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PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 12 Months Ended
Dec. 30, 2022
Retirement Benefits [Abstract]  
Schedule of Fair Value of Deferred Compensation Plan Investments and Liabilities by Category and Fair Value Hierarchy Level The following table provides the fair value of our deferred compensation plan investments and liabilities by category and by fair value hierarchy level:
December 30, 2022December 31, 2021
(In millions)TotalLevel 1TotalLevel 1
Assets
Deferred compensation plan assets:(1)
Equity and fixed income securities$64 $64 $77 $77 
Investments measured at NAV:
Corporate-owned life insurance33 35 
Total fair value of deferred compensation plan assets$97 $112 
Liabilities
Deferred compensation plan liabilities:(2)
Equity securities and mutual funds$8 $8 $6 $6 
Investments measured at NAV:
Common/collective trusts and guaranteed investment contracts192 177 
Total fair value of deferred compensation plan liabilities$200 $183 
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(1)Represents diversified assets held in a “rabbi trust” associated with our non-qualified deferred compensation plans, which we include in the “Other current assets” and “Other non-current assets” line items in our Consolidated Balance Sheet, and which are measured at fair value.
(2)Primarily represents obligations to pay benefits under certain non-qualified deferred compensation plans, which we include in the “Compensation and benefits” and “Other long-term liabilities” line items in our Consolidated Balance Sheet. Under these plans, participants designate investment options (including stock and fixed-income funds), which serve as the basis for measurement of the notional value of their accounts.
Schedule of Funded Status of Defined Benefit Plans and Balance Sheet Information The following table provides a summary of the funded status of our defined benefit plans and the presentation of such balances within our Consolidated Balance Sheet:
 December 30, 2022December 31, 2021
(In millions)PensionOther
Benefits		TotalPensionOther
Benefits		Total
Fair value of plan assets$7,411 $242 $7,653 $9,604 $320 $9,924 
PBO(7,494)(228)(7,722)(10,007)(348)(10,355)
Funded status$(83)$14 $(69)$(403)$(28)$(431)
Consolidated Balance Sheet line item amounts:
Other non-current assets$144 $66 $210 $150 $51 $201 
Compensation and benefits(11)(6)(17)(11)(7)(18)
Defined benefit plans(216)(46)(262)(542)(72)(614)
Schedule of Pre-tax Amounts Recognized in Other Comprehensive Income (Loss) The following table provides a summary of pre-tax amounts recorded within Accumulated other comprehensive loss:
 December 30, 2022December 31, 2021
(In millions)PensionOther
Benefits		TotalPensionOther
Benefits		Total
Net actuarial loss (gain)$243 $(100)$143 $209 $(73)$136 
Net prior service (credit) cost(183)5 (178)(218)6 (212)
$60 $(95)$(35)$(9)$(67)$(76)
Schedule of Roll-forward of Projected Benefit Obligation
The following table provides a roll-forward of the PBO for our defined benefit plans:
 December 30, 2022December 31, 2021
(In millions)PensionOther
Benefits		TotalPensionOther
Benefits		Total
Change in benefit obligation
Benefit obligation at beginning of fiscal year$10,007 $348 $10,355 $11,045 $387 $11,432 
Service cost44 2 46 66 2 68 
Interest cost220 7 227 188 5 193 
Actuarial gain(2,097)(107)(2,204)(381)(22)(403)
Benefits paid(1)
(626)(22)(648)(555)(24)(579)
Settlements(2)
— — — (268)— (268)
Expenses paid(26)— (26)(31)— (31)
Foreign currency exchange rate changes(28)— (28)2 — 2 
Divestiture(8)— (8)(65)— (65)
Other8 — 8 6 — 6 
Benefit obligation at end of fiscal year$7,494 $228 $7,722 $10,007 $348 $10,355 
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(1)Fiscal 2022 includes approximately $64 million associated with the purchase of group annuity policies. The transaction is reflected in Benefits paid as settlement accounting had not been met.
(2)Fiscal 2021 includes approximately $250 million associated with the purchase of group annuity policies.
Schedule of Roll-forward of Plan Assets
The following table provides a roll-forward of the assets and the ending funded status of our defined benefit plans:
 December 30, 2022December 31, 2021
(In millions)PensionOther
Benefits		TotalPensionOther
Benefits		Total
Change in plan assets
Plan assets at beginning of fiscal year$9,604 $320 $9,924 $9,301 $299 $9,600 
Actual return on plan assets(1,516)(51)(1,567)1,215 43 1,258 
Employer contributions16 (5)11 17 2 19 
Benefits paid(1)
(626)(22)(648)(555)(24)(579)
Settlements(2)
— — — (268)— (268)
Expenses paid(26)— (26)(31)— (31)
Foreign currency exchange rate changes(32)— (32)1 — 1 
Divestiture(10)— (10)(78)— (78)
Other1 — 1 2 — 2 
Plan assets at end of fiscal year$7,411 $242 $7,653 $9,604 $320 $9,924 
Funded status at end of fiscal year$(83)$14 $(69)$(403)$(28)$(431)
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(1)Fiscal 2022 includes approximately $64 million associated with the transfer of plan assets to an insurance company. The transaction is reflected in Benefits paid as settlement accounting had not been met.
(2)Fiscal 2021 includes approximately $250 million associated with the transfer of plan assets to an insurance company.
Schedule of Accumulated Benefit Obligations The following tables provide information for benefit plans with accumulated benefit obligations in excess of plan assets and benefit plans with PBO in excess of plan assets:
December 30, 2022December 31, 2021
(In millions)PensionOther
Benefits		PensionOther
Benefits
Accumulated benefit obligation$6,698 N/A$9,216 N/A
Fair value of plan assets6,472 N/A8,672 N/A
December 30, 2022December 31, 2021
(In millions)PensionOther
Benefits		PensionOther
Benefits
PBO$6,699 $52 $9,340 $109 
Fair value of plan assets6,472 — 8,786 30 
Schedule of Components of Net Benefit Income
The following table provides the components of net periodic benefit (income) loss and other amounts recognized in other comprehensive income in fiscal 2022, 2021 and 2020 as they pertain to our defined benefit plans:
Pension
Fiscal Year Ended
(In millions)December 30, 2022December 31, 2021January 1, 2021
Net periodic benefit income
Service cost$44 $66 $65 
Interest cost220 188 273 
Expected return on plan assets(624)(621)(630)
Amortization of net actuarial loss9 30 10 
Amortization of prior service credit(27)(28)(28)
Cost for special termination benefits— — 1 
Effect of curtailments or settlements— 1 — 
Net periodic benefit income$(378)$(364)$(309)
Other changes in plan assets and benefit obligations recognized in other comprehensive income
Net actuarial loss (gain)$42 $(972)$403 
Prior service cost8 2 1 
Amortization of net actuarial loss(9)(30)(10)
Amortization of prior service credit27 28 28 
Currency translation adjustment1 1 2 
Recognized prior service credit— 4 — 
Recognized net actuarial loss— (4)— 
Total change recognized in other comprehensive income69 (971)424 
Total impact from net periodic benefit (income) loss and changes in other comprehensive income$(309)$(1,335)$115 
Other Benefits
Fiscal Year Ended
(In millions)December 30, 2022December 31, 2021January 1, 2021
Net periodic benefit income
Service cost$2 $2 $2 
Interest cost7 5 10 
Expected return on plan assets(20)(20)(21)
Amortization of net actuarial gain(7)— (3)
Amortization of prior service cost1 1 — 
Net periodic benefit income$(17)$(12)$(12)
Other changes in plan assets and benefit obligations recognized in other comprehensive income
Net actuarial (gain) loss$(34)$(46)$4 
Prior service cost — — 8 
Amortization of net actuarial gain7 — 3 
Amortization of prior service cost(1)(1)— 
Total change recognized in other comprehensive income(28)(47)15 
Total impact from net periodic benefit (income) loss and changes in other comprehensive income$(45)$(59)$3 
