XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 78 $ 56
Short-term investments 1,079 973
Receivables:    
Trade 535 500
Other 152 152
Total receivables 805 779
Allowance for credit losses (31) (30)
Receivables, net 774 749
Inventories 1,324 1,462
Other current assets 132 123
Total current assets 3,387 3,363
Property, plant and equipment, net of accumulated depreciation of of $2,012 and $1,956 2,433 2,410
Operating lease right of use assets, net 402 394
Investments in and advances to affiliates 744 731
Goodwill 163 160
Deferred tax asset 212 199
Other non-current assets 236 309
Total assets 7,577 7,566
Current liabilities:    
Lines of credit 389 255
Accounts payable (includes $1 and $1 from affiliates) 348 400
Deferred revenue (includes $33 and $28 from affiliates) 60 66
Operating lease liabilities 123 117
Other current liabilities 414 497
Total current liabilities 1,334 1,335
Long-term debt, less current maturities 994 997
Long-term operating lease liabilities 305 304
Other non-current liabilities 290 296
Total liabilities 2,923 2,932
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 971,055 shares in 2024 and 2023 1 1
Accumulated other comprehensive loss (410) (410)
Retained earnings 5,045 5,025
Total Seaboard stockholders' equity 4,636 4,616
Noncontrolling interests 18 18
Total equity 4,654 4,634
Total liabilities and stockholders' equity 7,577 7,566
Affiliates    
Receivables:    
Due from affiliates $ 118 $ 127