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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 50 $ 36
Short-term investments 1,254 491
Receivables:    
Trade 330 328
Due from affiliates 86 202
Other 115 116
Total receivables 531 646
Allowance for doubtful accounts (21) (12)
Net receivables 510 634
Inventories 739 736
Deferred income taxes   46
Other current assets 111 110
Total current assets 2,664 2,053
Net property, plant and equipment 831 847
Investments in and advances to affiliates 671 543
Notes receivable from affiliates 200 197
Goodwill 12 15
Other intangible assets, net 3 4
Other non-current assets 50 33
Total assets 4,431 3,692
Current liabilities:    
Notes payable to banks 141 76
Current maturities of long-term debt 4  
Accounts payable 200 182
Payables due to affiliates 39 32
Accrued compensation and benefits 121 126
Deferred revenue 47 44
Deferred revenue from affiliates 46 7
Accrued voyage costs 44 45
Accrued commodity inventory 26 30
Other current liabilities 98 93
Total current liabilities 766 635
Long-term debt, less current maturities 518  
Accrued pension liability 132 136
Deferred income taxes 41 96
Other liabilities and deferred credits 92 90
Total non-current liabilities $ 783 $ 322
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 1,170,550 $ 1 $ 1
Accumulated other comprehensive income (loss) (278) (253)
Retained earnings 3,153 2,982
Total Seaboard stockholders' equity 2,876 2,730
Noncontrolling interests 6 5
Total equity 2,882 2,735
Total liabilities and stockholders' equity $ 4,431 $ 3,692