Pension and Other Postretirement Benefit Plans

3 Months Ended

Jan. 02, 2021

Retirement Benefits [Abstract]

Pension and Other Postretirement Benefits Plans

PENSIONS AND OTHER POSTRETIREMENT BENEFIT PLANS

The components of the net periodic cost for the pension and postretirement benefit plans for the three months ended January 2, 2021 and December 28, 2019 are as follows (in millions):

	Pension Plans
	Three Months Ended
	January 2, 2021		December 28, 2019
Service cost	$	—	$	—
Interest cost	2		10
Expected return on plan assets	—		(9)
Amortization of net actuarial loss	1		1
Net periodic cost (credit)	$	3	$	2

	Postretirement Benefit Plans
	Three Months Ended
	January 2, 2021		December 28, 2019
Interest cost	$	—	$	—
Amortization of prior service cost (credit)	—		—
Net periodic cost (credit)	$	—	$	—

Net periodic benefit cost, excluding the service cost component, was recorded in the Consolidated Condensed Statements of Income in Other, net.