CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 29, 2025	Dec. 28, 2024
Current assets:
Cash and cash equivalents	$ 1,434.9	$ 1,360.5
Trade and other accounts receivable – net	852.7	815.6
Finance receivables and contract receivables - net	736.8	730.3
Inventories – net	961.2	943.4
Prepaid expenses and other current assets	155.8	139.6
Total current assets	4,141.4	3,989.4
Property and equipment:
Property and equipment – gross	1,615.0	1,600.0
Accumulated depreciation	(1,067.3)	(1,057.4)
Property and equipment – net	547.7	542.6
Operating lease right-of-use assets	91.7	89.4
Deferred income tax assets	78.3	78.0
Long-term finance receivables and contract receivables - net	1,716.4	1,730.3
Goodwill	1,077.7	1,056.8
Other intangible assets – net	271.4	267.6
Pension assets	127.2	125.4
Other long-term assets	17.2	17.3
Total assets	8,069.0	7,896.8
Current liabilities:
Notes payable	18.2	13.7
Accounts payable	281.3	265.9
Accrued benefits	72.9	67.2
Accrued compensation	63.8	86.1
Franchisee deposits	71.1	70.9
Other accrued liabilities	492.6	457.7
Total current liabilities	999.9	961.5
Long-term debt	1,185.7	1,185.5
Deferred income tax liabilities	79.5	73.5
Retiree health care benefits	18.9	19.4
Pension liabilities	77.7	78.4
Operating lease liabilities	70.0	68.6
Other long-term liabilities	93.2	92.9
Total liabilities	2,524.9	2,479.8
Commitments and contingencies (Note 13)
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 67,461,116 and 67,456,641 shares, respectively)	67.5	67.5
Additional paid-in capital	543.5	557.7
Retained earnings	7,712.4	7,584.3
Accumulated other comprehensive loss	(499.5)	(575.0)
Treasury stock at cost (15,171,925 and 15,074,968 shares, respectively)	(2,303.1)	(2,240.4)
Total shareholders’ equity attributable to Snap-on Incorporated	5,520.8	5,394.1
Noncontrolling interests	23.3	22.9
Total equity	5,544.1	5,417.0
Total liabilities and equity	8,069.0	7,896.8
Land
Property and equipment:
Property and equipment – gross	34.4	33.7
Buildings and improvements
Property and equipment:
Property and equipment – gross	454.9	462.6
Machinery, equipment and computer software
Property and equipment:
Property and equipment – gross	1,125.7	1,103.7
Finance Receivables
Current assets:
Finance receivables and contract receivables - net	620.4	610.3
Property and equipment:
Long-term finance receivables and contract receivables - net	1,296.3	1,312.0
Contract Receivables
Current assets:
Finance receivables and contract receivables - net	116.4	120.0
Property and equipment:
Long-term finance receivables and contract receivables - net	$ 420.1	$ 418.3

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.