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Consolidated Statements of Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Jan. 01, 2011
Net sales $ 2,937.9 $ 2,854.2 $ 2,619.2
Cost of goods sold (1,547.9) (1,516.3) (1,408.1)
Gross profit 1,390.0 1,337.9 1,211.1
Operating expenses (980.3) (953.7) (894.1)
Operating earnings before financial services 409.7 384.2 317.0
Financial services revenue 161.3 124.3 62.3
Financial services expenses (54.6) (51.4) (47.9)
Operating earnings from financial services before arbitration settlement 106.7 72.9 14.4
Arbitration settlement   18.0  
Operating earnings from financial services 106.7 90.9 14.4
Operating earnings 516.4 475.1 331.4
Interest expense (55.8) (61.2) (54.8)
Other income (expense) - net (0.4) (1.0) 0.8
Earnings before income taxes and equity earnings 460.2 412.9 277.4
Income tax expense (148.2) (133.7) (87.6)
Earnings before equity earnings 312.0 279.2 189.8
Equity earnings, net of tax 2.6 4.6 3.2
Net earnings 314.6 283.8 193.0
Net earnings attributable to noncontrolling interests (8.5) (7.5) (6.5)
Net earnings attributable to Snap-on Incorporated $ 306.1 $ 276.3 $ 186.5
Net earnings per share attributable to Snap-on Incorporated:      
Basic $ 5.26 $ 4.75 $ 3.22
Diluted $ 5.20 $ 4.71 $ 3.19
Weighted-average shares outstanding:      
Basic 58.2 58.2 58.0
Effect of dilutive options 0.7 0.5 0.4
Diluted 58.9 58.7 58.4