$SEB
SEABOARD CORP /DE/

2020 Q2 Form 10-Q Financial Statement

#000008812120000058 Filed on July 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q4 2019 Q2
Revenue $1.808B $1.812B $1.822B
YoY Change -0.77% 9.03% 7.75%
Cost Of Revenue $1.719B $1.634B $1.676B
YoY Change 2.57% 5.49% 6.41%
Gross Profit $89.00M $178.0M $136.0M
YoY Change -34.56% 57.52% 17.24%
Gross Profit Margin 4.92% 9.82% 7.46%
Selling, General & Admin $80.00M $89.00M $83.00M
YoY Change -3.61% 27.14% -1.19%
% of Gross Profit 89.89% 50.0% 61.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.00M $35.00M $34.00M
YoY Change 5.88% 6.06% -2.86%
% of Gross Profit 40.45% 19.66% 25.0%
Operating Expenses $80.00M $89.00M $83.00M
YoY Change -3.61% 27.14% -1.19%
Operating Profit $9.000M $89.00M $63.00M
YoY Change -85.71% 106.98% 96.88%
Interest Expense $6.000M $74.00M $12.00M
YoY Change -50.0% -140.66% 9.09%
% of Operating Profit 66.67% 83.15% 19.05%
Other Income/Expense, Net $105.0M $3.000M $16.00M
YoY Change 556.25% -250.0% -176.19%
Pretax Income $114.0M $174.0M $69.00M
YoY Change 65.22% -223.4% 527.27%
Income Tax $141.0M -$5.000M $11.00M
% Of Pretax Income 123.68% -2.87% 15.94%
Net Earnings -$27.00M $179.0M $58.00M
YoY Change -146.55% -296.7% 728.57%
Net Earnings / Revenue -1.49% 9.88% 3.18%
Basic Earnings Per Share -$23.51 $148.80 $56.26
Diluted Earnings Per Share -$22.40M $153.7M $49.75M
COMMON SHARES
Basic Shares Outstanding 1.161M 1.165M 1.166M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q2 2019 Q4 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.256B $1.559B $1.550B
YoY Change -18.97% 1.9% 15.24%
Cash & Equivalents $79.00M $125.0M $110.0M
Short-Term Investments $1.177B $1.434B $1.440B
Other Short-Term Assets $117.0M $75.00M $107.0M
YoY Change 9.35% -1.32% -15.08%
Inventory $989.0M $1.086B $871.0M
Prepaid Expenses $48.00M
Receivables $551.0M $646.0M $546.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.914B $3.414B $3.074B
YoY Change -5.2% 12.78% 7.26%
LONG-TERM ASSETS
Property, Plant & Equipment $1.479B $1.431B $1.288B
YoY Change 14.83% 23.36% 16.67%
Goodwill $163.0M $164.0M $165.0M
YoY Change -1.21% -1.8%
Intangibles
YoY Change
Long-Term Investments $706.0M $735.0M $783.0M
YoY Change -9.83% -8.58% -7.77%
Other Assets $182.0M $101.0M $138.0M
YoY Change 31.88% 26.25% -61.34%
Total Long-Term Assets $2.959B $2.935B $2.827B
YoY Change 4.67% 28.73% 22.38%
TOTAL ASSETS
Total Short-Term Assets $2.914B $3.414B $3.074B
Total Long-Term Assets $2.959B $2.935B $2.827B
Total Assets $5.873B $6.349B $5.901B
YoY Change -0.47% 19.63% 14.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $189.0M $368.0M $262.0M
YoY Change -27.86% 54.62% 10.08%
Accrued Expenses $113.0M $303.0M $98.00M
YoY Change 15.31% 67.4%
Deferred Revenue $44.00M $80.00M $37.00M
YoY Change 18.92% 14.29%
Short-Term Debt $220.0M $246.0M $160.0M
YoY Change 37.5% 66.22% 13.48%
Long-Term Debt Due $82.00M $62.00M $54.00M
YoY Change 51.85% 58.97% 125.0%
Total Short-Term Liabilities $1.022B $1.189B $905.0M
YoY Change 12.93% 51.66% 21.97%
LONG-TERM LIABILITIES
Long-Term Debt $687.0M $730.0M $734.0M
YoY Change -6.4% -1.22% 44.49%
Other Long-Term Liabilities $329.0M $136.0M $236.0M
YoY Change 39.41% 14.29% -34.81%
Total Long-Term Liabilities $1.461B $1.559B $1.577B
YoY Change -7.36% 30.57% 81.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.022B $1.189B $905.0M
Total Long-Term Liabilities $1.461B $1.559B $1.577B
Total Liabilities $2.483B $2.748B $2.482B
YoY Change 0.04% 38.93% 39.99%
SHAREHOLDERS EQUITY
Retained Earnings $3.833B $4.030B $3.823B
YoY Change 0.26% 8.13%
Common Stock $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.380B $3.591B $3.409B
YoY Change
Total Liabilities & Shareholders Equity $5.873B $6.349B $5.901B
YoY Change -0.47% 19.63% 14.01%

Cashflow Statement

Concept 2020 Q2 2019 Q4 2019 Q2
OPERATING ACTIVITIES
Net Income -$27.00M $179.0M $58.00M
YoY Change -146.55% -296.7% 728.57%
Depreciation, Depletion And Amortization $36.00M $35.00M $34.00M
YoY Change 5.88% 6.06% -2.86%
Cash From Operating Activities $106.0M $101.0M $146.0M
YoY Change -27.4% 40.28% 160.71%
INVESTING ACTIVITIES
Capital Expenditures -$53.00M -$88.00M -$73.00M
YoY Change -27.4% 31.34% 231.82%
Acquisitions
YoY Change
Other Investing Activities $70.00M $30.00M $74.00M
YoY Change -5.41% -71.15% 1380.0%
Cash From Investing Activities $17.00M -$58.00M $1.000M
YoY Change 1600.0% -256.76% -105.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -145.0M -41.00M -96.00M
YoY Change 51.04% -920.0% 60.0%
NET CHANGE
Cash From Operating Activities 106.0M 101.0M 146.0M
Cash From Investing Activities 17.00M -58.00M 1.000M
Cash From Financing Activities -145.0M -41.00M -96.00M
Net Change In Cash -22.00M 2.000M 51.00M
YoY Change -143.14% -98.25% -342.86%
FREE CASH FLOW
Cash From Operating Activities $106.0M $101.0M $146.0M
Capital Expenditures -$53.00M -$88.00M -$73.00M
Free Cash Flow $159.0M $189.0M $219.0M
YoY Change -27.4% 35.97% 180.77%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1160779
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1164848
dei Entity Central Index Key
EntityCentralIndexKey
0000088121
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2020Q2 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:PropertyPlantAndEquipmentNet
CY2020Q2 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesCurrent
CY2020Q2 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesNoncurrent
dei Document Type
DocumentType
10-Q
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-06-27
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-3390
dei Entity Registrant Name
EntityRegistrantName
Seaboard Corporation
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-2260388
dei Entity Address Address Line1
EntityAddressAddressLine1
9000 West 67th Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Merriam
dei Entity Address State Or Province
