PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Tables)
|3 Months Ended|
Apr. 01, 2022
|Retirement Benefits [Abstract]|
|Defined Contribution Plan Disclosures||
Net periodic benefit cost or income for our pension and other postretirement benefit plans consisted of the following (in millions):
1The weighted-average expected long-term rates of return on plan assets used in computing 2022 net periodic benefit cost (income) were 7.00 percent for pension plans and 4.00 percent for other postretirement benefit plans.2Settlement charges were primarily related to our strategic realignment initiatives.
Tabular disclosure of defined contribution pension plans or defined contribution other postretirement plans, separately for pension plans and other postretirement benefit plans.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef