Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.20.2
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 28, 2020
Retirement Benefits [Abstract]  
Schedule Benefit Plans Disclosures Cash Contributions
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 Six months ended
In millions June 28,
2020		 June 30,
2019		 June 28,
2020		 June 30,
2019
Defined benefit pension contributions $ 10    $ 44    $ 66    $ 77   
OPEB payments, net 12    1    16    15   
Defined contribution pension plans 18    18    52    57   
Components of net periodic pension and other postretirement benefit cost
The components of net periodic pension and OPEB costs under our plans were as follows:
  Pension    
  U.S. Plans U.K. Plans OPEB
  Three months ended
In millions June 28,
2020		 June 30,
2019		 June 28,
2020		 June 30,
2019		 June 28,
2020		 June 30,
2019
Service cost $ 33    $ 29    $ 7    $ 6    $ —    $ —   
Interest cost 23    27    9    11    1    3   
Expected return on plan assets (48)   (48)   (18)   (18)   —    —   
Amortization of prior service cost 1    1    —    1    —    —   
Recognized net actuarial loss 10    4    9    3    —    —   
Net periodic benefit cost $ 19    $ 13    $ 7    $ 3    $ 1    $ 3   

  Pension    
  U.S. Plans U.K. Plans OPEB
  Six months ended
In millions June 28,
2020		 June 30,
2019		 June 28,
2020		 June 30,
2019		 June 28,
2020		 June 30,
2019
Service cost $ 67    $ 58    $ 14    $ 13    $ —    $ —   
Interest cost 47    54    18    22    3    5   
Expected return on plan assets (97)   (95)   (37)   (36)   —    —   
Amortization of prior service cost 1    1    1    1    —    —   
Recognized net actuarial loss 20    8    17    6    —    —   
Net periodic benefit cost $ 38    $ 26    $ 13    $ 6    $ 3    $ 5