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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 199 $ 75
Short-term investments 1,086 1,416
Receivables:    
Receivables, net 923 762
Inventories 1,670 1,663
Other current assets 139 131
Total current assets 4,017 4,047
Property, plant and equipment, net 2,246 1,892
Operating lease right of use assets, net 445 496
Investments in and advances to affiliates 753 651
Goodwill 154 163
Other intangible assets, net 31 45
Other non-current assets 256 209
Total assets 7,902 7,503
Current liabilities:    
Lines of credit 457 516
Accounts payable 429 404
Accrued compensation and benefits 158 143
Deferred revenue 70 108
Operating lease liabilities 156 171
Accrued voyage costs 61 60
Other current liabilities 198 150
Total current liabilities 1,529 1,552
Long-term debt, less current maturities 702 708
Long-term operating lease liabilities 318 360
Accrued pension liability 71 131
Deferred income taxes   99
Other non-current liabilities 268 219
Total liabilities 2,888 3,069
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 (422) (432)
Retained earnings 5,417 4,847
Total Seaboard stockholders' equity 4,996 4,416
Noncontrolling interests 18 18
Total equity 5,014 4,434
Total liabilities and equity $ 7,902 $ 7,503