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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 87 $ 98
Short-term investments 1,015 1,075
Receivables:    
Trade 599 569
Other (includes $1 and $5 due from affiliates) 129 166
Total receivables 817 822
Allowance for credit losses (31) (31)
Receivables, net 786 791
Inventories 1,468 1,408
Other current assets 133 146
Total current assets 3,489 3,518
Property, plant and equipment, net of accumulated depreciation of $2,219 and $2,162 2,587 2,560
Operating lease right of use assets, net 348 382
Investments in and advances to affiliates 738 738
Goodwill 159 164
Deferred tax asset 72 69
Other non-current assets (includes $6 and $1 due from affiliates) 240 234
Total assets 7,633 7,665
Current liabilities:    
Lines of credit 387 314
Accounts payable (includes $31 and $31 to affiliates) 353 418
Deferred revenue (includes $11 and $17 from affiliates) 82 83
Operating lease liabilities 123 134
Other current liabilities 439 458
Total current liabilities 1,384 1,407
Long-term debt, less current maturities 987 987
Long-term operating lease liabilities 254 276
Accrued pension liability 68 67
Deferred tax liability 30 32
Other non-current liabilities 145 147
Total liabilities 2,868 2,916
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 971,055 shares in 2025 and 2024 1 1
Accumulated other comprehensive loss (390) (376)
Retained earnings 5,134 5,104
Total Seaboard stockholders' equity 4,745 4,729
Noncontrolling interests 20 20
Total equity 4,765 4,749
Total liabilities and stockholders' equity 7,633 7,665
Affiliates    
Receivables:    
Due from affiliates 89 87
Other non-current assets (includes $6 and $1 due from affiliates) $ 6 $ 1