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Pension Plans
 3 Months Ended
Apr. 01, 2023
Retirement Benefits [Abstract]  
Pension Plans Pension Plans
Snap-on’s net periodic pension benefit included the following components: 
Three Months Ended
(Amounts in millions)April 1, 2023April 2, 2022
Service cost$4.9 $7.1 
Interest cost16.3 11.1 
Expected return on plan assets(26.2)(24.5)
Amortization of unrecognized loss0.3 4.5 
Net periodic pension benefit$(4.7)$(1.8)
The components of net periodic pension benefit, other than the service cost component, are included in “Other income (expense) – net” on the accompanying Condensed Consolidated Statements of Earnings. See Note 16 for additional information on other income (expense) – net.
Snap-on intends to make contributions of $6.9 million to its foreign pension plans and $2.4 million to its domestic pension plans in 2023, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2023.