Pensions and Other Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2024

Retirement Benefits [Abstract]

Components of Net Periodic Benefit Cost

Components of net periodic benefit cost

Net periodic benefit costs for the Company’s defined benefit retirement plans and other benefit plans include the following components:

	Fiscal First Quarter Ended
	Retirement Plans		Other Benefit Plans
(Dollars in Millions)	March 31, 2024	April 2, 2023	March 31, 2024	April 2, 2023
Service cost	$224	210	69	68
Interest cost	352	352	52	54
Expected return on plan assets	(642)	(668)	(2)	(1)
Amortization of prior service cost/(credit)	(46)	(46)	—	—
Recognized actuarial (gains)/losses	43	(50)	13	6
Curtailments and settlements	—	—	—	—
Net periodic benefit cost/(credit)	$(69)	(202)	132	127