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v3.23.2

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jul. 01, 2022 | Jun. 30, 2023 | Jul. 01, 2022
Net periodic pension and other Postretirement benefit cost |  |  |  |
Contributions to pension plan |  |  | $ 23 | $ 19
Expected Future Employer Contributions, Next Fiscal Year | $ 12 |  | 12 |
Pension Benefits |  |  |  |
Net periodic pension and other Postretirement benefit cost |  |  |  |
Service cost | 23 | $ 22 | 47 | 44
Interest cost | 81 | 51 | 162 | 102
Expected return on plan assets | (119) | (147) | (238) | (296)
Amortization of prior service cost (credit) | 1 | 0 | 1 | 0
Amortization of net actuarial loss | 24 | 29 | 48 | 58
Net periodic benefit cost (income) | $ 10 | (45) | $ 20 | (92)
Weighted-Average Expected Long-term Rate of Return on Plan Assets | 7.00% |  | 7.00% |
Other Benefits |  |  |  |
Net periodic pension and other Postretirement benefit cost |  |  |  |
Service cost | $ 1 | 1 | $ 2 | 3
Interest cost | 7 | 5 | 14 | 9
Expected return on plan assets | (3) | (4) | (7) | (8)
Amortization of prior service cost (credit) | (1) | (1) | (2) | (2)
Amortization of net actuarial loss | (2) | 0 | (3) | 0
Net periodic benefit cost (income) | $ 2 | $ 1 | $ 4 | $ 2
Weighted-Average Expected Long-term Rate of Return on Plan Assets | 3.75% |  | 3.75% |

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