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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Net sales:    
Total net sales $ 2,191 $ 2,499
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 2,104 2,465
Gross income 87 34
Selling, general and administrative expenses 107 97
Operating loss (20) (63)
Other income (expense):    
Interest expense (12) (12)
Interest income (includes $1 and $2 from affiliates) 19 13
Income from affiliates 19 26
Other investment income, net 18 27
Foreign currency losses, net (1) (4)
Miscellaneous, net 0 0
Total other income, net 43 50
Earnings (loss) before income taxes 23 (13)
Income tax expense (1) (3)
Net earnings (loss) 22 (16)
Net earnings (loss) attributable to Seaboard $ 22 $ (16)
Earnings (loss) per common share (in dollars per share) $ 22.66 $ (13.78)
Average number of shares outstanding (in shares) 971,055 1,160,779
Other comprehensive income, net of income tax expense of $0, $0:    
Foreign currency translation adjustment $ (2) $ 12
Unrecognized pension cost 2 2
Other comprehensive income, net of tax 0 14
Comprehensive income (loss) 22 (2)
Comprehensive income (loss) attributable to Seaboard 22 (2)
Products    
Net sales:    
Total net sales 1,792 1,984
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 1,769 2,094
Services    
Net sales:    
Total net sales 350 463
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 297 331
Other    
Net sales:    
Total net sales 49 52
Cost of sales and operating expenses:    
Total cost of sales and operating expenses $ 38 $ 40