POSTRETIREMENT BENEFIT PLANS (Tables)

3 Months Ended

Mar. 31, 2024

Retirement Benefits [Abstract]

Schedule of Pretax Net Periodic Benefit Cost

The pretax FAS income related to our qualified defined benefit pension plans and retiree medical and life insurance plans consisted of the following (in millions):

	Quarters Ended
	March 31, 2024		March 26, 2023
Qualified defined benefit pension plans
Operating:
Service cost	$	(15)	$	(16)
Non-operating:
Interest cost	(349)		(365)
Expected return on plan assets	393		430
Amortization of actuarial losses	(65)		(42)
Amortization of prior service credits	37		87
Non-service FAS pension income	16		110
Total FAS pension income	$	1	$	94
Retiree medical and life insurance plans
Operating:
Service cost	$	(1)	$	(1)
Non-operating:
Interest cost	(16)		(17)
Expected return on plan assets	27		26
Amortization of actuarial gains	9		8
Amortization of prior service costs	(1)		(3)
Non-service FAS retiree medical and life income	19		14
Total FAS retiree medical and life income	$	18	$	13