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PENSION BENEFITS (Tables) - Pension
12 Months Ended
Dec. 30, 2023
Defined Benefit Plan Disclosure [Line Items]  
Components of Company Plan Benefit Expense [Table Text Block]
(millions)20232022
Change in projected benefit obligation
Beginning of year$2,877 $4,444 
Service cost17 20 
Interest cost149 109 
Amendments38 
Actuarial (gain)loss198 (1,119)
Benefits paid(256)(430)
Other (1)
Foreign currency adjustments54 (148)
End of year$3,077 $2,877 
Change in plan assets
Fair value beginning of year$2,589 $4,236 
Actual return on plan assets211 (1,059)
Employer contributions25 
Plan participants’ contributions 
Benefits paid(238)(403)
Other — 
Foreign currency adjustments63 (188)
Fair value end of year$2,650 $2,589 
Funded status$(427)$(288)
Amounts recognized in the Consolidated Balance Sheet consist of
Other assets$201 $320 
Other current liabilities(15)(15)
Pension liability(613)(593)
Net amount recognized$(427)$(288)
Amounts recognized in accumulated other comprehensive income consist of
Prior service cost$71 $57 
Net amount recognized$71 $57 
Defined Benefit Plan, Plan with Accumulated Benefit Obligation in Excess of Plan Assets [Table Text Block]
(millions)20232022
Projected benefit obligation$1,844 $1,884 
Accumulated benefit obligation$1,834 $1,875 
Fair value of plan assets$1,224 $1,278 
Defined Benefit Plan, Plan with Projected Benefit Obligation in Excess of Plan Assets
Information for pension plans with projected benefit obligations in excess of plan assets were:
(millions)20232022
Projected benefit obligation$1,924 $1,952 
Accumulated benefit obligation$1,893 $1,923 
Fair value of plan assets$1,299 $1,343 
Schedule of Net Benefit Costs [Table Text Block]
(millions)202320222021
Service cost$17 $20 $24 
Interest cost149 109 83 
Expected return on plan assets(183)(215)(253)
Amortization of unrecognized prior service cost6 
Other expense (income) (1)— 
Recognized net (gain) loss171 153 (20)
Net periodic benefit cost160 72 (161)
Curtailment and special termination benefits — (1)
Pension (income) expense:
Defined benefit plans160 72 (162)
Defined contribution plans5 
Total$165 $77 $(155)
Defined Benefit Plan, Assumptions [Table Text Block]
202320222021
Discount rate4.8 %5.3 %2.6 %
Long-term rate of compensation increase3.3 %3.5 %3.4 %

The worldwide weighted-average actuarial assumptions used to determine annual net periodic benefit cost were:
202320222021
Discount rate5.3 %2.2 %1.3 %
Discount rate - interest5.2 %2.1 %1.0 %
Long-term rate of compensation increase3.5 %3.5 %3.5 %
Long-term rate of return on plan assets7.2 %5.9 %5.6 %
Schedule of Allocation of Plan Assets [Table Text Block]
(millions)Fair Value Hierarchy Level20232022
Cash and cash equivalents (a)1, 2$60 $11 
Corporate stock, common153 145 
Collective trusts:
Equity213 — 
Debt238 302 
Bonds, corporate2222 209 
Bonds, government294 81 
Bonds, other216 61 
Buy-in annuity contract3839 173 
Other (b)2, 329 90 
Sub-total$1,364 $1,072 
Investments measured at net asset value (NAV) practical expedient (c)1,286 $1,517 
Total plan assets$2,650 $2,589 
(a) Cash and cash equivalents includes Level 1 assets of $60 million and $16 million for 2023 and 2022, respectively, and Level 2 assets of $0 million and ($5) million for 2023 and 2022, respectively.
(b) Other includes Level 2 assets of $3 million and $64 million for 2023 and 2022, respectively, and Level 3 assets of $26 million for 2023 and 2022.
(c) 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.
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets
Changes in fair value of the Plan's Level 3 assets are summarized as follows:
(millions)Annuity ContractOther
January 1, 2022$269 $ 
Additions— 27 
Realized and unrealized loss(75)(1)
Currency translation(21)— 
December 31, 2022$173 $26 
Additions589 — 
Realized and unrealized loss68 (1)
Currency translation
December 30, 2023$839 $26