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Pension and Postretirement Benefit Plans (Tables) | 6 Months Ended
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Jun. 28, 2020
Retirement Benefits [Abstract] |
Schedule of Net Periodic Benefit Costs |
The following table provides the components of net periodic benefit cost/(credit):
|  | Three Months Ended
|  | Pension Plans |  |
|  | U.S. Qualified |  | U.S. Supplemental (Non-Qualified) |  | International |  | Postretirement Plans
(MILLIONS OF DOLLARS) |  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |
Service cost |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 36 |  |  | $ | 31 |  |  | $ | 10 |  |  | $ | 9 |
Interest cost |  | 131 |  |  | 157 |  |  | 8 |  |  | 12 |  |  | 40 |  |  | 54 |  |  | 13 |  |  | 19 |
Expected return on plan assets |  | (251 | ) |  | (223 | ) |  | — |  |  | — |  |  | (75 | ) |  | (80 | ) |  | (9 | ) |  | (8 | )
Amortization of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial losses |  | 32 |  |  | 37 |  |  | 4 |  |  | 2 |  |  | 30 |  |  | 20 |  |  | — |  |  | 1 |
Prior service credits |  | (1 | ) |  | (1 | ) |  | — |  |  | — |  |  | (1 | ) |  | (1 | ) |  | (43 | ) |  | (45 | )
Settlements |  | 6 |  |  | 2 |  |  | 6 |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | — |
Special termination benefits |  | — |  |  | 1 |  |  | 1 |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Net periodic benefit cost/(credit) reported in income |  | $ | (83 | ) |  | $ | (27 | ) |  | $ | 19 |  |  | $ | 17 |  |  | $ | 32 |  |  | $ | 25 |  |  | $ | (30 | ) |  | $ | (23 | )
|  | Six Months Ended
|  | Pension Plans |  |
|  | U.S. Qualified |  | U.S. Supplemental (Non-Qualified) |  | International |  | Postretirement Plans
(MILLIONS OF DOLLARS) |  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |
Service cost |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 72 |  |  | $ | 63 |  |  | $ | 19 |  |  | $ | 19 |
Interest cost |  | 262 |  |  | 315 |  |  | 18 |  |  | 25 |  |  | 82 |  |  | 109 |  |  | 25 |  |  | 38 |
Expected return on plan assets |  | (503 | ) |  | (445 | ) |  | — |  |  | — |  |  | (153 | ) |  | (160 | ) |  | (18 | ) |  | (16 | )
Amortization of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial losses |  | 64 |  |  | 74 |  |  | 7 |  |  | 5 |  |  | 62 |  |  | 41 |  |  | — |  |  | 2 |
Prior service credits |  | (1 | ) |  | (2 | ) |  | — |  |  | — |  |  | (1 | ) |  | (2 | ) |  | (86 | ) |  | (89 | )
Settlements |  | 20 |  |  | 2 |  |  | 44 |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | — |
Special termination benefits |  | — |  |  | 1 |  |  | 2 |  |  | 9 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Net periodic benefit cost/(credit) reported in income |  | $ | (159 | ) |  | $ | (55 | ) |  | $ | 71 |  |  | $ | 37 |  |  | $ | 63 |  |  | $ | 51 |  |  | $ | (60 | ) |  | $ | (46 | )
The following table provides the amounts we contributed, and the amounts we expect to contribute during 2020, to our pension and postretirement plans from our general assets for the periods indicated:
|  | Pension Plans |  |
(MILLIONS OF DOLLARS) |  | U.S. Qualified |  | U.S. Supplemental (Non-Qualified) |  | International |  | Postretirement Plans
Contributions from our general assets for the six months ended June 28, 2020 |  | $ | 3 |  |  | $ | 150 |  |  | $ | 116 |  |  | $ | 64 |
Expected contributions from our general assets during 2020(a) |  | 1,253 |  |  | 183 |  |  | 185 |  |  | 137 |
Schedule of Employer Contributions to Pension and Postretirement Plans |
The following table provides the amounts we contributed, and the amounts we expect to contribute during 2020, to our pension and postretirement plans from our general assets for the periods indicated:
|  | Pension Plans |  |
(MILLIONS OF DOLLARS) |  | U.S. Qualified |  | U.S. Supplemental (Non-Qualified) |  | International |  | Postretirement Plans
Contributions from our general assets for the six months ended June 28, 2020 |  | $ | 3 |  |  | $ | 150 |  |  | $ | 116 |  |  | $ | 64 |
Expected contributions from our general assets during 2020(a) |  | 1,253 |  |  | 183 |  |  | 185 |  |  | 137 |
(a) Contributions expected to be made for 2020 are inclusive of amounts contributed during the six months ended June 28, 2020. The U.S. supplemental (non-qualified) pension plan, international pension plan and the postretirement plan contributions from our general assets include direct employer benefit payments. For the U.S. qualified plans, we plan to make a $1.25 billion voluntary contribution in the second half of 2020.

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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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