Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.5.0.2
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jul. 03, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule of Defined Benefit Plans Disclosures Cash Contributions [Text Block]
Contributions to these plans were as follows:
 
 
 
Three months ended
 
Six months ended
In millions
 
July 3,
2016
 
June 28,
2015
 
July 3,
2016
 
June 28,
2015
Defined benefit pension plans
 
 

 
 

 
 

 
 

Voluntary contribution
 
$
37

 
$
36

 
$
85

 
$
72

Mandatory contribution
 
6

 
6

 
18

 
82

Defined benefit pension contributions
 
$
43

 
$
42

 
$
103

 
$
154

 
 
 
 
 
 
 
 
 
Other postretirement plans
 
$
15

 
$
12

 
$
28

 
$
25

 
 
 
 
 
 
 
 
 
Defined contribution pension plans
 
$
14

 
$
17

 
$
35

 
$
42

Components of net periodic pension and other postretirement benefit cost
The components of net periodic pension and other postretirement benefit costs under our plans were as follows:
 
 
Pension
 
 
 
 
 
 
U.S. Plans
 
U.K. Plans
 
Other Postretirement Benefits
 
 
Three months ended
In millions
 
July 3,
2016
 
June 28,
2015
 
July 3,
2016
 
June 28,
2015
 
July 3,
2016
 
June 28,
2015
Service cost
 
$
23

 
$
20

 
$
6

 
$
6

 
$
—

 
$
—

Interest cost
 
28

 
26

 
13

 
14

 
4

 
4

Expected return on plan assets
 
(51
)
 
(48
)
 
(19
)
 
(22
)
 
—

 
—

Recognized net actuarial loss
 
7

 
12

 
4

 
8

 
2

 
1

Net periodic benefit cost
 
$
7

 
$
10

 
$
4

 
$
6

 
$
6

 
$
5

 
 
Pension
 
 
 
 
 
 
U.S. Plans
 
U.K. Plans
 
Other Postretirement Benefits
 
 
Six months ended
In millions
 
July 3,
2016
 
June 28,
2015
 
July 3,
2016
 
June 28,
2015
 
July 3,
2016
 
June 28,
2015
Service cost
 
$
46

 
$
40

 
$
11

 
$
13

 
$
—

 
$
—

Interest cost
 
56

 
51

 
26

 
28

 
8

 
8

Expected return on plan assets
 
(102
)
 
(95
)
 
(38
)
 
(45
)
 
—

 
—

Recognized net actuarial loss
 
14

 
23

 
8

 
17

 
3

 
2

Net periodic benefit cost
 
$
14

 
$
19

 
$
7

 
$
13

 
$
11

 
$
10