CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 28, 2024	Dec. 30, 2023
Current assets:
Cash and cash equivalents	$ 1,313.3	$ 1,001.5
Trade and other accounts receivable – net	796.4	791.3
Finance receivables and contract receivables - net	746.8	714.9
Inventories – net	995.8	1,005.9
Prepaid expenses and other current assets	148.4	138.4
Total current assets	4,000.7	3,652.0
Property and equipment:
Property and equipment – gross	1,622.8	1,570.4
Accumulated depreciation	(1,074.5)	(1,031.1)
Property and equipment – net	548.3	539.3
Operating lease right-of-use assets	78.0	74.7
Deferred income tax assets	79.7	76.0
Long-term finance receivables and contract receivables - net	1,731.1	1,692.1
Goodwill	1,086.6	1,097.4
Other intangible assets – net	277.3	268.9
Pension assets	134.5	130.5
Other long-term assets	17.1	14.0
Total assets	7,953.3	7,544.9
Current liabilities:
Notes payable	14.3	15.6
Accounts payable	270.0	238.0
Accrued benefits	59.4	64.4
Accrued compensation	83.5	102.9
Franchisee deposits	79.2	73.3
Other accrued liabilities	450.0	447.4
Total current liabilities	956.4	941.6
Long-term debt	1,185.3	1,184.6
Deferred income tax liabilities	83.2	79.2
Retiree health care benefits	20.2	21.8
Pension liabilities	65.5	82.3
Operating lease liabilities	57.1	54.6
Other long-term liabilities	87.9	87.4
Total liabilities	2,455.6	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 67,456,600 and 67,450,999 shares, respectively)	67.5	67.5
Additional paid-in capital	549.0	545.5
Retained earnings	7,439.0	6,948.5
Accumulated other comprehensive loss	(424.7)	(449.5)
Treasury stock at cost (14,950,516 and 14,756,982 shares, respectively)	(2,155.8)	(2,040.7)
Total shareholders’ equity attributable to Snap-on Incorporated	5,475.0	5,071.3
Noncontrolling interests	22.7	22.1
Total equity	5,497.7	5,093.4
Total liabilities and equity	7,953.3	7,544.9
Land
Property and equipment:
Property and equipment – gross	34.9	34.5
Buildings and improvements
Property and equipment:
Property and equipment – gross	459.3	452.8
Machinery, equipment and computer software
Property and equipment:
Property and equipment – gross	1,128.6	1,083.1
Finance Receivables
Current assets:
Finance receivables and contract receivables - net	624.7	594.1
Property and equipment:
Long-term finance receivables and contract receivables - net	1,309.0	1,284.2
Contract Receivables
Current assets:
Finance receivables and contract receivables - net	122.1	120.8
Property and equipment:
Long-term finance receivables and contract receivables - net	$ 422.1	$ 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).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- 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.