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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 75 $ 76
Short-term investments 1,416 1,465
Receivables:    
Receivables, net 762 532
Inventories 1,663 1,178
Other current assets 131 103
Total current assets 4,047 3,354
Property, plant and equipment, net 1,892 1,582
Operating lease right of use assets, net 496 390
Investments in and advances to affiliates 651 698
Goodwill 163 167
Other intangible assets, net 45 54
Other non-current assets 209 154
Total assets 7,503 6,399
Current liabilities:    
Lines of credit 516 222
Current maturities of long-term debt 8 55
Accounts payable (includes $1 and $7 to affiliates) 404 276
Accrued compensation and benefits 143 110
Deferred revenue (includes $24 and $38 to affiliates) 108 89
Operating lease liabilities 171 111
Accrued voyage costs 60 68
Other current liabilities 142 145
Total current liabilities 1,552 1,076
Long-term debt, less current maturities 708 707
Long-term operating lease liabilities 360 318
Accrued pension liability 131 179
Deferred income taxes 99 103
Other liabilities 219 188
Total non-current liabilities 1,517 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 in 2020 1 1
Accumulated other comprehensive loss (432) (471)
Retained earnings 4,847 4,287
Total Seaboard stockholders' equity 4,416 3,817
Noncontrolling interests 18 11
Total equity 4,434 3,828
Total liabilities and stockholders' equity $ 7,503 $ 6,399