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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Net sales $ 1,223.0 $ 1,168.3 $ 2,408.5 $ 2,281.5
Operating earnings 311.9 286.0 605.4 552.2
Interest expense (11.7) (14.3) (23.3) (28.6)
Other income (expense) – net 9.3 3.4 17.6 7.7
Earnings before income taxes and equity earnings 309.5 275.1 599.7 531.3
Income tax expense (72.3) (62.9) (139.8) (122.0)
Earnings before equity earnings 237.2 212.2 459.9 409.3
Equity earnings, net of tax 0.0 1.0 0.0 1.5
Net earnings 237.2 213.2 459.9 410.8
Net earnings attributable to noncontrolling interests (5.7) (5.2) (11.0) (10.2)
Net earnings attributable to Snap-on Incorporated $ 231.5 $ 208.0 $ 448.9 $ 400.6
Net earnings per share attributable to Snap-on Incorporated:        
Basic (in dollars per share) $ 4.34 $ 3.85 $ 8.41 $ 7.40
Diluted (in dollars per share) $ 4.27 $ 3.76 $ 8.27 $ 7.26
Weighted-average shares outstanding:        
Basic (in shares) 53.3 54.0 53.4 54.1
Effect of dilutive securities (in shares) 0.9 1.3 0.9 1.1
Diluted (in shares) 54.2 55.3 54.3 55.2
Dividends declared per common share (in dollars per share) $ 1.42 $ 1.23 $ 2.84 $ 2.46
Total net sales        
Net sales $ 1,136.6 $ 1,081.4 $ 2,234.4 $ 2,106.0
Cost of goods sold (583.1) (538.3) (1,146.6) (1,049.3)
Gross profit 553.5 543.1 1,087.8 1,056.7
Operating expenses (306.9) (326.0) (618.1) (638.7)
Operating earnings 246.6 217.1 469.7 418.0
Financial services revenue        
Net sales 86.4 86.9 174.1 175.5
Cost of goods sold (21.1) (18.0) (38.4) (41.3)
Operating earnings $ 65.3 $ 68.9 $ 135.7 $ 134.2