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v3.7.0.1

Notes Payable, Long-term Debt, Commitments and Contingencies (Details) $ in Millions |  | 6 Months Ended |  |
--- | --- | --- | --- | ---
Jul. 21, 2017 USD ($) | Jul. 01, 2017 USD ($) item | Dec. 31, 2016 USD ($) | Sep. 19, 2012 item
Debt Instrument |  |  |  |
Total long-term debt at face value |  | $ 514 | $ 517 |
Current maturities of long-term debt and unamortized discount |  | (19) | (18) |
Long-term debt, less current maturities and unamortized discount |  | $ 495 | $ 499 |
Contingencies |  |  |  |
Number of search warrants executed authorizing the seizure of certain records from Seaboard's offices in Merriam, Kansas and at the Seaboard Foods employment office and the human resources department in Guymon, Oklahoma. | item |  |  |  | 3
Number of civil or criminal proceedings or charges filed | item |  | 0 |  |
Regulatory Action | Maximum |  |  |  |
Contingencies |  |  |  |
Proposed civil penalty | $ 1 |  |  |
Notes payable to bank |  |  |  |
Debt Instrument |  |  |  |
Notes payable outstanding |  | $ 142 |  |
Weighted average interest rate (as a percent) |  | 12.92% | 14.88% |
Uncommitted bank lines |  |  |  |
Debt Instrument |  |  |  |
Notes payable outstanding |  | $ 142 |  |
Maximum capacity |  | 382 |  |
Letters of credit outstanding |  | 7 |  |
Committed bank line |  |  |  |
Debt Instrument |  |  |  |
Maximum capacity |  | 100 |  |
Outstanding balance |  | 0 |  |
Term loan due 2022 |  |  |  |
Debt Instrument |  |  |  |
Total long-term debt at face value |  | $ 491 | $ 497 |
Effective interest rate (as a percent) |  | 2.85% | 2.40% |
Foreign subsidiary obligations due 2018 through 2023 |  |  |  |
Debt Instrument |  |  |  |
Total long-term debt at face value |  | $ 23 | $ 20 |
Effective interest rate (as a percent) |  | 18.05% | 22.39% |
Foreign subsidiaries |  |  |  |
Debt Instrument |  |  |  |
Notes payable outstanding |  | $ 124 |  |
Foreign subsidiaries | Uncommitted bank lines |  |  |  |
Debt Instrument |  |  |  |
Maximum capacity |  | 332 |  |
Foreign subsidiaries | South African Rand | Notes payable to bank |  |  |  |
Debt Instrument |  |  |  |
Notes payable outstanding |  | 82 |  |
Foreign subsidiaries | Argentine pesos | Notes payable to bank |  |  |  |
Debt Instrument |  |  |  |
Notes payable outstanding |  | 40 |  |
Foreign subsidiaries | Zambian kwacha | Notes payable to bank |  |  |  |
Debt Instrument |  |  |  |
Notes payable outstanding |  | $ 2 |  |

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- Definition Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Also includes the amount of debt discount that has yet to be amortized. + References No definition available. + Details
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