XML 50 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Nonpension Postretirement and Postemployment Benefits (Tables)
12 Months Ended
Dec. 30, 2017
Nonpension Postretirement [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
(millions)
 
2017
 
2016
Change in accumulated benefit obligation
 
 
 
 
Beginning of year
 
$
1,161

 
$
1,163

Service cost
 
18

 
21

Interest cost
 
37

 
39

Actuarial (gain) loss
 
29

 
2

Benefits paid
 
(61
)
 
(65
)
Curtailments
 
3

 

Amendments
 

 

Foreign currency adjustments
 
3

 
1

End of year
 
$
1,190

 
$
1,161

Change in plan assets
 
 
 
 
Fair value beginning of year
 
$
1,136

 
$
1,084

Actual return on plan assets
 
217

 
111

Employer contributions
 
13

 
15

Benefits paid
 
(74
)
 
(74
)
Fair value end of year
 
$
1,292

 
$
1,136

Funded status
 
$
102

 
$
(25
)
Amounts recognized in the Consolidated Balance Sheet consist of
 
 
 
 
Other non-current assets
 
$
144

 
$
17

Other current liabilities
 
(2
)
 
(2
)
Other liabilities
 
(40
)
 
(40
)
Net amount recognized
 
$
102

 
$
(25
)
Amounts recognized in accumulated other comprehensive income consist of
 
 
 
 
Prior service credit
 
(77
)
 
(86
)
Net amount recognized
 
$
(77
)
 
$
(86
)
Schedule of Net Benefit Costs [Table Text Block]
(millions)
 
2017
 
2016
 
2015
Service cost
 
$
18

 
$
21

 
$
29

Interest cost
 
37

 
39

 
48

Expected return on plan assets
 
(98
)
 
(90
)
 
(100
)
Amortization of unrecognized prior service credit
 
(9
)
 
(9
)
 
(5
)
Recognized net (gain) loss
 
(90
)
 
(19
)
 
112

Net periodic benefit cost
 
(142
)
 
(58
)
 
84

Curtailment
 
3

 

 

Postretirement benefit expense:
 
 
 
 
 
 
Defined benefit plans
 
(139
)
 
(58
)
 
84

Defined contribution plans
 
16

 
17

 
14

Total
 
$
(123
)
 
$
(41
)
 
$
98

Schedule of Assumptions Used [Table Text Block]
 
 
2017
 
2016
 
2015
Discount rate
 
3.6
%
 
4.0
%
 
4.2
%
The weighted-average actuarial assumptions used to determine annual net periodic benefit cost were:
 
 
2017
 
2016
 
2015
Discount rate
 
4.0
%
 
4.2
%
 
4.0
%
Long-term rate of return on plan assets
 
8.5
%
 
8.5
%
 
8.5
%
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
(millions)
 
One percentage
point increase
 
One percentage
point decrease
Effect on total of service and interest cost components
 
$
7

 
$
(4
)
Effect on postretirement benefit obligation
 
117

 
(79
)
Schedule of Allocation of Plan Assets [Table Text Block]
(millions)
 
Total
Level 1
 
Total
Level 2
 
Total
Level 3
 
Total
NAV (practical expedient)(a)
 
Total
Cash and cash equivalents
 
$

 
$
13

 
$

 
$

 
$
13

Corporate stock, common:
 
 
 
 
 
 
 
 
 
 
Domestic
 
141

 

 

 

 
141

International
 
8

 

 

 

 
8

Mutual funds:
 
 
 
 
 
 
 
 
 
 
Domestic equity
 

 
52

 

 

 
52

International equity
 

 
40

 

 

 
40

Domestic debt
 

 
52

 

 

 
52

Collective trusts:
 
 
 
 
 
 
 
 
 
 
Domestic equity
 

 

 

 
273

 
273

International equity
 

 

 

 
266

 
266

Limited partnerships
 

 

 

 
215

 
215

Bonds, corporate
 

 
117

 

 

 
117

Bonds, government
 

 
53

 

 

 
53

Bonds, other
 

 
9

 

 

 
9

Real estate
 

 

 

 
51

 
51

Other
 

 
2

 

 

 
2

Total
 
$
149

 
$
338

 
$

 
$
805

 
$
1,292

(a) Certain assets that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy.
The fair value of Plan assets at December 31, 2016 are summarized as follows:
(millions)
 
Total
Level 1
 
Total
Level 2
 
Total
Level 3
 
Total
NAV (practical expedient)(a)
 
Total
Cash and cash equivalents
 
$
4

 
$
6

 
$

 
$

 
$
10

Corporate stock, common:
 
 
 
 
 
 
 
 
 
 
Domestic
 
143

 

 

 

 
143

International
 
6

 
1

 

 

 
7

Mutual funds:
 
 
 
 
 
 
 
 
 
 
Domestic equity
 

 
57

 

 

 
57

International equity
 

 
30

 

 

 
30

Domestic debt
 

 
53

 

 

 
53

Collective trusts:
 
 
 
 
 
 
 
 
 
 
Domestic equity
 

 

 

 
272

 
272

International equity
 

 

 

 
210

 
210

Limited partnerships
 

 

 

 
177

 
177

Bonds, corporate
 

 
117

 

 

 
117

Bonds, government
 

 
48

 

 

 
48

Bonds, other
 

 
10

 

 

 
10

Other
 

 
2

 

 

 
2

Total
 
$
153

 
$
324

 
$

 
$
659

 
$
1,136

(a) Certain assets that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy.
Postemployment [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
(millions)
 
2017
 
2016
Change in accumulated benefit obligation
 
 
 
 
Beginning of year
 
$
87

 
$
108

Service cost
 
6

 
7

Interest cost
 
3

 
3

Actuarial (gain)loss
 
(45
)
 
(25
)
Benefits paid
 
(8
)
 
(6
)
Amendments
 

 

Foreign currency adjustments
 

 

End of year
 
$
43

 
$
87

Funded status
 
$
(43
)
 
$
(87
)
Amounts recognized in the Consolidated Balance Sheet consist of
 
 
 
 
Other current liabilities
 
$
(4
)
 
$
(8
)
Other liabilities
 
(39
)
 
(79
)
Net amount recognized
 
$
(43
)
 
$
(87
)
Amounts recognized in accumulated other comprehensive income consist of
 
 
 
 
Net prior service cost
 
$
5

 
$
6

Net experience gain
 
(46
)
 
(1
)
Net amount recognized
 
$
(41
)
 
$
5

Schedule of Net Benefit Costs [Table Text Block]
(millions)
 
2017
 
2016
 
2015
Service cost
 
$
6

 
$
7

 
$
7

Interest cost
 
3

 
3

 
4

Amortization of unrecognized prior service cost
 
1

 
1

 
1

Recognized net loss
 

 
3

 
3

Postemployment benefit expense
 
$
10

 
$
14

 
$
15

Schedule of Expected Benefit Payments [Table Text Block]
(millions)
 
Postretirement
 
Postemployment
2018
 
$
81

 
$
4

2019
 
76

 
4

2020
 
73

 
4

2021
 
72

 
4

2022
 
73

 
3

2023-2027
 
367

 
18