v3.26.1
RETIREMENT BENEFITS - Schedule of Components of Net Benefit Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Jul. 03, 2026
Jun. 27, 2025
Operating        
Service cost $ 6 $ 7 $ 11 $ 13
Non-operating        
Interest cost 72 79 145 170
Expected return on plan assets (137) (141) (275) (297)
Amortization of net actuarial gains (4) (6) (8) (10)
Amortization of prior service (credits) costs (6) (5) (12) (12)
Effect of settlements     0 (14)
Non-service cost net periodic benefit income (75) (73) (150) (163)
Net periodic benefit income (69) (66) (139) (150)
Pension        
Operating        
Service cost 5 6 10 12
Non-operating        
Interest cost 70 77 141 165
Expected return on plan assets (131) (136) (264) (287)
Amortization of net actuarial gains (1) (2) (2) (3)
Amortization of prior service (credits) costs (7) (6) (13) (13)
Effect of settlements     0 (14)
Non-service cost net periodic benefit income (69) (67) (138) (152)
Net periodic benefit income (64) (61) (128) (140)
Other Benefits        
Operating        
Service cost 1 1 1 1
Non-operating        
Interest cost 2 2 4 5
Expected return on plan assets (6) (5) (11) (10)
Amortization of net actuarial gains (3) (4) (6) (7)
Amortization of prior service (credits) costs 1 1 1 1
Effect of settlements     0 0
Non-service cost net periodic benefit income (6) (6) (12) (11)
Net periodic benefit income $ (5) $ (5) $ (11) $ (10)