Pension Plans - Summary of Weighted-Average Assumptions Used to Determine Full-Year Pension Costs (Detail) - Pension Plan |
12 Months Ended | ||
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Jan. 01, 2022 |
Jan. 02, 2021 |
Dec. 28, 2019 |
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Defined Benefit Plan Disclosure [Line Items] | |||
Discount rate | 2.50% | 3.20% | 4.20% |
Expected return on plan assets | 6.50% | 7.00% | 7.10% |
Rate of compensation increase | 3.40% | 3.40% | 3.40% |
Interest crediting rate - U.S. cash balance plan | 3.80% | 3.80% | 3.80% |
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- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine net periodic benefit cost of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average rate of return on plan assets, reflecting average rate of earnings expected on existing plan assets and expected contributions, used to determine net periodic benefit cost of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average rate of compensation increase used to determine net periodic benefit cost of defined benefit plan. Plan includes, but is not limited to, pay-related defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted-average interest crediting rate used to determine net periodic benefit cost of defined benefit plan. Plan includes, but is not limited to, cash balance and other defined benefit plans with promised interest crediting rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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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- Details
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