10-Q Filing

SNAP-ON INC CIK: 91440 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000091440-23-000011`
Period End Date	20230331
Filing Date	20230420
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	sna-20230401_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 30 Cash Flow Statement 70 Stockholders Equity 26 Comprehensive Income 18

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`	67.45M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	67.44M	shares	Point-in-time
Treasury stock shares at cost (in shares)	`TreasuryStockCommonShares`	14.44M	shares	Point-in-time
Treasury stock shares at cost (in shares)	`TreasuryStockCommonShares`	14.52M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$833.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$757.20M	USD	Point-in-time
Trade and other accounts receivable net	`AccountsReceivableNetCurrent`	$782.40M	USD	Point-in-time
Trade and other accounts receivable net	`AccountsReceivableNetCurrent`	$761.70M	USD	Point-in-time
Finance receivables and contract receivables - net	`NotesAndLoansReceivableNetCurrent`	$677.90M	USD	Point-in-time
Finance receivables and contract receivables - net	`NotesAndLoansReceivableNetCurrent`	$672.10M	USD	Point-in-time
Inventories net	`InventoryNet`	$1.05B	USD	Point-in-time
Inventories net	`InventoryNet`	$1.03B	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$138.00M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$144.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.48B	USD	Point-in-time
Property and equipment gross	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$1.54B	USD	Point-in-time
Property and equipment gross	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$1.56B	USD	Point-in-time
Accumulated depreciation and amortization	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.04B	USD	Point-in-time
Accumulated depreciation and amortization	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.02B	USD	Point-in-time
Property and equipment net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$512.60M	USD	Point-in-time
Property and equipment net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$516.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.50M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$73.10M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$70.00M	USD	Point-in-time
Long-term finance receivables and contract receivables - net	`NotesAndLoansReceivableNetNoncurrent`	$1.55B	USD	Point-in-time
Long-term finance receivables and contract receivables - net	`NotesAndLoansReceivableNetNoncurrent`	$1.58B	USD	Point-in-time
Goodwill	`Goodwill`	$1.05B	USD	Point-in-time
Goodwill	`Goodwill`	$1.05B	USD	Point-in-time
Other intangibles net	`IntangibleAssetsNetExcludingGoodwill`	$273.30M	USD	Point-in-time
Other intangibles net	`IntangibleAssetsNetExcludingGoodwill`	$275.60M	USD	Point-in-time
Pension assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$71.80M	USD	Point-in-time
Pension assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$70.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.90M	USD	Point-in-time
Total assets	`Assets`	$6.97B	USD	Point-in-time
Total assets	`Assets`	$7.13B	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$18.20M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$17.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$283.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$287.00M	USD	Point-in-time
Accrued benefits	`AccruedEmployeeBenefitsCurrent`	$65.30M	USD	Point-in-time
Accrued benefits	`AccruedEmployeeBenefitsCurrent`	$58.60M	USD	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$98.60M	USD	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$68.60M	USD	Point-in-time
Franchisee deposits	`DepositLiabilityCurrent`	$73.80M	USD	Point-in-time
Franchisee deposits	`DepositLiabilityCurrent`	$72.50M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$436.40M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$491.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$971.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$999.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.18B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.18B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$82.10M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$85.30M	USD	Point-in-time
Retiree health care benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$23.40M	USD	Point-in-time
Retiree health care benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$22.90M	USD	Point-in-time
Pension liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$78.60M	USD	Point-in-time
Pension liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$72.70M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$44.70M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$44.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$84.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$85.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.47B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.49B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`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 67,450,776 and 67,444,966 shares, respectively)	`CommonStockValue`	$67.40M	USD	Point-in-time
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,450,776 and 67,444,966 shares, respectively)	`CommonStockValue`	$67.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$500.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$499.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.46B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-528.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-510.60M	USD	Point-in-time
Treasury stock at cost (14,520,364 and 14,442,386 shares, respectively)	`TreasuryStockCommonValue`	$1.91B	USD	Point-in-time
Treasury stock at cost (14,520,364 and 14,442,386 shares, respectively)	`TreasuryStockCommonValue`	$1.85B	USD	Point-in-time
Total shareholders equity attributable to Snap-on Incorporated	`StockholdersEquity`	$4.48B	USD	Point-in-time
Total shareholders equity attributable to Snap-on Incorporated	`StockholdersEquity`	$4.61B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$22.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$22.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.20B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.32B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.13B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.97B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$1.28B	USD	1 Quarter
Net sales	`Revenues`	$1.19B	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$293.50M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$326.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.60M	USD	1 Quarter
Other income (expense) net	`OtherNonoperatingIncomeExpense`	$8.30M	USD	1 Quarter
Other income (expense) net	`OtherNonoperatingIncomeExpense`	$15.20M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$328.90M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$290.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$74.60M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$67.50M	USD	1 Quarter
Net earnings	`ProfitLoss`	$222.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$254.30M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.60M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.30M	USD	1 Quarter
Net earnings attributable to Snap-on Incorporated	`NetIncomeLoss`	$248.70M	USD	1 Quarter
Net earnings attributable to Snap-on Incorporated	`NetIncomeLoss`	$217.40M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.69	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.07	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.00	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.60	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.40M	shares	1 Quarter
