1) (1)
Comprehensive income attributable to Seaboard $ 286 $ 146 $ 296
Average number of shares outstanding (in shares) 1,170,550 1,170,550 1,178,441