Pensions and Other Postretirement Benefits (Tables)

6 Months Ended

Jul. 03, 2011

Pensions and Other Benefit Plans [Abstract]

Components of net periodic benefit cost

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 second quarters of 2011 and 2010 include the following components:

	Retirement Plans						Other Benefit Plans
				Fiscal Quarters Ended
	July 3,			July 4,			July 3,			July 4,
(Dollars in Millions)	2011			2010			2011			2010
Service cost	$	144			121			37			33
Interest cost		214			194			46			50
Expected return on plan assets		(277	)		(248	)		(1	)		(1	)
Amortization of prior service cost/(credit)		1			3			—			(1	)
Amortization of net transition obligation		1			1			—			—
Recognized actuarial losses		98			59			12			13
Net periodic benefit cost	$	181			130			94			94

Net periodic benefit cost for the Company’s defined benefit retirement plans and other benefit plans for the first fiscal six months of 2011 and 2010 include the following components:

	Retirement Plans						Other Benefit Plans
				Fiscal Six Months Ended
	July 3,			July 4,			July 3,			July 4,
(Dollars in Millions)	2011			2010			2011			2010
Service cost	$	287			247			74			67
Interest cost		427			394			94			100
Expected return on plan assets		(555	)		(500	)		(1	)		(1	)
Amortization of prior service cost/(credit)		4			6			(1	)		(2	)
Amortization of net transition obligation		1			1			—			—
Recognized actuarial losses		194			117			23			25
Net periodic benefit cost	$	358			265			189			189