Effect of dilutive securities (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	1.10M	shares	1 Quarter
Effect of dilutive securities (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	900,000.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.10M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.62	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.42	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$222.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$254.30M	USD	1 Quarter
Depreciation	`Depreciation`	$18.50M	USD	1 Quarter
Depreciation	`Depreciation`	$18.00M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfIntangibleAssets`	$6.90M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfIntangibleAssets`	$7.20M	USD	1 Quarter
Provision for losses on finance receivables	`ProvisionForLoanLossesExpensed`	$6.30M	USD	1 Quarter
Provision for losses on finance receivables	`ProvisionForLoanLossesExpensed`	$14.20M	USD	1 Quarter
Provision for losses on non-finance receivables	`AccountsReceivableAndContractReceivableCreditLossExpenseReversal`	$3.80M	USD	1 Quarter
Provision for losses on non-finance receivables	`AccountsReceivableAndContractReceivableCreditLossExpenseReversal`	$5.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$10.20M	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$2.30M	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-200.00K	USD	1 Quarter
Gain on sales of assets	`GainsLossesOnSalesOfAssets`	$2.70M	USD	1 Quarter
Gain on sales of assets	`GainsLossesOnSalesOfAssets`	$200.00K	USD	1 Quarter
Trade and other accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$53.10M	USD	1 Quarter
Trade and other accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$22.90M	USD	1 Quarter
Contract receivables	`IncreaseDecreaseInOtherReceivables`	$-9.70M	USD	1 Quarter
Contract receivables	`IncreaseDecreaseInOtherReceivables`	$-200.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$13.20M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$61.70M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.70M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.90M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-500.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.10M	USD	1 Quarter
Accruals and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$28.10M	USD	1 Quarter
Accruals and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$5.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$193.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$301.60M	USD	1 Quarter
Additions to finance receivables	`PaymentsToAcquireFinanceReceivables`	$205.50M	USD	1 Quarter
Additions to finance receivables	`PaymentsToAcquireFinanceReceivables`	$257.10M	USD	1 Quarter
Collections of finance receivables	`ProceedsFromSaleAndCollectionOfFinanceReceivables`	$207.50M	USD	1 Quarter
Collections of finance receivables	`ProceedsFromSaleAndCollectionOfFinanceReceivables`	$215.60M	USD	1 Quarter
Capital expenditures	`PaymentsForCapitalImprovements`	$23.00M	USD	1 Quarter
Capital expenditures	`PaymentsForCapitalImprovements`	$20.20M	USD	1 Quarter
Disposals of property and equipment	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$500.00K	USD	1 Quarter
Disposals of property and equipment	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$3.80M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$800.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.60M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-72.90M	USD	1 Quarter
Net increase in other short-term borrowings	`NetIncreaseDecreaseInOtherShortTermBorrowing`	$800.00K	USD	1 Quarter
Net increase in other short-term borrowings	`NetIncreaseDecreaseInOtherShortTermBorrowing`	$2.30M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividends`	$86.10M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividends`	$75.70M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$28.80M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$87.20M	USD	1 Quarter
Proceeds from stock purchase and option plans	`ProceedsFromStockOptionsExercised`	$32.80M	USD	1 Quarter
Proceeds from stock purchase and option plans	`ProceedsFromStockOptionsExercised`	$5.80M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.40M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.90M	USD	1 Quarter
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-106.30M	USD	1 Quarter
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-152.10M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.00K	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.60M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$81.10M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$861.10M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$833.80M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$780.00M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$757.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$861.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$833.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$780.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$757.20M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$13.60M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$13.80M	USD	1 Quarter
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$18.00M	USD	1 Quarter
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$13.30M	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.62	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.42	USD	1 Quarter
Share repurchases (in shares)	`TreasuryStockSharesAcquired`	356,000.00	shares	1 Quarter
Share repurchases (in shares)	`TreasuryStockSharesAcquired`	136,000.00	shares	1 Quarter
Stockholders' Equity, Other	`StockholdersEquityOther`	$6.20M	USD	1 Quarter
Stockholders' Equity, Other	`StockholdersEquityOther`	$5.50M	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Net earnings	`ProfitLoss`	$222.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$254.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.70M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$75.70M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$86.10M	USD	1 Quarter
Stock compensation plans	`StockCompensationPlans`	$36.40M	USD	1 Quarter
Stock compensation plans	`StockCompensationPlans`	$10.80M	USD	1 Quarter
Share repurchases	`TreasuryStockValueAcquiredCostMethod`	$28.80M	USD	1 Quarter
Share repurchases	`TreasuryStockValueAcquiredCostMethod`	$87.20M	USD	1 Quarter
Other	`StockholdersEquityOther`	$6.20M	USD	1 Quarter
Other	`StockholdersEquityOther`	$5.50M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$222.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$254.30M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$18.10M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-9.70M	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`	$400.00K	USD	1 Quarter
Amortization of net unrecognized losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	-	USD	1 Quarter
Amortization of net unrecognized losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-4.50M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-1.10M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	1 Quarter
Net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	-	USD	1 Quarter
Net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-3.40M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$216.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$272.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.30M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.60M	USD	1 Quarter
Comprehensive income attributable to Snap-on Incorporated	`ComprehensiveIncomeNetOfTax`	$266.40M	USD	1 Quarter
Comprehensive income attributable to Snap-on Incorporated	`ComprehensiveIncomeNetOfTax`	$210.70M	USD	1 Quarter

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