RETIREMENT BENEFITS (Tables)

3 Months Ended

Mar. 29, 2024

Retirement Benefits [Abstract]

Schedule of Components of Net Benefit Income

The following tables provide the components of our net periodic benefit income for our defined benefit plans, including defined benefit pension plans and other postretirement benefit (“OPEB”) plans:

	Quarter Ended March 29, 2024				Quarter Ended March 31, 2023
(In millions)	Pension		Other Benefits		Pension		Other Benefits
Net periodic benefit income
Operating
Service cost	$	8	$	—	$	6	$	—
Non-operating
Interest cost	99		3		92		3
Expected return on plan assets	(165)		(5)		(153)		(5)
Amortization of net actuarial gain	(1)		(4)		(2)		(5)
Amortization of prior service credit	(7)		—		(7)		—
Non-service cost periodic benefit income	(74)		(6)		(70)		(7)
Net periodic benefit income	$	(66)	$	(6)	$	(64)	$	(7)