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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 29, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 164.0 $ 140.9
Trade and other accounts receivable – net 684.1 692.6
Finance receivables – net 529.0 518.5
Contract receivables – net 91.5 98.3
Inventories – net 725.8 673.8
Prepaid expenses and other assets 112.2 92.8
Total current assets 2,306.6 2,216.9
Property and equipment:    
Land 31.6 31.7
Buildings and improvements 392.5 368.6
Machinery, equipment and computer software 965.6 944.4
Total property and equipment 1,389.7 1,344.7
Accumulated depreciation and amortization (883.3) (849.6)
Property and equipment – net 506.4 495.1
Operating lease right-of-use assets 55.4 0.0
Deferred income tax assets 53.9 64.7
Long-term finance receivables – net 1,089.0 1,074.4
Long-term contract receivables – net 347.5 344.9
Goodwill 907.0 902.2
Other intangibles – net 227.9 232.9
Other assets 51.7 42.0
Total assets 5,545.4 5,373.1
Current liabilities:    
Notes payable 168.2 186.3
Accounts payable 215.3 201.1
Accrued benefits 42.4 52.0
Accrued compensation 62.2 71.5
Franchisee deposits 69.5 67.5
Other accrued liabilities 373.2 373.6
Total current liabilities 930.8 952.0
Long-term debt 947.9 946.0
Deferred income tax liabilities 45.4 41.4
Retiree health care benefits 30.5 31.8
Pension liabilities 136.6 171.3
Operating lease liabilities 35.7  
Other long-term liabilities 109.8 112.0
Total liabilities 2,236.7 2,254.5
Commitments and contingencies (Note 14)
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 67,422,949 and 67,415,091 shares, respectively) 67.4 67.4
Additional paid-in capital 371.7 359.4
Retained earnings 4,556.1 4,257.6
Accumulated other comprehensive loss (500.7) (462.2)
Treasury stock at cost (12,213,408 and 11,804,310 shares, respectively) (1,206.4) (1,123.4)
Total shareholders’ equity attributable to Snap-on Incorporated 3,288.1 3,098.8
Noncontrolling interests 20.6 19.8
Total equity 3,308.7 3,118.6
Total liabilities and equity $ 5,545.4 $ 5,373.1