v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 03, 2026
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 1,624.5 $ 1,360.5
Trade and other accounts receivable – net 881.4 815.6
Finance and contract receivables, current, net 720.2 730.3
Inventories – net 1,025.2 943.4
Prepaid expenses and other current assets 151.5 139.6
Total current assets 4,402.8 3,989.4
Property and equipment – net 552.3 542.6
Operating lease right-of-use assets 83.7 89.4
Deferred income tax assets 72.5 78.0
Finance and contract receivable, net, non-current 1,721.9 1,730.3
Goodwill 1,109.5 1,056.8
Other intangible assets – net 270.7 267.6
Pension assets 173.8 125.4
Other long-term assets 25.1 17.3
Total assets 8,412.3 7,896.8
Current liabilities:    
Notes payable 16.2 13.7
Accounts payable 229.1 265.9
Accrued benefits 64.7 67.2
Accrued compensation 77.2 86.1
Franchisee deposits 66.2 70.9
Other accrued liabilities 465.1 457.7
Total current liabilities 918.5 961.5
Long-term debt 1,186.4 1,185.5
Deferred income tax liabilities 87.0 73.5
Retiree health care benefits 17.7 19.4
Pension liabilities 85.7 78.4
Operating lease liabilities 61.8 68.6
Other long-term liabilities 98.4 92.9
Total liabilities 2,455.5 2,479.8
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 67,461,309 and 67,456,641 shares, respectively) 67.5 67.5
Additional paid-in capital 578.5 557.7
Retained earnings 8,137.5 7,584.3
Accumulated other comprehensive loss (354.8) (575.0)
Treasury stock at cost (15,594,254 and 15,074,968 shares, respectively) (2,496.9) (2,240.4)
Total shareholders’ equity attributable to Snap-on Incorporated 5,931.8 5,394.1
Noncontrolling interests 25.0 22.9
Total equity 5,956.8 5,417.0
Total liabilities and equity 8,412.3 7,896.8
Finance receivables – net    
Current assets:    
Finance and contract receivables, current, net 590.2 610.3
Finance and contract receivable, net, non-current 1,298.8 1,312.0
Contract receivables – net    
Current assets:    
Finance and contract receivables, current, net 130.0 120.0
Finance and contract receivable, net, non-current $ 423.1 $ 418.3