Postretirement Health Care Plans

6 Months Ended

Jul. 04, 2026

Snap-on’s postretirement health care net periodic benefit cost (credit) included the following components:


	Three Months Ended				Six Months Ended
(Amounts in millions)	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Interest cost	$	0.4	$	0.5	$	0.8	$	0.9
Expected return on plan assets	(0.2)		(0.2)		(0.4)		(0.3)
Amortization of unrecognized gain	(0.3)		(0.3)		(0.5)		(0.6)
Net periodic benefit cost (credit)	$	(0.1)	$	—	$	(0.1)	$	—

The components of postretirement health care net periodic benefit cost (credit) are included in “Other income (expense) – net” on the accompanying Condensed Consolidated Statements of Earnings. See Note 16 for additional information on Other income (expense) – net.