Seaboard Corporation SEB Income Statement

Seaboard corporation (SEB)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jul'17	Apr'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Net sales:
Total net sales
1,683	1,812	1,663	1,822	1,543	1,662	1,651	1,691	1,579	1,586	1,402	1,422	1,399	1,373	1,330	1,357	1,319	1,303	1,411	1,428	1,452	1,676	1,622	1,694	1,479	1,755	1,648	1,684	1,582	1,728	1,479	1,510	1,471	1,403	1,476	1,398	1,468	1,111	1,048
Cost of sales and operating expenses:
Total cost of sales and operating expenses
1,548	1,632	1,589	1,686	1,493	1,549	1,529	1,575	1,407	1,452	1,254	1,293	1,261	1,235	1,222	1,206	1,219	1,190	1,321	1,328	1,359	1,482	1,461	1,497	1,354	1,630	1,547	1,568	1,455	1,586	1,334	1,390	1,316	1,267	1,360	1,208	1,283	1,017	901
Gain on sale of power generating facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	51	-	-	-
Gross income
135	180	74	136	50	113	122	116	172	134	148	129	138	138	108	151	100	113	90	100	93	194	160	197	125	124	100	115	126	141	144	120	154	135	116	190	185	93	147
Selling, general and administrative expenses
72	89	80	83	84	70	85	84	75	90	75	74	70	62	66	75	64	70	67	68	65	65	64	63	60	71	67	61	63	70	59	59	61	62	49	53	54	52	45
Operating income (loss)
63	91	-6	53	-34	43	37	32	97	44	73	55	68	76	42	76	36	43	23	32	28	128	96	134	65	53	33	53	63	70	85	60	93	72	66	136	130	41	101
Other income (expense):
Interest expense
5	9	9	12	6	13	12	11	8	10	9	7	3	6	7	8	8	6	4	3	5	2	8	3	4	3	2	2	2	2	3	3	1	2	1	1	1	1	1
Interest income
7	3	10	8	7	2	3	3	3	6	2	5	2	4	7	0	4	32	2	3	3	2	2	1	7	7	2	4	4	2	3	3	2	3	2	2	2	2	3
Interest income from affiliates
-	-	-	-	-	-	-	-	-	4	6	6	6	6	6	6	6	8	7	7	7	6	6	6	6	7	5	5	6	5	4	5	5	5	4	4	3	0	0
Loss from affiliates
-4	8	-15	-16	-18	-4	-18	-16	-6	3	-3	-8	1	27	21	11	22	31	16	12	11	12	9	8	6	8	-4	-4	-2	9	2	9	9	17	-2	5	6	4	6
Other investment income (loss), net
-225	73	2	37	113	-167	40	12	-37	58	54	28	37	27	29	8	5	17	-26	-3	7	1	-2	2	0	4	3	-1	2	2	3	-0	3	4	-6	0	2	7	-2
Foreign currency gains (losses), net
-11	-	1	-1	3	-3	9	-6	4	2	3	6	3	-8	1	2	7	-1	0	1	1	0	-0	-2	-5	-	-0	-0	-1	0	0	-3	3	-3	-3	2	4	5	-2
Gain on sale of controlling interest in subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Miscellaneous, net
1	-	-1	-	-	-2	1	-3	1	0	-2	-1	-2	-7	1	1	-3	5	-5	2	-4	-3	0	-2	0	1	0	3	0	0	-0	-4	1	-1	-9	-2	0	-3	-2
Total other income (loss), net
-237	77	-12	16	99	-184	23	-21	-43	63	51	29	44	43	58	20	33	86	-10	19	20	19	72	10	10	27	2	4	6	18	9	5	23	23	-16	9	18	15	0
Earnings (loss) before income taxes
-174	168	-18	69	65	-141	60	11	54	107	124	84	112	119	100	96	69	129	13	51	48	147	168	144	75	80	36	58	70	89	94	66	116	96	50	146	148	57	102
Income tax benefit (expense)
-71	-7	-11	11	8	-51	26	4	22	85	43	25	28	15	25	16	14	25	10	19	15	27	63	49	27	-4	5	18	12	12	19	16	34	17	15	33	32	17	24
Net earnings (loss)
-103	175	-7	58	57	-90	34	7	32	22	81	59	84	104	75	80	55	104	3	32	33	120	104	94	48	84	31	40	57	76	74	49	82	78	35	113	116	39	77
Less: Net loss (income) attributable to noncontrolling interests
0	-	0	0	0	-	-1	0	0	-	-	1	-1	1	0	0	1	-	-	-	-	0	-0	0	0	0	0	0	0	0	0	-0	-0	-0	-1	-0	-0	-0	-0
Net earnings (loss) attributable to Seaboard
