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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 26, 2021
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Benefit

The components of net periodic pension benefit for the Company’s North America pension plans are as follows:

 

 

 

Second Quarter

 

 

First Half

 

(In millions)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

 

 

$

 

 

$

 

 

$

 

Interest cost

 

 

5

 

 

 

7

 

 

 

10

 

 

 

14

 

Expected return on plan assets

 

 

(8

)

 

 

(8

)

 

 

(15

)

 

 

(16

)

Net periodic pension benefit

 

$

(3

)

 

$

(1

)

 

$

(5

)

 

$

(2

)

 

The components of net periodic pension benefit for the Company’s pension plan in the United Kingdom (“UK”) are as follows:

 

 

 

Second Quarter

 

 

First Half

 

(In millions)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

 

 

$

 

 

$

 

 

$

 

Interest cost

 

 

1

 

 

 

1

 

 

 

2

 

 

 

2

 

Expected return on plan assets

 

 

(2

)

 

 

(1

)

 

 

(3

)

 

 

(2

)

Net periodic pension benefit

 

$

(1

)

 

$

 

 

$

(1

)

 

$