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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 100 $ 199
Short-term investments 1,134 1,086
Receivables:    
Trade 507 588
Other 126 171
Total receivables 754 954
Allowance for credit losses (27) (31)
Receivables, net 727 923
Inventories 1,516 1,670
Other current assets 128 139
Total current assets 3,605 4,017
Property, plant and equipment, net of accumulated depreciation of $1,902 and $1,744 2,332 2,246
Operating lease right of use assets, net 368 445
Investments in and advances to affiliates 742 753
Goodwill 162 154
Other non-current assets 387 287
Total assets 7,596 7,902
Current liabilities:    
Lines of credit 170 457
Accounts payable 369 429
Deferred revenue (includes $32 and $12 from affiliates) 98 70
Operating lease liabilities 130 156
Other current liabilities 398 417
Total current liabilities 1,165 1,529
Long-term debt, less current maturities 696 702
Long-term operating lease liabilities 265 318
Other non-current liabilities 287 339
Total liabilities 2,413 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 5,572 5,417
Total Seaboard stockholders' equity 5,165 4,996
Noncontrolling interests 18 18
Total equity 5,183 5,014
Total liabilities and stockholders' equity 7,596 7,902
Affiliates    
Receivables:    
Due from affiliates $ 121 $ 195