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Investments
3 Months Ended
Mar. 29, 2025
Investments  
Investments

Note 2 – Investments

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

March 29,

December 31,

(Millions of dollars)

 

2025

2024

Domestic equity securities

$

203

$

205

Foreign equity securities

104

98

Domestic debt securities

504

635

Foreign debt securities

102

102

Money market funds held in trading accounts

 

98

 

28

Other trading securities

4

7

Total trading short-term investments

$

1,015

$

1,075

The unrealized gains (losses) related to trading securities still held at the end of the respective reporting period were ($12) million and $16 million for the three months ended March 29, 2025 and March 30, 2024, respectively.

Seaboard had $55 million and $40 million of short-term investments denominated in foreign currencies, primarily euros, as of March 29, 2025 and December 31, 2024, respectively.

As of both March 29, 2025 and December 31, 2024, Seaboard had long-term investments of $141 million, primarily in real estate, classified in other non-current assets on the condensed consolidated balance sheet.