Investments

9 Months Ended

Sep. 26, 2020

Investments

Investments

Note 2 – Investments

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

	September 26,		December 31,
(Millions of dollars)	2020		2019
Domestic equity securities	$	613	$	706
Domestic debt securities		391		409
Foreign equity securities		107		189
Foreign debt securities		57		43
High yield securities		55		56
Collateralized loan obligations		16		15
Money market funds held in trading accounts		2		12
Other trading securities		4		4
Total trading short-term investments	$	1,245	$	1,434

The change in unrealized gains (losses) related to trading securities still held at the end of the respective reporting period was $53 million and $(45) million for the three and nine months ended September 26, 2020, respectively, and $2 million and $124 million for the three and nine months ended September 28, 2019, respectively.

As of September 26, 2020, Seaboard had $1 million of equity securities denominated in foreign currencies all in Canadian dollars. 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 $21 million and $13 million of debt securities denominated in euros as of September 26, 2020 and December 31, 2019, respectively.