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PENSION BENEFITS (Tables) - Pension
12 Months Ended
Dec. 28, 2024
Defined Benefit Plan Disclosure [Line Items]  
Components of Company Plan Benefit Expense [Table Text Block]
(millions)20242023
Change in projected benefit obligation
Beginning of year$3,077 $2,877 
Service cost16 17 
Interest cost140 149 
Amendments1 38 
Actuarial (gain)loss(238)198 
Benefits paid(210)(256)
Curtailment and special termination benefits1 — 
Other(3)— 
Foreign currency adjustments(35)54 
End of year$2,749 $3,077 
Change in plan assets
Fair value beginning of year$2,650 $2,589 
Actual return on plan assets(107)211 
Employer contributions51 25 
Benefits paid(190)(238)
Other(43)— 
Foreign currency adjustments(39)63 
Fair value end of year$2,322 $2,650 
Funded status$(427)$(427)
Amounts recognized in the Consolidated Balance Sheet consist of
Other assets$185 $201 
Other current liabilities(13)(15)
Pension liability(599)(613)
Net amount recognized$(427)$(427)
Amounts recognized in accumulated other comprehensive income consist of
Prior service cost$64 $71 
Net amount recognized$64 $71 
Defined Benefit Plan, Plan with Accumulated Benefit Obligation in Excess of Plan Assets [Table Text Block]
(millions)20242023
Projected benefit obligation$1,722 $1,844 
Accumulated benefit obligation$1,713 $1,834 
Fair value of plan assets$1,109 $1,224 
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)20242023
Projected benefit obligation$1,722 $1,924 
Accumulated benefit obligation$1,713 $1,893 
Fair value of plan assets$1,109 $1,299 
Schedule of Net Benefit Costs [Table Text Block]
(millions)202420232022
Service cost$16 $17 $20 
Interest cost140 149 109 
Expected return on plan assets(164)(183)(215)
Amortization of unrecognized prior service cost7 
Other expense (income) — (1)
Recognized net (gain) loss35 171 153 
Net periodic benefit cost34 160 72 
Curtailment and special termination benefits1 — — 
Pension (income) expense:
Defined benefit plans35 160 72 
Defined contribution plans5 
Total$40 $165 $77 
Defined Benefit Plan, Assumptions [Table Text Block]
202420232022
Discount rate5.4 %4.8 %5.3 %
Long-term rate of compensation increase3.3 %3.3 %3.5 %

The worldwide weighted-average actuarial assumptions used to determine annual net periodic benefit cost were:
202420232022
Discount rate4.8 %5.3 %2.2 %
Discount rate - interest4.7 %5.2 %2.1 %
Long-term rate of compensation increase3.3 %3.5 %3.5 %
Long-term rate of return on plan assets6.7 %7.2 %5.9 %
Schedule of Allocation of Plan Assets [Table Text Block]
(millions)Fair Value Hierarchy Level20242023
Cash and cash equivalents1$23 $60 
Corporate stock, common173 53 
Collective trusts:
Equity216 13 
Debt2 38 
Bonds, corporate2192 222 
Bonds, government272 94 
Bonds, other212 16 
Buy-in annuity contract3702 839 
Other (a)2, 324 29 
Sub-total$1,114 $1,364 
Investments measured at net asset value (NAV) practical expedient (b)1,208 1,286 
Total plan assets$2,322 $2,650 
(a) Other includes Level 2 assets of $0 million and $3 million for 2024 and 2023, respectively, and Level 3 assets of $24 million and $26 million for 2024 and 2023, respectively.
(b) 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. These assets consist primarily of funds holding equity securities.
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
December 31, 2022$173 $26 
Additions589 — 
Realized and unrealized loss68 (1)
Currency translation
December 30, 2023$839 $26 
Subtractions— (2)
Realized and unrealized loss(129)
Currency translation(8)(1)
December 28, 2024$702 $24