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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Income Statement [Abstract]    
Net sales $ 834.2 $ 827.8
Cost of goods sold (418.9) (417.7)
Gross profit 415.3 410.1
Operating expenses (259.9) (272.2)
Operating earnings before financial services 155.4 137.9
Financial services revenue 66.3 57.4
Financial services expenses (19.3) (17.1)
Operating earnings from financial services 47.0 40.3
Operating earnings 202.4 178.2
Interest expense (13.1) (13.0)
Other income (expense) - net (0.7) (0.7)
Earnings before income taxes and equity earnings 188.6 164.5
Income tax expense (57.6) (51.8)
Earnings before equity earnings 131.0 112.7
Equity earnings, net of tax 0.3 0.5
Net earnings 131.3 113.2
Net earnings attributable to noncontrolling interests (3.0) (2.7)
Net earnings attributable to Snap-on Incorporated $ 128.3 $ 110.5
Net earnings per share attributable to Snap-on Incorporated:    
Basic $ 2.21 $ 1.90
Diluted $ 2.16 $ 1.87
Weighted-average shares outstanding:    
Basic 58,112,510 58,132,396
Effect of dilutive securities 1,339,764 972,913
Diluted 59,452,274 59,105,309
Dividends declared per common share $ 0.61 $ 0.53