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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 79 $ 116
Short-term investments 1,264 1,576
Receivables, net 521 482
Inventories 874 780
Other current assets 128 174
Total current assets 2,866 3,128
Net property, plant and equipment 1,104 1,077
Investments in and advances to affiliates 849 851
Other non-current assets 357 105
Total assets 5,176 5,161
Current liabilities:    
Notes payable to banks 141 162
Current maturities of long-term debt 24 53
Accounts payable 238 272
Deferred revenue 56 81
Other current liabilities 283 250
Total current liabilities 742 818
Long-term debt, less current maturities 508 482
Deferred income taxes 146 112
Long-term income tax liability 102 111
Other liabilities 260 230
Total non-current liabilities 1,016 935
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 (390) (354)
Retained earnings 3,792 3,750
Total Seaboard stockholders' equity 3,403 3,397
Noncontrolling interests 15 11
Total equity 3,418 3,408
Total liabilities and stockholders' equity $ 5,176 $ 5,161