v3.25.2
POSTEMPLOYMENT BENEFITS (Tables)
12 Months Ended
Dec. 28, 2024
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans Disclosures
The aggregate change in projected benefit obligation, plan assets, and funded status is presented in the following tables:
Pension BenefitsPostretirement Benefits
(millions)2024202320242023
Change in projected benefit obligation
Beginning of year$605 $— $493 $16 
Service cost8 4 
Interest cost29 24 
Actuarial (gain)loss(19)21 (24)
Benefits paid, net of reimbursements (a)(51)(12)(48)(10)
Spin-Off impacts 586  474 
End of year$572 $605 $449 $493 
Change in plan assets
Fair value beginning of year$470 $— $773 $— 
Actual return on plan assets5 26 36 26 
Employer contributions24 —  — 
Benefits paid(51)(12)(64)(10)
Spin-Off impacts 456  757 
Fair value end of year$448 $470 $745 $773 
Funded (unfunded) status$(124)$(135)$296 $280 
(a) Benefits paid for postretirement plans include rebates and other anticipated subsidies from plan vendors.
The aggregate change in accumulated postemployment benefit obligation and the net amount recognized were:
(millions)20242023
Change in accumulated benefit obligation
Beginning of year$9 $— 
Spin-Off impacts 
Service cost1 — 
Interest cost — 
Actuarial (gain)loss2 — 
Benefits paid(1)— 
End of year$11 $
Amounts recognized in the Consolidated Balance Sheet consist of
Other current liabilities$1 $
Other liabilities10 
Net amount recognized$11 $
Amounts recognized in accumulated other comprehensive income consist of
Net experience gain2 
Net amount recognized$2 $
Schedule of Expected Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:
(millions)PensionPostretirement
2025$50 $35 
202651 35 
202751 36 
202850 36 
202949 36 
2030-2034226 178 
Benefit payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:
(millions)
2025$
2026
2027
2028
2029
2030-2034