Retirement Plans

6 Months Ended

Jul. 01, 2017

Retirement Plans

Retirement Plans

Note 3.  Retirement Plans We 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 1, 2017		July 2, 2016		July 1, 2017		July 2, 2016
Pension Benefits
Service cost	$	25	$	25	$	50	$	49
Interest cost		81		85		161		170
Expected return on plan assets		(127)		(122)		(253)		(245)
Amortization of net actuarial loss		34		26		68		52
Amortization of prior service cost		4		3		8		7
Net periodic benefit cost	$	17	$	17	$	34	$	33
Postretirement Benefits Other Than Pensions
Service cost	$	—	$	—	$	1	$	1
Interest cost		3		4		6		8
Amortization of prior service credit		(2)		(5)		(4)		(11)
Net periodic benefit cost (credit)	$	1	$	(1)	$	3	$	(2)