RETIREMENT BENEFITS (Tables)

3 Months Ended

Mar. 28, 2025

Retirement Benefits [Abstract]

Schedule of Components of Net Benefit Income

The components of net periodic benefit income for our defined benefit pension plans and other postretirement benefit plans (“other benefits”) (collectively, “defined benefit plans”) were as follows:

	First Quarter
	2025				2024
(In millions)	Pension		Other Benefits		Pension		Other Benefits
Net periodic benefit income
Operating
Service cost(1)	$	6	$	—	$	8	$	—
Non-operating
Interest cost	88		3		99		3
Expected return on plan assets	(151)		(5)		(165)		(5)
Amortization of net actuarial gains	(1)		(3)		(1)		(4)
Amortization of prior service credits	(7)		—		(7)		—
Effect of settlements(2)	(14)		—		—		—
Non-service cost net periodic benefit income(3)	(85)		(5)		(74)		(6)
Net periodic benefit income	$	(79)	$	(5)	$	(66)	$	(6)

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(1)Included in the “Cost of revenue” and “General and administrative expenses” line items in our Condensed Consolidated Statement of Operations.

(2)See discussion under “Pension Group Annuity Purchase” below in this Note.

(3)Included in the “Non-service FAS pension income and other, net” line item in our Condensed Consolidated Statement of Operations.