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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Jan. 02, 2021
Net sales $ 4,842.5 $ 4,601.7 $ 3,942.2
Operating earnings 1,207.2 1,123.5 880.5
Interest expense (47.1) (53.1) (54.0)
Other income (expense) – net 42.5 16.5 8.7
Earnings before income taxes and equity earnings 1,202.6 1,086.9 835.2
Income tax expense (268.7) (247.0) (189.1)
Earnings before equity earnings 933.9 839.9 646.1
Equity earnings, net of tax 0.0 1.5 0.3
Net earnings 933.9 841.4 646.4
Net earnings attributable to noncontrolling interests (22.2) (20.9) (19.4)
Net earnings attributable to Snap-on Incorporated $ 911.7 $ 820.5 $ 627.0
Net earnings per share attributable to Snap-on Incorporated:      
Basic (in dollars per share) $ 17.14 $ 15.22 $ 11.55
Diluted (in dollars per share) $ 16.82 $ 14.92 $ 11.44
Weighted-average shares outstanding:      
Basic (in shares) 53.2 53.9 54.3
Effect of dilutive securities (in shares) 1.0 1.1 0.5
Diluted (in shares) 54.2 55.0 54.8
Product And Services, Excluding Financial Services      
Net sales $ 4,492.8 $ 4,252.0 $ 3,592.5
Cost of goods sold (2,311.7) (2,141.2) (1,844.0)
Gross profit 2,181.1 2,110.8 1,748.5
Operating expenses (1,239.9) (1,259.3) (1,116.6)
Operating earnings 941.2 851.5 631.9
Financial Service      
Net sales 349.7 349.7 349.7
Cost of goods sold (83.7) (77.7) (101.1)
Operating earnings $ 266.0 $ 272.0 $ 248.6