Schedule of Weighted-average Assumptions Used
The following tables provide the weighted-average assumptions used to determine PBO and net periodic benefit income, as they pertain to our defined benefit pension plans:
Obligation assumptions as of:December 30, 2022December 31, 2021
Discount rate5.18 %2.75 %
Rate of future compensation increase3.01 %3.01 %
Cash balance interest crediting rate4.00 %3.50 %
Cost assumptions for fiscal periods ended:December 30, 2022December 31, 2021January 1, 2021
Discount rate to determine service cost 2.69 %2.26 %2.87 %
Discount rate to determine interest cost2.27 %1.80 %2.74 %
Expected return on plan assets7.44 %7.43 %7.68 %
Rate of future compensation increase3.01 %3.01 %2.80 %
Cash balance interest crediting rate3.50 %3.50 %3.50 %
The following table provides the weighted-average assumptions used to determine projected benefit obligations and net periodic benefit income, as they pertain to our other postretirement defined benefit plans:
Obligation assumptions as of:December 30, 2022December 31, 2021
Discount rate5.16 %2.60 %
Rate of future compensation increaseN/AN/A
Cost assumptions for fiscal periods ended:December 30, 2022December 31, 2021January 1, 2021
Discount rate to determine service cost 2.91 %2.49 %3.25 %
Discount rate to determine interest cost2.06 %1.42 %2.55 %
Rate of future compensation increaseN/AN/AN/A
Schedule of Strategic Target Assets Allocation and Fair Value of Plan Assets
The following table provides the current strategic target asset allocation ranges by asset category:
 Target Asset
Allocation
Equity investments35 %—55%
Fixed income investments25 %—35%
Alternative investments12 %—30%
Cash and cash equivalents0 %—10%
The following tables provide the fair value of plan assets held by our defined benefit plans by asset category and by fair value hierarchy level:
 December 30, 2022
(In millions)TotalLevel 1Level 2Level 3
Asset Category
Equities:
Domestic equities$1,275 $1,275 $— $— 
International equities1,044 1,002 42 — 
Real Estate Investment Trusts192 192 — — 
Fixed income:
Corporate bonds1,118 — 995 123 
Government securities320 — 320 — 
Securitized assets166 — 166 — 
Fixed income funds92 4 88 — 
Cash and cash equivalents148 22 126 — 
Total4,355 $2,495 $1,737 $123 
Investments Measured at NAV:
Equity funds1,661 
Fixed income funds299 
Hedge funds 294 
Private equity funds696 
Real estate funds372 
Other2 
Total Investments Measured at NAV3,324 
Payables, net(26)
Total fair value of plan assets$7,653 
December 31, 2021
(In millions)TotalLevel 1Level 2Level 3
Asset Category
Equities:
Domestic equities$1,684 $1,684 $— $— 
International equities1,367 1,278 89 — 
Real Estate Investment Trusts259 259 — — 
Fixed income:
Corporate bonds1,411 — 1,335 76 
Government securities448 — 448 — 
Securitized assets99 — 99 — 
Fixed income funds102 5 97 — 
Cash and cash equivalents337 9 328 — 
Total5,707 $3,235 $2,396 $76 
Investments Measured at NAV:
Equity funds2,667 
Fixed income funds444 
Hedge funds 386 
Private equity funds559 
Real estate funds180 
Other3 
Total Investments Measured at NAV4,239 
Payables, net(22)
Total fair value of plan assets$9,924 
Schedule of Expected Benefit Payments
The following table provides the projected timing of payments for benefits earned to date and benefits expected to be earned for future service by current active employees under our defined benefit plans:
(In millions)Pension
Other
    Benefits(1)
Total
Fiscal Years:
2023$564 $21 $585 
2024568 21 589 
2025569 20 589 
2026569 19 588 
2027565 19 584 
2028 — 20322,730 82 2,812 
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(1)Projected payments for Other Benefits reflect net payments from the Company, which include subsidies that reduce the gross payments by less than 1%.