XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 68 $ 199
Short-term investments 1,225 1,086
Receivables:    
Trade 553 588
Other 142 171
Total receivables 843 954
Allowance for credit losses (27) (31)
Receivables, net 816 923
Inventories 1,610 1,670
Other current assets 147 139
Total current assets 3,866 4,017
Property, plant and equipment, net of accumulated depreciation of $1,850 and $1,744 2,287 2,246
Operating lease right of use assets, net 402 445
Investments in and advances to affiliates 734 753
Goodwill 162 154
Other non-current assets 354 287
Total assets 7,805 7,902
Current liabilities:    
Lines of credit 444 457
Accounts payable 348 429
Deferred revenue (includes $30 and $12 from affiliates) 79 70
Operating lease liabilities 148 156
Other current liabilities 439 417
Total current liabilities 1,458 1,529
Long-term debt, less current maturities 698 702
Long-term operating lease liabilities 281 318
Other non-current liabilities 306 339
Total liabilities 2,743 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 (405) (422)
Retained earnings 5,448 5,417
Total Seaboard stockholders' equity 5,044 4,996
Noncontrolling interests 18 18
Total equity 5,062 5,014
Total liabilities and equity 7,805 7,902
Affiliates    
Receivables:    
Due from affiliates $ 148 $ 195