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Defined Benefit Plans
 3 Months Ended
Apr. 02, 2021
Retirement Benefits [Abstract]  
Defined Benefit Plans DEFINED BENEFIT PLANS
The following sets forth the components of the Company’s net periodic benefit (cost) of the noncontributory defined benefit pension plans ($ in millions):
Three-Month Period Ended
April 2, 2021April 3, 2020
U.S. pension benefits:
Service cost$— $— 
Interest cost(12)(17)
Expected return on plan assets31 29 
Amortization of actuarial loss(11)(9)
Net periodic pension benefit$8 $3 
Non-U.S. pension benefits:
Service cost$(11)$(6)
Interest cost(5)(4)
Expected return on plan assets11 9 
Amortization of actuarial loss(3)(2)
Net periodic pension cost$(8)$(3)
The following sets forth the components of the Company’s net periodic benefit cost of the other postretirement employee benefit plans ($ in millions):
 Three-Month Period Ended
 April 2, 2021April 3, 2020
Service cost$— $— 
Interest cost(1)(1)
Amortization of prior service credit1 — 
Net periodic cost$— $(1)
The net periodic benefit cost of the noncontributory defined benefit pension plans and other postretirement employee benefit plans incurred during the three-month periods ended April 2, 2021 and April 3, 2020 are reflected in the following captions in the accompanying Consolidated Condensed Statements of Earnings ($ in millions):
 Three-Month Period Ended
 April 2, 2021April 3, 2020
Service cost:
Cost of sales$(2)$(1)
Selling, general and administrative expenses(9)(5)
Total service cost(11)(6)
Other net periodic benefit costs:
Other income (expense), net11 5 
Total expense$— $(1)
Employer Contributions
During 2021, the Company’s cash contribution requirements for its U.S. and non-U.S. defined benefit pension plans are forecasted to be approximately $10 million and $50 million, respectively. The ultimate amounts to be contributed depend upon, among other things, legal requirements, underlying asset returns, the plan’s funded status, the anticipated tax deductibility of the contribution, local practices, market conditions, interest rates and other factors.