Pensions and Other Benefit Plans (Tables)

9 Months Ended

Sep. 29, 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 Third Quarter Ended				Fiscal Nine Months Ended
	Retirement Plans		Other Benefit Plans		Retirement Plans		Other Benefit Plans
(Dollars in Millions)	September 29, 2024	October 1, 2023	September 29, 2024	October 1, 2023	September 29, 2024	October 1, 2023	September 29, 2024	October 1, 2023
Service cost	$225	209	69	61	671	634	207	198
Interest cost	351	361	53	51	1,054	1,084	157	160
Expected return on plan assets	(643)	(680)	(2)	(1)	(1,924)	(2,042)	(5)	(4)
Amortization of prior service cost/(credit)	(46)	(47)	—	—	(138)	(139)	(1)	(1)
Recognized actuarial (gains)/losses	43	(50)	13	4	130	(150)	39	17
Curtailments and settlements	6	109	—	(4)	(2)	109	—	(4)
Net periodic benefit cost/(credit)	$(64)	(98)	133	111	(209)	(504)	397	366