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Pension Plans | 9 Months Ended
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Oct. 02, 2021
Retirement Benefits [Abstract] |
Pension Plans | Pension Plans Snap-on’s net periodic pension cost included the following components:
| Three Months Ended |  | Nine Months Ended
(Amounts in millions) | October 2, 2021 |  | September 26, 2020 |  | October 2, 2021 |  | September 26, 2020
Service cost | $ | 7.3 |  |  | $ | 6.7 |  |  | $ | 21.7 |  |  | $ | 20.2 |
Interest cost | 10.6 |  |  | 12.2 |  |  | 31.7 |  |  | 36.6 |
Expected return on plan assets | (23.6) |  |  | (23.7) |  |  | (70.7) |  |  | (71.1) |
Amortization of unrecognized loss | 9.0 |  |  | 8.7 |  |  | 27.2 |  |  | 25.9 |
Net periodic pension cost | $ | 3.3 |  |  | $ | 3.9 |  |  | $ | 9.9 |  |  | $ | 11.6 |
The components of net periodic pension cost, other than the service cost component, are included in “Other income (expense) - net” on the accompanying Condensed Consolidated Statements of Earnings. See Note 17 for additional information on other income (expense) - net. Snap-on intends to make contributions of $9.2 million to its foreign pension plans and $2.2 million to its domestic pension plans in 2021, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2021.

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