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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 117 $ 98
Short-term investments 986 1,075
Receivables:    
Trade 634 569
Other (includes $1 and $5 due from affiliates) 130 166
Total receivables 867 822
Allowance for credit losses (35) (31)
Receivables, net 832 791
Inventories 1,534 1,408
Other current assets 135 146
Total current assets 3,604 3,518
Property, plant and equipment, net of accumulated depreciation of $2,254 and $2,162 2,668 2,560
Operating lease right-of-use assets, net 342 382
Investments in and advances to affiliates 745 738
Goodwill 162 164
Deferred tax asset 7 69
Other non-current assets (includes $6 and $1 due from affiliates) 327 234
Total assets 7,855 7,665
Current liabilities:    
Lines of credit 516 314
Accounts payable (includes $33 and $31 due to affiliates) 317 418
Deferred revenue (includes $16 and $17 due to affiliates) 92 83
Operating lease liabilities 118 134
Other current liabilities 456 458
Total current liabilities 1,499 1,407
Long-term debt, less current maturities 984 987
Long-term operating lease liabilities 251 276
Accrued pension liability 70 67
Deferred tax liability 38 32
Other non-current liabilities 158 147
Total liabilities 3,000 2,916
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. 1,250,000 shares authorized; 962,476 and 971,055 shares issued and outstanding in 2025 and 2024, respectively 1 1
Accumulated other comprehensive loss (376) (376)
Retained earnings 5,210 5,104
Total Seaboard stockholders' equity 4,835 4,729
Noncontrolling interests 20 20
Total equity 4,855 4,749
Total liabilities and stockholders' equity 7,855 7,665
Affiliates    
Receivables:    
Due from affiliates 103 87
Other non-current assets (includes $6 and $1 due from affiliates) $ 6 $ 1