Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Current assets:
Cash and cash equivalents	$ 1,360.5	$ 1,001.5
Trade and other accounts receivable – net	815.6	791.3
Finance and contract receivables, current, net	730.3	714.9
Inventories – net	943.4	1,005.9
Prepaid expenses and other current assets	139.6	138.4
Total current assets	3,989.4	3,652.0
Property and equipment – net	542.6	539.3
Operating lease right-of-use assets	89.4	74.7
Deferred income tax assets	78.0	76.0
Finance and contract receivable, net, non-current	1,730.3	1,692.1
Goodwill	1,056.8	1,097.4
Other intangible assets – net	267.6	268.9
Pension assets	125.4	130.5
Other long-term assets	17.3	14.0
Total assets	7,896.8	7,544.9
Current liabilities:
Notes payable	13.7	15.6
Accounts payable	265.9	238.0
Accrued benefits	67.2	64.4
Accrued compensation	86.1	102.9
Franchisee deposits	70.9	73.3
Other accrued liabilities	457.7	447.4
Total current liabilities	961.5	941.6
Long-term debt	1,185.5	1,184.6
Deferred income tax liabilities	73.5	79.2
Retiree health care benefits	19.4	21.8
Pension liabilities	78.4	82.3
Operating lease liabilities	68.6	54.6
Other long-term liabilities	92.9	87.4
Total liabilities	2,479.8	2,451.5
Commitments and contingencies (Note 15)
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 67,456,641 and 67,450,999 shares, respectively)	67.5	67.5
Additional paid-in capital	557.7	545.5
Retained earnings	7,584.3	6,948.5
Accumulated other comprehensive loss	(575.0)	(449.5)
Treasury stock at cost (15,074,968 and 14,756,982 shares, respectively)	(2,240.4)	(2,040.7)
Total shareholders’ equity attributable to Snap-on Incorporated	5,394.1	5,071.3
Noncontrolling interests	22.9	22.1
Total equity	5,417.0	5,093.4
Total liabilities and equity	7,896.8	7,544.9
Finance receivables – net
Current assets:
Finance and contract receivables, current, net	610.3	594.1
Finance and contract receivable, net, non-current	1,312.0	1,284.2
Contract receivables – net
Current assets:
Finance and contract receivables, current, net	120.0	120.8
Finance and contract receivable, net, non-current	$ 418.3	$ 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
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.