Retirement Plans

9 Months Ended

Oct. 01, 2022

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 income for these plans are as follows:

	Three Months Ended				Nine Months Ended
(In millions)	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Pension Benefits
Service cost	$	27	$	29	$	81	$	87
Interest cost	69		62		205		188
Expected return on plan assets	(152)		(143)		(458)		(431)
Amortization of net actuarial loss	22		39		66		116
Amortization of prior service cost	3		4		9		10
Net periodic benefit income*	$	(31)	$	(9)	$	(97)	$	(30)
Postretirement Benefits Other Than Pensions
Service cost	$	1	$	1	$	2	$	2
Interest cost	1		1		4		4
Amortization of net actuarial gain	(1)		(1)		(3)		(2)
Amortization of prior service credit	(1)		(2)		(3)		(4)
Net periodic benefit income	$	—	$	(1)	$	—	$	—

* Excludes the cost associated with the defined contribution component, included in certain of our U.S.-based defined benefit pension plans, that totaled $2 million and $2 million in the third quarter of 2022 and 2021, respectively, and $9 million and $8 million for the first nine months of 2022 and 2021, respectively.