Quarterly report pursuant to Section 13 or 15(d)

Postretirement Benefits

v3.21.2
Postretirement Benefits
6 Months Ended
Jul. 03, 2021
Retirement Benefits [Abstract]  
Retirement Benefits [Text Block] Postretirement Benefits
The Company has defined contribution plans, nonqualified defined benefit pension plans, and other postretirement benefit plans covering substantially all of its employees. The Company's contributions to its defined contribution plans include matching and annual discretionary contributions which are based on various percentages of compensation, and in some instances are based on the amount of the employees' contributions to the plans. See Note 17 in the Notes to Consolidated Financial Statements in the 2020 Form 10-K for further details regarding these plans.

Pension and other postretirement benefit costs included the following components for the three months ended July 3, 2021 and June 27, 2020:
Pension Benefits Other Postretirement Benefits
(in millions) July 3,
2021
June 27,
2020
July 3,
2021
June 27,
2020