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Quarterly Data (unaudited) (Tables) | 12 Months Ended
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Jan. 02, 2021
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information |
(Amounts in millions, except per share data) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
2020 |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 852.2 |  |  | $ | 724.3 |  |  | $ | 941.6 |  |  | $ | 1,074.4 |  |  | $ | 3,592.5 |
Gross profit |  | 421.6 |  |  | 341.2 |  |  | 469.5 |  |  | 516.2 |  |  | 1,748.5 |
Financial services revenue |  | 85.9 |  |  | 84.6 |  |  | 85.8 |  |  | 93.4 |  |  | 349.7 |
Financial services expenses |  | (29.0) |  |  | (27.0) |  |  | (20.2) |  |  | (24.9) |  |  | (101.1) |
Net earnings |  | 142.0 |  |  | 105.9 |  |  | 184.7 |  |  | 213.8 |  |  | 646.4 |
Net earnings attributable to Snap-on Incorporated |  | 137.2 |  |  | 101.2 |  |  | 179.7 |  |  | 208.9 |  |  | 627.0 |
Earnings per share – basic |  | 2.52 |  |  | 1.86 |  |  | 3.31 |  |  | 3.85 |  |  | 11.55 |
Earnings per share – diluted |  | 2.49 |  |  | 1.85 |  |  | 3.28 |  |  | 3.82 |  |  | 11.44 |
Cash dividends paid per share |  | 1.08 |  |  | 1.08 |  |  | 1.08 |  |  | 1.23 |  |  | 4.47 |
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
2019 |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 921.7 |  |  | $ | 951.3 |  |  | $ | 901.8 |  |  | $ | 955.2 |  |  | $ | 3,730.0 |
Gross profit |  | 471.6 |  |  | 473.8 |  |  | 448.1 |  |  | 450.5 |  |  | 1,844.0 |
Financial services revenue |  | 85.6 |  |  | 84.1 |  |  | 84.1 |  |  | 83.9 |  |  | 337.7 |
Financial services expenses |  | (23.5) |  |  | (23.5) |  |  | (23.1) |  |  | (21.7) |  |  | (91.8) |
Net earnings |  | 182.1 |  |  | 184.9 |  |  | 169.2 |  |  | 175.0 |  |  | 711.2 |
Net earnings attributable to Snap-on Incorporated |  | 177.9 |  |  | 180.4 |  |  | 164.6 |  |  | 170.6 |  |  | 693.5 |
Earnings per share – basic |  | 3.21 |  |  | 3.27 |  |  | 2.99 |  |  | 3.12 |  |  | 12.59 |
Earnings per share – diluted |  | 3.16 |  |  | 3.22 |  |  | 2.96 |  |  | 3.08 |  |  | 12.41 |
Cash dividends paid per share |  | 0.95 |  |  | 0.95 |  |  | 0.95 |  |  | 1.08 |  |  | 3.93 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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