PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Tables)

3 Months Ended

Mar. 28, 2025

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs

Net periodic benefit cost or income for our pension and other postretirement benefit plans consisted of the following (in millions):

	Pension Plans				Other Postretirement Benefit Plans
	Three Months Ended
	March 28, 2025		March 29, 2024		March 28, 2025		March 29, 2024
Service cost	$	26	$	27	$	1	$	1
Interest cost	75		77		3		4
Expected return on plan assets1	(104)		(118)		(1)		(2)
Amortization of prior service cost (credit)	—		—		(1)		(1)
Amortization of net actuarial loss (gain)	25		26		—		(1)
Curtailment loss (gain)2	11		—		—		—
Special termination benefits2	25		—		—		—
Net periodic benefit cost (income)	$	58	$	12	$	2	$	1

1The weighted-average expected long-term rates of return on plan assets used in computing 2025 net periodic benefit cost (income) were 7.00% for pension plans and 6.75% for other postretirement benefit plans.

2The curtailment loss and special termination benefits were related to the group annuity purchase (“buy-in”) for a non-U.S. defined benefit plan. The Company intends to convert the buy-in to a buy-out in the future, at which time the insurer would assume full responsibility for the plan obligations.