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Pension Plans
3 Months Ended
Apr. 02, 2022
Retirement Benefits [Abstract]  
Pension Plans Pension Plans
Snap-on’s net periodic pension (benefit) cost included the following components: 
Three Months Ended
(Amounts in millions)April 2, 2022April 3, 2021
Service cost$7.1 $7.5 
Interest cost11.1 10.6 
Expected return on plan assets(24.5)(23.6)
Amortization of unrecognized loss4.5 9.1 
Net periodic pension (benefit) cost$(1.8)$3.6 
The components of net periodic pension (benefit) 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 $9.4 million to its foreign pension plans and $9.5 million to its domestic pension plans in 2022, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2022.