-103	175	-7	58	57	-91	35	7	32	23	81	58	85	103	75	80	54	103	3	32	33	119	105	93	48	84	30	39	57	75	74	50	82	78	36	113	116	39	-
Net earnings attributable to Seaboard
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77
Earnings (loss) per common share
-88.43	149.86	-6.00	50.13	48.79	-77.57	29.93	6.28	26.75	19.38	69.28	50.51	71.84	87.83	64.42	68.34	45.91	88.70	2.59	27.04	28.11	101.78	89.83	79.28	40.55	70.49	25.99	33.07	47.98	63.04	61.92	41.58	68.00	65.14	30.07	93.34	96.11	32.74	63.21
Dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	1.50	1.50	1.50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.75	0.75
Average number of shares outstanding (in shares)
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	1	1
Other comprehensive income (loss), net of income tax expense of $0 and $0:
Foreign currency translation adjustment
3	-11	2	-9	-2	-1	-25	-17	-10	-3	-2	1	-2	-3	-7	10	-26	-12	-7	-9	-6	-6	-3	-2	-26	-19	-14	-6	-6	-6	-6	-3	0	-5	-5	-0	-0	-	-
Unrealized gain on investments
-	-	-	-	-	-	-	-	-	2	0	2	1	-	1	-	-	-	0	0	1	0	-0	0	0	0	0	-2	0	-0	1	-0	1	0	-1	0	0	-	-
Unrecognized pension cost
-2	17	-1	-3	-3	-4	-1	3	-1	7	-1	-1	-1	3	0	-1	-1	-6	-1	-1	-1	33	-0	-0	-0	-32	-1	-2	-1	6	-1	-2	-1	18	-0	0	0	-	-
Unrealized gain (loss) on cash flow hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	0	-	-	-	-	-0	0	0	-0	-	-	-	-	-	-
Other comprehensive income, net of tax
5	-28	3	-6	1	3	-24	-20	-9	-	-1	4	-	-6	-6	11	-25	-7	-6	-8	-4	-40	-2	-2	-25	13	-12	-6	-4	-13	-3	-1	2	-26	-5	0	-0	-	-
Comprehensive income (loss)
-98	147	-4	52	58	-87	10	-13	23	14	80	63	84	98	69	91	30	97	-3	24	29	79	101	92	22	98	18	33	53	62	71	48	84	51	29	113	116	-	-
Less: Comprehensive loss (income) attributable to noncontrolling interests
0	-	0	0	0	0	-1	0	0	-	-	1	-1	1	0	0	1	-	-	-	-	0	-0	0	0	0	0	0	0	0	0	-0	-0	-0	-1	-0	-0	-	-
Comprehensive income (loss) attributable to Seaboard
-98	147	-4	52	58	-87	11	-13	23	15	80	62	85	97	69	91	29	96	-3	24	29	79	102	91	22	97	18	33	52	62	71	48	85	52	30	113	116	-	-
Products
Total net sales
1,382	1,493	1,359	1,513	1,245	1,323	1,338	1,382	1,291	1,280	1,135	1,153	1,125	1,104	1,070	1,094	1,066	1,051	1,139	1,148	1,177	1,391	1,350	1,417	1,213	1,444	1,352	1,371	1,263	1,380	1,149	1,194	1,190	1,126	1,213	1,128	1,197	849	781
Total cost of sales and operating expenses
1,278	1,341	1,329	1,422	1,230	1,269	1,267	1,309	1,145	1,192	1,028	1,056	1,022	1,015	1,006	981	990	967	1,077	1,081	1,119	1,234	1,228	1,249	1,105	1,347	1,276	1,294	1,171	1,298	1,061	1,108	1,067	1,028	1,114	1,003	1,049	795	673
Services
Total net sales
283	290	270	275	269	301	273	278	264	277	238	245	249	245	237	243	236	229	243	252	249	250	218	224	212	247	221	237	246	269	253	248	244	251	234	245	238	231	235
Total cost of sales and operating expenses
256	272	239	238	240	254	235	242	240	238	206	216	219	203	198	209	212	200	223	224	219	217	198	202	194	224	211	216	224	232	216	226	220	215	222	235	206	196	202
Other
Total net sales
18	29	34	34	29	38	40	31	24	29	29	24	25	24	23	20	17	23	29	28	26	33	53	53	53	63	74	74	73	77	76	67	35	25	28	24	32	31	31
Total cost of sales and operating expenses
14	19	21	26	23	26	27	24	22	22	20	21	20	17	18	16	17	23	21	23	21	29	34	45	53	58	58	58	58	55	57	54	28	23	24	21	27	25	25