10-Q Filing

SNAP-ON INC CIK: 91440 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000091440-20-000028`
Period End Date	20200930
Filing Date	20201022
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	sna-20200926_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 68 Cash Flow Statement 84 Stockholders Equity 48 Comprehensive Income 40

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	67.42M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	67.43M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.22M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	12.77M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$184.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$787.50M	USD	Point-in-time
Trade and other accounts receivable net	`AccountsReceivableNetCurrent`	$694.60M	USD	Point-in-time
Trade and other accounts receivable net	`AccountsReceivableNetCurrent`	$618.90M	USD	Point-in-time
Finance receivables and contract receivables - net	`NotesAndLoansReceivableNetCurrent`	$645.40M	USD	Point-in-time
Finance receivables and contract receivables - net	`NotesAndLoansReceivableNetCurrent`	$630.80M	USD	Point-in-time
Inventories net	`InventoryNet`	$760.40M	USD	Point-in-time
Inventories net	`InventoryNet`	$764.40M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$122.00M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$110.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.94B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.38B	USD	Point-in-time
Property and equipment and finance lease right-of-use asset, gross	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$1.43B	USD	Point-in-time
Property and equipment and finance lease right-of-use asset, gross	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$1.45B	USD	Point-in-time
Accumulated depreciation and amortization	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$903.50M	USD	Point-in-time
Accumulated depreciation and amortization	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$945.60M	USD	Point-in-time
Property and equipment net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$521.50M	USD	Point-in-time
Property and equipment net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$505.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$51.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$55.60M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$52.30M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$47.30M	USD	Point-in-time
Long-term finance receivables and contract receivables - net	`NotesAndLoansReceivableNetNoncurrent`	$1.46B	USD	Point-in-time
Long-term finance receivables and contract receivables - net	`NotesAndLoansReceivableNetNoncurrent`	$1.49B	USD	Point-in-time
Goodwill	`Goodwill`	$938.50M	USD	Point-in-time
Goodwill	`Goodwill`	$913.80M	USD	Point-in-time
Other intangibles net	`IntangibleAssetsNetExcludingGoodwill`	$241.60M	USD	Point-in-time
Other intangibles net	`IntangibleAssetsNetExcludingGoodwill`	$243.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$62.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$56.10M	USD	Point-in-time
Total assets	`Assets`	$5.69B	USD	Point-in-time
Total assets	`Assets`	$6.27B	USD	Point-in-time
Notes payable and current maturities of long-term debt	`DebtCurrent`	$202.90M	USD	Point-in-time
Notes payable and current maturities of long-term debt	`DebtCurrent`	$267.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$206.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$198.50M	USD	Point-in-time
Accrued benefits	`AccruedEmployeeBenefitsCurrent`	$53.60M	USD	Point-in-time
Accrued benefits	`AccruedEmployeeBenefitsCurrent`	$53.30M	USD	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$53.90M	USD	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$82.50M	USD	Point-in-time
Franchisee deposits	`DepositLiabilityCurrent`	$68.20M	USD	Point-in-time
Franchisee deposits	`DepositLiabilityCurrent`	$85.90M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$370.80M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$421.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$947.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.12B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.18B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$946.90M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$69.30M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$63.50M	USD	Point-in-time
Retiree health care benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$31.50M	USD	Point-in-time
Retiree health care benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$33.60M	USD	Point-in-time
Pension liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$103.70M	USD	Point-in-time
Pension liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$122.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$33.60M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$37.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$95.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$105.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.63B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,430,879 and 67,423,106 shares, respectively)	`CommonStockValue`	$67.40M	USD	Point-in-time
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,430,879 and 67,423,106 shares, respectively)	`CommonStockValue`	$67.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$379.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$386.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.78B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.01B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-465.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-507.90M	USD	Point-in-time
Treasury stock at cost (13,220,919 and 12,772,882 shares, respectively)	`TreasuryStockValue`	$1.31B	USD	Point-in-time
Treasury stock at cost (13,220,919 and 12,772,882 shares, respectively)	`TreasuryStockValue`	$1.38B	USD	Point-in-time
Total shareholders equity attributable to Snap-on Incorporated	`StockholdersEquity`	$3.62B	USD	Point-in-time
Total shareholders equity attributable to Snap-on Incorporated	`StockholdersEquity`	$3.41B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$21.80M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$21.70M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.43B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.51B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.12B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.31B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.69B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$985.90M	USD	1 Quarter
Net sales	`Revenues`	$1.03B	USD	1 Quarter
Net sales	`Revenues`	$2.77B	USD	3 Qtrs
Net sales	`Revenues`	$3.03B	USD	3 Qtrs
Operating earnings	`OperatingIncomeLoss`	$595.80M	USD	3 Qtrs
Operating earnings	`OperatingIncomeLoss`	$251.30M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$228.70M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$728.70M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$36.90M	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$38.60M	USD	3 Qtrs
Other income (expense) net	`OtherNonoperatingIncomeExpense`	$6.30M	USD	3 Qtrs
Other income (expense) net	`OtherNonoperatingIncomeExpense`	$2.80M	USD	1 Quarter
Other income (expense) net	`OtherNonoperatingIncomeExpense`	$2.80M	USD	1 Quarter
Other income (expense) net	`OtherNonoperatingIncomeExpense`	$6.40M	USD	3 Qtrs
Earnings before income taxes and equity earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$698.20M	USD	3 Qtrs
Earnings before income taxes and equity earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$219.50M	USD	1 Quarter
Earnings before income taxes and equity earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$563.50M	USD	3 Qtrs
Earnings before income taxes and equity earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$240.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$55.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$130.90M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$162.90M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$50.40M	USD	1 Quarter
Earnings before equity earnings	`EarningsBeforeEquityEarnings`	$432.60M	USD	3 Qtrs
Earnings before equity earnings	`EarningsBeforeEquityEarnings`	$535.30M	USD	3 Qtrs
Earnings before equity earnings	`EarningsBeforeEquityEarnings`	$185.20M	USD	1 Quarter
Earnings before equity earnings	`EarningsBeforeEquityEarnings`	$169.10M	USD	1 Quarter
Equity earnings (loss), net of tax	`IncomeLossFromEquityMethodInvestments`	$900.00K	USD	3 Qtrs
Equity earnings (loss), net of tax	`IncomeLossFromEquityMethodInvestments`	$-500.00K	USD	1 Quarter
Equity earnings (loss), net of tax	`IncomeLossFromEquityMethodInvestments`	$100.00K	USD	1 Quarter
Equity earnings (loss), net of tax	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Net earnings	`ProfitLoss`	$536.20M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$169.20M	USD	1 Quarter
Net earnings	`ProfitLoss`	$432.60M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$184.70M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.50M	USD	3 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.60M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.30M	USD	3 Qtrs
Net earnings attributable to Snap-on Incorporated	`NetIncomeLoss`	$418.10M	USD	3 Qtrs
Net earnings attributable to Snap-on Incorporated	`NetIncomeLoss`	$522.90M	USD	3 Qtrs
Net earnings attributable to Snap-on Incorporated	`NetIncomeLoss`	$164.60M	USD	1 Quarter
Net earnings attributable to Snap-on Incorporated	`NetIncomeLoss`	$179.70M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.31	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.69	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$9.47	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.62	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.96	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$9.34	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.20M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.40M	shares	3 Qtrs
Effect of dilutive securities (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	500,000.00	shares	1 Quarter
Effect of dilutive securities (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	700,000.00	shares	1 Quarter
Effect of dilutive securities (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	500,000.00	shares	3 Qtrs
Effect of dilutive securities (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	800,000.00	shares	3 Qtrs
Weighted-average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.00M	shares	3 Qtrs
Weighted-average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.90M	shares	3 Qtrs
Weighted-average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.80M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.70M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.85	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.24	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.95	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.08	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$536.20M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$169.20M	USD	1 Quarter
Net earnings	`ProfitLoss`	$432.60M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$184.70M	USD	1 Quarter
Depreciation	`Depreciation`	$52.20M	USD	3 Qtrs
Depreciation	`Depreciation`	$54.30M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfIntangibleAssets`	$5.80M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfIntangibleAssets`	$5.50M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfIntangibleAssets`	$17.20M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfIntangibleAssets`	$16.30M	USD	3 Qtrs
Provision for losses on finance receivables	`ProvisionForLoanAndLeaseLosses`	$41.20M	USD	3 Qtrs
Provision for losses on finance receivables	`ProvisionForLoanAndLeaseLosses`	$35.80M	USD	3 Qtrs
Provision for losses on non-finance receivables	`AccountsReceivableAndContractReceivableCreditLossExpenseReversal`	$14.40M	USD	3 Qtrs
Provision for losses on non-finance receivables	`AccountsReceivableAndContractReceivableCreditLossExpenseReversal`	$16.30M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$18.70M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.50M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.60M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$4.60M	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$10.70M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-8.50M	USD	3 Qtrs
Loss on sales of assets	`GainsLossesOnSalesOfAssets`	$-700.00K	USD	3 Qtrs
Loss on sales of assets	`GainsLossesOnSalesOfAssets`	$-800.00K	USD	3 Qtrs
Settlement of treasury lock	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	3 Qtrs
Settlement of treasury lock	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.40M	USD	3 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$8.40M	USD	3 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-58.50M	USD	3 Qtrs
Contract receivables	`IncreaseDecreaseInOtherReceivables`	$26.80M	USD	3 Qtrs
Contract receivables	`IncreaseDecreaseInOtherReceivables`	$12.90M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$97.30M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.60M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.00M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$300.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.30M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.20M	USD	3 Qtrs
Accruals and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$85.20M	USD	3 Qtrs
Accruals and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-80.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$477.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$691.00M	USD	3 Qtrs
Additions to finance receivables	`IncreaseDecreaseInFinanceReceivables`	$628.10M	USD	3 Qtrs
Additions to finance receivables	`IncreaseDecreaseInFinanceReceivables`	$611.50M	USD	3 Qtrs
Collections of finance receivables	`ProceedsFromSaleAndCollectionOfFinanceReceivables`	$542.70M	USD	3 Qtrs
Collections of finance receivables	`ProceedsFromSaleAndCollectionOfFinanceReceivables`	$565.10M	USD	3 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$39.10M	USD	3 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$77.80M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.10M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$38.90M	USD	3 Qtrs
Disposals of property and equipment	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$300.00K	USD	3 Qtrs
Disposals of property and equipment	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$1.40M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.30M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.60M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.70M	USD	3 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-114.20M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$489.90M	USD	3 Qtrs
Net increase (decrease) in other short-term borrowings	`NetIncreaseDecreaseInOtherShortTermBorrowing`	$-187.70M	USD	3 Qtrs
Net increase (decrease) in other short-term borrowings	`NetIncreaseDecreaseInOtherShortTermBorrowing`	$46.90M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividends`	$157.60M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividends`	$176.50M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$95.60M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$167.20M	USD	3 Qtrs
Proceeds from stock purchase and option plans	`ProceedsFromStockOptionsExercised`	$2.70M	USD	1 Quarter
Proceeds from stock purchase and option plans	`ProceedsFromStockOptionsExercised`	$1.60M	USD	1 Quarter
Proceeds from stock purchase and option plans	`ProceedsFromStockOptionsExercised`	$26.20M	USD	3 Qtrs
Proceeds from stock purchase and option plans	`ProceedsFromStockOptionsExercised`	$16.50M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-18.50M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.30M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.30M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-270.20M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.10M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-400.00K	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$603.00M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.60M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.50M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$140.90M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$787.50M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$140.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$787.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.50M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$44.80M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$41.20M	USD	3 Qtrs
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$140.50M	USD	3 Qtrs
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$131.90M	USD	3 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.85	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.24	USD	3 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.95	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.08	USD	1 Quarter
Share repurchases (in shares)	`TreasuryStockSharesAcquired`	649,000.00	shares	3 Qtrs
Share repurchases (in shares)	`TreasuryStockSharesAcquired`	300,000.00	shares	1 Quarter
Share repurchases (in shares)	`TreasuryStockSharesAcquired`	1.06M	shares	3 Qtrs
Share repurchases (in shares)	`TreasuryStockSharesAcquired`	400,000.00	shares	1 Quarter
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$45.10M	USD	1 Quarter
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$167.20M	USD	3 Qtrs
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$59.70M	USD	1 Quarter
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$95.60M	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.43B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.51B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.12B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.31B	USD	Point-in-time
Net earnings	`ProfitLoss`	$536.20M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$169.20M	USD	1 Quarter
Net earnings	`ProfitLoss`	$432.60M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$184.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$42.30M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$48.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-43.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-35.80M	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$58.80M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$52.30M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$176.50M	USD	3 Qtrs
Cash dividends	`DividendsCommonStockCash`	$157.60M	USD	3 Qtrs
Stock compensation plans	`StockCompensationPlans`	$43.20M	USD	3 Qtrs
Stock compensation plans	`StockCompensationPlans`	$7.90M	USD	1 Quarter
Stock compensation plans	`StockCompensationPlans`	$6.40M	USD	1 Quarter
Stock compensation plans	`StockCompensationPlans`	$28.00M	USD	3 Qtrs
Share repurchases	`TreasuryStockValueAcquiredCostMethod`	$45.10M	USD	1 Quarter
Share repurchases	`TreasuryStockValueAcquiredCostMethod`	$167.20M	USD	3 Qtrs
Share repurchases	`TreasuryStockValueAcquiredCostMethod`	$59.70M	USD	1 Quarter
Share repurchases	`TreasuryStockValueAcquiredCostMethod`	$95.60M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$3.90M	USD	1 Quarter
Other	`StockholdersEquityOther`	$12.20M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$5.30M	USD	1 Quarter
Other	`StockholdersEquityOther`	$14.70M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.43B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.51B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.12B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.31B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$536.20M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$169.20M	USD	1 Quarter
Net earnings	`ProfitLoss`	$432.60M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$184.70M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-47.30M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$22.40M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-48.10M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$42.60M	USD	1 Quarter
Other comprehensive income before reclassifications	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	3 Qtrs
Other comprehensive income before reclassifications	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$1.40M	USD	3 Qtrs
Other comprehensive income before reclassifications	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Other comprehensive income before reclassifications	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Reclassification of cash flow hedges to net earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$400.00K	USD	1 Quarter
Reclassification of cash flow hedges to net earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.10M	USD	3 Qtrs
Reclassification of cash flow hedges to net earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$400.00K	USD	1 Quarter
Reclassification of cash flow hedges to net earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.20M	USD	3 Qtrs
Amortization of net unrecognized losses and prior service credits included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-25.90M	USD	3 Qtrs
Amortization of net unrecognized losses and prior service credits included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-5.90M	USD	1 Quarter
Amortization of net unrecognized losses and prior service credits included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-17.60M	USD	3 Qtrs
Amortization of net unrecognized losses and prior service credits included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-8.70M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-2.10M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-1.40M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-4.20M	USD	3 Qtrs
Income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-6.20M	USD	3 Qtrs
Net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-6.60M	USD	1 Quarter
Net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-13.40M	USD	3 Qtrs
Net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-19.70M	USD	3 Qtrs
Net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-4.50M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$126.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$474.90M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$500.40M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$233.50M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.50M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.60M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.30M	USD	3 Qtrs
Comprehensive income attributable to Snap-on Incorporated	`ComprehensiveIncomeNetOfTax`	$487.10M	USD	3 Qtrs
Comprehensive income attributable to Snap-on Incorporated	`ComprehensiveIncomeNetOfTax`	$460.40M	USD	3 Qtrs
Comprehensive income attributable to Snap-on Incorporated	`ComprehensiveIncomeNetOfTax`	$121.40M	USD	1 Quarter
Comprehensive income attributable to Snap-on Incorporated	`ComprehensiveIncomeNetOfTax`	$228.50M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.