Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.21.2
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jul. 04, 2021
Retirement Benefits [Abstract]  
Schedule Benefit Plans Disclosures Cash Contributions Contributions to these plans were as follows:
  Three months ended Six months ended
In millions July 4,
2021		 June 28,
2020		 July 4,
2021		 June 28,
2020
Defined benefit pension contributions $ 12  $ 10  $ 54  $ 66 
OPEB payments, net 5  12  14  16 
Defined contribution pension plans 17  18  52  52 
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 July 4,
2021		 June 28,
2020		 July 4,
2021		 June 28,
2020		 July 4,
2021		 June 28,
2020
Service cost $ 35  $ 33  $ 9  $ 7  $ —  $ — 
Interest cost 20  23  7  9  1  1 
Expected return on plan assets (50) (48) (22) (18) —  — 
Amortization of prior service cost —  1  1  —  —  — 
Recognized net actuarial loss 12  10  8  9  —  — 
Net periodic benefit cost $ 17  $ 19  $ 3  $ 7  $ 1  $ 1 
  Pension    
  U.S. Plans U.K. Plans OPEB
  Six months ended
In millions July 4,
2021		 June 28,
2020		 July 4,
2021		 June 28,
2020		 July 4,
2021		 June 28,
2020
Service cost $ 70  $ 67  $ 17  $ 14  $ —  $ — 
Interest cost 39  47  15  18  2  3 
Expected return on plan assets (100) (97) (43) (37) —  — 
Amortization of prior service cost —  1  1  1  —  — 
Recognized net actuarial loss 24  20  16  17  —  — 
Net periodic benefit cost $ 33  $ 38  $ 6  $ 13  $ 2  $ 3