Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 26, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 92	$ 125
Short-term investments	1,245	1,434
Receivables, net	525	646
Inventories	1,062	1,022
Other current assets	91	123
Total current assets	3,015	3,350
Property, plant and equipment, net	1,514	1,431
Operating lease right of use assets, net	404	446
Investments in and advances to affiliates	698	735
Goodwill	164	164
Other non-current assets	181	159
Total assets	5,976	6,285
Current liabilities:
Lines of credit	271	246
Current maturities of long-term debt	56	62
Accounts payable	210	368
Deferred revenue	58	80
Operating lease liabilities	111	104
Other current liabilities	304	329
Total current liabilities	1,010	1,189
Long-term debt, less current maturities	683	730
Deferred income taxes	24	76
Long-term income tax liability	62	62
Long-term operating lease liabilities	331	379
Other liabilities	321	295
Total non-current liabilities	1,421	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	(444)	(440)
Retained earnings	3,978	3,983
Total Seaboard stockholders' equity	3,535	3,544
Noncontrolling interests	10	10
Total equity	3,545	3,554
Total liabilities and stockholders' equity	$ 5,976	$ 6,285