XML 25 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 77 $ 50
Short-term investments 1,277 1,254
Receivables:    
Trade 269 330
Due from affiliates 110 86
Notes receivable from affiliate 163  
Other 99 115
Total receivables 641 531
Allowance for doubtful accounts (14) (21)
Net receivables 627 510
Inventories 762 739
Other current assets 105 111
Total current assets 2,848 2,664
Net property, plant and equipment 1,006 831
Investments in and advances to affiliates 773 671
Notes receivable from affiliates 26 200
Goodwill 19 12
Other intangible assets, net 3 3
Other non-current assets 80 50
Total assets 4,755 4,431
Current liabilities:    
Notes payable to banks 121 141
Current maturities of long-term debt 17 4
Accounts payable 194 200
Payables due to affiliates 22 39
Accrued compensation and benefits 118 121
Deferred revenue 66 47
Deferred revenue from affiliates 48 46
Accrued voyage costs 52 44
Accrued commodity inventory 35 26
Other current liabilities 112 98
Total current liabilities 785 766
Long-term debt, less current maturities 499 518
Accrued pension liability 121 132
Deferred income taxes 77 41
Other liabilities and deferred credits 98 92
Total non-current liabilities 795 783
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 1,170,550 1 1
Accumulated other comprehensive loss (304) (278)
Retained earnings 3,465 3,153
Total Seaboard stockholders' equity 3,162 2,876
Noncontrolling interests 13 6
Total equity 3,175 2,882
Total liabilities and stockholders' equity $ 4,755 $ 4,431