Investments

6 Months Ended

Jun. 27, 2020

Investments

Investments

Note 2 – Investments

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

	June 27,		December 31,
(Millions of dollars)	2020		2019
Domestic equity securities	$	546	$	706
Domestic debt securities		389		409
Foreign equity securities		100		189
Foreign debt securities		54		43
High yield securities		46		56
Money market funds held in trading accounts		24		12
Collateralized loan obligations		14		15
Other trading securities		5		4
Total trading short-term investments	$	1,178	$	1,434

The change in unrealized gains (losses) related to trading securities still held at the end of the respective reporting period was $113 million and $(97) million for the three and six months ended June 27, 2020, respectively, and $38 million and $126 million for the three and six months ended June 29, 2019, respectively.

Seaboard had no equity securities denominated in foreign currencies as of June 27, 2020. 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 pounds and the remaining $10 million in various other currencies. Seaboard had $15 million and $13 million of debt securities denominated in euros as of June 27, 2020 and December 31, 2019, respectively.