v3.26.1
RETIREMENT BENEFITS
 6 Months Ended
Jun. 28, 2026
Retirement Benefits [Abstract]  
RETIREMENT BENEFITS RETIREMENT BENEFITS
Pretax FAS pension expense related to our qualified defined benefit pension plans consisted of the following (in millions):
 Quarters EndedSix Months Ended
 June 28,
2026		June 29,
2025		June 28,
2026		June 29,
2025
Qualified defined benefit pension plans
Operating:
Service cost$(12)$(13)$(24)$(26)
Non-operating:
Interest cost (347)(368)(694)(736)
Expected return on plan assets 354 360 708 720 
Amortization of actuarial losses (79)(79)(159)(157)
Amortization of prior service costs(8)(12)(15)(24)
Non-service FAS pension expense
(80)(99)(160)(197)
Total FAS pension expense
$(92)$(112)$(184)$(223)
We record the service cost component of FAS pension expense for our qualified defined benefit pension plans in consolidated operating profit and the non-service components in non-service FAS pension expense on our consolidated statements of earnings.
Total FAS income for our other retirement benefit plans was not material during the quarters and six months ended June 28, 2026 and June 29, 2025 and is part of other non-operating income, net on our consolidated statements of earnings.
The required funding of our qualified defined benefit pension plans is determined in accordance with the Employee Retirement Income Security Act of 1974 (ERISA), as amended, along with consideration of CAS and Internal Revenue Code rules. We made no contributions to our qualified defined benefit pension plans during the quarters and six months ended June 28, 2026 and June 29, 2025.