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Investments

12 Months Ended

Dec. 31, 2024

Investments

Investments

Note 2 − Investments

The following is a summary of the fair value of short-term investments classified as trading securities:

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​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
​	​	​	​	December 31,
(Millions of dollars)	​	​	2024		​	​	2023		​
Domestic equity securities	​	​	$	205	​	​	$	143	​
Foreign equity securities	​	​	​	98	​	​	​	96	​
Domestic debt securities	​	​		635	​	​		593	​
Foreign debt securities	​	​	​	102	​	​	​	120	​
Money market funds held in trading accounts	​	​	​	28	​	​	​	17	​
Other trading securities	​	​	​	7	​	​	​	4	​
Total trading short-term investments	​	​	$	1,075	​	​	$	973	​

​

The unrealized gains (losses) related to trading securities still held at the end of the respective reporting period were $13 million, $39 million and ($129) million for the years ended December 31, 2024, 2023 and 2022, respectively. Seaboard had $40 million and $18 million of short-term investments denominated in foreign currencies, primarily euros, as of December 31, 2024 and 2023, respectively.

As of December 31, 2024, Seaboard had long-term investments of $141 million, primarily in real estate, classified in other non-current assets on the consolidated balance sheet. As of December 31, 2023, Seaboard had long-term investments of $207 million which included an investment of $68 million in a BDC. During 2024, the BDC completed an initial public offering and became a publicly traded company on the NYSE. Seaboard’s equity securities in this BDC are subject to the SEC’s restrictions of the timing and sale of shares held by ownership interests greater than 10%.

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- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 940
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-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/940-320/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
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-Paragraph b
-Publisher SEC

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-URI https://asc.fasb.org/320/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
-SubTopic 10
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6B
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B

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-Topic 942
-SubTopic 320
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/942-320/tableOfContent

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