CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 29, 2024	Dec. 30, 2023
Current assets:
Cash and cash equivalents	$ 1,232.7	$ 1,001.5
Trade and other accounts receivable – net	783.5	791.3
Finance receivables and contract receivables - net	729.9	714.9
Inventories – net	965.0	1,005.9
Prepaid expenses and other current assets	147.0	138.4
Total current assets	3,858.1	3,652.0
Property and equipment:
Property and equipment – gross	1,584.0	1,570.4
Accumulated depreciation	(1,045.3)	(1,031.1)
Property and equipment – net	538.7	539.3
Operating lease right-of-use assets	74.9	74.7
Deferred income tax assets	78.9	76.0
Long-term finance receivables and contract receivables - net	1,718.8	1,692.1
Goodwill	1,067.9	1,097.4
Other intangible assets – net	274.8	268.9
Pension assets	130.9	130.5
Other long-term assets	16.9	14.0
Total assets	7,759.9	7,544.9
Current liabilities:
Notes payable	15.7	15.6
Accounts payable	271.1	238.0
Accrued benefits	54.4	64.4
Accrued compensation	74.2	102.9
Franchisee deposits	76.8	73.3
Other accrued liabilities	457.9	447.4
Total current liabilities	950.1	941.6
Long-term debt	1,185.1	1,184.6
Deferred income tax liabilities	84.2	79.2
Retiree health care benefits	20.7	21.8
Pension liabilities	69.3	82.3
Operating lease liabilities	54.8	54.6
Other long-term liabilities	86.8	87.4
Total liabilities	2,451.0	2,451.5
Commitments and contingencies (Note 14)
Shareholders’ equity attributable to Snap-on Incorporated:
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)	0.0	0.0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,456,553 and 67,450,999 shares, respectively)	67.5	67.5
Additional paid-in capital	542.8	545.5
Retained earnings	7,286.0	6,948.5
Accumulated other comprehensive loss	(504.8)	(449.5)
Treasury stock at cost (14,800,401 and 14,756,982 shares, respectively)	(2,105.2)	(2,040.7)
Total shareholders’ equity attributable to Snap-on Incorporated	5,286.3	5,071.3
Noncontrolling interests	22.6	22.1
Total equity	5,308.9	5,093.4
Total liabilities and equity	7,759.9	7,544.9
Land
Property and equipment:
Property and equipment – gross	34.0	34.5
Buildings and improvements
Property and equipment:
Property and equipment – gross	444.8	452.8
Machinery, equipment and computer software
Property and equipment:
Property and equipment – gross	1,105.2	1,083.1
Finance Receivables
Current assets:
Finance receivables and contract receivables - net	617.9	594.1
Property and equipment:
Long-term finance receivables and contract receivables - net	1,301.4	1,284.2
Contract Receivables
Current assets:
Finance receivables and contract receivables - net	112.0	120.8
Property and equipment:
Long-term finance receivables and contract receivables - net	$ 417.4	$ 407.9

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.