Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 03, 2021	Jan. 02, 2021
Current assets:
Cash and cash equivalents	$ 965.9	$ 923.4
Trade and other accounts receivable – net	645.4	640.7
Finance receivables and contract receivables - net	639.2	642.7
Inventories – net	760.9	746.5
Prepaid expenses and other assets	138.3	129.7
Total current assets	3,149.7	3,083.0
Property and equipment:
Property and equipment and finance lease right-of-use asset, gross	1,522.4	1,499.4
Accumulated depreciation and amortization	(996.3)	(973.2)
Property and equipment and finance lease right-of-use asset, net	526.1	526.2
Operating lease right-of-use assets	52.4	51.9
Deferred income tax assets	52.1	50.3
Long-term finance receivables and contract receivables - net	1,504.3	1,511.0
Goodwill	1,177.6	982.4
Other intangibles – net	255.2	260.8
Other assets	74.2	91.7
Total assets	6,791.6	6,557.3
Current liabilities:
Notes payable and current maturities of long-term debt	268.1	268.5
Accounts payable	280.2	222.9
Accrued benefits	54.2	59.7
Accrued compensation	91.7	89.9
Franchisee deposits	78.3	78.4
Other accrued liabilities	449.6	445.5
Total current liabilities	1,222.1	1,164.9
Long-term debt	1,182.5	1,182.1
Deferred income tax liabilities	81.8	70.4
Retiree health care benefits	33.0	34.5
Pension liabilities	111.6	127.1
Operating lease liabilities	34.2	34.0
Other long-term liabilities	100.9	97.7
Total liabilities	2,766.1	2,710.7
Commitments and contingencies
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 67,438,011 and 67,430,958 shares, respectively)	67.4	67.4
Additional paid-in capital	461.1	391.7
Retained earnings	5,423.5	5,156.9
Accumulated other comprehensive loss	(362.7)	(365.8)
Treasury stock at cost (13,467,498 and 13,328,859 shares, respectively)	(1,585.9)	(1,425.3)
Total shareholders’ equity attributable to Snap-on Incorporated	4,003.4	3,824.9
Noncontrolling interests	22.1	21.7
Total equity	4,025.5	3,846.6
Total liabilities and equity	6,791.6	6,557.3
Land
Property and equipment:
Property and equipment and finance lease right-of-use asset, gross	34.6	34.0
Buildings and improvements
Property and equipment:
Property and equipment and finance lease right-of-use asset, gross	432.8	432.0
Machinery, equipment and computer software
Property and equipment:
Property and equipment and finance lease right-of-use asset, gross	1,055.0	1,033.4
Finance Receivables
Current assets:
Finance receivables and contract receivables - net	535.3	530.2
Property and equipment:
Long-term finance receivables and contract receivables - net	1,124.4	1,136.3
Contract Receivables
Current assets:
Finance receivables and contract receivables - net	103.9	112.5
Property and equipment:
Long-term finance receivables and contract receivables - net	$ 379.9	$ 374.7

Notes Payable And Current Maturities Of Long Term Debt

No definition available.

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Namespace Prefix:	sna_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).