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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 70 $ 77
Short-term investments 1,391 1,277
Receivables, net 605 627
Inventories 722 762
Other current assets 119 105
Total current assets 2,907 2,848
Net property, plant and equipment 1,034 1,006
Investments in and advances to affiliates 824 773
Notes receivable from affiliates, net 19 26
Other non-current assets 78 102
Total assets 4,862 4,755
Current liabilities:    
Notes payable to banks 142 121
Current maturities of long-term debt 18 17
Accounts payable 188 216
Deferred revenue 98 114
Other current liabilities 295 317
Total current liabilities 741 785
Long-term debt, less current maturities 495 499
Deferred income taxes 96 77
Other liabilities and deferred credits 212 219
Total non-current liabilities 803 795
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 1,170,550 shares 1 1
Accumulated other comprehensive loss (300) (304)
Retained earnings 3,604 3,465
Total Seaboard stockholders' equity 3,305 3,162
Noncontrolling interests 13 13
Total equity 3,318 3,175
Total liabilities and stockholders' equity $ 4,862 $ 4,755