CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jul. 04, 2026 |
Jun. 28, 2025 |
Jul. 04, 2026 |
Jun. 28, 2025 |
|
| Net sales | $ 1,334.8 | $ 1,281.1 | $ 2,643.1 | $ 2,524.3 |
| Operating earnings | 336.4 | 327.3 | 655.2 | 640.7 |
| Interest expense | (12.3) | (12.3) | (24.7) | (24.7) |
| Other income (expense) – net | 15.1 | 14.3 | 31.9 | 28.7 |
| Earnings before income taxes | 339.2 | 329.3 | 662.4 | 644.7 |
| Income tax expense | (73.0) | (72.5) | (142.7) | (141.2) |
| Net earnings | 266.2 | 256.8 | 519.7 | 503.5 |
| Net earnings attributable to noncontrolling interests | (5.6) | (6.5) | (12.1) | (12.7) |
| Net earnings attributable to Snap-on Incorporated | $ 260.6 | $ 250.3 | $ 507.6 | $ 490.8 |
| Net earnings per share attributable to Snap-on Incorporated: | ||||
| Basic (in dollars per share) | $ 5.04 | $ 4.80 | $ 9.80 | $ 9.38 |
| Diluted (in dollars per share) | $ 4.96 | $ 4.72 | $ 9.65 | $ 9.24 |
| Weighted-average shares outstanding: | ||||
| Basic (in shares) | 51,743,660 | 52,211,679 | 51,809,995 | 52,285,656 |
| Effect of dilutive securities (in shares) | 778,551 | 798,954 | 801,805 | 861,297 |
| Diluted (in shares) | 52,522,211 | 53,010,633 | 52,611,800 | 53,146,953 |
| Dividends declared per common share (in dollars per share) | $ 2.44 | $ 2.14 | $ 4.88 | $ 4.28 |
| Scenario, Rounding | ||||
| Weighted-average shares outstanding: | ||||
| Effect of dilutive securities (in shares) | 800,000 | 800,000 | 800,000 | 800,000 |
| Product and Services, excluding Financial Services | ||||
| Net sales | $ 1,235.1 | $ 1,179.4 | $ 2,442.3 | $ 2,320.5 |
| Cost of goods sold | (599.9) | (583.9) | (1,198.8) | (1,146.5) |
| Gross profit | 635.2 | 595.5 | 1,243.5 | 1,174.0 |
| Operating expenses | (366.3) | (336.4) | (723.8) | (671.8) |
| Operating earnings | 268.9 | 259.1 | 519.7 | 502.2 |
| Financial Service | ||||
| Net sales | 99.7 | 101.7 | 200.8 | 203.8 |
| Operating expenses | (32.2) | (33.5) | (65.3) | (65.3) |
| Operating earnings | $ 67.5 | $ 68.2 | $ 135.5 | $ 138.5 |
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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