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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Income Statement [Abstract]        
Net sales $ 903.8 $ 834.1 $ 2,712.3 $ 2,540.6
Cost of goods sold (455.2) (415.0) (1,352.7) (1,274.9)
Gross profit 448.6 419.1 1,359.6 1,265.7
Operating expenses (295.5) (261.5) (853.3) (786.3)
Operating earnings before financial services 153.1 157.6 506.3 479.4
Financial services revenue 79.0 71.6 233.5 207.2
Financial services expenses (23.0) (21.0) (70.4) (60.1)
Operating earnings from financial services 56.0 50.6 163.1 147.1
Operating earnings 209.1 208.2 669.4 626.5
Interest expense (13.1) (13.1) (38.8) (39.1)
Other income (expense) - net (2.1) (0.8) (5.7) (0.3)
Earnings before income taxes and equity earnings 193.9 194.3 624.9 587.1
Income tax expense (57.2) (59.6) (187.1) (179.4)
Earnings before equity earnings 136.7 134.7 437.8 407.7
Equity earnings, net of tax 0.4 0.5 1.2 2.2
Net earnings 137.1 135.2 439.0 409.9
Net earnings attributable to noncontrolling interests (3.7) (3.5) (10.8) (9.8)
Net earnings attributable to Snap-on Incorporated $ 133.4 $ 131.7 $ 428.2 $ 400.1
Net earnings per share attributable to Snap-on Incorporated:        
Basic $ 2.33 $ 2.27 $ 7.43 $ 6.89
Diluted $ 2.29 $ 2.22 $ 7.27 $ 6.74
Weighted-average shares outstanding:        
Basic 57.2 58.0 57.6 58.1
Effect of dilutive securities 1.1 1.3 1.3 1.3
Diluted 58.3 59.3 58.9 59.4
Dividends declared per common share $ 0.71 $ 0.61 $ 2.13 $ 1.83