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Postemployment Benefits (Notes)
 9 Months Ended
Sep. 28, 2019
Retirement Benefits [Abstract]  
Postemployment Benefits Postemployment Benefits
We capitalize a portion of net pension and postretirement cost/(benefit) into inventory based on our production activities. Beginning January 1, 2018, only the service cost component of net pension and postretirement cost/(benefit) is capitalized into inventory. As part of the adoption of ASU 2017-07 in the first quarter of 2018, we recognized a one-time favorable credit of $42 million within cost of products sold related to amounts that were previously capitalized into inventory. Included in this credit was $28 million related to prior service credits that were previously capitalized to inventory.
Pension Plans
Components of Net Pension Cost/(Benefit):
Net pension cost/(benefit) consisted of the following (in millions):
 
For the Three Months Ended
 
U.S. Plans
 
Non-U.S. Plans
 
September 28, 2019
 
September 29, 2018
 
September 28, 2019
 
September 29, 2018
Service cost
$
2

 
$
2

 
$
4

 
$
4

Interest cost
41

 
41

 
12

 
16

Expected return on plan assets
(58
)
 
(60
)
 
(34
)
 
(42
)
Amortization of prior service costs/(credits)
—

 
—

 
1

 
—

Amortization of unrecognized losses/(gains)
—

 
—

 
—

 
1

Settlements
—

 
(1
)
 
—

 
—

Special/contractual termination benefits
—

 
—

 
1

 
—

Other
—

 
—

 
2

 
—

Net pension cost/(benefit)
$
(15
)
 
$
(18
)
 
$
(14
)
 
$
(21
)

 
For the Nine Months Ended
 
U.S. Plans
 
Non-U.S. Plans
 
September 28, 2019
 
September 29, 2018
 
September 28, 2019
 
September 29, 2018
Service cost
$
6

 
$
7

 
$
12

 
$
14

Interest cost
122

 
118

 
38

 
52

Expected return on plan assets
(172
)
 
(187
)
 
(107
)
 
(134
)
Amortization of prior service costs/(credits)
—

 
—

 
1

 
—

Amortization of unrecognized losses/(gains)
—

 
—

 
—

 
2

Settlements
—

 
(3
)
 
—

 
58

Curtailments
—

 
—

 
—

 
(1
)
Special/contractual termination benefits
—

 
—

 
1

 
6

Other
—

 
—

 
3

 
—

Net pension cost/(benefit)
$
(44
)
 
$
(65
)
 
$
(52
)
 
$
(3
)

We present all non-service cost components of net pension cost/(benefit) within other expense/(income) on our condensed consolidated statements of income.
Employer Contributions:
Related to our non-U.S. pension plans, we contributed $15 million during the nine months ended September 28, 2019 and plan to make further contributions of approximately $4 million during the remainder of 2019. Related to our U.S. pension plans, we did not contribute during the nine months ended September 28, 2019 and do not plan to make contributions during the remainder of 2019. Our actual contributions and plans may change due to many factors, including changes in tax, employee benefit, or other laws and regulations, tax deductibility, significant differences between expected and actual pension asset performance or interest rates, or other factors.
Postretirement Plans
Components of Net Postretirement Cost/(Benefit):
Net postretirement cost/(benefit) consisted of the following (in millions):
 
For the Three Months Ended
 
For the Nine Months Ended
 
September 28, 2019
 
September 29, 2018
 
September 28, 2019
 
September 29, 2018
Service cost
$
1

 
$
2

 
$
4

 
$
6

Interest cost
12

 
11

 
35

 
33

Expected return on plan assets
(13
)
 
(12
)
 
(40
)
 
(37
)
Amortization of prior service costs/(credits)
(77
)
 
(77
)
 
(230
)
 
(233
)
Amortization of unrecognized losses/(gains)
(2
)
 
—

 
(6
)
 
—

Curtailments
(4
)
 
—

 
(4
)
 
—

Net postretirement cost/(benefit)
$
(83
)
 
$
(76
)
 
$
(241
)
 
$
(231
)

We present all non-service cost components of net postretirement cost/(benefit) within other expense/(income) on our condensed consolidated statements of income.
Employer Contributions:
During the nine months ended September 28, 2019, we contributed $8 million to our postretirement benefit plans. We plan to make further contributions of approximately $4 million to our postretirement benefit plans during the remainder of 2019. Our actual contributions and plans may change due to many factors, including changes in tax, employee benefit, or other laws and regulations, tax deductibility, significant differences between expected and actual postretirement plan asset performance or interest rates, or other factors.