Seaboard corporation (SEB)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

101

125

121

110

59

194

78

79

100

116

61

70

43

77

113

151

53

50

49

80

47

36

56

73

38

55

31

39

43

47

54

48

53

71

50

64

41

Short-term investments

1,125

1,434

1,418

1,440

1,488

1,336

1,590

1,264

1,264

1,576

1,358

1,391

1,286

1,277

1,180

1,143

1,185

1,254

689

626

597

491

362

325

392

290

244

358

350

313

377

440

359

323

300

320

332

Receivables:
Trade

-

-

-

-

-

392

-

-

-

299

-

-

-

269

-

-

-

330

-

-

-

328

-

-

-

419

-

-

-

367

-

-

-

280

-

-

243

Due from affiliates

-

-

-

-

-

111

-

-

-

120

-

-

-

110

-

-

-

86

-

-

-

202

-

-

-

145

-

-

-

124

-

-

-

126

-

-

75

Notes receivable from affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

163

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

81

-

-

-

92

-

-

-

99

-

-

-

115

-

-

-

116

-

-

-

99

-

-

-

42

-

-

-

81

-

-

48

Total receivables

-

-

-

-

-

584

-

-

-

511

-

-

-

641

-

-

-

531

-

-

-

646

-

-

-

664

-

-

-

534

-

-

-

488

-

-

368

Allowance for doubtful accounts

-

-

-

-

-

33

-

-

-

29

-

-

-

14

-

-

-

21

-

-

-

12

-

-

-

12

-

-

-

12

-

-

-

10

-

-

8

Receivables, net

691

646

529

546

504

551

506

521

608

482

622

605

606

627

451

414

451

510

456

488

526

634

535

582

548

651

574

538

500

521

523

472

494

477

480

437

359

Inventories

1,122

1,022

916

871

988

815

874

874

797

780

828

722

842

762

779

659

694

739

694

664

716

736

733

724

650

698

781

752

842

756

806

606

694

644

658

622

533

Prepaid expenses

-

-

-

-

-

55

-

-

-

94

-

-

-

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

46

45

46

27

25

23

23

22

22

24

24

23

23

23

23

22

20

18

Deferred costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

Other current assets

115

123

112

107

143

76

124

128

134

80

120

119

109

61

104

118

99

111

115

124

121

110

128

125

124

134

132

126

117

118

133

99

95

91

114

115

115

Total current assets

3,154

3,350

3,096

3,074

3,182

3,027

3,172

2,866

2,903

3,128

2,989

2,907

2,886

2,848

2,627

2,485

2,482

2,664

2,060

2,031

2,054

2,053

1,843

1,857

1,778

1,853

1,788

1,837

1,879

1,782

1,917

1,690

1,720

1,632

1,627

1,580

1,485

Property, plant and equipment, net

1,463

1,431

1,358

1,288

1,232

1,160

1,098

1,104

1,126

1,077

1,064

1,034

1,024

1,006

978

930

907

831

842

839

849

847

846

862

858

863

857

866

848

843

828

812

801

796

777

733

701

Operating lease right of use assets, net

456

446

443

453

464

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in and advances to affiliates

731

735

734

783

789

804

823

849

866

851

846

824

786

773

756

742

722

671

635

605

539

543

522

417

408

406

396

403

404

410

388

384

371

364

353

348

331

Notes receivable from affiliates

-

-

-

-

-

-

-

-

-

-

17

19

19

-

192

197

213

200

196

191

201

197

194

189

184

180

175

128

124

202

118

116

113

110

110

95

90

Goodwill

164

164

165

165

166

167

-

-

-

22

-

-

-

19

-

-

-

12

-

-

-

15

14

43

43

43

43

43

43

43

43

43

43

40

40

40

40

Intangible assets, net

-

-

-

-

-

69

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other intangible assets, net

