Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 29, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 79	$ 56
Short-term investments	1,072	973
Receivables:
Trade	547	500
Other (includes $5 and $0 due from affiliates)	186	152
Total receivables	853	779
Allowance for credit losses	(30)	(30)
Receivables, net	823	749
Inventories	1,399	1,462
Other current assets	129	123
Total current assets	3,502	3,363
Property, plant and equipment, net of accumulated depreciation of $2,044 and $1,956	2,470	2,410
Operating lease right of use assets, net	390	394
Investments in and advances to affiliates	721	731
Goodwill	161	160
Deferred tax assets	227	199
Other non-current assets	227	309
Total assets	7,698	7,566
Current liabilities:
Lines of credit	471	255
Accounts payable (includes $32 and $1 due to affiliates)	359	400
Deferred revenue (includes $20 and $28 due to affiliates)	52	66
Operating lease liabilities	128	117
Other current liabilities	417	497
Total current liabilities	1,427	1,335
Long-term debt, less current maturities	992	997
Long-term operating lease liabilities	288	304
Other non-current liabilities	278	296
Total liabilities	2,985	2,932
Commitments and contingent liabilities
Stockholders' equity:
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 971,055 shares in 2024 and 2023	1	1
Accumulated other comprehensive loss	(410)	(410)
Retained earnings	5,104	5,025
Total Seaboard stockholders' equity	4,695	4,616
Noncontrolling interests	18	18
Total equity	4,713	4,634
Total liabilities and stockholders' equity	7,698	7,566
Affiliates
Receivables:
Due from affiliates	$ 120	$ 127