Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.22.2
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Schedule Benefit Plans Disclosures Cash Contributions Contributions to these plans were as follows:
  Three months ended Six months ended
In millions June 30,
2022		 July 4,
2021		 June 30,
2022		 July 4,
2021
Defined benefit pension contributions $ 6  $ 12  $ 39  $ 54 
OPEB payments, net 6  5  16  14 
Defined contribution pension plans 20  17  56  52 
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 June 30,
2022		 July 4,
2021		 June 30,
2022		 July 4,
2021		 June 30,
2022		 July 4,
2021
Service cost $ 34  $ 35  $ 8  $ 9  $ —  $ — 
Interest cost 22  20  9  7  1  1 
Expected return on plan assets (52) (50) (20) (22) —  — 
Amortization of prior service cost —  —  —  1  —  — 
Recognized net actuarial loss 6  12  —  8  —  — 
Net periodic benefit cost (credit) $ 10  $ 17  $ (3) $ 3  $ 1  $ 1 
  Pension    
  U.S. Plans U.K. Plans OPEB
  Six months ended
In millions June 30,
2022		 July 4,
2021		 June 30,
2022		 July 4,
2021		 June 30,
2022		 July 4,
2021
Service cost $ 68  $ 70  $ 16  $ 17  $ —  $ — 
Interest cost 44  39  18  15  2  2 
Expected return on plan assets (104) (100) (40) (43) —  — 
Amortization of prior service cost —  —  —  1  —  — 
Recognized net actuarial loss 12  24  1  16  —  — 
Net periodic benefit cost (credit) $ 20  $ 33  $ (5) $ 6  $ 2  $ 2