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Retirement Plans (Tables)
12 Months Ended
Dec. 28, 2019
Retirement Benefits [Abstract]  
Components of Net Periodic Pension and Other Postretirement Benefit Costs
The components of net periodic pension benefit costs (credits) for the Retirement Plan the last three fiscal years were as follows:
 
2019
 
2018
 
2017
Components of net periodic pension benefit costs (credits):
 
 
 
 
 
Service cost
$
2

 
$
2

 
$
2

Interest cost
37

 
36

 
40

Expected return on plan assets
(49
)
 
(52
)
 
(48
)
Amortization of net loss
4

 
3

 
4

Settlements
12

 

 
18

Net periodic pension benefit costs (credits)
$
6

 
$
(11
)
 
$
16

    
Changes in Plan Assets and Benefit Obligations
Changes in plan assets and benefit obligations recorded in accumulated other comprehensive loss for pension benefits for the last three fiscal years were as follows:
 
2019
 
2018
 
2017
Changes recognized in accumulated other comprehensive loss:
 
 
 
 
 
Actuarial gain
$
44

 
$
6

 
$

Amortization of net loss
4

 
3

 
4

Settlements
12

 

 
18

Net amount recognized
$
60

 
$
9

 
$
22

Funded Status of the Defined Benefit Plans
The funded status of the Retirement Plan for the last three fiscal years was as follows:
 
Pension Benefits
 
2019
 
2018
 
2017
Change in benefit obligation:
 
 
 
 
 
Benefit obligation as of beginning of year
$
871

 
$
976

 
$
966

Service cost
2

 
2

 
2

Interest cost
37

 
36

 
40

Actuarial loss (gain)
100

 
(97
)
 
76

Settlements
(84
)
 

 
(87
)
Benefit disbursements
(23
)
 
(46
)
 
(21
)
Benefit obligation as of end of year
903

 
871

 
976

Change in plan assets:
 
 
 
 
 
Fair value of plan assets as of beginning of year
836

 
851

 
799

Return on plan assets
193

 
(40
)
 
124

Employer contribution
1

 
71

 
36

Settlements
(84
)
 

 
(87
)
Benefit disbursements
(23
)
 
(46
)
 
(21
)
Fair value of plan assets as of end of year
923

 
836

 
851

Net funded status
$
20

 
$
(35
)
 
$
(125
)

Schedule of Net Funded Status [Table Text Block]
 
Other Postretirement Plans
 
2019
 
2018
 
2017
Change in benefit obligation:
 
 
 
 
 
Benefit obligation as of beginning of year
$
6

 
$
7

 
$
7

Benefit disbursements
(1
)
 
(1
)
 
(1
)
Other
1

 

 
1

Benefit obligation as of end of year
6

 
6

 
7

Change in plan assets:
 
 
 
 
 
Fair value of plan assets as of beginning of year

 

 

Employer contribution
1

 
1

 
1

Benefit disbursements
(1
)
 
(1
)
 
(1
)
Fair value of plan assets as of end of year

 

 

Net funded status
$
(6
)
 
$
(6
)
 
$
(7
)

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
 
Pension Benefits
 
2019
 
2018
 
2017
Amounts recognized in the consolidated
   balance sheets consist of the following:
 
 
 
 
 
Prepaid benefit obligation—noncurrent
$
22

 
$

 
$

Accrued benefit obligation—current

 

 
(1
)
Accrued benefit obligation—noncurrent
(2
)
 
(35
)
 
(124
)
Net amount recognized in the consolidated
   balance sheets
$
20

 
$
(35
)
 
$
(125
)
Amounts recognized in accumulated other
   comprehensive loss consist of the following:
 
 
 
 
 
Net loss
$
129

 
$
190

 
$
199

Net loss recognized in accumulated other
   comprehensive loss
$
129

 
$
190

 
$
199

Additional information:
 
 
 
 
 
Accumulated benefit obligation
$
899

 
$
869

 
$
974

 
Other Postretirement Plans
 
2019
 
2018
 
2017
Amounts recognized in the consolidated
   balance sheets consist of the following:
 
 
 
 
 
Accrued benefit obligation—current
$
(1
)
 
$
(1
)
 
$
(1
)
Accrued benefit obligation—noncurrent
(5
)
 
(5
)
 
(6
)
Net amount recognized in the consolidated
   balance sheets
$
(6
)
 
$
(6
)
 
$
(7
)
Amounts recognized in accumulated other
   comprehensive loss consist of the following:
 
 
 
 
 
Gain, net of prior service cost
$
1

 
$
1

 
$
1

Net gain recognized in accumulated other
   comprehensive loss
$
1

 
$
1

 
$
1


 
Pension Benefits
Amounts expected to be amortized from
   accumulated other comprehensive loss in the
   next fiscal year:
 
Net loss
$
1


Assumptions to Determine Benefit Obligations at Period-end and Net Pension Costs
Weighted average assumptions used to determine benefit obligations as of period-end and net pension costs for the last three fiscal years were as follows:
 
Pension Benefits
 
2019
 
2018
 
2017
Benefit obligation:
 
 
 
 
 
Discount rate
3.50
%
 
4.35
%
 
3.70
%
Annual compensation increase
3.60
%
 
3.60
%
 
3.60
%
Net cost:
 
 
 
 
 
Discount rate
4.35
%
 
3.70
%
 
4.25
%
Expected return on plan assets
6.00
%
 
6.00
%
 
6.00
%
Annual compensation increase
3.60
%
 
3.60
%
 
3.60
%
 
Other Postretirement Plans
 
2019
 
2018
 
2017
Benefit obligation—discount rate
3.50
%
 
4.35
%
 
3.70
%
Net cost—discount rate
4.35
%
 
3.70
%
 
4.25
%

Assumed Health Care Trend Rates The assumed healthcare trend rates for the last three fiscal years were as follows:
 
