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Property and Equipment (Tables)
 12 Months Ended
Dec. 28, 2013
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment

Snap-on’s property and equipment values (which are carried at cost) as of 2013 and 2012 year end are as follows:

 

(Amounts in millions)    2013      2012  

Land

        $       19.6               $       19.4       

Buildings and improvements

      292.0             286.2       

Machinery, equipment and computer software

      725.4             684.6       
  

 

 

     

 

 

  

Property and equipment – gross

      1,037.0             990.2       

Accumulated depreciation and amortization

        (644.5)              (615.0)      
  

 

 

     

 

 

  

Property and equipment – net

        $ 392.5               $ 375.2       
  

 

 

     

 

 

  

Summary of Estimated Service Lives of Property and Equipment

The estimated service lives of property and equipment are principally as follows:

 

Buildings and improvements

        3 to 50 years   

Machinery, equipment and computer software

        2 to 15 years   

Summary of Cost and Accumulated Depreciation of Property and Equipment Under Capital Leases

The cost and accumulated depreciation of property and equipment under capital leases as of 2013 and 2012 year end are as follows:

 

(Amounts in millions)    2013      2012  

Buildings and improvements

        $       23.5               $       27.4       

Machinery, equipment and computer software

      –                 1.6       

Accumulated depreciation

      (10.1)            (11.3)      
  

 

 

     

 

 

  

Net book value

        $ 13.4               $ 17.7