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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 28, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 121 $ 194
Short-term investments 1,418 1,336
Receivables, net 529 551
Inventories 916 815
Other current assets 112 131
Total current assets 3,096 3,027
Property, plant and equipment, net 1,358 1,160
Operating lease right of use assets, net 443  
Investments in and advances to affiliates 734 804
Goodwill 165 167
Other non-current assets 150 149
Total assets 5,946 5,307
Current liabilities:    
Lines of credit 210 148
Current maturities of long-term debt 58 39
Accounts payable 235 238
Deferred revenue 46 39
Deferred revenue from affiliates 34 31
Operating lease liabilities 97  
Other current liabilities 279 289
Total current liabilities 959 784
Long-term debt, less current maturities 733 739
Long-term operating lease liabilities 382  
Deferred income taxes 127 127
Long-term income tax liability 73 73
Other liabilities 262 255
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 1,164,848 shares in 2019 and 1,169,217 shares in 2018 1 1
Accumulated other comprehensive loss (412) (410)
Retained earnings 3,811 3,727
Total Seaboard stockholders' equity 3,400 3,318
Noncontrolling interests 10 11
Total equity 3,410 3,329
Total liabilities and stockholders' equity $ 5,946 $ 5,307