Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 03, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 92	$ 76
Short-term investments	1,483	1,465
Receivables, net of allowance for credit losses of $30 and $28	642	532
Inventories	1,497	1,178
Other current assets	164	103
Total current assets	3,878	3,354
Property, plant and equipment, net	1,744	1,582
Operating lease right of use assets, net	416	390
Investments in and advances to affiliates	666	698
Goodwill	164	167
Other non-current assets	202	208
Total assets	7,070	6,399
Current liabilities:
Lines of credit	474	222
Current maturities of long-term debt	9	55
Accounts payable	390	276
Deferred revenue	95	89
Operating lease liabilities	137	111
Other current liabilities	308	323
Total current liabilities	1,413	1,076
Long-term debt, less current maturities	711	707
Deferred income taxes	85	103
Long-term operating lease liabilities	315	318
Other liabilities	363	367
Total non-current liabilities	1,474	1,495
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 2021 and 2020	1	1
Accumulated other comprehensive loss	(466)	(471)
Retained earnings	4,637	4,287
Total Seaboard stockholders' equity	4,172	3,817
Noncontrolling interests	11	11
Total equity	4,183	3,828
Total liabilities and stockholders' equity	$ 7,070	$ 6,399