Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Details)

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PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Jun. 28, 2024
Jun. 30, 2023
Net periodic pension and other Postretirement benefit cost        
Contributions to pension plan     $ 16 $ 23
Increase (Decrease) for Assets Transferred to (from) Plan     (44)  
Expected Future Employer Contributions, Remainder of Fiscal Year $ 19   19  
Pension Benefits        
Net periodic pension and other Postretirement benefit cost        
Service cost 26 $ 23 53 47
Interest cost 77 81 154 162
Expected return on plan assets (117) (119) (235) (238)
Amortization of prior service cost (credit) 1 1 1 1
Amortization of net actuarial loss 25 24 51 48
Total cost (income) recognized in condensed consolidated statements of income $ 12 10 $ 24 20
Weighted-Average Expected Long-term Rate of Return on Plan Assets 7.00%   7.00%  
Other Benefits        
Net periodic pension and other Postretirement benefit cost        
Service cost $ 1 1 $ 2 2
Interest cost 5 7 9 14
Expected return on plan assets (2) (3) (4) (7)
Amortization of prior service cost (credit) (1) (1) (2) (2)
Amortization of net actuarial loss (1) (2) (2) (3)
Total cost (income) recognized in condensed consolidated statements of income $ 2 $ 2 $ 3 $ 4
Weighted-Average Expected Long-term Rate of Return on Plan Assets 4.50%   4.50%