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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Net sales:    
Net sales $ 1,579 $ 1,399
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 1,407 1,261
Gross income 172 138
Selling, general and administrative expenses 75 70
Operating income 97 68
Other income (expense):    
Interest expense (8) (3)
Interest income 2 2
Interest income from affiliates 1 6
Income (loss) from affiliates (6) 1
Other investment income (loss), net (37) 37
Foreign currency gains, net 4 3
Miscellaneous, net 1 (2)
Total other income (loss), net (43) 44
Earnings before income taxes 54 112
Income tax expense (22) (28)
Net earnings 32 84
Less: Net loss attributable to noncontrolling interests   1
Net earnings attributable to Seaboard $ 32 $ 85
Earnings per common share $ 26.75 $ 71.84
Other comprehensive income (loss), net of income tax expense of $0 and $(1):    
Foreign currency translation adjustment $ (10) $ (2)
Unrealized gain on investments   1
Unrecognized pension cost 1 1
Other comprehensive loss, net of tax (9)  
Comprehensive income 23 84
Less: Comprehensive loss attributable to noncontrolling interests   1
Comprehensive income attributable to Seaboard $ 23 $ 85
Average number of shares outstanding (in shares) 1,170,550 1,170,550
Dividends declared per common share (in dollars per share) $ 1.50 $ 1.50
Products    
Net sales:    
Net sales $ 1,291 $ 1,125
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 1,145 1,022
Services    
Net sales:    
Net sales 264 249
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 240 219
Other    
Net sales:    
Net sales 24 25
Cost of sales and operating expenses:    
Total cost of sales and operating expenses $ 22 $ 20