XML 27 R15.htm IDEA: XBRL DOCUMENT v3.25.2
Retirement Benefits
6 Months Ended
Jul. 04, 2025
Retirement Benefits [Abstract]  
Retirement Benefits Retirement Benefits
We have two frozen defined benefit pension plans in the U.S., one frozen and one active plan in the U.K. and one frozen plan in Germany. The components of net periodic pension benefit related to the frozen U.K. pension for the three and six months ended July 4, 2025 and June 28, 2024, respectively, were as follows:
 Three Months EndedSix Months Ended
July 4,June 28,July 4,June 28,
Dollars in millions2025202420252024
Components of net periodic pension benefit
Interest cost$15 $15 $30 $30 
Expected return on plan assets(28)(28)(54)(56)
Amortization of prior service cost— — 
Recognized actuarial loss
Net periodic pension benefit$(11)$(12)$(21)$(24)
In 2024, the Trustee of the U.K. defined benefit pension plan commenced the triennial actuarial valuation of the plan which was finalized during the three months ended July 4, 2025. At this time, we do not anticipate contributing additional funding to this plan at least until the next triennial valuation occurs.