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Pension Plans
 9 Months Ended
Sep. 27, 2025
Retirement Benefits [Abstract]  
Pension Plans Pension Plans
Snap-on’s net periodic pension cost (benefit) included the following components:
Three Months EndedNine Months Ended
(Amounts in millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024
Service cost$4.9 $5.0 $14.7 $15.0 
Interest cost16.6 16.4 49.7 49.2 
Expected return on plan assets(22.9)(25.5)(68.7)(76.3)
Amortization of unrecognized loss5.5 2.3 16.7 6.9 
Amortization of prior service cost0.1 — 0.1 — 
Net periodic pension cost (benefit)$4.2 $(1.8)$12.5 $(5.2)
The components of net periodic pension cost (benefit), other than the service cost component, are included in “Other income (expense) – net” on the accompanying Condensed Consolidated Statements of Earnings. See Note 15 for additional information on other income (expense) – net.
Snap-on intends to make contributions of $4.3 million to its foreign pension plans and $6.5 million to its domestic pension plans in 2025, as required by law. Depending on market and other conditions, Snap-on may make discretionary cash contributions to its pension plans in 2025.