Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 27, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 79	$ 125
Short-term investments	1,178	1,434
Receivables, net	551	646
Inventories	989	1,022
Other current assets	117	123
Total current assets	2,914	3,350
Property, plant and equipment, net	1,479	1,431
Operating lease right of use assets, net	429	446
Investments in and advances to affiliates	706	735
Goodwill	163	164
Other non-current assets	182	159
Total assets	5,873	6,285
Current liabilities:
Lines of credit	220	246
Current maturities of long-term debt	82	62
Accounts payable	189	368
Deferred revenue	44	80
Operating lease liabilities	113	104
Other current liabilities	374	329
Total current liabilities	1,022	1,189
Long-term debt, less current maturities	687	730
Deferred income taxes	29	76
Long-term income tax liability	62	62
Long-term operating lease liabilities	354	379
Other liabilities	329	295
Total non-current liabilities	1,461	1,542
Commitments and contingent liabilities
Stockholders' equity:
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 1,160,779 shares in 2020 and 1,164,848 shares in 2019	1	1
Accumulated other comprehensive loss	(454)	(440)
Retained earnings	3,833	3,983
Total Seaboard stockholders' equity	3,380	3,544
Noncontrolling interests	10	10
Total equity	3,390	3,554
Total liabilities and stockholders' equity	$ 5,873	$ 6,285