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Pension Plans | 9 Months Ended
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Sep. 28, 2013
Compensation And Retirement Disclosure [Abstract] |
Pension Plans | Note 10: Pension Plans Snap-on’s net periodic pension cost included the following components:
|  | Three Months Ended |  |  | Nine Months Ended |
(Amounts in millions) |  | September 28, 2013 |  |  | September 29, 2012 |  |  | September 28, 2013 |  |  | September 29, 2012 |
Service cost |  | $ | 5.2 |  |  | $ | 5.3 |  |  | $ | 15.4 |  |  | $ | 15.8 |
Interest cost |  |  | 12.9 |  |  |  | 12.9 |  |  |  | 38.7 |  |  |  | 38.7 |
Expected return on plan assets |  |  | (17.7 | ) |  |  | (16.6 | ) |  |  | (53.0 | ) |  |  | (49.6 | )
Amortization of unrecognized loss |  |  | 10.4 |  |  |  | 10.4 |  |  |  | 31.1 |  |  |  | 31.2 |
Amortization of prior service cost (credit) |  |  | (0.2 | ) |  |  | 0.3 |  |  |  | (0.6 | ) |  |  | 0.9 |
Settlement loss recognized |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 6.8 |
Net periodic pension cost |  | $ | 10.6 |  |  | $ | 12.3 |  |  | $ | 31.6 |  |  | $ | 43.8 |
Snap-on intends to make contributions of $10.2 million to its foreign pension plans and $1.3 million to its domestic pension plans in 2013, as required by law. In the first nine months of 2013, Snap-on made $16.0 million of cash contributions to its domestic pension plans that included (i) $15.0 million of discretionary contributions; and (ii) $1.0 million of required contributions. Depending on market and other conditions, Snap-on may elect to make additional discretionary cash contributions to its pension plans in 2013.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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