-

-

-

-

-

-

-

-

-

2

-

-

-

-

-

-

-

3

-

-

-

4

4

18

18

18

19

19

19

19

19

19

19

19

19

19

19

Other non-current assets

187

159

150

138

143

80

342

357

360

81

77

78

93

109

90

73

72

50

69

70

70

33

44

46

47

51

49

47

48

44

43

44

42

41

41

64

65

Total assets

6,155

6,285

5,946

5,901

5,976

5,307

5,435

5,176

5,255

5,161

4,993

4,862

4,808

4,755

4,643

4,427

4,396

4,431

3,804

3,738

3,714

3,692

3,470

3,435

3,339

3,418

3,329

3,345

3,368

3,347

3,358

3,110

3,112

3,006

2,970

2,882

2,734

Liabilities and Stockholders' Equity
Current liabilities:
Lines of credit

339

246

210

-

-

148

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable to banks

-

-

-

160

252

-

162

141

198

162

97

142

142

121

129

104

146

141

104

103

123

76

28

37

46

67

54

65

51

28

23

30

39

16

104

91

78

Current maturities of long-term debt

105

62

58

54

53

39

10

24

23

53

50

18

18

17

17

13

8

4

-

-

-

-

-

85

11

11

11

12

22

25

44

44

41

40

36

3

1

Accounts payable

336

368

235

262

297

238

227

238

221

256

190

188

163

194

213

158

193

200

204

163

165

182

165

193

143

186

166

168

173

205

221

146

130

151

125

142

146

Payables due to affiliates

-

-

-

-

-

-

-

-

-

16

-

-

-

22

-

-

-

39

-

-

-

32

-

-

-

13

-

-

-

11

-

-

-

-

-

-

-

Accrued compensation and benefits

-

-

-

-

-

123

-

-

-

118

-

-

-

118

-

-

-

121

-

-

-

126

-

-

-

127

-

-

-

127

-

-

-

114

-

-

102

Deferred revenue

57

48

46

37

46

70

83

56

75

47

140

98

150

66

106

101

100

47

76

66

69

44

72

61

72

46

58

64

76

53

92

55

78

29

43

42

122

Deferred revenue from affiliates

30

32

34

28

28

-

-

-

-

34

-

-

-

48

-

-

-

46

-

-

-

7

-

-

-

-

11

1

17

24

12

10

38

27

17

15

38

Operating lease liabilities

114

104

97

98

101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued voyage costs

-

-

-

-

-

58

-

-

-

35

-

-

-

52

-

-

-

44

-

-

-

45

-

-

-

49

-

-

-

47

-

-

-

46

-

-

39

Accrued commodity inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

35

-

-

-

26

-

-

-

30

-

-

-

29

-

-

-

46

-

-

-

54

-

-

34

Other current liabilities

293

329

279

266

259

108

287

283

270

97

298

295

281

112

328

276

272

98

327

306

292

93

301

262

248

83

283

313

316

106

311

246

248

80

270

253

74

Total current liabilities

1,274

1,189

959

905

1,036

784

769

742

787

818

775

741

754

785

793

652

719

766

713

640

650

635

568

641

522

615

586

625

657

676

706

532

577

561

598

549

638

Long-term debt, less current maturities

686

730

733

734

735

739

741

508

522

482

490

495

499

499

503

507

506

518

-

-

-

-

-

0

80

80

104

104

109

120

139

139

121

116

118

105

91

Accrued pension liability

-

-

-

-

-

136

-

-

-

128

-

-

-

121

-

-

-

132

-

-

-

136

-

-

-

80

-

-

-

127

-

-

-

106

-

-

78

Deferred income taxes

13

76

127

143

139

127

143

146

150

112

122

96

89

77

66

33

30

41

71

76

87

96

81

78

67

73

38

28

29

33

49

47

64

66

59

61

75

Long-term income tax liability

62

62

73

73

73

73

95

102

111

111

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term operating lease liabilities

379

379

382

391

403

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

304

295

262

236

220

119

261

260

252

102

210

212

209

98

203

227

228

92

234

234

227

90

177

173

170

88

204

206

209

80

192

187

184

76

158

157

71

Total non-current liabilities

1,444

1,542

1,577

1,577

1,570

1,194

1,240

1,016

1,035

935

822

803

797

795

772

767

764

783

306

310

314

322

259

252

318

322

347

338

349

363

381

375

370

365

336

324

317

Commitments and contingent liabilities

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

0

Stockholders' equity:
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 1,160,779 shares in 2020 and 1,164,848 shares in 2019

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Accumulated other comprehensive loss

-435

-440

-412

-415

-409

-410

-414

-390

-370

-354

-301

-300

-304

-304

-298

-292

-303

-278

-270

-264

-256

-253

-212

-209

-207

-181

-194

-182

-176

-171

-158

-154

-153

-156

-129

-123

-123

Retained earnings

3,861

3,983

3,811

3,823

3,768

3,727

3,825

3,792

3,787

3,750

3,683

3,604

3,548

3,465

3,363

3,287

3,207

3,153

3,049

3,046

3,000

2,982

2,848

2,743

2,699

2,655

2,585

2,558

2,531

2,474

2,422

2,350

2,309

2,233

2,163

2,128

1,897

Total Seaboard stockholders' equity

3,427

3,544

3,400

3,409

3,360

3,318

3,412

3,403

3,418

3,397

3,383

3,305

3,245

3,162

3,066

2,996

2,905

2,876

2,779

2,782

2,745

2,730

2,637

2,535

2,493

2,475

2,391

2,377

2,357

2,304

2,265

2,196

2,157

2,078

2,035

2,005

1,775

Noncontrolling interests

10

10

10

10

10

11

14

15

15

11

13

13

12

13

12

12

8

6

4

4

4

5

5

5

5

4

4

4

3

3

5

5

6

0

1

2

3

Total equity

3,437

3,554

3,410

3,419

3,370

3,329

3,426

3,418

3,433

3,408

3,396

3,318

3,257

3,175

3,078

3,008

2,913

2,882

2,784

2,787

2,749

2,735

2,642

2,541

2,498

2,479

2,396

2,381

2,361

2,308

2,271

2,202

2,163

2,079

2,036

2,008

1,778

Total liabilities and stockholders' equity

6,155

6,285

5,946

5,901

5,976

5,307

5,435

5,176

5,255

5,161

4,993

4,862

4,808

4,755

4,643

4,427

4,396

4,431

3,804

3,738

3,714

3,692

3,470

3,435

3,339

3,418

3,329

3,345

3,368

3,347

3,358

3,110

3,112

3,006

2,970

2,882

2,734