Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 125	$ 194
Short-term investments	1,434	1,336
Receivables:
Trade	370	392
Due from affiliates	109	111
Other	195	81
Total receivables	674	584
Allowance for doubtful accounts	(28)	(33)
Net receivables	646	551
Inventories	1,022	815
Prepaid expenses	48	55
Other current assets	75	76
Total current assets	3,350	3,027
Net property, plant and equipment	1,431	1,160
Operating lease right of use assets, net	446
Investments in and advances to affiliates	735	804
Goodwill	164	167
Intangible assets, net	58	69
Other non-current assets	101	80
Total assets	6,285	5,307
Current liabilities:
Lines of credit	246	148
Current maturities of long-term debt	62	39
Accounts payable (includes $14 and $20 to affiliates)	368	238
Accrued compensation and benefits	131	123
Deferred revenue (includes $32 and $31 to affiliates)	80	70
Operating lease liabilities	104
Accrued voyage costs	68	58
Other current liabilities	130	108
Total current liabilities	1,189	784
Long-term debt, less current maturities	730	739
Long-term operating lease liabilities	379
Accrued pension liability	159	136
Deferred income taxes	76	127
Long-term income tax liability related to the 2017 Tax Act mandatory deemed repatriated earnings	62	73
Other liabilities	136	119
Total non-current liabilities	1,542	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	(440)	(410)
Retained earnings	3,983	3,727
Total Seaboard stockholders' equity	3,544	3,318
Noncontrolling interests	10	11
Total equity	3,554	3,329
Total liabilities and stockholders' equity	$ 6,285	$ 5,307