Employee Benefits (Details) - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
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Sep. 26, 2020 |
Sep. 28, 2019 |
Sep. 26, 2020 |
Sep. 28, 2019 |
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Target allocation and pension plan asset allocation | ||||
Pension distribution | $ 32 | |||
Pension settlement charge | 9 | $ 11 | ||
Components of net periodic benefit cost: | ||||
Service cost | 2 | $ 2 | 7 | $ 6 |
Interest cost | 2 | 3 | 8 | 9 |
Expected return on plan assets | (2) | (2) | (8) | (7) |
Amortization | 1 | 1 | 5 | 5 |
Settlement loss recognized | 9 | 11 | ||
Net periodic benefit cost | 12 | $ 4 | 23 | $ 13 |
Deferred compensation paid | 32 | |||
Defined benefit pension plan | ||||
Target allocation and pension plan asset allocation | ||||
Contributions expected to be made to defined benefit pension plans | $ 0 | $ 0 |
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- Definition The amount of gains or losses and any other periodic costs associated with defined benefit plans that are not separately disclosed, recognized in net periodic benefit cost. No definition available.
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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 contribution expected to be received by defined benefit plan from employer in remainder of current fiscal year. Excludes contribution previously paid by employer in current fiscal year. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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/disclosureRef
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- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit from irrevocable action relieving primary responsibility for benefit obligation and eliminating risk related to obligation and assets used to effect settlement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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/disclosureRef
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- Definition The increase (decrease) during the reporting period in the obligation created by employee agreements whereby earned compensation will be paid in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash outflow for pension benefit. Includes, but is not limited to, employer contribution to fund plan asset and payment to retiree. Excludes other postretirement benefit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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