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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Net sales $ 1,281.9 $ 1,275.6
Operating earnings 339.2 326.1
Interest expense (12.5) (12.4)
Other income (expense) – net 18.1 15.2
Earnings before income taxes 344.8 328.9
Income tax expense (75.2) (74.6)
Net earnings 269.6 254.3
Net earnings attributable to noncontrolling interests (6.1) (5.6)
Net earnings attributable to Snap-on Incorporated $ 263.5 $ 248.7
Net earnings per share attributable to Snap-on Incorporated:    
Basic (in dollars per share) $ 4.99 $ 4.69
Diluted (in dollars per share) $ 4.91 $ 4.60
Weighted-average shares outstanding:    
Basic (in shares) 52,741,565 53,019,170
Effect of dilutive securities (in shares) 929,466 1,044,581
Diluted (in shares) 53,671,031 54,063,751
Dividends declared per common share (in dollars per share) $ 1.86 $ 1.62
Scenario, Rounding    
Weighted-average shares outstanding:    
Basic (in shares) 52,800,000 53,000,000.0
Effect of dilutive securities (in shares) 900,000 1,100,000
Diluted (in shares) 53,700,000 54,100,000
Total net sales    
Net sales $ 1,182.3 $ 1,183.0
Cost of goods sold (585.6) (593.4)
Gross profit 596.7 589.6
Operating expenses (325.8) (329.8)
Operating earnings 270.9 259.8
Financial services revenue    
Net sales 99.6 92.6
Cost of goods sold (31.3) (26.3)
Operating earnings $ 68.3 $ 66.3