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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Net sales:    
Total net sales $ 2,316 $ 2,191
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 2,174 2,104
Gross income 142 87
Selling, general and administrative expenses 104 107
Operating income (loss) 38 (20)
Other income (expense):    
Interest expense (10) (12)
Interest income (includes includes $1 and $1 from affiliates) 18 19
Income from affiliates 13 19
Other investment income (loss), net (10) 18
Foreign currency losses, net (9) (1)
Miscellaneous, net
Total other income, net 2 43
Earnings before income taxes 40 23
Income tax expense (8) (1)
Net earnings 32 22
Less: Net earnings attributable to noncontrolling interests
Net earnings attributable to Seaboard $ 32 $ 22
Earnings per common share - basic (in dollars per share) $ 32.95 $ 22.66
Earnings per common share - diluted (in dollars per share) $ 32.95 $ 22.66
Average number of shares outstanding - basic (in shares) 971,055 971,055
Average number of shares outstanding - diluted (in shares) 971,055 971,055
Other comprehensive income (loss):    
Foreign currency translation adjustment $ (15) $ (2)
Unrecognized pension cost 1 2
Other comprehensive income (loss), net of tax (14)
Comprehensive income 18 22
Less: Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Seaboard 18 22
Products    
Net sales:    
Total net sales 1,836 1,792
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 1,801 1,769
Services    
Net sales:    
Total net sales 427 350
Cost of sales and operating expenses:    
Total cost of sales and operating expenses 329 297
Other    
Net sales:    
Total net sales 53 49
Cost of sales and operating expenses:    
Total cost of sales and operating expenses $ 44 $ 38