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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 205 $ 98
Short-term investments 1,039 1,075
Receivables:    
Trade 641 569
Other (includes $0 and $5 due from affiliates) 123 166
Total receivables 850 822
Allowance for credit losses (40) (31)
Receivables, net 810 791
Inventories 1,379 1,408
Other current assets 124 146
Total current assets 3,557 3,518
Property, plant and equipment, net of accumulated depreciation of $2,324 and $2,162 2,766 2,560
Operating lease right-of-use assets, net 385 382
Investments in and advances to affiliates 766 738
Goodwill 168 164
Deferred tax asset 3 69
Other non-current assets (includes $6 and $1 due from affiliates) 314 234
Total assets 7,959 7,665
Current liabilities:    
Lines of credit 513 314
Accounts payable (includes $32 and $31 due to affiliates) 319 418
Deferred revenue (includes $12 and $17 due to affiliates) 51 83
Operating lease liabilities 123 134
Other current liabilities 451 458
Total current liabilities 1,457 1,407
Long-term debt, less current maturities 982 987
Long-term operating lease liabilities 290 276
Accrued pension liability 72 67
Deferred tax liability 39 32
Other non-current liabilities 148 147
Total liabilities 2,988 2,916
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. 1,250,000 shares authorized; 957,951 and 971,055 shares issued and outstanding, respectively 1 1
Accumulated other comprehensive loss (354) (376)
Retained earnings 5,303 5,104
Total Seaboard stockholders' equity 4,950 4,729
Noncontrolling interests 21 20
Total equity 4,971 4,749
Total liabilities and stockholders' equity 7,959 7,665
Affiliates    
Receivables:    
Due from affiliates 86 87
Other non-current assets (includes $6 and $1 due from affiliates) $ 6 $ 1