Seaboard Corporation (SEB) financial statements (2022 and earlier)

Company profile

Business Address 9000 W. 67TH STREET
SHAWNEE MISSION, KS 66202
State of Incorp. DE
Fiscal Year End December 31
SIC 515 - Farm-product Raw Materials (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,4911,5411,5591,5301,6921,3541,304
Cash and cash equivalents75761251941167750
Short-term investments1,4161,4651,4341,3361,5761,2771,254
Receivables762532646551482627510
Inventory, net of allowances, customer advances and progress billings1,6631,1781,022815780762739
Inventory1,6631,1781,022815780762739
Prepaid expense 44485594  
Other current assets13159757680105111
Total current assets:4,0473,3543,3503,0273,1282,8482,664
Noncurrent Assets
Finance lease, right-of-use asset12892 
Operating lease, right-of-use asset496390446
Property, plant and equipment  1,4311,1601,0771,006831
Long-term investments and receivables156698735804851799871
Long-term investments156698735804851773671
Due from related parties     26200
Intangible assets, net (including goodwill)208221222236222215
Goodwill163167164167221912
Intangible assets, net (excluding goodwill)45545869 33
Deferred costs2926     
Other noncurrent assets20915410180838050
Other undisclosed noncurrent assets2,2301,464     
Total noncurrent assets:3,4563,0452,9352,2802,0331,9071,767
TOTAL ASSETS:7,5036,3996,2855,3075,1614,7554,431
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities547386499341375312321
Accounts payable404276368218256194200
Employee-related liabilities143110131123118118121
Taxes payable    1  
Deferred revenue1088980
Debt3165171187215138145
Deferred compensation liability2623     
Due to related parties171420162239
Deferred revenue and credits476647
Contract with customer, liability39
Other liabilities1421451301089111298
Other undisclosed current liabilities6973612958974135116
Total current liabilities:1,5521,0761,189784818785766
Noncurrent Liabilities
Long-term debt and lease obligation1,0681,0251,109739482499518
Long-term debt, excluding current maturities708707730739482499518
Operating lease, liability360318379
Liabilities, other than long-term debt449470433455453296265
Accounts payable and accrued liabilities 66273111  
Deferred tax liabilities, net1271127741
Deferred income tax liabilities9910376
Liability, pension and other postretirement and postemployment benefits131179159136128121132
Other liabilities2191821361191029892
Total noncurrent liabilities:1,5171,4951,5421,194935795783
Total liabilities:3,0692,5712,7311,9781,7531,5801,549
Stockholders' equity
Stockholders' equity attributable to parent4,4163,8173,5443,3183,3973,1622,876
Common stock1111111
Accumulated other comprehensive loss(432)(471)(440)(410)(354)(304)(278)
Retained earnings4,8474,2873,9833,7273,7503,4653,153
Stockholders' equity attributable to noncontrolling interest1811101111136
Total stockholders' equity:4,4343,8283,5543,3293,4083,1752,882
TOTAL LIABILITIES AND EQUITY:7,5036,3996,2855,3075,1614,7554,431

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues9,2297,1266,8406,5835,8095,3795,594
Revenue, net5,8095,3795,594
Cost of revenue(8,411)(6,552)(6,400)(6,060)(5,260)(4,882)(5,198)
Cost of goods and services sold(8,411)(6,552)(6,400)(6,060)(5,177)(4,814)(5,110)
Gross profit:818574440523549497396
Operating expenses(360)(329)(336)(314)(317)(275)(270)
Operating income:458245104209232222126
Nonoperating income (expense)17841180(225)195162115
Foreign currency transaction gain (loss), before tax16(31) 41421
Interest and debt expense(13)(19)(36)(44)(29)(29)(18)
Income (loss) from continuing operations before equity method investments, income taxes:623267248(60)398355223
Other undisclosed income from continuing operations before income taxes13193644292918
Income (loss) from continuing operations before income taxes:636286284(16)427384241
Income tax expense(65)(3)(1)(1)(181)(70)(69)
Net income (loss):571283283(17)246314172
Net income (loss) attributable to noncontrolling interest(1)   1(2)(1)
Net income (loss) available to common stockholders, diluted:570283283(17)247312171

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):571283283(17)246314172
Other comprehensive income (loss)39(30)(30)(50)(5)(26)(25)
Comprehensive income (loss):610253253(67)241288147
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(1) 11(2)(1)
Comprehensive income (loss), net of tax, attributable to parent:609252253(66)242286146

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: