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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 70 $ 75
Short-term investments 1,023 1,416
Receivables, net of allowance for credit losses of $32 and $31 884 762
Inventories 1,816 1,663
Other current assets 162 131
Total current assets 3,955 4,047
Property, plant and equipment, net 2,227 1,892
Operating lease right of use assets, net 403 496
Investments in and advances to affiliates 717 651
Goodwill 159 163
Other non-current assets 283 254
Total assets 7,744 7,503
Current liabilities:    
Lines of credit 490 516
Accounts payable 421 404
Deferred revenue 124 108
Operating lease liabilities 155 171
Other current liabilities 408 353
Total current liabilities 1,598 1,552
Long-term debt, less current maturities 703 708
Deferred income taxes   99
Long-term operating lease liabilities 279 360
Other non-current liabilities 393 350
Total non-current liabilities 1,375 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 (446) (432)
Retained earnings 5,197 4,847
Total Seaboard stockholders' equity 4,752 4,416
Noncontrolling interests 19 18
Total equity 4,771 4,434
Total liabilities and stockholders' equity $ 7,744 $ 7,503