Retirement Plans

6 Months Ended

Jul. 03, 2021

Retirement Benefits [Abstract]

Retirement Plans

Retirement PlansWe provide defined benefit pension plans and other postretirement benefits to eligible employees.  The components of net periodic benefit cost (credit) for these plans are as follows:

	Three Months Ended				Six Months Ended
(In millions)	July 3, 2021		July 4, 2020		July 3, 2021		July 4, 2020
Pension Benefits
Service cost	$	29	$	26	$	58	$	52
Interest cost	63		74		126		147
Expected return on plan assets	(144)		(143)		(288)		(287)
Amortization of net actuarial loss	38		46		77		92
Amortization of prior service cost	3		3		6		6
Net periodic benefit cost (credit)*	$	(11)	$	6	$	(21)	$	10
Postretirement Benefits Other Than Pensions
Service cost	$	—	$	1	$	1	$	2
Interest cost	2		2		3		4
Amortization of net actuarial gain	—		—		(1)		—
Amortization of prior service credit	(1)		(2)		(2)		(3)
Net periodic benefit cost	$	1	$	1	$	1	$	3