v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 04, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 145 $ 178
Short-term investments 1,062 1,052
Receivables, net of allowance for credit losses of $46 and $42 (includes $126 and $98 due from affiliates) 893 756
Inventories 1,807 1,513
Other current assets 142 131
Total current assets 4,049 3,630
Property, plant and equipment, net of accumulated depreciation of $2,493 and $2,379 2,869 2,820
Operating lease right-of-use assets, net 353 362
Investments in and advances to affiliates 792 795
Goodwill 166 168
Long-term investments 214 208
Deferred tax asset 128 145
Other non-current assets (includes $33 and $40 due from affiliates) 111 118
Total assets 8,682 8,246
Current liabilities:    
Lines of credit 623 458
Accounts payable (includes $32 and $32 due to affiliates) 413 397
Deferred revenue (includes $10 and $18 due to affiliates) 94 77
Operating lease liabilities 127 113
Other current liabilities 428 465
Total current liabilities 1,685 1,510
Long-term debt, less current maturities 972 977
Long-term operating lease liabilities 250 275
Accrued pension liability 74 71
Deferred tax liability 42 31
Other non-current liabilities 150 147
Total liabilities 3,173 3,011
Commitments and contingent liabilities
Stockholders' equity:    
Common stock of $1 par value. 1,250,000 shares authorized; 957,794 shares issued and outstanding 1 1
Accumulated other comprehensive loss (335) (341)
Retained earnings 5,820 5,552
Total Seaboard stockholders' equity 5,486 5,212
Noncontrolling interests 23 23
Total equity 5,509 5,235
Total liabilities and stockholders' equity $ 8,682 $ 8,246