EntityAddressStateOrProvince
KS
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
66202
dei City Area Code
CityAreaCode
913
dei Local Phone Number
LocalPhoneNumber
676-8800
dei Security12b Title
Security12bTitle
Common Stock $1.00 Par Value
dei Trading Symbol
TradingSymbol
SEB
dei Security Exchange Name
SecurityExchangeName
NYSEAMER
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1160779
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1808000000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1822000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3491000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3365000000
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1717000000
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1686000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3265000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3179000000
CY2020Q2 us-gaap Gross Profit
GrossProfit
91000000
CY2019Q2 us-gaap Gross Profit
GrossProfit
136000000
us-gaap Gross Profit
GrossProfit
226000000
us-gaap Gross Profit
GrossProfit
186000000
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
80000000
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
83000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
152000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
167000000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11000000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
53000000
us-gaap Operating Income Loss
OperatingIncomeLoss
74000000
us-gaap Operating Income Loss
OperatingIncomeLoss
19000000
CY2020Q2 us-gaap Interest Expense
InterestExpense
6000000
CY2019Q2 us-gaap Interest Expense
InterestExpense
12000000
us-gaap Interest Expense
InterestExpense
11000000
us-gaap Interest Expense
InterestExpense
18000000
CY2020Q2 seb Investment Income Interest Including Accretion Or Amortization Of Discount Or Premium
InvestmentIncomeInterestIncludingAccretionOrAmortizationOfDiscountOrPremium
4000000
CY2019Q2 seb Investment Income Interest Including Accretion Or Amortization Of Discount Or Premium
InvestmentIncomeInterestIncludingAccretionOrAmortizationOfDiscountOrPremium
8000000
seb Investment Income Interest Including Accretion Or Amortization Of Discount Or Premium
InvestmentIncomeInterestIncludingAccretionOrAmortizationOfDiscountOrPremium
11000000
seb Investment Income Interest Including Accretion Or Amortization Of Discount Or Premium
InvestmentIncomeInterestIncludingAccretionOrAmortizationOfDiscountOrPremium
15000000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-17000000
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-16000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-21000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
71000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19000000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
116000000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
69000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-58000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
134000000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142000000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-34000000
CY2020Q2 seb Other Investment Income Expense Net
OtherInvestmentIncomeExpenseNet
128000000
CY2019Q2 seb Other Investment Income Expense Net
OtherInvestmentIncomeExpenseNet
37000000
seb Other Investment Income Expense Net
OtherInvestmentIncomeExpenseNet
-97000000
seb Other Investment Income Expense Net
OtherInvestmentIncomeExpenseNet
150000000
CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-5000000
CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1000000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-16000000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2000000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
105000000
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
16000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-132000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
115000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-26000000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
58000000
us-gaap Profit Loss
ProfitLoss
-129000000
us-gaap Profit Loss
ProfitLoss
115000000
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-26000000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
58000000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-129000000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
115000000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-22.35
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
50.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-110.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
98.92
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1160779
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1165740
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1162307
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1166575
CY2020Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1000000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-19000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-16000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-11000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-143000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
110000000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-45000000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
52000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-143000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
110000000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
79000000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
125000000
CY2020Q2 us-gaap Short Term Investments
ShortTermInvestments
1178000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-3000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5000000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-45000000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
52000000
CY2019Q4 us-gaap Short Term Investments
ShortTermInvestments
1434000000
CY2020Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
551000000
CY2019Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
646000000
CY2020Q2 us-gaap Inventory Net
InventoryNet
989000000
CY2019Q4 us-gaap Inventory Net
InventoryNet
1022000000
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
117000000
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
123000000
CY2020Q2 us-gaap Assets Current
AssetsCurrent
2914000000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
3350000000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1479000000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1431000000
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
429000000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
446000000
CY2020Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
706000000
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
735000000
CY2020Q2 us-gaap Goodwill
Goodwill
163000000
CY2019Q4 us-gaap Goodwill
Goodwill
164000000
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
182000000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
159000000
CY2020Q2 us-gaap Assets
Assets
5873000000
CY2019Q4 us-gaap Assets
Assets
6285000000
CY2020Q2 us-gaap Line Of Credit
LineOfCredit
220000000
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
246000000
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
82000000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
62000000
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
189000000
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1250000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
80000000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
368000000
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
44000000
CY2019Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
62000000
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
354000000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
379000000
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
329000000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
295000000
CY2020Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1461000000
CY2019Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1542000000
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
113000000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
104000000
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
374000000
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
329000000
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1022000000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1189000000
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
687000000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
730000000
CY2020Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
29000000
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
76000000
CY2020Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
62000000
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1250000
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1160779
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1164848
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
1000000
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
1000000
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-454000000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-440000000
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3833000000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3983000000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
3380000000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
3544000000
CY2020Q2 us-gaap Minority Interest
MinorityInterest
10000000
CY2019Q4 us-gaap Minority Interest
MinorityInterest
10000000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3390000000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3554000000
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5873000000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6285000000
us-gaap Profit Loss
ProfitLoss
-129000000
us-gaap Profit Loss
ProfitLoss
115000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
72000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
68000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-47000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-21000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-34000000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7000000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-5000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-32000000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-156000000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-19000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39000000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
311000000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
733000000
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
464000000
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
617000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
20000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
164000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
108000000
seb Other Investment Income Expense Net
OtherInvestmentIncomeExpenseNet
-97000000
seb Other Investment Income Expense Net
OtherInvestmentIncomeExpenseNet
150000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-22000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6000000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-86000000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
3000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-22000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
54000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
156000000
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
5000000
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
11000000
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
38000000
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
9000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
23000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-126000000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-22000000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
13000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
7000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
31000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
31000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
20000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-68000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3000000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1000000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-46000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-84000000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125000000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
194000000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
79000000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110000000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3329000000
CY2019Q1 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
1000000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
57000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000
CY2019Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
13000000
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.25
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
3000000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3437000000
CY2019Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.25
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
3000000
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3370000000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
58000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6000000
CY2019Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1000000
CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.25
CY2019Q2 us-gaap Dividends Common Stock
DividendsCommonStock
2000000
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3419000000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3554000000
CY2020Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-3000000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-103000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5000000
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
13000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-26000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19000000
CY2020Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.25
CY2020Q2 us-gaap Dividends Common Stock
DividendsCommonStock
2000000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3390000000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:4pt 0pt 0pt 0pt;"><i style="font-style:italic;">Use of Estimates</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The preparation of the condensed consolidated financial statements in conformity with United States (“U.S.”) generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates and assumptions include those related to allowance for credit losses on receivables, valuation of inventories, impairment of long-lived assets, intangibles and goodwill, potential write-down related to investments in and advances to affiliates and notes receivable from affiliates, income taxes, lease liabilities and right of use (“ROU”) assets and accrued pension liability. Actual results could differ from those estimates.</p>
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
36000000
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
35000000
us-gaap Operating Lease Payments
OperatingLeasePayments
71000000
us-gaap Operating Lease Payments
OperatingLeasePayments
67000000
CY2020Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000000
CY2019Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2000000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000000
CY2020Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3000000
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5000000
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12000000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
43000000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
42000000
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
19000000
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
16000000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
27000000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
17000000
CY2020Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
74000000
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
50000000
CY2020Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
7000000
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
5000000
CY2020Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
62000000
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
40000000
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
55000000
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12000000
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000
CY2020Q2 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
0
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-1000000
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
30000000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
28000000
CY2020Q2 us-gaap Trading Securities
TradingSecurities
1178000000
CY2019Q4 us-gaap Trading Securities
TradingSecurities
1434000000
CY2020Q2 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
113000000
us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
-97000000
CY2019Q2 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
38000000
us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
126000000
CY2020Q2 seb Inventory Live Hogs And Materials Before Lifo Adjustment Net Of Reserve
InventoryLiveHogsAndMaterialsBeforeLIFOAdjustmentNetOfReserve
402000000
CY2019Q4 seb Inventory Live Hogs And Materials Before Lifo Adjustment Net Of Reserve
InventoryLiveHogsAndMaterialsBeforeLIFOAdjustmentNetOfReserve
387000000
CY2020Q2 seb Inventory Fresh Pork And Materials Before Lifo Adjustment Net Of Reserve
InventoryFreshPorkAndMaterialsBeforeLIFOAdjustmentNetOfReserve
37000000
CY2019Q4 seb Inventory Fresh Pork And Materials Before Lifo Adjustment Net Of Reserve
InventoryFreshPorkAndMaterialsBeforeLIFOAdjustmentNetOfReserve
46000000
CY2020Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
61000000
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
64000000
CY2020Q2 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
378000000
CY2019Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
369000000
CY2020Q2 seb Inventory Grains And Oilseeds Net Of Reserves
InventoryGrainsAndOilseedsNetOfReserves
325000000
CY2019Q4 seb Inventory Grains And Oilseeds Net Of Reserves
InventoryGrainsAndOilseedsNetOfReserves
353000000
CY2020Q2 seb Inventory Sugar Produced And In Process Net Of Reserves
InventorySugarProducedAndInProcessNetOfReserves
36000000
CY2019Q4 seb Inventory Sugar Produced And In Process Net Of Reserves
InventorySugarProducedAndInProcessNetOfReserves
17000000
CY2020Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
102000000
CY2019Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
109000000
CY2020Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
463000000
CY2019Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
479000000
CY2020Q2 us-gaap Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
148000000
CY2019Q4 us-gaap Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
174000000
CY2020Q2 us-gaap Inventory Net
InventoryNet
989000000
CY2019Q4 us-gaap Inventory Net
InventoryNet
1022000000
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
770000000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
793000000
CY2020Q2 seb Long Term Debt Current And Debt Instrument Unamortized Discount
LongTermDebtCurrentAndDebtInstrumentUnamortizedDiscount
83000000
CY2019Q4 seb Long Term Debt Current And Debt Instrument Unamortized Discount
LongTermDebtCurrentAndDebtInstrumentUnamortizedDiscount
63000000
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
687000000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
730000000
CY2020Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2000000
CY2019Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2000000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
5000000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
4000000
CY2020Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3000000
CY2019Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3000000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6000000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6000000
CY2020Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
3000000
CY2019Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
3000000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
6000000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5000000
CY2020Q2 seb Defined Benefit Plan Amortization And Other Costs
DefinedBenefitPlanAmortizationAndOtherCosts
3000000
CY2019Q2 seb Defined Benefit Plan Amortization And Other Costs
DefinedBenefitPlanAmortizationAndOtherCosts
3000000
seb Defined Benefit Plan Amortization And Other Costs
DefinedBenefitPlanAmortizationAndOtherCosts
6000000
seb Defined Benefit Plan Amortization And Other Costs
DefinedBenefitPlanAmortizationAndOtherCosts
4000000
CY2020Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5000000
CY2019Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5000000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
11000000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
9000000
CY2020Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
65000000
CY2020Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
0
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
4069
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-19000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-16000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-11000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-3000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5000000
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-454000000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-440000000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11000000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
53000000
us-gaap Operating Income Loss
OperatingIncomeLoss
74000000
us-gaap Operating Income Loss
OperatingIncomeLoss
19000000
CY2020Q2 us-gaap Assets
Assets
5873000000
CY2019Q4 us-gaap Assets
Assets
6285000000
CY2020Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
706000000
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
735000000

Files In Submission

Name View Source Status
0000088121-20-000058-index-headers.html Edgar Link pending
0000088121-20-000058-index.html Edgar Link pending
0000088121-20-000058.txt Edgar Link pending
0000088121-20-000058-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
seb-20200627.xsd Edgar Link pending
seb-20200627ex311eb2415.htm Edgar Link pending
seb-20200627ex321a21b84.htm Edgar Link pending
seb-20200627x10q.htm Edgar Link pending
seb-20200627x10q_htm.xml Edgar Link completed
seb-20200627_cal.xml Edgar Link unprocessable
seb-20200627_def.xml Edgar Link unprocessable
seb-20200627_lab.xml Edgar Link unprocessable
seb-20200627_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending