Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS

v3.20.1
PENSION AND OTHER POSTRETIREMENT BENEFITS
 3 Months Ended
Mar. 29, 2020
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS
NOTE 4. PENSIONS AND OTHER POSTRETIREMENT BENEFITS
We sponsor funded and unfunded domestic and foreign defined benefit pension and other postretirement benefit (OPEB) plans. Contributions to these plans were as follows: 
  Three months ended
In millions March 29,
2020		 March 31,
2019
Defined benefit pension contributions $ 56    $ 33   
OPEB payments, net 4    14   
Defined contribution pension plans 34    39   
During the remainder of 2020, we anticipate making additional defined benefit pension contributions of $35 million in cash to our global pension plans. These contributions may be made from trusts or company funds either to increase pension assets or to make direct benefit payments to plan participants. Our 2020 annual net periodic pension cost is $102 million.
The components of net periodic pension and other postretirement benefit costs under our plans were as follows:
  Pension    
  U.S. Plans U.K. Plans Other Postretirement Benefits
  Three months ended
In millions March 29,
2020		 March 31,
2019		 March 29,
2020		 March 31,
2019		 March 29,
2020		 March 31,
2019
Service cost $ 34    $ 29    $ 7    $ 7    $ —    $ —   
Interest cost 24    27    9    11    2    2   
Expected return on plan assets (49)   (47)   (19)   (18)   —    —   
Amortization of prior service cost —    —    1    —    —    —   
Recognized net actuarial loss 10    4    8    3    —    —   
Net periodic benefit cost $ 19    $ 13    $ 6    $ 3    $ 2    $ 2