v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 1,644.7 $ 1,624.5
Trade and other accounts receivable – net 942.2 881.4
Finance receivables and contract receivables - net 718.7 720.2
Inventories – net 1,045.3 1,025.2
Prepaid expenses and other current assets 172.8 151.5
Total current assets 4,523.7 4,402.8
Property and equipment:    
Property and equipment – gross 1,682.4 1,648.8
Accumulated depreciation (1,122.0) (1,096.5)
Property and equipment – net 560.4 552.3
Operating lease right-of-use assets 98.7 83.7
Deferred income tax assets 74.8 72.5
Long-term finance receivables and contract receivables - net 1,684.6 1,721.9
Goodwill 1,231.5 1,109.5
Other intangible assets – net 267.8 270.7
Pension assets 173.6 173.8
Other long-term assets 25.8 25.1
Total assets 8,640.9 8,412.3
Current liabilities:    
Notes payable and current maturities of long-term debt 317.0 16.2
Accounts payable 267.4 229.1
Accrued benefits 53.2 64.7
Accrued compensation 78.0 77.2
Franchisee deposits 66.8 66.2
Other accrued liabilities 535.5 465.1
Total current liabilities 1,317.9 918.5
Long-term debt 887.0 1,186.4
Deferred income tax liabilities 98.1 87.0
Retiree health care benefits 16.6 17.7
Pension liabilities 77.8 85.7
Operating lease liabilities 75.3 61.8
Other long-term liabilities 101.9 98.4
Total liabilities 2,574.6 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 67,466,117 and 67,461,309 shares, respectively) 67.5 67.5
Additional paid-in capital 595.1 578.5
Retained earnings 8,391.1 8,137.5
Accumulated other comprehensive loss (382.6) (354.8)
Treasury stock at cost (15,745,419 and 15,594,254 shares, respectively) (2,629.8) (2,496.9)
Total shareholders’ equity attributable to Snap-on Incorporated 6,041.3 5,931.8
Noncontrolling interests 25.0 25.0
Total equity 6,066.3 5,956.8
Total liabilities and equity 8,640.9 8,412.3
Land    
Property and equipment:    
Property and equipment – gross 35.7 35.8
Buildings and improvements    
Property and equipment:    
Property and equipment – gross 481.5 470.3
Machinery, equipment and computer software    
Property and equipment:    
Property and equipment – gross 1,165.2 1,142.7
Finance Receivables    
Current assets:    
Finance receivables and contract receivables - net 597.6 590.2
Property and equipment:    
Long-term finance receivables and contract receivables - net 1,274.0 1,298.8
Contract Receivables    
Current assets:    
Finance receivables and contract receivables - net 121.1 130.0
Property and equipment:    
Long-term finance receivables and contract receivables - net $ 410.6 $ 423.1