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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 29, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 122.2 $ 92.0
Trade and other accounts receivable – net 678.7 675.6
Finance receivables – net 519.0 505.4
Contract receivables – net 105.6 96.8
Inventories – net 690.6 638.8
Prepaid expenses and other assets 98.5 110.7
Total current assets 2,214.6 2,119.3
Property and equipment:    
Land 31.4 24.5
Buildings and improvements 366.7 357.4
Machinery, equipment and computer software 936.4 889.2
Total property and equipment 1,334.5 1,271.1
Accumulated depreciation and amortization (843.5) (786.7)
Property and equipment – net 491.0 484.4
Deferred income tax assets 52.0 52.0
Long-term finance receivables – net 1,058.3 1,039.2
Long-term contract receivables – net 338.1 322.6
Goodwill 913.9 924.1
Other intangibles – net 237.8 253.7
Other assets 49.1 53.8
Total assets 5,354.8 5,249.1
Current liabilities:    
Notes payable and current maturities of long-term debt 164.5 433.2
Accounts payable 197.6 178.2
Accrued benefits 49.8 55.8
Accrued compensation 72.7 71.5
Franchisee deposits 76.8 66.5
Other accrued liabilities 395.4 388.1
Total current liabilities 956.8 1,193.3
Long-term debt 944.8 753.6
Deferred income tax liabilities 27.3 28.4
Retiree health care benefits 33.7 36.0
Pension liabilities 92.8 158.9
Other long-term liabilities 115.3 106.6
Total liabilities 2,170.7 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 67,415,010 and 67,407,704 shares, respectively) 67.4 67.4
Additional paid-in capital 360.9 343.2
Retained earnings 4,135.8 3,772.3
Accumulated other comprehensive loss (369.7) (329.0)
Treasury stock at cost (11,240,029 and 10,717,455 shares, respectively) (1,030.0) (900.0)
Total shareholders’ equity attributable to Snap-on Incorporated 3,164.4 2,953.9
Noncontrolling interests 19.7 18.4
Total equity 3,184.1 2,972.3
Total liabilities and equity $ 5,354.8 $ 5,249.1