Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.21.2
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 9 Months Ended
Oct. 03, 2021
Retirement Benefits [Abstract]  
Schedule Benefit Plans Disclosures Cash Contributions Contributions to these plans were as follows:
  Three months ended Nine months ended
In millions October 3,
2021		 September 27,
2020		 October 3,
2021		 September 27,
2020
Defined benefit pension contributions $ 13  $ 11  $ 67  $ 77 
OPEB payments, net 5  9  19  25 
Defined contribution pension plans 20  18  72  70 
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 October 3,
2021		 September 27,
2020		 October 3,
2021		 September 27,
2020		 October 3,
2021		 September 27,
2020
Service cost $ 35  $ 33  $ 8  $ 8  $ —  $ — 
Interest cost 20  24  8  8  1  2 
Expected return on plan assets (49) (49) (22) (19) —  — 
Amortization of prior service cost —  —  1  1  —  — 
Recognized net actuarial loss 11  10  8  9  —  — 
Net periodic benefit cost $ 17  $ 18  $ 3  $ 7  $ 1  $ 2 
  Pension    
  U.S. Plans U.K. Plans OPEB
  Nine months ended
In millions October 3,
2021		 September 27,
2020		 October 3,
2021		 September 27,
2020		 October 3,
2021		 September 27,
2020
Service cost $ 105  $ 100  $ 25  $ 22  $ —  $ — 
Interest cost 59  71  23  26  3  5 
Expected return on plan assets (149) (146) (65) (56) —  — 
Amortization of prior service cost —  1  2  2  —  — 
Recognized net actuarial loss 35  30  24  26  —  — 
Net periodic benefit cost $ 50  $ 56  $ 9  $ 20  $ 3  $ 5