XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.25.3

Stockholders' Equity and Accumulated Other Comprehensive Loss | 9 Months Ended
--- | ---
Sep. 27, 2025
Stockholders' Equity and Accumulated Other Comprehensive Loss |
Stockholders' Equity and Accumulated Other Comprehensive Loss | Note 6 – Stockholders’ Equity and Accumulated Other Comprehensive Loss During the second quarter of 2025, Seaboard’s Board of Directors approved a share repurchase program authorizing the repurchase of up to $100 million of its outstanding shares of common stock (“Shares”) through December 31, 2027, unless extended or earlier terminated. Under the share repurchase program, Seaboard is authorized to repurchase Shares from time-to-time in the open-market, through block trades, in privately negotiated purchases, pursuant to a trading plan, or by other means, in accordance with federal securities laws and other applicable laws. The timing and volume of share repurchases will be determined by management at its discretion and will depend on a number of factors, including constraints specified in any applicable trading plans, the market price of the Shares, general business and market conditions, alternative investment opportunities, Seaboard’s financial condition and applicable legal requirements. The share repurchase program does not obligate Seaboard to acquire a minimum amount of Shares, and the program may be modified, suspended or terminated at any time at Seaboard’s discretion. Seaboard repurchased 4,525 and 13,104 Shares, and retained earnings decreased $14 million and $38 million as a result of the purchases and related U.S. excise taxes during the three- and nine-month periods ended September 27, 2025, respectively. Shares repurchased were retired and became authorized and unissued shares. As of September 27, 2025, $62 million remained available for repurchase under this program. The components of accumulated other comprehensive loss (“AOCL”), net of related taxes, were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Cumulative | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Foreign | ​ | Cumulative | ​ | ​ | ​ | ​
​ | ​ | Currency | ​ | Unrecognized | ​ | ​ | ​ | ​
​ | ​ | Translation | ​ | Pension | ​ | ​ | ​ | ​
(Millions of dollars) | ​ | Adjustment | ​ | Benefit (Cost) | ​ | Total | ​
Balance December 31, 2023 | ​ | $ | (404) | ​ | $ | (6) | ​ | $ | (410) | ​
Other comprehensive loss before reclassifications | ​ |  | (2) | ​ |  | — | ​ |  | (2) | ​
Amounts reclassified from AOCL to net earnings | ​ |  | — | ​ |  | 2 | (a) |  | 2 | ​
Other comprehensive income (loss), net of tax | ​ |  | (2) | ​ |  | 2 | ​ |  | — | ​
Balance March 30, 2024 | ​ | $ | (406) | ​ | $ | (4) | ​ | $ | (410) | ​
Other comprehensive income before reclassifications | ​ |  | — | ​ |  | — | ​ |  | — | ​
Amounts reclassified from AOCL to net earnings | ​ |  | — | ​ |  | — | ​ |  | — | ​
Other comprehensive income, net of tax | ​ |  | — | ​ |  | — | ​ |  | — | ​
Balance June 29, 2024 | ​ | $ | (406) | ​ | $ | (4) | ​ | $ | (410) | ​
Other comprehensive income before reclassifications | ​ |  | 2 | ​ |  | 1 | ​ |  | 3 | ​
Amounts reclassified from AOCL to net earnings | ​ |  | 1 | ​ |  | — | ​ |  | 1 | ​
Other comprehensive income, net of tax | ​ |  | 3 | ​ |  | 1 | ​ |  | 4 | ​
Balance September 28, 2024 | ​ | $ | (403) | ​ | $ | (3) | ​ | $ | (406) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance December 31, 2024 | ​ | $ | (400) | ​ | $ | 24 | ​ | $ | (376) | ​
Other comprehensive loss before reclassifications | ​ |  | (15) | ​ |  | — | ​ |  | (15) | ​
Amounts reclassified from AOCL to net earnings | ​ |  | — | ​ |  | 1 | (a) |  | 1 | ​
Other comprehensive income (loss), net of tax | ​ |  | (15) | ​ |  | 1 | ​ |  | (14) | ​
Balance March 29, 2025 | ​ | $ | (415) | ​ | $ | 25 | ​ | $ | (390) | ​
Other comprehensive income before reclassifications | ​ |  | 15 | ​ |  | — | ​ |  | 15 | ​
Amounts reclassified from AOCL to net earnings | ​ |  | — | ​ |  | (1) | (a) |  | (1) | ​
Other comprehensive income (loss), net of tax | ​ |  | 15 | ​ |  | (1) | ​ |  | 14 | ​
Balance June 28, 2025 | ​ | $ | (400) | ​ | $ | 24 | ​ | $ | (376) | ​
Other comprehensive income before reclassifications | ​ |  | 23 | ​ |  | — | ​ |  | 23 | ​
Amounts reclassified from AOCL to net earnings | ​ |  | — | ​ |  | (1) | (a) |  | (1) | ​
Other comprehensive income (loss), net of tax | ​ |  | 23 | ​ |  | (1) | ​ |  | 22 | ​
Balance September 27, 2025 | ​ | $ | (377) | ​ | $ | 23 | ​ | $ | (354) | ​
(a) | This reclassification adjustment primarily represents the amortization of actuarial losses (gains) that were included in net periodic pension cost.

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478448/946-505-50-6 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480237/815-40-50-6 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505/tableOfContent Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-16 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration