SEABOARD CORP /DE/

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 12, 2026

SEB$3,783.74+7.2%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets


	December 31,
(Millions of dollars except share and per share amounts) · 2025 · · 2024
Assets
Current assets:
Cash and cash equivalents		$178	$98
Short-term investments		1,052	1,075
Receivables:
Trade		589	569
Due from affiliates		97	87
Other (includes $1 and $5 due from affiliates)		111	166
Total receivables		797	822
Allowance for credit losses		(42)	(31)
Receivables, net		756	791
Inventories		1,513	1,408
Other current assets		131	146
Total current assets		3,630	3,518
Property, plant and equipment, net of accumulated depreciation of $2,379 and $2,162		2,820	2,560
Operating lease right-of-use assets, net		362	382
Investments in and advances to affiliates		795	738
Goodwill		168	164
Long-term investments		208	141
Deferred tax asset		145	69
Other non-current assets (includes $6 and $1 due from affiliates)		118	93
Total assets		$8,246	$7,665
Liabilities and Stockholders’ Equity
Current liabilities:
Lines of credit		$458	$314
Accounts payable (includes $32 and $31 due to affiliates)		397	418
Accrued compensation and benefits		122	128
Deferred revenue (includes $18 and $17 due to affiliates)		77	83
Operating lease liabilities		113	134
Accrued voyage costs		78	74
Other current liabilities		265	256
Total current liabilities		1,510	1,407
Long-term debt, less current maturities		977	987
Long-term operating lease liabilities		275	276
Accrued pension liability		71	67
Deferred tax liability		31	32
Other non-current liabilities		147	147
Total liabilities		3,011	2,916
Commitments and contingent liabilities
Stockholders’ equity:
Common stock of $1 par value. 1,250,000 shares authorized; 957,794 and 971,055 shares issued and outstanding, respectively		1	1
Accumulated other comprehensive loss		(341)	(376)
Retained earnings		5,552	5,104
Total Seaboard stockholders’ equity		5,212	4,729
Noncontrolling interests		23	20
Total equity		5,235	4,749
Total liabilities and equity		$8,246	$7,665
See accompanying notes to consolidated financial statements.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.