CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 28, 2025	Dec. 28, 2024
Current assets:
Cash and cash equivalents	$ 1,458.3	$ 1,360.5
Trade and other accounts receivable – net	842.4	815.6
Finance receivables and contract receivables - net	743.4	730.3
Inventories – net	997.7	943.4
Prepaid expenses and other current assets	177.8	139.6
Total current assets	4,219.6	3,989.4
Property and equipment:
Property and equipment – gross	1,657.9	1,600.0
Accumulated depreciation	(1,100.1)	(1,057.4)
Property and equipment – net	557.8	542.6
Operating lease right-of-use assets	90.1	89.4
Deferred income tax assets	78.5	78.0
Long-term finance receivables and contract receivables - net	1,729.6	1,730.3
Goodwill	1,102.6	1,056.8
Other intangible assets – net	275.1	267.6
Pension assets	130.5	125.4
Other long-term assets	18.0	17.3
Total assets	8,201.8	7,896.8
Current liabilities:
Notes payable	17.7	13.7
Accounts payable	269.8	265.9
Accrued benefits	54.7	67.2
Accrued compensation	72.9	86.1
Franchisee deposits	72.1	70.9
Other accrued liabilities	454.3	457.7
Total current liabilities	941.5	961.5
Long-term debt	1,186.0	1,185.5
Deferred income tax liabilities	78.6	73.5
Retiree health care benefits	18.4	19.4
Pension liabilities	77.1	78.4
Operating lease liabilities	67.4	68.6
Other long-term liabilities	93.3	92.9
Total liabilities	2,462.3	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 67,461,227 and 67,456,641 shares, respectively)	67.5	67.5
Additional paid-in capital	563.3	557.7
Retained earnings	7,850.5	7,584.3
Accumulated other comprehensive loss	(402.5)	(575.0)
Treasury stock at cost (15,299,662 and 15,074,968 shares, respectively)	(2,363.3)	(2,240.4)
Total shareholders’ equity attributable to Snap-on Incorporated	5,715.5	5,394.1
Noncontrolling interests	24.0	22.9
Total equity	5,739.5	5,417.0
Total liabilities and equity	8,201.8	7,896.8
Land
Property and equipment:
Property and equipment – gross	35.4	33.7
Buildings and improvements
Property and equipment:
Property and equipment – gross	469.3	462.6
Machinery, equipment and computer software
Property and equipment:
Property and equipment – gross	1,153.2	1,103.7
Finance Receivables
Current assets:
Finance receivables and contract receivables - net	629.2	610.3
Property and equipment:
Long-term finance receivables and contract receivables - net	1,305.3	1,312.0
Contract Receivables
Current assets:
Finance receivables and contract receivables - net	114.2	120.0
Property and equipment:
Long-term finance receivables and contract receivables - net	$ 424.3	$ 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.