XML 62 R52.htm IDEA: XBRL DOCUMENT
v3.22.2

Receivables - Components of Current Finance and Contract Receivables (Details) - USD ($) $ in Millions | Jul. 02, 2022 | Jan. 01, 2022
--- | --- | ---
Financing Receivable, Allowance for Credit Loss [Line Items] |  |
Finance and contract receivables, current | $ 666.9 | $ 676.6
Allowance for credit losses, current | (21.6) | (23.9)
Total current finance and contract receivables – net | 645.3 | 652.7
Finance Receivables |  |
Financing Receivable, Allowance for Credit Loss [Line Items] |  |
Finance and contract receivables, current | 566.8 | 564.1
Allowance for credit losses, current | (19.8) | (21.8)
Total current finance and contract receivables – net | 547.0 | 542.3
Finance Receivables | Finance installment receivables |  |
Financing Receivable, Allowance for Credit Loss [Line Items] |  |
Finance and contract receivables, current | 562.6 | 557.0
Allowance for credit losses, current | (19.8) | (21.7)
Finance Receivables | Finance lease receivables |  |
Financing Receivable, Allowance for Credit Loss [Line Items] |  |
Unearned finance charges, current | 0.7 | 1.3
Finance and contract receivables, current | 4.2 | 7.1
Allowance for credit losses, current | 0.0 | (0.1)
Contract Receivables |  |
Financing Receivable, Allowance for Credit Loss [Line Items] |  |
Finance and contract receivables, current | 100.1 | 112.5
Allowance for credit losses, current | (1.8) | (2.1)
Total current finance and contract receivables – net | 98.3 | 110.4
Contract Receivables | Finance installment receivables |  |
Financing Receivable, Allowance for Credit Loss [Line Items] |  |
Finance and contract receivables, current | 42.8 | 55.2
Allowance for credit losses, current | (0.7) | (0.9)
Contract Receivables | Finance lease receivables |  |
Financing Receivable, Allowance for Credit Loss [Line Items] |  |
Unearned finance charges, current | 18.4 | 18.7
Finance and contract receivables, current | 57.3 | 57.3
Allowance for credit losses, current | $ (1.1) | $ (1.2)

X
- Definition Financing Receivable, Unamortized Loan Fee (Cost), Current + References No definition available. + Details
Name: | sna_FinancingReceivableUnamortizedLoanFeeCostCurrent
Namespace Prefix: | sna_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of allowance for credit loss on financing receivable, classified as current. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5074-111524 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 + Details
Name: | us-gaap_AllowanceForNotesAndLoansReceivableCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amortized cost, before allowance for credit loss, of financing receivable classified as current. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124098289&loc=d3e6676-107765 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=124259787&loc=d3e4531-111522 + Details
Name: | us-gaap_NotesAndLoansReceivableGrossCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost, after allowance for credit loss, of financing receivable classified as current. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124259787&loc=d3e4428-111522 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=124259787&loc=d3e4531-111522 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
Name: | us-gaap_NotesAndLoansReceivableNetCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_FinanceReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_FinanceLeasesPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |