Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.21.1
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 3 Months Ended
Apr. 04, 2021
Retirement Benefits [Abstract]  
Schedule Benefit Plans Disclosures Cash Contributions Contributions to these plans were as follows:
  Three months ended
In millions April 4,
2021		 March 29,
2020
Defined benefit pension contributions $ 42  $ 56 
OPEB payments, net 9  4 
Defined contribution pension plans 35  34 
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 April 4,
2021		 March 29,
2020		 April 4,
2021		 March 29,
2020		 April 4,
2021		 March 29,
2020
Service cost $ 35  $ 34  $ 8  $ 7  $ —  $ — 
Interest cost 19  24  8  9  1  2 
Expected return on plan assets (50) (49) (21) (19) —  — 
Amortization of prior service cost —  —  —  1  —  — 
Recognized net actuarial loss 12  10  8  8  —  — 
Net periodic benefit cost $ 16  $ 19  $ 3  $ 6  $ 1  $ 2