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POSTRETIREMENT BENEFIT PLANS | 3 Months Ended
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Mar. 30, 2025
Retirement Benefits [Abstract] |
POSTRETIREMENT BENEFIT PLANS | POSTRETIREMENT BENEFIT PLANS The pretax FAS (expense) income related to our qualified defined benefit pension plans consisted of the following (in millions):
|  |  | Quarters Ended
|  |  |  |  | March 30, 2025 |  | March 31, 2024
Qualified defined benefit pension plans |  |  |  |  |  |  |  |  |  |  |
Operating: |  |  |  |  |  |  |  |  |  |  |
Service cost |  |  |  |  |  |  | $ | (13) |  |  |  | $ | (15) |  |
Non-operating: |  |  |  |  |  |  |  |  |  |  |
Interest cost |  |  |  |  |  |  | (368) |  |  |  | (349) |  |
Expected return on plan assets |  |  |  |  |  |  | 360 |  |  |  | 393 |  |
Amortization of actuarial losses |  |  |  |  |  |  | (78) |  |  |  | (65) |  |
Amortization of prior service (costs) credits |  |  |  |  |  |  | (12) |  |  |  | 37 |  |
Non-service FAS pension (expense) income |  |  |  |  |  |  | (98) |  |  |  | 16 |  |
Total FAS pension (expense) income |  |  |  |  |  |  | $ | (111) |  |  |  | $ | 1 |  |
We record the service cost component of FAS (expense) income for our qualified defined benefit pension plans in consolidated operating profit and the non-service components in non-service FAS pension (expense) income on our consolidated statements of earnings. Total FAS income for our other postretirement benefit plans was not material during the quarter ended March 30, 2025 and March 31, 2024 and is part of other non-operating income, net on our consolidated statements of earnings. The required funding of our qualified defined benefit pension plans is determined in accordance with the Employee Retirement Income Security Act of 1974 (ERISA), as amended, along with consideration of CAS and Internal Revenue Code rules. We made no contributions to our qualified defined benefit pension plans during the quarters ended March 30, 2025 and March 31, 2024.

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