2019
 
2018
 
2017
Immediate rate
5.90
%
 
6.30
%
 
6.70
%
Ultimate trend rate
4.50
%
 
4.50
%
 
4.50
%
Year the rate reaches the ultimate trend rate
2037

 
2037

 
2037


Fair Value of Defined Benefit Plans' Assets by Asset Fair Value Hierarchy Level
The following table sets forth the fair value of our defined benefit plans’ assets by asset fair value hierarchy level:
 
Asset Fair Value as of December 28, 2019
 
Level 1
 
Level 2
 
Level 3
 
Total
Cash and cash equivalents
$
3

 
$

 
$

 
$
3

Equities:
 
 
 
 
 
 
 
Domestic
46

 

 

 
46

International
2

 

 

 
2

Mutual fund:
 
 
 
 
 
 
 
International equities
26

 

 

 
26

Long-term debt securities:
 
 
 
 
 
 
 
Corporate debt securities:
 
 
 
 
 
 
 
Domestic

 
248

 

 
248

International

 
38

 

 
38

U.S. government securities

 
6

 

 
6

Other

 
2

 

 
2

 
$
77

 
$
294

 
$

 
371

Common collective trust funds:
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
16

Domestic equities
 
 
 
 
 
 
193

International equities
 
 
 
 
 
 
50

Treasury STRIPS
 
 
 
 
 
 
293

Total investments measured at net asset value
     as a practical expedient
 
 
 
 
 
 
552

Total defined benefit plans’ assets
 
 
 
 
 
 
$
923

 
Asset Fair Value as of December 29, 2018
 
Level 1
 
Level 2
 
Level 3
 
Total
Cash and cash equivalents
$
5

 
$

 
$

 
$
5

Equities:
 
 
 
 
 
 
 
Domestic
34

 

 

 
34

International
1

 

 

 
1

Mutual fund:
 
 
 
 
 
 
 
International equities
21

 

 

 
21

Long-term debt securities:
 
 
 
 
 
 
 
Corporate debt securities:
 
 
 
 
 
 
 
Domestic

 
236

 

 
236

International

 
33

 

 
33

U.S. government securities

 
8

 

 
8

Other

 
2

 

 
2

 
$
61

 
$
279

 
$

 
340

Common collective trust funds:
 
 
 
 
 
 
 
Cash equivalents
 
 
 
 
 
 
9

Domestic equities
 
 
 
 
 
 
156

International equities
 
 
 
 
 
 
40

Treasury STRIPS
 
 
 
 
 
 
291

Total investments measured at net asset value
     as a practical expedient
 
 
 
 
 
 
496

Total defined benefit plans’ assets
 
 
 
 
 
 
$
836



Estimated Future Benefit Payments
Estimated future benefit payments, under Company sponsored plans as of December 28, 2019, were as follows:
 
Pension Benefits
 
Other Postretirement Plans
2020
$
52

 
$
1

2021
50

 
1

2022
48

 
1

2023
45

 
1

2024
43

 
1

Subsequent five years
220

 
2


Contributions to Multiemployer Pension Plans
Pension Fund
 
EIN/
Plan Number
 
PPA
Zone Status
 
FIP/RP Status
Pending/
Implemented
 
Surcharge
Imposed
 
Expiration Dates
 
 
 
 
2019
 
2018
 
 
 
 
 
 
Minneapolis Food Distributing
   Industry Pension Plan
 
41-6047047/001
 
Green
 
Green
 
N/A
 
No
 
04/01/21
Teamster Pension Trust Fund of
   Philadelphia and Vicinity
 
23-1511735/001
 
Yellow
 
Yellow
 
Implemented
 
No
 
2/13/22
Local 703 I.B. of T. Grocery and
Food Employees’ Pension Plan
 
36-6491473/001
 
Green
 
Green
 
N/A
 
No
 
6/30/21
United Teamsters Trust Fund A
 
13-5660513/001
 
Yellow
 
Yellow
 
Implemented
 
No
 
5/30/22
Warehouse Employees Local
   169 and Employers Joint
   Pension Fund(1)
 
23-6230368/001
 
Red
 
Red
 
Implemented
 
No
 
2/13/22

(1)
Local 169 filed a Notice of Critical and Declining Status in 2017.

The following table provides information about the Company’s contributions to its multiemployer pension plans. For plans that are not individually significant to the Company, the total amount of the Company's contributions is aggregated.
 
Contributions(1)(2)
 
Contributions That
Exceed 5% of
Total Plan Contributions(3)
 
2019
 
2018
 
2017
 
2018
 
2017
Pension Fund
 
 
 
 
 
 
 
 
 
Minneapolis Food Distributing Industry Pension Plan
$
5

 
$
5

 
$
5

 
Yes

 
Yes

Teamster Pension Trust Fund of Philadelphia and Vicinity
4

 
4

 
4

 
No

 
No

Local 703 I.B. of T. Grocery and Food Employees’ 
     Pension Plan
2

 
2

 
1

 
Yes

 
Yes

United Teamsters Trust Fund A
2

 
2

 
2

 
Yes

 
Yes

Warehouse Employees Local 169 and Employers 
     Joint Pension Fund
1

 
1

 
1

 
Yes

 
Yes

Other funds
24

 
21

 
21

 

 

 
$
38

 
$
35

 
$
34

 
 
 
 

(1)
Contributions made to these plans during the Company’s fiscal year, which may not coincide with the plans’ respective fiscal years.
(2)
Contributions do not include payments related to multiemployer pension plan withdrawals/settlements.
(3)
Indicates whether the Company was listed in the respective multiemployer pension plan Form 5500 for the applicable plan year as having made more than 5% of total contributions to the plan.