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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Net sales $ 1,185.5 $ 1,113.2
Operating earnings 293.5 266.2
Interest expense (11.6) (14.3)
Other income (expense) – net 8.3 4.3
Earnings before income taxes and equity earnings 290.2 256.2
Income tax expense (67.5) (59.1)
Earnings before equity earnings 222.7 197.1
Equity earnings, net of tax 0.0 0.5
Net earnings 222.7 197.6
Net earnings attributable to noncontrolling interests (5.3) (5.0)
Net earnings attributable to Snap-on Incorporated $ 217.4 $ 192.6
Net earnings per share attributable to Snap-on Incorporated:    
Basic (in dollars per share) $ 4.07 $ 3.55
Diluted (in dollars per share) $ 4.00 $ 3.50
Weighted-average shares outstanding:    
Basic (in shares) 53,396,714 54,184,438
Effect of dilutive securities (in shares) 915,300 933,451
Diluted (in shares) 54,312,014 55,117,889
Dividends declared per common share (in dollars per share) $ 1.42 $ 1.23
Total net sales    
Net sales $ 1,097.8 $ 1,024.6
Cost of goods sold (563.5) (511.0)
Gross profit 534.3 513.6
Operating expenses (311.2) (312.7)
Operating earnings 223.1 200.9
Financial services revenue    
Net sales 87.7 88.6
Cost of goods sold (17.3) (23.3)
Operating earnings $ 70.4 $ 65.3