POSTRETIREMENT BENEFIT PLANS (Tables)

3 Months Ended

Mar. 26, 2023

Retirement Benefits [Abstract]

Schedule of Pretax Net Periodic Benefit Cost

The pretax FAS income related to our qualified defined benefit pension plans and retiree medical and life insurance plans consisted of the following (in millions):

	Quarters Ended
	March 26, 2023		March 27, 2022
Qualified defined benefit pension plans
Operating:
Service cost	$	(16)	$	(24)
Non-operating:
Interest cost	(365)		(302)
Expected return on plan assets	430		502
Recognized net actuarial losses	(42)		(150)
Amortization of prior service credits	87		90
Non-service FAS pension income	110		140
Total FAS pension income	$	94	$	116
Retiree medical and life insurance plans
Operating:
Service cost	$	(1)	$	(2)
Non-operating:
Interest cost	(17)		(12)
Expected return on plan assets	26		34
Recognized net actuarial gains	8		11
Amortization of prior service costs	(3)		(7)
Non-service FAS retiree medical and life income	14		26
Total FAS retiree medical and life income	$	13	$	24