Seaboard Corporation SEB Income Statement

Seaboard corporation (SEB)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Net sales:
Total net sales
6,840	6,583	5,809	5,379	5,594	6,473	6,670	6,189	5,746	4,385	3,601
Cost of sales and operating expenses:
Total cost of sales and operating expenses
6,400	6,060	5,260	4,882	5,198	5,795	6,202	5,628	5,119	3,859	3,383
Gain on sale of power generating facilities
-	-	-	-	-	-	-	-	52	-	-
Gross income
440	523	549	497	396	678	468	561	627	525	217
Selling, general and administrative expenses
336	314	309	267	270	254	264	251	220	204	193
Operating income (loss)
104	209	240	230	126	424	204	309	407	321	23
Other income (expense):
Interest expense
36	44	29	29	18	20	11	11	6	5	13
Interest income
28	11	15	15	40	14	18	11	10	11	16
Interest income from affiliates
2	3	22	24	29	27	25	20	17	1	1
Loss from affiliates
-41	-44	-7	81	70	37	-4	30	26	20	20
Other investment income (loss), net
225	-152	177	69	-5	2	8	8	0	14	15
Foreign currency gains (losses), net
-	4	14	2	1	-9	-	0	0	1	2
Gain on sale of controlling interest in subsidiary
-	-	-	-	-	66	-	-	-	-	-
Gain on disputed sale, net of expenses
-	-	-	-	-	-	-	-	-	-	16
Miscellaneous, net
2	-3	-5	-8	-2	-5	6	-2	-13	-0	6
Total other income (loss), net
180	-225	187	154	115	112	42	57	35	42	65
Earnings (loss) before income taxes
284	-16	427	384	241	536	246	366	442	364	89
Income tax benefit (expense)
1	1	181	70	69	168	32	84	99	81	-2
Net earnings (loss)
283	-17	246	314	172	368	214	282	343	283	91
Less: Net loss (income) attributable to noncontrolling interests
-	-	-1	2	1	1	2	0	-2	-0	-0
Net earnings (loss) attributable to Seaboard
283	-17	247	312	171	367	212	282	345	283	92
Earnings (loss) per common share
242.78	-14.61	211.01	266.50	146.44	311.44	177.53	234.54	284.66	231.69	74.74
Dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	9.00	3.00
Average number of shares outstanding (in shares)
1	1	1	1	1	1	1	1	1	1	1
Other comprehensive income (loss), net of income tax expense of $0 and $0:
Foreign currency translation adjustment
-20	-53	-6	-26	-34	-39	-46	-15	-12	-3	-
Unrealized gain on investments
-	-	5	1	-	1	-1	2	-0	-2	-
Unrecognized pension cost
10	-3	4	1	-9	33	-37	2	19	3	-
Unrealized gain (loss) on cash flow hedges
-	-	-	-	-	-	-	-0	-	-	-
Other comprehensive income, net of tax
-30	-50	-5	-26	-25	-71	-10	-15	-32	-9	-
Comprehensive income (loss)
253	-67	241	288	147	297	204	267	311	273	-
Less: Comprehensive loss (income) attributable to noncontrolling interests
-	-1	-1	2	1	1	2	0	-2	-0	-
Comprehensive income (loss) attributable to Seaboard
253	-66	242	286	146	296	202	266	313	274	-
Products
Total net sales
5,610	5,334	4,693	4,334	4,515	5,373	5,431	4,916	4,666	3,354	2,718
Total cost of sales and operating expenses
5,322	4,990	4,298	3,992	4,244	4,818	5,090	4,536	4,196	2,980	2,619
Services
Total net sales
1,104	1,116	1,009	961	973	906	953	1,015	969	907	775
Total cost of sales and operating expenses
989	971	879	822	866	813	878	896	879	775	671
Other
Total net sales
126	133	107	84	106	194	286	257	111	124	107
Total cost of sales and operating expenses
89	99	83	68	88	164	234	195	96	103	92