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Investments | 9 Months Ended
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Sep. 30, 2017
Investments |
Investments | Note 2 – Investments The following is a summary of the amortized cost and estimated fair value of short-term investments classified as trading securities held at September 30, 2017 and December 31, 2016.
|  | September 30, 2017 |  | December 31, 2016 |
|  | Amortized |  | Fair |  | Amortized |  | Fair |
(Millions of dollars) |  | Cost |  | Value |  | Cost |  | Value |
Domestic equity securities |  | $ | 609 |  | $ | 716 |  | $ | 444 |  | $ | 482 |
Foreign equity securities |  |  | 265 |  |  | 310 |  |  | 198 |  |  | 199 |
Domestic debt securities held in mutual funds/ETFs/U.S. Treasuries |  |  | 174 |  |  | 175 |  |  | 437 |  |  | 437 |
High yield securities |  |  | 85 |  |  | 86 |  |  | 114 |  |  | 115 |
Money market funds held in trading accounts |  |  | 36 |  |  | 36 |  |  | 13 |  |  | 13 |
Collateralized loan obligations |  |  | 28 |  |  | 29 |  |  | 25 |  |  | 26 |
Other trading securities |  |  | 4 |  |  | 6 |  |  | 5 |  |  | 5 |
Total trading short-term investments |  | $ | 1,201 |  | $ | 1,358 |  | $ | 1,236 |  | $ | 1,277 |
Seaboard had $110 million of equity securities denominated in foreign currencies at September 30, 2017, with $47 million in euros, $22 million in Japanese yen, $19 million in British pounds, $6 million in Swiss francs and the remaining $16 million in various other currencies. At December 31, 2016, Seaboard had $91 million of equity securities denominated in foreign currencies, with $35 million in euros, $20 million in Japanese yen, $16 million in British pounds, $6 million in Swiss francs and the remaining $14 million in various other currencies. Also, money market funds denominated in various foreign currencies were less than $1 million and $1 million at September 30, 2017 and December 31, 2016, respectively. Unrealized gains related to trading securities still held at the end of the respective reporting period were $54 million and $114 million for the three and nine months ended September 30, 2017, respectively, and $27 million and $41 million for the three and nine months ended October 1, 2016, respectively. In addition to its short-term investments, Seaboard also has trading securities related to Seaboard’s deferred compensation plans classified in other current assets in the condensed consolidated balance sheets. See Note 5 to the condensed consolidated financial statements for information on the types of trading securities held related to the deferred compensation plans.

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- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=4738149 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2176304 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2209399 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 954 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2289146 + Details
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