PENSION AND OTHER POSTRETIREMENT BENEFITS
|6 Months Ended|
Jul. 04, 2021
|Retirement Benefits [Abstract]|
|PENSION AND OTHER POSTRETIREMENT BENEFITS||
NOTE 3. 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:
During the remainder of 2021, we anticipate making $10 million in additional defined benefit pension contributions in the U.K. and $9 million in contributions to our U.S. non-qualified benefit 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. We expect our 2021 annual net periodic pension cost to approximate $79 million.
The components of net periodic pension and OPEB costs under our plans were as follows:
The entire disclosure for retirement benefits.
Reference 1: http://www.xbrl.org/2003/role/exampleRef