v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 03, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 1,670.0 $ 1,624.5
Trade and other accounts receivable – net 922.1 881.4
Finance receivables and contract receivables - net 719.3 720.2
Inventories – net 1,079.6 1,025.2
Prepaid expenses and other current assets 170.3 151.5
Total current assets 4,561.3 4,402.8
Property and equipment:    
Property and equipment – gross 1,696.7 1,648.8
Accumulated depreciation (1,133.0) (1,096.5)
Property and equipment – net 563.7 552.3
Operating lease right-of-use assets 95.6 83.7
Deferred income tax assets 75.7 72.5
Long-term finance receivables and contract receivables - net 1,673.9 1,721.9
Goodwill 1,226.3 1,109.5
Other intangible assets – net 266.5 270.7
Pension assets 174.5 173.8
Other long-term assets 23.5 25.1
Total assets 8,661.0 8,412.3
Current liabilities:    
Notes payable and current maturities of long-term debt 317.9 16.2
Accounts payable 264.3 229.1
Accrued benefits 52.5 64.7
Accrued compensation 82.2 77.2
Franchisee deposits 69.7 66.2
Other accrued liabilities 500.1 465.1
Total current liabilities 1,286.7 918.5
Long-term debt 887.2 1,186.4
Deferred income tax liabilities 106.3 87.0
Retiree health care benefits 16.1 17.7
Pension liabilities 74.3 85.7
Operating lease liabilities 71.7 61.8
Other long-term liabilities 98.8 98.4
Total liabilities 2,541.1 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 67,466,150 and 67,461,309 shares, respectively) 67.5 67.5
Additional paid-in capital 603.5 578.5
Retained earnings 8,507.5 8,137.5
Accumulated other comprehensive loss (380.2) (354.8)
Treasury stock at cost (15,884,955 and 15,594,254 shares, respectively) (2,703.4) (2,496.9)
Total shareholders’ equity attributable to Snap-on Incorporated 6,094.9 5,931.8
Noncontrolling interests 25.0 25.0
Total equity 6,119.9 5,956.8
Total liabilities and equity 8,661.0 8,412.3
Land    
Property and equipment:    
Property and equipment – gross 36.1 35.8
Buildings and improvements    
Property and equipment:    
Property and equipment – gross 487.1 470.3
Machinery, equipment and computer software    
Property and equipment:    
Property and equipment – gross 1,173.5 1,142.7
Finance Receivables    
Current assets:    
Finance receivables and contract receivables - net 590.6 590.2
Property and equipment:    
Long-term finance receivables and contract receivables - net 1,267.3 1,298.8
Contract Receivables    
Current assets:    
Finance receivables and contract receivables - net 128.7 130.0
Property and equipment:    
Long-term finance receivables and contract receivables - net $ 406.6 $ 423.1