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Commitments and Contingencies | 12 Months Ended
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Dec. 28, 2024
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies | Commitments and Contingencies Snap-on provides product warranties for specific product lines and accrues for estimated future warranty cost in the period in which the sale is recorded. Snap-on calculates its accrual requirements based on historic warranty loss experience that is periodically adjusted for recent actual experience, including the timing of claims during the warranty period and actual costs incurred. Snap-on’s product warranty accrual activity for 2024, 2023 and 2022 is as follows:
(Amounts in millions) |  | 2024 |  | 2023 |  | 2022
Warranty accrual: |  |  |  |  |  |
Beginning of year |  | $ | 14.7 |  |  | $ | 14.3 |  |  | $ | 17.3 |
Additions |  | 15.0 |  |  | 14.7 |  |  | 9.8 |
Usage |  | (14.5) |  |  | (14.3) |  |  | (12.8) |
End of year |  | $ | 15.2 |  |  | $ | 14.7 |  |  | $ | 14.3 |
Approximately 2,300 employees, or 18% of Snap-on’s worldwide workforce, are represented by unions and/or covered under collective bargaining agreements. The number of covered union employees whose contracts expire over the next five years approximates 1,650 employees in 2025, 450 employees in 2026, and 200 employees in 2027; there are no contracts currently scheduled to expire in 2028 or 2029. In recent years, Snap-on has not experienced any significant work slowdowns, stoppages or other labor disruptions. In the ordinary course of business, Snap-on is subject to legal disputes that are being litigated and/or settled. The accompanying Consolidated Statements of Earnings for the year ended December 28, 2024, include benefits in “Operating expenses” of $22.5 million for payments received associated with a legal matter; the final payments related to this matter were received in the three months ended June 29, 2024. Although it is not possible to predict the outcome of legal matters, management believes that the results of all legal matters will not have a material impact on Snap-on’s consolidated financial position, results of operations or cash flows.

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