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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Net sales:    
Total net sales $ 2,499 $ 2,709
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 2,465 2,473
Gross income 34 236
Selling, general and administrative expenses 97 90
Operating income (loss) (63) 146
Other income (expense):    
Interest expense (12) 2
Interest income 13 5
Income from affiliates 26 23
Other investment income (loss), net 27 (65)
Foreign currency losses, net (4)  
Miscellaneous, net   8
Total other income (loss), net 50 (27)
Earnings (losses) before income taxes (13) 119
Income tax expense (3) (15)
Net earnings (loss) (16) 104
Less: Net income attributable to noncontrolling interests 0 (1)
Net earnings (losses) attributable to Seaboard $ (16) $ 103
Earnings per common share (in dollars per share) $ (13.78) $ 89.28
Average number of shares outstanding (in shares) 1,160,779 1,160,779
Other comprehensive income (loss), net of income tax expense of $0 and $0:    
Foreign currency translation adjustment $ 12 $ (1)
Unrecognized pension cost 2  
Other comprehensive income (loss), net of tax 14 (1)
Comprehensive income (loss) (2) 103
Less: Comprehensive income attributable to noncontrolling interests 0 (1)
Comprehensive income (loss) attributable to Seaboard (2) 102
Products    
Net sales:    
Total net sales 1,984 2,214
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 2,094 2,121
Services    
Net sales:    
Total net sales 463 477
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 331 331
Other    
Net sales:    
Total net sales 52 18
Cost of sales and operating expenses:    
Total cost of sales and operating expenses $ 40 $ 21