v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 1,753.3 $ 1,624.5
Trade and other accounts receivable – net 890.7 881.4
Finance receivables and contract receivables - net 725.6 720.2
Inventories – net 1,020.5 1,025.2
Prepaid expenses and other current assets 157.6 151.5
Total current assets 4,547.7 4,402.8
Property and equipment:    
Property and equipment – gross 1,656.3 1,648.8
Accumulated depreciation (1,108.6) (1,096.5)
Property and equipment – net 547.7 552.3
Operating lease right-of-use assets 89.9 83.7
Deferred income tax assets 74.3 72.5
Long-term finance receivables and contract receivables - net 1,690.9 1,721.9
Goodwill 1,102.1 1,109.5
Other intangible assets – net 267.2 270.7
Pension assets 173.3 173.8
Other long-term assets 23.3 25.1
Total assets 8,516.4 8,412.3
Current liabilities:    
Notes payable and current maturities of long-term debt 316.2 16.2
Accounts payable 253.6 229.1
Accrued benefits 69.7 64.7
Accrued compensation 66.2 77.2
Franchisee deposits 64.4 66.2
Other accrued liabilities 519.0 465.1
Total current liabilities 1,289.1 918.5
Long-term debt 886.9 1,186.4
Deferred income tax liabilities 92.8 87.0
Retiree health care benefits 17.2 17.7
Pension liabilities 81.7 85.7
Operating lease liabilities 67.9 61.8
Other long-term liabilities 97.7 98.4
Total liabilities 2,533.3 2,455.5
Commitments and contingencies (Note 14)
Shareholders’ equity attributable to Snap-on Incorporated:    
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding) 0.0 0.0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,466,026 and 67,461,309 shares, respectively) 67.5 67.5
Additional paid-in capital 575.1 578.5
Retained earnings 8,257.4 8,137.5
Accumulated other comprehensive loss (375.9) (354.8)
Treasury stock at cost (15,670,397 and 15,594,254 shares, respectively) (2,566.0) (2,496.9)
Total shareholders’ equity attributable to Snap-on Incorporated 5,958.1 5,931.8
Noncontrolling interests 25.0 25.0
Total equity 5,983.1 5,956.8
Total liabilities and equity 8,516.4 8,412.3
Land    
Property and equipment:    
Property and equipment – gross 35.4 35.8
Buildings and improvements    
Property and equipment:    
Property and equipment – gross 470.0 470.3
Machinery, equipment and computer software    
Property and equipment:    
Property and equipment – gross 1,150.9 1,142.7
Finance Receivables    
Current assets:    
Finance receivables and contract receivables - net 598.2 590.2
Property and equipment:    
Long-term finance receivables and contract receivables - net 1,273.3 1,298.8
Contract Receivables    
Current assets:    
Finance receivables and contract receivables - net 127.4 130.0
Property and equipment:    
Long-term finance receivables and contract receivables - net $ 417.6 $ 423.1