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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 84 $ 199
Short-term investments 1,213 1,086
Receivables:    
Trade 601 588
Due from affiliates 139 195
Other 125 171
Total receivables 865 954
Allowance for credit losses (31) (31)
Receivables, net 834 923
Inventories 1,587 1,670
Other current assets 148 139
Total current assets 3,866 4,017
Property, plant and equipment, net of accumulated depreciation of $1,794 and $1,744 2,260 2,246
Operating lease right of use assets, net 420 445
Investments in and advances to affiliates 759 753
Goodwill 161 154
Other non-current assets 329 287
Total assets 7,795 7,902
Current liabilities:    
Lines of credit 459 457
Accounts payable 368 429
Deferred revenue (includes $39 and $12 from affiliates) 101 70
Operating lease liabilities 151 156
Other current liabilities 374 417
Total current liabilities 1,453 1,529
Long-term debt, less current maturities 699 702
Long-term operating lease liabilities 299 318
Other non-current liabilities 335 339
Total liabilities 2,786 2,888
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 2023 and 2022 1 1
Accumulated other comprehensive loss (408) (422)
Retained earnings 5,398 5,417
Total Seaboard stockholders' equity 4,991 4,996
Noncontrolling interests 18 18
Total equity 5,009 5,014
Total liabilities and equity $ 7,795 $ 7,902