Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.7.0.1
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
3 Months Ended
Apr. 02, 2017
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
In millions
 
April 2,
2017
 
April 3,
2016
Defined benefit pension plans
 
 

 
 

Voluntary contribution
 
$
43

 
$
48

Mandatory contribution
 

 
12

Defined benefit pension contributions
 
$
43

 
$
60

 
 
 
 
 
Other postretirement plans
 
$
15

 
$
13

 
 
 
 
 
Defined contribution pension plans
 
$
29

 
$
21

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
 
April 2,
2017
 
April 3,
2016
 
April 2,
2017
 
April 3,
2016
 
April 2,
2017
 
April 3,
2016
Service cost
 
$
27

 
$
23

 
$
6

 
$
5

 
$

 
$

Interest cost
 
26

 
28

 
10

 
13

 
3

 
4

Expected return on plan assets
 
(51
)
 
(51
)
 
(17
)
 
(19
)
 

 

Recognized net actuarial loss
 
9

 
7

 
10

 
4

 
2

 
1

Net periodic benefit cost
 
$
11

 
$
7

 
$
9

 
$
3

 
$
5

 
$
5