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Receivables - (Tables)
 9 Months Ended
Sep. 28, 2019
Receivables [Abstract]  
Components of Trade and Other Accounts Receivable
The components of Snap-on’s trade and other accounts receivable as of September 28, 2019, and December 29, 2018, are as follows:
(Amounts in millions)September 28, 2019December 29, 2018
Trade and other accounts receivable$705.0  $710.1  
Allowances for doubtful accounts(20.2) (17.5) 
Total trade and other accounts receivable – net$684.8  $692.6  
Components of Current Finance and Contract Receivables
The components of Snap-on’s current finance and contract receivables as of September 28, 2019, and December 29, 2018, are as follows:
(Amounts in millions)September 28, 2019December 29, 2018
Finance receivables
$553.3  $538.1  
Contract receivables
104.3  99.5  
Total657.6  637.6  
Allowances for doubtful accounts:
Finance receivables(19.8) (19.6) 
Contract receivables(1.6) (1.2) 
Total(21.4) (20.8) 
Total current finance and contract receivables – net$636.2  $616.8  
Finance receivables – net$533.5  $518.5  
Contract receivables – net102.7  98.3  
Total current finance and contract receivables – net$636.2  $616.8  
Components of Finance and Contract Receivables Beyond One Year
The components of Snap-on’s finance and contract receivables with payment terms beyond one year as of September 28, 2019, and December 29, 2018, are as follows: 
(Amounts in millions)September 28, 2019December 29, 2018
Finance receivables
$1,126.0  $1,116.2  
Contract receivables
353.0  348.0  
Total1,479.0  1,464.2  
Allowances for doubtful accounts:
Finance receivables(41.3) (41.8) 
Contract receivables(4.4) (3.1) 
Total(45.7) (44.9) 
Total long-term finance and contract receivables – net$1,433.3  $1,419.3  
Finance receivables – net$1,084.7  $1,074.4  
Contract receivables – net348.6  344.9  
Total long-term finance and contract receivables – net$1,433.3  $1,419.3  
Aging of Finance and Contract Receivables
The aging of finance and contract receivables as of September 28, 2019, and December 29, 2018, is as follows:
(Amounts in millions)30-59
Days Past
Due		60-90
Days Past
Due		Greater
Than 90
Days Past
Due		Total Past
Due		Total Not
Past Due		TotalGreater
Than 90
Days Past
Due and
Accruing
September 28, 2019:
Finance receivables$18.0  $11.2  $19.9  $49.1  $1,630.2  $1,679.3  $15.7  
Contract receivables1.5  1.0  1.6  4.1  453.2  457.3  0.2  
December 29, 2018:
Finance receivables$19.4  $12.1  $20.3  $51.8  $1,602.5  $1,654.3  $15.9  
Contract receivables1.7  1.2  5.2  8.1  439.4  447.5  0.2  
Schedule of Performing and Nonperforming Finance and Contract Receivables
The amount of performing and nonperforming finance and contract receivables based on payment activity as of September 28, 2019, and December 29, 2018, is as follows: 
September 28, 2019December 29, 2018
(Amounts in millions)Finance
Receivables		Contract
Receivables		Finance
Receivables		Contract
Receivables
Performing$1,651.1  $454.4  $1,626.4  $441.5  
Nonperforming28.2  2.9  27.9  6.0  
Total$1,679.3  $457.3  $1,654.3  $447.5  
Schedule of Finance and Contract Receivables on Nonaccrual Status
The amount of finance and contract receivables on nonaccrual status as of September 28, 2019, and December 29, 2018, is as follows: 
(Amounts in millions)September 28, 2019December 29, 2018
Finance receivables$12.5  $12.0  
Contract receivables2.7  5.8  
Rollforward of Allowances for Doubtful Accounts for Finance and Contract Receivables
The following is a rollforward of the allowances for doubtful accounts for finance and contract receivables for the three and nine months ended September 28, 2019, and September 29, 2018:
 
Three Months Ended
September 28, 2019		Nine Months Ended
September 28, 2019
(Amounts in millions)Finance
Receivables		Contract
Receivables		Finance
Receivables		Contract
Receivables
Allowances for doubtful accounts:
Beginning of period$60.9  $5.0  $61.4  $4.3  
Provision11.4  1.9  35.8  4.0  
Charge-offs(13.0) (1.0) (41.9) (2.7) 
Recoveries1.9  —  5.9  0.3  
Currency translation(0.1) 0.1  (0.1) 0.1  
End of period$61.1  $6.0  $61.1  $6.0  
Three Months Ended
September 29, 2018		Nine Months Ended
September 29, 2018
(Amounts in millions)Finance
Receivables		Contract
Receivables		Finance
Receivables		Contract
Receivables
Allowances for doubtful accounts:
Beginning of period$59.0  $4.8  $56.5  $4.6  
Provision12.1  0.4  41.5  1.5  
Charge-offs(13.3) (0.7) (43.7) (1.8) 
Recoveries1.7  0.1  5.3  0.3  
Currency translation0.1  —  —  —  
End of period$59.6  $4.6  $59.6  $4.6