The cold open sketch for the show’s final episode of 2016 featured Alec Baldwin returning to play Trump and Kate McKinnon as his senior adviser Kellyanne Conway, with the two discussing cabinet picks and the tiny list of people willing to play at Trump’s inauguration. Soon, a shirtless Putin (played by Beck Bennett) barrels down the chimney Santa Claus-style, bearing a suspicious “Elf on the Shelf” toy he encourages the President-elect to put next to his Internet router.
“You keep it there all year. It’s fun, yes?” Putin says.
When Trump apologizes for not having a present for the Russian president, Putin says, “Please, Mr. Trump, you are the gift.”
Trump’s Secretary of State pick Rex Tillerson, played by John Goodman, joins the two to have a joyous reunion with Putin, whom he refers to as “Pootie,” with a secret Russian handshake. Tillerson and Putin immediately work to make some quick oil deals, while a left-out Trump tries to join in.
“And then we destroy Vanity Fair, right?” he asks.
“Sure, buddy,” Tillerson says.
This article originally appeared on TIME.com