POSTRETIREMENT BENEFIT PLANS (Tables)

9 Months Ended

Sep. 29, 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				Nine Months Ended
	September 29, 2024		September 24, 2023		September 29, 2024		September 24, 2023
Qualified defined benefit pension plans
Operating:
Service cost	$	(15)	$	(17)	$	(45)	$	(49)
Non-operating:
Interest cost	(349)		(364)		(1,048)		(1,094)
Expected return on plan assets	393		430		1,179		1,291
Amortization of actuarial losses	(64)		(42)		(194)		(126)
Amortization of prior service credits	36		87		110		261
Non-service FAS pension income	16		111		47		332
Total FAS pension income	$	1	$	94	$	2	$	283
Retiree medical and life insurance plans
Operating:
Service cost	$	(2)	$	(1)	$	(4)	$	(4)
Non-operating:
Interest cost	(15)		(17)		(47)		(51)
Expected return on plan assets	27		25		81		77
Amortization of actuarial gains	8		7		26		23
Amortization of prior service costs	(1)		(2)		(3)		(7)
Non-service FAS retiree medical and life income	19		13		57		42
Total FAS retiree medical and life income	$	17	$	12	$	53	$	38