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Postretirement Health Care Plans | 6 Months Ended
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Jul. 01, 2017
Postemployment Benefits [Abstract] |
Postretirement Health Care Plans | Note 11: Postretirement Health Care Plans Snap-on’s net periodic postretirement health care cost included the following components:
|  | Three Months Ended |  |  | Six Months Ended |
(Amounts in millions) |  | July 1, 2017 |  |  | July 2, 2016 |  |  | July 1, 2017 |  |  | July 2, 2016 |
Interest cost |  | $ | 0.5 |  |  | $ | 0.5 |  |  | $ | 1.0 |  |  | $ | 1.1 |
Expected return on plan assets |  |  | (0.2) |  |  |  | (0.2) |  |  |  | (0.4) |  |  |  | (0.4) |
Amortization of unrecognized loss (gain) |  |  | – |  |  |  | 0.1 |  |  |  | (0.1) |  |  |  | – |
Net periodic postretirement health care cost |  | $ | 0.3 |  |  | $ | 0.4 |  |  | $ | 0.5 |  |  | $ | 0.7 |

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- Definition The entire disclosure for postemployment benefits, which may include supplemental unemployment benefits, obligations recognized for all types of benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement. Disclosure may also include discussion that an obligation for postemployment benefits is not accrued in accordance with regulation only because the amount cannot be reasonably estimated. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 712 -URI http://asc.fasb.org/topic&trid=2197446 + Details
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