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Pension and Postretirement Benefit Plans
6 Months Ended
Jun. 28, 2020
Retirement Benefits [Abstract]  
Pension and Postretirement Benefit Plans Pension and Postretirement Benefit Plans
The following table provides the components of net periodic benefit cost/(credit):
 
 
Three Months Ended
 
 
Pension Plans
 
 
 
 
U.S.
Qualified
 
U.S. Supplemental
(Non-Qualified)
 
International
 
Postretirement
Plans
(MILLIONS OF DOLLARS)
 
June 28,
2020

 
June 30,
2019

 
June 28,
2020

 
June 30,
2019

 
June 28,
2020

 
June 30,
2019

 
June 28,
2020

 
June 30,
2019

Service cost
 
$

 
$

 
$

 
$

 
$
36

 
$
31

 
$
10

 
$
9

Interest cost
 
131

 
157

 
8

 
12

 
40

 
54

 
13

 
19

Expected return on plan assets
 
(251
)
 
(223
)
 

 

 
(75
)
 
(80
)
 
(9
)
 
(8
)
Amortization of:
 
 

 
 

 
 

 
 

 
 
 
 

 
 

 
 

Actuarial losses
 
32

 
37

 
4

 
2

 
30

 
20

 

 
1

Prior service credits
 
(1
)
 
(1
)
 

 

 
(1
)
 
(1
)
 
(43
)
 
(45
)
Settlements
 
6

 
2

 
6

 

 
1

 

 

 

Special termination benefits
 

 
1

 
1

 
3

 

 

 

 
1

Net periodic benefit cost/(credit) reported in income
 
$
(83
)
 
$
(27
)
 
$
19

 
$
17

 
$
32

 
$
25

 
$
(30
)
 
$
(23
)
 
 
 
Six Months Ended
 
 
Pension Plans
 
 
 
 
U.S.
Qualified
 
U.S. Supplemental
(Non-Qualified)
 
International
 
Postretirement
Plans
(MILLIONS OF DOLLARS)
 
June 28,
2020

 
June 30,
2019

 
June 28,
2020

 
June 30,
2019

 
June 28,
2020

 
June 30,
2019

 
June 28,
2020

 
June 30,
2019

Service cost
 
$

 
$

 
$

 
$

 
$
72

 
$
63

 
$
19

 
$
19

Interest cost
 
262

 
315

 
18

 
25

 
82

 
109

 
25

 
38

Expected return on plan assets
 
(503
)
 
(445
)
 

 

 
(153
)
 
(160
)
 
(18
)
 
(16
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Actuarial losses
 
64

 
74

 
7

 
5

 
62

 
41

 

 
2

Prior service credits
 
(1
)
 
(2
)
 

 

 
(1
)
 
(2
)
 
(86
)
 
(89
)
Settlements
 
20

 
2

 
44

 

 
2

 

 

 

Special termination benefits
 

 
1

 
2

 
9

 

 

 

 
1

Net periodic benefit cost/(credit) reported in income
 
$
(159
)
 
$
(55
)
 
$
71

 
$
37

 
$
63

 
$
51

 
$
(60
)
 
$
(46
)

The following table provides the amounts we contributed, and the amounts we expect to contribute during 2020, to our pension and postretirement plans from our general assets for the periods indicated:
 
 
Pension Plans
 
 
(MILLIONS OF DOLLARS)
 
U.S. Qualified
 
U.S. Supplemental (Non-Qualified)
 
International
 
Postretirement Plans
Contributions from our general assets for the six months ended June 28, 2020
 
$
3

 
$
150

 
$
116

 
$
64

Expected contributions from our general assets during 2020(a)
 
1,253

 
183

 
185

 
137


(a) 
Contributions expected to be made for 2020 are inclusive of amounts contributed during the six months ended June 28, 2020. The U.S. supplemental (non-qualified) pension plan, international pension plan and the postretirement plan contributions from our general assets include direct employer benefit payments. For the U.S. qualified plans, we plan to make a $1.25 billion voluntary contribution in the second half of 2020.