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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 02, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 94 $ 75
Short-term investments 1,295 1,416
Receivables, net of allowance for credit losses of $31 and $31 843 762
Inventories 1,698 1,663
Other current assets 139 131
Total current assets 4,069 4,047
Property, plant and equipment, net 2,047 1,892
Operating lease right of use assets, net 467 496
Investments in and advances to affiliates 679 651
Goodwill 161 163
Other non-current assets 246 254
Total assets 7,669 7,503
Current liabilities:    
Lines of credit 531 516
Accounts payable 466 404
Deferred revenue 115 108
Operating lease liabilities 166 171
Other current liabilities 354 353
Total current liabilities 1,632 1,552
Long-term debt, less current maturities 705 708
Deferred income taxes 76 99
Long-term operating lease liabilities 334 360
Other liabilities 388 350
Total non-current liabilities 1,503 1,517
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 2022 and in 2021 1 1
Accumulated other comprehensive loss (433) (432)
Retained earnings 4,947 4,847
Total Seaboard stockholders' equity 4,515 4,416
Noncontrolling interests 19 18
Total equity 4,534 4,434
Total liabilities and stockholders' equity $ 7,669 $ 7,503