Quarterly report pursuant to Section 13 or 15(d)

Pension and Other Postretirement Benefit Plans (Details)

v3.21.2
Pension and Other Postretirement Benefit Plans (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 01, 2021
Sep. 25, 2020
Oct. 01, 2021
Sep. 25, 2020
Net periodic pension and other Postretirement benefit cost        
Contributions to pension plan     $ 22 $ 25
Expected Future Employer Contributions, Next Fiscal Year $ 9   9  
Pension Benefits        
Net periodic pension and other Postretirement benefit cost        
Service cost 25 $ 28 74 84
Interest cost 46 58 137 176
Expected return on plan assets (152) (148) (454) (440)
Amortization of prior service cost (credit) 0 0 0 0
Amortization of net actuarial loss 34 43 114 128
Net periodic benefit cost (income) (47) (19) (129) (52)
Curtailment charges 0 0 0 0
Settlement charges 21 0 104 0
Total cost (income) $ (26) (19) $ (25) (52)
Weighted-Average Expected Long-term Rate of Return on Plan Assets 7.25%   7.25%  
Other Benefits        
Net periodic pension and other Postretirement benefit cost        
Service cost $ 2 2 $ 7 8
Interest cost 4 6 11 17
Expected return on plan assets (4) (4) (13) (12)
Amortization of prior service cost (credit) (1) (1) (2) (2)
Amortization of net actuarial loss 0 2 1 4
Net periodic benefit cost (income) 1 5 4 15
Curtailment charges 0 11 0 11
Settlement charges 0 0 0 0
Total cost (income) $ 1 $ 16 $ 4 $ 26
Weighted-Average Expected Long-term Rate of Return on Plan Assets 4.25%   4.25%