Commitments and Contingencies (Tables)

12 Months Ended

Jan. 03, 2015

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Payments Under Operating and Capital Lease

Snap-on’s future minimum lease commitments under these leases, net of sub-lease rental income, are as follows:


(Amounts in millions)	Operating Leases		Capital Leases
Year:
2015	$	22.3	$	6.3
2016		16.0		4.9
2017		12.0		3.7
2018		8.6		2.6
2019		6.5		2.1
2020 and thereafter		11.1		8.7

Total minimum lease payments	$	76.5	$	28.3

Less: amount representing interest				(2.5)

Total present value of minimum capital lease payments			$	25.8

Components of Capital Leases Future Minimum Payment Present Value

Amounts included in the accompanying Consolidated Balance Sheets for the present value of minimum capital lease payments as of 2014 year end are as follows:


(Amounts in millions)	2014
Other accrued liabilities	$	5.7
Other long-term liabilities		20.1

Total present value of minimum capital lease payments	$	25.8

Summary of Product Warranty Accrual Activity

Snap-on’s product warranty accrual activity for 2014, 2013 and 2012 is as follows:


(Amounts in millions)	2014		2013		2012
Warranty accrual:
Beginning of year	$	17.0	$	18.9	$	18.6
Additions		14.6		9.3		10.4
Usage		(14.3)		(11.2)		(10.1)

End of year	$	17.3	$	17.0	$	18.9