Investments

3 Months Ended

Mar. 28, 2020

Investments

Investments

Note 2 – Investments

The following is a summary of the estimated fair value of short-term investments classified as trading securities:

	March 28,		December 31,
(Millions of dollars)	2020		2019
Domestic equity securities	$	473	$	706
Domestic debt securities		360		409
Foreign equity securities		147		189
Foreign debt securities		54		43
High yield securities		51		56
Money market funds held in trading accounts		23		12
Collateralized loan obligations		13		15
Other trading securities		4		4
Total trading short-term investments	$	1,125	$	1,434

The change in unrealized gains (losses) related to trading securities still held at the end of the respective reporting period was $(236) million and $104 million for the three months ended March 28, 2020 and March 30, 2019, respectively.

Seaboard had $47 million of equity securities denominated in foreign currencies as of March 28, 2020, with $23 million in euros, $10 million in Japanese yen, $5 million in British pounds and the remaining $9 million in various other currencies. As of December 31, 2019, Seaboard had $62 million of equity securities denominated in foreign currencies, with $32 million in euros, $12 million in Japanese yen, $8 million in British pound and the remaining $10 million in various other currencies. Seaboard had $13 million of debt securities denominated in euros as of March 28, 2020 and December 31, 2019, respectively.