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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Net sales $ 5,108.3 $ 4,842.5 $ 4,601.7
Operating earnings 1,310.4 1,207.2 1,123.5
Interest expense (49.9) (47.1) (53.1)
Other income (expense) – net 67.5 42.5 16.5
Earnings before income taxes and equity earnings 1,328.0 1,202.6 1,086.9
Income tax expense (293.4) (268.7) (247.0)
Earnings before equity earnings 1,034.6 933.9 839.9
Equity earnings, net of tax 0.0 0.0 1.5
Net earnings 1,034.6 933.9 841.4
Net earnings attributable to noncontrolling interests (23.5) (22.2) (20.9)
Net earnings attributable to Snap-on Incorporated $ 1,011.1 $ 911.7 $ 820.5
Net earnings per share attributable to Snap-on Incorporated:      
Basic (in dollars per share) $ 19.11 $ 17.14 $ 15.22
Diluted (in dollars per share) $ 18.76 $ 16.82 $ 14.92
Weighted-average shares outstanding:      
Basic (in shares) 52.9 53.2 53.9
Effect of dilutive securities (in shares) 1.0 1.0 1.1
Diluted (in shares) 53.9 54.2 55.0
Product And Services, Excluding Financial Services      
Net sales $ 4,730.2 $ 4,492.8 $ 4,252.0
Cost of goods sold (2,381.1) (2,311.7) (2,141.2)
Gross profit 2,349.1 2,181.1 2,110.8
Operating expenses (1,309.2) (1,239.9) (1,259.3)
Operating earnings 1,039.9 941.2 851.5
Financial Service      
Net sales 378.1 349.7 349.7
Cost of goods sold (107.6) (83.7) (77.7)
Operating earnings $ 270.5 $ 266.0 $ 272.0