Stockholders' Equity and Accumulated Other Comprehensive Loss

6 Months Ended

Jul. 03, 2021

Stockholders' Equity and Accumulated Other Comprehensive Loss

Stockholders' Equity and Accumulated Other Comprehensive Loss

Note 7 – Stockholders’ Equity and Accumulated Other Comprehensive Loss

Seaboard’s share repurchase program expired on October 31, 2020. Under this share repurchase program, Seaboard was authorized to repurchase its common stock from time to time in open market or privately negotiated purchases, which may have been above or below the traded market price. During 2020, Seaboard repurchased 4,069 shares of common stock at a total price of $13 million. Shares repurchased were retired and became authorized and unissued shares.

The components of accumulated other comprehensive loss, net of related taxes, were as follows:

	July 3,		December 31,
(Millions of dollars)	2021		2020
Cumulative foreign currency translation adjustment	$	(376)	$	(376)
Cumulative unrecognized pension cost		(90)		(95)
Total accumulated other comprehensive loss	$	(466)	$	(471)