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Pensions and Other Benefit Plans | 6 Months Ended
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Jul. 01, 2018
Retirement Benefits [Abstract] |
Pension and Other Postretirement Benefits | PENSIONS AND OTHER BENEFIT PLANS Components of Net Periodic Benefit Cost Net periodic benefit cost for the Company’s defined benefit retirement plans and other benefit plans for the fiscal second quarters and fiscal six months of 2018 and 2017 include the following components:
|  | Fiscal Second Quarters Ended |  | Fiscal Six Months Ended
|  | Retirement Plans |  | Other Benefit Plans |  | Retirement Plans |  | Other Benefit Plans
(Dollars in Millions) |  | July 1, 2018 |  | July 2, 2017 |  | July 1, 2018 |  | July 2, 2017 |  | July 1, 2018 |  | July 2, 2017 |  | July 1, 2018 |  | July 2, 2017
Service cost |  | $ | 309 |  |  | 255 |  |  | 68 |  |  | 62 |  |  | 618 |  |  | 506 |  |  | 135 |  |  | 123 |
Interest cost |  | 249 |  |  | 231 |  |  | 38 |  |  | 40 |  |  | 501 |  |  | 461 |  |  | 75 |  |  | 79 |
Expected return on plan assets |  | (554 | ) |  | (509 | ) |  | (2 | ) |  | (1 | ) |  | (1,114 | ) |  | (1,014 | ) |  | (4 | ) |  | (3 | )
Amortization of prior service cost/(credit) |  | — |  |  | 1 |  |  | (8 | ) |  | (8 | ) |  | 1 |  |  | 1 |  |  | (16 | ) |  | (15 | )
Recognized actuarial losses |  | 213 |  |  | 150 |  |  | 31 |  |  | 35 |  |  | 428 |  |  | 302 |  |  | 61 |  |  | 69 |
Curtailments and settlements |  | — |  |  | (1 | ) |  | — |  |  | — |  |  | (2 | ) |  | (1 | ) |  | — |  |  | — |
Net periodic benefit cost |  | $ | 217 |  |  | 127 |  |  | 127 |  |  | 128 |  |  | 432 |  |  | 255 |  |  | 251 |  |  | 253 |
As per the adoption of ASU 2017-07, the service cost component of net periodic benefit cost was presented in the same line items on the Consolidated Statement of Earnings where other employee compensation costs are reported. All other components of net periodic benefit cost are presented as part of Other (income) expense, net on the Consolidated Statement of Earnings. Company Contributions For the fiscal six months ended July 1, 2018, the Company contributed $36 million and $19 million to its U.S. and international retirement plans, respectively. The Company plans to continue to fund its U.S. defined benefit plans to comply with the Pension Protection Act of 2006. International plans are funded in accordance with local regulations.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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