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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 94.1 $ 77.6
Trade and other accounts receivable - net 675.2 598.8
Finance receivables - net 505.8 472.5
Contract receivables - net 99.8 88.1
Inventories - net 649.9 530.5
Prepaid expenses and other assets 121.1 116.5
Total current assets 2,145.9 1,884.0
Property and equipment:    
Land 24.4 19.1
Buildings and improvements 350.3 309.4
Machinery, equipment and computer software 872.8 809.6
Total property and equipment 1,247.5 1,138.1
Accumulated depreciation and amortization (773.3) (712.9)
Property and equipment - net 474.2 425.2
Deferred income tax assets 81.2 72.8
Long-term finance receivables - net 1,018.6 934.5
Long-term contract receivables - net 310.4 286.7
Goodwill 924.0 895.5
Other intangibles - net 258.3 184.6
Other assets 43.6 39.9
Total assets 5,256.2 4,723.2
LIABILITIES AND EQUITY    
Notes payable and current maturities of long-term debt 453.4 301.4
Accounts payable 204.7 170.9
Accrued benefits 47.8 52.8
Accrued compensation 74.8 89.8
Franchisee deposits 76.1 66.7
Other accrued liabilities 366.0 307.9
Total current liabilities 1,222.8 989.5
Long-term debt 755.0 708.8
Deferred income tax liabilities 28.5 13.1
Retiree health care benefits 34.3 36.7
Pension liabilities 181.8 246.5
Other long-term liabilities 93.8 93.4
Total liabilities 2,316.2 2,088.0
Commitments and contingencies (Note 14)
Equity    
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,407,599 and 67,400,250 shares, respectively) 67.4 67.4
Additional paid-in capital 344.4 317.3
Retained earnings 3,689.5 3,384.9
Accumulated other comprehensive loss (341.8) (498.5)
Treasury stock at cost (10,400,929 and 9,450,393 shares, respectively) (837.7) (653.9)
Total shareholders' equity attributable to Snap-on Incorporated 2,921.8 2,617.2
Noncontrolling interests 18.2 18.0
Total equity 2,940.0 2,635.2
Total liabilities and equity $ 5,256.2 $ 4,723.2