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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Jul. 04, 2015
Jun. 28, 2014
Income Statement [Abstract]        
Net sales $ 851.8 $ 826.5 $ 1,679.6 $ 1,614.0
Cost of goods sold (432.8) (426.1) (850.5) (834.9)
Gross profit 419.0 400.4 829.1 779.1
Operating expenses (268.2) (262.3) (540.4) (519.3)
Operating earnings before financial services 150.8 138.1 288.7 259.8
Financial services revenue 58.7 51.7 116.1 101.9
Financial services expenses (17.3) (16.9) (34.4) (32.7)
Operating earnings from financial services 41.4 34.8 81.7 69.2
Operating earnings 192.2 172.9 370.4 329.0
Interest expense (12.9) (12.7) (25.9) (26.4)
Other income (expense) - net (0.7) 0.3 (1.4) 0.2
Earnings before income taxes and equity earnings 178.6 160.5 343.1 302.8
Income tax expense (56.2) (51.9) (108.0) (96.2)
Earnings before equity earnings 122.4 108.6 235.1 206.6
Equity earnings, net of tax 0.6 0.2 1.1 0.4
Net earnings 123.0 108.8 236.2 207.0
Net earnings attributable to noncontrolling interests (3.0) (2.7) (5.7) (5.0)
Net earnings attributable to Snap-on Incorporated $ 120.0 $ 106.1 $ 230.5 $ 202.0
Net earnings per share attributable to Snap-on Incorporated:        
Basic $ 2.07 $ 1.83 $ 3.97 $ 3.48
Diluted $ 2.03 $ 1.80 $ 3.90 $ 3.42
Weighted-average shares outstanding:        
Basic 58,114,681 58,127,969 58,123,538 58,167,091
Effect of dilutive securities 991,763 870,507 982,338 870,775
Diluted 59,106,444 58,998,476 59,105,876 59,037,866
Dividends declared per common share $ 0.53 $ 0.44 $ 1.06 $ 0.88