v3.26.1
Pension and Postretirement Benefit Plans
6 Months Ended
Jun. 28, 2026
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)June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
Service cost$— $— $24 $26 $$
Interest cost126 133 75 72 
Expected return on plan assets(186)(184)(82)(81)(16)(14)
Amortization of prior service cost/(credit)— — (7)(25)
Actuarial (gains)/losses
— — — — — 
Curtailments— — (6)— (2)(9)
Special termination benefits— — — — — 
Net periodic benefit cost/(credit) reported in income$(56)$(51)$16 $18 $(14)$(38)
Pension Plans
U.S.InternationalPostretirement
Plans
Six Months Ended
(MILLIONS)June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
Service cost$— $— $49 $50 $$
Interest cost253 265 149 143 14 13 
Expected return on plan assets(374)(368)(164)(161)(31)(28)
Amortization of prior service cost/(credit)— — (16)(57)
Actuarial (gains)/losses
— — — — 
Curtailments— — (3)(9)(7)(59)
Special termination benefits— — — — — 
Net periodic benefit cost/(credit) reported in income$(116)$(102)$50 $26 $(32)$(123)
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 six months ended June 28, 2026, we contributed $84 million to our U.S. Pension Plans and $100 million to our International Pension Plans from our general assets, which include direct employer benefit payments.