Pension and Other Benefit Programs

3 Months Ended

Jan. 01, 2022

Retirement Benefits [Abstract]

Pension and Other Benefit Programs

Pension and Other Benefit Programs

The components of net periodic benefit cost are as follows:

	Pension Plans				Postretirement Medical Plans
	Quarter Ended				Quarter Ended
	January 1, 2022		January 2, 2021		January 1, 2022		January 2, 2021
Service costs	$	100	$	108	$	2	$	3
Other costs (benefits):
Interest costs	124		114		13		12
Expected return on plan assets	(293)		(275)		(15)		(14)
Amortization of previously deferred service costs	1		2		—		—
Recognized net actuarial loss	147		186		7		7
Total other costs (benefits)	(21)		27		5		5
Net periodic benefit cost	$	79	$	135	$	7	$	8

During the quarter ended January 1, 2022, the Company did not make any material contributions to its pension and postretirement medical plans. The Company currently expects to make approximately $100 million to $150 million in pension and postretirement medical plans contributions in fiscal 2022. Final minimum funding requirements for fiscal 2022 will be determined based on a January 1, 2022 funding actuarial valuation, which is expected to be received by the end of the fourth quarter of fiscal 2022.