PENSION BENEFITS - Components of Pension Expense (Details) - USD ($) $ in Millions |
12 Months Ended | ||
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Dec. 30, 2023 |
Dec. 31, 2022 |
Jan. 01, 2022 |
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Pension | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Pension (income) expense | $ 165 | $ 77 | $ (155) |
Global plans | |||
Defined Benefit Plan Disclosure [Line Items] | |||
401(k) expense | 40 | 41 | 41 |
Global plans | Pension | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Service Cost | 17 | 20 | 24 |
Interest Cost | 149 | 109 | 83 |
Expected Return on Plan Assets | (183) | (215) | (253) |
Amortization of Unrecognized Prior Service Cost (Credit) | 6 | 6 | 5 |
Other | 0 | (1) | 0 |
Recognized net (gain) loss | 171 | 153 | (20) |
Net periodic benefit cost | 160 | 72 | (161) |
Curtailment and special termination benefits | 0 | 0 | (1) |
Pension (income) expense | 160 | 72 | (162) |
Foreign and U.S. multiemployer defined contribution plan | Pension | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Pension (income) expense | $ 5 | $ 5 | $ 7 |
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of prior service cost (credit) recognized in net periodic benefit cost (credit) of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of defined benefit plan cost (credit), classified as other. No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit from settlement and curtailment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost for defined contribution plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cost (reversal of cost) for pension benefits. Excludes other postretirement benefits. No definition available.
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