8-K

                       SECURITIES AND EXCHANGE COMMISSION


                             Washington, D.C. 20549



                                    Form 8-K


                                 CURRENT REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)      June 21, 2002
                                                      -------------


                              Snap-on Incorporated
             (Exact name of registrant as specified in its charter)


            Delaware                     1-7724                 39-0622040
- ----------------------------        ----------------        -------------------
(State or other jurisdiction        (Commission File          (IRS Employer
      of incorporation                   Number)            Identification No.)

              10801 Corporate Drive, Kenosha, Wisconsin 53158-1603
          ------------------------------------------------------------
          (Address of principal executive offices, including zip code)


Registrant's telephone number, including area code    (262) 656-5200
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Item 4.  Changes in Registrant's Certifying Accountant.
- ------   ---------------------------------------------

On June 14, 2002, the Board of Directors of Snap-on Incorporated ("Snap-on"),
upon recommendation of its Audit Committee, dismissed Arthur Andersen LLP
("Andersen") as its independent accountants and engaged Deloitte & Touche LLP as
its independent accountants for 2002.

Andersen's reports on Snap-on's consolidated financial statements for each of
the fiscal years ended December 29, 2001, and December 30, 2000, did not contain
an adverse opinion, disclaimer of opinion or qualification or modification as to
uncertainty, audit scope or accounting principles, except for noting a change in
accounting principles related to derivatives and accounting for pensions.

During the fiscal years ended December 29, 2001, and December 30, 2000, and the
subsequent interim period through June 21, 2002, there were no disagreements
with Andersen on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure which, if not resolved to
Andersen's satisfaction, would have caused Andersen to make reference to the
subject matter in connection with its reports. During the fiscal years ended
December 29, 2001, and December 30, 2000, and the subsequent interim period,
there were no reportable events as defined in Item 304(a)(1)(v) of Regulation
S-K.

Snap-on has provided Andersen with a copy of the above foregoing statements.
After reasonable efforts, Snap-on has been unable to obtain a letter confirming
or denying such statements from Andersen, as the engagement partner and senior
manager are no longer employed by Andersen.

During the two most recent fiscal years ended December 29, 2001, and December
30, 2000, and the subsequent interim period through June 21, 2002, Snap-on did
not consult with Deloitte & Touche LLP regarding any of the matters or events
set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.


Item 7.  Financial Statements and Exhibits.
- ------   ---------------------------------

(c)      Exhibits

         (99)  Press release announcing appointment of Deloitte & Touche LLP as
               Snap-on's independent accountant.


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                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Snap-on
Incorporated has duly caused this report to be signed on its behalf by the
undersigned duly authorized person.



                                              SNAP-ON INCORPORATED


Date:  June 21, 2002                          By: /s/ Blaine A. Metzger
                                                  ------------------------
                                                  Blaine A. Metzger
                                                  Principal Accounting Officer,
                                                  Vice President and Controller




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                                  EXHIBIT INDEX


Exhibit
Number        Description
- -------       -----------

(99)          Press release announcing appointment of Deloitte & Touche LLP as
              Snap-on's independent accountant.




                                       4

EX-99

                                                                      EXHIBIT 99

Snap-on Incorporated                           News Release
                                               Release: IMMEDIATE

   Snap-on Incorporated Appoints Deloitte & Touche LLP as Independent Auditor

KENOSHA, Wis., June 14, 2002 -- Snap-on Incorporated (NYSE: SNA) today announced
that its Board of Directors has selected Deloitte & Touche LLP as its
independent auditor for 2002, effective immediately. Deloitte & Touche LLP
replaces Arthur Andersen LLP as Snap-on's independent auditor.

Previously, Snap-on announced it had initiated a process to consider and select
the company's independent public accountants. Snap-on's Audit Committee,
composed of independent directors, carefully reviewed and considered a number of
public accounting firms in making its recommendation to the Board of Directors.

"We believe Deloitte & Touche LLP will provide the strict standards of
independence and professionalism in audit service that will continue to best
serve our shareholders in the future," said Richard F. Teerlink, a director and
chair of the Audit Committee.

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of
tool, diagnostic and equipment solutions for professional tool users. Product
lines include hand and power tools, diagnostics and shop equipment, tool
storage, diagnostics software and other solutions for vehicle-service,
industrial, government and agricultural customers, and commercial applications,
including construction and electrical. Products are sold through its franchised
dealer van, company-direct sales and distributor channels, as well as over the
Internet. Founded in 1920, Snap-on is a $2+ billion, S&P 500 company
headquartered in Kenosha, Wisconsin, and employs approximately 13,500 people
worldwide.

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     Media contact:                                 Investor contact:
     Richard Secor                                  William Pfund
     262/656-5561                                   262/656-6488

     www.snapon.com
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