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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 100 $ 116
Short-term investments 1,264 1,576
Receivables, net 608 482
Inventories 797 780
Other current assets 134 174
Total current assets 2,903 3,128
Net property, plant and equipment 1,126 1,077
Investments in and advances to affiliates 866 851
Other non-current assets 360 105
Total assets 5,255 5,161
Current liabilities:    
Notes payable to banks 198 162
Current maturities of long-term debt 23 53
Accounts payable 221 272
Deferred revenue 75 81
Other current liabilities 270 250
Total current liabilities 787 818
Long-term debt, less current maturities 522 482
Deferred income taxes 150 112
Long-term income tax liability 111 111
Other liabilities 252 230
Total non-current liabilities 1,035 935
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 (370) (354)
Retained earnings 3,787 3,750
Total Seaboard stockholders' equity 3,418 3,397
Noncontrolling interests 15 11
Total equity 3,433 3,408
Total liabilities and stockholders' equity $ 5,255 $ 5,161