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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Net sales $ 1,284.7 $ 1,223.0 $ 2,560.3 $ 2,408.5
Operating earnings 343.9 311.9 670.0 605.4
Interest expense (12.6) (11.7) (25.0) (23.3)
Other income (expense) – net 16.8 9.3 32.0 17.6
Earnings before income taxes 348.1 309.5 677.0 599.7
Income tax expense (78.2) (72.3) (152.8) (139.8)
Net earnings 269.9 237.2 524.2 459.9
Net earnings attributable to noncontrolling interests (5.9) (5.7) (11.5) (11.0)
Net earnings attributable to Snap-on Incorporated $ 264.0 $ 231.5 $ 512.7 $ 448.9
Net earnings per share attributable to Snap-on Incorporated:        
Basic (in dollars per share) $ 4.98 $ 4.34 $ 9.67 $ 8.41
Diluted (in dollars per share) $ 4.89 $ 4.27 $ 9.49 $ 8.27
Weighted-average shares outstanding:        
Basic (in shares) 52,956,701 53,312,259 52,987,935 53,354,487
Effect of dilutive securities (in shares) 1,049,178 926,548 1,046,880 920,924
Diluted (in shares) 54,005,879 54,238,807 54,034,815 54,275,411
Dividends declared per common share (in dollars per share) $ 1.62 $ 1.42 $ 3.24 $ 2.84
Total net sales        
Net sales $ 1,191.3 $ 1,136.6 $ 2,374.3 $ 2,234.4
Cost of goods sold (587.6) (583.1) (1,181.0) (1,146.6)
Gross profit 603.7 553.5 1,193.3 1,087.8
Operating expenses (326.7) (306.9) (656.5) (618.1)
Operating earnings 277.0 246.6 536.8 469.7
Financial services revenue        
Net sales 93.4 86.4 186.0 174.1
Cost of goods sold (26.5) (21.1) (52.8) (38.4)
Operating earnings $ 66.9 $ 65.3 $ 133.2 $ 135.7