v3.26.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Jul. 04, 2026
Jun. 28, 2025
Net sales:        
Total net sales $ 2,922 $ 2,480 $ 5,322 $ 4,796
Cost of sales and operating expenses:        
Total cost of sales and operating expenses 2,701 2,318 4,884 4,492
Gross income 221 162 438 304
Selling, general and administrative expenses 121 110 242 214
Operating income 100 52 196 90
Interest expense (20) (18) (30) (28)
Income from affiliates 41 29 83 42
Other income, net 85 49 100 48
Earnings before income taxes 206 112 349 152
Income tax expense (52) (8) (75) (16)
Net earnings 154 104 274 136
Less: Net earnings attributable to noncontrolling interests (1) (2) (2) (2)
Net earnings attributable to Seaboard $ 153 $ 102 $ 272 $ 134
Earnings per common share - basic (in dollars per share) $ 159.74 $ 105.22 $ 283.99 $ 138.11
Earnings per common share - diluted (in dollars per share) $ 159.74 $ 105.22 $ 283.99 $ 138.11
Average number of shares outstanding - basic (in shares) 957,794 969,427 957,794 970,228
Average number of shares outstanding - diluted (in shares) 957,794 969,427 957,794 970,228
Other comprehensive income (loss), net of income tax expense:        
Foreign currency translation adjustment $ (1) $ 15 $ 6  
Unrecognized pension benefit (cost)   (1)    
Other comprehensive income (loss), net of tax (1) 14 6  
Comprehensive income 153 118 280 $ 136
Less: Comprehensive income attributable to noncontrolling interests (1) (2) (2) (2)
Comprehensive income attributable to Seaboard 152 116 278 134
Products        
Net sales:        
Total net sales 2,420 2,020 4,301 3,856
Cost of sales and operating expenses:        
Total cost of sales and operating expenses 2,274 1,954 4,033 3,755
Services        
Net sales:        
Total net sales 428 406 887 833
Cost of sales and operating expenses:        
Total cost of sales and operating expenses 379 322 754 651
Other        
Net sales:        
Total net sales 74 54 134 107
Cost of sales and operating expenses:        
Total cost of sales and operating expenses $ 48 $ 42 $ 97 $ 86