Pensions and Other Postretirement Benefits (Tables)

9 Months Ended

Sep. 28, 2014

Compensation and Retirement Disclosure [Abstract]

Components of net periodic benefit cost

Net periodic benefit cost for the Company’s defined benefit retirement plans and other benefit plans for the fiscal third quarters of 2014 and 2013 include the following components:

	Fiscal Third Quarters Ended
	Retirement Plans					Other Benefit Plans
(Dollars in Millions)	September 28, 2014			September 29, 2013		September 28, 2014		September 29, 2013
Service cost	$	197		204		52		49
Interest cost	255			226		50		37
Expected return on plan assets	(403		)	(360	)	(2	)	(1	)
Amortization of prior service cost/(credit)	1			1		(8	)	(1	)
Recognized actuarial losses	115			169		33		29
Curtailments and settlements	(11		)	—		—		—
Net periodic benefit cost	$	154		240		125		113

Net periodic benefit cost for the Company’s defined benefit retirement plans and other benefit plans for the fiscal nine months of 2014 and 2013 include the following components:

	Fiscal Nine Months Ended
	Retirement Plans					Other Benefit Plans
(Dollars in Millions)	September 28, 2014			September 29, 2013		September 28, 2014		September 29, 2013
Service cost	$	594		615		158		147
Interest cost	768			681		149		112
Expected return on plan assets	(1,212		)	(1,084	)	(5	)	(4	)
Amortization of prior service cost/(credit)	4			4		(25	)	(2	)
Recognized actuarial losses	346			509		101		84
Curtailments and settlements	(11		)	—		—		—
Net periodic benefit cost	$	489		725		378		337