Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 110	$ 194
Short-term investments	1,440	1,336
Receivables, net	546	551
Inventories	871	815
Other current assets	107	131
Total current assets	3,074	3,027
Property, plant and equipment, net	1,288	1,160
Operating lease right of use assets, net	453
Investments in and advances to affiliates	783	804
Goodwill	165	167
Other non-current assets	138	149
Total assets	5,901	5,307
Current liabilities:
Notes payable to banks	160	148
Current maturities of long-term debt	54	39
Accounts payable	262	238
Deferred revenue	37	39
Deferred revenue from affiliates	28	31
Operating lease liabilities	98
Other current liabilities	266	289
Total current liabilities	905	784
Long-term debt, less current maturities	734	739
Long-term operating lease liabilities	391
Deferred income taxes	143	127
Long-term income tax liability	73	73
Other liabilities	236	255
Total non-current liabilities	1,577	1,194
Commitments and contingent liabilities
Stockholders' equity:
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 1,165,407 shares in 2019 and 1,169,217 shares in 2018	1	1
Accumulated other comprehensive loss	(415)	(410)
Retained earnings	3,823	3,727
Total Seaboard stockholders' equity	3,409	3,318
Noncontrolling interests	10	11
Total equity	3,419	3,329
Total liabilities and stockholders' equity	$ 5,901	$ 5,307