v3.26.3
Pension Plans
 9 Months Ended
Oct. 03, 2026
Retirement Benefits [Abstract]  
Pension Plans Pension Plans
Snap-on’s pension net periodic benefit cost included the following components:
Three Months EndedNine Months Ended
(Amounts in millions)October 3,
2026		September 27,
2025		October 3,
2026		September 27,
2025
Service cost$4.9 $4.9 $14.9 $14.7 
Interest cost16.6 16.6 49.8 49.7 
Expected return on plan assets(23.7)(22.9)(71.2)(68.7)
Amortization of unrecognized loss4.5 5.5 13.7 16.7 
Amortization of prior service cost0.1 0.1 0.1 0.1 
Net periodic benefit cost$2.4 $4.2 $7.3 $12.5 
The components of pension net periodic benefit cost, other than the service cost component, are included in “Other income (expense) – net” on the accompanying Condensed Consolidated Statements of Earnings. See Note 16, Other Income (Expense) – Net, for additional information.
Snap-on intends to make contributions of $4.5 million to its foreign pension plans and $3.7 million to its domestic pension plans in 2026, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2026.