Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 76	$ 125
Short-term investments	1,465	1,434
Receivables:
Trade	381	370
Due from affiliates	111	109
Other	68	195
Total receivables	560	674
Allowance for credit losses	(28)	(28)
Net receivables	532	646
Inventories	1,178	1,086
Prepaid expenses	44	48
Other current assets	59	75
Total current assets	3,354	3,414
Net property, plant and equipment	1,582	1,431
Operating lease right of use assets, net	390	446
Investments in and advances to affiliates	698	735
Goodwill	167	164
Other intangible assets, net	54	58
Other non-current assets	154	101
Total assets	6,399	6,349
Current liabilities:
Lines of credit	222	246
Current maturities of long-term debt	55	62
Accounts payable (includes $7 and $14 to affiliates)	276	368
Accrued compensation and benefits	110	131
Deferred revenue (includes $38 and $32 to affiliates)	89	80
Operating lease liabilities	111	104
Accrued voyage costs	68	68
Other current liabilities	145	130
Total current liabilities	1,076	1,189
Long-term debt, less current maturities	707	730
Long-term operating lease liabilities	318	379
Accrued pension liability	179	159
Deferred income taxes	103	93
Long-term income tax liability	6	62
Other liabilities	182	136
Total non-current liabilities	1,495	1,559
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	(471)	(440)
Retained earnings	4,287	4,030
Total Seaboard stockholders' equity	3,817	3,591
Noncontrolling interests	11	10
Total equity	3,828	3,601
Total liabilities and stockholders' equity	$ 6,399	$ 6,349