v3.22.2.2
Pension and Postretirement Benefit Plans
9 Months Ended
Oct. 02, 2022
Retirement Benefits [Abstract]  
Pension and Postretirement Benefit Plans Pension and Postretirement Benefit Plans
The following summarizes the components of net periodic benefit cost/(credit):
 Pension Plans
 U.S.InternationalPostretirement
Plans
Three Months Ended
(MILLIONS)Oct. 2, 2022Oct. 3, 2021Oct. 2, 2022Oct. 3, 2021Oct. 2, 2022Oct. 3, 2021
Service cost$— $— $29 $32 $$
Interest cost151 114 38 37 
Expected return on plan assets(195)(261)(72)(83)(12)(10)
Amortization of prior service cost/(credit)— — — — (31)(39)
Actuarial (gains)/losses(a)
(193)(836)— — — — 
Curtailments— — — — (1)(64)
Special termination benefits— — — — — 
Net periodic benefit cost/(credit) reported in income$(235)$(983)$(6)$(14)$(30)$(96)
 Pension Plans
 U.S.InternationalPostretirement
Plans
Nine Months Ended
(MILLIONS)Oct. 2, 2022Oct. 3, 2021Oct. 2, 2022Oct. 3, 2021Oct. 2, 2022Oct. 3, 2021
Service cost$— $— $89 $98 $22 $27 
Interest cost387 341 121 110 21 22 
Expected return on plan assets(685)(782)(229)(246)(35)(29)
Amortization of prior service credits(1)(1)(1)(99)(116)
Actuarial (gains)/losses(a)
231 (881)— — — — 
Curtailments— — — (1)(14)(64)
Special termination benefits12 — — 
Net periodic benefit cost/(credit) reported in income$(57)$(1,312)$(20)$(40)$(106)$(160)
(a)The third quarter of 2022 mainly reflects interim actuarial remeasurement gains, primarily driven by an increase in the discount rate, partially offset by unfavorable plan asset performance. The first nine months of 2022 mainly reflects interim actuarial remeasurement losses, primarily driven by unfavorable plan asset performance, partially offset by gains due to an increase in the discount rate. In the third quarter and first nine months of 2021, mainly reflects interim actuarial remeasurement gains, primarily due to favorable plan asset performance and an increase in the discount rate.
The components of net periodic benefit cost/(credit) other than the service cost component are primarily included in Other (income)/deductions––net (see Note 4).
For the nine months ended October 2, 2022, we contributed $207 million, $127 million, and $16 million to our U.S. Pension Plans, International Pension Plans, and Postretirement Plans, respectively, from our general assets, which include direct employer benefit payments.