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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 112.3 $ 92.0
Trade and other accounts receivable – net 667.1 675.6
Finance receivables – net 514.4 505.4
Contract receivables – net 87.6 96.8
Inventories – net 668.3 638.8
Prepaid expenses and other assets 105.7 110.7
Total current assets 2,155.4 2,119.3
Property and equipment:    
Land 24.1 24.5
Buildings and improvements 364.5 357.4
Machinery, equipment and computer software 924.5 889.2
Total property and equipment 1,313.1 1,271.1
Accumulated depreciation and amortization (833.7) (786.7)
Property and equipment – net 479.4 484.4
Deferred income tax assets 51.7 52.0
Long-term finance receivables – net 1,051.3 1,039.2
Long-term contract receivables – net 332.6 322.6
Goodwill 911.0 924.1
Other intangibles – net 240.9 253.7
Other assets 49.7 53.8
Total assets 5,272.0 5,249.1
Current liabilities:    
Notes payable and current maturities of long-term debt 127.6 433.2
Accounts payable 198.5 178.2
Accrued benefits 44.6 55.8
Accrued compensation 68.1 71.5
Franchisee deposits 68.7 66.5
Other accrued liabilities 419.5 388.1
Total current liabilities 927.0 1,193.3
Long-term debt 945.4 753.6
Deferred income tax liabilities 27.2 28.4
Retiree health care benefits 34.5 36.0
Pension liabilities 117.8 158.9
Other long-term liabilities 108.5 106.6
Total liabilities 2,160.4 2,276.8
Commitments and contingencies (Note 14)
Shareholders’ equity attributable to Snap-on Incorporated:    
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding) 0.0 0.0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,414,937 and 67,407,704 shares, respectively) 67.4 67.4
Additional paid-in capital 352.6 343.2
Retained earnings 4,018.9 3,772.3
Accumulated other comprehensive loss (377.3) (329.0)
Treasury stock at cost (11,014,379 and 10,717,455 shares, respectively) (968.4) (900.0)
Total shareholders’ equity attributable to Snap-on Incorporated 3,093.2 2,953.9
Noncontrolling interests 18.4 18.4
Total equity 3,111.6 2,972.3
Total liabilities and equity $ 5,272.0 $ 5,249.1