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Condensed Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Net sales:    
Total net sales $ 1,683 $ 1,543
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 1,548 1,493
Gross income 135 50
Selling, general and administrative expenses 72 84
Operating income (loss) 63 (34)
Other income (expense):    
Interest expense (5) (6)
Interest income 7 7
Loss from affiliates (4) (18)
Other investment income (loss), net (225) 113
Foreign currency gains (losses), net (11) 3
Miscellaneous, net 1  
Total other income (loss), net (237) 99
Earnings (loss) before income taxes (174) 65
Income tax benefit (expense) 71 (8)
Net earnings (loss) (103) 57
Less: Net loss (income) attributable to noncontrolling interests 0 0
Net earnings (loss) attributable to Seaboard $ (103) $ 57
Earnings (loss) per common share $ (88.43) $ 48.79
Average number of shares outstanding (in shares) 1,163,888 1,167,430
Other comprehensive income (loss), net of income tax expense of $0 and $0:    
Foreign currency translation adjustment $ 3 $ (2)
Unrecognized pension cost 2 3
Other comprehensive income, net of tax 5 1
Comprehensive income (loss) (98) 58
Less: Comprehensive loss (income) attributable to noncontrolling interests 0 0
Comprehensive income (loss) attributable to Seaboard (98) 58
Products    
Net sales:    
Total net sales 1,382 1,245
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 1,278 1,230
Services    
Net sales:    
Total net sales 283 269
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 256 240
Other    
Net sales:    
Total net sales 18 29
Cost of sales and operating expenses:    
Total cost of sales and operating expenses $ 14 $ 23